2014 Q4 Form 10-Q Financial Statement
#000114420414067777 Filed on November 13, 2014
Income Statement
Concept | 2014 Q4 | 2014 Q3 | 2014 Q1 |
---|---|---|---|
Revenue | $0.00 | $30.00K | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.097M | $1.086M | $670.0K |
YoY Change | 317.11% | 117.64% | 157.69% |
% of Gross Profit | |||
Research & Development | $619.0K | $1.929M | $320.0K |
YoY Change | 56.71% | 289.7% | 60.0% |
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | $0.00 | $0.00 |
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $1.716M | $2.624M | $990.0K |
YoY Change | 160.79% | 163.98% | 115.22% |
Operating Profit | -$1.716M | -$2.594M | |
YoY Change | 160.79% | 160.97% | |
Interest Expense | $0.00 | $7.885M | |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $4.000K | $5.000K | |
YoY Change | |||
Pretax Income | -$1.710M | -$1.710M | -$990.0K |
YoY Change | 159.09% | 72.73% | 115.22% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.712M | -$11.13M | -$990.0K |
YoY Change | 160.18% | 1020.12% | 115.22% |
Net Earnings / Revenue | -37113.33% | ||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$9.000M | -$9.000M | -$5.824M |
COMMON SHARES | |||
Basic Shares Outstanding | 4.804M shares | 4.804M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q4 | 2014 Q3 | 2014 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $11.57M | $12.88M | $15.57M |
YoY Change | 115600.0% | 14211.11% | 15470.0% |
Cash & Equivalents | $451.0K | $753.0K | $15.57M |
Short-Term Investments | |||
Other Short-Term Assets | $50.00K | $20.00K | $1.000K |
YoY Change | -80.0% | -90.48% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $831.0K | $13.17M | $15.57M |
YoY Change | 219.62% | 4289.67% | 15474.0% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $470.0K | $105.0K | $2.000K |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | ||
YoY Change | -100.0% | ||
Total Long-Term Assets | $720.0K | $105.0K | $2.000K |
YoY Change | -38.46% | -87.2% | -96.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $831.0K | $13.17M | $15.57M |
Total Long-Term Assets | $720.0K | $105.0K | $2.000K |
Total Assets | $1.551M | $13.27M | $15.58M |
YoY Change | 8.46% | 1085.18% | 10284.0% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $216.0K | ||
YoY Change | -73.98% | ||
Accrued Expenses | $3.544M | $570.0K | $410.0K |
YoY Change | 4962.86% | 612.5% | 310.0% |
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 | $43.46M | $575.0K | $947.0K |
YoY Change | 2288.08% | -56.77% | 847.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $43.46M | $575.0K | $947.0K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $44.77M | $580.0K | $950.0K |
YoY Change | 2360.0% | -56.39% | 850.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$101.9M | -$7.094M | -$3.669M |
YoY Change | |||
Common Stock | $23.14M | $480.00 | $18.30M |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$78.79M | $12.70M | $14.63M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.551M | $13.27M | $15.58M |
YoY Change | 8.46% | 1085.18% | 10284.0% |
Cashflow Statement
Concept | 2014 Q4 | 2014 Q3 | 2014 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.712M | -$11.13M | -$990.0K |
YoY Change | 160.18% | 1020.12% | 115.22% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash From Operating Activities | -$1.310M | -$1.280M | -$1.390M |
YoY Change | 495.45% | 24.27% | 286.11% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$100.0K | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $0.00 | -$100.0K | $0.00 |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | -10.00K | 16.95M |
YoY Change | -100.0% | -100.94% | 3584.78% |
NET CHANGE | |||
Cash From Operating Activities | -1.310M | -1.280M | -1.390M |
Cash From Investing Activities | 0.000 | -100.0K | 0.000 |
Cash From Financing Activities | 0.000 | -10.00K | 16.95M |
Net Change In Cash | -1.310M | -1.390M | 15.56M |
YoY Change | 1537.5% | -4733.33% | 15460.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.310M | -$1.280M | -$1.390M |
Capital Expenditures | $0.00 | -$100.0K | $0.00 |
Free Cash Flow | -$1.310M | -$1.180M | -$1.390M |
YoY Change | 495.45% | 14.56% | 286.11% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Operating Expenses
OperatingExpenses
|
3434000 | USD | |
CY2013Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
994000 | USD |
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;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><i>Use of Estimates</i></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> 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 and disclosures of contingent liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from these estimates. Significant estimates and assumptions include stock-based compensation, the valuation allowance related to the Company’s deferred tax assets and the expense allocations relating to the Company’s operations prior to its deconsolidation from Oculus Innovative Sciences, Inc. (“Oculus” or “Former Parent”) on March 26, 2014.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2014Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1000 | USD |
CY2014Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
20000 | USD |
CY2014Q1 | us-gaap |
Prepaid Rent
PrepaidRent
|
2000 | USD |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-994000 | USD |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1715000 | USD |
us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
0 | USD | |
us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
9000 | USD | |
CY2014Q3 | us-gaap |
Cash
Cash
|
12880000 | USD |
CY2014Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
289000 | USD |
CY2014Q3 | us-gaap |
Assets Current
AssetsCurrent
|
13169000 | USD |
CY2014Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
105000 | USD |
CY2014Q3 | us-gaap |
Assets
Assets
|
13274000 | USD |
CY2014Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
573000 | USD |
CY2014Q3 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
2000 | USD |
CY2014Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
575000 | USD |
CY2014Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2014Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
480 | USD |
CY2014Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
18297535 | USD |
CY2014Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
19792520 | USD |
CY2014Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-7094000 | USD |
CY2014Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12699000 | USD |
CY2014Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
13274000 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3859092 | shares | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1471000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3425000 | USD | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-994000 | USD |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1710000 | USD |
CY2014Q3 | rtgn |
Working Capital
WorkingCapital
|
12594000 | USD |
CY2014Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
0 | USD |
CY2014Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
228000 | USD |
CY2014Q3 | us-gaap |
Prepaid Rent
PrepaidRent
|
2000 | USD |
CY2014Q1 | rtgn |
Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
|
0 | USD |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
865000 | USD | |
CY2014Q3 | rtgn |
Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
|
39000 | USD |
CY2014Q1 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
3000 | USD |
CY2014Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
289000 | USD |
CY2014Q1 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
109000 | USD |
CY2014Q3 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
77000 | USD |
CY2014Q1 | rtgn |
Accrued Director Compensation
AccruedDirectorCompensation
|
50000 | USD |
CY2014Q3 | rtgn |
Accrued Director Compensation
AccruedDirectorCompensation
|
41000 | USD |
rtgn |
Offering Cost Withheld From Proceeds
OfferingCostWithheldFromProceeds
|
89000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
163000 | USD | |
CY2014Q1 | rtgn |
Accrued Legal Fees
AccruedLegalFees
|
183000 | USD |
CY2014Q3 | rtgn |
Accrued Legal Fees
AccruedLegalFees
|
141000 | USD |
CY2014Q1 | rtgn |
Professional Fees Accrued Current
ProfessionalFeesAccruedCurrent
|
53000 | USD |
CY2014Q3 | rtgn |
Professional Fees Accrued Current
ProfessionalFeesAccruedCurrent
|
125000 | USD |
CY2014Q1 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
15000 | USD |
CY2014Q3 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
189000 | USD |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
3145650 | shares |
rtgn |
Share Based Compensation Arrangement By Sharebased Payment Award Nonoption Equity Instruments Exercisable Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementBySharebasedPaymentAwardNonoptionEquityInstrumentsExercisableWeightedAverageRemainingContractualTerm
|
P1Y6M | ||
CY2014Q3 | rtgn |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Excercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExcercisableNumber
|
3047500 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.00 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0167 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P0Y | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y7M10D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.00 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.95 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
0 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
332500 | 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
|
0 | shares | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
332500 | shares |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
27706 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
6.37 | ||
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 | ||
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.37 | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
6.37 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y7M6D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P9Y7M6D | ||
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | USD |
CY2014Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | USD |
CY2014Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
CY2014Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2014Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
4650000 | shares |
CY2014Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
4804290 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
4650000 | shares |
CY2014Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
4804290 | shares |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1028000 | USD | |
rtgn |
Share Based Compensation Arrangement By Share Based Payment Award Forfeiture Rights
ShareBasedCompensationArrangementByShareBasedPaymentAwardForfeitureRights
|
0 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.79 | ||
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0 | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
1593000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
199000 | USD | |
CY2013Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | USD |
CY2014Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
133000 | USD |
CY2014Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
1394000 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y7M6D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights
|
RSUs for 341,000 shares of common stock vest ratably over three years on a quarterly basis and had an aggregate grant date value of $2,148,000. RSUs for 68,355 shares had an aggregate grant date value of $431,000 and vest in equal installments based on achievement of the following: (1) enrollment of the first patient in the first pivotal clinical trial for RUT58-60 on or prior to May 11, 2017; (2) enrollment of the first patient in the second pivotal clinical trial for RUT58-60 on or prior to May 11, 2018; and (3) completion of the clinical study report containing the results of the second pivotal clinical trial for RUT58-60 on or prior to May 11, 2019. | ||
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
332500 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
6.37 | |
us-gaap |
Revenues
Revenues
|
0 | USD | |
us-gaap |
Revenues
Revenues
|
0 | USD | |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
0 | USD |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
0 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
670000 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1305000 | USD | |
CY2013Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
495000 | USD |
CY2014Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
629000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
801000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2129000 | USD | |
CY2013Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
499000 | USD |
CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1086000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
1471000 | USD | |
CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1715000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1471000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3434000 | USD | |
CY2013Q3 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
0 | USD |
CY2014Q3 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
5000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
9000 | USD | |
CY2013Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | USD |
CY2014Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5000 | USD |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
103000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-103000 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
535000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD | |
rtgn |
Investment From Related Party
InvestmentFromRelatedParty
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
330000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-7000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-2691000 | USD | |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
96000 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
15571000 | USD |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
89000 | USD |
CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
12880000 | USD |
rtgn |
Gross Proceeds From Issuance Of Common Stock And Warrants
GrossProceedsFromIssuanceOfCommonStockAndWarrants
|
1117000 | USD | |
rtgn |
Offering Cost
OfferingCost
|
252000 | USD | |
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
|
2015 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Ruthigen, Inc. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001574235 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--03-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Trading Symbol
TradingSymbol
|
RTGN | ||
CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
4804290 | shares |