2017 Q3 Form 10-Q Financial Statement
#000156459017016550 Filed on August 08, 2017
Income Statement
Concept | 2017 Q3 | 2017 Q2 | 2016 Q4 |
---|---|---|---|
Revenue | $1.336M | $6.562M | $1.696M |
YoY Change | 968.8% | 176.29% | -61.81% |
Cost Of Revenue | $700.0K | $6.000K | $300.0K |
YoY Change | 3081.82% | -87.76% | -66.67% |
Gross Profit | $700.0K | $6.556M | $1.400M |
YoY Change | 579.61% | 181.86% | -61.11% |
Gross Profit Margin | 52.4% | 99.91% | 82.55% |
Selling, General & Admin | $9.400M | $6.400M | $5.700M |
YoY Change | 51.61% | 3.23% | 35.71% |
% of Gross Profit | 1342.86% | 97.62% | 407.14% |
Research & Development | $12.52M | $13.92M | $16.06M |
YoY Change | -0.33% | 30.31% | 233.73% |
% of Gross Profit | 1788.29% | 212.28% | 1147.07% |
Depreciation & Amortization | $700.0K | $700.0K | $200.0K |
YoY Change | 250.0% | 600.0% | 100.0% |
% of Gross Profit | 100.0% | 10.68% | 14.29% |
Operating Expenses | $12.52M | $13.92M | $16.06M |
YoY Change | -0.33% | 30.31% | 233.73% |
Operating Profit | -$11.82M | -$15.06M | -$14.66M |
YoY Change | -36.69% | 0.7% | 1109.49% |
Interest Expense | $600.0K | $600.0K | $400.0K |
YoY Change | 20.0% | 20.0% | 33.33% |
% of Operating Profit | |||
Other Income/Expense, Net | $603.0K | $583.0K | |
YoY Change | 17.32% | 13.2% | |
Pretax Income | -$20.70M | -$14.50M | -$20.00M |
YoY Change | 13.74% | 0.69% | 284.62% |
Income Tax | -$400.0K | ||
% Of Pretax Income | |||
Net Earnings | -$20.71M | -$14.47M | -$19.61M |
YoY Change | 14.06% | 0.25% | 278.68% |
Net Earnings / Revenue | -1549.85% | -220.56% | -1156.13% |
Basic Earnings Per Share | -$0.67 | -$0.47 | |
Diluted Earnings Per Share | -$0.67 | -$0.47 | -$739.6K |
COMMON SHARES | |||
Basic Shares Outstanding | 30.89M | 30.66M | 26.48M |
Diluted Shares Outstanding | 30.66M |
Balance Sheet
Concept | 2017 Q3 | 2017 Q2 | 2016 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $166.7M | $162.1M | $89.60M |
YoY Change | 81.59% | 72.08% | -21.47% |
Cash & Equivalents | $60.11M | $57.65M | $24.84M |
Short-Term Investments | $106.8M | $104.4M | $64.70M |
Other Short-Term Assets | $4.600M | $1.252M | $1.010M |
YoY Change | 9.52% | -56.83% | 18.68% |
Inventory | |||
Prepaid Expenses | $2.432M | $1.775M | |
Receivables | $900.0K | $100.0K | $1.000M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $172.2M | $165.8M | $93.37M |
YoY Change | 78.26% | 69.37% | -20.97% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $11.50M | $11.52M | $9.324M |
YoY Change | 98.28% | 297.38% | 1633.09% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $24.50M | $46.40M | $69.40M |
YoY Change | -73.68% | -55.73% | -32.29% |
Other Assets | $1.100M | $393.0K | $400.0K |
YoY Change | 120.0% | -21.4% | 138.1% |
Total Long-Term Assets | $37.10M | $58.56M | $79.36M |
YoY Change | -62.68% | -45.88% | -23.12% |
TOTAL ASSETS | |||
Total Short-Term Assets | $172.2M | $165.8M | $93.37M |
Total Long-Term Assets | $37.10M | $58.56M | $79.36M |
Total Assets | $209.3M | $224.4M | $172.7M |
YoY Change | 6.79% | 8.87% | -21.97% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.600M | $3.948M | $1.543M |
YoY Change | -51.85% | 88.0% | 52.17% |
Accrued Expenses | $10.80M | $7.500M | $8.100M |
YoY Change | 20.0% | 5.63% | 153.13% |
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 | $13.40M | $11.46M | $9.669M |
YoY Change | -6.94% | 25.96% | 122.84% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $1.200M | $1.200M | $1.300M |
YoY Change | -14.29% | 71.43% | 550.0% |
Total Long-Term Liabilities | $1.200M | $1.200M | $1.300M |
YoY Change | -14.29% | 71.43% | 550.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $13.40M | $11.46M | $9.669M |
Total Long-Term Liabilities | $1.200M | $1.200M | $1.300M |
Total Liabilities | $14.60M | $12.68M | $11.00M |
YoY Change | -7.01% | 28.07% | 140.49% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$151.1M | -$114.6M | |
YoY Change | 121.98% | ||
Common Stock | $363.4M | $276.4M | |
YoY Change | 2.68% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $194.7M | $211.7M | $161.7M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $209.3M | $224.4M | $172.7M |
YoY Change | 6.79% | 8.87% | -21.97% |
Cashflow Statement
Concept | 2017 Q3 | 2017 Q2 | 2016 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$20.71M | -$14.47M | -$19.61M |
YoY Change | 14.06% | 0.25% | 278.68% |
Depreciation, Depletion And Amortization | $700.0K | $700.0K | $200.0K |
YoY Change | 250.0% | 600.0% | 100.0% |
Cash From Operating Activities | -$17.20M | -$9.500M | -$20.50M |
YoY Change | 45.76% | 13.1% | 365.91% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$500.0K | -$1.700M | -$4.400M |
YoY Change | -77.27% | 54.55% | 4300.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $19.20M | -$23.90M | $21.80M |
YoY Change | 58.68% | -712.82% | -115.12% |
Cash From Investing Activities | $18.80M | -$25.60M | $17.40M |
YoY Change | 91.84% | -982.76% | -112.06% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 600.0K | 10.80M | -100.0K |
YoY Change | 500.0% | 10700.0% | -95.83% |
NET CHANGE | |||
Cash From Operating Activities | -17.20M | -9.500M | -20.50M |
Cash From Investing Activities | 18.80M | -25.60M | 17.40M |
Cash From Financing Activities | 600.0K | 10.80M | -100.0K |
Net Change In Cash | 2.200M | -24.30M | -3.200M |
YoY Change | -215.79% | 350.0% | -97.88% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$17.20M | -$9.500M | -$20.50M |
Capital Expenditures | -$500.0K | -$1.700M | -$4.400M |
Free Cash Flow | -$16.70M | -$7.800M | -$16.10M |
YoY Change | 73.96% | 6.85% | 274.42% |
Facts In Submission
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Prepaid Expense Current
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Other Operating Income Expense Net
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Grants Revenue Expenses
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|
-1.27 | ||
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-0.96 | ||
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Share Based Compensation
ShareBasedCompensation
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Other Noncash Income Expense
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Revenues
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License Costs
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us-gaap |
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InvestmentIncomeNet
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|
-14547000 | |
CY2017Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14473000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-36466000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1240000 | ||
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
246000 | |
us-gaap |
Licenses Revenue
LicensesRevenue
|
7010000 | ||
CY2017Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13917000 | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.47 | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14437000 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.55 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-74000 | |
CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-14191000 | |
CY2016Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14437000 | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
30662000 | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
26362000 | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5074000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-945000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1257000 | ||
us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
480000 | ||
CY2017Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
583000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
133724000 | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
930000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
98000 | ||
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
2723000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-31000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
2982000 | ||
us-gaap |
Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
|
-127000 | ||
rgnx |
Increase Decrease In Deferred Rent Payable
IncreaseDecreaseInDeferredRentPayable
|
-89000 | ||
rgnx |
Increase Decrease In Deferred Rent Payable
IncreaseDecreaseInDeferredRentPayable
|
601000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-27030000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-16317000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
46593000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
32261000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
28010000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
26131000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
780000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4609000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1491000 | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
225000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-22412000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-7846000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
329000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
130000 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
147000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
81994000 | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
219000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
82251000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
130000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
32809000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-24033000 | ||
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
54116000 | |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30083000 | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
939000 | ||
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
193000 | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. Nature of Business</p> <p style="margin-top:6pt;margin-bottom:0pt;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">REGENXBIO Inc. (the Company) is a leading clinical-stage biotechnology company seeking to improve lives through the curative potential of gene therapy. The Company’s proprietary adeno-associated virus (AAV) gene delivery platform (NAV® Technology Platform) consists of exclusive rights to over 100 novel AAV vectors, including AAV7, AAV8, AAV9 and AAVrh10. The Company’s NAV® Technology Platform is being applied by the Company, as well as by third-party licensees, in the development of product candidates for a variety of diseases with unmet needs. The Company was formed in 2008 in the state of Delaware and is headquartered in Rockville, Maryland.</p> <p style="margin-top:18pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Follow-on Public Offering</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On March 27, 2017, the Company completed a follow-on public offering whereby the Company sold 3,700,000 shares of common stock at a price of $20.50 per share. In connection with the offering, the Company granted the underwriters an option to purchase up to 555,000 additional shares of common stock at the public offering price. The underwriters exercised the option in full and purchased the additional shares on April 26, 2017. The aggregate net proceeds received by the Company from the offering, inclusive of the underwriters’ option exercise, were $81.5 million, net of underwriting discounts and commissions and offering expenses payable by the Company. </p> <p style="margin-top:18pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Liquidity and Risks </p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As of June 30, 2017, the Company had generated an accumulated deficit of $151.1 million since inception. As the Company continues to incur losses, transition to profitability is dependent upon the successful development, approval and commercialization of its product candidates and achieving a level of revenues adequate to support the Company’s cost structure. The Company may never achieve profitability, and unless and until it does, the Company will continue to need to raise additional capital.<font style="color:#000000;"> As of June 30, 2017, the Company had cash, cash equivalents and marketable securities of $208.5 million, which management believes is sufficient to fund operations for at least the next 12 months from the date these consolidated financial statements were issued.</font></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is subject to risks common to companies in the biotechnology industry, including, but not limited to, development by the Company or its competitors of technological innovations, risks of failure of clinical trials, dependence on key personnel, protection of proprietary technology, compliance with government regulations and ability to transition from clinical manufacturing to commercial production of products.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:9pt;"> </p></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results could materially differ from those estimates. Management considers many factors in selecting appropriate financial accounting policies and controls, and in developing the estimates and assumptions that are used in the preparation of these consolidated financial statements. Management must apply significant judgment in this process. In addition, other factors may affect estimates, including: expected business and operational changes, sensitivity and volatility associated with the assumptions used in developing estimates and whether historical trends are expected to be representative of future trends. The estimation process often may yield a range of potentially reasonable estimates of the ultimate future outcomes and management must select an amount that falls within that range of reasonable estimates. This process may result in actual results differing materially from those estimated amounts used in the preparation of the consolidated financial statements. Estimates are used in the following areas, among others: stock-based compensation expense, accrued research and development expenses and the fair value of financial instruments.</p></div> | ||
CY2017Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
208500000 | |
rgnx |
Forfeiture Rate Used To Calculate Stock Based Compensation Expense
ForfeitureRateUsedToCalculateStockBasedCompensationExpense
|
0.00 | ||
CY2017Q2 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
151062000 | |
CY2017Q2 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
18000 | |
CY2017Q2 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
229000 | |
CY2017Q2 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
150851000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
700000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
298000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
134126000 | |
CY2017Q2 | rgnx |
Available For Sale Securities Remaining Maturities Greater Than Three Years
AvailableForSaleSecuritiesRemainingMaturitiesGreaterThanThreeYears
|
0 | |
CY2016Q4 | rgnx |
Available For Sale Securities Remaining Maturities Greater Than Three Years
AvailableForSaleSecuritiesRemainingMaturitiesGreaterThanThreeYears
|
0 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-100000 | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-100000 | ||
CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
200000 | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
1200000 | ||
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | ||
CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | ||
CY2017Q2 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
127200000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
102500000 | |
us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | ||
CY2017Q2 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
802000 | |
CY2017Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1638000 | |
CY2016 | us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | |
CY2017Q2 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
|
45 | |
CY2017Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
208500000 | |
CY2016Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
158966000 | |
CY2017Q2 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | |
CY2017Q2 | us-gaap |
Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
|
0 | |
CY2017Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
13404000 | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
9948000 | |
CY2017Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1880000 | |
CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
624000 | |
CY2015Q3 | us-gaap |
Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
|
300000 | |
CY2017Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1687000 | |
CY2017Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1626000 | |
CY2017Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
665000 | |
CY2017Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
952000 | |
CY2017Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
7370000 | |
us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
0 | ||
us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | ||
CY2016 | us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | |
rgnx |
Milestone Fee Payments Upon Submission Preclinical Filings
MilestoneFeePaymentsUponSubmissionPreclinicalFilings
|
500000 | ||
rgnx |
Milestone Fee Payments Upon Commencement Of Clinical Trials
MilestoneFeePaymentsUponCommencementOfClinicalTrials
|
29200000 | ||
rgnx |
Milestone Fee Payments Upon Submission Of Regulatory Approval Filings
MilestoneFeePaymentsUponSubmissionOfRegulatoryApprovalFilings
|
48500000 | ||
rgnx |
Milestone Fee Payments Upon Approval Of Commercial Products
MilestoneFeePaymentsUponApprovalOfCommercialProducts
|
110500000 | ||
rgnx |
Milestone Fee Payments Upon Achievement Of Specified Sales Targets
MilestoneFeePaymentsUponAchievementOfSpecifiedSalesTargets
|
92000000 | ||
CY2017Q2 | rgnx |
Upfront License Fee And Option Fees Revenue
UpfrontLicenseFeeAndOptionFeesRevenue
|
6000000 | |
CY2016Q2 | rgnx |
Upfront License Fee And Option Fees Revenue
UpfrontLicenseFeeAndOptionFeesRevenue
|
2000000 | |
rgnx |
Upfront License Fee And Option Fees Revenue
UpfrontLicenseFeeAndOptionFeesRevenue
|
6000000 | ||
rgnx |
Upfront License Fee And Option Fees Revenue
UpfrontLicenseFeeAndOptionFeesRevenue
|
2000000 | ||
CY2017Q2 | us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
140000 | |
CY2016Q2 | us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
80000 | |
us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
390000 | ||
us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
330000 | ||
CY2017Q2 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
415000 | |
CY2016Q2 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
165000 | |
us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
620000 | ||
us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
243000 | ||
CY2017Q2 | rgnx |
Licenses Revenue Including Amounts From Related Parties
LicensesRevenueIncludingAmountsFromRelatedParties
|
6555000 | |
CY2016Q2 | rgnx |
Licenses Revenue Including Amounts From Related Parties
LicensesRevenueIncludingAmountsFromRelatedParties
|
2245000 | |
rgnx |
Licenses Revenue Including Amounts From Related Parties
LicensesRevenueIncludingAmountsFromRelatedParties
|
7010000 | ||
rgnx |
Licenses Revenue Including Amounts From Related Parties
LicensesRevenueIncludingAmountsFromRelatedParties
|
2573000 | ||
CY2017Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2483000 | |
CY2016Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1656000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5074000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3202000 | ||
CY2017Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
26000000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5901000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4785000 | ||
CY2017Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5901000 | |
CY2016Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4785000 | |
CY2017Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3896000 | |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3338000 | |
CY2017Q2 | rgnx |
Accrued External Research And Development Expenses
AccruedExternalResearchAndDevelopmentExpenses
|
2133000 | |
CY2016Q4 | rgnx |
Accrued External Research And Development Expenses
AccruedExternalResearchAndDevelopmentExpenses
|
3005000 | |
CY2017Q2 | rgnx |
Accrued External General And Administrative Expenses
AccruedExternalGeneralAndAdministrativeExpenses
|
943000 | |
CY2016Q4 | rgnx |
Accrued External General And Administrative Expenses
AccruedExternalGeneralAndAdministrativeExpenses
|
672000 | |
CY2017Q2 | rgnx |
Accrued Purchases Of Property And Equipment
AccruedPurchasesOfPropertyAndEquipment
|
50000 | |
CY2016Q4 | rgnx |
Accrued Purchases Of Property And Equipment
AccruedPurchasesOfPropertyAndEquipment
|
844000 | |
CY2017Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
492000 | |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
267000 |