2013 Q1 Form 10-K Financial Statement
#000107997313000206 Filed on March 26, 2013
Income Statement
Concept | 2013 Q1 | 2011 Q4 | 2011 Q3 |
---|---|---|---|
Revenue | $45.00K | $22.00K | |
YoY Change | -50.0% | -72.5% | |
Cost Of Revenue | $0.00 | $382.00 | |
YoY Change | -100.0% | -99.75% | |
Gross Profit | $44.00K | $22.00K | |
YoY Change | -320.0% | -131.43% | |
Gross Profit Margin | 97.78% | 100.0% | |
Selling, General & Admin | $1.428M | $1.210M | $1.406M |
YoY Change | 18.53% | -18.24% | -27.15% |
% of Gross Profit | 2750.0% | 6390.81% | |
Research & Development | $1.412M | $1.290M | $1.645M |
YoY Change | 108.68% | -24.56% | 58.17% |
% of Gross Profit | 2931.82% | 7477.25% | |
Depreciation & Amortization | $86.81K | $120.0K | $98.00K |
YoY Change | -22.72% | -14.29% | -18.33% |
% of Gross Profit | 272.73% | 445.45% | |
Operating Expenses | $2.840M | $2.490M | $3.051M |
YoY Change | 50.96% | -21.7% | 3.07% |
Operating Profit | -$2.821M | -$2.446M | -$3.011M |
YoY Change | 50.53% | -23.56% | -0.62% |
Interest Expense | $44.06K | -$50.00K | -$50.00K |
YoY Change | 25.0% | 150.0% | |
% of Operating Profit | |||
Other Income/Expense, Net | $19.10K | $0.00 | -$52.24K |
YoY Change | -129.82% | -100.0% | |
Pretax Income | -$2.800M | -$1.560M | -$3.060M |
YoY Change | 44.33% | -47.83% | 0.33% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$2.802M | -$1.557M | -$3.064M |
YoY Change | 44.58% | -47.93% | 0.46% |
Net Earnings / Revenue | -3460.0% | -13927.27% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$2.258M | -$9.176M | -$18.00M |
COMMON SHARES | |||
Basic Shares Outstanding | 9.954M | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q1 | 2011 Q4 | 2011 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $9.300M | $4.000M | $4.800M |
YoY Change | 389.47% | -66.1% | -66.2% |
Cash & Equivalents | $2.492M | $2.968M | $2.401M |
Short-Term Investments | $6.800M | $1.000M | $2.400M |
Other Short-Term Assets | $300.0K | $300.0K | $500.0K |
YoY Change | 50.0% | -25.0% | 400.0% |
Inventory | $0.00 | ||
Prepaid Expenses | |||
Receivables | $35.02K | $0.00 | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $9.554M | $4.321M | $5.300M |
YoY Change | 354.97% | -64.87% | -63.45% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.429M | $2.795M | $2.900M |
YoY Change | -10.04% | -9.83% | -9.38% |
Goodwill | $387.2K | $387.2K | |
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.611M | $1.612M | $0.00 |
YoY Change | |||
Total Long-Term Assets | $4.040M | $4.407M | $4.700M |
YoY Change | -6.05% | -10.07% | -4.08% |
TOTAL ASSETS | |||
Total Short-Term Assets | $9.554M | $4.321M | $5.300M |
Total Long-Term Assets | $4.040M | $4.407M | $4.700M |
Total Assets | $13.59M | $8.728M | $10.00M |
YoY Change | 112.41% | -49.26% | -48.45% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $704.8K | $581.7K | $1.500M |
YoY Change | 40.96% | -47.12% | 50.0% |
Accrued Expenses | $452.7K | $368.4K | $1.300M |
YoY Change | 126.37% | -38.6% | 116.67% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.900M | $1.100M | $400.0K |
YoY Change | 90.0% | 266.67% | 300.0% |
Total Short-Term Liabilities | $3.220M | $2.072M | $3.300M |
YoY Change | 89.39% | -23.26% | 32.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $700.0K | $2.800M | $2.500M |
YoY Change | -73.08% | 12.0% | -3.85% |
Other Long-Term Liabilities | $1.300M | $0.00 | $600.0K |
YoY Change | -100.0% | -14.29% | |
Total Long-Term Liabilities | $2.000M | $2.800M | $3.100M |
YoY Change | -23.08% | -9.68% | -6.06% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.220M | $2.072M | $3.300M |
Total Long-Term Liabilities | $2.000M | $2.800M | $3.100M |
Total Liabilities | $5.221M | $4.902M | $6.400M |
YoY Change | 21.42% | -16.92% | 12.28% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$77.04M | -$65.02M | |
YoY Change | |||
Common Stock | $85.41M | $68.85M | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $8.373M | $3.826M | $3.600M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $13.59M | $8.728M | $10.00M |
YoY Change | 112.41% | -49.26% | -48.45% |
Cashflow Statement
Concept | 2013 Q1 | 2011 Q4 | 2011 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.802M | -$1.557M | -$3.064M |
YoY Change | 44.58% | -47.93% | 0.46% |
Depreciation, Depletion And Amortization | $86.81K | $120.0K | $98.00K |
YoY Change | -22.72% | -14.29% | -18.33% |
Cash From Operating Activities | -$2.472M | -$1.920M | -$2.060M |
YoY Change | 42.5% | -10.28% | -2.83% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $10.84K | -$60.00K | -$50.00K |
YoY Change | 0.0% | 0.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$5.610M | $1.390M | -$1.440M |
YoY Change | -1375.0% | -40.34% | 3.6% |
Cash From Investing Activities | -$5.653M | $1.330M | -$1.490M |
YoY Change | -1451.6% | -41.67% | 2.76% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$361.3K | 1.150M | -150.0K |
YoY Change | 7.74% | -866.67% | 400.0% |
NET CHANGE | |||
Cash From Operating Activities | -$2.472M | -1.920M | -2.060M |
Cash From Investing Activities | -$5.653M | 1.330M | -1.490M |
Cash From Financing Activities | -$361.3K | 1.150M | -150.0K |
Net Change In Cash | -$8.486M | 560.0K | -3.700M |
YoY Change | 413.8% | -5700.0% | 2.78% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.472M | -$1.920M | -$2.060M |
Capital Expenditures | $10.84K | -$60.00K | -$50.00K |
Free Cash Flow | -$2.483M | -$1.860M | -$2.010M |
YoY Change | 43.13% | -10.58% | -2.9% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2012Q4 | appy |
Additional Milestone Maximum Payments
AdditionalMilestoneMaximumPayments
|
2000000 | USD |
CY2012Q1 | appy |
Common Stock Market Price High
CommonStockMarketPriceHigh
|
5.88 | |
CY2012Q2 | appy |
Common Stock Market Price High
CommonStockMarketPriceHigh
|
4.44 | |
CY2012Q3 | appy |
Common Stock Market Price High
CommonStockMarketPriceHigh
|
2.77 | |
CY2012Q4 | appy |
Common Stock Market Price High
CommonStockMarketPriceHigh
|
2.93 | |
CY2011Q1 | appy |
Common Stock Market Price High
CommonStockMarketPriceHigh
|
25.5 | |
CY2011Q2 | appy |
Common Stock Market Price High
CommonStockMarketPriceHigh
|
23.61 | |
CY2011Q3 | appy |
Common Stock Market Price High
CommonStockMarketPriceHigh
|
22.5 | |
CY2011Q4 | appy |
Common Stock Market Price High
CommonStockMarketPriceHigh
|
17.53 | |
CY2012Q1 | appy |
Common Stock Market Price Low
CommonStockMarketPriceLow
|
3.9 | |
CY2012Q2 | appy |
Common Stock Market Price Low
CommonStockMarketPriceLow
|
1.88 | |
CY2012Q3 | appy |
Common Stock Market Price Low
CommonStockMarketPriceLow
|
1.33 | |
CY2012Q4 | appy |
Common Stock Market Price Low
CommonStockMarketPriceLow
|
2.04 | |
CY2011Q1 | appy |
Common Stock Market Price Low
CommonStockMarketPriceLow
|
16.8 | |
CY2011Q2 | appy |
Common Stock Market Price Low
CommonStockMarketPriceLow
|
18.6 | |
CY2011Q3 | appy |
Common Stock Market Price Low
CommonStockMarketPriceLow
|
14.4 | |
CY2011Q4 | appy |
Common Stock Market Price Low
CommonStockMarketPriceLow
|
5.82 | |
CY2012 | appy |
Cumulative Realized Loss On Marketable Securities Maximum
CumulativeRealizedLossOnMarketableSecuritiesMaximum
|
5000 | USD |
CY2012Q4 | appy |
Deferred Revenue Net
DeferredRevenueNet
|
1161509 | USD |
CY2012Q4 | appy |
License Agreement Maximum Milestone Payments
LicenseAgreementMaximumMilestonePayments
|
1100000 | USD |
CY2012Q4 | appy |
License And Milestone Payments Revenue
LicenseAndMilestonePaymentsRevenue
|
1512000 | USD |
CY2012 | appy |
License Fees Quarterly
LicenseFeesQuarterly
|
204000 | USD |
CY2012 | appy |
Marketable Securities Management Fees
MarketableSecuritiesManagementFees
|
5532 | USD |
CY2011 | appy |
Marketable Securities Management Fees
MarketableSecuritiesManagementFees
|
9248 | USD |
CY2010 | appy |
Marketable Securities Management Fees
MarketableSecuritiesManagementFees
|
17959 | USD |
CY2011 | appy |
Marketable Securities Realized Loss
MarketableSecuritiesRealizedLoss
|
3505 | USD |
CY2012 | appy |
Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
|
11192 | USD |
CY2011 | appy |
Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
|
1004 | USD |
CY2010 | appy |
Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
|
1388 | USD |
CY2012Q4 | appy |
Other Other Long Term Assets
OtherOtherLongTermAssets
|
3957 | USD |
CY2011Q4 | appy |
Other Other Long Term Assets
OtherOtherLongTermAssets
|
9665 | USD |
CY2012Q4 | appy |
Percentage Of Investment Portfolio Cash And Cash Equivalent
PercentageOfInvestmentPortfolioCashAndCashEquivalent
|
0.89 | |
CY2012 | appy |
Proceeds From Warrants And Stock Options Exercised
ProceedsFromWarrantsAndStockOptionsExercised
|
USD | |
CY2011 | appy |
Proceeds From Warrants And Stock Options Exercised
ProceedsFromWarrantsAndStockOptionsExercised
|
USD | |
CY2010 | appy |
Proceeds From Warrants And Stock Options Exercised
ProceedsFromWarrantsAndStockOptionsExercised
|
291028 | USD |
CY2012 | dei |
Document Type
DocumentType
|
10-K | |
CY2012 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001167419 | |
CY2013Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
9954380 | |
CY2012 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2012 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2012Q2 | dei |
Entity Public Float
EntityPublicFloat
|
14507000 | USD |
CY2012 | dei |
Entity Registrant Name
EntityRegistrantName
|
Venaxis, Inc. | |
CY2012 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2012 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
613925 | USD |
CY2012 | appy |
Stockholders Equity Note Reverse Stock Split Conversion Ratio
StockholdersEquityNoteReverseStockSplitConversionRatio
|
6 | |
CY2011 | appy |
Weighted Average Number Of Shares Outstanding Pre Reverse Stock Split
WeightedAverageNumberOfSharesOutstandingPreReverseStockSplit
|
8032178 | |
CY2010 | appy |
Weighted Average Number Of Shares Outstanding Pre Reverse Stock Split
WeightedAverageNumberOfSharesOutstandingPreReverseStockSplit
|
7876081 | |
CY2012 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2012 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2012 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2012 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | |
CY2012 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-12-31 | |
CY2011Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
581713 | USD |
CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
USD | |
CY2011Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
35016 | USD |
CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
642055 | USD |
CY2011Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
368406 | USD |
CY2012Q4 | us-gaap |
Accrued Royalties Current And Noncurrent
AccruedRoyaltiesCurrentAndNoncurrent
|
-329920 | USD |
CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3078359 | USD |
CY2011Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2725981 | USD |
CY2012 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
1753190 | USD |
CY2011 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
181035 | USD |
CY2010 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
883471 | USD |
CY2012 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
901161 | USD |
CY2011 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1336177 | USD |
CY2010 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2363871 | USD |
CY2012 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
-20571 | USD |
CY2011 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
-62179 | USD |
CY2010 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
-68394 | USD |
CY2012 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1306000 | |
CY2012 | us-gaap |
Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
|
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CY2011 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
497000 | |
CY2010 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
214000 | |
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Asset Impairment Charges
AssetImpairmentCharges
|
44554 | USD |
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Asset Impairment Charges
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|
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Asset Impairment Charges
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Assets
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|
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Assets
Assets
|
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Assets Current
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|
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Assets Current
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|
4321044 | USD |
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Capital
Capital
|
8449000 | USD |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10977974 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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|
2968104 | USD |
CY2009Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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|
13366777 | USD |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8908080 | USD |
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
8009870 | USD |
CY2011 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-5939976 | USD |
CY2010 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
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|
-4458697 | USD |
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Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
12141000 | USD |
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Commitments And Contingencies
CommitmentsAndContingencies
|
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Commitments And Contingencies
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|
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Common Stock No Par Value
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|
||
CY2011Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
||
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | |
CY2011Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9954380 | |
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Common Stock Shares Issued
CommonStockSharesIssued
|
1608146 | |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9954380 | |
CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1608146 | |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
84924133 | USD |
CY2011Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
68846796 | USD |
CY2012 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
592 | USD |
CY2011 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
16345 | USD |
CY2010 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
358094 | USD |
CY2012Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
1182080 | USD |
CY2012Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
79803 | USD |
CY2011Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
USD | |
CY2012Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
1081706 | USD |
CY2011Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
USD | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
551000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
USD | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
17000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
23000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
26453000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
23505000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
25100000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
22767000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
USD | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
15000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
32000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
8000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
753000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
692000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
26453000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
23505000 | USD |
CY2012 | us-gaap |
Depreciation
Depreciation
|
352000 | USD |
CY2011 | us-gaap |
Depreciation
Depreciation
|
402000 | USD |
CY2010 | us-gaap |
Depreciation
Depreciation
|
395000 | USD |
CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
430228 | USD |
CY2011 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
490515 | USD |
CY2010 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
492160 | USD |
CY2012 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.84 | |
CY2011 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-7.61 | |
CY2010 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-10.17 | |
CY2012Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.2 | |
CY2011Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.96 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
CY2010 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
CY2012Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
452878 | USD |
CY2011Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
47622 | USD |
CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.19 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.32 | |
CY2012Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.87 | |
CY2011Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.1 | |
CY2011Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.1 | |
CY2011Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.28 | |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
345692 | USD |
CY2011Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
273550 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
75000 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
75000 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
75000 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
75000 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
75000 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1210698 | USD |
CY2011Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1214748 | USD |
CY2012 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P197M | |
CY2012 | us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
USD | |
CY2011 | us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
938896 | USD |
CY2010 | us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
USD | |
CY2012 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-1924 | USD |
CY2011 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
USD | |
CY2010 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
USD | |
CY2012Q4 | us-gaap |
Goodwill
Goodwill
|
387239 | USD |
CY2011Q4 | us-gaap |
Goodwill
Goodwill
|
387239 | USD |
CY2012 | us-gaap |
Gross Profit
GrossProfit
|
40965 | USD |
CY2011 | us-gaap |
Gross Profit
GrossProfit
|
203075 | USD |
CY2010 | us-gaap |
Gross Profit
GrossProfit
|
12135 | USD |
CY2012Q1 | us-gaap |
Gross Profit
GrossProfit
|
7000 | USD |
CY2012Q2 | us-gaap |
Gross Profit
GrossProfit
|
27000 | USD |
CY2012Q3 | us-gaap |
Gross Profit
GrossProfit
|
6000 | USD |
CY2012Q4 | us-gaap |
Gross Profit
GrossProfit
|
1000 | USD |
CY2011Q1 | us-gaap |
Gross Profit
GrossProfit
|
85000 | USD |
CY2011Q2 | us-gaap |
Gross Profit
GrossProfit
|
52000 | USD |
CY2011Q3 | us-gaap |
Gross Profit
GrossProfit
|
22000 | USD |
CY2011Q4 | us-gaap |
Gross Profit
GrossProfit
|
44000 | USD |
CY2012 | us-gaap |
Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
|
USD | |
CY2011 | us-gaap |
Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
|
USD | |
CY2010 | us-gaap |
Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
|
USD | |
CY2012 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
2948000 | USD |
CY2011 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
3275000 | USD |
CY2010 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
4054000 | USD |
CY2012 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-3132000 | USD |
CY2011 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-3473000 | USD |
CY2010 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-4535000 | USD |
CY2012 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
339000 | USD |
CY2011 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
504000 | USD |
CY2010 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
881000 | USD |
CY2012 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
121000 | USD |
CY2011 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
USD | |
CY2010 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
USD | |
CY2012 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-276000 | USD |
CY2011 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-306000 | USD |
CY2010 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-400000 | USD |
CY2012 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
32212 | USD |
CY2011 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
284543 | USD |
CY2010 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-419377 | USD |
CY2012 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-35016 | USD |
CY2011 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-38160 | USD |
CY2010 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
25217 | USD |
CY2012 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
273649 | USD |
CY2011 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
210721 | USD |
CY2010 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-206737 | USD |
CY2012 | us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
405256 | USD |
CY2011 | us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-179948 | USD |
CY2010 | us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-15915 | USD |
CY2012 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
1182080 | USD |
CY2011 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
USD | |
CY2010 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
USD | |
CY2012 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-407955 | USD |
CY2011 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-426825 | USD |
CY2010 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-403271 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
782165 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
9171392 | USD |
CY2012 | us-gaap |
Interest Expense
InterestExpense
|
248629 | USD |
CY2011 | us-gaap |
Interest Expense
InterestExpense
|
180509 | USD |
CY2010 | us-gaap |
Interest Expense
InterestExpense
|
132786 | USD |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
244737 | USD |
CY2011 | us-gaap |
Interest Paid
InterestPaid
|
180915 | USD |
CY2010 | us-gaap |
Interest Paid
InterestPaid
|
194533 | USD |
CY2012 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
930937 | USD |
CY2011 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
1336177 | USD |
CY2010 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
2363871 | USD |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
5923791 | USD |
CY2011Q4 | us-gaap |
Liabilities
Liabilities
|
4901967 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
16614791 | USD |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8727845 | USD |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4078953 | USD |
CY2011Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2071926 | USD |
CY2012 | us-gaap |
License Costs
LicenseCosts
|
408000 | USD |
CY2012 | us-gaap |
Licenses Revenue
LicensesRevenue
|
20571 | USD |
CY2011 | us-gaap |
Licenses Revenue
LicensesRevenue
|
62179 | USD |
CY2010 | us-gaap |
Licenses Revenue
LicensesRevenue
|
68394 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
483000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
2290000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
75000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
72000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
68000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
65000 | USD |
CY2012Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
763132 | USD |
CY2011Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
2830041 | USD |
CY2012 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
102 | USD |
CY2011 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
1073 | USD |
CY2010 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
2023 | USD |
CY2010 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
1065 | USD |
CY2012Q4 | us-gaap |
Mortgage Loans On Real Estate Periodic Payment Terms Balloon Payment Amount
MortgageLoansOnRealEstatePeriodicPaymentTermsBalloonPaymentAmount
|
1600000 | USD |
CY2012 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> Nature of operations:</div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> Venaxis, Inc. (the "Company" or "Venaxis") was organized on July 24, 2000, as a Colorado corporation. In December 2012, the Company's name was changed to Venaxis, Inc., from AspenBio Pharma, Inc. Venaxis' business is in the development and commercialization of innovative products that address unmet diagnostic and therapeutic needs. The Company's lead product candidate, APPY1, is designed to be a novel blood-based diagnostic test that, if successfully cleared to be marketed by the United States Food and Drug Administration ("FDA"), will aid, through the test's negative predictive value, in the evaluation of low risk patients initially suspected of having acute appendicitis, thereby helping address the difficult challenge of triaging possible acute appendicitis patients in the hospital emergency department or urgent care settings.</div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> The Company's research and development activities are currently focused primarily on a human acute appendicitis blood-based test.</div> <!--EndFragment--></div> </div> | |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13814963 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-316118 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1610801 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2923475 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5488975 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8332942 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-10706614 | USD |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9212215 | USD |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10213801 | USD |
CY2010 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-13337719 | USD |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1938000 | USD |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2310000 | USD |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2460000 | USD |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2504000 | USD |
CY2011Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2806000 | USD |
CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2787000 | USD |
CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3064000 | USD |
CY2011Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1557000 | USD |
CY2012 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
480635 | USD |
CY2011 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
454830 | USD |
CY2010 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
293873 | USD |
CY2012 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-250553 | USD |
CY2011 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
762387 | USD |
CY2010 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
111843 | USD |
CY2012Q4 | us-gaap |
Notes Payable
NotesPayable
|
3053424 | USD |
CY2011Q4 | us-gaap |
Notes Payable
NotesPayable
|
3904226 | USD |
CY2012Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
2290292 | USD |
CY2011Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
1074185 | USD |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
9023198 | USD |
CY2011 | us-gaap |
Operating Expenses
OperatingExpenses
|
11241442 | USD |
CY2010 | us-gaap |
Operating Expenses
OperatingExpenses
|
13530091 | USD |
CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8961662 | USD |
CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-10976188 | USD |
CY2010 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13449562 | USD |
CY2012Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
68000000 | USD |
CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1601894 | USD |
CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1611652 | USD |
CY2012 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
112646 | USD |
CY2011 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
228163 | USD |
CY2010 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
309898 | USD |
CY2012 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
43692 | USD |
CY2011 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
2972256 | USD |
CY2010 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
5206909 | USD |
CY2010 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
244479 | USD |
CY2012 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1924 | USD |
CY2011 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
4000 | USD |
CY2010 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
244629 | USD |
CY2011 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
90100 | USD |
CY2010 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
191509 | USD |
CY2012 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
2991644 | USD |
CY2011 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
1043192 | USD |
CY2010 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
7628977 | USD |
CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
387480 | USD |
CY2011Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
314800 | USD |
CY2012 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
15146400 | USD |
CY2011 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1456065 | USD |
CY2010 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
9116529 | USD |
CY2012 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
2831864 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5562898 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5521130 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2484539 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2795149 | USD |
CY2010 | us-gaap |
Stockholders Equity Note Changes In Capital Structure Subsequent Changes To Number Of Common Shares
StockholdersEquityNoteChangesInCapitalStructureSubsequentChangesToNumberOfCommonShares
|
1310956 | |
CY2012 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1331437 | USD |
CY2011 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
673900 | USD |
CY2010 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
236165 | USD |
CY2012 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3838375 | USD |
CY2011 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5666221 | USD |
CY2010 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6112405 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-74233133 | USD |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-65020918 | USD |
CY2012 | us-gaap |
Royalty Expense
RoyaltyExpense
|
20000 | USD |
CY2012 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
41557 | USD |
CY2011 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
219420 | USD |
CY2010 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
370229 | USD |
CY2012Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
7000 | USD |
CY2012Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
27000 | USD |
CY2012Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
6000 | USD |
CY2012Q4 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
2000 | USD |
CY2011Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
97000 | USD |
CY2011Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
55000 | USD |
CY2011Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
22000 | USD |
CY2011Q4 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
45000 | USD |
CY2012 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
5184823 | USD |
CY2011 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
5575221 | USD |
CY2010 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
7417686 | USD |
CY2012Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
1162904 | USD |
CY2011Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
1003124 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10691000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3825878 | USD |
CY2009Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12813728 | USD |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11247437 | USD |
CY2011 | us-gaap |
Stockholders Equity Note Changes In Capital Structure Subsequent Changes To Number Of Common Shares
StockholdersEquityNoteChangesInCapitalStructureSubsequentChangesToNumberOfCommonShares
|
1341379 | |
CY2010 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
291028 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
15146400 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
1456065 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
9116529 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
29776 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
901161 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1336177 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2363871 | USD |
CY2012 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> Use of estimates:</div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ significantly from those estimates.</div> <!--EndFragment--></div> </div> | |
CY2012 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4996827 | |
CY2011 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1341379 | |
CY2010 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1310956 |