2013 Q3 Form 10-Q Financial Statement
#000107997313000477 Filed on August 07, 2013
Income Statement
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
Revenue | $56.00K | $27.00K | |
YoY Change | 833.33% | -50.91% | |
Cost Of Revenue | $21.23K | $12.00 | |
YoY Change | -99.56% | ||
Gross Profit | $35.00K | $27.00K | |
YoY Change | 483.33% | -48.08% | |
Gross Profit Margin | 62.5% | 100.0% | |
Selling, General & Admin | $1.323M | $1.354M | $1.394M |
YoY Change | -1.74% | -2.83% | 2.46% |
% of Gross Profit | 3779.93% | 5161.9% | |
Research & Development | $1.806M | $1.801M | $880.6K |
YoY Change | 69.46% | 104.46% | -39.53% |
% of Gross Profit | 5161.07% | 3261.52% | |
Depreciation & Amortization | $150.0K | $64.00K | $93.00K |
YoY Change | 64.84% | -31.18% | -9.44% |
% of Gross Profit | 428.57% | 344.44% | |
Operating Expenses | $3.129M | $3.155M | $2.274M |
YoY Change | 29.72% | 38.72% | -19.25% |
Operating Profit | -$3.073M | -$3.134M | -$2.247M |
YoY Change | 27.95% | 39.45% | -18.18% |
Interest Expense | $31.90K | $30.75K | |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $713.00 | -$11.02K | -$62.66K |
YoY Change | -101.22% | -82.42% | 52.69% |
Pretax Income | -$3.070M | -$3.140M | -$2.310M |
YoY Change | 24.8% | 35.93% | -17.2% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$3.072M | -$3.145M | -$2.310M |
YoY Change | 24.88% | 36.15% | -17.12% |
Net Earnings / Revenue | -5485.71% | -8555.56% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.146M | -$1.707M | -$9.625M |
COMMON SHARES | |||
Basic Shares Outstanding | 21.45M shares | 9.954M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $17.30M | $20.00M | $11.20M |
YoY Change | 69.61% | 78.57% | 57.75% |
Cash & Equivalents | $4.355M | $9.737M | $10.95M |
Short-Term Investments | $12.90M | $10.30M | $200.0K |
Other Short-Term Assets | $500.0K | $100.0K | $100.0K |
YoY Change | 0.0% | 0.0% | -50.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $56.07K | $25.20K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $17.85M | $20.11M | $11.33M |
YoY Change | 66.88% | 77.51% | 55.22% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.319M | $2.377M | $2.609M |
YoY Change | -9.42% | -8.9% | -13.04% |
Goodwill | $387.2K | $387.2K | $387.2K |
YoY Change | 0.0% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.616M | $1.610M | $1.582M |
YoY Change | 2.97% | 1.78% | |
Total Long-Term Assets | $3.935M | $3.987M | $4.191M |
YoY Change | -4.71% | -4.87% | -10.84% |
TOTAL ASSETS | |||
Total Short-Term Assets | $17.85M | $20.11M | $11.33M |
Total Long-Term Assets | $3.935M | $3.987M | $4.191M |
Total Assets | $21.78M | $24.10M | $15.52M |
YoY Change | 46.94% | 55.27% | 29.35% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $870.4K | $874.9K | $435.8K |
YoY Change | 35.56% | 100.76% | -66.48% |
Accrued Expenses | $972.2K | $884.1K | $366.6K |
YoY Change | 47.56% | 141.14% | -69.45% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $400.0K | $100.0K | $900.0K |
YoY Change | -84.62% | -88.89% | 800.0% |
Total Short-Term Liabilities | $2.401M | $2.034M | $1.978M |
YoY Change | -44.14% | 2.86% | -23.93% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.200M | $2.200M | $2.400M |
YoY Change | 175.0% | -8.33% | -4.0% |
Other Long-Term Liabilities | $1.300M | $1.200M | $200.0K |
YoY Change | 30.0% | 500.0% | -66.67% |
Total Long-Term Liabilities | $3.500M | $3.400M | $2.600M |
YoY Change | 94.44% | 30.77% | -16.13% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.401M | $2.034M | $1.978M |
Total Long-Term Liabilities | $3.500M | $3.400M | $2.600M |
Total Liabilities | $5.913M | $5.492M | $4.554M |
YoY Change | -2.45% | 20.58% | -20.1% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$83.25M | -$80.18M | -$69.27M |
YoY Change | 16.06% | 15.75% | |
Common Stock | $99.12M | $98.79M | $80.24M |
YoY Change | 23.15% | 23.12% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $15.87M | $18.61M | $10.97M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $21.78M | $24.10M | $15.52M |
YoY Change | 46.94% | 55.27% | 29.35% |
Cashflow Statement
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.072M | -$3.145M | -$2.310M |
YoY Change | 24.88% | 36.15% | -17.12% |
Depreciation, Depletion And Amortization | $150.0K | $64.00K | $93.00K |
YoY Change | 64.84% | -31.18% | -9.44% |
Cash From Operating Activities | -$2.570M | -$1.890M | -$1.330M |
YoY Change | 375.93% | 42.11% | -39.55% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$30.00K | -$30.00K | -$30.00K |
YoY Change | -40.0% | 0.0% | -50.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$2.680M | -$3.480M | $350.0K |
YoY Change | 1388.89% | -1094.29% | 20.69% |
Cash From Investing Activities | -$2.700M | -$3.520M | $320.0K |
YoY Change | 1073.91% | -1200.0% | 39.13% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -100.0K | 12.64M | 10.65M |
YoY Change | -71.43% | 18.69% | -15314.29% |
NET CHANGE | |||
Cash From Operating Activities | -2.570M | -1.890M | -1.330M |
Cash From Investing Activities | -2.700M | -3.520M | 320.0K |
Cash From Financing Activities | -100.0K | 12.64M | 10.65M |
Net Change In Cash | -5.370M | 7.230M | 9.640M |
YoY Change | 379.46% | -25.0% | -572.55% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.570M | -$1.890M | -$1.330M |
Capital Expenditures | -$30.00K | -$30.00K | -$30.00K |
Free Cash Flow | -$2.540M | -$1.860M | -$1.300M |
YoY Change | 418.37% | 43.08% | -39.25% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q2 | appy |
Additional Milestone Maximum Payments
AdditionalMilestoneMaximumPayments
|
2000000 | USD |
CY2013Q2 | appy |
Common Stock Shares Authorized Before Plan Change
CommonStockSharesAuthorizedBeforePlanChange
|
30000000 | shares |
CY2013Q2 | appy |
Deferred Revenue Net
DeferredRevenueNet
|
1318465 | USD |
CY2013Q2 | appy |
License Agreement Maximum Milestone Payments
LicenseAgreementMaximumMilestonePayments
|
1100000 | USD |
CY2013Q2 | appy |
License And Milestone Payments Revenue
LicenseAndMilestonePaymentsRevenue
|
1716000 | USD |
appy |
Marketable Securities Management Fees
MarketableSecuritiesManagementFees
|
6744 | USD | |
appy |
Marketable Securities Management Fees
MarketableSecuritiesManagementFees
|
1071 | USD | |
appy |
Marketable Securities Realized Loss
MarketableSecuritiesRealizedLoss
|
28419 | USD | |
appy |
Marketable Securities Realized Loss
MarketableSecuritiesRealizedLoss
|
82 | USD | |
CY2013Q2 | appy |
Maximum Percentage Of Any Individual Short Term Marketable Securities In Investment Portfolio
MaximumPercentageOfAnyIndividualShortTermMarketableSecuritiesInInvestmentPortfolio
|
0.05 | pure |
CY2013Q2 | appy |
Other Other Long Term Assets
OtherOtherLongTermAssets
|
12384 | USD |
CY2012Q4 | appy |
Other Other Long Term Assets
OtherOtherLongTermAssets
|
3957 | USD |
CY2013Q2 | appy |
Percentage Of Investment Portfolio Cash And Cash Equivalent
PercentageOfInvestmentPortfolioCashAndCashEquivalent
|
0.44 | pure |
appy |
Placement Fee Percentage
PlacementFeePercentage
|
0.07 | pure | |
CY2013Q2 | appy |
Placement Fee Percentage
PlacementFeePercentage
|
0.07 | pure |
appy |
Stockholders Equity Note Reverse Stock Split Conversion Ratio
StockholdersEquityNoteReverseStockSplitConversionRatio
|
6 | pure | |
CY2013Q2 | appy |
Underwriter Addtional Shares Percentage
UnderwriterAddtionalSharesPercentage
|
0.15 | pure |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.39 | ||
CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3078359 | USD |
CY2013Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
411126 | USD |
CY2012Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
199425 | USD |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001167419 | ||
CY2013Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
21454380 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Venaxis, Inc. | ||
CY2013Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
874917 | USD |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
613925 | USD |
CY2013Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
884108 | USD |
CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
642055 | USD |
CY2013Q2 | us-gaap |
Accrued Royalties Current And Noncurrent
AccruedRoyaltiesCurrentAndNoncurrent
|
337060 | USD |
CY2013Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3205109 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
895347 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
421421 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
-39904 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
USD | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5844000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
840400 | shares | |
CY2013Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
3000 | USD |
CY2012Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
3000 | USD |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
2951 | USD | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
44554 | USD | |
CY2013Q2 | us-gaap |
Assets
Assets
|
24100827 | USD |
CY2012Q4 | us-gaap |
Assets
Assets
|
16614791 | USD |
CY2013Q2 | us-gaap |
Assets Current
AssetsCurrent
|
20114239 | USD |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
12528358 | USD |
CY2013Q2 | us-gaap |
Capital
Capital
|
18080000 | USD |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9736747 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10977974 | USD |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10949955 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2968104 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1241227 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
7981851 | USD | |
CY2012Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
2.50 | |
CY2013Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
1.36 | |
CY2013Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
0.35 | shares |
CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
98789067 | USD |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
84924133 | USD |
CY2013Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
USD | |
CY2012Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
12 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
USD | ||
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
196 | USD | |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9954380 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
21454380 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9954380 | shares |
CY2012Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
305000 | shares |
CY2013Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
4025000 | shares |
CY2013Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q2 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
||
CY2012Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
||
CY2013Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
60000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
60000000 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
21454380 | shares |
CY2013Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
1378940 | USD |
CY2013Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
84995 | USD |
CY2012Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
79803 | USD |
CY2013Q2 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
1233470 | USD |
CY2012Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
1081706 | USD |
CY2013Q2 | us-gaap |
Depreciation
Depreciation
|
64000 | USD |
CY2012Q2 | us-gaap |
Depreciation
Depreciation
|
93000 | USD |
us-gaap |
Depreciation
Depreciation
|
131000 | USD | |
us-gaap |
Depreciation
Depreciation
|
186000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
171797 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
224452 | USD | |
CY2013Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.21 | |
CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.19 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.48 | ||
CY2013Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
46464 | USD |
CY2012Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
452878 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
382908 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
345692 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
76000 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
76000 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
76000 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
76000 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
76000 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1210265 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1210698 | USD |
us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P197M | ||
CY2013Q2 | us-gaap |
Goodwill
Goodwill
|
387239 | USD |
CY2012Q4 | us-gaap |
Goodwill
Goodwill
|
387239 | USD |
CY2013Q2 | us-gaap |
Gross Profit
GrossProfit
|
USD | |
CY2012Q2 | us-gaap |
Gross Profit
GrossProfit
|
27229 | USD |
us-gaap |
Gross Profit
GrossProfit
|
USD | ||
us-gaap |
Gross Profit
GrossProfit
|
34320 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
260992 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-145906 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
USD | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-9820 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
242053 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1774 | USD | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-406414 | USD | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
228100 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
196860 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
204000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-266316 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-168753 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
81647 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
125163 | USD | |
CY2013Q2 | us-gaap |
Investments And Cash
InvestmentsAndCash
|
19993000 | USD |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
895347 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
451197 | USD | |
CY2013Q2 | us-gaap |
Liabilities
Liabilities
|
5491681 | USD |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
5923791 | USD |
CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
24100827 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
16614791 | USD |
CY2013Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2034446 | USD |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4078953 | USD |
us-gaap |
License Costs
LicenseCosts
|
1182000 | USD | |
CY2013Q2 | us-gaap |
Licenses Revenue
LicensesRevenue
|
21249 | USD |
CY2012Q2 | us-gaap |
Licenses Revenue
LicensesRevenue
|
USD | |
us-gaap |
Licenses Revenue
LicensesRevenue
|
39904 | USD | |
us-gaap |
Licenses Revenue
LicensesRevenue
|
USD | ||
CY2013 | us-gaap |
Licenses Revenue
LicensesRevenue
|
60475 | USD |
CY2013Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
1839000 | USD |
CY2013Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
71000 | USD |
CY2013Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
159000 | USD |
CY2013Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
153000 | USD |
CY2013Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
146000 | USD |
CY2013Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
2223765 | USD |
CY2012Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
763132 | USD |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-50549 | USD | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
1343 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12283890 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10306477 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9168327 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
740208 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4356790 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3064834 | USD | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3144619 | USD |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2309759 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-5946788 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4248030 | USD | |
CY2012Q4 | us-gaap |
Notes Payable
NotesPayable
|
3053424 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5954876 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4121297 | USD | |
CY2013Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1609888 | USD |
CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1601894 | USD |
CY2013Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
143962 | USD |
CY2012Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
2290292 | USD |
CY2013Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3154852 | USD |
CY2012Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2274324 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
5994780 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
4155617 | USD | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3133603 | USD |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2247095 | USD |
CY2013Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-11016 | USD |
CY2012Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-62664 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
8088 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-126733 | USD | |
CY2013Q2 | us-gaap |
Notes Payable
NotesPayable
|
2367727 | USD |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1261000 | USD | |
CY2013Q2 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1405000 | USD |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
51992 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
52944 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
22911 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | ||
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
12504775 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
209714 | USD | |
CY2013Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
121164 | USD |
CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
387480 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
12969587 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10938512 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
3411351 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
1002866 | USD | |
CY2012Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
880610 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3212495 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1557228 | USD | |
CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-80179921 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-74233133 | USD |
us-gaap |
Royalty Expense
RoyaltyExpense
|
20000 | USD | |
CY2013Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
USD | |
CY2012Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
27241 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
USD | ||
CY2013Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5581809 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5562898 | USD |
CY2013Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2376700 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2484539 | USD |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
685697 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
632035 | USD | |
CY2013Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1800522 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
34516 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2782285 | USD | |
CY2013Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1354330 | USD |
CY2012Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1393714 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2598389 | USD | |
CY2012Q2 | us-gaap |
Share Price
SharePrice
|
2.00 | |
CY2013Q2 | us-gaap |
Share Price
SharePrice
|
1.25 | |
CY2013Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
10256328 | USD |
CY2012Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
1162904 | USD |
CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18609146 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10691000 | USD |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
6100000 | shares | |
CY2013Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
11500000 | shares |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
12200000 | USD | |
CY2013Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
14400000 | USD |
CY2013Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
14756578 | shares |
CY2012Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1948717 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
12368745 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1778433 | shares |