2016 Q1 Form 10-Q Financial Statement
#000156459016018148 Filed on May 06, 2016
Income Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $350.0K | $3.578M |
| YoY Change | -90.22% | 57.9% |
| % of Gross Profit | ||
| Research & Development | $1.260M | $6.040M |
| YoY Change | -79.14% | 41.09% |
| % of Gross Profit | ||
| Depreciation & Amortization | $30.00K | $30.00K |
| YoY Change | 0.0% | 162.01% |
| % of Gross Profit | ||
| Operating Expenses | $10.74M | $9.650M |
| YoY Change | 11.32% | 41.1% |
| Operating Profit | -$1.691M | -$9.650M |
| YoY Change | -82.48% | 41.1% |
| Interest Expense | $519.0K | $0.00 |
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | $15.00K | $4.000K |
| YoY Change | 275.0% | -99.12% |
| Pretax Income | -$1.680M | -$9.620M |
| YoY Change | -82.54% | 51.02% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$1.676M | -$9.616M |
| YoY Change | -82.57% | 50.93% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$1.615M | -$4.219M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 159.5M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $37.10M | $49.90M |
| YoY Change | -25.65% | 0.6% |
| Cash & Equivalents | $23.52M | $27.93M |
| Short-Term Investments | $13.60M | $22.00M |
| Other Short-Term Assets | $1.200M | $700.0K |
| YoY Change | 71.43% | -30.0% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $38.20M | $50.60M |
| YoY Change | -24.51% | -0.02% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $200.0K | $200.0K |
| YoY Change | 0.0% | 87.8% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $100.0K | $400.0K |
| YoY Change | -75.0% | 378.8% |
| Total Long-Term Assets | $11.90M | $12.10M |
| YoY Change | -1.65% | 3.01% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $38.20M | $50.60M |
| Total Long-Term Assets | $11.90M | $12.10M |
| Total Assets | $50.10M | $62.70M |
| YoY Change | -20.1% | 0.55% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.500M | $2.300M |
| YoY Change | 8.7% | 58.66% |
| Accrued Expenses | $8.800M | $6.900M |
| YoY Change | 27.54% | 75.0% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $11.40M | |
| YoY Change | ||
| Total Short-Term Liabilities | $22.70M | $9.200M |
| YoY Change | 146.74% | 49.22% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $3.400M | |
| YoY Change | ||
| Total Long-Term Liabilities | $3.400M | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $22.70M | $9.200M |
| Total Long-Term Liabilities | $3.400M | $0.00 |
| Total Liabilities | $29.47M | $12.61M |
| YoY Change | 133.63% | 31.8% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$244.7M | |
| YoY Change | ||
| Common Stock | $294.9M | |
| YoY Change | 11.01% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $20.70M | $50.11M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $50.10M | $62.72M |
| YoY Change | -20.12% | 0.58% |
Cashflow Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.676M | -$9.616M |
| YoY Change | -82.57% | 50.93% |
| Depreciation, Depletion And Amortization | $30.00K | $30.00K |
| YoY Change | 0.0% | 162.01% |
| Cash From Operating Activities | -$11.33M | -$7.350M |
| YoY Change | 54.15% | 17.18% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $5.000K | $70.00K |
| YoY Change | -92.86% | 1066.67% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $4.380M | -$450.0K |
| YoY Change | -1073.33% | -118.22% |
| Cash From Investing Activities | $4.380M | -$520.0K |
| YoY Change | -942.31% | -121.12% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $8.060M | $9.000K |
| YoY Change | 89455.56% | -99.89% |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 7.420M | -10.00K |
| YoY Change | -74300.0% | -100.13% |
| NET CHANGE | ||
| Cash From Operating Activities | -11.33M | -7.350M |
| Cash From Investing Activities | 4.380M | -520.0K |
| Cash From Financing Activities | 7.420M | -10.00K |
| Net Change In Cash | 470.0K | -7.880M |
| YoY Change | -105.96% | -289.1% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$11.33M | -$7.350M |
| Capital Expenditures | $5.000K | $70.00K |
| Free Cash Flow | -$11.34M | -$7.420M |
| YoY Change | 52.76% | 18.18% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q1 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
24000 | |
| CY2016Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
3404000 | |
| CY2016Q1 | us-gaap |
Liabilities
Liabilities
|
29465000 | |
| CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
519000 | |
| CY2015Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
10991000 | |
| CY2015Q1 | us-gaap |
Revenues
Revenues
|
0 | |
| CY2015Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
3726000 | |
| CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
23173000 | |
| CY2015Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
25000 | |
| CY2016Q1 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
3368000 | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
7419000 | |
| CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
0 | |
| CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
15000 | |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11207000 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
178115217 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
22000 | |
| CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-11185000 | |
| CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1066000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1134000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
733000 | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-11328000 | |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-7349000 | |
| CY2015Q1 | mstx |
Purchase Of Certificate Of Deposits
PurchaseOfCertificateOfDeposits
|
5296000 | |
| CY2016Q1 | mstx |
Maturity Of Certificate Of Deposits
MaturityOfCertificateOfDeposits
|
4383000 | |
| CY2015Q1 | mstx |
Maturity Of Certificate Of Deposits
MaturityOfCertificateOfDeposits
|
4847000 | |
| CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5000 | |
| CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
70000 | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
4378000 | |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-519000 | |
| CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
8060000 | |
| CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
9000 | |
| CY2015Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
13000 | |
| CY2016Q1 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
2000 | |
| CY2015Q1 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
2000 | |
| CY2016Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
38000 | |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-6000 | |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
469000 | |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-7874000 | |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
35808000 | |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
27934000 | |
| CY2016Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<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;">11. Recent Accounting Pronouncements </p> <p style="margin-top:10pt;margin-bottom:0pt;margin-left:5.06%;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In March 2016, the <font style="color:#000000;">Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) </font>No. 2016-09, <font style="font-style:italic;">Compensation – Stock Compensation</font> (“ASU 2016-09”), which involves multiple aspects of the accounting for share-based transactions, including income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public companies, ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. <font style="color:#000000;">We are in the process of evaluating the impact of this new guidance. </font></p> <p style="margin-top:10pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In February 2016, the FASB issued ASU No. 2016-02, <font style="font-style:italic;">Leases (ASC 842) </font>(“ASU 2016-02”), ASU 2016-02 sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e., lessees and lessors). The new standard requires lessees to classify leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight line basis over the term of the lease, respectively. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. Accounting Standards Codification (“ASC”) 842 supersedes the previous leases standard, ASC 840 <font style="font-style:italic;">Leases</font>. The standard is effective on January 1, 2019, with early adoption permitted. We are in the process of evaluating the impact of this new guidance. </p> <p style="margin-top:10pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In November 2015, the FASB issued ASU No. 2015-17, <font style="font-style:italic;">Balance Sheet Classification of Deferred Taxes</font> (“ASU 2015-17”). Currently deferred taxes for each tax jurisdiction are presented as a net current asset or liability and net noncurrent asset or liability on the balance sheet. To simplify the presentation, the new guidance requires that all deferred tax assets and liabilities for each jurisdiction, along with any related valuation allowance, be classified as noncurrent on the balance sheet. The new guidance becomes effective for public business entities in fiscal years beginning after December 15, 2016. We elected to early adopt this new standard prospectively for the year ended December 31, 2015 and it did not have a material impact on our financial statements.</p> <p style="margin-top:10pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In August 2014, the FASB issued ASU No. 2014-15, <font style="font-style:italic;">Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern</font> (“ASU 2014-15”). The amendments in ASU 2014-15 will require management to assess, at each annual and interim reporting period, the entity’s ability to continue as a going concern and, if management identifies conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued, to disclose in the notes to the entity’s financial statements the principal conditions or events that raised substantial doubt about the entity’s ability to continue as a going concern, management’s evaluation of their significance, and management’s plans that alleviated or are intended to alleviate substantial doubt about the entity’s ability to continue as a going concern. ASU 2014-15 is effective for annual periods ending after December 15, 2016 and early application is permitted. The amendments in ASU 2014-15 do not have any application to an entity’s financial statements, but only to the related notes. </p></div> | |
| CY2016Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-bottom:0pt;margin-top:6pt;margin-left:4.53%;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in our consolidated financial statements and accompanying notes. On an ongoing basis, we evaluate our estimates and assumptions, including estimates related to R&D expenses, in-process research and development (“IPR&D”), goodwill, and share-based compensation expenses. We base our estimates on historical experience and various other relevant assumptions we believe to be reasonable under the circumstances. Actual results may differ from these estimates.</p></div> | |
| CY2016Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
24990267 | |
| CY2015Q4 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
17946000 | |
| CY2016Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
5000 | |
| CY2015 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-17000 | |
| CY2016Q1 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
40000 | |
| CY2016Q1 | mstx |
Accrued Research And Development Expenses
AccruedResearchAndDevelopmentExpenses
|
7355000 | |
| CY2015Q4 | mstx |
Accrued Research And Development Expenses
AccruedResearchAndDevelopmentExpenses
|
7898000 | |
| CY2016Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
438000 | |
| CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
254000 | |
| CY2016Q1 | us-gaap |
Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
|
The interest rate for the principal balance under the Loan Agreement is the greater of (i) 8.95% plus the prime rate as reported in The Wall Street Journal minus 3.25%, and (ii) 8.95%, determined on a daily basis. | |
| CY2015Q3 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0895 | |
| CY2015Q3 | us-gaap |
Debt Instrument Interest Rate Increase Decrease
DebtInstrumentInterestRateIncreaseDecrease
|
-0.0325 | |
| CY2015Q3 | us-gaap |
Debt Instrument Periodic Payment Terms Balloon Payment To Be Paid
DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
|
712500 | |
| CY2015 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-39400000 | |
| CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-32900000 | |
| CY2016Q1 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
37100000 | |
| CY2016Q1 | mstx |
Working Capital
WorkingCapital
|
15600000 | |
| CY2016Q1 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
11556000 | |
| CY2015Q3 | us-gaap |
Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
|
2200000 | |
| CY2015Q3 | mstx |
Percentage Of Available For Sale Securities Noncurrent
PercentageOfAvailableForSaleSecuritiesNoncurrent
|
0.17 | |
| CY2016Q1 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
13563000 | |
| CY2016Q1 | us-gaap |
Line Of Credit Facility Frequency Of Payment And Payment Terms
LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms
|
The interest rate for the principal balance under the Loan Agreement is the greater of (i) 8.95% plus the prime rate as reported in The Wall Street Journal minus 3.25%, and (ii) 8.95%, determined on a daily basis. Monthly payments under the Loan Agreement are interest only until July 1, 2016, followed by equal monthly payments of principal and interest through the scheduled maturity date of January 1, 2019. | |
| CY2016Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
659000 | |
| CY2015Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1066000 | |
| CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
22896728 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
7833059 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
526662 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
30203125 | |
| CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.78 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.42 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.18 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.68 | |
| CY2016Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
5900000 | |
| CY2016Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P3Y | |
| CY2016Q1 | us-gaap |
Interest Paid
InterestPaid
|
288000 | |
| CY2016Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
26000 | |
| CY2016Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
22000 | |
| CY2015Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
23000 | |
| CY2015Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2000 | |
| CY2015Q1 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
33000 | |
| CY2016Q1 | mstx |
Number Of Securities In Each Unit
NumberOfSecuritiesInEachUnit
|
1 | |
| CY2016Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
1 | |
| CY2016Q1 | mstx |
Proceeds From Issuance Of Common Stock And Warrants Net
ProceedsFromIssuanceOfCommonStockAndWarrantsNet
|
7300000 | |
| CY2016Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.42 | |
| CY2016Q1 | us-gaap |
Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
|
2016-08-17 | |
| CY2016Q1 | mstx |
Finance Costs Included In Accounts Payable And Accrued Liabilities
FinanceCostsIncludedInAccountsPayableAndAccruedLiabilities
|
167000 | |
| CY2015Q1 | mstx |
Finance Costs Included In Accounts Payable And Accrued Liabilities
FinanceCostsIncludedInAccountsPayableAndAccruedLiabilities
|
19000 | |
| CY2016Q1 | mstx |
Debt Issuance Costs Included In Accounts Payable And Accrued Liabilities
DebtIssuanceCostsIncludedInAccountsPayableAndAccruedLiabilities
|
10000 | |
| CY2016Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
8000000 | |
| CY2016Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
29090910 | |
| CY2016Q1 | mstx |
Description Of Fixed Combination Of Shares And Warrant Offered And Sold To Public
DescriptionOfFixedCombinationOfSharesAndWarrantOfferedAndSoldToPublic
|
each consisting of one share of our common stock and one warrant to purchase one share of our common stock. | |
| CY2016Q1 | mstx |
Class Of Warrant Or Rights Expiration Date
ClassOfWarrantOrRightsExpirationDate
|
2021-02-16 | |
| CY2016Q1 | mstx |
Weighted Average Sales Price
WeightedAverageSalesPrice
|
0.70 | |
| CY2016Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
17500000 | |
| CY2016Q1 | mstx |
Proceeds From Issuance Of Common Stock And Warrants Net
ProceedsFromIssuanceOfCommonStockAndWarrantsNet
|
16600000 | |
| CY2011Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
0.001 | |
| CY2015Q3 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
2272727 | |
| CY2015Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.275 | |
| CY2015Q3 | us-gaap |
Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
|
2020-08-11 | |
| CY2016Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
105178730 |
