2015 Q2 Form 10-Q Financial Statement
#000119312515220837 Filed on June 12, 2015
Income Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.530M | $320.0K | $160.0K |
YoY Change | 200.0% | 100.0% | |
% of Gross Profit | |||
Research & Development | $1.101M | $139.0K | $50.00K |
YoY Change | -94.82% | 177.94% | |
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $2.627M | $461.0K | $209.7K |
YoY Change | -87.93% | 119.82% | |
Operating Profit | -$2.627M | -$461.0K | -$209.7K |
YoY Change | -87.93% | 119.82% | |
Interest Expense | -$29.81K | $35.25K | $2.576K |
YoY Change | 213.24% | 1268.52% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$5.238M | -$5.250M | -$19.20K |
YoY Change | 409.97% | 27240.01% | |
Pretax Income | -$7.870M | -$5.710M | -$230.0K |
YoY Change | -65.45% | 2382.61% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$7.865M | -$5.711M | -$228.9K |
YoY Change | -65.48% | 2394.71% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.074M | -$1.403M | -$26.59K |
COMMON SHARES | |||
Basic Shares Outstanding | 9.783M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $21.70M | $300.0K | $100.0K |
YoY Change | 2311.11% | 200.0% | |
Cash & Equivalents | $9.497M | $327.0K | $78.85K |
Short-Term Investments | $12.20M | ||
Other Short-Term Assets | $600.0K | $0.00 | $0.00 |
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $22.27M | $360.4K | $100.0K |
YoY Change | 2374.41% | 260.4% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $775.00 | $200.0K |
YoY Change | -100.0% | -99.61% | |
Total Long-Term Assets | $0.00 | $2.409M | $200.0K |
YoY Change | -100.0% | 1104.46% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $22.27M | $360.4K | $100.0K |
Total Long-Term Assets | $0.00 | $2.409M | $200.0K |
Total Assets | $22.27M | $2.769M | $300.0K |
YoY Change | 1013.48% | 823.11% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.008M | $1.879M | $400.0K |
YoY Change | -27.98% | 369.85% | |
Accrued Expenses | $200.0K | $25.50M | $0.00 |
YoY Change | -99.1% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.700M | $300.0K | $0.00 |
YoY Change | 466.67% | ||
Total Short-Term Liabilities | $4.876M | $27.71M | $400.0K |
YoY Change | -79.68% | 6827.17% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $1.400M | $200.0K |
YoY Change | -100.0% | 600.0% | |
Other Long-Term Liabilities | $0.00 | $1.500M | $100.0K |
YoY Change | -100.0% | 1400.0% | |
Total Long-Term Liabilities | $0.00 | $2.900M | $300.0K |
YoY Change | -100.0% | 866.56% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.876M | $27.71M | $400.0K |
Total Long-Term Liabilities | $0.00 | $2.900M | $300.0K |
Total Liabilities | $4.876M | $30.61M | $800.0K |
YoY Change | -80.73% | 3726.05% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$35.72M | -$27.85M | |
YoY Change | |||
Common Stock | $29.25M | $13.83K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $17.39M | -$27.84M | -$500.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.27M | $2.769M | $300.0K |
YoY Change | 1013.48% | 823.11% |
Cashflow Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$7.865M | -$5.711M | -$228.9K |
YoY Change | -65.48% | 2394.71% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$1.620M | -$410.0K | -$100.0K |
YoY Change | 268.18% | 310.0% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$12.17M | ||
YoY Change | |||
Cash From Investing Activities | -$12.17M | ||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $2.00 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 22.97M | -20.00K | 0.000 |
YoY Change | 1737.6% | ||
NET CHANGE | |||
Cash From Operating Activities | -1.620M | -410.0K | -100.0K |
Cash From Investing Activities | -12.17M | ||
Cash From Financing Activities | 22.97M | -20.00K | 0.000 |
Net Change In Cash | 9.180M | -430.0K | -100.0K |
YoY Change | 1033.33% | 330.0% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.620M | -$410.0K | -$100.0K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
168000 | |
CY2014Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Common Stock Reserved For Future Issuance
DeferredCompensationArrangementWithIndividualCommonStockReservedForFutureIssuance
|
1000000 | shares |
CY2015Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
9783312 | shares |
CY2014Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
174127 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
78849 | |
CY2015Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
25000000 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
6000000 | shares |
CY2015Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2015Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
6000000 | shares |
CY2015Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2899669 | |
CY2015Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
13769 | |
CY2015Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
517892 | |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-27839043 | |
CY2015Q1 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
1429993 | |
CY2015Q1 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
310350 | |
CY2015Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1879414 | |
CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-27852872 | |
CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
30608365 | |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2769322 | |
CY2015Q1 | us-gaap |
Common Stock Value
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|
60 | |
CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
27708696 | |
CY2015Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
112475 | |
CY2015Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
775 | |
CY2015Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
170367 | |
CY2015Q1 | us-gaap |
Assets
Assets
|
2769322 | |
CY2015Q1 | us-gaap |
Assets Current
AssetsCurrent
|
360398 | |
CY2015Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | |
CY2015Q1 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
2408149 | |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
33391 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
327007 | |
CY2015Q1 | vktx |
Accrued License Fees Current
AccruedLicenseFeesCurrent
|
24826374 | |
CY2015Q1 | vktx |
Convertible Notes Payable Discount Noncurrent
ConvertibleNotesPayableDiscountNoncurrent
|
1070007 | |
CY2015Q1 | vktx |
Debt Conversion Feature Liability Current
DebtConversionFeatureLiabilityCurrent
|
62191 | |
CY2015Q1 | vktx |
Debt Conversion Feature Liability Noncurrent
DebtConversionFeatureLiabilityNoncurrent
|
1469676 | |
CY2015Q1 | vktx |
Convertible Notes Payable Discount Current
ConvertibleNotesPayableDiscountCurrent
|
0 | |
CY2015Q1 | vktx |
Amount Payable To Licensor To Exercise Option
AmountPayableToLicensorToExerciseOption
|
1000000 | |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
179619 | |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
25000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
6000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
6000000 | shares |
CY2014Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2654583 | |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
12866 | |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
380257 | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-22128531 | |
CY2014Q4 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
1264114 | |
CY2014Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
304274 | |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1830724 | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22141457 | |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
25171665 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
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|
3043134 | |
CY2014Q4 | us-gaap |
Common Stock Value
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|
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Commitments And Contingencies
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|
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Liabilities Current
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|
22517082 | |
CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
77222 | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
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|
775 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
3043134 | |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
773684 | |
CY2014Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
2268675 | |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
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|
17827 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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|
755857 | |
CY2014Q4 | vktx |
Accrued License Fees Current
AccruedLicenseFeesCurrent
|
19865863 | |
CY2014Q4 | vktx |
Convertible Notes Payable Discount Noncurrent
ConvertibleNotesPayableDiscountNoncurrent
|
1235886 | |
CY2014Q4 | vktx |
Debt Conversion Feature Liability Current
DebtConversionFeatureLiabilityCurrent
|
58742 | |
CY2014Q4 | vktx |
Debt Conversion Feature Liability Noncurrent
DebtConversionFeatureLiabilityNoncurrent
|
1390469 | |
CY2014Q4 | vktx |
Convertible Notes Payable Discount Current
ConvertibleNotesPayableDiscountCurrent
|
6076 | |
CY2014Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Exercise Price
DeferredCompensationArrangementWithIndividualExercisePrice
|
0.01 | |
CY2014Q1 | vktx |
Number Of Tranches
NumberOfTranches
|
2 | Tranche |
CY2014Q1 | vktx |
Payment For Option To Extend License Agreement
PaymentForOptionToExtendLicenseAgreement
|
50000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-100768 | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
2675000 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
5433333 | shares |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2758333 | shares |
CY2014Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P11M5D | |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-228941 | |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
0 | |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
7500 | |
CY2014Q1 | us-gaap |
Payments For Repurchase Of Common Stock
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|
2 | |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-209737 | |
CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-19204 | |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
904 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
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|
-100770 | |
CY2014Q1 | us-gaap |
Operating Expenses
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|
209737 | |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
2576 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-2 | |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
50000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2576 | |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
159737 | |
CY2014Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
6379 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
115565 | |
CY2014Q1 | vktx |
Deferred Offering Costs Included In Accounts Payable And Accrued Expenses
DeferredOfferingCostsIncludedInAccountsPayableAndAccruedExpenses
|
189593 | |
CY2014Q1 | vktx |
Change In Fair Value Of Debt Conversion Feature
ChangeInFairValueOfDebtConversionFeature
|
10249 | |
CY2014Q1 | vktx |
Change In Fair Value Of Debt Conversion Features
ChangeInFairValueOfDebtConversionFeatures
|
10249 | |
CY2014Q1 | vktx |
Non Cash Repurchase Of Common Stock
NonCashRepurchaseOfCommonStock
|
-1998 | |
CY2015Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2015Q1 | us-gaap |
Fair Value Option Methodology And Assumptions
FairValueOptionMethodologyAndAssumptions
|
There have been no changes in the methodologies used at March 31, 2015 or March 31, 2014. | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-410941 | |
CY2015Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | Segment |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
1926391 | shares |
CY2015Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | |
CY2015Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
6000000 | shares |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.40 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
0 | shares |
CY2015Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2015Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001607678 | |
CY2015Q1 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2012-09-24 | |
CY2015Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2015Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <i>Concentration of Credit Risk</i></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Financial instruments that potentially subject the Company to a concentration of credit risk principally consist of cash. The Company maintains its cash balances at what it believes are high credit-quality financial institutions. At times, balances at a single financial institution may exceed federally insured limits of $250,000.</p> </div> | |
CY2015Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2015Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Viking Therapeutics, Inc. | |
CY2015Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-03-31 | |
CY2015Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Use of Estimates</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the accompanying financial statements. Significant estimates made in preparing these financial statements relate to determining the fair value of the debt conversion feature liability and accounting for certain commitments. Actual results could differ from those estimates.</p> </div> | |
CY2015Q1 | dei |
Trading Symbol
TradingSymbol
|
VKTX | |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4073609 | shares |
CY2015Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y4M6D | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5711415 | |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
0 | |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
15564 | |
CY2015Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
17909 | |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-461040 | |
CY2015Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-5250375 | |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
903 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-428850 | |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
461040 | |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
35253 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-17909 | |
CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
138969 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
62707 | |
CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
322071 | |
CY2015Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
171955 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
37306 | |
CY2015Q1 | vktx |
Change In Fair Value Of Debt Conversion Features
ChangeInFairValueOfDebtConversionFeatures
|
82656 | |
CY2015Q1 | vktx |
Anniversary Closing Date Of Initial Public Offering
AnniversaryClosingDateOfInitialPublicOffering
|
2016-05-04 | |
CY2015Q1 | vktx |
Net Proceeds From Issuance Of Capital Stock
NetProceedsFromIssuanceOfCapitalStock
|
5000000 | |
CY2015Q1 | vktx |
Deferred Offering Costs Included In Accounts Payable And Accrued Expenses
DeferredOfferingCostsIncludedInAccountsPayableAndAccruedExpenses
|
2057903 | |
CY2015Q1 | vktx |
Change In Fair Value Of Accrued License Fees
ChangeInFairValueOfAccruedLicenseFees
|
4960511 | |
CY2015Q1 | vktx |
Change In Fair Value Of Debt Conversion Feature
ChangeInFairValueOfDebtConversionFeature
|
82656 |