2015 Q3 Form 10-Q Financial Statement
#000156459015009694 Filed on November 05, 2015
Income Statement
Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.780M | $210.0K | $360.0K |
YoY Change | 394.44% | ||
% of Gross Profit | |||
Research & Development | $2.508M | $140.0K | $790.0K |
YoY Change | 217.41% | ||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $4.288M | $350.0K | $1.150M |
YoY Change | 272.89% | ||
Operating Profit | -$4.288M | ||
YoY Change | |||
Interest Expense | -$10.31K | -$330.0K | -$25.04K |
YoY Change | -58.81% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$448.3K | $2.080M | $887.2K |
YoY Change | -150.53% | ||
Pretax Income | -$4.740M | $1.390M | -$260.0K |
YoY Change | 1723.08% | ||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$4.737M | $1.390M | -$261.8K |
YoY Change | 1709.22% | ||
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$529.6K | $157.2K | -$30.06K |
COMMON SHARES | |||
Basic Shares Outstanding | 9.783M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $17.50M | $800.0K | |
YoY Change | 300.0% | ||
Cash & Equivalents | $2.140M | $755.9K | $794.4K |
Short-Term Investments | $15.30M | ||
Other Short-Term Assets | $1.400M | $0.00 | |
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $18.93M | $773.7K | |
YoY Change | 286.84% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $80.00K | $775.00 | |
YoY Change | |||
Total Long-Term Assets | $80.00K | $2.269M | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $18.93M | $773.7K | |
Total Long-Term Assets | $80.00K | $2.269M | |
Total Assets | $19.01M | $3.043M | |
YoY Change | 1421.57% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $401.7K | $1.831M | |
YoY Change | 1730.72% | ||
Accrued Expenses | $1.300M | $20.30M | |
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $1.900M | $300.0K | |
YoY Change | |||
Total Short-Term Liabilities | $5.723M | $22.52M | |
YoY Change | 22417.08% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $1.300M | |
YoY Change | 550.0% | ||
Other Long-Term Liabilities | $0.00 | $1.400M | |
YoY Change | 1300.0% | ||
Total Long-Term Liabilities | $19.15K | $2.655M | |
YoY Change | 784.86% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.723M | $22.52M | |
Total Long-Term Liabilities | $19.15K | $2.655M | |
Total Liabilities | $5.742M | $25.17M | |
YoY Change | 6192.92% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$40.45M | -$22.14M | |
YoY Change | |||
Common Stock | $53.73M | $12.93K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $13.27M | -$22.13M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $19.01M | $3.043M | |
YoY Change | 1421.57% |
Cashflow Statement
Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.737M | $1.390M | -$261.8K |
YoY Change | 1709.22% | ||
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$3.400M | -$440.0K | -$610.0K |
YoY Change | 457.38% | 528.57% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$3.260M | ||
YoY Change | |||
Cash From Investing Activities | -$3.260M | ||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -710.0K | 400.0K | 520.0K |
YoY Change | -236.54% | 900.0% | |
NET CHANGE | |||
Cash From Operating Activities | -3.400M | -440.0K | -610.0K |
Cash From Investing Activities | -3.260M | ||
Cash From Financing Activities | -710.0K | 400.0K | 520.0K |
Net Change In Cash | -7.370M | -40.00K | -90.00K |
YoY Change | 8088.89% | 33.33% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.400M | -$440.0K | -$610.0K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
773684 | |
CY2015Q3 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
19149 | |
CY2015Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
19149 | |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
25171665 | |
CY2015Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1442629 | |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
17827 | |
CY2015Q3 | us-gaap |
Assets Current
AssetsCurrent
|
18932251 | |
CY2014Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
2268675 | |
CY2015Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
80000 | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
775 | |
CY2015Q3 | us-gaap |
Assets
Assets
|
19012251 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
3043134 | |
CY2015Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
401672 | |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1830724 | |
CY2014Q4 | vktx |
Accrued License Fees Current
AccruedLicenseFeesCurrent
|
19865863 | |
CY2015Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1103432 | |
us-gaap |
Revenues
Revenues
|
0 | ||
us-gaap |
Revenues
Revenues
|
0 | ||
CY2015Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2507553 | |
CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1780668 | |
CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
4288221 | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4288221 | |
CY2014Q3 | vktx |
Change In Fair Value Of Accrued License Fees
ChangeInFairValueOfAccruedLicenseFees
|
695251 | |
vktx |
Change In Fair Value Of Accrued License Fees
ChangeInFairValueOfAccruedLicenseFees
|
-9381848 | ||
vktx |
Change In Fair Value Of Accrued License Fees
ChangeInFairValueOfAccruedLicenseFees
|
-264112 | ||
CY2015Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
152361 | |
CY2014Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
304274 | |
CY2015Q3 | vktx |
Debt Conversion Feature Liability Current
DebtConversionFeatureLiabilityCurrent
|
2154062 | |
CY2014Q4 | vktx |
Debt Conversion Feature Liability Current
DebtConversionFeatureLiabilityCurrent
|
58742 | |
CY2015Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5722551 | |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
22517082 | |
CY2014Q4 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
1264114 | |
CY2014Q4 | vktx |
Debt Conversion Feature Liability Noncurrent
DebtConversionFeatureLiabilityNoncurrent
|
1390469 | |
CY2014Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2654583 | |
CY2015Q3 | us-gaap |
Liabilities
Liabilities
|
5741700 | |
CY2015Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
98 | |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
60 | |
CY2015Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
53729783 | |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
12866 | |
CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-40454482 | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22141457 | |
CY2015Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-4848 | |
CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13270551 | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-22128531 | |
CY2015Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
19012251 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3043134 | |
CY2015Q3 | vktx |
Convertible Notes Payable Discount Current
ConvertibleNotesPayableDiscountCurrent
|
588976 | |
CY2014Q4 | vktx |
Convertible Notes Payable Discount Current
ConvertibleNotesPayableDiscountCurrent
|
6076 | |
CY2015Q3 | vktx |
Convertible Notes Payable Discount Noncurrent
ConvertibleNotesPayableDiscountNoncurrent
|
0 | |
CY2014Q4 | vktx |
Convertible Notes Payable Discount Noncurrent
ConvertibleNotesPayableDiscountNoncurrent
|
1235886 | |
CY2015Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2015Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | |
CY2015Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9783312 | |
CY2015Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9783312 | |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
0 | |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
0 | |
vktx |
Change In Fair Value Of Debt Conversion Features
ChangeInFairValueOfDebtConversionFeatures
|
-826637 | ||
vktx |
Change In Fair Value Of Debt Conversion Features
ChangeInFairValueOfDebtConversionFeatures
|
405782 | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
652986 | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
263651 | ||
CY2015Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-10312 | |
CY2014Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-25037 | |
CY2015Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-448323 | |
CY2014Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
887248 | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4736544 | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-261801 | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
2733798 | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
234745 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
418412 | ||
us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
-38 | ||
us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
-2 | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
2000000 | ||
us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
2152 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
22242404 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
1765253 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1384258 | ||
CY2015Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
7613 | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-4848 | ||
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4728931 | |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-261801 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-18317873 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-23273530 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.53 | |
CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.69 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-5.84 | ||
CY2015Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
8947480 | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4518439 | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6802169 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
3982147 | ||
us-gaap |
Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
|
67692 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2074004 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5355 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1504027 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
16781 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
137286 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
84727 | ||
vktx |
Increase Decrease In Accrued License Fees
IncreaseDecreaseInAccruedLicenseFees
|
21687576 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1244495 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
240215 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-5432104 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-1150457 | ||
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
16033042 | ||
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
607000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-15426042 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
25392500 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
614796 | ||
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
179619 | |
CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
794415 | |
vktx |
Stock Issued In Lieu Of License Fee
StockIssuedInLieuOfLicenseFee
|
29247711 | ||
CY2014Q3 | vktx |
Unpaid Deferred Initial Public Offering Costs
UnpaidDeferredInitialPublicOfferingCosts
|
1895950 | |
vktx |
Conversion Of Notes Payable
ConversionOfNotesPayable
|
456412 | ||
vktx |
Issuance Of Common Stock To Consultant
IssuanceOfCommonStockToConsultant
|
28760 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;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 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> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments, which potentially subject the Company to concentration of credit risk, consist primarily of cash and cash equivalents and marketable securities. The Company maintains deposits in federally insured depository institutions in excess of federally insured limits. Management believes that the Company is not exposed to significant credit risk due to the financial position of the depository institutions in which those deposits are held. Additionally, the Company has established guidelines regarding approved investments and maturities of investments, which are designed to maintain safety and liquidity.</p></div> | ||
dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2012-09-24 | ||
dei |
Entity Incorporation State Country Name
EntityIncorporationStateCountryName
|
Delaware | ||
us-gaap |
Additional Cash And Cash Equivalent Related Text
AdditionalCashAndCashEquivalentRelatedText
|
Three months or less | ||
vktx |
Offering Costs Recorded As Reduction Of Proceeds Received
OfferingCostsRecordedAsReductionOfProceedsReceived
|
3066136 | ||
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
9783312 | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
6000000 | |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
8120639 | ||
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
5813187 | ||
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
835832 | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
1481561 | |
us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
1318470 | ||
us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
1831040 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2012697 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2295833 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | ||
CY2014Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
0 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
16623402 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
975 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
5823 | |
CY2015Q3 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
16618554 | |
CY2015Q3 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
|
12 | |
CY2015Q3 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
0 | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
0 | ||
CY2015Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
16618554 | |
CY2015Q3 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
2154062 | |
CY2014Q4 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
21315074 | |
CY2014Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Common Stock Reserved For Future Issuance
DeferredCompensationArrangementWithIndividualCommonStockReservedForFutureIssuance
|
1000000 | |
CY2014Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Exercise Price
DeferredCompensationArrangementWithIndividualExercisePrice
|
0.01 | |
CY2014Q1 | vktx |
Number Of Tranches
NumberOfTranches
|
2 | |
CY2014Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
168000 | |
CY2015Q2 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
633810 | |
CY2015Q2 | vktx |
Shares Repurchase Price Per Share
SharesRepurchasePricePerShare
|
0.00001 | |
CY2015Q2 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
366190 | |
CY2015Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
61566 | |
CY2015Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | |
vktx |
Anniversary Closing Date Of Initial Public Offering
AnniversaryClosingDateOfInitialPublicOffering
|
2016-05-04 | ||
CY2015Q2 | us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
282 | |
CY2015Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
601593 | |
CY2014Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
904 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2074004 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5355 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
443894 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
33750 | ||
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
410144 | |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
51500 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
8.49 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
9.49 | ||
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.41 | |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
9.49 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y7M28D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P9Y7M6D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
6.25 | ||
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | |
CY2015Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | |
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
84000 | ||
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.852 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y5M27D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0181 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | ||
us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
282 | ||
CY2015Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
0 | |
CY2015Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
10.00 | |
vktx |
Description Of Warrant
DescriptionOfWarrant
|
The warrant is exercisable for cash or on a cashless basis at a per share exercise price equal to $10.00 commencing on April 28, 2016, one year following the date of the prospectus filed with the SEC relating to the IPO, and expiring on April 28, 2020. The representative (or permitted assignees) agreed not to sell, transfer, assign, pledge or hypothecate the warrant or the shares of common stock underlying the warrant, or to engage in any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of the warrant or the underlying shares of common stock until October 25, 2015. In addition, the warrant provides for registration rights upon request, under certain circumstances. The piggyback registration right provided in connection with the warrant will terminate on April 28, 2022. | ||
vktx |
Warrant Expiration Date
WarrantExpirationDate
|
2022-04-28 | ||
vktx |
Initial Public Offering Expiration Date
InitialPublicOfferingExpirationDate
|
2020-04-28 | ||
CY2015Q3 | vktx |
Sublease Area
SubleaseArea
|
7049 | |
CY2015Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
39474 | |
CY2015Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
199740 | |
CY2015Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
247611 | |
CY2015Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
190337 | |
CY2015Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
677162 |