2016 Q4 Form 10-K Financial Statement
#000156459017002317 Filed on February 24, 2017
Income Statement
Concept | 2016 Q4 | 2015 Q4 | 2015 Q3 |
---|---|---|---|
Revenue | $38.00K | $226.0K | $133.0K |
YoY Change | -83.19% | -75.8% | -66.75% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.250M | $2.370M | $2.420M |
YoY Change | -5.06% | 10.75% | 52.2% |
% of Gross Profit | |||
Research & Development | $11.10M | $8.950M | $6.574M |
YoY Change | 24.02% | 63.92% | 62.84% |
% of Gross Profit | |||
Depreciation & Amortization | $50.00K | $140.0K | $110.0K |
YoY Change | -64.29% | -22.22% | -52.17% |
% of Gross Profit | |||
Operating Expenses | $13.35M | $11.32M | $9.574M |
YoY Change | 17.93% | 48.95% | 61.72% |
Operating Profit | -$13.31M | -$11.09M | -$9.441M |
YoY Change | 20.05% | 66.32% | 71.03% |
Interest Expense | -$370.0K | $20.00K | $4.000K |
YoY Change | -1950.0% | -105.0% | -112.12% |
% of Operating Profit | |||
Other Income/Expense, Net | -$20.00K | $10.00K | -$1.000K |
YoY Change | -300.0% | -101.54% | -96.0% |
Pretax Income | -$13.71M | -$11.06M | -$9.822M |
YoY Change | 23.96% | 43.26% | 67.33% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$4.050M | -$3.169M | -$4.103M |
YoY Change | 27.8% | -58.92% | -30.1% |
Net Earnings / Revenue | -10657.89% | -1402.21% | -3084.96% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$418.0K | -$345.3K | -$493.4K |
COMMON SHARES | |||
Basic Shares Outstanding | |||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q4 | 2015 Q4 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $51.50M | $88.00M | $97.00M |
YoY Change | -41.48% | 6185.71% | |
Cash & Equivalents | $51.51M | $88.00M | $97.01M |
Short-Term Investments | |||
Other Short-Term Assets | $600.0K | $1.100M | $800.0K |
YoY Change | -45.45% | 450.0% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | $0.00 | $69.00K | $0.00 |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $52.12M | $89.19M | $97.81M |
YoY Change | -41.56% | 5436.06% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $444.0K | $624.0K | $669.0K |
YoY Change | -28.85% | -83.48% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.934M | $1.722M | $1.669M |
YoY Change | 12.31% | 1465.45% | |
Total Long-Term Assets | $2.378M | $2.346M | $2.386M |
YoY Change | 1.36% | -79.31% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $52.12M | $89.19M | $97.81M |
Total Long-Term Assets | $2.378M | $2.346M | $2.386M |
Total Assets | $54.50M | $91.53M | $100.2M |
YoY Change | -40.46% | 606.76% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.060M | $3.262M | $5.800M |
YoY Change | -6.19% | 59.75% | |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $11.43M | $7.726M | $6.076M |
YoY Change | 47.99% | 12.56% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $11.10M | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $433.0K | $245.0K | $53.00K |
YoY Change | 76.73% | -94.47% | |
Total Long-Term Liabilities | $433.0K | $245.0K | $53.00K |
YoY Change | 76.73% | -96.26% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $11.43M | $7.726M | $6.076M |
Total Long-Term Liabilities | $433.0K | $245.0K | $53.00K |
Total Liabilities | $22.93M | $7.971M | $6.129M |
YoY Change | 187.61% | -89.18% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$215.5M | -$196.0M | -$211.6M |
YoY Change | 9.95% | ||
Common Stock | $124.2M | $117.7M | $117.1M |
YoY Change | 5.55% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$90.95M | -$77.97M | -$94.19M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $54.50M | $91.53M | $100.2M |
YoY Change | -40.46% | 606.76% |
Cashflow Statement
Concept | 2016 Q4 | 2015 Q4 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.050M | -$3.169M | -$4.103M |
YoY Change | 27.8% | -58.92% | -30.1% |
Depreciation, Depletion And Amortization | $50.00K | $140.0K | $110.0K |
YoY Change | -64.29% | -22.22% | -52.17% |
Cash From Operating Activities | -$11.43M | -$8.970M | -$9.830M |
YoY Change | 27.42% | 28.51% | 76.8% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$60.00K | -$10.00K |
YoY Change | -100.0% | -700.0% | 0.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $30.00K | |
YoY Change | -100.0% | -84.21% | |
Cash From Investing Activities | $0.00 | -$40.00K | -$10.00K |
YoY Change | -100.0% | -120.0% | 0.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 11.87M | 0.000 | 104.4M |
YoY Change | -100.0% | 2005.65% | |
NET CHANGE | |||
Cash From Operating Activities | -11.43M | -8.970M | -9.830M |
Cash From Investing Activities | 0.000 | -40.00K | -10.00K |
Cash From Financing Activities | 11.87M | 0.000 | 104.4M |
Net Change In Cash | 440.0K | -9.010M | 94.60M |
YoY Change | -104.88% | -2750.0% | -15608.2% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$11.43M | -$8.970M | -$9.830M |
Capital Expenditures | $0.00 | -$60.00K | -$10.00K |
Free Cash Flow | -$11.43M | -$8.910M | -$9.820M |
YoY Change | 28.28% | 27.47% | 76.94% |
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-871000 | |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-48209000 | |
CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-36946000 | |
CY2016 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
4000 | |
CY2015 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
25000 | |
CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-83000 | |
CY2014 | vtvt |
Expenses Paid For Disposal Of Subsidiary To Related Party
ExpensesPaidForDisposalOfSubsidiaryToRelatedParty
|
140000 | |
CY2016 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
87000 | |
CY2015 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
105773000 | |
CY2016 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
12500000 | |
CY2014 | vtvt |
Payments For Repurchase Of Common Stock By Related Party
PaymentsForRepurchaseOfCommonStockByRelatedParty
|
2500000 | |
CY2016 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
673000 | |
CY2015 | vtvt |
Payment Of Offering Cost Related Party
PaymentOfOfferingCostRelatedParty
|
1329000 | |
CY2015 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
19289000 | |
CY2014 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
148000 | |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
30913000 | |
CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
295000 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1384000 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1089000 | |
CY2016 | us-gaap |
Interest Paid
InterestPaid
|
242000 | |
CY2015 | us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
2747000 | |
CY2016 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
3164000 | |
CY2015 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
12461000 | |
CY2016 | vtvt |
Issuance Of Warrants To Purchase Of Common Stock
IssuanceOfWarrantsToPurchaseOfCommonStock
|
923000 | |
CY2014 | vtvt |
Repurchase Of Common Stock Preferred Stock And Warrants In Exchange Of Related Party Debt
RepurchaseOfCommonStockPreferredStockAndWarrantsInExchangeOfRelatedPartyDebt
|
40351000 | |
CY2014 | vtvt |
Deemed Contribution From Related Party In Extinguishment Of Debt
DeemedContributionFromRelatedPartyInExtinguishmentOfDebt
|
18733000 | |
CY2014 | vtvt |
Issuance Of Redeemable Preferred Units In Exchange Of Related Party Debt
IssuanceOfRedeemablePreferredUnitsInExchangeOfRelatedPartyDebt
|
74000000 | |
CY2016 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On an ongoing basis, the Company evaluates its estimates, including those related to the grant date fair value of equity awards, the fair value of warrants to purchase shares of its Class A Common Stock, the fair value of the Class B Common Stock, the useful lives of property and equipment, the fair value of the Company’s membership units, the fair value of redeemable preferred units, and the fair value of the Company’s debt, among others. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable, the results of which form the basis for making judgments about the carrying value of assets and liabilities.</p></div> | |
CY2016 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Financial instruments that potentially expose the Company to concentrations of credit risk consist principally of cash on deposit with multiple financial institutions. The balances of these cash accounts frequently exceed insured limits.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">There were no accounts receivable at December 31, 2016 and the balance of accounts receivable at December 31, 2015 was not significant.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Two customers represented 100% of the revenue earned during the years ended December 31, 2016 and 2015. Three customers represented 98% of the revenue during the year ended December 31, 2014.</p></div> | |
CY2014 | vtvt |
Income Tax Reconciliation Partnership Income Federal Not Subject To Tax
IncomeTaxReconciliationPartnershipIncomeFederalNotSubjectToTax
|
12635000 | |
CY2016Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
0 | |
CY2015 | vtvt |
Number Of Properties Sold
NumberOfPropertiesSold
|
1 | |
CY2016Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
0 | |
CY2015Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
0 | |
CY2016 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | |
CY2016 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | |
CY2016 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P10Y | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P10Y | |
CY2016 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2641000 | |
CY2015 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
859000 | |
CY2016 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
0 | |
CY2015 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
0 | |
CY2016Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
4300000 | |
CY2016 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y8M12D | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.05 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
8.15 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
0 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
971934 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
131500 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
7333 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1096101 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
349273 | |
CY2016 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P8Y8M12D | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
1059523 | |
CY2016 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P8Y9M18D | |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
11.31 | |
CY2016 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
5.80 | |
CY2016 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
7.65 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
10.68 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
11.09 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
10.74 | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
10898000 | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11712000 | |
CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
10454000 | |
CY2015Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
11088000 | |
CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3060000 | |
CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3262000 | |
CY2016Q4 | vtvt |
Accrued Development Costs Current
AccruedDevelopmentCostsCurrent
|
6305000 | |
CY2015Q4 | vtvt |
Accrued Development Costs Current
AccruedDevelopmentCostsCurrent
|
1912000 | |
CY2016Q4 | vtvt |
Accrued Payroll Costs Current
AccruedPayrollCostsCurrent
|
1468000 | |
CY2015Q4 | vtvt |
Accrued Payroll Costs Current
AccruedPayrollCostsCurrent
|
1040000 | |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
580000 | |
CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
413000 | |
CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
12500000 | |
CY2016Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
1442000 | |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
11058000 | |
CY2016Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
3646000 | |
CY2016Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
6250000 | |
CY2016Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
2604000 | |
CY2016 | us-gaap |
Description Of Lessee Leasing Arrangements Operating Leases
DescriptionOfLesseeLeasingArrangementsOperatingLeases
|
operating leases expiring at various dates through 2019 | |
CY2016Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
200000 | |
CY2015Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
200000 | |
CY2015Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | |
CY2015Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016 | us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
Holders of Class A Common Stock and Class B Common Stock will be entitled to one vote for each share held on all matters submitted to stockholders for their vote or approval. | |
CY2016Q4 | vtvt |
Redeemable Noncontrolling Interest Temporary Equity Redemption Value
RedeemableNoncontrollingInterestTemporaryEquityRedemptionValue
|
122500000 | |
CY2015Q4 | vtvt |
Redeemable Noncontrolling Interest Temporary Equity Redemption Value
RedeemableNoncontrollingInterestTemporaryEquityRedemptionValue
|
161500000 | |
CY2016 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.50 | |
CY2016 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
0.06 | |
CY2016 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
200000 | |
CY2015 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
100000 | |
CY2014 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
200000 | |
CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2015 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2014 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2016 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-19374000 | |
CY2015 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-14387000 | |
CY2014 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-12635000 | |
CY2016 | vtvt |
Income Tax Reconciliation Partnership Income Federal Not Subject To Tax
IncomeTaxReconciliationPartnershipIncomeFederalNotSubjectToTax
|
13651000 | |
CY2015 | vtvt |
Income Tax Reconciliation Partnership Income Federal Not Subject To Tax
IncomeTaxReconciliationPartnershipIncomeFederalNotSubjectToTax
|
12502000 | |
CY2016 | vtvt |
Income Tax Reconciliation Losses With No Benefit
IncomeTaxReconciliationLossesWithNoBenefit
|
5723000 | |
CY2015 | vtvt |
Income Tax Reconciliation Losses With No Benefit
IncomeTaxReconciliationLossesWithNoBenefit
|
1885000 | |
CY2016 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | |
CY2015 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | |
CY2014 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
8189000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2543000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
3000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
44000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
|
1844000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
|
1476000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
10036000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
4063000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
10036000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4063000 | |
CY2016 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
6000000 | |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2016Q4 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
0 | |
CY2016 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
24367927 | |
CY2015 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
24627748 | |
CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
376000 | |
CY2016Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
182000 | |
CY2016Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
38000 | |
CY2016Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
38000 | |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13540000 | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-14639000 | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13528000 | |
CY2016Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13313000 | |
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-13520000 | |
CY2016Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-14617000 | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-13505000 | |
CY2016Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-13711000 | |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3852000 | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4457000 | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3993000 | |
CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4050000 | |
CY2015Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
50000 | |
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
110000 | |
CY2015Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
133000 | |
CY2015Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
226000 | |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9721000 | |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7889000 | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9441000 | |
CY2015Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-11090000 | |
CY2015Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-9813000 | |
CY2015Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-10412000 | |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-9822000 | |
CY2015Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-11059000 | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9813000 | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10412000 | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4103000 | |
CY2015Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3169000 | |
CY2016 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
|
0 | |
CY2015 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
|
0 | |
CY2014 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
|
0 | |
CY2016Q4 | us-gaap |
Fair Value Equity Level1 To Level2 Transfers Amount
FairValueEquityLevel1ToLevel2TransfersAmount
|
0 | |
CY2015Q4 | us-gaap |
Fair Value Equity Level1 To Level2 Transfers Amount
FairValueEquityLevel1ToLevel2TransfersAmount
|
0 | |
CY2014Q4 | us-gaap |
Fair Value Equity Level1 To Level2 Transfers Amount
FairValueEquityLevel1ToLevel2TransfersAmount
|
0 |