2017 Q1 Form 10-K Financial Statement
#000156459017004649 Filed on March 16, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q4 | 2015 Q4 |
---|---|---|---|
Revenue | $676.0K | $676.0K | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $5.850M | $5.190M | $3.750M |
YoY Change | 81.68% | 38.4% | 253.77% |
% of Gross Profit | |||
Research & Development | $14.74M | $14.00M | $3.470M |
YoY Change | 211.23% | 303.46% | 381.94% |
% of Gross Profit | |||
Depreciation & Amortization | $315.0K | $250.0K | $130.0K |
YoY Change | 105.88% | 92.31% | 62.5% |
% of Gross Profit | |||
Operating Expenses | $20.59M | $19.18M | $7.214M |
YoY Change | 158.93% | 165.87% | 305.28% |
Operating Profit | -$20.21M | -$18.50M | -$7.214M |
YoY Change | 154.11% | 156.5% | |
Interest Expense | $3.000K | $260.0K | |
YoY Change | -97.12% | ||
% of Operating Profit | |||
Other Income/Expense, Net | $221.0K | -$20.00K | -$20.00K |
YoY Change | 121.0% | 0.0% | -200.0% |
Pretax Income | -$19.99M | -$18.27M | -$7.240M |
YoY Change | 154.53% | 152.35% | 311.36% |
Income Tax | $1.110M | $190.0K | -$140.0K |
% Of Pretax Income | |||
Net Earnings | -$21.10M | -$18.45M | -$7.099M |
YoY Change | 168.84% | 159.95% | 305.89% |
Net Earnings / Revenue | -3120.71% | -2729.88% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$896.7K | -$785.4K | -$463.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 23.54M | 23.48M | 21.55M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q1 | 2016 Q4 | 2015 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $129.5M | $150.3M | $161.2M |
YoY Change | -15.58% | -6.76% | 16020.0% |
Cash & Equivalents | $133.1M | $150.3M | $161.2M |
Short-Term Investments | |||
Other Short-Term Assets | $3.300M | $1.700M | $100.0K |
YoY Change | 450.0% | 1600.0% | -50.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $0.00 | ||
Other Receivables | $0.00 | ||
Total Short-Term Assets | $132.8M | $152.0M | $161.4M |
YoY Change | -13.77% | -5.82% | 10752.99% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $14.30M | $8.607M | $2.789M |
YoY Change | 344.38% | 208.61% | 119.78% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $4.400M | $4.200M | $1.300M |
YoY Change | 238.46% | 223.08% | 550.0% |
Total Long-Term Assets | $18.70M | $12.82M | $4.040M |
YoY Change | 313.53% | 217.35% | 178.43% |
TOTAL ASSETS | |||
Total Short-Term Assets | $132.8M | $152.0M | $161.4M |
Total Long-Term Assets | $18.70M | $12.82M | $4.040M |
Total Assets | $151.5M | $164.8M | $165.4M |
YoY Change | -4.43% | -0.37% | 5530.5% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $7.400M | $4.943M | $2.811M |
YoY Change | 203.65% | 75.84% | 2148.8% |
Accrued Expenses | $3.800M | $4.400M | $600.0K |
YoY Change | 192.31% | 633.33% | 50.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $100.0K | $100.0K | $100.0K |
YoY Change | 0.0% | 0.0% | |
Total Short-Term Liabilities | $14.10M | $12.16M | $3.818M |
YoY Change | 274.01% | 218.36% | 332.88% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $100.0K |
YoY Change | -100.0% | -100.0% | |
Other Long-Term Liabilities | $12.50M | $796.0K | $163.0K |
YoY Change | 4137.29% | 388.34% | 462.07% |
Total Long-Term Liabilities | $12.50M | $9.919M | $241.0K |
YoY Change | 3401.4% | 4015.77% | 731.03% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $14.10M | $12.16M | $3.818M |
Total Long-Term Liabilities | $12.50M | $9.919M | $241.0K |
Total Liabilities | $26.50M | $22.07M | $4.059M |
YoY Change | 542.11% | 443.83% | 345.55% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$90.48M | -$35.08M | |
YoY Change | 157.95% | 120.94% | |
Common Stock | $215.6M | $185.3M | |
YoY Change | 16.33% | 1758.46% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $125.0M | $134.6M | $153.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $151.5M | $164.8M | $165.4M |
YoY Change | -4.43% | -0.37% | 5530.5% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q4 | 2015 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$21.10M | -$18.45M | -$7.099M |
YoY Change | 168.84% | 159.95% | 305.89% |
Depreciation, Depletion And Amortization | $315.0K | $250.0K | $130.0K |
YoY Change | 105.88% | 92.31% | 62.5% |
Cash From Operating Activities | -$17.42M | -$13.35M | -$6.670M |
YoY Change | 143.98% | 100.15% | 437.9% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $3.635M | -$2.730M | -$970.0K |
YoY Change | 430.66% | 181.44% | 3133.33% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$3.640M | -$2.730M | -$970.0K |
YoY Change | 427.54% | 181.44% | 9600.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 190.0K | 10.00K | 102.7M |
YoY Change | -1050.0% | -99.99% | |
NET CHANGE | |||
Cash From Operating Activities | -17.42M | -13.35M | -6.670M |
Cash From Investing Activities | -3.640M | -2.730M | -970.0K |
Cash From Financing Activities | 190.0K | 10.00K | 102.7M |
Net Change In Cash | -20.81M | -16.07M | 95.09M |
YoY Change | 165.04% | -116.9% | -7707.2% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$17.42M | -$13.35M | -$6.670M |
Capital Expenditures | $3.635M | -$2.730M | -$970.0K |
Free Cash Flow | -$21.06M | -$10.62M | -$5.700M |
YoY Change | 169.07% | 86.32% | 371.07% |
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<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;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash and cash equivalents are financial instruments that potentially subject the Company to concentration of credit risk. The Company uses several financial institutions to maintain its cash and cash equivalents, all of which are high quality, accredited financial institutions and, accordingly, such funds are subject to minimal credit risk. The Company has not experienced any losses in such accounts and 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. The Company has no financial instruments with off-balance sheet risk of loss.</p></div> | |
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|
784000 | |
CY2015 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
594000 | |
CY2014 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
281000 | |
CY2016 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6847000 | |
CY2015 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4024000 | |
CY2016 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
565000 | |
CY2015 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
88000 | |
CY2014 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-14000 | |
CY2016 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-564000 | |
CY2015 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
36000 | |
CY2014 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
84000 | |
CY2016 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
310000 | |
CY2015 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-193000 | |
CY2014 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
129000 | |
CY2016 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1337000 | |
CY2015 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
63000 | |
CY2014 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
12000 | |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3369000 | |
CY2015 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1648000 | |
CY2014 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
9000 | |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2296000 | |
CY2015 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
267000 | |
CY2014 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
410000 | |
CY2016 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
11015000 | |
CY2015 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-152000 | |
CY2014 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
152000 | |
CY2016 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
864000 | |
CY2015 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
38000 | |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-31872000 | |
CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-12527000 | |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-4426000 | |
CY2016 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
2599000 | |
CY2015 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
1055000 | |
CY2015 | wve |
Proceeds From Government Grant Reimbursements For Property And Equipment
ProceedsFromGovernmentGrantReimbursementsForPropertyAndEquipment
|
3000 | |
CY2014 | wve |
Proceeds From Government Grant Reimbursements For Property And Equipment
ProceedsFromGovernmentGrantReimbursementsForPropertyAndEquipment
|
319000 | |
CY2016 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
4000 | |
CY2014 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
14000 | |
CY2016 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5567000 | |
CY2015 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1857000 | |
CY2014 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
590000 | |
CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-8162000 | |
CY2015 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2909000 | |
CY2014 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-257000 | |
CY2015 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
101444000 | |
CY2016 | us-gaap |
Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
|
1075000 | |
CY2015Q3 | wve |
Common Stock Voting Rights Percentage
CommonStockVotingRightsPercentage
|
0.50 | |
CY2015 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
11631000 | |
CY2014 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5585000 | |
CY2015 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
62532000 | |
CY2015 | wve |
Proceeds From Government Grant
ProceedsFromGovernmentGrant
|
112000 | |
CY2014 | wve |
Proceeds From Government Grant
ProceedsFromGovernmentGrant
|
34000 | |
CY2016 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
62000 | |
CY2015 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
126000 | |
CY2016 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
258000 | |
CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
29121000 | |
CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
175593000 | |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
5619000 | |
CY2016 | us-gaap |
Effect Of Exchange Rate On Cash Continuing Operations
EffectOfExchangeRateOnCashContinuingOperations
|
-14000 | |
CY2015 | us-gaap |
Effect Of Exchange Rate On Cash Continuing Operations
EffectOfExchangeRateOnCashContinuingOperations
|
15000 | |
CY2014 | us-gaap |
Effect Of Exchange Rate On Cash Continuing Operations
EffectOfExchangeRateOnCashContinuingOperations
|
-327000 | |
CY2016 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-10927000 | |
CY2015 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
160172000 | |
CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
609000 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1048000 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
439000 | |
CY2015 | wve |
Deferred Offering Costs In Accounts Payable And Accrued Expenses
DeferredOfferingCostsInAccountsPayableAndAccruedExpenses
|
1075000 | |
CY2014 | wve |
Deferred Offering Costs In Accounts Payable And Accrued Expenses
DeferredOfferingCostsInAccountsPayableAndAccruedExpenses
|
72000 | |
CY2016 | us-gaap |
Interest Paid Net
InterestPaidNet
|
29000 | |
CY2014 | us-gaap |
Interest Paid Net
InterestPaidNet
|
86000 | |
CY2016 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
554000 | |
CY2015 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
268000 | |
CY2014 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
9602000 | |
CY2016 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1653000 | |
CY2015 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
306000 | |
CY2014 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
3000 | |
CY2016 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<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;">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 U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting periods. Significant estimates and assumptions reflected in these consolidated financial statements include the valuation of its Series A preferred shares on conversion of the related party notes payable, the valuation of the Company’s ordinary shares prior to the initial public offering, the assumptions used to determine the fair value of share-based awards, the valuation allowance required for the Company’s deferred tax assets, and determining uncertain tax positions and the related liabilities. Estimates are periodically reviewed in light of changes in circumstances, facts and experience. Actual results could differ from the Company’s estimates.</p></div> | |
CY2016 | us-gaap |
Revenue Recognition Services Licensing Fees
RevenueRecognitionServicesLicensingFees
|
<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;">License Agreements and Patent Costs</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;">Costs associated with licenses of technology and patent costs are expensed as incurred and are generally included in research and development expense in the consolidated statements of operations.</p></div> | |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
392000 | |
CY2016Q4 | us-gaap |
Revenues
Revenues
|
676000 | |
CY2015Q3 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
10000 | |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1954000 | |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
4660000 | |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
5798000 | |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
5972000 | |
CY2016Q4 | wve |
Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
|
1090000 | |
CY2016 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | |
CY2016 | us-gaap |
Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
|
The amount of the benefit that may be recognized is the largest amount that has a greater than 50% likelihood of being realized upon ultimate settlement. | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11101000 | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4401000 | |
CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2494000 | |
CY2015Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1612000 | |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2480000 | |
CY2016Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
417000 | |
CY2015Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
401000 | |
CY2016Q4 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
589000 | |
CY2015Q4 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
191000 | |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
959000 | |
CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
353000 | |
CY2014Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
9600000 | |
CY2016 | us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
One vote for each ordinary share | |
CY2016 | wve |
Minimum Percentage Of Issued And Outstanding Shares Required For Approval
MinimumPercentageOfIssuedAndOutstandingSharesRequiredForApproval
|
0.75 | |
CY2016Q4 | wve |
Common Stock Votes Per Share
CommonStockVotesPerShare
|
1 | |
CY2016Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
10000 | |
CY2014Q1 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
1515596 | |
CY2015Q3 | wve |
Minimum Number Of Shares To Be Held To Receive Right To Purchase New Securities
MinimumNumberOfSharesToBeHeldToReceiveRightToPurchaseNewSecurities
|
1212477 | |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
6151000 | |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
33418000 | |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
57953000 | |
CY2016 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1500000 | |
CY2015 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
500000 | |
CY2014 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
300000 | |
CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-55401000 | |
CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-19200000 | |
CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5229000 | |
CY2016 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
1180000 | |
CY2015 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
8000 | |
CY2016 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-564000 | |
CY2015 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
36000 | |
CY2014 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
84000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
16046000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
7037000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
449000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
460000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
242000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
58000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
1024000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
218000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
102000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
149000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
17863000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
7922000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
15999000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
7466000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
1864000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
456000 | |
CY2015Q4 | wve |
Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
|
246000 | |
CY2016Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1090000 | |
CY2015Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
246000 | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
774000 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
210000 | |
CY2014Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
2658000 | |
CY2016 | wve |
Deferred Tax Assets Valuation Allowance Increase
DeferredTaxAssetsValuationAllowanceIncrease
|
8774000 | |
CY2015 | wve |
Deferred Tax Assets Valuation Allowance Increase
DeferredTaxAssetsValuationAllowanceIncrease
|
4818000 | |
CY2016 | wve |
Deferred Tax Assets Valuation Allowance Reversal
DeferredTaxAssetsValuationAllowanceReversal
|
282000 | |
CY2016 | wve |
Deferred Tax Assets Valuation Foreign Currency Translation
DeferredTaxAssetsValuationForeignCurrencyTranslation
|
-41000 | |
CY2015 | wve |
Deferred Tax Assets Valuation Foreign Currency Translation
DeferredTaxAssetsValuationForeignCurrencyTranslation
|
10000 | |
CY2016 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
8500000 | |
CY2015 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
4800000 | |
CY2014 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
1300000 | |
CY2015Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1280000 | |
CY2014Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1025000 | |
CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
901000 | |
CY2016 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
1066000 | |
CY2016 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
2129000 | |
CY2015 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
255000 | |
CY2014 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
124000 | |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
2343000 | |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
1700000 | |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
CY2015Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
CY2016 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | |
CY2015 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
417000 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.51 | |
CY2016Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.75 | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4990000 | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3465000 | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3700000 | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4936000 | |
CY2015Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7099000 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.42 | |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
7952000 | |
CY2016Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
12055000 | |
CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
17625000 | |
CY2016Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
19180000 | |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7952000 | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-11638000 | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-17233000 | |
CY2016Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18504000 | |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7847000 | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11565000 | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-17535000 | |
CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18454000 | |
CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.36 | |
CY2016Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.79 | |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
26000 | |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
126000 | |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
3491000 | |
CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3755000 | |
CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
4990000 | |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3465000 | |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3629000 | |
CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.40 | |
CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.54 | |
CY2015Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.46 |