2017 Q4 Form 10-K Financial Statement

#000143774918005932 Filed on March 30, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.610M $3.320M $3.570M
YoY Change -9.06% -33.73% -16.78%
% of Gross Profit
Research & Development $5.536M $6.293M $4.650M
YoY Change -30.48% 46.79% -6.78%
% of Gross Profit
Depreciation & Amortization $90.00K $90.00K $80.00K
YoY Change 12.5% 125.0% 166.67%
% of Gross Profit
Operating Expenses $8.150M $9.612M $8.224M
YoY Change -24.79% -7.59% -11.33%
Operating Profit -$8.150M -$9.612M -$8.224M
YoY Change -24.79% -7.59% -11.33%
Interest Expense $1.444M $1.448M $1.443M
YoY Change -0.07% 0.49% -2.17%
% of Operating Profit
Other Income/Expense, Net -$2.447M -$373.0K $1.703M
YoY Change -373.1% -87.7% -91.06%
Pretax Income -$10.60M -$9.985M -$6.521M
YoY Change 6.61% -25.67% -166.79%
Income Tax -$31.00K -$4.000K -$4.000K
% Of Pretax Income
Net Earnings -$10.57M -$9.981M -$6.517M
YoY Change 6.34% -25.59% -166.72%
Net Earnings / Revenue
Basic Earnings Per Share -$0.72 -$0.68 -$0.44
Diluted Earnings Per Share -$0.72 -$0.68 -$0.44
COMMON SHARES
Basic Shares Outstanding 14.65M
Diluted Shares Outstanding 14.65M

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.20M $45.20M $53.50M
YoY Change -37.76% -28.82% -35.23%
Cash & Equivalents $10.87M $7.829M $12.39M
Short-Term Investments $31.40M $37.40M $41.10M
Other Short-Term Assets $2.800M $2.500M $1.900M
YoY Change 75.0% 47.06% 0.0%
Inventory
Prepaid Expenses
Receivables $2.005M $2.503M
Other Receivables $76.00K $0.00 $0.00
Total Short-Term Assets $45.90M $50.20M $55.36M
YoY Change -38.28% -23.08% -34.53%
LONG-TERM ASSETS
Property, Plant & Equipment $2.004M $2.086M $2.148M
YoY Change 1.73% 43.27% 94.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.300M $6.700M $11.20M
YoY Change -59.76% -75.55% -40.74%
Other Assets $206.0K $313.0K $321.0K
YoY Change -42.78% -33.69% 189.19%
Total Long-Term Assets $6.560M $9.116M $13.68M
YoY Change -37.7% -68.87% -31.81%
TOTAL ASSETS
Total Short-Term Assets $45.90M $50.20M $55.36M
Total Long-Term Assets $6.560M $9.116M $13.68M
Total Assets $52.46M $59.31M $69.05M
YoY Change -38.2% -37.26% -34.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.177M $6.400M $6.300M
YoY Change 364.18% 14.29% 16.67%
Accrued Expenses $700.0K
YoY Change 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.500M $200.0K $200.0K
YoY Change 1650.0% 100.0% -90.0%
Total Short-Term Liabilities $11.51M $6.647M $6.592M
YoY Change 73.28% 16.53% -10.81%
LONG-TERM LIABILITIES
Long-Term Debt $90.00M $92.30M $92.00M
YoY Change -1.32% 1.65% 1.77%
Other Long-Term Liabilities $794.0K $1.427M $1.472M
YoY Change 60.08% 173.9% 207.95%
Total Long-Term Liabilities $794.0K $1.427M $1.472M
YoY Change 60.08% 173.9% 207.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.51M $6.647M $6.592M
Total Long-Term Liabilities $794.0K $1.427M $1.472M
Total Liabilities $110.0M $107.4M $108.3M
YoY Change 6.17% 2.94% 3.86%
SHAREHOLDERS EQUITY
Retained Earnings -$164.7M -$154.2M -$144.2M
YoY Change 35.76% 38.38% 47.14%
Common Stock $107.2M $106.1M $104.9M
YoY Change 4.45% 4.39% 6.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$57.52M -$48.10M -$39.28M
YoY Change
Total Liabilities & Shareholders Equity $52.46M $59.31M $69.05M
YoY Change -38.2% -37.26% -34.01%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income -$10.57M -$9.981M -$6.517M
YoY Change 6.34% -25.59% -166.72%
Depreciation, Depletion And Amortization $90.00K $90.00K $80.00K
YoY Change 12.5% 125.0% 166.67%
Cash From Operating Activities -$6.940M -$10.17M -$6.470M
YoY Change -25.85% 22.97% -21.77%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$40.00K -$40.00K
YoY Change -100.0% -87.88% -73.33%
Acquisitions
YoY Change
Other Investing Activities $10.02M $5.690M $6.080M
YoY Change 71.87% 44.05% -115.08%
Cash From Investing Activities $10.01M $5.660M $6.040M
YoY Change 74.39% 56.79% -114.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -30.00K -50.00K -60.00K
YoY Change -93.62% -97.5% -400.0%
NET CHANGE
Cash From Operating Activities -6.940M -10.17M -6.470M
Cash From Investing Activities 10.01M 5.660M 6.040M
Cash From Financing Activities -30.00K -50.00K -60.00K
Net Change In Cash 3.040M -4.560M -490.0K
YoY Change -174.33% -31.53% -98.99%
FREE CASH FLOW
Cash From Operating Activities -$6.940M -$10.17M -$6.470M
Capital Expenditures $0.00 -$40.00K -$40.00K
Free Cash Flow -$6.940M -$10.13M -$6.430M
YoY Change -25.13% 27.58% -20.81%

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<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt; text-align: justify; text-indent: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Concentration of Credit Risk</div></div></div> <div style=" margin: 0pt; text-align: justify; text-indent: 20.4pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</div> <div style=" margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Financial instruments that potentially expose<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> the Company to concentrations of credit risk consist principally of cash on deposit with multiple financial institutions, the balances of which frequently exceed insured limits.</div></div></div></div></div></div>
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22814000
CY2017Q4 us-gaap Operating Expenses
OperatingExpenses
8150000
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
9612000
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
8224000
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
7380000
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
10836000
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
10401000
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-33366000
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-37482000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
206000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
360000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
604000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1376000
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
137331000
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1658000
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1383000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-9612000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-8224000
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-7380000
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-10836000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-10401000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-9275000
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-6970000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
4077000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
688000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
461000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
449000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
499000
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
112000
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
41000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
794000
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
496000
CY2017Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
76000
CY2016Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
58000
CY2017 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
CY2016 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
983000
CY2015 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
2533000
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
50000
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
164000
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
315000
CY2017 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
27378000
CY2016 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
89849000
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
19002000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
181000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
643000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
135000
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
489000
CY2015 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1662000
CY2017Q4 us-gaap Prepaid Insurance
PrepaidInsurance
202000
CY2016Q4 us-gaap Prepaid Insurance
PrepaidInsurance
333000
CY2015 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
CY2017 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
54971000
CY2016 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
44645000
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, Serif; font-size: 10pt;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-weight: bold;">Reclassifications</div></div></div> <div style=" margin: 0pt; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, Serif; font-size: 10pt;">&nbsp;</div> <div style=" margin: 0pt; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, Serif; font-size: 10pt;">Certain prior year amounts have been reclassified to conform with current year presentation.</div> <div style=" margin: 0pt; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, Serif; font-size: 10pt;">&nbsp;</div> <div style=" margin: 0pt; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, Serif; font-size: 10pt;">During the&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">second</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div>&nbsp;the Company early adopted Accounting Standards Update (&quot;ASU&quot;) <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">18,</div>&nbsp;<div style="display: inline; font-style: italic;">Statement of Cash Flows (Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">230</div>): Restricted Cash</div> (&#x201c;ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">18&#x201d;</div>), which&nbsp;addresses the treatment of restricted cash and restricted cash equivalents in the statement of cash flows. The adoption of ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">18</div> reduced the Company&#x2019;s net cash used in investing activities and net decrease in cash and cash equivalents on the statements of cash flows by <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1.1</div></div> million for the year ended <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> December 31, 2016, </div>as compared to the net cash used in investing activities and net decrease in cash and cash equivalents on the statements of cash flows if the Company had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> early adopted ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">18.</div> This reclassification had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> effect on the balance sheets, statements of operations or statements of changes in redeemable convertible preferred stock and stockholders' deficit. The Company did <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> have restricted cash for the year ended <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> December 31, 2015.</div></div></div></div></div></div>
CY2017 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
CY2016 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
CY2015 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
59892000
CY2017 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
CY2016 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
82800000
CY2017 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
4000
CY2016 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
141000
CY2015 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
413000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2933000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2575000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2004000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1970000
CY2017 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
CY2016 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1931000
CY2015 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
157000
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
79000
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
32000
CY2017 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
CY2016 us-gaap Repayments Of Related Party Debt
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18621000
CY2015 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6293000
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13931000
CY2017Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5536000
CY2015Q4 us-gaap Restricted Cash
RestrictedCash
0
CY2017Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4650000
CY2017Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4114000
CY2016Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7963000
CY2016Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4287000
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4988000
CY2016Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3234000
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1100000
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1100000
CY2016 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
3
CY2017Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
CY2016Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
646000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-164726000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-121340000
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
CY2017 us-gaap Severance Costs1
SeveranceCosts1
CY2016 us-gaap Severance Costs1
SeveranceCosts1
3010000
CY2015 us-gaap Severance Costs1
SeveranceCosts1
CY2017Q4 us-gaap Severance Costs1
SeveranceCosts1
CY2017Q3 us-gaap Severance Costs1
SeveranceCosts1
CY2017Q2 us-gaap Severance Costs1
SeveranceCosts1
CY2017Q1 us-gaap Severance Costs1
SeveranceCosts1
CY2016Q4 us-gaap Severance Costs1
SeveranceCosts1
CY2016Q3 us-gaap Severance Costs1
SeveranceCosts1
3010000
CY2016Q2 us-gaap Severance Costs1
SeveranceCosts1
CY2016Q1 us-gaap Severance Costs1
SeveranceCosts1
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
4562000
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
6600000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
2369000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1044392
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
12.38
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
32000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
169000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
54000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
6666
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
38920
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
919000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
26400
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
471539
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1990260
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2853924
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.64
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.50
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
440178
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2760447
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
10.62
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.75
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
4.65
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.35
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.59
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y98D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y328D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y317D
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
29237
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y284D
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1809532
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1352768
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4100000
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
5400000
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1100000
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
13333
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
163998
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
2.77
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
9.25
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
10.63
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-43000
CY2016 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-15000
CY2015 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-15000
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
9750
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
14933
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4766
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
59892000
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7000
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
71000
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
28000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-57516000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
-18696000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
-48508000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
-10121000
CY2017Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
CY2015Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
CY2016Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Use of Estimates</div></div></div> <div style=" margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</div> <div style=" margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (&quot;GAAP&quot;)<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;requires the Company to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</div></div> <div style=" margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</div> <div style=" margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">On an ongoing basis, the Company evaluates its estimates, includ<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">ing those related to the useful lives of property and equipment, and assumptions used for purposes of determining stock-based compensation, income taxes, and the fair value of the derivative and warrant liability, 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.</div></div></div></div></div></div>
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14652898
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14597053
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7368681
CY2016 kmph Adjustment To Additional Paid In Capital Writeoff Of Deferred Offering Costs
AdjustmentToAdditionalPaidInCapitalWriteoffOfDeferredOfferingCosts
445000
CY2015 kmph Adjustments To Additional Paid In Capital Conversion Of Warrants To Equity Classification
AdjustmentsToAdditionalPaidInCapitalConversionOfWarrantsToEquityClassification
1110000
CY2015 kmph Common Stock Issued During Period From Warrants Exercised
CommonStockIssuedDuringPeriodFromWarrantsExercised
270038
CY2017 kmph Common Stock Issued During Period From Warrants Exercised
CommonStockIssuedDuringPeriodFromWarrantsExercised
698
CY2016 kmph Common Stock Issued During Period From Warrants Exercised
CommonStockIssuedDuringPeriodFromWarrantsExercised
141095
CY2015 kmph Operating And Capital Leases Rent Expense Net
OperatingAndCapitalLeasesRentExpenseNet
300000
CY2017 kmph Operating Loss Carryforward Expiration Year
OperatingLossCarryforwardExpirationYear
CY2017Q4 kmph Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
1384000
CY2016Q4 kmph Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
98000
CY2017Q4 kmph Number Of Manufacturing Arrangements
NumberOfManufacturingArrangements
1
CY2017 kmph Operating And Capital Leases Rent Expense Net
OperatingAndCapitalLeasesRentExpenseNet
600000
CY2016 kmph Operating And Capital Leases Rent Expense Net
OperatingAndCapitalLeasesRentExpenseNet
600000

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