10-Q Filing

SUPERNUS PHARMACEUTICALS, INC. CIK: 1356576 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001104659-17-003388`
Period End Date	20160930
Filing Date	20170120
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	supn-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 95 Cash Flow Statement 72 Comprehensive Income 16

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	130.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.50M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.54M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$26.02M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$28.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.54M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$25.91M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$36.22M	USD	Point-in-time
Inventories, net	`InventoryNet`	$17.45M	USD	Point-in-time
Inventories, net	`InventoryNet`	$12.59M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$138.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$105.95M	USD	Point-in-time
Long term marketable securities	`MarketableSecuritiesNoncurrent`	$67.04M	USD	Point-in-time
Long term marketable securities	`MarketableSecuritiesNoncurrent`	$55.01M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.87M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.32M	USD	Point-in-time
Deferred legal fees	`DeferredCosts`	$22.50M	USD	Point-in-time
Deferred legal fees	`DeferredCosts`	$17.44M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$15.53M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$976.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$318.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$332.00K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$42.26M	USD	Point-in-time
Total assets	`Assets`	$285.12M	USD	Point-in-time
Total assets	`Assets`	$188.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.69M	USD	Point-in-time
Accrued sales deductions	`AccruedSalesDeduction`	$39.69M	USD	Point-in-time
Accrued sales deductions	`AccruedSalesDeduction`	$26.79M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$26.72M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$25.15M	USD	Point-in-time
Non-recourse liability related to sale of future royalties - current portion	`NonRecourseDebtSaleOfFutureRoyaltiesCurrent`	$497.00K	USD	Point-in-time
Non-recourse liability related to sale of future royalties - current portion	`NonRecourseDebtSaleOfFutureRoyaltiesCurrent`	$2.34M	USD	Point-in-time
Deferred licensing revenue	`DeferredRevenueLicensingCurrent`	$207.00K	USD	Point-in-time
Deferred licensing revenue	`DeferredRevenueLicensingCurrent`	$176.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$71.65M	USD	Point-in-time
Deferred licensing revenue, net of current portion	`DeferredRevenueLicensingNoncurrent`	$1.39M	USD	Point-in-time
Deferred licensing revenue, net of current portion	`DeferredRevenueLicensingNoncurrent`	$1.55M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$7.08M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$5.77M	USD	Point-in-time
Non-recourse liability related to sale of future royalties - long term	`NonRecourseDebtSaleOfFutureRoyaltiesNoncurrent`	$30.03M	USD	Point-in-time
Non-recourse liability related to sale of future royalties - long term	`NonRecourseDebtSaleOfFutureRoyaltiesNoncurrent`	$28.29M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$4.33M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$4.20M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$287.00K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$854.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$111.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$100.62M	USD	Point-in-time
Common stock, $0.001 par value, 130,000,000 shares authorized at September 30, 2016 and December 31, 2015; 49,539,301 and 49,004,674 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$50.00K	USD	Point-in-time
Common stock, $0.001 par value, 130,000,000 shares authorized at September 30, 2016 and December 31, 2015; 49,539,301 and 49,004,674 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$49.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$271.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$263.95M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-488.00K	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax benefit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$127.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-175.51M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-98.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$88.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$173.37M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$188.63M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$285.12M	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net product sales	`SalesRevenueNet`	$38.55M	USD	1 Quarter
Net product sales	`SalesRevenueNet`	$55.62M	USD	1 Quarter
Net product sales	`SalesRevenueNet`	$100.91M	USD	3 Qtrs
Net product sales	`SalesRevenueNet`	$148.98M	USD	3 Qtrs
Royalty Revenue	`RoyaltyRevenue`	$2.01M	USD	3 Qtrs
Royalty Revenue	`RoyaltyRevenue`	$776.00K	USD	1 Quarter
Royalty Revenue	`RoyaltyRevenue`	$3.46M	USD	3 Qtrs
Royalty Revenue	`RoyaltyRevenue`	$1.14M	USD	1 Quarter
Licensing revenue	`LicensesRevenue`	$52.00K	USD	1 Quarter
Licensing revenue	`LicensesRevenue`	$187.00K	USD	3 Qtrs
Licensing revenue	`LicensesRevenue`	$857.00K	USD	3 Qtrs
Licensing revenue	`LicensesRevenue`	$35.00K	USD	1 Quarter
Royalty revenues	`RoyaltyRevenue`	$2.01M	USD	3 Qtrs
Royalty revenues	`RoyaltyRevenue`	$776.00K	USD	1 Quarter
Royalty revenues	`RoyaltyRevenue`	$3.46M	USD	3 Qtrs
Royalty revenues	`RoyaltyRevenue`	$1.14M	USD	1 Quarter
Total revenue	`Revenues`	$152.63M	USD	3 Qtrs
Total revenue	`Revenues`	$39.36M	USD	1 Quarter
Total revenue	`Revenues`	$103.78M	USD	3 Qtrs
Total revenue	`Revenues`	$56.81M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$3.43M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$2.25M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$5.63M	USD	3 Qtrs
Cost of product sales	`CostOfGoodsSold`	$8.21M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$29.54M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$7.87M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$9.13M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$19.69M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$25.68M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$65.50M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$76.96M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$22.90M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$114.71M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$90.81M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$34.28M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$36.97M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$12.96M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$19.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.92M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$419.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.07M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$379.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$169.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$292.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$202.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$577.00K	USD	3 Qtrs
Interest expense-non-recourse royalty liability	`InterestExpenseNonRecourseRoyaltyLiability`	$1.00M	USD	1 Quarter
Interest expense-non-recourse royalty liability	`InterestExpenseNonRecourseRoyaltyLiability`	$998.00K	USD	1 Quarter
Interest expense-non-recourse royalty liability	`InterestExpenseNonRecourseRoyaltyLiability`	$2.53M	USD	3 Qtrs
Interest expense-non-recourse royalty liability	`InterestExpenseNonRecourseRoyaltyLiability`	$3.56M	USD	3 Qtrs
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$349.00K	USD	3 Qtrs
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$66.00K	USD	3 Qtrs
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$114.00K	USD	1 Quarter
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$125.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.40M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-382.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-25.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-2.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$30.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-1.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-703.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.03M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.10M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-5.42M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$34.82M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.14M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.06M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.54M	USD	3 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-42.09M	USD	3 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-42.69M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$453.00K	USD	3 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$142.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.09M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.25	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.56	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.48	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.40M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.01M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.59M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.62M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.97M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.06M	shares	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$61.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.09M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-382.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-25.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.40M	USD	3 Qtrs
Change in fair value of derivative liability	`UnrealizedGainLossOnDerivatives`	$349.00K	USD	3 Qtrs
Change in fair value of derivative liability	`UnrealizedGainLossOnDerivatives`	$66.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.73M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$651.00K	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-47.00K	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$512.00K	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$646.00K	USD	3 Qtrs
Non-cash interest expense on liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$2.53M	USD	3 Qtrs
Non-cash interest expense on liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$3.56M	USD	3 Qtrs
Non-cash interest expense on liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.00M	USD	1 Quarter
Non-cash interest expense on liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$998.00K	USD	1 Quarter
Non-cash royalty revenue	`RevenueFromRoyaltyAgreement`	$2.01M	USD	3 Qtrs
Non-cash royalty revenue	`RevenueFromRoyaltyAgreement`	$3.46M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$4.45M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$3.01M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-42.38M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.33M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.31M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.30M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.87M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.06M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.79M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$949.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.63M	USD	3 Qtrs
Accrued sales deduction	`IncreaseDecreaseInAccruedSalesDeductions`	$10.36M	USD	3 Qtrs
Accrued sales deduction	`IncreaseDecreaseInAccruedSalesDeductions`	$12.90M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-459.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$3.31M	USD	3 Qtrs
Deferred licensing revenue	`IncreaseDecreaseInDeferredLicensingRevenue`	$-107.00K	USD	3 Qtrs
Deferred licensing revenue	`IncreaseDecreaseInDeferredLicensingRevenue`	$195.00K	USD	3 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-21.00K	USD	3 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-140.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.87M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$14.60M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$31.19M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$51.94M	USD	3 Qtrs
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$33.67M	USD	3 Qtrs
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$22.40M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.30M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.24M	USD	3 Qtrs
Deferred legal fees	`IncreaseDecreaseInDeferredLegalFees`	$6.91M	USD	3 Qtrs
Deferred legal fees	`IncreaseDecreaseInDeferredLegalFees`	$12.22M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-26.42M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-22.32M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.25M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.07M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.25M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.07M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.81M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.76M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$25.64M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$36.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$25.64M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$54.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.50M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$504.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$247.00K	USD	3 Qtrs
Conversion of convertible notes and interest make-whole	`DebtConversionConvertedInstrumentAndInterestMakeWholeAmount`	$26.02M	USD	3 Qtrs
Conversion of convertible notes and interest make-whole	`DebtConversionConvertedInstrumentAndInterestMakeWholeAmount`	$2.14M	USD	3 Qtrs
Exercise of warrants	`ExerciseOfWarrantsAmountExercised`	$652.00K	USD	3 Qtrs
Deferred legal fees included in accounts payable and accrued expenses	`NonCashCapitalizedCostOfIntangibleAssets`	$7.92M	USD	3 Qtrs
Deferred legal fees included in accounts payable and accrued expenses	`NonCashCapitalizedCostOfIntangibleAssets`	$6.87M	USD	3 Qtrs

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$61.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.09M	USD	3 Qtrs
Unrealized net (loss) gain on marketable securities, net of taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$615.00K	USD	3 Qtrs
Unrealized net (loss) gain on marketable securities, net of taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-422.00K	USD	1 Quarter
Unrealized net (loss) gain on marketable securities, net of taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$44.00K	USD	1 Quarter
Unrealized net (loss) gain on marketable securities, net of taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$47.00K	USD	3 Qtrs
Other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$47.00K	USD	3 Qtrs
Other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$615.00K	USD	3 Qtrs
Other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-422.00K	USD	1 Quarter
Other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$44.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.14M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.96M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.52M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$61.40M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.