10-Q Filing

SUPERNUS PHARMACEUTICALS, INC. CIK: 1356576 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001104659-17-049286`
Period End Date	20170630
Filing Date	20170803
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	supn-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 87 Cash Flow Statement 70 Comprehensive Income 16

Balance Sheet 73 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
Common stock, shares issued	`CommonStockSharesIssued`	49.97M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.73M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.50M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$23.72M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.73M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$31.23M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.97M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$41.53M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$51.16M	USD	Point-in-time
Inventories, net	`InventoryNet`	$16.80M	USD	Point-in-time
Inventories, net	`InventoryNet`	$16.62M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.75M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$151.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$165.49M	USD	Point-in-time
Long term marketable securities	`MarketableSecuritiesNoncurrent`	$104.63M	USD	Point-in-time
Long term marketable securities	`MarketableSecuritiesNoncurrent`	$75.41M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.34M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.57M	USD	Point-in-time
Deferred legal fees	`DeferredCosts`	$19.86M	USD	Point-in-time
Deferred legal fees	`DeferredCosts`	$11.89M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$16.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$28.99M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$331.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$349.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$30.45M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$41.73M	USD	Point-in-time
Total assets	`Assets`	$346.37M	USD	Point-in-time
Total assets	`Assets`	$309.57M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.58M	USD	Point-in-time
Accrued sales deductions	`AccruedSalesDeduction`	$47.62M	USD	Point-in-time
Accrued sales deductions	`AccruedSalesDeduction`	$41.94M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$27.43M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$23.43M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$1.61M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$7.00K	USD	Point-in-time
Non-recourse liability related to sale of future royalties, current portion	`NonRecourseDebtSaleOfFutureRoyaltiesCurrent`	$3.10M	USD	Point-in-time
Non-recourse liability related to sale of future royalties, current portion	`NonRecourseDebtSaleOfFutureRoyaltiesCurrent`	$5.00M	USD	Point-in-time
Deferred licensing revenue	`DeferredRevenueLicensingCurrent`	$287.00K	USD	Point-in-time
Deferred licensing revenue	`DeferredRevenueLicensingCurrent`	$209.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$85.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$80.74M	USD	Point-in-time
Deferred licensing revenue, net of current portion	`DeferredRevenueLicensingNoncurrent`	$1.29M	USD	Point-in-time
Deferred licensing revenue, net of current portion	`DeferredRevenueLicensingNoncurrent`	$1.50M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$4.17M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$1.47M	USD	Point-in-time
Non-recourse liability related to sale of future royalties, long term	`NonRecourseDebtSaleOfFutureRoyaltiesNoncurrent`	$24.18M	USD	Point-in-time
Non-recourse liability related to sale of future royalties, long term	`NonRecourseDebtSaleOfFutureRoyaltiesNoncurrent`	$27.29M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$4.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$4.00M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$114.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$116.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$117.81M	USD	Point-in-time
Common stock, $0.001 par value, 130,000,000 shares authorized at June 30, 2017 and December 31, 2016; 50,733,662 and 49,971,267 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$51.00K	USD	Point-in-time
Common stock, $0.001 par value, 130,000,000 shares authorized at June 30, 2017 and December 31, 2016; 50,733,662 and 49,971,267 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$50.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$285.57M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$276.13M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-134.00K	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$216.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-84.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-56.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$229.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$191.75M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$309.57M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$346.37M	USD	Point-in-time

Income Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net product sales	`SalesRevenueNet`	$50.34M	USD	1 Quarter
Net product sales	`SalesRevenueNet`	$129.70M	USD	2 Qtrs
Net product sales	`SalesRevenueNet`	$73.33M	USD	1 Quarter
Net product sales	`SalesRevenueNet`	$93.36M	USD	2 Qtrs
Royalty revenue	`RoyaltyRevenue`	$1.21M	USD	1 Quarter
Royalty revenue	`RoyaltyRevenue`	$2.33M	USD	2 Qtrs
Royalty revenue	`RoyaltyRevenue`	$2.32M	USD	2 Qtrs
Royalty revenue	`RoyaltyRevenue`	$1.18M	USD	1 Quarter
Licensing revenue	`LicensesRevenue`	$1.38M	USD	2 Qtrs
Licensing revenue	`LicensesRevenue`	$1.32M	USD	1 Quarter
Licensing revenue	`LicensesRevenue`	$86.00K	USD	1 Quarter
Licensing revenue	`LicensesRevenue`	$135.00K	USD	2 Qtrs
Total revenue	`Revenues`	$95.82M	USD	2 Qtrs
Total revenue	`Revenues`	$133.41M	USD	2 Qtrs
Total revenue	`Revenues`	$75.83M	USD	1 Quarter
Total revenue	`Revenues`	$51.63M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$6.81M	USD	2 Qtrs
Cost of product sales	`CostOfGoodsSold`	$2.75M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$3.86M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$4.79M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$11.11M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$10.82M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$21.67M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$20.43M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$63.32M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$35.08M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.12M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$51.28M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$49.76M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$39.98M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$90.55M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$77.74M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$11.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$18.08M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$26.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$42.85M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$656.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.19M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$365.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$693.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$196.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$375.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$58.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$147.00K	USD	2 Qtrs
Interest expense-nonrecourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.28M	USD	1 Quarter
Interest expense-nonrecourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$2.56M	USD	2 Qtrs
Interest expense-nonrecourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.12M	USD	2 Qtrs
Interest expense-nonrecourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$160.00K	USD	1 Quarter
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$224.00K	USD	2 Qtrs
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$23.00K	USD	1 Quarter
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$123.00K	USD	1 Quarter
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$76.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-103.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-382.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-204.00K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-207.00K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-2.40M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$358.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-989.00K	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.65M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.68M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.43M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.66M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$405.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.98M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$9.06M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$605.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$10.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$27.66M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.08M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.37M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.55	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.31	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.35M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.43M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.33M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.53M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.03M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.48M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.75M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$27.66M	USD	2 Qtrs
Net income	`ProfitLoss`	$15.08M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-382.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-204.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-103.00K	USD	1 Quarter
Change in fair value of derivative liability	`UnrealizedGainLossOnDerivatives`	$76.00K	USD	2 Qtrs
Change in fair value of derivative liability	`UnrealizedGainLossOnDerivatives`	$224.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.12M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.08M	USD	2 Qtrs
Non-cash interest expense, net/ interest (income), net	`NoncashInterestExpenseIncome`	$-277.00K	USD	2 Qtrs
Non-cash interest expense, net/ interest (income), net	`NoncashInterestExpenseIncome`	$405.00K	USD	2 Qtrs
Non-cash interest expense on non-recourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.28M	USD	1 Quarter
Non-cash interest expense on non-recourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$2.56M	USD	2 Qtrs
Non-cash interest expense on non-recourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.12M	USD	2 Qtrs
Non-cash interest expense on non-recourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$160.00K	USD	1 Quarter
Non-cash royalty revenue	`RevenueFromRoyaltyAgreement`	$2.32M	USD	2 Qtrs
Non-cash royalty revenue	`RevenueFromRoyaltyAgreement`	$2.33M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$4.09M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$2.97M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$11.67M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.63M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.37M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.79M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-178.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherCurrentAssets`	$-1.99M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherCurrentAssets`	$1.79M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.07M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$50.00K	USD	2 Qtrs
Accrued sales deductions	`IncreaseDecreaseInAccruedSalesDeductions`	$8.22M	USD	2 Qtrs
Accrued sales deductions	`IncreaseDecreaseInAccruedSalesDeductions`	$5.68M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-2.58M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.28M	USD	2 Qtrs
Accrued income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.60M	USD	2 Qtrs
Accrued income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$29.00K	USD	2 Qtrs
Deferred licensing revenue	`IncreaseDecreaseInDeferredLicensingRevenue`	$248.00K	USD	2 Qtrs
Deferred licensing revenue	`IncreaseDecreaseInDeferredLicensingRevenue`	$-130.00K	USD	2 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$477.00K	USD	2 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-4.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.63M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$39.30M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$48.47M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$23.04M	USD	2 Qtrs
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$15.66M	USD	2 Qtrs
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$12.42M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$903.00K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$852.00K	USD	2 Qtrs
Deferred legal fees	`PaymentsToAcquireIntangibleAssets`	$3.69M	USD	2 Qtrs
Deferred legal fees	`PaymentsToAcquireIntangibleAssets`	$9.22M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.97M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.12M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$995.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.16M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$995.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.16M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.66M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.66M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$61.74M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$36.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$61.74M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.16M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$134.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$247.00K	USD	2 Qtrs
Conversion of convertible notes and interest make-whole	`DebtConversionConvertedInstrumentAndInterestMakeWholeAmount`	$2.98M	USD	2 Qtrs
Conversion of convertible notes and interest make-whole	`DebtConversionConvertedInstrumentAndInterestMakeWholeAmount`	$2.14M	USD	2 Qtrs
Deferred legal fees included in accounts payable and accrued expenses	`NonCashCapitalizedCostOfIntangibleAssets`	$5.54M	USD	2 Qtrs
Deferred legal fees included in accounts payable and accrued expenses	`NonCashCapitalizedCostOfIntangibleAssets`	$1.88M	USD	2 Qtrs

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$10.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$27.66M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.08M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.37M	USD	1 Quarter
Unrealized net gain on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$184.00K	USD	1 Quarter
Unrealized net gain on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$350.00K	USD	2 Qtrs
Unrealized net gain on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.04M	USD	2 Qtrs
Unrealized net gain on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$381.00K	USD	1 Quarter
Other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$381.00K	USD	1 Quarter
Other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.04M	USD	2 Qtrs
Other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$350.00K	USD	2 Qtrs
Other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$184.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.02M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.55M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.11M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.63M	USD	1 Quarter

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