10-Q Filing

SUPERNUS PHARMACEUTICALS, INC. CIK: 1356576 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001104659-17-067057`
Period End Date	20170930
Filing Date	20171109
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	supn-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 85 Cash Flow Statement 75 Comprehensive Income 16

Balance Sheet 70 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`	$54.30M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	51.26M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$81.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.50M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.97M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$32.63M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	51.26M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$23.72M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$41.53M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$56.17M	USD	Point-in-time
Inventories, net	`InventoryNet`	$16.80M	USD	Point-in-time
Inventories, net	`InventoryNet`	$14.95M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.67M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$191.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$151.40M	USD	Point-in-time
Long term marketable securities	`MarketableSecuritiesNoncurrent`	$75.41M	USD	Point-in-time
Long term marketable securities	`MarketableSecuritiesNoncurrent`	$123.12M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.69M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.34M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$37.16M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$36.35M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$368.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$331.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$41.73M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$28.81M	USD	Point-in-time
Total assets	`Assets`	$385.48M	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`	$6.26M	USD	Point-in-time
Accrued sales deductions	`AccruedSalesDeduction`	$59.77M	USD	Point-in-time
Accrued sales deductions	`AccruedSalesDeduction`	$41.94M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$26.89M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$27.43M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.49M	USD	Point-in-time
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`	$5.25M	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`	$80.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$104.96M	USD	Point-in-time
Deferred licensing revenue, net of current portion	`DeferredRevenueLicensingNoncurrent`	$1.22M	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
Non-recourse liability related to sale of future royalties, long term	`NonRecourseDebtSaleOfFutureRoyaltiesNoncurrent`	$27.29M	USD	Point-in-time
Non-recourse liability related to sale of future royalties, long term	`NonRecourseDebtSaleOfFutureRoyaltiesNoncurrent`	$22.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$4.94M	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`	$133.81M	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 September 30, 2017 and December 31, 2016; 51,262,007 and 49,971,267 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$50.00K	USD	Point-in-time
Common stock, $0.001 par value, 130,000,000 shares authorized at September 30, 2017 and December 31, 2016; 51,262,007 and 49,971,267 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$51.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$291.84M	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`	$252.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-84.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$191.75M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$251.66M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$385.48M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$309.57M	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net product sales	`SalesRevenueNet`	$207.76M	USD	3 Qtrs
Net product sales	`SalesRevenueNet`	$78.07M	USD	1 Quarter
Net product sales	`SalesRevenueNet`	$148.98M	USD	3 Qtrs
Net product sales	`SalesRevenueNet`	$55.62M	USD	1 Quarter
Royalty revenue	`RoyaltyRevenue`	$4.34M	USD	3 Qtrs
Royalty revenue	`RoyaltyRevenue`	$3.46M	USD	3 Qtrs
Royalty revenue	`RoyaltyRevenue`	$2.01M	USD	1 Quarter
Royalty revenue	`RoyaltyRevenue`	$1.14M	USD	1 Quarter
Licensing revenue	`LicensesRevenue`	$187.00K	USD	3 Qtrs
Licensing revenue	`LicensesRevenue`	$52.00K	USD	1 Quarter
Licensing revenue	`LicensesRevenue`	$1.70M	USD	3 Qtrs
Licensing revenue	`LicensesRevenue`	$322.00K	USD	1 Quarter
Total revenue	`Revenues`	$213.80M	USD	3 Qtrs
Total revenue	`Revenues`	$56.81M	USD	1 Quarter
Total revenue	`Revenues`	$80.40M	USD	1 Quarter
Total revenue	`Revenues`	$152.63M	USD	3 Qtrs
Cost of product sales	`CostOfGoodsSold`	$4.25M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$3.43M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$8.21M	USD	3 Qtrs
Cost of product sales	`CostOfGoodsSold`	$11.06M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$33.41M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$12.98M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.87M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$29.54M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$25.68M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$40.83M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$76.96M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$104.14M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$148.61M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$36.97M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$114.71M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$58.06M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$65.20M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$37.92M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$22.34M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$19.84M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.07M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$814.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$378.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$148.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$577.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$202.00K	USD	1 Quarter
Interest expense-nonrecourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$3.56M	USD	3 Qtrs
Interest expense-nonrecourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$155.00K	USD	1 Quarter
Interest expense-nonrecourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.27M	USD	3 Qtrs
Interest expense-nonrecourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.00M	USD	1 Quarter
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$349.00K	USD	3 Qtrs
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$76.00K	USD	3 Qtrs
Changes in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$125.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-382.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-295.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-91.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.10M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$568.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-703.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$361.00K	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$34.82M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.91M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.56M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.14M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-42.09M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$6.95M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-42.69M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$21.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$43.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$61.83M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.86	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.25	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`	$0.29	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.18	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.58M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.05M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.40M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.63M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.97M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.23M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.62M	shares	3 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$43.63M	USD	3 Qtrs
Net income	`ProfitLoss`	$76.90M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-91.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-382.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-295.00K	USD	3 Qtrs
Change in fair value of derivative liability	`UnrealizedGainLossOnDerivatives`	$76.00K	USD	3 Qtrs
Change in fair value of derivative liability	`UnrealizedGainLossOnDerivatives`	$349.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.46M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.73M	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$50.00K	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$226.00K	USD	3 Qtrs
Non-cash interest expense, net/ interest (income), net	`NoncashInterestExpenseIncome`	$-342.00K	USD	3 Qtrs
Non-cash interest expense, net/ interest (income), net	`NoncashInterestExpenseIncome`	$286.00K	USD	3 Qtrs
Non-cash interest expense on non-recourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$3.56M	USD	3 Qtrs
Non-cash interest expense on non-recourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$155.00K	USD	1 Quarter
Non-cash interest expense on non-recourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.27M	USD	3 Qtrs
Non-cash interest expense on non-recourse liability related to sale of future royalties	`InterestExpenseNonRecourseRoyaltyLiability`	$1.00M	USD	1 Quarter
Non-cash royalty revenue	`RevenueFromRoyaltyAgreement`	$3.46M	USD	3 Qtrs
Non-cash royalty revenue	`RevenueFromRoyaltyAgreement`	$1.40M	USD	1 Quarter
Non-cash royalty revenue	`RevenueFromRoyaltyAgreement`	$1.10M	USD	1 Quarter
Non-cash royalty revenue	`RevenueFromRoyaltyAgreement`	$3.71M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$4.45M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$6.45M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$-42.38M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$13.31M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.64M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.31M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.85M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.87M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherCurrentAssets`	$-1.06M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherCurrentAssets`	$2.71M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.31M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.63M	USD	3 Qtrs
Accrued sales deductions	`IncreaseDecreaseInAccruedSalesDeductions`	$17.83M	USD	3 Qtrs
Accrued sales deductions	`IncreaseDecreaseInAccruedSalesDeductions`	$12.90M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.50M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.77M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$6.48M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$811.00K	USD	3 Qtrs
Deferred licensing revenue	`IncreaseDecreaseInDeferredLicensingRevenue`	$-202.00K	USD	3 Qtrs
Deferred licensing revenue	`IncreaseDecreaseInDeferredLicensingRevenue`	$195.00K	USD	3 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$894.00K	USD	3 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-140.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$41.87M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$78.31M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$78.94M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$31.19M	USD	3 Qtrs
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$23.05M	USD	3 Qtrs
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$22.40M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.27M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.30M	USD	3 Qtrs
Deferred legal fees	`PaymentsToAcquireIntangibleAssets`	$10.13M	USD	3 Qtrs
Deferred legal fees	`PaymentsToAcquireIntangibleAssets`	$12.22M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.32M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.29M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.51M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.25M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.25M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.51M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.81M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$15.53M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$81.92M	USD	Point-in-time
Cash and cash equivalents at beginning 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`	$66.40M	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`	$81.92M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$134.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$247.00K	USD	3 Qtrs
Conversion of convertible notes and interest make-whole	`DebtConversionConvertedInstrumentAndInterestMakeWholeAmount`	$2.14M	USD	3 Qtrs
Conversion of convertible notes and interest make-whole	`DebtConversionConvertedInstrumentAndInterestMakeWholeAmount`	$4.55M	USD	3 Qtrs
Deferred legal fees included in accounts payable and accrued expenses	`NonCashCapitalizedCostOfIntangibleAssets`	$1.34M	USD	3 Qtrs
Deferred legal fees included in accounts payable and accrued expenses	`NonCashCapitalizedCostOfIntangibleAssets`	$7.92M	USD	3 Qtrs

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$43.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$61.83M	USD	1 Quarter
Unrealized net gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-422.00K	USD	1 Quarter
Unrealized net gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$615.00K	USD	3 Qtrs
Unrealized net gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$36.00K	USD	1 Quarter
Unrealized net gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$386.00K	USD	3 Qtrs
Other comprehensive income (loss):	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$615.00K	USD	3 Qtrs
Other comprehensive income (loss):	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$36.00K	USD	1 Quarter
Other comprehensive income (loss):	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$386.00K	USD	3 Qtrs
Other comprehensive income (loss):	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-422.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$61.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.01M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.52M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.00M	USD	1 Quarter

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