10-Q Filing

CELLDEX THERAPEUTICS, INC. CIK: 744218 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-036833`
Period End Date	20130331
Filing Date	20130503
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	cldx-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 38 Cash Flow Statement 55

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Convertible Preferred Stock, Par Value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Convertible Preferred Stock, Par Value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Convertible Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Convertible Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.75M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.90M	USD	Point-in-time
Convertible Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.90M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.63M	USD	Point-in-time
Convertible Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable Securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$59.06M	USD	Point-in-time
Marketable Securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$106.75M	USD	Point-in-time
Convertible Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common Stock, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts and Other Receivables	`AccountsAndOtherReceivablesNetCurrent`	$44.00K	USD	Point-in-time
Accounts and Other Receivables	`AccountsAndOtherReceivablesNetCurrent`	$104.00K	USD	Point-in-time
Common Stock, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.97M	USD	Point-in-time
Prepaid and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.11M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	297.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	297.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$184.45M	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	64.36M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$85.11M	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	80.87M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	64.36M	shares	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$7.13M	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	80.87M	shares	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$7.21M	USD	Point-in-time
Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$23.58M	USD	Point-in-time
Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$23.83M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$424.00K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$236.00K	USD	Point-in-time
Goodwill	`Goodwill`	$8.96M	USD	Point-in-time
Goodwill	`Goodwill`	$8.96M	USD	Point-in-time
Total Assets	`Assets`	$224.37M	USD	Point-in-time
Total Assets	`Assets`	$125.54M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$745.00K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$2.45M	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$10.96M	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$9.69M	USD	Point-in-time
Current Portion of Long-Term Liabilities	`OtherLiabilitiesCurrent`	$388.00K	USD	Point-in-time
Current Portion of Long-Term Liabilities	`OtherLiabilitiesCurrent`	$557.00K	USD	Point-in-time
Current Portion of Term Loan	`SecuredDebtCurrent`	$5.63M	USD	Point-in-time
Current Portion of Term Loan	`SecuredDebtCurrent`	$5.59M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$17.68M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$18.33M	USD	Point-in-time
Term Loan, less Current Portion	`SecuredLongTermDebt`	$4.43M	USD	Point-in-time
Term Loan, less Current Portion	`SecuredLongTermDebt`	$5.75M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$6.67M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$6.34M	USD	Point-in-time
Total Liabilities	`Liabilities`	$29.77M	USD	Point-in-time
Total Liabilities	`Liabilities`	$29.42M	USD	Point-in-time
Commitments and Contingent Liabilities (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingent Liabilities (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible Preferred Stock, $.01 Par Value; 3,000,000 Shares Authorized; No Shares Issued and Outstanding at March 31, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Convertible Preferred Stock, $.01 Par Value; 3,000,000 Shares Authorized; No Shares Issued and Outstanding at March 31, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $.001 Par Value; 297,000,000 Shares Authorized; 80,870,320 and 64,359,513 Shares Issued and Outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$81.00K	USD	Point-in-time
Common Stock, $.001 Par Value; 297,000,000 Shares Authorized; 80,870,320 and 64,359,513 Shares Issued and Outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$64.00K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$473.63M	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$357.09M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.75M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.69M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-264.13M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-281.46M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$194.94M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$95.77M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$125.54M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$224.37M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Product Development and Licensing Agreements	`RevenueFromProductDevelopmentAndLicensingAgreements`	$35.00K	USD	1 Quarter
Product Development and Licensing Agreements	`RevenueFromProductDevelopmentAndLicensingAgreements`	$30.00K	USD	1 Quarter
Contracts and Grants	`RevenueFromContractsAndGrants`	$54.00K	USD	1 Quarter
Contracts and Grants	`RevenueFromContractsAndGrants`	$50.00K	USD	1 Quarter
Product Royalties	`RoyaltyRevenue`	$2.34M	USD	1 Quarter
Product Royalties	`RoyaltyRevenue`	$2.33M	USD	1 Quarter
Total Revenue	`Revenues`	$2.43M	USD	1 Quarter
Total Revenue	`Revenues`	$2.41M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$10.77M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$14.09M	USD	1 Quarter
Royalty	`RoyaltyExpense`	$2.34M	USD	1 Quarter
Royalty	`RoyaltyExpense`	$2.33M	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$3.14M	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$2.32M	USD	1 Quarter
Amortization of Acquired Intangible Assets	`AmortizationOfIntangibleAssets`	$291.00K	USD	1 Quarter
Amortization of Acquired Intangible Assets	`AmortizationOfIntangibleAssets`	$253.00K	USD	1 Quarter
Total Operating Expense	`CostsAndExpenses`	$19.82M	USD	1 Quarter
Total Operating Expense	`CostsAndExpenses`	$15.72M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-17.40M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-13.29M	USD	1 Quarter
Investment and Other Income, Net	`InterestAndOtherIncome`	$205.00K	USD	1 Quarter
Investment and Other Income, Net	`InterestAndOtherIncome`	$379.00K	USD	1 Quarter
Interest Expense	`InterestExpense`	$310.00K	USD	1 Quarter
Interest Expense	`InterestExpense`	$433.00K	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.33M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-13.52M	USD	1 Quarter
Basic and Diluted Net Loss Per Common Share (Note 3) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.27	USD	1 Quarter
Basic and Diluted Net Loss Per Common Share (Note 3) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.23	USD	1 Quarter
Shares Used in Calculating Basic and Diluted Net Loss per Share (Note 3) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	74.03M	shares	1 Quarter
Shares Used in Calculating Basic and Diluted Net Loss per Share (Note 3) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	50.15M	shares	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.33M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-13.52M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.00K	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Unrealized (Loss) Gain on Marketable Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$108.00K	USD	1 Quarter
Unrealized (Loss) Gain on Marketable Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-17.39M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-13.41M	USD	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.33M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-13.52M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$468.00K	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$544.00K	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$291.00K	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$253.00K	USD	1 Quarter
Amortization and Premium of Marketable Securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$373.00K	USD	1 Quarter
Amortization and Premium of Marketable Securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.32M	USD	1 Quarter
Realized Gain on Sales and Maturities of Marketable Securities	`MarketableSecuritiesGainLoss`	$4.00K	USD	1 Quarter
Loss on Sales or Disposal of Assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-23.00K	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$641.00K	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$708.00K	USD	1 Quarter
Non-Cash Interest Expense	`AmortizationOfDebtDiscountPremium`	$56.00K	USD	1 Quarter
Non-Cash Interest Expense	`AmortizationOfDebtDiscountPremium`	$57.00K	USD	1 Quarter
Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-30.00K	USD	1 Quarter
Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$60.00K	USD	1 Quarter
Prepaid and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$879.00K	USD	1 Quarter
Prepaid and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$672.00K	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$131.00K	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$-188.00K	USD	1 Quarter
Accounts Payable and Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.05M	USD	1 Quarter
Accounts Payable and Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$206.00K	USD	1 Quarter
Other Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$516.00K	USD	1 Quarter
Other Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$606.00K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-13.55M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.20M	USD	1 Quarter
Sales and Maturities of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$7.39M	USD	1 Quarter
Sales and Maturities of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$5.91M	USD	1 Quarter
Purchases of Marketable Securities	`PaymentsToAcquireMarketableSecurities`	$33.39M	USD	1 Quarter
Purchases of Marketable Securities	`PaymentsToAcquireMarketableSecurities`	$53.81M	USD	1 Quarter
Acquisition of Property and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.00K	USD	1 Quarter
Acquisition of Property and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$162.00K	USD	1 Quarter
Proceeds from Sales or Disposal of Assets	`ProceedsFromSaleOfProductiveAssets`	$11.00K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-46.58M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.51M	USD	1 Quarter
Net Proceeds from Stock Issuances	`ProceedsFromIssuanceOfCommonStock`	$51.93M	USD	1 Quarter
Net Proceeds from Stock Issuances	`ProceedsFromIssuanceOfCommonStock`	$114.19M	USD	1 Quarter
Proceeds from Issuance of Stock from Employee Benefit Plans	`ProceedsFromStockPlans`	$1.66M	USD	1 Quarter
Payments of Term Loan	`ProceedsFromIssuanceOfLongTermDebt`	$-1.32M	USD	1 Quarter
Payments of Other Liabilities	`RepaymentsOfOtherLongTermDebt`	$15.00K	USD	1 Quarter
Payments of Other Liabilities	`RepaymentsOfOtherLongTermDebt`	$15.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$51.91M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$114.51M	USD	1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$2.00K	USD	1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-2.00K	USD	1 Quarter
Net Increase in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$50.73M	USD	1 Quarter
Net Increase in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$10.86M	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$22.75M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$11.90M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$24.90M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$75.63M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$22.75M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$11.90M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$24.90M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$75.63M	USD	Point-in-time

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