10-Q Filing

CELLDEX THERAPEUTICS, INC. CIK: 744218 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001104659-14-033059`
Period End Date	20140331
Filing Date	20140501
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	cldx-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 35 Cash Flow Statement 50

Balance Sheet 68 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`	$24.90M	USD	Point-in-time
Convertible Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$169.40M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.90M	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`	$133.58M	USD	Point-in-time
Convertible Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable Securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$217.32M	USD	Point-in-time
Common Stock, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts and Other Receivables	`AccountsAndOtherReceivablesNetCurrent`	$489.00K	USD	Point-in-time
Common Stock, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts and Other Receivables	`AccountsAndOtherReceivablesNetCurrent`	$305.00K	USD	Point-in-time
Prepaid and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.72M	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
Prepaid and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.29M	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	89.36M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$276.82M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$305.19M	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	89.25M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	89.25M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	89.36M	shares	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$10.22M	USD	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$9.97M	USD	Point-in-time
Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$22.57M	USD	Point-in-time
Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$22.82M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$148.00K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$132.00K	USD	Point-in-time
Goodwill	`Goodwill`	$8.96M	USD	Point-in-time
Goodwill	`Goodwill`	$8.96M	USD	Point-in-time
Total Assets	`Assets`	$318.70M	USD	Point-in-time
Total Assets	`Assets`	$347.10M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$3.41M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$2.24M	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$14.97M	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$17.18M	USD	Point-in-time
Current Portion of Long-Term Liabilities	`OtherLiabilitiesCurrent`	$928.00K	USD	Point-in-time
Current Portion of Long-Term Liabilities	`OtherLiabilitiesCurrent`	$1.13M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$20.35M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$19.51M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$6.95M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$7.35M	USD	Point-in-time
Total Liabilities	`Liabilities`	$27.30M	USD	Point-in-time
Total Liabilities	`Liabilities`	$26.85M	USD	Point-in-time
Commitments and Contingent Liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingent Liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible Preferred Stock, $.01 Par Value; 3,000,000 Shares Authorized; No Shares Issued and Outstanding at March 31, 2014 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Convertible Preferred Stock, $.01 Par Value; 3,000,000 Shares Authorized; No Shares Issued and Outstanding at March 31, 2014 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $.001 Par Value; 297,000,000 Shares Authorized; 89,357,843 and 89,246,832 Shares Issued and Outstanding at March 31, 2014 and December 31, 2013, respectively	`CommonStockValue`	$89.00K	USD	Point-in-time
Common Stock, $.001 Par Value; 297,000,000 Shares Authorized; 89,357,843 and 89,246,832 Shares Issued and Outstanding at March 31, 2014 and December 31, 2013, respectively	`CommonStockValue`	$89.00K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$662.72M	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$664.67M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.67M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.69M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.67M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.75M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-375.58M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-345.68M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$291.85M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$319.80M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$318.70M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$347.10M	USD	Point-in-time

Income Statement 35 line items

Line Item	Tag	Value	Unit	Period
Product Development and Licensing Agreements	`RevenueFromProductDevelopmentAndLicensingAgreements`	$30.00K	USD	1 Quarter
Product Development and Licensing Agreements	`RevenueFromProductDevelopmentAndLicensingAgreements`	$35.00K	USD	1 Quarter
Contracts and Grants	`RevenueFromContractsAndGrants`	$50.00K	USD	1 Quarter
Contracts and Grants	`RevenueFromContractsAndGrants`	$381.00K	USD	1 Quarter
Product Royalties	`RoyaltyRevenue`	$2.33M	USD	1 Quarter
Total Revenue	`Revenues`	$416.00K	USD	1 Quarter
Total Revenue	`Revenues`	$2.41M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$14.09M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$27.07M	USD	1 Quarter
Royalty	`RoyaltyExpense`	$2.33M	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$4.58M	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$3.14M	USD	1 Quarter
Amortization of Acquired Intangible Assets	`AmortizationOfIntangibleAssets`	$253.00K	USD	1 Quarter
Amortization of Acquired Intangible Assets	`AmortizationOfIntangibleAssets`	$253.00K	USD	1 Quarter
Total Operating Expense	`CostsAndExpenses`	$31.91M	USD	1 Quarter
Total Operating Expense	`CostsAndExpenses`	$19.82M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-17.40M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-31.49M	USD	1 Quarter
Investment and Other Income, Net	`InterestAndOtherIncome`	$1.59M	USD	1 Quarter
Investment and Other Income, Net	`InterestAndOtherIncome`	$379.00K	USD	1 Quarter
Interest Expense	`InterestExpense`	$310.00K	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.33M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-29.90M	USD	1 Quarter
Basic and Diluted Net Loss Per Common Share (Note 3) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.23	USD	1 Quarter
Basic and Diluted Net Loss Per Common Share (Note 3) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.33	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`	89.27M	shares	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.33M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-29.90M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.00K	USD	1 Quarter
Unrealized (Loss) Gain on Marketable Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.00K	USD	1 Quarter
Unrealized (Loss) Gain on Marketable Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-29.90M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-17.39M	USD	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.33M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-29.90M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$468.00K	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$579.00K	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$253.00K	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$253.00K	USD	1 Quarter
Amortization and Premium of Marketable Securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$2.13M	USD	1 Quarter
Amortization and Premium of Marketable Securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$969.00K	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$1.25M	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$708.00K	USD	1 Quarter
Non-Cash Interest Expense	`AmortizationOfDebtDiscountPremium`	$56.00K	USD	1 Quarter
Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-184.00K	USD	1 Quarter
Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$60.00K	USD	1 Quarter
Prepaid and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.05M	USD	1 Quarter
Prepaid and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.23M	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$-16.00K	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$-188.00K	USD	1 Quarter
Accounts Payable and Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.67M	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`	$595.00K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.20M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-31.88M	USD	1 Quarter
Sales and Maturities of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$7.39M	USD	1 Quarter
Sales and Maturities of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$31.28M	USD	1 Quarter
Purchases of Marketable Securities	`PaymentsToAcquireMarketableSecurities`	$53.81M	USD	1 Quarter
Purchases of Marketable Securities	`PaymentsToAcquireMarketableSecurities`	$112.42M	USD	1 Quarter
Acquisition of Property and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$195.00K	USD	1 Quarter
Acquisition of Property and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$162.00K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-81.33M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-46.58M	USD	1 Quarter
Net Proceeds from Stock Issuances	`ProceedsFromIssuanceOfCommonStock`	$114.19M	USD	1 Quarter
Proceeds from Issuance of Stock from Employee Benefit Plans	`ProceedsFromStockPlans`	$702.00K	USD	1 Quarter
Proceeds from Issuance of Stock from Employee Benefit Plans	`ProceedsFromStockPlans`	$1.66M	USD	1 Quarter
Payments of Term Loan	`RepaymentsOfSecuredDebt`	$1.32M	USD	1 Quarter
Payments of Other Liabilities	`RepaymentsOfOtherLongTermDebt`	$15.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$702.00K	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`	$1.00K	USD	1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-2.00K	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$50.73M	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-112.50M	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$24.90M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$169.40M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$56.90M	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`	$24.90M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$169.40M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$56.90M	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.