10-Q Filing

CELLDEX THERAPEUTICS, INC. CIK: 744218 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001104659-17-031139`
Period End Date	20170331
Filing Date	20170509
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	cldx-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 31 Cash Flow Statement 50

Balance Sheet 66 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
Convertible Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$63.02M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.50M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.11M	USD	Point-in-time
Convertible Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.46M	USD	Point-in-time
Marketable Securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$124.53M	USD	Point-in-time
Marketable Securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$147.31M	USD	Point-in-time
Convertible Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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`	$1.78M	USD	Point-in-time
Accounts and Other Receivables	`AccountsAndOtherReceivablesNetCurrent`	$1.38M	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`	$4.01M	USD	Point-in-time
Prepaid and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.06M	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
Common Stock, Shares Issued	`CommonStockSharesIssued`	124.17M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$173.46M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$195.57M	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	120.52M	shares	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$13.19M	USD	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$12.41M	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	120.52M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	124.17M	shares	Point-in-time
Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$81.49M	USD	Point-in-time
Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$81.26M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$1.94M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$2.13M	USD	Point-in-time
Goodwill	`Goodwill`	$90.98M	USD	Point-in-time
Goodwill	`Goodwill`	$90.98M	USD	Point-in-time
Total Assets	`Assets`	$383.36M	USD	Point-in-time
Total Assets	`Assets`	$360.05M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.74M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$2.66M	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$19.42M	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$28.66M	USD	Point-in-time
Current Portion of Long-Term Liabilities	`OtherLiabilitiesCurrent`	$4.94M	USD	Point-in-time
Current Portion of Long-Term Liabilities	`OtherLiabilitiesCurrent`	$4.83M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$27.02M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$35.22M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$85.19M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$82.70M	USD	Point-in-time
Total Liabilities	`Liabilities`	$112.21M	USD	Point-in-time
Total Liabilities	`Liabilities`	$117.93M	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, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Convertible Preferred Stock, $.01 Par Value; 3,000,000 Shares Authorized; No Shares Issued and Outstanding at March 31, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $.001 Par Value; 297,000,000 Shares Authorized; 124,173,729 and 120,516,654 Shares Issued and Outstanding at March 31, 2017 and December 31, 2016, respectively	`CommonStockValue`	$121.00K	USD	Point-in-time
Common Stock, $.001 Par Value; 297,000,000 Shares Authorized; 124,173,729 and 120,516,654 Shares Issued and Outstanding at March 31, 2017 and December 31, 2016, respectively	`CommonStockValue`	$124.00K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$998.90M	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$982.25M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.56M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.54M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-719.49M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-753.75M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$247.84M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$265.43M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$383.36M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$360.05M	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Product Development and Licensing Agreements	`RevenueFromProductDevelopmentAndLicensingAgreements`	$556.00K	USD	1 Quarter
Product Development and Licensing Agreements	`RevenueFromProductDevelopmentAndLicensingAgreements`	$453.00K	USD	1 Quarter
Contracts and Grants	`RevenueFromContractsAndGrants`	$850.00K	USD	1 Quarter
Contracts and Grants	`RevenueFromContractsAndGrants`	$978.00K	USD	1 Quarter
Total Revenue	`Revenues`	$1.53M	USD	1 Quarter
Total Revenue	`Revenues`	$1.30M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$27.45M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$25.79M	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$7.23M	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$9.31M	USD	1 Quarter
Loss on Fair Value Remeasurement of Contingent Consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.40M	USD	1 Quarter
Amortization of Acquired Intangible Assets	`AmortizationOfIntangibleAssets`	$224.00K	USD	1 Quarter
Amortization of Acquired Intangible Assets	`AmortizationOfIntangibleAssets`	$253.00K	USD	1 Quarter
Total Operating Expense	`CostsAndExpenses`	$36.65M	USD	1 Quarter
Total Operating Expense	`CostsAndExpenses`	$37.01M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-35.70M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-35.11M	USD	1 Quarter
Investment and Other Income, Net	`InterestAndOtherIncome`	$851.00K	USD	1 Quarter
Investment and Other Income, Net	`InterestAndOtherIncome`	$1.03M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.67M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.26M	USD	1 Quarter
Basic and Diluted Net Loss Per Common Share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	1 Quarter
Basic and Diluted Net Loss Per Common Share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.35	USD	1 Quarter
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	122.65M	shares	1 Quarter
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	98.69M	shares	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.67M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.26M	USD	1 Quarter
Unrealized Gain on Marketable Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$21.00K	USD	1 Quarter
Unrealized Gain on Marketable Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$380.00K	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-34.24M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-34.29M	USD	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.67M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.26M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$742.00K	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$1.37M	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$224.00K	USD	1 Quarter
Amortization of Intangible Assets	`AmortizationOfIntangibleAssets`	$253.00K	USD	1 Quarter
Amortization and Premium of Marketable Securities, Net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$23.00K	USD	1 Quarter
Amortization and Premium of Marketable Securities, Net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-529.00K	USD	1 Quarter
Loss on Sale or Disposal of Assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-70.00K	USD	1 Quarter
Loss on Fair Value Remeasurement of Contingent Consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.40M	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$3.94M	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$3.54M	USD	1 Quarter
Non-Cash Expense	`AmortizationOfDebtDiscountPremium`	$1.64M	USD	1 Quarter
Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-400.00K	USD	1 Quarter
Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-123.00K	USD	1 Quarter
Prepaid and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$989.00K	USD	1 Quarter
Prepaid and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.74M	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$-199.00K	USD	1 Quarter
Accounts Payable and Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.96M	USD	1 Quarter
Accounts Payable and Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.31M	USD	1 Quarter
Other Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-826.00K	USD	1 Quarter
Other Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-802.00K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-34.90M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-35.26M	USD	1 Quarter
Sales and Maturities of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$74.94M	USD	1 Quarter
Sales and Maturities of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$73.74M	USD	1 Quarter
Purchases of Marketable Securities	`PaymentsToAcquireMarketableSecurities`	$48.86M	USD	1 Quarter
Purchases of Marketable Securities	`PaymentsToAcquireMarketableSecurities`	$50.96M	USD	1 Quarter
Acquisition of Property and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$374.00K	USD	1 Quarter
Acquisition of Property and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$540.00K	USD	1 Quarter
Net Cash Provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$25.54M	USD	1 Quarter
Net Cash Provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$22.40M	USD	1 Quarter
Net Proceeds from Stock Issuances	`ProceedsFromIssuanceOfCommonStock`	$12.82M	USD	1 Quarter
Proceeds from Issuance of Stock from Employee Benefit Plans	`ProceedsFromStockPlans`	$280.00K	USD	1 Quarter
Proceeds from Issuance of Stock from Employee Benefit Plans	`ProceedsFromStockPlans`	$76.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$280.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$12.90M	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$36.00K	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.08M	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$63.02M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.50M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$72.11M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.46M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$63.02M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.50M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$72.11M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.46M	USD	Point-in-time
Acquisition of Property and Equipment included in Accounts Payable and Accrued Expenses	`CapitalExpendituresIncurredButNotYetPaid`	$370.00K	USD	1 Quarter
Acquisition of Property and Equipment included in Accounts Payable and Accrued Expenses	`CapitalExpendituresIncurredButNotYetPaid`	$278.00K	USD	1 Quarter
Shares issued to former Kolltan executive for settlement of severance	`SharesIssuedToFormerKolltanExecutiveForSettlementOfSeverance`	$209.00K	USD	1 Quarter

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