10-Q Filing

CELLDEX THERAPEUTICS, INC. CIK: 744218 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001104659-18-031972`
Period End Date	20180331
Filing Date	20180510
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	cldx-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 33 Cash Flow Statement 55

Balance Sheet 65 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`	$42.50M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.46M	USD	Point-in-time
Convertible Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.82M	USD	Point-in-time
Convertible Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.29M	USD	Point-in-time
Convertible Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable Securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$83.42M	USD	Point-in-time
Marketable Securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$99.14M	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`	$4.02M	USD	Point-in-time
Accounts and Other Receivables	`AccountsAndOtherReceivablesNetCurrent`	$1.88M	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`	$3.70M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	297.00M	shares	Point-in-time
Prepaid and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.45M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	297.00M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	138.52M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$144.76M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$130.97M	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	143.37M	shares	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$9.79M	USD	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$10.37M	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	143.37M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	138.52M	shares	Point-in-time
Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$48.69M	USD	Point-in-time
Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$67.59M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$1.93M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$1.93M	USD	Point-in-time
Goodwill	`Goodwill`	$90.98M	USD	Point-in-time
Total Assets	`Assets`	$191.38M	USD	Point-in-time
Total Assets	`Assets`	$315.62M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$508.00K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.72M	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$19.45M	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$14.90M	USD	Point-in-time
Current Portion of Long-Term Liabilities	`OtherLiabilitiesCurrent`	$6.57M	USD	Point-in-time
Current Portion of Long-Term Liabilities	`OtherLiabilitiesCurrent`	$8.61M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$24.01M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$27.74M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$33.28M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$51.52M	USD	Point-in-time
Total Liabilities	`Liabilities`	$79.25M	USD	Point-in-time
Total Liabilities	`Liabilities`	$57.29M	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, 2018 and December 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Convertible Preferred Stock, $.01 Par Value; 3,000,000 Shares Authorized; No Shares Issued and Outstanding at March 31, 2018 and December 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $.001 Par Value; 297,000,000 Shares Authorized; 143,368,784 and 138,520,404 Shares Issued and Outstanding at March 31, 2018 and December 31, 2017, Respectively	`CommonStockValue`	$139.00K	USD	Point-in-time
Common Stock, $.001 Par Value; 297,000,000 Shares Authorized; 143,368,784 and 138,520,404 Shares Issued and Outstanding at March 31, 2018 and December 31, 2017, Respectively	`CommonStockValue`	$143.00K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$1.06B	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$1.05B	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.56M	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.56M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-929.39M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-812.52M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$134.08M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$236.37M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$315.62M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$191.38M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.53M	USD	1 Quarter
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.07M	USD	1 Quarter
Research and Development	`ResearchAndDevelopmentExpense`	$21.88M	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`	$5.59M	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$90.98M	USD	1 Quarter
Intangible Asset Impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$18.68M	USD	1 Quarter
(Gain)/Loss on Fair Value Remeasurement of Contingent Consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-13.60M	USD	1 Quarter
(Gain)/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`	$224.00K	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$123.75M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$36.65M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-35.11M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-119.68M	USD	1 Quarter
Investment and Other Income, Net	`InterestAndOtherIncome`	$851.00K	USD	1 Quarter
Investment and Other Income, Net	`InterestAndOtherIncome`	$780.00K	USD	1 Quarter
Net Loss Before Income Tax Benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-34.26M	USD	1 Quarter
Net Loss Before Income Tax Benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-118.90M	USD	1 Quarter
Income Tax Benefit	`IncomeTaxExpenseBenefit`	$-765.00K	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-118.13M	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`	$-0.84	USD	1 Quarter
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	140.55M	shares	1 Quarter
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	122.65M	shares	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-118.13M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.26M	USD	1 Quarter
Unrealized Gain (Loss) on Marketable Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.00K	USD	1 Quarter
Unrealized Gain (Loss) on Marketable Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$21.00K	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-34.24M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-118.14M	USD	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-118.13M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.26M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$1.03M	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`	$224.00K	USD	1 Quarter
Amortization and Premium of Marketable Securities, Net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$155.00K	USD	1 Quarter
Amortization and Premium of Marketable Securities, Net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$23.00K	USD	1 Quarter
Loss on Sale or Disposal of Assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-10.00K	USD	1 Quarter
Goodwill Impairment	`GoodwillImpairmentLoss`	$90.98M	USD	1 Quarter
Intangible Asset Impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$18.68M	USD	1 Quarter
(Gain)/Loss on Fair Value Remeasurement of Contingent Consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-13.60M	USD	1 Quarter
(Gain)/Loss on Fair Value Remeasurement of Contingent Consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.40M	USD	1 Quarter
Non-Cash Income Tax Benefit	`IncomeTaxExpenseBenefit`	$-765.00K	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$3.54M	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$2.49M	USD	1 Quarter
Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-400.00K	USD	1 Quarter
Accounts and Other Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$1.64M	USD	1 Quarter
Prepaid and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$144.00K	USD	1 Quarter
Prepaid and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$989.00K	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$-199.00K	USD	1 Quarter
Accounts Payable and Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.31M	USD	1 Quarter
Accounts Payable and Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.92M	USD	1 Quarter
Other Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-802.00K	USD	1 Quarter
Other Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.07M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.02M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-35.26M	USD	1 Quarter
Sales and Maturities of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$73.74M	USD	1 Quarter
Sales and Maturities of Marketable Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$46.87M	USD	1 Quarter
Purchases of Marketable Securities	`PaymentsToAcquireMarketableSecurities`	$31.12M	USD	1 Quarter
Purchases of Marketable Securities	`PaymentsToAcquireMarketableSecurities`	$50.96M	USD	1 Quarter
Acquisition of Property and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$259.00K	USD	1 Quarter
Acquisition of Property and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$374.00K	USD	1 Quarter
Net Cash Provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$15.49M	USD	1 Quarter
Net Cash Provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$22.40M	USD	1 Quarter
Net Proceeds from Stock Issuances	`ProceedsFromIssuanceOfCommonStock`	$11.69M	USD	1 Quarter
Net Proceeds from Stock Issuances	`ProceedsFromIssuanceOfCommonStock`	$12.82M	USD	1 Quarter
Proceeds from Issuance of Stock from Employee Benefit Plans	`ProceedsFromStockPlans`	$374.00K	USD	1 Quarter
Proceeds from Issuance of Stock from Employee Benefit Plans	`ProceedsFromStockPlans`	$76.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$12.06M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$12.90M	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-464.00K	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$36.00K	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.50M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$42.46M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$39.82M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$40.29M	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`	$42.46M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$39.82M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$40.29M	USD	Point-in-time
Accrued construction in progress	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$370.00K	USD	1 Quarter
Accrued construction in progress	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$212.00K	USD	1 Quarter
Shares issued to former Kolltan executive for settlement of severance	`SharesIssuedToFormerKolltanExecutiveForSettlementOfSeverance`	$209.00K	USD	1 Quarter
Shares issued to former Kolltan executive for settlement of severance	`SharesIssuedToFormerKolltanExecutiveForSettlementOfSeverance`	$38.00K	USD	1 Quarter

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