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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified |
Dec. 31, 2014
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Dec. 31, 2013
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| Current assets: | ||
| Cash and cash equivalents | $ 3,970us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 1,034us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Accounts receivable | 122us-gaap_AccountsReceivableNetCurrent | |
| Marketable securities | 1,975us-gaap_MarketableSecurities | |
| Prepaid and other current assets | 144us-gaap_PrepaidExpenseAndOtherAssetsCurrent | 139us-gaap_PrepaidExpenseAndOtherAssetsCurrent |
| Mortgage note receivable, current portion | 165cocp_MortgageNoteReceivableCurrentPortion | |
| Total current assets | 6,376us-gaap_AssetsCurrent | 1,173us-gaap_AssetsCurrent |
| Property and equipment, net | 284us-gaap_PropertyPlantAndEquipmentNet | 469us-gaap_PropertyPlantAndEquipmentNet |
| Deposits | 31us-gaap_DepositsAssets | 19us-gaap_DepositsAssets |
| Mortgage note receivable, long-term portion | 2,431cocp_MortgageNoteReceivableLongtermPortion | |
| In process research and development | 184,966us-gaap_DeferredTaxAssetsInProcessResearchAndDevelopment | |
| Goodwill | 65,195us-gaap_Goodwill | |
| Total Assets | 259,283us-gaap_Assets | 1,661us-gaap_Assets |
| Current liabilities: | ||
| Accounts payable | 299us-gaap_AccountsPayableCurrent | 224us-gaap_AccountsPayableCurrent |
| Accrued expenses | 394us-gaap_AccruedLiabilitiesCurrent | 139us-gaap_AccruedLiabilitiesCurrent |
| Derivative liabilities | 8,464us-gaap_DerivativeLiabilities | 23us-gaap_DerivativeLiabilities |
| Total current liabilities | 9,157us-gaap_LiabilitiesCurrent | 386us-gaap_LiabilitiesCurrent |
| Deferred rent | 62us-gaap_DeferredRentCredit | |
| Deferred tax liability | 65,195us-gaap_DeferredTaxLiabilitiesNoncurrent | |
| Total long-term liabilities | 65,257us-gaap_LongTermDebt | |
| Total liabilities | 74,414us-gaap_Liabilities | 386us-gaap_Liabilities |
| Commitments and contingencies | ||
| Cocrystal Discovery, Inc. Series A convertible preferred stock, $0.001 par value; 7,150 shares authorized; 0 and 7,046 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively; liquidation preference of $14,000 as of December 31, 2013, owned by Cocrystal Discovery shareholders, converted in the merger with Biozone. | 10,108us-gaap_PreferredStockValue | |
| Series A convertible preferred stock, $0.001 par value; 1,000 shares authorized, issued and outstanding at December 31, 2014, issued in the merger with RFS Pharma, LLC | 178,218cocp_SeriesConvertiblePreferredStock0.001ParValue1000SharesAuthorizedIssuedAndOutstandingAtDecember312014IssuedInMergerWithRfsPharmaLlc | |
| Shareholders' equity | ||
| Series B convertible preferred stock, $.001 par value; 5,000 shares authorized; 1,000 and 279 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively | 1cocp_SeriesBConvertiblePreferredStock.001ParValue5000SharesAuthorized1000And279SharesIssuedAndOutstandingAtDecember312014AndDecember312013Respectively | |
| Common stock, $.001 par value; 200,000 and 262,186 shares authorized, 122,494 and 0 shares issued and outstanding as of December 31, 2014 and December 31, 2013, respectively | 123us-gaap_CommonStockValue | |
| Additional paid-in capital | 18,725us-gaap_AdditionalPaidInCapital | 3,502us-gaap_AdditionalPaidInCapital |
| Accumulated other comprehensive income, net of tax | 236us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax | |
| Accumulated deficit | (12,434)us-gaap_RetainedEarningsAccumulatedDeficit | (12,335)us-gaap_RetainedEarningsAccumulatedDeficit |
| Total stockholders' equity (deficit) | 6,651us-gaap_StockholdersEquity | (8,833)us-gaap_StockholdersEquity |
| Total liabilities and stockholders' equity (deficit) | $ 259,283us-gaap_LiabilitiesAndStockholdersEquity | $ 1,661us-gaap_LiabilitiesAndStockholdersEquity |
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custom:MortgageNoteReceivableCurrentPortion No definition available.
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custom:MortgageNoteReceivableLongtermPortion No definition available.
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- Definition
custom:SeriesBConvertiblePreferredStock.001ParValue5000SharesAuthorized1000And279SharesIssuedAndOutstandingAtDecember312014AndDecember312013Respectively No definition available.
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- Definition
custom:SeriesConvertiblePreferredStock0.001ParValue1000SharesAuthorizedIssuedAndOutstandingAtDecember312014IssuedInMergerWithRfsPharmaLlc No definition available.
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Accumulated appreciation or loss, net of tax, in value of the total of available-for-sale securities at the end of an accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property by the lessor or lessee, respectively. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from in-process research and development costs expensed in connection with a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value of amounts transferred to third parties for security purposes that are expected to be returned or applied towards payment in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total debt and equity financial instruments including: (1) securities held-to-maturity, (2) trading securities, and (3) securities available-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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