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Subsequent Events
9 Months Ended
Sep. 30, 2014
Subsequent Events [Abstract]  
Subsequent Events

Note 10. Subsequent Events

On November 10, 2014, we granted certain licenses and sold certain assets to Takara Bio Inc., a Japanese public company, so that it could sell the “SC Proven” research tools on a worldwide and exclusive basis beginning January 1, 2015. As consideration, we will receive $800,000, payable on or before November 24, 2014. In the transaction, Takara Bio acquired from Stem Cell Sciences the SC Proven trademarks and business records, as well as field-based license rights under our tools related patents. The licensed field is limited to the sale of products to researchers and does not include any therapeutic or drug screening rights or the right to develop and commercialize genetically engineered animals. In connection with this transaction, we anticipate winding down the Stem Cell Sciences businesses after we dispose of remaining inventory and complete tech transfer to Takara Bio.