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Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | Quarterly Financial Information (Unaudited) The following is a summary of the quarterly results of operations of the Company for the years ended December 31, 2012 and 2011 (unaudited):
| Quarter Ended |  | Quarter Ended |  | Quarter Ended |  | Quarter Ended
| December 31, 2012 |  | September 30, 2012 |  | June 30, 2012 |  | March 31, 2012
Consolidated Statements of Operations: |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |
License fee and milestone revenue | $ | 120,546 |  |  | $ | 128,745 |  |  | $ | 127,157 |  |  | $ | 131,088 |
Revenue under collaborative research and development arrangements | 36,233 |  |  | 116,234 |  |  | — |  |  | — |
Grants and miscellaneous revenue | 977,974 |  |  | 609,717 |  |  | 308,925 |  |  | 1,562,033 |
Total revenues | 1,134,753 |  |  | 854,696 |  |  | 436,082 |  |  | 1,693,121 |
Operating Expenses: |  |  |  |  |  |  |
Research and development | 4,442,841 |  |  | 4,972,319 |  |  | 4,527,086 |  |  | 4,042,579 |
General and administrative | 2,919,000 |  |  | 2,674,362 |  |  | 2,696,909 |  |  | 2,488,088 |
Gain on sale of assets | — |  |  | (500,000 | ) |  | — |  |  | (651,000 | )
Total operating expenses | 7,361,841 |  |  | 7,146,681 |  |  | 7,223,995 |  |  | 5,879,667 |
Loss from operations | (6,227,088 | ) |  | (6,291,985 | ) |  | (6,787,913 | ) |  | (4,186,546 | )
Interest and other income, net | 56,520 |  |  | 37,013 |  |  | 41,036 |  |  | 31,544 |
Change in fair value of common stock warrants | 3,049,649 |  |  | (1,113,638 | ) |  | 3,594,782 |  |  | (3,548,173 | )
Gain (Loss) from investment in affiliated entity | 2,449,615 |  |  | 736,121 |  |  | (992,373 | ) |  | (561,544 | )
Net loss | (671,304 | ) |  | (6,632,489 | ) |  | (4,144,468 | ) |  | (8,264,719 | )
Net loss attributable to non-controlling interest | 12,553 |  |  | 10,413 |  |  | 11,289 |  |  | 9,770 |
Net loss attributable to Inovio Pharmaceuticals, Inc. | $ | (658,751 | ) |  | $ | (6,622,076 | ) |  | $ | (4,133,179 | ) |  | $ | (8,254,949 | )
Loss per common share—basic and diluted: |  |  |  |  |  |  |
Net loss attributable to Inovio Pharmaceuticals, Inc. stockholders | $ | — |  |  | $ | (0.05 | ) |  | $ | (0.03 | ) |  | $ | (0.06 | )
Weighted average number of common shares—basic and diluted | 140,704,889 |  |  | 135,389,308 |  |  | 134,968,394 |  |  | 134,968,394 |
| Quarter Ended |  | Quarter Ended |  | Quarter Ended |  | Quarter Ended
| December 31, 2011 |  | September 30, 2011 |  | June 30, 2011 |  | March 31, 2011
Consolidated Statements of Operations: |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |
License fee and milestone revenue | $ | 132,936 |  |  | $ | 183,138 |  |  | $ | 131,664 |  |  | $ | 120,118 |
Grants and miscellaneous revenue | 1,499,732 |  |  | 2,454,423 |  |  | 2,288,099 |  |  | 2,985,147 |
Total revenues | 1,632,668 |  |  | 2,637,561 |  |  | 2,419,763 |  |  | 3,105,265 |
Operating Expenses: |  |  |  |  |  |  |
Research and development | 4,158,400 |  |  | 6,987,824 |  |  | 4,463,978 |  |  | 4,421,799 |
General and administrative | 3,253,990 |  |  | 2,323,188 |  |  | 3,092,386 |  |  | 3,319,232 |
Gain on sale of assets | — |  |  | (337,000 | ) |  | — |  |  | (250,000 | )
Total operating expenses | 7,412,390 |  |  | 8,974,012 |  |  | 7,556,364 |  |  | 7,491,031 |
Loss from operations | (5,779,722 | ) |  | (6,336,451 | ) |  | (5,136,601 | ) |  | (4,385,766 | )
Interest and other income, net | 18,893 |  |  | 5,738 |  |  | 7,799 |  |  | 1,855 |
Change in fair value of common stock warrants | 1,113,076 |  |  | 346,956 |  |  | 4,898,758 |  |  | 2,331,868 |
(Loss) Gain from investment in affiliated entity | (840,436 | ) |  | 1,427,176 |  |  | (2,607,227 | ) |  | (370,011 | )
Net loss | (5,488,189 | ) |  | (4,556,581 | ) |  | (2,837,271 | ) |  | (2,422,054 | )
Net loss attributable to non-controlling interest | 11,948 |  |  | 14,649 |  |  | 15,112 |  |  | 9,441 |
Net loss attributable to Inovio Pharmaceuticals, Inc. | $ | (5,476,241 | ) |  | $ | (4,541,932 | ) |  | $ | (2,822,159 | ) |  | $ | (2,412,613 | )
Loss per common share—basic and diluted: |  |  |  |  |  |  |
Net loss attributable to Inovio Pharmaceuticals, Inc. stockholders | $ | (0.04 | ) |  | $ | (0.04 | ) |  | $ | (0.02 | ) |  | $ | (0.02 | )
Weighted average number of common shares—basic and diluted | 129,382,305 |  |  | 127,256,907 |  |  | 127,256,364 |  |  | 120,922,577 |

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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