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Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
Schedule of quarterly financial information (unaudited) | The following is a summary of the quarterly results of operations of the Company for the years ended December 31, 2015 and 2014 (unaudited):
| Quarter Ended |  | Quarter Ended |  | Quarter Ended |  | Quarter Ended
| December 31, 2015 |  | September 30, 2015 |  | June 30, 2015 |  | March 31, 2015
Consolidated Statements of Operations: |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |
Revenue under collaborative research and development arrangements | $ | 1,820,643 |  |  | $ | 16,475,083 |  |  | $ | 4,335,236 |  |  | $ | 4,245,571 |
Revenue under collaborative research and development arrangements with affiliated entity | 375,000 |  |  | 125,000 |  |  | 166,667 |  |  | 112,500 |
Grants and miscellaneous revenue | 3,739,919 |  |  | 7,583,151 |  |  | 784,775 |  |  | 808,566 |
Total revenues | 5,935,562 |  |  | 24,183,234 |  |  | 5,286,678 |  |  | 5,166,637 |
Operating Expenses: |  |  |  |  |  |  |
Research and development | 15,601,891 |  |  | 16,075,201 |  |  | 16,688,511 |  |  | 9,426,320 |
General and administrative | 4,860,086 |  |  | 4,377,616 |  |  | 4,718,260 |  |  | 4,107,928 |
Gain on sale of assets | — |  |  | — |  |  | (1,000,000 | ) |  | — |
Total operating expenses | 20,461,977 |  |  | 20,452,817 |  |  | 20,406,771 |  |  | 13,534,248 |
Income (Loss) from operations | (14,526,415 | ) |  | 3,730,417 |  |  | (15,120,093 | ) |  | (8,367,611 | )
Interest and other income, net | (194,519 | ) |  | 214,982 |  |  | 146,332 |  |  | 138,276 |
Change in fair value of common stock warrants | (290,316 | ) |  | 518,877 |  |  | (49,773 | ) |  | (1,227 | )
Gain (Loss) from investment in affiliated entity | (3,249,315 | ) |  | (659,054 | ) |  | 8,861,145 |  |  | (2,352,309 | )
Net income (loss) before income tax benefit | (18,260,565 | ) |  | 3,805,222 |  |  | (6,162,389 | ) |  | (10,582,871 | )
Income tax benefit | 308,520 |  |  | 1,789,246 |  |  | — |  |  | — |
Net income (loss) | (17,952,045 | ) |  | 5,594,468 |  |  | (6,162,389 | ) |  | (10,582,871 | )
Net (income) loss attributable to non-controlling interest | — |  |  | — |  |  | (85,861 | ) |  | 1,092 |
Net income (loss) attributable to Inovio Pharmaceuticals, Inc. | $ | (17,952,045 | ) |  | $ | 5,594,468 |  |  | $ | (6,248,250 | ) |  | $ | (10,581,779 | )
Net income (loss) per common share attributable to Inovio Pharmaceuticals, Inc. stockholders |  |  |  |  |  |  |
Basic | $ | (0.25 | ) |  | $ | 0.08 |  |  | $ | (0.09 | ) |  | $ | (0.17 | )
Diluted | $ | (0.25 | ) |  | $ | 0.07 |  |  | $ | (0.09 | ) |  | $ | (0.18 | )
Weighted average number of common shares outstanding used in per share calculations: |  |  |  |  |  |  |
Basic | 72,194,504 |  |  | 72,029,644 |  |  | 67,655,975 |  |  | 60,741,082 |
Diluted | 72,194,504 |  |  | 73,961,237 |  |  | 67,838,738 |  |  | 60,913,423 |
| Quarter Ended |  | Quarter Ended |  | Quarter Ended |  | Quarter Ended
| December 31, 2014 |  | September 30, 2014 |  | June 30, 2014 |  | March 31, 2014
Consolidated Statements of Operations: |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |
Revenue under collaborative research and development arrangements | $ | 1,758,108 |  |  | $ | 1,114,952 |  |  | $ | 3,107,781 |  |  | $ | 1,435,727 |
Revenue under collaborative research and development arrangements with affiliated entity | 112,500 |  |  | 112,500 |  |  | 137,500 |  |  | 116,964 |
Grants and miscellaneous revenue | 586,500 |  |  | 612,901 |  |  | 556,381 |  |  | 804,952 |
Total revenues | 2,457,108 |  |  | 1,840,353 |  |  | 3,801,662 |  |  | 2,357,643 |
Operating Expenses: |  |  |  |  |  |  |
Research and development | 9,244,473 |  |  | 7,017,805 |  |  | 9,607,281 |  |  | 8,225,480 |
General and administrative | 4,224,429 |  |  | 3,153,714 |  |  | 4,347,327 |  |  | 4,132,218 |
Total operating expenses | 13,468,902 |  |  | 10,171,519 |  |  | 13,954,608 |  |  | 12,357,698 |
Loss from operations | (11,011,794 | ) |  | (8,331,166 | ) |  | (10,152,946 | ) |  | (10,000,055 | )
Interest and other income, net | 113,212 |  |  | 97,174 |  |  | 68,999 |  |  | 52,076 |
Change in fair value of common stock warrants | 143,659 |  |  | (113,980 | ) |  | 824,390 |  |  | (505,926 | )
Gain (Loss) from investment in affiliated entity | 3,342,436 |  |  | 1,168,911 |  |  | (1,458,160 | ) |  | (376,963 | )
Net loss | (7,412,487 | ) |  | (7,179,061 | ) |  | (10,717,717 | ) |  | (10,830,868 | )
Net loss attributable to non-controlling interest | 1,083 |  |  | 1,486 |  |  | 6,443 |  |  | 9,408 |
Net loss attributable to Inovio Pharmaceuticals, Inc. | $ | (7,411,404 | ) |  | $ | (7,177,575 | ) |  | $ | (10,711,274 | ) |  | $ | (10,821,460 | )
Net loss per common share attributable to Inovio Pharmaceuticals, Inc. stockholders |  |  |  |  |  |  |
Basic | $ | (0.12 | ) |  | $ | (0.12 | ) |  | $ | (0.18 | ) |  | $ | (0.20 | )
Diluted | $ | (0.12 | ) |  | $ | (0.12 | ) |  | $ | (0.19 | ) |  | $ | (0.20 | )
Weighted average number of common shares outstanding used in per share calculations: |  |  |  |  |  |  |
Basic | 60,610,367 |  |  | 60,392,911 |  |  | 60,232,498 |  |  | 55,159,002 |
Diluted | 60,805,871 |  |  | 60,602,831 |  |  | 60,474,859 |  |  | 55,159,002 |

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + 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=35737889&loc=d3e1280-108306 + Details
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