XML 46 R30.htm IDEA: XBRL DOCUMENT
v3.6.0.2

STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Stockholders' Equity Note [Abstract] |
Schedule of warrant activity | Summary of our Warrant activity during the year ended December 31, 2016:
|  | Number of Shares Under Warrants |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life in Years |  |  | Aggregate Intrinsic Value |
Balance at December 31, 2015 |  |  | 12,722,431 |  |  | $ | 1.93 |  |  |  | 1.7 |  |  | $ | 107,344,752 |
Granted |  |  | 245,000 |  |  | $ | 7.90 |  |  |  |  |  |  |  |  |
Exercised |  |  | (722,744 | ) |  | $ | 1.90 |  |  |  |  |  |  | $ | 3,988,343 |
Expired |  |  | (184,616 | ) |  | $ | 0.41 |  |  |  |  |  |  |  |  |
Cancelled/Forfeited |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at December 31, 2016 |  |  | 12,060,071 |  |  | $ | 2.08 |  |  |  | 1.0 |  |  | $ | 45,063,867 |
Vested and Exercisable at December 31, 2016 |  |  | 11,733,410 |  |  | $ | 2.06 |  |  |  | 1.0 |  |  | $ | 43,998,535 |
Unvested at December 31, 2016 |  |  | 326,661 |  |  | $ | 2.81 |  |  |  | 1.7 |  |  | $ | 1,065,332
Schedule of assumptions used in the Black-Scholes Model of warrants | The weighted average fair value per share of warrants issued and the assumptions used in the Black-Scholes Model during the years ended December 31, 2016, 2015 and 2014 are set forth in the table below.
| 2016 |  | 2015 |  | 2014
Weighted average price | $7.90 |  | $6.35 |  | n/a
Weighted average grant date fair value | $4.78 |  | $3.27 |  | n/a
Risk-free interest rate | 1.04-1.28% |  | 1.02% |  | n/a
Volatility | 74.10-74.15% |  | 60.59% |  | n/a
Term (in years) | 5 |  | 5 |  | n/a
Dividend yield | 0.00% |  | 0.00% |  | n/a
Schedule of assumptions used in the Black-Scholes Model of stock options | The ranges of assumptions used in the Black-Scholes Model during the years ended December 31, 2016, 2015, and 2014 are set forth in the table below.
| 2016 |  | 2015 |  | 2014
Risk-free interest rate | 1.13-1.90% |  | 1.47-1.67% |  | 0.07-1.77%
Volatility | 70.26-73.34% |  | 58.78-62.94% |  | 68.05-82.29%
Term (in years) | 5.5-6.25 |  | 5.27-6.25 |  | 5-6.25
Dividend yield | 0.00% |  | 0.00% |  | 0.00%
Schedule of plan activity | A summary of activity under the 2009 and 2012 Plans and related information during the year ended December 31, 2016 is as follows:
|  | Number of Shares Under Options |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life in Years |  |  | Aggregate Intrinsic Value |
Balance at December 31, 2015 |  |  | 20,725,325 |  |  | $ | 3.28 |  |  |  | 6.5 |  |  | $ | 146,864,184 |
Granted |  |  | 1,732,500 |  |  | $ | 6.22 |  |  |  |  |  |  |  |  |
Exercised |  |  | (652,471 | ) |  | $ | 1.91 |  |  |  |  |  |  | $ | 3,828,358 |
Expired |  |  | (5,750 | ) |  | $ | 4.76 |  |  |  |  |  |  |  |  |
Cancelled/Forfeited |  |  | (31,750 | ) |  | $ | 6.38 |  |  |  |  |  |  |  |  |
Balance at December 31, 2016 |  |  | 21,767,854 |  |  | $ | 3.56 |  |  |  | 5.8 |  |  | $ | 60,495,730 |
Vested and Exercisable at December 31, 2016 |  |  | 18,633,479 |  |  | $ | 3.09 |  |  |  | 5.3 |  |  | $ | 59,382,849 |
Unvested at December 31, 2016 |  |  | 3,134,375 |  |  | $ | 6.29 |  |  |  | 9.0 |  |  | $ | 1,112,881 |

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of warrants, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
Name: | txmd_ScheduleOfShareBasedPaymentAwardWarrantsValuationAssumptionsTableTextBlock
Namespace Prefix: | txmd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for warrants that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of warrants that were granted, exercised, forfeited, and expired during the year. + References No definition available. + Details
Name: | txmd_ScheduleOfWarrantRollForwardTableTextBlock
Namespace Prefix: | txmd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration