XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 4,739,472us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,477,143us-gaap_CashAndCashEquivalentsAtCarryingValue
Grants receivable 239,539us-gaap_GrantsReceivableCurrent 84,344us-gaap_GrantsReceivableCurrent
Prepaid expenses 302,155us-gaap_PrepaidExpenseCurrent 334,629us-gaap_PrepaidExpenseCurrent
Other current assets 400us-gaap_OtherAssetsCurrent 14,675us-gaap_OtherAssetsCurrent
Total current assets 5,281,566us-gaap_AssetsCurrent 1,910,791us-gaap_AssetsCurrent
Property and equipment, net 81,597us-gaap_PropertyPlantAndEquipmentNet 57,053us-gaap_PropertyPlantAndEquipmentNet
Goodwill 6,826,003us-gaap_Goodwill 6,826,003us-gaap_Goodwill
Other long term assets 11,017us-gaap_OtherAssetsNoncurrent 11,017us-gaap_OtherAssetsNoncurrent
Total assets 12,200,183us-gaap_Assets 8,804,864us-gaap_Assets
Current liabilities:    
Accounts payable 2,066,431us-gaap_AccountsPayableCurrent 1,313,247us-gaap_AccountsPayableCurrent
Accrued compensation 318,815us-gaap_EmployeeRelatedLiabilitiesCurrent 230,381us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued clinical operations and site costs 516,957us-gaap_AccruedLiabilitiesCurrent 494,110us-gaap_AccruedLiabilitiesCurrent
Accrued lease contingency fee 590,504mbvx_AccruedContingentLeaseTerminationFee 590,504mbvx_AccruedContingentLeaseTerminationFee
Other accrued expenses 445,904us-gaap_OtherAccruedLiabilitiesCurrent 245,421us-gaap_OtherAccruedLiabilitiesCurrent
Warrant liability    92,463mbvx_FairValueOfWarrantLiability
Total current liabilities 3,938,611us-gaap_LiabilitiesCurrent 2,966,126us-gaap_LiabilitiesCurrent
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock, value    1,838,025us-gaap_TemporaryEquityCarryingAmountAttributableToParent
Stockholders' equity:    
Common stock 125,255us-gaap_CommonStockValue 28,029us-gaap_CommonStockValue
Additional paid-in capital 53,077,718us-gaap_AdditionalPaidInCapitalCommonStock 24,492,450us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (44,943,783)us-gaap_RetainedEarningsAccumulatedDeficit (24,550,308)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 8,261,572us-gaap_StockholdersEquity 4,000,713us-gaap_StockholdersEquity
Total liabilities, redeemable convertible preferred stock and stockholders' equity 12,200,183us-gaap_LiabilitiesAndStockholdersEquity 8,804,864us-gaap_LiabilitiesAndStockholdersEquity
Redeemable Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock, value     
Series A-1 Convertible Preferred Stock [Member]    
Stockholders' equity:    
Convertible preferred stock    4,029,576us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= mbvx_SeriesA1ConvertiblePreferredStockMember
Series C Convertible Preferred Stock [Member]    
Stockholders' equity:    
Convertible preferred stock    966us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= mbvx_SeriesCConvertiblePreferredStockMember
Series D Convertible Preferred Stock [Member]    
Stockholders' equity:    
Convertible preferred stock $ 2,382us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= mbvx_SeriesDConvertiblePreferredStockMember