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Consolidated Statements of Redeemable Convertible Preferred Stock, Convertible Preferred Stock and Stockholders’ Equity - USD ($)
MabVax Series A Redeemable Convertible Preferred Stock
MabVax Series B Redeemable Convertible Preferred Stock
MabVax Series C-1 Redeemable Convertible Preferred Stock
Series B Redeemable Convertible Preferred Stock
Total Redeemable Convertible Preferred Stock
MabVax Series A Convertible Preferred Stock
MabVax Series B Convertible Preferred Stock
Series A-1 Convertible Preferred Stock
Series C Convertible Preferred Stock
Series D & E Convertible Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance at Dec. 31, 2013 $ 5,787,906 $ 6,737,276 $ 0 $ 0 $ 12,525,182 $ 0 $ 0 $ 0 $ 0 $ 0 $ 2,305 $ 607,913 $ (13,972,552) $ (13,362,334)
Beginning balance (in shares) at Dec. 31, 2013 956,240 891,485 0 0   0 0 0 0 0 230,503      
Exercise of Series B warrant in January at $0.01 per share, amount $ 0 $ 1,942 $ 0 $ 0 1,942 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 0 0
Exercise of Series B warrant in January at $0.01 per share, shares 0 194,281 0 0   0 0 0 0 0 0      
Conversion of $240,000 in accounts payable into 44,466 shares of common stock on February 12, 2014, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 445 239,555 0 240,000
Conversion of $240,000 in accounts payable into 44,466 shares of common stock on February 12, 2014, shares 0 0 0 0   0 0 0 0 0 44,466      
Issuance of MabVax Series C-1 preferred stock in February at $0.84 per share, net of issuance costs of $126,345, amount $ 0 $ 0 $ 2,973,655 $ 0 2,973,655 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 0 0
Issuance of MabVax Series C-1 preferred stock in February at $0.84 per share, net of issuance costs of $126,345, shares 0 0 3,697,702 0   0 0 0 0 0 0      
Deemed dividend related to beneficial conversion feature of MabVax Series C-1 preferred $ 0 $ 0 $ 2,214,911 $ 0 2,214,911 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 (2,214,911) (2,214,911)
Issuance of common stock at $9.32 per share, net of issuance costs of $156,303 in June and July, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 3,263 2,881,070 0 2,884,333
Issuance of common stock at $9.32 per share, net of issuance costs of $156,303 in June and July, shares 0 0 0 0   0 0 0 0 0 326,264      
Reclassification of Series A and Series B to equity in June, amount $ (5,787,906) $ (6,739,218) $ 0 $ 0 (12,527,124) $ 5,787,906 $ 6,739,218 $ 0 $ 0 $ 0 $ 0 0 0 12,527,124
Reclassification of Series A and Series B to equity in June, shares (956,240) (1,085,766) 0 0   956,240 1,085,766 0 0 0 0      
Conversion of Series A to common stock on July 8, 2014, amount $ 0 $ 0 $ 0 $ 0 0 $ (5,787,906) $ 0 $ 0 $ 0 $ 0 $ 2,657 5,785,249 0 0
Conversion of Series A to common stock on July 8, 2014, shares 0 0 0 0   (956,240) 0 0 0 0 265,749      
Conversion of Series B to common stock on July 8, 2014, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ (6,739,218) $ 0 $ 0 $ 0 $ 3,017 6,736,201 0 0
Conversion of Series B to common stock on July 8, 2014, shares 0 0 0 0   0 (1,085,766) 0 0 0 301,746      
Accretion of redemption value for Series C-1 to July 8, 2014 $ 0 $ 0 $ 99,200 $ 0 99,200 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 (99,200) (99,200)
Exercise of Series C-1 warrant on July 7, 2014, amount $ 0 $ 0 $ 1,472,502 $ 0 (1,472,502) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 0 0
Exercise of Series C-1 warrant on July 7, 2014, shares 0 0 1,827,979 0   0 0 0 0 0 0      
Accretion of redemption value for Series C-1 warrant to July 8, 2014 $ 0 $ 0 $ 47,120 $ 0 47,120 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 (47,120) (47,120)
Conversion of Series C-1 into Series A-1 on July 8, 2014, amount $ 0 $ 0 $ (6,807,388) $ 0 (6,807,388) $ 0 $ 0 $ 6,807,388 $ 0 $ 0 $ 0 0 0 6,807,388
Conversion of Series C-1 into Series A-1 on July 8, 2014, shares 0 0 (5,525,681) 0   0 0 2,762,841 0 0 0      
Accretion of redemption value for Series A-1 from July 8 to December 31, 2014 $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 171,549 $ 0 $ 0 $ 0 0 (171,549) 0
Acquisition of MabVax Therapeutics Holdings (f.k.a. Telik, Inc.) at exchange ratio of 2.223284 shares of MabVax Therapeutics Holdings for every share of MabVax, including 4,205,411 common and 1,250,000 Series B preferred stock outstanding in July, amount $ 0 $ 0 $ 0 $ 1,710,902 1,710,902 $ 0 $ 0 $ 0 $ 0 $ 0 $ 5,729 4,699,997 0 4,705,726
Acquisition of MabVax Therapeutics Holdings (f.k.a. Telik, Inc.) at exchange ratio of 2.223284 shares of MabVax Therapeutics Holdings for every share of MabVax, including 4,205,411 common and 1,250,000 Series B preferred stock outstanding in July, shares 0 0 0 1,250,000   0 0 0 0 0 572,858      
Accretion of redemption value for Series B from May 12, 2014 $ 0 $ 0 $ 0 $ 127,123 127,123 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 (127,123) (127,123)
Exchange of common stock for Series C on September 3, 2014, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 1,190 $ 0 $ (1,487) 297 0 0
Exchange of common stock for Series C on September 3, 2014, shares 0 0 0 0   0 0 0 118,970 0 (148,713)      
Elimination of fractional shares resulting from Reverse Split on September 8, 2014 $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 (293) 0 (293)
Conversion of Series A-1 into common stock from November 13 to December 31, 2014, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ (2,949,361) $ 0 $ 0 $ 6,933 2,942,428 0 0
Conversion of Series A-1 into common stock from November 13 to December 31, 2014, shares 0 0 0 0   0 0 (1,169,452) 0 0 693,335      
Conversion of Series C into common stock from October to December 2014, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ (224) $ 0 $ 280 (56) 0 $ 0
Conversion of Series C into common stock from October to December 2014, shares 0 0 0 0   0 0 0 (22,399) 0 28,000      
Stock option exercise, shares                           0
Shares issued in connection with exercise of warrants on a cashless basis, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 4,887 (4,887) 0 $ 0
Shares issued in connection with exercise of warrants on a cashless basis, shares 0 0 0 0   0 0 0 0 0 488,659      
Elimination of warrant liability in exchange transaction                           0
Stock-based compensation $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 604,976 0 604,976
Net loss 0 0 0 0 0 0 0 0 0 0 0 0 (7,917,853) (7,917,853)
Ending balance at Dec. 31, 2014 $ 0 $ 0 $ 0 $ 1,838,025 1,838,025 $ 0 $ 0 $ 4,029,576 $ 966 $ 0 $ 28,029 24,492,450 (24,550,308) 4,000,713
Ending balance (in shares) at Dec. 31, 2014 0 0 0 1,250,000   0 0 1,593,389 96,571 0 2,802,867      
Conversion of Series A-1 into common stock on January 10 and February 25, 2015, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ (162,968) $ 0 $ 0 $ 384 162,584 0 0
Conversion of Series A-1 into common stock on January 10 and February 25, 2015, shares 0 0 0 0   0 0 (64,019) 0 0 38,456      
Conversion of Series C into common stock on January 10, 2015, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ (966) $ 0 $ 1,207 (241) 0 0
Conversion of Series C into common stock on January 10, 2015, shares 0 0 0 0   0 0 0 (96,571) 0 120,714      
Conversion of Series B into common stock between March 3 and March 20, 2015, amount $ 0 $ 0 $ 0 $ (160,380) (160,380) $ 0 $ 0 $ 0 $ 0 $ 0 $ 2,769 157,611 0 160,380
Conversion of Series B into common stock between March 3 and March 20, 2015, shares 0 0 0 (106,437)   0 0 0 0 0 276,883      
Accretion of redemption value for Series A-1 from January 1 to March 25, 2015 $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 47,749 $ 0 $ 0 $ 0 0 (47,749) 0
Accretion of redemption value for Series B from January 1 to March 25, 2015 0 0 0 45,485 45,485 0 0 0 0 0 0 0 (45,485) (45,485)
Deemed dividend related to exchange of common stock for Series A-1, Series A-1 Warrants, and Series B on March 25, 2015 0 0 0 8,655,998 8,655,998 0 0 9,196,923 0 0 0 0 (17,852,921) (8,655,998)
Exchange of Series A-1 and Series A-1 Warrants into common and Series D on March 25, 2015, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ (13,111,280) $ 0 $ 1,176 $ 22,134 13,087,970 0 0
Exchange of Series A-1 and Series A-1 Warrants into common and Series D on March 25, 2015, shares 0 0 0 0   0 0 (1,529,370) 0 117,583 2,213,407      
Exchange of Series B into Common and Series D on March 25, 2015, amount $ 0 $ 0 $ 0 $ (10,379,128) (10,379,128) $ 0 $ 0 $ 0 $ 0 $ 1,206 $ 3,241 10,374,681 0 10,379,128
Exchange of Series B into Common and Series D on March 25, 2015, shares 0 0 0 (1,143,563)   0 0 0 0 120,573 324,095      
Private Placement Issuance of 6,661,000 shares at $0.75 per share, net of issuance costs of $281,023 on March 31, 2015, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 66,610 4,648,116 0 4,714,726
Private Placement Issuance of 6,661,000 shares at $0.75 per share, net of issuance costs of $281,023 on March 31, 2015, shares 0 0 0 0   0 0 0 0 0 6,661,000      
Issuance of additional common stock in March 2015 under common stock Purchase Agreement in relation to financing on July 7, 2014, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 881 (881) 0 0
Issuance of additional common stock in March 2015 under common stock Purchase Agreement in relation to financing on July 7, 2014, shares 0 0 0 0   0 0 0 0 0 88,093      
Private Placement Issuance of 5,624,998 shares at $0.75 per share, net of issuance costs of $387,127 on April 10, 2015, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 56,250 3,775,372 0 3,831,622
Private Placement Issuance of 5,624,998 shares at $0.75 per share, net of issuance costs of $387,127 on April 10, 2015, shares 0 0 0 0   0 0 0 0 0 5,624,998      
Private Placement Issuance of 33,333 shares at $75 per share of Series E Preferred Stock on April 10, 2015, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 333 $ 0 2,499,667 0 2,500,000
Private Placement Issuance of 33,333 shares at $75 per share of Series E Preferred Stock on April 10, 2015, shares 0 0 0 0   0 0 0 0 33,333 0      
Issuance of restricted common stock in April 2015 for services, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 18,315 1,894,135 0 1,912,450
Issuance of restricted common stock in April 2015 for services, shares 0 0 0 0   0 0 0 0 0 1,831,500      
Issuance of restricted common stock to former board member on April 3, 2015 upon termination, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 200 45,800 0 46,000
Issuance of restricted common stock to former board member on April 3, 2015 upon termination, shares 0 0 0 0   0 0 0 0 0 20,000      
Conversion of Series D Preferred Stock to common stock, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ (467) $ 46,665 (46,198) 0 0
Conversion of Series D Preferred Stock to common stock, shares 0 0 0 0   0 0 0 0 (46,665) 4,666,500      
Stock option exercise, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 28 772 0 $ 800
Stock option exercise, shares 0 0 0 0   0 0 0 0 0 2,779     2,779
Shares issued in connection with exercise of warrants on a cashless basis, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 12,198 (12,198) 0 $ 0
Shares issued in connection with exercise of warrants on a cashless basis, shares 0 0 0 0   0 0 0 0 0 1,219,780      
Elimination of warrant liability in exchange transaction $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 72,656 0 72,656
Issuance of shares in registered offering in October 2015, net of issuance costs, amount $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0        
Issuance of shares in registered offering in October 2015, net of issuance costs, shares 0 0 0 0   0 0 0 0 0        
Stock-based compensation $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 4,463,695 0 4,463,695
Net loss 0 0 0 0   0 0 0 0 0 0 0 (18,105,315) (18,105,315)
Ending balance at Dec. 31, 2015 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 2,248 $ 283,911 $ 67,754,383 $ (60,601,778) $ 7,438,764
Ending balance (in shares) at Dec. 31, 2015 0 0 0 0   0 0 0 0 224,824 28,391,072