XML 46 R35.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Research and Development and License Agreements (Details)
£ in Thousands
3 Months Ended
Mar. 27, 2024
USD ($)
Jan. 01, 2024
USD ($)
Feb. 01, 2023
USD ($)
Jan. 31, 2023
USD ($)
Apr. 21, 2022
USD ($)
Mar. 09, 2022
USD ($)
Sep. 17, 2021
USD ($)
Mar. 19, 2018
USD ($)
Jun. 06, 2017
GBP (£)
Mar. 31, 2024
USD ($)
Mar. 31, 2023
USD ($)
Mar. 31, 2022
USD ($)
Research and Development and License Agreements [Line Items]                        
Upfront fee     $ 1,286,000 $ 326,000       $ 150,000        
Milestone payments               $ 150,000        
Notice period for terminating               90 days        
License agreement                       $ 1,500,000
Service fees   $ 343,467                    
Research and development expenses                   $ 1,613,275 $ 1,235,614  
Research service fees $ 1,845,260                      
License [Member]                        
Research and Development and License Agreements [Line Items]                        
Milestone payments               $ 300,000        
MedPharm License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Aggregate milestone payments (in Pounds) | £                 £ 1,150      
Nanomerics Collaboration Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Milestone payments                   103,000,000    
Amended Nanomerics License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Milestone payments           $ 5,500,000            
Additional milestone payments           999,999            
Nanomerics License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Milestone payments         $ 500,000              
Upfront milestone payment             $ 200,000          
Yissum Research Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Upfront fee       $ 81,500                
Research and development expenses                   85,867 81,500  
Commercial Milestone [Member] | Amended Nanomerics License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Milestone payments           $ 112,500,000            
Commercial Milestone [Member] | Nanomerics License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Royalty payments             $ 41,000,000          
Maximum [Member]                        
Research and Development and License Agreements [Line Items]                        
Milestone payments               $ 19,800,000        
Maximum [Member] | Amended Nanomerics License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Profit share arrangement percentage           40.00%            
Percentage of royalties           15.00%            
Maximum [Member] | Nanomerics License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Percentage of royalties             15.00%          
Minimum [Member] | Amended Nanomerics License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Profit share arrangement percentage           30.00%            
Percentage of royalties           5.00%            
Minimum [Member] | Nanomerics License Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Percentage of royalties             5.00%          
Lipocure Agreement [Member]                        
Research and Development and License Agreements [Line Items]                        
Upfront fee     $ 321,500                  
Research and development expenses                   $ 711,315 $ 270,000