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Note 7 - Acquisition of EGEN, Inc. (Details) - Fair Value of Consideration (USD $)
9 Months Ended 0 Months Ended 1 Months Ended
Sep. 30, 2014
Jun. 06, 2014
EGEN, Inc. [Member]
Jun. 20, 2014
EGEN, Inc. [Member]
Consideration Paid at Closing      
Cash, net of cash acquired $ 2,849,760   $ 2,821,000
Celsion common stock (2,712,188 shares valued at $3.48 which was the last closing price of our common stock at the time of closing the transaction on June 20, 2014)     9,438,000
Future Consideration      
Holdback Shares (670,070 shares of Celsion common stock which were discounted by 38% to reflect the cost of the restriction)     1,441,000
Earnout Payments (at fair value*)     13,878,000 [1]
Total fair value of consideration   $ 27.6 $ 27,578,000
[1] The difference between the aggregate $30.4 million in future Earnout Payments and the $13.9 million included in the fair value of the acquisition consideration was based on the Company's risk-adjusted assessment of each milestone and utilizing a discount rate based on the estimated time to achieve the milestone. These milestone payments will be fair valued at the end of each quarter and any changein their value will be recognized in the financial statement. The Company assessed the fair value of these milestones at September 30, 2014 and concluded there was no change in the fair value from June 30, 2014.