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Balance Sheets (USD $)
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Mar. 31, 2015
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Dec. 31, 2014
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| CURRENT ASSETS | ||
| Cash and Cash Equivalents | $ 4,616,529us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 2,590,713us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Restricted Cash - current | 100,000us-gaap_RestrictedCashAndCashEquivalents | 100,000us-gaap_RestrictedCashAndCashEquivalents |
| Contract Research Receivables | 30,109mtnb_ContractResearchReceivables | 0mtnb_ContractResearchReceivables |
| Prepaid Expenses | 93,626us-gaap_PrepaidExpenseAndOtherAssetsCurrent | 114,425us-gaap_PrepaidExpenseAndOtherAssetsCurrent |
| Total Current Assets | 4,840,264us-gaap_AssetsCurrent | 2,805,138us-gaap_AssetsCurrent |
| Fixed Assets - net | 339,036us-gaap_PropertyPlantAndEquipmentNet | 339,995us-gaap_PropertyPlantAndEquipmentNet |
| In-process research and development | 3,017,377us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill | 0us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill |
| Goodwill | 1,384,674us-gaap_Goodwill | 0us-gaap_Goodwill |
| Other assets including long term security deposit | 216,395us-gaap_OtherLongTermInvestments | 216,317us-gaap_OtherLongTermInvestments |
| TOTAL ASSETS | 9,797,746us-gaap_Assets | 3,361,450us-gaap_Assets |
| CURRENT LIABILITIES | ||
| Accounts Payable | 466,620us-gaap_AccountsPayableCurrent | 271,155us-gaap_AccountsPayableCurrent |
| Accrued Expenses | 780,840us-gaap_AccruedLiabilitiesCurrent | 802,746us-gaap_AccruedLiabilitiesCurrent |
| Deferred Rent Liability | 5,757us-gaap_DeferredRentCreditCurrent | 0us-gaap_DeferredRentCreditCurrent |
| Note Payable | 10,000us-gaap_NotesPayableCurrent | 0us-gaap_NotesPayableCurrent |
| Lease Liability | 44,636us-gaap_CapitalLeaseObligationsCurrent | 44,362us-gaap_CapitalLeaseObligationsCurrent |
| Total Current Liabilities | 1,307,853us-gaap_LiabilitiesCurrent | 1,118,263us-gaap_LiabilitiesCurrent |
| LONG TERM LIABILITIES | ||
| Deferred Tax Liability | 1,253,327us-gaap_DeferredTaxLiabilitiesCurrent | 0us-gaap_DeferredTaxLiabilitiesCurrent |
| Contingent Consideration | 843,674us-gaap_BusinessCombinationContingentConsiderationLiabilityCurrent | 0us-gaap_BusinessCombinationContingentConsiderationLiabilityCurrent |
| Lease Liability - Long Term | 0us-gaap_CapitalLeaseObligationsNoncurrent | 15,291us-gaap_CapitalLeaseObligationsNoncurrent |
| TOTAL LIABILITIES | 3,404,854us-gaap_Liabilities | 1,133,554us-gaap_Liabilities |
| STOCKHOLDERS' EQUITY | ||
| Common Stock Par Value $ 0.0001, 150,000,000 Authorized, 46,775,670 Issued and outstanding as of March 31, 2015; 32,292,650 Issued and outstanding as of December 31, 2014 | 4,679us-gaap_CommonStockValue | 3,230us-gaap_CommonStockValue |
| Additional Paid in Capital | 23,010,088us-gaap_AdditionalPaidInCapital | 16,276,430us-gaap_AdditionalPaidInCapital |
| Accumulated Deficit | (16,621,875)us-gaap_RetainedEarningsAccumulatedDeficit | (14,051,764)us-gaap_RetainedEarningsAccumulatedDeficit |
| Total Stockholders' Equity | 6,392,892us-gaap_StockholdersEquity | 2,227,896us-gaap_StockholdersEquity |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 9,797,746us-gaap_LiabilitiesAndStockholdersEquity | $ 3,361,450us-gaap_LiabilitiesAndStockholdersEquity |
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- Definition
It represents contract research receivables as on balance sheet date. No definition available.
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of liability recognized arising from contingent consideration in a business combination, expected to be settled within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of capital lease obligation due within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid more than one year (or one operating cycle, if longer) after the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For a classified balance sheet, the cumulative difference as of the balance sheet date between the payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, within one year of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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- Definition
Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other long-term investments not otherwise specified in the taxonomy, not including investments in marketable securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. This element is for unclassified presentations; for classified presentations there is a separate and distinct element. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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