Emmaus Life Sciences, Inc. Current report filing

Current report filing

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

COMMITMENTS AND CONTINGENCIES (Details Narrative)

v3.19.2

COMMITMENTS AND CONTINGENCIES (Details Narrative) - Telcon, Inc. ("Telcon") [Member] ₩ / shares in Units, $ / shares in Units, $ in Millions						1 Months Ended
	Oct. 31, 2018 $ / shares	Sep. 29, 2017 $ / shares shares	Jul. 12, 2017 USD ($) Number kg $ / kg	Jun. 12, 2017 USD ($) $ / shares shares	Jun. 12, 2017 KRW (₩) ₩ / shares	Jul. 31, 2017 USD ($)	Jul. 31, 2017 KRW (₩) ₩ / shares	Jun. 30, 2019 $ / shares $ / kg	Jun. 30, 2019 ₩ / shares $ / kg	Dec. 31, 2018 $ / shares	Dec. 31, 2018 ₩ / shares
Investment						$ 31.8	₩ 36,001,446,221
Investment, in per share \| ₩ / shares							₩ 5,419
Investment, closing price \| (per share)								$ 4.95	₩ 5,730	$ 7.43	₩ 8,280
Number of shares purchased \| shares		4,444,445
Price per share \| $ / shares		$ 6.60
Share repurchases, initial price per share \| $ / shares	$ 7.60
Management Control Acquistion Agreement [Member]
Investment \| $				$ 31.8
Management Control Acquistion Agreement [Member] \| Korea (South), Won
Investment \| ₩					₩ 36,000,000,000
API Supply Agreement [Member]
Investment, closing price \| $ / shares				$ 4.79
Proceeds from supply agreement \| $				$ 31.8
API Supply Agreement [Member] \| Pharmaceutical Grade L-glutamine [Member]
Percentage of right to supply				25.00%	25.00%
Agreement term				15 years	15 years
API Supply Agreement [Member] \| Korea (South), Won
Shares originally purchased (in shares) \| shares				6,643,559
Investment, in per share \| ₩ / shares					₩ 5,419
Proceeds from supply agreement \| ₩					₩ 36,000,000,000
Raw Material Supply Agreement [Member]
Agreement term			5 years
Number of renewals \| Number			10
Raw Material Supply Agreement [Member] \| Pharmaceutical Grade L-glutamine [Member]
Weight of drug per supply agreement \| kg			940,000
Unit price of grade L-glutamine \| $ / kg			50					19	19
Purchase amount \| $			$ 47.0

- Definition

Period term of agreement term.

+ References

No definition available.

+ Details

Name:	emma_AgreementTerm
Namespace Prefix:	emma_
Data Type:	xbrli:durationItemType
Balance Type:	na
Period Type:	duration

- Definition

The closing stock price of CellSeed shares, in Japanese Yen.

+ References

No definition available.

+ Details

Name:	emma_MarketableSecuritiesPerShareClosing
Namespace Prefix:	emma_
Data Type:	num:perShareItemType
Balance Type:	na
Period Type:	instant

- Definition

The per share purchase price of shares of stock.

+ References

No definition available.

+ Details

Name:	emma_MarketableSecuritiesPurchasePerShare
Namespace Prefix:	emma_
Data Type:	num:perShareItemType
Balance Type:	na
Period Type:	duration

- Definition

The value of the Company's investment in at time of purchase.

+ References

No definition available.

+ Details

Name:	emma_MarketableSecuritiesPurchased
Namespace Prefix:	emma_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

Number of renewals for revised supply agreement.

+ References

No definition available.

+ Details

Name:	emma_NumberOfRenewals
Namespace Prefix:	emma_
Data Type:	xbrli:integerItemType
Balance Type:	na
Period Type:	instant

- Definition

Percentage of right to supply.

+ References

No definition available.

+ Details

Name:	emma_PercentageOfRightToSupply
Namespace Prefix:	emma_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

The cash inflow from consideration for the right to supply goods.

+ References

No definition available.

+ Details

Name:	emma_ProceedsFromSupplyAgreement
Namespace Prefix:	emma_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

The number of shares originally purchased.

+ References

No definition available.

+ Details

Name:	emma_SharesOriginallyPurchased
Namespace Prefix:	emma_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	instant

- Definition

The unit price of grade L-glutamine per raw material supply agreement.

+ References

No definition available.

+ Details

Name:	emma_UnitPriceOfGradeLGlutamine
Namespace Prefix:	emma_
Data Type:	us-types:perUnitItemType
Balance Type:	na
Period Type:	instant

- Definition

Number of kilograms used for unit pricing in raw material supply agreement.

+ References

No definition available.

+ Details

Name:	emma_WeightOfDrugPerSupplyAgreement
Namespace Prefix:	emma_
Data Type:	num:massItemType
Balance Type:	na
Period Type:	instant

- Definition

The price paid per share to immediately purchase the targeted number of shares on the date of executing the accelerated share repurchase agreement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 25
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6405686&loc=d3e22802-112653

+ Details

Name:	us-gaap_AcceleratedShareRepurchasesInitialPricePaidPerShare
Namespace Prefix:	us-gaap_
Data Type:	num:perShareItemType
Balance Type:	na
Period Type:	duration

- Definition

The minimum amount the entity agreed to spend under the long-term purchase commitment.

+ References

No definition available.

+ Details

Name:	us-gaap_LongTermPurchaseCommitmentAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

The number of shares issued or sold by the subsidiary or equity method investee per stock transaction.

+ References

No definition available.

+ Details

Name:	us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction
Namespace Prefix:	us-gaap_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	duration

- Definition

Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction.

+ References

No definition available.

+ Details

Name:	us-gaap_SaleOfStockPricePerShare
Namespace Prefix:	us-gaap_
Data Type:	num:perShareItemType
Balance Type:	na
Period Type:	instant

- Details

Name:	srt_CounterpartyNameAxis=emma_TelconIncMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_TypeOfArrangementAxis=emma_ManagementControlAcquisitionAgreementMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_CurrencyAxis=currency_KRW
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_TypeOfArrangementAxis=emma_APISupplyAgreementMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_ProductOrServiceAxis=emma_PharmaceuticalGradeLGlutamineMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_TypeOfArrangementAxis=emma_RawMaterialSupplyAgreementMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: