XML 72 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details) (USD $)
0 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended
Aug. 18, 2014
Jul. 22, 2013
Sep. 28, 2012
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 15, 2014
Jun. 29, 2012
Jun. 30, 2014
Dec. 27, 2012
Debt                    
Net proceeds from issuance of common stock (in shares) 10,235,000us-gaap_StockIssuedDuringPeriodSharesNewIssues 6,900,000us-gaap_StockIssuedDuringPeriodSharesNewIssues 6,304,102us-gaap_StockIssuedDuringPeriodSharesNewIssues              
Shares price (in dollars per share) $ 11.25us-gaap_SharePrice $ 10.40us-gaap_SharePrice $ 4.07us-gaap_SharePrice              
Proceeds from issuance of common stock $ 108,000,000us-gaap_ProceedsFromIssuanceOfCommonStock $ 67,000,000us-gaap_ProceedsFromIssuanceOfCommonStock $ 25,700,000us-gaap_ProceedsFromIssuanceOfCommonStock $ 109,013,000us-gaap_ProceedsFromIssuanceOfCommonStock $ 67,017,000us-gaap_ProceedsFromIssuanceOfCommonStock $ 25,658,000us-gaap_ProceedsFromIssuanceOfCommonStock        
Debt:                    
Notes payable       25,000,000us-gaap_SecuredDebt            
Accretion of end of term charge       314,000insm_AdditionalChargeAtEndOfTerm            
Issuance fees paid to lender       (308,000)us-gaap_UnamortizedDebtIssuanceExpense            
Discount from warrant       (150,000)insm_UnamortizedDiscountFromWarrant            
Long-term debt       24,856,000us-gaap_LongTermDebtNoncurrent 16,338,000us-gaap_LongTermDebtNoncurrent          
Future principal repayments of the Notes                    
2016       25,000,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo            
Total       25,000,000us-gaap_LongTermDebt            
Hercules                    
Debt                    
Net proceeds from issuance of common stock (in shares)             70,771us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ us-gaap_SubsidiarySaleOfStockAxis
= us-gaap_PrivatePlacementMember
     
Shares price (in dollars per share)             $ 14.13us-gaap_SharePrice
/ us-gaap_SubsidiarySaleOfStockAxis
= us-gaap_PrivatePlacementMember
     
Proceeds from issuance of common stock             1,000,000us-gaap_ProceedsFromIssuanceOfCommonStock
/ us-gaap_SubsidiarySaleOfStockAxis
= us-gaap_PrivatePlacementMember
     
Loan and Security Agreement                    
Debt                    
Maximum borrowing capacity of term loan             25,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
20,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
   
Number of Secured Promissory Notes               2insm_NumberOfSecuredPromissoryNotes
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
   
Period over which principal payment could be delayed       5 months            
Fee paid to extend the interest-only period                 100,000insm_DebtInstrumentFeePaidToExtendInterestOnlyPeriod
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
 
Commitment fee             25,000us-gaap_LineOfCreditFacilityCommitmentFeeAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
     
Facility fee             125,000insm_LineOfCreditFacilityFacilityFee
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
     
Increase in borrowing capacity             5,000,000insm_LineOfCreditFacilityIncreaseInBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
     
Amount of cash proceeds required to extend maturity date of loan             90,000,000insm_LineOfCreditFacilityThresholdAmountOfCashProceedsFromEquityFinancings
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
     
Maturity date extension fee             250,000insm_FeePaymentOnLoanMaturityExtension
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
     
"End of term" charge               390,000insm_EndOfTermCharge
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
   
Additional interest rate in event of default (as a percent)       5.00%insm_AdditionalInterestRateToOutstandingLoanBalances
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
           
Limit on lender's participation rights in certain future private equity financings       1,000,000insm_MaximumAmountOfSubsequentPrivateFinancingOfEquitySecurities
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
           
Notes                    
Debt                    
Interest rate (as a percent)       9.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= insm_NoteAAndNoteBMember
           
Note A                    
Debt                    
Incremental amount of term loan               10,000,000insm_IncrementalAmountOfTermLoan
/ us-gaap_DebtInstrumentAxis
= insm_NoteAMember
   
Period over which note is to be repaid               42 months    
Payment periods representing interest only               12 months    
Periods of equal payment of principal and interest               30 months    
Note B                    
Debt                    
Incremental amount of term loan                   $ 10,000,000insm_IncrementalAmountOfTermLoan
/ us-gaap_DebtInstrumentAxis
= insm_NoteBMember
Period over which note is to be repaid                   36 months
Payment periods representing interest only                   6 months
Periods of equal payment of principal and interest                   30 months