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Note 4 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2018
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
   
 
 
 
 
Fair Value Measurements at December 31, 2018
 
   
 
 
 
 
Quoted Prices in
   
Significant Other
   
Significant
 
   
 
 
 
 
Active Markets for
   
Observable
   
Unobservable
 
   
Balance at
   
Identical Assets
   
Inputs
   
Inputs
 
   
December 31, 2018
   
(Level 1)
   
(Level 2)
   
(Level 3)
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
  $
136,052
    $
136,052
    $
-
    $
-
 
Total assets
 
$
136,052
   
$
136,052
   
$
-
   
$
-
 
                                 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent consideration liability
  $
11,000
    $
-
    $
-
    $
11,000
 
Total liabilities
 
$
11,000
   
$
-
   
$
-
   
$
11,000
 
   
 
 
 
 
Fair Value Measurements at December 31, 2017
 
   
 
 
 
 
Quoted Prices in
   
Significant Other
   
Significant
 
   
 
 
 
 
Active Markets for
   
Observable
   
Unobservable
 
   
Balance at
   
Identical Assets
   
Inputs
   
Inputs
 
   
December 31, 2017
   
(Level 1)
   
(Level 2)
   
(Level 3)
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
  $
87,231
    $
87,231
    $
-
    $
-
 
Total assets
 
$
87,231
   
$
87,231
   
$
-
   
$
-
 
                                 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent consideration liability
  $
16,800
    $
-
    $
-
    $
16,800
 
Total liabilities
 
$
16,800
   
$
-
   
$
-
   
$
16,800
 
Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]
Program
 
Consideration
 
Form of Payment at Progenics' Option
AZEDRA
  $
8,000
 
Cash or Progenics common stock
1404
   
10,000
 
Cash or Progenics common stock
1095
   
5,000
 
Cash or Progenics common stock
   
$
23,000
 
 
Calendar Year Net Sales Level
 
Consideration
 
Form of Payment at Progenics' Option
$30 million
  $
5,000
 
Cash or Progenics common stock
$60 million
   
5,000
 
Cash or Progenics common stock
$100 million
   
10,000
 
Cash or Progenics common stock
$250 million
   
20,000
 
Cash or Progenics common stock
$500 million
   
30,000
 
Cash or Progenics common stock
   
$
70,000
 
 
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Table Text Block]
   
Fair Value at
         
 
   
 
 
   
December 31,
         
Range
 
   
2018
 
Valuation Technique
 
Unobservable Input
 
(Weighted-Average)
 
Contingent Consideration Liability:
 
 
 
 
       
 
   
 
 
AZEDRA commercialization
  $
7,050
 
Probability adjusted
 
Probability of success
   
 
90%
 
 
     
 
 
discounted cash flow model
 
Period of expected milestone achievement
   
 
2019
 
 
     
 
 
 
 
Discount rate
   
 
10%
 
 
1095 commercialization
   
450
 
Probability adjusted
 
Probability of success
   
 
18%
 
 
     
 
 
discounted cash flow model
 
Period of expected milestone achievement
   
 
2026
 
 
     
 
 
 
 
Discount rate
   
 
10%
 
 
Net sales targets
   
3,500
 
Monte-Carlo simulation
 
Probability of success
   
18%
-
90%
 
     
 
 
 
 
Discount rate
   
 
10%
 
 
Total
 
$
11,000
 
 
 
 
 
 
 
 
 
 
   
Fair Value at
         
 
   
 
 
   
December 31,
         
Range
 
   
2017
 
Valuation Technique
 
Unobservable Input
 
(Weighted-Average)
 
Contingent Consideration Liability:
 
 
 
 
       
 
   
 
 
AZEDRA commercialization
  $
5,500
 
Probability adjusted
 
Probability of success
   
 
72%
 
 
     
 
 
discounted cash flow model
 
Period of expected milestone achievement
   
 
2018
 
 
     
 
 
 
 
Discount rate
   
 
10%
 
 
1404 commercialization
   
4,500
 
Probability adjusted
 
Probability of success
   
 
59%
 
 
     
 
 
discounted cash flow model
 
Period of expected milestone achievement
   
 
2020
 
 
     
 
 
 
 
Discount rate
   
 
10%
 
 
1095 commercialization
   
400
 
Probability adjusted
 
Probability of success
   
 
16%
 
 
     
 
 
discounted cash flow model
 
Period of expected milestone achievement
   
 
2025
 
 
     
 
 
 
 
Discount rate
   
 
10%
 
 
Net sales targets
   
6,400
 
Monte-Carlo simulation
 
Probability of success
   
16%
-
72%
 
     
 
 
 
 
Discount rate
   
 
10%
 
 
Total
 
$
16,800
 
 
 
 
 
 
 
 
 
 
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
   
Liability - Contingent Consideration
 
   
Fair Value Measurements Using
 
   
Significant Unobservable Inputs
 
   
(Level 3)
 
   
2018
   
2017
 
Balance at beginning of period
  $
16,800
    $
14,200
 
Fair value change included in net loss
   
(5,800
)    
2,600
 
Balance at end of period
 
$
11,000
   
$
16,800
 
                 
Changes in unrealized gains or losses for the period included in earnings (or changes in net assets) for liabilities held at the end of the reporting period
 
$
(5,800
)
 
$
2,600