General form of registration statement for all companies including face-amount certificate companies

Related Party Agreements (Narrative) (Details)

v3.24.4
Related Party Agreements (Narrative) (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Jan. 02, 2024
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Jan. 01, 2024
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Jan. 01, 2023
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Jan. 01, 2017
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Jul. 26, 2016
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Jul. 22, 2016
Mar. 13, 2015
Sep. 30, 2024
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Sep. 30, 2023
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Sep. 30, 2024
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Sep. 30, 2023
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Dec. 31, 2023
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Dec. 31, 2022
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Related Party Agreements                          
Shares issued for services (in shares) | shares     187,134                    
Preferred stock voting rights multiplier         1.1                
Proceeds from debt issuance                       $ 0 $ 30,000,000
Research and development for licenses acquired                       527,000 1,474,000
General and administrative               $ 1,400,000 $ 2,131,000 $ 4,358,000 $ 7,507,000 $ 9,686,000 $ 12,210,000
Unvested restricted stock awards                          
Related Party Agreements                          
Number of shares issued | shares                       36,230 23,888
Class A Preferred Shares                          
Related Party Agreements                          
Shares issuable on conversion, per share converted | shares         1                
Fortress Biotech, Inc                          
Related Party Agreements                          
Proceeds from related party debt         $ 2,000,000                
Percentage of annual fees expense related to Management Services Agreement recorded in research and development expenses                       50.00%  
Percentage of annual fees expense related to Management Services Agreement recorded in general and administrative expenses                       50.00%  
Shares issued for services (in shares) | shares 353,086 353,086                   66,003 13,131
Percentage of fully diluted equity   2.50% 2.50%                 2.50% 2.50%
Expenses from related party transaction                       $ 1,000,000 $ 500,000
Issuance of common shares (in shares) | shares                         13,131
Founders agreement term         15 years                
Agreement renewal term         1 year                
Paid in kind dividend, period prior to payment date for measuring ownership         1 day                
Equity fee, period for payment after financing                       5 days  
Equity fee payable in shares (as a percent)                       (2.50%)  
Cash fee (as a percent)                       (4.50%)  
Cash fee, period for payment                       90 days  
Change in control fee, multiplier | item                       5  
Change in control fee, measurement period                       12 months  
Change in control fee, specified rate component                       4.50%  
MSA agreement term             5 years            
MSA agreement renewal term             5 years            
Annual consulting fee                       $ 500,000  
Consulting fee when net assets exceed threshold                       1,000,000  
Net assets threshold                       100,000,000  
Stock dividend (as a percent)         2.50%                
Research and development for licenses acquired                       500,000 $ 1,100,000
Fortress Biotech, Inc | Class A Preferred Shares                          
Related Party Agreements                          
Percentage of fully diluted equity           2.50%              
Number of shares issued in conversion | shares         250,000                
Fortress Biotech, Inc | Common shares                          
Related Party Agreements                          
Number of shares issued in conversion | shares         7,000,000                
License agreements                          
Related Party Agreements                          
Research and development for licenses acquired                       527,000 1,474,000
Parent Company | Management Services Agreement (MSA) | Fortress Biotech, Inc                          
Related Party Agreements                          
Percentage of annual fees expense related to Management Services Agreement recorded in research and development expenses               50.00% 50.00% 50.00% 50.00%    
Percentage of annual fees expense related to Management Services Agreement recorded in general and administrative expenses               50.00% 50.00% 50.00% 50.00%    
Expenses from related party transaction               $ 100,000 $ 100,000 $ 400,000 $ 400,000    
Parent Company | Founders Agreement | Fortress Biotech, Inc                          
Related Party Agreements                          
Shares issued for services (in shares) | shares                   641,740      
Percentage of fully diluted equity 2.50% 2.50% 2.50%     2.50%              
Expenses from related party transaction               $ 29,000 $ 4,000 $ 200,000 $ 4,000    
Research and development for licenses acquired                       500,000 1,100,000
General and administrative                       100,000 200,000
Director                          
Related Party Agreements                          
Expenses from related party transaction                       100,000 100,000
Annual consulting fee                       50,000  
Value of shares granted as compensation                       $ 50,000 $ 50,000
Director | Unvested restricted stock awards                          
Related Party Agreements                          
Number of shares issued | shares                       7,246 4,777
Director | Maximum                          
Related Party Agreements                          
Value of shares granted as compensation                       $ 50,000  
Number of shares granted as compensation | shares                       10,000  
Chairman of the Board                          
Related Party Agreements                          
Expenses from related party transaction                       $ 110,000 $ 110,000
Annual consulting fee       $ 60,000                  
Value of shares granted as compensation                       $ 50,000 $ 50,000
Chairman of the Board | Unvested restricted stock awards                          
Related Party Agreements                          
Number of shares issued | shares                       7,246 4,777
Chairman of the Board | Maximum                          
Related Party Agreements                          
Value of shares granted as compensation       $ 50,000                  
Number of shares granted as compensation | shares       10,000