iBio Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Debt - Credit Agreement (Details)

Debt - Credit Agreement (Details) - USD ($)											1 Months Ended	6 Months Ended
Debt - Credit Agreement (Details) - USD ($)	May 31, 2024	May 17, 2024	Dec. 22, 2023	Oct. 16, 2023	Sep. 18, 2023	May 10, 2023	Mar. 28, 2023	Mar. 24, 2023	Feb. 20, 2023	Oct. 11, 2022	Nov. 13, 2023	May 17, 2024	Mar. 31, 2023	Jun. 30, 2024	Feb. 09, 2024	Nov. 14, 2023	Oct. 17, 2023	Oct. 04, 2023	Jun. 30, 2023	Apr. 14, 2023	Nov. 01, 2021
Debt Instrument [Line Items]
Term note payable - net of deferred financing costs																			$ 12,937,000
The Credit Agreement \| Woodforest National Bank
Debt Instrument [Line Items]
Secured term loan																					$ 22,375,000
The Credit Agreement \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Secured term loan																			13,057,000		$ 22,375,000
Term note payable - net of deferred financing costs														$ 0					12,937,000
Term loan interest rate																					3.25%
Deferred finance costs																			$ 120,000
The Credit Agreement \| Woodforest National Bank \| Term Note \| Minimum
Debt Instrument [Line Items]
Liquidity covenant, unrestricted cash balance																					$ 10,000,000
First Amended Credit Agreement \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Repayments of outstanding principal on term loan							$ 5,100,000			$ 5,500,000
Principal payments on term loan													$ 250,000
Frequency of accelerated principal repayments													Monthly
Term of accelerated principal repayments													6 months
Amendment fee										22,375
First Amended Credit Agreement \| Woodforest National Bank \| Term Note \| Minimum
Debt Instrument [Line Items]
Liquidity covenant, unrestricted cash balance										7,500,000
Liquidity covenant (minimum unrestricted cash balance if specific milestones are met)										$ 5,000,000
Third Amended Credit Agreement \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Percentage of equity offering proceeds to be used for debt repayment									40.00%
Percentage of equipment sale proceeds to be used for debt repayment									40.00%
Third Amended Credit Agreement \| Woodforest National Bank \| Term Note \| Maximum
Debt Instrument [Line Items]
Days following equity offerings to use a portion of net proceeds as debt repayment									5 days
Fourth Amended Credit Agreement \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Amendment fee																				$ 75,000,000,000
Percentage of equity offering proceeds to be used for debt repayment								20.00%
Percentage of equipment sale proceeds to be used for debt repayment								20.00%
Cash retained from legal settlement								$ 2,000,000
Settlement payment received								5,100,000
Amount held as collateral from legal settlement								3,000,000
Fourth Amended Credit Agreement \| Woodforest National Bank \| Term Note \| Minimum
Debt Instrument [Line Items]
Liquidity covenant, unrestricted cash balance								$ 1,000,000
Fifth Amended Credit Agreement \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Term loan interest rate						5.25%
Reduction in collateral held						$ 500,000
Term loan principal outstanding, amount triggering release of collateral						10,000,000
Principal reduction, milestone amounts triggering release of collateral held						2,500,000
Collateral released once milestone payments made						$ 750,000
Annual interest rate increase (Facility sale prior to June 30, 2023)						1.00%
Annual interest rate increase (Facility sale after June 30, 2023 and prior to September 30, 2023)						2.00%
Annual interest rate increase (Facility sale after September 30, 2023)						3.00%
Fees payable (Facility sale prior to June 30, 2023)						$ 75,000
Fees payable (Facility sale after June 30, 2023 and prior to September 30, 2023)						100,000
Fees payable (Facility sale after September 30, 2023)						$ 125,000
Interest rate payable in-kind						3.00%
Sixth Amended Credit Agreement \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Amendment fee					$ 20,000
Business days to deliver executed copy of Purchase Agreement for the sale of the Facility					1 day
Seventh Amended Credit Agreement \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Amendment fee																		$ 20,000
Collateral withdrawal																$ 2,000,000
Seventh Amended Credit Agreement \| Woodforest National Bank \| Term Note \| Minimum
Debt Instrument [Line Items]
Liquidity covenant, unrestricted cash balance																		0
First Potential Collateral Withdrawal \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Collateral withdrawal																		$ 1,000,000
First Potential Collateral Withdrawal \| Woodforest National Bank \| Term Note \| Minimum
Debt Instrument [Line Items]
Collateral withdrawal, liquidity threshold to maintain				$ 2,000,000
Second Potential Collateral Withdrawal \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Collateral withdrawal																	$ 750,000
Second Potential Collateral Withdrawal \| Woodforest National Bank \| Term Note \| Minimum
Debt Instrument [Line Items]
Collateral withdrawal, liquidity threshold to maintain											$ 1,250,000
Third Potential Collateral Withdrawal \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Collateral withdrawal																$ 250,000
Third Potential Collateral Withdrawal \| Woodforest National Bank \| Term Note \| Minimum
Debt Instrument [Line Items]
Collateral withdrawal, liquidity threshold to maintain												$ 1,000,000
Eighth Amended Credit Agreement \| Woodforest National Bank \| Term Note
Debt Instrument [Line Items]
Term loan interest rate			4.50%
Amendment fee		$ 155,000	$ 10,000									$ 155,000
Amount held as collateral from legal settlement															$ 900,000
Collateral withdrawal															$ 150,000
Collateral withdrawal, liquidity threshold to maintain			$ 900,000
Interest rate payable in-kind			4.50%
Settlement Agreement \| Woodforest National Bank \| iBio CDMO, LLC \| Discontinued Operations
Debt Instrument [Line Items]
Proceeds from sale of property paid to Woodforest to settle debt	$ 8,500,000
Cash payments to settle debt	$ 915,000
Settlement Agreement \| Woodforest National Bank \| Pre-Funded Warrants \| iBio CDMO, LLC \| Discontinued Operations
Debt Instrument [Line Items]
Warrants issued to settle debt	1,560,570
Exercise price per share of warrants	$ 0.0001
Settlement Agreement \| Woodforest National Bank \| Term Note \| iBio CDMO, LLC \| Discontinued Operations
Debt Instrument [Line Items]
Proceeds from sale of property paid to Woodforest to settle debt	$ 8,500,000
Cash payments to settle debt	$ 915,000
Settlement Agreement \| Woodforest National Bank \| Term Note \| Pre-Funded Warrants
Debt Instrument [Line Items]
Warrants issued to settle debt		1,560,570
Fair value of shares issued in agreement		$ 4,499,124.88
Share price of common stock		$ 2.883										$ 2.883
Exercise price per share of warrants		$ 0.0001										$ 0.0001
Settlement Agreement \| Woodforest National Bank \| Term Note \| Pre-Funded Warrants \| iBio CDMO, LLC \| Discontinued Operations
Debt Instrument [Line Items]
Warrants issued to settle debt	1,560,570
Exercise price per share of warrants	$ 0.0001