XBRL Cloud: Business Report

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Component: (Network and Table)
Network	100260 - Disclosure - Income Taxes (Tables) (http://akebia.com/20161231/taxonomy/role/DisclosureIncomeTaxesTables)
Table	(Implied)

Slicers (applies to each fact value in each table cell)

Reporting Entity [Axis]

0001517022 (http://www.sec.gov/CIK)

Income Tax Disclosure [Abstract]

Period [Axis]

2016-01-01 - 2016-12-31

Income Tax Disclosure [Abstract]

Schedule of Components of Loss Before Income Taxes and Reconciliation of Statutory Federal Income Tax Rate to Provision for Income Taxes

The U.S components of loss before income taxes and a reconciliation of the statutory federal income rate to with the provision for income taxes follow:

	Year ended December 31,
	2016			2015			2014
Federal tax at statutory rate		34.0	%		34.0	%		34.0	%
State and local tax at statutory rate		1.4			3.0			5.5
Research and development tax credits		6.4			0.4			(0.6	)
Equity compensation		(0.2	)		(0.6	)		(1.6	)
Other permanent differences and credits		—			—			(0.1	)
Change in valuation allowance		(41.6	)		(36.8	)		(37.2	)
Effective tax rate		0.0	%		0.0	%		0.0	%

Schedule of Significant Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities are as follows:

		December 31,
		2016			2015
	(in thousands)
Deferred tax assets:
Accrued expenses		$	2,170		$	912
Deferred revenue			12,157			—
Intangible assets			449			527
Restricted stock			45			301
Fixed assets			—			—
Non-qualified stock options			2,963			1,558
Research and development credits			10,510			1,829
Net operating loss carryforward			84,372			51,356
Other			326			64
Total deferred tax assets			112,992			56,547
Less valuation allowance			(112,986	)		(56,545	)
Total deferred tax assets, net of valuation allowance			6			2
Deferred tax liabilities:
Fixed assets			(6	)		(2	)
Total deferred tax liabilities			(6	)		(2	)
Net deferred tax asset		$	—		$	—