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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2020	Aug. 03, 2020
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Trading Symbol	VTVT
Entity Registrant Name	vTv Therapeutics Inc.
Entity Central Index Key	0001641489
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity File Number	001-37524
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	47-3916571
Entity Address, Address Line One	3980 Premier Dr, Suite 310
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Address, Postal Zip Code	27265
Entity Address, City or Town	High Point
Entity Address, State or Province	NC
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Title of 12(b) Security	Class A common stock, par value $0.01 per share
Security Exchange Name	NASDAQ
City Area Code	336
Local Phone Number	841-0300
Document Quarterly Report	true
Document Transition Report	false
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		47,958,983
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		23,094,221

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 6,392	$ 1,777
Accounts receivable, net		5
Prepaid expenses and other current assets	299	806
Current deposits	87	250
Total current assets	6,778	2,838
Restricted cash and cash equivalents, long-term	0	2,500
Property and equipment, net	412	461
Operating lease right-of-use assets	514	543
Long-term investments	2,480	2,480
Long-term deposits	444	444
Total assets	10,628	9,266
Current liabilities:
Accounts payable and accrued expenses	6,697	7,068
Current portion of operating lease liabilities	143	110
Current portion of contract liabilities	31	31
Current portion of notes payable	4,543	6,172
Total current liabilities	11,414	13,381
Contract liabilities, net of current portion	1,025	1,033
Operating lease liabilities, net of current portion	756	831
Warrant liability, related party	3,529	2,601
Other liabilities	54	260
Total liabilities	16,778	18,106
Commitments and contingencies
Redeemable noncontrolling interest	63,378	40,183
Stockholders’ deficit:
Additional paid-in capital	198,634	183,858
Accumulated deficit	(268,873)	(233,522)
Total stockholders’ deficit attributable to vTv Therapeutics Inc.	(69,528)	(49,023)
Total liabilities, redeemable noncontrolling interest and stockholders’ deficit	10,628	9,266
Class A Common Stock [Member]
Stockholders’ deficit:
Common stock value	479	409
Total stockholders’ deficit attributable to vTv Therapeutics Inc.	479	409
Class B Common Stock [Member]
Stockholders’ deficit:
Common stock value	232	232
Total stockholders’ deficit attributable to vTv Therapeutics Inc.	$ 232	$ 232

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Class A Common Stock [Member]
Common stock par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares outstanding	47,943,495	40,918,522
Class B Common Stock [Member]
Common stock par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares outstanding	23,094,221	23,094,221

Condensed Consolidated Statements of Operations - (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue		$ 1,828,000	$ 8,000	$ 2,749,000
Operating expenses:
Research and development	$ 2,509,000	4,228,000	6,713,000	7,050,000
General and administrative	1,695,000	2,392,000	4,145,000	4,778,000
Total operating expenses	4,204,000	6,620,000	10,858,000	11,828,000
Operating loss	(4,204,000)	(4,792,000)	(10,850,000)	(9,079,000)
Other income		1,000		1,000
Other (expense) income – related party	(565,000)	275,000	(928,000)	1,196,000
Interest income		16,000	12,000	26,000
Interest expense	(222,000)	(514,000)	(390,000)	(1,140,000)
Loss before income taxes and noncontrolling interest	(4,991,000)	(5,014,000)	(12,156,000)	(8,996,000)
Income tax provision	0	100,000	0	100,000
Net loss before noncontrolling interest	(4,991,000)	(5,114,000)	(12,156,000)	(9,096,000)
Less: net loss attributable to noncontrolling interest	(1,623,000)	(2,232,000)	(4,064,000)	(4,059,000)
Net loss attributable to vTv Therapeutics Inc.	(3,368,000)	(2,882,000)	(8,092,000)	(5,037,000)
Net loss attributable to vTv Therapeutics Inc. common shareholders	$ (3,368,000)	$ (2,882,000)	$ (8,092,000)	$ (8,765,000)
Class A Common Stock [Member]
Operating expenses:
Net loss per share of vTv Therapeutics Inc. Class A Common Stock, basic and diluted	$ (0.07)	$ (0.10)	$ (0.18)	$ (0.34)
Weighted-average number of vTv Therapeutics Inc. Class A Common Stock, basic and diluted	45,661,221	28,037,628	44,561,886	25,464,562

Condensed Consolidated Statement of Changes in Redeemable Noncontrolling Interest and Stockholders' Deficit - (Unaudited) - USD ($) $ in Thousands	Total	Redeemable Noncontrolling Interest [Member]	Class A Common Stock [Member]	Class B Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Beginning balance at Dec. 31, 2018	$ (82,853)		$ 203	$ 232	$ 150,595	$ (233,883)
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2018		$ 62,482
Beginning balance, shares at Dec. 31, 2018			20,347,065	23,094,221
Net loss	(5,037)	(4,059)				(5,037)
Share-based compensation	682				682
Issuance of Class A Common Stock under registered direct offering	5,443		$ 37		5,406
Issuance of Class A Common Stock under registered direct offering, shares			3,636,364
Issuance of Class A Common Stock to a related party under the Letter Agreements	10,500		$ 58		10,442
Issuance of Class A Common Stock to a related party under the Letter Agreements, shares			5,831,687
Vesting of restricted stock units, shares			11,666
Change in redemption value of noncontrolling interest	21,363	(21,363)				21,363
Ending balance at Jun. 30, 2019	(49,902)		$ 298	$ 232	167,125	(217,557)
Ending balance, redeemable noncontrolling interest at Jun. 30, 2019		37,060
Ending balance, shares at Jun. 30, 2019			29,826,782	23,094,221
Beginning balance at Mar. 31, 2019	(57,735)		$ 273	$ 232	162,249	(220,489)
Beginning balance, redeemable noncontrolling interest at Mar. 31, 2019		45,106
Beginning balance, shares at Mar. 31, 2019			27,255,963	23,094,221
Net loss	(2,882)	(2,232)				(2,882)
Share-based compensation	401				401
Issuance of Class A Common Stock to a related party under the Letter Agreements	4,500		$ 25		4,475
Issuance of Class A Common Stock to a related party under the Letter Agreements, shares			2,570,819
Change in redemption value of noncontrolling interest	5,814	(5,814)				5,814
Ending balance at Jun. 30, 2019	(49,902)		$ 298	$ 232	167,125	(217,557)
Ending balance, redeemable noncontrolling interest at Jun. 30, 2019		37,060
Ending balance, shares at Jun. 30, 2019			29,826,782	23,094,221
Beginning balance at Dec. 31, 2019	(49,023)		$ 409	$ 232	183,858	(233,522)
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2019		40,183
Beginning balance, shares at Dec. 31, 2019			40,918,522	23,094,221
Net loss	(8,092)	(4,064)				(8,092)
Share-based compensation	566				566
Issuance of Class A Common Stock under ATM offering	7,280		$ 26		7,254
Issuance of Class A Common Stock under ATM offering, shares			2,638,306
Issuance of Class A Common Stock to a related party under the Letter Agreements	7,000		$ 44		6,956
Issuance of Class A Common Stock to a related party under the Letter Agreements, shares			4,375,000
Vesting of restricted stock units, shares			11,667
Change in redemption value of noncontrolling interest	(27,259)	27,259				(27,259)
Ending balance at Jun. 30, 2020	(69,528)		$ 479	$ 232	198,634	(268,873)
Ending balance, redeemable noncontrolling interest at Jun. 30, 2020	63,378	63,378
Ending balance, shares at Jun. 30, 2020			47,943,495	23,094,221
Beginning balance at Mar. 31, 2020	(61,821)		$ 447	$ 232	190,200	(252,700)
Beginning balance, redeemable noncontrolling interest at Mar. 31, 2020		52,196
Beginning balance, shares at Mar. 31, 2020			44,680,189	23,094,221
Net loss	(3,368)	(1,623)				(3,368)
Share-based compensation	186				186
Issuance of Class A Common Stock under ATM offering	7,280		$ 26		7,254
Issuance of Class A Common Stock under ATM offering, shares			2,638,306
Issuance of Class A Common Stock to a related party under the Letter Agreements	1,000		$ 6		994
Issuance of Class A Common Stock to a related party under the Letter Agreements, shares			625,000
Change in redemption value of noncontrolling interest	(12,805)	12,805				(12,805)
Ending balance at Jun. 30, 2020	(69,528)		$ 479	$ 232	$ 198,634	$ (268,873)
Ending balance, redeemable noncontrolling interest at Jun. 30, 2020	$ 63,378	$ 63,378
Ending balance, shares at Jun. 30, 2020			47,943,495	23,094,221

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net loss before noncontrolling interest	$ (12,156)	$ (9,096)
Adjustments to reconcile net loss before noncontrolling interest to net cash used in operating activities:
Depreciation expense	49	16
Share-based compensation expense	566	682
Change in fair value of warrants, related party	928	(1,196)
Amortization of debt discount	182	335
Changes in assets and liabilities:
Accounts receivable	5	(1,822)
Long-term deposits		(39)
Prepaid expenses and other assets	670	1,278
Accounts payable and accrued expenses	(384)	635
Contract liabilities	(8)	(1,740)
Other liabilities	(206)
Net cash used in operating activities	(10,354)	(10,947)
Cash flows from financing activities:
Proceeds from issuance of Class A Common Stock to a related party under the Letter Agreements	7,000	10,500
Proceeds from issuance of Class A Common Stock, net of offering costs	7,280	5,443
Repayment of notes payable	(1,811)	(5,217)
Net cash provided by financing activities	12,469	10,726
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents	2,115	(221)
Total cash, cash equivalents and restricted cash and cash equivalents, beginning of period	4,277	4,183
Total cash, cash equivalents and restricted cash and cash equivalents, end of period	6,392	3,962
Non-cash activities:
Change in redemption value of noncontrolling interest	(27,259)	21,363
Redeemable Noncontrolling Interest [Member]
Non-cash activities:
Change in redemption value of noncontrolling interest	$ 27,259	$ (21,363)

Description of Business, Basis of Presentation and Going Concern

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Description of Business, Basis of Presentation and Going Concern

Note 1:

Description of Business, Basis of Presentation and Going Concern

Description of Business

vTv Therapeutics Inc. (the “Company,” the “Registrant,” “we” or “us”) was incorporated in the state of Delaware in April 2015. The Company is a clinical-stage pharmaceutical company focused on treating metabolic diseases to minimize their long-term complications through end-organ protection.

Principles of Consolidation

vTv Therapeutics Inc. is a holding company and its principal asset is a controlling equity interest in vTv Therapeutics LLC (“vTv LLC”), the Company’s principal operating subsidiary, which is a clinical-stage pharmaceutical company focused on treating metabolic diseases to minimize their long-term complications through end-organ protection.

The Company has determined that vTv LLC is a variable-interest entity (“VIE”) for accounting purposes and that vTv Therapeutics Inc. is the primary beneficiary of vTv LLC because (through its managing member interest in vTv LLC and the fact that the senior management of vTv Therapeutics Inc. is also the senior management of vTv LLC) it has the power and benefits to direct all of the activities of vTv LLC, which include those that most significantly impact vTv LLC’s economic performance. vTv Therapeutics Inc. has therefore consolidated vTv LLC’s results pursuant to Accounting Standards Codification Topic 810, “Consolidation” in its Condensed Consolidated Financial Statements. As of June 30, 2020, various holders own non-voting interests in vTv LLC, representing a 32.5% economic interest in vTv LLC, effectively restricting vTv Therapeutics Inc.’s interest to 67.5% of vTv LLC’s economic results, subject to increase in the future, should vTv Therapeutics Inc. purchase additional non-voting common units (“vTv Units”) of vTv LLC, or should the holders of vTv Units decide to exchange such units (together with shares of Class B Common Stock) for shares of Class A Common Stock (or cash) pursuant to the Exchange Agreement (as defined in Note 10). vTv Therapeutics Inc. has provided financial and other support to vTv LLC in the form of its purchase of vTv Units with the net proceeds of the Company’s initial public offering (“IPO”) in 2015 and its registered direct offering in March 2019, its agreeing to be a co-borrower under the Venture Loan and Security Agreement (the “Loan Agreement”) with Horizon Technology Finance Corporation and Silicon Valley Bank (together, the “Lenders”) which was entered into in 2016, and its entrance into the letter agreements, dated as of December 5, 2017, July 30, 2018, December 11, 2018, March 18, 2019, September 26, 2019 and December 23, 2019 with MacAndrews and Forbes Group LLC (the “Letter Agreements”). vTv Therapeutics Inc. will not be required to provide financial or other support for vTv LLC outside of its obligations pertaining to the Loan Agreement as a co-borrower. However, vTv Therapeutics Inc. will control its business and other activities through its managing member interest in vTv LLC, and its management is the management of vTv LLC. The creditors of vTv LLC do not have any recourse to the general credit of vTv Therapeutics Inc. except as allowed under the provisions of the Loan Agreement. Nevertheless, because vTv Therapeutics Inc. will have no material assets other than its interests in vTv LLC, any financial difficulties at vTv LLC could result in vTv Therapeutics Inc. recognizing a loss.

Going Concern and Liquidity

To date, the Company has not generated any product revenue and has not achieved profitable operations. The continuing development of our drug candidates will require additional financing. From its inception through June 30, 2020, the Company has funded its operations primarily through a combination of private placements of common and preferred equity, research collaboration agreements, upfront and milestone payments for license agreements, debt and equity financings and the completion of its IPO in August 2015. As of June 30, 2020, the Company had an accumulated deficit of $268.9 million and has generated net losses in each year of its existence.

As of June 30, 2020, the Company’s liquidity sources included cash and cash equivalents of $6.4 million and $3.0 million of remaining funds available under the Letter Agreements. Further, we have remaining availability of $5.4 million under our Controlled Equity Offering^SM Sales Agreement (the “Sales Agreement”) with Cantor Fitzgerald & Co. (“Cantor Fitzgerald”) pursuant to which the Company may offer and sell, from time to time shares of the Company’s Class A Common Stock (the “ATM Offering”). See Note 9 for further details. On July 29, 2020, the Company amended the Loan Agreement (the “Third Amendment”) to further modify the payment terms and to remove the minimum cash requirements under this agreement. See Note 5 for further details. Based on the Company’s current operating plan, management believes that its current cash and cash equivalents, the remaining funds available under the Letter Agreements and the ATM Offering, if fully utilized will allow the Company to meet its liquidity requirements through September 2020, which is less than twelve months from the issuance of these Condensed Consolidated Financial Statements. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The Company is evaluating several financing strategies to provide continued funding which may include additional direct equity investments or future public offerings of our common stock. The timing and availability of such financing is not yet known.

The Company’s financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. The Condensed Consolidated Financial Statements do not include adjustments to reflect the possible future effects on the recoverability and classification of recorded assets or the amounts of liabilities that might be necessary should the Company be unable to continue as a going concern.

The full extent to which the COVID-19 outbreak / pandemic will directly or indirectly impact our business, results of operations and financial condition, including licensing revenues, expenses, reserves and allowances, manufacturing, clinical trials, research and development costs and employee-related amounts will depend on future developments that are highly uncertain, including as a result of new information that may emerge concerning COVID-19 and the actions taken to contain or treat COVID-19, as well as the economic impact on local, regional, national and international suppliers and markets.

Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Note 2:

Summary of Significant Accounting Policies

Unaudited Interim Financial Information

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The accompanying Condensed Consolidated Balance Sheet as of June 30, 2020, Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2020 and 2019, Condensed Consolidated Statement of Changes in Redeemable Noncontrolling Interest and Stockholders’ Deficit for the three and six months ended June 30, 2020 and 2019 and Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2020 and 2019 are unaudited. These unaudited financial statements have been prepared in accordance with the rules and regulations of the United States Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. These financial statements should be read in conjunction with the audited financial statements and the accompanying notes for the year ended December 31, 2019 contained in the Company’s Annual Report on Form 10-K. The unaudited interim financial statements have been prepared on the same basis as the annual financial statements and, in the opinion of management, reflect all adjustments (consisting of normal recurring adjustments) necessary to state fairly the Company’s financial position as of June 30, 2020, the results of operations for the three and six months ended June 30, 2020 and 2019 and cash flows for the six months ended June 30, 2020 and 2019. The December 31, 2019 Condensed Consolidated Balance Sheet included herein was derived from the audited financial statements but does not include all disclosures or notes required by GAAP for complete financial statements.

The financial data and other information disclosed in these notes to the financial statements related to the three and six months ended June 30, 2020 and 2019 are unaudited. Interim results are not necessarily indicative of results for an entire year.

The Company does not have any components of other comprehensive income recorded within its Condensed Consolidated Financial Statements, and, therefore, does not separately present a statement of comprehensive income in its Condensed Consolidated Financial Statements.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

On an ongoing basis, the Company evaluates its estimates, including those related to the grant date fair value of equity awards, the fair value of warrants to purchase shares of its Class A Common Stock, the fair value of the Class B Common Stock, the useful lives of property and equipment, the fair value of derivative liabilities, and the fair value of the Company’s debt, among others. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable, the results of which form the basis for making judgments about the carrying value of assets and liabilities.

Concentration of Credit Risk

Financial instruments that potentially expose the Company to concentrations of credit risk consist principally of cash on deposit with multiple financial institutions. The balances of these cash accounts frequently exceed insured limits.

Three customers represented 100% of the revenue earned during the three and six months ended June 30, 2019. Revenue for the three and six months ended June 30, 2020 was insignificant.

Cash and Cash Equivalents

The Company considers any highly liquid investments with an original maturity of three months or less to be cash and cash equivalents.

Restricted Cash and Cash Equivalents

Restricted cash and cash equivalents as of December 31, 2019 was $2.5 million. This amount relates to the minimum balance that the Company was required to maintain in a deposit account that was pledged to secure the Loan Agreement and was subject to an account control agreement pursuant to the Loan Agreement. There was no restricted cash and cash equivalents as of June 30, 2020, as the Loan Agreement was amended to remove the minimum cash balance requirements (See Note 5 for further details).

The following table provides a reconciliation of cash, cash equivalents and restricted cash and cash equivalents reported within the Condensed Consolidated Balance Sheets as of June 30, 2020 and December 31, 2019 that sum to the total of the same such amounts shown in the Condensed Consolidated Statements of Cash Flows (in thousands):

	June 30, 2020		December 31, 2019
Cash and cash equivalents	$	6,392	$	1,777
Restricted cash and cash equivalents		—		—
Restricted cash and cash equivalents, long-term		—		2,500
Total cash, cash equivalents and restricted cash and cash equivalents shown in the consolidated statement of cash flows	$	6,392	$	4,277

Investments

In connection with the license agreement with Reneo Pharmaceuticals, Inc. (“Reneo”) (the “Reneo License Agreement”), the Company received common stock representing a minority equity interest in Reneo that is classified as a long-term investment in the Company’s Condensed Consolidated Balance Sheets as of June 30, 2020 and December 31, 2019. The Company owns less than 20% of the voting equity of Reneo and does not have the ability to exercise significant influence over Reneo. Since it does not have a readily determinable market value, the Company has elected to measure its investment in Reneo at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment.

No adjustments were made to the value of the Company’s investment in Reneo for the three and six months ended June 30, 2020 and 2019 either due to impairment or based on observable price changes.

Revenue Recognition

The Company uses the revenue recognition guidance established by ASC Topic 606, “Revenue From Contracts With Customers” (“ASC Topic 606”).

The majority of the Company’s revenue results from its license and collaboration agreements associated with the development of investigational drug products. The Company accounts for a contract when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of consideration is probable. For each contract meeting these criteria, the Company identifies the performance obligations included within the contract. A performance obligation is a promise in a contract to transfer a distinct good or service to the customer. The Company then recognizes revenue under each contract as the related performance obligations are satisfied.

The transaction price under the contract is determined based on the value of the consideration expected to be received in exchange for the transferred assets or services. Development, regulatory and sales milestones included in the Company’s collaboration agreements are considered to be variable consideration. The amount of variable consideration expected to be received is included in the transaction price when it becomes probable that the milestone will be met. For contracts with multiple performance obligations, the contract’s transaction price is allocated to each performance obligation using the Company’s best estimate of the standalone selling price of each distinct good or service in the contract. The primary method used to estimate standalone selling price is the expected cost plus margin approach. Revenue is recognized over the related period over which the Company expects the services to be provided using a proportional performance model or a straight-line method of recognition if there is no discernable pattern over which the services will be provided.

Research and Development

Major components of research and development costs include cash and share-based compensation, costs of preclinical studies, clinical trials and related clinical manufacturing, costs of drug development, costs of materials and supplies, regulatory and compliance costs, fees paid to consultants and other entities that conduct certain research and development activities on the Company’s behalf, facilities costs, and overhead costs. Research and development costs are expensed as incurred.

The Company records accruals based on estimates of the services received, efforts expended, and amounts owed pursuant to contracts with numerous contract research organizations. In the normal course of business, the Company contracts with third parties to perform various clinical study activities in the ongoing development of potential products. The financial terms of these agreements are subject to negotiation and variation from contract to contract and may result in uneven payment flows. Payments under the contracts depend on factors such as the achievement of certain events and the completion of portions of the clinical study or similar conditions. The objective of the Company’s accrual policy is to match the recording of expenses in its financial statements to the actual services received and efforts expended. As such, expense accruals related to clinical studies are recognized based on the Company’s estimate of the degree of completion of the event or events specified in the specific clinical study.

The Company records nonrefundable advance payments it makes for future research and development activities as prepaid expenses. Prepaid expenses are recognized as expense in the Condensed Consolidated Statements of Operations as the Company receives the related goods or services.

Research and development costs that are reimbursed under a cost-sharing arrangement are reflected as a reduction of research and development expense.

Recently Issued Accounting Pronouncements

There have been no recently accounting pronouncements which are expected to have a material impact on the Company’s financial statements.

Collaboration Agreements

6 Months Ended

Jun. 30, 2020

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Collaboration Agreements

Note 3:

Collaboration Agreements

Reneo License Agreement

The Company is party to the Reneo License Agreement, under which Reneo obtained an exclusive, worldwide, sublicensable license to develop and commercialize the Company’s peroxisome proliferation activated receptor delta (PPAR-δ) agonist program, including the compound HPP593, for therapeutic, prophylactic or diagnostic application in humans.

The Company has fully allocated the transaction price to the license and the technology transfer services, which represents a single combined performance obligation because they were not capable of being distinct on their own. The revenue related to this performance obligation was recognized on a straight-line basis over the technology transfer service period.

The revenue related to this performance obligation has been fully recognized as of June 30, 2020. No revenue related to this performance obligation was recognized for the three and six months ended June 30, 2020. For the three and six months ended June 30, 2019, the Company recognized revenue related to this performance obligation of $0.8 million and $1.7 million, respectively.

Huadong License Agreement

The Company is party to a License Agreement with Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. (“Huadong”) (the “Huadong License Agreement”), under which Huadong obtained an exclusive and sublicensable license to develop and commercialize the Company’s glucagon-like peptide-1 receptor agonist (“GLP-1r”) program, including the compound TTP273, for therapeutic uses in humans or animals, in China and certain other pacific rim countries, including Australia and South Korea (collectively, the “Huadong License Territory”). Additionally, under the Huadong License Agreement, the Company obtained a non-exclusive, sublicensable, royalty-free license to develop and commercialize certain Huadong patent rights and know-how related to the Company’s GLP-1r program for therapeutic uses in humans or animals outside of the Huadong License Territory.

Under the Huadong License Agreement, the Company is also responsible for conducting a Phase 2 multi-region clinical trial (the “Phase 2 MRCT”), should Huadong require it to do so. If conducted, the Phase 2 MRCT will include sites in both the United States and Huadong License Territory for the purpose of assessing the safety and efficacy of TTP273 in patients with type 2 diabetes. The Phase 2 MRCT will be designed to satisfy the requirements of the China Food and Drug Administration necessary in order for Huadong to begin a Phase 3 clinical trial in China. The Company will also be responsible for contributing up to $3.0 million in connection with the Phase 2 MRCT.

The significant performance obligations under this license agreement were determined to be (i) the exclusive license to develop and commercialize the Company’s GLP-1r program, (ii) technology transfer services related to the chemistry and manufacturing know-how for a defined period after the effective date, (iii) the obligation to sponsor and conduct the Phase 2 MRCT, (iv) the Company’s obligation to participate on a joint development committee (the “JDC”), and (v) other obligations considered to be de minimis in nature.

The Company has determined that the license and technology transfer services related to the chemistry and manufacturing know-how represent a combined performance obligation because they were not capable of being distinct on their own. The Company also determined that there was no discernable pattern in which the technology transfer services would be provided during the transfer service period. As such, the Company recognized the revenue related to this combined performance obligation using the straight-line method over the transfer service period. The revenue related to this combined performance obligation has been fully recognized as of June 30, 2020. No revenue related to this combined performance obligation was recognized during the three and six months ended June 30, 2020 and 2019.

The portion of the transaction price allocated to the obligation to sponsor and conduct a portion of the Phase 2 MRCT was $1.0 million and remained deferred as of June 30, 2020. Revenue for this performance obligation will be recognized using the proportional performance model over the period during which the Company conducts the Phase 2 MRCT trial. Since the Company has not yet begun the Phase 2 MRCT trial, no revenue for this performance obligation has yet been recognized. The expectation of when, or if, the Phase 2 MRCT trial will begin remains indeterminate.

The portion of the transaction price allocated to the obligation to participate in the joint development committee (the “JDC”) to oversee the development of products and the Phase 2 MRCT in accordance with the development plan remained deferred as of June 30, 2020 and revenue will be recognized using the proportional performance model over the period of the Company’s participation on the JDC. The unrecognized amount of the transaction price allocated to this performance obligation as of June 30, 2020 was $0.1 million. An immaterial amount of revenue for this performance obligation has been recognized during the six months ended June 30, 2020.

There have been no adjustments to the transaction price for the performance obligations under the Huadong License Agreement during the three and six months ended June 30, 2020.

Newsoara License Agreement

The Company is party to a license agreement with Newsoara Biopharma Co., Ltd., (“Newsoara”) (the “Newsoara License Agreement”) under which Newsoara obtained an exclusive and sublicensable license to develop and commercialize the Company’s phosphodiesterase type 4 inhibitors (“PDE4”) program, including the compound HPP737, in China, Hong Kong, Macau, Taiwan and other pacific rim countries (collectively, the “Newsoara License Territory”). Additionally, under the Newsoara License Agreement, the Company obtained a non-exclusive, sublicensable, royalty-free license to develop and commercialize certain Newsoara patent rights and know-how related to the Company’s PDE4 program for therapeutic uses in humans outside of the Newsoara License Territory.

The Company has fully allocated the transaction price to the license and the technology transfer services which represents a single performance obligation because they were not capable of being distinct on their own. The Company recognized revenue for this performance obligation using the straight-line method over the transfer service period. The revenue for this performance obligation has been fully recognized as of June 30, 2020. No revenue related to this performance obligation was recognized during the three and six months ended June 30, 2020. During the six months ended June 30, 2019, the transaction price for this performance obligation was increased by $1.0 million due to the satisfaction of a development milestone under the license agreement. This amount was fully recognized as revenue during the six months ended June 30, 2019, as the related performance obligation was fully satisfied.

JDRF Agreement

In August 2017, the Company entered into a research and collaboration agreement with JDRF International (the “JDRF Agreement”) to support the funding of the Simplici-T1 Study, a Phase 2 study to explore the effects of TTP399 in patients with type 1 diabetes. According to the terms of the JDRF Agreement, JDRF will provide research funding of up to $3.0 million based on the achievement of research and development milestones, with the total funding provided by JDRF not to exceed approximately one-half of the total cost of the project. Additionally, the Company has the obligation to make certain milestone payments to JDRF upon the commercialization, licensing, sale or transfer of TTP399 as a treatment for type 1 diabetes.

Payments that the Company receives from JDRF under this agreement will be recorded as restricted cash and current liabilities and recognized as an offset to research and development expense, based on the progress of the project, and only to the extent that the restricted cash is utilized to fund such development activities. As of June 30, 2020, the Company had received funding under this agreement of $3.0 million. Research and development costs have been offset by a total of $3.0 million over the course of this agreement.

Contract Liabilities

Contract liabilities related to the Company’s collaboration agreements consisted of the following (in thousands):

	June 30, 2020		December 31, 2019
Current portion of contract liabilities	$	31	$	31
Contract liabilities, net of current portion		1,025		1,033
Total contract liabilities	$	1,056	$	1,064

The change in the Company’s contract liabilities for the six months ended June 30, 2020 of an immaterial amount was due to the recognition of amounts included in the contract liability at the beginning of the period.

Share-Based Compensation

6 Months Ended

Jun. 30, 2020

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Share-Based Compensation

Note 4:

Share-Based Compensation

The Company has issued non-qualified stock option awards to certain employees of the Company. These option awards vest ratably over a three-year period and the option awards expire after a term of ten years from the date of grant. As of June 30, 2020, the Company had total unrecognized stock-based compensation expense for its outstanding stock option awards of approximately $1.2 million, which is expected to be recognized over a weighted average period of 1.8 years. The weighted average grant date fair value of option grants during the six months ended June 30, 2020 and 2019 was $2.26 and $1.94 per option, respectively. The aggregate intrinsic value of the in-the-money awards outstanding at June 30, 2020 was $0.1 million.

The Company uses the Black-Scholes option pricing model to calculate the fair value of stock options granted. The fair value of stock options granted was estimated using the following assumptions:

	For the Six Months Ended June 30,
	2020		2019
Expected volatility	120.37%		115.29% - 117.94%
Expected life of option, in years		5.7	5.8 - 6.0
Risk-free interest rate	0.39%		1.88% - 2.64%
Expected dividend yield	0.00%		0.00%

The following table summarizes the activity related to the stock option awards for the six months ended June 30, 2020:

	Number of Shares		Weighted- Average Exercise Price
Awards outstanding at December 31, 2019		2,531,143	$	6.19
Granted		86,250		2.65
Forfeited		—		—
Awards outstanding at June 30, 2020		2,617,393	$	6.08
Options exercisable at June 30, 2020		1,834,944	$	7.66
Weighted average remaining contractual term	6.4 Years
Options vested and expected to vest at June 30, 2020		2,556,696	$	6.17
Weighted average remaining contractual term	7.1 Years

The following table summarizes the activity related to the RSU awards for the six months ended June 30, 2020:

	Number of Shares			Weighted- Average Grant Date Fair Value
Awards outstanding at December 31, 2019		11,667		$	5.81
Vested		(11,667	)		5.81
Awards outstanding at June 30, 2020		—		$	—
RSUs expected to vest at June 30, 2020		—		$	—

Compensation expense related to the grants of stock options and RSUs is included in research and development and general and administrative expense as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Research and development	$	68	$	150	$	201	$	215
General and administrative		118		251		365		467
Total share-based compensation expense	$	186	$	401	$	566	$	682

Notes Payable

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Notes Payable

Note 5:

Notes Payable

Notes payable consist of the following (in thousands):

	June 30, 2020			December 31, 2019
Notes payable under the Loan Agreement	$	3,229		$	4,896
Short-term financing		—			144
Accreted final payment		1,314			1,132
Total notes payable		4,543			6,172
Less: Current portion		(4,543	)		(6,172	)
Total notes payable, net of current portion	$	—		$	—

In October 2016, the Company entered into the Loan Agreement with Horizon Technology Finance Corporation and Silicon Valley Bank, under which the Company and vTv LLC borrowed $20.0 million. On April 1, 2020, the Company entered into an amendment to the Loan Agreement (the “Second Amendment”) and on July 29, 2020, the Company entered into the Third Amendment to the Loan Agreement. These amendments extended the maturity dates of the loans and adjusted the minimum cash balance requirements and their impacts have been incorporated into these disclosures and are more fully described below.

Each loan tranche bears interest at a floating rate equal to 10.5% plus the amount by which the one-month London Interbank Offer Rate (“LIBOR”) exceeds 0.5%.

The Company borrowed the first tranche of $12.5 million upon close of the Loan Agreement in October 2016. The first tranche originally required only monthly interest payments until May 1, 2018 followed by equal monthly payments of principal plus accrued interest through the scheduled maturity date on May 1, 2020. In connection with the Third Amendment, the maturity date of the first tranche was extended to September 1, 2020. In addition, a final payment for the first tranche loan equal to $0.8 million originally due on May 1, 2020 was extended to September 1, 2020 as part of the Third Amendment, or such earlier date specified in the Loan Agreement. The Company borrowed the second tranche of $7.5 million in March 2017. The second tranche required only monthly interest payments until October 1, 2018 followed by equal monthly payments of principal plus accrued interest through the scheduled maturity date on October 1, 2020. In connection with the Second Amendment, the maturity date of the second tranche was extended to January 1, 2021. In addition, a final payment for the second tranche loan equal to $0.5 million was originally due on October 1, 2020, or such earlier date specified in the Loan Agreement. In connection with the Second Amendment, the due date for this final payment was extended to January 1, 2021, or such earlier date specified in the Loan Agreement. The total amount of the payment was increased to $0.8 million as a result of the Second and Third Amendments. For each of the first and second tranches, the combined Second and Third Amendment require only monthly interest payments on the outstanding principal balance for the amounts due from April 1, 2020, through August 1, 2020. As amended, the remaining principal balance and final interest payment under the first tranche is payable upon maturity on September 1, 2020. Further, the Second and Third Amendments require equal monthly principal payments plus accrued interest for the second tranche beginning September 1, 2020 through the scheduled maturity on January 1, 2021.

If the Company repays all or a portion of the loan prior to the applicable maturity dates, as amended, it will pay the Lenders a prepayment penalty fee, based on a percentage of the then outstanding principal balance equal to 2.0%.

The Company’s obligations under the Loan Agreement are secured by a first priority security interest in substantially all of its assets. The Company has granted the Lenders a first priority security interest in all of the Company’s intellectual property, subject to certain limited exceptions. The Company has agreed not to pledge or otherwise encumber its intellectual property assets, subject to certain exceptions.

The Loan Agreement includes customary affirmative and restrictive covenants, including, but not limited to, restrictions on the payment of dividends or other equity distributions and the incurrence of debt or liens upon the assets of the Company or its subsidiaries. The Loan Agreement does not contain any financial maintenance covenants other than a requirement to maintain a minimum cash balance. Prior to the Second and Third Amendments, the Company was required to maintain a cash balance of not less than $2.5 million in a deposit account pledged to secure the Loan Agreement and subject to an account control agreement. In connection with the Second Amendment, this requirement was temporarily eliminated for the period beginning April 1, 2020 and ending June 30, 2020. Beginning July 1, 2020, until the repayment of the full amounts due under the Loan Agreement, the Company must maintain a minimum cash balance equal to the lesser of (i) $1.0 million or (ii) the then-current aggregate outstanding principal balance of the loans. However, with the Third Amendment, the minimum cash requirement was eliminated entirely. The Loan Agreement includes customary events of default, including payment defaults, covenant defaults, and material adverse change default. Upon the occurrence of an event of default and following any applicable cure periods, a default interest rate of an additional 5.0% will be applied to the outstanding loan balances, and the Lenders may declare all outstanding obligations immediately due and payable and take such other actions as set forth in the Loan Agreement.

The costs incurred in connection with the Loan Agreement, along with the allocated fair value of the common stock warrants issued upon execution of the Loan Agreement are treated as a debt discount and are offset against the carrying value of the notes payable in the Company’s Condensed Consolidated Balance Sheet as of June 30, 2020 and December 31, 2019. The Second Amendment was considered a modification to the existing agreement for accounting purposes. As such, the Company determined a new effective interest rate of 17.8% on the debt considering the remaining unamortized cost and the increase to the final payment for the second tranche. The related costs will be amortized and the final payments for the first and second loan tranches are accrued as additional interest expense, using the effective interest method over the remaining term of the Loan Agreement.

Commitments and Contingencies

6 Months Ended

Jun. 30, 2020

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

Note 6:

Commitments and Contingencies

Legal Matters

From time to time, the Company is involved in various legal proceedings arising in the normal course of business. If a specific contingent liability is determined to be probable and can be reasonably estimated, the Company accrues and discloses the amount. The Company is not currently a party to any material legal proceedings.

Novo Nordisk

In February 2007, the Company entered into an Agreement Concerning Glucokinase Activator Project with Novo Nordisk A/S (the “Novo License Agreement”) whereby we obtained an exclusive, worldwide, sublicensable license under certain Novo Nordisk intellectual property rights to discover, develop, manufacture, have manufactured, use and commercialize products for the prevention, treatment, control, mitigation or palliation of human or animal diseases or conditions. As part of this license grant, the Company obtained certain worldwide rights to Novo Nordisk’s GKA program, including rights to preclinical and clinical compounds such as TTP399. This agreement was amended in May 2019 to create milestone payments applicable to certain specific and non-specific areas of therapeutic use. Under the terms of the Novo License Agreement, the Company has additional potential developmental and regulatory milestone payments totaling up to $9.0 million for approval of a product for the treatment of type 1 diabetes, $50.5 million for approval of a product for the treatment of type 2 diabetes, or $115.0 million for approval of a product in any other indication. The Company may also be obligated to pay an additional $75.0 million in potential sales-based milestones, as well as royalty payments, at mid-single digit royalty rates, based on tiered sales of commercialized licensed products.

Huadong License Agreement

Under the terms of the Huadong License Agreement, vTv LLC is obligated to act as the sponsor of the Phase 2 MRCT should Huadong require it to do so. If conducted, the Phase 2 MRCT will include sites in both the US and the Huadong License Territory for the purpose of assessing the safety and efficacy of TTP273 in patients with type 2 diabetes and will be designed to satisfy the requirements of the China Food and Drug Administration necessary in order for Huadong to begin a Phase 3 clinical trial in China. vTv LLC will be responsible for contributing up to $3.0 million in connection with the Phase 2 MRCT. The expectation of when, or if, the Phase 2 MRCT trial will begin remains indeterminate.

Leases

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Leases

Note 7:

Leases

The Company leased its former headquarters location under an operating lease that expired in December 2019. In connection with its adoption of ASC Topic 842, the Company recognized a right of use asset and corresponding operating lease liability of $0.3 million related to this lease as of January 1, 2019. The Company elected to use the package of practical expedients in implementing ASC Topic 842 under which the Company did not reassess the operating or finance lease classification of its previously existing leases. Further, the Company did not reassess whether expired or existing contracts include leases.

In August 2019, the Company leased new office space for its headquarters location under an operating lease. This lease commenced in November 2019 after the completion of certain tenant improvements made by the lessor. The lease includes an option to renew for a five-year term as well as an option to terminate after three years, neither of which have been recognized as part of its related right of use assets or lease liabilities as their election is not considered reasonably certain. Further, this lease does not include any material residual value guarantee or restrictive covenants.

At each of June 30, 2020 and December 31, 2019, the weighted average incremental borrowing rate for the operating leases held by the Company was 13.1%. At June 30, 2020 and December 31, 2019, the weighted average remaining lease terms for the operating leases held by the Company were 4.6 years and 5.1 years, respectively.

Maturities of lease liabilities for the Company’s operating leases as of June 30, 2020 were as follows (in thousands):

2020 (remaining six months)	$	125
2021		255
2022		261
2023		268
2024		275
Thereafter		23
Total lease payments		1,207
Less: imputed interest		(308	)
Present value of lease liabilities	$	899

Operating lease cost and the related operating cash flows for the six months ended June 30, 2020 and 2019 were immaterial amounts.

Redeemable Noncontrolling Interest

6 Months Ended

Jun. 30, 2020

Noncontrolling Interest [Abstract]

Redeemable Noncontrolling Interest

Note 8:

Redeemable Noncontrolling Interest

The Company is subject to the Exchange Agreement with respect to the vTv Units representing the 32.5% noncontrolling interest in vTv LLC outstanding as of June 30, 2020 (see Note 10). The Exchange Agreement requires the surrender of an equal number of vTv Units and Class B Common Stock for (i) shares of Class A Common Stock on a one-for-one basis or (ii) cash (based on the fair market value of the Class A Common Stock as determined pursuant to the Exchange Agreement), at the Company’s option (as the managing member of vTv LLC), subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications. The exchange value is determined based on a 20-day volume weighted average price of the Class A Common Stock as defined in the Exchange Agreement, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications.

The redeemable noncontrolling interest is recognized at the higher of (1) its initial fair value plus accumulated earnings/losses associated with the noncontrolling interest or (2) the redemption value as of the balance sheet date. At June 30, 2020 and December 31, 2019, the redeemable noncontrolling interest was recorded based on the redemption value as of the balance sheet date of $63.4 million and $40.2 million, respectively.

Changes in the Company’s ownership interest in vTv LLC while the Company retains its controlling interest in vTv LLC are accounted for as equity transactions, and the Company is required to adjust noncontrolling interest and equity for such changes. The following is a summary of net income attributable to vTv Therapeutics Inc. and transfers to noncontrolling interest:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2020			2019			2020			2019
Net loss attributable to vTv Therapeutics Inc. common shareholders	$	(3,368	)	$	(2,882	)	$	(8,092	)	$	(8,765	)
Increase in vTv Therapeutics Inc. accumulated deficit for purchase of LLC Units as a result of common stock issuances		(3,006	)		(2,464	)		(5,429	)		(9,893	)
Change from net loss attributable to vTv Therapeutics Inc. common shareholders and transfers to noncontrolling interest	$	(6,374	)	$	(5,346	)	$	(13,521	)	$	(18,658	)

Stockholders' Equity

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Stockholders' Equity

Note 9:

Stockholders’ Equity

ATM Offering

In April 2020, the Company entered into the Sales Agreement with Cantor as the sales agent, pursuant to which the Company may offer and sell, from time to time, through Cantor, shares of its Class A common stock, par value $0.01 per share, having an aggregate offering price of up to $13 million by any method deemed to be an “at the market offering” as defined in Rule 415(a)(4) under the Securities Act (the “ATM Offering”). The shares are offered and sold pursuant to the Company’s shelf registration statement on Form S-3.

During the three and six months ended June 30, 2020, the Company sold 2,638,306 shares of Class A common stock under the ATM Offering at then-market prices for total gross proceeds of approximately $7.6 million. After offering costs and sales commissions owed in connection with the ATM Offering, the Company’s aggregate net proceeds for the three and six months ended June 30, 2020 were approximately $7.3 million.

Related-Party Transactions

6 Months Ended

Jun. 30, 2020

Related-Party Transactions

Note 10:

Related-Party Transactions

MacAndrews & Forbes Incorporated

As of June 30, 2020, subsidiaries and affiliates of MacAndrews & Forbes Incorporated (collectively “MacAndrews”) indirectly controlled 23,084,267 shares of the Company’s Class B Common Stock and 34,731,212 shares of the Company’s Class A Common Stock. As a result, MacAndrews’ holdings represent approximately 81.4% of the combined voting power of the Company’s outstanding common stock.

The Company has entered into several agreements with MacAndrews or its affiliates as further detailed below:

Letter Agreements

The Company has entered into the Letter Agreements with MacAndrews. Under the terms of the Letter Agreements, the Company has the right to sell to MacAndrews shares of its Class A Common Stock at a specified price per share, and MacAndrews has the right (exercisable up to three times) to require the Company to sell to it shares of Class A Common Stock at the same price. In addition, in connection with and as a commitment fee for the entrance into certain of these Letter Agreements, the Company also issued MacAndrews warrants (the “Letter Agreement Warrants”) to purchase additional shares of the Company’s Class A Common Stock.

Certain terms of these Letter Agreements are set forth in the table below:

	December 11, 2018 Letter Agreement		March 18, 2019 Letter Agreement		September 26, 2019 Letter Agreement		December 23, 2019 Letter Agreement
Aggregate dollar value to be sold under agreement	$10.0 million		$9.0 million		$10.0 million		$10.0 million
Specified purchase price per share	$	1.84	$	1.65	$	1.46	$	1.60
Expiration date of letter agreement	December 11, 2019		March 18, 2020		September 26, 2020		December 23, 2020
Shares available to be issued under related warrants		340,534		—		400,990		365,472
Exercise price of related warrants	$	2.12	$	—	$	1.68	$	1.84
Expiration date of related warrants	December 11, 2025				September 26, 2026		December 23, 2026
Total shares issued as of June 30, 2020		5,434,783		5,454,546		6,849,316		4,375,000
Remaining shares to be issued as of June 30, 2020		—		—		—		1,875,000

The March 18, 2019 Letter Agreement resulted in a deemed distribution to MacAndrews of $3.7 million. This deemed distribution was the result of the fair value of the financial instruments issued to MacAndrews exceeding the fair value of the financial instrument received by the Company. This deemed distribution has been reflected as an increase to the net loss attributable to common shareholders of vTv Therapeutics Inc. for computing net loss per share.

The Letter Agreement Warrants have been recorded as warrant liability, related party within the Company’s Condensed Consolidated Balance Sheets based on their fair value. The issuance of the Letter Agreement Warrants was considered to be a cost of equity recorded as a reduction to additional paid-in capital.

Exchange Agreement

The Company and MacAndrews are party to an exchange agreement (the “Exchange Agreement”) pursuant to which the vTv Units (along with a corresponding number of shares of the Class B Common Stock) are exchangeable for (i) shares of the Company’s Class A Common Stock on a one-for-one basis or (ii) cash (based on the fair market value of the Class A Common Stock as determined pursuant to the Exchange Agreement), at the Company’s option (as the managing member of vTv LLC), subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications. Any decision to require an exchange for cash rather than shares of Class A Common Stock will ultimately be determined by the entire board of directors of vTv Therapeutics Inc. (the “Board of Directors”). As of June 30, 2020, MacAndrews had not exchanged any shares under the provisions of the Exchange Agreement.

Tax Receivable Agreement

The Company and MacAndrews are party to a tax receivable agreement (the “Tax Receivable Agreement”), which provides for the payment by the Company to M&F TTP Holdings Two LLC (“M&F”), as successor in interest to vTv Therapeutics Holdings, LLC (“vTv Therapeutics Holdings”), and M&F TTP Holdings LLC (or certain of its transferees or other assignees) of 85% of the amount of cash savings, if any, in U.S. federal, state and local income tax or franchise tax that the Company actually realizes (or, in some circumstances, the Company is deemed to realize) as a result of (a) the exchange of Class B Common Stock, together with the corresponding number of vTv Units, for shares of the Company’s Class A Common Stock (or for cash), (b) tax benefits related to imputed interest deemed to be paid by the Company as a result of the Tax Receivable Agreement and (c) certain tax benefits attributable to payments under the Tax Receivable Agreement.

As no shares have been exchanged by MacAndrews pursuant to the Exchange Agreement (discussed above), the Company has not recognized any liability nor has it made any payments pursuant to the Tax Receivable Agreement as of June 30, 2020.

Investor Rights Agreement

The Company is party to an investor rights agreement with M&F, as successor in interest to vTv Therapeutics Holdings (the “Investor Rights Agreement”). The Investor Rights Agreement provides M&F with certain demand, shelf and piggyback registration rights with respect to its shares of Class A Common Stock and also provides M&F with certain governance rights, depending on the size of its holdings of Class A Common Stock. Under the Investor Rights Agreement, M&F was initially entitled to nominate a majority of the members of the Board of Directors and designate the members of the committees of the Board of Directors.

Income Taxes

6 Months Ended

Jun. 30, 2020

Income Tax Disclosure [Abstract]

Income Taxes

Note 11:

Income Taxes

The Company is subject to U.S. federal income taxes as well as state taxes. The Company did not record an income tax provision for the three and six months ended June 30, 2020. The Company recorded an income tax provision of $0.1 million for the three and six months ended June 30, 2019 related to the foreign withholding taxes paid in connection with payments recognized under the Newsoara License Agreement.

Management has evaluated the positive and negative evidence surrounding the realization of its deferred tax assets, including the Company’s history of losses, and under the applicable accounting standards determined that it is more-likely-than-not that the deferred tax assets will not be realized. The difference between the effective tax rate of the Company and the U.S. statutory tax rate of 21% at June 30, 2020 is due to the valuation allowance against the Company’s expected net operating losses.

On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was enacted in response to the COVID-19 outbreak / pandemic. The CARES Act made various tax law changes including among other things (i) increased the limitation under IRC Section 163(j) for 2019 and 2020 to permit additional expensing of interest (ii) enacted a technical correction so that qualified improvement property can be immediately expensed under IRC Section 168(k) and (iii) made modifications to the federal net operating loss rules including permitting federal net operating losses incurred in 2018, 2019, and 2020 to be carried back to each of the five preceding taxable years in order to generate a refund of previously paid income taxes. The Company is currently evaluating the impact of the CARES Act but does not expect it to have a material impact on its financial statements as the Company has historically generated federal net operating losses and maintains a full valuation allowance against its deferred tax assets.

As discussed in Note 10, the Company is party to a tax receivable agreement with a related party which provides for the payment by the Company to M&F (or certain of its transferees or other assignees) of 85% of the amount of cash savings, if any, in U.S. federal, state and local income tax or franchise tax that the Company actually realizes (or, in some circumstances, the Company is deemed to realize) as a result of certain transactions. As no transactions have occurred which would trigger a liability under this agreement, the Company has not recognized any liability related to this agreement as of June 30, 2020.

Net Loss per Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Net Loss per Share

Note 12:

Net Loss per Share

Basic loss per share is computed by dividing net loss attributable to vTv Therapeutics Inc. by the weighted-average number of shares of Class A Common Stock outstanding during the period. Diluted loss per share is computed giving effect to all potentially dilutive shares. Diluted loss per share for all periods presented is the same as basic loss per share as the inclusion of potentially issuable shares would be antidilutive.

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share of Class A Common Stock is as follows (in thousands, except share and per share amounts):

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2020			2019			2020			2019
Numerator:
Net loss	$	(4,991	)	$	(5,114	)	$	(12,156	)	$	(9,096	)
Less: Net loss attributable to noncontrolling interests		(1,623	)		(2,232	)		(4,064	)		(4,059	)
Net loss attributable to vTv Therapeutics Inc.		(3,368	)		(2,882	)		(8,092	)		(5,037	)
Less: Deemed distribution to related party (Note 10)		—			—			—			(3,728	)
Net loss attributable to common shareholders of vTv Therapeutics Inc., basic and diluted		(3,368	)		(2,882	)		(8,092	)		(8,765	)
Denominator:
Weighted-average vTv Therapeutics Inc. Class A Common Stock, basic and diluted		45,661,221			28,037,628			44,561,886			25,464,562
Net loss per share of vTv Therapeutics Inc. Class A Common Stock, basic and diluted	$	(0.07	)	$	(0.10	)	$	(0.18	)	$	(0.34	)

Potentially dilutive securities not included in the calculation of diluted net loss per share are as follows:

	June 30, 2020		June 30, 2019
Class B Common Stock ⁽¹⁾		23,094,221		23,094,221
Common stock options granted under the Plan		2,617,393		2,576,711
Restricted stock units		—		11,667
Common stock options granted under Letter Agreements		1,875,000		4,242,425
Common stock warrants		2,014,503		1,248,041
Total		29,601,117		31,173,065

(1)

Shares of Class B Common Stock do not share in the Company’s earnings and are not participating securities. Accordingly, separate presentation of loss per share of Class B Common Stock under the two-class method has not been provided. Each share of Class B Common Stock (together with a corresponding vTv Unit) is exchangeable for one share of Class A Common Stock.

Restructuring

6 Months Ended

Jun. 30, 2020

Restructuring And Related Activities [Abstract]

Restructuring

Note 13:

Restructuring

In December 2018, the Company initiated a corporate restructuring to align with a strategic decision to continue the development of its drug candidates using external resources rather than internal resources. The restructuring allowed the Company to reduce costs while continuing to conduct clinical trials, to support existing partnerships that are advancing development of additional assets, and to pursue new licensing and partnership opportunities. This restructuring included a significant reduction in its workforce. The Company completed these restructuring activities in the second quarter of 2019.

During the six months ended June 30, 2019, the Company made cash payments of $0.3 million related to these severance benefits and recognized an immaterial amount of expense related to this plan. No such amounts were paid nor was any expense recognized related to restructuring activities during the three or six months ended June 30, 2020.

Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

Note 14:

Fair Value of Financial Instruments

The carrying amount of certain of the Company’s financial instruments, including cash and cash equivalents, net accounts receivable, accounts payable and other accrued liabilities approximate fair value due to their short-term nature.

The fair value of the Company’s Loan Agreement is considered to approximate its carrying value because it bears interest at a variable interest rate.

The Company measures the value of its investment in Reneo at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment. During the three and six months ended June 30, 2020, there were no observable price changes in identical or similar investments, nor were there any indications of impairment. As such, the value of the Company’s investment in Reneo was not remeasured.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The Company evaluates its financial assets and liabilities subject to fair value measurements on a recurring basis to determine the appropriate level in which to classify them for each reporting period. This determination requires significant judgments. The following table summarizes the conclusions reached regarding fair value measurements as of June 30, 2020 and December 31, 2019 (in thousands):

Balance at June 30, 2020

Quoted Prices in Active Markets for Identical Assets

(Level 1)

Significant Other Observable Inputs

(Level 2)

Significant Unobservable Inputs

(Level 3)

Warrant liability, related party ⁽¹⁾

3,529

—

3,529

Total

3,529

—

3,529

Balance at December 31, 2019

Quoted Prices in Active Markets for Identical Assets

(Level 1)

Significant Other Observable Inputs

(Level 2)

Significant Unobservable Inputs

(Level 3)

Warrant liability, related party ⁽¹⁾

2,601

—

2,601

Total

2,601

—

2,601

(1)

Fair value determined using the Black-Scholes option pricing model. Expected volatility is based on a portfolio of selected stocks of companies believed to have market and economic characteristics similar to its own. The risk-free rate is based on the U.S. Treasury yield curve in effect at the time of the valuation.

	Changes in Level 3 instruments for the six months ended June 30,
	Balance at January 1		Net Change in fair value included in earnings			Purchases / Issuance		Sales / Repurchases		Balance at June 30,
2020
Warrant liability, related party	$	2,601	$	928		$	—	$	—	$	3,529
Total	$	2,601	$	928		$	—	$	—	$	3,529

2019
Warrant liability, related party	$	2,436	$	(1,196	)	$	—	$	—	$	1,240
Total	$	2,436	$	(1,196	)	$	—	$	—	$	1,240

During the three and six months ended June 30, 2020 and 2019, the Company recognized a loss of $0.6 million and a gain of $0.3 million, respectively, for the three month periods and a loss of $0.9 million and a gain of $1.2 million, respectively, for the six month periods related to the change in fair value of the Letter Agreement Warrants. These amounts were recognized as a component of other (expense) income – related party in the Condensed Consolidated Statements of Operations. Significant inputs utilized in the valuation of the Letter Agreement Warrants as of June 30, 2020 and December 31, 2019 were:

	June 30, 2020	December 31, 2019
Expected volatility	116.25% - 132.55%	110.76% - 123.83%
Risk-free interest rate	0.26% - 0.44%	1.69% - 1.83%

Changes in the unobservable inputs noted above would impact the amount of the liability for the Letter Agreement Warrants. Increases (decreases) in the estimates of the Company’s annual volatility would increase (decrease) the liability and an increase (decrease) in the annual risk-free rate would increase (decrease) the liability.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Subsequent Events

6 Months Ended

Jun. 30, 2020

Subsequent Events [Abstract]

Subsequent Events

Note 15:

Subsequent Events

On July 29, 2020, the Company entered into the Third Amendment to the Loan Agreement.

The Third Amendment allows for interest-only payments for the amounts due on July 1, 2020 and August 1, 2020. The Third Amendment also provides for a one-month extension in the maturity date of the first tranche to September 1, 2020, on which date the remaining outstanding principal balance and associated final payment will be due. Further, the Third Amendment amends the payment schedule for the second tranche, requiring equal monthly principal payments plus accrued interest beginning September 1, 2020 through the scheduled maturity on January 1, 2021. Finally, the Third Amendment removes the requirement for the Company to maintain a minimum cash balance for the remainder of the loan term.

As consideration for these amendments, the final payment for the second tranche, due upon maturity, has been increased by approximately $0.1 million.

Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Unaudited Interim Financial Information

Use of Estimates

Concentration of Credit Risk

Three customers represented 100% of the revenue earned during the three and six months ended June 30, 2019. Revenue for the three and six months ended June 30, 2020 was insignificant.

Cash and Cash Equivalents

The Company considers any highly liquid investments with an original maturity of three months or less to be cash and cash equivalents.

Restricted Cash and Cash Equivalents

	June 30, 2020		December 31, 2019
Cash and cash equivalents	$	6,392	$	1,777
Restricted cash and cash equivalents		—		—
Restricted cash and cash equivalents, long-term		—		2,500
Total cash, cash equivalents and restricted cash and cash equivalents shown in the consolidated statement of cash flows	$	6,392	$	4,277

Investments

No adjustments were made to the value of the Company’s investment in Reneo for the three and six months ended June 30, 2020 and 2019 either due to impairment or based on observable price changes.

Revenue Recognition

The Company uses the revenue recognition guidance established by ASC Topic 606, “Revenue From Contracts With Customers” (“ASC Topic 606”).

Research and Development

Research and development costs that are reimbursed under a cost-sharing arrangement are reflected as a reduction of research and development expense.

Recently Issued Accounting Pronouncements

There have been no recently accounting pronouncements which are expected to have a material impact on the Company’s financial statements.

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash

	June 30, 2020		December 31, 2019
Cash and cash equivalents	$	6,392	$	1,777
Restricted cash and cash equivalents		—		—
Restricted cash and cash equivalents, long-term		—		2,500
Total cash, cash equivalents and restricted cash and cash equivalents shown in the consolidated statement of cash flows	$	6,392	$	4,277

Collaboration Agreements (Tables)

6 Months Ended

Jun. 30, 2020

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Summary of Contract Liabilities Related to Company's Collaboration Agreements

Contract liabilities related to the Company’s collaboration agreements consisted of the following (in thousands):

	June 30, 2020		December 31, 2019
Current portion of contract liabilities	$	31	$	31
Contract liabilities, net of current portion		1,025		1,033
Total contract liabilities	$	1,056	$	1,064

Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Assumptions Used to Estimate Fair Value of Stock Option Awards Granted

The Company uses the Black-Scholes option pricing model to calculate the fair value of stock options granted. The fair value of stock options granted was estimated using the following assumptions:

	For the Six Months Ended June 30,
	2020		2019
Expected volatility	120.37%		115.29% - 117.94%
Expected life of option, in years		5.7	5.8 - 6.0
Risk-free interest rate	0.39%		1.88% - 2.64%
Expected dividend yield	0.00%		0.00%

Summary of Stock Award Activity for the Period

The following table summarizes the activity related to the stock option awards for the six months ended June 30, 2020:

	Number of Shares		Weighted- Average Exercise Price
Awards outstanding at December 31, 2019		2,531,143	$	6.19
Granted		86,250		2.65
Forfeited		—		—
Awards outstanding at June 30, 2020		2,617,393	$	6.08
Options exercisable at June 30, 2020		1,834,944	$	7.66
Weighted average remaining contractual term	6.4 Years
Options vested and expected to vest at June 30, 2020		2,556,696	$	6.17
Weighted average remaining contractual term	7.1 Years

Summary of Activity Related to RSU Awards

The following table summarizes the activity related to the RSU awards for the six months ended June 30, 2020:

	Number of Shares			Weighted- Average Grant Date Fair Value
Awards outstanding at December 31, 2019		11,667		$	5.81
Vested		(11,667	)		5.81
Awards outstanding at June 30, 2020		—		$	—
RSUs expected to vest at June 30, 2020		—		$	—

Summary of Compensation Expense Related to Grants of Stock Options and RSUs

Compensation expense related to the grants of stock options and RSUs is included in research and development and general and administrative expense as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Research and development	$	68	$	150	$	201	$	215
General and administrative		118		251		365		467
Total share-based compensation expense	$	186	$	401	$	566	$	682

Notes Payable (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Schedule of Notes Payable

Notes payable consist of the following (in thousands):

	June 30, 2020			December 31, 2019
Notes payable under the Loan Agreement	$	3,229		$	4,896
Short-term financing		—			144
Accreted final payment		1,314			1,132
Total notes payable		4,543			6,172
Less: Current portion		(4,543	)		(6,172	)
Total notes payable, net of current portion	$	—		$	—

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Schedule of Maturities of Lease Liabilities for Operating Leases

Maturities of lease liabilities for the Company’s operating leases as of June 30, 2020 were as follows (in thousands):

2020 (remaining six months)	$	125
2021		255
2022		261
2023		268
2024		275
Thereafter		23
Total lease payments		1,207
Less: imputed interest		(308	)
Present value of lease liabilities	$	899

Redeemable Noncontrolling Interest (Tables)

6 Months Ended

Jun. 30, 2020

Noncontrolling Interest [Abstract]

Summary of Net Income Attributable to Vtv Therapeutics Inc

The following is a summary of net income attributable to vTv Therapeutics Inc. and transfers to noncontrolling interest:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2020			2019			2020			2019
Net loss attributable to vTv Therapeutics Inc. common shareholders	$	(3,368	)	$	(2,882	)	$	(8,092	)	$	(8,765	)
Increase in vTv Therapeutics Inc. accumulated deficit for purchase of LLC Units as a result of common stock issuances		(3,006	)		(2,464	)		(5,429	)		(9,893	)
Change from net loss attributable to vTv Therapeutics Inc. common shareholders and transfers to noncontrolling interest	$	(6,374	)	$	(5,346	)	$	(13,521	)	$	(18,658	)

Related-Party Transactions (Tables)

6 Months Ended

Jun. 30, 2020

Summary of Terms of Letter Agreements

Certain terms of these Letter Agreements are set forth in the table below:

	December 11, 2018 Letter Agreement		March 18, 2019 Letter Agreement		September 26, 2019 Letter Agreement		December 23, 2019 Letter Agreement
Aggregate dollar value to be sold under agreement	$10.0 million		$9.0 million		$10.0 million		$10.0 million
Specified purchase price per share	$	1.84	$	1.65	$	1.46	$	1.60
Expiration date of letter agreement	December 11, 2019		March 18, 2020		September 26, 2020		December 23, 2020
Shares available to be issued under related warrants		340,534		—		400,990		365,472
Exercise price of related warrants	$	2.12	$	—	$	1.68	$	1.84
Expiration date of related warrants	December 11, 2025				September 26, 2026		December 23, 2026
Total shares issued as of June 30, 2020		5,434,783		5,454,546		6,849,316		4,375,000
Remaining shares to be issued as of June 30, 2020		—		—		—		1,875,000

Net Loss per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Reconciliation of the Numerator and Denominator Used in the Calculation of Basic and Diluted Net Loss per Share of Class A Common Stock

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2020			2019			2020			2019
Numerator:
Net loss	$	(4,991	)	$	(5,114	)	$	(12,156	)	$	(9,096	)
Less: Net loss attributable to noncontrolling interests		(1,623	)		(2,232	)		(4,064	)		(4,059	)
Net loss attributable to vTv Therapeutics Inc.		(3,368	)		(2,882	)		(8,092	)		(5,037	)
Less: Deemed distribution to related party (Note 10)		—			—			—			(3,728	)
Net loss attributable to common shareholders of vTv Therapeutics Inc., basic and diluted		(3,368	)		(2,882	)		(8,092	)		(8,765	)
Denominator:
Weighted-average vTv Therapeutics Inc. Class A Common Stock, basic and diluted		45,661,221			28,037,628			44,561,886			25,464,562
Net loss per share of vTv Therapeutics Inc. Class A Common Stock, basic and diluted	$	(0.07	)	$	(0.10	)	$	(0.18	)	$	(0.34	)

Schedule of Potentially Dilutive Securities not Included in Calculation of Diluted Net Loss per Share

Potentially dilutive securities not included in the calculation of diluted net loss per share are as follows:

	June 30, 2020		June 30, 2019
Class B Common Stock ⁽¹⁾		23,094,221		23,094,221
Common stock options granted under the Plan		2,617,393		2,576,711
Restricted stock units		—		11,667
Common stock options granted under Letter Agreements		1,875,000		4,242,425
Common stock warrants		2,014,503		1,248,041
Total		29,601,117		31,173,065

(1)

Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Summarizes the Conclusions Reached Regarding Fair Value Measurements

The following table summarizes the conclusions reached regarding fair value measurements as of June 30, 2020 and December 31, 2019 (in thousands):

Balance at June 30, 2020

Quoted Prices in Active Markets for Identical Assets

(Level 1)

Significant Other Observable Inputs

(Level 2)

Significant Unobservable Inputs

(Level 3)

Warrant liability, related party ⁽¹⁾

3,529

—

3,529

Total

3,529

—

3,529

Balance at December 31, 2019

Quoted Prices in Active Markets for Identical Assets

(Level 1)

Significant Other Observable Inputs

(Level 2)

Significant Unobservable Inputs

(Level 3)

Warrant liability, related party ⁽¹⁾

2,601

—

2,601

Total

2,601

—

2,601

(1)

	Changes in Level 3 instruments for the six months ended June 30,
	Balance at January 1		Net Change in fair value included in earnings			Purchases / Issuance		Sales / Repurchases		Balance at June 30,
2020
Warrant liability, related party	$	2,601	$	928		$	—	$	—	$	3,529
Total	$	2,601	$	928		$	—	$	—	$	3,529

2019
Warrant liability, related party	$	2,436	$	(1,196	)	$	—	$	—	$	1,240
Total	$	2,436	$	(1,196	)	$	—	$	—	$	1,240

Assumptions Used to Calculate Fair Value of Warrants

Significant inputs utilized in the valuation of the Letter Agreement Warrants as of June 30, 2020 and December 31, 2019 were:

	June 30, 2020	December 31, 2019
Expected volatility	116.25% - 132.55%	110.76% - 123.83%
Risk-free interest rate	0.26% - 0.44%	1.69% - 1.83%

Description of Business, Basis of Presentation and Going Concern - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Accumulated deficit	$ (268,873)	$ (233,522)
Cash and cash equivalents	6,392	$ 1,777
Amount remaining under letter agreement	3,000
Cantor Fitzgerald [Member] \| Class A Common Stock [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Remaining available stock value	$ 5,400
vTv Therapeutics LLC [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of non-voting economic interest of vTv Therapeutics Holdings LLC in vTv LLC	32.50%
Percentage of non-voting economic interest of vTv Therapeutics Inc in vTv LLC	67.50%

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019 Customer	Jun. 30, 2019 Customer	Jun. 30, 2020 USD ($)	Dec. 31, 2019 USD ($)
Summary Of Significant Accounting Policies [Line Items]
Restricted cash and cash equivalents, long-term \| $			$ 0	$ 2,500
Revenue [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of customers \| Customer	3	3
Revenue [Member] \| Customer [Member]
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage	100.00%	100.00%

Summary of Significant Accounting Policies - Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash (Detail) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Cash and cash equivalents	$ 6,392	$ 1,777
Restricted cash and cash equivalents, long-term	0	2,500
Total cash, cash equivalents and restricted cash and cash equivalents shown in the consolidated statement of cash flows	$ 6,392	$ 4,277	$ 3,962	$ 4,183

Collaboration Agreements - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Aug. 31, 2017	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Research and development		$ 2,509,000	$ 4,228,000	$ 6,713,000	$ 7,050,000
Collaborative Arrangements [Member] \| Phase 2 MRCT [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Maximum contribution amount to clinical trial		3,000,000		3,000,000
Collaborative Arrangements [Member] \| Reneo [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Collaboration revenue recognized		0	800,000	0	1,700,000
Collaborative Arrangements [Member] \| Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Adjustments to transaction price for performance obligations		0		0
Collaborative Arrangements [Member] \| Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. [Member] \| Phase 2 MRCT [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Maximum contribution amount to clinical trial		3,000,000		3,000,000
Unrecognized amount of transaction price allocated to performance obligation		1,000,000		1,000,000
Collaborative Arrangements [Member] \| Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. [Member] \| Phase 2 MRCT [Member] \| License and Technology Transfer Services of Chemistry and Manufacturing Know-How [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Collaboration revenue recognized		0	$ 0	0	0
Collaborative Arrangements [Member] \| Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. [Member] \| Obligation to Sponsor and Conduct Portion of Phase 2 MRCT [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Collaboration revenue recognized				0
Collaborative Arrangements [Member] \| Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. [Member] \| Joint Development Committee [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Unrecognized amount of transaction price allocated to performance obligation		100,000		100,000
Collaborative Arrangements [Member] \| Newsoara Biopharma Co Ltd [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Contract with Customer, Liability, Cumulative Catch-up Adjustment to Revenue, Change in Estimate of Transaction Price					$ 1,000,000
Collaborative Arrangements [Member] \| Newsoara Biopharma Co Ltd [Member] \| License And Technology Transfer Services [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Collaboration revenue recognized		$ 0		0
Collaborative Arrangements [Member] \| JDRF [Member]
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]
Maximum research funding receivable achievement based on research and development milestones	$ 3,000,000
Maximum funding percentage of research and development milestones	50.00%
Funding received				3,000,000
Research and development				$ 3,000,000

Collaboration Agreements - Summary of Contract Liabilities Related to Company's Collaboration Agreements (Detail) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Deferred Revenue Disclosure [Abstract]
Current portion of contract liabilities	$ 31	$ 31
Contract liabilities, net of current portion	1,025	1,033
Total contract liabilities	$ 1,056	$ 1,064

Share-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-qualified stock option awards vesting period	3 years
Non-qualified stock option awards expiration term	10 years
Aggregate intribsic valueof the in-the-money	$ 0.1
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to non-vested share-based compensation arrangements for outstanding stock option awards	$ 1.2
Weighted average period to recognize unrecognized share-based compensation cost	1 year 9 months 18 days
Weighted average grant date fair value of options granted	$ 2.26	$ 1.94

Share-Based Compensation - Assumptions Used to Estimate Fair Value of Stock Option Awards Granted (Detail)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Schedule of Share Based Compensation Valuation Assumptions [Line Items]
Expected volatility	120.37%
Expected life of option, in years	5 years 8 months 12 days
Risk-free interest rate	0.39%
Expected dividend yield	0.00%	0.00%
Minimum [Member]
Schedule of Share Based Compensation Valuation Assumptions [Line Items]
Expected volatility		115.29%
Expected life of option, in years		5 years 9 months 18 days
Risk-free interest rate		1.88%
Maximum [Member]
Schedule of Share Based Compensation Valuation Assumptions [Line Items]
Expected volatility		115.88%
Expected life of option, in years		6 years
Risk-free interest rate		2.64%

Share-Based Compensation - Summary of Stock Award Activity for the Period (Detail)	6 Months Ended
	Jun. 30, 2020 $ / shares shares
Share Based Arrangements To Obtain Goods And Services [Abstract]
Number of Shares, Awards outstanding, Beginning balance \| shares	2,531,143
Number of Shares, Granted \| shares	86,250
Number of Shares, Awards outstanding, Ending balance \| shares	2,617,393
Number of Shares, Options exercisable \| shares	1,834,944
Number of Shares, Options exercisable, Weighted average remaining contractual term	6 years 4 months 24 days
Number of Shares, Options vested and expected to vest \| shares	2,556,696
Number of Shares, Options vested and expected to vest, Weighted average remaining contractual term	7 years 1 month 6 days
Weighted-Average Exercise Price, Awards outstanding, Beginning balance	$ 6.19
Weighted-Average Exercise Price, Granted	2.65
Weighted-Average Exercise Price, Forfeited
Weighted-Average Exercise Price, Awards outstanding, Ending balance	6.08
Weighted-Average Exercise Price, Options exercisable	7.66
Weighted-Average Exercise Price, Options vested and expected to vest	$ 6.17

Share-Based Compensation - Summary of Activity Related to RSU Awards (Detail) - Restricted Stock Units [Member]	6 Months Ended
	Jun. 30, 2020 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Awards outstanding, Beginning balance \| shares	11,667
Number of Shares, Vested \| shares	(11,667)
Weighted-Average Grant Date Fair Value, Awards outstanding, Beginning balance \| $ / shares	$ 5.81
Weighted-Average Grant Date Fair Value, Vested \| $ / shares	$ 5.81

Share-Based Compensation - Summary of Compensation Expense Related to Grants of Stock Options and RSUs (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	$ 186	$ 401	$ 566	$ 682
Research and Development [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	68	150	201	215
General and Administrative [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	$ 118	$ 251	$ 365	$ 467

Notes Payable - Schedule of Notes Payable (Detail) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Notes payable under the Loan Agreement	$ 3,229	$ 4,896
Short-term financing		144
Accreted final payment	(1,314)	(1,132)
Total notes payable	4,543	6,172
Less: Current portion	$ (4,543)	$ (6,172)

Notes Payable - Additional Information (Detail) - Loan and Security Agreement [Member] - USD ($)		1 Months Ended		3 Months Ended	6 Months Ended
	Jul. 29, 2020	Mar. 31, 2017	Oct. 31, 2016	Jun. 30, 2020	Jun. 30, 2020	Jul. 01, 2020
Debt Instrument [Line Items]
Effective Interest Rate On The Debt				17.80%	17.80%
Tranche One [Member] \| Subsequent Event [Member]
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 01, 2020
LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate floor			0.50%
Horizon Technology Finance Corporation and Silicon Valley Bank [Member]
Debt Instrument [Line Items]
Loan borrowed amount			$ 20,000,000
Debt instrument, interest rate floor			10.50%
Variable rate basis				one-month LIBOR
Interest rate description				Each loan tranche bears interest at a floating rate equal to 10.5% plus the amount by which the one-month London Interbank Offer Rate (“LIBOR”) exceeds 0.5%.
Prepayment penalty fee			2.00%
Minimum cash balance required in deposit account				$ 2,500,000	$ 2,500,000
Debt instrument covenant description					Beginning July 1, 2020, until the repayment of the full amounts due under the Loan Agreement, the Company must maintain a minimum cash balance equal to the lesser of (i) $1.0 million or (ii) the then-current aggregate outstanding principal balance of the loans.
Additional default interest rate					5.00%
Horizon Technology Finance Corporation and Silicon Valley Bank [Member] \| Subsequent Event [Member]
Debt Instrument [Line Items]
Minimum cash balance required in deposit account						$ 1,000,000
Horizon Technology Finance Corporation and Silicon Valley Bank [Member] \| Tranche One [Member]
Debt Instrument [Line Items]
Loan borrowed amount			$ 12,500,000
Debt instrument, payment terms					The Company borrowed the first tranche of $12.5 million upon close of the Loan Agreement in October 2016. The first tranche originally required only monthly interest payments until May 1, 2018 followed by equal monthly payments of principal plus accrued interest through the scheduled maturity date on May 1, 2020.
Debt instrument, final payment			$ 800,000
Debt instrument, maturity date			May 01, 2020
Debt instrument, frequency of periodic Payment					monthly
Horizon Technology Finance Corporation and Silicon Valley Bank [Member] \| Tranche Two [Member]
Debt Instrument [Line Items]
Loan borrowed amount		$ 7,500,000
Debt instrument, payment terms					The Company borrowed the second tranche of $7.5 million in March 2017. The second tranche required only monthly interest payments until October 1, 2018 followed by equal monthly payments of principal plus accrued interest through the scheduled maturity date on October 1, 2020.
Debt instrument, final payment			$ 500,000
Debt instrument, maturity date			Oct. 01, 2020
Debt instrument, frequency of periodic Payment					monthly
Horizon Technology Finance Corporation and Silicon Valley Bank [Member] \| Tranche One And Two [Member]
Debt Instrument [Line Items]
Debt instrument, payment terms					The total amount of the payment was increased to $0.8 million as a result of the Second and Third Amendments. For each of the first and second tranches, the combined Second and Third Amendment require only monthly interest payments on the outstanding principal balance for the amounts due from April 1, 2020, through August 1, 2020
Debt instrument, final payment				$ 800,000	$ 800,000

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Jun. 30, 2020	Feb. 28, 2007
Developmental and Regulatory Milestone Payment [Member] \| Novo License Agreement [Member] \| Maximum [Member] \| Other Indication [Member]
Commitments And Contingencies [Line Items]
Potential milestone payment		$ 115,000,000
Developmental and Regulatory Milestone Payment [Member] \| Novo License Agreement [Member] \| Maximum [Member] \| Type 1 Diabetes [Member]
Commitments And Contingencies [Line Items]
Potential milestone payment		9,000,000
Developmental and Regulatory Milestone Payment [Member] \| Novo License Agreement [Member] \| Maximum [Member] \| Type 2 Diabetes [Member]
Commitments And Contingencies [Line Items]
Potential milestone payment		50,500,000
Sales-based Milestones Payment [Member] \| Novo License Agreement [Member]
Commitments And Contingencies [Line Items]
Potential milestone payment		$ 75,000,000
Phase 2 MRCT [Member] \| Collaborative Arrangements [Member]
Commitments And Contingencies [Line Items]
Maximum contribution amount to clinical trial	$ 3,000,000

Leases - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	Jan. 01, 2019
Lessee Lease Description [Line Items]
Operating lease right-of-use assets	$ 514	$ 543
Operating lease liabilites	$ 899
Weighted average incremental borrowing rate	13.10%	13.10%
Remaining operating lease term	4 years 7 months 6 days	5 years 1 month 6 days
ASC Topic 842 [Member]
Lessee Lease Description [Line Items]
Operating lease right-of-use assets			$ 300
Operating lease liabilites			$ 300
Operating lease expiration period	Dec. 31, 2019

Leases - Schedule of Maturities of Lease Liabilities for Operating Leases (Detail) $ in Thousands	Jun. 30, 2020 USD ($)
Operating Lease Liabilities Payments Due [Abstract]
2020 (remaining six months)	$ 125
2021	255
2022	261
2023	268
2024	275
Thereafter	23
Total lease payments	1,207
Less: imputed interest	(308)
Present value of lease liabilities	$ 899

Redeemable Noncontrolling Interest - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Noncontrolling Interest [Line Items]
Redemption amount of noncontrolling interest	$ 63.4	$ 40.2
Class A Common Stock [Member]
Noncontrolling Interest [Line Items]
Number of days used to determine exchange value based on weighted average price of Class A common stock	20 days
Class A Common Stock [Member] \| Exchange of Redeemable Non controlling Interest To Class A Common Stock [Member]
Noncontrolling Interest [Line Items]
Stock conversion ratio	1.00
vTv Therapeutics LLC [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest ownership percentage	32.50%

Redeemable Noncontrolling Interest - Summary of Net Income Attributable to Vtv Therapeutics Inc (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Noncontrolling Interest [Abstract]
Net loss attributable to vTv Therapeutics Inc. common shareholders	$ (3,368)	$ (2,882)	$ (8,092)	$ (8,765)
Increase in vTv Therapeutics Inc. accumulated deficit for purchase of LLC Units as a result of common stock issuances	(3,006)	(2,464)	(5,429)	(9,893)
Change from net loss attributable to vTv Therapeutics Inc. common shareholders and transfers to noncontrolling interest	$ (6,374)	$ (5,346)	$ (13,521)	$ (18,658)

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	6 Months Ended
	Apr. 30, 2020	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Class Of Stock [Line Items]
Net proceeds from issuance of common stock			$ 7,280	$ 5,443
Class A Common Stock [Member]
Class Of Stock [Line Items]
Common stock par value		$ 0.01	$ 0.01		$ 0.01
Cantor Fitzgerald [Member] \| ATM Offering [Member]
Class Of Stock [Line Items]
Gross proceeds from issuance of common stock		$ 7,600	$ 7,600
Net proceeds from issuance of common stock		$ 7,300	$ 7,300
Cantor Fitzgerald [Member] \| ATM Offering [Member] \| Class A Common Stock [Member]
Class Of Stock [Line Items]
Common stock par value	$ 0.01
Shares sold		2,638,306	2,638,306
Cantor Fitzgerald [Member] \| ATM Offering [Member] \| Class A Common Stock [Member] \| Maximum [Member]
Class Of Stock [Line Items]
Aggregate offering price	$ 13,000

Related-Party Transactions - Additional Information (Detail) $ in Thousands		6 Months Ended
	Mar. 18, 2019 USD ($)	Jun. 30, 2020 shares	Jun. 30, 2019 USD ($)
Related Party Transaction [Line Items]
Deemed distribution to related party \| $			$ 3,728
Class A Common Stock [Member] \| Exchange of Redeemable Non controlling Interest To Class A Common Stock [Member]
Related Party Transaction [Line Items]
Stock conversion ratio		1.00
MacAndrews & Forbes Incorporated [Member]
Related Party Transaction [Line Items]
Ownership percentage of majority owner		81.40%
Deemed distribution to related party \| $	$ 3,700
Amount of cash savings percentage		85.00%
Description of tax receivable agreement		The Company and MacAndrews are party to a tax receivable agreement (the “Tax Receivable Agreement”), which provides for the payment by the Company to M&F TTP Holdings Two LLC (“M&F”), as successor in interest to vTv Therapeutics Holdings, LLC (“vTv Therapeutics Holdings”), and M&F TTP Holdings LLC (or certain of its transferees or other assignees) of 85% of the amount of cash savings, if any, in U.S. federal, state and local income tax or franchise tax that the Company actually realizes (or, in some circumstances, the Company is deemed to realize) as a result of (a) the exchange of Class B Common Stock, together with the corresponding number of vTv Units, for shares of the Company’s Class A Common Stock (or for cash), (b) tax benefits related to imputed interest deemed to be paid by the Company as a result of the Tax Receivable Agreement and (c) certain tax benefits attributable to payments under the Tax Receivable Agreement.
MacAndrews & Forbes Incorporated [Member] \| Class B Common Stock [Member]
Related Party Transaction [Line Items]
Shares held by related party \| shares		23,084,267
MacAndrews & Forbes Incorporated [Member] \| Class A Common Stock [Member]
Related Party Transaction [Line Items]
Shares held by related party \| shares		34,731,212
MacAndrews & Forbes Incorporated [Member] \| Class A Common Stock [Member] \| Exchange of Redeemable Non controlling Interest To Class A Common Stock [Member]
Related Party Transaction [Line Items]
Stock conversion ratio		1.00

Related-Party Transactions - Summary of Terms of Letter Agreements (Detail) - MacAndrews & Forbes Incorporated [Member] - Class A Common Stock [Member] - USD ($) $ / shares in Units, $ in Millions	Dec. 23, 2019	Sep. 26, 2019	Mar. 18, 2019	Dec. 11, 2018
2018 Letter Agreement [Member]
Class Of Warrant Or Right [Line Items]
Aggregate dollar value to be sold under agreement				$ 10.0
Specified purchase price per share				$ 1.84
Expiration date of letter agreement				Dec. 11, 2019
Shares available to be issued under related warrants				340,534
Exercise price of related warrants				$ 2.12
Expiration date of related warrants				Dec. 11, 2025
Total shares issued as of June 30, 2020				5,434,783
2019 Letter Agreement [Member]
Class Of Warrant Or Right [Line Items]
Aggregate dollar value to be sold under agreement	$ 10.0	$ 10.0	$ 9.0
Specified purchase price per share	$ 1.60	$ 1.46	$ 1.65
Expiration date of letter agreement	Dec. 23, 2020	Sep. 26, 2020	Mar. 18, 2020
Shares available to be issued under related warrants	365,472	400,990
Exercise price of related warrants	$ 1.84	$ 1.68
Expiration date of related warrants	Dec. 23, 2026	Sep. 26, 2026
Total shares issued as of June 30, 2020	4,375,000	6,849,316	5,454,546
Remaining shares to be issued as of June 30, 2020	1,875,000

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Taxes [Line Items]
Income tax provision	$ 0	$ 100,000	$ 0	$ 100,000
US statutory corporate income tax rate			21.00%
M&F TTP Holdings LLC [Member]
Income Taxes [Line Items]
Amount of cash savings percentage			85.00%

Net Loss per Share - Reconciliation of the Numerator and Denominator Used in the Calculation of Basic and Diluted Net Loss per Share of Class A Common Stock (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Numerator:
Net loss	$ (4,991)	$ (5,114)	$ (12,156)	$ (9,096)
Less: Net loss attributable to noncontrolling interests	(1,623)	(2,232)	(4,064)	(4,059)
Net loss attributable to vTv Therapeutics Inc.	(3,368)	(2,882)	(8,092)	(5,037)
Less: Deemed distribution to related party (Note 10)				(3,728)
Net loss attributable to common shareholders of vTv Therapeutics Inc., basic and diluted	$ (3,368)	$ (2,882)	$ (8,092)	$ (8,765)
Class A Common Stock [Member]
Denominator:
Weighted-average vTv Therapeutics Inc. Class A Common Stock, basic and diluted	45,661,221	28,037,628	44,561,886	25,464,562
Net loss per share of vTv Therapeutics Inc. Class A Common Stock, basic and diluted	$ (0.07)	$ (0.10)	$ (0.18)	$ (0.34)

Net Loss per Share - Schedule of Potentially Dilutive Securities not Included in Calculation of Diluted Net Loss per Share (Detail) - shares	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities not included in calculation of dilutive net loss per share	29,601,117	31,173,065
Class B Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities not included in calculation of dilutive net loss per share	23,094,221	23,094,221
Common Stock Options Granted Under the Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities not included in calculation of dilutive net loss per share	2,617,393	2,576,711
Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities not included in calculation of dilutive net loss per share		11,667
Common Stock Options Granted Under Letter Agreements [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities not included in calculation of dilutive net loss per share	1,875,000	4,242,425
Common Stock Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities not included in calculation of dilutive net loss per share	2,014,503	1,248,041

Restructuring - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Restructuring And Related Activities [Abstract]
Restructuring, initiation date		Dec. 11, 2018
Cash payments on severance benefits		$ 300
Severance expense	$ 0	$ 0

Fair Value of Financial Instruments - Summary of Conclusions Reached Regarding Fair Value Measurements (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Significant Unobservable Inputs (Level 3) [Member]
Fair Value Of Assets And Liabilities Measured On Recurring Basis [Line Items]
Balance at January 1	$ 2,601	$ 2,436
Net Change in fair value included in earnings	928	(1,196)
Balance at June 30,	3,529	1,240
Significant Unobservable Inputs (Level 3) [Member] \| Warrant Liability, Related Party [Member]
Fair Value Of Assets And Liabilities Measured On Recurring Basis [Line Items]
Balance at January 1	2,601	2,436
Net Change in fair value included in earnings	928	(1,196)
Balance at June 30,	3,529	$ 1,240
Fair Value, Measurements, Recurring [Member]
Fair Value Of Assets And Liabilities Measured On Recurring Basis [Line Items]
Total	3,529		$ 2,601
Fair Value, Measurements, Recurring [Member] \| Warrant Liability, Related Party [Member]
Fair Value Of Assets And Liabilities Measured On Recurring Basis [Line Items]
Total	3,529		2,601
Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member]
Fair Value Of Assets And Liabilities Measured On Recurring Basis [Line Items]
Total	3,529		2,601
Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member] \| Warrant Liability, Related Party [Member]
Fair Value Of Assets And Liabilities Measured On Recurring Basis [Line Items]
Total	$ 3,529		$ 2,601

Fair Value of Financial Instruments - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Letter Agreement Warrants [Member]
Fair Value Of Assets And Liabilities Measured On Recurring Basis [Line Items]
Change in fair value of agreement warrants loss (gain)	$ 0.6	$ (0.3)	$ 0.9	$ (1.2)

Fair Value of Financial Instruments - Assumptions Used to Calculate Fair Value of Warrants (Detail) - Letter Agreement Warrants [Member]	Jun. 30, 2020	Dec. 31, 2019
Minimum [Member] \| Expected Volatility [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Inputs utilized in the valuation of warrants	116.25	110.76
Minimum [Member] \| Risk-Free Interest Rate [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Inputs utilized in the valuation of warrants	0.26	1.69
Maximum [Member] \| Expected Volatility [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Inputs utilized in the valuation of warrants	132.55	123.83
Maximum [Member] \| Risk-Free Interest Rate [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Inputs utilized in the valuation of warrants	0.44	1.83

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member] - Loan and Security Agreement [Member] $ in Millions	Jul. 29, 2020 USD ($)
Tranche One [Member]
Subsequent Event [Line Items]
Debt instrument, maturity date	Sep. 01, 2020
Tranche Two [Member]
Subsequent Event [Line Items]
Increase in final interest payment	$ 0.1