2022 Q3 Form 10-Q Financial Statement
#000121390022048035 Filed on August 15, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $323.1K | $214.7K | $210.3K |
YoY Change | |||
Cost Of Revenue | $233.7K | $174.9K | $188.1K |
YoY Change | |||
Gross Profit | $89.44K | $39.86K | $22.21K |
YoY Change | |||
Gross Profit Margin | 27.68% | 18.56% | 10.56% |
Selling, General & Admin | $3.911M | $833.9K | $4.711M |
YoY Change | -15.01% | 1797.78% | -8.71% |
% of Gross Profit | 4372.79% | 2092.34% | 21210.09% |
Research & Development | $1.571M | $1.188M | $1.428M |
YoY Change | 6.73% | 27.36% | 51.96% |
% of Gross Profit | 1755.95% | 2980.46% | 6431.25% |
Depreciation & Amortization | $126.7K | $99.85K | $123.6K |
YoY Change | -0.07% | -0.43% | 23.6% |
% of Gross Profit | 141.7% | 250.53% | 556.51% |
Operating Expenses | $5.482M | $2.022M | $6.139M |
YoY Change | -9.74% | 107.01% | 0.81% |
Operating Profit | -$5.392M | -$5.771M | -$6.117M |
YoY Change | -11.21% | -0.07% | 0.44% |
Interest Expense | -$2.165M | -$79.05K | |
YoY Change | 82.49% | -80.41% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$2.165M | -$79.05K | $58.96K |
YoY Change | -41.28% | -80.41% | |
Pretax Income | -$7.558M | -$5.850M | -$6.059M |
YoY Change | -22.57% | -5.32% | -5.03% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$7.558M | -$5.850M | -$6.059M |
YoY Change | -22.57% | -5.32% | -5.02% |
Net Earnings / Revenue | -2338.9% | -2724.54% | -2881.46% |
Basic Earnings Per Share | -$5.27 | -$0.13 | -$6.80 |
Diluted Earnings Per Share | -$5.27 | -$0.13 | -$135.9K |
COMMON SHARES | |||
Basic Shares Outstanding | 56.85M shares | 45.56M shares | 891.6K shares |
Diluted Shares Outstanding | 1.433M shares | 45.56M shares | 891.6K shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $9.245M | $804.0K | $2.115M |
YoY Change | 69.03% | -90.66% | -84.95% |
Cash & Equivalents | $9.245M | $804.0K | $2.115M |
Short-Term Investments | |||
Other Short-Term Assets | $689.4K | $590.4K | $534.9K |
YoY Change | 65.7% | -55.15% | -29.61% |
Inventory | $1.442M | $1.333M | $1.042M |
Prepaid Expenses | $689.4K | $590.4K | |
Receivables | $662.8K | $410.6K | $248.8K |
Other Receivables | $585.4K | $500.0K | $500.0K |
Total Short-Term Assets | $12.62M | $3.638M | $4.441M |
YoY Change | 1.93% | -63.35% | -70.01% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.249M | $2.345M | $6.202M |
YoY Change | -63.86% | -56.39% | 118.38% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $398.1K | $410.8K | $446.8K |
YoY Change | 26.12% | 51.14% | 538.34% |
Other Assets | $347.6K | $524.5K | $515.1K |
YoY Change | -17.66% | 740.76% | |
Total Long-Term Assets | $6.555M | $7.102M | $7.351M |
YoY Change | -8.97% | 18.79% | 129.01% |
TOTAL ASSETS | |||
Total Short-Term Assets | $12.62M | $3.638M | $4.441M |
Total Long-Term Assets | $6.555M | $7.102M | $7.351M |
Total Assets | $19.18M | $10.74M | $11.79M |
YoY Change | -2.08% | -32.48% | -34.56% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.712M | $4.813M | $2.559M |
YoY Change | 63.77% | 297.13% | 163.83% |
Accrued Expenses | $1.123M | $1.131M | $1.138M |
YoY Change | 10.13% | 24.7% | 191.79% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $80.00K | $465.9K | $0.00 |
YoY Change | |||
Long-Term Debt Due | $246.7K | $438.4K | $626.3K |
YoY Change | -66.85% | -85.32% | -52.19% |
Total Short-Term Liabilities | $4.373M | $7.041M | $4.515M |
YoY Change | 21.45% | 34.68% | 32.78% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Other Long-Term Liabilities | $2.112M | $2.338M | $2.555M |
YoY Change | -23.65% | -20.98% | 87.84% |
Total Long-Term Liabilities | $2.112M | $2.338M | $2.555M |
YoY Change | -29.9% | -50.4% | -21.15% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.373M | $7.041M | $4.515M |
Total Long-Term Liabilities | $2.112M | $2.338M | $2.555M |
Total Liabilities | $6.485M | $9.379M | $7.069M |
YoY Change | -1.95% | -5.66% | 6.3% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$86.83M | -$79.26M | |
YoY Change | |||
Common Stock | $3.731K | $55.47K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $201.6K | $201.6K | |
YoY Change | |||
Treasury Stock Shares | 2.017K shares | 100.8K shares | |
Shareholders Equity | $12.69M | $1.361M | $4.723M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $19.18M | $10.74M | $11.79M |
YoY Change | -2.08% | -32.48% | -34.56% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$7.558M | -$5.850M | -$6.059M |
YoY Change | -22.57% | -5.32% | -5.02% |
Depreciation, Depletion And Amortization | $126.7K | $99.85K | $123.6K |
YoY Change | -0.07% | -0.43% | 23.6% |
Cash From Operating Activities | -$7.818M | -$2.654M | -$5.199M |
YoY Change | 72.75% | -47.03% | 28.38% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.190K | -$126.3K | -$147.8K |
YoY Change | -97.7% | -44.72% | -69.84% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $91.62K | -$9.440K | -$225.6K |
YoY Change | -101.34% | -84.87% | |
Cash From Investing Activities | $87.44K | -$135.7K | -$373.4K |
YoY Change | -101.24% | -53.34% | -23.8% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 16.17M | 1.479M | -184.2K |
YoY Change | 91.9% | -1246.79% | -102.28% |
NET CHANGE | |||
Cash From Operating Activities | -7.818M | -2.654M | -5.199M |
Cash From Investing Activities | 87.44K | -135.7K | -373.4K |
Cash From Financing Activities | 16.17M | 1.479M | -184.2K |
Net Change In Cash | 8.441M | -1.311M | -5.757M |
YoY Change | -368.76% | -75.86% | -262.62% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$7.818M | -$2.654M | -$5.199M |
Capital Expenditures | -$4.190K | -$126.3K | -$147.8K |
Free Cash Flow | -$7.814M | -$2.528M | -$5.052M |
YoY Change | 79.9% | -47.14% | 41.9% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Type
DocumentType
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10-Q | ||
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Document Quarterly Report
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true | ||
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Document Period End Date
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|
2022-06-30 | ||
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Document Fiscal Year Focus
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2022 | ||
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Document Transition Report
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false | ||
dei |
Entity File Number
EntityFileNumber
|
001-39336 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Aditxt, Inc. | ||
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Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
82-3204328 | ||
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737 N. Fifth Street | ||
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Suite 200 | ||
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Richmond | ||
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VA | ||
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|
23219 | ||
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(650) | ||
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870-1200 | ||
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Common Stock, par value $0.001 per share | ||
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ADTX | ||
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NASDAQ | ||
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CY2022Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
2946 | usd |
CY2021Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
384023 | usd |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
2946 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
654104 | usd | |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-79049 | usd |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-403429 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-21259 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-690064 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-5850006 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6178436 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-11909147 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-12558103 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5850006 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6178436 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11909147 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12558103 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.42 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | ||
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10180773 | usd |
CY2022Q1 | adtx |
Stock Issued During Period Value Stock Option And Warrant Compensation
StockIssuedDuringPeriodValueStockOptionAndWarrantCompensation
|
219885 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
377671 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
3719 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6059141 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4722907 | usd |
CY2022Q2 | adtx |
Stock Issued During Period Value Stock Option And Warrant Compensation
StockIssuedDuringPeriodValueStockOptionAndWarrantCompensation
|
724584 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
309704 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
1203769 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
250000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5850006 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1360958 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11011482 | usd |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
718425 | usd | |
adtx |
Ti Allowance Receivable
TIAllowanceReceivable
|
215173 | usd | |
CY2021Q1 | adtx |
Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
|
3718956 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
51240 | usd |
CY2021Q1 | adtx |
Stock Issued During Period Value Issuance Of Shares For Compensation
StockIssuedDuringPeriodValueIssuanceOfSharesForCompensation
|
1112200 | usd |
CY2021Q1 | adtx |
Stock Issued During Period Value Stock Option And Warrant Compensation
StockIssuedDuringPeriodValueStockOptionAndWarrantCompensation
|
301462 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1322840 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
231316 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6379667 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11369829 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
181860 | usd |
CY2021Q2 | adtx |
Stock Issued During Period Value Issuance Of Shares For Compensation
StockIssuedDuringPeriodValueIssuanceOfSharesForCompensation
|
331500 | usd |
CY2021Q2 | adtx |
Stock Issued During Period Value Stock Option And Warrant Compensation
StockIssuedDuringPeriodValueStockOptionAndWarrantCompensation
|
259070 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6178436 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5963823 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11909147 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12558103 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1885563 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2237332 | usd | |
us-gaap |
Depreciation
Depreciation
|
196704 | usd | |
us-gaap |
Depreciation
Depreciation
|
166529 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
53500 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
53060 | usd | |
adtx |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
2946 | usd | |
adtx |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
654104 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
320749 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
130316 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
199536 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
838198 | usd | |
us-gaap |
Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
|
31587 | usd | |
us-gaap |
Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
|
384707 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3237681 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
970384 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7853603 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9060937 | usd | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
274073 | usd | |
adtx |
Ti Allowance Receivable
TIAllowanceReceivable
|
62393 | usd | |
adtx |
Note Receivables And Accrued Interest
NoteReceivablesAndAccruedInterest
|
19836 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-509082 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-780818 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
550000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
5000000 | usd | |
adtx |
Discount On Convertible Note Payable From Offering Costs
DiscountOnConvertibleNotePayableFromOfferingCosts
|
-16500 | usd | |
adtx |
Discount On Convertible Note Payable From Offering Costs
DiscountOnConvertibleNotePayableFromOfferingCosts
|
-526460 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
70598 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
3718956 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
1203769 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
372076 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
241442 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1294595 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7951054 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-7068090 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1890701 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7872061 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10500826 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
803971 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8610125 | usd |
us-gaap |
Interest Expense
InterestExpense
|
70831 | usd | |
adtx |
Lease Liability Recognized From Right Of Use Assets
LeaseLiabilityRecognizedFromRightOfUseAssets
|
2806427 | usd | |
adtx |
Original Issuance Discount On Notes Payable
OriginalIssuanceDiscountOnNotesPayable
|
1000000 | usd | |
adtx |
Debt Discount From Warrants Issued With Convertible Note Payable
DebtDiscountFromWarrantsIssuedWithConvertibleNotePayable
|
1322840 | usd | |
adtx |
Debt Discount From Warrant Consideration For Convertible Debt Offering Costs
DebtDiscountFromWarrantConsiderationForConvertibleDebtOfferingCosts
|
231316 | usd | |
adtx |
Liability Recognized For Financed Assets
LiabilityRecognizedForFinancedAssets
|
821862 | usd | |
CY2021Q3 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
4583334 | shares |
CY2021Q3 | us-gaap |
Accelerated Share Repurchases Initial Price Paid Per Share
AcceleratedShareRepurchasesInitialPricePaidPerShare
|
2.4 | |
CY2021Q3 | us-gaap |
Demutualization By Insurance Entity Securities Issued Gross Cash Proceeds
DemutualizationByInsuranceEntitySecuritiesIssuedGrossCashProceeds
|
11000000 | usd |
CY2021Q3 | us-gaap |
Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
|
4583334 | shares |
CY2021Q3 | adtx |
Debt Instrument Term Description
DebtInstrumentTermDescription
|
The warrants have an exercise price of $2.53 per share and are exercisable for a five-year period commencing six months from the date of issuance. | |
CY2021Q3 | adtx |
Warrants Exercise Price
WarrantsExercisePrice
|
1.5 | |
CY2021Q3 | adtx |
Purchase Of Common Stock
PurchaseOfCommonStock
|
229166 | shares |
CY2021Q3 | adtx |
Exercise Price Per Shares
ExercisePricePerShares
|
3 | |
CY2021Q4 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
2833333 | shares |
CY2021Q4 | adtx |
Exercise Price Per Shares
ExercisePricePerShares
|
1.5 | |
CY2021Q4 | us-gaap |
Demutualization By Insurance Entity Securities Issued Gross Cash Proceeds
DemutualizationByInsuranceEntitySecuritiesIssuedGrossCashProceeds
|
4250000 | usd |
CY2021Q4 | us-gaap |
Other Underwriting Expense
OtherUnderwritingExpense
|
3910000 | usd |
CY2021Q4 | adtx |
Net Proceeds
NetProceeds
|
16000000 | usd |
CY2021Q4 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
8246430 | shares |
CY2021Q4 | adtx |
Prefunded Warrants Shares
PrefundedWarrantsShares
|
8328570 | shares |
CY2021Q4 | adtx |
Exercise Price Per Shares
ExercisePricePerShares
|
1.15 | |
adtx |
Net Loss Cash Flow From Operating Activities
NetLossCashFlowFromOperatingActivities
|
11909147 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7853603 | usd | |
CY2022Q2 | us-gaap |
Cash
Cash
|
803971 | usd |
CY2022Q2 | us-gaap |
Customer Funds
CustomerFunds
|
67300000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
75000000 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of condensed financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements and the reported amounts of revenue and expense during the reporting period. Actual results could differ from those estimates. Significant estimates underlying the condensed financial statements include the collectability of notes receivable, collectability and reserve on accounts receivable, the reserve on insurance billing, and the fair value of stock options and warrants.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Concentrations of Credit Risk</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company maintains its cash accounts at financial institutions which are insured by the Federal Deposit Insurance Corporation. At times, the Company may have deposits in excess of federally insured limits.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
50808 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
0 | usd |
adtx |
Licensing Fee For Patents
LicensingFeeForPatents
|
248813 | usd | |
adtx |
Licensing Fee For Patents
LicensingFeeForPatents
|
76245 | usd | |
us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
2616302 | usd | |
us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
1868703 | usd | |
adtx |
Warrants Of Stock Options
WarrantsOfStockOptions
|
2235466 | shares | |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
865900 | shares | |
adtx |
Dilutive Earning Shares
DilutiveEarningShares
|
45963691 | shares | |
adtx |
Warrants Of Stock Options
WarrantsOfStockOptions
|
2143000 | shares | |
adtx |
Dilutive Earning Shares
DilutiveEarningShares
|
5463715 | shares | |
CY2021Q3 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
6500000 | usd |
CY2021Q3 | adtx |
Common Stock Yields Percentage
CommonStockYieldsPercentage
|
0.50 | pure |
CY2021Q4 | adtx |
Description Of Share Exchange Agreement
DescriptionOfShareExchangeAgreement
|
On December 28, 2021, we entered into a Share Exchange Agreement with Cellvera Global f/k/a AiPharma Global, pursuant to which we (i) will acquire 9.5% of the issued and outstanding equity interests in Cellvera Global in exchange for the issuance of 4,816,193 shares of our common stock of Aditxt and a cash payment of $250,000, at an initial closing upon the satisfaction or waiver of certain conditions to closing; and (ii) acquire the remaining 90.5% of the issued and outstanding equity interests in Cellvera Global in exchange for the issuance of 39,927,974 shares of our common stock and a cash payment of $250,000 at a secondary closing upon the satisfaction or waiver of certain conditions to closing. | |
CY2021Q3 | us-gaap |
Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
|
6500000 | usd |
CY2021Q4 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.08 | pure |
CY2021Q4 | adtx |
Credit Agreement Amendment Description
CreditAgreementAmendmentDescription
|
the Company entered into the first amendment to the Credit Agreement with Cellvera Global and certain affiliated entities (the “Credit Agreement Amendment”), pursuant to which the Company agreed to increase the amount which Cellvera Global was permitted to borrow under the Credit Agreement by $8.5 million to an aggregate of $15.0 million, of which $6.5 million was outstanding prior to entering the Credit Agreement Amendment. The Company agreed to fund such additional borrowings, as requested by Cellvera Global, by advancing 70% of any amounts received by the Company from the exercise of existing warrants or any other capital raises, including the October Offering. | |
CY2021 | adtx |
Advanced Credit Agreement
AdvancedCreditAgreement
|
8000000 | usd |
CY2021 | adtx |
Credit Agreement
CreditAgreement
|
14500000 | usd |
CY2021Q4 | us-gaap |
Loans Receivable With Variable Rates Of Interest1
LoansReceivableWithVariableRatesOfInterest1
|
14500000 | usd |
CY2022Q1 | us-gaap |
Loans Payable
LoansPayable
|
14500000 | usd |
CY2022Q2 | adtx |
Aggregate Amounts
AggregateAmounts
|
30000000 | usd |
CY2021 | adtx |
Credit Agreement Description
CreditAgreementDescription
|
On December 10, 2021, the Company entered into a secured credit agreement dated December 10, 2021 (the “Target Company Credit Agreement”) and signed on December 10, 2021 with the Target Company, pursuant to which the Company made a secured loan to the Target Company in the principal amount of $500,000 (the “Target Company Loan”) and agreed to make additional secured loans, as requested by the Target Company and approved by the Company, in an amount not to exceed $4.5 million. The Target Company Loan bears interest at a rate of 8% per annum and mature on December 8, 2022, provided, that the Letter of Intent currently contemplates that the Target Company Loan will be forgivable upon the closing of the acquisition contemplated by the letter of intent. The Target Company Credit Agreement also contains certain covenants that prohibit the Target Company from incurring additional indebtedness, entering into any fundamental transactions, issuing any equity interests subject to certain limited exceptions, or making any dispositions of its property. In connection with the Target Company Credit Agreement, the Company entered into a Security Agreement with the Target Company, pursuant to which the Target Company granted the Company a security interest in all of the Target Company’s assets as security for the Target Company Loan. | |
CY2022Q2 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
500000 | usd |
CY2022Q2 | us-gaap |
Loans Receivable With Fixed Rates Of Interest1
LoansReceivableWithFixedRatesOfInterest1
|
22356 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2928378 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
583712 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2344666 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2654307 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
387010 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2267297 | usd |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
99852 | usd |
CY2021Q2 | us-gaap |
Depreciation
Depreciation
|
100286 | usd |
us-gaap |
Depreciation
Depreciation
|
196704 | usd | |
us-gaap |
Depreciation
Depreciation
|
166529 | usd | |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
26750 | usd |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
26676 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
53500 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
53060 | usd | |
CY2021Q3 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
480000 | shares |
CY2022Q2 | adtx |
Aggregates Amount
AggregatesAmount
|
792000 | usd |
CY2022Q2 | adtx |
Gross Proceeds
GrossProceeds
|
550000 | usd |
CY2022Q2 | us-gaap |
Fee Income On Acceptances Executed
FeeIncomeOnAcceptancesExecuted
|
16500 | usd |
CY2022Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
13500 | usd |
CY2022Q2 | us-gaap |
Principal Amount Outstanding Of Loans Held In Portfolio
PrincipalAmountOutstandingOfLoansHeldInPortfolio
|
465848 | usd |
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
141429 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
653408 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
259293 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
653408 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
259293 | usd | |
CY2022Q2 | adtx |
Right Of Use Assets Long Term
RightOfUseAssetsLongTerm
|
3661247 | usd |
CY2021Q4 | adtx |
Right Of Use Assets Long Term
RightOfUseAssetsLongTerm
|
4097117 | usd |
adtx |
Total Right Of Use Asset
TotalRightOfUseAsset
|
3661247 | usd | |
CY2021 | adtx |
Total Right Of Use Asset
TotalRightOfUseAsset
|
4097117 | usd |
CY2022Q2 | adtx |
Operating Lease Liabilities Short Term
OperatingLeaseLiabilitiesShortTerm
|
1130611 | usd |
CY2021Q4 | adtx |
Operating Lease Liabilities Short Term
OperatingLeaseLiabilitiesShortTerm
|
1145126 | usd |
CY2022Q2 | adtx |
Operating Lease Liabilities Long Term
OperatingLeaseLiabilitiesLongTerm
|
2337652 | usd |
CY2021Q4 | adtx |
Operating Lease Liabilities Long Term
OperatingLeaseLiabilitiesLongTerm
|
2765933 | usd |
CY2022Q2 | adtx |
Total Lease Liability
TotalLeaseLiability
|
3468263 | usd |
CY2021Q4 | adtx |
Total Lease Liability
TotalLeaseLiability
|
3911059 | usd |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y18D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.08 | pure |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
adtx |
Stock Based Compensation For Consulting Services
StockBasedCompensationForConsultingServices
|
253719 | usd | |
adtx |
Stock Based Compensation
StockBasedCompensation
|
687375 | usd | |
adtx |
Stock Based Compensation For Consulting Services
StockBasedCompensationForConsultingServices
|
233100 | usd | |
CY2021Q2 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
1163556 | shares |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
3718956 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
465000 | shares | |
adtx |
Stock Based Compensation
StockBasedCompensation
|
1443700 | usd | |
CY2021Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
3000000 | shares |
CY2021Q1 | adtx |
Fair Market Value
FairMarketValue
|
1 | pure |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
387246 | usd |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
267318 | usd | |
adtx |
Other Research And Development
OtherResearchAndDevelopment
|
119928 | usd | |
adtx |
Share Based Payment Remnaining Expenses
ShareBasedPaymentRemnainingExpenses
|
583832 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P0Y4M13D | ||
adtx |
Stock Issued During Period Values Stock Options Exercised
StockIssuedDuringPeriodValuesStockOptionsExercised
|
423157 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
4 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
|
52524 | usd | |
us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
504699 | usd | |
CY2022Q2 | adtx |
Pursuant Agreement Description
PursuantAgreementDescription
|
Pursuant to the agreement, the Holder has agreed to exercise in cash 8,970,947 of its Series C Warrants at a reduced exercise price of $0.15 per Share (reduced from $1.15 per share), for gross proceeds to the Company of approximately $1.35 million. As an inducement to such exercise, the Company has agreed to reduce the exercise price of the Holder’s remaining Series C Warrants to purchase up to 2,457,623 Shares from $1.15 to $0.2479 per share, which will be non-exercisable for a period of six months following the closing date. The modification of this exercise price resulted in an increase of $344,158 to the fair value of the Series C Warrants. This modification was an inducement on the transaction and as such was recoded to equity resulting in no net change to additional paid in capital. In addition, the Company issued to the Holder a new warrant to purchase up to 20,399,517 shares of the Company’s common stock at an exercise price of $0.2479 per share, which will be non-exercisable for a period of six months following issuance date and have a term of five and one-half years. | |
CY2022Q2 | adtx |
Vesting Expense
VestingExpense
|
687375 | usd |
adtx |
Vesting Expense
VestingExpense
|
0 | usd | |
adtx |
Other Research And Development
OtherResearchAndDevelopment
|
183600 | usd | |
us-gaap |
Other Expenses
OtherExpenses
|
861631 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
|
P0Y9M7D | ||
adtx |
Total Granted
TotalGranted
|
582200 | shares | |
CY2022Q2 | adtx |
Shares Issued1
SharesIssued1
|
425375 | shares |
CY2022Q2 | adtx |
Shares Issued1
sharesIssued1
|
425375 | shares |
adtx |
Preferred Stock Votes
PreferredStockVotes
|
250000000 | shares | |
adtx |
Consideration Cash
ConsiderationCash
|
20000 | usd | |
CY2022Q2 | adtx |
Principal Amount
PrincipalAmount
|
1477778 | usd |
CY2022Q2 | adtx |
Senior Secured Promissory Notes Percentage
SeniorSecuredPromissoryNotesPercentage
|
0.10 | pure |
CY2022Q2 | adtx |
Gross Proceeds1
GrossProceeds1
|
1330000 | usd |
CY2022Q2 | us-gaap |
Shares Issued
SharesIssued
|
1477778 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
|
6275065 | shares |
adtx |
Warrants Exercisable Description
WarrantsExercisableDescription
|
The August 2022 Notes have a maturity date of twelve (12) months from the date of issuance and are convertible at the option of the Investor at any time prior to maturity in shares of Common Stock (the "Conversion Shares") at an initial conversion price of $0.2355 per share, subject to adjustment under certain circumstances. The August 2022 Warrants are exercisable for a period of five (5) years from period commencing on the Commencement Date (as defined therein) and ending on 5:00 p.m. eastern standard time on the date that is five (5) years after the date of issuance, at an exercise price of $0.2355, subject to adjustment provided therein (including cashless exercise). | ||
adtx |
Net Proceeds1
NetProceeds1
|
1244000 | usd | |
CY2022Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
us-gaap |
Revenues
Revenues
|
usd | ||
CY2021Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
usd | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
usd | ||
CY2021Q2 | us-gaap |
Gross Profit
GrossProfit
|
usd | |
us-gaap |
Gross Profit
GrossProfit
|
usd | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | ||
CY2022Q1 | adtx |
Stock Issued During Period Value Issuance Of Shares For Vested Restricted Stock Units
StockIssuedDuringPeriodValueIssuanceOfSharesForVestedRestrictedStockUnits
|
usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
usd | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
usd | ||
adtx |
Note Receivables And Accrued Interest
NoteReceivablesAndAccruedInterest
|
usd | ||
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Interest Expense
InterestExpense
|
usd | ||
adtx |
Lease Liability Recognized From Right Of Use Assets
LeaseLiabilityRecognizedFromRightOfUseAssets
|
usd | ||
adtx |
Original Issuance Discount On Notes Payable
OriginalIssuanceDiscountOnNotesPayable
|
usd | ||
adtx |
Debt Discount From Warrants Issued With Convertible Note Payable
DebtDiscountFromWarrantsIssuedWithConvertibleNotePayable
|
usd | ||
adtx |
Debt Discount From Warrant Consideration For Convertible Debt Offering Costs
DebtDiscountFromWarrantConsiderationForConvertibleDebtOfferingCosts
|
usd | ||
adtx |
Liability Recognized For Financed Assets
LiabilityRecognizedForFinancedAssets
|
usd | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001726711 | ||
CY2021Q2 | us-gaap |
Revenues
Revenues
|
usd |