2023 Q1 Form 10-Q Financial Statement
#000121390023039839 Filed on May 15, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q1 |
---|---|---|
Revenue | $218.4K | $210.3K |
YoY Change | 3.87% | |
Cost Of Revenue | $178.3K | $188.1K |
YoY Change | -5.19% | |
Gross Profit | $40.11K | $22.21K |
YoY Change | 80.58% | |
Gross Profit Margin | 18.36% | 10.56% |
Selling, General & Admin | $4.434M | $4.711M |
YoY Change | -5.87% | -8.71% |
% of Gross Profit | 11056.85% | 21210.09% |
Research & Development | $1.388M | $1.428M |
YoY Change | -2.86% | 51.96% |
% of Gross Profit | 3459.68% | 6431.25% |
Depreciation & Amortization | $109.9K | $123.6K |
YoY Change | -11.09% | 23.6% |
% of Gross Profit | 274.01% | 556.51% |
Operating Expenses | $5.822M | $6.139M |
YoY Change | -5.17% | 0.81% |
Operating Profit | -$5.782M | -$6.117M |
YoY Change | -5.48% | 0.44% |
Interest Expense | -$202.8K | |
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | -$202.8K | $58.96K |
YoY Change | -443.98% | |
Pretax Income | -$5.985M | -$6.059M |
YoY Change | -1.23% | -5.03% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$5.985M | -$6.059M |
YoY Change | -1.23% | -5.02% |
Net Earnings / Revenue | -2740.06% | -2881.46% |
Basic Earnings Per Share | -$1.31 | -$6.80 |
Diluted Earnings Per Share | -$1.31 | -$135.9K |
COMMON SHARES | ||
Basic Shares Outstanding | 4.563M shares | 891.6K shares |
Diluted Shares Outstanding | 4.563M shares | 891.6K shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $302.5K | $2.115M |
YoY Change | -85.7% | -84.95% |
Cash & Equivalents | $302.5K | $2.115M |
Short-Term Investments | ||
Other Short-Term Assets | $548.4K | $534.9K |
YoY Change | 2.52% | -29.61% |
Inventory | $763.5K | $1.042M |
Prepaid Expenses | $548.4K | |
Receivables | $329.0K | $248.8K |
Other Receivables | $0.00 | $500.0K |
Total Short-Term Assets | $1.943M | $4.441M |
YoY Change | -56.24% | -70.01% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.214M | $6.202M |
YoY Change | -64.3% | 118.38% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $410.3K | $446.8K |
YoY Change | -8.18% | 538.34% |
Other Assets | $50.00K | $515.1K |
YoY Change | -90.29% | |
Total Long-Term Assets | $5.690M | $7.351M |
YoY Change | -22.6% | 129.01% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.943M | $4.441M |
Total Long-Term Assets | $5.690M | $7.351M |
Total Assets | $7.634M | $11.79M |
YoY Change | -35.26% | -34.56% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.236M | $2.559M |
YoY Change | 26.46% | 163.83% |
Accrued Expenses | $1.095M | $1.138M |
YoY Change | -3.8% | 191.79% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $1.246M | $0.00 |
YoY Change | ||
Long-Term Debt Due | $147.8K | $626.3K |
YoY Change | -76.4% | -52.19% |
Total Short-Term Liabilities | $5.910M | $4.515M |
YoY Change | 30.92% | 32.78% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Long-Term Liabilities | $1.655M | $2.555M |
YoY Change | -35.2% | 87.84% |
Total Long-Term Liabilities | $1.655M | $2.555M |
YoY Change | -35.2% | -21.15% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $5.910M | $4.515M |
Total Long-Term Liabilities | $1.655M | $2.555M |
Total Liabilities | $7.566M | $7.069M |
YoY Change | 7.02% | 6.3% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$101.0M | |
YoY Change | ||
Common Stock | $4.835K | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $201.6K | |
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $68.07K | $4.723M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $7.634M | $11.79M |
YoY Change | -35.26% | -34.56% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$5.985M | -$6.059M |
YoY Change | -1.23% | -5.02% |
Depreciation, Depletion And Amortization | $109.9K | $123.6K |
YoY Change | -11.09% | 23.6% |
Cash From Operating Activities | -$3.952M | -$5.199M |
YoY Change | -23.99% | 28.38% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $5.050K | -$147.8K |
YoY Change | -103.42% | -69.84% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$225.6K |
YoY Change | -100.0% | |
Cash From Investing Activities | -$5.049K | -$373.4K |
YoY Change | -98.65% | -23.8% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $507.0K | |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $1.491M | -184.2K |
YoY Change | -909.38% | -102.28% |
NET CHANGE | ||
Cash From Operating Activities | -$3.952M | -5.199M |
Cash From Investing Activities | -$5.049K | -373.4K |
Cash From Financing Activities | $1.491M | -184.2K |
Net Change In Cash | -$2.466M | -5.757M |
YoY Change | -57.16% | -262.62% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$3.952M | -$5.199M |
Capital Expenditures | $5.050K | -$147.8K |
Free Cash Flow | -$3.957M | -$5.052M |
YoY Change | -21.67% | 41.9% |
Facts In Submission
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2023-03-31 | |
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2023 | |
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Aditxt, Inc. | |
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DE | |
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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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870-1200 | |
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|
26750 | usd |
CY2022Q1 | adtx |
Disposal Of Fixed Assets1
DisposalOfFixedAssets1
|
26750 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-198940 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
158933 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
51533 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
74841 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
|
54940 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
|
67587 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-186563 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
547258 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1277788 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
983579 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3951791 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5199304 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
5049 | usd |
CY2022Q1 | us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
147802 | usd |
CY2022Q1 | adtx |
Ti Allowance Receivable
TIAllowanceReceivable
|
211661 | usd |
CY2022Q1 | adtx |
Note Receivables And Accrued Interest
NoteReceivablesAndAccruedInterest
|
13904 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5049 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-373367 | usd |
CY2023Q1 | us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
1245853 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
507016 | usd |
CY2023Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
262160 | usd |
CY2022Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
184184 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1490709 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-184184 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2466131 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-5756855 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2768640 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7872061 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
302509 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2115206 | usd |
CY2023Q1 | us-gaap |
Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
|
193175 | usd |
CY2022Q3 | adtx |
Reverse Split Description
ReverseSplitDescription
|
On September 13, 2022, the Company effectuated a 1 for 50 reverse stock split (the “Reverse Split”). | |
CY2021Q3 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
91667 | shares |
CY2021Q3 | us-gaap |
Accelerated Share Repurchases Initial Price Paid Per Share
AcceleratedShareRepurchasesInitialPricePaidPerShare
|
120 | |
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
|
91667 | shares |
CY2021Q3 | adtx |
Debt Instrument Term Description
DebtInstrumentTermDescription
|
The warrants have an exercise price of $126.50 per share and are exercisable for a five-year period commencing six months from the date of issuance. | |
CY2021Q3 | adtx |
Warrants Exercise Price
WarrantsExercisePrice
|
75 | |
CY2021Q3 | adtx |
Purchase Of Common Stock
PurchaseOfCommonStock
|
4584 | shares |
CY2021Q4 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
56667 | shares |
CY2021Q4 | adtx |
Exercise Price Per Shares
ExercisePricePerShares
|
75 | |
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 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
16000000 | usd |
CY2021Q4 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
164929 | shares |
CY2021Q4 | adtx |
Prefunded Warrants Shares
PrefundedWarrantsShares
|
166572 | shares |
CY2021Q4 | adtx |
Exercise Price Per Shares
ExercisePricePerShares
|
57.5 | |
CY2022Q3 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
17200000 | usd |
CY2022Q3 | adtx |
Purchase Of Equity Shares
PurchaseOfEquityShares
|
2109000 | shares |
CY2022Q3 | us-gaap |
Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
|
3333333 | shares |
CY2022Q3 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
6 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
0.001 | |
CY2023Q1 | us-gaap |
Interest Paid
InterestPaid
|
5984706 | usd |
CY2023Q1 | adtx |
Net Loss Cash Flow From Operating Activities
NetLossCashFlowFromOperatingActivities
|
3951791 | usd |
CY2023Q1 | us-gaap |
Cash
Cash
|
302509 | usd |
CY2022Q2 | us-gaap |
Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
|
7900000 | usd |
CY2023Q1 | us-gaap |
Investment Company Registration Expense
InvestmentCompanyRegistrationExpense
|
51000000 | usd |
CY2023Q1 | 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 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 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 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> | |
CY2023Q1 | 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">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable.</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><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Substantially all the Company’s accounts receivable are with companies in the healthcare industry, individuals, and the U.S. government. However, concentration of credit risk is mitigated due to the Company’s number of customers. In addition, for receivables due from U.S government agencies, the Company does not believe the receivables represent a credit risk as these are related to healthcare programs funded by the U.S. government and payment is primarily dependent upon submitting the appropriate documentation.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
0 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
18634 | usd |
CY2023Q1 | adtx |
Licensing Fee For Patents
LicensingFeeForPatents
|
60000 | usd |
CY2022Q1 | adtx |
Licensing Fee For Patents
LicensingFeeForPatents
|
225013 | usd |
CY2023Q1 | us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
1387541 | usd |
CY2022Q1 | us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
1148382 | usd |
CY2023Q1 | adtx |
Warrants Of Stock Options
WarrantsOfStockOptions
|
44710 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
4267 | shares |
CY2023Q1 | adtx |
Dilutive Earning Shares
DilutiveEarningShares
|
5079348 | shares |
CY2022Q1 | adtx |
Warrants Of Stock Options
WarrantsOfStockOptions
|
44710 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
20373 | shares |
CY2022Q1 | adtx |
Warrants Exercised Shares
WarrantsExercisedShares
|
600252 | shares |
CY2023Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3139901 | usd |
CY2023Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
925885 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2214016 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3134850 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
815987 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2318863 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
109896 | usd |
CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
96852 | usd |
CY2023Q1 | us-gaap |
Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
|
1316830 | usd |
CY2022Q4 | us-gaap |
Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
|
1359091 | usd |
CY2020Q4 | us-gaap |
Equipment Expense
EquipmentExpense
|
19487 | usd |
CY2020Q4 | us-gaap |
Derivative Average Cap Interest Rate
DerivativeAverageCapInterestRate
|
0.08 | pure |
CY2021Q1 | us-gaap |
Equipment Expense
EquipmentExpense
|
9733 | usd |
CY2021Q1 | us-gaap |
Derivative Average Cap Interest Rate
DerivativeAverageCapInterestRate
|
0.08 | pure |
CY2021Q1 | us-gaap |
Equipment Expense
EquipmentExpense
|
37171 | usd |
CY2021Q1 | us-gaap |
Derivative Average Cap Interest Rate
DerivativeAverageCapInterestRate
|
0.08 | pure |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
321000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
240750 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
80250 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
321000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
214000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
107000 | usd |
CY2023Q1 | adtx |
Amortization Of Intangible Asset
AmortizationOfIntangibleAsset
|
26750 | usd |
CY2022Q1 | adtx |
Amortization Of Intangible Asset
AmortizationOfIntangibleAsset
|
26750 | usd |
CY2023Q1 | us-gaap |
Intermediate Life Plants Useful Life
IntermediateLifePlantsUsefulLife
|
P3Y | |
CY2023Q1 | adtx |
Gross Proceeds
GrossProceeds
|
1500000 | usd |
CY2023Q1 | us-gaap |
Legal Fees
LegalFees
|
75000 | usd |
CY2023Q1 | adtx |
Warrant Exercise Price
WarrantExercisePrice
|
1307460 | |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
61607 | usd |
CY2023Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
297091 | usd |
CY2022Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
322495 | usd |
CY2023Q1 | us-gaap |
Lease Cost
LeaseCost
|
297091 | usd |
CY2022Q1 | us-gaap |
Lease Cost
LeaseCost
|
322495 | usd |
CY2023Q1 | adtx |
Right Of Use Asset Short Term
RightOfUseAssetShortTerm
|
2935599 | usd |
CY2022Q4 | adtx |
Right Of Use Asset Short Term
RightOfUseAssetShortTerm
|
3160457 | usd |
CY2023Q1 | adtx |
Total Right Of Use Asset
TotalRightOfUseAsset
|
2935599 | usd |
CY2022 | adtx |
Total Right Of Use Asset
TotalRightOfUseAsset
|
3160457 | usd |
CY2023Q1 | adtx |
Operating Lease Liabilities Short Term
OperatingLeaseLiabilitiesShortTerm
|
1094677 | usd |
CY2022Q4 | adtx |
Operating Lease Liabilities Short Term
OperatingLeaseLiabilitiesShortTerm
|
1086658 | usd |
CY2023Q1 | adtx |
Operating Lease Liabilities Long Term
OperatingLeaseLiabilitiesLongTerm
|
1655336 | usd |
CY2022Q4 | adtx |
Operating Lease Liabilities Long Term
OperatingLeaseLiabilitiesLongTerm
|
1885218 | usd |
CY2023Q1 | adtx |
Total Lease Liability
TotalLeaseLiability
|
2750013 | usd |
CY2022Q4 | adtx |
Total Lease Liability
TotalLeaseLiability
|
2971876 | usd |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y5M26D | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.08 | pure |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
851883 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1004982 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
710546 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
423930 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2991341 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
241328 | usd |
CY2023Q1 | adtx |
Operating Leases Liability Current
OperatingLeasesLiabilityCurrent
|
1094677 | usd |
CY2023Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1655336 | usd |
CY2023Q1 | us-gaap |
Shares Issued
SharesIssued
|
187000 | shares |
CY2023Q1 | us-gaap |
Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
|
500 | shares |
CY2020Q3 | us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
455000 | usd |
CY2022Q1 | us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
175000 | usd |
CY2022Q1 | us-gaap |
Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
|
175000 | usd |
CY2022Q1 | srt |
Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
|
100000 | usd |
CY2018 | us-gaap |
Information Technology And Data Processing
InformationTechnologyAndDataProcessing
|
70000 | usd |
CY2019Q1 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
60000 | usd |
CY2023Q1 | us-gaap |
Product Liability Contingency Third Party Recovery Percentage
ProductLiabilityContingencyThirdPartyRecoveryPercentage
|
0.0075 | pure |
CY2023Q1 | adtx |
Expiration Period
ExpirationPeriod
|
P3Y | |
CY2022Q1 | us-gaap |
Investment Company Fee Paid Indirectly
InvestmentCompanyFeePaidIndirectly
|
100000 | usd |
CY2020Q1 | us-gaap |
Investment Company Fee Paid Indirectly
InvestmentCompanyFeePaidIndirectly
|
25000 | usd |
CY2023Q1 | us-gaap |
Shares Issued
SharesIssued
|
375 | shares |
CY2023Q1 | us-gaap |
Sale Leaseback Transaction Other Payments Required
SaleLeasebackTransactionOtherPaymentsRequired
|
25000 | usd |
CY2023Q1 | adtx |
Payment Of Milestone Fees
PaymentOfMilestoneFees
|
50000 | usd |
CY2023Q1 | us-gaap |
Clearance Fees
ClearanceFees
|
25000 | usd |
CY2022Q1 | us-gaap |
Registration Payment Arrangement Maximum Potential Consideration
RegistrationPaymentArrangementMaximumPotentialConsideration
|
25000 | usd |
CY2020Q2 | us-gaap |
Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount
FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount
|
10000000 | usd |
CY2023Q1 | us-gaap |
Broadcasters License Agreement Commitments Description
BroadcastersLicenseAgreementCommitmentsDescription
|
In addition to the annual license maintenance fees outlined above, we will pay Stanford royalties on Net Sales (as such term is defined in the February 2020 License Agreement) during the of the term of the agreement as follows: 4% when Net Sales are below or equal to $5 million annually or 6% when Net Sales are above $5 million annually. | |
CY2023Q1 | us-gaap |
Liabilities Average Amount Outstanding
LiabilitiesAverageAmountOutstanding
|
1800000 | usd |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q3 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
On September 13, 2022, the Company effectuated a 1 for 50 reverse stock split (the “Reverse Split”). | |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
187000 | shares |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
168300 | usd |
CY2022Q4 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
50000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Dividends Shares
CommonStockDividendsShares
|
338513 | shares |
CY2023Q1 | us-gaap |
Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
|
1.55 | |
CY2023Q1 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
507016 | usd |
CY2022Q1 | adtx |
Preferred Stock Par Value
PreferredStockParValue
|
0.001 | |
CY2022Q3 | adtx |
Shares Of Common Stock
SharesOfCommonStock
|
1 | shares |
CY2022Q3 | us-gaap |
Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
20000 | usd |
CY2022Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
250000000 | shares |
CY2023Q1 | us-gaap |
Redemption Premium
RedemptionPremium
|
20000 | usd |
CY2022Q4 | adtx |
Company Paid
CompanyPaid
|
20000 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Dividends Shares
PreferredStockDividendsShares
|
1 | shares |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
60000 | shares |
CY2021Q1 | adtx |
Fair Market Value
FairMarketValue
|
1 | pure |
CY2023Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
43360 | shares |
CY2023Q1 | us-gaap |
Stock Option Exercise Price Decrease
StockOptionExercisePriceDecrease
|
172.3 | |
CY2023Q1 | adtx |
Share Based Payment Remnaining Expenses
ShareBasedPaymentRemnainingExpenses
|
119928 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
|
P0Y6M | |
CY2022Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
133660 | usd |
CY2023Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
0 | usd |
CY2022Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
26262 | usd |
CY2023Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
0 | usd |
CY2023Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
111187 | usd |
CY2022Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
377671 | usd |
CY2023Q1 | us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
2503 | usd |
CY2023Q1 | adtx |
Rs Us Vested
RSUsVested
|
1731 | shares |
CY2023Q1 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
1731 | shares |
CY2023Q1 | adtx |
Shares Of Common Stockvested Rs Us
SharesOfCommonStockvestedRSUs
|
1731 | |
CY2022Q4 | adtx |
Notes Payable Net Of Discount
NotesPayableNetOfDiscount
|
usd | |
CY2023Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q1 | us-gaap |
Other Income
OtherIncome
|
usd | |
CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
usd | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.31 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.80 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4562873 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
891614 | shares |
CY2023Q1 | adtx |
Ti Allowance Receivable
TIAllowanceReceivable
|
usd | |
CY2023Q1 | adtx |
Note Receivables And Accrued Interest
NoteReceivablesAndAccruedInterest
|
usd | |
CY2022Q1 | us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
usd | |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2023Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2022Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2022Q1 | us-gaap |
Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
|
usd | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P0Y | |
CY2023Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2023Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001726711 |