2024 Q3 Form 10-Q Financial Statement
#000121390024070700 Filed on August 19, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $6.854K | $44.28K |
YoY Change | -94.49% | -79.96% |
Cost Of Revenue | $467.5K | $23.13K |
YoY Change | 337.27% | -87.54% |
Gross Profit | -$460.7K | $21.14K |
YoY Change | -2722.88% | -40.01% |
Gross Profit Margin | -6721.36% | 47.75% |
Selling, General & Admin | $3.749M | $4.444M |
YoY Change | -48.03% | 17.41% |
% of Gross Profit | 21018.65% | |
Research & Development | $491.6K | $1.553M |
YoY Change | -45.31% | 220.39% |
% of Gross Profit | 7347.27% | |
Depreciation & Amortization | $148.3K | $157.2K |
YoY Change | 35.26% | 43.03% |
% of Gross Profit | 743.53% | |
Operating Expenses | $4.240M | $5.997M |
YoY Change | -47.73% | 40.46% |
Operating Profit | -$4.701M | -$5.976M |
YoY Change | -41.93% | 41.13% |
Interest Expense | -$2.279M | -$1.648M |
YoY Change | 38.08% | 13.84% |
% of Operating Profit | ||
Other Income/Expense, Net | -$2.279M | -$1.648M |
YoY Change | 38.08% | 13.84% |
Pretax Income | -$6.980M | -$7.624M |
YoY Change | -28.38% | 34.18% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$12.85M | -$7.550M |
YoY Change | 31.82% | 32.87% |
Net Earnings / Revenue | -187445.62% | -17051.27% |
Basic Earnings Per Share | -$111.10 | -$4.19 |
Diluted Earnings Per Share | -$111.10 | -$4.19 |
COMMON SHARES | ||
Basic Shares Outstanding | 3.603M shares | 1.665M shares |
Diluted Shares Outstanding | 115.7K shares | 1.802M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $328.6K | $91.22K |
YoY Change | -80.1% | -4.93% |
Cash & Equivalents | $328.6K | $91.22K |
Short-Term Investments | ||
Other Short-Term Assets | $444.4K | $443.3K |
YoY Change | -20.03% | -32.21% |
Inventory | $88.99K | $565.5K |
Prepaid Expenses | $444.4K | $443.3K |
Receivables | $351.7K | $406.6K |
Other Receivables | $874.7K | $0.00 |
Total Short-Term Assets | $2.088M | $1.507M |
YoY Change | -39.08% | -29.85% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.716M | $1.865M |
YoY Change | -14.35% | -11.38% |
Goodwill | ||
YoY Change | ||
Intangibles | $6.944K | $7.778K |
YoY Change | -74.04% | |
Long-Term Investments | $24.54M | $23.28M |
YoY Change | 7757.69% | 8002.9% |
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $27.75M | $26.87M |
YoY Change | 478.42% | 422.08% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.088M | $1.507M |
Total Long-Term Assets | $27.75M | $26.87M |
Total Assets | $29.84M | $28.37M |
YoY Change | 262.76% | 289.02% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $14.59M | $13.14M |
YoY Change | 245.26% | 143.41% |
Accrued Expenses | $678.3K | $734.8K |
YoY Change | -37.27% | -33.37% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $8.840M | $6.413M |
YoY Change | 119.89% | 119.93% |
Long-Term Debt Due | $147.8K | $147.8K |
YoY Change | 0.0% | 0.0% |
Total Short-Term Liabilities | $24.37M | $20.57M |
YoY Change | 116.74% | 111.06% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $1.021M | $1.465M |
YoY Change | -15.17% | 3.23% |
Total Long-Term Liabilities | $1.021M | $1.465M |
YoY Change | -15.17% | 3.23% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $24.37M | $20.57M |
Total Long-Term Liabilities | $1.021M | $1.465M |
Total Liabilities | $25.39M | $22.03M |
YoY Change | 103.98% | 97.35% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$162.9M | -$150.0M |
YoY Change | 39.66% | 40.59% |
Common Stock | $532.00 | $1.993K |
YoY Change | 44.57% | -70.54% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $201.6K | $201.6K |
YoY Change | 0.0% | 0.0% |
Treasury Stock Shares | ||
Shareholders Equity | $4.712M | $6.566M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $29.84M | $28.37M |
YoY Change | 262.76% | 289.02% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$12.85M | -$7.550M |
YoY Change | 31.82% | 32.87% |
Depreciation, Depletion And Amortization | $148.3K | $157.2K |
YoY Change | 35.26% | 43.03% |
Cash From Operating Activities | -$2.364M | -$2.290M |
YoY Change | -70.58% | -30.23% |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.260M | -$1.000M |
YoY Change | ||
Cash From Investing Activities | -$1.260M | -$1.000M |
YoY Change | 28471.43% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 3.862M | 3.292M |
YoY Change | -59.75% | 7.06% |
NET CHANGE | ||
Cash From Operating Activities | -2.364M | -2.290M |
Cash From Investing Activities | -1.260M | -1.000M |
Cash From Financing Activities | 3.862M | 3.292M |
Net Change In Cash | 237.4K | 2.550K |
YoY Change | -84.71% | -101.23% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$2.364M | -$2.290M |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
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DE | ||
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Common Stock, par value $0.001 per share | ||
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ADTX | ||
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2024-06-30 | ||
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Aditxt, Inc. | ||
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2569 Wyandotte Street | ||
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Suite 101 | ||
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Mountain View | ||
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NASDAQ | ||
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Interest Income Other
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Interest Income Other
InterestIncomeOther
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Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
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Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
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Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
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Amortization Of Debt Discount Premium
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Nonoperating Income Expense
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Nonoperating Income Expense
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Nonoperating Income Expense
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Profit Loss
ProfitLoss
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Profit Loss
ProfitLoss
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Profit Loss
ProfitLoss
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Net Income Loss Attributable To Noncontrolling Interest
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Net Income Loss
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CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
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us-gaap |
Net Income Loss
NetIncomeLoss
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Net Income Loss
NetIncomeLoss
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Earnings Per Share Basic
EarningsPerShareBasic
|
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Earnings Per Share Basic
EarningsPerShareBasic
|
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Earnings Per Share Basic
EarningsPerShareBasic
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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Weighted Average Number Of Shares Outstanding Basic
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|
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Profit Loss
ProfitLoss
|
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CY2024Q2 | us-gaap |
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
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CY2023Q1 | adtx |
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|
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CY2023Q1 | us-gaap |
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|
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Stock Issued During Period Value Sale Of Common Stock
StockIssuedDuringPeriodValueSaleOfCommonStock
|
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CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
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CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
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CY2023Q2 | adtx |
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AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockoptionandwarrantRequisiteServicePeriodRecognition
|
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CY2023Q2 | us-gaap |
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|
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Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
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CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
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CY2023Q2 | us-gaap |
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
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us-gaap |
Profit Loss
ProfitLoss
|
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us-gaap |
Profit Loss
ProfitLoss
|
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us-gaap |
Share Based Compensation
ShareBasedCompensation
|
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us-gaap |
Share Based Compensation
ShareBasedCompensation
|
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us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
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Depreciation
Depreciation
|
300129 | usd | |
us-gaap |
Depreciation
Depreciation
|
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AmortizationOfIntangibleAssets
|
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Amortization Of Intangible Assets
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|
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Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
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us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
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adtx |
Gain Losses On Note Exchange Agreement
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|
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Increase Decrease In Accounts Receivable
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|
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IncreaseDecreaseInPrepaidExpense
|
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us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
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us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
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us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
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IncreaseDecreaseInInventories
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Increase Decrease In Inventories
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Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
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us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
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Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
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Net Cash Provided By Used In Operating Activities
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Payments To Acquire Property Plant And Equipment
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|
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Payment To Investment In Evofem
PaymentToInvestmentInEvofem
|
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|
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Net Cash Provided By Used In Investing Activities
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Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
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Proceeds From Related Party Debt
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Proceeds From Convertible Debt
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Proceeds From Convertible Debt
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Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
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Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
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Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
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Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
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us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
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adtx |
Proceeds From Warrants Issued For Cash Net Of Issuance Cost
ProceedsFromWarrantsIssuedForCashNetOfIssuanceCost
|
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Proceeds From Common Stock And Warrants Issued For Cash Net Of Issuance Costs
ProceedsFromCommonStockAndWarrantsIssuedForCashNetOfIssuanceCosts
|
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adtx |
Proceeds From Common Stock And Warrants Issued For Cash Net Of Issuance Costs
ProceedsFromCommonStockAndWarrantsIssuedForCashNetOfIssuanceCosts
|
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adtx |
Proceeds From Subscription Receivable
ProceedsFromSubscriptionReceivable
|
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Payments Of Financing Costs
PaymentsOfFinancingCosts
|
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Net Cash Provided By Used In Financing Activities
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|
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Net Cash Provided By Used In Financing Activities
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|
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us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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us-gaap |
Interest Paid Net
InterestPaidNet
|
622762 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
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Notes Issued1
NotesIssued1
|
500000 | usd | |
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Debt Discount From Shares Issued As Inducement For Note Payable
DebtDiscountFromSharesIssuedAsInducementForNotePayable
|
662718 | usd | |
adtx |
Warrant Modification
WarrantModification
|
4137 | usd | |
adtx |
Issuance Of Shares In Asset Purchase
IssuanceOfSharesInAssetPurchase
|
266448 | usd | |
adtx |
Shares Issued For Settlement
SharesIssuedForSettlement
|
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adtx |
Return Of Notes Payable From Evofem Merger Agreement
ReturnOfNotesPayableFromEvofemMergerAgreement
|
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Accrued Interest Rolled Into Notes Payable
AccruedInterestRolledIntoNotesPayable
|
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Nature Of Operations
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS</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"><b><i>Company Background</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"><b>Overview</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">Aditxt, Inc. <sup>® </sup>is an innovation platform dedicated to discovering, developing, and deploying promising innovations. Aditxt’s ecosystem of research institutions, industry partners, and shareholders collaboratively drives their mission to “Make Promising Innovations Possible Together.” The innovation platform is the cornerstone of Aditxt’s strategy, where multiple disciplines drive disruptive growth and address significant societal challenges. Aditxt operates a unique model that democratizes innovation, ensures every stakeholder’s voice is heard and valued, and empowers collective progress.</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">On January 1, 2023, the Company formed Adimune, Inc., a Delaware wholly owned subsidiary.</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">On January 1, 2023, the Company formed Pearsanta, Inc., a Delaware majority owned subsidiary.</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">On April 13, 2023, the Company formed Adivir, Inc., a Delaware wholly owned subsidiary.</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">On August 24, 2023, the Company formed Adivue, Inc., a Delaware wholly owned subsidiary.</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">On October 16, 2023, the Company formed Adicure, Inc., which was renamed Adifem, Inc., a Delaware wholly owned subsidiary.</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"><b>Reverse Stock Split</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">On August 17, 2023, the Company effectuated a 1 for 40 reverse stock split (the “2023 Reverse Split”). The Company’s stock began trading on a split-adjusted basis effective on the Nasdaq Stock Market on August 18, 2023. There was no change to the number of authorized shares of the Company’s common stock. All share amounts referenced in this report are adjusted to reflect the 2023 Reverse Split.</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"><b>Offerings</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">On August 31, 2021, the Company completed a registered direct offering (“August 2021 Offering”). In connection therewith, the Company issued 2,292 shares of common stock, at a purchase price of $4,800.00 per share, resulting in gross proceeds of approximately $11.0 million. In a concurrent private placement, the Company issued warrants to purchase up to 2,292 shares. The warrants have an exercise price of $5,060.00 per share and are exercisable for a five-year period commencing months from the date of issuance. The warrants exercise price was subsequently repriced to $3,000.00. In addition, the Company issued a warrant to the placement agent to purchase up to 115 shares of common stock at an exercise price of $6,000.00 per share.</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">On October 18, 2021, the Company entered into an underwriting agreement with Revere Securities LLC, relating to the public offering (the “October 2021 Offering”) of 1,417 shares of the Company’s common stock (the “Shares”) by the Company. The Shares were offered, issued, and sold at a price to the public of $3,000.00 per share under a prospectus supplement and accompanying prospectus filed with the SEC pursuant to an effective shelf registration statement filed with the SEC on Form S-3 (File No. 333-257645), which was declared effective by the SEC on July 13, 2021. The October 2021 Offering closed on October 20, 2021 for gross proceeds of $4.25 million. The Company utilized a portion of the proceeds, net of underwriting discounts of approximately $3.91 million from the October 2021 Offering to fund certain obligations of the Company.</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">On December 6, 2021, the Company completed a public offering for net proceeds of $16.0 million (the “December 2021 Offering”). As part of the December 2021 Offering, we issued 4,123 units consisting of shares of the Company’s common stock and warrant to purchase shares of the Company’s common stock and 4,164 prefunded warrants. The warrant issued as part of the units had an exercise price of $2,300.00 and the prefunded warrants had an exercise price of $0.04. On June 15, 2022, the Company entered an agreement with a holder of certain warrants in the December 2021 Offering. (See Note 10)</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">On September 20, 2022, the Company completed a public offering for net proceeds of $17.2 million (the “September 2022 Offering”). As part of the September 2022 Offering, we issued 30,608 of shares of the Company’s common stock, pre-funded warrants to purchase 52,725 shares of common stock, and warrants to purchase 83,333 shares of the Company’s common stock. The warrants had an exercise price of $240.00 and the pre-funded warrants had an exercise price of $0.04.</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">On April 20, 2023, the Company entered into a securities purchase agreement (the “April Purchase Agreement”) with an institutional investor, pursuant to which the Company agreed to sell to such investor pre-funded warrants (the “April Pre-Funded Warrants”) to purchase up to 39,634 shares of common stock of the Company (the “Common Stock”) at a purchase price of $48.76 per April Pre-Funded Warrant. The April Pre-Funded Warrants (and shares of common stock underlying the April Pre-Funded Warrants) were offered by the Company pursuant to its shelf registration statement on Form S-3 (File No. 333-257645), which was declared effective by the Securities and Exchange Commission on July 13, 2021. Concurrently with the sale of the April Pre-Funded Warrants, pursuant to the Purchase Agreement in a concurrent private placement, for each April Pre-Funded Warrant purchased by the investor, such investor received from the Company an unregistered warrant (the “Warrant”) to purchase two shares of Common Stock. The warrants have an exercise price of $34.40 per share, and are exercisable for a three year period. In addition, the Company issued a warrant to the placement agent to purchase up to 2,378 shares of common stock at an exercise price of $61.00 per share. The closing of the sales of these securities under the April Purchase Agreement took place on April 24, 2023. The gross proceeds from the offering were approximately $1.9 million, prior to deducting placement agent’s fees and other offering expenses payable by the Company.</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">On August 31, 2023, the “Company entered into a securities purchase agreement (the “August Purchase Agreement”) with an institutional investor for the issuance and sale in a private placement (the “August 2023 Private Placement”) of (i) pre-funded warrants (the “August Pre-Funded Warrants”) to purchase up to 1,000,000 shares of the Company’s common stock at an exercise price of $0.001 per share, and (ii) warrants (the “Common Warrants”) to purchase up to 1,000,000 shares of the Company’s Common Stock at an exercise price of $10.00 per share. The August 2023 Private Placement closed on September 6, 2023. The net proceeds to the Company from the August 2023 Private Placement were approximately $9 million, after deducting placement agent fees and expenses and estimated offering expenses payable by the Company. The Company used the net proceeds received from the August 2023 Private Placement for (i) the payment of approximately $3.1 million in outstanding obligations, (ii) the repayment of approximately $0.4 million of outstanding debt, and (iii) the balance for continuing operating expenses and working capital.</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">On December 29, 2023, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor (“the “Purchaser”) for the issuance and sale in a private placement (the “December 2023 Private Placement”) of (i) pre-funded warrants (the “Pre-Funded Warrants”) to purchase up to 1,237,114 shares of the Company’s common stock, par value $0.001 (the “Common Stock”) at an exercise price of $0.001 per share, and (ii) warrants (the “Common Warrants”) to purchase up to 2,474,228 shares of the Company’s Common Stock, at a purchase price of $4.85 per share. The December 2023 Private Placement closed and the funds were received on January 4, 2024. The net proceeds to the Company from the December 2023 Private Placement were approximately $5.4 million, after deducting placement agent fees and expenses and estimated offering expenses payable by the Company. The Company used the net proceeds received from the December 2023 Private Placement for continuing operating expenses and working capital.</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; ">On May 2, 2024, the Company entered into a Securities Purchase Agreement (the “May PIPE Purchase Agreement”) with certain accredited investors, pursuant to which the Company agreed to issue and sell to such investors in a private placement (the “May 2024 Private Placement”) (i) an aggregate of 4,186 shares of the Company’s Series C-1 Convertible Preferred Stock (the “Series C-1 Preferred Stock”), (ii) an aggregate of 4,186 shares of the Company’s Series D-1 Preferred Stock (the “Series D-1 Preferred Stock”), and (iii) warrants (the “May PIPE Warrants”) to purchase up to an aggregate of 1,613,092 shares of the Company’s common stock. The May 2024 Private Placement closed on May 6, 2024. The gross proceeds from the May 2024 Private Placement were approximately $4.2 million, prior to deducting the placement agent’s fees and other offering expenses payable by the Company. The Company used $1.0 million of the net proceeds to fund certain obligations under its merger agreement with Evofem Biosciences, Inc. and the remainder of the net proceeds from the offering for working capital and other general corporate purposes.</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"><b><i>Risks and Uncertainties</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 has a limited operating history and is in the very early stages of generating revenue from intended operations. The Company’s business and operations are sensitive to general business and economic conditions in the U.S. and worldwide along with local, state, and federal governmental policy decisions. A host of factors beyond the Company’s control could cause fluctuations in these conditions. Adverse conditions may include: changes in the biotechnology regulatory environment, technological advances that render our technologies obsolete, availability of resources for clinical trials, acceptance of technologies into the medical community, and competition from larger, more well-funded companies. These adverse conditions could affect the Company’s financial condition and the results of its operations.</p> | ||
CY2021Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
3000 | |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
115 | shares |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
6000 | |
CY2023Q3 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
9000000 | usd |
CY2023Q3 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
3100000 | usd |
CY2023Q3 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
400000 | usd |
CY2023Q4 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
5400000 | usd |
CY2024Q2 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
4200000 | usd |
adtx |
Net Proceeds Of Private Placement
NetProceedsOfPrivatePlacement
|
1000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-22492573 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8250807 | usd | |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
91223 | usd |
adtx |
Aggregate Amount Available To Sale
AggregateAmountAvailableToSale
|
1800000 | usd | |
CY2024Q2 | adtx |
Aggregate Market Value Of Voting And Nonvoting Equity
AggregateMarketValueOfVotingAndNonvotingEquity
|
3000000 | 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">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, the reserve on insurance billing, value of preferred shares issued, our investments in preferred shares, estimation of discounts on non-interest bearing borrowing, and the fair value of stock options and warrants.</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">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">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">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> | ||
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
22277211 | usd |
adtx |
Payment To Investment In Evofem
PaymentToInvestmentInEvofem
|
1000000 | usd | |
CY2024Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
23277211 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
49964 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
us-gaap |
Proceeds From License Fees Received
ProceedsFromLicenseFeesReceived
|
61666 | usd | |
CY2023 | us-gaap |
Proceeds From License Fees Received
ProceedsFromLicenseFeesReceived
|
74525 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
9698626 | usd | |
CY2023 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1872376 | usd |
CY2024Q2 | adtx |
Quantity Issued And Outstanding
QuantityIssuedAndOutstanding
|
5278686 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
20567829 | shares | |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3415706 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1551144 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1864562 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3149258 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1251015 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1898243 | usd |
CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
157197 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
109904 | usd |
us-gaap |
Depreciation
Depreciation
|
300129 | usd | |
us-gaap |
Depreciation
Depreciation
|
219800 | usd | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3149258 | usd |
adtx |
Brain Scientific Asset Purchase
BrainScientificAssetPurchase
|
266448 | usd | |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3415706 | usd |
CY2020Q4 | us-gaap |
Equipment Expense
EquipmentExpense
|
19487 | usd |
CY2020Q4 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.08 | pure |
CY2021Q1 | us-gaap |
Equipment Expense
EquipmentExpense
|
9733 | usd |
CY2021Q1 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.08 | pure |
CY2021Q1 | us-gaap |
Equipment Expense
EquipmentExpense
|
37171 | usd |
CY2021Q1 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.08 | pure |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
331000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-323222 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
7778 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
331000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-321556 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9444 | usd |
CY2024Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
833 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
26750 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1666 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
53500 | usd | |
CY2023Q4 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
321000 | usd |
CY2024Q2 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
321000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
4470000 | usd |
CY2023Q4 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
3000000 | usd |
CY2023Q4 | us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
1234461 | usd |
CY2023Q4 | adtx |
Net Proceeds From Note Payable
NetProceedsFromNotePayable
|
1525539 | usd |
CY2023Q4 | us-gaap |
Repayments Of Assumed Debt
RepaymentsOfAssumedDebt
|
3129000 | usd |
CY2024Q1 | us-gaap |
Repayments Of Assumed Debt
RepaymentsOfAssumedDebt
|
5364000 | usd |
CY2024Q2 | us-gaap |
Loans Payable
LoansPayable
|
20000 | usd |
CY2024Q2 | us-gaap |
Bridge Loan
BridgeLoan
|
55256 | usd |
CY2024Q2 | us-gaap |
Loans Payable
LoansPayable
|
50000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
116806 | usd |
CY2024Q2 | us-gaap |
Loans Payable
LoansPayable
|
93919 | usd |
CY2024Q2 | us-gaap |
Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
|
75135 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
18784 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
986380 | usd |
CY2024Q2 | us-gaap |
Loans Payable
LoansPayable
|
93919 | usd |
CY2024Q2 | us-gaap |
Senior Notes
SeniorNotes
|
775000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
662720 | usd |
CY2024Q2 | us-gaap |
Notes Payable
NotesPayable
|
514749 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
5000000 | usd |
CY2023Q3 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
154480 | usd |
us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
610000 | shares | |
CY2024Q1 | us-gaap |
Line Of Credit Facility Increase Decrease Other Net
LineOfCreditFacilityIncreaseDecreaseOtherNet
|
208670 | usd |
CY2024Q1 | adtx |
Note Adjusted
NoteAdjusted
|
250000 | usd |
CY2024Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
250000 | usd |
CY2024Q1 | us-gaap |
Payments For Rent
PaymentsForRent
|
40707 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
69379 | usd | |
CY2024Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
25515 | usd |
CY2024Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
667625 | usd |
CY2024Q2 | adtx |
Payment For Additional Rent
PaymentForAdditionalRent
|
431182 | usd |
CY2024Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
159375 | usd |
CY2024Q2 | us-gaap |
Payment For Administrative Fees
PaymentForAdministrativeFees
|
590557 | usd |
us-gaap |
Payment For Administrative Fees
PaymentForAdministrativeFees
|
590557 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
603072 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
596560 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
603072 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
596560 | usd | |
CY2024Q2 | adtx |
Operating Lease Right Of Use Asset Non Current
OperatingLeaseRightOfUseAssetNonCurrent
|
1610846 | usd |
CY2023Q4 | adtx |
Operating Lease Right Of Use Asset Non Current
OperatingLeaseRightOfUseAssetNonCurrent
|
2200299 | usd |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1610846 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2200299 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
734792 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
999943 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
745121 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1041744 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1479913 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2041687 | usd |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y8M19D | |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.08 | pure |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
379100 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
710546 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
423930 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1513576 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
33663 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
734792 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
745121 | usd |
CY2020Q3 | us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
455000 | usd |
CY2022Q2 | us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
175000 | usd |
CY2024Q2 | us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
100000 | usd |
CY2023Q2 | adtx |
Milestone Payment
MilestonePayment
|
175000 | usd |
CY2023Q2 | adtx |
Extension Fee
ExtensionFee
|
100000 | usd |
CY2018 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
70000 | usd |
CY2019Q1 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
60000 | usd |
us-gaap |
Product Liability Contingency Third Party Recovery Percentage
ProductLiabilityContingencyThirdPartyRecoveryPercentage
|
0.0075 | pure | |
adtx |
Expiration Period
ExpirationPeriod
|
P3Y | ||
CY2024Q2 | adtx |
Extension Fee
ExtensionFee
|
100000 | usd |
CY2020Q1 | us-gaap |
Contractual Obligation
ContractualObligation
|
25000 | usd |
adtx |
Payment For Issuance For Patents
PaymentForIssuanceForPatents
|
25000 | usd | |
adtx |
Payment Of Milestone Fees
PaymentOfMilestoneFees
|
50000 | usd | |
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 |
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. | ||
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1008669 | usd | |
CY2024Q1 | adtx |
Aggregate Shares
AggregateShares
|
6000 | shares |
CY2024Q2 | us-gaap |
Assets Net
AssetsNet
|
266448 | usd |
CY2023Q3 | us-gaap |
Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
|
2000000 | usd |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
1600000 | usd | |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
296296 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
2474228 | shares |
CY2023Q4 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
4.85 | |
CY2024Q2 | adtx |
Aggregate Shares Price
AggregateSharesPrice
|
2000000 | usd |
CY2024Q2 | adtx |
Non Purchase Preferred Shares
NonPurchasePreferredShares
|
2000 | shares |
CY2024Q1 | adtx |
Gross Proceeds
GrossProceeds
|
4900000 | usd |
CY2024Q1 | adtx |
Transaction Value Percentage
TransactionValuePercentage
|
0.10 | pure |
CY2024Q1 | us-gaap |
Sale Leaseback Transaction Net Book Value
SaleLeasebackTransactionNetBookValue
|
20000000 | usd |
CY2024Q2 | adtx |
Cash Consideration Per Share
CashConsiderationPerShare
|
0.0467 | |
adtx |
Aggregate Shares
AggregateShares
|
332876 | shares | |
CY2024Q2 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
1000000 | usd |
adtx |
Percentage Of Gross Proceeds
PercentageOfGrossProceeds
|
0.40 | pure | |
CY2024Q2 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
1000000 | usd |
CY2024Q2 | us-gaap |
Other Partners Capital
OtherPartnersCapital
|
1500000 | usd |
CY2024Q3 | us-gaap |
Other Partners Capital
OtherPartnersCapital
|
1000000 | usd |
CY2024Q2 | us-gaap |
Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
|
150000000 | usd |
CY2024Q2 | srt |
Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
|
0.1999 | pure |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
168300 | usd | |
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
85 | shares | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.001 | |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
2474228 | shares |
CY2023Q4 | us-gaap |
Share Price
SharePrice
|
4.85 | |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
5500000 | usd | |
adtx |
Exercisable Period
ExercisablePeriod
|
P3Y | ||
CY2024Q2 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
2.47 | |
CY2024Q2 | adtx |
Investors Purchase Price
InvestorsPurchasePrice
|
0.02 | pure |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
211382 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
328468 | shares |
adtx |
Payments Of Amount
PaymentsOfAmount
|
500000 | usd | |
adtx |
Excess Of Amount
ExcessOfAmount
|
100000 | usd | |
adtx |
Common Stock Outstanding Owned Percentage
CommonStockOutstandingOwnedPercentage
|
0.0499 | pure | |
CY2024Q2 | us-gaap |
Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
|
4.06 | |
adtx |
Payment Of Excess Money
PaymentOfExcessMoney
|
500000 | usd | |
adtx |
Stock Conversion Percentage
StockConversionPercentage
|
1.25 | pure | |
adtx |
Preferred Stock Redemption Percentage
PreferredStockRedemptionPercentage
|
1.15 | pure | |
adtx |
Percentage Of Redemption Premium
PercentageOfRedemptionPremium
|
0.25 | pure | |
adtx |
Excess Payment
ExcessPayment
|
500000 | usd | |
adtx |
Floor Price
FloorPrice
|
0.519 | ||
adtx |
Percentage Of Volume Weighted Average Price
PercentageOfVolumeWeightedAveragePrice
|
0.80 | pure | |
us-gaap |
Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
|
1.25 | pure | |
us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
1.15 | pure | |
adtx |
Excess Of Maximum Percentage
ExcessOfMaximumPercentage
|
0.0499 | pure | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
45572 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
173.12 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P9Y8M26D | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
45572 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
173.12 | |
adtx |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm
|
P9Y2M26D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P1Y8M1D | ||
CY2023Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
59964 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
5.23 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0397 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
2.19 | pure | |
srt |
Interest Bearing Liabilities Average Rate Paid
InterestBearingLiabilitiesAverageRatePaid
|
0.14 | pure | |
adtx |
Percentage Of Utilize Proceeds
PercentageOfUtilizeProceeds
|
1 | pure | |
adtx |
Purchase Of Shares
PurchaseOfShares
|
1250000 | shares | |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
1800000 | usd | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | adtx |
Subscription Receivable Current
SubscriptionReceivableCurrent
|
usd | |
CY2024Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-8682 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-13.05 | ||
CY2023Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
usd | |
us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
usd | ||
adtx |
Gain Losses On Note Exchange Agreement
GainLossesOnNoteExchangeAgreement
|
usd | ||
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
usd | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
usd | ||
adtx |
Payment To Investment In Evofem
PaymentToInvestmentInEvofem
|
usd | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
usd | ||
adtx |
Proceeds From Warrants Issued For Cash Net Of Issuance Cost
ProceedsFromWarrantsIssuedForCashNetOfIssuanceCost
|
usd | ||
adtx |
Proceeds From Subscription Receivable
ProceedsFromSubscriptionReceivable
|
usd | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Notes Issued1
NotesIssued1
|
usd | ||
adtx |
Debt Discount From Shares Issued As Inducement For Note Payable
DebtDiscountFromSharesIssuedAsInducementForNotePayable
|
usd | ||
adtx |
Warrant Modification
WarrantModification
|
usd | ||
adtx |
Issuance Of Shares In Asset Purchase
IssuanceOfSharesInAssetPurchase
|
usd | ||
adtx |
Shares Issued For Settlement
SharesIssuedForSettlement
|
usd | ||
adtx |
Return Of Notes Payable From Evofem Merger Agreement
ReturnOfNotesPayableFromEvofemMergerAgreement
|
usd | ||
adtx |
Accrued Interest Rolled Into Notes Payable
AccruedInterestRolledIntoNotesPayable
|
usd | ||
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
usd | ||
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
usd | ||
adtx |
Finite Lived Intangible Assets Additions
FiniteLivedIntangibleAssetsAdditions
|
usd | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
|||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
|||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
shares | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
|||
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 |