2023 Q3 Form 10-K Financial Statement

#000121465923010076 Filed on July 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.160M $1.657M $7.425M
YoY Change -30.1% -25.08% 4.3%
% of Gross Profit
Research & Development $2.366M $1.648M $7.446M
YoY Change 71.96% -0.79% 43.15%
% of Gross Profit
Depreciation & Amortization $12.69K $5.330K $23.07K
YoY Change 78.74% 50.14% 550.04%
% of Gross Profit
Operating Expenses $3.526M $3.305M $14.87M
YoY Change 156.25% -14.66% 185.9%
Operating Profit -$3.526M -$14.87M
YoY Change 16.15% 20.71%
Interest Expense $1.835K -$520.00 -$7.700K
YoY Change 19.78% -13.33% -116.55%
% of Operating Profit
Other Income/Expense, Net -$1.835K -$7.701K
YoY Change 19.78% -81.89%
Pretax Income -$3.530M -$3.306M -$14.88M
YoY Change 16.23% -14.57% 20.35%
Income Tax
% Of Pretax Income
Net Earnings -$3.528M -$3.306M -$14.88M
YoY Change 16.16% -14.57% 20.35%
Net Earnings / Revenue
Basic Earnings Per Share -$0.04 -$0.15
Diluted Earnings Per Share -$0.04 -$0.03 -$0.15
COMMON SHARES
Basic Shares Outstanding 96.94M shares 97.52M shares
Diluted Shares Outstanding 98.44M shares 97.52M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.700M $5.141M $5.141M
YoY Change -85.25% -63.45% -63.45%
Cash & Equivalents $1.695M $5.141M
Short-Term Investments
Other Short-Term Assets $720.0K $694.9K $694.9K
YoY Change 24.54% 98.71% 98.71%
Inventory
Prepaid Expenses $247.3K
Receivables
Other Receivables
Total Short-Term Assets $2.414M $5.836M $5.836M
YoY Change -80.08% -59.51% -59.51%
LONG-TERM ASSETS
Property, Plant & Equipment $214.4K $79.84K $79.84K
YoY Change 123.77% -22.42% -22.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $214.4K $79.85K $79.85K
YoY Change 123.77% -22.41% -22.41%
TOTAL ASSETS
Total Short-Term Assets $2.414M $5.836M $5.836M
Total Long-Term Assets $214.4K $79.85K $79.85K
Total Assets $2.628M $5.916M $5.916M
YoY Change -78.48% -59.25% -59.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.741M $2.870M $2.870M
YoY Change 166.44% 146.82% 146.82%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.740M $2.870M $2.870M
YoY Change 166.36% 146.38% 146.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.740M $2.870M $2.870M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.741M $2.870M $2.870M
YoY Change 166.44% 146.38% 146.38%
SHAREHOLDERS EQUITY
Retained Earnings -$47.60M -$44.07M
YoY Change 47.68% 50.96%
Common Stock $9.694K $9.694K
YoY Change 1.53% 1.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$112.9K $3.046M $3.046M
YoY Change
Total Liabilities & Shareholders Equity $2.628M $5.916M $5.916M
YoY Change -78.48% -59.25% -59.25%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income -$3.528M -$3.306M -$14.88M
YoY Change 16.16% -14.57% 20.35%
Depreciation, Depletion And Amortization $12.69K $5.330K $23.07K
YoY Change 78.74% 50.14% 550.04%
Cash From Operating Activities -$3.298M -$2.235M -$8.923M
YoY Change 30.02% 43.07% 34.91%
INVESTING ACTIVITIES
Capital Expenditures $150.0K $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$147.2K $0.00 $0.00
YoY Change -100.0% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $200.00 $200.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 200.0 200.0
YoY Change -99.99% -100.0%
NET CHANGE
Cash From Operating Activities -$3.298M -2.235M -8.923M
Cash From Investing Activities -$147.2K 0.000 0.000
Cash From Financing Activities 200.0 200.0
Net Change In Cash -$3.445M -2.235M -8.923M
YoY Change 35.82% -198.3% -173.53%
FREE CASH FLOW
Cash From Operating Activities -$3.298M -$2.235M -$8.923M
Capital Expenditures $150.0K $0.00 $0.00
Free Cash Flow -$3.448M -$2.235M -$8.923M
YoY Change 53.53% 37.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001677077
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
usd
CY2023Q2 alxneuro Related Party Payable
RelatedPartyPayable
usd
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2023 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
usd
CY2023 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
usd
CY2023 alxneuro Proceeds From Initial Public Offering Net Of Underwriters Discounts And Commissions And Issuance Costs
ProceedsFromInitialPublicOfferingNetOfUnderwritersDiscountsAndCommissionsAndIssuanceCosts
usd
CY2023 alxneuro Fair Value Of Warrants Issued In Connection With March2021 Securities Purchase Agreement Related Party
FairValueOfWarrantsIssuedInConnectionWithMarch2021SecuritiesPurchaseAgreementRelatedParty
usd
CY2023 alxneuro Conversion Of Series Convertible Preferred Stock
ConversionOfSeriesConvertiblePreferredStock
usd
CY2023 alxneuro Issuance Of Common Stock On Conversion Of Note
IssuanceOfCommonStockOnConversionOfNote
usd
CY2023 alxneuro Fair Value Of Warrants Issued In Connection With Initial Public Offering
FairValueOfWarrantsIssuedInConnectionWithInitialPublicOffering
usd
CY2022 alxneuro Issuance Of Common Stock For Related Party Payables
IssuanceOfCommonStockForRelatedPartyPayables
usd
CY2022Q2 alxneuro Prepaid Clinical Trial Fees
PrepaidClinicalTrialFees
usd
CY2023Q2 alxneuro Prepaid Consulting Fees
PrepaidConsultingFees
usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
usd
CY2022Q2 alxneuro Deferred Tax Assets Tax Deferred Expense Capitalized Research Expenditures
DeferredTaxAssetsTaxDeferredExpenseCapitalizedResearchExpenditures
usd
CY2023Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2023 alxneuro Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodGross
shares
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-04-30
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--04-30
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
001-40483
CY2023 dei Entity Registrant Name
EntityRegistrantName
ALZAMEND NEURO, INC.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
81-1822909
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
3480 Peachtree Road NE
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
Second Floor Suite 103
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Atlanta
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
GA
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
30326
CY2023 dei City Area Code
CityAreaCode
(844)
CY2023 dei Local Phone Number
LocalPhoneNumber
722-6333
CY2023 dei Security12b Title
Security12bTitle
Common Stock, $0.0001 par value per share
CY2023 dei Trading Symbol
TradingSymbol
ALZN
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Public Float
EntityPublicFloat
66400000 usd
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
96940124 shares
CY2023 dei Auditor Firm
AuditorFirmId
23
CY2023 dei Auditor Name
AuditorName
BAKER TILLY US, LLP
CY2023 dei Auditor Location
AuditorLocation
San Diego, California
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5140859 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14063811 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
447589 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
349723 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
247334 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
5835782 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
14413534 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
79843 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
102909 usd
CY2023Q2 us-gaap Assets
Assets
5915625 usd
CY2022Q2 us-gaap Assets
Assets
14516443 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2870122 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1162850 usd
CY2022Q2 alxneuro Related Party Payable
RelatedPartyPayable
2082 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2870122 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1164932 usd
CY2023Q2 us-gaap Liabilities
Liabilities
2870122 usd
CY2022Q2 us-gaap Liabilities
Liabilities
1164932 usd
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
96940124 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
96940124 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
95481790 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
95481790 shares
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
9694 usd
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
9548 usd
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
61991766 usd
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
57419753 usd
CY2023Q2 alxneuro Note Receivable For Common Stock Related Party
NoteReceivableForCommonStockRelatedParty
-14883295 usd
CY2022Q2 alxneuro Note Receivable For Common Stock Related Party
NoteReceivableForCommonStockRelatedParty
-14883295 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-44072662 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-29194495 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
3045503 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
13351511 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5915625 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14516443 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7445857 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5201314 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7424609 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7118221 usd
CY2023 us-gaap Costs And Expenses
CostsAndExpenses
14870466 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
12319535 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-14870466 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-12319535 usd
CY2023 us-gaap Interest Expense
InterestExpense
7701 usd
CY2022 us-gaap Interest Expense
InterestExpense
46524 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
4000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7701 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-42524 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-14878167 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-12362059 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97519016 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97519016 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89095274 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
89095274 shares
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
2012947 usd
CY2022 alxneuro Stockbased Compensation To Employees And Consultants
StockbasedCompensationToEmployeesAndConsultants
4408569 usd
CY2022 alxneuro Proceeds From Sale Of Common Stocks Warrantsrelated Party
ProceedsFromSaleOfCommonStocksWarrantsrelatedParty
6000000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2200 usd
CY2022 alxneuro Proceeds From Initial Public Offering Net Of Underwriters Discounts And Commissions And Issuance Costs Of1.5 Million
ProceedsFromInitialPublicOfferingNetOfUnderwritersDiscountsAndCommissionsAndIssuanceCostsOf1.5Million
12911456 usd
CY2022 alxneuro Issuance Of Shares Of Common Stock For Conversion Of Debt
IssuanceOfSharesOfCommonStockForConversionOfDebt
378398 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-12362059 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
13351511 usd
CY2023 alxneuro Stockbased Compensation To Employees And Consultants
StockbasedCompensationToEmployeesAndConsultants
3582625 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
200 usd
CY2023 alxneuro Issuance Of Common Stock For Related Party Payable
IssuanceOfCommonStockForRelatedPartyPayable
989334 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-14878167 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
3045503 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-14878167 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-12362059 usd
CY2023 us-gaap Depreciation
Depreciation
23066 usd
CY2022 us-gaap Depreciation
Depreciation
3549 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
12770 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
4000 usd
CY2023 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
8900000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
3582625 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
4408569 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
97866 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-633597 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-739918 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
1707272 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
693584 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8923152 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6613990 usd
CY2022 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
106458 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-106458 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6000000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
200 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2200 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
58667 usd
CY2022 alxneuro Proceeds From Initial Public Offering Net Of Underwriters Discounts And Commissions And Issuance Costs
ProceedsFromInitialPublicOfferingNetOfUnderwritersDiscountsAndCommissionsAndIssuanceCosts
12911456 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
200 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18854989 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-8922952 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
12134541 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14063811 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1929270 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5140859 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14063811 usd
CY2022 alxneuro Fair Value Of Warrants Issued In Connection With March2021 Securities Purchase Agreement Related Party
FairValueOfWarrantsIssuedInConnectionWithMarch2021SecuritiesPurchaseAgreementRelatedParty
5374509 usd
CY2022 alxneuro Conversion Of Series Convertible Preferred Stock
ConversionOfSeriesConvertiblePreferredStock
1425 usd
CY2022 alxneuro Issuance Of Common Stock On Conversion Of Note
IssuanceOfCommonStockOnConversionOfNote
378398 usd
CY2022 alxneuro Fair Value Of Warrants Issued In Connection With Initial Public Offering
FairValueOfWarrantsIssuedInConnectionWithInitialPublicOffering
194490 usd
CY2023 alxneuro Issuance Of Common Stock For Related Party Payables
IssuanceOfCommonStockForRelatedPartyPayables
989334 usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Cash
Cash
5100000 usd
CY2023Q2 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
44100000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
14900000 usd
CY2022Q2 us-gaap Cash
Cash
14100000 usd
CY2022Q2 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
29200000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_845_eus-gaap--UseOfEstimates_zVcSzJPtN1Q" style="font: 10pt Times New Roman; margin: 0pt 0; text-align: justify"><b><i><span id="xdx_866_z2WVTYJnxuF4">Accounting Estimates</span></i></b></p> <p style="font: 10pt Times New Roman; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman; margin: 0pt 0; text-align: justify; text-indent: 0.5in">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 revenues and expenses during the reporting period. The Company’s critical accounting policies that involve significant judgment and estimates include research and development, stock-based compensation, warrant valuation, and valuation of deferred income taxes. Actual results could differ from those estimates.</p>
CY2023Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28358117 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28824788 shares
CY2023 alxneuro Long Term Debt Average Amount Of Outstanding
LongTermDebtAverageAmountOfOutstanding
14883295 usd
CY2022 alxneuro Long Term Debt Average Amount Of Outstanding
LongTermDebtAverageAmountOfOutstanding
14883295 usd
CY2023Q2 alxneuro Prepaid Clinical Trial Fees
PrepaidClinicalTrialFees
352635 usd
CY2023Q2 us-gaap Prepaid Insurance
PrepaidInsurance
92154 usd
CY2022Q2 us-gaap Prepaid Insurance
PrepaidInsurance
155880 usd
CY2023Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
2800 usd
CY2022Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
7176 usd
CY2022Q2 alxneuro Prepaid Consulting Fees
PrepaidConsultingFees
186667 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
447589 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
349723 usd
CY2022Q2 alxneuro Purchase Director And Officer Insurance
PurchaseDirectorAndOfficerInsurance
492000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-14878167 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-12362059 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14878167 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12362059 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
241500 usd
CY2023Q2 alxneuro Deferred Tax Assets Tax Deferred Expense Capitalized Research Expenditures
DeferredTaxAssetsTaxDeferredExpenseCapitalizedResearchExpenditures
1426779 usd
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6885428 usd
CY2022Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8376539 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
2276109 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
1722003 usd
CY2023Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
10829816 usd
CY2022Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
10098542 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
16767 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
21611 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10813049 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10076931 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.183 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.123 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.048 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.463 pure
CY2023 alxneuro Stock Compensation Rate
StockCompensationRate
0.003 pure
CY2022 alxneuro Stock Compensation Rate
StockCompensationRate
0.130 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.020 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.000 pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000 pure
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10813049 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10076931 usd
CY2023Q2 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
CY2023 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
8800000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15700000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.2154
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2219700 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2000000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2000000
CY2023 alxneuro Share Based Compensation Arrangements By Share Based Payment Award Options Granted In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantedInPeriodWeightedAverageExercisePrice
1.1700
CY2023 alxneuro Weighted Average Remaining Contractual Life Option Granted
WeightedAverageRemainingContractualLifeOptionGranted
P9Y6M29D
CY2023 alxneuro Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Options Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForOptionsExercised
-500000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.0004
CY2023 alxneuro Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Options Cancelled Or Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantOptionsCancelledOrForfeited
2391671 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2391671 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.3415
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
9191671 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14808329 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.2154
CY2023 alxneuro Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
P6Y2M4D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
819900 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
13808329 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
1.2187
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y11M4D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
819900 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
13036969 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.1784
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y9M25D
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
995400 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3582625 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4408569 usd
CY2023Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
10149788 shares
CY2023Q2 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P1Y10M24D
CY2023Q2 alxneuro Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
2.90
CY2023Q2 alxneuro Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
10149788 shares
CY2023Q2 alxneuro Class Of Warrant Or Right Exercisable Weighted Average Exercise Price
ClassOfWarrantOrRightExercisableWeightedAverageExercisePrice
2.90
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
2875000 usd
CY2021Q2 us-gaap Demutualization By Insurance Entity Securities Issued Price Per Share Or Unit
DemutualizationByInsuranceEntitySecuritiesIssuedPricePerShareOrUnit
5.00
CY2021Q2 us-gaap Demutualization By Insurance Entity Securities Issued Gross Cash Proceeds
DemutualizationByInsuranceEntitySecuritiesIssuedGrossCashProceeds
14400000 usd
CY2021Q2 us-gaap Other Underwriting Expense
OtherUnderwritingExpense
12900000 usd

Files In Submission

Name View Source Status
0001214659-23-010076-index-headers.html Edgar Link pending
0001214659-23-010076-index.html Edgar Link pending
0001214659-23-010076.txt Edgar Link pending
0001214659-23-010076-xbrl.zip Edgar Link pending
al71823010k.htm Edgar Link pending
alxneuro-20230430.xsd Edgar Link pending
devpipeline.jpg Edgar Link pending
ex10_13.htm Edgar Link pending
alxneuro-20230430_cal.xml Edgar Link unprocessable
alxneuro-20230430_def.xml Edgar Link unprocessable
alxneuro-20230430_lab.xml Edgar Link unprocessable
alxneuro-20230430_pre.xml Edgar Link unprocessable
al71823010k_htm.xml Edgar Link completed
ex10_14.htm Edgar Link pending
ex10_15.htm Edgar Link pending
ex10_16.htm Edgar Link pending
ex10_17.htm Edgar Link pending
ex23_1.htm Edgar Link pending
ex31_1.htm Edgar Link pending
ex31_2.htm Edgar Link pending
ex32_1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
landscape.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
popluationchart.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable