2023 Q1 Form 10-K Financial Statement

#000121390023025521 Filed on March 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $4.009M $5.054M $15.36M
YoY Change 34.78% 102.94% 32.65%
% of Gross Profit
Research & Development $578.3K $585.7K $2.192M
YoY Change -18.16% -70.29% -44.49%
% of Gross Profit
Depreciation & Amortization $21.77K $37.60K $109.0K
YoY Change -17.72% 123.68% -0.86%
% of Gross Profit
Operating Expenses $4.804M $5.640M $17.90M
YoY Change 30.5% 26.4% 14.43%
Operating Profit -$4.804M -$17.90M
YoY Change 30.5% 14.43%
Interest Expense $56.46K $971.4K $36.42K
YoY Change -98.92% -82.81% -100.75%
% of Operating Profit
Other Income/Expense, Net $41.77K $0.00 -$21.77M
YoY Change 138.4% -100.0% 2763.29%
Pretax Income -$4.762M -$22.69M -$39.67M
YoY Change -404.54% -2303.29% 94.95%
Income Tax -$942.8K -$942.7K
% Of Pretax Income
Net Earnings -$4.762M -$21.74M -$38.73M
YoY Change -404.54% -2198.23% 90.54%
Net Earnings / Revenue
Basic Earnings Per Share -$1.27 -$20.38
Diluted Earnings Per Share -$1.27 -$9.75 -$18.55
COMMON SHARES
Basic Shares Outstanding 3.747M shares 40.46M shares 1.900M shares
Diluted Shares Outstanding 3.747M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.646M $6.970M $6.970M
YoY Change -53.32% -15.25% -15.25%
Cash & Equivalents $2.646M $6.970M
Short-Term Investments
Other Short-Term Assets $1.193M $1.337M $1.337M
YoY Change -63.72% -55.07% -41.4%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.196M $8.928M $8.928M
YoY Change -53.15% -20.29% -20.29%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $1.663M $1.659M
YoY Change -14.88%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $10.73M $10.72M $10.72M
YoY Change -78.85% -79.19% -79.19%
TOTAL ASSETS
Total Short-Term Assets $4.196M $8.928M $8.928M
Total Long-Term Assets $10.73M $10.72M $10.72M
Total Assets $14.92M $19.65M $19.65M
YoY Change -74.99% -68.67% -68.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.208M $1.801M $1.801M
YoY Change 16.27% 207.05% 207.05%
Accrued Expenses $2.821M $2.285M $2.473M
YoY Change 5.85% 15.21% 24.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due $842.2K $1.309M $1.309M
YoY Change -35.04% -28.42% -28.42%
Total Short-Term Liabilities $5.122M $5.658M $5.658M
YoY Change -66.03% -71.28% -71.28%
LONG-TERM LIABILITIES
Long-Term Debt $28.73K $31.19K $31.19K
YoY Change -34.12% -35.25% -35.25%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $28.73K $31.19K $31.19K
YoY Change -61.53% -35.25% -35.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.122M $5.658M $5.658M
Total Long-Term Liabilities $28.73K $31.19K $31.19K
Total Liabilities $7.783M $8.306M $8.306M
YoY Change -58.54% -64.49% -64.49%
SHAREHOLDERS EQUITY
Retained Earnings -$112.2M -$107.4M
YoY Change 56.38%
Common Stock $375.00 $375.00
YoY Change -88.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.140M $11.34M $11.34M
YoY Change
Total Liabilities & Shareholders Equity $14.92M $19.65M $19.65M
YoY Change -74.99% -68.67% -68.67%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$4.762M -$21.74M -$38.73M
YoY Change -404.54% -2198.23% 90.54%
Depreciation, Depletion And Amortization $21.77K $37.60K $109.0K
YoY Change -17.72% 123.68% -0.86%
Cash From Operating Activities -$3.870M -$2.927M -$12.13M
YoY Change 86.69% -41.79% -37.39%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.000M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -469.8K 6.396M $10.87M
YoY Change -8.85% 312.88% -57.21%
NET CHANGE
Cash From Operating Activities -$3.870M -2.927M -$12.13M
Cash From Investing Activities
Cash From Financing Activities -469.8K 6.396M $10.87M
Net Change In Cash -$4.324M 3.469M -$1.254M
YoY Change 67.05% -199.73%
FREE CASH FLOW
Cash From Operating Activities -$3.870M -$2.927M -$12.13M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2021 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-436581 usd
CY2021 atnf Accrued Issuable Equitys
AccruedIssuableEquitys
52500 usd
CY2022 atnf Total Adjustments
TotalAdjustments
26598674 usd
CY2021 atnf Total Adjustments
TotalAdjustments
953220 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12127585 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19371428 usd
CY2021 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
26666200 usd
CY2021 atnf Offering Costs In Connection With2021 Sale Of Stock And Warrants
OfferingCostsInConnectionWith2021SaleOfStockAndWarrants
-2055130 usd
CY2022 atnf Offering Costs In Connection With July2022 Sale Of Common Stock And Common Warrants
OfferingCostsInConnectionWithJuly2022SaleOfCommonStockAndCommonWarrants
-529982 usd
CY2022 atnf Offering Costs In Connection With Sale Of Common Stock And Warrants
OfferingCostsInConnectionWithSaleOfCommonStockAndWarrants
-484991 usd
CY2022 atnf Proceeds From Convertible Notes Payable
ProceedsFromConvertibleNotesPayable
1060890 usd
CY2021 atnf Proceeds From Convertible Notes Payable
ProceedsFromConvertibleNotesPayable
1618443 usd
CY2021 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
10000 usd
CY2022 atnf Repayment Of Loans Payable
RepaymentOfLoansPayable
1591035 usd
CY2021 atnf Repayment Of Loans Payable
RepaymentOfLoansPayable
375789 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
81277 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
431805 usd
CY2022 atnf Proceeds From Sale Of Common Stock1
ProceedsFromSaleOfCommonStock1
6499737 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5999851 usd
CY2022 atnf Proceeds From Exercise Of July2022 Prefunded Warrants
ProceedsFromExerciseOfJuly2022PrefundedWarrants
-263 usd
CY2022 atnf Proceeds From Exercise Of December2022 Prefunded Warrants
ProceedsFromExerciseOfDecember2022PrefundedWarrants
-150 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10873606 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25411919 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-419 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
75473 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1254398 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6115964 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8224508 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2108544 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6970110 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8224508 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
15060 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
35351 usd
CY2021 atnf Common Stock Issued Upon Conversion Of Kbl Debt
CommonStockIssuedUponConversionOfKBLDebt
1931388 usd
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
432383 usd
CY2021 atnf Deemed Dividend Beneficial Conversion Feature On Series A Convertible Preferred Stock
DeemedDividendBeneficialConversionFeatureOnSeriesAConvertiblePreferredStock
851112 usd
CY2021 atnf Shares Issued Due To Impact Of Transfer Agent Reconciliation
SharesIssuedDueToImpactOfTransferAgentReconciliation
1013331 usd
CY2021 atnf Exchange Of Common Stock Equivalents For Common Stock
ExchangeOfCommonStockEquivalentsForCommonStock
146 usd
CY2021 atnf Shares Cancelled
SharesCancelled
1750000 usd
CY2021 atnf Reclassification Of Accrued Issuable Equity
ReclassificationOfAccruedIssuableEquity
43095 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 1 - BUSINESS ORGANIZATION AND NATURE OF OPERATIONS</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">180 Life Sciences Corp., formerly known as KBL Merger Corp. IV (“180LS”, or together with its subsidiaries, the “Company”), was a blank check company organized under the laws of the State of Delaware on September 7, 2016. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.</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; text-indent: 0.5in">180 Life Corp. (“180”, f/k/a 180 Life Sciences Corp. and CannBioRx Life Sciences Corp.) is a wholly-owned subsidiary of the Company and was incorporated in the State of Delaware on January 28, 2019. The Company is located in the United States (“U.S.”) and is a medical pharmaceutical company focused upon unmet medical needs in the areas of inflammatory diseases, fibrosis, and chronic pain by employing innovative research and, where appropriate, combination therapies, through 180’s three wholly-owned subsidiaries, 180 Therapeutics L.P. (“180 LP”), CannBioRex Pharmaceuticals Corp. (“CBR Pharma”), and Katexco Pharmaceuticals Corp. (“Katexco”). 180 LP, CBR Pharma and Katexco are together, the “180 Subsidiaries.” Katexco was incorporated on March 7, 2018 under the provisions of the British Corporation Act of British Columbia. Additionally, 180’s wholly-owned subsidiaries Katexco Callco, ULC, Katexco Purchaseco, ULC, CannBioRex Callco, ULC, and CannBioRex Purchaseco, ULC were formed in the Canadian Province of British Columbia on May 31, 2019 to facilitate the acquisition of Katexco, CBR Pharma and 180 LP. On July 1, 2021, the assets and liabilities of the Canadian companies (Katexco and CBR Pharma) were transferred to their respective subsidiaries, which are Katexco Pharmaceuticals Corp. (“Katexco U.S.”) and CannBioRex Pharma Limited (“CBR Pharma U.K.”).</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; text-indent: 0.5in">The Company is a clinical stage biotechnology company focused on the development of therapeutics for unmet medical needs in chronic pain, inflammation, fibrosis and other inflammatory diseases, where anti-TNF therapy will provide a clear benefit to patients, by employing innovative research, and, where appropriate, combination therapy. We have three product development platforms:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">fibrosis and anti-tumor necrosis factor (“TNF”);</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">drugs which are derivatives of cannabidiol (“CBD”); and</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">alpha 7 nicotinic acetylcholine receptor (“α7nAChR”).</span></td></tr> </table><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"><i>Reverse Stock-Split during 2022</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i> </i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On December 15, 2022, the Company held a special meeting of stockholders of the Company whereby the Company’s stockholders approved an amendment to the Second Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of the issued and outstanding shares of common stock, par value $0.0001 per share, in a range of between one-for-four and one-for-twenty shares, in the discretion of the Board of Directors. The Board of Directors subsequently approved a reverse stock split in a ratio of one-for-twenty shares (the “Reverse Stock Split”). Pursuant to the Certificate of Amendment filed with the Secretary of State of Delaware to affect the Reverse Stock Split, with new CUSIP number: 68236V203. No change was made to the trading symbol for the Company’s shares of common stock or public warrants, “ATNF” and “ATNFW”, respectively, in connection with the Reverse Stock Split.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Because the Certificate of Amendment did not reduce the number of authorized shares of common stock, the effect of the Reverse Stock Split was to increase the number of shares of common stock available for issuance relative to the number of shares issued and outstanding. The Reverse Stock Split did not alter the par value of the common stock or modify any voting rights or other terms of the common stock. Any fractional shares remaining after the Reverse Stock Split were rounded up to the nearest whole 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; text-indent: 0.5in">With regards to the Company’s 2020 Omnibus Incentive Plan and the 2022 Omnibus Incentive Plan, the Company’s Compensation Committee and Board deemed it in the best interests of the Company and its stockholders to (i) adjust the number of shares of Company common stock available for issuance under the Incentive Plans downward by a factor of 20 (with any fractional shares rounded down to the nearest whole share); (ii) reduce the number of shares of common stock issuable upon each outstanding option to purchase shares of common stock of the Company, and all other outstanding awards, by a factor of 20 (with any fractional shares rounded down to the nearest whole share); and (iii) adjust the exercise price of any outstanding options to purchase shares of common stock previously granted under the Incentive Plans up by a factor of 20 (rounded up to the nearest whole cent), in each case to adjust equitably for the exchange ratio of the Reverse Stock Split, which such adjustments effective automatically upon effectiveness of the Reverse Stock Split. The effects of the one-for-twenty reverse stock split have been retroactively reflected throughout the financial statements and notes to the financial statements.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Risks and Uncertainties</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; text-indent: 0.5in">Management continues to evaluate the impact of the COVID-19 pandemic and Russia-Ukraine war on the economy and the capital markets and has concluded that, while it is reasonably possible that such events could have negative effects on the Company’s financial position, the specific impacts are not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of these uncertainties.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The current challenging economic climate may lead to adverse changes in cash flows, working capital levels and/or debt balances, which may also have a direct impact on the Company’s future operating results and financial position. The ultimate duration and magnitude of the impact and the efficacy of government interventions on the economy and the financial effect on the Company is not known at this time. The extent of such impact will depend on future developments, which are highly uncertain and not in the Company’s control.</p>
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 atnf Accumulated Deficit
AccumulatedDeficit
107408545 usd
CY2022Q4 atnf Working Capital Deficit
WorkingCapitalDeficit
3270608 usd
CY2022 us-gaap Profit Loss
ProfitLoss
38726259 usd
CY2022 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
12127585 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; 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, judgments, and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, together with amounts disclosed in the related notes to the consolidated financial statements. The Company’s significant estimates and assumptions used in these financial statements include, but are not limited to, the fair value of financial instruments, warrants, options and derivative liabilities; R&amp;D tax credits and accruals, and the estimates and assumptions related to the impairment analysis of goodwill and other intangible assets. Certain of the Company’s estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and may cause actual results to differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p>
CY2022 atnf Assets And Liabilities Exchange Rates Description
AssetsAndLiabilitiesExchangeRatesDescription
The functional currency of certain subsidiaries is the Canadian Dollar (“CAD”) or British Pound (“GBP”). Assets and liabilities are translated based on the exchange rates at the balance sheet date (0.7369 and 0.7874 for the CAD, 1.2098 and 1.3510 for the GBP as of December 31, 2022 and 2021, respectively), while expense accounts are translated at the weighted average exchange rate for the period (0.7689 and 0.7977 for the CAD, and 1.2173 and 1.3753 for the GBP for the years ended December 31, 2022 and 2021, respectively). Equity accounts are translated at historical exchange rates. The resulting translation adjustments are recognized in stockholders’ equity as a component of accumulated other comprehensive income.
CY2022 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-3702963 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
180554 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-12777 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-69 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
25079 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
162956 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
137050 shares
CY2022Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
3435728 shares
CY2021Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
557695 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3598684 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
694745 shares
CY2022 atnf Incurred Expenses
incurredExpenses
2191834 usd
CY2021 atnf Incurred Expenses
incurredExpenses
1000769 usd
CY2022 us-gaap Other Research And Development Expense
OtherResearchAndDevelopmentExpense
240731 usd
CY2021 us-gaap Other Research And Development Expense
OtherResearchAndDevelopmentExpense
2947536 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
49755 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1958280 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2976583 usd
CY2022 atnf Litigation Receivable
LitigationReceivable
1027292 usd
CY2021 atnf Litigation Receivable
LitigationReceivable
1937693 usd
CY2022 atnf Research And Development Expense Tax Credit Receivable
ResearchAndDevelopmentExpenseTaxCreditReceivable
546563 usd
CY2021 atnf Research And Development Expense Tax Credit Receivable
ResearchAndDevelopmentExpenseTaxCreditReceivable
644513 usd
CY2022 atnf Professional Feeses
ProfessionalFeeses
310017 usd
CY2021 atnf Professional Feeses
ProfessionalFeeses
294577 usd
CY2022Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
48774 usd
CY2021Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
24411 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
25634 usd
CY2021Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
25634 usd
CY2021 us-gaap Other Expenses
OtherExpenses
213974 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2081418 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-422560 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1658858 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2262469 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-313556 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1948913 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
109004 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
116297 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
109489 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
109489 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
109489 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
109489 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
109489 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1111413 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1658858 usd
CY2021 atnf Traded Stock
TradedStock
78
CY2022Q1 atnf Market Value Of Traded Stock
MarketValueOfTradedStock
51.8 usd
CY2022Q2 atnf Market Value Of Traded Stock
MarketValueOfTradedStock
16.96 usd
CY2022Q3 atnf Market Value Of Traded Stock
MarketValueOfTradedStock
13.3 usd
CY2022Q4 atnf Market Value Of Traded Stock
MarketValueOfTradedStock
3.39 usd
CY2022Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
18872850 usd
CY2022Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
14674428 usd
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
33547278 usd
CY2022Q4 us-gaap Amount Of Impairment To Carrying Amount Of Regulatory Assets
AmountOfImpairmentToCarryingAmountOfRegulatoryAssets
12405084 usd
CY2022Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
9063000 usd
CY2022 atnf Impairment Of Intangible Asset Finitelived
ImpairmentOfIntangibleAssetFinitelived
3342084 usd
CY2022 us-gaap Impaired Intangible Asset Description
ImpairedIntangibleAssetDescription
This reduced the IP R&D asset balances of its CBR Pharma subsidiary and its 180 LP subsidiary to zero and $9,063,000, respectively, as of December 31, 2022; the total consolidated IP R&D asset balance is $9,063,000 after impairment.
CY2022Q4 atnf Number Of Warrants Exercised
NumberOfWarrantsExercised
-1630890 shares
CY2022 atnf Weighted Average Exercise Price Exercised
WeightedAverageExercisePriceExercised
0.0001
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
CY2022 atnf Consulting Fees
ConsultingFees
531829 usd
CY2021 atnf Consulting Fees
ConsultingFees
548281 usd
CY2022 us-gaap Professional Fees
ProfessionalFees
3945 usd
CY2021 us-gaap Professional Fees
ProfessionalFees
252973 usd
CY2022 atnf Litigation Accrual
LitigationAccrual
125255 usd
CY2021 atnf Litigation Accrual
LitigationAccrual
300000 usd
CY2022 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1558024 usd
CY2021 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
725569 usd
CY2022 atnf Research And Development Fees
ResearchAndDevelopmentFees
22023 usd
CY2021 atnf Research And Development Fees
ResearchAndDevelopmentFees
91737 usd
CY2022 us-gaap Interest Expense
InterestExpense
36422 usd
CY2021 us-gaap Interest Expense
InterestExpense
25433 usd
CY2022 atnf Other Accrued Liabilities
OtherAccruedLiabilities
-7018 usd
CY2021 atnf Other Accrued Liabilities
OtherAccruedLiabilities
-20587 usd
CY2022 atnf Accrued Liabilities
AccruedLiabilities
2284516 usd
CY2021 atnf Accrued Liabilities
AccruedLiabilities
1964580 usd
CY2022 atnf Related Party Expenses
RelatedPartyExpenses
188159 usd
CY2021 atnf Related Party Expenses
RelatedPartyExpenses
18370 usd
CY2022 atnf Acrued Issuable Equity Textblock
AcruedIssuableEquityTextblock
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 7 - ACCRUED ISSUABLE EQUITY</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">A summary of the accrued issuable equity activity during the year ended December 31, 2021 is presented below:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%">Balance at January 1, 2021</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">43,095</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 9pt">Reclassification to equity</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(43,095</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Balance at December 31, 2021</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right"><div style="-sec-ix-hidden: hidden-fact-126">-</div></td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><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; text-indent: 0.5in">During the year ended December 31, 2020, the Company entered into a contractual arrangement for services in exchange for shares of common stock of the Company for fixed dollar amounts. Pursuant to the contractual agreement, the Company will issue an aggregate value of $5,000 of common shares on a monthly basis and an aggregate of $30,000 of common shares at the end of each quarter. As of December 31, 2020, the Company recorded $43,095 of accrued issuable equity related to services. During the first quarter of 2021, this balance was reclassified to equity and as of December 31, 2021, there was no accrued issuable equity.</p>
CY2022Q4 atnf Number Of Warrants Outstanding
NumberOfWarrantsOutstanding
3435728 shares
CY2022Q4 atnf Weighted Average Exercise Price Outstanding
WeightedAverageExercisePriceOutstanding
33.94
CY2022 atnf Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
P5Y1M6D
CY2022Q4 atnf Number Of Warrants Exercisable Balance
NumberOfWarrantsExercisableBalance
577695 shares
CY2022 atnf Loss On Extinguishment Of Convertible Note Payable
LossOnExtinguishmentOfConvertibleNotePayable
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CY2020Q4 atnf Accrued Issuable Equity Balance
AccruedIssuableEquityBalance
43095 usd
CY2021 atnf Reclassification To Equity
ReclassificationToEquity
-43095 usd
CY2020 atnf Aggregate Value Of Common Shares On Monthly Basis
AggregateValueOfCommonSharesOnMonthlyBasis
5000 usd
CY2020 atnf Aggregate Value Of Common Shares At End Of Each Quarter
AggregateValueOfCommonSharesAtEndOfEachQuarter
30000 usd
CY2020 atnf Accrued Issuable Equity Related To Services
AccruedIssuableEquityRelatedToServices
43095 usd
CY2021Q4 atnf Derivative Liability Balance
DerivativeLiabilityBalance
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CY2022 atnf Change In Fair Value Of Derivative Liabilities
ChangeInFairValueOfDerivativeLiabilities
-15144986 usd
CY2022Q4 atnf Derivative Liability Balance
DerivativeLiabilityBalance
75381 usd
CY2020Q4 atnf Derivative Liabilitie
DerivativeLiabilitie
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CY2021 atnf Extinguishment Of Derivative Liabilities In Connection With Conversion Of Debt
ExtinguishmentOfDerivativeLiabilitiesInConnectionWithConversionOfDebt
-591203 usd
CY2021 atnf Warrants Issued In Connection With The Financing
WarrantsIssuedInConnectionWithTheFinancing
7294836 usd
CY2021 atnf Warrants Issued Relates To Alpha Settlement
WarrantsIssuedRelatesToAlphaSettlement
95677 usd
CY2021 atnf Extinguishment Of Derivative Liabilities In Connection With The Alpha Settlement
ExtinguishmentOfDerivativeLiabilitiesInConnectionWithTheAlphaSettlement
-699301 usd
CY2021 atnf Change In Fair Values Of Derivative Liabilities
ChangeInFairValuesOfDerivativeLiabilities
4677388 usd
CY2021Q4 atnf Derivative Liabilitie
DerivativeLiabilitie
15220367 usd
CY2022Q4 atnf Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice1
181.28
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y1M6D
CY2021Q3 us-gaap Product Liability Contingency Loss Exposure In Excess Of Accrual Best Estimate
ProductLiabilityContingencyLossExposureInExcessOfAccrualBestEstimate
11286570 usd
CY2022 atnf Fair Value Assumption Expected Dividend Rate
FairValueAssumptionExpectedDividendRate
0 pure
CY2022Q4 us-gaap Credit Risk Derivative Liabilities At Fair Value
CreditRiskDerivativeLiabilitiesAtFairValue
6474200 usd
CY2021Q1 atnf Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.0059 pure
CY2021Q1 atnf Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P5Y
CY2021Q1 atnf Fair Value Assumptions Weighted Average Volatility Rate
FairValueAssumptionsWeightedAverageVolatilityRate
0.85 pure
CY2021Q1 atnf Fair Value Assumption Expected Dividend Rate
FairValueAssumptionExpectedDividendRate
0 pure
CY2021Q1 atnf Beneficial Ownership
BeneficialOwnership
0.0499 pure
CY2022 atnf Warrant Revalued
WarrantRevalued
400 usd
CY2021Q1 atnf Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.0068 pure
CY2021Q1 atnf Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P3Y10M2D
CY2021Q1 atnf Fair Value Assumptions Weighted Average Volatility Rate
FairValueAssumptionsWeightedAverageVolatilityRate
0.85 pure
CY2021Q1 atnf Fair Value Assumption Expected Dividend Rate
FairValueAssumptionExpectedDividendRate
0 pure
CY2022 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
0 usd
CY2022 atnf Fair Value Of Warrants
FairValueOfWarrants
43561 usd
CY2021Q3 atnf Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.0037 pure
CY2021Q3 atnf Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P3Y
CY2021Q3 atnf Fair Value Assumptions Weighted Average Volatility Rate
FairValueAssumptionsWeightedAverageVolatilityRate
0.85 pure
CY2021Q3 atnf Fair Value Assumption Expected Dividend Rate
FairValueAssumptionExpectedDividendRate
0 pure
CY2021Q1 atnf Fair Value Assumption Expected Dividend Rate
FairValueAssumptionExpectedDividendRate
0 pure
CY2020Q4 atnf Number Of Warrants Outstanding
NumberOfWarrantsOutstanding
303245 shares
CY2020Q4 atnf Weighted Average Exercise Price Outstanding
WeightedAverageExercisePriceOutstanding
228.69
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y10M24D
CY2021 atnf Number Of Warrants Issued
NumberOfWarrantsIssued
254450 shares
CY2021 atnf Weighted Average Exercises Price Issued
WeightedAverageExercisesPriceIssued
124.77
CY2021Q4 atnf Number Of Warrants Outstanding
NumberOfWarrantsOutstanding
577695 shares
CY2021Q4 atnf Weighted Average Exercise Price Outstanding
WeightedAverageExercisePriceOutstanding
181.2
CY2021 atnf Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
P4Y1M6D
CY2022 atnf Number Of Warrants Issued
NumberOfWarrantsIssued
4508923 shares
CY2022 atnf Weighted Average Exercises Price Issued
WeightedAverageExercisesPriceIssued
3.44
CY2022 atnf Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Life In Years Issued
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingLifeInYearsIssued
P5Y4M24D
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
3435728 shares
CY2022 atnf Warrants Exercisable Weighted Average Remaining Life In Years
WarrantsExercisableWeightedAverageRemainingLifeInYears
P3Y1M6D
CY2022 atnf Warrants Exercisable Number Of Shares
WarrantsExercisableNumberOfShares
577695 shares
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
577695 shares
CY2021 atnf Warrants Exercisable Weighted Average Remaining Life In Years
WarrantsExercisableWeightedAverageRemainingLifeInYears
P4Y1M6D
CY2021 atnf Warrants Exercisable Number Of Shares
WarrantsExercisableNumberOfShares
577695 shares
CY2021Q4 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
1876244 usd
CY2022 atnf Adjustments Amount
AdjustmentsAmount
66324 usd
CY2022 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
1657359 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1060890 usd
CY2022 atnf Effect Of Foreign Exchange Rates
EffectOfForeignExchangeRates
-6394 usd
CY2022Q4 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
1339705 usd
CY2021Q4 us-gaap Loans Payable Current
LoansPayableCurrent
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CY2022Q4 us-gaap Loans Payable Current
LoansPayableCurrent
1308516 usd
CY2021Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
48165 usd
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
31189 usd
CY2020Q4 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
1082209 usd
CY2021 atnf Adjustments Amount
AdjustmentsAmount
-11670 usd
CY2021 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
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CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1618443 usd
CY2021 atnf Effect Of Foreign Exchange Rates
EffectOfForeignExchangeRates
-2352 usd
CY2021Q4 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
1876244 usd
CY2020Q4 us-gaap Loans Payable Current
LoansPayableCurrent
968446 usd
CY2021Q4 us-gaap Loans Payable Current
LoansPayableCurrent
1828079 usd
CY2020Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
113763 usd
CY2021Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
48165 usd
CY2019Q4 atnf Bridge Notes Interest Rate
BridgeNotesInterestRate
0.15 pure
CY2020Q1 atnf Bridge Notes Interest Rate
BridgeNotesInterestRate
0.15 pure
CY2021 us-gaap Debt Instrument Convertible Terms Of Conversion Feature
DebtInstrumentConvertibleTermsOfConversionFeature
Pursuant to the terms of the Amended Bridge Notes, the principal under each Amended Bridge Note is increased by 10%, which can be converted; the number of conversion shares is equal to (A) the outstanding principal amount plus interest being converted, divided by (B) the lesser of (i) $4.23 per share or (ii) the per share price equal to 0.60 multiplied by the per share price of one share of common stock sold by the Company as part of a PIPE transaction.
CY2020Q4 atnf Percentage Of Amendment Or Modification In Cash Flows
PercentageOfAmendmentOrModificationInCashFlows
0.10 pure
CY2022 atnf Loans Payable Current Portions
LoansPayableCurrentPortions
1308516 usd
CY2021 atnf Loans Payable Current Portions
LoansPayableCurrentPortions
1828079 usd
CY2022 atnf Loans Payable Non Current Portions
LoansPayableNonCurrentPortions
43129 usd
CY2021 atnf Loans Payable Non Current Portions
LoansPayableNonCurrentPortions
102482 usd
CY2022 atnf Current Portion Of Ppp Loan
CurrentPortionOfPPPLoan
-11940 usd
CY2021 atnf Current Portion Of Ppp Loan
CurrentPortionOfPPPLoan
-54317 usd
CY2022 atnf Totalloanspayable
Totalloanspayable
31189 usd
CY2021 atnf Totalloanspayable
Totalloanspayable
48165 usd
CY2021 us-gaap Interest Expense Other
InterestExpenseOther
1636 usd
CY2022Q2 us-gaap Prepaid Rent
PrepaidRent
41312 usd
CY2020Q2 atnf Maximum Loan Amount
MaximumLoanAmount
50000 gbp
CY2022 atnf Accrued Interest
AccruedInterest
778 gbp
CY2022 atnf Accrued Interest
AccruedInterest
1051 usd
CY2021 us-gaap Interest Expense Other
InterestExpenseOther
778 gbp
CY2020Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
150000 usd
CY2020Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.15 pure
CY2020Q2 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2021-08-31
CY2021Q1 atnf Aggregate Amount
aggregateAmount
162452 usd
CY2021Q1 atnf Aggregate Principal Amount
AggregatePrincipalAmount
150000 usd
CY2021Q1 atnf Accrued Interest
AccruedInterest
12452 usd
CY2021 atnf Bounce Back Loan Scheme
BounceBackLoanScheme
4724 usd
CY2021Q4 atnf First Assurance Funding To Finance
FirstAssuranceFundingToFinance
1618443 usd
CY2021Q4 atnf Insurance Value
InsuranceValue
2005502 usd
CY2022Q4 atnf Adjusted A Portion Loan Amount
AdjustedAPortionLoanAmount
1060890 usd
CY2022 atnf Monthly Installment Loans
MonthlyInstallmentLoans
161844 usd
CY2022 atnf Loan Payable Percentage
LoanPayablePercentage
0.10 pure
CY2022 us-gaap Legal Fees
LegalFees
125255 usd
CY2021 atnf Related Party Loans
RelatedPartyLoans
81277 usd
CY2021Q1 atnf Aggregate Principal Amount
AggregatePrincipalAmount
432699 usd
CY2022Q4 atnf Exchange An Aggregate Principal Amount
ExchangeAnAggregatePrincipalAmount
433374 usd
CY2022Q4 atnf Aggregate Accrued Interest
aggregateAccruedInterest
61530 usd
CY2022Q4 atnf Aggregate Shares1
AggregateShares1
4124 shares
CY2022 us-gaap Common Stock Convertible Conversion Price Decrease
CommonStockConvertibleConversionPriceDecrease
120
CY2022 atnf Interest Expense On Loans Payable Description
InterestExpenseOnLoansPayableDescription
For the year ended December 31, 2022, the Company recognized interest expense and interest income — related parties associated with outstanding loans, of $14,156 and $1,490, respectively. For the year ended December 31, 2021, the Company recognized interest expense and interest expense — related parties associated with outstanding loans, of $24,019 and $38,874, respectively.  As of December 31, 2022, the Company had accrued interest and accrued interest — related parties associated with outstanding loans, of $37,960 and $16,770, respectively. See Note 14 — Related Parties for additional details. As of December 31, 2021, the Company had accrued interest and accrued interest — related parties associated with outstanding loans, of $24,212 and $812, respectively. See Note 14 — Related Parties for additional details.
CY2021 atnf Interest Expense On Convertible Debt
InterestExpenseOnConvertibleDebt
0 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
0 usd
CY2019Q4 atnf Aggregate Of Shares Of Common Stock Description
AggregateOfSharesOfCommonStockDescription
the holders of the Company’s convertible bridge notes, which were issued on December 27, 2019 and January 3, 2020 to various purchasers, converted an aggregate of $432,384, which included accrued interest of $66,633 owed under such convertible bridge notes, into an aggregate of 7,920 shares of common stock pursuant to the terms of such notes, as amended, at a conversion price of $54.60 per share.
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
260000 usd
us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
96208 usd
atnf Converted Into Common Stock
ConvertedIntoCommonStock
2969 shares
CY2020Q2 us-gaap Secured Debt
SecuredDebt
1657522 usd
CY2020Q2 atnf Secured Convertible Promissory Note Percentage
SecuredConvertiblePromissoryNotePercentage
0.10 pure
CY2020Q2 us-gaap Senior Notes
SeniorNotes
138889 usd
CY2020Q2 atnf Senior Secured Convertible Promissory Note Percentage
SeniorSecuredConvertiblePromissoryNotePercentage
0.10 pure
CY2020Q2 us-gaap Shares Issued
SharesIssued
1250 shares
CY2020Q2 atnf Debt Discount
DebtDiscount
685615 usd
CY2021 us-gaap Common Stock Convertible Conversion Price Increase
CommonStockConvertibleConversionPriceIncrease
105.6
CY2020Q3 atnf Secured Convertible Promissory Notepercentage
SecuredConvertiblePromissoryNotepercentage
0.10 pure
CY2020Q3 us-gaap Shares Issued
SharesIssued
5000 shares
CY2020Q3 atnf Debt Discount
DebtDiscount
800421 usd
CY2021Q3 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
1234333 usd
CY2021Q3 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
105850 usd
CY2021Q3 us-gaap Shares Issued
SharesIssued
23357 shares
CY2021Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1941124 usd
CY2021Q1 us-gaap Secured Debt
SecuredDebt
7500 usd
CY2021Q1 atnf Secured Convertible Promissory Note Percentage
SecuredConvertiblePromissoryNotePercentage
12.50 pure
CY2021Q1 atnf Common Stock Exercise Price
CommonStockExercisePrice
141.4
CY2021Q3 atnf Share Warrants Aggregate Value
ShareWarrantsAggregateValue
1156177 usd
CY2021Q3 atnf Fair Value Of The Common Stock
FairValueOfTheCommonStock
1060500 usd
CY2021Q3 atnf Fair Value Of The Alpha Warrant
FairValueOfTheAlphaWarrant
95677 usd
CY2020Q1 us-gaap Notes Issued1
NotesIssued1
82500 usd
CY2019Q4 us-gaap Notes Issued1
NotesIssued1
250000 usd
CY2020Q1 atnf Aggregate Outstanding Principal Of Convertible Notes
AggregateOutstandingPrincipalOfConvertibleNotes
332500 usd
CY2019Q4 atnf Aggregate Outstanding Principal Of Convertible Notes
AggregateOutstandingPrincipalOfConvertibleNotes
332500 usd
CY2020Q1 atnf Kbl Common Stock
KblCommonStock
17500000 shares
CY2019Q4 atnf Kbl Common Stock
KblCommonStock
17500000 shares
CY2020Q1 atnf Conversion Price Of Convertible Debt
ConversionPriceOfConvertibleDebt
6
CY2019Q4 atnf Conversion Price Of Convertible Debt
ConversionPriceOfConvertibleDebt
6
CY2020Q1 atnf Discounted Note Conversion Price
DiscountedNoteConversionPrice
0.60 pure
CY2019Q4 atnf Discounted Note Conversion Price
DiscountedNoteConversionPrice
0.60 pure
CY2022Q1 atnf Debt Principal Amount
DebtPrincipalAmount
371178 usd
CY2022Q1 atnf Debt Additional Amount
DebtAdditionalAmount
300000 usd
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
6776686 usd
CY2022 atnf Commitments Combined Amount
CommitmentsCombinedAmount
4395000 cad
CY2022 atnf Commitments Combined Amount
CommitmentsCombinedAmount
3178025 usd
CY2022 atnf Additional Sum Of Amount
AdditionalSumOfAmount
2721036 usd
CY2021Q3 atnf Settlement Paying Amount
SettlementPayingAmount
2 usd
CY2022 atnf Research And Developments Expenses
ResearchAndDevelopmentsExpenses
0 usd
CY2021 atnf Research And Developments Expenses
ResearchAndDevelopmentsExpenses
443151 usd
CY2022 atnf Agreement Period
AgreementPeriod
P20Y
CY2021 atnf Agreement Period
AgreementPeriod
P2Y
CY2021Q3 atnf Payment Of First Milestone
PaymentOfFirstMilestone
97900 usd
CY2021Q3 atnf Payment Of First Milestone
PaymentOfFirstMilestone
70546 gbp
CY2022 us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
271931 usd
CY2022 us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
223394 eur
CY2021 us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
152848 eur
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
11756 eur
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Patent Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedPatentCosts
66223 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Patent Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedPatentCosts
49207 eur
CY2021Q4 atnf License Fee
LicenseFee
13458 usd
CY2021Q4 atnf License Fee
LicenseFee
10000 eur
CY2021Q4 atnf Maintenance Fee
MaintenanceFee
4037 usd
CY2021Q4 atnf Maintenance Fee
MaintenanceFee
3000 eur
CY2018Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
450000 shares
CY2020Q1 us-gaap Payments For Rent
PaymentsForRent
0 eur
CY2021Q1 atnf Percentage Of Consultant Bonus
PercentageOfConsultantBonus
0.50 pure
CY2021Q1 atnf Shares Issues
SharesIssues
5035 shares
CY2021Q3 atnf Shares Issues
SharesIssues
3077 shares
CY2021Q3 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
15000000 usd
CY2002Q2 atnf Consultant Fee
ConsultantFee
23000 eur
CY2002Q2 us-gaap Accrued Exchange Fee Rebate Current
AccruedExchangeFeeRebateCurrent
4000 eur
CY2002Q2 us-gaap Management Fee Payable
ManagementFeePayable
19000 eur
CY2002Q2 atnf Accrued Amount
AccruedAmount
15000000 usd
CY2021Q2 us-gaap Restricted Stock Expense
RestrictedStockExpense
50000 usd
CY2021Q4 atnf Shares Of License Agreement
SharesOfLicenseAgreement
272 usd
CY2023Q1 atnf Initial Term Of Agreement
InitialTermOfAgreement
P3Y
CY2022 atnf Consulting Services Payable
ConsultingServicesPayable
60000 usd
CY2021Q4 atnf Agreement Period
AgreementPeriod
P1Y
CY2022 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
43750 usd
CY2022 atnf Warrants Purchase Price
WarrantsPurchasePrice
81 shares
CY2022 us-gaap Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
26325 shares
CY2021Q1 atnf Additional Consideration Agreement Description
AdditionalConsiderationAgreementDescription
As additional consideration for the CEO agreeing to enter into the agreement, the Company awarded him options to purchase 70,000 shares of the Company’s common stock, which have a term of 10 years, and an exercise price of $88.60 per share (the closing sales price on the date the board of directors approved the grant (February 26, 2021)). The options as subject to the Company’s 2020 Omnibus Incentive Plan and vest at the rate of (a) 1/5th of such options on the grant date; and (b) 4/5th of such options vesting ratably on a monthly basis over the following 36 months on the last day of each calendar month; provided, however, that such options vest immediately upon the CEO’s death or disability, termination without cause or a termination by the CEO for good reason (as defined in the agreement), a change in control of the Company or upon a sale of the Company.  
CY2022 atnf Percentage Of Salaries Available To Paid Bonus
PercentageOfSalariesAvailableToPaidBonus
0.45 pure
CY2022Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
313875 usd
CY2021Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
205500 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.03 pure
CY2022Q2 us-gaap Deferred Compensation Arrangement With Individual Cash Awards Granted Percentage
DeferredCompensationArrangementWithIndividualCashAwardsGrantedPercentage
0.20 pure
CY2022Q4 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
139500 usd
CY2022 atnf Common Stock To Early Bird Valued
CommonStockToEarlyBirdValued
79 usd
CY2022Q4 atnf Percentage Of Targeted Amount
PercentageOfTargetedAmount
0.50 pure
CY2022Q2 us-gaap Deferred Compensation Arrangement With Individual Cash Awards Granted Percentage
DeferredCompensationArrangementWithIndividualCashAwardsGrantedPercentage
0.20 pure
CY2022Q2 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
221000 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
100
CY2021Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2021Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
968930 usd
CY2021 atnf Allocated To Common Stock
AllocatedToCommonStock
364812 usd
CY2021 atnf Allocated To Warrant Liabilities
AllocatedToWarrantLiabilities
604118 usd
CY2021Q4 atnf Penalties For Event Of Default
PenaltiesForEventOfDefault
174993 usd
CY2021Q4 atnf Maximum Penalties For Event Of Defaults
MaximumPenaltiesForEventOfDefaults
583310 usd
CY2021 atnf Incurred Of Damages
IncurredOfDamages
524979 usd
CY2021Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
54.6
CY2021Q1 atnf Accrued Interest Converted Amount
AccruedInterestConvertedAmount
105850 usd
CY2017Q4 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
275000 usd
CY2017Q4 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
11250 shares
CY2017Q4 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
1973250 usd
CY2017Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
1750000 usd
CY2017Q4 us-gaap Debtor Reorganization Items Gain Loss On Settlement Of Other Claims Net1
DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1
223250 usd
CY2021Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
150
CY2021Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2021Q3 atnf Placement Agent Fees And Offering Expenses
PlacementAgentFeesAndOfferingExpenses
1120000 usd
CY2021 atnf Original Issuance Discount
OriginalIssuanceDiscount
7500 usd
CY2022Q3 atnf Aggregate Shares
AggregateShares
175000 shares
CY2022Q3 atnf Warrants Purchase Price
WarrantsPurchasePrice
0.0001 shares
CY2022 atnf Prefunded Warrant Exercised
PrefundedWarrantExercised
263 usd
CY2022Q4 atnf Aggregate Shares
AggregateShares
215000 shares
CY2022 atnf Prefunded Warrant Shares
PrefundedWarrantShares
1499286 shares
CY2022 atnf Aggregate Shares
AggregateShares
600 shares
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
48600 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
600 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
81
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
325 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
81
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
275 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
81
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
22275000000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y
CY2021 atnf Common Stocks Equivalents Shares Special Voting Shares
CommonStocksEquivalentsSharesSpecialVotingShares
73224 shares
CY2020Q4 atnf Special Voting Share Activity
SpecialVotingShareActivity
73488 shares
CY2021 atnf Special Voting Share Exchanged
SpecialVotingShareExchanged
-73224 shares
CY2021Q4 atnf Special Voting Share Activity
SpecialVotingShareActivity
264 shares
CY2022Q4 atnf Special Voting Share Activity
SpecialVotingShareActivity
264 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2500 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
49.8
CY2021 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P9Y11M1D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
134550 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
96.34
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
137050 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
95.49
CY2021 atnf Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Option Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionWeightedAverageRemainingContractualTerm2
P9Y4M28D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
3525 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
25906 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
27.2
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
162956 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
84.63
CY2022 atnf Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Option Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionWeightedAverageRemainingContractualTerm2
P8Y7M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
93336 shares
CY2022Q4 atnf Weighted Average Exercise Price Exercisable Ending
WeightedAverageExercisePriceExercisableEnding
83.47
CY2022 atnf Weighted Average Remaining Term1 Exercisable Ending
WeightedAverageRemainingTerm1ExercisableEnding
P8Y6M
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
162956 shares
CY2022 atnf Stock Options Exercisable Weighted Average Remainings Life In Years
StockOptionsExercisableWeightedAverageRemainingsLifeInYears
P8Y6M
CY2022 atnf Stock Options Exercisable Number Of Share
StockOptionsExercisableNumberOfShare
93337 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsPeriodIncreaseDecrease
79000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
88.6
CY2021Q1 atnf Vest Rate
VestRate
0.20 pure
CY2021Q1 atnf Grant Rate Percentage
GrantRatePercentage
0.80 pure
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4810527 usd
CY2021Q3 atnf Granted Options
GrantedOptions
P10Y
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsPeriodIncreaseDecrease
21800 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
151.2
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2180375 usd
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsPeriodIncreaseDecrease
33750 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
79
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2077953 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsPeriodIncreaseDecrease
5700 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
27.2
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
115936 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsPeriodIncreaseDecrease
6707 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
27.2
CY2022 atnf Shares Grant Dated Value
SharesGrantDatedValue
6707 shares
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
13500 usd
CY2022 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
261704 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0288 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.91 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2607501 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2852309 usd
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
4202495 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P2Y2M8D
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-37727021 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-15078170 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1941987 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-5269682 usd
CY2022 atnf Income Tax
IncomeTax
-39669008 usd
CY2021 atnf Income Tax
IncomeTax
-20347852 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4057936 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1503577 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1343123 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
499136 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
353038 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
547944 usd
CY2022Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
5754097 usd
CY2021Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
2550657 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-4811348 usd
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-2527453 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
942749 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
23204 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
-0.001 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
-0.005 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.066 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.052 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.237 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.058 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.107 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.064 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Other
EffectiveIncomeTaxRateReconciliationTaxContingenciesOther
-0.008 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.121 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.124 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.024 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.003 pure
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13399384 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
9395986 usd
CY2022 atnf Deferred Tax Assets Amortization
DeferredTaxAssetsAmortization
165476 usd
CY2022 atnf Deferred Tax Assets Accrued Compensation Not Currently Deductible
DeferredTaxAssetsAccruedCompensationNotCurrentlyDeductible
343787 usd
CY2021 atnf Deferred Tax Assets Accrued Compensation Not Currently Deductible
DeferredTaxAssetsAccruedCompensationNotCurrentlyDeductible
169222 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1588866 usd
CY2022Q4 atnf Accrued Interests
AccruedInterests
150502 usd
CY2021Q4 atnf Accrued Interests
AccruedInterests
146636 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
8125 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
-1 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15656140 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
9711843 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
368587 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
375671 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
2332618 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
3267854 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
555880 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
639726 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3257085 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4283251 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12399055 usd
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
5428592 usd
CY2022Q4 atnf Valuation Allowance
ValuationAllowance
-15016414 usd
CY2021Q4 atnf Valuation Allowance
ValuationAllowance
-9072118 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2617359 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3643526 usd
CY2022 atnf Stock Issued During Period Shares Reverse Stock Split
StockIssuedDuringPeriodSharesReverseStockSplit
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CY2021 atnf Stock Issued During Period Value Shares Issued Upon Exchange Of Common Stock Equivalents
StockIssuedDuringPeriodValueSharesIssuedUponExchangeOfCommonStockEquivalents
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CY2021 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 atnf Deferred Tax Assets Beginning
DeferredTaxAssetsBeginning
-9072118 usd
CY2021 atnf Deferred Tax Assets Beginning
DeferredTaxAssetsBeginning
-9709220 usd
CY2022 atnf Change In Valuation Pursuant To The Tax Provision
ChangeInValuationPursuantToTheTaxProvision
4811348 usd
CY2021 atnf Change In Valuation Pursuant To The Tax Provision
ChangeInValuationPursuantToTheTaxProvision
2527453 usd
CY2022 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-1132948 usd
CY2021 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
3164555 usd
CY2022 atnf Deferred Tax Assets Beginning Ending
DeferredTaxAssetsBeginningEnding
-15016414 usd
CY2021 atnf Deferred Tax Assets Beginning Ending
DeferredTaxAssetsBeginningEnding
-9072118 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.80 pure
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4811348 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2527453 usd
CY2022Q4 atnf Accrued Expenses Related Parties
AccruedExpensesRelatedParties
188159 usd
CY2021 atnf Accrued Expense Related Parties
AccruedExpenseRelatedParties
18370 usd
CY2022 atnf Loans Payable Related Parties Amount
LoansPayableRelatedPartiesAmount
0 usd
CY2021 atnf Loans Payable Related Parties Amount
LoansPayableRelatedPartiesAmount
81277 usd
CY2022 atnf Research And Development Expenses Related Parties
ResearchAndDevelopmentExpensesRelatedParties
240731 usd
CY2021 atnf Research And Development Expenses Related Parties
ResearchAndDevelopmentExpensesRelatedParties
2947536 usd
CY2022 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
5612 usd
CY2021 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
462580 usd
CY2021Q4 us-gaap Bad Debt Reserve For Tax Purposes Of Qualified Lender
BadDebtReserveForTaxPurposesOfQualifiedLender
338000 usd
CY2022 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
1508 usd
CY2022Q4 us-gaap Goodwill
Goodwill
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CY2022Q4 atnf Loans Payable Related Parties
LoansPayableRelatedParties
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CY2022 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
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CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
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CY2022 atnf Offering Costs Allocated To Warrant Liabilities
OfferingCostsAllocatedToWarrantLiabilities
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CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-12.96
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-18.55
CY2022 atnf Offering Costs Allocated To Warrant Liabilities
OfferingCostsAllocatedToWarrantLiabilities
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CY2022 atnf Change In Fair Value Of Accrued Issuable Equity
ChangeInFairValueOfAccruedIssuableEquity
usd
CY2022 atnf Increase Or Decrease In Accounts Payable Related Parties
IncreaseOrDecreaseInAccountsPayableRelatedParties
usd
CY2022 atnf Accrued Issuable Equitys
AccruedIssuableEquitys
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CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
usd
CY2022 atnf Offering Costs In Connection With2021 Sale Of Stock And Warrants
OfferingCostsInConnectionWith2021SaleOfStockAndWarrants
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CY2021 atnf Offering Costs In Connection With July2022 Sale Of Common Stock And Common Warrants
OfferingCostsInConnectionWithJuly2022SaleOfCommonStockAndCommonWarrants
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CY2021 atnf Offering Costs In Connection With Sale Of Common Stock And Warrants
OfferingCostsInConnectionWithSaleOfCommonStockAndWarrants
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CY2022 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
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CY2021 atnf Proceeds From Sale Of Common Stock1
ProceedsFromSaleOfCommonStock1
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2021 atnf Proceeds From Exercise Of July2022 Prefunded Warrants
ProceedsFromExerciseOfJuly2022PrefundedWarrants
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CY2021 atnf Proceeds From Exercise Of December2022 Prefunded Warrants
ProceedsFromExerciseOfDecember2022PrefundedWarrants
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CY2022 atnf Common Stock Issued Upon Conversion Of Kbl Debt
CommonStockIssuedUponConversionOfKBLDebt
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CY2022 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
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CY2022 atnf Deemed Dividend Beneficial Conversion Feature On Series A Convertible Preferred Stock
DeemedDividendBeneficialConversionFeatureOnSeriesAConvertiblePreferredStock
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CY2022 atnf Shares Issued Due To Impact Of Transfer Agent Reconciliation
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