2018 Q1 Form 10-K Financial Statement

#000114420418012321 Filed on March 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2017 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $990.0K $1.100M $850.0K
YoY Change 167.57% 266.67% 325.0%
% of Gross Profit
Research & Development $9.439M $5.220M $2.000M
YoY Change 6996.99% 2385.71% 992.9%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $9.439M $6.325M $2.848M
YoY Change 1772.82% 1125.78% 643.6%
Operating Profit -$10.43M -$2.848M
YoY Change 1968.45% 643.6%
Interest Expense $0.00 $80.00K $106.0K
YoY Change -100.0% -126.67% 19.1%
% of Operating Profit
Other Income/Expense, Net $0.00 $82.00K -$100.0K
YoY Change -100.0% -127.42% -37.89%
Pretax Income -$10.38M -$6.240M -$2.950M
YoY Change 1472.73% 660.98% 446.3%
Income Tax
% Of Pretax Income
Net Earnings -$10.38M -$6.243M -$2.948M
YoY Change 1469.89% 666.01% 441.91%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$1.028M -$624.6K -$295.9K
COMMON SHARES
Basic Shares Outstanding 10.28M shares 10.27M shares 10.04M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q1 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.96M $21.78M $26.05M
YoY Change 10790.0% 86733.33%
Cash & Equivalents $14.96M $11.78M $16.05M
Short-Term Investments $0.00 $10.00M $10.00M
Other Short-Term Assets $310.0K $390.0K $130.0K
YoY Change 34.78% 333.33%
Inventory
Prepaid Expenses $126.0K
Receivables
Other Receivables
Total Short-Term Assets $15.27M $22.17M $26.18M
YoY Change 6539.13% 10985.0% 43533.33%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $3.000K $0.00 -$4.000K
YoY Change -25.0% -100.0%
TOTAL ASSETS
Total Short-Term Assets $15.27M $22.17M $26.18M
Total Long-Term Assets $3.000K $0.00 -$4.000K
Total Assets $15.27M $22.17M $26.18M
YoY Change 6426.92% 11153.81% 43526.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.909M $1.545M $1.910M
YoY Change 349.31% 362.57% 377.5%
Accrued Expenses $2.010M $50.00K $80.00K
YoY Change 1.52% -97.14% -94.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $5.920M $2.790M $1.990M
YoY Change -24.35% -56.54% -58.19%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.920M $2.790M $1.990M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $5.920M $2.790M $1.990M
YoY Change -35.22% -66.96% -73.64%
SHAREHOLDERS EQUITY
Retained Earnings -$31.04M -$20.66M -$14.42M
YoY Change 242.43% 145.88%
Common Stock $40.39M $38.94M $38.60M
YoY Change 25144.38% 36633.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.353M $19.38M $24.19M
YoY Change
Total Liabilities & Shareholders Equity $15.27M $22.17M $26.18M
YoY Change 6426.92% 11153.81% 43526.67%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income -$10.38M -$6.243M -$2.948M
YoY Change 1469.89% 666.01% 441.91%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$6.819M -$4.270M -$1.870M
YoY Change 19955.88% 6000.0% 325.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $10.00M $0.00 -$10.00M
YoY Change
Cash From Investing Activities $10.00M $0.00 -$10.00M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 -6.750M
YoY Change -100.0% -100.0% -1600.0%
NET CHANGE
Cash From Operating Activities -6.819M -4.270M -1.870M
Cash From Investing Activities 10.00M 0.000 -10.00M
Cash From Financing Activities 0.000 0.000 -6.750M
Net Change In Cash 3.181M -4.270M -18.62M
YoY Change -1714.72% -2611.76% -186300.0%
FREE CASH FLOW
Cash From Operating Activities -$6.819M -$4.270M -$1.870M
Capital Expenditures $0.00
Free Cash Flow -$4.270M
YoY Change 6000.0%

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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0px; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0px; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><i>Valuation of Warrant Related to NSC Note</i></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0px; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">In accordance with ASC 815 <i>Derivatives and Hedging</i>, the Company classified the fair value of the warrant (&#8220;Contingently Issuable Warrants&#8221;) that it may be obligated to issue to National Securities, Inc. (&#8220;NSC&#8221;), in connection with the transfer on October 31, 2015 of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">3.0</font> million of indebtedness to NSC, as a derivative liability as there was a potential that the Company would not have a sufficient number of authorized common shares available to settle this instrument. The Company valued these Contingently Issuable Warrants using a Black-Scholes model and used estimates for an expected dividend yield, a risk-free interest rate, and expected volatility together with management&#8217;s estimate of the probability of issuance of the Contingently Issuable Warrants. At each reporting period, as long as the Contingently Issuable Warrants were potentially issuable and there was a potential for an insufficient number of authorized shares available to settle the Contingently Issuable Warrants, the Contingently Issuable Warrants had to be revalued and any difference from the previous valuation date would be recognized as a change in fair value in the Company&#8217;s statement of operations. On June 26, 2017, the warrants were issued (See Note 9).</div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Allocated Share Based Compensation Expense
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100000 USD
CY2017 atxi Stock Issuance Common Stock Issuable During Period Value
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OtherResearchAndDevelopmentExpense
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us-gaap Other Research And Development Expense
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StockIssuedDuringPeriodConversionOfMsaFeesIntoCommonValue
1000000 USD
CY2017 atxi Stock Issued During Period Issuance Of Warrants Under Nsc Note
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750000 USD
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CY2017 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
299000 USD
CY2017 atxi Change In Fair Value Of Convertible Notes Warrants
ChangeInFairValueOfConvertibleNotesWarrants
15000 USD
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AccountsPayableCurrent
1545000 USD
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AccountsPayableCurrent
334000 USD
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215000 USD
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0 USD
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atxi Stock Issued During Period Value Issuable To Parent New Issues
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0 USD
us-gaap Stock Issued During Period Value Issued For Services
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22000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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29000 USD
atxi Stock Issuance Common Stock Issuable During Period Value
StockIssuanceCommonStockIssuableDuringPeriodValue
40000 USD
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StockIssuedDuringPeriodValueNewIssues
5000 USD
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CommonStockConvertedToPreferredSharesValue
0 USD
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28000 USD
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18000 USD
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604000 USD
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StockIssuedDuringPeriodValueNewIssues
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300000 USD
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632000 USD
CY2017 atxi Agreement Description Terms
AgreementDescriptionTerms
(i) issue annually to Fortress, on the anniversary date of the Founders Agreement, shares of common stock equal to two and one half percent (2.5%) of the fully-diluted outstanding equity of Avenue at the time of issuance; (ii) pay an equity fee in shares of Avenue common stock, payable within five (5) business days of the closing of any equity or debt financing for Avenue or any of its respective subsidiaries that occurs after the effective date of the Founders Agreement and ending on the date when Fortress no longer has majority voting control in Avenues voting equity, equal to two and one half percent (2.5%) of the gross amount of any such equity or debt financing; and (iii) pay a cash fee equal to four and one half percent (4.5%) of Avenues annual net sales, payable on an annual basis, within ninety (90) days of the end of each calendar year. In the event of a change in control (as it is defined in the Founders Agreement), Fortress will be paid a one-time change in control fee equal to five (5x) times the product of (i) net sales for the twelve (12) months immediately preceding the change in control and (ii) four and one-half percent (4.5%).
CY2017 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
0 USD
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OtherResearchAndDevelopmentExpense
0 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
22000 USD
CY2017 atxi Common Stock Issuable For Founder Agreement
CommonStockIssuableForFounderAgreement
1103000 USD
CY2016 atxi Common Stock Issuable For Founder Agreement
CommonStockIssuableForFounderAgreement
49000 USD
atxi Common Stock Issuable For Founder Agreement
CommonStockIssuableForFounderAgreement
40000 USD
CY2017 atxi Issuance Of Common Shares For Founders Agreement
IssuanceOfCommonSharesForFoundersAgreement
948000 USD
CY2016 atxi Issuance Of Common Shares For Founders Agreement
IssuanceOfCommonSharesForFoundersAgreement
5000 USD
atxi Issuance Of Common Shares For Founders Agreement
IssuanceOfCommonSharesForFoundersAgreement
0 USD
CY2017 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
0 USD
CY2016 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
58000 USD
us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
0 USD
CY2017 us-gaap Other Noncash Expense
OtherNoncashExpense
0 USD
CY2016 us-gaap Other Noncash Expense
OtherNoncashExpense
12000 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
0 USD
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PaymentsToAcquireInProcessResearchAndDevelopment
0 USD
CY2016 us-gaap Payments To Acquire In Process Research And Development
PaymentsToAcquireInProcessResearchAndDevelopment
0 USD
us-gaap Payments To Acquire In Process Research And Development
PaymentsToAcquireInProcessResearchAndDevelopment
3000000 USD
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ProceedsFromConvertibleDebt
0 USD
CY2016 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
200000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
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PaymentsOfLoanCosts
0 USD
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PaymentsOfLoanCosts
58000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
0 USD
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0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
256000 USD
CY2017 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
0 USD
CY2016 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
0 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
3000000 USD
CY2017 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
637000 USD
CY2016 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
1673000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
1165000 USD
CY2017 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
3485000 USD
CY2016 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
CY2017 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
CY2016 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
114000 USD
CY2017 atxi Retirement Of Common Shares
RetirementOfCommonShares
0 USD
CY2016 atxi Retirement Of Common Shares
RetirementOfCommonShares
18000 USD
atxi Retirement Of Common Shares
RetirementOfCommonShares
0 USD
CY2017 us-gaap Stock Issued1
StockIssued1
0 USD
CY2016 us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
1000 USD
CY2017 atxi Service Agreement Expenses
ServiceAgreementExpenses
500000 USD
CY2016 atxi Service Agreement Expenses
ServiceAgreementExpenses
500000 USD
CY2015 atxi Service Agreement Expenses
ServiceAgreementExpenses
400000 USD
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
504000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
1744000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
2848000 USD
CY2017Q4 us-gaap Operating Expenses
OperatingExpenses
6325000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-157000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-662000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
-661000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-100000 USD
CY2017Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
82000 USD
CY2016 atxi Effective Income Tax Rate Reconciliation Change In Enacted Federal Tax Rate Percent
EffectiveIncomeTaxRateReconciliationChangeInEnactedFederalTaxRatePercent
0 pure
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NetIncomeLoss
-2406000 USD
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NetIncomeLoss
-2948000 USD
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NetIncomeLoss
-6243000 USD
CY2017Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.70
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.30
CY2017Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.63
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
840000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
638000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
383000 USD
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
516000 USD
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-207000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-133000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-161000 USD
CY2016Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-299000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-1047000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-771000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-544000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
-815000 USD
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.28
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.19
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.27
CY2017 atxi Effective Income Tax Rate Reconciliation Change In Enacted State Tax Rate Percent
EffectiveIncomeTaxRateReconciliationChangeInEnactedStateTaxRatePercent
0.01 pure
CY2016 atxi Effective Income Tax Rate Reconciliation Change In Enacted State Tax Rate Percent
EffectiveIncomeTaxRateReconciliationChangeInEnactedStateTaxRatePercent
-0.01 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.04 pure
CY2017 atxi Effective Income Tax Rate Reconciliation Change In Enacted Federal Tax Rate Percent
EffectiveIncomeTaxRateReconciliationChangeInEnactedFederalTaxRatePercent
-0.2 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.08 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.03 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.01 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.01 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.21 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.38 pure
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4220000 USD
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2080000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
70000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
0 USD
CY2017Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
226000 USD
CY2016Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
73000 USD
CY2017Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
1064000 USD
CY2016Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
1064000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
8000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
78000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
154000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
33000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
5742000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3328000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5742000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3318000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
0 USD
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
10000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2017 atxi Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Granted Contractuallterm1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingGrantedContractuallterm1
P5Y
CY2016Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
33333 shares
CY2017Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
200000 USD
CY2017Q2 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
49748 shares
CY2017Q3 us-gaap Share Price
SharePrice
1.85
CY2017Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
37000 USD
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
6.29
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
0 USD
CY2016Q4 us-gaap Notes Payable
NotesPayable
2826000 USD
CY2017Q4 us-gaap Notes Payable
NotesPayable
0 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
-5135000 USD
CY2017Q2 atxi Share Based Compensation Allocation Percentage
ShareBasedCompensationAllocationPercentage
1 pure
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
984999 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
524999 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
366666 shares
CY2017Q3 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5000000 USD
CY2017 atxi Extend Loan Modification Reduction To Interest Expense
ExtendLoanModificationReductionToInterestExpense
300000 USD
CY2015Q4 us-gaap Notes Payable
NotesPayable
2703000 USD

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