2019 Q2 Form 10-Q Financial Statement

#000143774919016045 Filed on August 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $2.319M $2.058M $1.809M
YoY Change 12.68% -16.34% -48.17%
Cost Of Revenue $1.599M $2.169M $1.415M
YoY Change -26.28% -44.67% -65.32%
Gross Profit $720.0K -$111.0K $394.0K
YoY Change -748.65% -92.4% -167.93%
Gross Profit Margin 31.05% -5.39% 21.78%
Selling, General & Admin $4.091M $4.444M $4.500M
YoY Change -7.94% -28.21% -51.72%
% of Gross Profit 568.19% 1142.13%
Research & Development $1.335M $1.159M $1.777M
YoY Change 15.19% -62.61% -54.67%
% of Gross Profit 185.42% 451.02%
Depreciation & Amortization $230.0K $240.0K $277.0K
YoY Change -4.17% -42.86% -35.58%
% of Gross Profit 31.94% 70.3%
Operating Expenses $5.426M $5.603M $6.277M
YoY Change -3.16% -39.62% -52.59%
Operating Profit -$4.706M -$5.714M -$5.883M
YoY Change -17.64% -46.8% -57.43%
Interest Expense $364.0K $362.0K $4.672M
YoY Change 0.55% -123.66% -407.37%
% of Operating Profit
Other Income/Expense, Net $329.0K $227.0K $241.0K
YoY Change 44.93%
Pretax Income -$4.650M -$5.800M -$10.28M
YoY Change -19.83% -54.69% -32.99%
Income Tax
% Of Pretax Income
Net Earnings -$4.651M -$5.799M -$10.28M
YoY Change -19.8% -54.7% -32.98%
Net Earnings / Revenue -200.56% -281.78% -568.33%
Basic Earnings Per Share
Diluted Earnings Per Share -$728.8K -$8.529M -$51.40M
COMMON SHARES
Basic Shares Outstanding 64.20M
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.75M $10.14M $14.42M
YoY Change 45.46% -27.36% -37.39%
Cash & Equivalents $14.75M $10.14M $14.42M
Short-Term Investments
Other Short-Term Assets $760.0K $1.080M $1.160M
YoY Change -29.63% -4.42% -14.71%
Inventory $4.105M $3.650M $4.010M
Prepaid Expenses
Receivables $1.210M $1.680M $1.350M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $20.83M $16.55M $20.94M
YoY Change 25.88% -28.91% -39.88%
LONG-TERM ASSETS
Property, Plant & Equipment $2.006M $2.100M $2.430M
YoY Change -4.48% -45.6% -41.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $384.0K $580.0K $590.0K
YoY Change -33.79% 132.0% 180.95%
Total Long-Term Assets $7.986M $2.680M $3.020M
YoY Change 197.99% -34.79% -31.21%
TOTAL ASSETS
Total Short-Term Assets $20.83M $16.55M $20.94M
Total Long-Term Assets $7.986M $2.680M $3.020M
Total Assets $28.82M $19.23M $23.96M
YoY Change 49.86% -29.79% -38.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.086M $1.370M $2.160M
YoY Change -20.73% 19.13% 86.21%
Accrued Expenses $776.0K $2.010M $1.860M
YoY Change -61.39% -53.47% -64.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $8.200M $7.820M $7.520M
YoY Change 4.86% -81.6% -82.04%
Total Short-Term Liabilities $14.36M $12.45M $11.95M
YoY Change 15.3% -74.04% -75.25%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $11.00K $190.0K $110.0K
YoY Change -94.21% -13.64% -57.69%
Total Long-Term Liabilities $11.00K $190.0K $110.0K
YoY Change -94.21% -13.64% -57.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.36M $12.45M $11.95M
Total Long-Term Liabilities $11.00K $190.0K $110.0K
Total Liabilities $18.90M $12.64M $12.06M
YoY Change 49.52% -73.77% -75.15%
SHAREHOLDERS EQUITY
Retained Earnings -$338.6M
YoY Change
Common Stock $348.5M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.920M $6.592M $11.90M
YoY Change
Total Liabilities & Shareholders Equity $28.82M $19.23M $23.96M
YoY Change 49.86% -29.79% -38.91%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income -$4.651M -$5.799M -$10.28M
YoY Change -19.8% -54.7% -32.98%
Depreciation, Depletion And Amortization $230.0K $240.0K $277.0K
YoY Change -4.17% -42.86% -35.58%
Cash From Operating Activities -$3.620M -$4.470M -$6.877M
YoY Change -19.02% -50.61% -48.14%
INVESTING ACTIVITIES
Capital Expenditures -$10.00K -$130.0K
YoY Change -92.31% 550.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $50.00K
YoY Change
Cash From Investing Activities $0.00 -$180.0K $46.00K
YoY Change -100.0% 800.0% -253.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.670M 370.0K 15.86M
YoY Change 351.35% -3800.0% 6795.65%
NET CHANGE
Cash From Operating Activities -3.620M -4.470M -6.877M
Cash From Investing Activities 0.000 -180.0K 46.00K
Cash From Financing Activities 1.670M 370.0K 15.86M
Net Change In Cash -1.950M -4.280M 9.029M
YoY Change -54.44% -52.86% -169.13%
FREE CASH FLOW
Cash From Operating Activities -$3.620M -$4.470M -$6.877M
Capital Expenditures -$10.00K -$130.0K
Free Cash Flow -$3.610M -$4.340M -$6.877M
YoY Change -16.82% -51.94% -48.02%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
avgr Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
93000
avgr Proceeds From The Issuance Of Common Stock Under Officers And Directors Purchase Plan
ProceedsFromTheIssuanceOfCommonStockUnderOfficersAndDirectorsPurchasePlan
36000
avgr Accretion Of Preferred Stock Dividends
AccretionOfPreferredStockDividends
1790000
avgr Accretion Of Preferred Stock Dividends
AccretionOfPreferredStockDividends
1246000
CY2015Q3 avgr Debt Instrument Covenant Compliance Cash And Certain Cash Equivalents Minimum
DebtInstrumentCovenantComplianceCashAndCertainCashEquivalentsMinimum
5000000
CY2018Q1 avgr Debt Instrument Covenant Compliance Cash And Certain Cash Equivalents Minimum
DebtInstrumentCovenantComplianceCashAndCertainCashEquivalentsMinimum
3500000
CY2015Q3 avgr Debt Instrument Covenant Compliance Prepayment Multiplier For Revenue Shortfall
DebtInstrumentCovenantCompliancePrepaymentMultiplierForRevenueShortfall
2
avgr Proceeds From The Issuance Of Common Stock Under Officers And Directors Purchase Plan
ProceedsFromTheIssuanceOfCommonStockUnderOfficersAndDirectorsPurchasePlan
CY2015Q3 avgr Debt Instrument Covenant Compliance Target Minimum Revenue After Year Five
DebtInstrumentCovenantComplianceTargetMinimumRevenueAfterYearFive
70000000
CY2018Q1 avgr Debt Instrument Covenant Compliance Target Minimum Revenue Eighth Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueEighthYear
25000000
CY2015Q3 avgr Debt Instrument Covenant Compliance Target Minimum Revenue Fifth Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueFifthYear
60000000
CY2015Q3 avgr Debt Instrument Covenant Compliance Target Minimum Revenue First Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueFirstYear
7000000
CY2015Q3 avgr Debt Instrument Covenant Compliance Target Minimum Revenue Fourth Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueFourthYear
50000000
CY2016Q4 avgr Debt Instrument Covenant Compliance Target Minimum Revenue Second Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueSecondYear
18000000
CY2015Q3 avgr Debt Instrument Covenant Compliance Target Minimum Revenue Second Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueSecondYear
23000000
CY2018Q1 avgr Debt Instrument Covenant Compliance Target Minimum Revenue Seventh Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueSeventhYear
20000000
CY2018Q1 avgr Debt Instrument Covenant Compliance Target Minimum Revenue Sixth Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueSixthYear
15000000
CY2015Q3 avgr Debt Instrument Covenant Compliance Target Minimum Revenue Third Year
DebtInstrumentCovenantComplianceTargetMinimumRevenueThirdYear
40000000
CY2015Q3 avgr Debt Instrument Final Facility Fee Percentage
DebtInstrumentFinalFacilityFeePercentage
0.07
CY2018Q1 avgr Debt Instrument Final Facility Fee Percentage
DebtInstrumentFinalFacilityFeePercentage
0.15
CY2015Q3 avgr Debt Instrument Financing Fee Percentage
DebtInstrumentFinancingFeePercentage
0.015
CY2015Q3 avgr Debt Instrument Redemption Annual Decline In Prepayment Premium Percentage
DebtInstrumentRedemptionAnnualDeclineInPrepaymentPremiumPercentage
0.01
CY2015Q3 avgr Debt Instrument Redemption Initial Prepayment Premium Percentage
DebtInstrumentRedemptionInitialPrepaymentPremiumPercentage
0.05
CY2015Q3 avgr Debt Instrument Redemption Prepayment Premium Percentage After Fifth Year
DebtInstrumentRedemptionPrepaymentPremiumPercentageAfterFifthYear
0
avgr Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-492000
avgr Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
avgr Increase Decrease In Other Long Term Liabilities And Accrued Interest
IncreaseDecreaseInOtherLongTermLiabilitiesAndAccruedInterest
-30000
avgr Increase Decrease In Other Long Term Liabilities And Accrued Interest
IncreaseDecreaseInOtherLongTermLiabilitiesAndAccruedInterest
-114000
avgr Noncash Interest Expense Income And Other Charges Net
NoncashInterestExpenseIncomeAndOtherChargesNet
724000
avgr Noncash Interest Expense Income And Other Charges Net
NoncashInterestExpenseIncomeAndOtherChargesNet
5037000
avgr Operating Lease Rightofuse Asset Amortization
OperatingLeaseRightofuseAssetAmortization
219000
avgr Operating Lease Rightofuse Asset Amortization
OperatingLeaseRightofuseAssetAmortization
avgr Payment Of Accrued Interest
PaymentOfAccruedInterest
avgr Payment Of Accrued Interest
PaymentOfAccruedInterest
60000
avgr Preferred Stock Deemed Dividend Arising From Beneficial Conversion Feature
PreferredStockDeemedDividendArisingFromBeneficialConversionFeature
avgr Preferred Stock Deemed Dividend Arising From Beneficial Conversion Feature
PreferredStockDeemedDividendArisingFromBeneficialConversionFeature
5216000
CY2019Q2 avgr Preferred Stock Deemed Dividend Arising From Beneficial Conversion Feature
PreferredStockDeemedDividendArisingFromBeneficialConversionFeature
CY2018Q2 avgr Preferred Stock Deemed Dividend Arising From Beneficial Conversion Feature
PreferredStockDeemedDividendArisingFromBeneficialConversionFeature
avgr Proceeds From Issuance Of Convertible Preferred Stock Net Of Issuance Costs
ProceedsFromIssuanceOfConvertiblePreferredStockNetOfIssuanceCosts
avgr Proceeds From Issuance Of Convertible Preferred Stock Net Of Issuance Costs
ProceedsFromIssuanceOfConvertiblePreferredStockNetOfIssuanceCosts
15534000
CY2018Q4 avgr Proceeds From Issuance Or Sale Of Equity Net
ProceedsFromIssuanceOrSaleOfEquityNet
10200000
CY2018Q1 avgr Proceeds From Issuance Or Sale Of Equity Net
ProceedsFromIssuanceOrSaleOfEquityNet
15500000
avgr Proceeds From Issuance Or Sale Of Equity Net
ProceedsFromIssuanceOrSaleOfEquityNet
8000000
CY2018Q3 avgr Proceeds From Issuance Or Sale Of Equity Net
ProceedsFromIssuanceOrSaleOfEquityNet
3000000
avgr Proceeds From The Issuance Of Common Stock And Convertible Preferred Stock Net Of Issuance Costs
ProceedsFromTheIssuanceOfCommonStockAndConvertiblePreferredStockNetOfIssuanceCosts
avgr Proceeds From The Issuance Of Common Stock And Convertible Preferred Stock Net Of Issuance Costs
ProceedsFromTheIssuanceOfCommonStockAndConvertiblePreferredStockNetOfIssuanceCosts
326000
avgr Reclassification Of Right Of Use Asset To Prepaid Rent
ReclassificationOfRightOfUseAssetToPrepaidRent
179000
avgr Reclassification Of Right Of Use Asset To Prepaid Rent
ReclassificationOfRightOfUseAssetToPrepaidRent
CY2018Q2 avgr Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
581000
CY2019Q2 avgr Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
1653000
avgr Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
581000
avgr Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
7993000
avgr Transfer Between Inventories And Property And Equipment
TransferBetweenInventoriesAndPropertyAndEquipment
287000
avgr Transfer Between Inventories And Property And Equipment
TransferBetweenInventoriesAndPropertyAndEquipment
avgr Warranty Period
WarrantyPeriod
P1Y
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1086000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1148000
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1210000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1154000
CY2019Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
776000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1449000
us-gaap Interest Paid Net
InterestPaidNet
60000
CY2019Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
348505000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
338342000
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
836000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
895000
us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
1246000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10144000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1656000
us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
1790000
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
641000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
516000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1259000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1009000
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
516000
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
641000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1009000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1260000
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
218000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
260000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
86000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
57000
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24185543
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18091408
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
36799980
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17794530
CY2019Q2 us-gaap Assets
Assets
28819000
CY2018Q4 us-gaap Assets
Assets
23699000
CY2019Q2 us-gaap Assets Current
AssetsCurrent
20833000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
21621000
CY2019Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
0
CY2018Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
0
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14754000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16410000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5389000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
4755000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.16
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-51.82
CY2018Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1797900
CY2019Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
27593789
CY2018Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
47575393
CY2019Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6421317
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3492200
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6421317
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3492200
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
6000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
3000
CY2019Q2 us-gaap Cost Of Revenue
CostOfRevenue
1599000
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
2169000
us-gaap Cost Of Revenue
CostOfRevenue
3066000
us-gaap Cost Of Revenue
CostOfRevenue
3584000
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
38000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
428000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
518000
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.87
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-9.83
CY2019Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1439000
CY2019Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
1790000
CY2018Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
2918000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2383000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
242000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
334000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1066000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-575000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-104000
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1197000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2019Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2018Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2019Q2 us-gaap Gross Profit
GrossProfit
720000
CY2018Q2 us-gaap Gross Profit
GrossProfit
-111000
us-gaap Gross Profit
GrossProfit
1093000
us-gaap Gross Profit
GrossProfit
283000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-62000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-301000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
56000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
593000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-673000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
334000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
439000
CY2019Q2 us-gaap Interest Expense
InterestExpense
364000
CY2018Q2 us-gaap Interest Expense
InterestExpense
362000
us-gaap Interest Expense
InterestExpense
714000
us-gaap Interest Expense
InterestExpense
5034000
us-gaap Interest Paid Net
InterestPaidNet
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1721000
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1162000
CY2019Q2 us-gaap Inventory Net
InventoryNet
4105000
CY2018Q4 us-gaap Inventory Net
InventoryNet
3422000
CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1689000
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2102000
CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
695000
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
158000
us-gaap Inventory Write Down
InventoryWriteDown
97000
us-gaap Inventory Write Down
InventoryWriteDown
528000
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
90000
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
50000
us-gaap Investment Income Interest
InvestmentIncomeInterest
172000
us-gaap Investment Income Interest
InvestmentIncomeInterest
83000
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
106000
CY2019Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.065
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5800000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6623000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1138000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1203000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1162000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1123000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1085000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
912000
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1027000
CY2019Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P5Y
CY2019Q2 us-gaap Liabilities
Liabilities
18899000
CY2018Q4 us-gaap Liabilities
Liabilities
14239000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
28819000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
23699000
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
14355000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
14198000
CY2015Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
50000000
us-gaap Nature Of Operations
NatureOfOperations
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div> Organization</div></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">Organization, Nature of Business</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt 14.7pt;text-align:left;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">Avinger,&nbsp;Inc. (the &#x201c;Company&#x201d;), a Delaware corporation, was incorporated in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2007.</div> The Company designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral artery disease (&#x201c;PAD&#x201d;). Patients with PAD have a build-up of plaque in the arteries that supply blood to areas away from the heart, particularly the pelvis and legs. The Company manufactures and sells a suite of products in the United States (&#x201c;U.S.&#x201d;) and in select international markets. The Company has developed its Lumivascular platform, which integrates optical coherence tomography (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> &#x201c;OCT&#x201d;) </div>visualization with interventional catheters and is the industry&#x2019;s only system that provides real-time intravascular imaging during the treatment portion of PAD procedures. The Company&#x2019;s Lumivascular platform consists of a capital component, Lightbox, as well as a variety of disposable catheter products. The Company&#x2019;s current products include its non-imaging catheters, Wildcat and Kittycat, as well as its Lumivascular platform products, Ocelot, Ocelot PIXL and Ocelot MVRX, all of which are designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (&#x201c;CTO&#x201d;). In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the Company received <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">510</div>(k)&nbsp;clearance from the U.S. Food and Drug Administration (&#x201c;FDA&#x201d;) for commercialization of Pantheris, the Company&#x2019;s image-guided atherectomy system, designed to allow physicians to precisely remove arterial plaque in PAD patients. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 2018, </div>the Company also received <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">510</div>(K) clearance from the FDA for its next-generation of Pantheris. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> April 2019, </div>the Company further received FDA clearance for Pantheris SV, a lower profile Pantheris. The Company has sales in the U.S. and select international markets. The Company is located in Redwood City, California.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt 7.2pt;text-align:left;text-indent:36pt;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">Liquidity Matters</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt 14.7pt;text-align:left;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Financial Accounting Standards Board (&#x201c;FASB&#x201d;) Accounting Standards Update (&#x201c;ASU&#x201d;) <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">No.</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div>&nbsp;<div style="display: inline; font-style: italic;">Presentation of Financial Statements - Going Concern (Subtopic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">205</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">40</div>) </div>requires the Company to make certain disclosures if it concludes that there is substantial doubt about the entity&#x2019;s ability to continue as a going concern within <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> year from the date of the issuance of these financial statements.</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">In the course of its activities, the Company has incurred losses and negative cash flows from operations since its inception. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 30, 2019, </div>the Company had an accumulated deficit of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$338.6</div> million. The Company expects to incur losses for the foreseeable future. The Company believes that its cash and cash equivalents of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$14.8</div> million at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019</div> and expected revenues and funds from operations will be sufficient to allow the Company to fund its current operations through at least the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">fourth</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019.</div> Even though we received net proceeds of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$10.2</div> million from the sale of our Series C Preferred Stock and common stock in our <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> November 2018 </div>offering, net proceeds of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$15.5</div> million from the sale of our Series B preferred stock and warrants in our <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February 2018 </div>offering, proceeds from issuance of common stock upon the exercise of warrants in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">six</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 30, 2019 </div>of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$8.0</div> million and net proceeds of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3.0</div> million from the sale of common stock and warrants in our <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July 2018 </div>offering, the Company will need to raise additional funds through future equity or debt financings within the next <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">twelve</div> months to meet its operational needs and capital requirements for product development, clinical trials and commercialization and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>subsequently require additional fundraising. The Company can provide <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> assurance that it will be successful in raising funds pursuant to additional equity or debt financings or that such funds will be raised at prices that do <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> create substantial dilution for our existing stockholders. Given the recent decline in the Company&#x2019;s stock price, any financing that we undertake in the next <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">twelve</div> months could cause substantial dilution to our existing stockholders, there can be <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> assurance that the Company will be successful in acquiring additional funding at levels sufficient to fund its operations. These conditions raise substantial doubt about the Company&#x2019;s ability to continue as a going concern. If the Company is unable to raise additional capital in sufficient amounts or on terms acceptable to it, the Company <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>have to significantly reduce its operations or delay, scale back or discontinue the development of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> or more of its products. The financial statements do <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> include any adjustments that might result from the outcome of this uncertainty. The Company&#x2019;s ultimate success will largely depend on its continued development of innovative medical technologies, its ability to successfully commercialize its products and its ability to raise significant additional funding.</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">Additionally, due to the substantial doubt about the Company&#x2019;s ability to continue operating as a going concern and the material adverse change clause in the Loan Agreement with CRG, the entire amount of borrowings at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div> has been classified as current in these financial statements. CRG has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> invoked the material adverse change clause.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt 14.7pt;text-align:left;text-indent:36pt;">&nbsp;</div><div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">Public Offerings</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt 14.7pt;text-align:left;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">On <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018,</div> we completed a public offering of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">17,979</div> shares of Series&nbsp;B preferred stock and warrants to purchase <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,797,900</div> shares of common stock. As a result, we received net proceeds of approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$15.5</div> million after underwriting discounts, commissions, legal and accounting fees. The Series&nbsp;B preferred stock has a liquidation preference of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.001</div> per share, full ratchet price based anti-dilution protection, has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> voting rights and is subject to certain ownership limitations. The Series&nbsp;B preferred stock is immediately convertible at the option of the holder, has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> stated maturity, and does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> pay regularly stated dividends or interest. Each share of Series&nbsp;B preferred stock is accompanied by <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> Series&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div> warrant that expires on the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">seventh</div> anniversary of the date of issuance to purchase up to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">50</div> shares of common stock and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> Series&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div> warrant that expires on the earlier of (i)&nbsp;the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">seventh</div> anniversary of the date of issuance or (ii)&nbsp;the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">60th</div> calendar day following the receipt and announcement of FDA clearance of our Pantheris below-the-knee device (or the same or similar product with a different name) to purchase up to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">50</div> shares of common stock; provided, however, if at any time during such <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">60</div>-day period the volume weighted average price for any trading day is less than the then effective exercise price, the termination date shall be extended to the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">seven</div> year anniversary of the initial exercise date. In addition, pursuant to the Series&nbsp;A Purchase Agreement, we issued to CRG <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">41,800</div> shares of Series&nbsp;A preferred stock at the closing of the Series&nbsp;B Offering. The Series&nbsp;A preferred stock was issued in exchange for the conversion of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$38.0</div> million of the outstanding principal amount of their senior secured term loan (plus the back-end fee and prepayment premium applicable thereto), totaling approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$41.8</div> million. The Series&nbsp;A Preferred Stock is initially convertible into <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,090,000</div> shares of common stock subject to certain limitations contained in the Series&nbsp;A Purchase Agreement.</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">On <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018,</div> we entered into a securities purchase agreement with certain investors pursuant to which we agreed to sell and issue, in a registered direct offering, an aggregate of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">216,618</div> shares of our common stock at an offering price of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$16.425</div> per share. In a concurrent private placement, or the Private Placement, we agreed to issue to these investors warrants exercisable for <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> share of our common stock for each <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">two</div> shares purchased in the registered direct offering, which equals an aggregate of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">108,309</div> shares of common stock. The closing of such registered direct offering and the concurrent Private Placement occurred on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018,</div> in connection with which we received net proceeds of approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3.0</div> million after deducting placement agent fees and other expenses payable by us and the conversion price of the outstanding shares of Series&nbsp;B preferred stock, issued in our <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February 2018 </div>offering, was reduced to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1.58</div> per share as a result. The warrants have an exercise price of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$15.80</div> per share of our common stock and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>be exercised from time to time beginning on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">17,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019</div> and expire on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2021.</div></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">On <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> November 1, 2018, </div>we completed a public offering of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">728,500</div><div style="display: inline; text-decoration: underline;"> </div>shares of common stock and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8,586</div> shares of Series C convertible preferred stock (the &#x201c;Series C preferred stock&#x201d;). As a result, we received net proceeds of approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$10.2</div> million after underwriting discounts, commissions, legal and accounting fees. Upon any dissolution, liquidation or winding up, whether voluntary or involuntary, holders of Series C preferred stock will be entitled to receive distributions out of our assets, whether capital or surplus, of an amount equal to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.001</div> per share of Series C preferred stock before any distributions shall be made on the common stock but after distributions shall be made on any outstanding Series A preferred stock and any of our existing or future indebtedness. The Series C preferred stock has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> voting rights.</div></div>
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8029000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16226000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-70000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-125000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11346000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-4651000
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
45671
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
764000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
635000
CY2019Q2 us-gaap Prepaid Rent
PrepaidRent
179000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9615000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-5799000
us-gaap Net Income Loss
NetIncomeLoss
-9706000
us-gaap Net Income Loss
NetIncomeLoss
-16080000
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5546000
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6635000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11496000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-22542000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
5426000
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
5603000
us-gaap Operating Expenses
OperatingExpenses
10826000
us-gaap Operating Expenses
OperatingExpenses
11880000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-4706000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-5714000
us-gaap Operating Income Loss
OperatingIncomeLoss
-9733000
us-gaap Operating Income Loss
OperatingIncomeLoss
-11597000
CY2019Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
314000
CY2018Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
480000
us-gaap Operating Lease Expense
OperatingLeaseExpense
806000
us-gaap Operating Lease Expense
OperatingLeaseExpense
960000
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6000000
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
5596000
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1063000
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4533000
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6000000
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5596000
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
384000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41000
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
329000
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
227000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
569000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
468000
us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
155000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
88000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
125000
CY2019Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
895000
CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
836000
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1790000
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1246000
CY2019Q2 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
46535000
CY2018Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
44718000
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
44923
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
45671
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
44923
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
18000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
7993000
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
581000
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
272000
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
215000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
36000
us-gaap Profit Loss
ProfitLoss
-9706000
us-gaap Profit Loss
ProfitLoss
-16080000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2006000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2078000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
45000
CY2019Q2 us-gaap Purchase Obligation
PurchaseObligation
1900000
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1335000
CY2018Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1159000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2749000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2936000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-338591000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-328885000
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2319000
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2058000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4159000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3867000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4680000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2019Q2 us-gaap Share Price
SharePrice
3.03
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y109D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y255D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y109D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y109D
CY2019Q2 us-gaap Secured Debt Current
SecuredDebtCurrent
8201000
CY2018Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
7486000
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4091000
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4444000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8077000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8944000
us-gaap Share Based Compensation
ShareBasedCompensation
1009000
us-gaap Share Based Compensation
ShareBasedCompensation
1260000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7193000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1318.21
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
371000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
103000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7954000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7480000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1707.30
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1340.79
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
7480000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
1340.79
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
2863.83
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1876.54
us-gaap Stock Issued1
StockIssued1
2918000
us-gaap Stock Issued1
StockIssued1
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
18000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
36000
CY2018Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
106000
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
106000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
337000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
11903000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
6592000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
13279000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
9920000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-35690000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
9460000
us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">Use of Estimates</div></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">The preparation of financial statements in conformity with U.S.&nbsp;GAAP requires management to make estimates and assumptions that affect the amounts and disclosures reported in the financial statements. Management uses significant judgment when making estimates related to its common stock valuation and related stock-based compensation, the valuation of the common stock warrants, the valuation of compound embedded derivatives, provisions for doubtful accounts receivable and excess and obsolete inventories, clinical trial accruals, and its reserves for sales returns and warranty costs. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> readily apparent from other sources. Although these estimates are based on the Company&#x2019;s knowledge of current events and actions it <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>undertake in the future, actual results <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>ultimately materially differ from these estimates and assumptions.</div></div></div>
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6377000
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
675000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5319000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
435000
CY2018 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
0
us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
0

Files In Submission

Name View Source Status
0001437749-19-016045-index-headers.html Edgar Link pending
0001437749-19-016045-index.html Edgar Link pending
0001437749-19-016045.txt Edgar Link pending
0001437749-19-016045-xbrl.zip Edgar Link pending
avgr-20190630.xml Edgar Link completed
avgr-20190630.xsd Edgar Link pending
avgr-20190630_cal.xml Edgar Link unprocessable
avgr-20190630_def.xml Edgar Link unprocessable
avgr-20190630_lab.xml Edgar Link unprocessable
avgr-20190630_pre.xml Edgar Link unprocessable
avgr20190630_10q.htm Edgar Link pending
ex_151830.htm Edgar Link pending
ex_151831.htm Edgar Link pending
ex_151832.htm Edgar Link pending
ex_153948.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending