2021 Q3 Form 10-Q Financial Statement

#000143774921019333 Filed on August 10, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q2
Revenue $2.366M $2.802M $1.466M
YoY Change 2.78% 91.13% -36.78%
Cost Of Revenue $1.566M $1.784M $1.107M
YoY Change 2.69% 61.16% -30.77%
Gross Profit $800.0K $1.018M $359.0K
YoY Change 2.96% 183.57% -50.14%
Gross Profit Margin 33.81% 36.33% 24.49%
Selling, General & Admin $3.892M $3.918M $2.654M
YoY Change 12.45% 47.63% -35.13%
% of Gross Profit 486.5% 384.87% 739.28%
Research & Development $1.397M $1.507M $1.297M
YoY Change -1.41% 16.19% -2.85%
% of Gross Profit 174.63% 148.04% 361.28%
Depreciation & Amortization $158.0K $177.0K $220.0K
YoY Change -31.3% -19.55% -4.35%
% of Gross Profit 19.75% 17.39% 61.28%
Operating Expenses $5.289M $5.425M $3.951M
YoY Change 8.43% 37.31% -27.18%
Operating Profit -$4.489M -$4.407M -$3.592M
YoY Change 9.46% 22.69% -23.67%
Interest Expense $419.0K $399.0K $414.0K
YoY Change -3.23% -3.62% 13.74%
% of Operating Profit
Other Income/Expense, Net -$4.000K $2.354M $4.000K
YoY Change -150.0% 58750.0% -98.78%
Pretax Income -$4.912M -$2.452M -$4.000M
YoY Change 8.43% -38.7% -13.98%
Income Tax
% Of Pretax Income
Net Earnings -$4.912M -$2.452M -$4.000M
YoY Change 8.55% -38.7% -14.0%
Net Earnings / Revenue -207.61% -87.51% -272.85%
Basic Earnings Per Share -$1.25 -$0.73
Diluted Earnings Per Share -$1.030M -$514.3K -$146.5K
COMMON SHARES
Basic Shares Outstanding 95.35M 4.768M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.08M $26.70M $16.55M
YoY Change -8.89% 61.33% 12.2%
Cash & Equivalents $23.10M $26.70M $16.55M
Short-Term Investments
Other Short-Term Assets $668.0K $1.112M $900.0K
YoY Change 28.46% 23.56% 18.42%
Inventory $4.519M $4.118M $4.157M
Prepaid Expenses
Receivables $1.400M $1.788M $1.076M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $29.67M $33.72M $22.68M
YoY Change -4.87% 48.66% 8.88%
LONG-TERM ASSETS
Property, Plant & Equipment $213.0K $355.0K $1.140M
YoY Change -77.39% -68.86% -43.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $452.0K $486.0K $594.0K
YoY Change -17.82% -18.18% 54.69%
Total Long-Term Assets $4.073M $4.471M $6.202M
YoY Change -29.3% -27.91% -22.34%
TOTAL ASSETS
Total Short-Term Assets $29.67M $33.72M $22.68M
Total Long-Term Assets $4.073M $4.471M $6.202M
Total Assets $33.74M $38.19M $28.88M
YoY Change -8.68% 32.22% 0.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.178M $1.037M $924.0K
YoY Change 86.39% 12.23% -14.92%
Accrued Expenses $791.0K $764.0K $730.0K
YoY Change 15.81% 4.66% -5.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $10.81M
YoY Change -100.0% -100.0% 31.83%
Total Short-Term Liabilities $7.439M $6.490M $16.31M
YoY Change -58.88% -60.21% 13.63%
LONG-TERM LIABILITIES
Long-Term Debt $11.85M $11.43M $1.300M
YoY Change 1202.53% 779.54%
Other Long-Term Liabilities $431.0K $287.0K $19.00K
YoY Change 4688.89% 1410.53% 72.73%
Total Long-Term Liabilities $431.0K $287.0K $19.00K
YoY Change 4688.89% 1410.53% 72.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.439M $6.490M $16.31M
Total Long-Term Liabilities $431.0K $287.0K $19.00K
Total Liabilities $22.17M $20.91M $21.34M
YoY Change -1.42% -2.01% 12.89%
SHAREHOLDERS EQUITY
Retained Earnings -$379.8M -$374.8M -$358.2M
YoY Change 4.71% 4.64% 5.79%
Common Stock $391.3M $392.1M $365.7M
YoY Change 3.75% 7.22% 4.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.57M $17.28M $7.549M
YoY Change
Total Liabilities & Shareholders Equity $33.74M $38.19M $28.88M
YoY Change -8.68% 32.22% 0.23%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$4.912M -$2.452M -$4.000M
YoY Change 8.55% -38.7% -14.0%
Depreciation, Depletion And Amortization $158.0K $177.0K $220.0K
YoY Change -31.3% -19.55% -4.35%
Cash From Operating Activities -$3.622M -$3.744M -$3.430M
YoY Change 10.76% 9.15% -5.25%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$8.000K $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 -$8.000K $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 -3.000K 10.11M
YoY Change -100.0% -100.03% 505.39%
NET CHANGE
Cash From Operating Activities -3.622M -3.744M -3.430M
Cash From Investing Activities 0.000 -8.000K 0.000
Cash From Financing Activities 0.000 -3.000K 10.11M
Net Change In Cash -3.622M -3.755M 6.680M
YoY Change -141.25% -156.21% -442.56%
FREE CASH FLOW
Cash From Operating Activities -$3.622M -$3.744M -$3.430M
Capital Expenditures $0.00 -$8.000K $0.00
Free Cash Flow -$3.622M -$3.736M -$3.430M
YoY Change 8.92% -4.99%

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us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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4515000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Inventory Write Down
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253000 USD
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314000 USD
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241000 USD
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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532000 USD
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IncreaseDecreaseInOtherNoncurrentAssets
44000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-4000 USD
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343000 USD
us-gaap Increase Decrease In Accounts Payable
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261000 USD
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-36000 USD
us-gaap Increase Decrease In Employee Related Liabilities
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95000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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76000 USD
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287000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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10000 USD
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 USD
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us-gaap Proceeds From Issuance Of Debt
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10943000 USD
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
26700000 USD
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16550000 USD
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avgr Accretion Of Preferred Stock Dividends
AccretionOfPreferredStockDividends
1934000 USD
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avgr Reclassification Of Right Of Use Asset To Prepaid Rent
ReclassificationOfRightOfUseAssetToPrepaidRent
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us-gaap Nature Of Operations
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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b/></p><p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"/> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b><em style="font: inherit;">1.</em> Organization</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Organization, Nature of Business</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Avinger, Inc. (the “Company”), a Delaware corporation, was incorporated in <em style="font: inherit;"> March </em><em style="font: inherit;">2007.</em> The Company designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral artery disease (“PAD”). 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 (“U.S.”) and in select international markets. The Company has developed its Lumivascular platform, which integrates optical coherence tomography (<em style="font: inherit;"> “OCT”) </em>visualization with interventional catheters and is the industry’s only system that provides real-time intravascular imaging during the treatment portion of PAD procedures. The Company’s Lumivascular platform consists of a capital component, our Lightbox console, as well as a variety of disposable catheter products. The Company’s current catheter products include its non-imaging catheters, Wildcat and <em style="font: inherit;">Kittycat2,</em> as well as its Lumivascular platform products, Ocelot, Ocelot PIXL, Ocelot MVRX and Tigereye, all of which are designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (“CTO”). The Company also has image-guided atherectomy solutions under its suite of Lumivascular products, Pantheris and Pantheris SV, which are designed to allow physicians to precisely remove arterial plaque in PAD patients. The Company is located in Redwood City, California.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Liquidity Matters</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; 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 <em style="font: inherit;"> June 30, 2021, </em>the Company had an accumulated deficit of $374.8 million. The Company expects to incur losses for the foreseeable future. The Company believes that its cash and cash equivalents of $26.7 million at <em style="font: inherit;"> June 30, 2021 </em>and expected revenues and funds from operations will be sufficient to allow the Company to fund its current operations through <em style="font: inherit;">2022.</em> The Company received net proceeds of approximately $3.9 million from the sale of its common stock in its <em style="font: inherit;"> January 2020 </em>offering, $2.3 million of loan proceeds in <em style="font: inherit;"> April 2020 </em>pursuant to the Paycheck Protection Program (“PPP”) under the Coronavirus Aid, Relief and Economic Security (“CARES”) Act, $3.0 million from the sale of its common stock in <em style="font: inherit;"> April </em>and <em style="font: inherit;"> May 2020, </em>$5.5 million from the sale of its common stock in <em style="font: inherit;"> June </em>and <em style="font: inherit;"> July 2020, </em>$11.3 million from the sale of its common stock in <em style="font: inherit;"> August </em>and <em style="font: inherit;"> September 2020, </em>and approximately $13.1 million from the sale of its common stock in <em style="font: inherit;"> February 2021. </em>The Company does <em style="font: inherit;">not</em> have any immediate plans to raise additional funds through future equity or debt financings. However, the Company <em style="font: inherit;"> may </em>decide to raise additional funds to meet its operational needs and capital requirements for product development, clinical trials and commercialization or other strategic objectives.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">The Company can provide <em style="font: inherit;">no</em> 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 <em style="font: inherit;">not</em> create substantial dilution for its existing stockholders. Given the volatility in the Company’s stock price, any financing that it <em style="font: inherit;"> may </em>undertake in the next <em style="font: inherit;">twelve</em> months could cause substantial dilution to its existing stockholders, there can be <em style="font: inherit;">no</em> assurance that the Company will be successful in acquiring additional funding at levels sufficient to fund its various endeavors. In addition, the COVID-<em style="font: inherit;">19</em> pandemic and responses thereto have resulted in reduced consumer and investor confidence, instability in the credit and financial markets, volatile corporate profits, restrictions on elective medical procedures, and reduced business and consumer spending, which could increase the cost of capital and/or limit the availability of capital to the Company. During the <em style="font: inherit;">second</em> quarter of <em style="font: inherit;">2020</em> the Company took certain actions to manage available cash and other resources to mitigate the effects of COVID-<em style="font: inherit;">19</em> on its business, which included reduction of discretionary costs, reduction of base salaries for all of its non-manufacturing employees by 20% and reduction of hours worked by its manufacturing workers by 20%. Salaries and hours worked largely returned to prior levels by <em style="font: inherit;"> July 2020.</em></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">If the Company is unable to raise additional capital in sufficient amounts or on terms acceptable to it, the Company <em style="font: inherit;"> may </em>have to significantly reduce its operations or delay, scale back or discontinue the development of <em style="font: inherit;">one</em> or more of its products. The financial statements do <em style="font: inherit;">not</em> include any adjustments that might result from the outcome of this uncertainty. The Company’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. </p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Public Offerings</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> January 31, 2020, </em>the Company completed a public offering of 6,428,572 shares of common stock at an offering price of $0.70 per share. As a result, the Company received net proceeds of approximately $3.9 million after underwriting discounts, commissions, legal and accounting fees, and other ancillary expenses. Due to anti-dilution provisions, the conversion price of the outstanding shares of Series B preferred stock, which was issued in our <em style="font: inherit;"> February 2018 </em>offering, was reduced to <em style="font: inherit;">$0.70</em> per share.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> April 30, 2020, </em>the Company completed a public offering of 12,600,000 shares of common stock at an offering price of $0.25 per share. On <em style="font: inherit;"> May 6, 2020 </em>the Company issued an additional 1,890,000 shares of common stock at the same offering price pursuant to the exercise in full of the underwriter’s over-allotment option in connection with the aforementioned offering. As a result, the Company received aggregate net proceeds of approximately $3.0 million after underwriting discounts, commissions, legal and accounting fees, and other ancillary expenses. Due to anti-dilution provisions, the conversion price of the outstanding shares of Series B preferred stock, which was issued in our <em style="font: inherit;"> February 2018 </em>offering, was reduced to <em style="font: inherit;">$0.25</em> per share.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> June 26, 2020, </em>the Company completed a public offering of 20,000,000 shares of common stock at an offering price of $0.27 per share. On <em style="font: inherit;"> July 9, 2020 </em>the Company issued an additional 3,000,000 shares of common stock at the same offering price pursuant to the exercise in full of the underwriter’s over-allotment option in connection with the aforementioned offering resulting in $0.7 million of additional net proceeds. As a result, the Company received aggregate net proceeds of approximately $5.5 million including the overallotment option and after underwriting discounts, commissions, legal and accounting fees, and other ancillary expenses.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> August 6, 2020, </em>under the Shelf Registration Statement, the Company completed a public offering of 15,789,474 shares of common stock at an offering price of $0.38 per share. On <em style="font: inherit;"> August 11, 2020 </em>the Company issued an additional 2,368,421 shares of common stock at the same offering price pursuant to the exercise in full of the underwriter’s over-allotment option in connection with the aforementioned offering. As a result, the Company received aggregate net proceeds of approximately $6.2 million after underwriting discounts, commissions, legal and accounting fees, and other ancillary expenses.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> August 25, 2020, </em>under the Shelf Registration Statement, the Company completed a public offering of 11,063,830 shares of common stock at an offering price of $0.47 per share. On <em style="font: inherit;"> September 1, 2020 </em>the Company issued an additional 1,000,000 shares of common stock at the same offering price pursuant to the exercise in full of the underwriter’s over-allotment option in connection with the aforementioned offering. As a result, the Company received aggregate net proceeds of approximately $5.1 million after underwriting discounts, commissions, legal and accounting fees, and other ancillary expenses.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> February 2, 2021, </em>under the Shelf Registration Statement, the Company completed a bought deal offering of 10,000,000 shares of common stock at an offering price of $1.44 per share. As a result, the Company received aggregate net proceeds of approximately $13.1 million after underwriting discounts, commissions, legal and accounting fees, and other ancillary expenses.</p>
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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Use of Estimates</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">The preparation of financial statements in conformity with U.S. 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 stock-based compensation, accruals related to compensation, the valuation of the common stock warrants, 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 <em style="font: inherit;">not</em> readily apparent from other sources. Although these estimates are based on the Company’s knowledge of current events and actions it <em style="font: inherit;"> may </em>undertake in the future, actual results <em style="font: inherit;"> may </em>ultimately materially differ from these estimates and assumptions.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
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avgr Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
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avgr Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
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CY2021Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
2753999
CY2020Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
2753999
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6821000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1241.59
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M21D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
134000
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
2546690
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6687000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1215.43
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y4M24D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6687000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1215.43
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y4M24D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
6687000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
1215.43
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y4M24D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2021Q2 us-gaap Share Price
SharePrice
1.23
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
776000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
303000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
325000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
721000 USD

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