2022 Q1 Form 10-Q Financial Statement
#000143774922011776 Filed on May 10, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $1.888M | $2.559M |
YoY Change | -26.22% | 13.18% |
Cost Of Revenue | $1.364M | $1.665M |
YoY Change | -18.08% | -5.4% |
Gross Profit | $524.0K | $894.0K |
YoY Change | -41.39% | 78.44% |
Gross Profit Margin | 27.75% | 34.94% |
Selling, General & Admin | $4.148M | $3.945M |
YoY Change | 5.15% | -10.05% |
% of Gross Profit | 791.6% | 441.28% |
Research & Development | $1.072M | $1.598M |
YoY Change | -32.92% | 0.25% |
% of Gross Profit | 204.58% | 178.75% |
Depreciation & Amortization | $15.00K | $194.0K |
YoY Change | -92.27% | -13.78% |
% of Gross Profit | 2.86% | 21.7% |
Operating Expenses | $5.220M | $5.543M |
YoY Change | -5.83% | -7.31% |
Operating Profit | -$4.696M | -$4.649M |
YoY Change | 1.01% | -15.15% |
Interest Expense | $439.0K | $396.0K |
YoY Change | 10.86% | -0.5% |
% of Operating Profit | ||
Other Income/Expense, Net | -$5.000K | -$7.000K |
YoY Change | -28.57% | 75.0% |
Pretax Income | -$5.140M | -$5.050M |
YoY Change | 1.78% | -13.68% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$5.140M | -$5.052M |
YoY Change | 1.74% | -13.66% |
Net Earnings / Revenue | -272.25% | -197.42% |
Basic Earnings Per Share | -$2.33 | -$1.33 |
Diluted Earnings Per Share | -$1.051M | -$55.23K |
COMMON SHARES | ||
Basic Shares Outstanding | 4.889M | 4.572M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $20.01M | $30.45M |
YoY Change | -34.3% | 208.82% |
Cash & Equivalents | $20.00M | $30.45M |
Short-Term Investments | ||
Other Short-Term Assets | $1.315M | $1.320M |
YoY Change | -0.38% | 29.41% |
Inventory | $5.350M | $3.936M |
Prepaid Expenses | ||
Receivables | $1.365M | $1.531M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $28.04M | $37.23M |
YoY Change | -24.7% | 131.07% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $230.0K | $552.0K |
YoY Change | -58.33% | -60.2% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $406.0K | $476.0K |
YoY Change | -14.71% | -25.27% |
Total Long-Term Assets | $3.576M | $4.876M |
YoY Change | -26.66% | -27.08% |
TOTAL ASSETS | ||
Total Short-Term Assets | $28.04M | $37.23M |
Total Long-Term Assets | $3.576M | $4.876M |
Total Assets | $31.61M | $42.11M |
YoY Change | -24.93% | 84.69% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.172M | $786.0K |
YoY Change | 49.11% | -43.25% |
Accrued Expenses | $816.0K | $856.0K |
YoY Change | -4.67% | 23.17% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $2.070M | |
YoY Change | -77.91% | |
Total Short-Term Liabilities | $6.007M | $7.235M |
YoY Change | -16.97% | -49.97% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $12.73M | $11.32M |
YoY Change | 12.43% | |
Other Long-Term Liabilities | $719.0K | $144.0K |
YoY Change | 399.31% | 1340.0% |
Total Long-Term Liabilities | $719.0K | $144.0K |
YoY Change | 399.31% | 1340.0% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $6.007M | $7.235M |
Total Long-Term Liabilities | $719.0K | $144.0K |
Total Liabilities | $21.38M | $21.63M |
YoY Change | -1.16% | 17.63% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$389.9M | -$372.4M |
YoY Change | 4.7% | 5.14% |
Common Stock | $400.1M | $392.9M |
YoY Change | 1.85% | 9.56% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $10.23M | $20.48M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $31.61M | $42.11M |
YoY Change | -24.93% | 84.69% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$5.140M | -$5.052M |
YoY Change | 1.74% | -13.66% |
Depreciation, Depletion And Amortization | $15.00K | $194.0K |
YoY Change | -92.27% | -13.78% |
Cash From Operating Activities | -$6.181M | -$4.803M |
YoY Change | 28.69% | -3.36% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $31.00K | $11.00K |
YoY Change | 181.82% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$31.00K | -$11.00K |
YoY Change | 181.82% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $6.721M | $13.08M |
YoY Change | -48.6% | 236.26% |
NET CHANGE | ||
Cash From Operating Activities | -$6.181M | -$4.803M |
Cash From Investing Activities | -$31.00K | -$11.00K |
Cash From Financing Activities | $6.721M | $13.08M |
Net Change In Cash | $509.0K | $8.263M |
YoY Change | -93.84% | -864.38% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$6.181M | -$4.803M |
Capital Expenditures | $31.00K | $11.00K |
Free Cash Flow | -$6.212M | -$4.814M |
YoY Change | 29.04% | -3.14% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
314000 | USD |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2022Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5454849 | |
CY2022Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5454849 | |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
4778263 | |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
4778263 | |
CY2022Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
58851 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
56451 | |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
20006000 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
19497000 | USD |
CY2022Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | pure |
CY2022Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
5679849 | |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
6000 | USD |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
6000 | USD |
CY2022Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2022Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2022Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
58851 | |
CY2022Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
58851 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
56451 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
56451 | |
CY2022Q1 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
56366000 | USD |
CY2021Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
56366000 | USD |
CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1394000 | USD |
CY2022Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1365000 | USD |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1393000 | USD |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
5350000 | USD |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
4601000 | USD |
CY2022Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1315000 | USD |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
300000 | USD |
CY2022Q1 | us-gaap |
Assets Current
AssetsCurrent
|
28036000 | USD |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
25791000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2940000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3179000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
230000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
95000 | USD |
CY2022Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
406000 | USD |
CY2021Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
420000 | USD |
CY2022Q1 | us-gaap |
Assets
Assets
|
31612000 | USD |
CY2021Q4 | us-gaap |
Assets
Assets
|
29485000 | USD |
CY2022Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1172000 | USD |
CY2022Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1881000 | USD |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1609000 | USD |
CY2021Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
1044000 | USD |
CY2022Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
1127000 | USD |
CY2021Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
0 | USD |
CY2022Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
816000 | USD |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
718000 | USD |
CY2022Q1 | us-gaap |
Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
|
5111000 | USD |
CY2021Q1 | us-gaap |
Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
|
-0 | USD |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11378000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6096000 | USD |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.33 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.33 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4889000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4572000 | |
CY2021Q1 | us-gaap |
Interest Expense
InterestExpense
|
396000 | USD |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-5000 | USD |
CY2021Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-7000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5140000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5052000 | USD |
CY2022Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
1127000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1011000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
985000 | USD |
CY2022Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6007000 | USD |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4706000 | USD |
CY2022Q1 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
12727000 | USD |
CY2021Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
12287000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1929000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2194000 | USD |
CY2022Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
719000 | USD |
CY2021Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
575000 | USD |
CY2022Q1 | us-gaap |
Liabilities
Liabilities
|
21382000 | USD |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
19762000 | USD |
CY2022Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2022Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
5000 | USD |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
96000 | USD |
CY2022Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
400118000 | USD |
CY2021Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
394380000 | USD |
CY2022Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-389893000 | USD |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-384753000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10230000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9723000 | USD |
CY2022Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
31612000 | USD |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
29485000 | USD |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1888000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2559000 | USD |
CY2022Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1364000 | USD |
CY2021Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1665000 | USD |
CY2022Q1 | us-gaap |
Gross Profit
GrossProfit
|
524000 | USD |
CY2021Q1 | us-gaap |
Gross Profit
GrossProfit
|
894000 | USD |
CY2022Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1072000 | USD |
CY2021Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1598000 | USD |
CY2022Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
4148000 | USD |
CY2021Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3945000 | USD |
CY2022Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
5220000 | USD |
CY2021Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
5543000 | USD |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4696000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4649000 | USD |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
439000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
1044000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13076000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
13077000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
418000 | USD |
CY2021Q1 | avgr |
Transfers Between Inventory And Property And Equipment
TransfersBetweenInventoryAndPropertyAndEquipment
|
0 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5052000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
144000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
144000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6181000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4803000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20475000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9723000 | USD |
CY2022Q1 | avgr |
Stock Issued During Period Value Reverse Stock Split Fractional Shares
StockIssuedDuringPeriodValueReverseStockSplitFractionalShares
|
0 | USD |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
52000 | USD |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
1127000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5140000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10230000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5140000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5052000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
15000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
194000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
21000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
28000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
52000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
418000 | USD |
CY2022Q1 | avgr |
Noncash Interest Expense Income And Other Charges Net
NoncashInterestExpenseIncomeAndOtherChargesNet
|
419000 | USD |
CY2021Q1 | avgr |
Noncash Interest Expense Income And Other Charges Net
NoncashInterestExpenseIncomeAndOtherChargesNet
|
370000 | USD |
CY2022Q1 | avgr |
Change In Rightofuse Asset
ChangeInRightofuseAsset
|
24000 | USD |
CY2021Q1 | avgr |
Change In Rightofuse Asset
ChangeInRightofuseAsset
|
34000 | USD |
CY2022Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
8000 | USD |
CY2021Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
7000 | USD |
CY2022Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-1000 | USD |
CY2021Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-28000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
49000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
875000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
67000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1015000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
968000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
10000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-0 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-223000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
84000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
272000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-135000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
98000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
187000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-11000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6721000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13077000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
509000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
8263000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
19497000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
22185000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
20006000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
30448000 | USD |
CY2021Q1 | avgr |
Reclassification Of Right Of Use Asset To Prepaid Rent
ReclassificationOfRightOfUseAssetToPrepaidRent
|
-34000 | USD |
CY2022Q1 | avgr |
Reclassification Of Right Of Use Asset To Prepaid Rent
ReclassificationOfRightOfUseAssetToPrepaidRent
|
-24000 | USD |
CY2022Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<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 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 consoles, as well as a variety of disposable catheter products. The Company’s current catheter products include Ocelot and Tigereye, 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 products, Pantheris and Pantheris SV, which are designed to allow physicians to precisely remove arterial plaque in PAD patients. The Company is in the process of developing next-generation CTO crossing devices to target coronary CTO markets. 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;"> March 31, 2022, </em>the Company had an accumulated deficit of $389.9 million. The Company expects to incur losses for the foreseeable future. The Company believes that its cash and cash equivalents of $20.0 million at <em style="font: inherit;"> March 31, 2022 </em>and expected revenues and funds from operations will be sufficient to allow the Company to fund its current operations into the <em style="font: inherit;">second</em> quarter of <em style="font: inherit;">2023.</em> The Company received net proceeds of approximately $6.7 million net proceeds from the <em style="font: inherit;"> January 2022 </em>Series D preferred stock equity financing and $13.0 million from the sale of its common stock in <em style="font: inherit;"> February 2021. </em>The Company <em style="font: inherit;"> may </em>decide to raise additional funds in future equity offerings to meet its operational needs and capital requirements for product development, clinical trials and commercialization or other strategic objectives.</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 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 the Company <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, and 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.</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;">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 and sale 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; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> September 22, 2021, </em>the Company received a letter from Nasdaq’s Listing Qualifications Department notifying it that it was <em style="font: inherit;">not</em> in compliance with Nasdaq Listing Rule <em style="font: inherit;">5550</em>(a)(<em style="font: inherit;">2</em>), as the minimum bid price for its listed securities was less than <em style="font: inherit;">$1</em> for the previous <em style="font: inherit;">30</em> consecutive business days. The Company had a period of <em style="font: inherit;">180</em> calendar days, or until <em style="font: inherit;"> March 21, 2022, </em>to regain compliance with the rule referred to in this paragraph. The Company did <em style="font: inherit;">not</em> regain compliance with the minimum bid price requirement by <em style="font: inherit;"> March 21, 2022. </em>In accordance with Nasdaq Listing Rule <em style="font: inherit;">5810</em>(c)(<em style="font: inherit;">3</em>)(A), the Company provided written notice to Nasdaq of its intent to cure the deficiency and, on <em style="font: inherit;"> March 22, 2022, </em>the Company received notice that Nasdaq granted the Company an additional <em style="font: inherit;">180</em> calendar days, or until <em style="font: inherit;"> September 19, 2022, </em>to regain compliance.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 9pt;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;"> March 29, 2022, </em>the Company received a letter from Nasdaq notifying the Company that the Staff had determined that the closing bid price of the Company’s common stock had been at <em style="font: inherit;">$1.00</em> per share or greater for at least <em style="font: inherit;">10</em> consecutive business days and, accordingly, that the Company had regained compliance with the minimum bid price requirement for continued listing on the Nasdaq Stock Market and that the matter is now closed. While the Company has regained compliance with the minimum bid price requirement, there can be <em style="font: inherit;">no</em> assurance that the Company will be able to maintain compliance with the minimum bid price requirement in the future.</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; margin: 0pt;"><i>Past Offerings</i></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;"> February 2, 2021, </em>under the shelf registration statement, the Company completed a bought deal offering of 500,000 shares of common stock at an offering price of $28.80 per share. As a result, the Company received aggregate net proceeds of approximately $13.0 million after underwriting discounts, commissions, legal and accounting fees, and other ancillary expenses.</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;"><i><em style="font: inherit;"> January 2022 </em>Offering</i></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 14, 2022, </em>the Company entered into a securities purchase agreement with several institutional investors pursuant to which the Company agreed to sell and issue, in a registered direct offering (<em style="font: inherit;"> “January 2022 </em>Offering”), an aggregate of 7,600 shares of the Company’s Series D Convertible Preferred Stock, par value of $0.001 per share, at an offering price of $1,000 per share which is convertible into common stock at a conversion price of $8.00 per share. Concurrently, the Company agreed to issue to these investors warrants to purchase up to an aggregate of 807,500 shares of the Company’s common stock (the “Common Warrants”). As a result, the Company received aggregate net proceeds of approximately $6.7 million after underwriting discounts, commissions, legal and accounting fees, and other ancillary expenses.</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 connection with the <em style="font: inherit;"> January 2022 </em>Offering and in accordance with the securities purchase agreement, the Company held a special meeting of stockholders on <em style="font: inherit;"> March 11, 2022 </em>to consider a proposal (the “Proposal”) to amend the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”) to effect a reverse split of the outstanding shares of the Company’s common stock at a ratio between <em style="font: inherit;">1</em>-for-5 and <em style="font: inherit;">1</em>-for-20 (the “Reverse Split Amendment”). The Company’s stockholders approved the Reverse Split Amendment at the special meeting. On <em style="font: inherit;"> March 11, 2022, </em>following receipt of stockholder approval, the Company’s Board of Directors approved a reverse split ratio of <em style="font: inherit;">1</em>-for-20 and the Company filed an amendment to the Company’s Charter to effect such reverse stock split, effective as of <em style="font: inherit;">5:00</em> pm Eastern Time on <em style="font: inherit;"> March 14, 2022.</em></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;">Pursuant to the purchase agreement, the Company filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of Delaware designating the rights, preferences and limitations of the shares of Series D preferred stock, which became effective on <em style="font: inherit;"> January 14, 2022. </em>The Certificate of Designation provided, in particular, that the Series D preferred stock will have <em style="font: inherit;">no</em> voting rights, other than the right to vote as a class on certain matters, except that each share of Series D preferred stock had the right to cast 37,500 votes per share of Series D preferred stock on the Proposal (the “Supermajority Voting Rights”); provided, that the votes cast by the holders of the Series D preferred stock must be counted in the same proportion as the aggregate shares of common stock voted on the Proposal. Because the Proposal was approved by our stockholders at the special meeting held on <em style="font: inherit;"> March 11, 2022, </em>the Series D preferred stock <em style="font: inherit;">no</em> longer has Supermajority Voting Rights.</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 holders of the Series D preferred stock are entitled to dividends, on an as-if converted basis, equal to dividends actually paid, if any, on shares of Common Stock. The Series D preferred stock is convertible into shares of common stock at a conversion price of $8.00 per share, as adjusted for the most recent reverse stock split. The conversion price can be adjusted pursuant to the Certificate of Designation for stock dividends and stock splits, subsequent rights offerings, pro rata distributions of dividends or the occurrence of a fundamental transaction (as defined in the Certificate of Designation). The Series D preferred stock can be converted at the option of the holders at any time. In addition, subject to the satisfaction of certain conditions, the Company <em style="font: inherit;"> may </em>cause the holders of the Series D preferred stock to convert their shares of Series D preferred stock; provided, that shares of Series D preferred stock cannot be converted to common stock if the applicable holder would beneficially own in excess of <em style="font: inherit;">4.99%</em> (or, upon election by such holder prior to the issuance of any shares of Series D preferred stock, <em style="font: inherit;">9.99%</em>) of our outstanding common stock. A holder of Series D preferred stock <em style="font: inherit;"> may, </em>upon notice to the Company, increase or decrease such beneficial ownership limitation, but <em style="font: inherit;">not</em> in excess of <em style="font: inherit;">9.99%.</em></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 807,500 Common Warrants have an exercise price of $9.60 per share and become exercisable beginning <em style="font: inherit;"> July 14, 2022. </em>The Common Warrants will expire <span style="-sec-ix-hidden:c84080537">five</span> years following the time they become exercisable, or <em style="font: inherit;"> July 14, 2027. </em>The Company also issued to the Placement Agent or its designees warrants to purchase up to an aggregate of 66,500 shares of common stock (the “Placement Agent Warrants”). The Placement Agent Warrants are subject to the same terms as the Common Warrants, except that the Placement Agent Warrants have an exercise price of $10.00 per share and a term of <span style="-sec-ix-hidden:c84080540">five</span> years from the commencement of the sales pursuant to the <em style="font: inherit;"> January 2022 </em>Offering, or <em style="font: inherit;"> January 12, 2027.</em></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> | |
CY2022Q1 | avgr |
Accretion Of Preferred Stock Dividends
AccretionOfPreferredStockDividends
|
1127000 | USD |
CY2022Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1831000 | USD |
CY2021Q1 | avgr |
Accretion Of Preferred Stock Dividends
AccretionOfPreferredStockDividends
|
1044000 | USD |
CY2022Q1 | avgr |
Transfers Between Inventory And Property And Equipment
TransfersBetweenInventoryAndPropertyAndEquipment
|
118000 | USD |
CY2021Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2097000 | USD |
CY2022Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-389900000 | USD |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
20000000.0 | USD |
CY2022Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<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> | |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
5350000 | USD |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
4601000 | USD |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
187000 | USD |
CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
193000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
4000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
20000 | USD |
CY2022Q1 | avgr |
Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
|
20000 | USD |
CY2021Q1 | avgr |
Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
|
2000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
171000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
211000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11378000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6096000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4889000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4572000 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.33 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.33 | |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
944007 | |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
161699 | |
CY2022Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2530000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3179000 | USD |
CY2021Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2503000 | USD |
CY2022Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
989000 | USD |
CY2021Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
1000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2194000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2940000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
274000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2940000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
5800000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y8M12D | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.065 | pure |
CY2022Q1 | avgr |
Operating Lease Expense Excluding Maintenance Fee And Other Expense Monthly
OperatingLeaseExpenseExcludingMaintenanceFeeAndOtherExpenseMonthly
|
105000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
314000 | USD |
CY2022Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
66000 | USD |
CY2021Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
59000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
264000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
249000 | USD |
CY2022Q1 | us-gaap |
Prepaid Rent
PrepaidRent
|
150000 | USD |
CY2021Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
158000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
873000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1203000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1138000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
3214000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2940000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3179000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2940000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3179000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1011000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
985000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1929000 | USD |
CY2022Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2022Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
58851 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
56451 | |
CY2022Q1 | us-gaap |
Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
|
5111000 | USD |
CY2022Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5454849 | |
CY2021Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
26456895 | |
CY2021Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
132265 | |
CY2022Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
43936895 | |
CY2022Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
1006285 | |
CY2022Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
1006285 | |
CY2021Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
132265 | |
CY2022Q1 | us-gaap |
Share Price
SharePrice
|
3.63 | |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
52000 | USD |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
418000 | USD |