2022 Q4 Form 10-Q Financial Statement
#000143774922026628 Filed on November 09, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $2.001M | $2.252M | $2.366M |
YoY Change | -16.73% | -4.82% | 2.78% |
Cost Of Revenue | $1.318M | $1.462M | $1.566M |
YoY Change | -22.06% | -6.64% | 2.69% |
Gross Profit | $683.0K | $790.0K | $800.0K |
YoY Change | -4.07% | -1.25% | 2.96% |
Gross Profit Margin | 34.13% | 35.08% | 33.81% |
Selling, General & Admin | $3.359M | $3.384M | $3.892M |
YoY Change | -13.2% | -13.05% | 12.45% |
% of Gross Profit | 491.8% | 428.35% | 486.5% |
Research & Development | $1.146M | $1.086M | $1.397M |
YoY Change | -18.03% | -22.26% | -1.41% |
% of Gross Profit | 167.79% | 137.47% | 174.63% |
Depreciation & Amortization | $63.00K | $54.00K | $158.0K |
YoY Change | -61.11% | -65.82% | -31.3% |
% of Gross Profit | 9.22% | 6.84% | 19.75% |
Operating Expenses | $4.505M | $4.470M | $5.289M |
YoY Change | -14.48% | -15.48% | 8.43% |
Operating Profit | -$3.822M | -$3.680M | -$4.489M |
YoY Change | -16.11% | -18.02% | 9.46% |
Interest Expense | -$379.0K | $407.0K | $419.0K |
YoY Change | -12.67% | -2.86% | -3.23% |
% of Operating Profit | |||
Other Income/Expense, Net | $19.00K | -$4.000K | |
YoY Change | -416.67% | -150.0% | |
Pretax Income | -$4.182M | -$4.087M | -$4.912M |
YoY Change | -16.29% | -16.8% | 8.43% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$5.311M | -$4.087M | -$4.912M |
YoY Change | 6.31% | -16.8% | 8.55% |
Net Earnings / Revenue | -265.42% | -181.48% | -207.61% |
Basic Earnings Per Share | -$0.77 | -$1.25 | |
Diluted Earnings Per Share | -$0.70 | -$601.2K | -$1.030M |
COMMON SHARES | |||
Basic Shares Outstanding | 7.436M | 7.040M | 95.35M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $14.60M | $17.34M | $23.08M |
YoY Change | -25.1% | -24.85% | -8.89% |
Cash & Equivalents | $14.60M | $17.30M | $23.10M |
Short-Term Investments | |||
Other Short-Term Assets | $362.0K | $652.0K | $668.0K |
YoY Change | 20.67% | -2.4% | 28.46% |
Inventory | $4.965M | $5.047M | $4.519M |
Prepaid Expenses | |||
Receivables | $1.057M | $1.554M | $1.400M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $20.99M | $24.60M | $29.67M |
YoY Change | -18.63% | -17.09% | -4.87% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $702.0K | $574.0K | $213.0K |
YoY Change | 638.95% | 169.48% | -77.39% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $312.0K | $333.0K | $452.0K |
YoY Change | -25.71% | -26.33% | -17.82% |
Total Long-Term Assets | $3.208M | $3.356M | $4.073M |
YoY Change | -13.16% | -17.6% | -29.3% |
TOTAL ASSETS | |||
Total Short-Term Assets | $20.99M | $24.60M | $29.67M |
Total Long-Term Assets | $3.208M | $3.356M | $4.073M |
Total Assets | $24.20M | $27.95M | $33.74M |
YoY Change | -17.94% | -17.15% | -8.68% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $631.0K | $612.0K | $1.178M |
YoY Change | -54.73% | -48.05% | 86.39% |
Accrued Expenses | $657.0K | $669.0K | $791.0K |
YoY Change | -8.5% | -15.42% | 15.81% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $14.17M | $0.00 | |
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $17.95M | $7.072M | $7.439M |
YoY Change | 281.34% | -4.93% | -58.88% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $13.67M | $11.85M |
YoY Change | -100.0% | 15.31% | 1202.53% |
Other Long-Term Liabilities | $1.001M | $881.0K | $431.0K |
YoY Change | 74.09% | 104.41% | 4688.89% |
Total Long-Term Liabilities | $1.001M | $881.0K | $431.0K |
YoY Change | 74.09% | 104.41% | 4688.89% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $17.95M | $7.072M | $7.439M |
Total Long-Term Liabilities | $1.001M | $881.0K | $431.0K |
Total Liabilities | $20.05M | $23.01M | $22.17M |
YoY Change | 1.45% | 3.76% | -1.42% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$402.4M | -$398.2M | -$379.8M |
YoY Change | 4.59% | 4.84% | 4.71% |
Common Stock | $406.5M | $403.1M | $391.3M |
YoY Change | 3.05% | 3.02% | 3.75% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $4.146M | $4.946M | $11.57M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $24.20M | $27.95M | $33.74M |
YoY Change | -17.94% | -17.15% | -8.68% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.311M | -$4.087M | -$4.912M |
YoY Change | 6.31% | -16.8% | 8.55% |
Depreciation, Depletion And Amortization | $63.00K | $54.00K | $158.0K |
YoY Change | -61.11% | -65.82% | -31.3% |
Cash From Operating Activities | -$2.717M | -$3.496M | -$3.622M |
YoY Change | -23.05% | -3.48% | 10.76% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $20.00K | $0.00 | $0.00 |
YoY Change | -225.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
Cash From Investing Activities | -$20.00K | $0.00 | $0.00 |
YoY Change | 25.0% | -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 | -2.000K | 4.799M | 0.000 |
YoY Change | -94.12% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -2.717M | -3.496M | -3.622M |
Cash From Investing Activities | -20.00K | 0.000 | 0.000 |
Cash From Financing Activities | -2.000K | 4.799M | 0.000 |
Net Change In Cash | -2.739M | 1.303M | -3.622M |
YoY Change | -23.51% | -135.97% | -141.25% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.717M | -$3.496M | -$3.622M |
Capital Expenditures | $20.00K | $0.00 | $0.00 |
Free Cash Flow | -$2.737M | -$3.496M | -$3.622M |
YoY Change | -22.13% | -3.48% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Entity Registrant Name
EntityRegistrantName
|
Avinger Inc | ||
dei |
Entity Address Postal Zip Code
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94063 | ||
dei |
City Area Code
CityAreaCode
|
650 | ||
dei |
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241-7900 | ||
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Yes | ||
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10-Q | ||
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Q3 | ||
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CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4489000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-12135000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13545000 | usd | |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
407000 | usd |
CY2021Q3 | us-gaap |
Interest Expense
InterestExpense
|
419000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
1286000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
1214000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2343000 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4087000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4912000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-13441000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12416000 | usd | |
CY2022Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
1127000 | usd |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.78 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
960000 | usd | |
avgr |
Noncash Interest Expense Income And Other Charges Net
NoncashInterestExpenseIncomeAndOtherChargesNet
|
1318000 | usd | |
avgr |
Noncash Interest Expense Income And Other Charges Net
NoncashInterestExpenseIncomeAndOtherChargesNet
|
1151000 | usd | |
avgr |
Change In Rightofuse Asset
ChangeInRightofuseAsset
|
72000 | usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
3381000 | usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
3132000 | usd | |
CY2022Q3 | avgr |
Preferred Stock Deemed Dividend Arising From Beneficial Conversion Feature
PreferredStockDeemedDividendArisingFromBeneficialConversionFeature
|
usd | |
CY2021Q3 | avgr |
Preferred Stock Deemed Dividend Arising From Beneficial Conversion Feature
PreferredStockDeemedDividendArisingFromBeneficialConversionFeature
|
usd | |
avgr |
Preferred Stock Deemed Dividend Arising From Beneficial Conversion Feature
PreferredStockDeemedDividendArisingFromBeneficialConversionFeature
|
5111000 | usd | |
avgr |
Preferred Stock Deemed Dividend Arising From Beneficial Conversion Feature
PreferredStockDeemedDividendArisingFromBeneficialConversionFeature
|
usd | ||
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5214000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5956000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-21933000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-15548000 | usd | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.77 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.25 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.31 | ||
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6798000 | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4769000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5804000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4704000 | ||
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17282000 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1000 | usd |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
239000 | usd |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
1044000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4912000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11566000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5321000 | usd |
CY2022Q3 | avgr |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
0 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
0 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
39000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
1127000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4087000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4946000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13076000 | usd |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
960000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
3132000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12416000 | usd | |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11566000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9723000 | usd |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1000 | usd | |
avgr |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
0 | usd | |
avgr |
Stock Issued During Period Value Reverse Stock Splits
StockIssuedDuringPeriodValueReverseStockSplits
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
0 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
127000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
3381000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-13441000 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4946000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-13441000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12416000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
133000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
525000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
63000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
65000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
127000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
893000 | 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 |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
17342000 | usd |
avgr |
Change In Rightofuse Asset
ChangeInRightofuseAsset
|
102000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
156000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
97000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-37000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-3000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2155000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
2353000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
198000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-82000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1182000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
733000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
352000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
318000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-15000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
44000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-783000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
484000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-265000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-324000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-49000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
122000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
306000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
431000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-14043000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12166000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-18000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
11919000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13077000 | usd | |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
23078000 | usd |
avgr |
Accretion Of Preferred Stock Dividends
AccretionOfPreferredStockDividends
|
3381000 | usd | |
avgr |
Accretion Of Preferred Stock Dividends
AccretionOfPreferredStockDividends
|
3132000 | usd | |
avgr |
Reclassification Of Right Of Use Asset To Prepaid Rent
ReclassificationOfRightOfUseAssetToPrepaidRent
|
-72000 | usd | |
avgr |
Reclassification Of Right Of Use Asset To Prepaid Rent
ReclassificationOfRightOfUseAssetToPrepaidRent
|
-102000 | usd | |
avgr |
Transfers Between Inventory And Property And Equipment
TransfersBetweenInventoryAndPropertyAndEquipment
|
580000 | usd | |
avgr |
Transfers Between Inventory And Property And Equipment
TransfersBetweenInventoryAndPropertyAndEquipment
|
-7000 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 8pt;"><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 0pt 0pt 8pt;"><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 0pt 0pt 9pt;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, 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 0pt 0pt 8pt;"><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 0pt 0pt 9pt;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;"> September 30, 2022, </em>the Company had an accumulated deficit of $398.2 million. The Company expects to incur losses for the foreseeable future. The Company believes that its cash and cash equivalents of $17.3 million at <em style="font: inherit;"> September 30, 2022 </em>and expected revenues from operations will be sufficient to allow the Company to fund its current operations partially through the <em style="font: inherit;">fourth</em> quarter of <em style="font: inherit;">2023.</em> The Company received net proceeds of approximately $4.4 million from the sale of its common stock in <em style="font: inherit;"> August 2022, </em>$0.8 million from the sale of its common stock under an At The Market Offering Agreement during the <em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2022, </em>$6.7 million 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>seek 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 0pt 0pt 9pt;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 0pt 0pt 9pt;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;margin:0pt 0pt 0pt 8pt;"><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 0pt 0pt 8pt;"><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 0pt 0pt 9pt;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;text-indent:9pt;"><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 0pt 0pt 9pt;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 was 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 0pt 0pt 9pt;text-indent:36pt;">The 807,500 Common Warrants have an exercise price of $9.60 per share and became exercisable beginning <em style="font: inherit;"> July 14, 2022. </em>The Common Warrants will expire <span style="-sec-ix-hidden:c90907233">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:c90907236">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> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 8pt;"><i><em style="font: inherit;"> August 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 0pt 0pt 9pt;text-indent:36pt;">On <em style="font: inherit;"> August 4, 2022, </em>the Company entered into a securities purchase agreement with a single institutional investor for the issuance and sale of 1,484,019 shares of its common stock in a registered direct offering (“RD” or “Registered Direct”) at a purchase price of $1.752 per share, or pre-funded warrants in lieu thereof. In a concurrent private placement, the Company also agreed to issue and sell to the investor 1,369,864 shares of common stock at the same purchase price as in the registered direct offering, or pre-funded warrants in lieu thereof (“Private Placement” and together with the Registered Direct offering the <em style="font: inherit;"> “August 2022 </em>Offering”). As a result, the Company received aggregate net proceeds of approximately $4.4 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 0pt 0pt 9pt;text-indent:36pt;">As a result, in the Registered Direct offering, the Company issued (i) 700,000 shares of common stock, (ii) and pre-funded warrants in lieu of common stock to purchase up to an aggregate of 784,019 shares of common stock (the “RD Pre-Funded Warrants”) and in the Private Placement, the Company issued pre-funded warrants to purchase up to an aggregate of 1,369,864 shares of common stock (the “Private Pre-Funded Warrants” and together with the RD Pre-Funded Warrants the <em style="font: inherit;"> “August 2022 </em>Pre-Funded Warrants”).</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 0pt 0pt 9pt;text-indent:36pt;">In addition, the Company issued to the investor in the <em style="font: inherit;"> August 2022 </em>Offering Series A preferred investment options to purchase up to 2,853,883 additional shares of the Company’s common stock and Series B preferred investment options to purchase up to 2,853,883 additional shares of the Company’s common stock (the “Preferred Investment Options”). The Series A preferred investment options have an exercise price of $1.502 per share, are immediately exercisable, and will expire <span style="-sec-ix-hidden:c90907247">five</span> and <em style="font: inherit;">one</em>-half years from the date of issuance, or <em style="font: inherit;"> February 8, 2028, </em>and the Series B preferred investment options have an exercise price of $1.502 per share, are immediately exercisable, and will expire <span style="-sec-ix-hidden:c90907250">two</span> years from the date of issuance, or <em style="font: inherit;"> August 8, 2024. </em>The Company also issued to the Placement Agent or its designees preferred investment options to purchase up to an aggregate of 171,233 shares of common stock (the “Placement Agent Preferred Investment Options”). The Placement Agent Preferred Investment Options are subject to the same terms as the Preferred Investment Options, except that the Placement Agent Preferred Investment Options have an exercise price of $2.19 per share and a term of <span style="-sec-ix-hidden:c90907253">five</span> years from the commencement of the sales pursuant to the <em style="font: inherit;"> August 2022 </em>Offering, or <em style="font: inherit;"> August 3, 2027.</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:9pt;"><i>At The Market Offering Agreement</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 0pt 0pt 9pt;text-indent:36pt;">On <em style="font: inherit;"> May 20, 2022, </em>the Company entered into an At The Market Offering Agreement (the “ATM Agreement”) with H.C. Wainwright & Co., LLC (the “Agent”), as sales agent, pursuant to which the Company <em style="font: inherit;"> may </em>offer and sell shares of common stock, par value $0.001 per share (the “Shares”) up to an aggregate offering price of $7,000,000 from time to time, in an at the market public offering. Sales of the Shares are to be made at prevailing market prices at the time of sale, or as otherwise agreed with the Agent. The Agent will receive a commission from the Company of 3.0% of the gross proceeds of any Shares sold under the ATM Agreement. The Shares sold under the ATM Agreement are offered and sold pursuant to the Company’s shelf registration statement on Form S-<em style="font: inherit;">3,</em> which was initially filed with the Securities and Exchange Commission (the “SEC”) on <em style="font: inherit;"> March 29, 2022 </em>and declared effective on <em style="font: inherit;"> April 7, 2022, </em>and a prospectus supplement and the accompanying prospectus relating to the At The Market Offering filed with the SEC on <em style="font: inherit;"> May 20, 2022. </em>During the quarter ended <em style="font: inherit;"> September 30, 2022, </em>the Company sold 259,137 shares of common stock at an average price of $1.56 per share for aggregate proceeds of $0.4 million, of which approximately $12,000 was paid in the form of commissions to the Agent. During the <em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2022, </em>the Company sold 585,603 shares of common stock pursuant to the ATM Agreement at an average price of $1.67 per share for aggregate proceeds of $1.0 million, of which approximately $29,000 was paid in the form of commissions to the Agent. Other than the ATM Agreement, the Company currently does <em style="font: inherit;">not</em> have any commitments to obtain additional funds. On <em style="font: inherit;"> August 3, 2022, </em>the Company suspended sales under the ATM Agreement. While the Company <em style="font: inherit;"> may </em>resume sales in the future, there can be <em style="font: inherit;">no</em> assurance that the Company will be successful in acquiring additional funding through these means.</p> | ||
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-398200000 | usd |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
17300000 | usd |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
137000 | usd |
CY2021Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
231000 | usd |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
187000 | usd |
CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
193000 | usd |
CY2022Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
6000 | usd |
CY2021Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
5000 | usd |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
10000 | usd | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
46000 | usd | |
CY2022Q3 | avgr |
Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
|
34000 | usd |
CY2021Q3 | avgr |
Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
|
40000 | usd |
CY2022Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
109000 | usd |
CY2021Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
196000 | usd |
avgr |
Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
|
88000 | usd | |
avgr |
Product Warranty Accrual Payments And Release
ProductWarrantyAccrualPaymentsAndRelease
|
43000 | usd | |
CY2022Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
109000 | usd |
CY2021Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
196000 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
4601000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5214000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5956000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-21933000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-15548000 | usd | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6798000 | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4769000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5804000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4704000 | ||
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.77 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.25 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.78 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.31 | ||
CY2022Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5605361 | |
CY2021Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
205674 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2557846 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
209468 | ||
CY2022Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2863000 | usd |
CY2021Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2503000 | usd |
CY2022Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
333000 | usd |
CY2021Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
1000 | usd |
CY2022Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1851000 | usd |
CY2021Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2097000 | usd |
CY2022Q3 | us-gaap |
Inventory Net
InventoryNet
|
5047000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3179000 | usd |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
5800000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y2M12D | |
CY2021Q4 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.065 | pure |
avgr |
Operating Lease Expense Excluding Maintenance Fee And Other Expense Monthly
OperatingLeaseExpenseExcludingMaintenanceFeeAndOtherExpenseMonthly
|
105000 | usd | |
CY2022Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
314000 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
942000 | usd | |
CY2022Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
63000 | usd |
CY2021Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
59000 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
200000 | usd | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
177000 | usd | |
CY2022Q3 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
271000 | usd |
CY2021Q3 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
256000 | usd |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
802000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
758000 | usd | |
CY2022Q3 | us-gaap |
Prepaid Rent
PrepaidRent
|
86000 | usd |
CY2021Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
158000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
293000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1203000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1138000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2634000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
185000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2449000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2449000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3179000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2449000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3179000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1065000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
985000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1384000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2194000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2449000 | usd |
CY2022Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2022Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
56451 | |
us-gaap |
Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
|
5111000 | usd | |
CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7435644 | |
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 | |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
51582758 | |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
8652148 | |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
8652148 | |
CY2021Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
132265 | |
CY2022Q3 | us-gaap |
Share Price
SharePrice
|
1.15 | |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
39000 | usd |
CY2021Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
239000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
127000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
960000 | usd |