2023 Q4 Form 10-K Financial Statement
#000173112223002197 Filed on November 27, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2023 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.609M | $2.592M | $12.04M |
YoY Change | -21.35% | -33.59% | -7.88% |
% of Gross Profit | |||
Research & Development | $8.684M | $10.06M | $43.72M |
YoY Change | -28.03% | -11.6% | 15.3% |
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $11.29M | $12.65M | $55.76M |
YoY Change | -26.59% | -17.22% | -209.36% |
Operating Profit | -$11.29M | -$55.76M | |
YoY Change | -26.59% | 9.36% | |
Interest Expense | $2.164M | $1.772M | $5.520M |
YoY Change | 32.47% | 745.94% | 12624.76% |
% of Operating Profit | |||
Other Income/Expense, Net | $2.756M | $669.9K | $8.258M |
YoY Change | 15.21% | -32.63% | 145.31% |
Pretax Income | -$8.537M | -$10.21M | -$47.50M |
YoY Change | -34.29% | -27.49% | -0.25% |
Income Tax | $85.00K | -$63.95K | $10.00K |
% Of Pretax Income | |||
Net Earnings | -$8.622M | -$10.15M | -$47.51M |
YoY Change | -33.53% | -29.0% | -0.99% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.11 | -$0.60 | |
Diluted Earnings Per Share | -$0.11 | -$0.12 | -$0.60 |
COMMON SHARES | |||
Basic Shares Outstanding | 82.09M shares | 81.95M shares | 79.79M shares |
Diluted Shares Outstanding | 82.08M shares | 79.79M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $143.8M | $151.0M | $151.0M |
YoY Change | 0.1% | 1.25% | 1.24% |
Cash & Equivalents | $143.8M | $151.0M | $151.0M |
Short-Term Investments | |||
Other Short-Term Assets | $756.0K | $653.0K | $700.0K |
YoY Change | 15.31% | 84.38% | 97.65% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $148.1M | $154.4M | $154.4M |
YoY Change | -0.2% | 1.1% | 1.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $148.1M | $154.4M | $154.4M |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $148.1M | $154.4M | $154.4M |
YoY Change | -0.2% | 1.1% | 1.11% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.292M | $4.322M | $4.300M |
YoY Change | -18.84% | 13.0% | 12.42% |
Accrued Expenses | $7.286M | $7.295M | $7.300M |
YoY Change | 3.45% | 22.71% | 22.79% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $12.50M | $12.53M | $12.50M |
YoY Change | -5.68% | 22.72% | 22.39% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $12.50M | $12.53M | $12.50M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $12.50M | $12.53M | $12.50M |
YoY Change | -5.68% | 22.72% | 22.39% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$301.7M | -$293.1M | |
YoY Change | 16.69% | 19.35% | |
Common Stock | $437.3M | $434.9M | |
YoY Change | 11.08% | 12.08% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $135.6M | $141.9M | $141.9M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $148.1M | $154.4M | $154.4M |
YoY Change | -0.2% | 1.1% | 1.11% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$8.622M | -$10.15M | -$47.51M |
YoY Change | -33.53% | -29.0% | -0.99% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$7.318M | -$5.845M | -$27.79M |
YoY Change | 26.3% | 44.54% | 14.63% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $27.88M | ||
YoY Change | 32.84% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $59.00K | 2.061M | $29.65M |
YoY Change | -77.15% | 84367.21% | 39.29% |
NET CHANGE | |||
Cash From Operating Activities | -$7.318M | -5.845M | -$27.79M |
Cash From Investing Activities | |||
Cash From Financing Activities | $59.00K | 2.061M | $29.65M |
Net Change In Cash | -$7.259M | -3.784M | $1.866M |
YoY Change | 31.12% | -6.37% | -163.26% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$7.318M | -$5.845M | -$27.79M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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|
79787596 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
76909993 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
76909993 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
69802960 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
69802960 | shares |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-47505000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-47978000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37909000 | usd |
CY2023 | avxl |
Noncash Financing Related Charges
NoncashFinancingRelatedCharges
|
845000 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16370000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
18379000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8231000 | usd |
CY2023 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-484000 | usd |
CY2022 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-5944000 | usd |
CY2021 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
4287000 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
299000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-1000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-88000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
497000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-914000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
751000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1350000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
330000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2298000 | usd |
CY2023 | avxl |
Deferred Grant Income
DeferredGrantIncome
|
-473000 | usd |
CY2021 | avxl |
Deferred Grant Income
DeferredGrantIncome
|
-444000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-27785000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-24238000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-30384000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
27875000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
20985000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
153219000 | usd |
CY2022 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
707000 | usd |
CY2021 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
5551000 | usd |
CY2021 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1467000 | usd |
CY2023 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1776000 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1010000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4108000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
29651000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
21288000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
153243000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1866000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-2950000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
122859000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
149158000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
152108000 | usd |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
29249000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
151024000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
149158000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
152108000 | usd |
CY2023 | avxl |
Cash Paid For State And Local Minimum Income Taxes
CashPaidForStateAndLocalMinimumIncomeTaxes
|
136000 | usd |
CY2022 | avxl |
Cash Paid For State And Local Minimum Income Taxes
CashPaidForStateAndLocalMinimumIncomeTaxes
|
327000 | usd |
CY2021 | avxl |
Cash Paid For State And Local Minimum Income Taxes
CashPaidForStateAndLocalMinimumIncomeTaxes
|
140000 | usd |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
27237000 | usd |
CY2021 | avxl |
Shares Issued Under Sales Agreement
SharesIssuedUnderSalesAgreement
|
79108000 | usd |
CY2021 | avxl |
Less Sales Agreement Share Issue Costs
LessSalesAgreementShareIssueCosts
|
-2438000 | usd |
CY2021 | avxl |
Shares Issued Pursuant To Registered Direct Offering
SharesIssuedPursuantToRegisteredDirectOffering
|
50000000 | usd |
CY2021 | avxl |
Less Registered Direct Offering Share Issue Costs
LessRegisteredDirectOfferingShareIssueCosts
|
-3097000 | usd |
CY2021 | avxl |
Shares Issued Pursuant To Exercise Of Stock Options
SharesIssuedPursuantToExerciseOfStockOptions
|
4108000 | usd |
CY2021 | avxl |
Shares Issued Pusuant To Exercise Of Warrants
SharesIssuedPusuantToExerciseOfWarrants
|
1466000 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8231000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37909000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
150817000 | usd |
CY2022 | avxl |
Shares Issued Under Sales Agreement
SharesIssuedUnderSalesAgreement
|
20985000 | usd |
CY2022 | avxl |
Less Sales Agreement Share Issue Costs
LessSalesAgreementShareIssueCosts
|
-723000 | usd |
CY2022 | avxl |
Shares Issued Pursuant To Exercise Of Stock Options
SharesIssuedPursuantToExerciseOfStockOptions
|
1011000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
18379000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-47978000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
142491000 | usd |
CY2023 | avxl |
Shares Issued Under2023 Purchase Agreement Initial Commitment Shares
SharesIssuedUnder2023PurchaseAgreementInitialCommitmentShares
|
845000 | usd |
CY2023 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
27875000 | usd |
CY2023 | avxl |
Shares Issued Pursuant To Exercise Of Stock Options
SharesIssuedPursuantToExerciseOfStockOptions
|
1776000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
16370000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-47505000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
141852000 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_848_eus-gaap--UseOfEstimates_z6qiTKflTLI2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86B_zdIdNWMOYl8g">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: gray"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to accounting for research and development costs, incentive income receivable, valuation and recoverability of deferred tax assets, stock based compensation, and loss contingencies. The Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> | |
CY2023Q3 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023 | us-gaap |
Revenue Recognition Incentives
RevenueRecognitionIncentives
|
<p id="xdx_84A_eus-gaap--RevenueRecognitionIncentives_zXLfXylE6t0j" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86F_zOf8tSfJTM19">Research and Development Incentive Income</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is eligible to obtain certain research and development tax credits, including, through its wholly owned subsidiary Anavex Australia, the Australian research and development tax incentive credit (the “Australia R&D credit”) through a program administered through the Australian Tax Office (the “ATO”) and AusIndustry, a division of the Australian Government’s Department of Industry, Innovation and Science (“AusIndustry”). The Australia R&D credit program provides for a cash refund based on a percentage of eligible research and development activities undertaken in Australia by Anavex Australia. Anavex Australia is also eligible under the Australia R&D credit program to receive the cash refund for certain research and development expenses incurred by Anavex Australia outside of Australia, to the extent such expenses are pre-approved by AusIndustry pursuant to an advanced overseas finding application.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Australia R&D credit program is available to eligible companies with an annual aggregate revenue of less than $20.0 million Australian during the reimbursable period at a rate of 18.5% above the claimant’s company tax rate in Australia.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The tax incentives are available on the basis of specific criteria with which the Company must comply. Although the tax incentive may be administered through the local tax authority, the Company has accounted for the incentives outside of the scope of ASC Topic 740, Income Taxes (“ASC 740”), since the incentives are not linked to the Company’s taxable income and can be realized regardless of whether the Company has generated taxable income in the respective jurisdictions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">With respect to the Australia R&D credit, as there is no authoritative guidance under GAAP for accounting for grants to for-profit business entities, the Company accounts for the grant by analogy to IAS20 Accounting for Government Grants and Disclosure of Government Assistance (“IAS 20”). The Company recognizes the Research and Development Incentive income as it incurs costs eligible for reimbursement under the Australia R&D credit program when it is reasonably assured that the cash incentive will be received, as evidenced through enrollment in the program and when the applicable conditions under the program have been met. The Company accrues for the amount of cash refund it expects to receive in relation to research and development expenses outside of Australia only to the extent it has received advanced approval from AusIndustry, pursuant to an approved advanced overseas finding application.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In addition, Anavex Australia and Anavex Canada incur Goods and Services Tax (GST) on certain services provided by local vendors. As a domestic entity in those jurisdictions, Anavex Australia and Anavex Canada are entitled to a refund of the GST paid. Similarly, Anavex Germany incurs Value Added Tax (VAT) on certain services provided by local vendors, to which it is entitled to a refund of such VAT paid. The Company’s estimate of the amount of cash refund it expects to receive related to GST and VAT incurred is included in Incentive and tax receivables in the accompanying consolidated balance sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-28851000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-6300000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-7618000 | usd |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
14271780 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
13329616 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11540903 | shares |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-8790000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-47498000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-47620000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-37641000 | usd |
CY2023Q3 | avxl |
Accrued Clinical Site And Patient Visits Costs
AccruedClinicalSiteAndPatientVisitsCosts
|
2006000 | usd |
CY2022Q3 | avxl |
Accrued Clinical Site And Patient Visits Costs
AccruedClinicalSiteAndPatientVisitsCosts
|
2031000 | usd |
CY2023Q3 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
1360000 | usd |
CY2022Q3 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
1298000 | usd |
CY2023Q3 | avxl |
Fixed Contract Accruals
FixedContractAccruals
|
38000 | usd |
CY2022Q3 | avxl |
Fixed Contract Accruals
FixedContractAccruals
|
417000 | usd |
CY2023Q3 | avxl |
Milestone Based Contract Accruals
MilestoneBasedContractAccruals
|
1267000 | usd |
CY2022Q3 | avxl |
Milestone Based Contract Accruals
MilestoneBasedContractAccruals
|
137000 | usd |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2624000 | usd |
CY2022Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2062000 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
7295000 | usd |
CY2022Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5945000 | usd |
CY2023 | avxl |
Grant Income
GrantIncome
|
500000 | usd |
CY2022 | avxl |
Grant Income
GrantIncome
|
0 | usd |
CY2021 | avxl |
Grant Income
GrantIncome
|
500000 | usd |
CY2023 | avxl |
Non Operating Income From Grant
NonOperatingIncomeFromGrant
|
25000 | usd |
CY2022 | avxl |
Non Operating Income From Grant
NonOperatingIncomeFromGrant
|
0 | usd |
CY2021 | avxl |
Non Operating Income From Grant
NonOperatingIncomeFromGrant
|
54100 | usd |
CY2023 | avxl |
Deferred Grant Income1
DeferredGrantIncome1
|
900000 | usd |
CY2022 | avxl |
Deferred Grant Income1
DeferredGrantIncome1
|
400000 | usd |
CY2023 | us-gaap |
Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
|
2700000 | usd |
CY2022 | us-gaap |
Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
|
3300000 | usd |
CY2021 | us-gaap |
Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
|
4500000 | usd |
CY2023Q3 | us-gaap |
Other Receivables
OtherReceivables
|
2500000 | usd |
CY2022Q3 | us-gaap |
Other Receivables
OtherReceivables
|
2900000 | usd |
CY2023Q3 | avxl |
Sales Of Agreement Amount
SalesOfAgreementAmount
|
142400000 | usd |
CY2022Q3 | avxl |
Sales Of Agreement Amount
SalesOfAgreementAmount
|
142400000 | usd |
CY2023Q3 | avxl |
Fair Value Of Initial Commitment
FairValueOfInitialCommitment
|
800000 | usd |
CY2023Q3 | avxl |
Incurred Expenses
IncurredExpenses
|
100000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P12M | |
CY2023Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
46462000 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
46208000 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
118000 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
73000 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
131000 | usd |
CY2023 | us-gaap |
Pension Contributions
PensionContributions
|
232000 | usd |
CY2022 | us-gaap |
Pension Contributions
PensionContributions
|
158000 | usd |
CY2021 | us-gaap |
Pension Contributions
PensionContributions
|
129000 | usd |
CY2023Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
160000 | shares |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
160000 | shares |
CY2023Q3 | avxl |
Warrants Outstanding Weighted Average Exercise
WarrantsOutstandingWeightedAverageExercise
|
3.72 | |
CY2022Q3 | avxl |
Warrants Outstanding Weighted Average Exercise
WarrantsOutstandingWeightedAverageExercise
|
3.72 | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
160000 | shares |
CY2023 | avxl |
Option Issued
OptionIssued
|
3849917 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
3.94 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
4.69 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
2.54 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y4M24D | |
CY2023 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P4Y9M | |
CY2022 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P5Y1M6D | |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
16400000 | usd |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
18400000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8200000 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
34982000 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16370000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
18379000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8231000 | usd |
CY2023Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
14100000 | usd |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0370 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0311 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0073 | pure |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y7M20D | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y6M25D | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y8M26D | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.8513 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.8417 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.9343 | pure |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-41198000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-40002000 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
2713000 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
2182000 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
1577000 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
18593000 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
13373000 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
10453000 | usd |
CY2023Q3 | avxl |
Deferred Tax Assets Research And Development Capitalization
DeferredTaxAssetsResearchAndDevelopmentCapitalization
|
7219000 | usd |
CY2023Q3 | avxl |
Deferred Tax Assets Unpaid Charges
DeferredTaxAssetsUnpaidCharges
|
1559000 | usd |
CY2022Q3 | avxl |
Deferred Tax Assets Unpaid Charges
DeferredTaxAssetsUnpaidCharges
|
894000 | usd |
CY2021Q3 | avxl |
Deferred Tax Assets Unpaid Charges
DeferredTaxAssetsUnpaidCharges
|
89000 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
593000 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
388000 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
323000 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
|
49000 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
|
44000 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
|
62000 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
77188000 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
63089000 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
47486000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-9975000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-10000000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-7934000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-170000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-353000 | usd |
CY2023 | avxl |
Permanent Differences Relating To Stock Based Compensation
PermanentDifferencesRelatingToStockBasedCompensation
|
-601000 | usd |
CY2022 | avxl |
Permanent Differences Relating To Stock Based Compensation
PermanentDifferencesRelatingToStockBasedCompensation
|
-714000 | usd |
CY2021 | avxl |
Permanent Differences Relating To Stock Based Compensation
PermanentDifferencesRelatingToStockBasedCompensation
|
-4379000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Gilti Amount
EffectiveIncomeTaxRateReconciliationGiltiAmount
|
165000 | usd |
CY2021 | avxl |
Permanent Differences Relating To Section162m
PermanentDifferencesRelatingToSection162m
|
816000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
273000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
741000 | usd |
CY2021 | avxl |
Adjustment To Tax Assets Based On Section382
AdjustmentToTaxAssetsBasedOnSection382
|
3330000 | usd |
CY2023 | avxl |
Income Tax Reconciliation Nondeductible Expense Research And Development Credit Net
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopmentCreditNet
|
-37000 | usd |
CY2022 | avxl |
Income Tax Reconciliation Nondeductible Expense Research And Development Credit Net
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopmentCreditNet
|
232000 | usd |
CY2021 | avxl |
Income Tax Reconciliation Nondeductible Expense Research And Development Credit Net
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopmentCreditNet
|
1042000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-4122000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-4975000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-7022000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
206000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
24000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
48000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
216000 | usd |
CY2022 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
358000 | usd |
CY2021 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
268000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
14098000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
15603000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
13495000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
7000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
358000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
268000 | usd |
CY2023 | avxl |
Operating Loss Carry Forwards Expiration Year
OperatingLossCarryForwardsExpirationYear
|
2036 | |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
|
2700000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
|
2200000 | usd |
CY2023 | avxl |
Research And Development Tax Credits Year
ResearchAndDevelopmentTaxCreditsYear
|
2029 | |
CY2023Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
7200000 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
800000 | usd |
CY2021Q3 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2500000 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
800000 | usd |
CY2021 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
3300000 | usd |