2023 Q4 Form 10-Q Financial Statement

#000149315223040132 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $10.60M $8.896M $4.322M
YoY Change 4.46% 105.83% -0.28%
Cost Of Revenue $5.368M $4.590M $2.225M
YoY Change 2.13% 106.29% -2.84%
Gross Profit $5.228M $4.310M $2.097M
YoY Change 6.96% 105.53% 2.59%
Gross Profit Margin 49.34% 48.45% 48.52%
Selling, General & Admin $9.060M $8.619M $7.765M
YoY Change -11.25% 11.0% -54.99%
% of Gross Profit 173.3% 199.98% 370.29%
Research & Development $33.00K
YoY Change
% of Gross Profit 0.77%
Depreciation & Amortization $125.0K $130.0K $131.0K
YoY Change 0.0% -0.76% -2.24%
% of Gross Profit 2.39% 3.02% 6.25%
Operating Expenses $9.060M $13.52M $7.961M
YoY Change -13.78% 69.78% -55.65%
Operating Profit -$3.832M -$4.620M -$3.639M
YoY Change -31.81% 26.96% -77.12%
Interest Expense -$998.0K $142.0K $89.00K
YoY Change 2751.43% 59.55% -203.49%
% of Operating Profit
Other Income/Expense, Net $998.0K -$1.721M $1.074M
YoY Change -65.24% -260.24% 480.54%
Pretax Income $3.520M -$6.341M -$2.565M
YoY Change -226.44% 147.21% -83.97%
Income Tax -$6.000K $1.000K $1.000K
% Of Pretax Income -0.17%
Net Earnings $3.526M -$6.342M -$2.566M
YoY Change -226.61% 147.16% -83.97%
Net Earnings / Revenue 33.28% -71.29% -59.37%
Basic Earnings Per Share -$4.64 -$0.11
Diluted Earnings Per Share $2.28 -$4.64 -$0.11
COMMON SHARES
Basic Shares Outstanding 1.518M shares 1.368M shares 23.55M shares
Diluted Shares Outstanding 1.367M shares 22.73M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.421M $6.760M $27.60M
YoY Change -94.9% -75.51% 1402.61%
Cash & Equivalents $1.343M $3.422M $27.50M
Short-Term Investments $78.00K $3.340M $85.00K
Other Short-Term Assets $5.584M $270.0K $721.0K
YoY Change 670.21% -62.55% -11.53%
Inventory $10.91M $16.07M $12.09M
Prepaid Expenses $305.0K $460.0K
Receivables $5.162M $6.510M $5.065M
Other Receivables $0.00 $0.00 $3.017M
Total Short-Term Assets $23.08M $29.61M $48.49M
YoY Change -46.51% -38.94% 378.38%
LONG-TERM ASSETS
Property, Plant & Equipment $1.746M $154.0K $224.0K
YoY Change 755.88% -31.25% -22.49%
Goodwill
YoY Change
Intangibles $2.629M $2.718M $3.136M
YoY Change -13.29% -13.33%
Long-Term Investments
YoY Change
Other Assets $482.0K $490.0K $393.0K
YoY Change 50.63% 24.68% -71.38%
Total Long-Term Assets $4.857M $4.493M $6.566M
YoY Change -37.28% -31.57% 25.86%
TOTAL ASSETS
Total Short-Term Assets $23.08M $29.61M $48.49M
Total Long-Term Assets $4.857M $4.493M $6.566M
Total Assets $27.93M $34.10M $55.06M
YoY Change -45.11% -38.06% 258.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.006M $8.620M $253.0K
YoY Change 604.69% 3307.11% -87.53%
Accrued Expenses $4.492M $11.04M $9.442M
YoY Change -58.65% 16.91% 6.85%
Deferred Revenue
YoY Change
Short-Term Debt $3.904M $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.09M $29.12M $17.14M
YoY Change -13.43% 69.89% 51.83%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $5.051M $38.00K $5.646M
YoY Change 23952.38% -99.33% -73.67%
Total Long-Term Liabilities $5.051M $38.00K $5.646M
YoY Change 23952.38% -99.33% -73.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.09M $29.12M $17.14M
Total Long-Term Liabilities $5.051M $38.00K $5.646M
Total Liabilities $23.14M $33.07M $32.46M
YoY Change -14.32% 1.85% -0.82%
SHAREHOLDERS EQUITY
Retained Earnings -$99.70M -$103.2M -$76.70M
YoY Change 25.41% 34.55%
Common Stock $2.000K $1.000K $23.00K
YoY Change -92.59% -95.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.793M $1.038M $22.60M
YoY Change
Total Liabilities & Shareholders Equity $27.93M $34.10M $55.06M
YoY Change -45.11% -38.06% 258.6%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income $3.526M -$6.342M -$2.566M
YoY Change -226.61% 147.16% -83.97%
Depreciation, Depletion And Amortization $125.0K $130.0K $131.0K
YoY Change 0.0% -0.76% -2.24%
Cash From Operating Activities -$8.866M -$2.000M -$5.941M
YoY Change 7.19% -66.34% 388.17%
INVESTING ACTIVITIES
Capital Expenditures -$9.000K $0.00 -$1.000K
YoY Change -1000.0% -100.0% -200.0%
Acquisitions
YoY Change
Other Investing Activities $64.00K $380.0K -$3.033M
YoY Change -103.07% -112.53%
Cash From Investing Activities $73.00K $390.0K -$3.034M
YoY Change -103.5% -112.85% -303500.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.714M 590.0K 4.630M
YoY Change -87.26% -3926.45%
NET CHANGE
Cash From Operating Activities -8.866M -2.000M -5.941M
Cash From Investing Activities 73.00K 390.0K -3.034M
Cash From Financing Activities 6.714M 590.0K 4.630M
Net Change In Cash -2.079M -1.020M -4.345M
YoY Change -79.93% -76.52% 224.98%
FREE CASH FLOW
Cash From Operating Activities -$8.866M -$2.000M -$5.941M
Capital Expenditures -$9.000K $0.00 -$1.000K
Free Cash Flow -$8.857M -$2.000M -$5.940M
YoY Change 7.07% -66.33% 387.68%

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CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-142000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-89000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-256000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-160000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
35000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-22000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
65000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
30000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1721000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1074000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4825000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
15137000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6341000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2565000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-23637000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2176000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-6342000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-2566000 usd
us-gaap Net Income Loss
NetIncomeLoss
-23657000 usd
us-gaap Net Income Loss
NetIncomeLoss
2145000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.64
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-17.57
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.19
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.64
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.26
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-17.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.19
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1366842 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1136291 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1346264 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
978018 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1366842 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1136291 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1346264 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
980251 shares
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
7173000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
207000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-6342000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1038000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
23878000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
817000 usd
us-gaap Net Income Loss
NetIncomeLoss
-23657000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1038000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
17233000 usd
CY2022Q3 BFRI Stock Issued During Period Value Exercise Of Prefunded Warrants
StockIssuedDuringPeriodValueExerciseOfPrefundedWarrants
2841000 usd
CY2022Q3 BFRI Stock Issued During Period Value Exercise Of Pipe Warrants
StockIssuedDuringPeriodValueExerciseOfPipeWarrants
4686000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
401000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-2566000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
22595000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
11338000 usd
BFRI Stock Issued During Period Value Private Placement Offering
StockIssuedDuringPeriodValuePrivatePlacementOffering
116000 usd
BFRI Stock Issued During Period Value Exercise Of Prefunded Warrants
StockIssuedDuringPeriodValueExerciseOfPrefundedWarrants
2841000 usd
BFRI Stock Issued During Period Value Exercise Of Pipe Warrants
StockIssuedDuringPeriodValueExerciseOfPipeWarrants
4686000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1469000 usd
us-gaap Net Income Loss
NetIncomeLoss
2145000 usd
us-gaap Net Income Loss
NetIncomeLoss
2145000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
22595000 usd
us-gaap Net Income Loss
NetIncomeLoss
-23657000 usd
us-gaap Net Income Loss
NetIncomeLoss
2145000 usd
us-gaap Depreciation
Depreciation
65000 usd
us-gaap Depreciation
Depreciation
80000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
390000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
314000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
314000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-6635000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
100000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-4100000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-2001000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-17896000 usd
BFRI Warrant Inducement Expense
WarrantInducementExpense
2629000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
817000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1469000 usd
us-gaap Inventory Write Down
InventoryWriteDown
100000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
158000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
111000 usd
BFRI Noncash Interest Expense
NoncashInterestExpense
296000 usd
BFRI Noncash Interest Expense
NoncashInterestExpense
268000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
204000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2111000 usd
us-gaap Increase Decrease In Due From Other Related Parties Current
IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent
-3652000 usd
us-gaap Increase Decrease In Due From Other Related Parties Current
IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent
-5145000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-347000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4121000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8900000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7728000 usd
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
6137000 usd
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
3519000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-375000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
197000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-216000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-16029000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7928000 usd
BFRI Disbursement For Loan Receivable
DisbursementForLoanReceivable
3033000 usd
us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
560000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
37000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
546000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3070000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
13546000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
9391000 usd
BFRI Proceeds From Exercise Of Warrants
ProceedsFromExerciseOfWarrants
4630000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
11849000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1697000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14021000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13786000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3023000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17408000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
24742000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3622000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
27765000 usd
us-gaap Interest Paid Net
InterestPaidNet
31000 usd
us-gaap Interest Paid Net
InterestPaidNet
10000 usd
BFRI Interest Paid Related Party
InterestPaidRelatedParty
22000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
30000 usd
us-gaap Embedded Derivative No Longer Bifurcated Amount Reclassified To Stockholders Equity
EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity
6840000 usd
BFRI Addition Of Rightofuse Assets In Exchange For Operating Lease Liabilities
AdditionOfRightofuseAssetsInExchangeForOperatingLeaseLiabilities
147000 usd
CY2023Q2 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-20
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000 shares
CY2023Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
100.00
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3400000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17200000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-18800000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-13000000.0 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-16000000.0 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7900000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-103200000 usd
CY2023Q3 us-gaap Other Additional Capital
OtherAdditionalCapital
4100000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_847_eus-gaap--UseOfEstimates_zCAgLbUTYIS8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span id="xdx_862_zpNXuh5tGh8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Use of Estimates</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 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: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the financial statements in accordance with U.S. GAAP requires the use of estimates and assumptions by management that affect the reported amounts of assets and liabilities, as well as disclosure of contingent assets and liabilities, as reported on the balance sheet date, and the reported amounts of revenues and expenses arising during the reporting period. The main areas in which assumptions, estimates and the exercising of judgment are appropriate relate to, valuation allowances for receivables and inventory, valuation of contingent consideration and warrant liabilities, realization of intangible and other long-lived assets, product sales allowances and reserves, share-based payments and income taxes including deferred tax assets and liabilities. Estimates are based on historical experience and other assumptions that are considered appropriate in the circumstances. They are continuously reviewed but may vary from the actual values.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q3 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
2500000 usd
CY2022Q4 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
2400000 usd
CY2023Q3 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
2500000 usd
CY2022Q4 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
2400000 usd
CY2023Q3 BFRI Startup Cost Financing
StartupCostFinancing
7300000 usd
CY2022Q4 BFRI Startup Cost Financing
StartupCostFinancing
7300000 usd
CY2023Q3 BFRI Contract Asset
ContractAsset
-89000 usd
CY2022Q4 BFRI Contract Asset
ContractAsset
-358000 usd
CY2023Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9711000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9342000 usd
CY2023Q3 BFRI Stock Issued During Period Shares Investment In Equity Securities
StockIssuedDuringPeriodSharesInvestmentInEquitySecurities
5745678 shares
CY2022Q4 BFRI Stock Issued During Period Shares Investment In Equity Securities
StockIssuedDuringPeriodSharesInvestmentInEquitySecurities
6446946 shares
CY2022Q4 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
2400000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
100000 usd
CY2023Q3 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
2500000 usd
CY2021Q4 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
6200000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-4100000 usd
CY2022Q3 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
2100000 usd
CY2021Q4 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
246000 usd
BFRI Revenue From Contract With Customer Allowances And Reserves Provision Related To Current Period
RevenueFromContractWithCustomerAllowancesAndReservesProvisionRelatedToCurrentPeriod
691000 usd
BFRI Revenue From Contract With Customer Allowances And Reserves Credit Payments Made During Period
RevenueFromContractWithCustomerAllowancesAndReservesCreditPaymentsMadeDuringPeriod
577000 usd
CY2022Q3 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
360000 usd
CY2022Q4 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
82000 usd
CY2022Q4 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
82000 usd
BFRI Revenue From Contract With Customer Allowances And Reserves Provision Related To Current Period
RevenueFromContractWithCustomerAllowancesAndReservesProvisionRelatedToCurrentPeriod
429000 usd
BFRI Revenue From Contract With Customer Allowances And Reserves Credit Payments Made During Period
RevenueFromContractWithCustomerAllowancesAndReservesCreditPaymentsMadeDuringPeriod
378000 usd
CY2023Q3 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
133000 usd
CY2023Q3 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
133000 usd
CY2023Q3 BFRI Stock Issued During Period Shares Investment In Equity Securities
StockIssuedDuringPeriodSharesInvestmentInEquitySecurities
5745678 shares
CY2022Q4 BFRI Stock Issued During Period Shares Investment In Equity Securities
StockIssuedDuringPeriodSharesInvestmentInEquitySecurities
6446946 shares
us-gaap Equity Method Investment Additional Information
EquityMethodInvestmentAdditionalInformation
3,377,346
us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
600000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2212000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-6635000 usd
CY2023Q3 BFRI Net Losses Recognized During Period On Equity Securities Sold
NetLossesRecognizedDuringPeriodOnEquitySecuritiesSold
-345000 usd
BFRI Net Losses Recognized During Period On Equity Securities Sold
NetLossesRecognizedDuringPeriodOnEquitySecuritiesSold
-420000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-1867000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-6215000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
100000 usd
CY2023Q3 us-gaap Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
4600000 usd
CY2022Q4 us-gaap Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
4600000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1882000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1568000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2718000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3032000 usd
CY2023Q3 us-gaap Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
4600000 usd
CY2023Q3 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P11Y
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 usd
CY2023Q3 us-gaap Security Deposit
SecurityDeposit
250000 usd
CY2023Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
3000000.0 usd
us-gaap Line Of Credit Facility Annual Principal Payment
LineOfCreditFacilityAnnualPrincipalPayment
650000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3422000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17208000 usd
CY2023Q3 us-gaap Restricted Cash Equivalents Noncurrent
RestrictedCashEquivalentsNoncurrent
200000 usd
CY2022Q4 us-gaap Restricted Cash Equivalents Noncurrent
RestrictedCashEquivalentsNoncurrent
200000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3622000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17408000 usd
CY2023Q3 BFRI Legal Settlement Expenses Current
LegalSettlementExpensesCurrent
6028000 usd
CY2022Q4 BFRI Legal Settlement Expenses Current
LegalSettlementExpensesCurrent
6207000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2948000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2850000 usd
CY2023Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1253000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1353000 usd
CY2023Q3 BFRI Accrued Product Revenue Allowances And Reserves
AccruedProductRevenueAllowancesAndReserves
134000 usd
CY2022Q4 BFRI Accrued Product Revenue Allowances And Reserves
AccruedProductRevenueAllowancesAndReserves
82000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
676000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
372000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
11039000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10864000 usd
CY2023Q3 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0548 pure
CY2023Q3 us-gaap Line Of Credit
LineOfCredit
200000 usd
CY2023Q3 BFRI Legal Settlements Receivable Percentage
LegalSettlementsReceivablePercentage
0.50 pure
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000 shares
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q3 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-20
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
86951 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
62.16
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
22477 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
13.98
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
31480 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
53.58
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
77948 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
51.74
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y5M12D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
24210 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
62.23
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y9M
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1000000.0 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
CY2023Q3 BFRI Interest Expenses
InterestExpenses
43000 usd
CY2022Q3 BFRI Interest Expenses
InterestExpenses
3000 usd
BFRI Interest Expenses
InterestExpenses
77000 usd
BFRI Interest Expenses
InterestExpenses
10000 usd
CY2023Q3 BFRI Interest Expenses Related Party
InterestExpensesRelatedParty
22000 usd
BFRI Interest Expenses Related Party
InterestExpensesRelatedParty
22000 usd
CY2023Q3 BFRI Contract Asset Interest Expense
ContractAssetInterestExpense
90000 usd
CY2022Q3 BFRI Contract Asset Interest Expense
ContractAssetInterestExpense
89000 usd
BFRI Contract Asset Interest Expense
ContractAssetInterestExpense
268000 usd
BFRI Contract Asset Interest Expense
ContractAssetInterestExpense
268000 usd
CY2022Q3 us-gaap Interest Income Operating
InterestIncomeOperating
1000 usd
us-gaap Interest Income Operating
InterestIncomeOperating
110000 usd
CY2023Q3 us-gaap Interest Income Other
InterestIncomeOther
13000 usd
CY2022Q3 us-gaap Interest Income Other
InterestIncomeOther
2000 usd
us-gaap Interest Income Other
InterestIncomeOther
111000 usd
us-gaap Interest Income Other
InterestIncomeOther
8000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
142000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
89000 usd
us-gaap Interest Expense
InterestExpense
256000 usd
us-gaap Interest Expense
InterestExpense
160000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-6342000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-2566000 usd
us-gaap Net Income Loss
NetIncomeLoss
-23657000 usd
us-gaap Net Income Loss
NetIncomeLoss
2145000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1366842 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1136291 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1346264 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
978018 shares
BFRI Stock Options And Restricted Stock Units
StockOptionsAndRestrictedStockUnits
2233 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1366842 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1136291 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1346264 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
980251 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.64
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-17.57
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.19
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.64
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.26
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-17.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.19
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
option to extend the term of the lease for one five (5) year period
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
390000 usd
BFRI Interest On Lease Liabilities
InterestOnLeaseLiabilities
54000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
444000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
428000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0675 pure
CY2023Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
171000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
584000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
393000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
44000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1193000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
76000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1117000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
555000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
562000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1117000 usd
CY2021Q4 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
22500000 usd
us-gaap Description Of Nature And Effect Of Significant Changes During Period Affecting Comparability
DescriptionOfNatureAndEffectOfSignificantChangesDuringPeriodAffectingComparability
The Company matches 50% of employee contributions up to a maximum of 6% of employees’ salary.
CY2023Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
100000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
200000 usd
CY2022Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
100000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
200000 usd
us-gaap Reclassifications
Reclassifications
<p id="xdx_80A_eus-gaap--Reclassifications_zOLWREpE2sbk" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>20. <span id="xdx_82F_zqM3M0HqA2n6">Reclassification of Prior Year Presentation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 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">Certain prior year amounts have been reclassified to their own line items within the Consolidated Statement of Operations and Consolidated Statements of Cash Flow. Specifically, warrant inducement expense of $<span id="xdx_90B_eus-gaap--DeferredSalesInducementsAmortizationExpense_pn5n6_c20230101__20230930_zNE10GY7GJz" title="Inducement expense">2.6</span> million was reclassed from change in fair value of warrant liabilities for prior year presentation. These reclassifications had no effect on the reported results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 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: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Deferred Sales Inducements Amortization Expense
DeferredSalesInducementsAmortizationExpense
2600000 usd
CY2022Q2 us-gaap Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
2027-11-18
CY2022Q3 us-gaap Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
2026-12-01

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