2024 Q2 Form 10-Q Financial Statement

#000149315224019878 Filed on May 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $7.839M $7.912M $8.733M
YoY Change 34.05% -9.4% -10.44%
Cost Of Revenue $4.342M $4.116M $4.598M
YoY Change 50.35% -10.48% -10.72%
Gross Profit $3.497M $3.796M $4.135M
YoY Change 18.14% -8.2% -10.13%
Gross Profit Margin 44.61% 47.98% 47.35%
Selling, General & Admin $7.947M $9.250M $9.800M
YoY Change -30.63% -5.61% 27.09%
% of Gross Profit 227.25% 243.68% 237.0%
Research & Development $621.0K $17.00K
YoY Change 5545.45%
% of Gross Profit 17.76% 0.45%
Depreciation & Amortization $130.0K $21.00K $22.00K
YoY Change 3.17% -4.55% -83.21%
% of Gross Profit 3.72% 0.55% 0.53%
Operating Expenses $12.91M $13.38M $14.23M
YoY Change -11.25% -5.95% 84.48%
Operating Profit -$5.071M -$5.467M -$5.500M
YoY Change -41.71% -0.6% 76.85%
Interest Expense $620.0K $1.421M $2.000K
YoY Change 684.81% 70950.0% -106.06%
% of Operating Profit
Other Income/Expense, Net $4.834M -$4.969M -$1.981M
YoY Change -530.07% 150.83% -122.68%
Pretax Income -$237.0K -$10.44M -$7.473M
YoY Change -97.59% 39.65% -233.66%
Income Tax $20.00K $1.000K $5.000K
% Of Pretax Income
Net Earnings -$257.0K -$10.44M -$7.478M
YoY Change -97.39% 39.57% -234.47%
Net Earnings / Revenue -3.28% -131.91% -85.63%
Basic Earnings Per Share -$0.05 -$2.88 -$0.28
Diluted Earnings Per Share -$0.05 -$2.88 -$0.28
COMMON SHARES
Basic Shares Outstanding 5.089M shares 5.089M shares 26.70M shares
Diluted Shares Outstanding 5.091M shares 3.624M shares 26.70M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.389M $3.840M $21.10M
YoY Change -57.75% -81.8% -6.45%
Cash & Equivalents $4.379M $3.817M $13.51M
Short-Term Investments $10.00K $23.00K $7.596M
Other Short-Term Assets $5.632M $5.719M $1.586M
YoY Change 506.24% 260.59% 27.39%
Inventory $3.946M $6.905M $6.670M
Prepaid Expenses
Receivables $3.504M $3.691M $7.866M
Other Receivables $0.00 $0.00 $3.750M
Total Short-Term Assets $17.47M $20.16M $37.22M
YoY Change -45.9% -45.85% -12.48%
LONG-TERM ASSETS
Property, Plant & Equipment $101.0K $120.0K $197.0K
YoY Change -42.29% -39.09% -19.59%
Goodwill
YoY Change
Intangibles $2.448M $2.556M $2.927M
YoY Change -13.28% -12.68%
Long-Term Investments
YoY Change
Other Assets $324.0K $328.0K $384.0K
YoY Change -35.71% -14.58% 43.28%
Total Long-Term Assets $4.103M $4.420M $4.742M
YoY Change -10.98% -6.79% -28.92%
TOTAL ASSETS
Total Short-Term Assets $17.47M $20.16M $37.22M
Total Long-Term Assets $4.103M $4.420M $4.742M
Total Assets $21.57M $24.58M $41.97M
YoY Change -41.54% -41.44% -14.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.678M $6.761M $887.0K
YoY Change 276.35% 662.23% 55.34%
Accrued Expenses $3.593M $4.230M $11.14M
YoY Change -66.53% -62.01% 42.41%
Deferred Revenue
YoY Change
Short-Term Debt $296.0K $2.355M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $9.268M $14.04M $20.45M
YoY Change -63.44% -31.36% 65.47%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $31.00K $33.00K $24.00K
YoY Change -22.5% 37.5% -99.88%
Total Long-Term Liabilities $31.00K $33.00K $24.00K
YoY Change -22.5% 37.5% -99.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.268M $14.04M $20.45M
Total Long-Term Liabilities $31.00K $33.00K $24.00K
Total Liabilities $10.66M $26.42M $25.21M
YoY Change -64.14% 4.79% -20.68%
SHAREHOLDERS EQUITY
Retained Earnings -$110.3M -$110.1M -$87.00M
YoY Change 13.95% 26.55%
Common Stock $5.000K $5.000K $27.00K
YoY Change -81.48% -81.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.91M -$5.416M $16.75M
YoY Change
Total Liabilities & Shareholders Equity $21.57M $24.58M $41.97M
YoY Change -41.54% -41.44% -14.71%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$257.0K -$10.44M -$7.478M
YoY Change -97.39% 39.57% -234.47%
Depreciation, Depletion And Amortization $130.0K $21.00K $22.00K
YoY Change 3.17% -4.55% -83.21%
Cash From Operating Activities -$4.720M -$3.325M -$3.700M
YoY Change -54.33% -10.14% 75.19%
INVESTING ACTIVITIES
Capital Expenditures $2.000K $57.00K $14.00K
YoY Change 307.14% -380.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $57.00K
YoY Change -100.0%
Cash From Investing Activities -$2.000K -$14.00K
YoY Change -101.12% 180.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.284M $5.799M
YoY Change 377.76%
NET CHANGE
Cash From Operating Activities -4.720M -$3.325M -$3.700M
Cash From Investing Activities -2.000K -$14.00K
Cash From Financing Activities 5.284M $5.799M
Net Change In Cash 562.0K $2.474M -$3.703M
YoY Change -106.21% -166.81% 74.92%
FREE CASH FLOW
Cash From Operating Activities -$4.720M -$3.325M -$3.700M
Capital Expenditures $2.000K $57.00K $14.00K
Free Cash Flow -$4.722M -$3.382M -$3.714M
YoY Change -54.32% -8.94% 76.27%

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IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
274000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3325000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3689000 usd
CY2024Q1 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
57000 usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
57000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14000 usd
CY2024Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
7662000 usd
CY2024Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
1506000 usd
CY2024Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
357000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5799000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2474000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3703000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1543000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17408000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4017000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13705000 usd
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
1173000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
22000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3700000 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-110100000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
7300000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3800000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1300000 usd
CY2024Q1 BFRI Discretionary Expenses
DiscretionaryExpenses
5500000 usd
CY2023Q3 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-20
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84D_eus-gaap--UseOfEstimates_zqF82OPw0Ef7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span id="xdx_86B_zdbQkL3uQMI7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of Estimates</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q1 BFRI Fair Value Warrant Liability Purchase Warrant
FairValueWarrantLiabilityPurchaseWarrant
11731000 usd
CY2023Q4 BFRI Fair Value Warrant Liability Purchase Warrant
FairValueWarrantLiabilityPurchaseWarrant
4210000 usd
CY2024Q1 BFRI Stock Issued During Period Shares Investment In Equity Securities
StockIssuedDuringPeriodSharesInvestmentInEquitySecurities
63415 shares
CY2023Q4 BFRI Stock Issued During Period Shares Investment In Equity Securities
StockIssuedDuringPeriodSharesInvestmentInEquitySecurities
177465 shares
CY2022Q4 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
82000 usd
CY2023Q1 BFRI Revenue From Contract With Customer Allowances And Reserves Provision Related To Current Period
RevenueFromContractWithCustomerAllowancesAndReservesProvisionRelatedToCurrentPeriod
99000 usd
CY2023Q1 BFRI Revenue From Contract With Customer Allowances And Reserves Credit Payments Made During Period
RevenueFromContractWithCustomerAllowancesAndReservesCreditPaymentsMadeDuringPeriod
112000 usd
CY2023Q1 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
69000 usd
CY2023Q4 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
112000 usd
CY2023Q4 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
112000 usd
CY2024Q1 BFRI Revenue From Contract With Customer Allowances And Reserves Provision Related To Current Period
RevenueFromContractWithCustomerAllowancesAndReservesProvisionRelatedToCurrentPeriod
53000 usd
CY2024Q1 BFRI Revenue From Contract With Customer Allowances And Reserves Credit Payments Made During Period
RevenueFromContractWithCustomerAllowancesAndReservesCreditPaymentsMadeDuringPeriod
25000 usd
CY2024Q1 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
140000 usd
CY2024Q1 BFRI Revenue From Contract With Customer Allowances And Reserves
RevenueFromContractWithCustomerAllowancesAndReserves
140000 usd
CY2024Q1 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
100000 usd
CY2024Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2941000 usd
CY2024Q1 BFRI Net Losses Recognized During Period On Equity Securities Sold
NetLossesRecognizedDuringPeriodOnEquitySecuritiesSold
-98000 usd
CY2024Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
101000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-2941000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
300000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
200000 usd
CY2024Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
49000 usd
CY2023Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
15000 usd
CY2024Q1 us-gaap Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
4600000 usd
CY2023Q4 us-gaap Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
4600000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2093000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1986000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2556000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2629000 usd
CY2024Q1 us-gaap Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
4600000 usd
CY2024Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P11Y
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 usd
CY2024Q1 us-gaap Cash Uninsured Amount
CashUninsuredAmount
3700000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3817000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1343000 usd
CY2024Q1 us-gaap Restricted Cash Equivalents Noncurrent
RestrictedCashEquivalentsNoncurrent
200000 usd
CY2023Q4 us-gaap Restricted Cash Equivalents Noncurrent
RestrictedCashEquivalentsNoncurrent
200000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4017000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1543000 usd
CY2023Q4 BFRI Accrued Legal Settlement Expenses Current
AccruedLegalSettlementExpensesCurrent
403000 usd
CY2024Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2968000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2185000 usd
CY2024Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
530000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1064000 usd
CY2024Q1 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
97000 usd
CY2023Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
118000 usd
CY2024Q1 BFRI Accrued Product Revenue Allowances And Reserves
AccruedProductRevenueAllowancesAndReserves
176000 usd
CY2023Q4 BFRI Accrued Product Revenue Allowances And Reserves
AccruedProductRevenueAllowancesAndReserves
149000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
459000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
568000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4230000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4487000 usd
CY2023Q4 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 Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5089413 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
99486 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
39.36
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
10076 shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.56
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
89410 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
42.83
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y6M
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
30302 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
63.37
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P8Y
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
700000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M4D
CY2024Q1 us-gaap Interest Expense
InterestExpense
1421000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
2000 usd
CY2023Q1 BFRI Contract Asset Interest Expense
ContractAssetInterestExpense
89000 usd
CY2024Q1 BFRI Interest Income
InterestIncome
14000 usd
CY2023Q1 BFRI Interest Income
InterestIncome
56000 usd
CY2024Q1 BFRI Interest Expense Net
InterestExpenseNet
1407000 usd
CY2023Q1 BFRI Interest Expense Net
InterestExpenseNet
35000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-10437000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-7478000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3623593 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3623593 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1334950 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1334950 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.88
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.88
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.60
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.60
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6793892 shares
CY2024Q1 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
option to extend the term of the lease for one five (5)-year period
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
573000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
582000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
238000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
31000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1424000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
113000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1311000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
690000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
621000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1311000 usd

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