2022 Q4 Form 10-Q Financial Statement
#000149315222031668 Filed on November 14, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $3.700K | $29.00K | $8.000K |
YoY Change | -26.0% | 262.5% | -46.67% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $4.012M | $3.650M | $3.459M |
YoY Change | 4.24% | 5.5% | 824.37% |
% of Gross Profit | |||
Research & Development | $673.6K | $989.2K | $237.4K |
YoY Change | 307.02% | 316.65% | -5.43% |
% of Gross Profit | |||
Depreciation & Amortization | $31.80K | $31.22K | $21.57K |
YoY Change | 47.91% | 44.74% | -15.31% |
% of Gross Profit | |||
Operating Expenses | $4.686M | $4.639M | $3.697M |
YoY Change | 16.72% | 25.48% | 491.22% |
Operating Profit | -$4.610M | -$3.689M | |
YoY Change | 24.97% | ||
Interest Expense | $116.1K | $28.84K | -$495.6K |
YoY Change | -154.31% | -105.82% | 1062.99% |
% of Operating Profit | |||
Other Income/Expense, Net | $218.2K | -$46.13K | -$495.5K |
YoY Change | -90.69% | ||
Pretax Income | -$4.348M | -$4.656M | -$4.184M |
YoY Change | -78.69% | 11.27% | 400.35% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$4.348M | -$4.656M | -$4.184M |
YoY Change | -78.69% | 11.27% | 400.35% |
Net Earnings / Revenue | -117501.35% | -16054.57% | -52302.88% |
Basic Earnings Per Share | -$1.28 | -$4.99 | |
Diluted Earnings Per Share | -$1.19 | -$1.278M | -$4.989M |
COMMON SHARES | |||
Basic Shares Outstanding | 3.674M shares | 3.646M shares | |
Diluted Shares Outstanding | 3.642M shares | 838.7K shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $14.75M | $16.49M | $1.130M |
YoY Change | -29.85% | 1359.37% | 541.92% |
Cash & Equivalents | $1.677M | $6.573M | $1.130M |
Short-Term Investments | $13.07M | $9.914M | |
Other Short-Term Assets | $363.1K | $356.1K | $31.96K |
YoY Change | -16.76% | 1014.05% | 36.35% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $16.00K | $45.00K | $8.000K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $15.13M | $16.89M | $1.170M |
YoY Change | -29.53% | 1343.81% | 445.48% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $261.0K | $231.3K | $397.0K |
YoY Change | 586.98% | -41.73% | -25.31% |
Goodwill | |||
YoY Change | |||
Intangibles | $803.4K | $530.3K | |
YoY Change | 36.24% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $1.306M | $1.032M | $1.005M |
YoY Change | 32.54% | 2.69% | -17.22% |
TOTAL ASSETS | |||
Total Short-Term Assets | $15.13M | $16.89M | $1.170M |
Total Long-Term Assets | $1.306M | $1.032M | $1.005M |
Total Assets | $16.43M | $17.92M | $2.175M |
YoY Change | -26.81% | 723.9% | 52.21% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $170.9K | $468.5K | $124.6K |
YoY Change | 236.24% | 276.12% | 145.83% |
Accrued Expenses | $130.1K | $114.6K | $704.7K |
YoY Change | -3.63% | -83.73% | 237.05% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $0.00 | $0.00 | $44.17K |
YoY Change | -100.0% | -100.0% | |
Total Short-Term Liabilities | $440.3K | $717.2K | $873.5K |
YoY Change | 21.02% | -17.89% | -36.45% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $5.848M |
YoY Change | -100.0% | -100.0% | |
Other Long-Term Liabilities | $162.3K | $198.7K | $332.8K |
YoY Change | -46.19% | -40.28% | -97.8% |
Total Long-Term Liabilities | $162.3K | $198.7K | $6.181M |
YoY Change | -67.05% | -96.78% | -59.19% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $440.3K | $717.2K | $873.5K |
Total Long-Term Liabilities | $162.3K | $198.7K | $6.181M |
Total Liabilities | $602.6K | $915.9K | $7.054M |
YoY Change | -29.64% | -87.02% | -57.3% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$152.6M | -$148.3M | |
YoY Change | 13.79% | ||
Common Stock | $369.00 | $365.00 | |
YoY Change | 4.53% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $15.83M | $17.00M | -$4.879M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $16.43M | $17.92M | $2.175M |
YoY Change | -26.81% | 723.9% | 52.21% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.348M | -$4.656M | -$4.184M |
YoY Change | -78.69% | 11.27% | 400.35% |
Depreciation, Depletion And Amortization | $31.80K | $31.22K | $21.57K |
YoY Change | 47.91% | 44.74% | -15.31% |
Cash From Operating Activities | -$1.573M | -$1.452M | -$629.4K |
YoY Change | 37.41% | 130.65% | 20.32% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $217.6K | $24.61K | |
YoY Change | -809.65% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$3.106M | -$9.934M | |
YoY Change | |||
Cash From Investing Activities | -$3.323M | -$9.909M | |
YoY Change | 10738.85% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 0.000 | 0.000 |
YoY Change | -100.0% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -1.573M | -1.452M | -629.4K |
Cash From Investing Activities | -3.323M | -9.909M | |
Cash From Financing Activities | 0.000 | 0.000 | 0.000 |
Net Change In Cash | -4.897M | -11.36M | -629.4K |
YoY Change | -124.61% | 1705.1% | 415.4% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.573M | -$1.452M | -$629.4K |
Capital Expenditures | $217.6K | $24.61K | |
Free Cash Flow | -$1.791M | -$1.476M | |
YoY Change | 60.71% |
Facts In Submission
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---|---|---|---|---|
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Gain On Ppp Loan Forgiveness
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10-Q | ||
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BIORESTORATIVE THERAPIES, INC. | ||
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|
-1601551 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4655825 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4184232 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-14147216 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23900157 | usd | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.28 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-4.99 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.93 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-30.31 | ||
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3642215 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
838689 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3602979 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
788564 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21596949 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1164135 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
2138949 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
72819 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4816150 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20156702 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1190350 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1865297 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
48504 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4675241 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18585612 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1209231 | usd |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1068498 | usd | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-19895 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
88751 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
67612 | usd | |
BRTX |
Share Based Compensation Options
ShareBasedCompensationOptions
|
5869543 | usd | |
BRTX |
Share Based Compensation Options
ShareBasedCompensationOptions
|
17422328 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
121323 | usd | |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1865297 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4655825 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17004315 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1331492 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
213673 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
179098 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
13897669 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15653330 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2694382 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
103703 | usd |
CY2021Q2 | BRTX |
Shares Issued In Cashless Exercise Of Warrants
SharesIssuedInCashlessExerciseOfWarrants
|
-82131 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1164135 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1762329 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4062595 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3808941 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
21000 | usd |
CY2021Q3 | BRTX |
Fair Market Value Of Beneficial Conversion Feature And Warrants Issued With Convertible Notes Payable Instruments
FairMarketValueOfBeneficialConversionFeatureAndWarrantsIssuedWithConvertibleNotesPayableInstruments
|
166404 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1164135 | usd |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1762330 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4184232 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4879304 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-14147216 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23900157 | usd | |
BRTX |
Share Based Compensation Restricted Stock Award
ShareBasedCompensationRestrictedStockAward
|
3563716 | usd | |
BRTX |
Share Based Compensation Restricted Stock Award
ShareBasedCompensationRestrictedStockAward
|
2507368 | usd | |
BRTX |
Shares Issued In Settlement Of Litigation
SharesIssuedInSettlementOfLitigation
|
21000 | usd | |
BRTX |
Gain On Ppp Loan Forgiveness
GainOnPppLoanForgiveness
|
250000 | usd | |
BRTX |
Noncash Lease Expense
NoncashLeaseExpense
|
87033 | usd | |
BRTX |
Noncash Lease Expense
NoncashLeaseExpense
|
87033 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
40000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-9000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-80135 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-73451 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
417674 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
5707 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-20321 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
528015 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-87945 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-74749 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4297412 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2184894 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
9933562 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
222642 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10156204 | usd | |
us-gaap |
Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
|
250000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
250000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-14453616 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1934894 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
21026727 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3064610 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
6573111 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1129716 | usd |
us-gaap |
Stock Issued1
StockIssued1
|
317376 | usd | |
BRTX |
Bifurcated Embedded Conversion Options And Warrants Recorded As Derivative Liability And Debt Discount
BifurcatedEmbeddedConversionOptionsAndWarrantsRecordedAsDerivativeLiabilityAndDebtDiscount
|
166404 | usd | |
BRTX |
Accrued Dip Expenses Exchanged For Convertible Notes
AccruedDipExpensesExchangedForConvertibleNotes
|
698901 | usd | |
CY2021Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-4,000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
23000000 | usd |
CY2021Q4 | BRTX |
Securities Pursuant Aggregate Shares
SecuritiesPursuantAggregateShares
|
2300000 | shares |
CY2021Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
2645000 | shares |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-14100000 | usd | |
CY2022Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
9600000 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4300000 | usd | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_846_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zTzdETeYIOhe" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span id="xdx_867_zAZfcGMOuQT8">Prior Period Reclassifications</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="background-color: white">Certain prior period amounts have been reclassified for consistency with current period presentation. These reclassifications had no effect on the condensed consolidated statements of operations or cash flows.</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"/></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> | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5284121 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_848_eus-gaap--UseOfEstimates_z4gzFz6WXIeh" 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"><i><span id="xdx_866_zsh6WmBFjAY7">Use of Estimates</span></i></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; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, equity-based transactions, revenue and expenses and disclosure of contingent liabilities at the date of the unaudited condensed consolidated financial statements. The Company bases its estimates and assumptions on historical experience, known or expected trends and various other assumptions that it believes to be reasonable. As future events and their effects cannot be determined with precision, actual results could differ from these estimates which may cause the Company’s future results to be affected.</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; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company believes the following critical accounting policies affect its more significant judgments and estimates used in the preparation of the accompanying unaudited condensed consolidated financial statements. Significant estimates include the carrying value of intangible assets, deferred tax asset and valuation allowance, and assumptions used in the Black-Scholes option pricing model, such as expected volatility, risk-free interest rate, and expected dividend rate.</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"/></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> | ||
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
29000 | usd |
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
8000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
116100 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
41000 | usd | |
CY2022Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
16500000 | usd |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5812418 | shares | |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
4898305 | usd |
CY2022Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
9913667 | usd |
CY2022Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5812418 | shares |
CY2021Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5284121 | shares |
CY2021Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
12876004 | shares |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
664268 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
74528 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
589740 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
59442 | usd | |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
530298 | usd |
CY2022Q3 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
26250 | usd |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
28370 | usd |
CY2021Q4 | BRTX |
Accrued Research And Development Expenses
AccruedResearchAndDevelopmentExpenses
|
29672 | usd |
CY2022Q3 | BRTX |
Accrued General And Administrative Expenses
AccruedGeneralAndAdministrativeExpenses
|
88397 | usd |
CY2021Q4 | BRTX |
Accrued General And Administrative Expenses
AccruedGeneralAndAdministrativeExpenses
|
76928 | usd |
CY2022Q3 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
114647 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
134970 | usd |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1175000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2500000 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
838549 | shares |
CY2022Q3 | BRTX |
Description Of Stock Optopn Held By Officer And Director
DescriptionOfStockOptopnHeldByOfficerAndDirector
|
(i) Lance Alstodt, the Company’s President, Chief Executive Officer and Chairman of the Board: 335,538 shares, (ii) Francisco Silva, the Company’s Vice President of Research and Development and a director: 335,538 shares; (iii) Robert Kristal, the Company’s Chief Financial Officer: 10,490 shares; (iv) Robert Paccasassi, the Company’s Vice President of Quality Assurance and Regulatory Compliance: 8,277 shares; (v) Nickolay Kukekov, one of the Company’s directors: 25,236 shares; (vi) Patrick F. Williams, one of the Company’s directors: 10,490 shares; and (vii) David Rosa, one of the Company’s directors: 10,490 shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
30 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
3273.00 | ||
CY2022Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1900000 | usd |
CY2021Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1700000 | usd |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
6000000.0 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
17400000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
25000 | shares | |
BRTX |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.88 | ||
CY2022Q3 | BRTX |
Unamortized Compensation Expense
UnamortizedCompensationExpense
|
90000.00 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
586959 | shares | |
BRTX |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
47.25 | ||
CY2021Q3 | BRTX |
Unamortized Compensation Expense
UnamortizedCompensationExpense
|
3200000 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
864609 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
18.73 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
839639 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
18.73 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
25000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
4.92 | ||
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
532045 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
17.50 | |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3100000 | usd |
CY2021Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2900000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9600000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
19900000 | usd | |
CY2022Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
10800000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
118779 | usd | |
BRTX |
Operating Lease Liability Reduction
OperatingLeaseLiabilityReduction
|
87945 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
122349 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
118779 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
122349 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
118779 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
122349 | usd | |
BRTX |
Operating Lease Liability Reduction
OperatingLeaseLiabilityReduction
|
74749 | usd | |
CY2022Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
270772 | usd |
CY2021Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
386816 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
134031 | usd |
CY2021Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
114387 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
198724 | usd |
CY2021Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
332755 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
40783 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
168028 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
173060 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
381871 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
49116 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
332755 | usd |