2024 Q1 Form 10-K Financial Statement

#000162828024009380 Filed on March 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $22.15M $21.20M $83.57M
YoY Change -1.79% 0.95% 15.99%
Cost Of Revenue $8.697M $8.259M $32.79M
YoY Change -3.77% -8.03% 12.09%
Gross Profit $13.46M $12.94M $50.78M
YoY Change -0.46% 7.66% 18.65%
Gross Profit Margin 60.74% 61.04% 60.76%
Selling, General & Admin $12.09M $11.95M $51.42M
YoY Change -15.4% -1.93% -9.15%
% of Gross Profit 89.86% 92.34% 101.26%
Research & Development $2.095M $1.159M $4.958M
YoY Change 75.61% -9.38% 2.74%
% of Gross Profit 15.57% 8.96% 9.76%
Depreciation & Amortization $178.0K $216.0K $870.0K
YoY Change -21.93% -18.18% 0.12%
% of Gross Profit 1.32% 1.67% 1.71%
Operating Expenses $14.19M $13.11M $56.38M
YoY Change -8.39% -2.64% -8.21%
Operating Profit -$731.0K -$168.0K -$5.599M
YoY Change -62.86% -88.37% -69.94%
Interest Expense $239.0K $282.0K $661.0K
YoY Change 262.12% 984.62% 21933.33%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0%
Pretax Income -$492.0K $114.0K -$4.938M
YoY Change -74.13% -108.04% -70.15%
Income Tax
% Of Pretax Income
Net Earnings -$492.0K $114.0K -$4.938M
YoY Change -74.13% -108.04% -70.15%
Net Earnings / Revenue -2.22% 0.54% -5.91%
Basic Earnings Per Share -$0.01 -$0.07
Diluted Earnings Per Share -$0.01 $0.00 -$0.07
COMMON SHARES
Basic Shares Outstanding 75.31M shares 75.12M shares 74.99M shares
Diluted Shares Outstanding 75.23M shares 74.99M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.57M $27.17M $27.17M
YoY Change 19.91% 34.25% 34.25%
Cash & Equivalents $27.40M $27.20M
Short-Term Investments
Other Short-Term Assets $2.312M $2.602M $2.602M
YoY Change -5.52% -17.84% -17.84%
Inventory $12.50M $14.53M $14.53M
Prepaid Expenses
Receivables $6.604M $2.434M $2.434M
Other Receivables $0.00 $2.800M $2.800M
Total Short-Term Assets $48.98M $49.53M $49.53M
YoY Change 5.18% 6.37% 6.37%
LONG-TERM ASSETS
Property, Plant & Equipment $4.226M $4.537M $4.537M
YoY Change -30.04% -28.23% -28.23%
Goodwill
YoY Change
Intangibles $472.0K $510.0K
YoY Change -25.08% -23.99%
Long-Term Investments
YoY Change
Other Assets $405.0K $383.0K $383.0K
YoY Change -23.87% -22.94% -22.94%
Total Long-Term Assets $5.103M $5.430M $5.430M
YoY Change -29.15% -27.5% -27.5%
TOTAL ASSETS
Total Short-Term Assets $48.98M $49.53M $49.53M
Total Long-Term Assets $5.103M $5.430M $5.430M
Total Assets $54.08M $54.96M $54.96M
YoY Change 0.58% 1.68% 1.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.899M $10.23M $10.23M
YoY Change -11.75% 5.71% 5.71%
Accrued Expenses $10.47M $9.493M $10.18M
YoY Change 21.54% 29.39% 27.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.00K $11.00K $11.00K
YoY Change -35.29% -31.25% -31.25%
Total Short-Term Liabilities $19.45M $20.62M $20.62M
YoY Change 5.59% 15.41% 15.41%
LONG-TERM LIABILITIES
Long-Term Debt $9.000K $12.00K $12.00K
YoY Change -55.0% -45.45% -45.45%
Other Long-Term Liabilities $5.667M $5.874M $5.874M
YoY Change -22.45% -21.62% -21.62%
Total Long-Term Liabilities $5.676M $5.886M $5.886M
YoY Change -22.54% -21.69% -21.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.45M $20.62M $20.62M
Total Long-Term Liabilities $5.676M $5.886M $5.886M
Total Liabilities $25.13M $26.51M $26.51M
YoY Change -2.42% 4.42% 4.42%
SHAREHOLDERS EQUITY
Retained Earnings -$191.0M -$190.5M
YoY Change 1.88% 2.68%
Common Stock $75.00K $75.00K
YoY Change 1.35% 1.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $28.95M $28.46M $28.46M
YoY Change
Total Liabilities & Shareholders Equity $54.08M $54.96M $54.96M
YoY Change 0.58% 1.68% 1.68%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$492.0K $114.0K -$4.938M
YoY Change -74.13% -108.04% -70.15%
Depreciation, Depletion And Amortization $178.0K $216.0K $870.0K
YoY Change -21.93% -18.18% 0.12%
Cash From Operating Activities $300.0K $649.0K $7.100M
YoY Change -89.29% -297.87% -147.02%
INVESTING ACTIVITIES
Capital Expenditures $41.00K $21.00K $148.0K
YoY Change -54.95% -87.79% -55.69%
Acquisitions
YoY Change
Other Investing Activities -$5.000K $5.000K
YoY Change
Cash From Investing Activities -$41.00K -$21.00K -$143.0K
YoY Change -54.95% -87.79% -57.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$14.00K -76.00K -$90.00K
YoY Change 1300.0% -100.99% -101.18%
NET CHANGE
Cash From Operating Activities $300.0K 649.0K $7.100M
Cash From Investing Activities -$41.00K -21.00K -$143.0K
Cash From Financing Activities -$14.00K -76.00K -$90.00K
Net Change In Cash $240.0K 552.0K $6.884M
YoY Change -91.11% -92.31% -188.51%
FREE CASH FLOW
Cash From Operating Activities $300.0K $649.0K $7.100M
Capital Expenditures $41.00K $21.00K $148.0K
Free Cash Flow $259.0K $628.0K $6.952M
YoY Change -90.44% -225.6% -145.04%

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ProceedsFromTheSaleOfLeaseholdImprovementsAndEquipmentNet
5000 usd
CY2022 cdxc Proceeds From The Sale Of Leasehold Improvements And Equipment Net
ProceedsFromTheSaleOfLeaseholdImprovementsAndEquipmentNet
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-143000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-334000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7747000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
75000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
77000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
15000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
16000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-90000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7654000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6884000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7778000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
152000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
152000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20441000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28219000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
152000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
152000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27325000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20441000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
2000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
610000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
507000 usd
CY2023 cdxc Right Of Use Assets And Operating Lease Liabilities Reduced For Entering Into Lease Amendment
RightOfUseAssetsAndOperatingLeaseLiabilitiesReducedForEnteringIntoLeaseAmendment
446000 usd
CY2022 cdxc Right Of Use Assets And Operating Lease Liabilities Reduced For Entering Into Lease Amendment
RightOfUseAssetsAndOperatingLeaseLiabilitiesReducedForEnteringIntoLeaseAmendment
0 usd
CY2023 cdxc Finance Lease Obligation Incurred For Purchase Of Computer Equipment And Software
FinanceLeaseObligationIncurredForPurchaseOfComputerEquipmentAndSoftware
0 usd
CY2022 cdxc Finance Lease Obligation Incurred For Purchase Of Computer Equipment And Software
FinanceLeaseObligationIncurredForPurchaseOfComputerEquipmentAndSoftware
34000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4958000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24983000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
56379000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-5599000 usd
CY2022 us-gaap Revenues
Revenues
72050000 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
29253000 usd
CY2022 us-gaap Gross Profit
GrossProfit
42797000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
28313000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4826000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
Nature of Business<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ChromaDex Corporation and its wholly owned subsidiaries, ChromaDex, Inc., ChromaDex International, Inc., ChromaDex Analytics, Inc., ChromaDex Asia Limited, Asia Pacific Scientific, Inc., ChromaDex Europa B.V. and ChromaDex Sağlik Ürünleri Anonim Şirketi (collectively, “ChromaDex” or the “Company”) are a global bioscience company dedicated to healthy aging. The ChromaDex team, which includes world-renowned scientists, is pioneering research on nicotinamide adenine dinucleotide (NAD+), an essential coenzyme that is a key regulator of cellular metabolism and is found in every cell of the human body. NAD+ levels in humans have been shown to decline with age, among other factors, and may be increased through supplementation with NAD+ precursors.</span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ChromaDex is the innovator behind the NAD+ precursor nicotinamide riboside (NR), commercialized as the flagship ingredient Niagen®. Nicotinamide riboside and other NAD+ precursors are protected by ChromaDex’s patent and/or licensed rights portfolio. The Company delivers Niagen® as the sole active ingredient in its consumer product Tru Niagen®. The Company further develops and commercializes proprietary-based ingredient technologies and supplies these ingredients as raw materials to the manufacturers of consumer products. Additionally, the Company offers natural product fine chemicals, known as phytochemicals, and related research and development services.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Accounting Estimates</span>: The preparation of financial statements requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3300000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
4000000 usd
CY2023 cdxc Shipping And Handling Fees
ShippingAndHandlingFees
567000 usd
CY2022 cdxc Shipping And Handling Fees
ShippingAndHandlingFees
428000 usd
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
17700000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
10500000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
152000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
152000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Credit Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">: Financial instruments that potentially expose the Company to concentration of credit risk consist primarily of cash and cash equivalents and trade receivables. Cash and cash equivalents, consist of bank deposits </span><span style="color:#212529;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and short-term investments, including low-risk, fixed-income investments and highly liquid investment-grade debt instruments with an original maturity of three months or less. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains several bank accounts for its operations primarily at three financial institutions in the U.S. and one financial institution in Hong Kong. The Company’s U.S. bank accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 at each institution. Management believes the Company is not exposed to significant credit risk due to the financial position of the depository institutions in which these deposits are held. Notably, the Company engages in a sweep service with the U.S. institution holding the largest portion of the Company's funds. This service conducts nightly transfers, ensuring that the Company's cash balances exceeding the FDIC limit are judiciously distributed to other reputable banking partners. These transfers are strategically executed in amounts below the FDIC threshold, thereby optimizing the Company's cash balance protection. The Company’s trade receivables are derived from sales to its customers. The Company assesses credit risk of its customers through quantitative and qualitative analysis. From this analysis, the Company establishes credit limits and manages the risk exposure. The Company, however, may from time-to-time incur credit losses due to bankruptcy or other failures from its customers to pay.</span></div>
CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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69729000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69729000 shares
CY2023 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
589000 shares
CY2022 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
650000 shares
CY2023 cdxc Nonvested Shares Of Restricted Stock
NonvestedSharesOfRestrictedStock
174000 shares
CY2022 cdxc Nonvested Shares Of Restricted Stock
NonvestedSharesOfRestrictedStock
183000 shares
CY2023Q4 us-gaap Unrecognized Tax Benefits
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0 usd
CY2023 us-gaap Advertising Expense
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10300000 usd
CY2022 us-gaap Advertising Expense
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11400000 usd
CY2023 us-gaap Number Of Reportable Segments
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3 reportable_segment
CY2022 us-gaap Number Of Reportable Segments
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3 reportable_segment
CY2023 us-gaap Revenues
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83570000 usd
CY2023 us-gaap Cost Of Revenue
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32790000 usd
CY2023 us-gaap Gross Profit
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50780000 usd
CY2023 us-gaap Selling And Marketing Expense
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26438000 usd
CY2023 us-gaap Net Income Loss
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-4900000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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7100000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27200000 usd
CY2023 us-gaap Net Income Loss
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-4938000 usd
CY2022 us-gaap Net Income Loss
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-16540000 usd
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2023 us-gaap Earnings Per Share Basic
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-0.07
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
CY2022 us-gaap Earnings Per Share Basic
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-0.24
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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74985000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
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74985000 shares
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28286000 usd
CY2022 us-gaap Operating Expenses
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61425000 usd
CY2022 us-gaap Operating Income Loss
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-18628000 usd
CY2023 us-gaap Revenues
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83570000 usd
CY2022 us-gaap Revenues
Revenues
72050000 usd
CY2023 us-gaap Proceeds From Customers
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25000000.0 usd
CY2022 us-gaap Proceeds From Customers
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21800000 usd
CY2023 us-gaap Provision For Doubtful Accounts
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964000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
15900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
510000 usd
CY2023Q4 us-gaap Inventory Finished Goods
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5962000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
7901000 usd
CY2023Q4 us-gaap Inventory Work In Process
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3537000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2992000 usd
CY2023Q4 us-gaap Inventory Raw Materials
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4478000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
3284000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
548000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
500000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
14525000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
14677000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1849000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2318000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
510000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
671000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
158000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
186000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
151000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
151000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
151000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
42000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
12000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
7547000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
7353000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
5410000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
4554000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
2137000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
2799000 usd
CY2023 us-gaap Depreciation
Depreciation
870000 usd
CY2022 us-gaap Depreciation
Depreciation
869000 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
5000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-7000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
355000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
355000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1000000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1200000 usd
CY2023 cdxc Lessee Operating Lease Number Of Extension Options
LesseeOperatingLeaseNumberOfExtensionOptions
1 extension_option
CY2023Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2400000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3500000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3300000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4200000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
905000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
941000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
293000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
176000 usd
CY2023 cdxc Total Operating Lease Expenses
TotalOperatingLeaseExpenses
1198000 usd
CY2022 cdxc Total Operating Lease Expenses
TotalOperatingLeaseExpenses
1117000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
16000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
164000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
1214000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
1281000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M24D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.070
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
832000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1135000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
901000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
491000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
358000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
30000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3747000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
493000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3254000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
691000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2563000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y2M12D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.754
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.764
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.036
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.023
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023Q4 us-gaap Share Price
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1.43
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.108
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.032
CY2023 cdxc Change In State Tax Rate
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0.003
CY2022 cdxc Change In State Tax Rate
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-0.003
CY2023 cdxc Effective Income Tax Rate Reconciliation Tax Expirations Of Net Operating Losses
EffectiveIncomeTaxRateReconciliationTaxExpirationsOfNetOperatingLosses
-0.003
CY2022 cdxc Effective Income Tax Rate Reconciliation Tax Expirations Of Net Operating Losses
EffectiveIncomeTaxRateReconciliationTaxExpirationsOfNetOperatingLosses
0.016
CY2023Q4 us-gaap Share Price
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1.43
CY2023Q4 us-gaap Share Price
SharePrice
1.43
CY2023 us-gaap Share Based Compensation
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4751000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
5739000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
3500000 usd
CY2022 cdxc Supply Commitment Milestone Payment
SupplyCommitmentMilestonePayment
0 usd
CY2023 cdxc Supply Commitment Milestone Payment
SupplyCommitmentMilestonePayment
0 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
644000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
391000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3311000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3955000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.055
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.055
CY2023 cdxc Effective Income Tax Rate Reconciliation Tax Change In Stock Options And Restricted Stock
EffectiveIncomeTaxRateReconciliationTaxChangeInStockOptionsAndRestrictedStock
-0.127
CY2022 cdxc Effective Income Tax Rate Reconciliation Tax Change In Stock Options And Restricted Stock
EffectiveIncomeTaxRateReconciliationTaxChangeInStockOptionsAndRestrictedStock
-0.078
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.027
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.177
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.009
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.000
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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36735000 usd
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0001628280-24-009380.txt Edgar Link pending
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cdxc-20231231.xsd Edgar Link pending
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