2020 Q4 Form 10-Q Financial Statement

#000165495420011840 Filed on November 04, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q4
Revenue $15.45M $14.18M $13.09M
YoY Change 18.03% 17.65% 44.32%
Cost Of Revenue $6.020M $5.726M $5.620M
YoY Change 7.12% 7.96% 28.9%
Gross Profit $9.420M $8.454M $7.470M
YoY Change 26.1% 25.26% 58.6%
Gross Profit Margin 60.97% 59.62% 57.07%
Selling, General & Admin $14.51M $11.81M $15.19M
YoY Change -4.48% -6.23% 30.95%
% of Gross Profit 154.03% 139.69% 203.35%
Research & Development $990.0K $841.0K $1.140M
YoY Change -13.16% -19.44% -10.94%
% of Gross Profit 10.51% 9.95% 15.26%
Depreciation & Amortization $280.0K $280.0K $270.0K
YoY Change 3.7% 7.69% 17.39%
% of Gross Profit 2.97% 3.31% 3.61%
Operating Expenses $15.51M $12.65M $16.33M
YoY Change -5.02% -7.24% 26.1%
Operating Profit -$6.090M -$4.196M -$8.860M
YoY Change -31.26% -39.08% 7.52%
Interest Expense -$20.00K $19.00K $10.00K
YoY Change -300.0% -93.95% -50.0%
% of Operating Profit
Other Income/Expense, Net -$19.00K $0.00
YoY Change -93.95%
Pretax Income -$6.100M -$4.220M -$8.850M
YoY Change -31.07% -41.39% 7.66%
Income Tax
% Of Pretax Income
Net Earnings -$6.100M -$4.215M -$8.850M
YoY Change -31.07% -41.47% 7.66%
Net Earnings / Revenue -39.48% -29.72% -67.61%
Basic Earnings Per Share -$0.07
Diluted Earnings Per Share -$98.58K -$0.07 -$148.3K
COMMON SHARES
Basic Shares Outstanding 61.79M shares 61.70M shares
Diluted Shares Outstanding 61.70M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.70M $15.48M $18.81M
YoY Change -11.22% -18.01% -16.84%
Cash & Equivalents $16.70M $15.48M $18.81M
Short-Term Investments
Other Short-Term Assets $1.150M $1.010M $1.000M
YoY Change 15.0% -5.61% 72.41%
Inventory $11.68M $11.03M $11.54M
Prepaid Expenses
Receivables $2.694M $2.210M $1.380M
Other Receivables $900.0K $1.000M $800.0K
Total Short-Term Assets $32.22M $30.73M $33.52M
YoY Change -3.88% -15.51% -8.25%
LONG-TERM ASSETS
Property, Plant & Equipment $3.206M $3.307M $3.765M
YoY Change -14.85% -30.23% 4.87%
Goodwill
YoY Change
Intangibles $1.082M $1.147M $1.311M
YoY Change -17.47%
Long-Term Investments
YoY Change
Other Assets $625.0K $910.0K $762.0K
YoY Change -17.98% 37.88% 33.68%
Total Long-Term Assets $6.139M $6.687M $6.729M
YoY Change -8.77% -1.23% 18.05%
TOTAL ASSETS
Total Short-Term Assets $32.22M $30.73M $33.52M
Total Long-Term Assets $6.139M $6.687M $6.729M
Total Assets $38.36M $37.42M $40.25M
YoY Change -4.69% -13.27% -4.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.445M $6.881M $9.626M
YoY Change -1.88% 11.52% 0.8%
Accrued Expenses $6.133M $5.173M $4.415M
YoY Change 38.91% 20.02% 2.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $30.00K $80.00K $260.0K
YoY Change -88.46% -71.43% 52.94%
Total Short-Term Liabilities $16.48M $13.02M $15.06M
YoY Change 9.38% 18.1% 4.31%
LONG-TERM LIABILITIES
Long-Term Debt $20.00K $20.00K $20.00K
YoY Change 0.0% -71.43% -85.71%
Other Long-Term Liabilities $5.440M $4.890M $4.720M
YoY Change 15.25% -0.2% 883.33%
Total Long-Term Liabilities $5.460M $4.910M $4.740M
YoY Change 15.19% -1.21% 664.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.48M $13.02M $15.06M
Total Long-Term Liabilities $5.460M $4.910M $4.740M
Total Liabilities $21.93M $17.93M $19.80M
YoY Change 10.77% 12.05% 31.57%
SHAREHOLDERS EQUITY
Retained Earnings -$141.8M -$135.7M -$121.9M
YoY Change 16.35%
Common Stock $62.00K $62.00K $60.00K
YoY Change 3.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $16.42M $19.49M $20.45M
YoY Change
Total Liabilities & Shareholders Equity $38.36M $37.42M $40.25M
YoY Change -4.69% -13.27% -4.7%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income -$6.100M -$4.215M -$8.850M
YoY Change -31.07% -41.47% 7.66%
Depreciation, Depletion And Amortization $280.0K $280.0K $270.0K
YoY Change 3.7% 7.69% 17.39%
Cash From Operating Activities $20.00K -$3.840M -$610.0K
YoY Change -103.28% -50.52% -88.13%
INVESTING ACTIVITIES
Capital Expenditures $30.00K -$60.00K -$280.0K
YoY Change -110.71% -60.0% 211.11%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $550.0K
YoY Change -100.0% -271.88%
Cash From Investing Activities $10.00K -$60.00K $270.0K
YoY Change -96.3% -60.0% -164.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.180M 490.0K 270.0K
YoY Change 337.04% -93.03% -775.0%
NET CHANGE
Cash From Operating Activities 20.00K -3.840M -610.0K
Cash From Investing Activities 10.00K -60.00K 270.0K
Cash From Financing Activities 1.180M 490.0K 270.0K
Net Change In Cash 1.210M -3.410M -70.00K
YoY Change -1828.57% 287.5% -98.75%
FREE CASH FLOW
Cash From Operating Activities $20.00K -$3.840M -$610.0K
Capital Expenditures $30.00K -$60.00K -$280.0K
Free Cash Flow -$10.00K -$3.780M -$330.0K
YoY Change -96.97% -50.33% -93.47%

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757000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-619000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-53000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
10000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
16000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
48000 USD
cdxc Proceeds From Sale Of Convertible Notes
ProceedsFromSaleOfConvertibleNotes
10000000 USD
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
30000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
606000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
57658000 shares
CY2020Q3 us-gaap Cash
Cash
15500000 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
200000 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
60797000 shares
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
216000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
201000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7469000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16613000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3334000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3737000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
200000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18812000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22616000 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
200000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15478000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18879000 USD
us-gaap Interest Paid Net
InterestPaidNet
11000 USD
us-gaap Interest Paid Net
InterestPaidNet
26000 USD
cdxc Financing Lease Obligation Incurred For Prepayment Of Licensing Fees
FinancingLeaseObligationIncurredForPrepaymentOfLicensingFees
0 USD
cdxc Financing Lease Obligation Incurred For Prepayment Of Licensing Fees
FinancingLeaseObligationIncurredForPrepaymentOfLicensingFees
99000 USD
cdxc Operating Lease Obligation Incurred For Entering Into Lease Amendment
OperatingLeaseObligationIncurredForEnteringIntoLeaseAmendment
716000 USD
cdxc Operating Lease Obligation Incurred For Entering Into Lease Amendment
OperatingLeaseObligationIncurredForEnteringIntoLeaseAmendment
0 USD
cdxc Financing Lease Obligation Incurred For Purchase Of Computer Equipment And Software
FinancingLeaseObligationIncurredForPurchaseOfComputerEquipmentAndSoftware
47000 USD
cdxc Financing Lease Obligation Incurred For Purchase Of Computer Equipment And Software
FinancingLeaseObligationIncurredForPurchaseOfComputerEquipmentAndSoftware
143000 USD
cdxc Operating Lease Obligation Incurred For Tenant Improvement Credit Received
OperatingLeaseObligationIncurredForTenantImprovementCreditReceived
0 USD
cdxc Operating Lease Obligation Incurred For Tenant Improvement Credit Received
OperatingLeaseObligationIncurredForTenantImprovementCreditReceived
64000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
0 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
10123000 USD
us-gaap Nature Of Operations
NatureOfOperations
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; TEXT-INDENT: 0in; text-align:left;"><strong>Note 2.<span style="font:7pt times new roman"> </span>Nature of Business</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">ChromaDex is a science-based integrated nutraceutical company devoted to improving the way people age.  ChromaDex scientists partner with leading universities and research institutions worldwide to discover, develop and create solutions to deliver the full potential of nicotinamide adenine dinucleotide and its impact on human health.  Its flagship ingredient, NIAGEN® nicotinamide riboside, sold directly to consumers as TRU NIAGEN®, is backed with clinical and scientific research, as well as extensive intellectual property protection.  The Company also has analytical reference standards and services segment, which focuses on natural product fine chemicals (known as “phytochemicals”) and related chemistry services.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;"> </p>
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.41
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
61695000 shares
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-4215000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-7202000 USD
us-gaap Net Income Loss
NetIncomeLoss
-13828000 USD
us-gaap Net Income Loss
NetIncomeLoss
-23294000 USD
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.12
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.23
CY2020Q3 us-gaap Lessor Operating Lease Description
LessorOperatingLeaseDescription
The lease amendment extends the expiration of the lease period from February 2024 to December 2025.
CY2020Q3 cdxc Amount Of Additional Lease Payable During Lease Term
AmountOfAdditionalLeasePayableDuringLeaseTerm
900000 USD
CY2020Q3 cdxc Operating Lease Right Of Use Assets
OperatingLeaseRightOfUseAssets
1300000 USD
CY2020Q3 cdxc Operating Lease Liabilities
OperatingLeaseLiabilities
1700000 USD
CY2020Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
120000 USD
CY2019Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
180000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
359000 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
56182000 shares
CY2020Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2500000 USD
CY2019Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2300000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
7200000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
5500000 USD
CY2020Q3 us-gaap Other Receivables
OtherReceivables
1000000.0 USD
CY2019Q4 us-gaap Other Receivables
OtherReceivables
800000 USD
CY2020Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
7242000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4877000 USD
CY2020Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
1971000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
4659000 USD
CY2020Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
1194000 USD
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1364000 USD
CY2020Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
624000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
635000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
11031000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
11535000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
540000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
5000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
61000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
139000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
182000 USD
CY2020Q3 cdxc Total Operating Lease Expense
TotalOperatingLeaseExpense
125000 USD
CY2019Q3 cdxc Total Operating Lease Expense
TotalOperatingLeaseExpense
241000 USD
cdxc Total Operating Lease Expense
TotalOperatingLeaseExpense
498000 USD
cdxc Total Operating Lease Expense
TotalOperatingLeaseExpense
722000 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
63000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
191000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
7000 USD
CY2020Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
188000 USD
CY2019Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
245000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
689000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
729000 USD
cdxc Weighted Average Remaining Lease Term Years Operating Leases
WeightedAverageRemainingLeaseTermYearsOperatingLeases
P2Y8M12D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.72 pure
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
175000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
622000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
289000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
289000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
306000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Two
OperatingLeasesFutureMinimumPaymentsDueInRollingYearTwo
316000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1996000 USD
CY2020Q3 cdxc Operating Leases Future Minimum Payments Present Value Of Net Minimum Payments
OperatingLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
276000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1720000 USD
CY2020Q3 cdxc Operating Lease Liability Less Current Portion
OperatingLeaseLiabilityLessCurrentPortion
650000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1070000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
400000 USD
CY2020Q3 cdxc Finance Lease Liabilities
FinanceLeaseLiabilities
100000 USD
CY2020Q3 us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
22000 USD
CY2019Q3 us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
19000 USD
us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
83000 USD
us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
56000 USD
CY2020Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
11000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
26000 USD
CY2020Q3 cdxc Finance Leases Rent Expense Net
FinanceLeasesRentExpenseNet
24000 USD
CY2019Q3 cdxc Finance Leases Rent Expense Net
FinanceLeasesRentExpenseNet
27000 USD
cdxc Finance Leases Rent Expense Net
FinanceLeasesRentExpenseNet
94000 USD
cdxc Finance Leases Rent Expense Net
FinanceLeasesRentExpenseNet
82000 USD
cdxc Weighted Average Remaining Lease Term Years Finance Leases
WeightedAverageRemainingLeaseTermYearsFinanceLeases
P1Y1M6D
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.77 pure
CY2020Q3 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
58000 USD
CY2020Q3 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
32000 USD
CY2020Q3 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
21000 USD
CY2020Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
111000 USD
CY2020Q3 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
5000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
106000 USD
CY2020Q3 cdxc Finance Lease Liability Less Current Portion
FinanceLeaseLiabilityLessCurrentPortion
83 USD
CY2020Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
23000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardDescription
As of September 30, 2020, under the 2017 Plan, the Company is authorized to issue shares subject to awards that total no more than the sum of (i) 14,500,000 new shares, (ii) approximately 384,000 unallocated shares remaining available for the grant of new awards under the 2007 Plan, (iii) any returning shares from the 2007 Plan or the 2017 Plan, such as forfeited, cancelled, or expired shares and (iv) 500,000 shares pursuant to an inducement award. The remaining number of shares available for issuance under the 2017 Plan totaled approximately 6.7 million shares at September 30, 2020.
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 Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
66 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
1 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Other Expenses
OtherExpenses
125000 USD
CY2020Q3 cdxc Net Sales
NetSales
14180000 USD
us-gaap Operating Expenses
OperatingExpenses
40744000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-22440000 USD
CY2020Q3 us-gaap Share Price
SharePrice
4.01
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
7800000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1574000 USD
CY2019Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1686000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5158000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5474000 USD
us-gaap Revenues
Revenues
43812000 USD
us-gaap Cost Of Revenue
CostOfRevenue
17959000 USD
us-gaap Gross Profit
GrossProfit
25853000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
14629000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2741000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22256000 USD
us-gaap Operating Expenses
OperatingExpenses
39626000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-13773000 USD
us-gaap Revenues
Revenues
33202000 USD
us-gaap Cost Of Revenue
CostOfRevenue
14898000 USD
us-gaap Gross Profit
GrossProfit
18304000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
13108000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3281000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24230000 USD
cdxc Schedule Of Inventory Purchase Obligations
ScheduleOfInventoryPurchaseObligations
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;margin-left:auto;margin-right:auto;width:85%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="margin:0px 0px 0px 0in">Three Months Ending December 31, 2020</p></td><td style="width:1%;white-space: nowrap;"><p style="margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">3.7Million</td><td style="width:1%;white-space: nowrap;"><p style="margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="margin:0px 0px 0px 0in">Twelve Months Ending December 31, 2021</p></td><td style="width:1%;white-space: nowrap;"><p style="margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">14.6 Million</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="MARGIN: 0px 0px 0px 0in; text-align:left;"><strong>Total</strong></p></td><td style="width:1%;white-space: nowrap;"><p style="margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;"><strong>$</strong></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;"><strong>18.3 Million</strong></td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="margin:0px"> </p></td></tr></tbody></table><p style="margin:0px"/>
CY2020Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
3700000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
14600000 USD
CY2020Q3 us-gaap Purchase Obligation
PurchaseObligation
18300000 USD

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