$CELC
Celcuity Inc.

2022 Q4 Form 10-Q Financial Statement

#000149315222031433 Filed on November 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.035M $1.022M $639.3K
YoY Change 24.74% 59.88% 22.94%
% of Gross Profit
Research & Development $10.60M $9.622M $4.961M
YoY Change 93.12% 93.96% 152.75%
% of Gross Profit
Depreciation & Amortization $48.94K $53.54K $63.61K
YoY Change -22.35% -15.83% -36.39%
% of Gross Profit
Operating Expenses $11.64M $10.64M $5.600M
YoY Change 84.14% 90.07% 125.79%
Operating Profit -$10.64M -$5.600M
YoY Change 90.07% 125.79%
Interest Expense $57.86K $537.7K -$427.5K
YoY Change -113.37% -225.78% -1526742.86%
% of Operating Profit
Other Income/Expense, Net -$250.2K -$427.5K
YoY Change -41.48% -7499.34%
Pretax Income -$11.58M -$10.89M -$6.027M
YoY Change 71.49% 80.74% 143.59%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$11.58M -$10.89M -$6.027M
YoY Change 71.49% 80.74% 143.59%
Net Earnings / Revenue
Basic Earnings Per Share -$0.75 -$0.41
Diluted Earnings Per Share -$0.69 -$729.3K -$405.1K
COMMON SHARES
Basic Shares Outstanding 15.46M shares 14.94M shares 14.90M shares
Diluted Shares Outstanding 14.94M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $168.6M $57.48M $90.37M
YoY Change 100.02% -36.39% 559.61%
Cash & Equivalents $24.57M $57.48M $90.37M
Short-Term Investments $144.0M
Other Short-Term Assets $6.399M $6.949M $459.4K
YoY Change 734.52% 1412.85% 282.8%
Inventory
Prepaid Expenses $6.344M $6.578M
Receivables
Other Receivables
Total Short-Term Assets $175.2M $64.69M $91.18M
YoY Change 105.26% -29.05% 550.75%
LONG-TERM ASSETS
Property, Plant & Equipment $260.3K $302.0K $655.1K
YoY Change -16.69% -53.9% 4.61%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $506.6K $597.5K $655.1K
YoY Change -8.62% -8.79% -27.37%
TOTAL ASSETS
Total Short-Term Assets $175.2M $64.69M $91.18M
Total Long-Term Assets $506.6K $597.5K $655.1K
Total Assets $175.7M $65.29M $91.84M
YoY Change 104.52% -28.91% 515.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.627M $3.168M $1.746M
YoY Change 74.31% 81.41% 2000.84%
Accrued Expenses $4.060M $3.278M $1.070M
YoY Change 405.71% 206.3% 41.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.450K $3.920K $5.840K
YoY Change -58.12% -32.88% -41.6%
Total Short-Term Liabilities $6.882M $6.645M $2.823M
YoY Change 174.64% 135.43% 172.66%
LONG-TERM LIABILITIES
Long-Term Debt $34.98M $15.01M $14.43M
YoY Change 139.15% 4.03% 144217.3%
Other Long-Term Liabilities $61.00K $107.8K $108.9K
YoY Change -1.25% -1.0% -0.98%
Total Long-Term Liabilities $35.04M $15.12M $14.54M
YoY Change 138.56% 3.99% 12017.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.882M $6.645M $2.823M
Total Long-Term Liabilities $35.04M $15.12M $14.54M
Total Liabilities $41.93M $21.77M $17.36M
YoY Change 143.81% 25.36% 1407.23%
SHAREHOLDERS EQUITY
Retained Earnings -$96.30M -$84.72M
YoY Change 72.18%
Common Stock $21.67K $14.94K
YoY Change 45.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $133.8M $43.53M $74.47M
YoY Change
Total Liabilities & Shareholders Equity $175.7M $65.29M $91.84M
YoY Change 104.52% -28.91% 515.78%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$11.58M -$10.89M -$6.027M
YoY Change 71.49% 80.74% 143.59%
Depreciation, Depletion And Amortization $48.94K $53.54K $63.61K
YoY Change -22.35% -15.83% -36.39%
Cash From Operating Activities -$9.479M -$9.307M -$4.049M
YoY Change 54.79% 129.87% 145.38%
INVESTING ACTIVITIES
Capital Expenditures $112.1K -$12.10K -$14.06K
YoY Change -1227.26% -13.94% 40.6%
Acquisitions
YoY Change
Other Investing Activities -$143.9M $0.00 $0.00
YoY Change
Cash From Investing Activities -$144.0M -$12.10K -$14.06K
YoY Change 1448441.95% -13.94% 40.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 120.6M -108.2K 52.79M
YoY Change 225188.94% -100.2% -75515.63%
NET CHANGE
Cash From Operating Activities -9.479M -9.307M -4.049M
Cash From Investing Activities -144.0M -12.10K -14.06K
Cash From Financing Activities 120.6M -108.2K 52.79M
Net Change In Cash -32.91M -9.427M 48.73M
YoY Change 441.28% -119.35% -2916.66%
FREE CASH FLOW
Cash From Operating Activities -$9.479M -$9.307M -$4.049M
Capital Expenditures $112.1K -$12.10K -$14.06K
Free Cash Flow -$9.591M -$9.295M -$4.035M
YoY Change 56.87% 130.37% 146.01%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
usd
dei Entity Central Index Key
EntityCentralIndexKey
0001603454
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
CY2021Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
CELC Issuance Of Common Stock Licensing Agreement
IssuanceOfCommonStockLicensingAgreement
usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
usd
CELC Proceeds From Follow On Offering Net Of Underwriting Discounts And Offering Costs
ProceedsFromFollowOnOfferingNetOfUnderwritingDiscountsAndOfferingCosts
usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
usd
CELC Gross Proceeds From An Atm Offering
GrossProceedsFromAnAtmOffering
usd
CELC Property And Equipment Included In Accounts Payable
PropertyAndEquipmentIncludedInAccountsPayable
usd
CELC Offering And Registration Statement Costs Included In Accounts Payable
OfferingAndRegistrationStatementCostsIncludedInAccountsPayable
usd
CELC Deferred Financing Costs And Offering And Registration Statement Costs Included In Accrued Expenses
DeferredFinancingCostsAndOfferingAndRegistrationStatementCostsIncludedInAccruedExpenses
usd
us-gaap Stock Issued1
StockIssued1
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38207
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
722677 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
64694110 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
85351975 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
302005 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
312444 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
295535 usd
dei Entity Registrant Name
EntityRegistrantName
CELCUITY INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
82-2863566
dei Entity Address Address Line1
EntityAddressAddressLine1
16305 36th Avenue North; Suite 100
dei Entity Address City Or Town
EntityAddressCityOrTown
Minneapolis
dei Entity Address State Or Province
EntityAddressStateOrProvince
MN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
55446
dei City Area Code
CityAreaCode
(763)
dei Local Phone Number
LocalPhoneNumber
392-0767
dei Security12b Title
Security12bTitle
Common Stock, $0.001 par value per share
dei Trading Symbol
TradingSymbol
CELC
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
true
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
15459739 shares
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57483776 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
84286381 usd
CY2022Q3 us-gaap Deposits Assets Current
DepositsAssetsCurrent
22009 usd
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
22009 usd
CY2022Q3 us-gaap Deferred Costs Current
DeferredCostsCurrent
349147 usd
CY2021Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
22144 usd
CY2022Q3 CELC Payroll Tax Receivable
PayrollTaxReceivable
260926 usd
CY2021Q4 CELC Payroll Tax Receivable
PayrollTaxReceivable
298764 usd
CY2022Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6578252 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
241901 usd
CY2022Q3 us-gaap Assets
Assets
65291650 usd
CY2021Q4 us-gaap Assets
Assets
85906320 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
3168198 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1507099 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3916 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
5850 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
194643 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
189858 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3278315 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
802893 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
6645072 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2505700 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2449 usd
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
107830 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
61771 usd
CY2022Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
15013407 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
14625923 usd
CY2022Q3 us-gaap Liabilities
Liabilities
21766309 usd
CY2021Q4 us-gaap Liabilities
Liabilities
17195843 usd
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
us-gaap Operating Income Loss
OperatingIncomeLoss
-27751887 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-22035023 usd
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
65000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
65000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14942958 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14942958 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14918887 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14918887 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
14943 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
14919 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
128225939 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
124622405 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-84715541 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-55926847 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
43525341 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
68710477 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
65291650 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
85906320 usd
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9621505 usd
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4960515 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24685505 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20266965 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1022050 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
639271 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3066382 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1768058 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
10643555 usd
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
5599786 usd
us-gaap Operating Expenses
OperatingExpenses
27751887 usd
us-gaap Operating Expenses
OperatingExpenses
22035023 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-10643555 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-5599786 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
537661 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
433072 usd
us-gaap Interest Expense
InterestExpense
1428108 usd
us-gaap Interest Expense
InterestExpense
824283 usd
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
287495 usd
CY2021Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
5612 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
391301 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
7803 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-263 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-250166 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-427460 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1036807 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-816743 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10893721 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6027246 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-28788694 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-22851766 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-10893721 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-6027246 usd
us-gaap Net Income Loss
NetIncomeLoss
-28788694 usd
us-gaap Net Income Loss
NetIncomeLoss
-22851766 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.75
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.95
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.78
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14938224 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14877619 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14928727 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12867484 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
68710477 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
756271 usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7414 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-7934447 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
61539715 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1519459 usd
CY2022Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
80541 usd
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
9542 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-9960526 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
53188731 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1223054 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7277 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-10893721 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
43525341 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
11702270 usd
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
449098 usd
CY2021Q1 CELC Stock Issued During Period Value Stock Warrants Exercised
StockIssuedDuringPeriodValueStockWarrantsExercised
11257 usd
CY2021Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
25768493 usd
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
38962 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
3868 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-2791668 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
35174544 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
540317 usd
CY2021Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
25817 usd
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
36859 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
289839 usd
CY2021Q2 CELC Stock Issued During Period Value Issuance Of Common Stock Licensing Agreement
StockIssuedDuringPeriodValueIssuanceOfCommonStockLicensingAgreement
5000000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-14032852 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
27034524 usd
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
699916 usd
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5100 usd
CY2021Q3 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
52762092 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-6027246 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
74474386 usd
us-gaap Net Income Loss
NetIncomeLoss
-28788694 usd
us-gaap Net Income Loss
NetIncomeLoss
-22851766 usd
us-gaap Depreciation
Depreciation
161981 usd
us-gaap Depreciation
Depreciation
240206 usd
us-gaap Share Based Compensation
ShareBasedCompensation
3498784 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1689331 usd
CELC Issuance Of Common Stock Licensing Agreement
IssuanceOfCommonStockLicensingAgreement
5000000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
284184 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
173361 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
311764 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
196348 usd
CELC Increase Decrease In Non Cash Operating Lease Expense
IncreaseDecreaseInNonCashOperatingLeaseExpense
-2791 usd
CELC Increase Decrease In Non Cash Operating Lease Expense
IncreaseDecreaseInNonCashOperatingLeaseExpense
-7681 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-263 usd
CELC Increase Decrease In Payroll Tax Receivable
IncreaseDecreaseInPayrollTaxReceivable
-37838 usd
CELC Increase Decrease In Payroll Tax Receivable
IncreaseDecreaseInPayrollTaxReceivable
166309 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5855575 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
120311 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1553176 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1553381 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2270422 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
105239 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-26528911 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14187938 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
46724 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
71959 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
500 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-46724 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-71459 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
11257 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
24233 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
41959 usd
CELC Proceeds From Employee Stock Purchases
ProceedsFromEmployeeStockPurchases
80541 usd
CELC Proceeds From Employee Stock Purchases
ProceedsFromEmployeeStockPurchases
25817 usd
CELC Proceeds From Follow On Offering Net Of Underwriting Discounts And Offering Costs
ProceedsFromFollowOnOfferingNetOfUnderwritingDiscountsAndOfferingCosts
78530585 usd
CY2022Q3 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
652061 usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
14347939 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8463 usd
CELC Gross Proceeds From An Atm Offering
GrossProceedsFromAnAtmOffering
38962 usd
CELC Payments For Registration Statement Costs
PaymentsForRegistrationStatementCosts
318897 usd
CELC Payments For Registration Statement Costs
PaymentsForRegistrationStatementCosts
3868 usd
CELC Payments For Finance Leases
PaymentsForFinanceLeases
4384 usd
CELC Payments For Finance Leases
PaymentsForFinanceLeases
4353 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-226970 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
92988298 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-26802605 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
78728901 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
84286381 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11637911 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
57483776 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
90366812 usd
us-gaap Interest Paid Net
InterestPaidNet
832161 usd
us-gaap Interest Paid Net
InterestPaidNet
454573 usd
CELC Property And Equipment Included In Accounts Payable
PropertyAndEquipmentIncludedInAccountsPayable
104818 usd
CELC Offering And Registration Statement Costs Included In Accounts Payable
OfferingAndRegistrationStatementCostsIncludedInAccountsPayable
11230 usd
CELC Deferred Financing Costs And Offering And Registration Statement Costs Included In Accrued Expenses
DeferredFinancingCostsAndOfferingAndRegistrationStatementCostsIncludedInAccruedExpenses
205000 usd
us-gaap Stock Issued1
StockIssued1
964839 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_zjVRsRnV9Mwk" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_861_z89nW2pJ8Wxe">Accounting Estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management uses estimates and assumptions in preparing these unaudited condensed financial statements in accordance with U.S. GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates and the difference could be material. Significant items subject to such estimates and assumptions include the valuation of stock-based compensation and prepaid or accrued clinical trial costs.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84D_eus-gaap--ConcentrationRiskCreditRisk_zqUToOfwFlx4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline"><span id="xdx_860_zvmYCTBzhKP9">Risks and Uncertainties</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 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-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is subject to risks common to companies in the development stage including, but not limited to, dependency on, the clinical and commercial success of its initial drug product, gedatolisib, the clinical and commercial success of its diagnostic tests, ability to obtain regulatory approval of its drug product, gedatolisib, ability to obtain regulatory approval of its diagnostic tests, the need for substantial additional financing to achieve its goals, uncertainty of broad adoption of its approved products, if any, by physicians and consumers, and significant competition.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
271988 usd
CELC Deemed Dividend
DeemedDividend
272000 usd
CY2022Q3 CELC Deemed Dividend
DeemedDividend
272000 usd
CY2022Q3 CELC Increased Net Loss Per Share Basic And Diluted
IncreasedNetLossPerShareBasicAndDiluted
0.02
CELC Increased Net Loss Per Share Basic And Diluted
IncreasedNetLossPerShareBasicAndDiluted
0.02
CY2020Q3 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
197211 usd
CY2021Q3 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
193571 usd
CY2022Q3 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
195437 usd
CY2022Q3 us-gaap Contractual Obligation
ContractualObligation
2500000 usd
CY2022Q3 us-gaap Warrants And Rights Outstanding Maturity Date
WarrantsAndRightsOutstandingMaturityDate
2025-09-19
CY2022Q3 CELC Estimated Incremental Fair Value Of Warrants
EstimatedIncrementalFairValueOfWarrants
271988 usd
CY2022Q3 CELC Sale Of Stock Transaction Fee
SaleOfStockTransactionFee
142241 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022Q3 CELC Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Remainder Of Fiscal Year
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedRemainderOfFiscalYear
1116837 usd
CY2022Q3 CELC Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Within Two Year
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedWithinTwoYear
3277254 usd
CY2022Q3 CELC Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Within Three Years
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedWithinThreeYears
2130739 usd
CY2022Q3 CELC Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Within Four Years
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedWithinFourYears
1333749 usd
CY2022Q3 CELC Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Within Five Years
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedWithinFiveYears
176866 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
8035445 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1223054 usd
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
699916 usd
us-gaap Share Based Compensation
ShareBasedCompensation
3498784 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1689331 usd
CY2022Q2 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
100000000 usd
CY2022Q3 CELC Prepayment Fee Percentage
PrepaymentFeePercentage
0.030 pure
CY2022Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
15000000 usd
CY2022Q3 CELC Payment In Kind Interest Debt
PaymentInKindInterestDebt
611765 usd
CY2022Q3 CELC Notes Payable Final Fee
NotesPayableFinalFee
675000 usd
CY2022Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
481304 usd
CY2022Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
792054 usd
CY2022Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
15013407 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5854412 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
7805882 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2626471 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
16286765 usd

Files In Submission

Name View Source Status
0001493152-22-031433-index-headers.html Edgar Link pending
0001493152-22-031433-index.html Edgar Link pending
0001493152-22-031433.txt Edgar Link pending
0001493152-22-031433-xbrl.zip Edgar Link pending
celc-20220930.xsd Edgar Link pending
ex3-1.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
celc-20220930_cal.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
celc-20220930_pre.xml Edgar Link unprocessable
celc-20220930_def.xml Edgar Link unprocessable
celc-20220930_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable