$CELZ
CREATIVE MEDICAL TECHNOLOGY HOLDINGS, INC.
Stock
$celz
2022 Q3 Form 10-Q Financial Statement
#000147793222005931 Filed on August 12, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $55.00K | $0.00 | $15.00K |
YoY Change | 450.0% | -100.0% | |
Cost Of Revenue | $16.00K | $0.00 | $6.791K |
YoY Change | 300.0% | -100.0% | |
Gross Profit | $39.00K | $0.00 | $8.209K |
YoY Change | 550.0% | -100.0% | |
Gross Profit Margin | 70.91% | 54.73% | |
Selling, General & Admin | $805.5K | $1.108M | $1.130M |
YoY Change | 6.37% | 122.43% | 302.27% |
% of Gross Profit | 2065.28% | 13766.07% | |
Research & Development | $230.9K | $659.7K | $10.00K |
YoY Change | 290.23% | ||
% of Gross Profit | 592.15% | 121.82% | |
Depreciation & Amortization | $23.02K | $23.02K | $23.02K |
YoY Change | 0.0% | 0.0% | 0.0% |
% of Gross Profit | 59.03% | 280.42% | |
Operating Expenses | $1.059M | $1.791M | $1.163M |
YoY Change | 26.21% | 243.56% | 282.67% |
Operating Profit | -$1.020M | -$1.791M | -$1.155M |
YoY Change | 22.44% | 247.23% | 279.97% |
Interest Expense | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
% of Operating Profit | |||
Other Income/Expense, Net | $38.08K | $0.00 | $0.00 |
YoY Change | -103.77% | -100.0% | -100.0% |
Pretax Income | -$982.3K | -$1.791M | -$1.155M |
YoY Change | -46.72% | -38.35% | -104.15% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$982.3K | -$1.791M | -$1.155M |
YoY Change | -46.72% | -38.35% | -104.15% |
Net Earnings / Revenue | -1786.07% | -7699.13% | |
Basic Earnings Per Share | -$0.07 | -$0.20 | -$0.18 |
Diluted Earnings Per Share | -$0.07 | -$0.20 | -$0.18 |
COMMON SHARES | |||
Basic Shares Outstanding | 14.07M shares | 9.011M shares | 6.454M shares |
Diluted Shares Outstanding | 14.07M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $16.97M | $22.86M | $9.147M |
YoY Change | 613.61% | 14316.84% | 3224.6% |
Cash & Equivalents | $16.97M | $22.86M | $9.147M |
Short-Term Investments | |||
Other Short-Term Assets | $5.021M | $64.96K | $64.96K |
YoY Change | |||
Inventory | $15.89K | $20.63K | $14.15K |
Prepaid Expenses | |||
Receivables | $0.00 | $0.00 | $0.00 |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $22.01M | $22.95M | $9.226M |
YoY Change | 753.64% | 14370.99% | 3253.36% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.280K | $3.280K | $3.281K |
YoY Change | 0.0% | ||
Total Long-Term Assets | $461.9K | $484.9K | $507.9K |
YoY Change | -16.62% | -15.48% | -14.88% |
TOTAL ASSETS | |||
Total Short-Term Assets | $22.01M | $22.95M | $9.226M |
Total Long-Term Assets | $461.9K | $484.9K | $507.9K |
Total Assets | $22.47M | $23.43M | $9.734M |
YoY Change | 617.39% | 3100.04% | 1016.44% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $327.8K | $310.7K | $335.7K |
YoY Change | -27.87% | -14.89% | -5.71% |
Accrued Expenses | $54.92K | $64.92K | $29.92K |
YoY Change | 83.56% | -9.17% | -55.84% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $397.0K | $389.8K | $379.8K |
YoY Change | -88.64% | -73.06% | -88.54% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $397.0K | $389.8K | $379.8K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $397.0K | $389.8K | $379.8K |
YoY Change | -88.64% | -73.06% | -88.54% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$47.60M | -$46.61M | -$44.82M |
YoY Change | 22.66% | 26.12% | |
Common Stock | $14.08K | $13.96K | $6.521K |
YoY Change | 472.7% | -98.86% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $22.07M | $23.04M | $9.354M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.47M | $23.43M | $9.734M |
YoY Change | 617.39% | 3100.04% | 1016.44% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$982.3K | -$1.791M | -$1.155M |
YoY Change | -46.72% | -38.35% | -104.15% |
Depreciation, Depletion And Amortization | $23.02K | $23.02K | $23.02K |
YoY Change | 0.0% | 0.0% | 0.0% |
Cash From Operating Activities | -$873.3K | -$1.756M | -$1.577M |
YoY Change | 123.47% | 690.29% | 257.15% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$5.021M | $0.00 | $0.00 |
YoY Change | 2410.66% | ||
Cash From Investing Activities | -$5.021M | $0.00 | $0.00 |
YoY Change | 2410.66% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 10.00 | 15.47M | $0.00 |
YoY Change | -100.0% | 14553.11% | -100.0% |
NET CHANGE | |||
Cash From Operating Activities | -873.3K | -1.756M | -$1.577M |
Cash From Investing Activities | -5.021M | 0.000 | $0.00 |
Cash From Financing Activities | 10.00 | 15.47M | $0.00 |
Net Change In Cash | -5.895M | 13.72M | -$1.577M |
YoY Change | -365.6% | -11868.92% | -990.29% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$873.3K | -$1.756M | -$1.577M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | ||
CY2021Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001187953 | ||
celz |
Amortization Expenses
AmortizationExpenses
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4986 | usd | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
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true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
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2022-06-30 | ||
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Document Transition Report
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false | ||
dei |
Entity File Number
EntityFileNumber
|
000-53500 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
CREATIVE MEDICAL TECHNOLOGY HOLDINGS, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
87-0622284 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
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211 E Osborn Road | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
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Phoenix | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
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AZ | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
85012 | ||
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City Area Code
CityAreaCode
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480 | ||
dei |
Local Phone Number
LocalPhoneNumber
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399-2822 | ||
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Entity Current Reporting Status
EntityCurrentReportingStatus
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Yes | ||
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Entity Interactive Data Current
EntityInteractiveDataCurrent
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Yes | ||
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Entity Filer Category
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Non-accelerated Filer | ||
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Entity Small Business
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true | ||
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Entity Emerging Growth Company
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false | ||
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Entity Shell Company
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Entity Common Stock Shares Outstanding
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14070279 | shares |
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Accounts Receivable Net
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Earnings Per Share Diluted
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Weighted Average Number Of Shares Outstanding Basic
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7739696 | shares | |
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Profit Loss
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Share Based Compensation
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Share Based Compensation
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Amortization Of Intangible Assets
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Amortization Of Debt Discount Premium
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Gain On Extinguishment Of Convertible Notes
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Increase Decrease In Income Taxes
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Increase Decrease In Accrued Liabilities
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Dividends On Preferred Stock
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Conversion Of Notes Payable Accrued Interest And Derivative Liabilities Into Common Stock
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celz |
Conversion Of Notes Payable Accrued Interest And Derivative Liabilities Into Common Stock
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13454704 | usd | |
celz |
Conversion Of Management Fees And Patent Liability Into Common Stock
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250000 | usd | |
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Discounts On Convertible Notes Payable Due To Derivative Liabilities
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10217740 | usd |
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Issuance Of Common Stock And Accompanying Warrants Net Of Issuance Costs Amount
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15471775 | usd | |
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Common Stock Issued For Related Party Patent Liabilities Amount
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250000 | usd | |
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Common Stock Issued For Warrant Exercise Amount
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445 | usd | |
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Stockholders Equity
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23044369 | usd |
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Issuance Of Common Stock And Accompanying Warrants Net Of Issuance Costs Amount
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15471775 | usd |
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Common Stock Issued For Warrant Exercise Amount
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|
445 | usd |
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Stock Based Compensation
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|
9062 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1791144 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23044369 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-39803010 | usd |
celz |
Proceeds From Sales Of Preferred Stock Amount
ProceedsFromSalesOfPreferredStockAmount
|
462000 | usd | |
celz |
Common Stock Issued For Related Party Management Liabilities Amount
CommonStockIssuedForRelatedPartyManagementLiabilitiesAmount
|
50000 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1229351 | usd | |
us-gaap |
Derivative Gain On Derivative
DerivativeGainOnDerivative
|
12225353 | usd | |
CY2021Q2 | celz |
Dividends On Preferred Stock
DividendsOnPreferredStock
|
-20752 | usd |
CY2021Q2 | celz |
Cashless Exercise Of Warrants Amount
CashlessExerciseOfWarrantsAmount
|
0 | usd |
CY2021Q2 | celz |
Stock Based Compensation
StockBasedCompensation
|
211768 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2905182 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-714453 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong><em>Use of Estimates</em></strong> – The preparation of the condensed consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> | ||
CY2020Q3 | celz |
Common Stock Issue Share
CommonStockIssueShare
|
84656 | shares |
CY2021Q1 | celz |
Company Paid
CompanyPaid
|
50000 | usd |
CY2016Q1 | celz |
No Of Share Exchange
NoOfShareExchange
|
431111 | shares |
CY2016Q1 | celz |
Restricted Common Stock
RestrictedCommonStock
|
100000 | usd |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
118000 | usd | |
celz |
Expiration Period Of Finite Lived Intangible Assets
ExpirationPeriodOfFiniteLivedIntangibleAssets
|
2025 | ||
celz |
Amortization Expenses
AmortizationExpenses
|
4986 | usd | |
CY2022Q2 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
36000 | usd |
celz |
Expected Amount Of Amortization
ExpectedAmountOfAmortization
|
9972 | usd | |
CY2019Q4 | celz |
Cash Payment In Intial Payment
CashPaymentInIntialPayment
|
50000 | usd |
CY2019Q4 | celz |
Common Stock Issue Share
CommonStockIssueShare
|
6667 | shares |
CY2021Q1 | celz |
Company Paid
CompanyPaid
|
50000 | usd |
CY2021Q1 | celz |
Obligation Of The Initial Payment
ObligationOfTheInitialPayment
|
300000 | usd |
CY2022Q2 | us-gaap |
Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
|
250000 | usd |
celz |
Weighted Average Common Shares Outstanding Used In Calculating Basic Earnings Per Share
WeightedAverageCommonSharesOutstandingUsedInCalculatingBasicEarningsPerShare
|
2242318 | shares | |
celz |
Effect Of Series B And C Preferred Stock Share
EffectOfSeriesBAndCPreferredStockShare
|
24000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
35873 | shares | |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
22115 | shares | |
celz |
Incremental Common Shares Attributable To Dilutive Effect Of Convertible Related Party Management Fee And Patent Liabilities
IncrementalCommonSharesAttributableToDilutiveEffectOfConvertibleRelatedPartyManagementFeeAndPatentLiabilities
|
4623 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2328929 | shares | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
24930837 | usd | |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
117649 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
25048486 | usd | |
celz |
Debt Conversion Converrted Instrument Shares Issued
DebtConversionConverrtedInstrumentSharesIssued
|
37870 | shares | |
celz |
Common Stock Issued For Cashless Warrant Exercise Shares
CommonStockIssuedForCashlessWarrantExerciseShares
|
43167 | shares | |
CY2021Q1 | celz |
Common Stock Issue Share
CommonStockIssueShare
|
133 | shares |
CY2021Q1 | celz |
Obligation Of The Initial Payment
ObligationOfTheInitialPayment
|
300000 | usd |
CY2021Q1 | celz |
Common Stock Issue Share
CommonStockIssueShare
|
89286 | shares |
CY2020Q4 | celz |
License Fees
LicenseFees
|
250000 | usd |
CY2020Q4 | celz |
License Agreement Description
LicenseAgreementDescription
|
(the “Upfront Royalty”), which can also be paid in CELZ stock at a discount of 25% of the closing price of $0.0037, which is based on the date of this agreement | |
CY2020Q4 | celz |
License Agreement Description Final
LicenseAgreementDescriptionFinal
|
Within thirty (30) days of the end of each calendar quarter during the term of this Agreement, Licensee will pay Licensor five percent (5%) of the Net Income of ImmCelz™ | |
CY2021Q4 | celz |
Licensing Agreements Beginning Balance
LicensingAgreementsBeginningBalance
|
760000 | usd |
CY2021Q4 | celz |
Accumulated Amortization Beginning Balance
AccumulatedAmortizationBeginningBalance
|
-232321 | usd |
celz |
Accumulated Amortization Addition Of New Assets
AccumulatedAmortizationAdditionOfNewAssets
|
0 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
0 | usd | |
celz |
Accumulated Amortization
AccumulatedAmortization
|
-46042 | usd | |
CY2022Q2 | celz |
Licensing Agreementsendingbalance
LicensingAgreementsendingbalance
|
760000 | usd |
CY2022Q2 | celz |
Accumulated Amortization Ending Balance
AccumulatedAmortizationEndingBalance
|
-278363 | usd |
CY2021Q2 | celz |
Proceeds From Chairman
ProceedsFromChairman
|
50000 | usd |
CY2021Q2 | celz |
Proceeds From Director
ProceedsFromDirector
|
150000 | usd |
CY2021Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.05 | pure |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
451614 | usd | |
CY2021Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
120185 | usd |
celz |
Debt Conversion Shares Issued
DebtConversionSharesIssued
|
772099 | shares | |
us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
1229351 | usd | |
CY2021Q2 | celz |
Initial Derivative Liabilities
InitialDerivativeLiabilities
|
817791 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P1Y | ||
CY2021Q2 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
683151 | usd |
celz |
Gain Loss Related To Change In Fair Market Value Of Derivative Liabilities
GainLossRelatedToChangeInFairMarketValueOfDerivativeLiabilities
|
2251446 | usd | |
celz |
Gain Loss Related To Change In Fair Market Value Of Derivative Liabilities
GainLossRelatedToChangeInFairMarketValueOfDerivativeLiabilities
|
262224593 | usd | |
CY2021Q2 | celz |
Share Price On Reveluation
SharePriceOnReveluation
|
17.50 | |
CY2021Q2 | celz |
Derivative Liabilities Fair Value
DerivativeLiabilitiesFairValue
|
12225353 | usd |
celz |
Annual Dividend Yield
AnnualDividendYield
|
0 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P10Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0081 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.9295 | pure | |
CY2022Q2 | us-gaap |
Share Price
SharePrice
|
1.69 | |
CY2022Q2 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
2991669 | shares |
CY2022Q2 | celz |
Purchase Of Warrants Shares
PurchaseOfWarrantsShares
|
4563887 | shares |
CY2022Q2 | celz |
Purchase Of Pre Funded Warrant And Related Common Warrant
PurchaseOfPreFundedWarrantAndRelatedCommonWarrant
|
15111112 | shares |
CY2022Q2 | celz |
Combined Offering Price Of Pre Funded Warrant And Related Common Warrant
CombinedOfferingPriceOfPreFundedWarrantAndRelatedCommonWarrant
|
2.25 | |
CY2022Q2 | celz |
Description Of Amendment
DescriptionOfAmendment
|
pursuant to a Securities Purchase Agreement between the Company and the Purchasers dated as of April 28, 2022 (the “Purchase Agreement”), resulting in gross proceeds to the Company of approximately $17,000,000. The transaction was effected pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended and Rule 506(b) promulgated thereunder | |
celz |
Common Warrants Term
CommonWarrantsTerm
|
five-year | ||
celz |
Common Warrants Exercise Price
CommonWarrantsExercisePrice
|
2.00 | ||
celz |
Pre Funded Warrants Exercise Price
PreFundedWarrantsExercisePrice
|
0.0001 | ||
CY2021Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
2485 | usd |
celz |
Conversion Of Management Fees And Patent Liability Into Common Stock
ConversionOfManagementFeesAndPatentLiabilityIntoCommonStock
|
50000 | usd | |
celz |
Discounts On Convertible Notes Payable Due To Derivative Liabilities
DiscountsOnConvertibleNotesPayableDueToDerivativeLiabilities
|
134640 | usd |