2021 Form 10-K Financial Statement
#000121390021065464 Filed on December 15, 2021
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | ||
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $11.29M | $8.900M |
| YoY Change | 26.87% | 27.14% |
| % of Gross Profit | ||
| Research & Development | $12.24M | $8.810M |
| YoY Change | 38.94% | 2.44% |
| % of Gross Profit | ||
| Depreciation & Amortization | $1.490K | $0.00 |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $23.53M | $17.71M |
| YoY Change | 32.87% | 13.53% |
| Operating Profit | -$23.53M | |
| YoY Change | ||
| Interest Expense | $251.0K | $50.00K |
| YoY Change | 401.98% | 25.0% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $59.92K | $110.0K |
| YoY Change | -45.53% | |
| Pretax Income | -$23.05M | -$17.55M |
| YoY Change | 31.36% | 12.79% |
| Income Tax | $0.00 | |
| % Of Pretax Income | ||
| Net Earnings | -$23.05M | -$17.55M |
| YoY Change | 31.36% | 12.79% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.23 | |
| Diluted Earnings Per Share | -$212.3K | -$448.0K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 108.6M shares | |
| Diluted Shares Outstanding | 108.6M shares |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $70.07M | $13.86M |
| YoY Change | 405.58% | 75.67% |
| Cash & Equivalents | $70.07M | $13.86M |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.741M | $120.0K |
| YoY Change | 2184.5% | 140.0% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $72.81M | $13.98M |
| YoY Change | 420.85% | 76.07% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $829.9K | $990.0K |
| YoY Change | -16.18% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $38.06K | $60.00K |
| YoY Change | -36.57% | 0.0% |
| Total Long-Term Assets | $69.61M | $29.79M |
| YoY Change | 133.68% | 3.4% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $72.81M | $13.98M |
| Total Long-Term Assets | $69.61M | $29.79M |
| Total Assets | $142.4M | $43.77M |
| YoY Change | 225.4% | 19.1% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.277M | $1.860M |
| YoY Change | -31.34% | -31.37% |
| Accrued Expenses | $2.705M | $2.070M |
| YoY Change | 30.69% | 20.35% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $170.0K |
| YoY Change | -100.0% | 0.0% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $3.982M | $4.100M |
| YoY Change | -2.87% | -11.06% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $160.0K |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $678.2K | $860.0K |
| YoY Change | -21.14% | |
| Total Long-Term Liabilities | $678.2K | $1.020M |
| YoY Change | -33.51% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.982M | $4.100M |
| Total Long-Term Liabilities | $678.2K | $1.020M |
| Total Liabilities | $10.25M | $10.10M |
| YoY Change | 1.45% | 5.32% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $132.2M | $33.67M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $142.4M | $43.77M |
| YoY Change | 225.4% | 19.1% |
Cashflow Statement
| Concept | 2021 | 2020 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$23.05M | -$17.55M |
| YoY Change | 31.36% | 12.79% |
| Depreciation, Depletion And Amortization | $1.490K | $0.00 |
| YoY Change | ||
| Cash From Operating Activities | -$24.25M | -$16.93M |
| YoY Change | 43.24% | 36.09% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$40.01M | $0.00 |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$40.01M | $0.00 |
| YoY Change | ||
| 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 | 120.5M | 22.90M |
| YoY Change | 426.07% | 105.38% |
| NET CHANGE | ||
| Cash From Operating Activities | -24.25M | -16.93M |
| Cash From Investing Activities | -40.01M | 0.000 |
| Cash From Financing Activities | 120.5M | 22.90M |
| Net Change In Cash | 56.21M | 5.970M |
| YoY Change | 841.59% | -562.79% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$24.25M | -$16.93M |
| Capital Expenditures | -$40.01M | $0.00 |
| Free Cash Flow | $15.76M | -$16.93M |
| YoY Change | -193.07% | 36.09% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q1 | dei |
Entity Public Float
EntityPublicFloat
|
218000000 | USD |
| CY2021Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
USD | |
| CY2021Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
USD | |
| CY2021 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
shares | |
| CY2020 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
shares | |
| CY2020 | ctxr |
Increase Decrease In Other Deposit
IncreaseDecreaseInOtherDeposit
|
USD | |
| CY2021 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
USD | |
| CY2020 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | |
| CY2020 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
| CY2020 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2020 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
USD | |
| CY2021 | ctxr |
Operating Lease Rightofuse Asset And Liability Recorded Upon Adoption
OperatingLeaseRightofuseAssetAndLiabilityRecordedUponAdoption
|
USD | |
| CY2021Q3 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
USD | |
| CY2020Q3 | us-gaap |
Minority Interest
MinorityInterest
|
USD | |
| CY2020 | us-gaap |
Revenues
Revenues
|
USD | |
| CY2020 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
USD | |
| CY2021Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
USD | |
| CY2020Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
USD |
