2025 Q1 Form 10-Q Financial Statement

#000121390025014321 Filed on February 14, 2025

View on sec.gov

Income Statement

Concept 2025 Q1 2024 Q4 2024 Q3
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $2.127M
YoY Change -18.87%
% of Gross Profit
Depreciation & Amortization $0.00
YoY Change -100.0%
% of Gross Profit
Operating Expenses $10.04M
YoY Change 7.48%
Operating Profit -$10.04M
YoY Change 7.48%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $22.61K
YoY Change -91.09%
Pretax Income -$10.02M
YoY Change 10.23%
Income Tax $264.2K
% Of Pretax Income
Net Earnings -$10.28M
YoY Change 11.38%
Net Earnings / Revenue
Basic Earnings Per Share -$1.30
Diluted Earnings Per Share -$1.30
COMMON SHARES
Basic Shares Outstanding 8.593M shares 7.727M shares 180.7M shares
Diluted Shares Outstanding 7.492M shares

Balance Sheet

Concept 2025 Q1 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.100M $3.252M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $14.38M $8.269M
Prepaid Expenses $2.846M $2.700M
Receivables
Other Receivables
Total Short-Term Assets $18.33M $14.22M
YoY Change -35.03% -58.63%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $9.347M $9.347M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $102.2M $102.2M
YoY Change 268383.6% 268383.6%
Total Long-Term Assets $102.4M $102.4M
YoY Change 47.96% 47.93%
TOTAL ASSETS
Total Short-Term Assets $18.33M $14.22M
Total Long-Term Assets $102.4M $102.4M
Total Assets $120.7M $116.7M
YoY Change 23.93% 12.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.364M $4.927M
YoY Change 178.18% 68.32%
Accrued Expenses $6.242M $17.03K
YoY Change 2154.33% -96.43%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $44.81M $35.81M
YoY Change 703.14% 519.74%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $44.81M $35.81M
Total Long-Term Liabilities
Total Liabilities $51.78M $42.55M
YoY Change 329.2% 249.35%
SHAREHOLDERS EQUITY
Retained Earnings -$211.1M -$201.4M
YoY Change 23.14% 24.13%
Common Stock $7.727K $7.247K
YoY Change -95.14% -95.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $65.41M $70.08M
YoY Change
Total Liabilities & Shareholders Equity $120.7M $116.7M
YoY Change 23.93% 12.59%

Cashflow Statement

Concept 2025 Q1 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$10.28M
YoY Change 11.38%
Depreciation, Depletion And Amortization $0.00
YoY Change -100.0%
Cash From Operating Activities -$4.726M
YoY Change -22.97%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $2.574M
YoY Change
NET CHANGE
Cash From Operating Activities -$4.726M
Cash From Investing Activities
Cash From Financing Activities $2.574M
Net Change In Cash -$2.152M
YoY Change -64.93%
FREE CASH FLOW
Cash From Operating Activities -$4.726M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2024Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.15
CY2024Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P36M
CY2024Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2524824 usd
CY2023Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3058185 usd
CY2024Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
3458937 shares
CY2024Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
59705 usd
CY2023Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
59705 usd
CY2024Q4 us-gaap Variable Lease Cost
VariableLeaseCost
1264 usd
CY2023Q4 us-gaap Variable Lease Cost
VariableLeaseCost
1204 usd
CY2024Q4 us-gaap Lease Cost
LeaseCost
60969 usd
CY2023Q4 us-gaap Lease Cost
LeaseCost
60909 usd
CY2024Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y9M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2024Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.08 pure
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.08 pure
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
190716 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
21460 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
212176 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7607 usd
CY2024Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
204569 usd
CY2024Q4 ctxr Lease Asset
LeaseAsset
191412 usd
CY2024Q3 ctxr Lease Asset
LeaseAsset
246247 usd
CY2024Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
191412 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
246247 usd
CY2024Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
204569 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
241547 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21318 usd
CY2024Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
204569 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
262865 usd
CY2024Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
4870 usd
CY2023Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
9275 usd
CY2024Q4 us-gaap Payments For Fees
PaymentsForFees
250000 usd
CY2024Q4 us-gaap Production And Distribution Costs
ProductionAndDistributionCosts
17300000 usd
CY2024Q4 ctxr Agreements Amount
AgreementsAmount
4500000 usd
CY2024Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1
CY2024Q4 ctxr Salesof Common Shares
SalesofCommonShares
122650 shares
CY2024Q4 ctxr Salesof Common Shares Gross Proceeds
SalesofCommonSharesGrossProceeds
503793 usd
CY2024Q4 ctxr Sales Of Common Shares Net Proceeds
SalesOfCommonSharesNetProceeds
487050 usd
CY2024Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
3.91
CY2024Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
usd
CY2024Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2024Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2024Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2024Q4 us-gaap Revenues
Revenues
usd
CY2023Q4 us-gaap Revenues
Revenues
usd
CY2023Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
usd
CY2024Q4 ctxr Net Loss Attributable To Noncontrolling Interest
NetLossAttributableToNoncontrollingInterest
usd
CY2024Q4 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
usd
CY2024Q4 us-gaap Depreciation
Depreciation
usd
CY2023Q4 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
usd
CY2023Q4 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
usd
CY2023Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
usd
CY2024Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
270000 usd
CY2024Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2024Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2024Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
shares
CY2024Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2024Q4 dei Entity Central Index Key
EntityCentralIndexKey
0001506251
CY2024Q4 dei Amendment Flag
AmendmentFlag
false
CY2024Q4 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2025
CY2024Q4 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q4 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30

Files In Submission

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0001213900-25-014321-index-headers.html Edgar Link pending
0001213900-25-014321-index.html Edgar Link pending
0001213900-25-014321.txt Edgar Link pending
0001213900-25-014321-xbrl.zip Edgar Link pending
ctxr-20241231.xsd Edgar Link pending
ea0230774-10q_citius.htm Edgar Link pending
ea023077401ex31-1_citius.htm Edgar Link pending
ea023077401ex31-2_citius.htm Edgar Link pending
ea023077401ex32-1_citius.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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R1.htm Edgar Link pending
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R6.htm Edgar Link pending
R7.htm Edgar Link pending
ctxr-20241231_def.xml Edgar Link unprocessable
ctxr-20241231_lab.xml Edgar Link unprocessable
ctxr-20241231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
R8.htm Edgar Link pending
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report.css Edgar Link pending
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ctxr-20241231_cal.xml Edgar Link unprocessable
ea0230774-10q_citius_htm.xml Edgar Link completed