2023 Q4 Form 10-K Financial Statement
#000165495423015877 Filed on December 21, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2023 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.133M | $2.200M | $9.005M |
YoY Change | -5.52% | -11.53% | -15.9% |
% of Gross Profit | |||
Research & Development | $4.353M | $5.268M | $22.47M |
YoY Change | -19.29% | -18.48% | -11.37% |
% of Gross Profit | |||
Depreciation & Amortization | $1.005M | $998.7K | $2.114M |
YoY Change | 1.63% | 1.6% | 6.93% |
% of Gross Profit | |||
Operating Expenses | $6.486M | $7.468M | $31.48M |
YoY Change | -15.22% | -16.55% | -12.72% |
Operating Profit | -$6.486M | -$31.48M | |
YoY Change | -15.22% | -12.72% | |
Interest Expense | -$197.7K | -$181.9K | $675.4K |
YoY Change | 29.39% | -147.99% | -194.56% |
% of Operating Profit | |||
Other Income/Expense, Net | -$25.94K | $18.71K | -$42.81K |
YoY Change | -48.3% | -82.54% | -139.96% |
Pretax Income | -$6.710M | -$7.631M | -$32.19M |
YoY Change | -14.57% | -9.82% | -12.28% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$6.710M | -$7.631M | -$32.19M |
YoY Change | -14.57% | -9.82% | -12.28% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.14 | -$0.16 | -$0.73 |
COMMON SHARES | |||
Basic Shares Outstanding | 49.98M shares | 47.26M shares | |
Diluted Shares Outstanding | 44.48M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $3.258M | $4.150M | $4.150M |
YoY Change | -81.92% | -81.7% | -81.7% |
Cash & Equivalents | $3.241M | $4.146M | $4.146M |
Short-Term Investments | $16.13K | $4.250K | $4.250K |
Other Short-Term Assets | $549.8K | $520.4K | $520.4K |
YoY Change | 2.15% | -31.72% | -31.72% |
Inventory | $2.347M | $2.248M | $2.248M |
Prepaid Expenses | $549.8K | $520.4K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $6.154M | $6.918M | $6.918M |
YoY Change | -69.84% | -72.8% | -72.8% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $9.644M | $10.19M | $21.02M |
YoY Change | -16.29% | -14.31% | -14.94% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $2.394M | $2.394M | $2.394M |
YoY Change | 2188.08% | 1356.95% | 1356.95% |
Total Long-Term Assets | $22.56M | $23.61M | $23.61M |
YoY Change | -6.61% | -5.89% | -5.89% |
TOTAL ASSETS | |||
Total Short-Term Assets | $6.154M | $6.918M | $6.918M |
Total Long-Term Assets | $22.56M | $23.61M | $23.61M |
Total Assets | $28.71M | $30.53M | $30.53M |
YoY Change | -35.57% | -39.58% | -39.58% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.144M | $2.010M | $2.010M |
YoY Change | -28.47% | 24.19% | 24.19% |
Accrued Expenses | $985.7K | $1.050M | $1.804M |
YoY Change | 23.08% | 24.58% | 24.82% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.827M | $1.772M | $1.772M |
YoY Change | 14.21% | 10.74% | 10.74% |
Total Short-Term Liabilities | $4.867M | $5.586M | $5.586M |
YoY Change | 2.64% | 19.77% | 19.77% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $9.468M | $9.950M | $9.950M |
YoY Change | -16.18% | -15.12% | -15.12% |
Other Long-Term Liabilities | $125.0K | $125.0K | $1.778M |
YoY Change | 0.0% | 0.0% | -9.99% |
Total Long-Term Liabilities | $125.0K | $125.0K | $11.73M |
YoY Change | 0.0% | 0.0% | -14.38% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.867M | $5.586M | $5.586M |
Total Long-Term Liabilities | $125.0K | $125.0K | $11.73M |
Total Liabilities | $16.06M | $17.31M | $17.31M |
YoY Change | -10.61% | -5.7% | -5.7% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$493.8M | -$487.1M | |
YoY Change | 6.71% | 7.08% | |
Common Stock | $500.2K | $474.2K | |
YoY Change | 14.39% | 9.15% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $12.65M | $13.21M | $13.21M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $28.71M | $30.53M | $30.53M |
YoY Change | -35.57% | -39.58% | -39.58% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.710M | -$7.631M | -$32.19M |
YoY Change | -14.57% | -9.82% | -12.28% |
Depreciation, Depletion And Amortization | $1.005M | $998.7K | $2.114M |
YoY Change | 1.63% | 1.6% | 6.93% |
Cash From Operating Activities | -$4.888M | -$5.045M | -$22.85M |
YoY Change | 4.74% | 2.67% | 25.26% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $51.65K | $0.00 | $361.9K |
YoY Change | -3.6% | -100.0% | -43.27% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$13.21K | -$10.37K | -$10.37K |
YoY Change | -100.17% | ||
Cash From Investing Activities | -$64.86K | -$10.37K | -$372.3K |
YoY Change | 21.05% | -35.43% | -106.78% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $4.048M | 4.066M | $4.694M |
YoY Change | 6089.41% | -961.85% | -835.31% |
NET CHANGE | |||
Cash From Operating Activities | -$4.888M | -5.045M | -$22.85M |
Cash From Investing Activities | -$64.86K | -10.37K | -$372.3K |
Cash From Financing Activities | $4.048M | 4.066M | $4.694M |
Net Change In Cash | -$904.3K | -989.3K | -$18.53M |
YoY Change | -80.57% | -81.68% | 38.38% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.888M | -$5.045M | -$22.85M |
Capital Expenditures | $51.65K | $0.00 | $361.9K |
Free Cash Flow | -$4.940M | -$5.045M | -$23.21M |
YoY Change | 4.65% | 3.0% | 22.94% |
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|
11389932 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
29835 | usd |
CY2022 | cvm |
Increase Decrease From Stock Issuance Costs
IncreaseDecreaseFromStockIssuanceCosts
|
178455 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-36700681 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
32163207 | usd |
CY2023 | cvm |
Warrant Exercises Amount
WarrantExercisesAmount
|
447291 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
207593 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
565980 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
6552497 | usd |
CY2023 | cvm |
Incentive Stock Forfeited Amount
IncentiveStockForfeitedAmount
|
-22200 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
6308431 | usd |
CY2023 | cvm |
Increase Decrease From Stock Issuance Costs
IncreaseDecreaseFromStockIssuanceCosts
|
813606 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32194303 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13214890 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-32194303 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-36700681 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3958334 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3828917 | usd |
CY2023 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
15292 | usd |
CY2022 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
54469 | usd |
CY2023 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
655740 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
762261 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6286231 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11389932 | usd |
CY2023 | cvm |
Common Stock Contributed To Employee Benefit Plan
CommonStockContributedToEmployeeBenefitPlan
|
207593 | usd |
CY2022 | cvm |
Common Stock Contributed To Employee Benefit Plan
CommonStockContributedToEmployeeBenefitPlan
|
223043 | usd |
CY2023 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | usd |
CY2022 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
615 | usd |
CY2023 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | usd |
CY2022 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
366791 | usd |
CY2023 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | usd |
CY2022 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
30793 | usd |
CY2023 | cvm |
Gain Loss On Receivables
GainLossOnReceivables
|
0 | usd |
CY2022 | cvm |
Gain Loss On Receivables
GainLossOnReceivables
|
-54922 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
151935 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
167651 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-156727 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-159430 | usd |
CY2023 | us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
-2323346 | usd |
CY2022 | us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
1910917 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
257845 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
374890 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
207089 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-16724 | usd |
CY2023 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
85756 | usd |
CY2022 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
205495 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-22848561 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-18240951 | usd |
CY2023 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
6152000 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
361892 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
637892 | usd |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
10370 | usd |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
22741 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-372262 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5491367 | usd |
CY2023 | cvm |
Proceeds From Issuance Of Common Stocks
ProceedsFromIssuanceOfCommonStocks
|
6552497 | usd |
CY2022 | cvm |
Proceeds From Issuance Of Common Stocks
ProceedsFromIssuanceOfCommonStocks
|
0 | usd |
CY2023 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
744913 | usd |
CY2022 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
169445 | usd |
CY2023 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
447291 | usd |
CY2022 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
101225 | usd |
CY2023 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
29835 | usd |
CY2023 | cvm |
Proceeds From Landlord Funding Of Lease Improvements
ProceedsFromLandlordFundingOfLeaseImprovements
|
0 | usd |
CY2022 | cvm |
Proceeds From Landlord Funding Of Lease Improvements
ProceedsFromLandlordFundingOfLeaseImprovements
|
786454 | usd |
CY2023 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
1560455 | usd |
CY2022 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
1386495 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4694420 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-638426 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-18526403 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-13388010 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
22672138 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36060148 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4145735 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
22672138 | usd |
CY2023 | cvm |
Property And Equipment Purchases Included In Current Liabilities
PropertyAndEquipmentPurchasesIncludedInCurrentLiabilities
|
51650 | usd |
CY2022 | cvm |
Property And Equipment Purchases Included In Current Liabilities
PropertyAndEquipmentPurchasesIncludedInCurrentLiabilities
|
0 | usd |
CY2023 | cvm |
Capitalizable Patent Costs Included In Accrued Expenses And Accounts Payable
CapitalizablePatentCostsIncludedInAccruedExpensesAndAccountsPayable
|
13211 | usd |
CY2022 | cvm |
Capitalizable Patent Costs Included In Accrued Expenses And Accounts Payable
CapitalizablePatentCostsIncludedInAccruedExpensesAndAccountsPayable
|
0 | usd |
CY2023 | cvm |
Assets Purchased Under Finance Leases
AssetsPurchasedUnderFinanceLeases
|
0 | usd |
CY2022 | cvm |
Assets Purchased Under Finance Leases
AssetsPurchasedUnderFinanceLeases
|
32409 | usd |
CY2023 | cvm |
Increase Decrease To Right Of Use Assets And Liabilities
IncreaseDecreaseToRightOfUseAssetsAndLiabilities
|
0 | usd |
CY2022 | cvm |
Increase Decrease To Right Of Use Assets And Liabilities
IncreaseDecreaseToRightOfUseAssetsAndLiabilities
|
16268 | usd |
CY2023 | cvm |
Finance Lease Obligation Included In Accounts Payable
FinanceLeaseObligationIncludedInAccountsPayable
|
1451 | usd |
CY2022 | cvm |
Finance Lease Obligation Included In Accounts Payable
FinanceLeaseObligationIncludedInAccountsPayable
|
1354 | usd |
CY2023 | cvm |
Consulting Fee Paid With Issuance Of Common Stock
ConsultingFeePaidWithIssuanceOfCommonStock
|
565980 | usd |
CY2022 | cvm |
Consulting Fee Paid With Issuance Of Common Stock
ConsultingFeePaidWithIssuanceOfCommonStock
|
295143 | usd |
CY2023 | cvm |
Financing Costs Included In Current Liabilities
FinancingCostsIncludedInCurrentLiabilities
|
77703 | usd |
CY2022 | cvm |
Financing Costs Included In Current Liabilities
FinancingCostsIncludedInCurrentLiabilities
|
9010 | usd |
CY2023 | cvm |
Derivative Liabilities Exercised
DerivativeLiabilitiesExercised
|
0 | usd |
CY2022 | cvm |
Derivative Liabilities Exercised
DerivativeLiabilitiesExercised
|
70589 | usd |
CY2023 | cvm |
Accrued Consulting Services To Be Paid
AccruedConsultingServicesToBePaid
|
55000 | usd |
CY2022 | cvm |
Accrued Consulting Services To Be Paid
AccruedConsultingServicesToBePaid
|
55000 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1062564 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1157069 | usd |
CY2023 | cvm |
Liquiditydisclosure Textblock
LiquiditydisclosureTextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>2</strong><strong>.</strong> <strong>LIQUIDITY </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 45px; text-align:justify;">The Company has incurred significant costs since its inception for the acquisition of certain proprietary technology and scientific knowledge relating to the human immunological defense system, patent applications, research and development, administrative costs, construction and expansion of manufacturing and laboratory facilities and participation in clinical trials. The Company has funded such costs primarily with proceeds from loans and the public and private sale of its securities. The Company will be required to raise additional capital or find additional long-term financing to continue with its efforts to bring Multikine to market. The ability to raise capital may be dependent upon market conditions that are outside the control of the Company. The ability of the Company to obtain approval from the U.S. Food and Drug Administration (FDA) or from the regulators in Canada, the UK or Europe for the sale of products to be developed on a commercial basis is uncertain. Ultimately, the Company must complete the development of its products, obtain the appropriate regulatory approvals and obtain sufficient revenues to support its cost structure. </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 45px; text-align:justify;">To finance the Company through marketing approval, the Company plans to raise additional capital in the form of corporate partnerships, and debt and/or equity financings. The Company believes that it will be able to obtain additional financing because it has done so consistently in the past and because Multikine showed great survival benefit in the Phase III study in one of the two treatment arms for advanced primary head and neck cancer. However, there can be no assurance that the Company will be successful in raising additional funds on a timely basis or that the funds will be available to the Company on acceptable terms or at all. If the Company does not raise the necessary amounts of funding, it may have to curtail its operations until such time as it is able to raise the required funding. </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 45px; text-align:justify;">Due to the Company’s recurring losses from operations and future liquidity needs, there is substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> | |
CY2023Q3 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023 | cvm |
Net Loss Gain On Warrant Liabilities
NetLossGainOnWarrantLiabilities
|
0 | usd |
CY2022 | cvm |
Net Loss Gain On Warrant Liabilities
NetLossGainOnWarrantLiabilities
|
366791 | usd |
CY2023 | cvm |
Deemed Dividend Amount
DeemedDividendAmount
|
294000 | usd |
CY2023 | cvm |
Deemed Dividend11
DeemedDividend11
|
635000 | usd |
CY2023 | cvm |
Common Stock Issued For Service Shares
CommonStockIssuedForServiceShares
|
249997 | shares |
CY2022 | cvm |
Common Stock Issued For Service Shares
CommonStockIssuedForServiceShares
|
156547 | shares |
CY2023 | cvm |
Patents Weighted Average Amortization Period
PatentsWeightedAverageAmortizationPeriod
|
P8Y | |
CY2023 | cvm |
Amortization Of Patent Costs
AmortizationOfPatentCosts
|
38000 | usd |
CY2022 | cvm |
Amortization Of Patent Costs
AmortizationOfPatentCosts
|
49000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
32000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
29000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
25000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
22000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
19000 | usd |
CY2022Q3 | cvm |
Total
Total
|
198000 | usd |
CY2023Q3 | cvm |
Deferred Tax Assets
DeferredTaxAssets
|
60000000.0 | usd |
CY2022Q3 | cvm |
Deferred Tax Assets
DeferredTaxAssets
|
52900000 | usd |
CY2023Q3 | cvm |
Fixed Assets And Intangibles Assets
FixedAssetsAndIntangiblesAssets
|
168000 | usd |
CY2022Q3 | cvm |
Fixed Assets And Intangibles Assets
FixedAssetsAndIntangiblesAssets
|
0 | usd |
CY2023Q3 | cvm |
Fixed Assets And Intangibles
FixedAssetsAndIntangibles
|
0 | usd |
CY2022Q3 | cvm |
Fixed Assets And Intangibles
FixedAssetsAndIntangibles
|
-44000 | usd |
CY2023 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
6286231 | usd |
CY2022 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
11389932 | usd |
CY2023 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
655740 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
762261 | usd |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2022 | cvm |
Weighted Average Grant Date Fair Value Vested
WeightedAverageGrantDateFairValueVested
|
7.37 | |
CY2023 | cvm |
Weighted Average Grant Date Fair Value Vested
WeightedAverageGrantDateFairValueVested
|
7.30 | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
6796476 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.25 | |
CY2022 | cvm |
Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
|
-37629803 | usd |
CY2023 | cvm |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
44479865 | shares |
CY2023 | cvm |
Total Compensation
TotalCompensation
|
10000 | usd |
CY2023 | cvm |
Participant Compensation
ParticipantCompensation
|
0.06 | pure |
CY2023 | us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
35700000 | usd |
CY2023 | cvm |
Net Of Discount
NetOfDiscount
|
11800000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
2655000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
2740000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
2832000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
2923000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
3015000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
|
252000 | usd |
CY2023Q3 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
1772000 | usd |
CY2023Q3 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
9949000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
357000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
366000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
287000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
277000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
285000 | usd |
CY2022Q3 | cvm |
Lessee Operating Lease Liability Payments
LesseeOperatingLeaseLiabilityPayments
|
2612000 | usd |
CY2022Q3 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
197000 | usd |
CY2022Q3 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
1653000 | usd |
CY2023 | cvm |
Additional Expenses
AdditionalExpenses
|
700000 | usd |
CY2022 | cvm |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
43148888 | shares |
CY2023 | cvm |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.73 | |
CY2023 | cvm |
Proceed From Issuance Or Sale Of Equity
ProceedFromIssuanceOrSaleOfEquity
|
40000 | usd |
CY2022 | cvm |
Proceed From Issuance Or Sale Of Equity
ProceedFromIssuanceOrSaleOfEquity
|
10000 | usd |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
217752 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
25205 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
913234 | shares |
CY2023Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
1.70 | |
CY2023Q2 | cvm |
Aggregate Net Proceeds From Sale Of Securities
AggregateNetProceedsFromSaleOfSecurities
|
1550000 | usd |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2500000 | shares |
CY2023Q3 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
2.00 | |
CY2023Q3 | cvm |
Aggregate Net Proceeds From Sale Of Securities
AggregateNetProceedsFromSaleOfSecurities
|
5000000.0 | usd |
CY2023 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
6000 | usd |
CY2023 | cvm |
Weighted Average Risk Free Interest Rate
WeightedAverageRiskFreeInterestRate
|
0.0010 | pure |
CY2022Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
0 | usd |
CY2021Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
437380 | usd |
CY2022 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
0 | usd |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
0 | usd |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
|
0 | usd |
CY2022 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
|
70589 | usd |
CY2023 | cvm |
Fair Value Measured On Recurring Basis Gain Loss Included Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedEarnings
|
0 | usd |
CY2022 | cvm |
Fair Value Measured On Recurring Basis Gain Loss Included Earnings
FairValueMeasuredOnRecurringBasisGainLossIncludedEarnings
|
-366791 | usd |
CY2023Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
0 | usd |
CY2022Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
0 | usd |
CY2023 | cvm |
Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
|
-32365855 | usd |
CY2022 | cvm |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.87 |