2016 Q2 Form 10-K Financial Statement
#000114420416110227 Filed on June 28, 2016
Income Statement
Concept | 2016 Q2 | 2016 | 2015 Q4 |
---|---|---|---|
Revenue | $1.918M | $5.882M | $1.459M |
YoY Change | 34.03% | 49.47% | 49.64% |
Cost Of Revenue | $1.136M | $3.992M | $1.070M |
YoY Change | 20.41% | 44.3% | 44.47% |
Gross Profit | $782.0K | $1.890M | $384.0K |
YoY Change | 60.27% | 61.71% | 63.4% |
Gross Profit Margin | 40.77% | 32.14% | 26.32% |
Selling, General & Admin | $2.625M | $11.27M | $2.835M |
YoY Change | 29.56% | 75.83% | 89.95% |
% of Gross Profit | 335.73% | 596.17% | 738.38% |
Research & Development | $135.8K | $598.1K | $227.8K |
YoY Change | 74.72% | 69.64% | 129.94% |
% of Gross Profit | 17.37% | 31.64% | 59.31% |
Depreciation & Amortization | $100.0K | $374.2K | $80.00K |
YoY Change | 118.95% | 89.05% | 60.0% |
% of Gross Profit | 12.79% | 19.8% | 20.83% |
Operating Expenses | $2.761M | $11.87M | $3.063M |
YoY Change | 31.23% | 75.5% | 92.43% |
Operating Profit | -$1.979M | -$8.766M | -$2.679M |
YoY Change | 22.45% | 56.73% | 97.42% |
Interest Expense | $21.24K | $139.4K | $79.95K |
YoY Change | -93.01% | -90.24% | 64.48% |
% of Operating Profit | |||
Other Income/Expense, Net | -$1.915K | -$4.341M | -$1.347K |
YoY Change | 96.41% | 101668.35% | -29.33% |
Pretax Income | -$3.932M | -$13.11M | -$2.760M |
YoY Change | 104.7% | 86.58% | 96.07% |
Income Tax | $2.484K | $5.673K | $305.00 |
% Of Pretax Income | |||
Net Earnings | -$3.935M | -$9.820M | -$2.760M |
YoY Change | 104.49% | 39.75% | 96.05% |
Net Earnings / Revenue | -205.16% | -166.95% | -189.2% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$276.8K | -$675.8K | -$381.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 14.27M shares | 7.225M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q2 | 2016 | 2015 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.500M | $4.500M | $5.200M |
YoY Change | 87.5% | 60.71% | 550.0% |
Cash & Equivalents | $4.526M | $4.500M | $5.247M |
Short-Term Investments | |||
Other Short-Term Assets | $300.0K | $300.0K | $289.0K |
YoY Change | 13.97% | 50.0% | 188.97% |
Inventory | $100.0K | $100.0K | $52.88K |
Prepaid Expenses | |||
Receivables | $1.000M | $1.200M | $616.8K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $5.900M | $6.100M | $6.206M |
YoY Change | 68.02% | 48.78% | 343.29% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.400M | $1.600M | $875.7K |
YoY Change | 267.11% | 23.08% | 191.89% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $400.0K | $400.0K | $400.0K |
YoY Change | 0.0% | ||
Total Long-Term Assets | $1.800M | $2.000M | $1.253M |
YoY Change | 253.85% | 17.65% | 150.51% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.900M | $6.100M | $6.206M |
Total Long-Term Assets | $1.800M | $2.000M | $1.253M |
Total Assets | $7.700M | $8.100M | $7.459M |
YoY Change | 91.54% | 39.66% | 292.56% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.400M | $1.200M | $1.100M |
YoY Change | 133.33% | -7.69% | 57.14% |
Accrued Expenses | $400.0K | $400.0K | $400.0K |
YoY Change | 0.0% | -20.0% | -33.33% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $900.0K | $700.0K | $1.000M |
YoY Change | -10.0% | 75.0% | -23.08% |
Total Short-Term Liabilities | $2.600M | $2.200M | $2.468M |
YoY Change | 31.8% | 0.0% | -17.72% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $200.0K | ||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $200.0K | $0.00 |
YoY Change | -66.67% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.600M | $2.200M | $2.468M |
Total Long-Term Liabilities | $0.00 | $200.0K | $0.00 |
Total Liabilities | $2.600M | $2.400M | $2.468M |
YoY Change | 31.8% | -11.11% | -17.72% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | $114.3M | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.100M | $5.700M | $4.990M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.700M | $8.100M | $7.459M |
YoY Change | 91.54% | 39.66% | 292.56% |
Cashflow Statement
Concept | 2016 Q2 | 2016 | 2015 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.935M | -$9.820M | -$2.760M |
YoY Change | 104.49% | 39.75% | 96.05% |
Depreciation, Depletion And Amortization | $100.0K | $374.2K | $80.00K |
YoY Change | 118.95% | 89.05% | 60.0% |
Cash From Operating Activities | -$1.450M | -$5.719M | -$1.400M |
YoY Change | -22.46% | -9.37% | 30.84% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $193.9K | $1.063M | -$370.0K |
YoY Change | 76.85% | 1415.65% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$190.0K | -$1.068M | -$370.0K |
YoY Change | 72.73% | -4.65% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 3.380M | $6.064M | -40.00K |
YoY Change | 14.19% | -31.17% | -102.31% |
NET CHANGE | |||
Cash From Operating Activities | -1.450M | -$5.719M | -1.400M |
Cash From Investing Activities | -190.0K | -$1.068M | -370.0K |
Cash From Financing Activities | 3.380M | $6.064M | -40.00K |
Net Change In Cash | 1.740M | -$722.9K | -1.810M |
YoY Change | 77.55% | -152.38% | -374.24% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.450M | -$5.719M | -$1.400M |
Capital Expenditures | $193.9K | $1.063M | -$370.0K |
Free Cash Flow | -$1.644M | -$6.782M | -$1.030M |
YoY Change | -16.96% | 6.3% | -3.74% |
Facts In Submission
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---|---|---|---|---|
CY2016 | dei |
Trading Symbol
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CYRX | |
CY2016Q2 | dei |
Entity Common Stock Shares Outstanding
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Inventory Net
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|
69680 | USD |
CY2015Q1 | us-gaap |
Assets Current
AssetsCurrent
|
2161902 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
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|
307926 | USD |
CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
136821 | USD |
CY2015Q1 | us-gaap |
Deposits Assets
DepositsAssets
|
0 | USD |
CY2015Q1 | us-gaap |
Assets
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Accounts Payable And Accrued Liabilities Current
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Notes Payable Current
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Notes Payable Related Parties Noncurrent
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Liabilities
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Common Stock Value
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|
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Additional Paid In Capital Common Stock
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Liabilities
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Research And Development Expense
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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|
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Income Tax Expense Benefit
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|
3625 | USD |
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Net Income Loss
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|
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Other Preferred Stock Dividends And Adjustments
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|
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Preferred Stock Dividends Income Statement Impact
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|
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Weighted Average Number Of Share Outstanding Basic And Diluted
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Earnings Per Share Basic And Diluted
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|
-2.05 | |
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Liabilities Current
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Notes Payable Related Parties Noncurrent
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Common Stock Value
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Interest Expense
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Income Tax Expense Benefit
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Assets
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Accounts Payable And Accrued Liabilities Current
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Employee Related Liabilities Current
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Notes Payable Related Parties Classified Current
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Deposits Assets
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|
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Retained Earnings Accumulated Deficit
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|
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Sales Revenue Net
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Cost Of Revenue
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Gross Profit
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Research And Development Expense
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Other Preferred Stock Dividends And Adjustments
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|
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Preferred Stock Dividends Income Statement Impact
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|
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Depreciation Depletion And Amortization
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Amortization Of Financing Costs And Discounts
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Amortization Of Financing Costs And Discounts
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Share Based Compensation
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Share Based Compensation
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Disposal Group Not Discontinued Operation Gain Loss On Disposal
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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Increase Decrease In Accounts Payable And Accrued Liabilities
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Increase Decrease In Employee Related Liabilities
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Increase Decrease In Employee Related Liabilities
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Payments To Acquire Property Plant And Equipment
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Net Cash Provided By Used In Investing Activities Continuing Operations
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Repayments Of Notes Payable
RepaymentsOfNotesPayable
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Repayments Of Notes Payable
RepaymentsOfNotesPayable
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Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
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Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
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CY2016 | us-gaap |
Payments Of Financing Costs
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Payments Of Financing Costs
PaymentsOfFinancingCosts
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Repayments Of Related Party Debt
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CY2015 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
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CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
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|
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CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
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|
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CY2016 | us-gaap |
Net Cash Provided By Used In Continuing Operations
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Net Cash Provided By Used In Continuing Operations
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Disposal Group Not Discontinued Operation Gain Loss On Disposal
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Interest Paid
InterestPaid
|
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CY2016 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
3625 | USD |
CY2015 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1600 | USD |
CY2016 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
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CY2015 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
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Cash And Cash Equivalents At Carrying Value
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|
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Interest Paid
InterestPaid
|
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CY2016 | cyrx |
Debt Conversion Converted Instrument Related Party Amount Warrant Issued
DebtConversionConvertedInstrumentRelatedPartyAmountWarrantIssued
|
26901 | USD |
CY2015 | cyrx |
Debt Conversion Converted Instrument Related Party Amount Warrant Issued
DebtConversionConvertedInstrumentRelatedPartyAmountWarrantIssued
|
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CY2016 | cyrx |
Fair Value Of Warrants Issued Notes Payable
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|
0 | USD |
CY2015 | cyrx |
Fair Value Of Warrants Issued Notes Payable
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|
458937 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
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|
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CY2015 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
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|
4607571 | USD |
CY2016 | cyrx |
Maturity Period Of Highly Liquid Investments
MaturityPeriodOfHighlyLiquidInvestments
|
P90D | |
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Accrued Vacation Current
AccruedVacationCurrent
|
199190 | USD |
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Accrued Vacation Current
AccruedVacationCurrent
|
159992 | USD |
CY2016Q1 | cyrx |
Accrued Board Of Director Fees Current
AccruedBoardOfDirectorFeesCurrent
|
48500 | USD |
CY2015Q1 | cyrx |
Accrued Board Of Director Fees Current
AccruedBoardOfDirectorFeesCurrent
|
401532 | USD |
CY2016Q1 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
0 | USD |
CY2015Q1 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
2947 | USD |
CY2016Q1 | us-gaap |
Due To Related Parties Current And Noncurrent
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|
966000 | USD |
CY2016Q1 | us-gaap |
Cash
Cash
|
2600000 | USD |
CY2015Q1 | us-gaap |
Cash
Cash
|
1300000 | USD |
CY2016Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | USD |
CY2015Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
12200 | USD |
CY2016Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
22100 | USD |
CY2016Q1 | us-gaap |
Inventory Raw Materials
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|
56923 | USD |
CY2015Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
41725 | USD |
CY2016Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
12878 | USD |
CY2015Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
27955 | USD |
CY2016Q1 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
50615 | USD |
CY2015Q1 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
30746 | USD |
CY2016Q1 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
301722 | USD |
CY2015Q1 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
283943 | USD |
CY2016Q1 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
406471 | USD |
CY2015Q1 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
23652 | USD |
CY2016Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1221696 | USD |
CY2015Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1131546 | USD |
CY2016 | us-gaap |
Depreciation
Depreciation
|
209100 | USD |
CY2015 | us-gaap |
Depreciation
Depreciation
|
154700 | USD |
CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
594502 | USD |
CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
585921 | USD |
CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
701341 | USD |
CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
564520 | USD |
CY2016 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
30100 | USD |
CY2015 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
43200 | USD |
CY2016Q1 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
261064 | USD |
CY2015Q1 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
161241 | USD |
CY2016Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
6.00 | |
CY2016 | cyrx |
Discount Price Per Share Percentage
DiscountPricePerSharePercentage
|
0.2 | pure |
CY2015 | cyrx |
Class Of Warrant Or Rights Expiration Date
ClassOfWarrantOrRightsExpirationDate
|
2020-03-01 | |
CY2016 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
58500 | USD |
CY2015 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
33500 | USD |
CY2016Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
6100 | USD |
CY2015Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
4600 | USD |
CY2016 | cyrx |
Estimated Base Rent Under Lease
EstimatedBaseRentUnderLease
|
24700 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
302400 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
311300 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
315000 | USD |
CY2016 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
134000 | USD |
CY2015 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
169000 | USD |
CY2016 | cyrx |
Consulting Service Fee
ConsultingServiceFee
|
290100 | USD |
CY2016Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
2120000 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
1554000 | USD |
CY2016Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
35000 | USD |
CY2015 | cyrx |
Consulting Service Fee
ConsultingServiceFee
|
339300 | USD |
CY2016Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
19209000 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
16830000 | USD |
CY2016Q1 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
56000 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
56000 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
20000 | USD |
CY2016Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
21420000 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
18460000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-3338000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-2382000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-349000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-187000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
76000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
462000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
184000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
874000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
3161000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1235000 | USD |
CY2016Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2500000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2500000 | shares |
CY2016Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | USD |
CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
12251313 | shares |
CY2016Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
12251313 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5026585 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5026585 | shares |
CY2016 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5925171 | USD |
CY2015 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3497230 | USD |
CY2016 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
4155776 | USD |
CY2015 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2912151 | USD |
CY2016 | cyrx |
Loss On Write Off Patents
LossOnWriteOffPatents
|
98086 | USD |
CY2015 | cyrx |
Loss On Write Off Patents
LossOnWriteOffPatents
|
0 | USD |
CY2016 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
363403 | USD |
CY2015 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-9358 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5938099 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2016 | cyrx |
Convertible Preferred Stock Beneficial Conversion Feature And Fair Value Of Warrants Issued
ConvertiblePreferredStockBeneficialConversionFeatureAndFairValueOfWarrantsIssued
|
4474348 | USD |
CY2015 | cyrx |
Convertible Preferred Stock Beneficial Conversion Feature And Fair Value Of Warrants Issued
ConvertiblePreferredStockBeneficialConversionFeatureAndFairValueOfWarrantsIssued
|
4864292 | USD |
CY2016 | cyrx |
Proceeds From Issuance Of Common Stock Accrued Board Of Director Compensation
ProceedsFromIssuanceOfCommonStockAccruedBoardOfDirectorCompensation
|
54813 | USD |
CY2015 | cyrx |
Proceeds From Issuance Of Common Stock Accrued Board Of Director Compensation
ProceedsFromIssuanceOfCommonStockAccruedBoardOfDirectorCompensation
|
0 | USD |
CY2016 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
1068055 | USD |
CY2015 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
0 | USD |
CY2016 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1175934 | shares |
CY2015 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2397712 | shares |
CY2016 | us-gaap |
Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
98100 | USD |
CY2016Q1 | cyrx |
Cryogenic Shippers And Data Loggers
CryogenicShippersAndDataLoggers
|
1287781 | USD |
CY2015Q1 | cyrx |
Cryogenic Shippers And Data Loggers
CryogenicShippersAndDataLoggers
|
1034554 | USD |
CY2016Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2541437 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1439472 | USD |
CY2016Q1 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
494848 | USD |
CY2015Q1 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
66577 | USD |
CY2016 | cyrx |
Noncash Or Part Noncash Acquisition Reclassification Of Shipper Inventory To Fixed Assets
NoncashOrPartNoncashAcquisitionReclassificationOfShipperInventoryToFixedAssets
|
70350 | USD |
CY2015 | cyrx |
Noncash Or Part Noncash Acquisition Reclassification Of Shipper Inventory To Fixed Assets
NoncashOrPartNoncashAcquisitionReclassificationOfShipperInventoryToFixedAssets
|
0 | USD |
CY2016 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
200000 | USD |
CY2015 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
0 | USD |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2304495 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
864306 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2916065 | USD |
CY2015 | cyrx |
Stockissued During Period Value New Issues1
StockissuedDuringPeriodValueNewIssues1
|
1691506 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
92609 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
826919 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
17400 | USD |
CY2015 | cyrx |
Adjustments To Additional Paid In Capital Warrant Issued Related Party Notes Payable
AdjustmentsToAdditionalPaidInCapitalWarrantIssuedRelatedPartyNotesPayable
|
280370 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
458937 | USD |
CY2016 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2572296 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
10881 | USD |
CY2016 | cyrx |
Adjustments To Additional Paid In Capital Warrant Issued Related Party Notes Payable
AdjustmentsToAdditionalPaidInCapitalWarrantIssuedRelatedPartyNotesPayable
|
26901 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
150150 | USD |
CY2015Q1 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
1300000 | USD |
CY2015Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
6.00 | |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
324500 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
334200 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
668400 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
2255800 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1766997 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
5938099 | USD |
CY2016 | cyrx |
Stock Issued During Period Value Conversion Of Convertible Preferred Stock
StockIssuedDuringPeriodValueConversionOfConvertiblePreferredStock
|
0 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
216529 | USD |
CY2016 | cyrx |
Stockissued During Period Value New Issues1
StockissuedDuringPeriodValueNewIssues1
|
3896678 | USD |
CY2016Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
3.57 | |
CY2016Q1 | cyrx |
Number Of Stock Units Issued
NumberOfStockUnitsIssued
|
2090750 | shares |
CY2016Q1 | cyrx |
Number Of Stock Units Issued Price Per Unit
NumberOfStockUnitsIssuedPricePerUnit
|
3.25 | |
CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016 | us-gaap |
Convertible Preferred Stock Terms Of Conversion
ConvertiblePreferredStockTermsOfConversion
|
As a result, all outstanding shares of Preferred Stock were automatically exchanged at the Mandatory Exchange Time for such units sold in the Qualified Offering (consisting of one share of Common Stock and one Warrant) at an exchange rate determined by: 1) multiplying the number of shares of Preferred Stock to be exchanged by the Class A Original Issue Price or Class B Original Issue Price (as defined in the Certificates of Designation), or $12.00 per share; 2) adding to the result all dividends then accrued but unpaid on such shares of Preferred Stock to be exchanged of $1,068,100; then 3) dividing the result by $2.60 (which is eighty percent (80%) of the price per unit issued in the Qualified Offering). | |
CY2016Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
266100 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
270000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0 | USD |
CY2016Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
15153193 | shares |
CY2016 | cyrx |
Debt Instrument Convertible Beneficial Conversion Feature Related Party Notes Payable
DebtInstrumentConvertibleBeneficialConversionFeatureRelatedPartyNotesPayable
|
-521056 | USD |
CY2015 | cyrx |
Debt Instrument Convertible Beneficial Conversion Feature Related Party Notes Payable
DebtInstrumentConvertibleBeneficialConversionFeatureRelatedPartyNotesPayable
|
0 | USD |
CY2016 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2018-03-31 | |
CY2015Q3 | dei |
Entity Public Float
EntityPublicFloat
|
23081331 | USD |
CY2016Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
248729 | USD |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
97337 | USD |
CY2016 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
521056 | USD |
CY2016 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="center"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b>Note 1. Nature of the Business</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in" align="justify">Cryoport is the premier provider of cryogenic logistics solutions to the life sciences industry through its purpose-built proprietary packaging, information technology and specialized cold chain logistics expertise. The Company provides leading edge logistics solutions for biologic materials, such as immunotherapies, stem cells, CAR-T cells and reproductive cells for clients worldwide. Leading global companies, such as FedEx, UPS and DHL have each separately selected Cryoport as the preferred cryogenic logistics provider for time- and temperature-sensitive biological material.  Cryoport actively supports points-of-care, contract research organizations, central laboratories, pharmaceutical companies, contract manufacturers and university researchers.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;CLEAR: both">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in"> The Company is a Nevada corporation and its common stock is traded on the NASDAQ Capital Market exchange under the ticker symbol “CYRX.” </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0in 0px 0in 0.25in; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><i>Going Concern</i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The consolidated financial statements have been prepared using the accrual method of accounting in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. We have sustained operating losses since our inception and have used substantial amounts of working capital in our operations. At March 31, 2016, we had an accumulated deficit of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">113.1</font> million. During the year ended March 31, 2016, we used cash in operations of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">6.3</font> million and had a net loss of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">9.8</font> million.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="FONT-SIZE: 10pt">We expect to continue to incur substantial additional operating losses from costs related to the commercialization of our Cryoport Express<sup style="font-style:normal">®</sup></font> <font style="FONT-SIZE: 10pt">Solutions and do not expect that revenues from operations will be sufficient to satisfy our funding requirements in the near term. We believe that our cash resources at March 31, 2016, together with the proceeds from the tender offer completed in April 2016, the rights offering completed in June 2016, and revenues generated from our services will be sufficient to sustain our planned operations through the third quarter of fiscal year 2017; however, we must obtain additional capital to fund operations thereafter and for the achievement of sustained profitable operations. These factors raise substantial doubt about our ability to continue as a going concern. We are currently working on funding alternatives in order to secure sufficient operating capital to allow us to continue to operate as a going concern.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="FONT-SIZE: 10pt">Future capital requirements will depend upon many factors, including the success of our commercialization efforts and the level of customer adoption of our Cryoport Express<sup style="font-style:normal">®</sup></font> <font style="FONT-SIZE: 10pt">Solutions as well as our ability to establish additional collaborative arrangements. We cannot make any assurances that the sales ramp will lead to achievement of sustained profitable operations or that any additional financing will be completed on a timely basis and on acceptable terms or at all. Management’s inability to successfully achieve significant revenue increases or implement cost reduction strategies or to complete any other financing will adversely impact our ability to continue as a going concern. To address this issue, we are seeking additional capitalization to properly fund our efforts to become a self-sustaining financially viable entity.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015Q1 | us-gaap |
Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
|
280400 | USD |
CY2016 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
259600 | USD |
CY2015 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
20800 | USD |
CY2016 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><strong><i>Reclassification</i></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Certain prior period financial statement amounts have been reclassified to conform to the current period presentation.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2016 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><strong><i><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Use of Estimates</font></i></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of the consolidated financial statements in conformity with U.S. GAAP 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from estimated amounts. The Company’s significant estimates include the allowance for doubtful accounts, recoverability of long-lived assets, allowance for inventory obsolescence, deferred taxes and their accompanying valuations, and valuation of equity instruments and conversion features.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2016 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><strong><i><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Concentrations of Credit Risk</font></i></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company maintains its cash accounts in financial institutions. Accounts at these institutions are insured by the Federal Deposit Insurance Corporation (“FDIC”) with basic deposit insurance coverage limits up to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">250,000</font> per owner. At March 31, 2016 and 2015, the Company had cash balances of approximately $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2.6</font> million and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1.3</font> million, respectively, which exceeded the FDIC insurance limit. The Company performs ongoing evaluations of these institutions to limit its concentration risk exposure.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></font></div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015 | us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
305300 | USD |
CY2016 | cyrx |
Warrants Expiration Date
WarrantsExpirationDate
|
2018-12-31 | |
CY2015 | cyrx |
Adjustments To Additional Paid In Capital Fair Value Of Convertible Debt And Warrants With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalFairValueOfConvertibleDebtAndWarrantsWithConversionFeature
|
0 | USD |
CY2016 | cyrx |
Adjustments To Additional Paid In Capital Fair Value Of Convertible Debt And Warrants With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalFairValueOfConvertibleDebtAndWarrantsWithConversionFeature
|
0 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-12 | |
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1431000 | USD |
CY2015Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1437000 | USD |
CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1555000 | USD |
CY2015Q2 | us-gaap |
Gross Profit
GrossProfit
|
488000 | USD |
CY2015Q3 | us-gaap |
Gross Profit
GrossProfit
|
436000 | USD |
CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
582000 | USD |
CY2015Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1459000 | USD |
CY2015Q4 | us-gaap |
Gross Profit
GrossProfit
|
384000 | USD |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1616000 | USD |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1822000 | USD |
CY2016 | us-gaap |
Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
|
0.96 | |
CY2016 | us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
0 | USD |
CY2015Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2679000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2624000 | USD |
CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.31 | |
CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.41 | |
CY2015Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.42 | |
CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.26 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.61 | |
CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.64 | |
CY2014Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.40 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.79 | |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6607000 | USD |
CY2015Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2665000 | USD |
CY2015Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2785000 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
937000 | USD |
CY2014Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
825000 | USD |
CY2014Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
975000 | USD |
CY2015Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1198000 | USD |
CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
339000 | USD |
CY2014Q3 | us-gaap |
Gross Profit
GrossProfit
|
225000 | USD |
CY2014Q4 | us-gaap |
Gross Profit
GrossProfit
|
235000 | USD |
CY2015Q1 | us-gaap |
Gross Profit
GrossProfit
|
370000 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1168000 | USD |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1375000 | USD |
CY2014Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1357000 | USD |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1693000 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2297000 | USD |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1385000 | USD |
CY2014Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1408000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1937000 | USD |
CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
8600 | USD |