2022 Q2 Form 10-Q Financial Statement

#000143774922012148 Filed on May 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q1
Revenue $658.6K $648.4M $460.5M
YoY Change -29.72% 40.8% 145924.38%
Cost Of Revenue $411.1K $404.7M $390.8M
YoY Change -50.44% 3.58% 140369.91%
Gross Profit $247.4K $243.7M $69.76M
YoY Change 129.99% 249.32% 187471.93%
Gross Profit Margin 37.57% 37.58% 15.15%
Selling, General & Admin $1.714M $1.656M $1.550M
YoY Change -1.92% 6.82% -6.06%
% of Gross Profit 692.69% 0.68% 2.22%
Research & Development $1.831M $1.343B $1.808B
YoY Change -17.13% -25.73% 239239.58%
% of Gross Profit 739.88% 551.07% 2591.96%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.831M $1.343B $1.808B
YoY Change -17.13% -25.73% 239239.58%
Operating Profit -$3.318M -$2.745B -$3.321B
YoY Change -14.2% -17.35% 139274.12%
Interest Expense $30.01K $2.968M $25.67M
YoY Change 43.58% -88.44% 15145.01%
% of Operating Profit
Other Income/Expense, Net $30.01K $253.0M $25.67M
YoY Change 43.58% 885.46%
Pretax Income -$3.288M -$2.492M -$3.290M
YoY Change -14.51% -24.27% 48.87%
Income Tax
% Of Pretax Income
Net Earnings -$3.288M -$2.492M -$3.295M
YoY Change -14.51% -24.38% 48.81%
Net Earnings / Revenue -499.28% -0.38% -0.72%
Basic Earnings Per Share -$0.12 -$0.09 -$0.12
Diluted Earnings Per Share -$116.3K -$88.20K -$119.5K
COMMON SHARES
Basic Shares Outstanding 28.26M 27.55M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.64M $15.44M $27.23M
YoY Change -38.91% -43.3% -12.95%
Cash & Equivalents $9.476M $12.42B $13.06M
Short-Term Investments $6.164M $3.021M $14.18M
Other Short-Term Assets $104.8K $244.2K $220.0K
YoY Change 3.91% 10.99% -24.14%
Inventory
Prepaid Expenses
Receivables $1.145M $528.2M $385.0K
Other Receivables $42.24K $28.90K $160.0K
Total Short-Term Assets $16.93M $16.24B $27.99M
YoY Change -35.26% 57922.59% -14.71%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $284.7K $2.283M $280.0K
YoY Change 0.0% 715.3% -88.89%
Other Assets $6.024K $6.104M $6.151K
YoY Change -2.4% 99135.9% -87.82%
Total Long-Term Assets $290.7K $2.289B $290.9K
YoY Change -0.05% 786853.52% -88.68%
TOTAL ASSETS
Total Short-Term Assets $16.93M $16.24B $27.99M
Total Long-Term Assets $290.7K $2.289B $290.9K
Total Assets $17.22M $18.53B $28.28M
YoY Change -34.88% 65419.07% -20.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.095M $866.3M $1.474M
YoY Change -55.02% 58680.93% 125.57%
Accrued Expenses $1.224M $533.0M $277.7K
YoY Change 105.84% 191858.38% 15.69%
Deferred Revenue $901.3K $315.0M $842.2K
YoY Change 248.34% 37300.62% 247.4%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.397M $1.826B $2.594M
YoY Change 3.31% 70319.08% 128.36%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $264.7K $308.8K
YoY Change
Total Long-Term Liabilities $264.7K $308.8K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.397M $1.826B $2.594M
Total Long-Term Liabilities $264.7K $308.8K $0.00
Total Liabilities $3.662M $2.135B $2.590M
YoY Change 11.36% 82344.13% 127.19%
SHAREHOLDERS EQUITY
Retained Earnings -$69.53M -$66.24B -$53.97M
YoY Change 20.25% 122628.69% 23.89%
Common Stock $40.52K $40.52M $39.81K
YoY Change 0.46% 101683.56% 0.24%
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.93M $18.93B $18.90M
YoY Change 0.16% 100058.28% 0.0%
Treasury Stock Shares
Shareholders Equity $13.56M $16.39M $25.69M
YoY Change
Total Liabilities & Shareholders Equity $17.22M $18.53B $28.28M
YoY Change -34.88% 65419.07% -20.08%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$3.288M -$2.492M -$3.295M
YoY Change -14.51% -24.38% 48.81%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$1.775M -$2.850B -$1.907B
YoY Change -25.96% 49.51% 95400.18%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.156M -$520.9K -$5.780M
YoY Change -146.33% -90.99% -440.0%
Cash From Investing Activities -$1.156M -$520.9M -$5.784B
YoY Change -146.33% -90.99% -340809.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 $42.35M $115.8M
YoY Change -100.0% -63.43% 66071.43%
NET CHANGE
Cash From Operating Activities -1.775M -$2.850B -$1.907B
Cash From Investing Activities -1.156M -$520.9M -$5.784B
Cash From Financing Activities 0.000 $42.35M $115.8M
Net Change In Cash -2.932M -$3.329B -$7.581B
YoY Change -404.0% -56.08% 5983095.88%
FREE CASH FLOW
Cash From Operating Activities -$1.775M -$2.850B -$1.907B
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
28264157
CY2022Q1 us-gaap Held To Maturity Securities Noncurrent
HeldToMaturitySecuritiesNoncurrent
1998120000 USD
CY2021Q4 us-gaap Held To Maturity Securities Noncurrent
HeldToMaturitySecuritiesNoncurrent
0 USD
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40517659
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40482659
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28264157
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28229157
CY2022Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
12253502
CY2021Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
12253502
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 pure
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2021 dyai Deferred Tax Assets Valuation Allowance Coverage Percent
DeferredTaxAssetsValuationAllowanceCoveragePercent
1 pure
CY2021 dyai Research And Development Expense Related Party
ResearchAndDevelopmentExpenseRelatedParty
0 USD
CY2017Q2 dyai Collaborative Arrangement Payment For Research And Development Agreement
CollaborativeArrangementPaymentForResearchAndDevelopmentAgreement
1000000.0 EUR
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12419029000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15748480000 USD
CY2022Q1 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
3021064000 USD
CY2021Q4 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
4511780000 USD
CY2022Q1 us-gaap Interest Receivable Current
InterestReceivableCurrent
28894000 USD
CY2021Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
94375000 USD
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
528151000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
277831000 USD
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
244170000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
375830000 USD
CY2022Q1 us-gaap Assets Current
AssetsCurrent
16241308000 USD
CY2021Q4 us-gaap Assets Current
AssetsCurrent
21008296000 USD
CY2022Q1 dyai Prepaid Research And Development In Process Current
PrepaidResearchAndDevelopmentInProcessCurrent
284709000 USD
CY2021Q4 dyai Prepaid Research And Development In Process Current
PrepaidResearchAndDevelopmentInProcessCurrent
284709000 USD
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6104000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6117000 USD
CY2022Q1 us-gaap Assets
Assets
18530241000 USD
CY2021Q4 us-gaap Assets
Assets
21299122000 USD
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
866321000 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1547953000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
533007000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
709560000 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
315006000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
151147000 USD
CY2022Q1 dyai Deferred License Revenue Current
DeferredLicenseRevenueCurrent
112146000 USD
CY2021Q4 dyai Deferred License Revenue Current
DeferredLicenseRevenueCurrent
147059000 USD
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1826480000 USD
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2555719000 USD
CY2022Q1 dyai Deferred License Revenue Net Of Current Portion
DeferredLicenseRevenueNetOfCurrentPortion
308823000 USD
CY2021Q4 dyai Deferred License Revenue Net Of Current Portion
DeferredLicenseRevenueNetOfCurrentPortion
352941000 USD
CY2022Q1 us-gaap Liabilities
Liabilities
2135303000 USD
CY2021Q4 us-gaap Liabilities
Liabilities
2908660000 USD
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
40518000 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
40483000 USD
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
101522602000 USD
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
101026496000 USD
CY2022Q1 us-gaap Treasury Stock Value
TreasuryStockValue
18929915000 USD
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
18929915000 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-66238267000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-63746602000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
16394938000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
18390462000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18530241000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
21299122000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
648427000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
460520000 USD
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
404746000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
390762000 USD
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1342862000 USD
CY2021Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1808098000 USD
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1655700000 USD
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1554007000 USD
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
10248000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-28272000 USD
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
3393060000 USD
CY2021Q1 us-gaap Costs And Expenses
CostsAndExpenses
3781139000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-2744633000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3320619000 USD
CY2022Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
2968000 USD
CY2021Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
25670000 USD
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
250000000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
252968000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
25670000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2491665000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-3294949000 USD
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2022Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
28251324
CY2021Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
27533268
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
18390462000 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
453791000 USD
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
42350000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2491665000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
16394938000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
28446561000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
421071000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
115800000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-3294949000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
25688483000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2491665000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-3294949000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
453791000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
421071000 USD
CY2022Q1 us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
13446000 USD
CY2021Q1 us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
63951000 USD
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
10247000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-28272000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-65481000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
44954000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
241002000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
131800000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-131299000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-64297000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-679918000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
480455000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-176396000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-212088000 USD
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
163859000 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
719232000 USD
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-79031000 USD
CY2021Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2850383000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1906513000 USD
CY2022Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
5020850000 USD
CY2021Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
11283940000 USD
CY2022Q1 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
4500000000 USD
CY2021Q1 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
5500000000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-520850000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5783940000 USD
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
42350000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
115800000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
42350000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
115800000 USD
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-568000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-6834000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3329451000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7581487000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15748480000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
20637045000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
12419029000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13055558000 USD
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"/> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"><b><i>Use of Estimates</i></b></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">The preparation of these consolidated financial statements in accordance with GAAP requires management to make estimates and judgments that affect the reported amount of assets and liabilities and related disclosure of contingent assets and liabilities at the date of our consolidated financial statements and the reported amounts of revenues and expenses during the applicable period. Actual results <em style="font: inherit;"> may </em>differ from these estimates under different assumptions or conditions. Such differences could be material to the consolidated financial statements.</p>
CY2022Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"/> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"><b><i>Concentrations and Credit Risk</i></b></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;">The Company’s financial instruments that are potentially subject to concentrations of credit risk consist primarily of cash and cash equivalents, investment securities, and accounts receivable. At times, the Company has cash, cash equivalents, and investment securities at financial institutions exceeding the Federal Depository Insurance Company (“FDIC”) and the Securities Investor Protection Corporation (“SIPC”) insured limit on domestic currency and the Netherlands’ FDIC counterpart for foreign currency. The Company only deals with reputable financial institutions and has <em style="font: inherit;">not</em> experienced any losses in such accounts.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;">For each of the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2022 </em>and <em style="font: inherit;">2021</em>, the Company’s revenue was generate<span style="background-color:#ffffff;">d from <span style="-sec-ix-hidden:c84227426"><span style="-sec-ix-hidden:c84227427">eight</span></span> customers. As of </span><em style="font: inherit;"> March 31, 2022</em><span style="background-color:#ffffff;"> and </span><em style="font: inherit;"> December 31, 2021</em><span style="background-color:#ffffff;">, the Company’s accounts receivable was from <span style="-sec-ix-hidden:c84227428">six</span></span><span style="background-color:#ffffff;"> and <span style="-sec-ix-hidden:c84227429">eight</span> customers, respectively. The loss of business from <em style="font: inherit;">one</em> or a combination of the Company’s customers could adversely affect its operations.</span></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">The Company conducts operations in the Netherlands through its foreign subsidiary and generates a portion of its revenues from customers that are located outside of the United States. For the <em style="font: inherit;">three</em> months en<span style="background-color:#ffffff;">ded </span><em style="font: inherit;"> March 31, 2022 </em>and <em style="font: inherit;">2021</em><span style="background-color:#ffffff;">, the Company had <span style="-sec-ix-hidden:c84227433">three</span> and <span style="-sec-ix-hidden:c84227434">six</span> customers outside of the United States (i.e., European and Asian customers) that accounted for approximately $136,000 or 25.5% and $353,000 or 76.6% of the revenue, respectively. </span></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">As of <em style="font: inherit;"> March 31, 2022</em>, the Company had <span style="-sec-ix-hidden:c84227439">three</span> customers outside of the United States (i.e., European and Asian customers) that accounted for approximately $244,000 or 46.2% of accounts receivable. As of <em style="font: inherit;"> December 31, 2021</em>, the Company had <span style="-sec-ix-hidden:c84227442">four</span> customers outside of the United States that accounted for approximately $157,000 or 56.4% of accounts receivable.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-indent: 36pt; text-align: justify;"><span style="background-color:#ffffff;">The Company uses several contract research organizations (“CROs”) to conduct its research projects. For the <em style="font: inherit;">three</em> months ended </span><em style="font: inherit;"> March 31, 2022 </em>and <em style="font: inherit;">2021</em><span style="background-color:#ffffff;">, <span style="-sec-ix-hidden:c84227447">two</span> and <span style="-sec-ix-hidden:c84227448">three</span> CROs accounted for approximately $1,494,000 or 96.7% and $2,017,000 or 98.1% of total research services we purchased, respectively. </span><span style="background-color:#ffffff;">As of </span><em style="font: inherit;"> March 31, 2022</em><span style="background-color:#ffffff;"> and </span><em style="font: inherit;"> December 31, 2021</em><span style="background-color:#ffffff;"> <span style="-sec-ix-hidden:c84227453"><span style="-sec-ix-hidden:c84227454">two</span></span> CROs accounted for approximately $731,000 or 84.4% and </span><span style="background-color:#ffffff;">approximately $1,312,000 or 84.8% of the accounts payable, respectively. The loss of <em style="font: inherit;">one</em> CRO or a combination of the Company’s CROs could adversely affect its operations.</span></p>
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2022Q1 us-gaap Prepaid Insurance
PrepaidInsurance
148734000 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
326712000 USD
CY2022Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
86011000 USD
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
45839000 USD
CY2022Q1 dyai Prepaid Research And Development Expenses
PrepaidResearchAndDevelopmentExpenses
8580000 USD
CY2021Q4 dyai Prepaid Research And Development Expenses
PrepaidResearchAndDevelopmentExpenses
0 USD
CY2022Q1 us-gaap Prepaid Taxes
PrepaidTaxes
845000 USD
CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
3279000 USD
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
244170000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
375830000 USD
CY2022Q1 dyai Research And Development In Process Current
ResearchAndDevelopmentInProcessCurrent
765452000 USD
CY2021Q4 dyai Research And Development In Process Current
ResearchAndDevelopmentInProcessCurrent
1363889000 USD
CY2022Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
66659000 USD
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
27675000 USD
CY2022Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
34210000 USD
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
156389000 USD
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
866321000 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1547953000 USD
CY2022Q1 dyai Accrued Research And Development In Process Current
AccruedResearchAndDevelopmentInProcessCurrent
257000000 USD
CY2021Q4 dyai Accrued Research And Development In Process Current
AccruedResearchAndDevelopmentInProcessCurrent
194250000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
200257000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
405758000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
75750000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
109552000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
533007000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
709560000 USD
CY2022Q1 dyai Research And Development Expense Outside Contracted Services
ResearchAndDevelopmentExpenseOutsideContractedServices
1135556000 USD
CY2021Q1 dyai Research And Development Expense Outside Contracted Services
ResearchAndDevelopmentExpenseOutsideContractedServices
1659194000 USD
CY2022Q1 dyai Research And Development Expense Personnel Related Costs
ResearchAndDevelopmentExpensePersonnelRelatedCosts
206790000 USD
CY2021Q1 dyai Research And Development Expense Personnel Related Costs
ResearchAndDevelopmentExpensePersonnelRelatedCosts
148162000 USD
CY2022Q1 dyai Research And Development Expense Facilities Overhead And Other
ResearchAndDevelopmentExpenseFacilitiesOverheadAndOther
516000 USD
CY2021Q1 dyai Research And Development Expense Facilities Overhead And Other
ResearchAndDevelopmentExpenseFacilitiesOverheadAndOther
742000 USD
CY2022Q1 dyai Research And Development Expense Including Related Party
ResearchAndDevelopmentExpenseIncludingRelatedParty
1342862000 USD
CY2021Q1 dyai Research And Development Expense Including Related Party
ResearchAndDevelopmentExpenseIncludingRelatedParty
1808098000 USD
CY2021Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
14371386000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
15748480000 USD
CY2022Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
15200000 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
13000000.0 USD
CY2022Q1 dyai Deferred Tax Assets Valuation Allowance Coverage Percent
DeferredTaxAssetsValuationAllowanceCoveragePercent
1 pure
CY2022Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
11332429000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
12419029000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12419029000 USD
CY2022Q1 dyai Cash Cash Equivalents And Investments Fair Value
CashCashEquivalentsAndInvestmentsFairValue
17420449000 USD
CY2022Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
17764000 USD
CY2022Q1 us-gaap Investments And Cash
InvestmentsAndCash
17438213000 USD
CY2021Q4 us-gaap Cash
Cash
1377094000 USD
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5425040
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5324215
CY2022Q1 us-gaap Cash
Cash
1086600000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15748480000 USD
CY2021Q4 dyai Cash Cash Equivalents And Investments Fair Value
CashCashEquivalentsAndInvestmentsFairValue
20257765000 USD
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
2495000 USD
CY2021Q4 us-gaap Investments And Cash
InvestmentsAndCash
20260260000 USD
CY2021Q4 dyai Upfront Payment Payable
UpfrontPaymentPayable
500000 USD
CY2021Q4 dyai Number Of Performance Obligations
NumberOfPerformanceObligations
2 pure
CY2017Q2 dyai Collaborative Arrangement Payment For Research And Development Agreement
CollaborativeArrangementPaymentForResearchAndDevelopmentAgreement
1100000 USD
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3827242 USD
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y7M9D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.27
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y5M23D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3931706 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4070223
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.79
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.613 pure
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4774215
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.04
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M20D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
8413444 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
715825
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
4.81
CY2022Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
35000
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.21
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
30000
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
6.87
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5425040
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
453791 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
421071 USD
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001

Files In Submission

Name View Source Status
0001437749-22-012148-index-headers.html Edgar Link pending
0001437749-22-012148-index.html Edgar Link pending
0001437749-22-012148.txt Edgar Link pending
0001437749-22-012148-xbrl.zip Edgar Link pending
dyai-20200930_g1copy.jpg Edgar Link pending
dyai-20220331.xsd Edgar Link pending
dyai-20220331_cal.xml Edgar Link unprocessable
dyai-20220331_def.xml Edgar Link unprocessable
dyai-20220331_lab.xml Edgar Link unprocessable
dyai-20220331_pre.xml Edgar Link unprocessable
dyai20220331_10q.htm Edgar Link pending
dyai20220331_10q_htm.xml Edgar Link completed
ex_342531.htm Edgar Link pending
ex_342532.htm Edgar Link pending
ex_342533.htm Edgar Link pending
ex_342534.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending