2021 Q3 Form 10-Q Financial Statement

#000165495421009097 Filed on August 16, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q4
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $6.021M $3.628M $2.696M
YoY Change 214.76% 178.97% -650.22%
% of Gross Profit
Research & Development $24.38M $5.648M $14.68M
YoY Change 1261.31% 418.54% 811.8%
% of Gross Profit
Depreciation & Amortization $138.3K $2.000K $143.1K
YoY Change -1.29% -77.78% 2.24%
% of Gross Profit
Operating Expenses $30.40M $9.277M $17.40M
YoY Change 718.97% 751.73% 1439.71%
Operating Profit -$30.40M -$9.277M
YoY Change 287.55%
Interest Expense -$740.00 $2.954K -$1.720K
YoY Change -99.94% -99.87% -98.93%
% of Operating Profit
Other Income/Expense, Net -$570.00 -$2.056K
YoY Change -99.91%
Pretax Income -$30.40M -$9.279M -$17.40M
YoY Change 472.1% 97.6% 1259.41%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$30.40M -$9.279M -$17.40M
YoY Change 472.1% 97.6% 1259.41%
Net Earnings / Revenue
Basic Earnings Per Share -$98.00 -$1.63
Diluted Earnings Per Share -$97.63M -$1.63 -$5.750M
COMMON SHARES
Basic Shares Outstanding 93.26M shares 7.812M
Diluted Shares Outstanding 311.4K 7.812M

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.211M $8.074M $6.062M
YoY Change -36.57% 719.79% 3267.86%
Cash & Equivalents $7.211M $8.074M $6.062M
Short-Term Investments
Other Short-Term Assets $291.8K $540.8K $1.256M
YoY Change 96.39% 5.34% 109.36%
Inventory
Prepaid Expenses $540.8K $1.256M
Receivables $0.00 $551.5K
Other Receivables
Total Short-Term Assets $7.502M $8.615M $7.870M
YoY Change -34.98% 438.15% 130.79%
LONG-TERM ASSETS
Property, Plant & Equipment $448.9K $89.24K $18.33K
YoY Change 183.62% -53.42% -88.54%
Goodwill $1.991M $2.054M
YoY Change 8.87%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $44.03K $69.60K $5.036M
YoY Change -3.95% 92.96% 12489.36%
Total Long-Term Assets $4.922M $5.162M $5.054M
YoY Change -5.06% -1.89% -7.94%
TOTAL ASSETS
Total Short-Term Assets $7.502M $8.615M $7.870M
Total Long-Term Assets $4.922M $5.162M $5.054M
Total Assets $12.42M $13.78M $12.92M
YoY Change -25.7% 100.78% 45.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.45M $4.644M $1.686M
YoY Change 1197.25% 286.88% -23.73%
Accrued Expenses $229.9K $194.0K $127.0K
YoY Change -32.01% -3.56% -15.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $139.6K $552.4K
YoY Change -97.41% -63.66%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.10M $6.454M $15.55M
YoY Change 627.47% -15.25% 262.36%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $295.7K $285.8K $19.12K
YoY Change 839.59% 554.95%
Total Long-Term Liabilities $295.7K $285.8K $19.12K
YoY Change 839.59% 554.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.10M $6.454M $15.55M
Total Long-Term Liabilities $295.7K $285.8K $19.12K
Total Liabilities $19.39M $6.740M $15.56M
YoY Change 629.98% -12.0% 262.81%
SHAREHOLDERS EQUITY
Retained Earnings -$112.3M -$95.37M
YoY Change
Common Stock $8.260K $312.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.970M $7.037M -$2.641M
YoY Change
Total Liabilities & Shareholders Equity $12.42M $13.78M $12.92M
YoY Change -25.7% 100.78% 45.21%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q4
OPERATING ACTIVITIES
Net Income -$30.40M -$9.279M -$17.40M
YoY Change 472.1% 97.6% 1259.41%
Depreciation, Depletion And Amortization $138.3K $2.000K $143.1K
YoY Change -1.29% -77.78% 2.24%
Cash From Operating Activities -$15.73M -$5.623M -$5.890M
YoY Change 483.25% 113.41% 82.92%
INVESTING ACTIVITIES
Capital Expenditures $2.480K -$73.93K -$1.360K
YoY Change 2530.96%
Acquisitions
YoY Change
Other Investing Activities -$10.25M $91.52K
YoY Change
Cash From Investing Activities -$10.25M -$73.93K $90.16K
YoY Change 2530.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $264.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.11M 1.782M 552.4K
YoY Change 92.25% -48.1% -69.98%
NET CHANGE
Cash From Operating Activities -15.73M -5.623M -5.890M
Cash From Investing Activities -10.25M -73.93K 90.16K
Cash From Financing Activities 25.11M 1.782M 552.4K
Net Change In Cash -868.8K -3.915M -5.247M
YoY Change -108.38% -591.76% 280.25%
FREE CASH FLOW
Cash From Operating Activities -$15.73M -$5.623M -$5.890M
Capital Expenditures $2.480K -$73.93K -$1.360K
Free Cash Flow -$15.73M -$5.549M -$5.889M
YoY Change 483.34% 110.83% 82.88%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
93261897 shares
CY2021Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
8074491 USD
CY2020Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
6062141 USD
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
0 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
551489 USD
CY2021Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
540786 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1256154 USD
CY2021Q2 us-gaap Assets Current
AssetsCurrent
8615277 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
7869784 USD
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13776799 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
89243 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18329 USD
CY2021Q2 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
2615762 USD
CY2020Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
2879536 USD
CY2021Q2 us-gaap Goodwill
Goodwill
1991287 USD
CY2020Q4 us-gaap Goodwill
Goodwill
2054048 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
395634 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
74238 USD
CY2021Q2 us-gaap Deposits Assets
DepositsAssets
69596 USD
CY2020Q4 us-gaap Deposits Assets
DepositsAssets
27920 USD
CY2021Q2 us-gaap Other Assets
OtherAssets
5072279 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
5035742 USD
CY2021Q2 us-gaap Assets
Assets
13776799 USD
CY2020Q4 us-gaap Assets
Assets
12923855 USD
CY2021Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4643885 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1685603 USD
CY2021Q2 azrx License Agreement Payable Current
LicenseAgreementPayableCurrent
1250000 USD
CY2020Q4 azrx License Agreement Payable Current
LicenseAgreementPayableCurrent
13250000 USD
CY2021Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
231043 USD
CY2020Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
0 USD
CY2021Q2 us-gaap Notes Payable Current
NotesPayableCurrent
139569 USD
CY2020Q4 us-gaap Notes Payable Current
NotesPayableCurrent
552405 USD
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
189625 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
57417 USD
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
6454122 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
15545425 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
285753 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
19123 USD
CY2021Q2 us-gaap Liabilities
Liabilities
6739875 USD
CY2020Q4 us-gaap Liabilities
Liabilities
15564548 USD
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
82585075 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31150309 shares
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
8260 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
3115 USD
CY2021Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
120584938 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
93834936 USD
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-112330771 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-95366198 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1225503 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1112546 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
7036924 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-2640693 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12923855 USD
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5647798 USD
CY2020Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1089177 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8163825 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2642537 USD
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3629090 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1304527 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9326604 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2679618 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-9276888 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2393704 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-17490429 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-5322155 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
2954 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
2302174 USD
us-gaap Interest Expense
InterestExpense
8098 USD
us-gaap Interest Expense
InterestExpense
4635013 USD
CY2021Q2 us-gaap Other Income
OtherIncome
898 USD
CY2020Q2 us-gaap Other Income
OtherIncome
0 USD
us-gaap Other Income
OtherIncome
1601 USD
us-gaap Other Income
OtherIncome
0 USD
CY2020Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2056 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2302174 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
525856 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4635013 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9278944 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-4695878 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-16964573 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9957168 USD
CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
21840 USD
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-163719 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-112957 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-6225 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9257104 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4859597 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17077530 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9963393 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-9278944 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-4695878 USD
us-gaap Net Income Loss
NetIncomeLoss
-16964573 USD
us-gaap Net Income Loss
NetIncomeLoss
-9957168 USD
CY2021Q2 azrx Deemed Dividends Preferred Stock Issuances
DeemedDividendsPreferredStockIssuances
0 USD
azrx Deemed Dividends Preferred Stock Issuances
DeemedDividendsPreferredStockIssuances
4507125 USD
CY2020Q2 azrx Deemed Dividends Preferred Stock Issuances
DeemedDividendsPreferredStockIssuances
0 USD
CY2021Q2 azrx Deemed Dividend On Preferred Stock Exchanges
DeemedDividendOnPreferredStockExchanges
3424205 USD
azrx Deemed Dividends Preferred Stock Issuances
DeemedDividendsPreferredStockIssuances
0 USD
CY2020Q2 azrx Deemed Dividend On Preferred Stock Exchanges
DeemedDividendOnPreferredStockExchanges
0 USD
CY2021Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
26661 USD
azrx Deemed Dividend On Preferred Stock Exchanges
DeemedDividendOnPreferredStockExchanges
0 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
231043 USD
CY2020Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12729810 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4695878 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-42710994 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9957168 USD
CY2021Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
78124399 shares
CY2020Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
28016478 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
66799183 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
27479140 shares
CY2021Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.16
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.64
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.36
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
3041123 USD
CY2020Q2 azrx Common Stock Issued To Lincoln Park For Equity Purchase Agreement Amount
CommonStockIssuedToLincolnParkForEquityPurchaseAgreementAmount
844348 USD
CY2020Q2 us-gaap Share Based Compensation
ShareBasedCompensation
176676 USD
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-163719 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-4695878 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-797450 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
4617244 USD
azrx Common Stock Issued To Settle Accounts Payable Amount
CommonStockIssuedToSettleAccountsPayableAmount
131137 USD
azrx Common Stock Issued To Consultants Amount
CommonStockIssuedToConsultantsAmount
87105 USD
azrx Common Stock Issued To Lincoln Park For Equity Purchase Agreement Amount
CommonStockIssuedToLincolnParkForEquityPurchaseAgreementAmount
988348 USD
us-gaap Net Income Loss
NetIncomeLoss
-16964573 USD
azrx Warrants Issued In Association With Convertible Debt Issuances
WarrantsIssuedInAssociationWithConvertibleDebtIssuances
1252558 USD
azrx Beneficial Conversion Feature On Convertible Debt Issuances
BeneficialConversionFeatureOnConvertibleDebtIssuances
1838422 USD
us-gaap Share Based Compensation
ShareBasedCompensation
251129 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-6225 USD
us-gaap Accretion Expense
AccretionExpense
4203182 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-36033 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
551489 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
2548659 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
715368 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
7036924 USD
us-gaap Net Income Loss
NetIncomeLoss
-16964573 USD
us-gaap Net Income Loss
NetIncomeLoss
-9957168 USD
us-gaap Depreciation
Depreciation
3014 USD
us-gaap Depreciation
Depreciation
18368 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
263774 USD
us-gaap Net Income Loss
NetIncomeLoss
-9957168 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-797450 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
14401687 USD
CY2021Q2 azrx Issuance Of Series C Preferred Stock Upon Exchange Of Series B Preferred Stock Amount
IssuanceOfSeriesCPreferredStockUponExchangeOfSeriesBPreferredStockAmount
-422 USD
CY2021Q2 azrx Warrants Issued In Connection With Exchange Of Series B Preferred Stock
WarrantsIssuedInConnectionWithExchangeOfSeriesBPreferredStock
3424626 USD
CY2021Q2 azrx Deemed Dividend Related To Exchange Of Series B Preferred Stock
DeemedDividendRelatedToExchangeOfSeriesBPreferredStock
-3424205 USD
CY2021Q2 azrx Dividends On Preferred Stock
DividendsOnPreferredStock
-26661 USD
CY2021Q2 azrx Common Stock And Pre Funded Warrants Issued Upon Conversion Of Series C Preferred Stock Amount
CommonStockAndPreFundedWarrantsIssuedUponConversionOfSeriesCPreferredStockAmount
0 USD
CY2021Q2 azrx Issuance Of Common Stock At The Market For Cash Net Of Offering Costs Amount
IssuanceOfCommonStockAtTheMarketForCashNetOfOfferingCostsAmount
1174348 USD
CY2021Q2 azrx Common Stock Issued Upon Exercise Of Warrants Amount
CommonStockIssuedUponExerciseOfWarrantsAmount
282788 USD
CY2021Q2 azrx Common Stock And Warrants Issued To Consultants Amount
CommonStockAndWarrantsIssuedToConsultantsAmount
147811 USD
CY2021Q2 azrx Settlement With Former Placement Agent
SettlementWithFormerPlacementAgent
0 USD
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
314056 USD
CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
21840 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-9278944 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
7036924 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-2640693 USD
azrx Issuance Of Series C Preferred Stock And Warrants For Cash Net Of Offering Costs Amount
IssuanceOfSeriesCPreferredStockAndWarrantsForCashNetOfOfferingCostsAmount
7105168 USD
azrx Issuance Of Series C Preferred Stock For License Acquired Amount
IssuanceOfSeriesCPreferredStockForLicenseAcquiredAmount
2467649 USD
azrx Beneficial Conversion Feature Of Series C Preferred Stock
BeneficialConversionFeatureOfSeriesCPreferredStock
4507125 USD
azrx Dividends Series C Preferred Stock
DividendsSeriesCPreferredStock
-4507125 USD
azrx Issuance Of Series C Preferred Stock Upon Exchange Of Series B Preferred Stock Amount
IssuanceOfSeriesCPreferredStockUponExchangeOfSeriesBPreferredStockAmount
-1430 USD
azrx Warrants Issued In Connection With Exchange Of Series B Preferred Stock
WarrantsIssuedInConnectionWithExchangeOfSeriesBPreferredStock
21009683 USD
azrx Deemed Dividend Related To Exchange Of Series B Preferred Stock
DeemedDividendRelatedToExchangeOfSeriesBPreferredStock
-21008253 USD
azrx Common Stock Issued Upon Conversion Of Series B Preferred Stock Amount
CommonStockIssuedUponConversionOfSeriesBPreferredStockAmount
0 USD
azrx Dividends On Preferred Stock
DividendsOnPreferredStock
-231043 USD
azrx Common Stock And Pre Funded Warrants Issued Upon Conversion Of Series C Preferred Stock Amount
CommonStockAndPreFundedWarrantsIssuedUponConversionOfSeriesCPreferredStockAmount
0 USD
azrx Issuance Of Common Stock Pre Funded Warrants And Warrants For Cash Net Of Offering Costs Amount
IssuanceOfCommonStockPreFundedWarrantsAndWarrantsForCashNetOfOfferingCostsAmount
9059290 USD
azrx Issuance Of Common Stock At The Market For Cash Net Of Offering Costs Amount
IssuanceOfCommonStockAtTheMarketForCashNetOfOfferingCostsAmount
1174348 USD
azrx Common Stock Issued Upon Exercise Of Warrants Amount
CommonStockIssuedUponExerciseOfWarrantsAmount
4906630 USD
azrx Common Stock And Warrants Issued To Consultants Amount
CommonStockAndWarrantsIssuedToConsultantsAmount
1092310 USD
azrx Settlement With Former Placement Agent Amount
SettlementWithFormerPlacementAgentAmount
94499 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1086296 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-112957 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
263774 USD
azrx Non Cash Lease Expense
NonCashLeaseExpense
-4855 USD
azrx Non Cash Lease Expense
NonCashLeaseExpense
-6065 USD
azrx Common Stock Issued To Settle Accounts Payable
CommonStockIssuedToSettleAccountsPayable
0 USD
azrx Common Stock Issued To Settle Accounts Payable
CommonStockIssuedToSettleAccountsPayable
131137 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
532353 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1086296 USD
azrx Restricted Stock Granted To Employees And Directors
RestrictedStockGrantedToEmployeesAndDirectors
0 USD
azrx Restricted Stock Granted To Employees And Directors
RestrictedStockGrantedToEmployeesAndDirectors
21003 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
1186809 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
87105 USD
azrx Accreted Interest On Convertible Debt
AccretedInterestOnConvertibleDebt
0 USD
azrx Accreted Interest On Convertible Debt
AccretedInterestOnConvertibleDebt
319196 USD
us-gaap Accretion Expense
AccretionExpense
0 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
274019 USD
azrx Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
-316541 USD
azrx Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
-108447 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-41676 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
5000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2958282 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-571728 USD
azrx Accrued Dividends Payable
AccruedDividendsPayable
0 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
398838 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
135210 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10696128 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2634733 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
73928 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2808 USD
azrx Payments For License Agreement
PaymentsForLicenseAgreement
9000000 USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-192071 USD
azrx Deemed Dividend On Preferred Stock Issuances
DeemedDividendOnPreferredStockIssuances
0 USD
azrx Accrued Dividends Payable
AccruedDividendsPayable
0 USD
azrx Payments For License Agreement
PaymentsForLicenseAgreement
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9073928 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2808 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
179418 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
7105168 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
10233638 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
988348 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
4906630 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
3227002 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
450000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
412836 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
511173 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
21832600 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3433595 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2062544 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
796054 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-50194 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
13100 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6062141 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
175796 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8074491 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
984950 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Interest Paid Net
InterestPaidNet
104153 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
azrx Deemed Dividend On Preferred Stock Issuances
DeemedDividendOnPreferredStockIssuances
-4507125 USD
azrx Deemed Dividend On Preferred Stock Exchanges
DeemedDividendOnPreferredStockExchanges
0 USD
azrx Accrued Dividends On Preferred Stock
AccruedDividendsOnPreferredStock
-231043 USD
azrx Accrued Dividends On Preferred Stock
AccruedDividendsOnPreferredStock
0 USD
azrx Issuance Of Preferred Stock To Settle Liability Related To License Agreement
IssuanceOfPreferredStockToSettleLiabilityRelatedToLicenseAgreement
2467649 USD
azrx Issuance Of Preferred Stock To Settle Liability Related To License Agreement
IssuanceOfPreferredStockToSettleLiabilityRelatedToLicenseAgreement
0 USD
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The accompanying unaudited consolidated financial statements are prepared in conformity with GAAP and include certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements (including goodwill, intangible assets, and contingent consideration), and the reported amounts of revenue and expense during the reporting period, including contingencies. Accordingly, actual results may differ from those estimates.</p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Financial instruments that potentially expose the Company to concentrations of credit risk consist of cash. The Company primarily maintains its cash balances with financial institutions in federally insured accounts in the U.S. The Company may from time to time have cash in banks in excess of FDIC insurance limits. On June 30, 2021, and December 31, 2020, the Company had approximately $3.8 million and $2.7 million, respectively, in one account in the U.S. in excess of these limits. The Company has not experienced any losses to date resulting from this practice. The Company mitigates its risk by maintaining the majority of its cash and equivalents with high quality financial institutions.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company also has exposure to foreign currency risk as its subsidiary in France has a functional currency in Euros.</p>
CY2021Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
3800000 USD
CY2020Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
2700000 USD
us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P7Y2M12D
us-gaap Business Acquisition Description Of Acquired Entity
BusinessAcquisitionDescriptionOfAcquiredEntity
an asset acquisition and initial liabilities of approximately $13.3 million in connection with the license acquisition were recorded as research and development expense, because it was determined to have no alternative future uses and therefore no separate economic value, which included cash payments totaling approximately $10.3 million and the issuance of approximately $3.0 million worth of preferred stock.
CY2021Q2 azrx Research And Development Tax Credits Receivable
ResearchAndDevelopmentTaxCreditsReceivable
0 USD
CY2020Q4 azrx Research And Development Tax Credits Receivable
ResearchAndDevelopmentTaxCreditsReceivable
493906 USD
CY2021Q2 us-gaap Other Receivables
OtherReceivables
0 USD
CY2020Q4 us-gaap Other Receivables
OtherReceivables
57583 USD
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
0 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
551489 USD
CY2021Q2 azrx Payment Of Refundable Tax Credits
PaymentOfRefundableTaxCredits
550000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
90468 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
56732 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
89243 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18329 USD
CY2021Q2 us-gaap Depreciation
Depreciation
2000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
9000 USD
azrx Lease Hpold Expenses
LeaseHpoldExpenses
29000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3800000 USD
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
132000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
132000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
264000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
264000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
263774 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
527548 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
527548 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
527548 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
527548 USD
CY2021Q2 azrx Finite Lived Intangible Assets Amortization Expense Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseYearSix
241796 USD
us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.09 pure
us-gaap Stock Option Exercise Price Decrease
StockOptionExercisePriceDecrease
0.97
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
3500000 USD
us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
The Note Warrants have an exercise price of $1.07 per share and expire five years from the date of issuance
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.18
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y8M19D
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2413727 shares
CY2021Q2 azrx Total
Total
2615762 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1886686 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
167362 USD
CY2020Q4 us-gaap Goodwill
Goodwill
2054048 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-62761 USD
CY2021Q2 us-gaap Goodwill
Goodwill
1991287 USD
CY2021Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
4449910 USD
CY2020Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1558591 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
193975 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
127012 USD
CY2021Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
4643885 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1685603 USD
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.41
us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
70000 USD
us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
57000 USD
CY2020Q2 us-gaap Notes Payable Current
NotesPayableCurrent
113000 USD
CY2019Q1 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
2000000.0 USD
CY2019 us-gaap Repayments Of Debt
RepaymentsOfDebt
1550000 USD
CY2021Q2 us-gaap Convertible Debt
ConvertibleDebt
450000 USD
CY2021Q2 azrx Accrued Interest Expenses
AccruedInterestExpenses
104000000000 USD
CY2019Q4 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
8000000.0 USD
CY2020Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2400000 USD
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
82585075 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31150309 shares
CY2021Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
264000 USD
us-gaap Debt Conversion Description
DebtConversionDescription
the Company paid aggregate placement agent fees of approximately $277,000, which fees were based on (i) 9% of the aggregate principal amount of the Promissory Notes issued to the Note Investors introduced by the placement agent, and (ii) a non-accountable expense allowance of 1% of the gross proceeds from the Promissory Note Offering. In addition, the placement agent was issued warrants (the “Placement Agent Warrants”), to purchase an aggregate of 199,732 shares of Common Stock representing 7% of the Promissory Note Conversion Shares issuable upon conversion of the Promissory Notes issued to the Note Investors. The Placement Agent Warrants expire five years from the date of issuance. 41,495 of these Placement Agent Warrants have an exercise price of $1.21 per share and 158,237 of these Placement Agent Warrants have an exercise price of $1.42 per share
CY2020Q1 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
3500000 USD
CY2020Q1 us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
1800000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
500000 USD
CY2020Q1 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
100000 USD
CY2019Q4 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
100000 USD
CY2019Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
1.07
CY2020Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
2300000 USD
CY2020Q2 azrx Debt Discount Related To The Value Of The Note Warrants
DebtDiscountRelatedToTheValueOfTheNoteWarrants
700000 USD
CY2020Q2 us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
1100000 USD
CY2020Q2 azrx Accrued Interest Expenses
AccruedInterestExpenses
300000 USD
CY2020Q2 azrx Accrued Interest Expenses
AccruedInterestExpenses
200000 USD
CY2019Q4 azrx Debt Instrument Unamortized Discount Accrued Interest
DebtInstrumentUnamortizedDiscountAccruedInterest
-4500000 USD
azrx Debt Discount Related To The Value Of The Note Warrants
DebtDiscountRelatedToTheValueOfTheNoteWarrants
1300000 USD
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
2200000 USD
CY2020Q2 azrx Debt Instrument Unamortized Discount Accrued Interest
DebtInstrumentUnamortizedDiscountAccruedInterest
700000 USD
CY2020Q2 azrx Debt Instrument Unamortized Discount Accrued Interest
DebtInstrumentUnamortizedDiscountAccruedInterest
300000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
118486 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
57417 USD
CY2021Q2 azrx Other Other Liabilities Current
OtherOtherLiabilitiesCurrent
71139 USD
CY2020Q4 azrx Other Other Liabilities Current
OtherOtherLiabilitiesCurrent
0 USD
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
189625 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
57417 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
285753 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19123 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
285753 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
19123 USD
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
10666668 shares
CY2021Q2 azrx Warrant Exercise Price
WarrantExercisePrice
0.80
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
6000000.0 USD
CY2021Q2 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
3400000 USD
CY2021Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
328375 shares
azrx Prefund Warrants Issued
PrefundWarrantsIssued
9526209 shares
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
4900000 USD
azrx Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
P5Y4M13D
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.00
azrx Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm2
P10Y
azrx Share Based Compensation Arrangement By Share Based Payment Award Options Cancellations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancellationsInPeriod
-200000 shares
azrx Sharebased Compensation Arrangement By Sharebased Payment Award Options Canceled Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsCanceledWeightedAverageRemainingContractualTerm
P3Y3M10D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
5378288 shares
CY2019Q4 azrx Stockholders Equity Warrants Or Rights Outstanding Weighted Average Exercise Price Of Underlying Shares
StockholdersEquityWarrantsOrRightsOutstandingWeightedAverageExercisePriceOfUnderlyingShares
2.53
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
2012989 shares
azrx Stockholders Equity Warrants Or Rights Granted In Period Weighted Average Exercise Price
StockholdersEquityWarrantsOrRightsGrantedInPeriodWeightedAverageExercisePrice
1.10
azrx Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeiture And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitureAndExpirations
30096 shares
azrx Stockholders Equity Warrants Or Rights Forfeited In Period Weighted Average Expiration Price
StockholdersEquityWarrantsOrRightsForfeitedInPeriodWeightedAverageExpirationPrice
4.92
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
7361181 shares
CY2020Q2 azrx Stockholders Equity Warrants Or Rights Outstanding Weighted Average Exercise Price Of Underlying Shares
StockholdersEquityWarrantsOrRightsOutstandingWeightedAverageExercisePriceOfUnderlyingShares
2.13
CY2020Q4 azrx Stockholders Equity Warrants Or Rights Outstanding Weighted Average Exercise Price Of Underlying Shares
StockholdersEquityWarrantsOrRightsOutstandingWeightedAverageExercisePriceOfUnderlyingShares
1.22
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
39224830 shares
azrx Stockholders Equity Warrants Or Rights Granted In Period Weighted Average Exercise Price
StockholdersEquityWarrantsOrRightsGrantedInPeriodWeightedAverageExercisePrice
0.78
azrx Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeiture And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitureAndExpirations
-321193 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
9526209 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
54556620 shares
CY2021Q2 azrx Stockholders Equity Warrants Or Rights Outstanding Weighted Average Exercise Price Of Underlying Shares
StockholdersEquityWarrantsOrRightsOutstandingWeightedAverageExercisePriceOfUnderlyingShares
1.02
CY2021Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
54556620 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P4Y4M17D
CY2021Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
1.02
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y4M17D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.838 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.908 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0036 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0090 pure
us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
200000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2272506 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.86
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y6M7D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1084834 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.59
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y7M6D
azrx Share Based Compensation Arrangements By Share Based Payment Award Options Canceled In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsCanceledInPeriodWeightedAverageExercisePrice
2.10
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.38
azrx Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
P7Y11M8D
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.88
azrx Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm2
P10Y
azrx Share Based Compensation Arrangement By Share Based Payment Award Options Cancellations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancellationsInPeriod
-1339784 shares
azrx Share Based Compensation Arrangements By Share Based Payment Award Options Canceled In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsCanceledInPeriodWeightedAverageExercisePrice
1.05
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4295191 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M12D
CY2021Q2 azrx Unrecognized Stock Based Compensation Expense Others
UnrecognizedStockBasedCompensationExpenseOthers
1100000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
800000 USD
CY2020Q2 azrx Unrecognized Stock Based Compensation Expense Others
UnrecognizedStockBasedCompensationExpenseOthers
900000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
327000 USD
azrx Leases Expiry Description
LeasesExpiryDescription
leases expire at various dates through 2026
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
57000 USD
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
40000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
110000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
77000 USD
azrx Operating Lease Weighted Average Remaining Leases Term1
OperatingLeaseWeightedAverageRemainingLeasesTerm1
P4Y6M
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0686 pure
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
61642 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
104629 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
83691 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
86202 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
88788 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
60593 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
485545 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
404239 USD
CY2021Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
27300000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
26100000 USD
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
27300000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
26100000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1200000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-400000 USD
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
65100000 USD
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
22600000 USD
us-gaap Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
0.50 pure
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
27000000.0 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
23000000.0 USD
us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
0.06 pure
CY2021Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
23000 USD
CY2020Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
40000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
55000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
62000 USD

Files In Submission

Name View Source Status
0001654954-21-009097-index-headers.html Edgar Link pending
0001654954-21-009097-index.html Edgar Link pending
0001654954-21-009097.txt Edgar Link pending
0001654954-21-009097-xbrl.zip Edgar Link pending
azrx-20210630.xsd Edgar Link pending
azrx-20210630_cal.xml Edgar Link unprocessable
azrx-20210630_def.xml Edgar Link unprocessable
azrx-20210630_lab.xml Edgar Link unprocessable
azrx-20210630_pre.xml Edgar Link unprocessable
azrx_10q.htm Edgar Link pending
azrx_10q_htm.xml Edgar Link completed
azrx_ex311.htm Edgar Link pending
azrx_ex312.htm Edgar Link pending
azrx_ex321.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
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.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