2022 Q4 Form 10-Q Financial Statement

#000161883523000001 Filed on January 06, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $181.0K $6.371M
YoY Change -94.93% 272.14%
Cost Of Revenue $384.0K $1.680M
YoY Change -78.12% 75.92%
Gross Profit -$203.0K $4.691M
YoY Change -111.18% 519.68%
Gross Profit Margin -112.15% 73.63%
Selling, General & Admin $10.16M $18.21M
YoY Change -66.77% -48.6%
% of Gross Profit 388.15%
Research & Development $1.690M $5.207M
YoY Change -80.48% -40.16%
% of Gross Profit 111.0%
Depreciation & Amortization $250.0K $250.0K
YoY Change -12.28% -6.72%
% of Gross Profit 5.33%
Operating Expenses $11.85M $23.42M
YoY Change -69.8% -48.06%
Operating Profit -$12.05M -$18.72M
YoY Change -67.79% -56.83%
Interest Expense $4.489M $108.7M
YoY Change -134.75% -468.38%
% of Operating Profit
Other Income/Expense, Net -$765.0K $108.2M
YoY Change -36.83% -452.67%
Pretax Income -$8.328M $89.52M
YoY Change -83.84% -220.87%
Income Tax $8.000K $13.00K
% Of Pretax Income 0.01%
Net Earnings -$11.48M $89.51M
YoY Change -77.73% -220.85%
Net Earnings / Revenue -6341.99% 1404.9%
Basic Earnings Per Share $1.09
Diluted Earnings Per Share -$0.10 -$0.04
COMMON SHARES
Basic Shares Outstanding 121.2M shares 85.46M shares
Diluted Shares Outstanding 555.2M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.769M $7.749M
YoY Change -64.19% -47.84%
Cash & Equivalents $2.769M $7.749M
Short-Term Investments
Other Short-Term Assets $3.425M $6.101M
YoY Change -58.66% -76.46%
Inventory $5.379M $5.179M
Prepaid Expenses
Receivables $1.126M $12.76M
Other Receivables $0.00 $0.00
Total Short-Term Assets $12.70M $31.79M
YoY Change -57.87% -42.09%
LONG-TERM ASSETS
Property, Plant & Equipment $3.940M $4.276M
YoY Change -31.76% -25.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.118M $1.111M
YoY Change 242.31% 12.11%
Total Long-Term Assets $12.46M $10.49M
YoY Change 0.74% -16.23%
TOTAL ASSETS
Total Short-Term Assets $12.70M $31.79M
Total Long-Term Assets $12.46M $10.49M
Total Assets $25.16M $42.28M
YoY Change -40.81% -37.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.98M $14.54M
YoY Change 45.25% 114.25%
Accrued Expenses $4.124M $5.505M
YoY Change -50.73% -38.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $65.68M $77.53M
YoY Change -39.7% 12.81%
Total Short-Term Liabilities $93.83M $116.7M
YoY Change -31.84% 23.26%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $3.133M $0.00
YoY Change -29.18% -100.0%
Total Long-Term Liabilities $3.133M $0.00
YoY Change -29.18% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $93.83M $116.7M
Total Long-Term Liabilities $3.133M $0.00
Total Liabilities $96.96M $120.3M
YoY Change -31.76% -4.69%
SHAREHOLDERS EQUITY
Retained Earnings -$938.7M -$930.4M
YoY Change 9.06% 14.99%
Common Stock $817.4M $815.4M
YoY Change 8.8% 9.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$71.80M -$78.04M
YoY Change
Total Liabilities & Shareholders Equity $25.16M $42.28M
YoY Change -40.81% -37.29%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$11.48M $89.51M
YoY Change -77.73% -220.85%
Depreciation, Depletion And Amortization $250.0K $250.0K
YoY Change -12.28% -6.72%
Cash From Operating Activities -$6.531M -$16.30M
YoY Change -69.29% -56.38%
INVESTING ACTIVITIES
Capital Expenditures $35.00K -$70.00K
YoY Change -166.04% -88.27%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$35.00K -$70.00K
YoY Change -33.96% -88.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.500M 3.946M
YoY Change -84.8% 24562.5%
NET CHANGE
Cash From Operating Activities -6.531M -16.30M
Cash From Investing Activities -35.00K -70.00K
Cash From Financing Activities 1.500M 3.946M
Net Change In Cash -5.066M -12.42M
YoY Change -55.76% -67.26%
FREE CASH FLOW
Cash From Operating Activities -$6.531M -$16.30M
Capital Expenditures $35.00K -$70.00K
Free Cash Flow -$6.566M -$16.23M
YoY Change -69.05% -55.86%

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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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5089000 usd
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CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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NetIncomeLoss
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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evfm Loss On Issuance Of Financial Instruments Net Of Modification Expense
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evfm Loss On Issuance Of Financial Instruments Net Of Modification Expense
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us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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evfm Financial Instrument Modification Expense
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evfm Financial Instrument Modification Expense
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
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us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
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us-gaap Lease Cost
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us-gaap Lease Cost
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InterestExpense
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us-gaap Interest Expense
InterestExpense
2152000 usd
evfm Financial Instrument Expense Noncash
FinancialInstrumentExpenseNoncash
514000 usd
evfm Financial Instrument Expense Noncash
FinancialInstrumentExpenseNoncash
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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evfm Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-277000 usd
evfm Increase Decrease In Operating Lease Liabilities
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-1071000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-63879000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-125402000 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
250000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
306000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2886000 usd
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2636000 usd
us-gaap Proceeds From Warrant Exercises
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25211000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
159000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
196000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
10000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5892000 usd
us-gaap Repayments Of Long Term Debt
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us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
735000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
327000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
60439000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
80827000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3746000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-47211000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13588000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72251000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9842000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25040000 usd
evfm Deferred Offering Costs Included In Accounts Payable And Accrued Expense
DeferredOfferingCostsIncludedInAccountsPayableAndAccruedExpense
302000 usd
evfm Deferred Offering Costs Included In Accounts Payable And Accrued Expense
DeferredOfferingCostsIncludedInAccountsPayableAndAccruedExpense
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
113000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
714000 usd
CY2022Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1037885 shares
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
1187000 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
evfm Temporary Equity Value Exchange Of Convertible Securities
TemporaryEquityValueExchangeOfConvertibleSecurities
1616000 usd
evfm Temporary Equity Value Exchange Of Convertible Securities
TemporaryEquityValueExchangeOfConvertibleSecurities
0 usd
us-gaap Stock Issued1
StockIssued1
3412000 usd
us-gaap Stock Issued1
StockIssued1
0 usd
evfm Exchange Of Adjuvant Notes To Purchase Rights
ExchangeOfAdjuvantNotesToPurchaseRights
634000 usd
evfm Exchange Of Adjuvant Notes To Purchase Rights
ExchangeOfAdjuvantNotesToPurchaseRights
0 usd
evfm Exchange Of Term Notes To Purchase Rights
ExchangeOfTermNotesToPurchaseRights
4806000 usd
evfm Exchange Of Term Notes To Purchase Rights
ExchangeOfTermNotesToPurchaseRights
0 usd
evfm Class Of Warrant Or Right Value Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightValueOfSecuritiesCalledByWarrantsOrRights
522000 usd
evfm Class Of Warrant Or Right Value Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightValueOfSecuritiesCalledByWarrantsOrRights
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evfm Proceeds From Issuance Of Notes And Warrants
ProceedsFromIssuanceOfNotesAndWarrants
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CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q3 evfm Working Capital Surplus Deficit
WorkingCapitalSurplusDeficit
-84900000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-930400000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and the notes thereto.</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:112%">S</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">ignificant estimates affecting amounts reported or disclosed in the condensed consolidated financial statements include, but are not limited to: the assumptions used in measuring the revenue gross-to-net variable consideration items, the trade accounts receivable credit loss reserve estimate, the discount rate used in estimating the fair value of the lease right</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">-</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">of</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">-</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">use (ROU) assets and lease liabilities, the assumptions used in estimating the fair value of notes, derivative liabilities, convertible preferred stock, warrants and purchase rights issued, the useful lives of property and equipment, the recoverability of long-lived assets, inventory reserves, clinical trial accruals, the assumptions used in estimating the fair value of stock-based compensation expense and in assessing the probability of achieving certain milestones associated with the performance-based restricted stock awards (performance-based RSAs). These assumptions are more fully described in </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline"><a href="#ia21a001415464e509369691bdd6247e3_46" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Note 3- Revenue</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">, </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline"><a href="#ia21a001415464e509369691bdd6247e3_52" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Note 4- Debt</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">, </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline"><a href="#ia21a001415464e509369691bdd6247e3_61" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Note 6- Fair Value of Financial Instruments</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">, </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline"><a href="#ia21a001415464e509369691bdd6247e3_64" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Note 7- Commitments and Contingencies</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">, and </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline"><a href="#ia21a001415464e509369691bdd6247e3_70" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Note 9- Stock-based Compensation</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">. The Company bases its estimates on historical experience and other market-specific or other relevant assumptions that it believes to be reasonable under the circumstances and adjusts when facts and circumstances dictate. The estimates are the basis for making judgments about the carrying values of assets, liabilities and recorded expenses that are not readily apparent from other sources. As future events and their effects cannot be determined with precision, actual results may materially differ from those estimates or assumptions.</span></div>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9842000 usd
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25040000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Concentrations of Credit Risk</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash, cash equivalents and restricted cash. Deposits in the Company’s checking, time deposit and investment accounts are maintained in federally insured financial institutions and are subject to federally insured limits or limits set by Securities Investor Protection Corporation. The Company invests in funds through a major U.S. bank and is exposed to credit risk in the event of default to the extent of amounts recorded on the condensed consolidated balance sheets.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company has not experienced any losses in such accounts and believes it is not exposed to significant concentrations of credit risk on its cash, cash equivalents and restricted cash balances on amounts in excess of federally insured limits due to the financial position of the depository institutions in which these deposits are held.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company is also subject to credit risk related to its trade accounts receivable from product sales. Its customers are located in the United States and consist of wholesale distributors, retail pharmacies, and a mail-order specialty pharmacy. The Company extends credit to its customers in the normal course of business after evaluating their overall financial condition and evaluates the collectability of its accounts receivable by periodically reviewing the age of the receivables, the financial condition of its customers, and its past collection experience. Historically, the Company has not experienced any credit losses. As of September 30, 2022, based on the evaluation of these factors, the Company did not record an allowance for doubtful accounts. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Phexxi is distributed primarily through three major distributors and a mail-order pharmacy who receive service fees calculated as a percentage of the gross sales and fee per units shipped, respectively. These entities are not obligated to purchase any set number of units, and they distribute Phexxi on demand as orders are received. For the three and nine months ended September 30, 2022, the Company’s three largest customers combined made up 93% and 81% of its gross product sales, respectively. For the three and nine months ended September 30, 2021, the Company’s three largest customers combined made up 69% and 78% of its gross product sales, respectively. As of September 30, 2022 and December 31, 2021, the Company's three largest customers combined made up 92% and 75%, respectively, of its trade accounts receivable balance.</span></div>
CY2020Q4 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
25000000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7749000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14856000 usd
CY2022Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
1293000 usd
CY2021Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
9384000 usd
CY2022Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
800000 usd
CY2021Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
800000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
636746538 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6587236 shares
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89506000 usd
CY2022Q3 evfm Derivative Liability Change In Fair Value
DerivativeLiabilityChangeInFairValue
-106898000 usd
CY2022Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
367000 usd
CY2022Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
5.88
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2483000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-19508000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82437874 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
555249685 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1000400 shares
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
7.1805
CY2022Q1 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2022Q2 evfm Exchange Agreement Number Of Common Shares To Be Redeemed
ExchangeAgreementNumberOfCommonSharesToBeRedeemed
533333 shares
CY2022Q2 evfm Exchange Agreement Number Of Common Shares To Be Issued To Investors
ExchangeAgreementNumberOfCommonSharesToBeIssuedToInvestors
208333 shares
CY2022Q2 evfm Exchange Agreement Number Of Common Shares To Be Redeemed
ExchangeAgreementNumberOfCommonSharesToBeRedeemed
533333 shares
CY2022Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
828000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
574000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1176000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1712000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3175000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
5629000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
5179000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
7915000 usd
CY2022Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
300000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
300000 usd
CY2022Q3 us-gaap Inventory Noncurrent
InventoryNoncurrent
0 usd
CY2021Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
200000 usd
CY2022Q3 evfm Accrued Clinical Studies Current
AccruedClinicalStudiesCurrent
2932000 usd
CY2021Q4 evfm Accrued Clinical Studies Current
AccruedClinicalStudiesCurrent
5294000 usd
CY2022Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
1600000 usd
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
1997000 usd
CY2022Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
444000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
550000 usd
CY2022Q3 evfm Accrued Manufacturing Related Costs Current
AccruedManufacturingRelatedCostsCurrent
31000 usd
CY2021Q4 evfm Accrued Manufacturing Related Costs Current
AccruedManufacturingRelatedCostsCurrent
201000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
498000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
328000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5505000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8370000 usd
CY2022Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
7691000 usd
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
11176000 usd
evfm Lessee Operating Lease Number Of Vehicles Leased
LesseeOperatingLeaseNumberOfVehiclesLeased
75 vehicle
CY2019Q4 evfm Office Square Footage
OfficeSquareFootage
24474 sqft
CY2019Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2020Q2 evfm Office Square Footage
OfficeSquareFootage
8816 sqft
CY2022Q2 evfm Lessee Operating Sublease Rentable Area
LesseeOperatingSubleaseRentableArea
16637 sqft
CY2022Q2 evfm Lessee Operating Sublease Monthly Rent
LesseeOperatingSubleaseMonthlyRent
87000 usd
CY2022Q2 evfm Lessee Operating Sublease Annual Increase
LesseeOperatingSubleaseAnnualIncrease
0.035
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
300000 usd
us-gaap Sublease Income
SubleaseIncome
300000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
343000 usd
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
583000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1522000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1760000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M20D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M29D
CY2022Q3 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.12
CY2021Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.12
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
694000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2698000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2398000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1521000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7311000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1090000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
6221000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1969000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1779000 usd
CY2022Q3 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
0 usd
us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
0 usd
CY2021Q3 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
0 usd
us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
3000000 usd
CY2022Q3 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
0 claim
CY2022Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
193354046 shares
CY2022Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.76
CY2022Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
833333 shares
CY2022Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
2.4765
CY2022Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
113103928 shares
CY2022Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.21
CY2022Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
72860769 shares
CY2022Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.21
CY2022Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
193354046 shares
CY2022Q3 evfm Common Stock Reserved Upon Exercise Of Common Stock Warrants
CommonStockReservedUponExerciseOfCommonStockWarrants
193354046 shares
CY2022Q3 evfm Common Stock Reserved Upon Exercise Of Purchase Rights
CommonStockReservedUponExerciseOfPurchaseRights
106423563 shares
CY2022Q3 evfm Common Stock Reserved For The Conversion Of Convertible Notes
CommonStockReservedForTheConversionOfConvertibleNotes
335258371 shares
CY2022Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
636223561 shares
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
981000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1091000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3129000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7548000 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
5400 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
263118 shares

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