2023 Q2 Form 10-Q Financial Statement
#000095017023020080 Filed on May 10, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $0.00 | $107.0K | $354.0K |
YoY Change | -100.0% | -69.77% | -90.04% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $8.877M | $9.617M | $9.404M |
YoY Change | 8.73% | 2.26% | 106.68% |
% of Gross Profit | |||
Research & Development | $203.0K | $8.588M | $15.53M |
YoY Change | -98.54% | -44.7% | 19.69% |
% of Gross Profit | |||
Depreciation & Amortization | $57.00K | $1.367M | $1.331M |
YoY Change | -95.82% | 2.7% | 261.68% |
% of Gross Profit | |||
Operating Expenses | $9.881M | $67.48M | $24.93M |
YoY Change | -57.02% | 170.64% | 42.26% |
Operating Profit | -$9.881M | -$67.38M | -$24.58M |
YoY Change | -56.33% | 174.1% | 75.9% |
Interest Expense | $420.0K | $425.0K | $13.00K |
YoY Change | -746.15% | 3169.23% | |
% of Operating Profit | |||
Other Income/Expense, Net | $2.931M | -$25.00K | $13.00K |
YoY Change | -4228.17% | -292.31% | -285.71% |
Pretax Income | -$6.950M | -$67.40M | -$24.57M |
YoY Change | -69.38% | 174.35% | 75.72% |
Income Tax | $0.00 | -$3.461M | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$6.950M | -$63.94M | -$24.57M |
YoY Change | -69.38% | 160.26% | 75.72% |
Net Earnings / Revenue | -59756.07% | -6939.83% | |
Basic Earnings Per Share | -$4.33 | -$1.33 | -$0.52 |
Diluted Earnings Per Share | -$4.33 | -$1.33 | -$516.9K |
COMMON SHARES | |||
Basic Shares Outstanding | 48.14M | 48.14M | 47.53M |
Diluted Shares Outstanding | 1.605M | 48.09M | 47.53M |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $34.05M | $41.68M | $106.9M |
YoY Change | -67.47% | -61.02% | -44.6% |
Cash & Equivalents | $34.10M | $41.70M | $106.9M |
Short-Term Investments | |||
Other Short-Term Assets | $2.448M | $1.606M | $15.55M |
YoY Change | -57.04% | -89.67% | 418.2% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $0.00 | $100.0K | $200.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $36.50M | $43.40M | $122.6M |
YoY Change | -66.98% | -64.62% | -38.16% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $732.0K | $1.248M | $19.41M |
YoY Change | -96.03% | -93.57% | 18.06% |
Goodwill | $18.06M | ||
YoY Change | 0.0% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $200.0K | $4.542M |
YoY Change | -100.0% | -95.6% | 2002.78% |
Total Long-Term Assets | $30.36M | $35.64M | $81.98M |
YoY Change | -74.22% | -56.52% | 21.26% |
TOTAL ASSETS | |||
Total Short-Term Assets | $36.50M | $43.40M | $122.6M |
Total Long-Term Assets | $30.36M | $35.64M | $81.98M |
Total Assets | $66.86M | $79.04M | $204.6M |
YoY Change | -70.72% | -61.37% | -23.06% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $432.0K | $2.553M | $4.765M |
YoY Change | -57.35% | -46.42% | 22.87% |
Accrued Expenses | $9.143M | $10.65M | $12.02M |
YoY Change | -35.48% | -11.39% | 155.79% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $9.575M | $13.21M | $16.79M |
YoY Change | -36.94% | -21.33% | 45.94% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Other Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.575M | $13.21M | $16.79M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $38.96M | $46.09M | $24.84M |
YoY Change | -43.7% | 85.52% | -6.24% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$344.9M | -$339.6M | -$185.6M |
YoY Change | 65.63% | 83.0% | 58.85% |
Common Stock | $372.8M | $372.5M | $365.4M |
YoY Change | 1.49% | 1.96% | 2.55% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $27.89M | $32.95M | $179.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $66.86M | $79.04M | $204.6M |
YoY Change | -70.72% | -61.37% | -23.06% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.950M | -$63.94M | -$24.57M |
YoY Change | -69.38% | 160.26% | 75.72% |
Depreciation, Depletion And Amortization | $57.00K | $1.367M | $1.331M |
YoY Change | -95.82% | 2.7% | 261.68% |
Cash From Operating Activities | -$9.157M | -$13.38M | -$25.65M |
YoY Change | -42.19% | -47.82% | 68.57% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $14.00K | $909.0K |
YoY Change | -100.0% | -98.46% | -89.71% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.270M | $0.00 | |
YoY Change | -100.0% | ||
Cash From Investing Activities | $1.270M | -$14.00K | -$909.0K |
YoY Change | -242.06% | -98.46% | -89.7% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 4.000K | -16.16M | 5.000K |
YoY Change | -99.97% | -323280.0% | -100.0% |
NET CHANGE | |||
Cash From Operating Activities | -9.157M | -13.38M | -25.65M |
Cash From Investing Activities | 1.270M | -14.00K | -909.0K |
Cash From Financing Activities | 4.000K | -16.16M | 5.000K |
Net Change In Cash | -7.883M | -29.55M | -26.55M |
YoY Change | 302.6% | 11.31% | -128.45% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$9.157M | -$13.38M | -$25.65M |
Capital Expenditures | $0.00 | $14.00K | $909.0K |
Free Cash Flow | -$9.157M | -$13.40M | -$26.56M |
YoY Change | -38.73% | -49.56% | 10.42% |
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0 | |
CY2023Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-25000 | |
CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
13000 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-67400000 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-24567000 | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3461000 | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-63939000 | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24567000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-63939000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-24567000 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.33 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.33 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.52 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.52 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48085547 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48085547 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47528948 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
47528948 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
202224000 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
14000 | |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2120000 | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24567000 | |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
179791000 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
95711000 | |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1180000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-63939000 | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
32952000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-63939000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-24567000 | |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1367000 | |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1331000 | |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1180000 | |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2120000 | |
CY2023Q1 | fnch |
Impairment Of In Process Research And Development
ImpairmentOfInProcessResearchAndDevelopment
|
32900000 | |
CY2022Q1 | fnch |
Impairment Of In Process Research And Development
ImpairmentOfInProcessResearchAndDevelopment
|
0 | |
CY2023Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1366000 | |
CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | |
CY2023Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
13141000 | |
CY2022Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | |
CY2023Q1 | fnch |
Non Cash Interest Expense
NonCashInterestExpense
|
17000 | |
CY2022Q1 | fnch |
Non Cash Interest Expense
NonCashInterestExpense
|
0 | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-180000 | |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | |
CY2023Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
965000 | |
CY2022Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
242000 | |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3461000 | |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-37000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-322000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1763000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
6970000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-4033000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-363000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1456000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1093000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-2745000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
693000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-50000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
0 | |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-1591000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-273000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13381000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-25646000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14000 | |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
909000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-14000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-909000 | |
CY2023Q1 | fnch |
Principal Payments On Capital Lease Obligation
PrincipalPaymentsOnCapitalLeaseObligation
|
4000 | |
CY2022Q1 | fnch |
Principal Payments On Capital Lease Obligation
PrincipalPaymentsOnCapitalLeaseObligation
|
9000 | |
CY2023Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | |
CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
14000 | |
CY2023Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
15000000 | |
CY2022Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | |
CY2023Q1 | fnch |
Payment Of Terminal Fee Obligation And Prepayment Fee
PaymentOfTerminalFeeObligationAndPrepaymentFee
|
1155000 | |
CY2022Q1 | fnch |
Payment Of Terminal Fee Obligation And Prepayment Fee
PaymentOfTerminalFeeObligationAndPrepaymentFee
|
0 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-16159000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-29554000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-26550000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
73805000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
135965000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
44251000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
109415000 | |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
202000 | |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2000 | |
CY2023Q1 | fnch |
Payments For Proceeds From Operating Lease Liabilities
PaymentsForProceedsFromOperatingLeaseLiabilities
|
0 | |
CY2022Q1 | fnch |
Payments For Proceeds From Operating Lease Liabilities
PaymentsForProceedsFromOperatingLeaseLiabilities
|
369000 | |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | |
CY2022Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
574000 | |
CY2023Q1 | fnch |
Remeasurement Of Right Of Use Asset
RemeasurementOfRightOfUseAsset
|
40000 | |
CY2022Q1 | fnch |
Remeasurement Of Right Of Use Asset
RemeasurementOfRightOfUseAsset
|
0 | |
CY2023Q1 | fnch |
Other Receivable Recorded For Sale Of Property And Equipment
OtherReceivableRecordedForSaleOfPropertyAndEquipment
|
43000 | |
CY2022Q1 | fnch |
Other Receivable Recorded For Sale Of Property And Equipment
OtherReceivableRecordedForSaleOfPropertyAndEquipment
|
0 | |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
41684000 | |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
106931000 | |
CY2023Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
2567000 | |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
2484000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
44251000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
109415000 | |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
41700000 | |
CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
6000 | |
CY2023Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
32882000 | |
CY2023Q1 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
32900000 | |
CY2023Q1 | fnch |
Transfers Between Fair Value Levels
TransfersBetweenFairValueLevels
|
0 | |
CY2022Q4 | fnch |
Transfers Between Fair Value Levels
TransfersBetweenFairValueLevels
|
0 | |
CY2023Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3524000 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
25222000 | |
CY2023Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2276000 | |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
9286000 | |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1248000 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
15936000 | |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
1400000 | |
CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
1300000 | |
CY2023Q1 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
13100000 | |
CY2015Q4 | fnch |
Lessee Operating Lease Leases Area
LesseeOperatingLeaseLeasesArea
|
25785 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Description
LesseeOperatingLeaseDescription
|
The lease term, as assumed, was from March 2021 through February 2023 | |
CY2022Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
0 | |
CY2023Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
31827000 | |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
32752000 | |
CY2023Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
0 | |
CY2022Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
1000 | |
CY2023Q1 | fnch |
Lease Assets
LeaseAssets
|
31827000 | |
CY2022Q4 | fnch |
Lease Assets
LeaseAssets
|
32753000 | |
CY2023Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3253000 | |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3431000 | |
CY2023Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
0 | |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
34255000 | |
CY2023Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
0 | |
CY2022Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
0 | |
CY2023Q1 | fnch |
Lease Liabilities
LeaseLiabilities
|
36135000 | |
CY2022Q4 | fnch |
Lease Liabilities
LeaseLiabilities
|
37692000 | |
CY2023Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
4000 | |
CY2022Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
9000 | |
CY2022Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
2000 | |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1723000 | |
CY2022Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
339000 | |
CY2023Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
13000 | |
CY2022Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
108000 | |
CY2023Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
445000 | |
CY2022Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
495000 | |
CY2023Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
1053000 | |
CY2022Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
0 | |
CY2023Q1 | us-gaap |
Lease Cost
LeaseCost
|
1132000 | |
CY2022Q1 | us-gaap |
Lease Cost
LeaseCost
|
953000 | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y1M6D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y6M | |
CY2022Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y2M12D | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.083 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.083 | |
CY2023Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0 | |
CY2022Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.306 | |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-1591000 | |
CY2022Q1 | fnch |
Principal Payments On Capital Lease Obligation
PrincipalPaymentsOnCapitalLeaseObligation
|
9000 | |
CY2023Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
4567000 | |
CY2023Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
6255000 | |
CY2023Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
6427000 | |
CY2023Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
6186000 | |
CY2023Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
5215000 | |
CY2023Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
21884000 | |
CY2023Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
50534000 | |
CY2023Q1 | fnch |
Interest Portion Of Operating Leases Future Minimum Payments Due
InterestPortionOfOperatingLeasesFutureMinimumPaymentsDue
|
-14399000 | |
CY2023Q1 | fnch |
Present Value Of Future Minimum Lease Payments
PresentValueOfFutureMinimumLeasePayments
|
36135000 | |
CY2023Q1 | fnch |
Accrued Research And Development
AccruedResearchAndDevelopment
|
170000 | |
CY2022Q4 | fnch |
Accrued Research And Development
AccruedResearchAndDevelopment
|
1967000 | |
CY2023Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
3672000 | |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
5852000 | |
CY2023Q1 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
1921000 | |
CY2022Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
880000 | |
CY2023Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1637000 | |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1462000 | |
CY2023Q1 | fnch |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
7400000 | |
CY2022Q4 | fnch |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
10161000 | |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3200000 | |
CY2023Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
100000 | |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
100000 | |
CY2023Q1 | us-gaap |
Cost Maintenance
CostMaintenance
|
5000000 | |
CY2023Q1 | fnch |
Commitments And Contingencies Due In Next Twelve Months
CommitmentsAndContingenciesDueInNextTwelveMonths
|
5000000 | |
CY2023Q1 | fnch |
Commitments And Contingencies Due In Next Second Year
CommitmentsAndContingenciesDueInNextSecondYear
|
20000000 | |
CY2023Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2023Q1 | us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
Each share of common stock entitles the holder to one vote | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
0 | |
CY2023Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
2276421 | |
CY2022Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
3560471 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward
|
500000 | |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1180000 | |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2120000 | |
CY2023Q1 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
100000 | |
CY2022Q1 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
200000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-63939000 | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24567000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-63939000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-63939000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-24567000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-24567000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48085547 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48085547 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47528948 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
47528948 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.33 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.33 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.52 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.52 | |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2276421 | |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4803491 |