2024 Q4 Form 10-Q Financial Statement
#000095017024126498 Filed on November 13, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
Revenue | $68.00K | $0.00 | |
YoY Change | |||
Cost Of Revenue | $0.00 | ||
YoY Change | |||
Gross Profit | $68.00K | ||
YoY Change | |||
Gross Profit Margin | 100.0% | ||
Selling, General & Admin | $1.868M | ||
YoY Change | -62.79% | ||
% of Gross Profit | |||
Research & Development | $2.336M | $1.075M | |
YoY Change | 111.02% | -14.68% | |
% of Gross Profit | 3435.29% | ||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $4.524M | $2.943M | |
YoY Change | 54.09% | -61.88% | |
Operating Profit | -$4.456M | ||
YoY Change | 51.77% | ||
Interest Expense | $272.0K | -$959.0K | |
YoY Change | 21.43% | -27.89% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$22.00K | -$5.978M | |
YoY Change | -99.51% | -41.22% | |
Pretax Income | -$4.478M | -$9.880M | |
YoY Change | -39.7% | -48.6% | |
Income Tax | $0.00 | -$5.000K | |
% Of Pretax Income | |||
Net Earnings | -$4.478M | -$9.875M | |
YoY Change | -39.7% | -48.62% | |
Net Earnings / Revenue | -6585.29% | ||
Basic Earnings Per Share | -$1.10 | ||
Diluted Earnings Per Share | -$1.10 | -$0.26 | |
COMMON SHARES | |||
Basic Shares Outstanding | 4.463M | 4.169M | 36.98M |
Diluted Shares Outstanding | 4.087M |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $176.0K | ||
YoY Change | 252.0% | ||
Cash & Equivalents | $2.082M | $176.0K | |
Short-Term Investments | |||
Other Short-Term Assets | $2.132M | ||
YoY Change | -28.46% | ||
Inventory | $0.00 | ||
Prepaid Expenses | $1.466M | $2.132M | |
Receivables | $68.00K | $0.00 | |
Other Receivables | $0.00 | ||
Total Short-Term Assets | $3.616M | $2.308M | |
YoY Change | 61.07% | -23.98% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.205M | ||
YoY Change | -30.35% | ||
Total Long-Term Assets | $970.0K | $1.205M | |
YoY Change | 48400.0% | -30.39% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.616M | $2.308M | |
Total Long-Term Assets | $970.0K | $1.205M | |
Total Assets | $4.586M | $3.513M | |
YoY Change | 104.09% | -26.31% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.687M | $4.372M | |
YoY Change | -26.87% | 126.88% | |
Accrued Expenses | $2.291M | $1.523M | |
YoY Change | 54.69% | -32.16% | |
Deferred Revenue | $550.0K | $0.00 | |
YoY Change | |||
Short-Term Debt | $0.00 | ||
YoY Change | |||
Long-Term Debt Due | $4.744M | ||
YoY Change | 302.72% | ||
Total Short-Term Liabilities | $6.638M | $13.05M | |
YoY Change | -46.59% | 143.85% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.337M | ||
YoY Change | -43.31% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $4.337M | ||
YoY Change | -43.31% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.638M | $13.05M | |
Total Long-Term Liabilities | $4.337M | ||
Total Liabilities | $6.638M | $17.38M | |
YoY Change | -63.43% | 33.69% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$135.1M | -$114.7M | |
YoY Change | 16.79% | 15.48% | |
Common Stock | $1.000K | $5.000K | |
YoY Change | -66.67% | 400.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$2.052M | -$13.87M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.586M | $3.513M | |
YoY Change | 104.09% | -26.31% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.478M | -$9.875M | |
YoY Change | -39.7% | -48.62% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$4.485M | ||
YoY Change | -15.38% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 4.588M | ||
YoY Change | -13.43% | ||
NET CHANGE | |||
Cash From Operating Activities | -4.485M | ||
Cash From Investing Activities | |||
Cash From Financing Activities | 4.588M | ||
Net Change In Cash | 103.0K | ||
YoY Change | 11059540787199900.0% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.485M | ||
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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EarningsPerShareBasic
|
-26.16 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-26.16 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4086871 | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4086871 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
801939 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
801939 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3348490 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3348490 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
641125 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
641125 | ||
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-13870000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
9389000 | |
CY2024Q1 | icu |
Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
|
3959000 | |
CY2024Q1 | icu |
Stock Issued During Period Value Equity Offering
StockIssuedDuringPeriodValueEquityOffering
|
8309000 | |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
434000 | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-12697000 | |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4476000 | |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
826000 | |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
56000 | |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
41000 | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3236000 | |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-6901000 | |
CY2024Q3 | icu |
Stock Issued During Period Value Equity Offering
StockIssuedDuringPeriodValueEquityOffering
|
8917000 | |
CY2024Q3 | icu |
Stock Issued During Period Value Board Compensation
StockIssuedDuringPeriodValueBoardCompensation
|
210000 | |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
200000 | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4478000 | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2052000 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-20762000 | |
CY2023Q1 | icu |
Stock Issued During Period Value Equity Line Of Credit
StockIssuedDuringPeriodValueEquityLineOfCredit
|
1108000 | |
CY2023Q1 | icu |
Stock Issued During Period Value Commitment Fee For Equity Line
StockIssuedDuringPeriodValueCommitmentFeeForEquityLine
|
1000000 | |
CY2023Q1 | icu |
Stock Issued During Period Value Prepaid Forward Contracts
StockIssuedDuringPeriodValuePrepaidForwardContracts
|
1870000 | |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
505000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7096000 | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-23375000 | |
CY2023Q2 | icu |
Stock Issued During Period Value Equity Line Of Credit
StockIssuedDuringPeriodValueEquityLineOfCredit
|
55000 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1937000 | |
CY2023Q2 | icu |
Forward Purchase Agreement Derivative Liabilities
ForwardPurchaseAgreementDerivativeLiabilities
|
11519000 | |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
555000 | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2447000 | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11756000 | |
CY2023Q3 | icu |
Stock Issued During Period Value Equity Line Of Credit
StockIssuedDuringPeriodValueEquityLineOfCredit
|
120000 | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
2411000 | |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
440000 | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7232000 | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-16017000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-20411000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-16775000 | ||
icu |
Amortization Of Deferred Financing Costs
AmortizationOfDeferredFinancingCosts
|
102000 | ||
icu |
Amortization Of Deferred Financing Costs
AmortizationOfDeferredFinancingCosts
|
37000 | ||
us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
-6145000 | ||
us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
-291000 | ||
icu |
Change In Fair Value Of Forward Purchase Agreement Derivative Liability
ChangeInFairValueOfForwardPurchaseAgreementDerivativeLiability
|
0 | ||
icu |
Change In Fair Value Of Forward Purchase Agreement Derivative Liability
ChangeInFairValueOfForwardPurchaseAgreementDerivativeLiability
|
1308000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
773000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1784000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
675000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1544000 | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-4949000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
68000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | ||
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
0 | ||
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-12000 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-666000 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-805000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-235000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
0 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-858000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3115000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
932000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
698000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
495000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
0 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11314000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5800000 | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
979000 | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
6500000 | ||
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
700000 | ||
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
282000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
13582000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1283000 | ||
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
853000 | ||
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | ||
icu |
Issuance Of Pre Funded Warrants
IssuanceOfPreFundedWarrants
|
3766000 | ||
icu |
Issuance Of Pre Funded Warrants
IssuanceOfPreFundedWarrants
|
0 | ||
icu |
Payment Of Commitment Fee Equity Line Of Credit
PaymentOfCommitmentFeeEquityLineOfCredit
|
0 | ||
icu |
Payment Of Commitment Fee Equity Line Of Credit
PaymentOfCommitmentFeeEquityLineOfCredit
|
500000 | ||
icu |
Proceeds From Sale Of Recycled Shares
ProceedsFromSaleOfRecycledShares
|
0 | ||
icu |
Proceeds From Sale Of Recycled Shares
ProceedsFromSaleOfRecycledShares
|
1870000 | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
100000 | ||
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
5260000 | ||
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3145000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13220000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5826000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1906000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
26000 | ||
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
176000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
47000 | |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2082000 | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
73000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
523000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
707000 | ||
icu |
Exercise Of Liability Classified Warrants
ExerciseOfLiabilityClassifiedWarrants
|
3106000 | ||
icu |
Exercise Of Liability Classified Warrants
ExerciseOfLiabilityClassifiedWarrants
|
0 | ||
icu |
Shares Issued As Payment Of Convertible Notes
SharesIssuedAsPaymentOfConvertibleNotes
|
10210000 | ||
icu |
Shares Issued As Payment Of Convertible Notes
SharesIssuedAsPaymentOfConvertibleNotes
|
4348000 | ||
icu |
Shares Issued To Settle Forward Option Prepaid Forward Contracts
SharesIssuedToSettleForwardOptionPrepaidForwardContracts
|
0 | ||
icu |
Shares Issued To Settle Forward Option Prepaid Forward Contracts
SharesIssuedToSettleForwardOptionPrepaidForwardContracts
|
558000 | ||
icu |
Board Compensation Settled In Shares Of Common Stock In Lieu Of Cash
BoardCompensationSettledInSharesOfCommonStockInLieuOfCash
|
210000 | ||
icu |
Board Compensation Settled In Shares Of Common Stock In Lieu Of Cash
BoardCompensationSettledInSharesOfCommonStockInLieuOfCash
|
0 | ||
icu |
Issuance Of Convertible Note Warrant
IssuanceOfConvertibleNoteWarrant
|
586000 | ||
icu |
Issuance Of Convertible Note Warrant
IssuanceOfConvertibleNoteWarrant
|
2705000 | ||
icu |
Number Of Enrolled Patients
NumberOfEnrolledPatients
|
51 | ||
us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
On June 7, 2024, the Company effected a 1-for-25 reverse stock split (the “Reverse Stock Split”) of its issued and outstanding shares of common stock, par value $0.0001 (the "common stock"). Following the effect of the Reverse Stock Split, each 25 shares of the Company’s common stock that were issued and outstanding automatically converted into one outstanding share of common stock | ||
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
16788000000 | |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
11.5 | |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4500000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-20400000 | ||
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-135100000 | |
CY2024Q3 | us-gaap |
Cash
Cash
|
2100000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
100000 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of the unaudited interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, assumptions and judgments that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of revenues and expenses during the period. Significant estimates include (i) revenue recognition, (ii) the valuation of the liability classified warrants, (iii) prepaid forward purchase agreement derivative liability, (iv) provision for income taxes, (v) convertible debt measured at fair value, and (vi) the amount of stock-based compensation expense. Although actual results could differ from those estimates, such estimates are developed based on the best information available to management and management's best judgments at the time.</span></p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Concentrations of Credit Risk</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Financial </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">instruments that potentially subject the Company to a significant concentration of credit risk consist primarily of cash. Periodically, the Company may maintain deposits in financial institutions in excess of government</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">insured </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">limits. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company's financial condition, results of operations, and cash flows.</span></p> | ||
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
0 | |
CY2024Q3 | icu |
Inventory Utilized
InventoryUtilized
|
0 | |
icu |
Inventory Utilized
InventoryUtilized
|
0 | ||
CY2024Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
0 | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
0 | ||
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
100000 | |
icu |
Contract With Customer Liability Consideration Received
ContractWithCustomerLiabilityConsiderationReceived
|
450000 | ||
icu |
Contract With Customer Liability Consideration Received
ContractWithCustomerLiabilityConsiderationReceived
|
100000 | ||
CY2024Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
550000 | |
CY2023Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
100000 | |
CY2024Q3 | icu |
Sale Of Pediatric Scds
SaleOfPediatricScds
|
100000 | |
icu |
Increase In Trade Accounts Receivable Gross
IncreaseInTradeAccountsReceivableGross
|
68000 | ||
icu |
Increase In Trade Accounts Receivable Net
IncreaseInTradeAccountsReceivableNet
|
68000 | ||
CY2024Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
68000 | |
CY2024Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
68000 | |
CY2024Q3 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
1184000 | |
CY2023Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
501000 | |
CY2024Q3 | icu |
Accrued Director Compensation Current
AccruedDirectorCompensationCurrent
|
296000 | |
CY2023Q4 | icu |
Accrued Director Compensation Current
AccruedDirectorCompensationCurrent
|
427000 | |
CY2024Q3 | icu |
Accrued Research And Development Expenses Current
AccruedResearchAndDevelopmentExpensesCurrent
|
281000 | |
CY2023Q4 | icu |
Accrued Research And Development Expenses Current
AccruedResearchAndDevelopmentExpensesCurrent
|
507000 | |
CY2024Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
42000 | |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
43000 | |
CY2024Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
0 | |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
19000 | |
CY2024Q3 | icu |
Accrued Contract Settlement Contingent Liability Current
AccruedContractSettlementContingentLiabilityCurrent
|
350000 | |
CY2023Q4 | icu |
Accrued Contract Settlement Contingent Liability Current
AccruedContractSettlementContingentLiabilityCurrent
|
0 | |
CY2024Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
138000 | |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
26000 | |
CY2024Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2291000 | |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1523000 | |
us-gaap |
Debt Instrument Payment Terms
DebtInstrumentPaymentTerms
|
The Company paid the remaining two monthly installments of principal and interest with the last payment being made in August 2024 | ||
us-gaap |
Debt Instrument Frequency Of Periodic Payment
DebtInstrumentFrequencyOfPeriodicPayment
|
two monthly | ||
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4373000 | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1087000 | ||
icu |
Gain Loss On Conversion Of Long Term Debt
GainLossOnConversionOfLongTermDebt
|
-5397000 | ||
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
10319000 | ||
icu |
Gain Loss On Reporting Period Remeasurement Of Long Term Debt
GainLossOnReportingPeriodRemeasurementOfLongTermDebt
|
-748000 | ||
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
700000 | ||
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
0 | |
CY2024Q1 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
14 | |
CY2024Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
5800000 | |
CY2024Q1 | icu |
Loss On Conversion Into Equity
LossOnConversionIntoEquity
|
4700000 | |
CY2024Q2 | icu |
Suspention Period
SuspentionPeriod
|
P60D | |
CY2024Q2 | icu |
Investment Right Notice Period
InvestmentRightNoticePeriod
|
P10D | |
CY2024Q2 | icu |
Percentage Of Conversion Amount
PercentageOfConversionAmount
|
2 | |
CY2024Q2 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
700000 | |
CY2024Q2 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
0 | |
CY2024Q3 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
0 | |
CY2023Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
95300000 | |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
2359824000 | |
CY2023Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
928209000 | |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
200000 | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
484000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
675000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1544000 | ||
CY2024Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
8000 | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
8000 | ||
CY2023Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
24000 | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
24000 | ||
CY2023Q4 | us-gaap |
Settlement Liabilities Current
SettlementLiabilitiesCurrent
|
200000 | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4478000 | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7232000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-20411000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-16775000 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4086871 | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4086871 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
801939 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
801939 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3348490 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3348490 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
641125 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
641125 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.1 | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.1 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-9.02 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-9.02 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.1 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.1 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-26.16 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-26.16 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2420483 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1003984 | ||
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | ||
ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | ||
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | ||
ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |