2024 Q1 Form 10-K Financial Statement

#000095017024038092 Filed on March 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $2.129M $1.889M $7.789M
YoY Change 2.06% -22.26% -4.78%
Cost Of Revenue $887.0K $863.0K $3.181M
YoY Change 7.65% -24.03% -2.69%
Gross Profit $1.242M $1.026M $4.608M
YoY Change -1.58% -20.71% -6.17%
Gross Profit Margin 58.34% 54.31% 59.16%
Selling, General & Admin $1.243M $1.284M $4.760M
YoY Change 11.48% 15.88% 3.43%
% of Gross Profit 100.08% 125.15% 103.3%
Research & Development $177.0K $166.0K $511.0K
YoY Change 22.07% 32.8% 3.86%
% of Gross Profit 14.25% 16.18% 11.09%
Depreciation & Amortization $49.00K $48.00K $194.0K
YoY Change -3.92% -7.69% -11.01%
% of Gross Profit 3.95% 4.68% 4.21%
Operating Expenses $1.420M $1.450M $5.271M
YoY Change 12.7% 17.6% 3.47%
Operating Profit -$178.0K -$424.0K -$663.0K
YoY Change -9000.0% -795.08% 262.3%
Interest Expense $36.00K -$34.00K $139.0K
YoY Change 0.0% 3.03% 2.96%
% of Operating Profit
Other Income/Expense, Net -$36.00K $0.00 $532.0K
YoY Change 0.0% -100.0% -459.46%
Pretax Income -$214.0K -$458.0K -$131.0K
YoY Change 529.41% -2091.3% -60.42%
Income Tax
% Of Pretax Income
Net Earnings -$214.0K -$303.0K -$131.0K
YoY Change 529.41% -1417.39% -60.42%
Net Earnings / Revenue -10.05% -16.04% -1.68%
Basic Earnings Per Share -$0.03 -$0.02
Diluted Earnings Per Share -$0.03 -$0.04 -$0.02
COMMON SHARES
Basic Shares Outstanding 8.004M 8.004M 8.004M
Diluted Shares Outstanding 8.004M 8.004M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.386M $1.588M $1.588M
YoY Change 46.98% 114.02% 114.02%
Cash & Equivalents $1.386M $1.588M
Short-Term Investments
Other Short-Term Assets $32.00K $96.00K $96.00K
YoY Change 23.08% 6.67% 6.67%
Inventory $1.273M $1.263M $1.263M
Prepaid Expenses $270.0K $80.00K
Receivables $632.0K $574.0K $574.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.593M $3.521M $3.521M
YoY Change 11.03% 18.83% 18.83%
LONG-TERM ASSETS
Property, Plant & Equipment $196.0K $215.0K $772.0K
YoY Change -15.52% -13.31% -20.82%
Goodwill
YoY Change
Intangibles $854.0K $875.0K
YoY Change -0.47% -0.34%
Long-Term Investments
YoY Change
Other Assets $291.0K $297.0K $297.0K
YoY Change -11.28% -6.9% -6.9%
Total Long-Term Assets $1.776M $1.869M $1.869M
YoY Change -15.63% -13.95% -13.95%
TOTAL ASSETS
Total Short-Term Assets $3.593M $3.521M $3.521M
Total Long-Term Assets $1.776M $1.869M $1.869M
Total Assets $5.369M $5.390M $5.390M
YoY Change 0.52% 4.97% 4.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $360.0K $364.0K $364.0K
YoY Change 2.56% 13.04% 13.04%
Accrued Expenses $578.0K $485.0K $761.0K
YoY Change -8.54% -4.53% 3.12%
Deferred Revenue
YoY Change
Short-Term Debt $3.490M $3.457M $3.457M
YoY Change 3.96% 3.97% 3.97%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.966M $4.832M $4.832M
YoY Change 2.79% 4.25% 4.25%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $367.0K $445.0K $445.0K
YoY Change -44.05% -38.19% -38.19%
Total Long-Term Liabilities $367.0K $445.0K $445.0K
YoY Change -44.05% -38.19% -38.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.966M $4.832M $4.832M
Total Long-Term Liabilities $367.0K $445.0K $445.0K
Total Liabilities $5.333M $5.277M $5.277M
YoY Change -2.81% -1.46% -1.46%
SHAREHOLDERS EQUITY
Retained Earnings -$110.7M -$110.5M
YoY Change 0.27% 0.18%
Common Stock $8.000K $8.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.264M -$4.187M $113.0K
YoY Change
Total Liabilities & Shareholders Equity $5.369M $5.390M $5.390M
YoY Change 0.52% 4.97% 4.97%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$214.0K -$303.0K -$131.0K
YoY Change 529.41% -1417.39% -60.42%
Depreciation, Depletion And Amortization $49.00K $48.00K $194.0K
YoY Change -3.92% -7.69% -11.01%
Cash From Operating Activities -$193.0K $161.0K $929.0K
YoY Change -189.35% 103.8% 179.82%
INVESTING ACTIVITIES
Capital Expenditures $8.000K $0.00 $80.00K
YoY Change -46.67% -100.0% 7900.0%
Acquisitions
YoY Change
Other Investing Activities -$3.000K -$3.000K
YoY Change
Cash From Investing Activities -$9.000K -$3.000K -$83.00K
YoY Change -40.0% 0.0% 654.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -193.0K 161.0K 929.0K
Cash From Investing Activities -9.000K -3.000K -83.00K
Cash From Financing Activities 0.000 0.000 0.000
Net Change In Cash -202.0K 158.0K 846.0K
YoY Change -200.5% 107.89% 48.16%
FREE CASH FLOW
Cash From Operating Activities -$193.0K $161.0K $929.0K
Capital Expenditures $8.000K $0.00 $80.00K
Free Cash Flow -$201.0K $161.0K $849.0K
YoY Change -200.0% 111.84% 156.5%

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<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:12pt;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:3.333%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:12pt;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 consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the accompanying consolidated financial statements. Significant estimates include patent life (remaining legal life versus remaining useful life), allowance for excess and obsolete inventories, and stock option awards using the Black-Scholes option valuation model. Actual results could differ from those estimates.</span></p>
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The Company's revenue consists primarily of sales of products from its two revenue-generating operating segments: the biomedical products market and anti-aging products market. The biomedical market segment markets and sells primary human cell research products with two product categories, cells and media, which are sold both domestically within the United States and internationally. The anti-aging market segment markets and sells a line of skincare products directly to customers through online orders via the ecommerce sales channel.
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2023Q4 isco Number Of Products Categories
NumberOfProductsCategories
2
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
747000
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023 isco Number Of Business Units
NumberOfBusinessUnits
2
CY2008Q2 isco Advances From Nonaffiliated Collaboration
AdvancesFromNonaffiliatedCollaboration
250000
CY2008Q2 isco Advances From Nonaffiliated Collaboration
AdvancesFromNonaffiliatedCollaboration
250000
CY2008Q2 isco Specified Amount Of Revenue To Be Utilized First For Advances
SpecifiedAmountOfRevenueToBeUtilizedFirstForAdvances
250000
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
574000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
844000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
747000
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P15Y
CY2023 isco Product Return Guarantee Period
ProductReturnGuaranteePeriod
P30D
CY2023 isco Allowance For Sales Return
AllowanceForSalesReturn
0
CY2022 isco Allowance For Sales Return
AllowanceForSalesReturn
0
CY2023 us-gaap Advertising Expense
AdvertisingExpense
204000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
220000
CY2023 isco Reduction In Research And Development Expenses
ReductionInResearchAndDevelopmentExpenses
99000
CY2022 isco Reduction In Research And Development Expenses
ReductionInResearchAndDevelopmentExpenses
80000
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16109285
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12537176
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:12pt;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;">Customer Concentrations</span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">For the years ended December 31, 2023 and 2022</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">one</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> customer accounted for approxim</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">ately </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">46</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">%</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> and </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">45</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">%</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, respectively, of consolidated product sales, and approximately </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">52</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% and </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">51</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">%, respectively, of biomedical product sales. As of </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">December 31, 2023 and 2022, the same customer accounted for </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">47</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">%</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> and </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">73</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">%</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, respectively, of accounts receivable, net.</span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">No other single customer accounted for more than 10% of product sales, net for the years ended December 31, 2023 and 2022 in either segment. As of December 31, 2023</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">three</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> customers individually accounted for more than </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">10</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% of accounts receivable, net and in the aggregate, accounted for </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">33</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% of accounts receivable, net. </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">No other single customer accounted for more than 10% of accounts receivable, net as of December 31, 2022</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">.</span></p>
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2541000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2467000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2326000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2219000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
215000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
248000
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
112000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
137000
CY2023 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
5000
CY2022 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
41000
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
526000
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
615000
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
597000
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
498000
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1145000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1194000
CY2023Q4 us-gaap Inventory Gross
InventoryGross
2268000
CY2022Q4 us-gaap Inventory Gross
InventoryGross
2307000
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
739000
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
637000
CY2023Q4 isco Inventory Net Current And Noncurrent
InventoryNetCurrentAndNoncurrent
1529000
CY2022Q4 isco Inventory Net Current And Noncurrent
InventoryNetCurrentAndNoncurrent
1670000
CY2023Q4 us-gaap Inventory Net
InventoryNet
1263000
CY2022Q4 us-gaap Inventory Net
InventoryNet
1384000
CY2023Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
266000
CY2022Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
286000
CY2023Q4 isco Inventory Net Current And Noncurrent
InventoryNetCurrentAndNoncurrent
1529000
CY2022Q4 isco Inventory Net Current And Noncurrent
InventoryNetCurrentAndNoncurrent
1670000
CY2023Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
1290000
CY2022Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
1286000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
565000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
483000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
725000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
803000
CY2023Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
75000
CY2022Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
75000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
800000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
878000
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
82000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
81000
CY2023Q4 isco Finite Lived Pending Patents
FiniteLivedPendingPatents
61000
CY2022Q4 isco Finite Lived Pending Patents
FiniteLivedPendingPatents
57000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
82000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
80000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
76000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
73000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
73000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
341000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
725000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0
CY2023 us-gaap Preferred Stock Voting Rights
PreferredStockVotingRights
The holders of Series B, Series D, and Series G are entitled to one vote for each share of common stock into which it would convert.
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
37351888
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
464000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
399000
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
650000
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M2D
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-76000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-228000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-55000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-103000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-131000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-331000
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.680
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.085
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.413
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.008
CY2023 isco Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
-0.092
CY2022 isco Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
-0.051
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
118.158
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
1.907
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-12.41
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0
CY2023 isco Effective Income Tax Rate Reconciliation Employee Retention Credit Income
EffectiveIncomeTaxRateReconciliationEmployeeRetentionCreditIncome
1.045
CY2022 isco Effective Income Tax Rate Reconciliation Employee Retention Credit Income
EffectiveIncomeTaxRateReconciliationEmployeeRetentionCreditIncome
0
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-2.269
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.080
CY2023 isco Effective Income Tax Rate Reconciliation Adjustment To Nol
EffectiveIncomeTaxRateReconciliationAdjustmentToNol
-108.305
CY2022 isco Effective Income Tax Rate Reconciliation Adjustment To Nol
EffectiveIncomeTaxRateReconciliationAdjustmentToNol
-0.406
CY2023 isco Effective Income Tax Rate Reconciliation Asc74010 Adjustment
EffectiveIncomeTaxRateReconciliationAsc74010Adjustment
4.02
CY2022 isco Effective Income Tax Rate Reconciliation Asc74010 Adjustment
EffectiveIncomeTaxRateReconciliationAsc74010Adjustment
-1.70
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.090
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.037
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
478000
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
953000
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
953000
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
953000
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
475000
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
478000
CY2023 isco Net Operating Loss Carryforwards Expiration Date Description
NetOperatingLossCarryforwardsExpirationDateDescription
various years beginning 2026 through 2037
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5476000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
19266000
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
922000
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
1993000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
995000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1252000
CY2023Q4 isco Deferred Tax Assets Irc Section174 Costs
DeferredTaxAssetsIrcSection174Costs
172000
CY2022Q4 isco Deferred Tax Assets Irc Section174 Costs
DeferredTaxAssetsIrcSection174Costs
95000
CY2023Q4 isco Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
166000
CY2022Q4 isco Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
191000
CY2023Q4 isco Deffered Tax Asset Lease Liabilities
DefferedTaxAssetLeaseLiabilities
161000
CY2022Q4 isco Deffered Tax Asset Lease Liabilities
DefferedTaxAssetLeaseLiabilities
224000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
123000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
128000
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
8015000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
23149000
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7858000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
22936000
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
157000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
213000
CY2023Q4 isco Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
125000
CY2022Q4 isco Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
171000
CY2023Q4 isco Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
32000
CY2022Q4 isco Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
42000
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
157000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
213000
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2021Q4 isco Lease Costs Incurred Percentage
LeaseCostsIncurredPercentage
0.40
CY2023 isco Number Of Operating Leases
NumberOfOperatingLeases
3
CY2021Q4 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2026-12-31
CY2021Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
11000
CY2021Q4 isco Percentage Of Increase Rent Per Annum Over Lease Term
PercentageOfIncreaseRentPerAnnumOverLeaseTerm
0.035
CY2021Q4 isco Percentage Of Base Rent Abated
PercentageOfBaseRentAbated
0.50
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
232000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
232000
CY2021Q4 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2026-12-31
CY2021Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
4000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
247000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
247000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
557000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
721000
CY2023Q4 isco Finance Leases
FinanceLeases
0
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
278
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
278
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
7
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
159
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
167
CY2023 us-gaap Lease Cost
LeaseCost
442
CY2022 us-gaap Lease Cost
LeaseCost
452
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
338
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
317
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y5M8D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y5M4D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.132
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1338
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
349000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
360000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
119000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
828000
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
107000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
721000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
276000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
445000
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023 isco Number Of Business Units
NumberOfBusinessUnits
2
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7789000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8180000
CY2023 us-gaap Costs And Expenses
CostsAndExpenses
8452000
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
8363000
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-663000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-183000
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
532000
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-148000
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-131000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-331000
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7789000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8180000

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