2023 Q2 Form 10-Q Financial Statement
#000155837023008798 Filed on May 09, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $1.372M |
YoY Change | -100.0% | -100.0% | -57.99% |
Cost Of Revenue | $0.00 | $0.00 | $775.0K |
YoY Change | -100.0% | -100.0% | 1.97% |
Gross Profit | $0.00 | $0.00 | $597.0K |
YoY Change | -100.0% | -100.0% | -76.22% |
Gross Profit Margin | 43.51% | ||
Selling, General & Admin | $4.962M | $6.030M | $26.98M |
YoY Change | -78.11% | -77.65% | -2.59% |
% of Gross Profit | 4519.6% | ||
Research & Development | $4.278M | $4.036M | $4.466M |
YoY Change | -4.36% | -9.63% | 42.87% |
% of Gross Profit | 748.07% | ||
Depreciation & Amortization | $77.00K | $77.00K | $157.0K |
YoY Change | -48.32% | -50.96% | -36.69% |
% of Gross Profit | 26.3% | ||
Operating Expenses | $9.599M | $11.68M | $32.29M |
YoY Change | -65.81% | -63.81% | 2.24% |
Operating Profit | -$9.599M | -$11.68M | -$30.91M |
YoY Change | -63.04% | -62.21% | 9.18% |
Interest Expense | $1.413M | $1.474M | $2.035M |
YoY Change | -35.98% | -27.57% | -4.95% |
% of Operating Profit | |||
Other Income/Expense, Net | -$814.0K | -$2.772M | -$2.027M |
YoY Change | -61.94% | 36.75% | |
Pretax Income | -$10.41M | -$14.46M | -$32.94M |
YoY Change | -62.96% | -56.12% | 8.32% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$10.41M | -$14.46M | -$32.94M |
YoY Change | -62.96% | -56.12% | 8.32% |
Net Earnings / Revenue | -2400.95% | ||
Basic Earnings Per Share | -$4.36 | -$6.99 | -$0.45 |
Diluted Earnings Per Share | -$4.36 | -$6.99 | -$0.45 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.349M | 2.025M | 73.64M |
Diluted Shares Outstanding | 2.388M | 2.069M | 73.64M |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $59.18M | $63.64M | $70.16M |
YoY Change | 32.78% | -9.3% | -55.02% |
Cash & Equivalents | $49.26M | $63.64M | $65.17M |
Short-Term Investments | $9.922M | $4.992M | |
Other Short-Term Assets | $6.063M | $7.313M | $4.542M |
YoY Change | -75.84% | 61.01% | 74.69% |
Inventory | $10.53M | ||
Prepaid Expenses | |||
Receivables | $117.0K | $115.0K | $13.02M |
Other Receivables | $177.0K | $280.0K | $0.00 |
Total Short-Term Assets | $65.54M | $71.34M | $98.26M |
YoY Change | -21.53% | -27.39% | -45.13% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $637.0K | $504.0K | $2.704M |
YoY Change | -28.51% | -81.36% | -11.11% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $328.0K | $372.0K | $9.230M |
YoY Change | -36.8% | -95.97% | -51.93% |
Total Long-Term Assets | $965.0K | $882.0K | $13.32M |
YoY Change | -33.95% | -93.38% | -73.76% |
TOTAL ASSETS | |||
Total Short-Term Assets | $65.54M | $71.34M | $98.26M |
Total Long-Term Assets | $965.0K | $882.0K | $13.32M |
Total Assets | $66.50M | $72.23M | $111.6M |
YoY Change | -21.74% | -35.27% | -51.45% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $760.0K | $997.0K | $6.218M |
YoY Change | -92.79% | -83.97% | 117.79% |
Accrued Expenses | $4.902M | $5.076M | $21.24M |
YoY Change | -73.22% | -76.1% | 40.2% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | |
YoY Change | |||
Total Short-Term Liabilities | $9.851M | $10.27M | $32.76M |
YoY Change | -70.05% | -68.66% | 63.88% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $33.57M | $33.27M | $79.36M |
YoY Change | -57.93% | -58.08% | 9.43% |
Other Long-Term Liabilities | $5.588M | $5.234M | $4.739M |
YoY Change | 45.56% | 10.45% | -82.77% |
Total Long-Term Liabilities | $39.16M | $38.50M | $84.10M |
YoY Change | -53.18% | -54.22% | -15.94% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.851M | $10.27M | $32.76M |
Total Long-Term Liabilities | $39.16M | $38.50M | $84.10M |
Total Liabilities | $49.01M | $48.77M | $116.9M |
YoY Change | -57.94% | -58.27% | -2.65% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$612.1M | -$601.7M | -$575.3M |
YoY Change | 1.43% | 4.58% | 33.74% |
Common Stock | $3.000K | $2.000K | $73.00K |
YoY Change | -95.89% | -97.26% | 14.06% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $17.49M | $23.46M | -$5.284M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $66.50M | $72.23M | $111.6M |
YoY Change | -21.74% | -35.27% | -51.45% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$10.41M | -$14.46M | -$32.94M |
YoY Change | -62.96% | -56.12% | 8.32% |
Depreciation, Depletion And Amortization | $77.00K | $77.00K | $157.0K |
YoY Change | -48.32% | -50.96% | -36.69% |
Cash From Operating Activities | -$7.595M | -$9.684M | -$24.09M |
YoY Change | -70.12% | -59.8% | -26.2% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $214.0K | $108.0K | -$81.00K |
YoY Change | -224.42% | -233.33% | -63.18% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$9.819M | $0.00 | -$4.992M |
YoY Change | -427.3% | -100.0% | -110.35% |
Cash From Investing Activities | -$10.03M | -$108.0K | -$5.073M |
YoY Change | -454.77% | -97.87% | -110.56% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 3.073M | 2.858M | 154.0K |
YoY Change | -30830.0% | 1755.84% | -99.56% |
NET CHANGE | |||
Cash From Operating Activities | -7.595M | -9.684M | -24.09M |
Cash From Investing Activities | -10.03M | -108.0K | -5.073M |
Cash From Financing Activities | 3.073M | 2.858M | 154.0K |
Net Change In Cash | -14.56M | -6.934M | -29.01M |
YoY Change | -35.6% | -76.1% | -157.21% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$7.595M | -$9.684M | -$24.09M |
Capital Expenditures | $214.0K | $108.0K | -$81.00K |
Free Cash Flow | -$7.809M | -$9.792M | -$24.01M |
YoY Change | -69.07% | -59.21% | -25.95% |
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OperatingIncomeLoss
|
-30914000 | |
CY2023Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
675000 | |
CY2022Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
8000 | |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
1474000 | |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
2035000 | |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1973000 | |
CY2023Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2772000 | |
CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2027000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14455000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-32941000 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.99 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.99 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-22.18 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-22.18 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2069186 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2069186 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1485168 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1485168 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14455000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-32941000 | |
CY2022Q1 | kala |
Other Comprehensive Income Available For Sale Securities Adjustments Net Of Tax Portions Attributable To Parent
OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentsNetOfTaxPortionsAttributableToParent
|
-2000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2000 | |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-14455000 | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-32943000 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18974000 | |
CY2023Q1 | kala |
Payments Of Stock Issuance Costs At Market Offering
PaymentsOfStockIssuanceCostsAtMarketOffering
|
384000 | |
CY2023Q1 | kala |
Stock Issued During Period Value New Issues At Market
StockIssuedDuringPeriodValueNewIssuesAtMarket
|
14893000 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
6000 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
365000 | |
CY2023Q1 | kala |
Asset Acquisition Contingent Milestone Consideration Equity Interest Issued Or Issuable
AssetAcquisitionContingentMilestoneConsiderationEquityInterestIssuedOrIssuable
|
2354000 | |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1324000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14455000 | |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
163000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2858000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
154000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-6934000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-29008000 | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23461000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16804000 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3000 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
160000 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
7936000 | |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2756000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-2000 | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32941000 | |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5284000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-14455000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-32941000 | |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
77000 | |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
157000 | |
CY2023Q1 | kala |
Non Cash Operating Lease
NonCashOperatingLease
|
10000 | |
CY2022Q1 | kala |
Non Cash Operating Lease
NonCashOperatingLease
|
181000 | |
CY2023Q1 | kala |
Gain Loss On Fair Value Re Measurement Of Deferred Purchase Consideration
GainLossOnFairValueReMeasurementOfDeferredPurchaseConsideration
|
230000 | |
CY2022Q1 | kala |
Gain Loss On Fair Value Re Measurement Of Deferred Purchase Consideration
GainLossOnFairValueReMeasurementOfDeferredPurchaseConsideration
|
-1051000 | |
CY2023Q1 | kala |
Gain Loss On Fair Value Re Measurement Of Contingent Consideration
GainLossOnFairValueReMeasurementOfContingentConsideration
|
-1847000 | |
CY2022Q1 | kala |
Gain Loss On Fair Value Re Measurement Of Contingent Consideration
GainLossOnFairValueReMeasurementOfContingentConsideration
|
988000 | |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
329000 | |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
432000 | |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1324000 | |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2805000 | |
CY2022Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
2000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-80000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2325000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-5470000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1662000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2189000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
164000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1826000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1222000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-4489000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
326000 | |
CY2023Q1 | kala |
Increase Decrease In Lease And Other Liabilities Noncurrent
IncreaseDecreaseInLeaseAndOtherLiabilitiesNoncurrent
|
-10000 | |
CY2022Q1 | kala |
Increase Decrease In Lease And Other Liabilities Noncurrent
IncreaseDecreaseInLeaseAndOtherLiabilitiesNoncurrent
|
-155000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9684000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-24089000 | |
CY2023Q1 | kala |
Payments To Acquire Property Plant And Equipment And Other Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndOtherAssets
|
108000 | |
CY2022Q1 | kala |
Payments To Acquire Property Plant And Equipment And Other Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndOtherAssets
|
81000 | |
CY2022Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
4992000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-108000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5073000 | |
CY2023Q1 | kala |
Payment Of Principal On Venture Debt Facility
PaymentOfPrincipalOnVentureDebtFacility
|
10000000 | |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
14893000 | |
CY2023Q1 | kala |
Payment O Cash Portion Of Dosing Milestone
PaymentOCashPortionOfDosingMilestone
|
2041000 | |
CY2022Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
9000 | |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
6000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
70745000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
94878000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
63811000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
65870000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
63811000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
65870000 | |
CY2023Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
175000 | |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
700000 | |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
63636000 | |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
65170000 | |
CY2023Q1 | kala |
Capital Expenditures Incurred But Not Yet Paid Accounts Payable
CapitalExpendituresIncurredButNotYetPaidAccountsPayable
|
67000 | |
CY2022Q1 | kala |
Capital Expenditures Incurred But Not Yet Paid Accounts Payable
CapitalExpendituresIncurredButNotYetPaidAccountsPayable
|
174000 | |
CY2023Q1 | kala |
Issuance Of Common Stock To Satisfy Deferred Purchase Consideration In Additional Paid In Capital
IssuanceOfCommonStockToSatisfyDeferredPurchaseConsiderationInAdditionalPaidInCapital
|
365000 | |
CY2023Q1 | kala |
Asset Acquisition Contingent Milestone Consideration Equity Interest Issued Or Issuable
AssetAcquisitionContingentMilestoneConsiderationEquityInterestIssuedOrIssuable
|
2354000 | |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1227000 | |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1603000 | |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
424000 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
50 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
120000000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14455000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-32941000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9684000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-24089000 | |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-601665000 | |
CY2022 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
31000000.0 | |
CY2022Q3 | kala |
Disposal Group Including Discontinued Operation Number Of Milestone Payments Per Calendar Year
DisposalGroupIncludingDiscontinuedOperationNumberOfMilestonePaymentsPerCalendarYear
|
1 | |
CY2022Q3 | kala |
Disposal Group Including Discontinued Operation Number Of Milestone Payments Per Calendar Year
DisposalGroupIncludingDiscontinuedOperationNumberOfMilestonePaymentsPerCalendarYear
|
1 | |
CY2022Q4 | kala |
Accrued Revenue Reserves
AccruedRevenueReserves
|
807000 | |
CY2023Q1 | kala |
Development Costs Current
DevelopmentCostsCurrent
|
499000 | |
CY2022Q4 | kala |
Development Costs Current
DevelopmentCostsCurrent
|
446000 | |
CY2023Q1 | kala |
Accrued Commercialization Cost
AccruedCommercializationCost
|
262000 | |
CY2022Q4 | kala |
Due From Alcon
DueFromAlcon
|
5394000 | |
CY2022Q4 | us-gaap |
Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
|
26000 | |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
|
5355000 | |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
|
7544000 | |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
|
51000 | |
CY2023Q1 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
5355000 | |
CY2022Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
7595000 | |
CY2022Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
7935000 | |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
365000 | |
CY2023Q1 | kala |
Gain Loss On Fair Value Re Measurement Of Deferred Purchase Consideration
GainLossOnFairValueReMeasurementOfDeferredPurchaseConsideration
|
230000 | |
CY2022Q1 | kala |
Gain Loss On Fair Value Re Measurement Of Deferred Purchase Consideration
GainLossOnFairValueReMeasurementOfDeferredPurchaseConsideration
|
-1051000 | |
CY2023Q1 | kala |
Fair Value Assets Level1 To Level2 Transfers Amount1
FairValueAssetsLevel1ToLevel2TransfersAmount1
|
0 | |
CY2022 | kala |
Fair Value Assets Level1 To Level2 Transfers Amount1
FairValueAssetsLevel1ToLevel2TransfersAmount1
|
0 | |
CY2022Q4 | kala |
Accrued Commercialization Cost
AccruedCommercializationCost
|
271000 | |
CY2023Q1 | kala |
Due From Alcon
DueFromAlcon
|
683000 | |
CY2022Q4 | kala |
Due From Alcon
DueFromAlcon
|
5394000 | |
CY2023Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
467000 | |
CY2022Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
698000 | |
CY2023Q1 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
280000 | |
CY2022Q4 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
908000 | |
CY2023Q1 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
115000 | |
CY2022Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
195000 | |
CY2023Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
808000 | |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
657000 | |
CY2023Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2353000 | |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
7852000 | |
CY2023Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1440000 | |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
948000 | |
CY2023Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1089000 | |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3334000 | |
CY2023Q1 | kala |
Accrued Revenue Reserves
AccruedRevenueReserves
|
757000 | |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
407000 | |
CY2023Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5076000 | |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
8910000 | |
CY2019Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
450000 | |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
10000 | |
CY2022Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
176000 | |
CY2023Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
20000 | |
CY2022Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
40000 | |
CY2023Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
6000 | |
CY2022Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
447000 | |
CY2023Q1 | us-gaap |
Lease Cost
LeaseCost
|
36000 | |
CY2022Q1 | us-gaap |
Lease Cost
LeaseCost
|
663000 | |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
10000 | |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
719000 | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y3M18D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y6M | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.104 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.104 | |
CY2023Q1 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.1644 | |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
33957000 | |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
43303000 | |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
735000 | |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
806000 | |
CY2023Q1 | kala |
Debt Instrument Exit Fees Of Total Principal Payments Value
DebtInstrumentExitFeesOfTotalPrincipalPaymentsValue
|
44000 | |
CY2022Q4 | kala |
Debt Instrument Exit Fees Of Total Principal Payments Value
DebtInstrumentExitFeesOfTotalPrincipalPaymentsValue
|
440000 | |
CY2023Q1 | kala |
Adjusted Long Term Debt
AdjustedLongTermDebt
|
33266000 | |
CY2022Q4 | kala |
Adjusted Long Term Debt
AdjustedLongTermDebt
|
42937000 | |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5000000 | |
CY2023Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
33266000 | |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
37937000 | |
CY2023Q1 | kala |
Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
|
4303 | |
CY2022 | kala |
Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
|
4303 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
75000000 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
565974 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
75000000 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1.219 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0372 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y1M6D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
14.80 | |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1324000 | |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2805000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14455000 | |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-32941000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2069186 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2069186 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1485168 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1485168 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.99 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.99 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-22.18 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-22.18 | |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5654811 | |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
281600 | |
CY2022Q4 | kala |
Tax Credit Carryforward Amount Annual Limitation
TaxCreditCarryforwardAmountAnnualLimitation
|
222000 | |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 |