2022 Q4 Form 10-Q Financial Statement

#000121390022072281 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $240.7K $218.6K $0.00
YoY Change 1498.34%
Cost Of Revenue -$1.310K $86.47K
YoY Change -107.58%
Gross Profit $242.0K $132.1K
YoY Change -11001.8%
Gross Profit Margin 100.54% 60.45%
Selling, General & Admin $3.936M $3.224M $1.274M
YoY Change 101.45% 153.14%
% of Gross Profit 1626.47% 2439.75%
Research & Development $1.387M $1.159M
YoY Change
% of Gross Profit 572.89% 877.08%
Depreciation & Amortization -$100.00 $16.67K
YoY Change -107.25%
% of Gross Profit -0.04% 12.62%
Operating Expenses $5.323M $4.383M $1.274M
YoY Change 172.4% 244.14%
Operating Profit -$5.081M -$4.251M -$1.274M
YoY Change 159.72% 233.76%
Interest Expense $980.4K -$335.3K -$252.5K
YoY Change -62.09% 32.79%
% of Operating Profit
Other Income/Expense, Net -$280.00 -$335.3K -$252.5K
YoY Change 1300.0% 32.79%
Pretax Income -$5.118M -$4.586M -$1.526M
YoY Change -912.18% 200.51%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$5.118M -$4.586M -$1.526M
YoY Change -912.18% 200.51%
Net Earnings / Revenue -2126.08% -2097.88%
Basic Earnings Per Share -$0.17 -$0.17
Diluted Earnings Per Share -$0.18 -$0.17 -$116.9K
COMMON SHARES
Basic Shares Outstanding 29.25M shares 26.70M shares 8.956M shares
Diluted Shares Outstanding 26.55M shares 8.956M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.15M $42.40M $20.57M
YoY Change -37.42% 106.16%
Cash & Equivalents $33.15M $42.40M $20.57M
Short-Term Investments
Other Short-Term Assets $302.1K $866.0K $468.5K
YoY Change 84.83%
Inventory
Prepaid Expenses $627.7K $1.205M
Receivables
Other Receivables
Total Short-Term Assets $34.08M $44.47M $21.03M
YoY Change -36.07% 111.42%
LONG-TERM ASSETS
Property, Plant & Equipment $378.8K $340.5K $8.570K
YoY Change 1782.25% 3873.3%
Goodwill $1.263M $3.854M
YoY Change
Intangibles $8.587M $12.50K
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $11.10M $5.139M $8.570K
YoY Change 55074.9% 59863.97%
TOTAL ASSETS
Total Short-Term Assets $34.08M $44.47M $21.03M
Total Long-Term Assets $11.10M $5.139M $8.570K
Total Assets $45.18M $49.61M $21.04M
YoY Change -15.27% 135.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.614M $1.256M $528.1K
YoY Change 260.92% 137.82%
Accrued Expenses $263.3K $258.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.878M $1.514M $528.1K
YoY Change 319.79% 186.68%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $804.2K $1.306M $4.039M
YoY Change -44.64% -67.68%
Total Long-Term Liabilities $804.2K $1.306M $4.039M
YoY Change -44.64% -67.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.878M $1.514M $528.1K
Total Long-Term Liabilities $804.2K $1.306M $4.039M
Total Liabilities $2.682M $2.819M $4.567M
YoY Change 41.14% -38.27%
SHAREHOLDERS EQUITY
Retained Earnings -$19.36M -$11.03M
YoY Change 774.1%
Common Stock $17.99K $18.04K
YoY Change 1.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 2.700M shares
Shareholders Equity $42.50M $46.79M $16.48M
YoY Change
Total Liabilities & Shareholders Equity $45.18M $49.61M $21.04M
YoY Change -15.27% 135.75%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$5.118M -$4.586M -$1.526M
YoY Change -912.18% 200.51%
Depreciation, Depletion And Amortization -$100.00 $16.67K
YoY Change -107.25%
Cash From Operating Activities -$4.419M -$5.239M -$548.5K
YoY Change 153.32% 855.19%
INVESTING ACTIVITIES
Capital Expenditures $1.789M -$197.4K -$8.570K
YoY Change -13935.96% 2203.85%
Acquisitions
YoY Change
Other Investing Activities $32.98K -$32.98K
YoY Change
Cash From Investing Activities -$1.756M -$230.4K -$8.570K
YoY Change 13480.82% 2588.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.206M 0.000 20.55M
YoY Change -109.38% -100.0%
NET CHANGE
Cash From Operating Activities -4.419M -5.239M -548.5K
Cash From Investing Activities -1.756M -230.4K -8.570K
Cash From Financing Activities -3.206M 0.000 20.55M
Net Change In Cash -9.381M -5.469M 20.00M
YoY Change -128.95% -127.35%
FREE CASH FLOW
Cash From Operating Activities -$4.419M -$5.239M -$548.5K
Capital Expenditures $1.789M -$197.4K -$8.570K
Free Cash Flow -$6.208M -$5.041M -$539.9K
YoY Change 258.54% 833.78%

Facts In Submission

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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-305546 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8570 usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
21862200 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1208926 usd
ktta Payment Of Offering Costs
PaymentOfOfferingCosts
-1307400 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
21763726 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-119697 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3762 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10568473 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
20321669 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52966706 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
243650 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42398233 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20565319 usd
ktta Lease Liabilities Arising From Obtaining Rightofuse Assets
LeaseLiabilitiesArisingFromObtainingRightofuseAssets
931964 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Use of Estimates</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statement and the reported amounts of revenues and expenses during the reporting period.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these condensed consolidated financial statements is the determination of fair value of the warrant liabilities. Accordingly, the actual results could differ significantly from those estimates.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
374182 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21503 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
33670 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1379 usd
CY2022Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
16670 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
32471 usd
CY2021Q3 us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
0 usd
us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
0 usd
CY2021Q3 ktta Offering Costs
OfferingCosts
3445200 usd
CY2021Q3 us-gaap Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
2137800 usd
CY2021Q3 us-gaap Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
1307400 usd
CY2022Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
0 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Concentration of Credit Risk</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000. As of September 30, 2022, the Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
ktta Payments In Advance
PaymentsInAdvance
1 pure
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.30 pure
CY2022Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.0001
CY2022Q3 us-gaap Foreign Currency Exchange Rate Remeasurement1
ForeignCurrencyExchangeRateRemeasurement1
1.117 pure
CY2021Q4 us-gaap Foreign Currency Exchange Rate Remeasurement1
ForeignCurrencyExchangeRateRemeasurement1
1.348 pure
CY2022Q3 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
1.257 pure
CY2021Q4 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
1.371 pure
CY2022Q3 ktta Foreign Currency Exchange Rate Remeasurements
ForeignCurrencyExchangeRateRemeasurements
0.98 pure
CY2021Q4 ktta Foreign Currency Exchange Rate Remeasurements
ForeignCurrencyExchangeRateRemeasurements
1.132 pure
CY2022Q3 ktta Foreign Currency Exchange Rate Translation
ForeignCurrencyExchangeRateTranslation
1.062 pure
CY2021Q4 ktta Foreign Currency Exchange Rate Translation
ForeignCurrencyExchangeRateTranslation
1.143 pure
us-gaap Class Of Warrant Or Right Expense Or Revenue Recognized
ClassOfWarrantOrRightExpenseOrRevenueRecognized
Each Unit consisted of one share of Common Stock and one Public Warrant. Each redeemable Public Warrant entitles the holder to purchase one share of Common Stock at a price of $6.25 per share, will be exercisable upon issuance and will expire five years from issuance. 
CY2022Q2 us-gaap Lessee Finance Lease Description
LesseeFinanceLeaseDescription
The lease has a 60-month term, and the Company has an option to extend the term for one 5-year renewal period at the prevailing market rate that the landlord is then obtaining from tenants for comparable space in the building. The lease has a base monthly rent of $8,336 per month for the first 12 months, with the base monthly rent increasing by 4% on the first anniversary of the lease commencement date and every 12 months thereafter. In addition to the base monthly rent, commencing on the first anniversary of the lease commencement date, the Company will pay its share of certain direct operating and tax expenses incurred by the landlord in maintaining the building.
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
431000 usd
CY2022Q3 us-gaap General Fair Value Hedge Information Minimum R Square Percentage
GeneralFairValueHedgeInformationMinimumRSquarePercentage
0.078 pure
CY2022Q4 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
15700 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
568972 usd
CY2022Q3 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
7.8 usd
CY2022Q3 us-gaap Excess Stock Shares Authorized
ExcessStockSharesAuthorized
500000000 shares
ktta Description Of Authorized Capital Stock
DescriptionOfAuthorizedCapitalStock
The authorized capital stock is divided into: (i) 495,000,000 shares of common stock having a par value of $0.0001 per share and (ii) 5,000,000 shares of preferred stock having a par value of $0.0001 per share.
CY2021 us-gaap Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
1000000 usd
CY2021 ktta Sale Of Stock Number Of Shares Issued In Transaction1
SaleOfStockNumberOfSharesIssuedInTransaction1
625000 shares
CY2021Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.6
ktta Shares Issued1
SharesIssued1
395625 shares
us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
633000 usd
CY2021Q4 ktta Cash Fee
CashFee
0.09 pure
CY2021Q4 ktta Accountable Expenses
AccountableExpenses
70000 usd
CY2022Q2 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
3260870 shares
CY2022Q2 us-gaap Financial Instrument Subject To Mandatory Redemption Par Value Per Share
FinancialInstrumentSubjectToMandatoryRedemptionParValuePerShare
1.01
CY2021Q4 ktta Shares Per Shares
SharesPerShares
8680000 shares
CY2021Q4 ktta Purchase To Warrants
PurchaseToWarrants
8680000 shares
CY2021Q4 ktta Offering Price Per
OfferingPricePer
3.5
CY2021Q4 ktta Aggregate Gross Proceeds
AggregateGrossProceeds
30380000 usd
CY2021Q4 ktta Underwriter Discounts And Fees
UnderwriterDiscountsAndFees
27000000 usd
ktta Warrants Remain Outstanding
WarrantsRemainOutstanding
8680000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
600000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.81
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
400000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1000000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.68
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
250000 shares
ktta Weightedaverage Exercise Price Per Share Exercisable
WeightedaverageExercisePricePerShareExercisable
5
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P9Y2M19D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
0 usd
CY2022Q3 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
100000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
300000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
30000.00 usd
CY2022Q3 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
400000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0.45
us-gaap Share Based Goods And Nonemployee Services Transaction Valuation Method Risk Free Interest Rate
ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodRiskFreeInterestRate
0.404 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.032 pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
ktta Additionalpaidin Capital And Compensation Expenses
AdditionalpaidinCapitalAndCompensationExpenses
151500 usd
CY2021Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1120000 shares
CY2021Q4 ktta Exercised Price Per Share
ExercisedPricePerShare
6.25
CY2021Q4 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
7000000 usd
ktta Fair Value Of Public Warrants
FairValueOfPublicWarrants
0.148
ktta Fair Value Of Representative Warrants
FairValueOfRepresentativeWarrants
0.152
CY2022Q2 us-gaap Reinsurance Retention Policy Reinsured Risk Percentage
ReinsuranceRetentionPolicyReinsuredRiskPercentage
1 pure
CY2022Q2 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
1000000 shares
CY2022Q2 us-gaap Warrant Exercise Price Increase
WarrantExercisePriceIncrease
1.88
CY2022Q2 us-gaap Average Term Of Credit Risk Derivatives1
AverageTermOfCreditRiskDerivatives1
P5Y
CY2022Q2 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
400000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
77060 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
49380 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets
19551 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
3833453 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
3979444 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
335243 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
335243 usd
CY2022Q3 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
3644201 usd
us-gaap Acquisition Costs
AcquisitionCosts
311065 usd
CY2021Q4 us-gaap Goodwill
Goodwill
usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
usd
CY2022Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2021Q3 us-gaap Revenues
Revenues
usd
us-gaap Revenues
Revenues
usd
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
usd
us-gaap Gross Profit
GrossProfit
usd
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
usd
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24415888 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26548688 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
CY2021Q2 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
usd
CY2022Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
usd
us-gaap Depreciation
Depreciation
usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
ktta Payment Of Offering Costs
PaymentOfOfferingCosts
usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
usd
ktta Lease Liabilities Arising From Obtaining Rightofuse Assets
LeaseLiabilitiesArisingFromObtainingRightofuseAssets
usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
ktta Weightedaverage Exercise Price Per Share Expired
WeightedaverageExercisePricePerShareExpired
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001841330

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