2022 Q4 Form 10-Q Financial Statement

#000149315222031032 Filed on November 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q4
Revenue $0.00 $16.09M
YoY Change -100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $890.3K $798.9K $1.048M
YoY Change -15.05% -34.63% -54.82%
% of Gross Profit
Research & Development $1.670M $2.100M $2.254M
YoY Change -25.88% -11.24% -9.12%
% of Gross Profit
Depreciation & Amortization $2.570K $2.580K $380.00
YoY Change 576.32%
% of Gross Profit
Operating Expenses $2.561M $2.899M $3.302M
YoY Change -22.44% -19.21% -31.21%
Operating Profit -$2.899M
YoY Change -17.95%
Interest Expense $297.2K -$9.610K
YoY Change -3192.2% -87.99%
% of Operating Profit
Other Income/Expense, Net $34.24K $490.2K -$150.3K
YoY Change -122.78% 2.14% -215.63%
Pretax Income -$2.229M -$2.409M $12.62M
YoY Change -117.66% -21.81% -379.91%
Income Tax $480.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$2.230M -$2.409M $12.62M
YoY Change -117.66% -21.81% -379.91%
Net Earnings / Revenue 78.48%
Basic Earnings Per Share -$0.03
Diluted Earnings Per Share -$0.02 -$0.03 $143.0K
COMMON SHARES
Basic Shares Outstanding 88.51M shares 88.51M shares
Diluted Shares Outstanding 88.77M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.53M $34.26M $44.62M
YoY Change -27.09% -11.4% 126.83%
Cash & Equivalents $3.148M $2.397M $2.951M
Short-Term Investments $29.38M $31.86M $41.67M
Other Short-Term Assets $1.525M $1.814M $1.514M
YoY Change 0.68% 17.51% -73.24%
Inventory
Prepaid Expenses
Receivables $80.43K $40.77K $247.3K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $34.14M $36.11M $46.38M
YoY Change -26.4% -10.54% 83.1%
LONG-TERM ASSETS
Property, Plant & Equipment $131.6K $37.44K $7.210K
YoY Change 1725.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $2.022M
YoY Change -100.0%
Other Assets $23.75K $23.75K $23.75K
YoY Change 0.01% 0.01% 18.75%
Total Long-Term Assets $3.408M $3.314M $6.103M
YoY Change -44.16% 13852.37% 30413.8%
TOTAL ASSETS
Total Short-Term Assets $34.14M $36.11M $46.38M
Total Long-Term Assets $3.408M $3.314M $6.103M
Total Assets $37.54M $39.42M $52.48M
YoY Change -28.47% -2.39% 107.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $600.4K $630.5K $1.289M
YoY Change -53.43% -13.11% -19.42%
Accrued Expenses $1.078M $880.9K $2.016M
YoY Change -46.55% -65.74% 22.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $2.311M
YoY Change -100.0% -100.0% -30.61%
Total Short-Term Liabilities $1.678M $1.511M $5.617M
YoY Change -70.12% -76.51% -14.64%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $229.9K $264.1K $1.296M
YoY Change -82.26% -76.94% 10.75%
Total Long-Term Liabilities $229.9K $264.1K $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.678M $1.511M $5.617M
Total Long-Term Liabilities $229.9K $264.1K $0.00
Total Liabilities $1.908M $1.775M $6.912M
YoY Change -72.4% -76.57% -30.94%
SHAREHOLDERS EQUITY
Retained Earnings -$183.4M -$181.2M -$172.7M
YoY Change 6.23%
Common Stock $8.852K $8.851K $8.829K
YoY Change 0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost) $40.71K $40.71K $40.71K
YoY Change 0.0%
Treasury Stock Shares 5.710K shares 5.710K shares 5.710K shares
Shareholders Equity $35.63M $37.65M $45.57M
YoY Change
Total Liabilities & Shareholders Equity $37.54M $39.42M $52.48M
YoY Change -28.47% -2.39% 107.03%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q4
OPERATING ACTIVITIES
Net Income -$2.230M -$2.409M $12.62M
YoY Change -117.66% -21.81% -379.91%
Depreciation, Depletion And Amortization $2.570K $2.580K $380.00
YoY Change 576.32%
Cash From Operating Activities -$1.839M -$3.198M $8.995M
YoY Change -120.44% -54.19% -344.42%
INVESTING ACTIVITIES
Capital Expenditures $96.73K $0.00 -$7.590K
YoY Change -1374.44%
Acquisitions
YoY Change
Other Investing Activities $2.693M $613.9K -$9.715M
YoY Change -127.72% -55.14% -279.58%
Cash From Investing Activities $2.596M $613.9K -$9.723M
YoY Change -126.7% -55.14% -279.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.900K 50.00 -838.5K
YoY Change -99.3% -100.01% -118.39%
NET CHANGE
Cash From Operating Activities -1.839M -3.198M 8.995M
Cash From Investing Activities 2.596M 613.9K -9.723M
Cash From Financing Activities -5.900K 50.00 -838.5K
Net Change In Cash 751.5K -2.584M -1.567M
YoY Change -147.97% -59.94% -124.91%
FREE CASH FLOW
Cash From Operating Activities -$1.839M -$3.198M $8.995M
Capital Expenditures $96.73K $0.00 -$7.590K
Free Cash Flow -$1.936M -$3.198M $9.002M
YoY Change -121.5%

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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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CY2021Q2 us-gaap Stockholders Equity
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CY2021Q3 us-gaap Net Income Loss
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CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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449311 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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lpcn Common Stock Sold Through Equity Offering
CommonStockSoldThroughEquityOffering
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lpcn Stock Issued During Period Value Warrants Exercises
StockIssuedDuringPeriodValueWarrantsExercises
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lpcn Adjustments To Additional Paid In Capital Settlement Of Warrant Liability On Warrant Exercises
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18365 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
160227 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
5300 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
37648823 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
45570018 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
211423 usd
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Depreciation And Amortization
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Accretion Expense
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us-gaap Accretion Expense
AccretionExpense
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us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
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us-gaap Fair Value Adjustment Of Warrants
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
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us-gaap Increase Decrease In Accrued Interest Receivable Net
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us-gaap Increase Decrease In Accrued Interest Receivable Net
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us-gaap Increase Decrease In Contract With Customer Asset
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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lpcn Litigation Settlement Liability
LitigationSettlementLiability
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lpcn Litigation Settlement Liability
LitigationSettlementLiability
1500000 usd
us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
45302000 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3250000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Repayments Of Debt
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us-gaap Repayments Of Debt
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2500000 usd
lpcn End Of Loan Payment
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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lpcn Proceeds From Repayments Of Costs Associated With Offering
ProceedsFromRepaymentsOfCostsAssociatedWithOffering
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lpcn Proceeds From Repayments Of Costs Associated With Offering
ProceedsFromRepaymentsOfCostsAssociatedWithOffering
3411183 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
211423 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6693 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2950552 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2396960 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4517105 usd
us-gaap Interest Paid Net
InterestPaidNet
21256 usd
us-gaap Interest Paid Net
InterestPaidNet
125670 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
200 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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lpcn Settlement Of Warrant Liability On Warrant Exercises
SettlementOfWarrantLiabilityOnWarrantExercises
18365 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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lpcn Accrued Final Payment Charge On Debt
AccruedFinalPaymentChargeOnDebt
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lpcn Accrued Final Payment Charge On Debt
AccruedFinalPaymentChargeOnDebt
45571 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
500000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-2409165 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-3081297 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
-13258420 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88290650 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88439198 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-2409165 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
-8528723 usd
us-gaap Net Income Loss
NetIncomeLoss
-13258420 usd
CY2022Q3 lpcn Dilutive Common Stock Warrants Attributable To Common Stock
DilutiveCommonStockWarrantsAttributableToCommonStock
326240 usd
CY2021Q3 lpcn Dilutive Common Stock Warrants Attributable To Common Stock
DilutiveCommonStockWarrantsAttributableToCommonStock
479951 usd
lpcn Dilutive Common Stock Warrants Attributable To Common Stock
DilutiveCommonStockWarrantsAttributableToCommonStock
531697 usd
lpcn Dilutive Common Stock Warrants Attributable To Common Stock
DilutiveCommonStockWarrantsAttributableToCommonStock
506208 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2735405 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3561248 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9060420 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-13764628 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88506479 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88290650 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88439198 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86477640 shares
CY2022Q3 lpcn Dilutive Common Stock Warrants Attributable To Common Stock Shares
DilutiveCommonStockWarrantsAttributableToCommonStockShares
265219 shares
CY2021Q3 lpcn Dilutive Common Stock Warrants Attributable To Common Stock Shares
DilutiveCommonStockWarrantsAttributableToCommonStockShares
673249 shares
lpcn Dilutive Common Stock Warrants Attributable To Common Stock Shares
DilutiveCommonStockWarrantsAttributableToCommonStockShares
505842 shares
CY2022Q3 lpcn Weighted Average Effect Of Diluted Shares Outstanding
WeightedAverageEffectOfDilutedSharesOutstanding
88771698 shares
CY2021Q3 lpcn Weighted Average Effect Of Diluted Shares Outstanding
WeightedAverageEffectOfDilutedSharesOutstanding
88963899 shares
lpcn Weighted Average Effect Of Diluted Shares Outstanding
WeightedAverageEffectOfDilutedSharesOutstanding
88945040 shares
lpcn Weighted Average Effect Of Diluted Shares Outstanding
WeightedAverageEffectOfDilutedSharesOutstanding
87197002 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
31935777 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
76935 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
31858842 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
43707221 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
18016 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
43689205 usd
CY2022Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
1400000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
31935777 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
31858842 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
31935777 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
31858842 usd
CY2022Q3 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 usd
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 usd
CY2021Q3 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 usd
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 usd
CY2022Q3 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
0 usd
us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
0 usd
CY2021Q3 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
0 usd
us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
0 usd
CY2022Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
11500000 usd
CY2021Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2800000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
45300000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
3300000 usd
CY2022Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
33721817 usd
CY2022Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
33985916 usd
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
45778956 usd
CY2021Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
46574752 usd
CY2021Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
1800000 usd
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
4600000 usd
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
3400000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
449311 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
85910 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
57273 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
143183 usd
CY2022Q3 us-gaap Payments For Rent
PaymentsForRent
86000 usd
CY2021Q3 us-gaap Payments For Rent
PaymentsForRent
83000 usd
us-gaap Payments For Rent
PaymentsForRent
256000 usd
us-gaap Payments For Rent
PaymentsForRent
248000 usd
CY2019Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.50
CY2015Q4 lpcn Class Of Warrants Or Right Redemption Price Of Warrants Or Rights
ClassOfWarrantsOrRightRedemptionPriceOfWarrantsOrRights
63.96
lpcn Class Of Warrants Or Right Redemption Price Of Warrants Or Rights
ClassOfWarrantsOrRightRedemptionPriceOfWarrantsOrRights
0.001
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
160000 usd
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
155000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
471000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
449000 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
160227 usd
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
154998 usd
us-gaap Share Based Compensation
ShareBasedCompensation
470824 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M10D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0198 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0052 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.0150 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.9552 pure
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
956000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3992937 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M17D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.63
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2663444 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y8M12D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.38
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
795796 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-531697 usd
CY2022Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
264099 usd
CY2019Q4 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
1250000 usd

Files In Submission

Name View Source Status
0001493152-22-031032-index-headers.html Edgar Link pending
0001493152-22-031032-index.html Edgar Link pending
0001493152-22-031032.txt Edgar Link pending
0001493152-22-031032-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
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ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
form10-q_002.jpg Edgar Link pending
form10-q_004.jpg Edgar Link pending
lpcn-20220930.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
lpcn-20220930_cal.xml Edgar Link unprocessable
lpcn-20220930_def.xml Edgar Link unprocessable
lpcn-20220930_pre.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
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report.css Edgar Link pending
Show.js Edgar Link pending
lpcn-20220930_lab.xml Edgar Link unprocessable