2023 Q2 Form 10-Q Financial Statement
#000149315223016293 Filed on May 11, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $55.00K | ||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.440M | $1.287M | $1.244M |
YoY Change | 27.52% | 3.51% | -18.71% |
% of Gross Profit | |||
Research & Development | $2.515M | $3.106M | $1.888M |
YoY Change | -13.21% | 64.53% | 19.49% |
% of Gross Profit | |||
Depreciation & Amortization | $8.090K | $4.820K | $1.720K |
YoY Change | 213.57% | 180.23% | |
% of Gross Profit | |||
Operating Expenses | $3.956M | $4.394M | $3.132M |
YoY Change | -1.79% | 40.3% | 0.7% |
Operating Profit | -$3.956M | -$4.339M | -$3.132M |
YoY Change | 12.14% | 38.54% | |
Interest Expense | $22.05K | ||
YoY Change | -136.75% | ||
% of Operating Profit | |||
Other Income/Expense, Net | $407.0K | $468.6K | -$378.0K |
YoY Change | -30.25% | -223.97% | 89.0% |
Pretax Income | -$3.549M | -$3.870M | -$3.488M |
YoY Change | 34.84% | 10.97% | 3.49% |
Income Tax | $200.00 | $200.00 | |
% Of Pretax Income | |||
Net Earnings | -$3.549M | -$3.870M | -$3.488M |
YoY Change | 34.84% | 10.97% | 3.49% |
Net Earnings / Revenue | -7036.78% | ||
Basic Earnings Per Share | -$0.68 | -$0.04 | -$0.04 |
Diluted Earnings Per Share | -$0.68 | -$0.04 | -$39.49K |
COMMON SHARES | |||
Basic Shares Outstanding | 88.51M shares | 88.51M shares | 88.31M shares |
Diluted Shares Outstanding | 5.235M shares | 88.51M shares | 88.31M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $25.79M | $28.87M | $42.00M |
YoY Change | -31.03% | -31.26% | -7.39% |
Cash & Equivalents | $5.015M | $4.769M | $5.733M |
Short-Term Investments | $20.78M | $24.10M | $36.27M |
Other Short-Term Assets | $1.270M | $1.706M | $1.378M |
YoY Change | 110.48% | 23.82% | 199.55% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $24.23K | $39.06K | $120.1K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $27.08M | $30.61M | $43.50M |
YoY Change | -28.87% | -29.62% | -5.32% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $122.7K | $130.8K | $32.29K |
YoY Change | 206.62% | 304.99% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | ||
YoY Change | -100.0% | ||
Other Assets | $23.75K | $23.75K | $23.75K |
YoY Change | 0.01% | 0.01% | 18.75% |
Total Long-Term Assets | $3.399M | $3.407M | $4.106M |
YoY Change | -17.38% | -17.02% | -11.51% |
TOTAL ASSETS | |||
Total Short-Term Assets | $27.08M | $30.61M | $43.50M |
Total Long-Term Assets | $3.399M | $3.407M | $4.106M |
Total Assets | $30.48M | $34.02M | $47.60M |
YoY Change | -27.75% | -28.53% | -5.88% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $517.6K | $796.5K | $469.9K |
YoY Change | -36.41% | 69.5% | -16.09% |
Accrued Expenses | $1.310M | $1.134M | $1.568M |
YoY Change | 45.62% | -27.7% | 4.53% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.482M | ||
YoY Change | -55.49% | ||
Total Short-Term Liabilities | $1.827M | $1.930M | $3.520M |
YoY Change | 6.65% | -45.17% | -34.82% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $104.3K | $131.7K | $1.674M |
YoY Change | -82.34% | -92.13% | 23.98% |
Total Long-Term Liabilities | $104.3K | $131.7K | $1.674M |
YoY Change | -82.34% | -92.13% | -40.01% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.827M | $1.930M | $3.520M |
Total Long-Term Liabilities | $104.3K | $131.7K | $1.674M |
Total Liabilities | $1.931M | $2.062M | $5.194M |
YoY Change | -16.16% | -60.3% | -36.58% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$190.8M | -$187.3M | |
YoY Change | |||
Common Stock | $8.852K | $8.852K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $40.71K | $40.71K | |
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $28.55M | $31.96M | $42.41M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $30.48M | $34.02M | $47.60M |
YoY Change | -27.75% | -28.53% | -5.88% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.549M | -$3.870M | -$3.488M |
YoY Change | 34.84% | 10.97% | 3.49% |
Depreciation, Depletion And Amortization | $8.090K | $4.820K | $1.720K |
YoY Change | 213.57% | 180.23% | |
Cash From Operating Activities | -$3.310M | -$3.928M | -$3.885M |
YoY Change | 8.64% | 1.1% | -4.3% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $4.000K | -$26.80K |
YoY Change | -100.0% | -114.93% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $3.560M | $5.559M | $7.322M |
YoY Change | -6.27% | -24.08% | -121.54% |
Cash From Investing Activities | $3.560M | $5.555M | $7.295M |
YoY Change | -6.01% | -23.86% | -121.46% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -5.200K | -$6.016K | -627.4K |
YoY Change | -99.65% | -99.04% | -102.13% |
NET CHANGE | |||
Cash From Operating Activities | -3.310M | -$3.928M | -3.885M |
Cash From Investing Activities | 3.560M | $5.555M | 7.295M |
Cash From Financing Activities | -5.200K | -$6.016K | -627.4K |
Net Change In Cash | 245.5K | $1.621M | 2.783M |
YoY Change | -132.65% | -41.76% | -132.32% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.310M | -$3.928M | -$3.885M |
Capital Expenditures | $0.00 | $4.000K | -$26.80K |
Free Cash Flow | -$3.310M | -$3.932M | -$3.859M |
YoY Change | 9.01% | 1.9% | -4.96% |
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CY2023Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
98134 | usd |
CY2022Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-377988 | usd |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
468603 | usd |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-355941 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3870030 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3487581 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
200 | usd |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
200 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3870230 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3487781 | usd |
CY2023Q1 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
89 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3870319 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3487781 | usd |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88510791 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88309628 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
88510791 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
88309628 | shares |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3870319 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3487781 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
23562 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-49400 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3846757 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3537181 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
45570018 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3487781 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-49400 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
171028 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
205988 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
42409853 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
42409853 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35634940 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35634940 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3870230 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
23562 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
23562 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
177772 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
6016 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31960028 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31960028 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3870230 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3487781 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
4819 | usd |
CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1719 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
177772 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
171028 | usd |
CY2022Q1 | us-gaap |
Accretion Expense
AccretionExpense
|
4674 | usd |
CY2023Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-98134 | usd |
CY2022Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
377989 | usd |
CY2023Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
254215 | usd |
CY2022Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-51282 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-41367 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-127159 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
181412 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-136540 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
196088 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-819455 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
55888 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-448557 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3928057 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3885402 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
26797 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
6441243 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
17906250 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
12000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
25228474 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5554757 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
7295427 | usd |
CY2022Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
833334 | usd |
CY2023Q1 | lpcn |
Proceeds From Repayments Of Costs Associated With Offering
ProceedsFromRepaymentsOfCostsAssociatedWithOffering
|
-6016 | usd |
CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
205988 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-6016 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-627346 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1620684 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2782679 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3148496 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2950552 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4769180 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5733231 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
14855 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
456 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
23562 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-49400 | usd |
CY2022Q1 | lpcn |
Accrued Final Payment Charge On Debt
AccruedFinalPaymentChargeOnDebt
|
4674 | usd |
CY2023Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
89 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
55000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3870230 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3487781 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88510791 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88309628 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3870230 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3487781 | usd |
CY2023Q1 | lpcn |
Dilutive Change In Common Stock Warrants
DilutiveChangeInCommonStockWarrants
|
98134 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-3968364 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-3487781 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88510791 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88309628 | shares |
CY2023Q1 | lpcn |
Weighted Average Effect Of Diluted Shares Outstanding
WeightedAverageEffectOfDilutedSharesOutstanding
|
88510791 | shares |
CY2022Q1 | lpcn |
Weighted Average Effect Of Diluted Shares Outstanding
WeightedAverageEffectOfDilutedSharesOutstanding
|
88309628 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
24097189 | usd |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
14216 | usd |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
10975 | usd |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
24100430 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
29401731 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
4651 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
24972 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
29381410 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y9M18D | |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
24097189 | usd |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
24100430 | usd |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
|
24097189 | usd |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
|
24100430 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
|
0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
|
0 | usd |
CY2023Q1 | us-gaap |
Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
|
0 | usd |
CY2022Q1 | us-gaap |
Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
|
0 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
12000000.0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
25200000 | usd |
CY2023Q1 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
0 | usd |
CY2022Q1 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
0 | usd |
CY2023Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
28454359 | usd |
CY2023Q1 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
28586081 | usd |
CY2022Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
32075844 | usd |
CY2022Q4 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
32305700 | usd |
CY2023Q1 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
2100000 | usd |
CY2022Q1 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
1000000.0 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
268017 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
59559 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
327576 | usd |
CY2023Q1 | us-gaap |
Payments For Rent
PaymentsForRent
|
87000 | usd |
CY2022Q1 | us-gaap |
Payments For Rent
PaymentsForRent
|
84000 | usd |
CY2015Q4 | lpcn |
Class Of Warrants Or Right Redemption Price Of Warrants Or Rights
ClassOfWarrantsOrRightRedemptionPriceOfWarrantsOrRights
|
63.96 | |
CY2023Q1 | lpcn |
Class Of Warrants Or Right Redemption Price Of Warrants Or Rights
ClassOfWarrantsOrRightRedemptionPriceOfWarrantsOrRights
|
0.001 | |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
178000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
171000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
177772 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
171028 | usd |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y10M6D | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y10M6D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0391 | pure |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0141 | pure |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.9761 | pure |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1.0243 | pure |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
940000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4466431 | shares |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y3M10D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.10 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2599610 | shares |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y10M17D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
3.08 | |
CY2022Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
229856 | usd |
CY2023Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-98134 | usd |
CY2023Q1 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
131722 | usd |
CY2019Q4 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
1250000 | usd |