2023 Q4 Form 10-Q Financial Statement

#000149315223040623 Filed on November 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $1.040M $783.0K $76.00K
YoY Change 828.57% 930.26% -62.0%
Cost Of Revenue $1.457M $1.630M $1.626M
YoY Change -9.95% 0.25% 1027.05%
Gross Profit -$417.0K -$850.0K $76.00K
YoY Change -72.31% -1218.42% 36.37%
Gross Profit Margin -40.1% -108.56% 100.0%
Selling, General & Admin $8.613M $8.157M $9.590M
YoY Change -17.78% -14.94% 119.17%
% of Gross Profit 12618.42%
Research & Development $1.918M $1.615M $2.704M
YoY Change -21.46% -40.27% 23.48%
% of Gross Profit 3557.89%
Depreciation & Amortization $629.0K $620.0K $593.0K
YoY Change 2.28% 4.55% 134672.73%
% of Gross Profit 780.26%
Operating Expenses $11.04M $11.91M $14.43M
YoY Change -17.78% -17.43% 119.71%
Operating Profit -$11.45M -$11.13M -$14.35M
YoY Change -23.28% -22.45% 120.42%
Interest Expense $83.00K $149.0K $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net $540.0K -$3.080M
YoY Change
Pretax Income -$10.83M -$14.21M -$14.35M
YoY Change -27.45% -0.98% 106.26%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$10.83M -$14.21M -$14.35M
YoY Change -27.45% -0.98% 106.26%
Net Earnings / Revenue -1041.35% -1814.56% -18880.26%
Basic Earnings Per Share -$0.34 -$0.39
Diluted Earnings Per Share -$0.26 -$0.34 -$394.1K
COMMON SHARES
Basic Shares Outstanding 44.67M shares 43.73M shares 38.57M shares
Diluted Shares Outstanding 41.86M shares 36.41M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.90M $24.05M $26.93M
YoY Change -15.92% -10.71% 126113.68%
Cash & Equivalents $18.90M $24.05M $26.93M
Short-Term Investments
Other Short-Term Assets $2.854M $3.240M $2.882M
YoY Change 53.03% 12.42% 26.23%
Inventory $278.0K
Prepaid Expenses
Receivables $45.00K $21.00K $31.00K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $22.07M $27.30M $29.85M
YoY Change -9.37% -8.52% 1091.73%
LONG-TERM ASSETS
Property, Plant & Equipment $1.334M $1.284M $1.499M
YoY Change -16.21% -14.34%
Goodwill
YoY Change
Intangibles $1.424M $1.929M $3.950M
YoY Change -58.66% -51.16%
Long-Term Investments
YoY Change
Other Assets $1.132M $1.134M $1.078M
YoY Change 2.17% 5.19% 36.14%
Total Long-Term Assets $5.197M $5.941M $8.529M
YoY Change -36.26% -30.34% 977.15%
TOTAL ASSETS
Total Short-Term Assets $22.07M $27.30M $29.85M
Total Long-Term Assets $5.197M $5.941M $8.529M
Total Assets $27.27M $33.24M $38.38M
YoY Change -16.12% -13.37% 1064.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.146M $994.0K $1.102M
YoY Change 8.52% -9.8% -61.2%
Accrued Expenses $4.947M $4.450M $1.988M
YoY Change 167.26% 123.84% 19780.0%
Deferred Revenue
YoY Change
Short-Term Debt $23.29M $24.78M $6.610M
YoY Change 369.54% 274.89% -70.49%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $29.38M $30.22M $9.700M
YoY Change 248.75% 211.59% -64.64%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $199.0K $460.0K $1.143M
YoY Change -80.81% -59.76%
Total Long-Term Liabilities $199.0K $460.0K $1.143M
YoY Change -80.81% -59.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.38M $30.22M $9.700M
Total Long-Term Liabilities $199.0K $460.0K $1.143M
Total Liabilities $29.58M $30.69M $10.84M
YoY Change 212.63% 183.02% -60.47%
SHAREHOLDERS EQUITY
Retained Earnings -$150.7M -$139.9M -$83.15M
YoY Change 53.7% 68.27%
Common Stock $42.00K $42.00K $37.00K
YoY Change 2.44% 13.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.311M $2.556M $27.53M
YoY Change
Total Liabilities & Shareholders Equity $27.27M $33.24M $38.38M
YoY Change -16.12% -13.37% 1064.21%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$10.83M -$14.21M -$14.35M
YoY Change -27.45% -0.98% 106.26%
Depreciation, Depletion And Amortization $629.0K $620.0K $593.0K
YoY Change 2.28% 4.55% 134672.73%
Cash From Operating Activities -$9.977M -$8.780M -$6.346M
YoY Change 134.31% 38.35% 190.8%
INVESTING ACTIVITIES
Capital Expenditures $171.0K $20.00K -$321.0K
YoY Change -15.76% -106.23% 1063.89%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$1.000M
YoY Change -100.0%
Cash From Investing Activities -$171.0K -$20.00K -$1.321M
YoY Change -15.76% -98.49% 4689.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.000M 270.0K 1.922M
YoY Change 499900.0% -85.95%
NET CHANGE
Cash From Operating Activities -9.977M -8.780M -6.346M
Cash From Investing Activities -171.0K -20.00K -1.321M
Cash From Financing Activities 5.000M 270.0K 1.922M
Net Change In Cash -5.148M -8.530M -5.745M
YoY Change 15.43% 48.48% 159.98%
FREE CASH FLOW
Cash From Operating Activities -$9.977M -$8.780M -$6.346M
Capital Expenditures $171.0K $20.00K -$321.0K
Free Cash Flow -$10.15M -$8.800M -$6.025M
YoY Change 127.48% 46.06% 179.63%

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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35767857 shares
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
15071000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1032000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
220000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
166000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
275000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-14208000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2556000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
23047000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5014000 usd
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
845000 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
166000 usd
LUCD Stock Issued During Period Value Asset Acquisitions Termination Payment
StockIssuedDuringPeriodValueAssetAcquisitionsTerminationPayment
713000 usd
LUCD Stock Issued During Period Value At The Market Facility Net Of Deferred Financing Charges
StockIssuedDuringPeriodValueAtTheMarketFacilityNetOfDeferredFinancingCharges
284000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
551000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
13625000 usd
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
147000 usd
us-gaap Net Income Loss
NetIncomeLoss
-41836000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2556000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
36241000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3280000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
291000 usd
CY2022Q3 LUCD Stock Issued During Period Value Asset Acquisitions Installment Payments
StockIssuedDuringPeriodValueAssetAcquisitionsInstallmentPayments
188000 usd
CY2022Q3 LUCD Stock Issued During Period Value Issuance Committed Equity Facility Net Of Deferred Financing Charges
StockIssuedDuringPeriodValueIssuanceCommittedEquityFacilityNetOfDeferredFinancingCharges
1767000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
109000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-14349000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
27533000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
54739000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
54739000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
694000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10371000 usd
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
880000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
211000 usd
LUCD Stock Issued During Period Value Asset Acquisitions Installment Payments
StockIssuedDuringPeriodValueAssetAcquisitionsInstallmentPayments
427000 usd
LUCD Stock Issued During Period Value Issuance Committed Equity Facility Net Of Deferred Financing Charges
StockIssuedDuringPeriodValueIssuanceCommittedEquityFacilityNetOfDeferredFinancingCharges
1767000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
109000 usd
us-gaap Net Income Loss
NetIncomeLoss
-41243000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
27533000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
27533000 usd
us-gaap Net Income Loss
NetIncomeLoss
-41836000 usd
us-gaap Net Income Loss
NetIncomeLoss
-41243000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1870000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1321000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5014000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10371000 usd
LUCD Share Based Compensation Of Parent
ShareBasedCompensationOfParent
845000 usd
LUCD Share Based Compensation Of Parent
ShareBasedCompensationOfParent
880000 usd
LUCD Change In Fair Value Senior Secured Convertible Note
ChangeInFairValueSeniorSecuredConvertibleNote
3520000 usd
LUCD Loss On Issue Senior Secured Convertible Note
LossOnIssueSeniorSecuredConvertibleNote
1111000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-26000 usd
LUCD Issue Common Stock Settle Termination Payment
IssueCommonStockSettleTerminationPayment
713000 usd
LUCD Issue Common Stock Settle Termination Payment
IssueCommonStockSettleTerminationPayment
427000 usd
LUCD Operating Expenses Settled With Issuance Of Common Stock
OperatingExpensesSettledWithIssuanceOfCommonStock
23000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-169000 usd
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
1262000 usd
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-171000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-62000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-388000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1878000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
16000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
5326000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
2849000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-22838000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-25427000 usd
LUCD Payments Of Purchase Of Equipment
PaymentsOfPurchaseOfEquipment
46000 usd
LUCD Payments Of Purchase Of Equipment
PaymentsOfPurchaseOfEquipment
705000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3200000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-46000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3905000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
13625000 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
10000000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1807000 usd
LUCD Proceeds Issue Of Common Stock Atthemarket Facility
ProceedsIssueOfCommonStockAtthemarketFacility
284000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
694000 usd
LUCD Proceeds From Issuance Of Common Stock One
ProceedsFromIssuanceOfCommonStockOne
551000 usd
LUCD Proceeds From Issuance Of Common Stock One
ProceedsFromIssuanceOfCommonStockOne
109000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24460000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2610000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1576000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-26722000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
22474000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
53656000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
24050000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
26934000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84C_eus-gaap--UseOfEstimates_zcdQcY3X83i8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_865_zkiWTnCYRHIb">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; 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; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In preparing the unaudited condensed consolidated financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and the determination of corresponding carrying value reserves, if any, and liabilities and the disclosure of contingent losses, as of the date of the consolidated financial statements, as well as the reported amounts of revenue and expenses during the reporting period. Significant estimates in these unaudited condensed consolidated financial statements include those related to the estimated fair value of debt obligations, stock-based equity awards and intangible assets. Other significant estimates include the estimated incremental borrowing rate, the provision or benefit for income taxes and the corresponding valuation allowance on deferred tax assets. Additionally, management’s assessment of the Company’s ability to continue as a going concern involves the estimation of the amount and timing of future cash inflows and outflows. On an ongoing basis, the Company evaluates its estimates and assumptions. The Company bases its estimates on historical experience and on various other assumptions believed to be reasonable. Due to inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_846_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zg6Ihp32wcCj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zyv2XlPFPpBe">Reclassifications</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; 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; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior-year amounts have been reclassified to conform to the current year presentation, which includes presenting costs of revenue within operating expenses on the statements of operations, in the unaudited condensed consolidated financial statements and accompanying notes to the unaudited condensed consolidated financial statements. The impact of the reclassifications made to prior year amounts is not material and did not affect net loss.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
783000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1388000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
76000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
265000 usd
CY2023Q3 LUCD Operating Cost Of Revenue
OperatingCostOfRevenue
1634000 usd
LUCD Operating Cost Of Revenue
OperatingCostOfRevenue
4522000 usd
CY2022Q3 LUCD Operating Cost Of Revenue
OperatingCostOfRevenue
1626000 usd
LUCD Operating Cost Of Revenue
OperatingCostOfRevenue
1996000 usd
CY2023Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
442000 usd
CY2022Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
350000 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1160000 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1230000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4960000 usd
us-gaap Management Fee Expense
ManagementFeeExpense
6750000 usd
LUCD Employee Retention Credit Payroll And Benefits
EmployeeRetentionCreditPayrollAndBenefits
1382000 usd
LUCD On Behalf Of Obo Activities
OnBehalfOfOboActivities
841000 usd
LUCD Cash Payments
CashPayments
-3647000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10286000 usd
CY2023Q3 LUCD Prepaid Service Providers And Suppliers
PrepaidServiceProvidersAndSuppliers
273000 usd
CY2022Q4 LUCD Prepaid Service Providers And Suppliers
PrepaidServiceProvidersAndSuppliers
371000 usd
CY2023Q3 us-gaap Prepaid Insurance
PrepaidInsurance
44000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
52000 usd
CY2023Q3 us-gaap Security Deposit
SecurityDeposit
2725000 usd
CY2022Q4 us-gaap Security Deposit
SecurityDeposit
1331000 usd
CY2023Q3 LUCD Esocheck Cell Collection Prepaid Supplies
EsocheckCellCollectionPrepaidSupplies
190000 usd
CY2022Q4 LUCD Esocheck Cell Collection Prepaid Supplies
EsocheckCellCollectionPrepaidSupplies
59000 usd
CY2022Q4 LUCD Esoguard Mailer Prepaid Supplies
EsoguardMailerPrepaidSupplies
52000 usd
CY2023Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3232000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1865000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
313000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1161000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
127000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
63000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
24000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1688000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
96000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1592000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1144000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
505000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
894000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
689000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
380000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2567000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y6M29D
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y2M26D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07875 pure
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07875 pure
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1594000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2008000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1592000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1999000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1128000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
962000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
464000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1037000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5305000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5305000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-3376000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-1860000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1929000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3445000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
505000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
505000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1516000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
688000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
421000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
315000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1929000 usd
CY2023Q3 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
14490000 usd
CY2023Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
11019000 usd
CY2023Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
14490000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2565377 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.14
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y3M18D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
428000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2982500 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.32
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
590662 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
2.70
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4957215 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.10
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y7M6D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
347000 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1439442 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
2.77
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P7Y
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
347000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1252000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3571000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5859000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11251000 usd
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2023Q2 LUCD Increase In Common Stock Shares Authorized
IncreaseInCommonStockSharesAuthorized
100000000 shares
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
42329864 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
42329864 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40518792 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
40518792 shares
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-14208000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-14349000 usd
us-gaap Net Income Loss
NetIncomeLoss
-41836000 usd
us-gaap Net Income Loss
NetIncomeLoss
-41243000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41862805 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41862805 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36405945 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36405945 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41558979 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41558979 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35767857 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35767857 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.34
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.15
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20428302 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4724509 shares

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0001493152-23-040623-index.html Edgar Link pending
0001493152-23-040623.txt Edgar Link pending
0001493152-23-040623-xbrl.zip Edgar Link pending
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lucd-20230930_cal.xml Edgar Link unprocessable
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