2024 Q2 Form 10-Q Financial Statement

#000149315224018800 Filed on May 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $1.000M $1.000M $446.0K
YoY Change 528.93% 124.22% 135.98%
Cost Of Revenue $1.614M $1.656M $1.338M
YoY Change 4.2% 23.77% 262.6%
Gross Profit -$638.0K -$655.0K -$892.0K
YoY Change -54.1% -26.57% 395.56%
Gross Profit Margin -63.8% -65.5% -200.0%
Selling, General & Admin $9.077M $8.264M $10.64M
YoY Change 15.45% -22.32% 15.52%
% of Gross Profit
Research & Development $1.372M $1.501M $2.282M
YoY Change -24.9% -34.22% -20.79%
% of Gross Profit
Depreciation & Amortization $229.0K $501.0K $612.0K
YoY Change -63.82% -18.14% 2450.0%
% of Gross Profit
Operating Expenses $12.17M $11.79M $14.76M
YoY Change 3.62% -20.12% 22.11%
Operating Profit -$11.19M -$10.79M -$14.32M
YoY Change -3.38% -24.62% 16.68%
Interest Expense $6.000K $12.00K $33.00K
YoY Change -97.31% -63.64%
% of Operating Profit
Other Income/Expense, Net $187.0K $180.0K -$1.930M
YoY Change -7.88% -109.33% -193100.0%
Pretax Income -$11.01M -$10.61M -$16.25M
YoY Change -3.3% -34.68% 32.41%
Income Tax
% Of Pretax Income
Net Earnings -$11.01M -$10.61M -$16.25M
YoY Change -3.3% -34.68% 32.41%
Net Earnings / Revenue -1100.5% -1061.2% -3642.83%
Basic Earnings Per Share -$0.23 -$0.40 -$0.40
Diluted Earnings Per Share -$0.23 -$0.40 -$0.40
COMMON SHARES
Basic Shares Outstanding 52.11M shares 48.24M shares 43.39M shares
Diluted Shares Outstanding 48.21M shares 45.01M shares 40.97M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.92M $24.77M $39.52M
YoY Change -23.49% -37.33% -17.52%
Cash & Equivalents $24.92M $24.77M $39.52M
Short-Term Investments
Other Short-Term Assets $2.184M $2.355M $2.172M
YoY Change -30.53% 8.43% -49.77%
Inventory $683.0K $410.0K
Prepaid Expenses
Receivables $160.0K $49.00K $27.00K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $27.95M $27.58M $41.72M
YoY Change -21.82% -33.89% -20.28%
LONG-TERM ASSETS
Property, Plant & Equipment $1.050M $1.242M $1.502M
YoY Change -24.41% -17.31% -54.75%
Goodwill
YoY Change
Intangibles $947.0K $1.052M $2.940M
YoY Change -61.11% -64.22%
Long-Term Investments
YoY Change
Other Assets $1.132M $1.132M $1.078M
YoY Change 5.01% 5.01% 55.11%
Total Long-Term Assets $6.166M $4.465M $7.404M
YoY Change -8.48% -39.69% -23.89%
TOTAL ASSETS
Total Short-Term Assets $27.95M $27.58M $41.72M
Total Long-Term Assets $6.166M $4.465M $7.404M
Total Assets $34.11M $32.05M $49.13M
YoY Change -19.71% -34.76% -20.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $903.0K $969.0K $625.0K
YoY Change 41.76% 55.04% -85.99%
Accrued Expenses $3.611M $3.997M $3.241M
YoY Change -3.42% 23.33% 8.21%
Deferred Revenue
YoY Change
Short-Term Debt $11.47M $15.01M $19.53M
YoY Change -48.6% -23.13% 1003.22%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.98M $19.98M $23.39M
YoY Change -40.11% -14.6% 65.74%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.154M $177.0K $826.0K
YoY Change 194.26% -78.57% -43.23%
Total Long-Term Liabilities $2.154M $177.0K $826.0K
YoY Change 194.26% -78.57% -43.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.98M $19.98M $23.39M
Total Long-Term Liabilities $2.154M $177.0K $826.0K
Total Liabilities $18.13M $20.15M $24.22M
YoY Change -33.85% -16.78% 55.56%
SHAREHOLDERS EQUITY
Retained Earnings -$179.9M -$168.8M -$114.3M
YoY Change 43.08% 47.7%
Common Stock $49.00K $47.00K $42.00K
YoY Change 16.67% 11.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $15.98M $11.89M $24.91M
YoY Change
Total Liabilities & Shareholders Equity $34.11M $32.05M $49.13M
YoY Change -19.71% -34.76% -20.84%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$11.01M -$10.61M -$16.25M
YoY Change -3.3% -34.68% 32.41%
Depreciation, Depletion And Amortization $229.0K $501.0K $612.0K
YoY Change -63.82% -18.14% 2450.0%
Cash From Operating Activities -$11.48M -$12.60M -$7.045M
YoY Change 63.75% 78.85% 21.97%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $37.00K $17.00K
YoY Change -100.0% 117.65% -111.49%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 -$37.00K -$17.00K
YoY Change -100.0% 117.65% -88.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.63M $18.52M $24.11M
YoY Change 15410.67% -23.18% 12793.05%
NET CHANGE
Cash From Operating Activities -11.48M -$12.60M -$7.045M
Cash From Investing Activities 0.000 -$37.00K -$17.00K
Cash From Financing Activities 11.63M $18.52M $24.11M
Net Change In Cash 151.0K $5.873M $17.05M
YoY Change -102.17% -65.55% -397.16%
FREE CASH FLOW
Cash From Operating Activities -$11.48M -$12.60M -$7.045M
Capital Expenditures $0.00 $37.00K $17.00K
Free Cash Flow -$11.48M -$12.64M -$7.062M
YoY Change 63.4% 78.94% 25.48%

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CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
612000 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
743000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2817000 usd
CY2023Q1 LUCD Share Based Compensation Of Parent
ShareBasedCompensationOfParent
391000 usd
CY2024Q1 LUCD Change In Fair Value Senior Secured Convertible Note
ChangeInFairValueSeniorSecuredConvertibleNote
-291000 usd
CY2023Q1 LUCD Change In Fair Value Senior Secured Convertible Note
ChangeInFairValueSeniorSecuredConvertibleNote
789000 usd
CY2023Q1 LUCD Loss On Issue Senior Secured Convertible Note
LossOnIssueSeniorSecuredConvertibleNote
1111000 usd
CY2024Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-167000 usd
CY2023Q1 LUCD Issue Common Stock Settle Termination Payment
IssueCommonStockSettleTerminationPayment
713000 usd
CY2024Q1 LUCD Operating Expenses Settled With Issuance Of Common Stock
OperatingExpensesSettledWithIssuanceOfCommonStock
23000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10000 usd
CY2024Q1 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-345000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
275000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-431000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
743000 usd
CY2023Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
2667000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7120000 usd
CY2023Q1 LUCD Payments Of Purchase Of Equipment
PaymentsOfPurchaseOfEquipment
17000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-37000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
18165000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
13625000 usd
CY2023Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
10000000 usd
CY2023Q1 LUCD Proceeds Issuance Of Common Stock At The Market Facility
ProceedsIssuanceOfCommonStockAtTheMarketFacility
284000 usd
CY2024Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4000 usd
CY2024Q1 LUCD Proceeds From Issuance Of Common Stock One
ProceedsFromIssuanceOfCommonStockOne
353000 usd
CY2023Q1 LUCD Proceeds From Issuance Of Common Stock One
ProceedsFromIssuanceOfCommonStockOne
276000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18522000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24185000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5873000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17048000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18896000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
22474000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
24769000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
39522000 usd
CY2024Q1 us-gaap Revenues
Revenues
1000000.0 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18100000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12600000 usd
CY2024Q1 LUCD Working Capital
WorkingCapital
7600000 usd
CY2024Q1 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
13100000 usd
CY2024Q1 us-gaap Cash
Cash
24800000 usd
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_842_eus-gaap--UseOfEstimates_zzJXjOkzQSId" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zcISmcKsRjE6">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; 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 unaudited condensed 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q1 us-gaap Security Deposit
SecurityDeposit
1732000 usd
CY2023Q4 us-gaap Security Deposit
SecurityDeposit
1981000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2355000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2854000 usd
CY2024Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_841_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zQ5YAlWg7bO4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_z9VDq8lKH7y9">Reclassifications</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1001000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
446000 usd
CY2024Q1 LUCD Operating Cost Of Revenue
OperatingCostOfRevenue
1656000 usd
CY2023Q1 LUCD Operating Cost Of Revenue
OperatingCostOfRevenue
1338000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9339000 usd
CY2024Q1 us-gaap Management Fee Expense
ManagementFeeExpense
2500000 usd
CY2024Q1 LUCD Employee Retention Credit Benefits
EmployeeRetentionCreditBenefits
455000 usd
CY2024Q1 LUCD On Behalf Of Obo Activities
OnBehalfOfOBOActivities
159000 usd
CY2024Q1 LUCD Cash Payments
CashPayments
-5907000 usd
CY2024Q1 LUCD Payment To Related Parties
PaymentToRelatedParties
-4675000 usd
CY2024Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1871000 usd
CY2024Q1 LUCD Prepaid Service Providers And Suppliers
PrepaidServiceProvidersAndSuppliers
228000 usd
CY2023Q4 LUCD Prepaid Service Providers And Suppliers
PrepaidServiceProvidersAndSuppliers
266000 usd
CY2024Q1 us-gaap Prepaid Insurance
PrepaidInsurance
395000 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
607000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
855000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
133000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
69000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
30000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1088000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
50000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1038000 usd
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
305000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
285000 usd
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
125000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y3M10D
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M7D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07875 pure
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07875 pure
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1039000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1307000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1038000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1305000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
861000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1106000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
177000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
199000 usd
CY2024Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3333 shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.31
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
168337 shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.57
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5305000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5305000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4253000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3881000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1052000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1424000 usd
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
372000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
505000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
316000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
421000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
315000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1052000 usd
CY2024Q1 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
13140000 usd
CY2023Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
13950000 usd
CY2024Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
10936000 usd
CY2024Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
13140000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
11019000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
13950000 usd
CY2023Q1 us-gaap Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
0.825 pure
CY2023Q1 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.30
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5504383 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.00
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y6M
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
765000 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3000000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.25
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8332713 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.74
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y9M18D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
195000 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2655413 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
2.29
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P7Y7M6D
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
195000 usd
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
933000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3208000 usd
CY2024Q1 LUCD Fair Value Of Series B Preferred Stock Issued Shares
FairValueOfSeriesBPreferredStockIssuedShares
44285000 shares
CY2024Q1 LUCD Fair Value Of Series B Preferred Stock Issued
FairValueOfSeriesBPreferredStockIssued
44285000 usd
CY2024Q1 LUCD Less Fair Value Related To Newly Issued Series B Preferred Stock Shares
LessFairValueRelatedToNewlyIssuedSeriesBPreferredStockShares
12495000 shares
CY2024Q1 LUCD Less Fair Value Related To Newly Issued Series B Preferred Stock
LessFairValueRelatedToNewlyIssuedSeriesBPreferredStock
12495000 usd
CY2024Q1 LUCD Less Carrying Value Related To Series And Series A1 Preferred Stock Exchanged For Series B Preferred Stock Shares
LessCarryingValueRelatedToSeriesAndSeriesA1PreferredStockExchangedForSeriesBPreferredStockShares
24295000 shares
CY2024Q1 LUCD Less Carrying Value Related To Series And Series A1 Preferred Stock Exchanged For Series B Preferred Stock
LessCarryingValueRelatedToSeriesAndSeriesA1PreferredStockExchangedForSeriesBPreferredStock
24295000 usd
CY2024Q1 LUCD Deemed Dividend Charged To Accumulated Deficit
DeemedDividendChargedToAccumulatedDeficit
7495000 usd
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
46747062 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
42329864 shares
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-10612000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-16247000 usd
CY2024Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
7496000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18108000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16247000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45014410 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45014410 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40970504 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40970504 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.40
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.40
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.40
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.40
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
46217467 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20620408 shares

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