2018 Q3 Form 10-Q Financial Statement
#000114420418059357 Filed on November 13, 2018
Income Statement
Concept | 2018 Q3 | 2017 Q4 | 2017 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.340M | $3.120M | $4.600M |
YoY Change | -70.87% | 212.0% | 318.18% |
% of Gross Profit | |||
Research & Development | $5.316M | $12.61M | $500.0K |
YoY Change | 963.2% | 84.63% | 0.0% |
% of Gross Profit | |||
Depreciation & Amortization | $200.0K | $0.00 | $0.00 |
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $7.656M | $15.73M | $7.084M |
YoY Change | 8.07% | 100.89% | 324.19% |
Operating Profit | -$7.656M | -$15.73M | -$7.084M |
YoY Change | 8.07% | 100.87% | 324.19% |
Interest Expense | $140.0K | $130.0K | $140.0K |
YoY Change | 0.0% | -114.13% | -170.0% |
% of Operating Profit | |||
Other Income/Expense, Net | $138.0K | $129.0K | $144.0K |
YoY Change | -4.17% | -114.07% | -172.0% |
Pretax Income | -$7.520M | -$15.60M | -$6.940M |
YoY Change | 8.36% | 78.29% | 271.12% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$7.518M | -$15.60M | -$6.940M |
YoY Change | 8.33% | 78.34% | 271.12% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$277.0K | -$595.4K | -$265.0K |
COMMON SHARES | |||
Basic Shares Outstanding | |||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q3 | 2017 Q4 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $40.80M | $61.00M | $67.30M |
YoY Change | -39.38% | 121.82% | 506.31% |
Cash & Equivalents | $18.80M | $35.48M | $33.21M |
Short-Term Investments | $22.50M | $26.00M | $34.10M |
Other Short-Term Assets | $900.0K | $300.0K | $400.0K |
YoY Change | 125.0% | ||
Inventory | |||
Prepaid Expenses | $872.0K | $278.0K | $414.0K |
Receivables | |||
Other Receivables | $50.00K | $0.00 | |
Total Short-Term Assets | $41.83M | $61.36M | $67.75M |
YoY Change | -38.26% | 123.14% | 509.34% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.793M | $1.381M | $139.0K |
YoY Change | 4787.05% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $394.0K | $251.0K | |
YoY Change | |||
Total Long-Term Assets | $7.687M | $2.132M | $139.0K |
YoY Change | 5430.22% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $41.83M | $61.36M | $67.75M |
Total Long-Term Assets | $7.687M | $2.132M | $139.0K |
Total Assets | $49.51M | $63.49M | $67.89M |
YoY Change | -27.06% | 130.89% | 510.59% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.100M | $3.600M | $2.800M |
YoY Change | 46.43% | 414.29% | 180.0% |
Accrued Expenses | $300.0K | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $4.052M | $3.611M | $2.800M |
YoY Change | 44.71% | 12.04% | -42.49% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $500.0K | $100.0K | |
YoY Change | |||
Total Long-Term Liabilities | $500.0K | $100.0K | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.052M | $3.611M | $2.800M |
Total Long-Term Liabilities | $500.0K | $100.0K | $0.00 |
Total Liabilities | $4.522M | $3.661M | $2.792M |
YoY Change | 61.96% | 13.59% | -64.21% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$67.30M | -$48.41M | -$32.81M |
YoY Change | 105.14% | 182.76% | 291.87% |
Common Stock | $112.3M | $98.68M | $97.90M |
YoY Change | 14.7% | 166.71% | 737.18% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $44.99M | $59.83M | $65.09M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $49.51M | $63.49M | $67.89M |
YoY Change | -27.06% | 130.89% | 510.59% |
Cashflow Statement
Concept | 2018 Q3 | 2017 Q4 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$7.518M | -$15.60M | -$6.940M |
YoY Change | 8.33% | 78.34% | 271.12% |
Depreciation, Depletion And Amortization | $200.0K | $0.00 | $0.00 |
YoY Change | |||
Cash From Operating Activities | -$3.800M | -$5.170M | -$4.770M |
YoY Change | -20.34% | 128.76% | 736.84% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.150M | -$400.0K | -$20.00K |
YoY Change | 5650.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $11.50M | $7.830M | -$15.85M |
YoY Change | -172.56% | ||
Cash From Investing Activities | $10.35M | $7.440M | -$15.88M |
YoY Change | -165.18% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 0.000 | 70.00K |
YoY Change | -100.0% | -100.0% | -99.4% |
NET CHANGE | |||
Cash From Operating Activities | -3.800M | -5.170M | -4.770M |
Cash From Investing Activities | 10.35M | 7.440M | -15.88M |
Cash From Financing Activities | 0.000 | 0.000 | 70.00K |
Net Change In Cash | 6.550M | 2.270M | -20.58M |
YoY Change | -131.83% | -86.15% | -285.24% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.800M | -$5.170M | -$4.770M |
Capital Expenditures | -$1.150M | -$400.0K | -$20.00K |
Free Cash Flow | -$2.650M | -$4.770M | -$4.750M |
YoY Change | -44.21% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q4 | us-gaap |
Assets
Assets
|
63493000 | USD |
CY2018Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
3777000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
3474000 | USD |
CY2018Q3 | ck0001680048 |
Payables And Accruedexpenses Related Parties Current
PayablesAndAccruedexpensesRelatedPartiesCurrent
|
275000 | USD |
CY2017Q4 | ck0001680048 |
Payables And Accruedexpenses Related Parties Current
PayablesAndAccruedexpensesRelatedPartiesCurrent
|
137000 | USD |
CY2018Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4052000 | USD |
CY2018Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
394000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
251000 | USD |
CY2018Q3 | us-gaap |
Assets
Assets
|
49512000 | USD |
CY2018Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
18296000 | USD |
CY2017Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
34975000 | USD |
CY2018Q3 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
22538000 | USD |
CY2017Q4 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
26002000 | USD |
CY2018Q3 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
69000 | USD |
CY2017Q4 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
106000 | USD |
CY2018Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
872000 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
278000 | USD |
CY2018Q3 | us-gaap |
Assets Current
AssetsCurrent
|
41825000 | USD |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
61361000 | USD |
CY2018Q3 | ck0001680048 |
Property Plant And Equipment Excluding Assets Under Construction
PropertyPlantAndEquipmentExcludingAssetsUnderConstruction
|
6760000 | USD |
CY2017Q4 | ck0001680048 |
Property Plant And Equipment Excluding Assets Under Construction
PropertyPlantAndEquipmentExcludingAssetsUnderConstruction
|
140000 | USD |
CY2018Q3 | ck0001680048 |
Construction In Process Net
ConstructionInProcessNet
|
33000 | USD |
CY2017Q4 | ck0001680048 |
Construction In Process Net
ConstructionInProcessNet
|
1241000 | USD |
CY2018Q3 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
500000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
500000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3611000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
16056000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7656000 | USD |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7084000 | USD |
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Operating Income Loss
OperatingIncomeLoss
|
-19323000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-16056000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7518000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6940000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-18892000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-15687000 | USD | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.28 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.27 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.70 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.63 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8293000 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
7656000 | USD |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
7084000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
19373000 | USD | |
CY2018Q3 | us-gaap |
Accrued Rent Noncurrent
AccruedRentNoncurrent
|
470000 | USD |
CY2017Q4 | us-gaap |
Accrued Rent Noncurrent
AccruedRentNoncurrent
|
50000 | USD |
CY2018Q3 | us-gaap |
Liabilities
Liabilities
|
4522000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
3661000 | USD |
CY2018Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2018Q3 | us-gaap |
Preferred Stock Value
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|
0 | USD |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | USD |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | USD |
CY2018Q3 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
0 | USD |
CY2017Q4 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
9558000 | USD |
CY2018Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
112287000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
98679000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-67300000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-48408000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
44990000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
59832000 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
49512000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
63493000 | USD |
CY2018Q3 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
0 | USD |
CY2017Q3 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
0 | USD |
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Revenue From Related Parties
RevenueFromRelatedParties
|
50000 | USD | |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
0 | USD | |
CY2018Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
5316000 | USD |
CY2017Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
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us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
13165000 | USD | |
us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
5388000 | USD | |
CY2018Q3 | us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
1000000 | USD |
CY2017Q3 | us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
300000 | USD |
us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
1075000 | USD | |
us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
2375000 | USD | |
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
1340000 | USD |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4596000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
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us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2375000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
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|
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us-gaap |
Net Cash Provided By Used In Investing Activities
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|
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us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
320000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
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Weighted Average Number Of Share Outstanding Basic And Diluted
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|
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CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
26186924 | shares |
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Weighted Average Number Of Share Outstanding Basic And Diluted
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|
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Weighted Average Number Of Share Outstanding Basic And Diluted
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|
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ck0001680048 |
Stock Issued During Period Value Issued For Founders Agreement
StockIssuedDuringPeriodValueIssuedForFoundersAgreement
|
0 | USD | |
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Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
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CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
3000000 | shares |
CY2018Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
903000 | USD |
CY2017Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
834000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3869000 | USD | |
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Share Based Compensation
ShareBasedCompensation
|
1230000 | USD | |
ck0001680048 |
Share Issued During Period Valueon Exercise Of Warrants
ShareIssuedDuringPeriodValueonExerciseOfWarrants
|
181000 | USD | |
us-gaap |
Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
1075000 | USD | |
us-gaap |
Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
2375000 | USD | |
ck0001680048 |
Issuance Of Common Stock Founder Agreement Expenses
IssuanceOfCommonStockFounderAgreementExpenses
|
0 | USD | |
ck0001680048 |
Issuance Of Common Stock Founder Agreement Expenses
IssuanceOfCommonStockFounderAgreementExpenses
|
1234000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
737000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
414000 | USD | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
1000 | USD | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
35000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1137000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1923000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
138000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-56000 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
0 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-413000 | USD | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-420000 | USD | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12721000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7781000 | USD | |
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
47500000 | USD | |
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
34088000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
51002000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1075000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
181000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
181000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
49976000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-16679000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
5710000 | USD | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
35475000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
27499000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
18796000 | USD |
CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33209000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
9558000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
4396000 | USD | |
ck0001680048 |
Issuance Of Common Stock For License Expenses
IssuanceOfCommonStockForLicenseExpenses
|
0 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
413000 | USD | |
ck0001680048 |
Issuance Of Common Stock For License Expenses
IssuanceOfCommonStockForLicenseExpenses
|
1682000 | USD | |
us-gaap |
Depreciation
Depreciation
|
320000 | USD | |
us-gaap |
Depreciation
Depreciation
|
0 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
125000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
117000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6566000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
22000 | USD | |
CY2018Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7115000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1383000 | USD |
CY2018Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
322000 | USD |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2000 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6793000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1381000 | USD |
CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
5000000 | shares |
CY2018Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
50000 | USD |
CY2017Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
0 | USD |
CY2018Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2018Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2018Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
26263631 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
25236255 | shares |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
26263631 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
25236255 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
0 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
834756 | shares |
CY2018Q3 | us-gaap |
Interest Income Other
InterestIncomeOther
|
138000 | USD |
CY2017Q3 | us-gaap |
Interest Income Other
InterestIncomeOther
|
144000 | USD |
us-gaap |
Interest Income Other
InterestIncomeOther
|
431000 | USD | |
us-gaap |
Interest Income Other
InterestIncomeOther
|
369000 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
2062000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
50000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
0 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
5674000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: "times new roman", times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates</div></div></div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; text-indent: 0.52in; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company’s unaudited condensed financial statements include certain amounts that are based on management’s best estimates and judgments. The Company’s significant estimates include, but are not limited to, assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Due to the uncertainty inherent in such estimates actual results could differ from those estimates.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2018Q3 | us-gaap |
Depreciation
Depreciation
|
200000 | USD |
CY2017Q3 | us-gaap |
Depreciation
Depreciation
|
0 | USD |
CY2018Q3 | ck0001680048 |
Annual Fees Expenses On Founders Agreement
AnnualFeesExpensesOnFoundersAgreement
|
100000 | USD |
ck0001680048 |
Annual Fees Expenses On Founders Agreement
AnnualFeesExpensesOnFoundersAgreement
|
400000 | USD | |
CY2017Q3 | ck0001680048 |
Annual Fees Expenses On Founders Agreement
AnnualFeesExpensesOnFoundersAgreement
|
100000 | USD |
ck0001680048 |
Annual Fees Expenses On Founders Agreement
AnnualFeesExpensesOnFoundersAgreement
|
400000 | USD | |
ck0001680048 |
Potentially Dilutive Securities
PotentiallyDilutiveSecurities
|
7647873 | shares | |
CY2018Q3 | ck0001680048 |
Maximum Value Of Shares Authorized
MaximumValueOfSharesAuthorized
|
75000000 | USD |
CY2018Q3 | ck0001680048 |
Commission Rate Percentage
CommissionRatePercentage
|
0.030 | pure |
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
230000 | shares | |
ck0001680048 |
Potentially Dilutive Securities
PotentiallyDilutiveSecurities
|
7039109 | shares | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
MUSTANG BIO, INC. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001680048 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
true | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
CY2018Q3 | us-gaap |
Revenue Recognition Milestone Method Revenue Recognized
RevenueRecognitionMilestoneMethodRevenueRecognized
|
13500000 | USD |