2024 Q4 Form 10-Q Financial Statement
#000143774924034236 Filed on November 08, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $0.00 | |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $2.172M | |
YoY Change | -17.73% | |
% of Gross Profit | ||
Research & Development | $4.932M | |
YoY Change | 50.37% | |
% of Gross Profit | ||
Depreciation & Amortization | $31.00K | |
YoY Change | -3.13% | |
% of Gross Profit | ||
Operating Expenses | $7.135M | |
YoY Change | 19.98% | |
Operating Profit | -$7.135M | |
YoY Change | 19.98% | |
Interest Expense | $102.0K | |
YoY Change | -68.52% | |
% of Operating Profit | ||
Other Income/Expense, Net | $9.000K | |
YoY Change | -30.77% | |
Pretax Income | -$10.59M | |
YoY Change | 88.81% | |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$10.59M | |
YoY Change | 88.84% | |
Net Earnings / Revenue | ||
Basic Earnings Per Share | -$2.85 | |
Diluted Earnings Per Share | -$2.85 | |
COMMON SHARES | ||
Basic Shares Outstanding | 3.002M | 2.562M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $9.405M | |
YoY Change | -61.74% | |
Cash & Equivalents | $9.405M | |
Short-Term Investments | ||
Other Short-Term Assets | $2.201M | |
YoY Change | -27.12% | |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $11.61M | |
YoY Change | -57.95% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $190.0K | |
YoY Change | -15.56% | |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $11.79M | |
YoY Change | -1.11% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $11.61M | |
Total Long-Term Assets | $11.79M | |
Total Assets | $23.39M | |
YoY Change | -40.81% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.550M | |
YoY Change | 26.99% | |
Accrued Expenses | $3.043M | |
YoY Change | 61.86% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $5.593M | |
YoY Change | 43.85% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | $10.32M | |
YoY Change | 1964.4% | |
Total Long-Term Liabilities | $10.32M | |
YoY Change | 1964.4% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $5.593M | |
Total Long-Term Liabilities | $10.32M | |
Total Liabilities | $15.92M | |
YoY Change | 262.94% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$151.5M | |
YoY Change | 24.9% | |
Common Stock | $159.0M | |
YoY Change | 1.59% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $7.479M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $23.39M | |
YoY Change | -40.81% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$10.59M | |
YoY Change | 88.84% | |
Depreciation, Depletion And Amortization | $31.00K | |
YoY Change | -3.13% | |
Cash From Operating Activities | -$6.113M | |
YoY Change | -19.03% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | |
YoY Change | -100.0% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | $0.00 | |
YoY Change | -100.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 4.659M | |
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | -6.113M | |
Cash From Investing Activities | 0.000 | |
Cash From Financing Activities | 4.659M | |
Net Change In Cash | -1.454M | |
YoY Change | -80.79% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$6.113M | |
Capital Expenditures | $0.00 | |
Free Cash Flow | -$6.113M | |
YoY Change | -19.25% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Registrant Name
EntityRegistrantName
|
Moleculin Biotech, Inc. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001659617 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
CY2024Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2024Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3001895 | |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3001895 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
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Common Stock Shares Outstanding
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2227516 | |
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Number Of Core Drug Technologies
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|
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Number Of Operating Segments
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1 | pure |
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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0 | usd |
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Income Tax Expense Benefit
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0 | usd | |
us-gaap |
Income Tax Expense Benefit
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|
0 | usd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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0 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure | |
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Sublease Income
SubleaseIncome
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Sublease Income
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Rule10b51 Arr Adopted Flag
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Non Rule10b51 Arr Adopted Flag
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Rule10b51 Arr Trmntd Flag
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dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
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true | ||
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Document Period End Date
DocumentPeriodEndDate
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2024-09-30 | ||
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Document Transition Report
DocumentTransitionReport
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Entity File Number
EntityFileNumber
|
001-37758 | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
47-4671997 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
5300 Memorial Drive, Suite 950 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Houston | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
77007 | ||
dei |
City Area Code
CityAreaCode
|
713 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
300-5160 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Filer Category
EntityFilerCategory
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Non-accelerated Filer | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
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dei |
Entity Shell Company
EntityShellCompany
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dei |
Security12b Title
Security12bTitle
|
Common Stock, par value $0.001 per share | ||
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Trading Symbol
TradingSymbol
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MBRX | ||
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Security Exchange Name
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NASDAQ | ||
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Entity Common Stock Shares Outstanding
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3001895 | |
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Cash And Cash Equivalents At Carrying Value
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Prepaid Expense And Other Assets Current
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Property Plant And Equipment Net
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Property Plant And Equipment Net
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Intangible Assets Net Including Goodwill
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Intangible Assets Net Including Goodwill
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Preferred Stock Value
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Aoci Before Tax Attributable To Parent
AociBeforeTaxAttributableToParent
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Aoci Before Tax Attributable To Parent
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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Retained Earnings Accumulated Deficit
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Stockholders Equity
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Depreciation Depletion And Amortization
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Operating Income Loss
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Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
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Fair Value Adjustment Of Warrants
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Fair Value Adjustment Of Warrants
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Fair Value Adjustment Of Warrants
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Warrant Liabilities Transaction Costs
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mbrx |
Loss On Issuance Of Warrant Liabilities
LossOnIssuanceOfWarrantLiabilities
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OtherNonoperatingIncomeExpense
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Interest Income Expense Nonoperating Net
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Earnings Per Share Basic
EarningsPerShareBasic
|
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Earnings Per Share Basic
EarningsPerShareBasic
|
-2.82 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.83 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-9.94 | ||
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3714278 | |
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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2910842 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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1961327 | ||
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Net Income Loss
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|
14000 | usd |
CY2023Q3 | us-gaap |
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-10000 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
13000 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-15000 | usd | |
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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|
-5619000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-19868000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-19515000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-19881000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-19500000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
95000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
92000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1299000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1505000 | usd | |
mbrx |
Common Stock Issued For Licence Rights Under License Agreement
CommonStockIssuedForLicenceRightsUnderLicenseAgreement
|
0 | usd | |
mbrx |
Common Stock Issued For Licence Rights Under License Agreement
CommonStockIssuedForLicenceRightsUnderLicenseAgreement
|
772000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1423000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-76000 | usd | |
mbrx |
Loss On Issuance Of Warrant Liabilities
LossOnIssuanceOfWarrantLiabilities
|
-847000 | usd | |
mbrx |
Loss On Issuance Of Warrant Liabilities
LossOnIssuanceOfWarrantLiabilities
|
-0 | usd | |
mbrx |
Operating Lease Noncash Expense Net
OperatingLeaseNoncashExpenseNet
|
106000 | usd | |
mbrx |
Operating Lease Noncash Expense Net
OperatingLeaseNoncashExpenseNet
|
105000 | usd | |
mbrx |
Transaction Costs Warrant Liabilities
TransactionCostsWarrantLiabilities
|
-993000 | usd | |
mbrx |
Transaction Costs Warrant Liabilities
TransactionCostsWarrantLiabilities
|
-0 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-522000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
573000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
52000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-87000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1389000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-932000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-18779000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-18694000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
13000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
43000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-43000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
26000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
25000 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
4660000 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
211000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4634000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
186000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-15000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-14145000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-18566000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23550000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
43145000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9405000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24579000 | usd |
mbrx |
Non Cash Transaction Costs Related To Warrant Liabilities
NonCashTransactionCostsRelatedToWarrantLiabilities
|
156000 | usd | |
mbrx |
Non Cash Transaction Costs Related To Warrant Liabilities
NonCashTransactionCostsRelatedToWarrantLiabilities
|
0 | usd | |
mbrx |
Offering Costs Incurred Noncash Or Partial Noncash
OfferingCostsIncurredNoncashOrPartialNoncash
|
42000 | usd | |
mbrx |
Offering Costs Incurred Noncash Or Partial Noncash
OfferingCostsIncurredNoncashOrPartialNoncash
|
0 | usd | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
26073000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
37000 | usd |
CY2024Q1 | mbrx |
Stock Issued During Period Value Reverse Stock Splits
StockIssuedDuringPeriodValueReverseStockSplits
|
0 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
456000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4970000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-9000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21587000 | usd |
CY2024Q2 | mbrx |
Stock Issued During Period Value Warrant Exercises
StockIssuedDuringPeriodValueWarrantExercises
|
1000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-25000 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
453000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4319000 | usd |
CY2024Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
8000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17705000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-1000 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
353000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10592000 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
14000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7479000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
52191000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
141000 | usd |
CY2023Q1 | mbrx |
Stock Issued During Period Value License Rights
StockIssuedDuringPeriodValueLicenseRights
|
772000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
499000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7915000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-4000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
45684000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
69000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-21000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
513000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5976000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-1000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
40268000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-4000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
493000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5609000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-10000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35138000 | usd |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b><em style="font: inherit;">1.</em> Nature of Business </b></p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;"> </p> <p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">The terms “MBI” or “the Company”, “we”, “our” and “us” are used herein to refer to Moleculin Biotech, Inc. MBI is a clinical-stage pharmaceutical company, organized as a Delaware corporation in <em style="font: inherit;"> July 2015, </em>with clinical programs for hard-to-treat cancers and viruses. The Company has <span style="-sec-ix-hidden:c120171698">three</span> core technologies, each of which have had <em style="font: inherit;">one</em> or more drugs successfully complete a Phase <em style="font: inherit;">1</em> clinical trial, based substantially on discoveries made at and licensed from MD Anderson Cancer Center (MD Anderson) in Houston, Texas. In <em style="font: inherit;"> July 2024 </em>the Company’s lead program Annamycin completed a Phase <em style="font: inherit;">2</em> trial and has held it End-of-Phase <em style="font: inherit;">1/2</em> meeting with the Food and Drug Administration in the US and in <em style="font: inherit;"> August 2024 </em>announced the preparations for a Phase <em style="font: inherit;">3</em> trial. The Company has <em style="font: inherit;">two</em> wholly owned subsidiaries, Moleculin Australia Pty. Ltd., which was set up to perform certain preclinical development and Moleculin Amsterdam B.V., which acts as its legal representative for clinical trials in Europe. The Company utilizes its own internal resources and funds to conduct some of these trials and also has trials being conducted via physician-sponsored trials. The physician-sponsored trials utilize primarily external funds, such as grant funds, which are <em style="font: inherit;">not</em> presented in these financial statements. The Company does <em style="font: inherit;">not</em> have manufacturing facilities, and all manufacturing activities are contracted out to <em style="font: inherit;">third</em> parties. Additionally, the Company does <em style="font: inherit;">not</em> have a sales organization. The Company’s overall strategy is to seek potential outlicensing or outsourcing opportunities with development/commercialization strategic partners who are better suited for the marketing, sales and distribution of its drugs, if approved.</p> <p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">In <em style="font: inherit;">2019,</em> the Company sublicensed its technologies to Animal Life Sciences, Inc. (ALI), to enable research and commercialization for non-human use and share development data. As part of this agreement, ALI issued to the Company a 10% equity interest in ALI. </p> <p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;"> </p> <p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> May 5, 2023, </em>the Company received a letter from the Nasdaq Capital Market (Nasdaq) notifying the Company that for the prior <em style="font: inherit;">30</em> consecutive business days the bid price for the Company's common stock had closed below the minimum $1.00 per share requirement for continued inclusion on Nasdaq pursuant to Nasdaq Listing Rule <em style="font: inherit;">5550</em>(a)(<em style="font: inherit;">2</em>) (Bid Price Rule). The deficiency letter did <em style="font: inherit;">not</em> result in the immediate delisting of the Company's common stock from the Nasdaq. In accordance with Nasdaq Listing Rule <em style="font: inherit;">5810</em>(c)(<em style="font: inherit;">3</em>)(A), the Company was provided an initial period of <em style="font: inherit;">180</em> calendar days, until <em style="font: inherit;"> November 1, 2023, </em>to regain compliance with the Bid Price Rule. On <em style="font: inherit;"> November 2, </em><em style="font: inherit;">2023,</em> the Company received a 180-calendar day extension, until <em style="font: inherit;"> April 29, 2024, </em>from the Nasdaq to regain compliance with Bid Price Rule. On <em style="font: inherit;"> March 5, 2024, </em>the Board of Directors approved a reverse <em style="font: inherit;">1</em>-for-15 reverse stock split effective <em style="font: inherit;">11:59</em> P.M. (Eastern time) on <em style="font: inherit;"> March 21, 2024, </em>with trading to commence on a split-adjusted basis on <em style="font: inherit;"> March 22, 2024. </em>On <em style="font: inherit;"> April 8, 2024, </em>the Company received a letter from Nasdaq notifying the Company that it had regained compliance with Bid Price Rule <em style="font: inherit;">5550</em>(a)(<em style="font: inherit;">2</em>) as a result of the closing bid price of the Company's common stock being at $1.00 per share or greater for the <em style="font: inherit;">10</em> consecutive business days from <em style="font: inherit;"> March 22, 2024 </em>through <em style="font: inherit;"> April 5, 2024. </em>Accordingly, the Company is in compliance with the Bid Price Rule and Nasdaq considers the matter closed.</p> | ||
CY2023Q2 | mbrx |
Nasdaq Compliance Minimum Closing Bid Price Per Share
NASDAQComplianceMinimumClosingBidPricePerShare
|
1 | |
mbrx |
Nasdaq Compliance Extension Period
NASDAQComplianceExtensionPeriod
|
P180D | ||
CY2023Q2 | mbrx |
Nasdaq Compliance Minimum Closing Bid Price Per Share
NASDAQComplianceMinimumClosingBidPricePerShare
|
1 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;"><b>Use of Estimates -</b> The preparation of these condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates. Management considers many factors in selecting appropriate financial accounting policies and controls, and in developing the estimates and assumptions that are used in the preparation of these financial statements. Management must apply significant judgment in this process. In addition, other factors <em style="font: inherit;"> may </em>affect estimates, including expected business and operational changes, sensitivity and volatility associated with the assumptions used in developing estimates, and whether historical trends are expected to be representative of future trends. The estimation process often <em style="font: inherit;"> may </em>yield a range of potentially reasonable estimates of the ultimate future outcomes and management must select an amount that falls within that range of reasonable estimates. This process <em style="font: inherit;"> may </em>result in actual results differing materially from those estimated amounts used in the preparation of financial statements. Estimates are used in the following areas, among others: fair value estimates on intangible assets, warrants, and stock-based compensation expense, as well as accrued expenses and taxes. </p> <p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"> </p> | ||
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-151500000 | usd |
CY2024Q3 | us-gaap |
Cash
Cash
|
9400000 | usd |
CY2024Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4800000 | |
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
600000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2700000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
500000 | ||
CY2024Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1512000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
765000 | usd |
CY2024Q3 | mbrx |
Accrued Research And Development Current
AccruedResearchAndDevelopmentCurrent
|
894000 | usd |
CY2023Q4 | mbrx |
Accrued Research And Development Current
AccruedResearchAndDevelopmentCurrent
|
2845000 | usd |
CY2024Q3 | mbrx |
Accrued Legal Regulatory Professional And Other Current
AccruedLegalRegulatoryProfessionalAndOtherCurrent
|
431000 | usd |
CY2023Q4 | mbrx |
Accrued Legal Regulatory Professional And Other Current
AccruedLegalRegulatoryProfessionalAndOtherCurrent
|
547000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
116000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
100000 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
3043000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4317000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
6834 | |
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
20485 | ||
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
353000 | usd |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
493000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1299000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1505000 | usd | |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2024Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
37000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
34000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
112000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
99000 | usd | |
CY2024Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
7000 | usd |
CY2023Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
5000 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
17000 | usd | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
19000 | usd | |
CY2024Q3 | us-gaap |
Lease Cost
LeaseCost
|
44000 | usd |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
39000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
129000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
118000 | usd | |
CY2023Q3 | mbrx |
Operating Lease Monthly Rent Payment
OperatingLeaseMonthlyRentPayment
|
4700 | usd |
CY2023Q3 | mbrx |
Operating Lease Rent Expense Annual Increase In Rent Percent
OperatingLeaseRentExpenseAnnualIncreaseInRentPercent
|
0.02 | pure |
CY2024Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
12000 | usd |
us-gaap |
Sublease Income
SubleaseIncome
|
37000 | usd | |
CY2024Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
39000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
34000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
107000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
109000 | usd | |
CY2024Q3 | mbrx |
License Agreements Expense
LicenseAgreementsExpense
|
767000 | usd |
CY2023Q3 | mbrx |
License Agreements Expense
LicenseAgreementsExpense
|
221000 | usd |
mbrx |
License Agreements Expense
LicenseAgreementsExpense
|
1300000 | usd | |
mbrx |
License Agreements Expense
LicenseAgreementsExpense
|
552000 | usd |