2022 Q3 Form 10-Q Financial Statement

#000149315222021955 Filed on August 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $1.063M $1.063M
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.818M $2.861M $2.744M
YoY Change 24.88% 23.93% -12.74%
% of Gross Profit
Research & Development $3.707M $4.127M $4.978M
YoY Change -19.79% 66.34%
% of Gross Profit
Depreciation & Amortization $92.61K $91.26K $75.40K
YoY Change 30.69% 35.8% 6.71%
% of Gross Profit
Operating Expenses $3.707M $4.127M $7.722M
YoY Change -46.11% 66.34%
Operating Profit -$5.463M -$5.925M -$7.722M
YoY Change -20.58% 23.71%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $988.00 $2.866K $9.890K
YoY Change -97.61% -302.54%
Pretax Income -$5.462M -$5.923M -$5.978M
YoY Change -20.11% 23.62% 20.62%
Income Tax
% Of Pretax Income
Net Earnings -$5.462M -$5.923M -$5.978M
YoY Change -20.11% 23.62% 20.62%
Net Earnings / Revenue -514.03% -557.42%
Basic Earnings Per Share -$0.03 -$0.03 -$0.03
Diluted Earnings Per Share -$25.18K -$27.31K -$27.59K
COMMON SHARES
Basic Shares Outstanding 216.9M shares 216.9M shares 216.6M shares
Diluted Shares Outstanding 216.9M shares 216.9M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.05M $38.50M $43.87M
YoY Change -38.6% -35.66% -27.69%
Cash & Equivalents $11.18M $10.40M $19.33M
Short-Term Investments $21.88M $28.10M $24.54M
Other Short-Term Assets $4.048M $3.422M $1.249M
YoY Change 52.68% 212.06% -49.41%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $37.10M $41.92M $45.12M
YoY Change -34.32% -31.2% -28.54%
LONG-TERM ASSETS
Property, Plant & Equipment $2.144M $1.983M $6.112M
YoY Change -63.97% -55.72% 31.13%
Goodwill $1.336M $1.336M
YoY Change
Intangibles $3.017M $3.017M
YoY Change
Long-Term Investments
YoY Change
Other Assets $200.0K $200.0K $200.0K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Assets $10.45M $10.49M $10.67M
YoY Change -0.54% 16.16% 15.75%
TOTAL ASSETS
Total Short-Term Assets $37.10M $41.92M $45.12M
Total Long-Term Assets $10.45M $10.49M $10.67M
Total Assets $47.55M $52.42M $55.78M
YoY Change -29.02% -25.09% -22.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $656.7K $497.2K $1.352M
YoY Change -0.8% 10.37% 220.62%
Accrued Expenses $3.697M $4.294M $1.697M
YoY Change 69.53% 88.83% 7.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.860K $11.51K $17.13K
YoY Change -67.67% -57.16% -41.73%
Total Short-Term Liabilities $4.902M $5.382M $3.768M
YoY Change 19.58% 49.87% 69.65%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Other Long-Term Liabilities $3.684M $3.844M $3.993M
YoY Change -14.02% 23.05% 24.22%
Total Long-Term Liabilities $4.025M $4.185M $3.993M
YoY Change -6.18% 33.49% 23.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.902M $5.382M $3.768M
Total Long-Term Liabilities $4.025M $4.185M $3.993M
Total Liabilities $8.927M $9.567M $8.103M
YoY Change 2.25% 35.37% 39.84%
SHAREHOLDERS EQUITY
Retained Earnings -$149.0M -$143.5M
YoY Change
Common Stock $21.69K $21.69K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $38.62M $42.85M $47.68M
YoY Change
Total Liabilities & Shareholders Equity $47.55M $52.42M $55.78M
YoY Change -29.02% -25.09% -22.9%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$5.462M -$5.923M -$5.978M
YoY Change -20.11% 23.62% 20.62%
Depreciation, Depletion And Amortization $92.61K $91.26K $75.40K
YoY Change 30.69% 35.8% 6.71%
Cash From Operating Activities -$4.969M -$5.132M -$4.756M
YoY Change -13.59% 493.55% 2.25%
INVESTING ACTIVITIES
Capital Expenditures -$250.4K -$55.49K -$544.6K
YoY Change 11.67%
Acquisitions
YoY Change
Other Investing Activities $6.000M -$3.736M $3.506M
YoY Change 1185.1% -148.82% -60.24%
Cash From Investing Activities $5.750M -$3.792M $2.961M
YoY Change 2269.04% -149.54% -66.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.650K -5.630K 92.92K
YoY Change -56.13% -103.12% -98.63%
NET CHANGE
Cash From Operating Activities -4.969M -5.132M -4.756M
Cash From Investing Activities 5.750M -3.792M 2.961M
Cash From Financing Activities -3.650K -5.630K 92.92K
Net Change In Cash 777.3K -8.930M -1.702M
YoY Change -114.09% -228.12% -115.54%
FREE CASH FLOW
Cash From Operating Activities -$4.969M -$5.132M -$4.756M
Capital Expenditures -$250.4K -$55.49K -$544.6K
Free Cash Flow -$4.718M -$5.077M -$4.211M
YoY Change -14.61% -9.46%

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<p id="xdx_803_eus-gaap--NatureOfOperations_z0S8jjZAYa7a" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 1 – <span id="xdx_82D_zbUpVmZ62rS6">Description of Business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Matinas BioPharma Holdings Inc. (“Holdings”) is a Delaware corporation formed in 2013. Holdings is the parent company of Matinas BioPharma, Inc. (“BioPharma”), and Matinas BioPharma Nanotechnologies, Inc. (“Nanotechnologies,” formerly known as Aquarius Biotechnologies, Inc.), its operating subsidiaries (“Nanotechnologies”, and together with “Holdings” and “BioPharma”, “the Company”). The Company is a clinical-stage biopharmaceutical company with a focus on identifying and developing novel pharmaceutical products.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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001-38022
dei Entity Registrant Name
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MATINAS BIOPHARMA HOLDINGS, INC.
dei Entity Incorporation State Country Code
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DE
dei Entity Tax Identification Number
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46-3011414
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1545 Route 206 South
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Suite 302
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Bedminster
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NJ
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07921
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908
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484-8805
dei Security12b Title
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Common Stock
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MTNB
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NYSEAMER
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
16135 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
87289 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17919878 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
21279806 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
30688359 usd
MTNB Unrealized Loss On Securities For Sale
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-608917 usd
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us-gaap Stock Issued1
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3797705 usd
MTNB Unearned Restricted Stock Grants
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27858 usd
MTNB Stock Dividends Issued
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843600 usd
us-gaap Nature Of Operations
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<p id="xdx_803_eus-gaap--NatureOfOperations_z0S8jjZAYa7a" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 1 – <span id="xdx_82D_zbUpVmZ62rS6">Description of Business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Matinas BioPharma Holdings Inc. (“Holdings”) is a Delaware corporation formed in 2013. Holdings is the parent company of Matinas BioPharma, Inc. (“BioPharma”), and Matinas BioPharma Nanotechnologies, Inc. (“Nanotechnologies,” formerly known as Aquarius Biotechnologies, Inc.), its operating subsidiaries (“Nanotechnologies”, and together with “Holdings” and “BioPharma”, “the Company”). The Company is a clinical-stage biopharmaceutical company with a focus on identifying and developing novel pharmaceutical products.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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147000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
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us-gaap Profit Loss
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11900000 usd
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9700000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10400000 usd
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28100000 usd
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300000 usd
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RestrictedCashAndCashEquivalentsAtCarryingValue
250000 usd
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250000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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28737000 usd
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2000 usd
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28592000 usd
CY2022Q2 us-gaap Marketable Securities
MarketableSecurities
28104000 usd
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
28592000 usd
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
28592000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
12000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10399000 usd
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CashAndCashEquivalentsAtCarryingValue
21030000 usd
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CashAndCashEquivalentsAtCarryingValue
30352000 usd
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CashAndCashEquivalentsAtCarryingValue
12432000 usd
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RestrictedCashAndCashEquivalents
250000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
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250000 usd
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
336000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
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336000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10649000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21280000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30688000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12768000 usd
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125000 usd
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MarketableSecuritiesUnrealizedGainLoss
609000 usd
CY2021Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
85000 usd
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
177000 usd
CY2022Q2 MTNB Marketable Securities Accumulated Unrealized Gain
MarketableSecuritiesAccumulatedUnrealizedGain
754000 usd
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MarketableSecuritiesAccumulatedUnrealizedGain
145000 usd
CY2022Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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28858000 usd
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754000 usd
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
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28104000 usd
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AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
15319000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
12785000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
28104000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
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3175000 usd
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PropertyPlantAndEquipmentGross
2575000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1192000 usd
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AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1037000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1983000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
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1538000 usd
CY2022Q2 us-gaap Depreciation And Amortization
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86000 usd
us-gaap Depreciation And Amortization
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155000 usd
CY2021Q2 us-gaap Depreciation And Amortization
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59000 usd
us-gaap Depreciation And Amortization
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117000 usd
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974000 usd
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1343000 usd
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AccruedGeneralAndAdministrativeExpensesCurrent
404000 usd
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AccruedGeneralAndAdministrativeExpensesCurrent
195000 usd
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AccruedResearchAndDevelopmentExpensesCurrent
376000 usd
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381000 usd
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4294000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2851000 usd
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
Some leases include purchase, termination or extension options for one or more years. These options are included in the lease term when it is reasonably certain that the option will be exercised
CY2022Q2 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P12M
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
226000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
452000 usd
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
204000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
407000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
139000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
275000 usd
CY2021Q2 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
116000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
242000 usd
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000 usd
CY2021Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6000 usd
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
9000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
21000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
450000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
10000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
922000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
962000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1004000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1046000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1046000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1112000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5496000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
12000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1073000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
4423000 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
12000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y7M6D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y8M12D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.078 pure
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.073 pure
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
883000 usd
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
22000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
922000 usd
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
962000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1004000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1046000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1112000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5929000 usd
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
24000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1250000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4679000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
24000 usd
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y10M24D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.078 pure
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.078 pure
MTNB Accumulated Other Comprehensive Lossgain Net Unrealized Loss On Securities Availableforsale
AccumulatedOtherComprehensiveLossgainNetUnrealizedLossOnSecuritiesAvailableforsale
-177000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-177000 usd
MTNB Accumulated Other Comprehensive Income Loss Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAdjustmentNetOfTax
-177000 usd
CY2021Q2 MTNB Net Unrealized Gains Losses On Availableforsale Securities
NetUnrealizedGainsLossesOnAvailableforsaleSecurities
51000 usd
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
51000 usd
MTNB Sale Of Net Operating Losses
SaleOfNetOperatingLosses
1700000 usd
MTNB Sale Of Net Operating Losses
SaleOfNetOperatingLosses
1300000 usd
CY2022Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
988000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1328000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
320000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
20000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
988000 shares
CY2022Q2 MTNB Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsWeightedAverageExercisePrice
0.56
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AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28717000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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23488000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28717000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23488000 shares
CY2021Q4 MTNB Net Unrealized Gains Losses On Availableforsale Securities
NetUnrealizedGainsLossesOnAvailableforsaleSecurities
-145000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-145000 usd
MTNB Net Unrealized Gains Losses On Availableforsale Securities Net Unrealized Loss On Securities Availableforsale
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-609000 usd
MTNB Accumulated Other Comprehensive Lossgain Net Unrealized Loss On Securities Availableforsale
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-609000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-609000 usd
MTNB Accumulated Other Comprehensive Income Loss Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAdjustmentNetOfTax
-609000 usd
CY2022Q2 MTNB Net Unrealized Gains Losses On Availableforsale Securities
NetUnrealizedGainsLossesOnAvailableforsaleSecurities
-754000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-754000 usd
CY2020Q4 MTNB Net Unrealized Gains Losses On Availableforsale Securities
NetUnrealizedGainsLossesOnAvailableforsaleSecurities
228000 usd
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
228000 usd
MTNB Net Unrealized Gains Losses On Availableforsale Securities Net Unrealized Loss On Securities Availableforsale
NetUnrealizedGainsLossesOnAvailableforsaleSecuritiesNetUnrealizedLossOnSecuritiesAvailableforsale
-177000 usd
CY2022Q1 MTNB Increased Shares Of Common Stock Outstanding
IncreasedSharesOfCommonStockOutstanding
8651000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
0.04 pure
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1215000 usd
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1056000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2475000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2157000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
9300000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
28184000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
260000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
195000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
154000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
366000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
27729000 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
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0 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
8000 shares
CY2021Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
28000 usd
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
57000 usd
MTNB Commercial Fees
CommercialFees
7700000 usd

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