2022 Q4 Form 10-K Financial Statement
#000141057822002878 Filed on October 13, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q2 | 2022 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $660.0K | $621.2K | $2.329M |
YoY Change | 0.11% | 26.74% | -11.44% |
% of Gross Profit | |||
Research & Development | $1.171M | $1.172M | $5.785M |
YoY Change | -7.18% | -26.04% | -5.39% |
% of Gross Profit | |||
Depreciation & Amortization | $184.9K | $188.0K | $715.1K |
YoY Change | 5.44% | 6.69% | 1.49% |
% of Gross Profit | |||
Operating Expenses | $1.834M | $1.793M | $8.114M |
YoY Change | -4.51% | -13.57% | -7.21% |
Operating Profit | -$1.834M | -$8.114M | |
YoY Change | -4.51% | -7.21% | |
Interest Expense | $94.00 | $12.79K | $5.123K |
YoY Change | -96.43% | 820.14% | -106.74% |
% of Operating Profit | |||
Other Income/Expense, Net | $88.86K | $6.736K | |
YoY Change | -16024.73% | -108.63% | |
Pretax Income | -$1.745M | -$1.780M | -$8.107M |
YoY Change | -9.16% | -14.13% | -8.11% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$1.745M | -$1.780M | -$8.100M |
YoY Change | -9.16% | -14.13% | -8.19% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.15 | -$0.70 | |
Diluted Earnings Per Share | -$0.15 | -$154.0K | -$0.70 |
COMMON SHARES | |||
Basic Shares Outstanding | 11.59M | 11.55M | 11.53M |
Diluted Shares Outstanding | 11.61M | 11.53M |
Balance Sheet
Concept | 2022 Q4 | 2022 Q2 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $11.45M | $14.07M | $14.07M |
YoY Change | -33.96% | -31.44% | -31.44% |
Cash & Equivalents | $11.45M | $14.10M | $14.07M |
Short-Term Investments | |||
Other Short-Term Assets | $104.6K | $350.0K | $350.0K |
YoY Change | -41.69% | 13.98% | 13.98% |
Inventory | |||
Prepaid Expenses | $104.5K | $350.0K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $11.55M | $14.42M | $14.42M |
YoY Change | -34.04% | -30.77% | -30.77% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $8.418M | $8.694M | $8.694M |
YoY Change | -5.89% | -4.3% | -4.3% |
Goodwill | |||
YoY Change | |||
Intangibles | $337.7K | $341.8K | |
YoY Change | -2.39% | -2.36% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $26.51K | $42.44K | $42.44K |
YoY Change | 653.13% | 1105.68% | 1105.68% |
Total Long-Term Assets | $8.782M | $9.078M | $9.078M |
YoY Change | -5.51% | -3.81% | -3.81% |
TOTAL ASSETS | |||
Total Short-Term Assets | $11.55M | $14.42M | $14.42M |
Total Long-Term Assets | $8.782M | $9.078M | $9.078M |
Total Assets | $20.33M | $23.49M | $23.49M |
YoY Change | -24.15% | -22.36% | -22.36% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $412.7K | $272.4K | $272.4K |
YoY Change | 28.92% | 17.62% | 17.62% |
Accrued Expenses | $51.88K | $45.69K | $45.69K |
YoY Change | 114.75% | 88.15% | 88.1% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $94.79K | $94.79K |
YoY Change | -0.55% | -0.55% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $464.6K | $412.8K | $412.8K |
YoY Change | 34.94% | 17.57% | 17.57% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $464.6K | $412.8K | $412.8K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $464.6K | $412.8K | $412.8K |
YoY Change | 34.94% | 17.57% | 17.57% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$125.8M | -$122.5M | |
YoY Change | 5.72% | 7.09% | |
Common Stock | $11.63K | $11.59K | |
YoY Change | 0.87% | 0.67% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $19.87M | $23.08M | $23.08M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $20.33M | $23.49M | $23.49M |
YoY Change | -24.15% | -22.36% | -22.36% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q2 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.745M | -$1.780M | -$8.100M |
YoY Change | -9.16% | -14.13% | -8.19% |
Depreciation, Depletion And Amortization | $184.9K | $188.0K | $715.1K |
YoY Change | 5.44% | 6.69% | 1.49% |
Cash From Operating Activities | -$1.401M | -$1.398M | -$5.900M |
YoY Change | -33.76% | -37.26% | -28.17% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $45.34K | -$75.36K | $324.3K |
YoY Change | -124.46% | -10.96% | -235.85% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$45.34K | -$75.36K | -$324.4K |
YoY Change | -75.54% | -10.96% | 35.85% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -23.84K | -32.71K | -234.7K |
YoY Change | -61.15% | -53.6% | -101.54% |
NET CHANGE | |||
Cash From Operating Activities | -1.401M | -1.398M | -5.900M |
Cash From Investing Activities | -45.34K | -75.36K | -324.4K |
Cash From Financing Activities | -23.84K | -32.71K | -234.7K |
Net Change In Cash | -1.470M | -1.506M | -6.135M |
YoY Change | -37.75% | -36.81% | -190.11% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.401M | -$1.398M | -$5.900M |
Capital Expenditures | $45.34K | -$75.36K | $324.3K |
Free Cash Flow | -$1.446M | -$1.322M | -$6.224M |
YoY Change | -25.04% | -38.3% | -21.95% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2022 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
SHELTON | |
CY2022Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2021Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001379006 | |
CY2022 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2022 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Trading Symbol
TradingSymbol
|
NNVC | |
CY2022 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11534698 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10900955 | |
CY2022 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | |
CY2022 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
CT | |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11592173 | |
CY2021Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11515170 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.70 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.81 | |
CY2022 | dei |
Document Type
DocumentType
|
10-K | |
CY2022 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2022 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-06-30 | |
CY2022 | dei |
Entity File Number
EntityFileNumber
|
001-36081 | |
CY2022 | dei |
Entity Registrant Name
EntityRegistrantName
|
NANOVIRICIDES, INC. | |
CY2022 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
76-0674577 | |
CY2022 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
1 CONTROLS DRIVE | |
CY2022 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
06484 | |
CY2022 | dei |
City Area Code
CityAreaCode
|
203 | |
CY2022 | dei |
Local Phone Number
LocalPhoneNumber
|
937-6137 | |
CY2022 | dei |
Security12b Title
Security12bTitle
|
COMMON STOCK, PAR VALUE $0.001 PER SHARE | |
CY2022 | dei |
Security Exchange Name
SecurityExchangeName
|
NYSE | |
CY2022 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2022 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2022 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2022 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2022 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2022 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2022 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2022Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
11592000 | |
CY2021Q4 | dei |
Entity Public Float
EntityPublicFloat
|
40756000 | |
CY2022 | dei |
Auditor Firm
AuditorFirmId
|
274 | |
CY2022 | dei |
Auditor Name
AuditorName
|
EISNERAMPER LLP | |
CY2022 | dei |
Auditor Location
AuditorLocation
|
Iselin, New Jersey | |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14066359 | |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
20516677 | |
CY2022Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
350021 | |
CY2021Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
307102 | |
CY2022Q2 | us-gaap |
Assets Current
AssetsCurrent
|
14416380 | |
CY2021Q2 | us-gaap |
Assets Current
AssetsCurrent
|
20823779 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14658014 | |
CY2021Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14333666 | |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5963820 | |
CY2021Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5248765 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8694194 | |
CY2021Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
9084901 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
458954 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
458954 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
117106 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
108836 | |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
341848 | |
CY2021Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
350118 | |
CY2022Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
3515 | |
CY2021Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
3515 | |
CY2022Q2 | nnvc |
Service Agreements
ServiceAgreements
|
38925 | |
CY2021Q2 | nnvc |
Service Agreements
ServiceAgreements
|
0 | |
CY2022Q2 | us-gaap |
Other Assets
OtherAssets
|
42440 | |
CY2021Q2 | us-gaap |
Other Assets
OtherAssets
|
3515 | |
CY2022Q2 | us-gaap |
Assets
Assets
|
23494862 | |
CY2021Q2 | us-gaap |
Assets
Assets
|
30262313 | |
CY2022Q2 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
57960 | |
CY2021Q2 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
200016 | |
CY2022Q2 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
214397 | |
CY2021Q2 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
31539 | |
CY2022Q2 | us-gaap |
Loans Payable
LoansPayable
|
94788 | |
CY2021Q2 | us-gaap |
Loans Payable
LoansPayable
|
95306 | |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
45692 | |
CY2021Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
24285 | |
CY2022Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
412837 | |
CY2021Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
351146 | |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11592173 | |
CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11515170 | |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
11592 | |
CY2021Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
11515 | |
CY2022Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
145562124 | |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
144284593 | |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-122492176 | |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-114385313 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23082025 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29911167 | |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
23494862 | |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
30262313 | |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5784862 | |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6114541 | |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2328737 | |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2629565 | |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
8113599 | |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
8744106 | |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8113599 | |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8744106 | |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
11859 | |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
9348 | |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
5123 | |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
85405 | |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-2026 | |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
6736 | |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-78083 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8106863 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8822189 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8106863 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8822189 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.70 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.81 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11534698 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10900955 | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21757962 | |
CY2021 | nnvc |
Series Preferred Shares Issued During Period Employee Stock Compensation Value Issued
SeriesPreferredSharesIssuedDuringPeriodEmployeeStockCompensationValueIssued
|
226306 | |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
16563697 | |
CY2021 | nnvc |
Stock Issued During July Value Issued For Share Based Compensation Consulting And Legal Service One
StockIssuedDuringJulyValueIssuedForShareBasedCompensationConsultingAndLegalServiceOne
|
108000 | |
CY2021 | nnvc |
Stock Issued During Shares Issued For Share Based Compensation Consulting And Legal Services
StockIssuedDuringSharesIssuedForShareBasedCompensationConsultingAndLegalServices
|
6103 | |
CY2021 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
15038 | |
CY2021 | nnvc |
Stock Issued For Payment Of Director Fees Value
StockIssuedForPaymentOfDirectorFeesValue
|
56250 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8822189 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29911167 | |
CY2022 | nnvc |
Series Preferred Shares Issued During Period Employee Stock Compensation Value Issued
SeriesPreferredSharesIssuedDuringPeriodEmployeeStockCompensationValueIssued
|
135400 | |
CY2022 | nnvc |
Series Preferred Shares Value Issued During Period For License Agreement
SeriesPreferredSharesValueIssuedDuringPeriodForLicenseAgreement
|
935088 | |
CY2022 | nnvc |
Stock Issued During July Value Issued For Share Based Compensation Consulting And Legal Service One
StockIssuedDuringJulyValueIssuedForShareBasedCompensationConsultingAndLegalServiceOne
|
108000 | |
CY2022 | nnvc |
Stock Issued During Shares Issued For Share Based Compensation Consulting And Legal Services
StockIssuedDuringSharesIssuedForShareBasedCompensationConsultingAndLegalServices
|
4215 | |
CY2022 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
6768 | |
CY2022 | nnvc |
Stock Issued For Payment Of Director Fees Value
StockIssuedForPaymentOfDirectorFeesValue
|
52500 | |
CY2022 | nnvc |
Common Stock Value Issued For Professional Service
CommonStockValueIssuedForProfessionalService
|
35750 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8106863 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23082025 | |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-8106863 | |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-8822189 | |
CY2022 | nnvc |
Preferred Shares Issued As Compensation
PreferredSharesIssuedAsCompensation
|
135400 | |
CY2021 | nnvc |
Preferred Shares Issued As Compensation
PreferredSharesIssuedAsCompensation
|
226306 | |
CY2022 | nnvc |
Preferred Shares Issued For License Agreement
PreferredSharesIssuedForLicenseAgreement
|
935088 | |
CY2021 | nnvc |
Preferred Shares Issued For License Agreement
PreferredSharesIssuedForLicenseAgreement
|
0 | |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
203018 | |
CY2021 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
179288 | |
CY2022 | us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
4215 | |
CY2021 | us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
6103 | |
CY2022 | us-gaap |
Depreciation
Depreciation
|
715055 | |
CY2021 | us-gaap |
Depreciation
Depreciation
|
696268 | |
CY2022 | nnvc |
Amortization Of Loan Origination Fees
AmortizationOfLoanOriginationFees
|
0 | |
CY2021 | nnvc |
Amortization Of Loan Origination Fees
AmortizationOfLoanOriginationFees
|
18013 | |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
8270 | |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
8270 | |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-2026 | |
CY2022 | nnvc |
Written Off Financing Costs Classified As Operating Activities
WrittenOffFinancingCostsClassifiedAsOperatingActivities
|
0 | |
CY2021 | nnvc |
Written Off Financing Costs Classified As Operating Activities
WrittenOffFinancingCostsClassifiedAsOperatingActivities
|
12190 | |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-191279 | |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-205436 | |
CY2022 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
38925 | |
CY2021 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-10158 | |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-142056 | |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-180711 | |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
182858 | |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
-530041 | |
CY2022 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
21407 | |
CY2021 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-44953 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5891254 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8213836 | |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
324348 | |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
238765 | |
CY2022 | nnvc |
Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
|
0 | |
CY2021 | nnvc |
Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
|
16563697 | |
CY2022 | nnvc |
Payment Of Note Payable Related Party
PaymentOfNotePayableRelatedParty
|
0 | |
CY2021 | nnvc |
Payment Of Note Payable Related Party
PaymentOfNotePayableRelatedParty
|
1100000 | |
CY2022 | nnvc |
Payment Of Loans Payable
PaymentOfLoansPayable
|
234716 | |
CY2021 | nnvc |
Payment Of Loans Payable
PaymentOfLoansPayable
|
203013 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-234716 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
15260684 | |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-6450318 | |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
6808083 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
20516677 | |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13708594 | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14066359 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
20516677 | |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
5123 | |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
4858 | |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | |
CY2022 | nnvc |
Directors And Officers Insurance Financed Through Loan
DirectorsAndOfficersInsuranceFinancedThroughLoan
|
234198 | |
CY2021 | nnvc |
Directors And Officers Insurance Financed Through Loan
DirectorsAndOfficersInsuranceFinancedThroughLoan
|
235476 | |
CY2022 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;line-height:1.19;margin:0pt 0pt 12pt 0pt;">Note 1 – Organization and Nature of Business</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">NanoViricides, Inc. (the “Company”) is a nano-biopharmaceutical research and development company specializing in the discovery, development, and commercialization of drugs to combat viral infections using its unique and novel nanomedicines technology. NanoViricides is also unique in the bio-pharma field in that it possesses its own state of the art facilities for the design, synthesis, analysis and characterization of the nanomedicines that we develop, as well as for production scale-up, and c-GMP-like production in quantities needed for human clinical trials, where our design, development, and production work is performed. The biological studies such as the effectiveness, safety, bio-distribution and Pharmacokinetics/Pharmacodynamics on our drug candidates are performed by external collaborators and contract organizations.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">The Company has several drugs in various stages of early development. COVID-19 has become our lead drug program due to the necessity of responding to the pandemic. The Company has a clinical lead candidate NV-CoV-2 for the treatment of SARS-CoV-2 infection (COVID-19 disease) that has shown excellent effectiveness and safety in pre-clinical studies. IND-enabling studies of NV-CoV-2 have been completed. The Company is working on IND writing and engaging a Clinical Trials Clinical Research Organization in pursuit of Phase I/II human clinical trials of this drug. The Company is also working on performing clinical trials of this drug outside the USA. The Company began development of a drug to treat COVID-19 patients just as the cases of the novel disease were being reported from China. The Company cannot provide a timeline at this point because of external dependencies in the filing of regulatory applications, their approval(s) and beginning of clinical trials. As of June 30, 2022, there is only one antiviral drug (remdesivir) approved, and two non-antibody antiviral drugs (Paxlovid, Pfizer and Molnupiravir, Merck) given Emergency Use Authorization (EUA) by the FDA. Several of previously approved antibody therapies have lost efficacy and their EUAs have been revoked, as the virus mutated and new variants came in the field, as previously predicted by the Company. The antibodies that remain under EUA are expected to lose effectiveness as the virus continues to mutate and new escape variants take over. All of these drug approvals are restricted to specific population subsets, and there is no drug that is generally approved for treatment of COVID-19, particularly for patients with no co-morbidities and not at risk of hospitalization (https://www.fda.gov/drugs/emergency-preparedness-drugs/coronavirus-covid-19-drugs). In addition, there are at least three vaccines licensed in the USA and several more are in use internationally. Internationally, virus variants have continued to emerge with resistance to drugs and vaccines. Scientists believe it is only a matter of time before escape variants against existing antibodies and vaccines, including the newly introduced Omicron/Original Strain bi-valent vaccines, and therapeutics become commonplace. Thus there is an unmet need that the Company’s broad-spectrum, pan-coronavirus drug NV-CoV-2 is expected to fulfill for therapeutics that the virus would not escape by mutations. Additionally, specific populations such as immune-compromised persons, HIV-positive persons, and others would require therapeutics even if they are fully vaccinated, as the weak immune system in these populations limits the ability of vaccines to protect from COVID-19 infection and disease. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">In response to the recent Monkeypox virus (MPXV) epidemic, the Company has begun a limited drug development program to treat MPXV patients. At present, while it appears that this epidemic is quieting down, experts expect that this virus will become endemic in the Western world, as it is in the African subcontinent (https://www.cdc.gov/poxvirus/monkeypox/cases-data/technical-report/report-3.html#dynamics). A vaccine against smallpox appears to have substantial effectiveness in protecting vaccinated persons from MPXV infection. The only currently available drug, tecovirimat, approved for smallpox, has a low escape barrier for virus mutations, and has other limitations on its use. Thus there remains an urgent need for broad-spectrum drugs that can treat MPXV, smallpox, and other poxviruses.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">Additionally, in response to the ongoing pediatric “acute flaccid myelitis” (AFM, a disease that can lead to paralysis) cases that appear to be on an uptick, the Company has initiated a limited broad-spectrum drug development program for the treatment of Enterovirus D68 (EV68), the cause of AFM, and potentially other enteroviruses including the poliovirus. Cases of polio have begun to emerge in the United States. Apparently due to loss of “herd immunity” as the poliovirus immunizations in childhood have dropped, the cases are caused by what is believed to a be a revertant of the attenuated strain of poliovirus that is used for vaccination in certain underdeveloped countries.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">The Company intends to run both MPXV and EVD68 programs by initially evaluating the Company’s existing drug candidate library for effectiveness. If effective existing drug candidates are found, the Company intends to undertake additional work as well as seek additional financing, preferably via non-dilutive funding sources.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">The Company plans on re-engaging our other lead antiviral program against herpes viruses, i.e. the HerpeCide<sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">™</sup> program, as soon as it becomes feasible to conduct the corresponding antiviral human clinical studies. In the HerpeCide program alone, the Company has drug candidates against at least five indications at different stages of development. Of these, the Company is advancing the shingles drug candidate towards human clinical trials. The IND-enabling Safety/Toxicology studies required for doing so have been completed and the Company was in the process of preparing an IND application for this drug candidate when the SRAS-CoV-2 virus struck, whereupon we pivoted our efforts to respond to the threat of what has now become the COVID-19 pandemic. In addition, the Company’s drug candidates against HSV-1 “cold sores” and HSV-2 “genital herpes” are in advanced studies and are expected to follow the shingles drug candidate into human clinical trials. Shingles in adults and chicken pox in children is caused by the same virus, namely VZV (Varicella-zoster virus, aka HHV-3 or human herpesvirus-3). There are estimated to be approximately 120,000-150,000 annual chickenpox cases in the USA in the post-vaccination-era, i.e. since childhood vaccination with the live attenuated varicella virus Oka strain has become standard. In addition, the Company has drugs in development against all influenzas in our FluCide<sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">™</sup> program, as well as drug candidates against HIV/AIDS, Dengue, Ebola/Marburg, and other viruses.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt;">The Company’s drugs are based on several patents, patent applications, provisional patent applications, and other proprietary intellectual property held by TheraCour Pharma, Inc. (“TheraCour”), to which the Company has broad, exclusive licenses. The first license agreement the Company executed with TheraCour on September 1, 2005 (“Exclusive License Agreement”), gave the Company an exclusive, worldwide license for the treatment of the following human viral diseases: Human Immunodeficiency Virus (HIV/AIDS), Hepatitis B Virus (HBV), Hepatitis C Virus (HCV), Herpes Simplex Virus (HSV), Influenza and Asian Bird Flu Virus. On February 15, 2010, the Company executed an Additional Agreement (“Additional License Agreement”) with TheraCour. Pursuant to the Additional License Agreement, the Company was granted exclusive licenses for technologies, developed by TheraCour, for the development of drug candidates for the treatment of Dengue viruses, Ebola/Marburg viruses, Japanese Encephalitis, viruses causing viral Conjunctivitis (a disease of the eye) and Ocular Herpes. In addition, on November 1, 2019, the Company entered into a world-wide, exclusive, sub-licensable, license (“VZV License Agreement”) to use, promote, offer for sale, import, export, sell and distribute drugs that treat VZV infections, using TheraCour’s proprietary as well as patented technology and intellectual property. The discovery of ligands and polymer materials as well as formulations, the chemistry and chemical characterization, as well as process development and related work will be performed by TheraCour under the same compensation terms as prior agreements between the parties, with no duplication of costs allowed. Upon commercialization, NanoViricides will pay 15% of net sales to TheraCour, as defined in the agreement. The Company was not required to make any upfront payments to TheraCour and agreed to the following milestone payments to TheraCour; the issuance of 75,000 shares of the Company’s Series A preferred stock upon the grant of an IND Application; $1,500,000 in cash upon completion of Phase I Clinical Trials; $2,500,000 in cash upon completion of Phase II clinical trials; and $5,000,000 in cash upon completion of Phase III clinical trials.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt;">On September 9, 2021, the Company entered into a world-wide, exclusive, sub-licensable, license (“Covid-19 License Agreement”) to use, promote, offer for sale, import, export, sell and distribute drugs that treat COVID-19 infections, using TheraCour’s proprietary as well as patented technology and intellectual property. The discovery of ligands and polymer materials as well as formulations, the chemistry and chemical characterization, as well as process development and related work will be performed by TheraCour under the same compensation terms as prior agreements between the parties, with no duplication of costs allowed. Upon commercialization, NanoViricides will pay 15% of net sales to TheraCour, as defined in the agreement. The Company was not required to make any upfront cash payments to TheraCour and agreed to the following milestone payments to TheraCour: (i) the issuance of 100,000 shares of the Company’s Series A preferred stock within 30 days upon execution of this agreement; (ii) the issuance of 50,000 shares of the Company’s Series A preferred stock upon the approval of the Company’s IND Application or its equivalent by a competent regulatory authority; (iii) $1,500,000 upon initiation of Phase I clinical trials, or its equivalent, for at least one licensed product within-the field on, or before, three (3) months from the date of the authority’s acceptance of the IND, or its equivalent; (iv) $2,000,000 in cash upon completion of Phase 1 clinical trials; (v) $2,500,000 in cash upon completion of Phase IIA clinical trials, or, its equivalent; (vi) the issuance of 100,000 shares of the Company’s Series A preferred stock upon the initiation of Phase 3 clinical trials, or, its equivalent, for at least one licensed product within the field; and (vii) $5,000,000 in cash, or 500,000 shares of the Company’s Series A preferred stock upon completion of Phase III clinical trials, or its equivalent. Upon commercialization, NanoViricides will pay 15% of net sales to TheraCour, as defined in the agreement. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt;">At present the Company does not hold a license for monkeypox therapeutics. As with the Company’s standard policy, if the exploratory work commissioned by the Company leads to potentially effective candidates, and if the Company chooses to further engage in commercial development of the same, then the Company will perform the activities required to obtain such a license. TheraCour has not denied any licenses to NanoViricides to date. </p> | |
CY2019Q4 | nnvc |
Stock Issued During Period Value New Issues Cash Upon Completion Of Phase1 Clinical Trials
StockIssuedDuringPeriodValueNewIssuesCashUponCompletionOfPhase1ClinicalTrials
|
1500000 | |
CY2019Q4 | nnvc |
Stock Issued During Period Value New Issues Cash Upon Completion Of Phase2 Clinical Trials
StockIssuedDuringPeriodValueNewIssuesCashUponCompletionOfPhase2ClinicalTrials
|
2500000 | |
CY2019Q4 | nnvc |
Stock Issued During Period Value New Issues Cash Upon Completion Of Phase3 Clinical Trials
StockIssuedDuringPeriodValueNewIssuesCashUponCompletionOfPhase3ClinicalTrials
|
5000000 | |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-122500000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8100000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5900000 | |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14100000 | |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9146 | |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
14416 | |
CY2022Q2 | us-gaap |
Land
Land
|
260000 | |
CY2021Q2 | us-gaap |
Land
Land
|
260000 | |
CY2022Q2 | nnvc |
Office Equipment Gross
OfficeEquipmentGross
|
57781 | |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;line-height:1.19;margin:0pt 0pt 12pt 0pt;"><i style="text-decoration-line:underline;text-decoration-style:solid;">Use of Estimates</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances. The amounts of assets and liabilities reported in the Company’s balance sheet and the amounts of expenses reported for each of the periods presented are affected by estimates and assumptions, which are used for but not limited to, accounting for share-based compensation and accounting for income taxes. Actual results could differ from those estimates.</p> | |
CY2021Q2 | nnvc |
Office Equipment Gross
OfficeEquipmentGross
|
57781 | |
CY2022Q2 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
5607 | |
CY2021Q2 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
5607 | |
CY2022Q2 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
6185210 | |
CY2021Q2 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
5989807 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14658014 | |
CY2021Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14333666 | |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5963820 | |
CY2021Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5248765 | |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2022 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
1258 | |
CY2021 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
0 | |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;line-height:1.19;margin:0pt 0pt 12pt 0pt;"><i style="text-decoration-line:underline;text-decoration-style:solid;">Concentrations of Risk</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">Financial instruments that potentially subject us to a significant concentration of credit risk consist primarily of cash and cash equivalents. The Company maintains deposits in FDIC or SIPC insured institutions in excess of federally insured limits under the FDIC. The Company does not believe it is exposed to significant credit risk due to the financial position of the depository institutions in which those deposits are held.</p> | |
CY2022Q2 | nnvc |
Debt Instrument Interest Payable Escrowed
DebtInstrumentInterestPayableEscrowed
|
132000 | |
CY2022 | nnvc |
Interest Expense Which Reduced Interest Escrow Deposit Retained By Lender Amount
InterestExpenseWhichReducedInterestEscrowDepositRetainedByLenderAmount
|
0 | |
CY2021 | nnvc |
Interest Expense Which Reduced Interest Escrow Deposit Retained By Lender Amount
InterestExpenseWhichReducedInterestEscrowDepositRetainedByLenderAmount
|
62773 | |
CY2022 | nnvc |
Interest Expense Which Reduced Interest Escrow Deposit Included In Prepaid Expenses
InterestExpenseWhichReducedInterestEscrowDepositIncludedInPrepaidExpenses
|
0 | |
CY2022Q2 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
8149416 | |
CY2021Q2 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
8020471 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8694194 | |
CY2021Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
9084901 | |
CY2022 | us-gaap |
Depreciation
Depreciation
|
715055 | |
CY2021 | us-gaap |
Depreciation
Depreciation
|
696268 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
458954 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
458954 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
117106 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
108836 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
341848 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
350118 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
8271 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
8271 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
8271 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
8271 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
8271 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
300493 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
341848 | |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
38676 | |
CY2021Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
24285 | |
CY2022Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
7016 | |
CY2021Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
0 | |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
45692 | |
CY2021Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
24285 | |
CY2022Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
234198 | |
CY2021Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
235476 | |
CY2022Q1 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
23932 | |
CY2021Q1 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
24062 | |
CY2022Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0474 | |
CY2021Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0474 | |
CY2022Q2 | us-gaap |
Loans Payable
LoansPayable
|
94788 | |
CY2021Q2 | us-gaap |
Loans Payable
LoansPayable
|
95306 | |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
5123 | |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
4858 | |
CY2020Q3 | nnvc |
Gross Proceeds Offering
GrossProceedsOffering
|
11499997 | |
CY2020Q3 | nnvc |
Offering Costs
OfferingCosts
|
1057781 | |
CY2020Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10442216 | |
CY2021Q1 | nnvc |
Gross Proceeds Offering
GrossProceedsOffering
|
6374211 | |
CY2021Q1 | nnvc |
Offering Costs
OfferingCosts
|
252730 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
6121481 | |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
0 | |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | |
CY2021 | nnvc |
Percentage Of Us Federal Income Tax Rate
PercentageOfUsFederalIncomeTaxRate
|
0.21 | |
CY2020 | nnvc |
Percentage Of Us Federal Income Tax Rate
PercentageOfUsFederalIncomeTaxRate
|
0.21 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2100 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2100 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
|
0.0890 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
|
0.0062 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.0593 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.0593 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
|
0 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
|
0 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.0273 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.1530 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.2631 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
27127620 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
26676579 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
7774567 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
7053228 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1604592 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1536892 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
36506779 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
35266699 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
36506779 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
35266699 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
36506779 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
35266699 | |
CY2021 | nnvc |
Operating Loss That Can Be Carried Forward Indefinitely
OperatingLossThatCanBeCarriedForwardIndefinitely
|
16100000 | |
CY2022 | nnvc |
Operating Loss That Can Be Carried Forward Indefinitely
OperatingLossThatCanBeCarriedForwardIndefinitely
|
16100000 | |
CY2018Q1 | nnvc |
Net Operating Losses Incurred In Income Tax Payable Net
NetOperatingLossesIncurredInIncomeTaxPayableNet
|
0.80 | |
CY2022 | nnvc |
Employment Agreement Term
EmploymentAgreementTerm
|
P3Y |