2018 Q4 Form 10-Q Financial Statement

#000114420418060568 Filed on November 16, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $412.0K $453.0K $148.0K
YoY Change 1273.33% 206.08% -6.92%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $27.02M $5.476M $4.560M
YoY Change 472.35% 20.09% -0.44%
% of Gross Profit
Research & Development $18.15M $4.296M $9.721M
YoY Change 48964.86% -55.81% -53.92%
% of Gross Profit
Depreciation & Amortization $228.0K $341.0K $41.00K
YoY Change -24.0% 731.71% -25.45%
% of Gross Profit
Operating Expenses $45.17M $4.296M $9.721M
YoY Change 121978.38% -55.81% -53.92%
Operating Profit -$9.319M -$14.13M
YoY Change -34.06% -44.61%
Interest Expense $5.602M $1.596M $1.193M
YoY Change -180.37% 33.78% 72.65%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00 -$2.300M
YoY Change -100.0% 57.53%
Pretax Income -$35.79M $12.58M -$23.27M
YoY Change 32.57% -154.05% -20.39%
Income Tax
% Of Pretax Income
Net Earnings -$35.79M $12.58M -$23.27M
YoY Change 32.57% -154.05% -20.38%
Net Earnings / Revenue -8687.86% 2776.6% -15723.65%
Basic Earnings Per Share $0.02 -$0.08
Diluted Earnings Per Share -$81.35K $0.02 -$0.08
COMMON SHARES
Basic Shares Outstanding 513.4M shares 461.0M shares 281.5M shares
Diluted Shares Outstanding 516.3M shares 281.5M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.22M $248.0K $1.050M
YoY Change 18420.0% -76.38% 31.25%
Cash & Equivalents $22.22M $248.0K $1.051M
Short-Term Investments
Other Short-Term Assets $1.574M $870.0K $1.080M
YoY Change 22.02% -19.44% -27.03%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $23.80M $1.118M $2.130M
YoY Change 1597.43% -47.51% -6.17%
LONG-TERM ASSETS
Property, Plant & Equipment $108.0K $45.15M $47.51M
YoY Change -99.77% -4.97% 2.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $761.0K $67.00K $110.0K
YoY Change 4376.47% -39.09% -8.33%
Total Long-Term Assets $869.0K $45.22M $47.62M
YoY Change -98.17% -5.05% 2.04%
TOTAL ASSETS
Total Short-Term Assets $23.80M $1.118M $2.130M
Total Long-Term Assets $869.0K $45.22M $47.62M
Total Assets $24.67M $46.33M $49.75M
YoY Change -49.56% -6.87% 1.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.09M $25.71M $44.95M
YoY Change 9.21% -42.81% 78.51%
Accrued Expenses $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $65.00K $0.00
YoY Change
Long-Term Debt Due $14.81M $0.00 $11.54M
YoY Change -24.43% -100.0% -45.28%
Total Short-Term Liabilities $69.84M $77.28M $81.13M
YoY Change -20.35% -4.75% 50.35%
LONG-TERM LIABILITIES
Long-Term Debt $1.986M $16.20M $11.45M
YoY Change -76.69% 41.46%
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $1.986M $16.20M $11.45M
YoY Change -76.68% 41.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $69.84M $77.28M $81.13M
Total Long-Term Liabilities $1.986M $16.20M $11.45M
Total Liabilities $71.83M $93.47M $92.58M
YoY Change -25.34% 0.96% 71.57%
SHAREHOLDERS EQUITY
Retained Earnings -$824.4M
YoY Change 4.54%
Common Stock $776.3M $771.2M
YoY Change 7.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$48.13M -$47.14M -$42.83M
YoY Change
Total Liabilities & Shareholders Equity $24.67M $46.33M $49.75M
YoY Change -49.56% -6.87% 1.66%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income -$35.79M $12.58M -$23.27M
YoY Change 32.57% -154.05% -20.38%
Depreciation, Depletion And Amortization $228.0K $341.0K $41.00K
YoY Change -24.0% 731.71% -25.45%
Cash From Operating Activities -$14.18M -$4.048M -$5.720M
YoY Change -4.2% -29.23% -41.39%
INVESTING ACTIVITIES
Capital Expenditures -$193.0K $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $45.60M $0.00 $0.00
YoY Change
Cash From Investing Activities $45.40M $0.00 $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 -10.82M 2.062M 8.100M
YoY Change -175.72% -74.54% 5.47%
NET CHANGE
Cash From Operating Activities -14.18M -4.048M -5.720M
Cash From Investing Activities 45.40M 0.000 0.000
Cash From Financing Activities -10.82M 2.062M 8.100M
Net Change In Cash 20.40M -1.986M 2.380M
YoY Change -4100.59% -183.45% -193.33%
FREE CASH FLOW
Cash From Operating Activities -$14.18M -$4.048M -$5.720M
Capital Expenditures -$193.0K $0.00 $0.00
Free Cash Flow -$13.98M -$4.048M -$5.720M
YoY Change -5.51% -29.23% -38.43%

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nwbo Proceeds From Subscription Receivable
ProceedsFromSubscriptionReceivable
138000 USD
nwbo Proceeds From Subscription Receivable
ProceedsFromSubscriptionReceivable
2550000 USD
nwbo Proceeds From Investors
ProceedsFromInvestors
100000 USD
nwbo Proceeds From Investors
ProceedsFromInvestors
0 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2119000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2805000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
5701000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
4864000 USD
us-gaap Increase Decrease In Notes Payable Related Parties
IncreaseDecreaseInNotesPayableRelatedParties
95000 USD
us-gaap Increase Decrease In Notes Payable Related Parties
IncreaseDecreaseInNotesPayableRelatedParties
2805000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1604000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
5400000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2200000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
782000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
1644000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
3258000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18692000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19995000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1847000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4320000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
131000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5820000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6871000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1051000 USD
us-gaap Interest Paid Net
InterestPaidNet
27000 USD
us-gaap Interest Paid Net
InterestPaidNet
47000 USD
nwbo Proceeds From Issuance Of Common Stock And Debt
ProceedsFromIssuanceOfCommonStockAndDebt
21700000 USD
CY2018Q3 nwbo Current Assets Less Payables
CurrentAssetsLessPayables
76200000 USD
CY2018Q3 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
3800000 USD
CY2018Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
1690000 USD
CY2018Q3 us-gaap Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
855000 USD
CY2018Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
32097000 USD
CY2017Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
2608000 USD
CY2017Q4 us-gaap Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
3308000 USD
CY2017Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
46087000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
46087000 USD
nwbo Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Warrant Granted
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisWarrantGranted
9509000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
2177000 USD
nwbo Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements Related To Conversion Of Sharesettled Debt
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlementsRelatedToConversionOfSharesettledDebt
2453000 USD
us-gaap Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-19220000 USD
CY2018Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
32097000 USD
CY2018Q3 us-gaap Depreciation
Depreciation
341000 USD
CY2017Q3 us-gaap Depreciation
Depreciation
41000 USD
us-gaap Depreciation
Depreciation
1063000 USD
us-gaap Depreciation
Depreciation
141000 USD
CY2018Q3 nwbo Share Based Compensation Arrangement By Share Based Payment Award Options Vested
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVested
0.5 pure
CY2018Q3 nwbo Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVest
0.5 pure
CY2018Q3 nwbo Additional Stock Based Compensation Expense
AdditionalStockBasedCompensationExpense
1000000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12656000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.56
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y10M24D
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
100090000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.23
nwbo Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageRemainingContractualTerm
P9Y7M6D
CY2018Q3 nwbo Sharebased Compensation Arrangement By Sharebased Payment Award Options Grants Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsIntrinsicValue
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
12587000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
100159000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.24
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y7M6D
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
78267000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
0.24
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P9Y6M
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
0.23
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y2M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.96 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.03 pure
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1455000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
119000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13293000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
492000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
16300000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
300000 USD
nwbo Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition2
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2
P1Y6M
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2018Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
32746000 USD
CY2018Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2561000 USD
CY2018Q3 nwbo Fair Value Of Embedded Conversion Option
FairValueOfEmbeddedConversionOption
1690000 USD
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
31875000 USD
CY2017Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
31375000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2554000 USD
CY2017Q4 nwbo Fair Value Of Embedded Conversion Option
FairValueOfEmbeddedConversionOption
2608000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
31429000 USD
CY2018Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.1 pure
CY2018Q2 us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
4200000 USD
CY2017 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
100000 USD
CY2018Q1 us-gaap Debt Instrument Increase Decrease Other Net
DebtInstrumentIncreaseDecreaseOtherNet
30000 USD
us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
1200000 USD
CY2018Q3 us-gaap Interest Expense Other
InterestExpenseOther
2000 USD
CY2017Q3 us-gaap Interest Expense Other
InterestExpenseOther
5000 USD
us-gaap Interest Expense Other
InterestExpenseOther
5000 USD
us-gaap Interest Expense Other
InterestExpenseOther
10000 USD
CY2018Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
1596000 USD
CY2017Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
1193000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
8222000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
3695000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
522817000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
230322000 shares
CY2018Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1408000 USD
CY2017Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
7847000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
6111000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
13035000 USD
CY2018Q3 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
11785000 USD
CY2017Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
5203000 USD
CY2018Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.30
CY2018Q3 us-gaap Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
4200000 USD
CY2018Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
69000 USD
CY2017Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
400000 USD
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1200000000 shares
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q2 nwbo Percentage Of Voting Interest Favouring Common Stock Increase
PercentageOfVotingInterestFavouringCommonStockIncrease
0.87 pure
CY2018Q2 nwbo Percentage Of Voting Interest Favouring Preferred Stock Increase
PercentageOfVotingInterestFavouringPreferredStockIncrease
0.86 pure
CY2018Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
4400000 USD
us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
22300000 shares
CY2018Q3 nwbo Shares Issued During Period Shares Upon Exercise Of Warrants
SharesIssuedDuringPeriodSharesUponExerciseOfWarrants
9000000 shares
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
2100000 USD
CY2017Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
320406000 shares
CY2017Q4 nwbo Class Of Warrant Or Right Outstanding Weighted Average Exercise Price
ClassOfWarrantOrRightOutstandingWeightedAverageExercisePrice
0.50
CY2017 nwbo Class Of Warrant Or Right Oustanding Remaining Contractual Term
ClassOfWarrantOrRightOustandingRemainingContractualTerm
P2Y7M13D
nwbo Class Of Warrant Or Right Granted
ClassOfWarrantOrRightGranted
69134000 shares
nwbo Class Of Warrant Or Right Granted Weighted Average Exercise Price
ClassOfWarrantOrRightGrantedWeightedAverageExercisePrice
0.50
nwbo Number Of Warrants Warrants Exercised For Cash
NumberOfWarrantsWarrantsExercisedForCash
8957000 shares
nwbo Weighted Average Exercise Price Exercised For Cash
WeightedAverageExercisePriceExercisedForCash
0.23
nwbo Class Of Warrant Or Right Expired
ClassOfWarrantOrRightExpired
11652000 shares
nwbo Class Of Warrant Or Right Expired Weighted Average Exercise Price
ClassOfWarrantOrRightExpiredWeightedAverageExercisePrice
1.22
CY2018Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
368931000 shares
CY2018Q3 nwbo Class Of Warrant Or Right Outstanding Weighted Average Exercise Price
ClassOfWarrantOrRightOutstandingWeightedAverageExercisePrice
0.29
nwbo Class Of Warrant Or Right Oustanding Remaining Contractual Term
ClassOfWarrantOrRightOustandingRemainingContractualTerm
P2Y2M16D
CY2017Q2 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
496000 USD
CY2018Q3 us-gaap Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
10000 USD
CY2017Q4 us-gaap Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
0 USD
CY2018Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2018Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
100000000 shares
CY2017Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
100000000 shares
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1200000000 shares
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
510100000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
328900000 shares
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1200000000 shares
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
510100000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
328900000 shares
CY2018Q3 us-gaap Induced Conversion Of Convertible Debt Expense
InducedConversionOfConvertibleDebtExpense
0 USD
CY2017Q3 us-gaap Induced Conversion Of Convertible Debt Expense
InducedConversionOfConvertibleDebtExpense
2297000 USD
us-gaap Induced Conversion Of Convertible Debt Expense
InducedConversionOfConvertibleDebtExpense
0 USD
us-gaap Induced Conversion Of Convertible Debt Expense
InducedConversionOfConvertibleDebtExpense
2297000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
461040000 shares
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
281486000 shares
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
414426000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
217587000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
516300000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
281486000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
414426000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
217587000 shares
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
982000 USD
nwbo Stock Issued During Period Value Conversion Of Convertible Preferred Stock
StockIssuedDuringPeriodValueConversionOfConvertiblePreferredStock
0 USD
nwbo Deemed Dividends On Conversion Of Series Convertible Preferred Stock To Common Stock
DeemedDividendsOnConversionOfSeriesConvertiblePreferredStockToCommonStock
10892000 USD
nwbo Deemed Dividends On Conversion Of Series Convertible Preferred Stock To Common Stock
DeemedDividendsOnConversionOfSeriesConvertiblePreferredStockToCommonStock
0 USD
nwbo Adjustments To Additional Paid In Capital Beneficial Conversion Feature Of Series B Convertible Preferred Stock
AdjustmentsToAdditionalPaidInCapitalBeneficialConversionFeatureOfSeriesBConvertiblePreferredStock
0 USD
nwbo Adjustments To Additional Paid In Capitaldeemed Dividends Related To Accretion Of Redemption Value Of Series B Convertible Stock
AdjustmentsToAdditionalPaidInCapitaldeemedDividendsRelatedToAccretionOfRedemptionValueOfSeriesBConvertibleStock
0 USD
nwbo Stock Issued During Period Value Conversion Of Convertible Preferred Stock One
StockIssuedDuringPeriodValueConversionOfConvertiblePreferredStockOne
0 USD
nwbo Adjustments To Additional Paid In Capitaldeemed Dividends Related To Conversion Of Preferred Convertible Stock Into Common Stock One
AdjustmentsToAdditionalPaidInCapitaldeemedDividendsRelatedToConversionOfPreferredConvertibleStockIntoCommonStockOne
0 USD
nwbo Adjustments To Additional Paid In Capital Reclassification
AdjustmentsToAdditionalPaidInCapitalReclassification
2117000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1187000 USD
nwbo Issuance Of Common Stock And Warrants For Conversion Of Debt And Accrued Interest Received
IssuanceOfCommonStockAndWarrantsForConversionOfDebtAndAccruedInterestReceived
4692000 USD
nwbo Issuance Of Common Stock And Warrants For Conversion Of Debt And Accrued Interest Received
IssuanceOfCommonStockAndWarrantsForConversionOfDebtAndAccruedInterestReceived
10975000 USD
us-gaap Notes Reduction
NotesReduction
0 USD
us-gaap Notes Reduction
NotesReduction
3750000 USD
us-gaap Notes Issued1
NotesIssued1
0 USD
us-gaap Notes Issued1
NotesIssued1
1826000 USD
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
0 USD
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
0 USD
nwbo Debt Conversion Converted Instrument Associate Warrants
DebtConversionConvertedInstrumentAssociateWarrants
4217000 USD
nwbo Debt Conversion Converted Instrument Associate Warrants
DebtConversionConvertedInstrumentAssociateWarrants
0 USD
nwbo Warrants Issued Associated With Convertible Notes Payable To Related Party
WarrantsIssuedAssociatedWithConvertibleNotesPayableToRelatedParty
67000 USD
nwbo Warrants Issued Associated With Convertible Notes Payable To Related Party
WarrantsIssuedAssociatedWithConvertibleNotesPayableToRelatedParty
139000 USD
nwbo Reclassification Of Accrued Interst To Subscription Receivable
ReclassificationOfAccruedInterstToSubscriptionReceivable
9000 USD
nwbo Reclassification Of Accrued Interst To Subscription Receivable
ReclassificationOfAccruedInterstToSubscriptionReceivable
0 USD
us-gaap Induced Conversion Of Convertible Debt Expense
InducedConversionOfConvertibleDebtExpense
2297000 USD
nwbo Reclassification Of Warrant Liabilities Related To Cashless Warrants Exercise
ReclassificationOfWarrantLiabilitiesRelatedToCashlessWarrantsExercise
0 USD
nwbo Reclassification Of Warrant Liabilities Related To Cashless Warrants Exercise
ReclassificationOfWarrantLiabilitiesRelatedToCashlessWarrantsExercise
3054000 USD
nwbo Stock Issued During Period Value For Warrant Cashless Exercise
StockIssuedDuringPeriodValueForWarrantCashlessExercise
0 USD
nwbo Stock Issued During Period Value For Warrant Cashless Exercise
StockIssuedDuringPeriodValueForWarrantCashlessExercise
7000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
212000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
218000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates</div></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; text-indent: 1.04in; margin-right: 0px; background: none;">&#160;</div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">In preparing condensed consolidated financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of expenses during the reporting period. Due to inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in these estimates. On an ongoing basis, the Company evaluates its estimates and assumptions. These estimates and assumptions include valuing equity securities in share-based payment arrangements, estimating the fair value of financial instruments recorded as derivative liabilities, useful lives of depreciable assets and whether impairment charges may apply, and the fair value of environmental remediation liabilities.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q3 nwbo Bifurcated Embedded Derivative Fair Value Of Embedded Derivative Liability
BifurcatedEmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
351000 USD
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.25 pure
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights
the Board also approved extension of the term of options that were granted to Dr. Alton Boyton and Dr. Marnix Bosch on June 13, 2017, from 5 years to 10 years
CY2018Q2 nwbo Warrants Exercise Number
WarrantsExerciseNumber
23500000 shares
CY2018Q2 nwbo Warrants Exercise Value
WarrantsExerciseValue
11700000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
935000 USD
CY2018Q3 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
525000 USD
CY2018Q3 us-gaap Notes Payable
NotesPayable
135000 USD
CY2017Q4 us-gaap Notes Payable
NotesPayable
135000 USD
CY2018Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
5400000 USD
CY2018Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2617000 USD
CY2017Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11020000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-23271000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-47909000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-46144000 USD
CY2018Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1533000 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
41960000 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
11767000 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2018Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
65000 USD
us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
10000000 shares
CY2018Q3 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
100000000 shares
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
300000 USD
CY2018Q4 us-gaap Debt Instrument Term
DebtInstrumentTerm
P1Y
CY2018Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P2Y
CY2018Q3 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
1000000 USD

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