2022 Q1 Form 10-K Financial Statement

#000107997322000358 Filed on March 30, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021
Revenue $469.8K $1.426M $4.306M
YoY Change -43.4% 5.6% 2.17%
Cost Of Revenue $322.6K $857.3K $2.848M
YoY Change -51.13% -10.7% -26.01%
Gross Profit $147.2K $568.3K $1.458M
YoY Change -13.42% 45.72% 293.94%
Gross Profit Margin 31.33% 39.86% 33.85%
Selling, General & Admin $3.676M $3.500M $13.65M
YoY Change 3.27% 13.26% 14.74%
% of Gross Profit 2497.79% 615.83% 936.43%
Research & Development $2.316M $2.855M $10.91M
YoY Change -17.56% -14.26% 9.49%
% of Gross Profit 1573.78% 502.44% 748.55%
Depreciation & Amortization $514.3K $606.6K $2.714M
YoY Change -6.5% -14.56% 16.24%
% of Gross Profit 349.39% 106.74% 186.19%
Operating Expenses $5.993M $6.355M $24.56M
YoY Change -5.92% -1.01% 12.35%
Operating Profit -$5.846M -$5.787M -$23.27M
YoY Change -5.71% -4.03% 2.44%
Interest Expense -$958.0K -$981.3K $4.799M
YoY Change 15.42% -46.38% 41.18%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00 -$11.49M
YoY Change -100.0% 241.93%
Pretax Income -$6.804M -$6.768M -$34.76M
YoY Change -54.18% -3.04% 33.3%
Income Tax $43.83K $43.83K
% Of Pretax Income
Net Earnings -$6.804M -$6.812M -$34.81M
YoY Change -54.19% -4.19% 32.79%
Net Earnings / Revenue -1448.37% -477.83% -808.3%
Basic Earnings Per Share -$2.93 -$22.89
Diluted Earnings Per Share -$146.4K -$167.9K -$949.1K
COMMON SHARES
Basic Shares Outstanding 46.56M 1.834M shares
Diluted Shares Outstanding 2.324M shares 1.834M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.65M $36.08M $36.08M
YoY Change -22.2% 170.06% 170.06%
Cash & Equivalents $30.65M $36.08M $36.08M
Short-Term Investments
Other Short-Term Assets $1.212M $1.250M $1.250M
YoY Change -17.54% -10.05% -10.05%
Inventory $1.361M $4.712M $1.239M
Prepaid Expenses
Receivables $265.9K $1.172M $1.172M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $33.49M $39.74M $39.74M
YoY Change -21.69% 135.34% 135.3%
LONG-TERM ASSETS
Property, Plant & Equipment $5.479M $4.012M $5.917M
YoY Change -13.99% 23.08% 2.19%
Goodwill $7.453M
YoY Change -7.12%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.917M $551.8K $4.024M
YoY Change 47.25% -29.25% 62.92%
Total Long-Term Assets $30.77M $31.92M $31.92M
YoY Change -5.01% -2.86% -2.85%
TOTAL ASSETS
Total Short-Term Assets $33.49M $39.74M $39.74M
Total Long-Term Assets $30.77M $31.92M $31.92M
Total Assets $64.26M $71.67M $71.67M
YoY Change -14.5% 44.05% 44.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $865.4K $1.307M $1.307M
YoY Change -30.76% -30.05% -30.1%
Accrued Expenses $3.726M $1.966M $4.047M
YoY Change -23.17% 36.79% -10.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $14.52M $0.00
YoY Change 1977.13%
Long-Term Debt Due $14.42M $14.52M $14.56M
YoY Change 2968.36% 1977.13% 1401.26%
Total Short-Term Liabilities $19.01M $19.92M $19.92M
YoY Change 189.39% 170.17% 170.24%
LONG-TERM LIABILITIES
Long-Term Debt $7.958M $7.180M $7.180M
YoY Change -59.1% -63.05% -63.05%
Other Long-Term Liabilities $3.117M $146.8K $3.353M
YoY Change 0.88% -6.28% 90.5%
Total Long-Term Liabilities $11.08M $146.8K $10.53M
YoY Change -50.89% -6.28% -50.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.01M $19.92M $19.92M
Total Long-Term Liabilities $11.08M $146.8K $10.53M
Total Liabilities $30.09M $30.45M $30.45M
YoY Change 3.33% 6.62% 6.62%
SHAREHOLDERS EQUITY
Retained Earnings -$235.5M
YoY Change 17.34%
Common Stock $464.5K
YoY Change 85.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $34.17M $41.22M $41.22M
YoY Change
Total Liabilities & Shareholders Equity $64.26M $71.67M $71.67M
YoY Change -14.5% 44.05% 44.05%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021
OPERATING ACTIVITIES
Net Income -$6.804M -$6.812M -$34.81M
YoY Change -54.19% -4.19% 32.79%
Depreciation, Depletion And Amortization $514.3K $606.6K $2.714M
YoY Change -6.5% -14.56% 16.24%
Cash From Operating Activities -$5.041M -$3.789M -$21.48M
YoY Change 1.44% -45.41% -8.19%
INVESTING ACTIVITIES
Capital Expenditures -$38.71K -$158.8K $1.984M
YoY Change -95.45% 22.18% 1421.71%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$38.71K -$158.8K -$1.984M
YoY Change -95.45% 32.37% 86.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.484M
YoY Change -90.62%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.53K 15.41M $47.45M
YoY Change -100.05% 56.17% 39.21%
NET CHANGE
Cash From Operating Activities -5.041M -3.789M -$21.48M
Cash From Investing Activities -38.71K -158.8K -$1.984M
Cash From Financing Activities -17.53K 15.41M $47.45M
Net Change In Cash -5.098M 11.47M $22.52M
YoY Change -119.24% 308.05% 100.87%
FREE CASH FLOW
Cash From Operating Activities -$5.041M -$3.789M -$21.48M
Capital Expenditures -$38.71K -$158.8K $1.984M
Free Cash Flow -$5.003M -$3.630M -$23.46M
YoY Change 21.42% -46.7% -0.27%

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CY2021 us-gaap Preferred Stock Dividends And Other Adjustments
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7166752 USD
CY2021 us-gaap Stock Issued During Period Value New Issues
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CY2021 opgn Stock Issued During Period Value Stock Warrant Exercised
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CY2021 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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255751 USD
CY2021 opgn Stock Issued During Period Value Stock Warrant Inducement
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
-34805712 USD
CY2021Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Profit Loss
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-34805712 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-26210844 USD
CY2021 us-gaap Depreciation Depletion And Amortization
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2713907 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2021 us-gaap Accretion Expense
AccretionExpense
3988755 USD
CY2020 us-gaap Accretion Expense
AccretionExpense
2632241 USD
CY2021 opgn Noncash Interest Income
NoncashInterestIncome
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CY2020 opgn Noncash Interest Income
NoncashInterestIncome
87233 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
316086 USD
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
100000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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259353 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 opgn Warrant Inducement Expense
WarrantInducementExpense
7755541 USD
CY2020 opgn Warrant Inducement Expense
WarrantInducementExpense
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CY2021 us-gaap Fair Value Adjustment Of Warrants
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129731 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
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-517680 USD
CY2021 us-gaap Operating Lease Impairment Loss
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170714 USD
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
101838 USD
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
750596 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Accounts Receivable
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-438284 USD
CY2021 us-gaap Increase Decrease In Inventories
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2336714 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
410341 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-739429 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1152200 USD
CY2021 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-471824 USD
CY2020 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-481453 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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602605 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-1559881 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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-9808 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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-21479277 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2021 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
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CY2020 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
2200000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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1983614 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1483833 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2021 opgn Proceeds From Issuance Of Common Stock Warrants
ProceedsFromIssuanceOfCommonStockWarrants
255751 USD
CY2020 opgn Proceeds From Issuance Of Common Stock Warrants
ProceedsFromIssuanceOfCommonStockWarrants
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CY2021 opgn Proceeds From Issuance Of Common Stock And Prefunded Warrants In Private Placement Net Of Selling Costs
ProceedsFromIssuanceOfCommonStockAndPrefundedWarrantsInPrivatePlacementNetOfSellingCosts
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CY2020 opgn Proceeds From Issuance Of Common Stock And Prefunded Warrants In Private Placement Net Of Selling Costs
ProceedsFromIssuanceOfCommonStockAndPrefundedWarrantsInPrivatePlacementNetOfSellingCosts
9289129 USD
CY2021 opgn Proceeds From Issuance Of Common Stock And Prefunded Warrants In Registered Offering Net Of Selling Costs
ProceedsFromIssuanceOfCommonStockAndPrefundedWarrantsInRegisteredOfferingNetOfSellingCosts
23473962 USD
CY2020 opgn Proceeds From Issuance Of Common Stock And Prefunded Warrants In Registered Offering Net Of Selling Costs
ProceedsFromIssuanceOfCommonStockAndPrefundedWarrantsInRegisteredOfferingNetOfSellingCosts
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CY2021 opgn Proceeds From Exercise Of Common Stock Warrants
ProceedsFromExerciseOfCommonStockWarrants
-9094172 USD
CY2020 opgn Proceeds From Exercise Of Common Stock Warrants
ProceedsFromExerciseOfCommonStockWarrants
-8682000 USD
CY2021 us-gaap Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
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CY2020 us-gaap Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
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CY2021 us-gaap Proceeds From Issuance Of Debt
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CY2020 us-gaap Proceeds From Issuance Of Debt
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CY2021 us-gaap Repayments Of Debt
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CY2020 us-gaap Repayments Of Debt
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CY2021 us-gaap Finance Lease Principal Payments
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CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
34087148 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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-1463609 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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1586541 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22524931 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11213652 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14107255 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2893603 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
36632186 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14107255 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
895200 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
952050 USD
CY2021 opgn Noncash Or Part Noncash Acquisition Rou Assets Acquired Through Operating Leases
NoncashOrPartNoncashAcquisitionROUAssetsAcquiredThroughOperatingLeases
615761 USD
CY2020 opgn Noncash Or Part Noncash Acquisition Rou Assets Acquired Through Operating Leases
NoncashOrPartNoncashAcquisitionROUAssetsAcquiredThroughOperatingLeases
1008039 USD
CY2021 opgn Beneficial Conversion Option On Convertible Preferred Stock
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7166752 USD
CY2020 opgn Beneficial Conversion Option On Convertible Preferred Stock
BeneficialConversionOptionOnConvertiblePreferredStock
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CY2021 opgn Inventory Transferred To Property And Equipment
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530638 USD
CY2020 opgn Inventory Transferred To Property And Equipment
InventoryTransferredToPropertyAndEquipment
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CY2021 us-gaap Stock Issued During Period Value Acquisitions
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CY2020 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
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CY2021 opgn Shares Issued To Settle Convertible Notes
SharesIssuedToSettleConvertibleNotes
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CY2020 opgn Shares Issued To Settle Convertible Notes
SharesIssuedToSettleConvertibleNotes
1450797 USD
CY2021 opgn Note Receivable From Sale Of Equipment Included In Other Assets
NoteReceivableFromSaleOfEquipmentIncludedInOtherAssets
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CY2020 opgn Note Receivable From Sale Of Equipment Included In Other Assets
NoteReceivableFromSaleOfEquipmentIncludedInOtherAssets
100000 USD
CY2021 us-gaap Use Of Estimates
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<p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:left; margin-top:11pt; margin-bottom:0pt; "> <span style="font-weight:bold; ">Use of Estimates</span></p> <p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:11pt; margin-bottom:0pt; ">In preparing financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. In the accompanying consolidated financial statements, estimates are used for, but not limited to, liquidity assumptions, revenue recognition, inducement expense related to warrant repricing, stock-based compensation, allowances for doubtful accounts and inventory obsolescence, discount rates used to discount unpaid lease payments to present values, valuation of derivative financial instruments measured at fair value on a recurring basis, deferred tax assets and liabilities and related valuation allowance, determining the fair value of assets acquired and liabilities assumed in business combinations, the estimated useful lives of long-lived assets, and the recoverability of long-lived assets. Actual results could differ from those estimates. </p>
CY2021Q4 us-gaap Cash Fdic Insured Amount
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250000 USD
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
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551794 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
746792 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13360463 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
551794 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36632186 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14107255 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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0 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
20753 USD
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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866963 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
773021 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
100801 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
87159 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3744029 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2312148 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
4711793 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
3172328 USD
CY2021Q4 us-gaap Inventory Valuation Reserves
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98064 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
288378 USD
CY2021 us-gaap Depreciation
Depreciation
1541561 USD
CY2020 us-gaap Depreciation
Depreciation
1152954 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7549773 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10021825 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3538025 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6762338 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4011748 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3259487 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
17531000 USD
CY2021Q4 opgn Finite Lived Intangible Assets Accumulated Amortization And Prior Year Impairment
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3384424 USD
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-383633 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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14530209 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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1899199 USD
CY2020Q4 opgn Impairments Of Intangible Assets Finitelived
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750596 USD
CY2020Q4 opgn Effect Of Foreign Exchange Rate
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-1699758 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
16580963 USD
CY2021 us-gaap Amortization Of Intangible Assets
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813184 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
672823 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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783669 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
783669 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
783669 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
783669 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
783669 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
4760948 USD
CY2021Q4 opgn Finite Lived Intangible Assets Expected Amortization Expense
FiniteLivedIntangibleAssetsExpectedAmortizationExpense
8679293 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Fair Value Disclosure
FiniteLivedIntangibleAssetsFairValueDisclosure
0 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
750596 USD
CY2021Q4 us-gaap Goodwill
Goodwill
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CY2020Q4 us-gaap Goodwill
Goodwill
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CY2019Q4 us-gaap Goodwill
Goodwill
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CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
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CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
735263 USD
CY2020Q4 us-gaap Goodwill
Goodwill
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CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2021Q4 us-gaap Goodwill
Goodwill
7453007 USD
CY2021 opgn Research And Development Expense To Government Grant
ResearchAndDevelopmentExpenseToGovernmentGrant
692701 USD
CY2020 opgn Research And Development Expense To Government Grant
ResearchAndDevelopmentExpenseToGovernmentGrant
495153 USD
CY2021Q4 us-gaap Accrued Investment Income Receivable
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CY2020Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
413530 USD
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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18200000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7500000
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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112852 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
129731 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2021 opgn Effect Of Foreign Exchange Rates1
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CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
228589 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
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CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
615831 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
-517680 USD
CY2020 opgn Effect Of Foreign Exchange Rates1
EffectOfForeignExchangeRates1
14701 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
112852 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4306031 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4214441 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4306031 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4214441 USD
CY2020 opgn Contract With Customer Liability Revenue Recognized From Curetis
ContractWithCustomerLiabilityRevenueRecognizedFromCuretis
-870114 USD
CY2020 opgn Effect Of Foreign Exchange Rates
EffectOfForeignExchangeRates
40839 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9808 USD
CY2021 opgn Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
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CY2021 opgn Amounts Returned To Customers
AmountsReturnedToCustomers
-9808 USD
CY2021 opgn Effect Of Foreign Exchange Rates
EffectOfForeignExchangeRates
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CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2021Q4 opgn Contract Assets
ContractAssets
0 USD
CY2020Q4 opgn Contract Assets
ContractAssets
18000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9808 USD
CY2020 us-gaap Contract With Customer Asset Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerAssetIncreaseDecreaseForContractAcquiredInBusinessCombination
829275 USD
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
25161855 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
26635927 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
3466491 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
6557992 USD
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
21695364 USD
CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
20077935 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
14519113 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
699000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
7176251 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
19378935 USD
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
418.10 shares
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1525000
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.13 shares
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
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CurrentIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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DeferredTaxAssetsOperatingLossCarryforwards
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CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
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CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
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DeferredTaxAssetsPropertyPlantAndEquipment
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CY2020Q4 opgn Deferred Tax Assets Operating Lease Right Of Use Asset
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CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021Q4 opgn Lease Right Of Use Asset
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CY2020Q4 opgn Lease Right Of Use Asset
LeaseRightOfUseAsset
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DeferredTaxAssetsLiabilitiesNet
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CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2020 opgn Effective Income Tax Rate Reconciliation Provision To Return Adjustment
EffectiveIncomeTaxRateReconciliationProvisionToReturnAdjustment
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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OperatingLeaseRightOfUseAsset
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OperatingLeaseRightOfUseAsset
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CY2021Q4 us-gaap Finance Lease Right Of Use Asset
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CY2021Q4 us-gaap Finance Lease Liability Current
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CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1492544 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
3644 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
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CY2020Q4 opgn Lease Liability
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CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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1645325 USD
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1700 USD
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CY2021Q4 us-gaap Finance Lease Liability
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46794 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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745850 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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44850 USD
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790700 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
639172 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
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CY2021Q4 opgn Operating And Finance Lease Liability Payments Due Year Two
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
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CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
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544080 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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378279 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
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CY2021Q4 opgn Operating And Finance Lease Liability Payments Due Year Five
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378279 USD
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CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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CY2021Q4 opgn Operating And Finance Lease Liability Payments Due After Year Five
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
48494 USD
CY2021Q4 opgn Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
3483988 USD
CY2021 us-gaap Lease Cost
LeaseCost
1430238 USD
CY2020 us-gaap Lease Cost
LeaseCost
1771760 USD
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.091 pure
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1055595 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
1205551 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
15481 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
57247 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
266470 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
579029 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
615761 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1008039 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
USD

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0001079973-22-000358.txt Edgar Link pending
0001079973-22-000358-xbrl.zip Edgar Link pending
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