2023 Q2 Form 10-Q Financial Statement
#000107997323000695 Filed on May 15, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $736.1K | $913.4K | $469.8K |
YoY Change | -23.89% | 94.45% | -43.4% |
Cost Of Revenue | $714.4K | $592.4K | $322.6K |
YoY Change | 10.52% | 83.65% | -51.13% |
Gross Profit | $21.75K | $321.1K | $147.2K |
YoY Change | -93.22% | 118.13% | -13.42% |
Gross Profit Margin | 2.95% | 35.15% | 31.33% |
Selling, General & Admin | $3.585M | $3.450M | $3.676M |
YoY Change | 8.52% | -6.16% | 3.27% |
% of Gross Profit | 16487.5% | 1074.56% | 2497.79% |
Research & Development | $1.389M | $1.813M | $2.316M |
YoY Change | -38.92% | -21.74% | -17.56% |
% of Gross Profit | 6386.72% | 564.63% | 1573.78% |
Depreciation & Amortization | $371.4K | $350.5K | $514.3K |
YoY Change | -19.95% | -31.85% | -6.5% |
% of Gross Profit | 1708.16% | 109.15% | 349.39% |
Operating Expenses | $4.974M | $5.263M | $5.993M |
YoY Change | -10.82% | -12.18% | -5.92% |
Operating Profit | -$5.156M | -$5.070M | -$5.846M |
YoY Change | -2.2% | -13.27% | -5.71% |
Interest Expense | $684.5K | $617.3K | -$958.0K |
YoY Change | -12.23% | -164.44% | 15.42% |
% of Operating Profit | |||
Other Income/Expense, Net | -$671.0K | -$666.5K | $0.00 |
YoY Change | 18.08% | -100.0% | |
Pretax Income | -$5.827M | -$5.737M | -$6.804M |
YoY Change | -0.22% | -15.68% | -54.18% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$5.827M | -$5.737M | -$6.804M |
YoY Change | -0.22% | -15.68% | -54.19% |
Net Earnings / Revenue | -791.61% | -628.02% | -1448.37% |
Basic Earnings Per Share | -$0.93 | -$1.25 | -$2.93 |
Diluted Earnings Per Share | -$0.93 | -$1.25 | -$146.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 6.119M shares | 5.496M shares | 46.56M |
Diluted Shares Outstanding | 6.246M shares | 4.577M shares | 2.324M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $3.237M | $7.039M | $30.65M |
YoY Change | -80.48% | -77.04% | -22.2% |
Cash & Equivalents | $3.237M | $7.039M | $30.65M |
Short-Term Investments | |||
Other Short-Term Assets | $1.638M | $1.456M | $1.212M |
YoY Change | -2.96% | 20.1% | -17.54% |
Inventory | $3.345M | $3.645M | $1.361M |
Prepaid Expenses | |||
Receivables | $619.6K | $666.8K | $265.9K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $7.229M | $10.74M | $33.49M |
YoY Change | -64.23% | -67.93% | -21.69% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.850M | $3.667M | $5.479M |
YoY Change | 19.96% | -33.07% | -13.99% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $496.9K | $497.1K | $3.917M |
YoY Change | 12.59% | -87.31% | 47.25% |
Total Long-Term Assets | $15.21M | $15.77M | $30.77M |
YoY Change | -46.83% | -48.74% | -5.01% |
TOTAL ASSETS | |||
Total Short-Term Assets | $7.229M | $10.74M | $33.49M |
Total Long-Term Assets | $15.21M | $15.77M | $30.77M |
Total Assets | $22.43M | $26.51M | $64.26M |
YoY Change | -54.03% | -58.74% | -14.5% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $195.3K | $266.6K | $865.4K |
YoY Change | -73.32% | -69.19% | -30.76% |
Accrued Expenses | $1.043M | $1.436M | $3.726M |
YoY Change | 32.35% | -61.46% | -23.17% |
Deferred Revenue | $27.28K | $46.00K | |
YoY Change | |||
Short-Term Debt | $9.191M | $4.959M | $0.00 |
YoY Change | -15.58% | ||
Long-Term Debt Due | $9.191M | $4.959M | $14.42M |
YoY Change | -15.58% | -65.61% | 2968.36% |
Total Short-Term Liabilities | $12.42M | $8.636M | $19.01M |
YoY Change | -13.74% | -54.58% | 189.39% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $5.358M | $7.958M |
YoY Change | -100.0% | -32.67% | -59.1% |
Other Long-Term Liabilities | $126.7K | $129.2K | $3.117M |
YoY Change | -3.29% | -95.85% | 0.88% |
Total Long-Term Liabilities | $126.7K | $129.2K | $11.08M |
YoY Change | -3.29% | -98.83% | -50.89% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $12.42M | $8.636M | $19.01M |
Total Long-Term Liabilities | $126.7K | $129.2K | $11.08M |
Total Liabilities | $15.58M | $17.33M | $30.09M |
YoY Change | -27.38% | -42.39% | 3.33% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$284.4M | -$278.6M | |
YoY Change | 14.59% | ||
Common Stock | $69.68K | $54.96K | |
YoY Change | -85.06% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $6.860M | $9.177M | $34.17M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.43M | $26.51M | $64.26M |
YoY Change | -54.03% | -58.74% | -14.5% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.827M | -$5.737M | -$6.804M |
YoY Change | -0.22% | -15.68% | -54.19% |
Depreciation, Depletion And Amortization | $371.4K | $350.5K | $514.3K |
YoY Change | -19.95% | -31.85% | -6.5% |
Cash From Operating Activities | -$4.753M | -$4.963M | -$5.041M |
YoY Change | -28.63% | -1.56% | 1.44% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $367.3K | $330.4K | -$38.71K |
YoY Change | -918.97% | -953.65% | -95.45% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$367.3K | -$330.4K | -$38.71K |
YoY Change | 718.97% | 753.65% | -95.45% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.504M | $4.744M | -17.53K |
YoY Change | -122.03% | -27160.18% | -100.05% |
NET CHANGE | |||
Cash From Operating Activities | -4.753M | -$4.963M | -5.041M |
Cash From Investing Activities | -367.3K | -$330.4K | -38.71K |
Cash From Financing Activities | 1.504M | $4.744M | -17.53K |
Net Change In Cash | -3.615M | -$399.2K | -5.098M |
YoY Change | -73.29% | -92.17% | -119.24% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.753M | -$4.963M | -$5.041M |
Capital Expenditures | $367.3K | $330.4K | -$38.71K |
Free Cash Flow | -$5.120M | -$5.293M | -$5.003M |
YoY Change | -22.6% | 5.8% | 21.42% |
Facts In Submission
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---|---|---|---|---|
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Preferred Stock Value
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usd | |
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shares | |
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10-Q | |
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true | |
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2023-03-31 | |
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2023 | |
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OPGEN, INC. | |
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DE | |
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06-1614015 | |
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9717 Key West Avenue | |
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Suite 100 | |
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Rockville | |
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MD | |
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20850 | |
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(240) | |
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-957976 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-5736603 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6803716 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5736603 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6803716 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5736603 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6803716 | usd |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.25 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.93 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4577269 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2324184 | shares |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5736603 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6803716 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
153067 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-483849 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5583536 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-7287565 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41217080 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
241619 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-483849 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6803716 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34171134 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7575548 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
211122 | usd |
CY2023Q1 | opgn |
Public Offering Of Common Stock And Warrants Net Of Issuance Costs
PublicOfferingOfCommonStockAndWarrantsNetOfIssuanceCosts
|
6974050 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
153067 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5736603 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9177184 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5736603 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6803716 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
350452 | usd |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
514269 | usd |
CY2023Q1 | us-gaap |
Accretion Expense
AccretionExpense
|
456679 | usd |
CY2022Q1 | us-gaap |
Accretion Expense
AccretionExpense
|
1091843 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
211122 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
241619 | usd |
CY2023Q1 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
256814 | usd |
CY2023Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-12694 | usd |
CY2022Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-109744 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
142177 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-889810 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
195029 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
170028 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-3498 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-110332 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-157139 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-423955 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
100388 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-381830 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-97929 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4962618 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5041400 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
330446 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
38713 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-330446 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-38713 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
6974050 | usd |
CY2023Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
2229560 | usd |
CY2023Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
841 | usd |
CY2022Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
17529 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4743649 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-17529 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
150186 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-413093 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-399229 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-5510735 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
7935659 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
36632186 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
7536430 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
31121451 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
56320 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1120 | usd |
CY2023Q1 | opgn |
Noncash Or Part Noncash Acquisition Rou Assets Acquired Through Operating Leases
NoncashOrPartNoncashAcquisitionROUAssetsAcquiredThroughOperatingLeases
|
801321 | usd |
CY2023Q1 | opgn |
Exercise Price Of Common Warrants
ExercisePriceOfCommonWarrants
|
2.65 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
268000 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | opgn |
Prefunded Warrants To Purchase
PrefundedWarrantsToPurchase
|
215000 | shares |
CY2022Q4 | opgn |
Warrant Expiry Period
WarrantExpiryPeriod
|
five and one-half | |
CY2022Q4 | opgn |
Increase In Fair Value From Warrant Modification
IncreaseInFairValueFromWarrantModification
|
1800000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
495629 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
37445 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2351453 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2596830 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
3644557 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
3645751 | usd |
CY2023Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
1974030 | usd |
CY2023Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Use of estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">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 unaudited condensed 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><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | |
CY2023Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
497055 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
1694843 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7039375 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7440030 | usd |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30653410 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
36080392 | usd |
CY2023Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
497055 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
495629 | usd |
CY2022Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
468041 | usd |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
551794 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7536430 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7935659 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
31121451 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36632186 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2023Q1 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
1259859 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
1011476 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
33245 | usd |
CY2023Q1 | opgn |
Currency Translation Adjustment
CurrencyTranslationAdjustment
|
1871 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
46003 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
15518000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
7869468 | usd |
CY2023Q1 | opgn |
Effects Of Foreign Exchange Rates
EffectsOfForeignExchangeRates
|
250199 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
7398333 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
7437206 | usd |
CY2022Q4 | opgn |
Effects Of Foreign Exchange Rates
EffectsOfForeignExchangeRates
|
639820 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
7440974 | usd |
CY2022 | opgn |
Indefinitelived Intangible Impairment Charge
IndefinitelivedIntangibleImpairmentCharge
|
5407699 | usd |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
186377 | usd |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
192025 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
564347 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
752463 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
752463 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
752463 | usd |
CY2023Q1 | opgn |
Finite Lived Intangible Assets Amortization Expense Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseYearSix
|
715644 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
3860953 | usd |
CY2023Q1 | opgn |
Finite Lived Intangible Assets Expected Amortization Expense
FiniteLivedIntangibleAssetsExpectedAmortizationExpense
|
7398333 | usd |
CY2023Q1 | opgn |
Impairment Expense Of Goodwill
ImpairmentExpenseOfGoodwill
|
6940549 | usd |
CY2023Q1 | opgn |
Reduction Of Research And Development Expense
ReductionOfResearchAndDevelopmentExpense
|
133938 | usd |
CY2022Q1 | opgn |
Reduction Of Research And Development Expense
ReductionOfResearchAndDevelopmentExpense
|
108465 | usd |
CY2023Q1 | opgn |
Grants Earned But Not Yet Received
GrantsEarnedButNotYetReceived
|
544489 | usd |
CY2022 | opgn |
Grants Earned But Not Yet Received
GrantsEarnedButNotYetReceived
|
401436 | usd |
CY2023Q1 | opgn |
Tax Benefit Percentage
TaxBenefitPercentage
|
0.50 | pure |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6700000 | shares |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1000000 | shares |
CY2023Q1 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
143506 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
913444 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
469745 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
913444 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
469745 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
142061 | usd |
CY2023Q1 | us-gaap |
Proceeds From Customers For Progress Payments
ProceedsFromCustomersForProgressPayments
|
45577 | usd |
CY2022Q4 | opgn |
Increase In Fair Value From Warrant Modification
IncreaseInFairValueFromWarrantModification
|
1800000 | usd |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
99498 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-12694 | usd |
CY2023Q1 | opgn |
Effect Of Foreign Exchange Rates1
EffectOfForeignExchangeRates1
|
1831 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
88635 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
6940549 | usd |
CY2022 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
5407699 | usd |
CY2023Q1 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
11631738 | usd |
CY2022Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
13489178 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
1313888 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
1614591 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
10317850 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
11874587 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
4959417 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
7023901 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
5358433 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4850686 | usd |
CY2017Q2 | us-gaap |
Accounts Payable Interest Bearing Interest Rate
AccountsPayableInterestBearingInterestRate
|
0.04 | pure |
CY2019Q2 | us-gaap |
Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
|
5000000 | eur |
CY2020Q3 | opgn |
Percentage Of Participation Percentage Interest
PercentageOfParticipationPercentageInterest
|
0.021 | pure |
CY2019Q2 | us-gaap |
Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
|
5000000 | eur |
CY2022Q2 | us-gaap |
Payments For Loans
PaymentsForLoans
|
700000 | eur |
CY2023Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
617298 | usd |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5495546 | shares |
CY2023Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2022 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
85732 | shares |
CY2022 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
1030000.00 | usd |
CY2022 | opgn |
Net Proceeds From Issuance Of Common Stock
NetProceedsFromIssuanceOfCommonStock
|
990000 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
268000 | shares |
CY2022Q4 | opgn |
Prefunded Warrants In Shares
PrefundedWarrantsInShares
|
215000 | shares |
CY2022Q4 | opgn |
Net Proceeds From Issuance Of Common Stock
NetProceedsFromIssuanceOfCommonStock
|
3040000.00 | usd |
CY2023Q1 | opgn |
Exercise Price Of Common Warrants
ExercisePriceOfCommonWarrants
|
2.65 | |
CY2023Q1 | opgn |
Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
|
211122 | usd |
CY2022Q1 | opgn |
Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
|
241619 | usd |
CY2023Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2139974 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1459413 | usd |
CY2023Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
2671 | usd |
CY2022Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
3500 | usd |
CY2023Q1 | opgn |
Lease Right Of Use Asset
LeaseRightOfUseAsset
|
2142645 | usd |
CY2022Q4 | opgn |
Lease Right Of Use Asset
LeaseRightOfUseAsset
|
1462913 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
500994 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
377626 | usd |
CY2023Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
2803 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3364 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
3121433 | usd |
CY2022Q1 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
905 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2566138 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
280 | usd |
CY2023Q1 | opgn |
Lease Liability
LeaseLiability
|
3625230 | usd |
CY2022Q4 | opgn |
Lease Liability
LeaseLiability
|
2947408 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liability Payments Remainder Of Fiscal Year
OperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
614034 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liability Payments Due Year Two
OperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
|
828063 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liability Payments Due Year Three
OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
|
735009 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liability Payments Due Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
|
582753 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liability Payments Due Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
|
593156 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liability Payments Due After Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
|
1737689 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liability Payments Due
OperatingAndFinanceLeaseLiabilityPaymentsDue
|
5090704 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liabilities Undiscounted Excess Amount
OperatingAndFinanceLeaseLiabilitiesUndiscountedExcessAmount
|
1465474 | usd |
CY2023Q1 | opgn |
Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
|
3625230 | usd |
CY2023Q1 | us-gaap |
Lease Cost
LeaseCost
|
138626 | usd |
CY2022Q1 | us-gaap |
Lease Cost
LeaseCost
|
215530 | usd |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y8M12D | |
CY2023Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y9M18D | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.096 | pure |
CY2023Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.01 | pure |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
137797 | usd |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
174914 | usd |
CY2023Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
841 | usd |
CY2022Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
17529 | usd |
CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
801321 | usd |
CY2023Q2 | opgn |
Exercise Price Per Prefunded Warrant
ExercisePricePerPrefundedWarrant
|
0.7785 | |
CY2023Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2023Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2023Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.25 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.93 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2324184 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4577269 | shares |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | |
CY2022Q1 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
usd | |
CY2022Q1 | opgn |
Noncash Or Part Noncash Acquisition Rou Assets Acquired Through Operating Leases
NoncashOrPartNoncashAcquisitionROUAssetsAcquiredThroughOperatingLeases
|
usd | |
CY2023Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
usd | |
CY2023Q1 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
usd | |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
usd | |
CY2023Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2023Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001293818 |