2024 Q4 Form 10-Q Financial Statement

#000182912624007586 Filed on November 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $699.0K
YoY Change 55.78%
Cost Of Revenue $618.8K
YoY Change -67.19%
Gross Profit $80.23K
YoY Change -105.58%
Gross Profit Margin 11.48%
Selling, General & Admin $783.4K $2.371M
YoY Change -66.96% -22.32%
% of Gross Profit 2955.17%
Research & Development $488.00 $1.202M
YoY Change -99.96% -40.83%
% of Gross Profit 1498.1%
Depreciation & Amortization $350.6K
YoY Change 6.46%
% of Gross Profit 436.99%
Operating Expenses $783.9K $3.573M
YoY Change -78.06% -29.71%
Operating Profit -$783.9K -$3.566M
YoY Change -78.02% -73.61%
Interest Expense $3.238K $396.8K
YoY Change -99.18% -30.31%
% of Operating Profit
Other Income/Expense, Net $9.715M -$497.3K
YoY Change -2053.42% -15.8%
Pretax Income $8.931M -$4.063M
YoY Change -319.82% -71.19%
Income Tax
% Of Pretax Income
Net Earnings $8.931M -$4.063M
YoY Change -319.82% -71.19%
Net Earnings / Revenue -581.23%
Basic Earnings Per Share $1.43 -$0.46
Diluted Earnings Per Share $1.35 -$0.46
COMMON SHARES
Basic Shares Outstanding 10.07M shares 1.349M shares 8.900M shares
Diluted Shares Outstanding 6.604M shares 8.778M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $292.6K
YoY Change -97.15%
Cash & Equivalents $1.633M $292.6K
Short-Term Investments
Other Short-Term Assets $1.541M
YoY Change -8.2%
Inventory $2.807M
Prepaid Expenses
Receivables $24.40K $422.7K
Other Receivables $0.00
Total Short-Term Assets $3.217M $3.455M
YoY Change -6.87% -74.2%
LONG-TERM ASSETS
Property, Plant & Equipment $1.117M $3.821M
YoY Change -70.76% 25.07%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $302.3K $492.0K
YoY Change -38.57% 17.29%
Total Long-Term Assets $2.252M $14.68M
YoY Change -84.66% -24.98%
TOTAL ASSETS
Total Short-Term Assets $3.217M $3.455M
Total Long-Term Assets $2.252M $14.68M
Total Assets $5.470M $18.13M
YoY Change -69.84% -44.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $103.9K $904.6K
YoY Change -88.52% 32.52%
Accrued Expenses $89.17K $1.269M
YoY Change -92.97% 21.19%
Deferred Revenue $194.7K
YoY Change
Short-Term Debt $0.00
YoY Change -100.0%
Long-Term Debt Due $9.200M
YoY Change 10.27%
Total Short-Term Liabilities $589.8K $12.47M
YoY Change -95.27% 3.83%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $121.4K
YoY Change -0.06%
Total Long-Term Liabilities $121.4K
YoY Change -0.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $589.8K $12.47M
Total Long-Term Liabilities $121.4K
Total Liabilities $2.484M $15.46M
YoY Change -83.93% -18.73%
SHAREHOLDERS EQUITY
Retained Earnings -$297.9M -$288.5M
YoY Change 3.26% 9.97%
Common Stock $100.7K $100.1K
YoY Change 0.55% -79.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.986M $2.677M
YoY Change
Total Liabilities & Shareholders Equity $5.470M $18.13M
YoY Change -69.84% -44.98%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $8.931M -$4.063M
YoY Change -319.82% -71.19%
Depreciation, Depletion And Amortization $350.6K
YoY Change 6.46%
Cash From Operating Activities -$2.923M
YoY Change -38.51%
INVESTING ACTIVITIES
Capital Expenditures $99.50K
YoY Change -196.6%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$99.50K
YoY Change -3.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.63K
YoY Change -102.85%
NET CHANGE
Cash From Operating Activities -2.923M
Cash From Investing Activities -99.50K
Cash From Financing Activities 25.63K
Net Change In Cash -2.997M
YoY Change -47.94%
FREE CASH FLOW
Cash From Operating Activities -$2.923M
Capital Expenditures $99.50K
Free Cash Flow -$3.023M
YoY Change -35.01%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity File Number
EntityFileNumber
001-37367
dei Entity Registrant Name
EntityRegistrantName
OPGEN, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
06-1614015
dei Entity Address Address Line1
EntityAddressAddressLine1
23219 Stringtown Road
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 300
dei Entity Address City Or Town
EntityAddressCityOrTown
Clarksburg
dei Entity Address State Or Province
EntityAddressStateOrProvince
MD
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
20871
dei City Area Code
CityAreaCode
240
dei Local Phone Number
LocalPhoneNumber
813-1260
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
OPGN
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CY2024Q3 opgn Gain On Settlement Of Compensation Expenses
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opgn Gain On Settlement Of Compensation Expenses
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CY2024Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2023Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
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us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
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CY2024Q3 opgn Change In Fair Value Of Eib Loan Guaranty
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opgn Change In Fair Value Of Eib Loan Guaranty
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Net Income Loss
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CY2024Q3 opgn Net Income Loss Allocated To Preferred Stockholders Basic
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NetIncomeLossAllocatedToPreferredStockholdersBasic
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CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2024Q3 us-gaap Net Income Loss
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CY2023Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2023Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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EarningsPerShareDiluted
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CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax
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CY2023Q3 us-gaap Comprehensive Income Net Of Tax
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2023Q1 opgn Offering Of Common Stock And Warrants Net Of Issuance Costs
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CY2023Q1 us-gaap Profit Loss
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CY2023Q1 us-gaap Stockholders Equity
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CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2023Q2 opgn Cash Bonus Taken In Form Of Stocks Compensation
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CY2023Q2 opgn Offering Of Common Stock And Warrants Net Of Issuance Costs
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CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2023Q2 us-gaap Profit Loss
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CY2023Q2 us-gaap Stockholders Equity
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CY2023Q3 opgn Offering Of Common Stock And Warrants Net Of Issuance Costs
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CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2023Q3 us-gaap Profit Loss
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CY2023Q3 us-gaap Stockholders Equity
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CY2023Q4 us-gaap Stockholders Equity
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CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2024Q1 opgn Offering Of Preferred Stock And Warrants Net Of Issuance Costs
OfferingOfPreferredStockAndWarrantsNetOfIssuanceCosts
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CY2024Q1 opgn Elimination Of Translation Adjustments Of Previously Dissolved Subsidiaries
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CY2024Q1 us-gaap Profit Loss
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CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2024Q2 opgn Offering Of Preferred Stock And Warrants Net Of Issuance Costs
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CY2024Q2 us-gaap Profit Loss
ProfitLoss
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CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2024Q3 opgn Cash Compensation Taken In Form Of Stock Compensation
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CY2024Q3 opgn Offering Of Preferred Stock And Warrants Net Of Issuance Costs
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CY2024Q3 opgn Issuance Of Common Stock Pursuant To Equity Line Of Credit
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CY2024Q3 us-gaap Profit Loss
ProfitLoss
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CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Accretion Expense
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Inventory Lifo Reserve Period Charge
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opgn Cash Bonus Taken In Form Of Stock Compensation
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opgn Change In Fair Value Of Eib Loan
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Deferred Revenue
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us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
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opgn Proceeds From Issuance Of Common Stock Net Of Issuance Costs
ProceedsFromIssuanceOfCommonStockNetOfIssuanceCosts
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opgn Proceeds From Shortterm Insurance Financing
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us-gaap Repayments Of Debt
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2523 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1454085 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Interest Paid Net
InterestPaidNet
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opgn Rightofuse Assets Acquired Through Operating Leases
RightofuseAssetsAcquiredThroughOperatingLeases
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opgn Purchased Equipment Not Yet Paid For
PurchasedEquipmentNotYetPaidFor
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opgn Settlement Of Deferred Compensation And Severance
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opgn Issuance Of Common Stock Upon Conversion Of Preferred Stock
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us-gaap Proceeds From Issuance Of Convertible Preferred Stock
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us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
5000000.0 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1633166 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2500000 usd
us-gaap Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
2500 usd
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
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opgn Accumulated Other Comprehensive Loss
AccumulatedOtherComprehensiveLoss
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us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
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opgn Incremental Loss
IncrementalLoss
100000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_z0rb91hkItv6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_z9O1kC98oIlg">Use of estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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, stock-based compensation, allowances for doubtful accounts and inventory obsolescence, property and equipment, lease right-of-use assets, discount rates used to discount unpaid lease payments to present values, valuation of derivative financial instruments measured at fair value on a recurring basis, and deferred tax assets and liabilities and related valuation allowance. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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CY2023Q4 us-gaap Restricted Cash
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CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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CashAndCashEquivalentsAtCarryingValue
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CY2023Q4 us-gaap Restricted Cash
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
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AllowanceForDoubtfulAccountsReceivable
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CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2024Q3 us-gaap Inventory Gross
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InventoryLIFOReserve
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CY2024Q3 us-gaap Other Inventory
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OtherInventory
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us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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ResearchAndDevelopmentExpenseFromGovernmentGrant
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CY2024Q3 us-gaap Grants Receivable
GrantsReceivable
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opgn Tax Benefit Percentage
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CY2023Q4 us-gaap Operating Loss Carryforwards
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CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
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CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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PreferredStockDividendsAndOtherAdjustments
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CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5760214 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
877815 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5760214 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
877815 shares
CY2024Q3 us-gaap Amount Of Dilutive Securities Esop Convertible Preferred Stock
AmountOfDilutiveSecuritiesESOPConvertiblePreferredStock
843590 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6603804 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
877815 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.43
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.63
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.63
us-gaap Net Income Loss
NetIncomeLoss
7642696 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7123535 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7642696 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2837744 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
656585 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2837744 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Amount Of Dilutive Securities Esop Convertible Preferred Stock
AmountOfDilutiveSecuritiesESOPConvertiblePreferredStock
733761 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3571505 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
656585 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.51
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-23.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-23.80
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
1200000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
1100000 shares
CY2023Q3 us-gaap Revenues
Revenues
699022 usd
us-gaap Revenues
Revenues
196149 usd
us-gaap Revenues
Revenues
2348601 usd
CY2023Q3 us-gaap Revenues
Revenues
699022 usd
us-gaap Revenues
Revenues
196149 usd
us-gaap Revenues
Revenues
2348601 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
142061 usd
CY2023 us-gaap Contract With Customer Asset Purchase
ContractWithCustomerAssetPurchase
74109 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-144196 usd
CY2023 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-46048 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
25926 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-21096 usd
opgn Refunded To Customers In Current Period
RefundedToCustomersInCurrentPeriod
-4830 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
10873867 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
10873867 usd
CY2023Q4 us-gaap Long Term Debt Current
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10873867 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
5000000.0
CY2019Q2 us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
5000000.0
CY2022Q2 us-gaap Payments For Loans
PaymentsForLoans
700000
CY2023Q2 opgn Aggrement Amount Paid
AggrementAmountPaid
1000000
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InterestExpenseDebt
3238 usd
CY2023Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
396768 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
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InterestExpenseDebt
1698564 usd
CY2024Q2 us-gaap Line Of Credit Facility Average Outstanding Amount
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300926 usd
CY2024Q2 us-gaap Payments For Loans
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31172 usd
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0.0775 pure
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10068111 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10068111 shares
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q3 us-gaap Preferred Stock Share Subscriptions
PreferredStockShareSubscriptions
6999000 shares
CY2024Q3 opgn Preferred Stock Share Undesignated
PreferredStockShareUndesignated
6999000 shares
CY2023Q1 opgn Exercise Price Of Common Warrants
ExercisePriceOfCommonWarrants
26.50
CY2023Q1 opgn Exercise Price Of Pre Funded Warrants
ExercisePriceOfPreFundedWarrants
0.10
CY2023Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
7.785
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
60500 shares
CY2023Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.01
CY2023Q2 opgn Prefunded Warrants In Shares
PrefundedWarrantsInShares
389083 shares
CY2023Q2 opgn Common Warrants Issued
CommonWarrantsIssued
449583 shares
CY2023Q2 opgn Price Per Share Of Common Stock And Accompanying Common Warrant
PricePerShareOfCommonStockAndAccompanyingCommonWarrant
7.785
CY2023Q2 opgn Price Per Share Of Prefunded Warrant And Common Warrant
PricePerShareOfPrefundedWarrantAndCommonWarrant
7.685
CY2023Q2 opgn Gross Proceeds From Equity Transaction
GrossProceedsFromEquityTransaction
3500000 usd
CY2023Q2 opgn Net Proceeds From Issuance Of Common Stock
NetProceedsFromIssuanceOfCommonStock
3000000.0 usd
CY2023Q2 opgn Exercise Price Of Common Warrants
ExercisePriceOfCommonWarrants
7.785
CY2023Q2 opgn Number Of Repriced Warrants To Purchase Shares
NumberOfRepricedWarrantsToPurchaseShares
639691 shares
CY2024Q2 opgn Additional Paid Capital
AdditionalPaidCapital
300000 usd
CY2023Q4 opgn Number Of Warrants Exercised In Shares
NumberOfWarrantsExercisedInShares
200000 shares
CY2023Q4 opgn Gross Proceeds For Warrant Inducement
GrossProceedsForWarrantInducement
2057000.000 usd
CY2023Q4 opgn Shares Of Series D Preferred Stock For Sale
SharesOfSeriesDPreferredStockForSale
1000
CY2023Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.01
CY2023Q4 us-gaap Share Price
SharePrice
4.09
CY2023Q4 opgn Affiliates Holding Percentage
AffiliatesHoldingPercentage
0.1999 pure
CY2023Q4 opgn Warrants Available For Inducement In Shares
WarrantsAvailableForInducementInShares
1089274 shares
CY2023Q4 us-gaap Warrant Exercise Price Increase
WarrantExercisePriceIncrease
7.785
CY2023Q4 opgn Additional Consideration Required Per Share
AdditionalConsiderationRequiredPerShare
0.25
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
1 pure
us-gaap Conversion Of Stock Amount Converted1
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3000000.0 usd
CY2024Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1530 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
-229483 usd
us-gaap Share Based Compensation
ShareBasedCompensation
558158 usd
us-gaap Share Based Compensation
ShareBasedCompensation
138168 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
5813 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
8594 shares
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
4163 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1095517 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1095517 shares
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
832966 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
138 usd
CY2024Q3 opgn Lease Right Of Use Asset
LeaseRightOfUseAsset
832966 usd
CY2023Q4 opgn Lease Right Of Use Asset
LeaseRightOfUseAsset
138 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
167021 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
147943 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
280 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1893794 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2021616 usd
CY2024Q3 opgn Lease Liability
LeaseLiability
2060815 usd
CY2023Q4 opgn Lease Liability
LeaseLiability
2169839 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
90395 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
368179 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
378279 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
388682 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
399388 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1338299 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2963222 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
902407 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
2060815 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
58496 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
176090 usd
us-gaap Lease Cost
LeaseCost
175626 usd
us-gaap Lease Cost
LeaseCost
487060 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y4M24D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.100 pure
us-gaap Operating Lease Payments
OperatingLeasePayments
175488 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
484546 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
280 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2523 usd
opgn Operating Leases
OperatingLeases
801321 usd
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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