2019 Q1 Form 10-K Financial Statement
#000149465019000020 Filed on March 06, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q4 | 2018 |
---|---|---|---|
Revenue | $4.476M | $3.020M | $7.065M |
YoY Change | 417.46% | ||
Cost Of Revenue | $738.0K | $720.0K | $1.588M |
YoY Change | 269.0% | ||
Gross Profit | $3.738M | $2.310M | $5.477M |
YoY Change | 462.11% | ||
Gross Profit Margin | 83.51% | 76.49% | 77.52% |
Selling, General & Admin | $26.34M | $23.66M | $95.62M |
YoY Change | -5.97% | 28.0% | 201.65% |
% of Gross Profit | 704.65% | 1024.24% | 1745.81% |
Research & Development | $4.562M | $3.360M | $10.10M |
YoY Change | 168.2% | 177.23% | -40.0% |
% of Gross Profit | 122.04% | 145.45% | 184.39% |
Depreciation & Amortization | $269.0K | $210.0K | $539.0K |
YoY Change | 71.34% | 200.0% | 224.7% |
% of Gross Profit | 7.2% | 9.09% | 9.84% |
Operating Expenses | $31.64M | $27.02M | $105.7M |
YoY Change | 5.78% | 37.19% | 117.84% |
Operating Profit | -$27.16M | -$24.71M | -$100.2M |
YoY Change | -6.48% | 25.46% | 106.55% |
Interest Expense | $2.388M | -$1.690M | $9.229M |
YoY Change | 8.89% | -1636.36% | 914.18% |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $30.00K | $410.0K |
YoY Change | -100.0% | -25.0% | 156.25% |
Pretax Income | -$28.87M | -$26.38M | -$146.2M |
YoY Change | -5.56% | 34.94% | 380.08% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$28.87M | -$26.38M | -$106.7M |
YoY Change | -5.55% | 34.93% | 118.11% |
Net Earnings / Revenue | -645.08% | -873.51% | -1509.67% |
Basic Earnings Per Share | -$2.68 | ||
Diluted Earnings Per Share | -$699.7K | -$639.1K | -$2.68 |
COMMON SHARES | |||
Basic Shares Outstanding | 41.26M shares | 41.23M shares | 39.77M shares |
Diluted Shares Outstanding | 39.77M shares |
Balance Sheet
Concept | 2019 Q1 | 2018 Q4 | 2018 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $171.3M | $201.0M | $201.0M |
YoY Change | -18.35% | -14.43% | -14.43% |
Cash & Equivalents | $171.3M | $201.0M | $201.0M |
Short-Term Investments | |||
Other Short-Term Assets | $3.800M | $2.183M | $2.200M |
YoY Change | 171.43% | 74.08% | 69.23% |
Inventory | $5.716M | $7.132M | $7.100M |
Prepaid Expenses | |||
Receivables | $5.793M | $2.310M | $2.600M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $186.8M | $212.9M | $212.9M |
YoY Change | -13.95% | -10.63% | -10.62% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.715M | $3.884M | $3.900M |
YoY Change | 19.76% | 51.48% | 50.0% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $2.495M | $248.0K | $200.0K |
YoY Change | 538.11% | -38.77% | -50.0% |
Total Long-Term Assets | $6.210M | $4.132M | $4.100M |
YoY Change | 77.78% | 39.17% | 41.38% |
TOTAL ASSETS | |||
Total Short-Term Assets | $186.8M | $212.9M | $212.9M |
Total Long-Term Assets | $6.210M | $4.132M | $4.100M |
Total Assets | $193.0M | $217.0M | $217.0M |
YoY Change | -12.5% | -10.01% | -10.0% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $7.676M | $7.116M | $7.100M |
YoY Change | -4.0% | 20.75% | 20.34% |
Accrued Expenses | $17.68M | $18.42M | $18.40M |
YoY Change | 22.01% | 111.78% | 111.49% |
Deferred Revenue | $0.00 | $160.0K | |
YoY Change | -13.98% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $26.87M | $25.70M | $25.70M |
YoY Change | 19.48% | 73.9% | 73.65% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $72.70M | $72.50M | $72.50M |
YoY Change | 0.97% | 0.89% | 0.83% |
Other Long-Term Liabilities | $1.100M | $200.0K | $200.0K |
YoY Change | |||
Total Long-Term Liabilities | $73.80M | $72.50M | $72.70M |
YoY Change | 2.5% | 0.89% | 1.11% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $26.87M | $25.70M | $25.70M |
Total Long-Term Liabilities | $73.80M | $72.50M | $72.70M |
Total Liabilities | $100.6M | $98.38M | $98.40M |
YoY Change | 6.55% | 13.55% | 13.63% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$346.8M | -$317.9M | |
YoY Change | 43.4% | 50.48% | |
Common Stock | $439.2M | $436.6M | |
YoY Change | 19.33% | 19.33% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $92.35M | $118.6M | $118.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $193.0M | $217.0M | $217.0M |
YoY Change | -12.5% | -10.01% | -10.0% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q4 | 2018 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$28.87M | -$26.38M | -$106.7M |
YoY Change | -5.55% | 34.93% | 118.11% |
Depreciation, Depletion And Amortization | $269.0K | $210.0K | $539.0K |
YoY Change | 71.34% | 200.0% | 224.7% |
Cash From Operating Activities | -$29.69M | -$20.20M | -$91.82M |
YoY Change | 29.12% | 46.27% | 157.33% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $168.0K | -$240.0K | $1.690M |
YoY Change | -56.02% | -80.0% | -29.76% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$168.0K | -$240.0K | -$1.690M |
YoY Change | -56.02% | -80.0% | -29.76% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | $0.00 | ||
YoY Change | |||
Cash From Financing Activities | $188.0K | -80.00K | $59.58M |
YoY Change | -111.1% | -100.04% | -74.77% |
NET CHANGE | |||
Cash From Operating Activities | -$29.69M | -20.20M | -$91.82M |
Cash From Investing Activities | -$168.0K | -240.0K | -$1.690M |
Cash From Financing Activities | $188.0K | -80.00K | $59.58M |
Net Change In Cash | -$29.68M | -20.52M | -$33.86M |
YoY Change | 18.37% | -111.07% | -117.1% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$29.69M | -$20.20M | -$91.82M |
Capital Expenditures | $168.0K | -$240.0K | $1.690M |
Free Cash Flow | -$29.86M | -$19.96M | -$93.51M |
YoY Change | 27.72% | 58.29% | 145.52% |
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|
1701000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
2485000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
55000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
0 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
|
972000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
3493000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
35632000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
52620000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
0 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
409000 | USD |
CY2017 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
230000 | USD |
CY2018 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
645000 | USD |
CY2018 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
1 | |
CY2017 | us-gaap |
Depreciation
Depreciation
|
164000 | USD |
CY2018 | us-gaap |
Depreciation
Depreciation
|
535000 | USD |
CY2017 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
166000 | USD |
CY2018 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
539000 | USD |
CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-5.63 | |
CY2018 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.68 | |
CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-5.63 | |
CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.68 | |
CY2017 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-11000 | USD |
CY2018 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
64000 | USD |
CY2017 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0 | |
CY2018 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.167 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.162 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
-0.154 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
-0.006 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.042 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.008 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.005 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.005 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.008 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.039 | |
CY2017 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
73000 | USD |
CY2018 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-48000 | USD |
CY2017 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD |
CY2018 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD |
CY2017 | us-gaap |
Gross Profit
GrossProfit
|
0 | USD |
CY2018 | us-gaap |
Gross Profit
GrossProfit
|
5477000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-30463000 | USD |
CY2018 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-146247000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-18439000 | USD |
CY2018 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
39589000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-48902000 | USD |
CY2018 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-106658000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | USD |
CY2018 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2310000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
6688000 | USD |
CY2018 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
10150000 | USD |
CY2017 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2013000 | USD |
CY2018 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4698000 | USD |
CY2017 | us-gaap |
Interest Expense
InterestExpense
|
910000 | USD |
CY2018 | us-gaap |
Interest Expense
InterestExpense
|
9229000 | USD |
CY2017 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
CY2018 | us-gaap |
Interest Paid Net
InterestPaidNet
|
8253000 | USD |
CY2017Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
45000 | USD |
CY2018Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
345000 | USD |
CY2017Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
0 | USD |
CY2018Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
2819000 | USD |
CY2017Q4 | us-gaap |
Inventory Gross
InventoryGross
|
2013000 | USD |
CY2018Q4 | us-gaap |
Inventory Gross
InventoryGross
|
7132000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
2013000 | USD |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
7132000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1385000 | USD |
CY2018Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1969000 | USD |
CY2017Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
628000 | USD |
CY2018Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2344000 | USD |
CY2017 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
303000 | USD |
CY2018 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2453000 | USD |
CY2018Q4 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P3Y | |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
86640000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
98378000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
241136000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
216989000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
14777000 | USD |
CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
25697000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
71863000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
72500000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
236125000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
59579000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2406000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1690000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-35680000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-91817000 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-48902000 | USD |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-106658000 | USD |
CY2017 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-61967000 | USD |
CY2018 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-106658000 | USD |
CY2017 | us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
0 | USD |
CY2018 | us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
361000 | USD |
CY2017 | us-gaap |
Operating Expenses
OperatingExpenses
|
48530000 | USD |
CY2018 | us-gaap |
Operating Expenses
OperatingExpenses
|
105717000 | USD |
CY2017 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-48530000 | USD |
CY2018 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-100240000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
3128000 | USD |
CY2017 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
689000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1630000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
391000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1107000 | USD |
CY2018 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
831000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
314000 | USD |
CY2018Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
2183000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
405000 | USD |
CY2018Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
248000 | USD |
CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
435000 | USD |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1254000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-12000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
54000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-12000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
54000 | USD |
CY2017Q4 | us-gaap |
Other Employee Related Liabilities Current And Noncurrent
OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
185000 | USD |
CY2018Q4 | us-gaap |
Other Employee Related Liabilities Current And Noncurrent
OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
359000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
0 | USD |
CY2018Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
181000 | USD |
CY2017 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
2454000 | USD |
CY2018 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | USD |
CY2017 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
13433000 | USD |
CY2018 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
6547000 | USD |
CY2017 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
288000 | USD |
CY2018 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
70000 | USD |
CY2017 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2406000 | USD |
CY2018 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1690000 | USD |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
138000000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
63969000 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
75000000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
|
36712000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
|
0 | USD |
CY2017 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
134000 | USD |
CY2018 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1488000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2919000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5035000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2564000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3884000 | USD |
CY2018Q4 | us-gaap |
Purchase Obligation
PurchaseObligation
|
0 | USD |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
46000 | USD |
CY2018Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
242000 | USD |
CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
16832000 | USD |
CY2018 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
10099000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
21000 | USD |
CY2018Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
21000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-211269000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-317927000 | USD |
CY2017 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
0 | USD |
CY2018 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7065000 | USD |
CY2017 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
31698000 | USD |
CY2018 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
95618000 | USD |
CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5096000 | USD |
CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8543000 | USD |
CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2017 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
237259000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
739000 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
125471000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
59917000 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
-154000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1418000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
154496000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
118611000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-151197000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
154496000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
118611000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
2.8879 | |
CY2017 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
1096000 | USD |
CY2018 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
0 | USD |
CY2017 | us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
11969000 | USD |
CY2018 | us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
0 | USD |
CY2018Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | USD |
CY2018 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
16988000 | USD |
CY2017 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10999121 | shares |
CY2018 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
39765983 | shares |
CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10999121 | shares |
CY2018 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
39765983 | shares |
CY2018 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of credit risk</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash and accounts receivable.The Company generally invests its cash in deposits with high credit quality financial institutions. Additionally, the Company performs periodic evaluations of the relative credit standing of these financial institutions.</font></div></div> | |
CY2018 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Organization and Description of Business</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">OptiNose, Inc. (the Company) was incorporated in Delaware in May 2010 (inception) and has facilities in Yardley, Pennsylvania, Ewing, New Jersey, Oslo, Norway and Swindon, England. The Company's predecessor entity, OptiNose AS, was formed under the laws of Norway in September 2000. In 2010, OptiNose AS became a wholly-owned subsidiary of the Company as part of an internal reorganization.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The Company is a specialty pharmaceutical company focused on the development and commercialization of products for patients treated by ear, nose and throat (ENT) and allergy specialists. The Company's first commercial product, XHANCE</font><font style="font-family:Arial;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">®</sup></font><font style="font-family:Arial;font-size:10pt;"> (fluticasone propionate) nasal spray, 93 mcg, is a therapeutic utilizing its proprietary Optinose Exhalation Delivery System (EDS) that delivers a topically-acting corticosteroid for the treatment of chronic rhinosinusitis with nasal polyps and, if approved, chronic rhinosinusitis without nasal polyps (also known as chronic sinusitis). XHANCE was approved by the United States (US) Food and Drug Administration (FDA) in September 2017 for the treatment of nasal polyps in patients 18 years of age or older, and XHANCE was launched commercially in the US in March 2018.</font></div></div> | |
CY2018 | us-gaap |
Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of expenses during the reporting period. Due to the uncertainty of factors surrounding the estimates or judgments used in the preparation of the consolidated financial statements, actual results may materially vary from these estimates. Estimates and assumptions are periodically reviewed and the effects of revisions are reflected in the consolidated financial statements in the period they are determined to be necessary.</font></div></div> |