2023 Q4 Form 10-Q Financial Statement
#000162828023036564 Filed on November 03, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $141.6K | $109.0K |
YoY Change | 205.88% | 881.55% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $7.688M | $6.800M |
YoY Change | 15.38% | -10.9% |
% of Gross Profit | ||
Research & Development | $10.64M | $5.333M |
YoY Change | 91.53% | 2.88% |
% of Gross Profit | ||
Depreciation & Amortization | $140.5K | $104.3K |
YoY Change | -24.04% | 2.21% |
% of Gross Profit | ||
Operating Expenses | $18.33M | $12.14M |
YoY Change | 50.01% | -5.28% |
Operating Profit | -$12.03M | |
YoY Change | -6.05% | |
Interest Expense | $2.866M | $800.0K |
YoY Change | 168.35% | -22.79% |
% of Operating Profit | ||
Other Income/Expense, Net | $776.4K | |
YoY Change | -488.22% | |
Pretax Income | -$15.32M | -$11.25M |
YoY Change | 33.18% | -5.98% |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$15.32M | -$11.25M |
YoY Change | 33.18% | -5.98% |
Net Earnings / Revenue | -10823.7% | -10325.94% |
Basic Earnings Per Share | -$0.16 | |
Diluted Earnings Per Share | -$0.22 | -$0.16 |
COMMON SHARES | ||
Basic Shares Outstanding | 70.68M shares | 70.60M shares |
Diluted Shares Outstanding | 70.62M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $105.8M | $87.07M |
YoY Change | -17.96% | -36.84% |
Cash & Equivalents | $27.04M | $57.44M |
Short-Term Investments | $78.79M | $29.64M |
Other Short-Term Assets | $3.764M | $4.600M |
YoY Change | 58.21% | 74.21% |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $109.6M | $91.71M |
YoY Change | -16.58% | -34.72% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $768.8K | $856.5K |
YoY Change | -33.03% | -26.14% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $17.63M | $16.10M |
YoY Change | 245.6% | 215.69% |
Other Assets | $209.6K | $248.7K |
YoY Change | -19.76% | -9.73% |
Total Long-Term Assets | $34.43M | $33.32M |
YoY Change | 44.14% | 35.79% |
TOTAL ASSETS | ||
Total Short-Term Assets | $109.6M | $91.71M |
Total Long-Term Assets | $34.43M | $33.32M |
Total Assets | $144.0M | $125.0M |
YoY Change | -7.24% | -24.24% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.703M | $1.217M |
YoY Change | 89.61% | 17.76% |
Accrued Expenses | $6.525M | $6.222M |
YoY Change | 44.85% | 9.18% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $11.47M | $8.663M |
YoY Change | 64.12% | 28.68% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $44.76M | $15.10M |
YoY Change | 179.69% | -7.07% |
Total Long-Term Liabilities | $44.76M | $15.10M |
YoY Change | 179.69% | -7.07% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $11.47M | $8.663M |
Total Long-Term Liabilities | $44.76M | $15.10M |
Total Liabilities | $56.23M | $23.74M |
YoY Change | 144.55% | 3.29% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$277.9M | -$262.5M |
YoY Change | 23.24% | 22.66% |
Common Stock | $70.69K | $70.68K |
YoY Change | 0.32% | -99.98% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $87.80M | $101.3M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $144.0M | $125.0M |
YoY Change | -7.24% | -24.24% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$15.32M | -$11.25M |
YoY Change | 33.18% | -5.98% |
Depreciation, Depletion And Amortization | $140.5K | $104.3K |
YoY Change | -24.04% | 2.21% |
Cash From Operating Activities | -$11.91M | -$10.10M |
YoY Change | 29.82% | -20.32% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $1.220K | $0.00 |
YoY Change | -98.06% | -100.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$48.51M | -$4.300M |
YoY Change | 1081.42% | 121.45% |
Cash From Investing Activities | -$48.52M | -$4.400M |
YoY Change | 1063.59% | 124.45% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 30.03M | 200.0K |
YoY Change | -68983.92% | 145.01% |
NET CHANGE | ||
Cash From Operating Activities | -11.91M | -10.10M |
Cash From Investing Activities | -48.52M | -4.400M |
Cash From Financing Activities | 30.03M | 200.0K |
Net Change In Cash | -30.40M | -14.30M |
YoY Change | 127.02% | -1.75% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$11.91M | -$10.10M |
Capital Expenditures | $1.220K | $0.00 |
Free Cash Flow | -$11.91M | -$10.10M |
YoY Change | 28.95% | -20.21% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | us-gaap |
Liabilities
Liabilities
|
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CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
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CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
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CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2023Q3 | ovid |
Preferred Stock Share Designated
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CY2022Q4 | ovid |
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Preferred Stock Shares Issued
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Preferred Stock Value
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Preferred Stock Value
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Common Stock Par Or Stated Value Per Share
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Common Stock Par Or Stated Value Per Share
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Common Stock Shares Authorized
CommonStockSharesAuthorized
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Common Stock Shares Authorized
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Common Stock Shares Issued
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Common Stock Shares Outstanding
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Common Stock Value
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Retained Earnings Accumulated Deficit
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Retained Earnings Accumulated Deficit
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Stockholders Equity
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Liabilities And Stockholders Equity
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Revenue From Contract With Customer Excluding Assessed Tax
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Research And Development Expense
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Earnings Per Share Basic
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Earnings Per Share Diluted
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Earnings Per Share Diluted
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Weighted Average Number Of Shares Outstanding Basic
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Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Diluted Shares Outstanding
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Income Tax Expense Benefit
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Earnings Per Share Basic
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Weighted Average Number Of Shares Outstanding Basic
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|
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|
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Net Income Loss
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Net Income Loss
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Noncash Consideration Received In Licensing Agreement Transaction
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Noncash Consideration Received In Licensing Agreement Transaction
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Share Based Compensation
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Share Based Compensation
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Increase Decrease In Accounts Payable Trade
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|
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Net Cash Provided By Used In Investing Activities
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Net Cash Provided By Used In Investing Activities
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Proceeds From Stock Options Exercised
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224257 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
12568766 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-129540846 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
46798599 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
189728285 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
59367365 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
60187439 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
15791769 | usd | |
ovid |
Conversion Of Short Term Note Receivable To Long Term Equity Investment
ConversionOfShortTermNoteReceivableToLongTermEquityInvestment
|
0 | usd | |
ovid |
Conversion Of Short Term Note Receivable To Long Term Equity Investment
ConversionOfShortTermNoteReceivableToLongTermEquityInvestment
|
1000000 | usd | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
87100000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
222800000 | usd | |
CY2023Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-262500000 | usd |
CY2023Q3 | ovid |
Working Capital
WorkingCapital
|
83000000 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-33900000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11300000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-37000000 | usd | |
CY2023Q3 | ovid |
Cash Cash Equivalents And Available For Sale Debt Securities Amortized Cost
CashCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCost
|
87075565 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
Use of EstimatesThe preparation of 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 financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ materially from those estimates. | ||
CY2023Q3 | ovid |
Debt Securities Available For Sale Accumulated Gross Unrealized Gain Before Tax Including Cash Equivalents Accumulated Unrealized Holding Gain
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainBeforeTaxIncludingCashEquivalentsAccumulatedUnrealizedHoldingGain
|
0 | usd |
CY2023Q3 | ovid |
Debt Securities Available For Sale Accumulated Gross Unrealized Gain Before Tax Including Cash Equivalents Accumulated Unrealized Holding Loss
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainBeforeTaxIncludingCashEquivalentsAccumulatedUnrealizedHoldingLoss
|
3878 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
87071687 | usd |
CY2023Q3 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
36700000 | usd |
CY2023Q3 | us-gaap |
Cash
Cash
|
809178 | usd |
CY2023Q3 | us-gaap |
Cash
Cash
|
809178 | usd |
CY2023Q3 | ovid |
Cash Equivalents Amortized Cost
CashEquivalentsAmortizedCost
|
56626797 | usd |
CY2023Q3 | ovid |
Cash Equivalents Unrealized Holding Gains
CashEquivalentsUnrealizedHoldingGains
|
0 | usd |
CY2023Q3 | ovid |
Cash Equivalents Unrealized Holding Losses
CashEquivalentsUnrealizedHoldingLosses
|
0 | usd |
CY2023Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
56626797 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
29639590 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
3878 | usd |
CY2023Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
29635712 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
2853042 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
2853042 | usd |
CY2022Q4 | ovid |
Cash Equivalents Amortized Cost
CashEquivalentsAmortizedCost
|
42014804 | usd |
CY2022Q4 | ovid |
Cash Equivalents Unrealized Holding Gains
CashEquivalentsUnrealizedHoldingGains
|
0 | usd |
CY2022Q4 | ovid |
Cash Equivalents Unrealized Holding Losses
CashEquivalentsUnrealizedHoldingLosses
|
0 | usd |
CY2022Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
42014804 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
84175752 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
42187 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
84133565 | usd |
CY2022Q4 | ovid |
Cash Cash Equivalents And Available For Sale Debt Securities Amortized Cost
CashCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCost
|
129043598 | usd |
CY2022Q4 | ovid |
Debt Securities Available For Sale Accumulated Gross Unrealized Gain Before Tax Including Cash Equivalents Accumulated Unrealized Holding Gain
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainBeforeTaxIncludingCashEquivalentsAccumulatedUnrealizedHoldingGain
|
0 | usd |
CY2022Q4 | ovid |
Debt Securities Available For Sale Accumulated Gross Unrealized Gain Before Tax Including Cash Equivalents Accumulated Unrealized Holding Loss
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainBeforeTaxIncludingCashEquivalentsAccumulatedUnrealizedHoldingLoss
|
42187 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
129001411 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd | |
CY2023Q3 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd | |
CY2022Q3 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
899455 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
581381 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
856491 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1147963 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
104323 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
102071 | usd |
us-gaap |
Depreciation
Depreciation
|
318074 | usd | |
us-gaap |
Depreciation
Depreciation
|
187541 | usd | |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
222051 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
222100 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
41316 | usd |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
53348 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
109686 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
139984 | usd | |
CY2022Q1 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P10Y | |
CY2023Q3 | us-gaap |
Land Subject To Ground Leases
LandSubjectToGroundLeases
|
19000 | sqft |
CY2023Q3 | ovid |
Lessee Operating Lease Base Rent
LesseeOperatingLeaseBaseRent
|
2300000 | usd |
CY2022Q1 | ovid |
Lessee Operating Lease Rent Payments Commencement Following This Period
LesseeOperatingLeaseRentPaymentsCommencementFollowingThisPeriod
|
P10M | |
CY2022Q1 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P10Y | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P9Y | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
CY2023Q3 | ovid |
Lease Incremental Borrowing Rate
LeaseIncrementalBorrowingRate
|
0.0702 | |
CY2023Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
14155246 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1224503 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
15073284 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1625425 | usd | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
0 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
0 | usd | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
579076 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2316303 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
2316303 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2316303 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2316303 | usd |
CY2023Q3 | ovid |
Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
|
12347235 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
22191523 | usd |
CY2023Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3837431 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3233802 | usd |
CY2023Q3 | ovid |
Accrued Research And Development
AccruedResearchAndDevelopment
|
1745068 | usd |
CY2022Q4 | ovid |
Accrued Research And Development
AccruedResearchAndDevelopment
|
395247 | usd |
CY2023Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
395813 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
682664 | usd |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
244078 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
192956 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
6222390 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4504669 | usd |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
125000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
ovid |
Common Stock Number Of Votes For Each Share
CommonStockNumberOfVotesForEachShare
|
1 | vote | |
us-gaap |
Dividends
Dividends
|
0 | usd | |
us-gaap |
Dividends
Dividends
|
0 | usd | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1631028 | usd |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1782043 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5496194 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4827072 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5496194 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4827072 | usd | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
12961238 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.13 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y5M1D | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
62158 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
3004500 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.62 | ||
ovid |
Share Based Compensation By Share Based Payment Award Options Granted Contractual Life
ShareBasedCompensationByShareBasedPaymentAwardOptionsGrantedContractualLife
|
P9Y5M8D | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
134905 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.74 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
665956 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
3.52 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
9080083 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
4.54 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P6Y1M9D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
5268442 | usd |
CY2023Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
11200000 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y3M25D | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
CY2022Q3 | ovid |
Collaboration And Option Agreement Research Plan And Budget Expected Costs
CollaborationAndOptionAgreementResearchPlanAndBudgetExpectedCosts
|
3000000 | usd |
CY2023Q2 | ovid |
Collaboration And Option Agreement Research Plan And Budget Expected Costs
CollaborationAndOptionAgreementResearchPlanAndBudgetExpectedCosts
|
3500000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11252386 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11967771 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-37016925 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-42664240 | usd | |
CY2023Q3 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd |
CY2022Q3 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11252386 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11967771 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-37016925 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-42664240 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11252386 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11967771 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-37016925 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-42664240 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
70618609 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
70430554 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
70544536 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
70408657 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
70618609 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
70430554 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
70544536 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
70408657 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.16 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.52 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.61 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.16 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.17 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.52 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.61 |