2023 Q3 Form 10-Q Financial Statement

#000149315223028578 Filed on August 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $791.0K $166.0K
YoY Change 940.79%
Cost Of Revenue $1.779M $1.685M
YoY Change 9.41%
Gross Profit -$988.0K -$1.519M
YoY Change -36.26%
Gross Profit Margin -124.91% -915.06%
Selling, General & Admin $10.87M $10.99M $16.74M
YoY Change -27.78% -34.33% 92.11%
% of Gross Profit
Research & Development $3.161M $3.469M $6.740M
YoY Change -49.03% -48.53% 58.29%
% of Gross Profit
Depreciation & Amortization $740.0K $747.0K $938.0K
YoY Change 5.71% -20.36% 5111.11%
% of Gross Profit
Operating Expenses $14.04M $14.46M $23.48M
YoY Change -33.98% -38.41% 81.01%
Operating Profit -$15.53M -$16.48M -$23.48M
YoY Change -33.39% -29.79% 81.01%
Interest Expense -$4.460M -$665.0K -$523.0K
YoY Change 1589.39% 27.15%
% of Operating Profit
Other Income/Expense, Net -$6.222M -$1.408M -$5.624M
YoY Change -6.0% -74.96% -1974.67%
Pretax Income -$21.75M -$17.89M -$29.10M
YoY Change -27.34% -38.52% 129.68%
Income Tax
% Of Pretax Income
Net Earnings -$17.67M -$14.54M -$25.53M
YoY Change -32.36% -43.05% 122.52%
Net Earnings / Revenue -2234.01% -8757.23%
Basic Earnings Per Share -$0.16 -$0.14 -$0.29
Diluted Earnings Per Share -$0.16 -$0.14 -$293.5K
COMMON SHARES
Basic Shares Outstanding 111.4M shares 104.5M shares 86.96M shares
Diluted Shares Outstanding 111.9M shares 104.3M shares 86.96M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.99M $41.48M $68.47M
YoY Change -49.0% -39.42% 58.46%
Cash & Equivalents $26.41M $37.16M $65.15M
Short-Term Investments
Other Short-Term Assets $1.440M $1.609M $2.345M
YoY Change 21.72% -31.39% -24.98%
Inventory
Prepaid Expenses
Receivables $36.00K $41.00K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $32.46M $43.13M $70.82M
YoY Change -47.63% -39.1% 52.83%
LONG-TERM ASSETS
Property, Plant & Equipment $1.820M $2.028M $2.253M
YoY Change -23.34% -9.99%
Goodwill
YoY Change
Intangibles $1.929M $2.435M $4.456M
YoY Change -51.16% -45.35%
Long-Term Investments
YoY Change
Other Assets $1.147M $1.079M $1.725M
YoY Change 5.91% -37.45% 66.67%
Total Long-Term Assets $9.559M $10.56M $11.64M
YoY Change -8.84% -9.3% 1024.54%
TOTAL ASSETS
Total Short-Term Assets $32.46M $43.13M $70.82M
Total Long-Term Assets $9.559M $10.56M $11.64M
Total Assets $42.02M $53.68M $82.45M
YoY Change -42.01% -34.89% 74.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.165M $1.162M $4.492M
YoY Change -11.78% -74.13% 19.28%
Accrued Expenses $5.485M $4.946M $2.932M
YoY Change 87.2% 68.69% 87.35%
Deferred Revenue
YoY Change
Short-Term Debt $46.56M $44.42M $30.44M
YoY Change 27.47% 45.9%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $54.51M $50.79M $38.87M
YoY Change 30.05% 30.66% 629.08%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.340M $3.728M $2.183M
YoY Change 67.17% 70.77%
Total Long-Term Liabilities $3.340M $3.728M $2.183M
YoY Change 67.17% 70.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $54.51M $50.79M $38.87M
Total Long-Term Liabilities $3.340M $3.728M $2.183M
Total Liabilities $57.85M $54.51M $41.05M
YoY Change 31.75% 32.8% 828.73%
SHAREHOLDERS EQUITY
Retained Earnings -$278.5M -$260.8M -$181.4M
YoY Change 34.14% 43.73%
Common Stock $120.0K $109.0K $87.00K
YoY Change 30.43% 25.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $548.0K
YoY Change
Treasury Stock Shares
Shareholders Equity -$43.26M -$31.51M $21.98M
YoY Change
Total Liabilities & Shareholders Equity $42.02M $53.68M $82.45M
YoY Change -42.01% -34.89% 74.06%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$17.67M -$14.54M -$25.53M
YoY Change -32.36% -43.05% 122.52%
Depreciation, Depletion And Amortization $740.0K $747.0K $938.0K
YoY Change 5.71% -20.36% 5111.11%
Cash From Operating Activities -$11.09M -$12.79M -$22.56M
YoY Change -42.66% -43.32% 240.45%
INVESTING ACTIVITIES
Capital Expenditures $20.00K $15.00K -$352.0K
YoY Change -106.33% -104.26% 200.85%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$2.200M
YoY Change -100.0% -100.0% 4580.85%
Cash From Investing Activities -$20.00K -$15.00K -$2.552M
YoY Change -98.48% -99.41% 1456.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 360.0K 684.0K 25.53M
YoY Change -97.07% -97.32% 1643.58%
NET CHANGE
Cash From Operating Activities -11.09M -12.79M -22.56M
Cash From Investing Activities -20.00K -15.00K -2.552M
Cash From Financing Activities 360.0K 684.0K 25.53M
Net Change In Cash -10.75M -12.12M 416.0K
YoY Change 28.47% -3012.74% -107.81%
FREE CASH FLOW
Cash From Operating Activities -$11.09M -$12.79M -$22.56M
Capital Expenditures $20.00K $15.00K -$352.0K
Free Cash Flow -$11.11M -$12.80M -$22.21M
YoY Change -41.6% -42.35% 241.16%

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NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 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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CY2023Q2 PAVM Series B Preferred Stock Dividends Income Statement Impact
SeriesBPreferredStockDividendsIncomeStatementImpact
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CY2022Q2 PAVM Series B Preferred Stock Dividends Income Statement Impact
SeriesBPreferredStockDividendsIncomeStatementImpact
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PAVM Series B Preferred Stock Dividends Income Statement Impact
SeriesBPreferredStockDividendsIncomeStatementImpact
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PAVM Series B Preferred Stock Dividends Income Statement Impact
SeriesBPreferredStockDividendsIncomeStatementImpact
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CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14612000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-25595000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-32617000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-42535000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
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CY2023Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Diluted
NetLossAttributableToCommonStockholdersPerShareDiluted
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CY2022Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
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CY2022Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Diluted
NetLossAttributableToCommonStockholdersPerShareDiluted
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PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
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PAVM Net Loss Attributable To Common Stockholders Per Share Diluted
NetLossAttributableToCommonStockholdersPerShareDiluted
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PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
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PAVM Net Loss Attributable To Common Stockholders Per Share Diluted
NetLossAttributableToCommonStockholdersPerShareDiluted
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104349822 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86957352 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86957352 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100742530 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100742530 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q2 PAVM Stock Issued During Period Value Atm Facility
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CY2023Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
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1090000 usd
CY2023Q2 PAVM Stockbased Compensation Majorityowned Subsidiary
StockbasedCompensationMajorityownedSubsidiary
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CY2023Q2 us-gaap Profit Loss
ProfitLoss
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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PAVM Stock Issued During Period Value Atm Facility
StockIssuedDuringPeriodValueATMFacility
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PAVM Issue Common Stock Upon Partial Conversions Of Senior Secured Convertible Note
IssueCommonStockUponPartialConversionsOfSeniorSecuredConvertibleNote
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
182000 usd
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
276000 usd
PAVM Issuance Majorityowned Subsidiary Common Stock Committed Equity Facility Net Of Deferred Financing Charges
IssuanceMajorityownedSubsidiaryCommonStockCommittedEquityFacilityNetOfDeferredFinancingCharges
284000 usd
PAVM Issuance Majorityowned Subsidiary Common Stock Settlement Apardx Installment Payment
IssuanceMajorityownedSubsidiaryCommonStockSettlementApardxInstallmentPayment
713000 usd
PAVM Issuance Vendor Service Agreement
IssuanceVendorServiceAgreement
749000 usd
PAVM Issuance Majorityowned Subsidiary Preferred Stock
IssuanceMajorityownedSubsidiaryPreferredStock
13625000 usd
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
2288000 usd
PAVM Stockbased Compensation Majorityowned Subsidiary
StockbasedCompensationMajorityownedSubsidiary
4638000 usd
us-gaap Profit Loss
ProfitLoss
-40106000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-830000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
64733000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-1000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
61000 usd
CY2022Q2 PAVM Adjustment To Additional Paid In Capital Issue Common Stock Of Majorityowned Subsidiary
AdjustmentToAdditionalPaidInCapitalIssueCommonStockOfMajorityownedSubsidiary
501000 usd
CY2022Q2 PAVM Stock Issued During The Periof Of New Issue Impact Of Subsidiary Equity Transactions
StockIssuedDuringThePeriofOfNewIssueImpactOfSubsidiaryEquityTransactions
241000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
1449000 usd
CY2022Q2 PAVM Stockbased Compensation Majorityowned Subsidiary
StockbasedCompensationMajorityownedSubsidiary
3557000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
-36000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-29101000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
41404000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
79418000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
79418000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-1000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
303000 usd
PAVM Adjustment To Additional Paid In Capital Issue Common Stock Of Majorityowned Subsidiary
AdjustmentToAdditionalPaidInCapitalIssueCommonStockOfMajorityownedSubsidiary
688000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
217000 usd
PAVM Stock Issued During The Periof Of New Issue Impact Of Subsidiary Equity Transactions
StockIssuedDuringThePeriofOfNewIssueImpactOfSubsidiaryEquityTransactions
241000 usd
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
2726000 usd
PAVM Stockbased Compensation Majorityowned Subsidiary
StockbasedCompensationMajorityownedSubsidiary
7094000 usd
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
-548000 usd
us-gaap Profit Loss
ProfitLoss
-48734000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
41404000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
41404000 usd
us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1474000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1031000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6926000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9820000 usd
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
1000000 usd
PAVM Issuance Of Common Stock Installment Settlement Payment
IssuanceOfCommonStockInstallmentSettlementPayment
713000 usd
PAVM Issuance Of Common Stock Installment Settlement Payment
IssuanceOfCommonStockInstallmentSettlementPayment
239000 usd
PAVM Issue Common Stock Vendor Service Agreement
IssueCommonStockVendorServiceAgreement
625000 usd
PAVM Change In Fair Value Senior Secured Convertible Note
ChangeInFairValueSeniorSecuredConvertibleNote
1380000 usd
PAVM Change In Fair Value Senior Secured Convertible Note
ChangeInFairValueSeniorSecuredConvertibleNote
2000000 usd
PAVM Loss On Issue And Offering Costs Senior Secured Convertible Note
LossOnIssueAndOfferingCostsSeniorSecuredConvertibleNote
1111000 usd
PAVM Loss On Issue And Offering Costs Senior Secured Convertible Note
LossOnIssueAndOfferingCostsSeniorSecuredConvertibleNote
2500000 usd
us-gaap Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
-1268000 usd
PAVM Change In Fair Value Derivative Liability
ChangeInFairValueDerivativeLiability
260000 usd
us-gaap Other Noncash Expense
OtherNoncashExpense
192000 usd
us-gaap Other Noncash Expense
OtherNoncashExpense
57000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
24000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-200000 usd
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
1592000 usd
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
1665000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1541000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1057000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1241000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-1326000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-29073000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-34821000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
41000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
926000 usd
us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
1000000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2200000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
959000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3126000 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
13625000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
10000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
25000000 usd
PAVM Proceeds From Issuance Of Common Stock At The Market Facility
ProceedsFromIssuanceOfCommonStockAtTheMarketFacility
1166000 usd
PAVM Proceeds Majorityowned Subsidiary Common Stock Atthemarket Facility
ProceedsMajorityownedSubsidiaryCommonStockAtthemarketFacility
284000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
303000 usd
PAVM Proceeds From Issue Of Common Stock Employee Stock Purchase Plan
ProceedsFromIssueOfCommonStockEmployeeStockPurchasePlan
182000 usd
PAVM Proceeds From Issue Of Common Stock Employee Stock Purchase Plan
ProceedsFromIssueOfCommonStockEmployeeStockPurchasePlan
217000 usd
PAVM Proceeds Majorityowned Subsidiary Common Stock Employee Stock Purchase Plan
ProceedsMajorityownedSubsidiaryCommonStockEmployeeStockPurchasePlan
276000 usd
PAVM Proceeds From Exercise Of Stock Options Issued Under Equity Plan Of Majority Owned Subsidiary
ProceedsFromExerciseOfStockOptionsIssuedUnderEquityPlanOfMajorityOwnedSubsidiary
688000 usd
PAVM Purchase Treasury Stock Payment Of Employee Payroll Tax Obligation In Connection With Stockbased Compensation
PurchaseTreasuryStockPaymentOfEmployeePayrollTaxObligationInConnectionWithStockbasedCompensation
366000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25533000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25842000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2581000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-12105000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
39744000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
77258000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
37163000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
65153000 usd
us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_805_eus-gaap--NatureOfOperations_zYzhlhfn1AJl" 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; color: Black"><b>Note 1 — <span id="xdx_828_zHsmTlEsV5ml">The Company</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; color: Black"> </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; color: Black"><i>Description of the Business</i></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; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">PAVmed Inc. and Subsidiaries, referred to herein as “PAVmed” or the “Company,” is comprised of PAVmed Inc. and its wholly-owned subsidiary and its majority-owned subsidiaries, inclusive of Lucid Diagnostics Inc. (“Lucid Diagnostics” or “Lucid”) and Veris Health Inc. (“Veris Health” or “Veris”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">PAVmed is a diversified commercial-stage medical technology company operating in the medical device, diagnostics, and digital health sectors, including through Lucid Diagnostics, a commercial-stage cancer prevention diagnostics company, and Veris Health, a private digital health company focused on enhanced personalized cancer care through remote patient monitoring using implantable biologic sensors with wireless communication along with a custom suite of connected external devices. The Company’s current central focus is on the commercialization of Lucid’s EsoGuard assay and Veris Health’s Veris Cancer Care Platform. As resources permit, we will continue to explore internal and external innovations that fulfill our project selection criteria without limiting ourselves to any target specialty or condition.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">The Company has financed its operations principally through public and private issuances of its common stock, preferred stock, common stock purchase warrants, and debt. The Company is subject to all of the risks and uncertainties typically faced by medical device and diagnostic companies that devote substantially all of their efforts to the commercialization of their initial product and services and ongoing research and development activities and conducting clinical trials. The Company expects to continue to experience recurring losses from operations and will continue to fund its operations with debt and equity financing transactions. Notwithstanding, however, with the cash on-hand as of the date hereof and other debt and equity committed sources of financing, the Company expects to be able to fund its operations for one year from the date of the issue of the Company’s consolidated financial statements included herein in the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2023.</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; color: Black"> </span></p>
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_845_eus-gaap--UseOfEstimates_z0mptfxJPy54" 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; color: Black"><b><span id="xdx_86D_zKClkOZNaggi">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; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">In preparing the unaudited condensed consolidated financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and the determination of corresponding carrying value reserve, if any, and liabilities and the disclosure of contingent losses, as of the date of the consolidated financial statements, as well as the reported amounts of revenue and expenses during the reporting period. Significant estimates in these unaudited condensed consolidated financial statements include those related to the estimated fair value of debt obligations, stock-based equity awards, intangible assets and common stock purchase warrants. Other significant estimates include the estimated incremental borrowing rate, the provision or benefit for income taxes and the corresponding valuation allowance on deferred tax assets. Additionally, management’s assessment of the Company’s ability to continue as a going concern involves the estimation of the amount and timing of future cash inflows and outflows. On an ongoing basis, the Company evaluates its estimates and assumptions. The Company bases its estimates on historical experience and on various other assumptions believed to be reasonable. Due to inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_846_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zpkqBI2CR3lj" 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; color: Black"><b><span id="xdx_865_zv0579zaVQ7b">Reclassifications</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; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Certain prior-year amounts have been reclassified to conform to the current year presentation, which includes presenting costs of revenue within operating expenses on the statements of operations, in the unaudited condensed consolidated financial statements and accompanying notes to the unaudited condensed consolidated financial statements. The impact of the reclassifications made to prior year amounts is not material and did not affect net loss.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b> </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; color: Black"><b>Note 2 — Summary of Significant Accounting Policies</b> - continued</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; color: Black"><b> </b></span></p>
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
166000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
612000 usd
PAVM Monthly Fees
MonthlyFees
100000 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
1685000 usd
us-gaap Cost Of Revenue
CostOfRevenue
3030000 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
0 usd
us-gaap Cost Of Revenue
CostOfRevenue
369000 usd
CY2023Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
71000 usd
CY2022Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
543000 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
718000 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
882000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
650000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1010000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
773000 usd
CY2023Q2 us-gaap Debt Instrument Repaid Principal
DebtInstrumentRepaidPrincipal
42000 usd
CY2023Q2 PAVM Debt Instruments Fair Value
DebtInstrumentsFairValue
340000 usd
CY2023Q2 PAVM Prepaid Service Providers And Suppliers
PrepaidServiceProvidersAndSuppliers
567000 usd
CY2022Q4 PAVM Prepaid Service Providers And Suppliers
PrepaidServiceProvidersAndSuppliers
599000 usd
CY2023Q2 us-gaap Prepaid Insurance
PrepaidInsurance
799000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
300000 usd
CY2023Q2 us-gaap Security Deposit
SecurityDeposit
4314000 usd
CY2022Q4 us-gaap Security Deposit
SecurityDeposit
3005000 usd
CY2023Q2 PAVM Esocheck Cell Collection Prepaid Supplies
EsocheckCellCollectionPrepaidSupplies
39000 usd
CY2022Q4 PAVM Esocheck Cell Collection Prepaid Supplies
EsocheckCellCollectionPrepaidSupplies
59000 usd
CY2023Q2 PAVM Esoguard Mailer Prepaid Supplies
EsoguardMailerPrepaidSupplies
3000 usd
CY2022Q4 PAVM Esoguard Mailer Prepaid Supplies
EsoguardMailerPrepaidSupplies
52000 usd
CY2023Q2 PAVM Veris Box Supplies
VerisBoxSupplies
201000 usd
CY2022Q4 PAVM Veris Box Supplies
VerisBoxSupplies
150000 usd
CY2023Q2 PAVM Prepaid Expense Deposits And Other Assets Current
PrepaidExpenseDepositsAndOtherAssetsCurrent
5923000 usd
CY2022Q4 PAVM Prepaid Expense Deposits And Other Assets Current
PrepaidExpenseDepositsAndOtherAssetsCurrent
4165000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
844000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1825000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
835000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
787000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
617000 usd
CY2023Q2 PAVM Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
1319000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6227000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1072000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
5155000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
44300000 usd
CY2023Q1 PAVM Other Income Expense Change In Fair Value
OtherIncomeExpenseChangeInFairValue
1040000 usd
CY2023Q2 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
1608000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
705000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
483000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2689000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3633000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M21D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07875 pure
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07875 pure
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5014000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3037000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
5155000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2987000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1427000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1141000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3728000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1846000 usd
CY2022Q3 us-gaap Payments For Rent
PaymentsForRent
3200000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5375000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5375000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2940000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1930000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2435000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3445000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
505000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1011000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
688000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
421000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
315000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2435000 usd
CY2023Q2 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
43250000 usd
CY2022Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
33650000 usd
CY2023Q2 PAVM Fair Value Measurements Description
FairValueMeasurementsDescription
is equal-to or greater than $750, then no further contractual consideration is required. However, if such fair market value is less than $750, then, the Company will incur an additional contractual consideration obligation in amount equal to the difference between the required minimum fair market value of $750 and the contractual formula based computed fair market value
CY2023Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
262000 usd
CY2023Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
260000 usd
CY2023Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
262000 usd
CY2023Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
260000 usd
CY2023Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
40915000 usd
CY2023Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
42990000 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
32747000 usd
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
33650000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
33650000 usd
CY2023Q1 us-gaap Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
11111000 usd
CY2023Q1 PAVM Fair Value Adjustment Issue Date
FairValueAdjustmentIssueDate
789000 usd
CY2023Q1 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
1335000 usd
CY2023Q1 us-gaap Debt Instrument Repaid Principal
DebtInstrumentRepaidPrincipal
166000 usd
CY2023Q1 PAVM Debt Instruments Fair Value
DebtInstrumentsFairValue
251000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
44300000 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
42990000 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
42990000 usd
CY2023Q2 PAVM Other Income Expense Change In Fair Value
OtherIncomeExpenseChangeInFairValue
340000 usd
PAVM Other Income Expense Change In Fair Value
OtherIncomeExpenseChangeInFairValue
1380000 usd
CY2023Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2507000 usd
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
5007000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6926000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9820000 usd
CY2022Q4 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
the Company received a notice from the Listing Qualifications Department of Nasdaq stating that, for the prior 30 consecutive business days (through December 28, 2022), the closing bid price of the Company’s common stock had been below the minimum of $1 per share required for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). The notification letter stated that the Company would be afforded 180 calendar days (until June 27, 2023) to regain compliance. On June 28, 2023, the Company received a second notice from the Listing Qualifications Department of Nasdaq granting the Company a 180-day extension (or until December 26, 2023) to regain compliance with the minimum bid price requirement. In order to regain compliance, the closing bid price of the Company’s common stock must be at least $1 for a minimum of ten consecutive business days
CY2023Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
the Company’s Certificate of Incorporation, to effect, at any time prior to the one-year anniversary date of the Special Meeting, (i) a reverse split of the Company’s outstanding shares of common stock at a specific ratio, ranging from 1-for-5 to 1-for-15, to be determined by the board of directors of the Company in its sole discretion, and (ii) an associated reduction in the number of shares of common stock the Company is authorized to issue, from 250,000,000 shares to 50,000,000 shares. If the Company’s board of directors authorizes the Company to consummate the reverse stock split, the Company anticipates it will regain compliance with the Nasdaq requirements for continued listing through such transaction
PAVM Stock Issued During Period Share Atm Facilities
StockIssuedDuringPeriodShareATMFacilities
2330747 shares
PAVM Stock Issued During Period Value Atm Facilities
StockIssuedDuringPeriodValueATMFacilities
1165000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
20615000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-7638000 usd
PAVM Impact Of Subsidiary Equity Transactions
ImpactOfSubsidiaryEquityTransactions
-1332000 usd
PAVM Issuance Majorityowned Subsidiary Preferred Stock
IssuanceMajorityownedSubsidiaryPreferredStock
13625000 usd
PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value One
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueOne
284000 usd
PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Two
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueTwo
713000 usd
PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Three
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueThree
147000 usd
PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Four
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueFour
276000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3982000 usd
PAVM Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Values
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValues
10000 usd
CY2023Q2 us-gaap Minority Interest
MinorityInterest
30682000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-17892000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-29101000 usd
us-gaap Profit Loss
ProfitLoss
-40106000 usd
us-gaap Profit Loss
ProfitLoss
-48734000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3355000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3576000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-7638000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-6337000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-14537000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-25525000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32468000 usd
us-gaap Net Income Loss
NetIncomeLoss
-42397000 usd
CY2023Q2 PAVM Preferred Stock Dividends Series B
PreferredStockDividendsSeriesB
-75000 usd
CY2022Q2 PAVM Preferred Stock Dividends Series B
PreferredStockDividendsSeriesB
-70000 usd
PAVM Preferred Stock Dividends Series B
PreferredStockDividendsSeriesB
-149000 usd
PAVM Preferred Stock Dividends Series B
PreferredStockDividendsSeriesB
-138000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14612000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-25595000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-32617000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-42535000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104349822 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104349822 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86957352 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86957352 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100742530 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100742530 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86689857 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86689857 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104349822 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86957352 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100742530 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86689857 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.49
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.49
CY2023Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
-0.14
CY2023Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Diluted
NetLossAttributableToCommonStockholdersPerShareDiluted
-0.14
CY2022Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
-0.29
CY2022Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Diluted
NetLossAttributableToCommonStockholdersPerShareDiluted
-0.29
PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
-0.32
PAVM Net Loss Attributable To Common Stockholders Per Share Diluted
NetLossAttributableToCommonStockholdersPerShareDiluted
-0.32
PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
-0.49
PAVM Net Loss Attributable To Common Stockholders Per Share Diluted
NetLossAttributableToCommonStockholdersPerShareDiluted
-0.49
CY2023Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
-0.14
CY2022Q2 PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
-0.29
PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
-0.32
PAVM Net Loss Attributable To Common Stockholders Per Share Basic
NetLossAttributableToCommonStockholdersPerShareBasic
-0.49
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
31589353 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25273806 shares

Files In Submission

Name View Source Status
pavm-20230630_lab.xml Edgar Link unprocessable
pavm-20230630_def.xml Edgar Link unprocessable
pavm-20230630_cal.xml Edgar Link unprocessable
0001493152-23-028578-index-headers.html Edgar Link pending
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0001493152-23-028578.txt Edgar Link pending
0001493152-23-028578-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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