2024 Q1 Form 10-K Financial Statement

#000149315224011172 Filed on March 25, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.000M $1.049M $2.500M
YoY Change 124.22% 836.61% 563.13%
Cost Of Revenue $1.744M $1.611M $6.420M
YoY Change 29.57% -0.43% 77.64%
Gross Profit -$744.0K -$562.0K -$3.920M
YoY Change -17.33% -62.68% 21.1%
Gross Profit Margin -74.4% -53.57% -156.8%
Selling, General & Admin $10.99M $11.72M $48.53M
YoY Change -24.51% -25.9% -19.6%
% of Gross Profit
Research & Development $1.941M $3.595M $14.28M
YoY Change -56.27% -46.13% -44.12%
% of Gross Profit
Depreciation & Amortization $586.0K $722.0K $2.932M
YoY Change -19.39% -0.55% 19.33%
% of Gross Profit
Operating Expenses $12.93M $15.82M $62.81M
YoY Change -31.93% -31.21% -26.89%
Operating Profit -$14.04M -$16.38M -$68.80M
YoY Change -31.2% -33.14% -24.34%
Interest Expense -$2.107M -$275.0K -$6.500M
YoY Change 91.2% -213.17% 155.4%
% of Operating Profit
Other Income/Expense, Net -$4.476M $0.00 -$10.47M
YoY Change 146.88% -14.97%
Pretax Income -$18.51M -$17.41M -$79.26M
YoY Change -16.67% -29.16% -23.22%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$15.21M -$15.91M -$64.18M
YoY Change -15.16% -22.54% -27.88%
Net Earnings / Revenue -1521.2% -1516.21% -2567.0%
Basic Earnings Per Share -$2.62 -$9.16
Diluted Earnings Per Share -$2.62 -$1.98 -$9.16
COMMON SHARES
Basic Shares Outstanding 9.172M shares 120.8M shares 7.232M shares
Diluted Shares Outstanding 8.695M shares 7.232M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.88M $22.31M $22.31M
YoY Change -47.2% -47.81% -47.81%
Cash & Equivalents $25.54M $19.64M $2.672M
Short-Term Investments
Other Short-Term Assets $1.214M $1.848M $1.848M
YoY Change 20.92% 59.31% 59.31%
Inventory $410.0K $278.0K $278.0K
Prepaid Expenses
Receivables $67.00K $61.00K $61.00K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $29.57M $24.50M $24.50M
YoY Change -45.07% -44.23% -44.23%
LONG-TERM ASSETS
Property, Plant & Equipment $1.595M $1.783M $6.050M
YoY Change -29.27% -27.25% 10.24%
Goodwill
YoY Change
Intangibles $1.052M $1.424M
YoY Change -64.22% -58.66%
Long-Term Investments
YoY Change
Other Assets $1.147M $1.147M $1.147M
YoY Change 6.3% 2.32% 2.32%
Total Long-Term Assets $7.680M $8.621M $8.621M
YoY Change -32.9% -14.25% -14.25%
TOTAL ASSETS
Total Short-Term Assets $29.57M $24.50M $24.50M
Total Long-Term Assets $7.680M $8.621M $8.621M
Total Assets $37.25M $33.12M $33.12M
YoY Change -42.94% -38.65% -38.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.485M $1.786M $1.786M
YoY Change 18.04% -33.95% -33.95%
Accrued Expenses $6.657M $6.626M $7.414M
YoY Change 78.76% 78.84% 100.11%
Deferred Revenue
YoY Change
Short-Term Debt $45.54M $44.20M $44.20M
YoY Change -0.05% 27.04% 27.04%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $55.02M $54.18M $54.18M
YoY Change 8.84% 31.5% 31.5%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.814M $2.960M $2.960M
YoY Change -28.51% 60.35% 60.35%
Total Long-Term Liabilities $2.814M $2.960M $2.960M
YoY Change -28.51% 60.35% 60.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $55.02M $54.18M $54.18M
Total Long-Term Liabilities $2.814M $2.960M $2.960M
Total Liabilities $57.83M $57.14M $86.95M
YoY Change 6.14% 32.73% 36.58%
SHAREHOLDERS EQUITY
Retained Earnings -$309.7M -$294.4M
YoY Change 25.82% 29.04%
Common Stock $9.000K $9.000K
YoY Change -91.09% -90.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$68.78M -$53.83M -$53.83M
YoY Change
Total Liabilities & Shareholders Equity $37.25M $33.12M $33.12M
YoY Change -42.94% -38.65% -38.65%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$15.21M -$15.91M -$64.18M
YoY Change -15.16% -22.54% -27.88%
Depreciation, Depletion And Amortization $586.0K $722.0K $2.932M
YoY Change -19.39% -0.55% 19.33%
Cash From Operating Activities -$13.10M -$11.88M -$52.00M
YoY Change -19.57% -29.41% -26.75%
INVESTING ACTIVITIES
Capital Expenditures $42.00K $182.0K $242.0K
YoY Change 61.54% -38.93% -84.29%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $1.000M
YoY Change -100.0% -131.25%
Cash From Investing Activities -$42.00K -$182.0K $758.0K
YoY Change -104.31% -38.93% -115.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.533M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $19.05M 5.283M $31.17M
YoY Change -23.35% 6503.75% -18.42%
NET CHANGE
Cash From Operating Activities -$13.10M -11.88M -$52.00M
Cash From Investing Activities -$42.00K -182.0K $758.0K
Cash From Financing Activities $19.05M 5.283M $31.17M
Net Change In Cash $5.897M -6.775M -$20.11M
YoY Change -38.16% -60.24% -46.41%
FREE CASH FLOW
Cash From Operating Activities -$13.10M -$11.88M -$52.00M
Capital Expenditures $42.00K $182.0K $242.0K
Free Cash Flow -$13.14M -$12.06M -$52.24M
YoY Change -19.44% -29.57% -27.97%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001624326
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
usd
CY2022 PAVM Change In Fair Value Derivative Liability
ChangeInFairValueDerivativeLiability
usd
CY2022 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022 PAVM Deemed Dividend On Series Z Warrant Modification
DeemedDividendOnSeriesZWarrantModification
usd
CY2023 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
usd
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
CY2023 PAVM Stock Issued During The Periof Of New Issue Impact Of Subsidiary Equity Transactions
StockIssuedDuringThePeriofOfNewIssueImpactOfSubsidiaryEquityTransactions
usd
CY2023 PAVM Stock Issued During Period Value Reverse Stock Splits
StockIssuedDuringPeriodValueReverseStockSplits
usd
CY2023 PAVM Incremental Value From Z Warrant Modification
IncrementalValueFromZWarrantModification
usd
CY2023 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
usd
CY2022 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
CY2022 PAVM Issue Common Stock Exercise Series Z Warrants Value
IssueCommonStockExerciseSeriesZWarrantsValue
usd
CY2022 PAVM Stock Issued During The Periof Of New Issue Impact Of Subsidiary Equity Transactions
StockIssuedDuringThePeriofOfNewIssueImpactOfSubsidiaryEquityTransactions
usd
CY2022 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
usd
CY2022 PAVM Issue Common Stock Vendor Service Agreement
IssueCommonStockVendorServiceAgreement
usd
CY2022 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
usd
CY2022 PAVM Repayment Of Senior Secured Convertible Note Acceleration Floor Payments
RepaymentOfSeniorSecuredConvertibleNoteAccelerationFloorPayments
usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
usd
CY2023 PAVM Proceeds From Exercise Of Stock Options Issued Under Equity Plan Of Majority Owned Subsidiary
ProceedsFromExerciseOfStockOptionsIssuedUnderEquityPlanOfMajorityOwnedSubsidiary
usd
CY2023 PAVM Purchase Treasury Stock Payment Of Employee Payroll Tax Obligation In Connection With Stockbased Compensation
PurchaseTreasuryStockPaymentOfEmployeePayrollTaxObligationInConnectionWithStockbasedCompensation
usd
CY2023Q4 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
usd
CY2022 PAVM Issuance Majorityowned Subsidiary Preferred Stock
IssuanceMajorityownedSubsidiaryPreferredStock
usd
CY2022 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Three
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueThree
usd
CY2023 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValue
usd
CY2022 PAVM Issue Common Stock Upon Partial Conversions Of Majority Owned Subsidiary Common Senior Secured Convertible Note
IssueCommonStockUponPartialConversionsOfMajorityOwnedSubsidiaryCommonSeniorSecuredConvertibleNote
usd
CY2023 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
pure
CY2022 PAVM Effective Income Tax Rate Reconciliation Federal Deferred True Up
EffectiveIncomeTaxRateReconciliationFederalDeferredTrueUp
pure
CY2022 PAVM Effective Income Tax Rate Reconciliation State Deferred True Up
EffectiveIncomeTaxRateReconciliationStateDeferredTrueUp
pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
usd
CY2023Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Patent Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedPatentCosts
usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Patent Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedPatentCosts
usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022 PAVM Deemed Dividend On Series Z Warrant Modification
DeemedDividendOnSeriesZWarrantModification
usd
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
38600000 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9172331 shares
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023 dei Auditor Firm
AuditorFirmId
688
CY2023 dei Auditor Name
AuditorName
Marcum LLP
CY2023 dei Auditor Location
AuditorLocation
New York, NY
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19639000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39744000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
61000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
278000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
111000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4520000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4054000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
24498000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
43926000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1783000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2451000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4267000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3037000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1424000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3445000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1147000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1121000 usd
CY2023Q4 us-gaap Assets
Assets
33119000 usd
CY2022Q4 us-gaap Assets
Assets
53980000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1786000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2704000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6626000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3705000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1565000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1141000 usd
CY2023Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
44200000 usd
CY2022Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
33650000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
54177000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
41200000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2960000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1846000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
57137000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
43046000 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
2993000 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
2695000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8578505 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6300703 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
9000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
6000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
237600000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
216195000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-294433000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-228169000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
408000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-53831000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-9681000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
29813000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
20615000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-24018000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10934000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
33119000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
53980000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2452000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
377000 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
6420000 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
3614000 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
17583000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
19318000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30947000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
41410000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1784000 usd
CY2023 us-gaap Interest Income Operating
InterestIncomeOperating
505000 usd
CY2022 us-gaap Interest Income Operating
InterestIncomeOperating
169000 usd
CY2023 us-gaap Interest Expense Debt
InterestExpenseDebt
589000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
1281000 usd
CY2023 PAVM Change In Fair Value Senior Secured Convertible Note
ChangeInFairValueSeniorSecuredConvertibleNote
6026000 usd
CY2022 PAVM Change In Fair Value Senior Secured Convertible Note
ChangeInFairValueSeniorSecuredConvertibleNote
1273000 usd
CY2023 PAVM Loss On Issue And Offering Cost Senior Secured Convertible Note
LossOnIssueAndOfferingCostSeniorSecuredConvertibleNote
1186000 usd
CY2022 PAVM Loss On Issue And Offering Cost Senior Secured Convertible Note
LossOnIssueAndOfferingCostSeniorSecuredConvertibleNote
4332000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
-3782000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
-5434000 usd
CY2023 PAVM Change In Fair Value Derivative Liability
ChangeInFairValueDerivativeLiability
390000 usd
CY2023 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
1000000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10468000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12151000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-79263000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-103238000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-79263000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-103238000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-15088000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-14255000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-64175000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-88983000 usd
CY2023 PAVM Deemed Dividend On Series Z Warrant Modification
DeemedDividendOnSeriesZWarrantModification
-1791000 usd
CY2023 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
304000 usd
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
281000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-66270000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-89264000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-9.16
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-9.16
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-15.03
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-15.03
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7231546 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7231546 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5938406 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5938406 shares
CY2023Q4 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-15 reverse stock split
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10934000 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1824000 usd
CY2023 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
10002000 usd
CY2023 PAVM Issue Common Stock Upon Partial Conversions Of Majority Owned Subsidiary Common Senior Secured Convertible Note
IssueCommonStockUponPartialConversionsOfMajorityOwnedSubsidiaryCommonSeniorSecuredConvertibleNote
167000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
258000 usd
CY2023 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
551000 usd
CY2023 PAVM Issuance Majorityowned Subsidiary Common Stock At The Market Facility Net Of Financing Charges
IssuanceMajorityownedSubsidiaryCommonStockAtTheMarketFacilityNetOfFinancingCharges
284000 usd
CY2023 PAVM Issuance Majorityowned Subsidiary Common Stock Settlement Apardx Installment Payment
IssuanceMajorityownedSubsidiaryCommonStockSettlementApardxInstallmentPayment
713000 usd
CY2023 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
748000 usd
CY2023 PAVM Issuance Majorityowned Subsidiary Preferred Stock
IssuanceMajorityownedSubsidiaryPreferredStock
18625000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
4255000 usd
CY2023 PAVM Stockbased Compensation Majorityowned Subsidiary
StockbasedCompensationMajorityownedSubsidiary
6884000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-79263000 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
CY2022 PAVM Stock Issued During Period Value Atm Facility
StockIssuedDuringPeriodValueATMFacility
79000 usd
CY2022 PAVM Issue Common Stock Upon Partial Conversions Of Senior Secured Convertible Note
IssueCommonStockUponPartialConversionsOfSeniorSecuredConvertibleNote
11807000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
302000 usd
CY2022 PAVM Adjustment To Additional Paid In Capital Issue Common Stock Of Majorityowned Subsidiary
AdjustmentToAdditionalPaidInCapitalIssueCommonStockOfMajorityownedSubsidiary
695000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
358000 usd
CY2022 PAVM Purchase Majorityowned Subsidiary Common Stock Employee Stock Purchase Plan
PurchaseMajorityownedSubsidiaryCommonStockEmployeeStockPurchasePlan
109000 usd
CY2022 PAVM Issuance Majorityowned Subsidiary Common Stock Committed Equity Facility Net Of Deferred Financing Charges
IssuanceMajorityownedSubsidiaryCommonStockCommittedEquityFacilityNetOfDeferredFinancingCharges
1767000 usd
CY2022 PAVM Issuance Majorityowned Subsidiary Common Stock Settlement Apardx Installment Payment
IssuanceMajorityownedSubsidiaryCommonStockSettlementApardxInstallmentPayment
653000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
5666000 usd
CY2022 PAVM Stockbased Compensation Majorityowned Subsidiary
StockbasedCompensationMajorityownedSubsidiary
13866000 usd
CY2022 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
-548000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-103238000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10934000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-79263000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-103238000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2932000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2457000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
11139000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
19532000 usd
CY2023 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
1000000 usd
CY2023 PAVM Issuance Of Common Stock Installment Settlement Payment
IssuanceOfCommonStockInstallmentSettlementPayment
713000 usd
CY2022 PAVM Issuance Of Common Stock Installment Settlement Payment
IssuanceOfCommonStockInstallmentSettlementPayment
653000 usd
CY2023 PAVM Issue Common Stock Vendor Service Agreement
IssueCommonStockVendorServiceAgreement
625000 usd
CY2023 PAVM Change In Fair Value Senior Secured Convertible Notes
ChangeInFairValueSeniorSecuredConvertibleNotes
6026000 usd
CY2022 PAVM Change In Fair Value Senior Secured Convertible Notes
ChangeInFairValueSeniorSecuredConvertibleNotes
1273000 usd
CY2023 PAVM Loss On Issue And Offering Costs Senior Secured Convertible Note
LossOnIssueAndOfferingCostsSeniorSecuredConvertibleNote
1111000 usd
CY2022 PAVM Loss On Issue And Offering Costs Senior Secured Convertible Note
LossOnIssueAndOfferingCostsSeniorSecuredConvertibleNote
3523000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
-3782000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
-5434000 usd
CY2023 us-gaap Other Noncash Expense
OtherNoncashExpense
308000 usd
CY2022 us-gaap Other Noncash Expense
OtherNoncashExpense
97000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
44000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-183000 usd
CY2023 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
246000 usd
CY2022 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-397000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-918000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-742000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
2799000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-554000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-52036000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-70985000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
242000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1540000 usd
CY2023 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
1000000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3200000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
758000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4740000 usd
CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
18625000 usd
CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
10000000 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
35227000 usd
CY2023 PAVM Repayment Of Senior Secured Convertible Note Acceleration Floor Payments
RepaymentOfSeniorSecuredConvertibleNoteAccelerationFloorPayments
79000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1533000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
79000 usd
CY2023 PAVM Proceeds Majorityowned Subsidiary Common Stock Atthemarket Facility
ProceedsMajorityownedSubsidiaryCommonStockAtthemarketFacility
284000 usd
CY2022 PAVM Proceeds Majorityowned Subsidiary Common Stock Atthemarket Facility
ProceedsMajorityownedSubsidiaryCommonStockAtthemarketFacility
1807000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
302000 usd
CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
259000 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
358000 usd
CY2023 PAVM Proceeds Majorityowned Subsidiary Common Stock Employee Stock Purchase Plan
ProceedsMajorityownedSubsidiaryCommonStockEmployeeStockPurchasePlan
551000 usd
CY2022 PAVM Proceeds Majorityowned Subsidiary Common Stock Employee Stock Purchase Plan
ProceedsMajorityownedSubsidiaryCommonStockEmployeeStockPurchasePlan
109000 usd
CY2022 PAVM Proceeds From Exercise Of Stock Options Issued Under Equity Plan Of Majority Owned Subsidiary
ProceedsFromExerciseOfStockOptionsIssuedUnderEquityPlanOfMajorityOwnedSubsidiary
695000 usd
CY2022 PAVM Purchase Treasury Stock Payment Of Employee Payroll Tax Obligation In Connection With Stockbased Compensation
PurchaseTreasuryStockPaymentOfEmployeePayrollTaxObligationInConnectionWithStockbasedCompensation
366000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31173000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
38211000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-20105000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-37514000 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
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19639000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
39744000 usd
CY2023Q4 PAVM Prepaid Service Providers And Suppliers
PrepaidServiceProvidersAndSuppliers
739000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_802_eus-gaap--NatureOfOperations_zI97u6G9uzAj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 1 — <span id="xdx_82E_zGKlqFlASt8">The Company</span></b></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"> </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"><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"> </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">PAVmed is structured to be a multi-product life sciences company organized to advance a pipeline of innovative healthcare technologies. Led by a team of highly skilled personnel with a track record of bringing innovative products to market, PAVmed is focused on innovating, developing, acquiring, and commercializing novel products that target unmet needs with large addressable market opportunities. Leveraging our corporate structure—a parent company that will establish distinct subsidiaries for each financed asset—we have the flexibility to raise capital at the PAVmed level to fund product development, or to structure financing directly into each subsidiary in a manner tailored to the applicable product, the latter of which is our current strategy given prevailing market conditions.</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"> </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">Our current focus is multi-fold. We continue to pursue commercial expansion and execution of EsoGuard, which is the flagship product of our majority-owned subsidiary Lucid Diagnostics Inc. (Nasdaq: LUCD) (“Lucid”). In addition, through a separate majority-owned subsidiary, Veris Health (“Veris”), we are focused on entering into strategic partnership opportunities with leading academic oncology systems to expand access to the Veris Platform. In terms of other existing products and technologies, we have adopted an incubator-type platform where we are looking to obtain financing on a product-by-product basis as necessary to advance each asset to a meaningful inflection point along its path to commercialization. Finally, as resources permit, we will continue to explore external innovations that fulfill our project selection criteria without limiting ourselves to any target sector, 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"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
CY2023 us-gaap Revenues
Revenues
2500000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-66300000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-52000000.0 usd
CY2023Q4 PAVM Working Capital
WorkingCapital
-29700000 usd
CY2023Q4 us-gaap Cash
Cash
19600000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_845_eus-gaap--UseOfEstimates_zcg6isQVAPR3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zrPsFHaQDah3">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"><b> </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">In preparing the consolidated financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets, inclusive of acquired intangible 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 consolidated financial statements include those related to the estimated fair value of stock-based equity awards, intangible assets, estimated fair value of debt obligations, 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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><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"><b> </b></span></p>
CY2022Q4 PAVM Prepaid Service Providers And Suppliers
PrepaidServiceProvidersAndSuppliers
599000 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
848000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
300000 usd
CY2023Q4 us-gaap Security Deposit
SecurityDeposit
2672000 usd
CY2022Q4 us-gaap Security Deposit
SecurityDeposit
3005000 usd
CY2023Q4 PAVM Veris Box Supplies
VerisBoxSupplies
261000 usd
CY2022Q4 PAVM Veris Box Supplies
VerisBoxSupplies
150000 usd
CY2023Q4 PAVM Prepaid Expense Deposits And Other Assets Current
PrepaidExpenseDepositsAndOtherAssetsCurrent
4520000 usd
CY2022Q4 PAVM Prepaid Expense Deposits And Other Assets Current
PrepaidExpenseDepositsAndOtherAssetsCurrent
4054000 usd
CY2023 us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
greater than 50% likelihood
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_84E_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zO3Yzj8WeoGk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><span id="xdx_865_zDvxwsrDyate">Reclassifications</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">Certain prior-year amounts have been reclassified to conform to the current year presentation, which includes presenting interest income and classification of certain general and administrative expenses and research and development expenses within operating expenses on the statements of operations, in the consolidated financial statements and accompanying notes to the consolidated financial statements. The impact of the reclassifications made to prior year amounts is not material and did not affect net loss.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2452000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
377000 usd
CY2023 PAVM Monthly Fees
MonthlyFees
100000 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
6420000 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
3614000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3502000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3259000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1719000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
808000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1783000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2451000 usd
CY2023 us-gaap Depreciation
Depreciation
911000 usd
CY2022 us-gaap Depreciation
Depreciation
673000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
1871000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
1174000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
89000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
191000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
113000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
52000 usd
CY2023 us-gaap Lease Cost
LeaseCost
2073000 usd
CY2022 us-gaap Lease Cost
LeaseCost
1417000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1854000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
835000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
787000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
617000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
471000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
848000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5412000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
887000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4525000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1563000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1078000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2728000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3949000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M13D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M2D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07875 pure
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07875 pure
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4267000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3037000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4525000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2987000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1565000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1141000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2960000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1846000 usd
CY2022Q3 us-gaap Payments For Rent
PaymentsForRent
3200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5375000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5375000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3951000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1930000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1424000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3445000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2021000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1784000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
688000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
421000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
315000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1424000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2507000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1940000 usd
CY2023Q4 PAVM Amended License Agreement Royalty Fee
AmendedLicenseAgreementRoyaltyFee
96000 usd
CY2022Q4 PAVM Amended License Agreement Royalty Fee
AmendedLicenseAgreementRoyaltyFee
10000 usd
CY2023Q4 PAVM Accrued Operating Expenses
AccruedOperatingExpenses
3246000 usd
CY2022Q4 PAVM Accrued Operating Expenses
AccruedOperatingExpenses
1755000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
777000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
6626000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3705000 usd
CY2023Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
44200000 usd
CY2022Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
33650000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
37683000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
44200000 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
CY2023 us-gaap Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
11111000 usd
CY2023 PAVM Fair Value Adjustment Issue Date
FairValueAdjustmentIssueDate
789000 usd
CY2023 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
6175000 usd
CY2023 us-gaap Debt Instrument Repaid Principal
DebtInstrumentRepaidPrincipal
412000 usd
CY2023 PAVM Debt Instruments Fair Value
DebtInstrumentsFairValue
5237000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
44200000 usd
CY2023 PAVM Other Income Expense Change In Fair Value
OtherIncomeExpenseChangeInFairValue
6026000 usd
CY2022 us-gaap Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
38750000 usd
CY2022 PAVM Fair Value Adjustment Issue Date
FairValueAdjustmentIssueDate
3550000 usd
CY2022 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
6003000 usd
CY2022 us-gaap Debt Instrument Repaid Principal
DebtInstrumentRepaidPrincipal
370000 usd
CY2022 PAVM Debt Instruments Fair Value
DebtInstrumentsFairValue
-2277000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
33650000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
33650000 usd
CY2022 PAVM Other Income Expense Change In Fair Value
OtherIncomeExpenseChangeInFairValue
1273000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
11139000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
19532000 usd
CY2023Q4 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
390000 usd
CY2023 PAVM Stock Issued During Period Share Atm Facilities
StockIssuedDuringPeriodShareATMFacilities
321288 shares
CY2023 PAVM Stock Issued During Period Value Atm Facilities
StockIssuedDuringPeriodValueATMFacilities
1823000 usd
CY2023 PAVM Payments For Commissions Percentage
PaymentsForCommissionsPercentage
0.03 pure
CY2024Q1 PAVM Stock Issued During Period Share Atm Facilities
StockIssuedDuringPeriodShareATMFacilities
133299 shares
CY2024Q1 PAVM Stock Issued During Period Value Atm Facilities
StockIssuedDuringPeriodValueATMFacilities
495000 usd
CY2024Q1 PAVM Payments For Commissions Percentage
PaymentsForCommissionsPercentage
0.03 pure
CY2022Q4 us-gaap Minority Interest
MinorityInterest
20615000 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
17752000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-15088000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-14255000 usd
CY2023 PAVM Impact Of Subsidiary Equity Transactions
ImpactOfSubsidiaryEquityTransactions
-1983000 usd
CY2022 PAVM Impact Of Subsidiary Equity Transactions
ImpactOfSubsidiaryEquityTransactions
28000 usd
CY2023 PAVM Issuance Majorityowned Subsidiary Preferred Stock
IssuanceMajorityownedSubsidiaryPreferredStock
18625000 usd
CY2023 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value One
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueOne
284000 usd
CY2022 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value One
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueOne
1767000 usd
CY2023 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Two
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueTwo
713000 usd
CY2022 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Two
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueTwo
653000 usd
CY2023 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Three
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueThree
147000 usd
CY2022 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValue
695000 usd
CY2023 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Four
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueFour
551000 usd
CY2022 PAVM Adjustments To Additional Paid In Capital Minority Interest Requisite Service Period Recognition Value Four
AdjustmentsToAdditionalPaidInCapitalMinorityInterestRequisiteServicePeriodRecognitionValueFour
109000 usd
CY2023 PAVM Issue Common Stock Upon Partial Conversions Of Majority Owned Subsidiary Common Senior Secured Convertible Note
IssueCommonStockUponPartialConversionsOfMajorityOwnedSubsidiaryCommonSeniorSecuredConvertibleNote
167000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5762000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13859000 usd
CY2023 PAVM Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Values
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValues
20000 usd
CY2022 PAVM Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Values
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValues
7000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
29813000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
20615000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-16789000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-24265000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-19323000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
11124000 usd
CY2023 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-36112000 usd
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-13141000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
36112000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
13141000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.061 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.066 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.027 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.010 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.022 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.013 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.152 pure
CY2023 PAVM Effective Income Tax Rate Reconciliation Federal Deferred True Up
EffectiveIncomeTaxRateReconciliationFederalDeferredTrueUp
0.058 pure
CY2023 PAVM Effective Income Tax Rate Reconciliation State Deferred True Up
EffectiveIncomeTaxRateReconciliationStateDeferredTrueUp
0.132 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.456 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.127 pure
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
67786000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
37032000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
537000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
922000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
12304000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
11105000 usd
CY2023Q4 PAVM Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
1266000 usd
CY2022Q4 PAVM Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
836000 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
8234000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
6193000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
3481000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
1719000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
385000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
311000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
17000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
15000 usd
CY2023Q4 PAVM Deferred Tax Assets Tax Depreciation And Amortization
DeferredTaxAssetsTaxDepreciationAndAmortization
800000 usd
CY2022Q4 PAVM Deferred Tax Assets Tax Depreciation And Amortization
DeferredTaxAssetsTaxDepreciationAndAmortization
221000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
94810000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
58354000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
1194000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
850000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1194000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
850000 usd
CY2023Q4 PAVM Deferred Tax Assets Net Of Deferred Tax Liabilities
DeferredTaxAssetsNetOfDeferredTaxLiabilities
93616000 usd
CY2022Q4 PAVM Deferred Tax Assets Net Of Deferred Tax Liabilities
DeferredTaxAssetsNetOfDeferredTaxLiabilities
57504000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
93616000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
57504000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
36112000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
13141000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
236300000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
158400000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
13800000 usd
CY2023 PAVM Operating Loss Carry Forward Expiration Description
OperatingLossCarryForwardExpirationDescription
statutory expiration dates commencing in 2037
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
222500000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
260000000.0 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-79263000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-103238000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-15088000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-14255000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-64175000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-88983000 usd
CY2023 PAVM Deemed Dividend On Series Z Warrant Modification
DeemedDividendOnSeriesZWarrantModification
-1791000 usd
CY2023 PAVM Preferred Stock Dividends Series B
PreferredStockDividendsSeriesB
-304000 usd
CY2022 PAVM Preferred Stock Dividends Series B
PreferredStockDividendsSeriesB
-281000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-66270000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-89264000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7231546 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7231546 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5938406 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5938406 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-9.16
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-9.16
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-15.03
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-15.03
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2145830 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1712365 shares

Files In Submission

Name View Source Status
0001493152-24-011172-index-headers.html Edgar Link pending
0001493152-24-011172-index.html Edgar Link pending
0001493152-24-011172.txt Edgar Link pending
0001493152-24-011172-xbrl.zip Edgar Link pending
ex21-1.htm Edgar Link pending
ex23-1.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
ex4-1.htm Edgar Link pending
ex97-1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-k.htm Edgar Link pending
MetaLinks.json Edgar Link pending
pavm-20231231.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
pavm-20231231_cal.xml Edgar Link unprocessable
pavm-20231231_def.xml Edgar Link unprocessable
pavm-20231231_lab.xml Edgar Link unprocessable
pavm-20231231_pre.xml Edgar Link unprocessable
form10-k_htm.xml Edgar Link completed
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable