2022 Q4 Form 10-Q Financial Statement

#000149315222033176 Filed on November 21, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $607.2K $144.0K $518.4K
YoY Change 92.63% -72.21% -2.9%
Cost Of Revenue $1.271M $126.2K $258.2K
YoY Change 642.23% -51.12% 4.52%
Gross Profit -$664.1K $17.83K $260.2K
YoY Change -561.46% -93.15% -9.29%
Gross Profit Margin -109.38% 12.38% 50.2%
Selling, General & Admin $630.0K $1.119M $1.220M
YoY Change -42.86% -8.3% 42.18%
% of Gross Profit 6275.28% 468.92%
Research & Development $252.9K $262.4K $282.6K
YoY Change -3.65% -7.17% 14.22%
% of Gross Profit 1471.59% 108.62%
Depreciation & Amortization $51.80K $5.780K $27.24K
YoY Change 94.74% -78.78% -6.62%
% of Gross Profit 32.42% 10.47%
Operating Expenses $882.9K $1.381M $1.503M
YoY Change -35.32% -8.09% 35.92%
Operating Profit -$1.547M -$1.363M -$1.243M
YoY Change 26.68% 9.72% 51.76%
Interest Expense -$3.978M $2.034M -$3.492M
YoY Change 33.56% -158.25% 69.18%
% of Operating Profit
Other Income/Expense, Net $8.750K -$3.099M $60.63K
YoY Change -107.34% -5211.13%
Pretax Income -$4.458M -$4.462M -$4.951M
YoY Change 14.92% -9.87% 51.01%
Income Tax
% Of Pretax Income
Net Earnings -$4.890M -$4.462M -$4.951M
YoY Change 26.05% -9.87% 51.01%
Net Earnings / Revenue -805.4% -3098.09% -955.13%
Basic Earnings Per Share -$0.44 -$0.82
Diluted Earnings Per Share -$0.38 -$400.9K -$654.8K
COMMON SHARES
Basic Shares Outstanding 11.07M shares 9.074M shares 7.562M shares
Diluted Shares Outstanding 11.13M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.870K $230.9K $663.7K
YoY Change -97.08% -65.21% 600.42%
Cash & Equivalents $3.865K $230.9K $663.7K
Short-Term Investments
Other Short-Term Assets $257.5K $218.5K $621.0K
YoY Change -39.06% -64.82% 288.73%
Inventory $686.4K $1.387M $796.4K
Prepaid Expenses
Receivables $295.4K $166.3K $538.6K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.243M $2.002M $2.620M
YoY Change -33.06% -23.57% 37.7%
LONG-TERM ASSETS
Property, Plant & Equipment $103.4K $111.9K $175.6K
YoY Change -10.79% -36.3% 342.53%
Goodwill
YoY Change
Intangibles $317.3K $360.6K
YoY Change -21.43%
Long-Term Investments $63.64K $51.93K $112.6K
YoY Change 6.11% -53.86% -77.64%
Other Assets
YoY Change
Total Long-Term Assets $766.4K $838.0K $713.7K
YoY Change -21.41% 17.41% -32.36%
TOTAL ASSETS
Total Short-Term Assets $1.243M $2.002M $2.620M
Total Long-Term Assets $766.4K $838.0K $713.7K
Total Assets $2.010M $2.840M $3.333M
YoY Change -29.05% -14.8% 12.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $637.2K $608.1K $418.0K
YoY Change 20.71% 45.46% -40.82%
Accrued Expenses $2.807M $2.800M $2.235M
YoY Change 27.23% 25.23% -72.4%
Deferred Revenue
YoY Change
Short-Term Debt $20.10M $18.83M $12.87M
YoY Change 42.57% 46.32% 59.14%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $34.40M $32.29M $22.67M
YoY Change 39.71% 42.42% 33.85%
LONG-TERM LIABILITIES
Long-Term Debt $150.0K $150.0K $527.0K
YoY Change 0.0% -71.54% 0.0%
Other Long-Term Liabilities $141.8K $171.9K $110.6K
YoY Change -46.74% 55.4% 326.16%
Total Long-Term Liabilities $291.8K $321.9K $637.7K
YoY Change -29.89% -49.52% 15.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $34.40M $32.29M $22.67M
Total Long-Term Liabilities $291.8K $321.9K $637.7K
Total Liabilities $34.70M $32.62M $23.31M
YoY Change 38.55% 39.91% 33.26%
SHAREHOLDERS EQUITY
Retained Earnings -$133.8M -$128.9M
YoY Change 13.15%
Common Stock $136.8K $122.2K
YoY Change 50.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$32.69M -$29.78M -$19.98M
YoY Change
Total Liabilities & Shareholders Equity $2.010M $2.840M $3.333M
YoY Change -29.05% -14.8% 12.71%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$4.890M -$4.462M -$4.951M
YoY Change 26.05% -9.87% 51.01%
Depreciation, Depletion And Amortization $51.80K $5.780K $27.24K
YoY Change 94.74% -78.78% -6.62%
Cash From Operating Activities -$1.427M -$1.053M -$1.993M
YoY Change 81.83% -47.17% 80.17%
INVESTING ACTIVITIES
Capital Expenditures $10.00 -$15.86K -$540.00
YoY Change -100.01% 2837.04%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$10.00 -$15.86K -$540.00
YoY Change -99.99% 2837.04% -99.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $915.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.200M 1.178M 2.611M
YoY Change 222.72% -54.87% 82.63%
NET CHANGE
Cash From Operating Activities -1.427M -1.053M -1.993M
Cash From Investing Activities -10.00 -15.86K -540.0
Cash From Financing Activities 1.200M 1.178M 2.611M
Net Change In Cash -227.0K 109.3K 617.0K
YoY Change -57.27% -82.28% 1057.89%
FREE CASH FLOW
Cash From Operating Activities -$1.427M -$1.053M -$1.993M
Capital Expenditures $10.00 -$15.86K -$540.00
Free Cash Flow -$1.427M -$1.037M -$1.993M
YoY Change 114.16% -47.95% 80.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000830656
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
usd
CY2022Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
usd
CY2022Q3 PBIO Deemed Dividends On Beneficial Conversion Feature
DeemedDividendsOnBeneficialConversionFeature
usd
PBIO Deemed Dividends On Beneficial Conversion Feature
DeemedDividendsOnBeneficialConversionFeature
usd
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
usd
PBIO Common Stock Issued For Noncash Warrant Exercise
CommonStockIssuedForNoncashWarrantExercise
usd
PBIO Noncash Cumulative Effect Period Of Adoption Adjustment
NoncashCumulativeEffectPeriodOfAdoptionAdjustment
usd
PBIO Discount Due To Beneficial Conversion Feature
DiscountDueToBeneficialConversionFeature
usd
PBIO Non Cash Deemed Dividendbeneficial Conversion Feature
NonCashDeemedDividendbeneficialConversionFeature
usd
PBIO Conversion Of Accrued Liabilities And Debt For Preferred Stock
ConversionOfAccruedLiabilitiesAndDebtForPreferredStock
usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
usd
CY2022Q2 PBIO Stock Issued During Period Value Conversion Of Convertible Securities Conversion Of Preferred Stock For Common Stock
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesConversionOfPreferredStockForCommonStock
usd
CY2021Q3 PBIO Issuance Of Common Stock For Noncash Warrant Exercise
IssuanceOfCommonStockForNoncashWarrantExercise
usd
CY2022Q3 PBIO Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38185
dei Entity Registrant Name
EntityRegistrantName
PRESSURE BIOSCIENCES, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MA
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
04-2652826
dei Entity Address Address Line1
EntityAddressAddressLine1
14 Norfolk Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
South Easton
dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
02375
dei City Area Code
CityAreaCode
(508)
dei Local Phone Number
LocalPhoneNumber
230-1828
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
11068187 shares
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
230880 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
132311 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
166314 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
154746 usd
CY2022Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
342496 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
342496 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
1386527 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
1147554 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
218476 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
422617 usd
CY2022Q3 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
9929179 usd
CY2021Q4 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
7757217 usd
CY2022Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
127091 usd
CY2021Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
37124 usd
CY2022Q3 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
16708661 usd
CY2021Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
12839813 usd
CY2022Q3 PBIO Other Debt Unamortized Discounts Net
OtherDebtUnamortizedDiscountsNet
0 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
2002197 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
1857228 usd
CY2022Q3 us-gaap Equity Method Investments
EquityMethodInvestments
51929 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
59976 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
111884 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
115846 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
313564 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
395565 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
360577 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
403846 usd
CY2022Q3 us-gaap Assets
Assets
2840151 usd
CY2021Q4 us-gaap Assets
Assets
2832461 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
608054 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
527924 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
221938 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
117680 usd
CY2022Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2435910 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1955672 usd
CY2021Q4 PBIO Other Debt Unamortized Discounts Net
OtherDebtUnamortizedDiscountsNet
0 usd
CY2022Q3 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
1555775 usd
CY2021Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
1256840 usd
CY2022Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
565501 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
141649 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
132996 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
32293758 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
24625266 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
150000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
150000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
171915 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
262569 usd
CY2021Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3587 usd
CY2022Q3 us-gaap Liabilities
Liabilities
32615673 usd
CY2021Q4 us-gaap Liabilities
Liabilities
25041422 usd
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
1098 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
1099 usd
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
12220611 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
12220611 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9120526 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9120526 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
122207 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
91206 usd
CY2022Q3 PBIO Warrants To Acquire Common Stock
WarrantsToAcquireCommonStock
31995762 usd
CY2021Q4 PBIO Warrants To Acquire Common Stock
WarrantsToAcquireCommonStock
31715154 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
67041489 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
64261048 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-128936078 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-118277468 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-29775522 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-22208961 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2840151 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2832461 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
144032 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
518365 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1122169 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1687166 usd
CY2022Q3 us-gaap Revenues
Revenues
144032 usd
CY2021Q3 us-gaap Revenues
Revenues
518365 usd
us-gaap Revenues
Revenues
1122169 usd
us-gaap Revenues
Revenues
1687166 usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
126203 usd
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
258170 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
742707 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
771105 usd
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
262370 usd
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
282622 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
716685 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
839072 usd
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
226526 usd
CY2021Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
66068 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
422422 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
252209 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
892293 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1154063 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2591644 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2788779 usd
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
1507392 usd
CY2021Q3 us-gaap Costs And Expenses
CostsAndExpenses
1760923 usd
us-gaap Costs And Expenses
CostsAndExpenses
4473458 usd
us-gaap Costs And Expenses
CostsAndExpenses
4651165 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1363360 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1242558 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-3351289 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2963999 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
2034021 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
3330101 usd
us-gaap Interest Expense
InterestExpense
6448771 usd
us-gaap Interest Expense
InterestExpense
11524306 usd
CY2022Q3 us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
-8675 usd
CY2021Q3 us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
-162071 usd
us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
-8047 usd
us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
-404451 usd
CY2022Q3 PBIO Loss On Extinguishment Of Liabilities
LossOnExtinguishmentOfLiabilities
-1054122 usd
CY2021Q3 PBIO Loss On Extinguishment Of Liabilities
LossOnExtinguishmentOfLiabilities
-277010 usd
PBIO Loss On Extinguishment Of Liabilities
LossOnExtinguishmentOfLiabilities
-1809249 usd
PBIO Loss On Extinguishment Of Liabilities
LossOnExtinguishmentOfLiabilities
-1500395 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2059 usd
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
60627 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-904 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
119280 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3098877 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3708555 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8266971 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-13309872 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-4462237 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-4951113 usd
us-gaap Net Income Loss
NetIncomeLoss
-11618260 usd
us-gaap Net Income Loss
NetIncomeLoss
-16273871 usd
CY2021Q3 PBIO Deemed Dividends On Beneficial Conversion Feature
DeemedDividendsOnBeneficialConversionFeature
815914 usd
PBIO Deemed Dividends On Beneficial Conversion Feature
DeemedDividendsOnBeneficialConversionFeature
873798 usd
CY2022Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
431709 usd
CY2021Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
432149 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1295566 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1239535 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4893946 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6199176 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12913826 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18387204 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.82
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.02
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11131742 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7561728 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10429817 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6083017 shares
us-gaap Net Income Loss
NetIncomeLoss
-11618260 usd
us-gaap Net Income Loss
NetIncomeLoss
-16273871 usd
PBIO Gain On Loan Forgiveness
GainOnLoanForgiveness
10000 usd
PBIO Gain On Loan Forgiveness
GainOnLoanForgiveness
367039 usd
PBIO Noncash Lease Expense Income
NoncashLeaseExpenseIncome
82001 usd
PBIO Noncash Lease Expense Income
NoncashLeaseExpenseIncome
48158 usd
PBIO Common Stock And Warrants Issued For Interest And Extension Fees
CommonStockAndWarrantsIssuedForInterestAndExtensionFees
2196278 usd
PBIO Common Stock And Warrants Issued For Interest And Extension Fees
CommonStockAndWarrantsIssuedForInterestAndExtensionFees
6208696 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
67985 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
83531 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1777863 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-5308424 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1809249 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-23004 usd
us-gaap Share Based Compensation
ShareBasedCompensation
128984 usd
us-gaap Share Based Compensation
ShareBasedCompensation
219943 usd
us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-8047 usd
us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-404451 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
367370 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
579512 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11568 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
407404 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
238973 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
203651 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-204141 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
306024 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
80130 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-336675 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
104258 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
39801 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-82001 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-48158 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
2083239 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
943400 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3051257 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4083902 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20754 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4503 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20754 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4503 usd
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
1015000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17443 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14773 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
3428249 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
5054500 usd
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
1815000 usd
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
1610688 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
762500 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
194600 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1086946 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1608295 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
259600 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
256600 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
1506066 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
1291150 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3170580 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4733516 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
98569 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
645111 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
132311 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18540 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
230880 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
663651 usd
us-gaap Interest Paid Net
InterestPaidNet
938451 usd
us-gaap Interest Paid Net
InterestPaidNet
802084 usd
PBIO Common Stock Issued For Noncash Warrant Exercise
CommonStockIssuedForNoncashWarrantExercise
363 usd
PBIO Noncash Cumulative Effect Period Of Adoption Adjustment
NoncashCumulativeEffectPeriodOfAdoptionAdjustment
473027 usd
us-gaap Stock Issued1
StockIssued1
512593 usd
us-gaap Stock Issued1
StockIssued1
551198 usd
PBIO Discount From Warrants Issued With Debt
DiscountFromWarrantsIssuedWithDebt
93576 usd
PBIO Discount From Warrants Issued With Debt
DiscountFromWarrantsIssuedWithDebt
1403546 usd
PBIO Common Stock Issued In Lieu Of Cash For Dividend
CommonStockIssuedInLieuOfCashForDividend
306333 usd
PBIO Common Stock Issued In Lieu Of Cash For Dividend
CommonStockIssuedInLieuOfCashForDividend
114298 usd
PBIO Noncash Preferred Stock Dividends
NoncashPreferredStockDividends
1295566 usd
PBIO Noncash Preferred Stock Dividends
NoncashPreferredStockDividends
1239535 usd
PBIO Conversion Of Debt Into Common Stock
ConversionOfDebtIntoCommonStock
350500 usd
PBIO Conversion Of Debt Into Common Stock
ConversionOfDebtIntoCommonStock
2589990 usd
PBIO Discount Due To Beneficial Conversion Feature
DiscountDueToBeneficialConversionFeature
1231528 usd
PBIO Non Cash Deemed Dividendbeneficial Conversion Feature
NonCashDeemedDividendbeneficialConversionFeature
873798 usd
PBIO Conversion Of Accrued Liabilities And Debt For Preferred Stock
ConversionOfAccruedLiabilitiesAndDebtForPreferredStock
500250 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
44 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-22208961 usd
CY2022Q1 PBIO Cumulative Effect Period Of Adoption Adjustment
CumulativeEffectPeriodOfAdoptionAdjustment
-473027 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
64483 usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
432149 usd
CY2022Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
77700 usd
CY2022Q1 PBIO Issuance Of Common Stock Warrants For Services
IssuanceOfCommonStockWarrantsForServices
39761 usd
CY2022Q1 PBIO Warrants Issued For Debt Extension
WarrantsIssuedForDebtExtension
132537 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
472900 usd
CY2022Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
350500 usd
CY2022Q1 PBIO Issuance Of Common Stock For Dividends Paidinkind
IssuanceOfCommonStockForDividendsPaidinkind
64256 usd
CY2022Q1 PBIO Issuance Of Common Stock For Interest Paidinkind
IssuanceOfCommonStockForInterestPaidinkind
1173458 usd
CY2022Q1 PBIO Stock Issued With Debt
StockIssuedWithDebt
142480 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
87436 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-4239685 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-24748311 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
32074 usd
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17443 usd
CY2022Q2 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
431708 usd
CY2022Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
67800 usd
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
191303 usd
CY2022Q2 PBIO Issuance Of Common Stock For Dividends Paidinkind
IssuanceOfCommonStockForDividendsPaidinkind
151021 usd
CY2022Q2 PBIO Issuance Of Common Stock For Interest Paidinkind
IssuanceOfCommonStockForInterestPaidinkind
388515 usd
CY2022Q2 PBIO Stock Issued With Debt
StockIssuedWithDebt
35848 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2916338 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-27212353 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
32427 usd
CY2022Q3 PBIO Issuance Of Common Stock For Interest Paidinkind
IssuanceOfCommonStockForInterestPaidinkind
634305 usd
CY2022Q3 PBIO Issuance Of Common Stock For Dividends Paidinkind
IssuanceOfCommonStockForDividendsPaidinkind
91056 usd
CY2022Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
167375 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
431709 usd
CY2022Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1050475 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
14734 usd
CY2022Q3 PBIO Stock Issued With Debt
StockIssuedWithDebt
334265 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
6140 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-4462237 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-29775522 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-16917592 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
61237 usd
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
14773 usd
CY2021Q1 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
403215 usd
CY2021Q1 PBIO Issuance Of Common Stock Warrants For Interest Paidinkind
IssuanceOfCommonStockWarrantsForInterestPaidinkind
600298 usd
CY2021Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
238512 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
53777 usd
CY2021Q1 PBIO Preferred Stock Offering
PreferredStockOffering
100000 usd
CY2021Q1 PBIO Beneficial Conversion Option On Convertible Preferred Stock
BeneficialConversionOptionOnConvertiblePreferredStock
57884 usd
CY2021Q1 PBIO Deemed Dividend On Convertible Preferred Stock
DeemedDividendOnConvertiblePreferredStock
-57884 usd
CY2021Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
118000 usd
CY2021Q1 PBIO Issuance Of Common Stock For Interest Paidinkind
IssuanceOfCommonStockForInterestPaidinkind
2021780 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
162654 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-6577587 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-20527363 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
63458 usd
CY2021Q2 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
404171 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
513070 usd
CY2021Q2 PBIO Issuance Of Common Stock For Interest Paidinkind
IssuanceOfCommonStockForInterestPaidinkind
1432671 usd
CY2021Q2 PBIO Issuance Of Common Stock For Dividends Paidinkind
IssuanceOfCommonStockForDividendsPaidinkind
114298 usd
CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
231250 usd
CY2021Q2 PBIO Stock Issued With Debt
StockIssuedWithDebt
112877 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
906188 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-4745171 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-22302893 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
95248 usd
CY2021Q3 PBIO Issuance Of Common Stock For Interest Paidinkind
IssuanceOfCommonStockForInterestPaidinkind
2153947 usd
CY2021Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
341000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
432149 usd
CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
2240740 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
334704 usd
CY2021Q3 PBIO Preferred Stock Issued During Period Value Issued For Debt Settlement
PreferredStockIssuedDuringPeriodValueIssuedForDebtSettlement
523254 usd
CY2021Q3 PBIO Preferred Stock Offering
PreferredStockOffering
915000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
664681 usd
CY2021Q3 PBIO Beneficial Conversion Option On Convertible Preferred Stock
BeneficialConversionOptionOnConvertiblePreferredStock
815914 usd
CY2021Q3 PBIO Deemed Dividend On Convertible Preferred Stock
DeemedDividendOnConvertiblePreferredStock
-815914 usd
CY2021Q3 PBIO Stock Issued With Debt
StockIssuedWithDebt
438321 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-4951113 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
-19979260 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_842_eus-gaap--UseOfEstimates_zY6oIQzeu9Yg" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Use of Estimates</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s consolidated financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America, which require the use of estimates, judgements and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the periods presented. Global concerns about the COVID-19 pandemic have adversely affected, and we expect will continue to adversely affect, our business, financial condition and results of operations including the estimates and assumptions made by management. Significant estimates and assumptions include valuations of share-based awards, investments in equity securities and intangible asset impairment. Actual results could differ from the estimates, and such differences may be material to the Company’s consolidated financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
144000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
518000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1122000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1687000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
144000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
518000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1122000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1687000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
144000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
518000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1122000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1687000 usd
CY2022Q3 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
166000 usd
CY2021Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
155000 usd
CY2022Q3 us-gaap Deferred Revenue
DeferredRevenue
127000 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
41000 usd
CY2022Q3 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
127000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_841_eus-gaap--ConcentrationRiskCreditRisk_zcqQMbcHTH1f" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Concentrations</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Credit Risk</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash, cash equivalents, and trade receivables. We have cash investment policies which, among other things, limit investments to investment-grade securities. We perform ongoing credit evaluations of our customers, and the risk with respect to trade receivables is further mitigated by the fact that many of our customers are government institutions, large pharmaceutical and biotechnology companies, and academic laboratories.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89D_eus-gaap--FairValueConcentrationOfRiskTextBlock_zuS2EDBjVek1" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table illustrates the level of concentration as a percentage of total revenues during the three and nine months ended September 30, 2022 and 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-top: 0; margin-bottom: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BF_zgcHgcUHBKl4" style="display: none">Schedule of Customer Concentration Risk Percentage</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For the Three Months Ended</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For the Nine Months Ended</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">September 30,</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">September 30,</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2021</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2021</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 40%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Top Five Customers</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_98C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220701__20220930__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zVcgHWIpVFX2" style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right" title="Concentration credit risk percentage"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_989_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210701__20210930__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zmUtoELY2Abd" style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right" title="Concentration credit risk percentage"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">56</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_98A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z2IBd5iLY8Z4" style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">31</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_98C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20210930__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z5ku4bu4yWTb" style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Federal Agencies</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_987_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220701__20220930__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zkB2JiSVHZHh" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Concentration credit risk percentage"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_987_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210701__20210930__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zGnqUPxnztV" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Concentration credit risk percentage"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_98C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zbpXsnVGDPaf" style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_98A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20210930__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zichDiPvDTH3" style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table illustrates the level of concentration as a percentage of net accounts receivable balance as of September 30, 2022 and December 31, 2021. The Top Five Customers category may include federal agency receivable balances if applicable.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">September 30,<br/> 2022</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 31,<br/> 2021</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 60%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Top Five Customers</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_98C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zXKkL66DcuJc" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Concentration credit risk percentage"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">84</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_988_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zMVQGtnhlpS4" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Concentration credit risk percentage"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Federal Agencies</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_981_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z2aPjP1LtdLl" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Concentration credit risk percentage"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td id="xdx_98F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zShefd21Dbh1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Concentration credit risk percentage"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> </table> <p id="xdx_8A8_zdDG5Wyn07r3" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4893946 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6199176 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12913826 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18387204 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11131742 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7561728 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10429817 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6083017 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.82
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.02
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
33217416 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
32087170 shares
CY2022Q3 PBIO Forfeiture Rate
ForfeitureRate
0.05 pure
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
32427 usd
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
95248 usd
us-gaap Share Based Compensation
ShareBasedCompensation
128984 usd
us-gaap Share Based Compensation
ShareBasedCompensation
219943 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
32427 usd
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
95248 usd
us-gaap Share Based Compensation
ShareBasedCompensation
128984 usd
us-gaap Share Based Compensation
ShareBasedCompensation
219943 usd
CY2022Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
51929 usd
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
59976 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
57971 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
149299 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
64393 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
66969 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
51778 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
390410 usd
us-gaap Debt Instrument Convertible Stock Price Trigger
DebtInstrumentConvertibleStockPriceTrigger
2.50
us-gaap Debt Instrument Convertible Stock Price Trigger
DebtInstrumentConvertibleStockPriceTrigger
2.5
PBIO Debt Instrument Discount Percentage Of Stock Price
DebtInstrumentDiscountPercentageOfStockPrice
0.25 pure
us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.35 pure
us-gaap Debt Instrument Convertible Stock Price Trigger
DebtInstrumentConvertibleStockPriceTrigger
2.50
PBIO Debt Instrument Discount Percentage Of Stock Price
DebtInstrumentDiscountPercentageOfStockPrice
0.25 pure
PBIO Debt Instrument Discount Percentage Of Stock Price
DebtInstrumentDiscountPercentageOfStockPrice
0.25 pure
us-gaap Debt Instrument Convertible Conversion Ratio1
DebtInstrumentConvertibleConversionRatio1
10 pure
PBIO Debt Default Convertible Conversion Ratio
DebtDefaultConvertibleConversionRatio
0.75 pure
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
891307 usd
CY2021 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
861500 usd
CY2022Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P3Y
PBIO Debt Instrument Purchase Price
DebtInstrumentPurchasePrice
1385000 usd
PBIO Debt Instrument Purchased Amount
DebtInstrumentPurchasedAmount
1854890 usd
CY2022Q3 PBIO Debt Instrument Outstanding Balance
DebtInstrumentOutstandingBalance
664468 usd
CY2021 PBIO Debt Instrument Purchase Price
DebtInstrumentPurchasePrice
525000 usd
CY2021 PBIO Debt Instrument Purchased Amount
DebtInstrumentPurchasedAmount
686250 usd
CY2021Q4 PBIO Debt Instrument Outstanding Balance
DebtInstrumentOutstandingBalance
398910 usd
CY2021Q4 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
8500 usd
CY2022Q3 us-gaap Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
1098 usd
CY2021Q4 us-gaap Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
1099 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17540209 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
17308567 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
277500 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
25279 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
190840 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17601590 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
17533679 shares
PBIO Warrants And Rights Acquisition
WarrantsAndRightsAcquisition
200100 shares
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
245635 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-23004 usd

Files In Submission

Name View Source Status
0001493152-22-033176-index-headers.html Edgar Link pending
0001493152-22-033176-index.html Edgar Link pending
0001493152-22-033176.txt Edgar Link pending
0001493152-22-033176-xbrl.zip 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
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
pbio-20220930.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
FilingSummary.xml Edgar Link unprocessable
pbio-20220930_cal.xml Edgar Link unprocessable
pbio-20220930_def.xml Edgar Link unprocessable
pbio-20220930_pre.xml Edgar Link unprocessable
pbio-20220930_lab.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
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
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending