2023 Q1 Form 10-K Financial Statement

#000149315223012010 Filed on April 12, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $740.6K $607.2K $1.729M
YoY Change 54.29% 92.63% -13.64%
Cost Of Revenue $358.6K $1.271M $2.014M
YoY Change 14.08% 642.23% 113.71%
Gross Profit $382.0K -$664.1K -$284.7K
YoY Change 130.6% -561.46% -126.86%
Gross Profit Margin 51.58% -109.38% -16.46%
Selling, General & Admin $3.584M $630.0K $3.644M
YoY Change 269.36% -42.86% -12.06%
% of Gross Profit 938.31%
Research & Development $435.6K $252.9K $969.5K
YoY Change 54.71% -3.65% -11.98%
% of Gross Profit 114.05%
Depreciation & Amortization $28.11K $51.80K $33.25K
YoY Change -19.91% 94.74% -69.81%
% of Gross Profit 7.36%
Operating Expenses $4.020M $882.9K $4.614M
YoY Change 221.08% -35.32% -12.04%
Operating Profit -$3.638M -$1.547M -$4.898M
YoY Change 234.87% 26.68% 17.04%
Interest Expense $3.894M -$3.978M $10.44M
YoY Change -252.1% 33.56% -170.02%
% of Operating Profit
Other Income/Expense, Net -$3.220M $8.750K -$11.18M
YoY Change 91640.43% -107.34% -30.0%
Pretax Income -$6.858M -$4.458M -$16.08M
YoY Change 61.75% 14.92% -20.23%
Income Tax
% Of Pretax Income
Net Earnings -$6.858M -$4.890M -$16.08M
YoY Change 61.75% 26.05% -20.23%
Net Earnings / Revenue -925.98% -805.4% -929.64%
Basic Earnings Per Share -$0.46 -$1.61
Diluted Earnings Per Share -$0.46 -$0.38 -$1.61
COMMON SHARES
Basic Shares Outstanding 15.87M shares 11.07M shares 11.06M shares
Diluted Shares Outstanding 15.84M shares 11.06M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $239.0K $3.870K $3.870K
YoY Change 101.2% -97.08% -97.08%
Cash & Equivalents $239.0K $3.865K $3.870K
Short-Term Investments
Other Short-Term Assets $257.6K $257.5K $257.5K
YoY Change 39.26% -39.06% -39.06%
Inventory $666.0K $686.4K $686.4K
Prepaid Expenses
Receivables $392.2K $295.4K $295.4K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.555M $1.243M $1.243M
YoY Change -20.52% -33.06% -33.06%
LONG-TERM ASSETS
Property, Plant & Equipment $99.87K $103.4K $385.5K
YoY Change -78.86% -10.79% -24.63%
Goodwill
YoY Change
Intangibles $295.7K $317.3K
YoY Change -21.43%
Long-Term Investments $71.70K $63.64K $63.64K
YoY Change -9.37% 6.11% 6.1%
Other Assets
YoY Change
Total Long-Term Assets $659.1K $766.4K $766.4K
YoY Change -29.43% -21.41% -21.41%
TOTAL ASSETS
Total Short-Term Assets $1.555M $1.243M $1.243M
Total Long-Term Assets $659.1K $766.4K $766.4K
Total Assets $2.214M $2.010M $2.010M
YoY Change -23.4% -29.05% -29.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $769.0K $637.2K $637.2K
YoY Change 15.59% 20.71% 20.71%
Accrued Expenses $2.788M $2.807M $2.807M
YoY Change 14.27% 27.23% 27.23%
Deferred Revenue
YoY Change
Short-Term Debt $19.56M $20.10M $20.10M
YoY Change 23.81% 42.57% 42.57%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $34.40M $34.40M $34.40M
YoY Change 26.23% 39.71% 39.71%
LONG-TERM LIABILITIES
Long-Term Debt $163.8K $150.0K $150.0K
YoY Change 9.23% 0.0% 0.0%
Other Long-Term Liabilities $97.20K $141.8K $141.8K
YoY Change -58.78% -46.74% -46.74%
Total Long-Term Liabilities $261.0K $291.8K $291.8K
YoY Change -32.34% -29.89% -29.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $34.40M $34.40M $34.40M
Total Long-Term Liabilities $261.0K $291.8K $291.8K
Total Liabilities $34.66M $34.70M $34.70M
YoY Change 25.42% 38.55% 38.55%
SHAREHOLDERS EQUITY
Retained Earnings -$141.1M -$133.8M
YoY Change 13.15%
Common Stock $180.6K $136.8K
YoY Change 50.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$32.45M -$32.69M -$32.69M
YoY Change
Total Liabilities & Shareholders Equity $2.214M $2.010M $2.010M
YoY Change -23.4% -29.05% -29.05%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$6.858M -$4.890M -$16.08M
YoY Change 61.75% 26.05% -20.23%
Depreciation, Depletion And Amortization $28.11K $51.80K $33.25K
YoY Change -19.91% 94.74% -69.81%
Cash From Operating Activities -$422.2K -$1.427M -$4.478M
YoY Change -44.17% 81.83% -8.02%
INVESTING ACTIVITIES
Capital Expenditures $3.000K $10.00 $20.76K
YoY Change -363.16% -100.01% -116.88%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$3.000K -$10.00 -$20.76K
YoY Change 163.16% -99.99% -83.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $25.00K
YoY Change -97.57%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $660.4K 1.200M $4.370M
YoY Change -11.23% 222.72% -14.4%
NET CHANGE
Cash From Operating Activities -$422.2K -1.427M -$4.478M
Cash From Investing Activities -$3.000K -10.00 -$20.76K
Cash From Financing Activities $660.4K 1.200M $4.370M
Net Change In Cash $235.2K -227.0K -$128.4K
YoY Change -1840.62% -57.27% -212.9%
FREE CASH FLOW
Cash From Operating Activities -$422.2K -$1.427M -$4.478M
Capital Expenditures $3.000K $10.00 $20.76K
Free Cash Flow -$425.2K -$1.427M -$4.499M
YoY Change -43.69% 114.16% -5.2%

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-473027 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
215098 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17443 usd
CY2022 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
1727275 usd
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
392175 usd
CY2022 PBIO Warrants Issued For Debt Extension
WarrantsIssuedForDebtExtension
132537 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2198861 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
467092 usd
CY2022 PBIO Issuance Of Common Stock For Dividends Paidinkind
IssuanceOfCommonStockForDividendsPaidinkind
386300 usd
CY2022 PBIO Issuance Of Common Stock For Interest Paidinkind
IssuanceOfCommonStockForInterestPaidinkind
2943139 usd
CY2022 PBIO Stock Issued With Debt
StockIssuedWithDebt
873854 usd
CY2022 PBIO Sale Of Common Stock For Cash
SaleOfCommonStockForCash
25000 usd
CY2022 PBIO Warrants Issued For Services
WarrantsIssuedForServices
54495 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
93576 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-16076678 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-32686371 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-16076678 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-20153486 usd
CY2022 PBIO Gain On Loan Forgiveness
GainOnLoanForgiveness
10000 usd
CY2021 PBIO Gain On Loan Forgiveness
GainOnLoanForgiveness
734077 usd
CY2022 PBIO Noncash Lease Expense Income
NoncashLeaseExpenseIncome
113470 usd
CY2021 PBIO Noncash Lease Expense Income
NoncashLeaseExpenseIncome
65194 usd
CY2022 PBIO Common Stock And Warrants Issued For Interest
CommonStockAndWarrantsIssuedForInterest
2943139 usd
CY2021 PBIO Common Stock And Warrants Issued For Interest
CommonStockAndWarrantsIssuedForInterest
7265954 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
119788 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1777863 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2331398 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-130279 usd
CY2022 PBIO Allowance For Inventory Reserve
AllowanceForInventoryReserve
641815 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
215098 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
254615 usd
CY2022 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
3662 usd
CY2021 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-457025 usd
CY2022 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
446670 usd
CY2021 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
794562 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
140628 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
23518 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
180644 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
554787 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-165090 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
107681 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
109314 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-226771 usd
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
49567 usd
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
15106 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-113470 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-65194 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
3133829 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1165276 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4478041 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4868573 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20755 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
122945 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20755 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-122945 usd
CY2021 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
1015000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
25000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17443 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14773 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
4907222 usd
CY2021 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
5514250 usd
CY2022 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
2710000 usd
CY2021 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
2010688 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
866350 usd
CY2021 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
254600 usd
CY2022 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1522494 usd
CY2021 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1833295 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
315300 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
354600 usd
CY2022 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
2317871 usd
CY2021 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
1516127 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4370350 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5105289 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-128446 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
113771 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
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3865 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
132311 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1378647 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
921569 usd
CY2021 PBIO Common Stock Issued For Noncash Warrant Exercise
CommonStockIssuedForNoncashWarrantExercise
363 usd
CY2022 PBIO Early Asu202006 Adoption
EarlyAsu202006Adoption
473027 usd
CY2022 us-gaap Stock Issued1
StockIssued1
873854 usd
CY2021 us-gaap Stock Issued1
StockIssued1
646718 usd
CY2022 PBIO Discount From Warrants Issued With Debt
DiscountFromWarrantsIssuedWithDebt
93576 usd
CY2021 PBIO Discount From Warrants Issued With Debt
DiscountFromWarrantsIssuedWithDebt
1403546 usd
CY2022 PBIO Common Stock Issued In Lieu Of Cash For Dividend
CommonStockIssuedInLieuOfCashForDividend
386300 usd
CY2021 PBIO Common Stock Issued In Lieu Of Cash For Dividend
CommonStockIssuedInLieuOfCashForDividend
184274 usd
CY2022 PBIO Noncash Preferred Stock Dividends
NoncashPreferredStockDividends
1727275 usd
CY2021 PBIO Noncash Preferred Stock Dividends
NoncashPreferredStockDividends
1658175 usd
CY2022 PBIO Conversion Of Preferred Stock For Common Stock
ConversionOfPreferredStockForCommonStock
44 usd
CY2022 PBIO Conversion Of Debt Into Common Stock
ConversionOfDebtIntoCommonStock
467092 usd
CY2021 PBIO Conversion Of Debt Into Common Stock
ConversionOfDebtIntoCommonStock
2989990 usd
CY2021 PBIO Discount Due To Beneficial Conversion Feature
DiscountDueToBeneficialConversionFeature
1320331 usd
CY2021 PBIO Non Cash Deemed Dividendbeneficial Conversion Feature
NonCashDeemedDividendbeneficialConversionFeature
873798 usd
CY2021 PBIO Conversion Of Debt For Preferred Stock
ConversionOfDebtForPreferredStock
500250 usd
CY2021 PBIO Recognition Of Right Of Use Asset And Liability
RecognitionOfRightOfUseAssetAndLiability
239327 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_840_eus-gaap--UseOfEstimates_zBmGZeQ9EKhf" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>ii. <span id="xdx_86D_zTMsIpmhwQb9">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; 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-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To prepare our consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, we are required to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. In addition, significant estimates were made in deferred tax assets, the costs associated with fulfilling our warranty obligations for the instruments that we sell, and the estimates employed in our calculation of fair value of stock options awarded. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from the estimates and assumptions used.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2020Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2728243 usd
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2255216 usd
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
473027 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1729000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2002000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1729000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2002000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1729000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2002000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.61
CY2022Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
295000 usd
CY2021Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
155000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
60000 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
41000 usd
CY2022Q4 PBIO Extended Warranty Service
ExtendedWarrantyService
60000 usd
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.42
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
188587 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
296892 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1480769 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1193158 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
982973 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
342496 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
686383 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
1147554 usd
CY2022Q4 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
317308 usd
CY2021Q4 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
403846 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_841_eus-gaap--ConcentrationRiskCreditRisk_zMmA4FJ5Jzi3" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>xii. <span id="xdx_864_zabQl5X9HvT3">Concentrations</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; 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-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><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-top: 0pt; margin-bottom: 0pt; 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-top: 0pt; margin-bottom: 0pt; 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 and university labs. Allowances are provided for estimated amounts of accounts receivable which may not be collected. At December 31, 2022, we determined that no allowance against accounts receivable was necessary.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_897_eus-gaap--FairValueConcentrationOfRiskTextBlock_zwUaM3NKOxM5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; 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 of the below two groups within revenue as a percentage of total revenues during the years ended December 31:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8B2_zHOeuuQ9oCn" 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; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">2022</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">2021</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"> </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: 64%; text-align: left">Top Five Customers</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 14%; text-align: right"><span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20221231__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zZpUjdwtbH4j" title="Concentration credit risk percentage">24</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">%</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 14%; text-align: right"><span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_dp_c20210101__20211231__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_ziYJDEH889hd" title="Concentration credit risk percentage">44</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">%</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">Federal Agencies</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20221231__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zv6KgvoS3dWf" title="Concentration credit risk percentage">0</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left">%</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_dp_c20210101__20211231__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z9wYQS8EBPFk" title="Concentration credit risk percentage">6</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left">%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; 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-top: 0pt; margin-bottom: 0pt; 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 of the below two groups within accounts receivable as a percentage of total accounts receivable balance as of December 31:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; 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; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">2022</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">2021</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"> </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: 64%; text-align: left">Top Five Customers</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 14%; text-align: right"><span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20221231__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zWXAzvrNTn1h" title="Concentration credit risk percentage">93</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">%</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 14%; text-align: right"><span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_dp_c20210101__20211231__srt--MajorCustomersAxis__custom--TopFiveCustomersMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z1RTq7wGrD5b" title="Concentration credit risk percentage">82</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">%</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">Federal Agencies</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20221231__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zJKNMpuMGtyf" title="Concentration credit risk percentage">0</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left">%</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_dp_c20210101__20211231__srt--MajorCustomersAxis__custom--FederalAgenciesMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zQs5QaCrr2ed" title="Concentration credit risk percentage">5</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left">%</td></tr> </table> <p id="xdx_8AC_zY6xmzMbHTG5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Investment in Equity Securities</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of December 31, 2022, we held <span id="xdx_90D_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20220101__20221231__dei--LegalEntityAxis__custom--NexityGlobalSAMember_zMWe8ST0LlE2" title="Sale of stock number of shares received">100,250</span> shares of common stock of Nexity Global SA, (a Polish publicly traded company). On October 23, 2020 Everest Investments S.A. changed its name to Nexity Global S.A. Nexity is and Everest was listed on the Warsaw Stock Exchange.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; 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-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We had exchanged <span id="xdx_90B_ecustom--NumberOfCommonStockSharesExchangedDuringPeriod_c20220101__20221231__us-gaap--StatementEquityComponentsAxis__custom--EverestMember_zv1CmASYoPx">33,334</span> shares of our common stock for the <span id="xdx_908_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20220101__20221231__us-gaap--StatementEquityComponentsAxis__custom--EverestMember_zPxiejSHvjdd">100,250</span> shares we had held in Everest (before the Nexity Merger). We account for this investment in accordance with ASC 320 “Investments — Debt and Equity Securities.” ASC 320 requires equity investments with readily determinable fair values to be measured at fair value with changes in fair value recognized in net income.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; 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-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of December 31, 2022, our consolidated balance sheet reflected the fair value, determined on a recurring basis based on Level 1 inputs, of our investment in Nexity to be $<span id="xdx_907_eus-gaap--InvestmentOwnedAtFairValue_iI_c20221231__dei--LegalEntityAxis__custom--NexityGlobalSAMember_z5x99mC9fhni" title="Investment Owned, at Fair Value">63,638</span>. We recorded $<span id="xdx_909_eus-gaap--MarketableSecuritiesRealizedGainLoss_c20220101__20221231__dei--LegalEntityAxis__custom--NexityGlobalSAMember_z6zH2bPiZFV5" title="Unrealized gain">3,662</span> as unrealized gain during the year ended December 31, 2022 for changes in market value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; 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-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in">As of December 31, 2021, our consolidated balance sheet reflected the fair value, determined on a recurring basis based on Level 1 inputs, of our investment in Nexity to be $<span id="xdx_905_eus-gaap--InvestmentOwnedAtFairValue_iI_c20211231__dei--LegalEntityAxis__custom--NexityGlobalSAMember_z6fiJGG5kFQj" title="Investment Owned, at Fair Value">59,976</span>. We recorded $<span id="xdx_908_eus-gaap--MarketableSecuritiesRealizedGainLoss_c20210101__20211231__dei--LegalEntityAxis__custom--NexityGlobalSAMember_zdFkddwT7ga" title="Unrealized gain">457,025</span> as unrealized losses during the year ended December 31, 2021 for changes in market value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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-17803953 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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11058356 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6636523 shares
CY2022Q4 us-gaap Property Plant And Equipment Net
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022 us-gaap Share Based Compensation
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
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CY2021 us-gaap Share Based Compensation
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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140455 usd
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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510878 usd
CY2022 us-gaap Advertising Expense
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487 usd
CY2021 us-gaap Advertising Expense
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17594 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
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63638 usd
CY2021Q4 us-gaap Assets Fair Value Disclosure
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59976 usd
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374132 usd
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
353379 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
194999 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
194999 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
25248 usd
CY2021Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
25248 usd
CY2022Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
53098 usd
CY2021Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
53098 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
647477 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
626724 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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544126 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
115846 usd
CY2022 us-gaap Depreciation
Depreciation
33250 usd
CY2021 us-gaap Depreciation
Depreciation
23589 usd
CY2022 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P9Y
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FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
80000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
80000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
80000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
80000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
80000 usd
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750000 usd
CY2021Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
750000 usd
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432692 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
346154 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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317308 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
403846 usd
CY2022 us-gaap Amortization Of Intangible Assets
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86538 usd
CY2021 us-gaap Amortization Of Intangible Assets
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86538 usd
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CY2021 us-gaap Pension Contributions
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CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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CY2022Q4 us-gaap Deferred Tax Assets Inventory
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CY2021Q4 us-gaap Deferred Tax Assets Inventory
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
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91792 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
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CY2021Q4 us-gaap Deferred Tax Assets Other
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15169 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
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104609 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
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104609 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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28435535 usd
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0.21 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.21 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.21 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
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332440 usd
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50345 usd
CY2022Q4 us-gaap Operating Lease Liability
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282095 usd
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CY2021 us-gaap Increase Decrease In Operating Lease Liability
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Operating Lease Liability Current
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142171 usd
CY2021Q4 us-gaap Operating Lease Liability Current
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
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CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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262569 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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282095 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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395565 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y8M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.12 pure
CY2022Q4 us-gaap Finance Lease Liability
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CY2021Q4 us-gaap Finance Lease Liability
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CY2022 us-gaap Operating Lease Cost
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CY2021 us-gaap Operating Lease Cost
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CY2022 us-gaap Short Term Lease Cost
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CY2021 us-gaap Short Term Lease Cost
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91800 usd
CY2022 us-gaap Lease Cost
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243039 usd
CY2021 us-gaap Lease Cost
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179183 usd
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CY2022 us-gaap Debt Instrument Maturity Date Description
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March, 2020 to December, 2023
CY2022Q4 us-gaap Debt Instrument Face Amount
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12000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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CY2021Q4 us-gaap Debt Instrument Carrying Amount
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14376462 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
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455517 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
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1536649 usd
CY2022Q4 us-gaap Convertible Debt Current
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17823669 usd
CY2021Q4 us-gaap Convertible Debt Current
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12839813 usd
CY2022 us-gaap Debt Instrument Convertible Stock Price Trigger
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2.50
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
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2.50
CY2022 PBIO Debt Default Convertible Conversion Ratio
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0.75 pure
CY2022 us-gaap Debt Instrument Convertible Stock Price Trigger
DebtInstrumentConvertibleStockPriceTrigger
2.50
CY2022 PBIO Debt Default Convertible Conversion Ratio
DebtDefaultConvertibleConversionRatio
0.75 pure
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022 us-gaap Debt Instrument Convertible Conversion Price Increase
DebtInstrumentConvertibleConversionPriceIncrease
2.50
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022 us-gaap Debt Instrument Convertible Conversion Price Increase
DebtInstrumentConvertibleConversionPriceIncrease
2.50
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022 us-gaap Debt Instrument Convertible Conversion Price Decrease
DebtInstrumentConvertibleConversionPriceDecrease
2.50
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022 us-gaap Debt Instrument Convertible Conversion Price Increase
DebtInstrumentConvertibleConversionPriceIncrease
2.50
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q4 us-gaap Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
1 usd
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.50
CY2022Q4 PBIO Percentage Of Price Rate
PercentageOfPriceRate
0.10 pure
CY2022Q4 PBIO Convertible Lesser Per Share
ConvertibleLesserPerShare
2.5
CY2022Q4 PBIO Convertible Lesser Discount Percent
ConvertibleLesserDiscountPercent
0.25 pure
CY2022 us-gaap Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
0.35 pure
CY2022Q4 PBIO Convertible Lesser Per Share
ConvertibleLesserPerShare
2.50
CY2022Q4 PBIO Convertible Lesser Discount Percent
ConvertibleLesserDiscountPercent
0.25 pure
CY2022 us-gaap Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
5 integer
CY2022Q4 PBIO Default Convertible Lesser Price Per Share
DefaultConvertibleLesserPricePerShare
2.50
CY2022Q4 PBIO Debt Instrument Trading Percent
DebtInstrumentTradingPercent
0.90 pure
CY2022 us-gaap Debt Instrument Increase Decrease For Period Net
DebtInstrumentIncreaseDecreaseForPeriodNet
1815000 usd
CY2022Q4 PBIO Increased Debt Instrument Face Amount
IncreasedDebtInstrumentFaceAmount
3024561 usd
CY2022Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
1788969 usd
CY2021Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
1406840 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
150000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
150000 usd
CY2022Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
1638969 usd
CY2021Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
1256840 usd
CY2022 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2023-05-02
CY2022Q4 PBIO Non Convertible Debt Instrument Amount
NonConvertibleDebtInstrumentAmount
861500 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
150000 usd
CY2022Q4 PBIO Accrued Interest Rate Percent
AccruedInterestRatePercent
0.0375 pure
CY2022 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
731 usd
CY2022Q4 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
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15790603 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
15302830 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2259408 shares
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
208911 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
275502 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
25389 shares
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
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
277500 shares
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
25279 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
205839 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17586591 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
17570591 shares
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1307822 shares
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P6Y8M12D
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
0.72
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1291822 shares
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P6Y8M12D
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
0.69
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
25279 shares
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17443 usd
CY2022 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
255500 shares
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
392175 usd
CY2022 PBIO Stock Issued During Period Shares Issued For Debt Extensions
StockIssuedDuringPeriodSharesIssuedForDebtExtensions
1423800 shares
CY2022 PBIO Stock Issued During Period Value Issued For Debt Extensions
StockIssuedDuringPeriodValueIssuedForDebtExtensions
2198861 usd
CY2022 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
181918 shares
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
467092 usd
CY2022 PBIO Stock Issued During Period Shares Conversion Of Preferred Stock
StockIssuedDuringPeriodSharesConversionOfPreferredStock
4400 shares
CY2022 PBIO Stock Issued During Period Value Interest Paid In Kind
StockIssuedDuringPeriodValueInterestPaidInKind
2943139 usd
CY2022 PBIO Stock Issued During Period Shares Issued For Debt
StockIssuedDuringPeriodSharesIssuedForDebt
659000 shares
CY2022 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
873854 usd
CY2022 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
10000 shares
CY2021 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
333200 shares
CY2021 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
794562 usd
CY2021Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
36290 shares
CY2021 PBIO Stock Issued With Debt
StockIssuedWithDebt
646718 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
2700000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
6288529 usd
CY2020Q4 us-gaap Debt Instrument Description
DebtInstrumentDescription
we are obligated to issue 100,000 warrants if the loan is not repaid before January 23, 2021 and an additional 10,000 shares of common stock and 100,000 warrants if the loan is not repaid before February 23, 2021. We are also obligated to issue 10,000 shares of common stock and 200,000 warrants if the loan is not repaid before March 23, 2021. During the year ended December 31, 2021 the Company issued 400,000 warrants to this lender ($3.50 exercise price and five-year term) with a fair value of $600,298. The Company is also obligated to issue 10,000 shares of common stock to this lender every 31 days up to the loan’s maturity date on June 23, 2021.
CY2021Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
9393150 usd
CY2020Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1535500 usd
CY2020Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
9390000 usd

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