2019 Q3 Form 10-Q Financial Statement

#000143774919022592 Filed on November 13, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3 2018 Q2
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $620.0K $470.0K $650.0K
YoY Change 31.91% -9.62% 32.65%
% of Gross Profit
Research & Development $720.0K $450.0K $442.0K
YoY Change 60.0% -15.09% -34.52%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $720.0K $450.0K $442.0K
YoY Change 60.0% -15.09% -34.52%
Operating Profit -$1.342M -$917.0K -$1.096M
YoY Change 46.35% -12.25% -5.68%
Interest Expense $3.000K $3.000K $1.288M
YoY Change 0.0% -99.37% 172.3%
% of Operating Profit
Other Income/Expense, Net -$222.0K -$63.00K -$1.468M
YoY Change 252.38% -83.02% 303.3%
Pretax Income -$1.564M -$980.0K -$2.564M
YoY Change 59.59% -30.79% 68.02%
Income Tax -$190.0K -$55.00K -$79.00K
% Of Pretax Income
Net Earnings -$1.374M -$925.0K -$2.487M
YoY Change 48.54% -24.12% 75.88%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$228.0K -$183.8K -$544.9K
COMMON SHARES
Basic Shares Outstanding 5.722M
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.380M $240.0K $910.0K
YoY Change 1308.33% -74.47% -23.53%
Cash & Equivalents $3.377M $239.0K $905.0K
Short-Term Investments
Other Short-Term Assets $120.0K $120.0K $90.00K
YoY Change 0.0% -52.0% 12.5%
Inventory
Prepaid Expenses $119.0K $115.0K $85.00K
Receivables
Other Receivables
Total Short-Term Assets $3.771M $892.0K $1.496M
YoY Change 322.76% -41.81% -20.34%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $49.00K $53.00K $55.00K
YoY Change -7.55%
Total Long-Term Assets $49.00K $53.00K $55.00K
YoY Change -7.55%
TOTAL ASSETS
Total Short-Term Assets $3.771M $892.0K $1.496M
Total Long-Term Assets $49.00K $53.00K $55.00K
Total Assets $3.820M $945.0K $1.551M
YoY Change 304.23% -38.36% -17.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $261.0K $1.017M $936.0K
YoY Change -74.34% 16.36% 45.57%
Accrued Expenses $223.0K $140.0K $139.0K
YoY Change 59.29% -88.51% -87.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $200.0K $300.0K $300.0K
YoY Change -33.33% 0.67%
Total Short-Term Liabilities $689.0K $1.487M $1.441M
YoY Change -53.67% -30.81% -31.96%
LONG-TERM LIABILITIES
Long-Term Debt $740.0K
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $740.0K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $689.0K $1.487M $1.441M
Total Long-Term Liabilities $740.0K
Total Liabilities $1.431M $1.487M $1.441M
YoY Change -3.77% -59.06% -49.14%
SHAREHOLDERS EQUITY
Retained Earnings -$40.28M -$34.32M -$33.39M
YoY Change 17.38% 27.14% 29.6%
Common Stock $7.000K $5.000K $5.000K
YoY Change 40.0% 25.0% -86.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.389M -$542.0K $110.0K
YoY Change
Total Liabilities & Shareholders Equity $3.820M $945.0K $1.551M
YoY Change 304.23% -38.36% -17.41%

Cashflow Statement

Concept 2019 Q3 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income -$1.374M -$925.0K -$2.487M
YoY Change 48.54% -24.12% 75.88%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$460.0K -$640.0K -$1.000M
YoY Change -28.12% 156.0% -22.48%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.120M -30.00K 730.0K
YoY Change -10500.0% 1725.0%
NET CHANGE
Cash From Operating Activities -460.0K -640.0K -1.000M
Cash From Investing Activities
Cash From Financing Activities 3.120M -30.00K 730.0K
Net Change In Cash 2.660M -670.0K -270.0K
YoY Change -497.01% 168.0% -78.4%
FREE CASH FLOW
Cash From Operating Activities -$460.0K -$640.0K -$1.000M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Security12g Title
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snbp Noncash Interest Expense
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us-gaap Nature Of Operations
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<div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: top;"> <td style="width: 36pt;"> <div style=" margin: 0pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.</div> </div></div> </td> <td> <div style=" margin: 0pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">Risks and Uncertainties</div></div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The Company operates in a highly regulated and competitive environment. The development, manufacturing and marketing of pharmaceutical products require approval from, and are subject to ongoing oversight by, the Food and Drug Administration (&#x201c;FDA&#x201d;) in the United States, the Therapeutic Goods Administration in Australia, the European Medicines Agency in the European Union, and comparable agencies in other countries. Obtaining approval for a new pharmaceutical product is never certain, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>take many years, and is normally expected to involve substantial expenditures.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">We have incurred losses of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$40.3</div> million since our inception in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2011.</div> For the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">nine</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2019, </div>we incurred a net loss of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$5.2</div> million, which includes the amortization of discount on debt of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$2.1</div> million. We also incurred negative cash flows from operating activities of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1.9</div> million during this period. During this same period, we raised <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3.1</div> million from sales of common stock and warrants and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.8</div> million from the sale of convertible promissory notes and warrants, as discussed in Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4</div> titled &#x201c;Liquidity and Business Plan&#x201d;. The notes sold in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 2019, </div>along with similar ones sold in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 2018 </div>converted into common stock on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 30, 2019. </div>As we continue to pursue development activities and seek commercialization of our initial product candidate, SBP-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">101,</div> we expect to incur substantial losses, which are likely to generate negative net cash flows from operating activities. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2019, </div>we had cash of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3.4</div> million, working capital (current assets less current liabilities) of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3.1</div> million and stockholders&#x2019; equity of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$2.4</div> million. The Company&#x2019;s principal sources of cash have historically included the issuance of convertible debt and equity securities.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The accompanying condensed consolidated financial statements have been prepared assuming that we will continue as a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The condensed<div style="display: inline; font-weight: bold;"> </div>consolidated financial statements do <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> include any adjustments relating to the recoverability or classification of assets or the amounts of liabilities that might result from the outcome of these uncertainties. Our current independent registered public accounting firm included a paragraph emphasizing this going concern uncertainty in their audit report regarding our <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div> financial statements dated <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 22, 2019. </div>Our ability to continue as a going concern, realize the carrying value of our assets and discharge our liabilities in the ordinary course of business is dependent upon a number of factors, including our ability to obtain additional financing, the success of our development efforts, our ability to obtain marketing approval for our SBP-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">101</div> product candidate in the United States, Australia, the European Union or other markets and ultimately our ability to market and sell our SBP-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">101</div> product candidate. These factors, among others, raise substantial doubt about our ability to continue operations as a going concern. See Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4</div> titled &#x201c;Liquidity and Business Plan.&#x201d;</div></div>
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1867000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2225000
us-gaap Net Income Loss
NetIncomeLoss
-40300000
us-gaap Net Income Loss
NetIncomeLoss
-5226000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-1374000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-925000
us-gaap Net Income Loss
NetIncomeLoss
-5165000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-1753000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-2487000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-1581000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-2271000
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-222000
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-63000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2474000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2074000
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
49000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
51000
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
202000
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
155000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
219000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
324000
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
69000
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
100000
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-32000
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
49000
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-219000
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-89000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-287000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-362000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
7000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
16000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
27000
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2019Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
119000
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
110000
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
810000
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
3142000
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
2314000
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
800000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
82000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
25000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
720000
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
450000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1578000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1475000
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-40284000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-35058000
us-gaap Share Based Compensation
ShareBasedCompensation
958000
us-gaap Share Based Compensation
ShareBasedCompensation
1202000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.72
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
52849
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
732149
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
20800
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
700100
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
169495
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1674675
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1032211
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1711511
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.90
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.58
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.10
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.41
CY2019Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1330036
CY2019Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1711511
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P7Y156D
CY2019Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
6.581
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y321D
CY2018Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
3258000
CY2019Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
2281000
CY2018Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1261000
CY2018Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1080000
CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3142000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
2389000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
268000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-3689000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
-2320000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
110000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
-542000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
-588000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
-117000
CY2019Q3 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
204000
CY2018Q4 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
286000
CY2019Q3 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
742000
CY2018Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:9pt;margin-right:0pt;margin-top:0pt;text-align:left;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Use of estimates</div></div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The preparation of condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amount of expenses during the reporting period. Actual results could differ from those estimates.</div></div></div></div></div></div></div></div></div></div></div>
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6009904
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5060594
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5385986
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4522606

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