2019 Q4 Form 10-Q Financial Statement
#000158364819000075 Filed on November 12, 2019
Income Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
Revenue | $17.27M | $15.13M | $8.345M |
YoY Change | 251.73% | 81.33% | 112.5% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $4.480M | $4.840M | $4.750M |
YoY Change | -1.75% | 1.89% | 66.67% |
% of Gross Profit | |||
Research & Development | $14.12M | $13.21M | $11.40M |
YoY Change | 8.62% | 15.88% | 82.15% |
% of Gross Profit | |||
Depreciation & Amortization | $260.0K | $160.0K | $130.0K |
YoY Change | 62.5% | 23.08% | 116.67% |
% of Gross Profit | |||
Operating Expenses | $18.60M | $18.05M | $16.15M |
YoY Change | 5.92% | 11.75% | 77.25% |
Operating Profit | -$2.914M | -$7.804M | |
YoY Change | -62.66% | 50.54% | |
Interest Expense | $380.0K | $377.0K | $504.0K |
YoY Change | -19.15% | -25.2% | |
% of Operating Profit | |||
Other Income/Expense, Net | $180.0K | -$55.00K | $1.147M |
YoY Change | -45.45% | -104.8% | -166.34% |
Pretax Income | -$770.0K | -$2.592M | -$6.153M |
YoY Change | -93.5% | -57.87% | -10.99% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$770.0K | -$2.592M | -$6.153M |
YoY Change | -93.41% | -57.87% | -12.83% |
Net Earnings / Revenue | -4.46% | -17.13% | -73.73% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$14.50K | -$52.48K | -$113.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 54.98M shares | 49.39M shares | 54.03M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $104.2M | $86.20M | $137.3M |
YoY Change | -18.66% | -37.22% | 52.73% |
Cash & Equivalents | $62.26M | $46.07M | $89.48M |
Short-Term Investments | $41.90M | $40.20M | $47.80M |
Other Short-Term Assets | $4.100M | $4.800M | $4.200M |
YoY Change | -10.87% | 14.29% | 50.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $6.787M | $6.952M | $5.338M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $115.0M | $97.97M | $146.8M |
YoY Change | -15.05% | -33.28% | 54.13% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $19.50M | $11.01M | $4.687M |
YoY Change | 286.25% | 134.86% | 35.64% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | ||
YoY Change | |||
Other Assets | $3.146M | $7.770M | $121.0K |
YoY Change | 245.71% | 6321.49% | -6.4% |
Total Long-Term Assets | $26.08M | $18.78M | $4.808M |
YoY Change | 337.72% | 290.56% | 34.12% |
TOTAL ASSETS | |||
Total Short-Term Assets | $115.0M | $97.97M | $146.8M |
Total Long-Term Assets | $26.08M | $18.78M | $4.808M |
Total Assets | $141.1M | $116.8M | $151.7M |
YoY Change | -0.17% | -23.02% | 53.4% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.803M | $5.436M | $2.693M |
YoY Change | 73.22% | 101.86% | 3.51% |
Accrued Expenses | $9.944M | $7.170M | $5.981M |
YoY Change | 9.11% | 19.88% | 17.28% |
Deferred Revenue | $11.26M | $27.24M | |
YoY Change | -68.39% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $27.00M | $39.85M | $40.59M |
YoY Change | -43.83% | -1.84% | 3.99% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $12.08M | $32.00K |
YoY Change | -100.0% | 37656.25% | -26.37% |
Total Long-Term Liabilities | $0.00 | $12.08M | $32.00K |
YoY Change | -100.0% | 37656.25% | -26.37% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $27.00M | $39.85M | $40.59M |
Total Long-Term Liabilities | $0.00 | $12.08M | $32.00K |
Total Liabilities | $89.75M | $96.11M | $101.4M |
YoY Change | -11.5% | -5.21% | 7.52% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$174.2M | -$173.4M | -$135.4M |
YoY Change | 18.43% | 28.08% | 5.93% |
Common Stock | $227.5M | $194.7M | $188.7M |
YoY Change | 19.76% | 3.2% | 39.93% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $51.35M | $20.64M | $50.26M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $141.1M | $116.8M | $151.7M |
YoY Change | -0.17% | -23.02% | 53.4% |
Cashflow Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$770.0K | -$2.592M | -$6.153M |
YoY Change | -93.41% | -57.87% | -12.83% |
Depreciation, Depletion And Amortization | $260.0K | $160.0K | $130.0K |
YoY Change | 62.5% | 23.08% | 116.67% |
Cash From Operating Activities | -$13.98M | -$12.65M | -$14.36M |
YoY Change | 54.3% | -11.91% | -140.8% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.170M | -$240.0K | -$320.0K |
YoY Change | 105.26% | -25.0% | 10.34% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$710.0K | $4.360M | $53.72M |
YoY Change | -84.73% | -91.88% | |
Cash From Investing Activities | -$1.880M | $4.120M | $53.40M |
YoY Change | -63.98% | -92.28% | -18513.79% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $50.00M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 31.67M | 220.0K | 270.0K |
YoY Change | 316600.0% | -18.52% | -86.7% |
NET CHANGE | |||
Cash From Operating Activities | -13.98M | -12.65M | -14.36M |
Cash From Investing Activities | -1.880M | 4.120M | 53.40M |
Cash From Financing Activities | 31.67M | 220.0K | 270.0K |
Net Change In Cash | 15.81M | -8.310M | 39.31M |
YoY Change | -210.79% | -121.14% | 6.42% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$13.98M | -$12.65M | -$14.36M |
Capital Expenditures | -$1.170M | -$240.0K | -$320.0K |
Free Cash Flow | -$12.81M | -$12.41M | -$14.04M |
YoY Change | 50.88% | -11.61% | -139.56% |
Facts In Submission
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Q3 | ||
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2019 | ||
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Document Period End Date
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2019-09-30 | ||
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Document Type
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10-Q | ||
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CY2018Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2380000 | USD |
CY2019Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2430000 | USD |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4748000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13878000 | USD | |
CY2019Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4835000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13956000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6153000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-15220000 | USD | |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2592000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-24698000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-148000 | USD | |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
902000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-19370000 | USD | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
19365000 | USD | |
us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
0 | USD | |
us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
-853000 | USD | |
CY2018Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
504000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
1491000 | USD | |
CY2019Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
377000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
1332000 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
800000 | USD | |
CY2018Q4 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P0Y60M | |
CY2018Q4 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P12Y6M | |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
101406000 | USD |
CY2019Q3 | us-gaap |
Liabilities
Liabilities
|
96109000 | USD |
CY2019Q1 | us-gaap |
Liabilities
Liabilities
|
104883000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
141341000 | USD |
CY2019Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
116751000 | USD |
CY2019Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
143177000 | USD |
CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
48076000 | USD |
CY2019Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
39848000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
48504000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
501000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3658000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
11719000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
7992000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-15072000 | USD | |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2592000 | USD |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-38493000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6153000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-24698000 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
16149000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
42370000 | USD | |
CY2019Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
18046000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
54836000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7804000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18183000 | USD | |
CY2019Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2914000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-25827000 | USD | |
CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
945000 | USD |
CY2019Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1036000 | USD |
CY2018Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
910000 | USD |
CY2019Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
7770000 | USD |
CY2019Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
2030000 | USD |
CY2018Q3 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-506000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
1096000 | USD | |
CY2019Q3 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
374000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
377000 | USD | |
CY2019Q3 | us-gaap |
Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
100000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
100000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
27000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
546000 | USD | |
CY2019Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
1636000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
1908000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-506000 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
1096000 | USD | |
CY2019Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
374000 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
377000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
27000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
546000 | USD | |
CY2019Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1636000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1908000 | USD | |
CY2018Q3 | us-gaap |
Other Income
OtherIncome
|
0 | USD |
us-gaap |
Other Income
OtherIncome
|
91000 | USD | |
CY2019Q3 | us-gaap |
Other Income
OtherIncome
|
0 | USD |
us-gaap |
Other Income
OtherIncome
|
0 | USD | |
CY2018Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
27000 | USD |
CY2019Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
12082000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
376000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-90000 | USD | |
CY2018Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1147000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1472000 | USD | |
CY2019Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-55000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-203000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
67015000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
48762000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1133000 | USD | |
us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
178000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
314000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
105000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1286000 | USD | |
CY2018Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2019Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2019Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2019Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
7907 | shares |
CY2018Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
4574000 | USD |
CY2019Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
4778000 | USD |
CY2019Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
5290000 | USD |
CY2019Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
50000000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
47207000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
64490000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
61767000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
983000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
218000 | USD | |
us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
0 | USD | |
CY2018Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
8415000 | USD |
CY2019Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14397000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5049000 | USD |
CY2019Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11008000 | USD |
CY2018Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11401000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
28492000 | USD | |
CY2019Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13211000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
40880000 | USD | |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-147066000 | USD |
CY2019Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-173405000 | USD |
CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-148707000 | USD |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7873000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
22541000 | USD | |
CY2019Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
14498000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
26966000 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
8345000 | USD |
us-gaap |
Revenues
Revenues
|
24187000 | USD | |
CY2019Q3 | us-gaap |
Revenues
Revenues
|
15132000 | USD |
us-gaap |
Revenues
Revenues
|
29009000 | USD | |
CY2018Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
800000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3665000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4260000 | USD | |
CY2018Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
53240000 | USD |
CY2019Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
40175000 | USD |
CY2018Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
132000 | USD |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
313000 | USD | |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
100000 | USD |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
105000 | USD | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
178000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
47207000 | USD | |
CY2018Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
144000 | USD |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
983000 | USD | |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
121000 | USD |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
218000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11522000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
55315000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
50261000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
39935000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19485000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20642000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
38294000 | USD |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
1096000 | USD | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
469000 | USD | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
54089000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
52721000 | shares | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49353000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49805000 | shares | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has no financial instruments with off‑balance sheet risk such as foreign exchange contracts, option contracts or other foreign hedging arrangements. Financial instruments that subject Pieris to concentrations of credit risk include cash and cash equivalents, investments and accounts receivable. The Company’s cash, cash equivalents and investments are held in accounts with financial institutions that management believes are creditworthy. The Company’s investment policy includes guidelines on the quality of the institutions and financial instruments and defines allowable investments that the Company believes minimizes the exposure to concentration of credit risk. These amounts, at times, may exceed federally insured limits. The Company has not experienced any credit losses in such accounts and does not believe it is exposed to any significant credit risk on these funds. Accounts receivable primarily consist of amounts due under strategic partnership and other license agreements with major multi-national pharmaceutical companies for which the Company does not obtain collateral.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements in accordance with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and the related disclosures at the date of the financial statements and during the reporting period. Significant estimates are used for, but are not limited to, revenue recognition; deferred tax assets, deferred tax liabilities and valuation allowances; fair value of stock options and various accruals. Management evaluates its estimates on an ongoing basis. Actual results and outcomes could differ materially from management’s estimates, judgments and assumptions.</font></div></div> |