2023 Q2 Form 10-Q Financial Statement

#000165495423006575 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $1.760M $1.196M $216.1K
YoY Change 128.35% 453.3% 143.51%
Cost Of Revenue $100.0K $129.2K $46.91K
YoY Change 14.26% 175.52% -15.39%
Gross Profit $1.660M $1.066M $169.2K
YoY Change 142.97% 530.32% 408.06%
Gross Profit Margin 94.32% 89.19% 78.29%
Selling, General & Admin $5.070M $3.537M $3.010M
YoY Change -20.13% 17.54% -24.95%
% of Gross Profit 305.42% 331.7% 1778.8%
Research & Development $7.410M $4.830M $4.980M
YoY Change -0.35% -3.01% 98.45%
% of Gross Profit 446.39% 452.94% 2943.5%
Depreciation & Amortization $80.00K $77.88K $44.09K
YoY Change 88.55% 76.64% 199.73%
% of Gross Profit 4.82% 7.3% 26.06%
Operating Expenses $12.48M $8.497M $8.037M
YoY Change -9.46% 5.73% 22.23%
Operating Profit -$10.82M -$7.301M -$7.820M
YoY Change -17.41% -6.64% 20.57%
Interest Expense $100.0K $3.434K $3.019K
YoY Change -70.01% 13.75%
% of Operating Profit
Other Income/Expense, Net $153.3K $188.8K
YoY Change -18.79% -75.04%
Pretax Income -$10.71M -$7.148M -$7.632M
YoY Change -16.12% -6.34% 33.19%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$10.71M -$7.148M -$7.632M
YoY Change -16.12% -6.34% 33.19%
Net Earnings / Revenue -608.52% -597.81% -3531.56%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.91 -$0.63 -$31.96K
COMMON SHARES
Basic Shares Outstanding 11.52M shares 11.15M shares 231.7M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.00M $19.63M $37.72M
YoY Change -63.26% -47.95% -45.05%
Cash & Equivalents $10.98M $19.63M $37.72M
Short-Term Investments $3.000M
Other Short-Term Assets $1.900M $2.278M $2.705M
YoY Change -1.68% -15.8% -2.01%
Inventory $526.0K $630.0K $1.032M
Prepaid Expenses
Receivables $2.916M $1.699M $790.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $16.32M $24.24M $42.25M
YoY Change -52.82% -42.62% -46.78%
LONG-TERM ASSETS
Property, Plant & Equipment $684.9K $713.6K $544.6K
YoY Change 27.0% 31.02% -61.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $56.92K $56.92K $56.92K
YoY Change 0.0% 0.0% -0.01%
Total Long-Term Assets $1.618M $1.370M $1.570M
YoY Change 9.71% -12.77% 5.64%
TOTAL ASSETS
Total Short-Term Assets $16.32M $24.24M $42.25M
Total Long-Term Assets $1.618M $1.370M $1.570M
Total Assets $17.94M $25.61M $43.82M
YoY Change -50.27% -41.55% -45.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.304M $2.786M $2.403M
YoY Change 36.29% 15.96% 178.09%
Accrued Expenses $6.511M $5.536M $3.175M
YoY Change -5.3% 74.34% -42.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $105.0K $99.60K
YoY Change -0.91% 5.42%
Total Short-Term Liabilities $15.13M $11.85M $11.98M
YoY Change -6.94% -1.05% 19.33%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $73.14K $178.1K
YoY Change -100.0% -58.94%
Other Long-Term Liabilities $2.083M $3.771M $2.955M
YoY Change -27.19% 27.63% -62.87%
Total Long-Term Liabilities $2.083M $3.771M $2.955M
YoY Change -27.19% 27.63% -62.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.13M $11.85M $11.98M
Total Long-Term Liabilities $2.083M $3.771M $2.955M
Total Liabilities $17.81M $16.02M $15.73M
YoY Change -10.09% 1.81% -12.58%
SHAREHOLDERS EQUITY
Retained Earnings -$415.5M -$404.8M -$375.2M
YoY Change 7.1% 7.89%
Common Stock $116.6K $111.5K $2.318M
YoY Change 25.73% -95.19%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $134.1K $9.593M $28.09M
YoY Change
Total Liabilities & Shareholders Equity $17.94M $25.61M $43.82M
YoY Change -50.27% -41.55% -45.82%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$10.71M -$7.148M -$7.632M
YoY Change -16.12% -6.34% 33.19%
Depreciation, Depletion And Amortization $80.00K $77.88K $44.09K
YoY Change 88.55% 76.64% 199.73%
Cash From Operating Activities -$9.610M -$1.408M -$9.491M
YoY Change 24.5% -85.16% 170.84%
INVESTING ACTIVITIES
Capital Expenditures $50.00K $116.9K -$77.40K
YoY Change -234.73% -250.99% 1253.15%
Acquisitions
YoY Change
Other Investing Activities -$2.990M
YoY Change
Cash From Investing Activities -$3.050M -$116.9K -$77.40K
YoY Change 8118.81% 50.99% 1253.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.010M -25.32K -37.13K
YoY Change -4237.65% -31.81% 705.42%
NET CHANGE
Cash From Operating Activities -9.610M -1.408M -9.491M
Cash From Investing Activities -3.050M -116.9K -77.40K
Cash From Financing Activities 1.010M -25.32K -37.13K
Net Change In Cash -11.65M -1.551M -9.606M
YoY Change 49.74% -83.86% 173.3%
FREE CASH FLOW
Cash From Operating Activities -$9.610M -$1.408M -$9.491M
Capital Expenditures $50.00K $116.9K -$77.40K
Free Cash Flow -$9.660M -$1.525M -$9.414M
YoY Change 25.75% -83.8% 169.07%

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WarrantExercisesAmount
280000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
16132 usd
us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
28085459 usd
us-gaap Profit Loss
ProfitLoss
16827424 usd
us-gaap Profit Loss
ProfitLoss
23430681 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
207278 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
279023 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
268856 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
64000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1188918 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1789947 usd
ptn Gainloss On Purchase Commitment
GainlossOnPurchaseCommitment
1027322 usd
ptn Gainloss On Purchase Commitment
GainlossOnPurchaseCommitment
0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
0 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
0 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
345044 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
224258 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1762089 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1339183 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-278863 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1010416 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1004400 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
381531 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
146062 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
221311 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9109117 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
75189 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
32050 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
78 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
280000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16132 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8887944 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
42771 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10306824 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-22385388 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29939154 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60104919 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19632330 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
37719531 usd
us-gaap Interest Paid Net
InterestPaidNet
18523 usd
us-gaap Interest Paid Net
InterestPaidNet
11423 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-404821120 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-7147919 usd
us-gaap Net Income Loss
NetIncomeLoss
-16827424 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19632330 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
11851363 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em>Use of Estimates</em> – The preparation of consolidated financial statements in conformity with U.S. GAAP 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2023Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
18930140 usd
CY2022Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
29740565 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em>Credit Risk</em> – Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents, and accounts receivable. Total cash and cash equivalent balances have exceeded balances insured by the Federal Depository Insurance Company. Currently, product revenues and related accounts receivable are generated primarily from one specialty pharmacy.</p>
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2837912 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2630634 usd
ptn Accrued Expensespolicytextblock
AccruedExpensespolicytextblock
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em>Accrued Expenses –</em> Third parties perform a significant portion of the Company’s development activities. The Company reviews the activities performed under all contracts each quarter and accrues expenses and the amount of any reimbursement to be received from its collaborators based upon the estimated amount of work completed considering milestones achieved. Estimating the value or stage of completion of certain services requires judgment based on available information. If the Company does not identify services performed for it but not billed by the service-provider, or if it underestimates or overestimates the value of services performed as of a given date, reported expenses will be understated or overstated.</p>
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3425323 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1107775 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
279700 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
280500 shares
CY2020Q3 ptn Contract Termination Agreement Payments
ContractTerminationAgreementPayments
12000000 usd
CY2021Q1 ptn Contract Termination Agreement Payments
ContractTerminationAgreementPayments
4300000 usd
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
18194000 usd
us-gaap Line Of Credit Facility Increase Accrued Interest
LineOfCreditFacilityIncreaseAccruedInterest
2300000 usd
CY2020Q3 ptn Inventory And Prepaid Expenses Estimated Fair Value
InventoryAndPrepaidExpensesEstimatedFairValue
5817795 usd
CY2022Q2 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
1623795 usd
CY2021Q2 us-gaap Loss On Contract Termination
LossOnContractTermination
4407987 usd
CY2021Q2 ptn Net Loss
NetLoss
2784192 usd
us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
1027322 usd
CY2017Q3 us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
4500000 usd
CY2017Q3 us-gaap Payments For Restructuring
PaymentsForRestructuring
5000000 usd
CY2017Q3 ptn Taxexpenses
taxexpenses
500000 usd
CY2017Q3 us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
7500000 usd
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
92500000 usd
CY2023Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
18930140 usd
CY2017Q4 us-gaap Officers Compensation
OfficersCompensation
417500 usd
CY2017Q4 us-gaap Payments For Restructuring
PaymentsForRestructuring
500000 usd
CY2017Q4 ptn Taxexpenses
taxexpenses
82500 usd
CY2017Q4 us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
3000000 usd
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
37500000 usd
CY2023Q1 ptn Prepaid Clinical Study Costs
PrepaidClinicalStudyCosts
118418 usd
CY2022Q2 ptn Prepaid Clinical Study Costs
PrepaidClinicalStudyCosts
310573 usd
CY2023Q1 ptn Prepaid Insurance Premiums
PrepaidInsurancePremiums
483661 usd
CY2022Q2 ptn Prepaid Insurance Premiums
PrepaidInsurancePremiums
132413 usd
CY2023Q1 ptn Vyleesi Contractual Advances
VyleesiContractualAdvances
815750 usd
CY2022Q2 ptn Vyleesi Contractual Advances
VyleesiContractualAdvances
815750 usd
CY2023Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
859669 usd
CY2022Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
673718 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
2277498 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1932454 usd
CY2022Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
29740565 usd
CY2023Q1 ptn Clinical Study Costs
ClinicalStudyCosts
4398822 usd
CY2022Q2 ptn Clinical Study Costs
ClinicalStudyCosts
3944798 usd
CY2023Q1 ptn Other Research Related Expenses
OtherResearchRelatedExpenses
86034 usd
CY2022Q2 ptn Other Research Related Expenses
OtherResearchRelatedExpenses
35172 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
7504 usd
CY2022Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
351257 usd
CY2023Q1 ptn Personal Cost
PersonalCost
0 usd
CY2022Q2 ptn Personal Cost
PersonalCost
1545896 usd
CY2023Q1 ptn Accrued Selling Expenses
AccruedSellingExpenses
901347 usd
CY2022Q2 ptn Accrued Selling Expenses
AccruedSellingExpenses
840703 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
142326 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
157390 usd
CY2023Q1 ptn Tota Acrrued Liabilities
TotaAcrruedLiabilities
5536033 usd
CY2022Q2 ptn Tota Acrrued Liabilities
TotaAcrruedLiabilities
6875216 usd
CY2023Q1 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
7837100 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3122850 usd
CY2023Q1 ptn Accrued Other Long Term Liabilities
AccruedOtherLongTermLiabilities
3771400 usd
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5754986 usd
CY2022Q2 ptn Accrued Other Long Term Liabilities
AccruedOtherLongTermLiabilities
2861250 usd
us-gaap Accounts Receivable Purchase
AccountsReceivablePurchase
15750000 usd
us-gaap Proceeds From Grantors
ProceedsFromGrantors
15000000 usd
ptn Voting Of Shares Description
VotingOfSharesDescription
The holders of Series C Preferred Stock were entitled to 20,000 votes per share
CY2022Q4 ptn Description Of Securities Purchase
DescriptionOfSecuritiesPurchase
1,020,000 shares of the Company’s common stock, (ii) prefunded warrants (the “Pre-Funded Warrants”) to purchase up to 798,182 shares of the Company’s common stock, and (iii) common stock warrants (the “Common Warrants”) to purchase up to 1,818,182 shares of the Company’s common stock. Each share of common stock was offered with one accompanying Common Warrant with a combined offering price of $5.50. Each Pre-Funded Warrant was offered with one accompanying Common Warrant with a combined offering price of $5.4999
CY2022Q4 ptn Exercise Price Per Share Warrants Outstanding
ExercisePricePerShareWarrantsOutstanding
5.83
CY2022Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.0001
ptn Shares Of Common Stock
SharesOfCommonStock
798182 shares
us-gaap Costs And Expenses
CostsAndExpenses
9109117 usd
CY2023Q1 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
194245 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
576786 usd
CY2022Q1 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
329146 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1108693 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1163962 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.98
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P7Y1M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
33160 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
4.58
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
274440 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
12.00
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
38274 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
18.21
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
884408 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.05
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y3M18D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
430873 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.85
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y1M6D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
0 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
453535 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
11.34
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P8Y4M24D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
0 usd
CY2022Q2 ptn Unvested Performance Based Stock Options Granted To Executive Officers And Other Employees
UnvestedPerformanceBasedStockOptionsGrantedToExecutiveOfficersAndOtherEmployees
166233 shares
CY2022Q2 ptn Unvested Performance Based Stock Options Granted
UnvestedPerformanceBasedStockOptionsGranted
18921 shares
CY2020Q2 ptn Unvested Performances Based Restricted Stock Unit
UnvestedPerformancesBasedRestrictedStockUnit
87303 usd
CY2021Q2 ptn Unvested Performances Based Restricted Stock Unit
UnvestedPerformancesBasedRestrictedStockUnit
95167 usd
CY2022Q2 ptn Unvested Performances Based Restricted Stock Unit
UnvestedPerformancesBasedRestrictedStockUnit
60566 usd
CY2023Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
202512 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
612132 usd
CY2022Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
204633 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
681254 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
649149 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
3312 shares
ptn Restricted Stock Vested In Period
RestrictedStockVestedInPeriod
-84062 shares
ptn Fractional Shares
FractionalShares
-6 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
561769 shares
CY2021Q2 ptn Performance Based Restricted Stock
PerformanceBasedRestrictedStock
18000 shares
CY2022Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
50.00
CY2023Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
4674999 usd
ptn Decription Of Commission
DecriptionOfCommission
The Company pays Canaccord 3.0% of the gross proceeds as a commission

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