2021 Q4 Form 10-Q Financial Statement

#000162828021023382 Filed on November 15, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $15.33M $15.99M $15.28M
YoY Change 1.13% 4.63% -0.82%
Cost Of Revenue $17.56M $16.32M $14.93M
YoY Change 18.83% 9.26% -3.18%
Gross Profit -$2.231M -$329.0K $346.0K
YoY Change -672.05% -195.09% -2135.29%
Gross Profit Margin -14.55% -2.06% 2.26%
Selling, General & Admin $4.738M $5.422M $5.291M
YoY Change -27.66% 2.48% -17.97%
% of Gross Profit 1529.19%
Research & Development $1.390M $1.221M $1.745M
YoY Change -27.23% -30.03% 18.31%
% of Gross Profit 504.34%
Depreciation & Amortization $133.0K $100.0K $200.0K
YoY Change -39.55% -50.0% 0.0%
% of Gross Profit 57.8%
Operating Expenses $6.128M $6.643M $7.036M
YoY Change -27.57% -5.59% -11.22%
Operating Profit -$8.359M -$6.972M -$6.690M
YoY Change 3.58% 4.22% -15.76%
Interest Expense -$582.0K $609.0K $666.0K
YoY Change -1.36% -8.56% 4062.5%
% of Operating Profit
Other Income/Expense, Net $0.00 -$609.0K -$660.0K
YoY Change -7.73% -858.62%
Pretax Income -$8.941M -$7.581M -$7.350M
YoY Change 3.24% 3.14% -6.49%
Income Tax
% Of Pretax Income
Net Earnings -$8.941M -$7.581M -$7.350M
YoY Change 3.24% 3.14% -6.43%
Net Earnings / Revenue -58.32% -47.42% -48.1%
Basic Earnings Per Share -$0.08 -$0.10
Diluted Earnings Per Share -$1.047M -$0.08 -$0.10
COMMON SHARES
Basic Shares Outstanding 93.97M shares 93.88M shares 71.81M shares
Diluted Shares Outstanding 93.88M shares 71.81M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.44M $33.20M $67.30M
YoY Change -61.76% -50.67% 132.08%
Cash & Equivalents $13.28M $23.39M $56.60M
Short-Term Investments $9.158M $9.813M $10.70M
Other Short-Term Assets $2.861M $2.815M $2.620M
YoY Change 5.57% 7.44% -8.39%
Inventory $4.076M $4.028M $3.877M
Prepaid Expenses
Receivables $5.913M $6.036M $4.129M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $35.29M $46.08M $77.94M
YoY Change -49.2% -40.88% 92.17%
LONG-TERM ASSETS
Property, Plant & Equipment $2.486M $2.507M $2.785M
YoY Change -5.9% -9.98% -49.55%
Goodwill $921.0K $921.0K $921.0K
YoY Change 2.33% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $619.0K $729.0K $629.0K
YoY Change -1.59% 15.9% -41.76%
Total Long-Term Assets $13.29M $12.62M $7.293M
YoY Change 60.48% 73.0% -3.15%
TOTAL ASSETS
Total Short-Term Assets $35.29M $46.08M $77.94M
Total Long-Term Assets $13.29M $12.62M $7.293M
Total Assets $48.57M $58.70M $85.24M
YoY Change -37.52% -31.13% 77.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.739M $4.834M $4.190M
YoY Change -10.01% 15.37% 31.35%
Accrued Expenses $5.090M $4.371M $4.968M
YoY Change 1.54% -12.02% -8.0%
Deferred Revenue $2.171M $2.176M $2.180M
YoY Change -0.18% -0.18%
Short-Term Debt $437.0K $1.312M $0.00
YoY Change -100.0%
Long-Term Debt Due $7.381M $7.131M
YoY Change
Total Short-Term Liabilities $20.97M $21.76M $12.71M
YoY Change 63.89% 71.2% 2.57%
LONG-TERM LIABILITIES
Long-Term Debt $13.19M $14.09M $20.86M
YoY Change -37.06% -32.42%
Other Long-Term Liabilities $14.00K $11.76M $9.600M
YoY Change 22.45% -19.93%
Total Long-Term Liabilities $13.20M $14.09M $20.86M
YoY Change -36.99% -32.42% 73.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.97M $21.76M $12.71M
Total Long-Term Liabilities $13.20M $14.09M $20.86M
Total Liabilities $46.04M $47.61M $43.16M
YoY Change 5.65% 10.3% 77.03%
SHAREHOLDERS EQUITY
Retained Earnings -$370.1M -$361.1M -$328.7M
YoY Change 9.68% 9.86%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.535M $11.10M $42.08M
YoY Change
Total Liabilities & Shareholders Equity $48.57M $58.70M $85.24M
YoY Change -37.52% -31.13% 77.24%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$8.941M -$7.581M -$7.350M
YoY Change 3.24% 3.14% -6.43%
Depreciation, Depletion And Amortization $133.0K $100.0K $200.0K
YoY Change -39.55% -50.0% 0.0%
Cash From Operating Activities -$9.026M -$7.075M -$4.920M
YoY Change 5.32% 43.8% -20.26%
INVESTING ACTIVITIES
Capital Expenditures -$114.0K -$127.0K -$690.0K
YoY Change 42.5% -81.59% 392.86%
Acquisitions
YoY Change
Other Investing Activities $654.0K -$1.237M $2.570M
YoY Change -7.89% -148.13% -359.6%
Cash From Investing Activities $540.0K -$1.364M $1.880M
YoY Change -14.29% -172.55% -264.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.624M -549.0K 32.96M
YoY Change -101.67% 10200.0%
NET CHANGE
Cash From Operating Activities -9.026M -7.075M -4.920M
Cash From Investing Activities 540.0K -1.364M 1.880M
Cash From Financing Activities -1.624M -549.0K 32.96M
Net Change In Cash -10.11M -8.988M 29.92M
YoY Change 27.33% -130.04% -528.04%
FREE CASH FLOW
Cash From Operating Activities -$9.026M -$7.075M -$4.920M
Capital Expenditures -$114.0K -$127.0K -$690.0K
Free Cash Flow -$8.912M -$6.948M -$4.230M
YoY Change 4.97% 64.26% -29.85%

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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
34170000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-7752000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-7000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
-236000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
26178000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-8400000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-7000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
433000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
18203000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-7581000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
4000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
107000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
361000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
11094000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
20320000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-7984000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
501000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
935000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
21774000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-6893000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-7000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-6000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-19000 USD
CY2020Q2 rmti Adjustmentsto Additional Paidin Capital Warrant Modification Expense
AdjustmentstoAdditionalPaidinCapitalWarrantModificationExpense
837000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
-1461000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
16211000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-7350000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
2000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
250000 USD
CY2021Q3 rmti Working Capital Net
WorkingCapitalNet
24300000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
535000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
614000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
42075000 USD
us-gaap Net Income Loss
NetIncomeLoss
-23733000 USD
us-gaap Net Income Loss
NetIncomeLoss
-22227000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
558000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
-276000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
837000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
89000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
305000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1312000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1090000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
276000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
200000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-7000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-7000 USD
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-1000 USD
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
8000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-7000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1865000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-74000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
554000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
953000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1760000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-161000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
679000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1172000 USD
us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
0 USD
us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
-104000 USD
rmti Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1266000 USD
rmti Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1056000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-825000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-21072000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
423000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1485000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1338000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
3556000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
1621000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-24508000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
19107000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
23531000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
19286000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
27076000 USD
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
408000 USD
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
970000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-229000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2575000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
22500000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1343000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
656000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
763000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
107000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
0 USD
rmti Repurchase Of Common Shares To Pay Employee Withholding Taxes
RepurchaseOfCommonSharesToPayEmployeeWithholdingTaxes
6000 USD
rmti Repurchase Of Common Shares To Pay Employee Withholding Taxes
RepurchaseOfCommonSharesToPayEmployeeWithholdingTaxes
18000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-555000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
63317000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-25292000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
44820000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48682000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11794000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23390000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56614000 USD
us-gaap Interest Paid Net
InterestPaidNet
1318000 USD
us-gaap Interest Paid Net
InterestPaidNet
906000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-4000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-11000 USD
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
501000 USD
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
60000000 USD
rmti Years Of Service
YearsOfService
P25Y
CY2021Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
300 employee
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-361100000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
11100000 USD
CY2021Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
33200000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-24500000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that may affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of expenses during the reporting period. Actual results could differ from those estimates.</span></div>
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
32719054 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
33501260 shares
rmti Number Of Distribution And License Agreements
NumberOfDistributionAndLicenseAgreements
5 agreement
rmti Average Payment Term Of Customers
AveragePaymentTermOfCustomers
P30D
rmti Average Payment Term Of Distributors
AveragePaymentTermOfDistributors
P45D
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
15988000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
46599000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
15280000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
47033000 USD
CY2021Q3 us-gaap Other Receivables
OtherReceivables
6036000 USD
CY2020Q4 us-gaap Other Receivables
OtherReceivables
4171000 USD
CY2021Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8705000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10190000 USD
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
CY2020Q3 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
CY2021Q3 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8700000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Amortized Cost Current
DebtSecuritiesAvailableForSaleAmortizedCostCurrent
9805000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
7000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
9813000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Amortized Cost Current
DebtSecuritiesAvailableForSaleAmortizedCostCurrent
9987000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
7000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
9997000 USD
CY2021Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3507000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3112000 USD
CY2021Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
266000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
172000 USD
CY2021Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1781000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1805000 USD
CY2021Q3 rmti Current And Non Current Inventory
CurrentAndNonCurrentInventory
5554000 USD
CY2020Q4 rmti Current And Non Current Inventory
CurrentAndNonCurrentInventory
5089000 USD
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9512000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9178000 USD
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7005000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6536000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2507000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2642000 USD
CY2021Q3 us-gaap Depreciation
Depreciation
100000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
200000 USD
us-gaap Depreciation
Depreciation
500000 USD
us-gaap Depreciation
Depreciation
600000 USD
CY2021Q3 rmti Research And Development Related Liabilities Current
ResearchAndDevelopmentRelatedLiabilitiesCurrent
181000 USD
CY2020Q4 rmti Research And Development Related Liabilities Current
ResearchAndDevelopmentRelatedLiabilitiesCurrent
232000 USD
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2193000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2500000 USD
CY2021Q3 rmti Accrued Unvouchered Receipts Current
AccruedUnvoucheredReceiptsCurrent
622000 USD
CY2020Q4 rmti Accrued Unvouchered Receipts Current
AccruedUnvoucheredReceiptsCurrent
755000 USD
CY2021Q3 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
434000 USD
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
93966381 shares
CY2020Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
395000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
941000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1131000 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4371000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5013000 USD
CY2021Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
170000000 shares
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
170000000 shares
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
93966381 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
93573165 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
93573165 shares
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
361000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
250000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
558000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-276000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3000000 USD
CY2018Q4 rmti Number Of Additional Agreements
NumberOfAdditionalAgreements
3 agreement
CY2021Q3 rmti Collaborative Arrangement Accrued Reimbursement Of Ip Expenses And Sublicense Royalty Fees
CollaborativeArrangementAccruedReimbursementOfIPExpensesAndSublicenseRoyaltyFees
200000 USD
CY2021Q3 rmti Operating Lease And Finance Lease Liability
OperatingLeaseAndFinanceLeaseLiability
7100000 USD
CY2021Q3 rmti Operating Lease And Finance Lease Right Of Use Assets Net
OperatingLeaseAndFinanceLeaseRightOfUseAssetsNet
6900000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2900000 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
457000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
382000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1309000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1228000 USD
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
94000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
90000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
286000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
403000 USD
CY2021Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
551000 USD
CY2020Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
472000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
1595000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
1631000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
73000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
184000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 USD
CY2021Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
22000 USD
CY2020Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
55000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
CY2021Q3 rmti Finance Lease Expense
FinanceLeaseExpense
95000 USD
CY2020Q3 rmti Finance Lease Expense
FinanceLeaseExpense
0 USD
rmti Finance Lease Expense
FinanceLeaseExpense
239000 USD
rmti Finance Lease Expense
FinanceLeaseExpense
0 USD
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4000 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000 USD
CY2021Q3 us-gaap Lease Cost
LeaseCost
650000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
476000 USD
us-gaap Lease Cost
LeaseCost
1846000 USD
us-gaap Lease Cost
LeaseCost
1643000 USD
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
444000 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
393000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1298000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1248000 USD
CY2021Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
22000 USD
CY2020Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
56000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
CY2021Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
59000 USD
CY2020Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
152000 USD
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
588000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
718000 USD
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4089000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1365000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M18D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M18D
CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y
CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.068
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.068
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.059
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.059
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
470000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
103000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1746000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
418000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1429000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
424000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1076000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
424000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
616000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
426000 USD
CY2021Q3 rmti Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
345000 USD
CY2021Q3 rmti Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
526000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5682000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2321000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
607000 USD
CY2021Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
338000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
5075000 USD
CY2021Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
1983000 USD
CY2021Q3 us-gaap Notes Payable
NotesPayable
1300000 USD

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