2022 Q4 Form 10-Q Financial Statement

#000162828022029627 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $19.31M $18.69M
YoY Change 25.97% 16.91%
Cost Of Revenue $16.97M $17.91M
YoY Change -3.36% 9.79%
Gross Profit $2.340M $777.0K
YoY Change -204.89% -336.17%
Gross Profit Margin 12.12% 4.16%
Selling, General & Admin $4.150M $4.016M
YoY Change -12.41% -25.93%
% of Gross Profit 177.35% 516.86%
Research & Development $156.0K $469.0K
YoY Change -88.78% -61.59%
% of Gross Profit 6.67% 60.36%
Depreciation & Amortization $156.0K $100.0K
YoY Change 17.29% 0.0%
% of Gross Profit 6.67% 12.87%
Operating Expenses $4.306M $4.485M
YoY Change -29.73% -32.49%
Operating Profit -$1.966M -$3.708M
YoY Change -76.48% -46.82%
Interest Expense -$394.0K $476.0K
YoY Change -32.3% -21.84%
% of Operating Profit
Other Income/Expense, Net -$482.0K
YoY Change -20.85%
Pretax Income -$2.360M -$4.190M
YoY Change -73.6% -44.73%
Income Tax
% Of Pretax Income
Net Earnings -$2.360M -$4.190M
YoY Change -73.6% -44.73%
Net Earnings / Revenue -12.22% -22.42%
Basic Earnings Per Share -$0.40
Diluted Earnings Per Share -$0.20 -$0.40
COMMON SHARES
Basic Shares Outstanding 11.63M shares 10.68M shares
Diluted Shares Outstanding 10.53M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.49M $27.56M
YoY Change -4.22% -16.98%
Cash & Equivalents $10.10M $12.98M
Short-Term Investments $11.39M $14.58M
Other Short-Term Assets $1.745M $2.407M
YoY Change -39.01% -14.49%
Inventory $5.814M $5.020M
Prepaid Expenses
Receivables $6.259M $7.367M
Other Receivables $0.00 $0.00
Total Short-Term Assets $35.31M $42.36M
YoY Change 0.06% -8.08%
LONG-TERM ASSETS
Property, Plant & Equipment $2.194M $2.264M
YoY Change -11.75% -9.69%
Goodwill $900.0K $921.0K
YoY Change -2.28% 0.0%
Intangibles $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $523.0K $522.0K
YoY Change -15.51% -28.4%
Total Long-Term Assets $11.33M $11.83M
YoY Change -14.76% -6.25%
TOTAL ASSETS
Total Short-Term Assets $35.31M $42.36M
Total Long-Term Assets $11.33M $11.83M
Total Assets $46.64M $54.19M
YoY Change -3.99% -7.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.053M $3.051M
YoY Change 8.4% -36.88%
Accrued Expenses $7.702M $5.887M
YoY Change 51.32% 34.68%
Deferred Revenue $1.731M $2.164M
YoY Change -20.27% -0.55%
Short-Term Debt $503.0K $1.006M
YoY Change 15.1% -23.32%
Long-Term Debt Due $1.631M $5.131M
YoY Change -77.9% -28.05%
Total Short-Term Liabilities $17.69M $19.34M
YoY Change -15.62% -11.11%
LONG-TERM LIABILITIES
Long-Term Debt $7.555M $8.962M
YoY Change -42.7% -36.41%
Other Long-Term Liabilities $14.00K $14.00K
YoY Change 0.0% -99.88%
Total Long-Term Liabilities $7.569M $8.976M
YoY Change -42.66% -36.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.69M $19.34M
Total Long-Term Liabilities $7.569M $8.976M
Total Liabilities $32.53M $38.05M
YoY Change -29.34% -20.07%
SHAREHOLDERS EQUITY
Retained Earnings -$388.8M -$386.4M
YoY Change 5.06% 7.01%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.10M $16.14M
YoY Change
Total Liabilities & Shareholders Equity $46.64M $54.19M
YoY Change -3.99% -7.69%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$2.360M -$4.190M
YoY Change -73.6% -44.73%
Depreciation, Depletion And Amortization $156.0K $100.0K
YoY Change 17.29% 0.0%
Cash From Operating Activities -$594.0K -$1.102M
YoY Change -93.42% -84.42%
INVESTING ACTIVITIES
Capital Expenditures $81.00K -$117.0K
YoY Change -171.05% -7.87%
Acquisitions
YoY Change
Other Investing Activities $3.305M -$14.58M
YoY Change 405.35% 1078.58%
Cash From Investing Activities $3.214M -$14.70M
YoY Change 495.19% 977.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.498M -2.002M
YoY Change 238.55% 264.66%
NET CHANGE
Cash From Operating Activities -594.0K -1.102M
Cash From Investing Activities 3.214M -14.70M
Cash From Financing Activities -5.498M -2.002M
Net Change In Cash -2.878M -17.80M
YoY Change -71.53% 98.04%
FREE CASH FLOW
Cash From Operating Activities -$594.0K -$1.102M
Capital Expenditures $81.00K -$117.0K
Free Cash Flow -$675.0K -$985.0K
YoY Change -92.43% -85.82%

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97000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
20145000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-4190000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
176000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
16136000 usd
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 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
us-gaap Net Income Loss
NetIncomeLoss
-16317000 usd
us-gaap Net Income Loss
NetIncomeLoss
-23733000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
422000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
535000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
95000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
558000 usd
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
307000 usd
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
89000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1518000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1312000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
276000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
276000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-7000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
4000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-1000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
3000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1454000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1865000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
921000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
554000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2058000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1760000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-688000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
679000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1435000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1266000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
756000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-825000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1427000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1485000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
3111000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
3556000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-16820000 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
17389000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
19107000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
11972000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
19286000 usd
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
197000 usd
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
408000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5614000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-229000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
6750000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
0 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
941000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
656000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15016000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
106000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
15000000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
rmti Payments Of Stock Issuance Costs Preferred Stock
PaymentsOfStockIssuanceCostsPreferredStock
85000 usd
rmti Payments Of Stock Issuance Costs Preferred Stock
PaymentsOfStockIssuanceCostsPreferredStock
0 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
0 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
107000 usd
rmti Repurchase Of Common Shares To Pay Employee Withholding Taxes
RepurchaseOfCommonSharesToPayEmployeeWithholdingTaxes
0 usd
rmti Repurchase Of Common Shares To Pay Employee Withholding Taxes
RepurchaseOfCommonSharesToPayEmployeeWithholdingTaxes
6000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
22134000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-555000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-300000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-25292000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13280000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48682000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12980000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23390000 usd
us-gaap Interest Paid Net
InterestPaidNet
1261000 usd
us-gaap Interest Paid Net
InterestPaidNet
1318000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
5000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-4000 usd
rmti Number Of Facilities
NumberOfFacilities
3 facility
rmti Area Of Operating Space
AreaOfOperatingSpace
175000 sqft
CY2022Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
27600000 usd
CY2022Q3 rmti Working Capital Net
WorkingCapitalNet
23000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-16800000 usd
rmti Agreement Covenant Minimum Cash
AgreementCovenantMinimumCash
10000000 usd
CY2022Q2 rmti Proceeds From Issuance Or Sale Of Equity Net Of Issuance Cost
ProceedsFromIssuanceOrSaleOfEquityNetOfIssuanceCost
14900000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2974460 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-align:justify"><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
20308486 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
CY2022Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
18691000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
53497000 usd
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
CY2022Q3 us-gaap Other Receivables
OtherReceivables
7367000 usd
CY2021Q4 us-gaap Other Receivables
OtherReceivables
5913000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6729000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8157000 usd
CY2022Q3 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 usd
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
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6700000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLossCurrent
14578000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
1000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
14584000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLossCurrent
9143000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
14000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
9158000 usd
CY2022Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4074000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3434000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
336000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
201000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1803000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1964000 usd
CY2022Q3 rmti Current And Non Current Inventory
CurrentAndNonCurrentInventory
6213000 usd
CY2021Q4 rmti Current And Non Current Inventory
CurrentAndNonCurrentInventory
5599000 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9747000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9589000 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7483000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7103000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2264000 usd
CY2022Q3 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
294000 usd
CY2021Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
382000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1941000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2486000 usd
CY2021Q3 us-gaap Depreciation
Depreciation
100000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
100000 usd
us-gaap Depreciation
Depreciation
400000 usd
us-gaap Depreciation
Depreciation
500000 usd
CY2022Q3 rmti Research And Development Related Liabilities Current
ResearchAndDevelopmentRelatedLiabilitiesCurrent
65000 usd
CY2021Q4 rmti Research And Development Related Liabilities Current
ResearchAndDevelopmentRelatedLiabilitiesCurrent
366000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3006000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1791000 usd
CY2022Q3 rmti Accrued Unvouchered Receipts Current
AccruedUnvoucheredReceiptsCurrent
581000 usd
CY2021Q4 rmti Accrued Unvouchered Receipts Current
AccruedUnvoucheredReceiptsCurrent
796000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1755000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5887000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5090000 usd
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
15000 shares
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
15000 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
170000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
170000000 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
551000 usd
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
11152673 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
11152673 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8544225 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8544225 shares
CY2022Q2 rmti Proceeds From Issuance Or Sale Of Equity Net Of Issuance Cost
ProceedsFromIssuanceOrSaleOfEquityNetOfIssuanceCost
14900000 usd
CY2022Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2000000 usd
CY2022Q2 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
12900000 usd
CY2022Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
100000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
176000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
361000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
94000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
558000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
1576000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000 usd
CY2018Q4 rmti Number Of Additional Agreements
NumberOfAdditionalAgreements
3 agreement
CY2022Q3 rmti Operating Lease And Finance Lease Liability
OperatingLeaseAndFinanceLeaseLiability
7200000 usd
CY2022Q3 rmti Operating Lease And Finance Lease Right Of Use Assets Net
OperatingLeaseAndFinanceLeaseRightOfUseAssetsNet
6900000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7900000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7700000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
410000 usd
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
457000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1289000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1309000 usd
CY2022Q3 us-gaap Variable Lease Cost
VariableLeaseCost
101000 usd
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
94000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
287000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
286000 usd
CY2022Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
511000 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
701000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
1595000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
141000 usd
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
73000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
424000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
184000 usd
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
44000 usd
CY2021Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
22000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
136000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
55000 usd
CY2022Q3 rmti Finance Lease Expense
FinanceLeaseExpense
185000 usd
CY2021Q3 rmti Finance Lease Expense
FinanceLeaseExpense
95000 usd
rmti Finance Lease Expense
FinanceLeaseExpense
560000 usd
rmti Finance Lease Expense
FinanceLeaseExpense
239000 usd
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5000 usd
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
14000 usd
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.064
CY2021Q3 us-gaap Lease Cost
LeaseCost
650000 usd
us-gaap Lease Cost
LeaseCost
2150000 usd
us-gaap Lease Cost
LeaseCost
1846000 usd
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
427000 usd
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
444000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1338000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1298000 usd
CY2022Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
44000 usd
CY2021Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
22000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
136000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
56000 usd
CY2022Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
121000 usd
CY2021Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
59000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
359000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
152000 usd
CY2022Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
768000 usd
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
718000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
768000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4089000 usd
CY2022Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
588000 usd
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
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.064
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.064
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.059
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.064
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.059
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
434000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
165000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1692000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
669000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1404000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
672000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
937000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
676000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
310000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
666000 usd
CY2022Q3 rmti Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
120000 usd
CY2022Q3 rmti Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
311000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4897000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
3159000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
467000 usd
CY2022Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
426000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4430000 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
2733000 usd

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