2021 Form 10-K Financial Statement
#000149315222008080 Filed on March 30, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $2.632M | $818.0K |
| YoY Change | 221.76% | -9.01% |
| % of Gross Profit | ||
| Research & Development | $3.039M | $2.386M |
| YoY Change | 27.37% | -20.39% |
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $5.671M | $3.204M |
| YoY Change | 77.0% | -17.76% |
| Operating Profit | -$5.671M | |
| YoY Change | ||
| Interest Expense | -$834.0K | -$587.0K |
| YoY Change | 42.08% | -1031.75% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $119.0K | -$7.000K |
| YoY Change | -1800.0% | 16.67% |
| Pretax Income | -$6.324M | -$3.798M |
| YoY Change | 66.51% | -1.07% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$6.324M | -$3.798M |
| YoY Change | 66.51% | -1.07% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$1.21 | |
| Diluted Earnings Per Share | -$1.212M | -$453.0K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 5.217M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $15.19M | $1.795M |
| YoY Change | 746.35% | -14.69% |
| Cash & Equivalents | $15.19M | $1.795M |
| Short-Term Investments | ||
| Other Short-Term Assets | $1.089M | $115.0K |
| YoY Change | 846.96% | -29.01% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $16.28M | $1.910M |
| YoY Change | 752.41% | -15.71% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $6.000K | |
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $4.000K | |
| YoY Change | 0.0% | |
| Total Long-Term Assets | $6.000K | $4.000K |
| YoY Change | 50.0% | 0.0% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $16.28M | $1.910M |
| Total Long-Term Assets | $6.000K | $4.000K |
| Total Assets | $16.29M | $1.914M |
| YoY Change | 750.94% | -15.68% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $525.0K | $162.0K |
| YoY Change | 224.07% | -69.89% |
| Accrued Expenses | $413.0K | $311.0K |
| YoY Change | 32.8% | 34.05% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $2.650M |
| YoY Change | -100.0% | |
| Long-Term Debt Due | $0.00 | $117.0K |
| YoY Change | -100.0% | |
| Total Short-Term Liabilities | $938.0K | $4.096M |
| YoY Change | -77.1% | 408.82% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $23.00K |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $23.00K |
| YoY Change | -100.0% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $938.0K | $4.096M |
| Total Long-Term Liabilities | $0.00 | $23.00K |
| Total Liabilities | $938.0K | $4.119M |
| YoY Change | -77.23% | 411.68% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $15.35M | -$2.205M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $16.29M | $1.914M |
| YoY Change | 750.94% | -15.68% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
USD | |
| CY2021Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
USD | |
| CY2021Q4 | RNXT |
Promissory Note Current
PromissoryNoteCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
USD | |
| CY2021Q4 | RNXT |
Long Term Promissory Note
LongTermPromissoryNote
|
USD | |
| CY2021Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
USD | |
| CY2020 | RNXT |
Gains On Extinguishment Of Debt
GainsOnExtinguishmentOfDebt
|
USD | |
| CY2020 | RNXT |
Stock Issued During Period Value Convertible Preferred Stock Exercise Of Warrant
StockIssuedDuringPeriodValueConvertiblePreferredStockExerciseOfWarrant
|
USD | |
| CY2020 | RNXT |
Warrant Liability Transferred To Equity
WarrantLiabilityTransferredToEquity
|
USD | |
| CY2021 | RNXT |
Stock Issued During Period Value Reverse Stock Splits
StockIssuedDuringPeriodValueReverseStockSplits
|
USD | |
| CY2020 | RNXT |
Amortization On Leasehold Improvement
AmortizationOnLeaseholdImprovement
|
USD | |
| CY2021 | RNXT |
Issuance Of Restricted Stock Awards To Nonemployee
IssuanceOfRestrictedStockAwardsToNonemployee
|
USD | |
| CY2020 | RNXT |
Gain On Change In Fair Value Of Derivative Liability
GainOnChangeInFairValueOfDerivativeLiability
|
USD | |
| CY2020 | RNXT |
Gain On Loan Extinguishment From Ppp Loan
GainOnLoanExtinguishmentFromPppLoan
|
USD | |
| CY2020 | RNXT |
Loss On Loan Extinguishment
LossOnLoanExtinguishment
|
USD | |
| CY2020 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
USD | |
| CY2021 | RNXT |
Increase Decrease In Interest Accrued On Convertible Notes
IncreaseDecreaseInInterestAccruedOnConvertibleNotes
|
USD | |
| CY2020 | RNXT |
Payments For Leasehold Improvements
PaymentsForLeaseholdImprovements
|
USD | |
| CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2020 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2020 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
USD | |
| CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
USD | |
| CY2021 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
| CY2021 | RNXT |
Proceeds From Warrant Exercises One
ProceedsFromWarrantExercisesOne
|
USD | |
| CY2020 | RNXT |
Conversion Of Convertible Preferred Stock Upon Initial Public Offering
ConversionOfConvertiblePreferredStockUponInitialPublicOffering
|
USD | |
| CY2020 | RNXT |
Conversion Of Convertible Notes Upon Initial Public Offering
ConversionOfConvertibleNotesUponInitialPublicOffering
|
USD | |
| CY2021Q4 | RNXT |
Accrued Interest Current
AccruedInterestCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
USD | |
| CY2019Q4 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
USD | |
| CY2020 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
|
USD | |
| CY2020 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
USD | |
| CY2021Q4 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
USD | |
| CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
shares | |
| CY2020Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
||
| CY2020Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
USD | |
| CY2021 | RNXT |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Issued
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueIssued
|
USD | |
| CY2021 | RNXT |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Exercised
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueExercised
|
USD | |
| CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
shares | |
| CY2021 | RNXT |
Share Based Compensation Arrangements By Share Based Payment Award Non Options Expired In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExpiredInPeriodWeightedAverageExercisePrice
|
||
| CY2021 | RNXT |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Expired
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueExpired
|
USD | |
| CY2020 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
USD | |
| CY2021 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
USD | |
| CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
USD | |
| CY2021Q4 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
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