2023 Q4 Form 10-Q Financial Statement
#000149315223041875 Filed on November 17, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $245.1K | $250.9K | |
YoY Change | -2.31% | -40.76% | |
% of Gross Profit | |||
Research & Development | $87.38K | $138.1K | |
YoY Change | -36.7% | -12.49% | |
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $332.5K | $389.0K | |
YoY Change | -14.51% | -33.09% | |
Operating Profit | -$332.5K | -$389.0K | |
YoY Change | -14.51% | -33.09% | |
Interest Expense | $73.41K | -$12.45K | |
YoY Change | -689.62% | -93.44% | |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$395.5K | -$472.6K | |
YoY Change | -16.31% | -33.32% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$395.5K | -$472.6K | |
YoY Change | -16.31% | -33.32% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | -$0.01 | |
Diluted Earnings Per Share | $0.00 | -$3.962K | |
COMMON SHARES | |||
Basic Shares Outstanding | 365.4M shares | 275.7M shares | 119.6M shares |
Diluted Shares Outstanding | 267.7M shares | 119.3M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.360K | $60.00 | |
YoY Change | 10500.0% | -89.29% | |
Cash & Equivalents | $6.362K | $60.00 | |
Short-Term Investments | |||
Other Short-Term Assets | $102.3K | $50.54K | |
YoY Change | 102.43% | -77.97% | |
Inventory | |||
Prepaid Expenses | $47.28K | $50.54K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $108.7K | $50.60K | |
YoY Change | 114.74% | -78.0% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $108.7K | $50.60K | |
Total Long-Term Assets | $0.00 | $0.00 | |
Total Assets | $108.7K | $50.60K | |
YoY Change | 114.74% | -78.0% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $6.628M | $5.751M | |
YoY Change | 15.24% | 13.7% | |
Accrued Expenses | $2.652M | $3.131M | |
YoY Change | -15.28% | 29.97% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.781M | $2.555M | |
YoY Change | 8.82% | 37.7% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $12.06M | $11.44M | |
YoY Change | 5.45% | 22.68% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $344.0K | $204.0K | |
YoY Change | 68.63% | -38.55% | |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $344.0K | $204.0K | |
YoY Change | 68.63% | -38.55% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $12.06M | $11.44M | |
Total Long-Term Liabilities | $344.0K | $204.0K | |
Total Liabilities | $12.41M | $11.64M | |
YoY Change | 6.56% | 20.57% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$177.6M | -$175.8M | |
YoY Change | 1.02% | ||
Common Stock | $298.3K | $119.6K | |
YoY Change | 149.45% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$12.30M | -$11.59M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $108.7K | $50.60K | |
YoY Change | 114.74% | -78.0% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$395.5K | -$472.6K | |
YoY Change | -16.31% | -33.32% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$101.0K | -$69.94K | |
YoY Change | 44.35% | -37.58% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 100.0K | 69.97K | |
YoY Change | 42.92% | -13.13% | |
NET CHANGE | |||
Cash From Operating Activities | -101.0K | -69.94K | |
Cash From Investing Activities | |||
Cash From Financing Activities | 100.0K | 69.97K | |
Net Change In Cash | -960.0 | 30.00 | |
YoY Change | -3300.0% | -100.1% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$101.0K | -$69.94K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.008 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.008 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.031 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.031 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
267732995 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
267732995 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
119264928 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
119264928 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
191241348 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
191241348 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
107816034 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
107816034 | shares | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11880320 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-430063 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-12310383 | usd |
CY2023Q2 | RSPI |
Stock Issued During Period Value Preferred Stock
StockIssuedDuringPeriodValuePreferredStock
|
70000 | usd |
CY2023Q2 | RSPI |
Stock Issued During Period Value Preferred Stock One
StockIssuedDuringPeriodValuePreferredStockOne
|
570000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
84061 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
125000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-681030 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-12142352 | usd |
CY2023Q3 | RSPI |
Stock Issued During Period Value Preferred Stock
StockIssuedDuringPeriodValuePreferredStock
|
100000 | usd |
CY2023Q3 | RSPI |
Stock Issued During Period Value Preferred Stock One
StockIssuedDuringPeriodValuePreferredStockOne
|
25000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
116400 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-395502 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-12296454 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10007758 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-860163 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10867921 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
25000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
191750 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-480288 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11131459 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11131459 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
25250 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
-11842 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-472578 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11590629 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11590629 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1506595 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1813029 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
136077 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
382377 | usd | |
RSPI |
Loss On Note Modification
LossOnNoteModification
|
-71161 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
46020 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
150337 | usd | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-6457 | usd | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-177883 | usd | |
RSPI |
Increase Decrease In Prepaid Expenses And Prepaid Research And Development
IncreaseDecreaseInPrepaidExpensesAndPrepaidResearchAndDevelopment
|
-73152 | usd | |
RSPI |
Increase Decrease In Prepaid Expenses And Prepaid Research And Development
IncreaseDecreaseInPrepaidExpensesAndPrepaidResearchAndDevelopment
|
-74764 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
801167 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
438950 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-433672 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
522000 | usd | |
us-gaap |
Increase Decrease In Due To Officers And Stockholders Current
IncreaseDecreaseInDueToOfficersAndStockholdersCurrent
|
311081 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
399627 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
139170 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-258726 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-155061 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
120000 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
170000 | usd | |
RSPI |
Proceeds From Demand Promissory Notes
ProceedsFromDemandPromissoryNotes
|
95000 | usd | |
RSPI |
Proceeds From Insurance Financings Net Of Repayments
ProceedsFromInsuranceFinancingsNetOfRepayments
|
-75689 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
109412 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
265000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
153723 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6274 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1338 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
88 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1398 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
6362 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
60 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
8222 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
10308 | usd | |
RSPI |
Reclassification Of Shortterm Liabilities To Longterm Liabilities
ReclassificationOfShorttermLiabilitiesToLongtermLiabilities
|
270000 | usd | |
RSPI |
Reclassification Of Longterm Liabilities To Shortterm Liabilities
ReclassificationOfLongtermLiabilitiesToShorttermLiabilities
|
90000 | usd | |
RSPI |
Insurance Policies
InsurancePolicies
|
96470 | usd | |
RSPI |
Insurance Policies
InsurancePolicies
|
95850 | usd | |
RSPI |
Conversion Of Accounts Payable To Officer Notes Payable To Officer
ConversionOfAccountsPayableToOfficerNotesPayableToOfficer
|
13659 | usd | |
RSPI |
Issuance Of Common Stock As Commitment Shares Upon Issuance Of Convertible Notes
IssuanceOfCommonStockAsCommitmentSharesUponIssuanceOfConvertibleNotes
|
13158 | usd | |
RSPI |
Issuance Of Common Stock In Exchange For Extinguishment Of Convertible Notes Payable Inclusive Of Interest And Conversion Fees Paid With Commons Stock Upon Principal Repayment Of Convertible Notes Payable
IssuanceOfCommonStockInExchangeForExtinguishmentOfConvertibleNotesPayableInclusiveOfInterestAndConversionFeesPaidWithCommonsStockUponPrincipalRepaymentOfConvertibleNotesPayable
|
200460 | usd | |
RSPI |
Issuance Of Common Stock In Exchange For Extinguishment Of Convertible Notes Payable Inclusive Of Interest And Conversion Fees Paid With Commons Stock Upon Principal Repayment Of Convertible Notes Payable
IssuanceOfCommonStockInExchangeForExtinguishmentOfConvertibleNotesPayableInclusiveOfInterestAndConversionFeesPaidWithCommonsStockUponPrincipalRepaymentOfConvertibleNotesPayable
|
217000 | usd | |
RSPI |
Accrued Compensation Accounts Payable And Other Liabilities Exchanged Or Settled For Equity
AccruedCompensationAccountsPayableAndOtherLiabilitiesExchangedOrSettledForEquity
|
620000 | usd | |
RSPI |
Issuance Of Warrants As Deemed Dividend Associated With Mostfavored Nation Provisions Of Convertible Notes
IssuanceOfWarrantsAsDeemedDividendAssociatedWithMostfavoredNationProvisionsOfConvertibleNotes
|
1623054 | usd | |
RSPI |
Issuance Of Preferred Stock As Deemed Dividends Associated With Paidinkind Dividends On Series I And Series J Preferred Stock
IssuanceOfPreferredStockAsDeemedDividendsAssociatedWithPaidinkindDividendsOnSeriesIAndSeriesJPreferredStock
|
24427 | usd | |
us-gaap |
Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
13334 | usd | |
RSPI |
Cashless Warrant Exercises
CashlessWarrantExercises
|
39145 | usd | |
CY2023Q2 | RSPI |
Ordinary Shares
OrdinaryShares
|
25000000 | shares |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-395502 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-409169 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1506595 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1531022 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-472578 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1813029 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1641172 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3333361 | usd | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3972993 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-258726 | usd | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-143905 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-12296454 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1215088 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
50000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84E_eus-gaap--UseOfEstimates_zT1rjL6SrLHi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span><span id="xdx_86A_zcD9E57xpKG4">Use of Estimates</span></span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of condensed financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include, among other things, accounting for potential liabilities, and the assumptions used in valuing stock-based compensation issued for services. Actual amounts may differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84F_eus-gaap--ConcentrationRiskCreditRisk_zNf2W7LNoR4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_860_z2M4D5BCrYWa">Concentration of Credit Risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents. The Company limits its exposure to credit risk by investing its cash with high quality financial institutions. The Company’s cash balances may periodically exceed federally insured limits. The Company has not experienced a loss in such accounts to date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | shares | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | shares | |
CY2023Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
CY2022Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
CY2023Q3 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | usd |
CY2022Q3 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | usd |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | usd | |
CY2023Q2 | RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableNumber
|
83333333 | shares |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_845_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zOmcxURHgXM7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_868_zTpGNpPWCXg4">Reclassifications</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain comparative figures in 2022 have been reclassified to conform to the current quarter’s presentation. These reclassifications were immaterial, both individually and in the aggregate.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Intangible Assets Finite Lived Policy Costs Incurred To Renew Or Extend
IntangibleAssetsFiniteLivedPolicyCostsIncurredToRenewOrExtend
|
<p id="xdx_846_eus-gaap--IntangibleAssetsFiniteLivedPolicyCostsIncurredToRenewOrExtend_zuNikvolFBzl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_862_z81xGLs8OxD7">Patent Costs</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Due to the significant uncertainty associated with the successful development of one or more commercially viable products based on the Company’s research efforts and any related patent applications, all patent costs, including patent-related legal and filing fees, are expensed as incurred and recorded as general and administrative expenses.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1057405055 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
603170170 | shares | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
us-gaap |
Dividends
Dividends
|
21390 | usd | |
CY2023Q3 | RSPI |
Preferred Stock Shares Undesignated
PreferredStockSharesUndesignated
|
3484537 | shares |
CY2022Q4 | RSPI |
Preferred Stock Shares Undesignated
PreferredStockSharesUndesignated
|
3504424 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
298328647 | shares |
us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
133639999 | shares | |
CY2023Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
630558175 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
419683183 | shares |
CY2022Q4 | RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsWeightedAverageExercisePrice
|
0.0074 | |
CY2022 | RSPI |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerm
|
P3Y4M17D | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
74100000 | shares | |
RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Weighted Average Exercise Price Issued Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsWeightedAverageExercisePriceIssuedExercised
|
0.0015 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
83333333 | shares | |
RSPI |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Issued
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualIssued
|
P4Y7M24D | ||
RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expired
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpired
|
33401307 | shares | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
395515209 | shares |
CY2023Q3 | RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsWeightedAverageExercisePrice
|
0.0023 | |
RSPI |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerm
|
P3Y3M3D | ||
CY2023Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.0011 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
59420298 | shares |
CY2021Q4 | RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsWeightedAverageExercisePrice
|
0.0718 | |
CY2021 | RSPI |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerm
|
P3Y3M29D | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
187927001 | shares | |
RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Weighted Average Exercise Price Issued
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsWeightedAverageExercisePriceIssued
|
0.0022 | ||
RSPI |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Issued
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualIssued
|
P3Y8M26D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
2317150 | shares | |
RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instrument Weighted Average Exercise Price Expired
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentWeightedAverageExercisePriceExpired
|
-0.5121 | ||
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
245030149 | shares |
CY2022Q3 | RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsWeightedAverageExercisePrice
|
0.0130 | |
RSPI |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerm
|
P3Y8M3D | ||
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.0088 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
9199356 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.592 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y8M26D | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
31039 | shares | |
RSPI |
Commercial Sale Of Product
CommercialSaleOfProduct
|
350000 | usd | |
CY2023Q3 | us-gaap |
Contractual Obligation
ContractualObligation
|
751385 | usd |
CY2023Q3 | us-gaap |
Contractual Obligation
ContractualObligation
|
751385 | usd |
CY2023Q3 | us-gaap |
Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
|
200485 | usd |
CY2023Q3 | us-gaap |
Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
|
505900 | usd |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
11.200 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
9168317 | shares |
CY2023Q3 | RSPI |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice1
|
0.556 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y3M | ||
CY2023Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
9168317 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
9168317 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
9201032 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
9201032 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
298328647 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
298328647 | shares |
CY2023Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
395515209 | shares |
us-gaap |
Debt Instrument Redemption Description
DebtInstrumentRedemptionDescription
|
The features and terms of the Phantom Stock are delineated in Phantom Stock Award Agreements (“Phantom Stock Award Agreements”) which describe that the shares of Phantom Stock that were awarded are non-forfeitable but unvested on the award date which was June 7, 2023 and vest as to the economic value of 50% of the shares of Phantom Stock awarded on the first event payment date (“First Event Payment Date”) and as to the economic value of 50% of the shares of Phantom Stock awarded on the second event payment date (“Second Event Payment Date”) | ||
RSPI |
Payment Of Fair Market Value Description
PaymentOfFairMarketValueDescription
|
If the calculation of the payment based on the definition of Fair Market Value, exceeds 50% the amount of cash received by RespireRx with respect to a Payment Event, an initial payment shall be limited to 50% of the cash received by RespireRx with respect to the Payment Event and the unpaid balance shall be carried as a liability due to the Participant to be added to the payment amount of the Second Payment Event, subject to the same limitation | ||
CY2021Q3 | us-gaap |
Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
|
75000 | usd |
CY2023Q3 | RSPI |
Cash Paid
CashPaid
|
35185 | usd |
CY2023Q3 | RSPI |
Patent Fee
PatentFee
|
30185 | usd |
CY2023Q3 | RSPI |
Patentfees Percent
PatentfeesPercent
|
0.50 | pure |
CY2023Q3 | RSPI |
Annual Maintenance Fee
AnnualMaintenanceFee
|
5000 | usd |
CY2021 | RSPI |
Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
|
0 | usd |
CY2023Q3 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
15000 | usd |
CY2023Q3 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
15000 | usd |
CY2023Q3 | us-gaap |
Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
|
15000 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
35185 | usd |
CY2023Q3 | RSPI |
Patent Fees Unpaid
PatentFeesUnpaid
|
30185 | usd |
CY2023Q3 | RSPI |
Percentage Of Patent Fees
PercentageOfPatentFees
|
0.50 | pure |
CY2023Q3 | RSPI |
Annual Maintenance Fee
AnnualMaintenanceFee
|
5000 | usd |