2021 Q1 Form 10-Q Financial Statement
#000106953021000027 Filed on April 29, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.000M | $1.110M | $780.0K |
YoY Change | 28.21% | 32.14% | -11.36% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.000K | $0.00 | $14.00K |
YoY Change | -92.86% | -100.0% | -17.65% |
% of Gross Profit | |||
Operating Expenses | $3.533M | $2.620M | $1.222M |
YoY Change | 189.12% | 65.82% | -15.78% |
Operating Profit | -$3.533M | -$1.222M | |
YoY Change | 189.12% | -15.78% | |
Interest Expense | $10.00K | $10.00K | $70.00K |
YoY Change | -85.71% | -83.33% | -22.22% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$3.530M | -$2.620M | -$1.150M |
YoY Change | 206.96% | 72.37% | -15.44% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$3.526M | -$2.620M | -$1.150M |
YoY Change | 206.61% | 72.37% | -15.38% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$93.58K | -$86.78K | -$46.98K |
COMMON SHARES | |||
Basic Shares Outstanding | 39.90M | 25.58M | 24.73M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $282.2M | $93.50M | $25.60M |
YoY Change | 1002.34% | 304.76% | 34.03% |
Cash & Equivalents | $282.2M | $93.51M | $25.60M |
Short-Term Investments | |||
Other Short-Term Assets | $1.574M | $488.0K | $277.0K |
YoY Change | 468.23% | 82.09% | 97.86% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $283.8M | $93.99M | $25.88M |
YoY Change | 996.6% | 302.56% | 34.32% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $10.00K | $11.00K | $33.00K |
YoY Change | -69.7% | -76.6% | -62.5% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $334.0K | $306.0K | $100.0K |
YoY Change | 234.0% | 123.36% | -61.24% |
TOTAL ASSETS | |||
Total Short-Term Assets | $283.8M | $93.99M | $25.88M |
Total Long-Term Assets | $334.0K | $306.0K | $100.0K |
Total Assets | $284.1M | $94.30M | $25.98M |
YoY Change | 993.66% | 301.52% | 33.06% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $900.0K | $911.0K | $608.0K |
YoY Change | 48.03% | 101.1% | 22.83% |
Accrued Expenses | $1.700M | $719.0K | $387.0K |
YoY Change | 339.28% | -7.46% | 59.26% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.650M | $1.865M | $1.145M |
YoY Change | 131.44% | 34.46% | 26.94% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $200.0K | ||
YoY Change | |||
Total Long-Term Liabilities | $200.0K | $0.00 | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.650M | $1.865M | $1.145M |
Total Long-Term Liabilities | $200.0K | $0.00 | $0.00 |
Total Liabilities | $2.863M | $2.100M | $1.145M |
YoY Change | 150.04% | 51.41% | 18.04% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$178.4M | -$174.9M | -$169.7M |
YoY Change | 5.13% | 3.76% | 2.67% |
Common Stock | $40.00K | $35.00K | $25.00K |
YoY Change | 60.0% | 59.09% | 47.06% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $281.2M | $92.20M | $24.83M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $284.1M | $94.30M | $25.98M |
YoY Change | 993.47% | 301.52% | 33.06% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.526M | -$2.620M | -$1.150M |
YoY Change | 206.61% | 72.37% | -15.38% |
Depreciation, Depletion And Amortization | $1.000K | $0.00 | $14.00K |
YoY Change | -92.86% | -100.0% | -17.65% |
Cash From Operating Activities | -$2.306M | -$1.200M | -$1.194M |
YoY Change | 93.13% | 100.0% | 97.68% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | ||
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $100.0K |
YoY Change | -100.0% | ||
Cash From Investing Activities | $0.00 | $0.00 | $100.0K |
YoY Change | -100.0% | -655.56% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $189.8M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 191.0M | 70.60M | 3.613M |
YoY Change | 5186.24% | 1096.61% | -6121.67% |
NET CHANGE | |||
Cash From Operating Activities | -2.306M | -1.200M | -1.194M |
Cash From Investing Activities | 0.000 | 0.000 | 100.0K |
Cash From Financing Activities | 191.0M | 70.60M | 3.613M |
Net Change In Cash | 188.7M | 69.40M | 2.519M |
YoY Change | 7390.51% | 1209.43% | -469.35% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.306M | -$1.200M | -$1.194M |
Capital Expenditures | $0.00 | ||
Free Cash Flow | -$1.194M | ||
YoY Change | 91.96% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2021Q1 | dei |
City Area Code
CityAreaCode
|
512 | |
CY2021Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2021Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2021Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | |
CY2021Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-03-31 | |
CY2021Q1 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2021Q1 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2021Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2021Q1 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
7801 N. Capital of Texas Highway | |
CY2021Q1 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 260 | |
CY2021Q1 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Austin | |
CY2021Q1 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
78731 | |
CY2021Q1 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | |
CY2021Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001069530 | |
CY2021Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2021Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2021Q1 | dei |
Entity File Number
EntityFileNumber
|
000-29959 | |
CY2021Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2021Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2021Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2021Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
CASSAVA SCIENCES INC | |
CY2021Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2021Q1 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
91-1911336 | |
CY2021Q1 | dei |
Local Phone Number
LocalPhoneNumber
|
501-2444 | |
CY2021Q1 | dei |
Security12b Title
Security12bTitle
|
Common Stock, $0.001 par value | |
CY2021Q1 | dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | |
CY2021Q1 | dei |
Trading Symbol
TradingSymbol
|
sava | |
CY2020Q1 | sava |
Common Stock Net Income Loss Shares
CommonStockNetIncomeLossShares
|
||
CY2021Q1 | sava |
Common Stock Net Income Loss Shares
CommonStockNetIncomeLossShares
|
||
CY2020Q1 | sava |
Common Stock Warrant Shares Exercise
CommonStockWarrantSharesExercise
|
2888092 | |
CY2021Q1 | sava |
Common Stock Warrant Shares Exercise
CommonStockWarrantSharesExercise
|
554019 | |
CY2021Q1 | sava |
Increase Decrease In Operating Lease Right Of Use Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilitiesNet
|
-25000 | |
CY2021Q1 | sava |
Lessee Operating Lease Liability Undiscounted Excess Amount1
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount1
|
14000 | |
CY2021Q1 | sava |
Receivable From Exercise Of Stock Options
ReceivableFromExerciseOfStockOptions
|
1271000 | |
CY2020Q1 | sava |
Reduction To Research And Development Expense
ReductionToResearchAndDevelopmentExpense
|
1300000 | |
CY2021Q1 | sava |
Reduction To Research And Development Expense
ReductionToResearchAndDevelopmentExpense
|
600000 | |
CY2021Q1 | sava |
Research And Development Expense Net Of Grant Reimbursement
ResearchAndDevelopmentExpenseNetOfGrantReimbursement
|
2529000 | |
CY2020Q4 | us-gaap |
Assets
Assets
|
94300000 | |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
93994000 | |
CY2021Q1 | us-gaap |
Assets Current
AssetsCurrent
|
283766000 | |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
23081000 | |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
25600000 | |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
282192000 | |
CY2020Q1 | sava |
Stockholders Equity Warrant Shares Exercise
StockholdersEquityWarrantSharesExercise
|
3613000 | |
CY2021Q1 | sava |
Stockholders Equity Warrant Shares Exercise
StockholdersEquityWarrantSharesExercise
|
692000 | |
CY2021Q1 | sava |
Stock Option And Performance Award Activity
StockOptionAndPerformanceAwardActivity
|
<div> <div style="margin-left:0pt;margin-right:0pt;"> <div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:62.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt"> <font style="display: inline;font-size:1pt;"></font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;"> </p> </td> </tr> <tr> <td valign="bottom" style="width:62.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:27.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:27.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:27.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 8pt"> <font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">Stock Options</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:27.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:27.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:27.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 8pt"> <font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">Performance Awards</font></p> </td> </tr> <tr> <td valign="bottom" style="width:62.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"></font><font style="display: inline;color:#000000;font-size:9pt;">Outstanding as of December 31, 2020</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.72%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;color:#000000;font-family:Times New Roman;font-size:9pt;text-align:right;" nowrap="nowrap">2,817,504 </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.94%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;color:#000000;font-family:Times New Roman;font-size:9pt;text-align:right;" nowrap="nowrap">138,055 </td> </tr> <tr> <td valign="bottom" style="width:62.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"></font><font style="display: inline;color:#000000;font-size:9pt;">Options granted</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;color:#000000;font-family:Times New Roman;font-size:9pt;text-align:right;" nowrap="nowrap">10,000 </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"> —</font></p> </td> </tr> <tr> <td valign="bottom" style="width:62.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"></font><font style="display: inline;color:#000000;font-size:9pt;">Options exercised</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;color:#000000;font-family:Times New Roman;font-size:9pt;text-align:right;" nowrap="nowrap">(163,398) </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"> —</font></p> </td> </tr> <tr> <td valign="bottom" style="width:62.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"></font><font style="display: inline;color:#000000;font-size:9pt;">Options forfeited/canceled</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"> —</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"> —</font></p> </td> </tr> <tr> <td valign="bottom" style="width:62.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 9pt"> <font style="display: inline;color:#000000;font-size:9pt;"></font><font style="display: inline;color:#000000;font-size:9pt;">Outstanding as of March 31, 2021</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.72%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;color:#000000;font-family:Times New Roman;font-size:9pt;text-align:right;" nowrap="nowrap">2,664,106 </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.94%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:12.00pt;color:#000000;font-family:Times New Roman;font-size:9pt;text-align:right;" nowrap="nowrap">138,055 </td> </tr> <tr> <td valign="bottom" style="width:62.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:6.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:6.00pt;font-size: 10pt"> <font style="display: inline;font-family:Arial;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:6.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:6.00pt;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.72%;border-top:2pt double #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:6.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;height:6.00pt;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:6.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:6.00pt;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:6.00pt;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;height:6.00pt;overflow: hidden;font-size:0pt;"> </p> </td> <td valign="bottom" style="width:15.94%;border-top:2pt double #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:6.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;height:6.00pt;overflow: hidden;font-size:0pt;"> </p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p><font size="1"> </font></p> </div> </div> | |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
911000 | |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
719000 | |
CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
267086000 | |
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
459594000 | |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
270000 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
2519000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
188686000 | |
CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2021Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2020Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2020Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
120000000 | |
CY2021Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
120000000 | |
CY2020Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
35237987 | |
CY2021Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
40008654 | |
CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
21841810 | |
CY2020Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
35237987 | |
CY2021Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
40008654 | |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
35000 | |
CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
40000 | |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1000 | |
CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
83000 | |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
100000 | |
CY2020Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
778000 | |
CY2021Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1004000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
190992000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
100000 | |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
155000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-390000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
14000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
2000 | |
CY2020Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
72000 | |
CY2021Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
7000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
311000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
102000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
36000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
107000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
66000 | |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
2100000 | |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
2863000 | |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
94300000 | |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
284050000 | |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1865000 | |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2650000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3613000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1194000 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2021Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
189825000 | |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
100000 | |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
||
CY2021Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
475000 | |
CY2020Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
3613000 | |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
25000 | |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
295000 | |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
274000 | |
CY2020Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
488000 | |
CY2021Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1574000 | |
CY2021Q1 | us-gaap |
Other Commitment
OtherCommitment
|
817000 | |
CY2020Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
94000 | |
CY2021Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
50000 | |
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3526000 | |
CY2020Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
1222000 | |
CY2021Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
3533000 | |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1222000 | |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3533000 | |
CY2021Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
297000 | |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
58000 | |
CY2021Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
84000 | |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
235000 | |
CY2021Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
213000 | |
CY2021Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
692000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11000 | |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
10000 | |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-174921000 | |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-178447000 | |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
250000 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P4Y | |
CY2021Q1 | us-gaap |
Shares Issued
SharesIssued
|
4081633 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
92200000 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
281187000 | |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
22099000 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
92200000 | |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
281187000 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
135015 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1746000 | |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-style:italic;">Use of Estimates</font><font style="display: inline;"> </font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The Company makes estimates and assumptions in preparing its condensed financial statements in conformity with GAAP. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements and the reported amount of revenue earned and expenses incurred during the reporting period. The Company evaluates its estimates on an ongoing basis, including those estimates related to manufacturing agreements and research collaborations. Actual results could differ from these estimates</font><font style="display: inline;color:#000000;"> and assumptions.</font><font style="display: inline;"> </font> </p> <p><font size="1"> </font></p> </div> </div> | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
37721000 |