2023 Q3 Form 10-Q Financial Statement
#000149315223028462 Filed on August 14, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $0.00 | ||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $458.8K | $532.3K | $269.8K |
YoY Change | 201.02% | 97.31% | 439.52% |
% of Gross Profit | |||
Research & Development | $1.140M | $933.4K | $83.87K |
YoY Change | 70.44% | 1012.88% | -71.08% |
% of Gross Profit | |||
Depreciation & Amortization | $4.830K | $1.480K | $1.450K |
YoY Change | 205.7% | 2.07% | |
% of Gross Profit | |||
Operating Expenses | $1.599M | $1.466M | $353.6K |
YoY Change | 94.67% | 314.45% | 4.01% |
Operating Profit | -$1.599M | -$1.466M | -$353.6K |
YoY Change | 94.67% | 314.46% | |
Interest Expense | -$150.2K | -$303.2K | -$243.7K |
YoY Change | -70.3% | 24.44% | 2336.5% |
% of Operating Profit | |||
Other Income/Expense, Net | -$193.6K | -$718.7K | -$243.6K |
YoY Change | 9.41% | 194.99% | |
Pretax Income | -$1.775M | -$2.184M | -$597.3K |
YoY Change | 77.81% | 265.72% | 70.65% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.793M | -$2.184M | -$597.3K |
YoY Change | 79.56% | 265.72% | 72.22% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.11 | -$0.15 | -$0.06 |
Diluted Earnings Per Share | -$0.11 | -$0.15 | -$0.05 |
COMMON SHARES | |||
Basic Shares Outstanding | 15.73M shares | 13.80M shares | 9.313M shares |
Diluted Shares Outstanding | 1.970M shares | 14.26M shares | 9.313M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.807M | $8.350M | $50.44K |
YoY Change | -25.37% | 16454.32% | |
Cash & Equivalents | $3.886M | $5.447M | $50.44K |
Short-Term Investments | $2.921M | $2.900M | |
Other Short-Term Assets | $6.480K | $6.480K | $13.52K |
YoY Change | -96.03% | -52.07% | |
Inventory | |||
Prepaid Expenses | $170.1K | $78.95K | |
Receivables | $12.44K | $10.00K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $6.996M | $8.443M | $63.95K |
YoY Change | -24.69% | 13103.04% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $26.81K | $9.622K | $103.1K |
YoY Change | 90.41% | -90.66% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $6.480K | |
YoY Change | -100.0% | ||
Total Long-Term Assets | $380.2K | $393.8K | $109.5K |
YoY Change | 310.9% | 259.5% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $6.996M | $8.443M | $63.95K |
Total Long-Term Assets | $380.2K | $393.8K | $109.5K |
Total Assets | $7.376M | $8.837M | $173.5K |
YoY Change | -21.38% | 4994.02% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $180.0K | $90.00K | $515.8K |
YoY Change | 67.99% | -82.55% | |
Accrued Expenses | $167.6K | $140.0K | $181.7K |
YoY Change | -5.75% | -22.94% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $1.261M |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | $462.8K | $270.0K | $0.00 |
YoY Change | |||
Total Short-Term Liabilities | $810.4K | $493.7K | $2.454M |
YoY Change | -16.49% | -79.88% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $134.4K | $120.0K | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $821.3K | $1.290M | $25.60K |
YoY Change | 12212.59% | 4939.06% | |
Total Long-Term Liabilities | $955.6K | $1.410M | $25.60K |
YoY Change | 14227.29% | 5407.81% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $810.4K | $493.7K | $2.454M |
Total Long-Term Liabilities | $955.6K | $1.410M | $25.60K |
Total Liabilities | $1.766M | $1.901M | $2.480M |
YoY Change | 80.74% | -23.31% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$13.85M | -$12.05M | |
YoY Change | 70.03% | ||
Common Stock | $160.00 | $155.00 | |
YoY Change | -100.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.610M | $6.936M | -$2.306M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.376M | $8.837M | $173.5K |
YoY Change | -21.38% | 4994.02% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.793M | -$2.184M | -$597.3K |
YoY Change | 79.56% | 265.72% | 72.22% |
Depreciation, Depletion And Amortization | $4.830K | $1.480K | $1.450K |
YoY Change | 205.7% | 2.07% | |
Cash From Operating Activities | -$1.539M | -$1.646M | -$355.4K |
YoY Change | 46.49% | 363.13% | 788.55% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $19.05K | $0.00 | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$7.710K | $62.80K | |
YoY Change | |||
Cash From Investing Activities | -$26.76K | $62.80K | $0.00 |
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 | 4.530K | -139.2K | 0.000 |
YoY Change | -99.96% | ||
NET CHANGE | |||
Cash From Operating Activities | -1.539M | -1.646M | -355.4K |
Cash From Investing Activities | -26.76K | 62.80K | 0.000 |
Cash From Financing Activities | 4.530K | -139.2K | 0.000 |
Net Change In Cash | -1.561M | -1.722M | -355.4K |
YoY Change | -117.21% | 384.64% | 788.55% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.539M | -$1.646M | -$355.4K |
Capital Expenditures | $19.05K | $0.00 | |
Free Cash Flow | -$1.558M | -$355.4K | |
YoY Change | 48.3% | 788.55% |
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19267 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
35955 | usd | |
SHPH |
Finance Fee
FinanceFee
|
104245 | usd | |
CY2023Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
434275 | usd |
CY2022Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-58422 | usd |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
1675275 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-18772 | usd | |
CY2023Q2 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
1744 | usd |
us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
1744 | usd | |
CY2023Q2 | us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
-26534 | usd |
us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
11528 | usd | |
CY2023Q2 | SHPH |
Loss On Settlement Of Convertible Debt
LossOnSettlementOfConvertibleDebt
|
415553 | usd |
SHPH |
Loss On Settlement Of Convertible Debt
LossOnSettlementOfConvertibleDebt
|
433807 | usd | |
SHPH |
Gain On Forgiveness Of Note Payable
GainOnForgivenessOfNotePayable
|
73007 | usd | |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-718740 | usd |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-243649 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-149057 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-287092 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2184372 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-597275 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3159468 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1279114 | usd | |
CY2022Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
25768 | usd |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
51536 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2184372 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-623043 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3159468 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1330650 | usd | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14261313 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14261313 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9312991 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9312991 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13950355 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13950355 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9291526 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9291526 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14261313 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9312991 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13950355 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9291526 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.15 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.23 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.23 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.14 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | ||
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.23 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.14 | ||
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7677869 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
99543 | usd |
CY2023Q1 | SHPH |
Financing Fees Allocated To Warrants
FinancingFeesAllocatedToWarrants
|
-8727 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
104547 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8333 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-975097 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6906468 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6906468 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
2163992 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
49522 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2184372 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6935611 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6935611 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1628132 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
319643 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
166533 | usd |
CY2022Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
25768 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-681839 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1849563 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1849563 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
166533 | usd |
CY2022Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
25768 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-597275 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2306073 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2306073 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3159468 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1279114 | usd | |
us-gaap |
Depreciation
Depreciation
|
2970 | usd | |
us-gaap |
Depreciation
Depreciation
|
2899 | usd | |
SHPH |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
1675275 | usd | |
SHPH |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
-18772 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1116422 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
278531 | usd | |
us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
1744 | usd | |
us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
11528 | usd | |
SHPH |
Accrued Interest Settled With Common Stock
AccruedInterestSettledWithCommonStock
|
240831 | usd | |
SHPH |
Loss On Settlement Of Convertible Debt
LossOnSettlementOfConvertibleDebt
|
433807 | usd | |
SHPH |
Gain On Forgiveness Of Note Payable
GainOnForgivenessOfNotePayable
|
73007 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
57855 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
333066 | usd | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
6950 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-82199 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
8649 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-28004 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-312527 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
-12500 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
75511 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
37276 | usd | |
SHPH |
Increase Decrease In Accrued Interest Payable Related Parties
IncreaseDecreaseInAccruedInterestPayableRelatedParties
|
-98135 | usd | |
SHPH |
Increase Decrease In Accrued Interest Payable Related Parties
IncreaseDecreaseInAccruedInterestPayableRelatedParties
|
25383 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-30 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-2657 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2984039 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-980027 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
2970905 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
80000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2890905 | usd | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-685473 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
3935000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
525715 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
345000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2904527 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
525715 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2970417 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-454312 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
8417203 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
504749 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5446786 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
50437 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
102373 | usd | |
SHPH |
Common Stock Issued For Conversion Of Accrued Interest
CommonStockIssuedForConversionOfAccruedInterest
|
16340 | usd | |
SHPH |
Common Stock Issued For Settlement Of Debt And Interest
CommonStockIssuedForSettlementOfDebtAndInterest
|
2268539 | usd | |
SHPH |
Warrants Issued For Financing Fees
WarrantsIssuedForFinancingFees
|
90816 | usd | |
SHPH |
Initial Recognition Of Right Of Use Asset And Liability
InitialRecognitionOfRightOfUseAssetAndLiability
|
365556 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3159468 | usd | |
CY2022Q3 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
10022193 | usd |
CY2023Q2 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
5195000 | usd |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_843_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zRY1rxzxYfU7" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_862_zYBmId898Rm3">Reclassifications</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_846_eus-gaap--UseOfEstimates_zMOpI0aDDOXj" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86C_zLvHXkZaT737">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions. The Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Significant estimates are contained in the accompanying financial statements for the valuation of derivatives, the valuation allowance on deferred tax assets, share-based compensation, useful lives for depreciation and amortization of long-lived assets, and the incremental borrowing rate used on right-of-use assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2023Q2 | us-gaap |
Cash
Cash
|
4435870 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
5411378 | usd |
CY2023Q2 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
1010916 | usd |
CY2022Q4 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
3005825 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5446786 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8417203 | usd |
CY2023Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023Q2 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
2904177 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
35955 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
0 | usd | |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
1744 | usd | |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
0 | usd | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
11528 | usd | |
CY2023Q2 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
955725 | usd |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2772226 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
145593 | shares | |
us-gaap |
Lessee Operating Lease Assumptions And Judgments Discount Rate Description
LesseeOperatingLeaseAssumptionsAndJudgmentsDiscountRateDescription
|
The interest rate used to determine the present value of our lease ending in October of 2023 was our incremental borrowing rate estimated at 10% when the lease was entered into in 2019. Our new lease beginning in June of 2023, the interest rate used was an equity built up, risk adjusted rate, estimated to be 10.48%, as the interest rate implicit in most of our leases is not readily determinable | ||
us-gaap |
Lessee Operating Lease Description
LesseeOperatingLeaseDescription
|
The first is for a monthly payment of $6,480, with a security deposit of $6,480 held for the duration of the lease, and commenced on October 1, 2018, with the first payment made on January 1, 2019 | ||
us-gaap |
Payments For Rent
PaymentsForRent
|
6480 | usd | |
CY2023Q2 | us-gaap |
Deposits
Deposits
|
6480 | usd |
us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2023-10-31 | ||
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
43234 | usd | |
CY2023Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
3891 | usd |
SHPH |
Cam Cost
CamCost
|
3315 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
42737 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
35088 | usd | |
us-gaap |
Sublease Income
SubleaseIncome
|
4242 | usd | |
us-gaap |
Sublease Income
SubleaseIncome
|
2121 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
38495 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
32967 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
42771 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
37746 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
365556 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y11M23D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y3M18D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1046 | pure |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.10 | pure |
CY2021Q4 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
In December of 2021 the maturity dates of these loans were further extended to June 30, 2022. In July of 2022, the notes were extended to June 30, 2023 | |
us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
0 | usd | |
CY2023Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
10000000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
549125 | usd |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1012177 | usd | |
CY2023Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
2921100 | usd |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2530394 | usd | |
CY2023Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
390706 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
1827911 | shares |
CY2022Q2 | us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
839 | shares |
us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
839 | shares | |
CY2022Q2 | SHPH |
Accrued Interest Value To Issue Shares
AccruedInterestValueToIssueShares
|
16340 | usd |
SHPH |
Accrued Interest Value To Issue Shares
AccruedInterestValueToIssueShares
|
16340 | usd | |
CY2022Q2 | SHPH |
Common Stock Vesting Of Restricted Stock Unit
CommonStockVestingOfRestrictedStockUnit
|
5104 | shares |
SHPH |
Common Stock Vesting Of Restricted Stock Unit
CommonStockVestingOfRestrictedStockUnit
|
10208 | shares | |
CY2023Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
1018079 | shares |
CY2023Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
2.35 | |
CY2023Q2 | SHPH |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingIntrinsicValue
|
0 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
399905 | shares | |
CY2023Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
1018079 | shares |
CY2023Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
2.35 | |
CY2023Q1 | SHPH |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights Value
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRightsValue
|
1189000 | usd |
CY2023Q1 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
2631000 | usd |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
955725 | usd |