2024 Q2 Form 10-Q Financial Statement
#000149315224019840 Filed on May 15, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | 1.299M gbps | ||
YoY Change | -32.85% | ||
% of Gross Profit | |||
Depreciation & Amortization | 114.7K gbps | ||
YoY Change | -32.17% | ||
% of Gross Profit | |||
Operating Expenses | 3.442M gbps | ||
YoY Change | -17.38% | ||
Operating Profit | -3.442M gbps | ||
YoY Change | -17.38% | ||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | 9.060K gbps | ||
YoY Change | -99.71% | ||
Pretax Income | -3.433M gbps | ||
YoY Change | 231.68% | ||
Income Tax | -110.7K gbps | ||
% Of Pretax Income | |||
Net Earnings | -3.322M gbps | ||
YoY Change | 423.2% | ||
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.11 | ||
Diluted Earnings Per Share | -$0.11 | ||
COMMON SHARES | |||
Basic Shares Outstanding | 98.90M shares | 63.90M shares | |
Diluted Shares Outstanding | 30.14M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $981.0K | ||
YoY Change | |||
Cash & Equivalents | 1.000M gbps | 2.500M gbps | |
Short-Term Investments | |||
Other Short-Term Assets | $2.016M | ||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | 4.203M gbps | 5.701M gbps | |
YoY Change | -23.45% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | 1.160M gbps | 1.275M gbps | |
YoY Change | -56.79% | ||
Goodwill | |||
YoY Change | |||
Intangibles | 608.5K gbps | 615.2K gbps | |
YoY Change | 11.24% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | 3.061M gbps | 3.231M gbps | |
YoY Change | -7.78% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | 4.203M gbps | 5.701M gbps | |
Total Long-Term Assets | 3.061M gbps | 3.231M gbps | |
Total Assets | 7.264M gbps | 8.932M gbps | |
YoY Change | -18.44% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | 1.928M gbps | 1.847M gbps | |
YoY Change | 109.36% | ||
Accrued Expenses | 1.013M gbps | 1.229M gbps | |
YoY Change | 30.11% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | ||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | 4.764M gbps | 4.751M gbps | |
YoY Change | -48.16% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | ||
YoY Change | |||
Other Long-Term Liabilities | $1.420M | ||
YoY Change | |||
Total Long-Term Liabilities | $1.420M | ||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | 4.764M gbps | 4.751M gbps | |
Total Long-Term Liabilities | $1.420M | ||
Total Liabilities | 6.184M gbps | 6.246M gbps | |
YoY Change | -43.09% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -42.16M gbps | -38.84M gbps | |
YoY Change | 16.37% | ||
Common Stock | 6.391K gbps | 2.057K gbps | |
YoY Change | 2065.26% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | 1.080M gbps | 2.685M gbps | |
YoY Change | |||
Total Liabilities & Shareholders Equity | 7.264M gbps | 8.932M gbps | |
YoY Change | -18.44% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -3.322M gbps | ||
YoY Change | 423.2% | ||
Depreciation, Depletion And Amortization | 114.7K gbps | ||
YoY Change | -32.17% | ||
Cash From Operating Activities | -2.400M gbps | ||
YoY Change | -17.56% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -5.618K gbps | ||
YoY Change | -96.13% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 932.6K gbps | ||
YoY Change | -76.42% | ||
NET CHANGE | |||
Cash From Operating Activities | -2.400M gbps | ||
Cash From Investing Activities | -5.618K gbps | ||
Cash From Financing Activities | 932.6K gbps | ||
Net Change In Cash | -1.482M gbps | ||
YoY Change | -265.04% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -2.400M gbps | ||
Capital Expenditures | |||
Free Cash Flow | -2.400M gbps | ||
YoY Change | -20.83% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
X0 | |
CY2024Q1 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
00-0000000 | |
CY2024Q1 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2024Q1 | dei |
Entity File Number
EntityFileNumber
|
001-41231 | |
CY2024Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
TC BIOPHARM (HOLDINGS) PLC | |
CY2024Q1 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
Maxim 1, 2 Parklands Way | |
CY2024Q1 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
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Holytown | |
CY2024Q1 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
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Motherwell | |
CY2024Q1 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
ML1 4WR | |
CY2024Q1 | dei |
Entity Address Country
EntityAddressCountry
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GB | |
CY2024Q1 | dei |
City Area Code
CityAreaCode
|
+44 (0) | |
CY2024Q1 | dei |
Local Phone Number
LocalPhoneNumber
|
141 433 7557 | |
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Document Fiscal Period Focus
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Q1 | |
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Current Fiscal Year End Date
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Entity Central Index Key
EntityCentralIndexKey
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Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
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Foreign Currency Transaction Gain Loss After Tax
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|
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Other Noncash Expense
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|
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Payments To Acquire Property Plant And Equipment
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Proceeds From Warrant Exercises
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Proceeds From Issuance Of Warrants
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Property Plant And Equipment Additions
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Property Plant And Equipment Disposals
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Document Type
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Entity Current Reporting Status
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Entity Interactive Data Current
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Entity Filer Category
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Entity Small Business
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Entity Ex Transition Period
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Entity Shell Company
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Entity Common Stock Shares Outstanding
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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Cash And Cash Equivalents At Carrying Value
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Corporation Tax Receivable
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Corporation Tax Receivable
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Prepaid Expense And Other Assets Current
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Prepaid Expense And Other Assets Current
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Assets Current
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Assets Current
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Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
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Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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Operating Lease Right Of Use Asset
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Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
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Intangible Assets Net Excluding Goodwill
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Accounts Payable And Accrued Liabilities Current
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Derivative Liabilities Current
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Derivative Liabilities Current
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|
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Operating Lease Liability Noncurrent
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Liabilities
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|
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
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Common Stock Par Or Stated Value Per Share
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|
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Common Stock Value
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|
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Common Stock Value
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|
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Deferred Stock Par Or Stated Value Per Share
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|
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|
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|
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|
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|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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CY2024Q1 | us-gaap |
Stockholders Equity
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|
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Stockholders Equity
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|
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Liabilities And Stockholders Equity
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|
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Liabilities And Stockholders Equity
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|
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Research And Development Expense
ResearchAndDevelopmentExpense
|
1298942 | gbp |
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Research And Development Expense
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|
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General And Administrative Expense
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|
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|
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|
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|
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|
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Operating Income Loss
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|
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Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
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CY2023Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
3148648 | gbp |
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Other Nonoperating Expense
OtherNonoperatingExpense
|
2386 | gbp |
CY2023Q1 | us-gaap |
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OtherNonoperatingExpense
|
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Nonoperating Income Expense
NonoperatingIncomeExpense
|
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CY2023Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
3130854 | gbp |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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Net Income Loss
NetIncomeLoss
|
-3321854 | gbp |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-634911 | gbp |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
30138602 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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|
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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Weighted Average Number Of Diluted Shares Outstanding
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|
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Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.11 | |
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Earnings Per Share Basic
EarningsPerShareBasic
|
-0.31 | |
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.31 | |
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Stockholders Equity
StockholdersEquity
|
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Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
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Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
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CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
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CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
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CY2024Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
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CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
19523 | gbp |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3321854 | gbp |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1080488 | gbp |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1080488 | gbp |
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Net Income Loss
NetIncomeLoss
|
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CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
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Depreciation
Depreciation
|
114745 | gbp |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
169155 | gbp |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12276 | gbp |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
11815 | gbp |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
784555 | gbp |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
139815 | gbp |
CY2024Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
11446 | gbp |
CY2023Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
3148648 | gbp |
CY2023Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
219830 | gbp |
CY2023Q1 | us-gaap |
Foreign Currency Transaction Gain Loss After Tax
ForeignCurrencyTransactionGainLossAfterTax
|
17214 | gbp |
CY2023Q1 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
11705 | gbp |
CY2024Q1 | TCBP |
Increase Decrease In In Corporation Tax Receivable
IncreaseDecreaseInInCorporationTaxReceivable
|
110742 | gbp |
CY2023Q1 | TCBP |
Increase Decrease In In Corporation Tax Receivable
IncreaseDecreaseInInCorporationTaxReceivable
|
400000 | gbp |
CY2024Q1 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-127236 | gbp |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-332510 | gbp |
CY2024Q1 | TCBP |
Increase Decrease In Operating Lease Liability Right Of Use Asset
IncreaseDecreaseInOperatingLeaseLiabilityRightOfUseAsset
|
-48061 | gbp |
CY2023Q1 | TCBP |
Increase Decrease In Operating Lease Liability Right Of Use Asset
IncreaseDecreaseInOperatingLeaseLiabilityRightOfUseAsset
|
-46211 | gbp |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
21607 | gbp |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
447418 | gbp |
CY2024Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-73031 | gbp |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-88933 | gbp |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2408593 | gbp |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2911247 | gbp |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
120182 | gbp |
CY2024Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
5618 | gbp |
CY2023Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
25051 | gbp |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5618 | gbp |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-145233 | gbp |
CY2024Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
986772 | gbp |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
2673789 | gbp |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
19765 | gbp |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1439414 | gbp |
CY2024Q1 | TCBP |
Payments Of Stock And Warrant Issuance Costs
PaymentsOfStockAndWarrantIssuanceCosts
|
73980 | gbp |
CY2023Q1 | TCBP |
Payments Of Stock And Warrant Issuance Costs
PaymentsOfStockAndWarrantIssuanceCosts
|
158965 | gbp |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
932557 | gbp |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3954238 | gbp |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1481654 | gbp |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
897758 | gbp |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2462609 | gbp |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4808060 | gbp |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
980955 | gbp |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5705818 | gbp |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
65750 | shares |
CY2023Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.0001 | |
CY2023Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.0001 | |
CY2023Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
140000 | shares |
CY2023Q1 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
100 | |
CY2023Q1 | us-gaap |
Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
|
35 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
623750 | shares |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1000000.0 | gbp |
CY2024Q1 | TCBP |
Working Capital Deficit
WorkingCapitalDeficit
|
600000 | gbp |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2400000 | gbp |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3300000 | gbp |
CY2024Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84F_eus-gaap--UseOfEstimates_zMRtl0IYZVv" 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_869_z3LDeWKeU8J6">Use of Estimates</span></i></b></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> <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 these unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the Company’s 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 financial statements and the reported amounts of revenues and expenses during the reporting period.</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> <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">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</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> | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
|
0.20 | pure |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1000000.0 | gbp |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2500000 | gbp |
CY2024Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_840_eus-gaap--ConcentrationRiskCreditRisk_zRNbPkJ7a463" 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_861_zW0ySmoZ5Wzj">Concentration of Risk</span></i></b></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> <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 subject the Company to significant concentrations of credit risk primarily consist of cash and cash equivalents. The Company maintains substantially all of its cash and cash equivalents with financial institutions, which, at times, may exceed federally insured limits. The Company has not incurred any losses associated with this concentration of deposits.</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> <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 Company currently has bank deposits with financial institutions in the U.S. of approximately £<span id="xdx_908_eus-gaap--CashFDICInsuredAmount_iI_pn5n6_uGBP_c20240331_zUVa7803PyV3" title="FDCI Insured amount">0.2</span> million as of March 31, 2024 which are below the FDIC insurance limits. FDIC insurance provides protection for bank deposits up to $<span id="xdx_909_eus-gaap--CashFDICInsuredAmount_iI_uUSD_c20240331_zlVy3x43zYF7" title="FDIC insured amount">250,000</span>. The Company had approximately £<span id="xdx_90F_eus-gaap--CashUninsuredAmount_iI_pn5n6_uGBP_c20240331_zG9oXCIA9JH2" title="Uninsured bank deposits">0.8</span> million in uninsured bank deposits with financial institutions outside the U.S as of March 31, 2024. All uninsured bank deposits are held at high quality credit institutions.</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> | |
CY2024Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
200000 | gbp |
CY2024Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q1 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
800000 | gbp |
CY2023Q1 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P16Y | |
CY2024Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | gbp |
CY2023Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | gbp |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3321854 | gbp |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-634911 | gbp |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
30138602 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
30138602 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2051836 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2051836 | shares |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.11 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.31 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.31 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5432180 | gbp |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5432180 | gbp |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4157382 | gbp |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
114745 | gbp |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4272127 | gbp |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1160053 | gbp |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1274798 | gbp |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
114745 | gbp |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
169155 | gbp |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
860606 | gbp |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
860606 | gbp |
CY2024Q1 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
5618 | gbp |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
866224 | gbp |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
866224 | gbp |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
245436 | gbp |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12276 | gbp |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
257712 | gbp |
CY2024Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
608512 | gbp |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
615170 | gbp |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12276 | gbp |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
11815 | gbp |
CY2024Q1 | us-gaap |
Other Receivables
OtherReceivables
|
51826 | gbp |
CY2023Q4 | us-gaap |
Other Receivables
OtherReceivables
|
51584 | gbp |
CY2024Q1 | us-gaap |
Value Added Tax Receivable
ValueAddedTaxReceivable
|
66957 | gbp |
CY2023Q4 | us-gaap |
Value Added Tax Receivable
ValueAddedTaxReceivable
|
135642 | gbp |
CY2024Q1 | TCBP |
Prepaid Clinical Trial Costs
PrepaidClinicalTrialCosts
|
307519 | gbp |
CY2023Q4 | TCBP |
Prepaid Clinical Trial Costs
PrepaidClinicalTrialCosts
|
307519 | gbp |
CY2024Q1 | TCBP |
Deferred Clinical Trial Testing Costs
DeferredClinicalTrialTestingCosts
|
1177500 | gbp |
CY2023Q4 | TCBP |
Deferred Clinical Trial Testing Costs
DeferredClinicalTrialTestingCosts
|
1177500 | gbp |
CY2024Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
463688 | gbp |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
522480 | gbp |
CY2024Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2067490 | gbp |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2194725 | gbp |
CY2024Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1927612 | gbp |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1847279 | gbp |
CY2024Q1 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
290255 | gbp |
CY2023Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
139029 | gbp |
CY2024Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1013162 | gbp |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1229419 | gbp |
CY2024Q1 | TCBP |
Accrued In Respect To Clinical Trial Testing
AccruedInRespectToClinicalTrialTesting
|
1177500 | gbp |
CY2023Q4 | TCBP |
Accrued In Respect To Clinical Trial Testing
AccruedInRespectToClinicalTrialTesting
|
1177500 | gbp |
CY2024Q1 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
44918 | gbp |
CY2023Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
38613 | gbp |
CY2024Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
4453447 | gbp |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
4431840 | gbp |
CY2024Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
86785 | gbp |
CY2023Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
86291 | gbp |
CY2024Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
111754 | gbp |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
111754 | gbp |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y10M28D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y1M9D | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.086 | pure |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.086 | pure |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
335261 | gbp |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
447015 | gbp |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
447015 | gbp |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
447015 | gbp |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
447015 | gbp |
CY2024Q1 | TCBP |
Lessee Operating Lease Liability Undiscounted Excess Amount And Imputed Interest
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountAndImputedInterest
|
395194 | gbp |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1728127 | gbp |
CY2021Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
20000000 | usd |
CY2021Q2 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.05 | pure |
CY2023Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
809692 | usd |
CY2022Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
14228245 | usd |
CY2023 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
0 | usd |
CY2022 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
3195765 | usd |
CY2023 | us-gaap |
Long Term Debt Average Amount Outstanding
LongTermDebtAverageAmountOutstanding
|
0 | gbp |
CY2023Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
140000 | shares |
CY2023Q1 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
100 | |
CY2023Q1 | us-gaap |
Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
|
35 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
623750 | shares |
CY2023Q4 | TCBP |
Stockholders Equity American Depositary Shares Description
StockholdersEquityAmericanDepositarySharesDescription
|
On December 15, 2023, the Company changed its ratio of ADSs ordinary shares from one ADS representing one ordinary share to one ADS representing 20 ordinary shares. | |
CY2024Q1 | TCBP |
Weighted Average Fair Value Of Options
WeightedAverageFairValueOfOptions
|
0.93 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
0 | shares |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
|
248659 | gbp |
CY2020Q3 | TCBP |
Share Based Compensation Arrangement By Additional Right To Subscribe For Shares
ShareBasedCompensationArrangementByAdditionalRightToSubscribeForShares
|
15891 | shares |
CY2020Q3 | us-gaap |
Share Price
SharePrice
|
215.00 | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1000000.0 | gbp |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.5814 | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |