2022 Q3 Form 10-Q Financial Statement
#000149315222022611 Filed on August 15, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.907M | $1.479M | $1.492M |
YoY Change | 16.22% | -91.17% | -1.18% |
% of Gross Profit | |||
Research & Development | $1.803M | $2.164M | $2.630M |
YoY Change | -34.85% | 30.26% | -13248.7% |
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | ||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $1.803M | $2.164M | $4.122M |
YoY Change | -59.09% | 30.26% | 176.63% |
Operating Profit | -$3.710M | -$3.643M | -$4.122M |
YoY Change | -15.84% | -80.07% | 176.63% |
Interest Expense | $16.15K | $6.930K | -$4.620K |
YoY Change | -1731.31% | -119.86% | -115.4% |
% of Operating Profit | |||
Other Income/Expense, Net | $16.15K | $6.934K | -$180.00 |
YoY Change | -101.53% | -96.27% | |
Pretax Income | -$3.694M | -$3.636M | -$4.122M |
YoY Change | -32.44% | -79.9% | 184.28% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$3.694M | -$3.636M | -$4.122M |
YoY Change | -32.44% | -79.9% | 33.41% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.09 | -$0.09 | -$0.11 |
Diluted Earnings Per Share | -$94.60K | -$94.87K | -$108.1K |
COMMON SHARES | |||
Basic Shares Outstanding | 38.06M shares | 38.33M shares | 38.12M shares |
Diluted Shares Outstanding | 39.05M shares | 38.33M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $7.084M | $5.621M | $9.188M |
YoY Change | -53.93% | -74.01% | -70.41% |
Cash & Equivalents | $309.9K | $1.115M | $1.189M |
Short-Term Investments | $6.774M | $4.506M | $7.999M |
Other Short-Term Assets | $993.1K | $1.371M | $884.1K |
YoY Change | 74.29% | 84.19% | 301.87% |
Inventory | |||
Prepaid Expenses | $993.1K | $1.371M | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $8.077M | $6.992M | $10.07M |
YoY Change | -49.35% | -68.75% | -70.63% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $155.1K | $170.2K | $132.8K |
YoY Change | 141.52% | 127.37% | |
Goodwill | $10.50M | $10.50M | |
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.500M | $1.500M | $1.500M |
YoY Change | 0.0% | 0.0% | |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $12.15M | $12.17M | $12.13M |
YoY Change | 0.75% | 0.79% | 708.75% |
TOTAL ASSETS | |||
Total Short-Term Assets | $8.077M | $6.992M | $10.07M |
Total Long-Term Assets | $12.15M | $12.17M | $12.13M |
Total Assets | $20.23M | $19.16M | $22.20M |
YoY Change | -27.77% | -44.38% | -37.98% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.717M | $2.842M | $1.996M |
YoY Change | -16.37% | -13.86% | -14.7% |
Accrued Expenses | $324.6K | $223.4K | $470.7K |
YoY Change | 733.89% | 351.18% | |
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 | $1.781M | $2.903M | $2.467M |
YoY Change | -14.89% | -13.29% | 4.08% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $123.1K | $139.8K | $114.6K |
YoY Change | 373.94% | 440.7% | |
Total Long-Term Liabilities | $123.1K | $139.8K | $114.6K |
YoY Change | 373.93% | 440.71% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.781M | $2.903M | $2.467M |
Total Long-Term Liabilities | $123.1K | $139.8K | $114.6K |
Total Liabilities | $1.904M | $3.043M | $2.581M |
YoY Change | -10.12% | -9.82% | 8.92% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$90.01M | -$86.32M | |
YoY Change | |||
Common Stock | $108.2M | $102.3M | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $18.33M | $16.12M | $19.62M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $20.23M | $19.16M | $22.20M |
YoY Change | -27.77% | -44.38% | -37.98% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.694M | -$3.636M | -$4.122M |
YoY Change | -32.44% | -79.9% | 33.41% |
Depreciation, Depletion And Amortization | $0.00 | ||
YoY Change | |||
Cash From Operating Activities | -$4.087M | -$3.568M | -$2.366M |
YoY Change | -36.59% | -38.25% | -4.59% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$2.268M | $3.494M | $2.999M |
YoY Change | -141.25% | -87.02% | -119.26% |
Cash From Investing Activities | -$2.268M | $3.494M | $2.999M |
YoY Change | -141.25% | -87.02% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 5.550M | 0.000 | |
YoY Change | 2748.07% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -4.087M | -3.568M | -2.366M |
Cash From Investing Activities | -2.268M | 3.494M | 2.999M |
Cash From Financing Activities | 5.550M | 0.000 | |
Net Change In Cash | -805.2K | -74.06K | $0.00 |
YoY Change | 7.03% | -100.37% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.087M | -$3.568M | -$2.366M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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Interest Expense Accretion Of Debt Discount
InterestExpenseAccretionOfDebtDiscount
|
701090 | usd | |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
132246 | usd |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15036051 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
229245 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15036051 | usd | |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3642977 | usd |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18278234 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7764831 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-21367938 | usd | |
CY2022Q2 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
5986 | usd |
CY2021Q2 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
5641 | usd |
us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
6106 | usd | |
us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
5641 | usd | |
CY2022Q2 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-1999 | usd |
CY2021Q2 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
41447 | usd |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-3649 | usd | |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
41447 | usd | |
CY2022Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
2947 | usd |
CY2021Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-41447 | usd |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-145 | usd | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-41447 | usd | |
CY2021Q2 | MYMD |
Gain On Debt Forgiveness
GainOnDebtForgiveness
|
180257 | usd |
MYMD |
Gain On Debt Forgiveness
GainOnDebtForgiveness
|
180257 | usd | |
MYMD |
Gain Loss On Uninsured Casualty
GainLossOnUninsuredCasualty
|
4442 | usd | |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
6934 | usd |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
185898 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
6754 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
185898 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3636043 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-18092336 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-7758077 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-21182040 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3636043 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18092336 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7758077 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-21182040 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.09 | |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.50 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.20 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.66 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38325311 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
35906891 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38224679 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
32250413 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23647174 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
81002 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
15998 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4122034 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19622140 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
132246 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3636043 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16118343 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5257034 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3089704 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8346738 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8346738 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
42477358 | usd |
CY2021Q2 | MYMD |
Modification Of Pre Merger Stock Options
ModificationOfPreMergerStockOptions
|
4188315 | usd |
CY2021Q2 | MYMD |
Modification Terms Of Pre Merger Stock Options
ModificationTermsOfPreMergerStockOptions
|
15036051 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18092336 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31074335 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31074335 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7758077 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-21182040 | usd | |
MYMD |
Accrued Interestdividends
AccruedInterestdividends
|
4496 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
608460 | usd | |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-3649 | usd | |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
41447 | usd | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-145 | usd | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-41447 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
180258 | usd | |
MYMD |
Stock Option Modification Expenses
StockOptionModificationExpenses
|
15036051 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
208332 | usd | |
MYMD |
Options Issued To Nonemployees
OptionsIssuedToNonemployees
|
4916 | usd | |
MYMD |
Restricted Stock Units To Nonemployees
RestrictedStockUnitsToNonemployees
|
15998 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
265060 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
557279 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
1854909 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-1988204 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
943 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
278 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5934245 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8258496 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
6548 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
10137 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
6500000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
9983176 | usd | |
MYMD |
Net Cash Received In Business Combination
NetCashReceivedInBusinessCombination
|
1380852 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
6493452 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
11353891 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
3062444 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
120000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1826137 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1116307 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
559207 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1979088 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
555567 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
148284 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1115174 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2127372 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
271800 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
53196 | usd | |
MYMD |
Other Asset Investment
OtherAssetInvestment
|
1500000 | usd | |
us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-2 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_841_eus-gaap--UseOfEstimates_z1u9b3g0qlDg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(b) <span id="xdx_86B_z1LMFoxN7cS9">Use of Estimates and Judgments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; 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 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with US GAAP requires management to make judgments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised and in any future periods affected. Information about significant areas of estimation, uncertainty and critical judgments in applying accounting policies that have the most significant effect on the amounts recognized in the financial statements is included in the following notes for recording research and development expenses, impairment of intangible assets and the valuation of share-based payments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q2 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-1999 | usd |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-3649 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
6500000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
9983176 | usd | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_846_eus-gaap--ConcentrationRiskCreditRisk_zJKgzkLWNpS1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(h) <span id="xdx_868_zlvjSk9CMAO4">Concentrations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash on deposit with financial institutions and accounts receivable. At times, the Company’s cash in banks is in excess of the FDIC insurance limit. The Company has not experienced any loss as a result of these cash deposits. These cash balances are maintained with three banks as of June 30, 2022.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
170226 | usd |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
149009 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
61519 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
53240 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
109792 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
95911 | usd |
CY2022Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
19260 | usd |
CY2021Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
12439 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
36231 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
174877 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
31088 | usd | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P31Y | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.100 | pure |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
37547 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
77005 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
5814 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
120366 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1086 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
193731 | usd |
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12543300 | shares |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10136128 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12543300 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10136128 | shares | |
MYMD |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
|
P1Y1M24D | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_849_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zoZOGV8E4e13" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(t) <span id="xdx_860_zQJ9dxa0aq7c">Reclassifications</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior year amounts have been reclassified to conform to the current year’s presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1115174 | usd |
CY2022Q2 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
4505825 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-7758077 | usd | |
CY2022Q2 | MYMD |
Working Capital
WorkingCapital
|
4089352 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16118343 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-86319645 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5934245 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7758077 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
1854909 | usd | |
CY2022Q2 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
2618109 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
867518 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
223426 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
119108 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
2841535 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
986626 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4176737 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.59 | |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.59 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P1Y3M14D | ||
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
14493284 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
300000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.41 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.41 | ||
MYMD |
Weighted Average Remaining Contractual Term Granted
WeightedAverageRemainingContractualTermGranted
|
P6Y18D | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4476737 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.64 | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.64 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
4276737 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.56 | |
MYMD |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
|
2.58 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P0Y10M20D | ||
MYMD |
Unamortized Stock Option Expenses
UnamortizedStockOptionExpenses
|
703772 | usd | |
MYMD |
Unamortized Stock Option Expenses
UnamortizedStockOptionExpenses
|
0 | usd | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2021Q4 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
11576 | shares |
CY2021Q4 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
11576 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.59 | |
CY2021Q4 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
29982 | usd |
CY2022Q2 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
50000 | usd |
CY2021Q2 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
42000 | usd |
us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
98000 | usd | |
us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
71000 | usd | |
us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
1 | pure | |
us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.03 | pure | |
CY2022Q2 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
11849 | usd |
CY2021Q2 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
2888 | usd |
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
20598 | usd | |
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
2888 | usd |