2021 Q4 Form 10-Q Financial Statement

#000162828021022803 Filed on November 10, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.623M $3.106M $3.380M
YoY Change -24.73% -8.11% -23.87%
% of Gross Profit
Research & Development $4.715M $4.630M $4.271M
YoY Change 27.78% 8.41% -41.56%
% of Gross Profit
Depreciation & Amortization $102.0K $107.0K $81.00K
YoY Change 175.68% 32.1% 170.0%
% of Gross Profit
Operating Expenses $7.338M $4.630M $4.271M
YoY Change 2.24% 8.41% -41.56%
Operating Profit $7.736M $5.434M
YoY Change 42.36% -146.24%
Interest Expense -$338.0K $437.0K $0.00
YoY Change 8350.0% -100.0%
% of Operating Profit 5.65% 0.0%
Other Income/Expense, Net -$103.0K -$374.0K -$310.0K
YoY Change -43.09% 20.65% 158.33%
Pretax Income -$7.779M -$8.110M -$6.374M
YoY Change 5.66% 27.24% -45.19%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$28.30M -$8.110M -$5.431M
YoY Change 284.43% 49.33% -53.31%
Net Earnings / Revenue
Basic Earnings Per Share -$1.21
Diluted Earnings Per Share -$1.121M -$1.207M -$5.032M
COMMON SHARES
Basic Shares Outstanding 6.910M shares 6.721M shares 521.4K shares
Diluted Shares Outstanding 6.718M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $51.83M $59.72M $43.21M
YoY Change 175.39% 38.19% -8.45%
Cash & Equivalents $51.83M $59.72M $18.82M
Short-Term Investments
Other Short-Term Assets $553.0K $701.0K $2.633M
YoY Change 837.29% -73.38% -49.37%
Inventory
Prepaid Expenses $949.0K $1.300M
Receivables
Other Receivables
Total Short-Term Assets $68.96M $62.56M $19.83M
YoY Change 247.86% 215.55% -63.08%
LONG-TERM ASSETS
Property, Plant & Equipment $1.113M $1.116M $1.110M
YoY Change 0.27% 0.54% -69.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $111.0K $112.0K $51.00K
YoY Change 117.65% 119.61% -96.08%
Total Long-Term Assets $4.275M $4.585M $3.038M
YoY Change 40.72% 50.92% -36.71%
TOTAL ASSETS
Total Short-Term Assets $68.96M $62.56M $19.83M
Total Long-Term Assets $4.275M $4.585M $3.038M
Total Assets $73.24M $67.14M $22.86M
YoY Change 220.33% 193.67% -60.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $991.0K $2.380M $1.071M
YoY Change -7.47% 122.22% -60.33%
Accrued Expenses $1.589M $1.658M $665.0K
YoY Change 138.95% 149.32% -91.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $222.0K
YoY Change 11.0%
Total Short-Term Liabilities $20.03M $6.203M $3.222M
YoY Change 521.54% 92.52% -69.31%
LONG-TERM LIABILITIES
Long-Term Debt $15.07M $15.01M $0.00
YoY Change 24603.28% -100.0%
Other Long-Term Liabilities $2.026M $2.398M $0.00
YoY Change -100.0%
Total Long-Term Liabilities $15.07M $15.01M $0.00
YoY Change 24603.28% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.03M $6.203M $3.222M
Total Long-Term Liabilities $15.07M $15.01M $0.00
Total Liabilities $37.12M $23.61M $4.949M
YoY Change 650.07% 376.99% -67.86%
SHAREHOLDERS EQUITY
Retained Earnings -$100.1M -$92.28M -$71.76M
YoY Change 39.44% 28.6%
Common Stock $7.000K $7.000K $15.00K
YoY Change 600.0% -53.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.12M $43.54M -$64.65M
YoY Change
Total Liabilities & Shareholders Equity $73.24M $67.14M $22.86M
YoY Change 220.33% 193.67% -60.92%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$28.30M -$8.110M -$5.431M
YoY Change 284.43% 49.33% -53.31%
Depreciation, Depletion And Amortization $102.0K $107.0K $81.00K
YoY Change 175.68% 32.1% 170.0%
Cash From Operating Activities -$7.985M -$11.79M -$7.102M
YoY Change 50.58% 66.0% -15.05%
INVESTING ACTIVITIES
Capital Expenditures -$27.00K -$24.00K $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $38.00K $0.00
YoY Change
Cash From Investing Activities -$27.00K $14.00K $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.000K 3.167M -63.00K
YoY Change -85.94% -5126.98% -152.5%
NET CHANGE
Cash From Operating Activities -7.985M -11.79M -7.102M
Cash From Investing Activities -27.00K 14.00K 0.000
Cash From Financing Activities -9.000K 3.167M -63.00K
Net Change In Cash -8.021M -8.608M -7.165M
YoY Change 49.45% 20.14% -13.99%
FREE CASH FLOW
Cash From Operating Activities -$7.985M -$11.79M -$7.102M
Capital Expenditures -$27.00K -$24.00K $0.00
Free Cash Flow -$7.958M -$11.77M -$7.102M
YoY Change 50.07% 65.66% -15.85%

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us-gaap Repayment Of Notes Receivable From Related Parties
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38000 USD
us-gaap Repayment Of Notes Receivable From Related Parties
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44000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-70000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-1000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
35000000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
469000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
33474000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
15000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
93000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
0 USD
tpst Payments Of Merger Related Cost Financing Activities
PaymentsOfMergerRelatedCostFinancingActivities
-17045000 USD
tpst Payments Of Merger Related Cost Financing Activities
PaymentsOfMergerRelatedCostFinancingActivities
0 USD
tpst Payment Of Reverse Recapitalization Transaction Costs
PaymentOfReverseRecapitalizationTransactionCosts
-6420000 USD
tpst Payment Of Reverse Recapitalization Transaction Costs
PaymentOfReverseRecapitalizationTransactionCosts
0 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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30000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-89000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
66000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
38000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
59072000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
34569000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
40941000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19825000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18820000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3244000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59761000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23069000 USD
us-gaap Interest Paid Net
InterestPaidNet
682000 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
tpst Vesting Of Early Exercise Stock Options
VestingOfEarlyExerciseStockOptions
135000 USD
tpst Vesting Of Early Exercise Stock Options
VestingOfEarlyExerciseStockOptions
239000 USD
CY2021Q2 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-15
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5365899 shares
CY2021Q2 tpst Business Combination Exchange Ratio
BusinessCombinationExchangeRatio
0.0322
tpst Stockholders Equity Note Stock Split Exchange Ratio
StockholdersEquityNoteStockSplitExchangeRatio
0.0322
tpst Stockholders Equity Note Stock Split Exchange Ratio
StockholdersEquityNoteStockSplitExchangeRatio
0.0322
us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates and assumptions, including those related to research and development accruals, recoverability of long-lived assets, right-of-use assets, lease obligations, fair value of common stock stock-based compensation and income taxes uncertainties and valuation allowances. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from those estimates.</span>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="padding-left:18pt;padding-right:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Risks and Uncertainties</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The Company is subject to risks and uncertainties common to early-stage companies in the biotechnology industry, including, but not limited to, development by competitors of new technological innovations, protection of proprietary technology, dependence on key personnel, reliance on single-source vendors, availability of raw materials, patentability of the Company’s products and processes and clinical efficacy and safety of the Company’s products under development, compliance with government regulations and the need to obtain additional financing to fund operations. Product candidates currently under development will require significant additional research and development efforts, including extensive preclinical studies, clinical trials and regulatory approval, prior to commercialization. These efforts will require significant amounts of additional capital, adequate personnel infrastructure and extensive compliance and reporting. The Company’s product candidates are still in development and, to date, none of the Company’s product candidates have been approved for sale and, therefore, the Company has not generated any revenue from product sales. There can be no assurance that the Company’s research and development will be successfully completed, that adequate protection for the Company’s intellectual property will be obtained or maintained, that any products developed will obtain necessary government regulatory approval or that any approved products will be commercially viable. Even if the Company’s product development efforts are successful, it is uncertain when, if ever, the Company will generate revenue from product sales. The Company operates in an environment of rapid technological change and substantial competition from other pharmaceutical and biotechnology companies. In addition, the Company is dependent upon the services of its employees, consultants and other third parties.</span></div><div style="padding-left:18pt;padding-right:18pt;text-align:justify"><span><br/></span></div><div style="padding-left:18pt;padding-right:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Moreover, the current COVID-19 (“coronavirus”) pandemic, which is impacting worldwide economic activity, poses risk that the Company or its employees, contractors, suppliers, and other partners may be prevented from conducting business activities for an indefinite period of time, including due to shutdowns that may be requested or mandated by governmental authorities. The extent to which the COVID-19 pandemic will impact the Company’s business will depend on future developments that are highly uncertain and cannot be predicted at this time.</span></div>
CY2020Q1 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
44000 USD
CY2020Q1 tpst Note Receivable Related Party Vested Portion Repayment
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43000 USD
CY2020Q1 tpst Note Receivable Related Party Vested Accrued Interest Repayment
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1000 USD
CY2021Q3 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
38000 USD
CY2021Q3 tpst Note Receivable Related Party Vested Portion Repayment
NoteReceivableRelatedPartyVestedPortionRepayment
35000 USD
CY2021Q3 tpst Note Receivable Related Party Vested Accrued Interest Repayment
NoteReceivableRelatedPartyVestedAccruedInterestRepayment
3000 USD
CY2021Q2 tpst Note Receivable Related Party Forgiven
NoteReceivableRelatedPartyForgiven
278000 USD
CY2021Q3 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
0 USD
CY2020Q4 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
260000 USD
CY2021Q3 us-gaap Prepaid Expense Current
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1300000 USD
CY2020Q4 us-gaap Prepaid Expense Current
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245000 USD
CY2021Q3 tpst Prepaid Research And Development Costs Current
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795000 USD
CY2020Q4 tpst Prepaid Research And Development Costs Current
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441000 USD
CY2021Q3 us-gaap Notes Receivable Related Parties Current
NotesReceivableRelatedPartiesCurrent
0 USD
CY2020Q4 us-gaap Notes Receivable Related Parties Current
NotesReceivableRelatedPartiesCurrent
260000 USD
CY2021Q3 us-gaap Other Assets Current
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701000 USD
CY2020Q4 us-gaap Other Assets Current
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59000 USD
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
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2796000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
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1005000 USD
CY2021Q3 us-gaap Property Plant And Equipment Gross
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1839000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1566000 USD
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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723000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
456000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1116000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1110000 USD
CY2021Q3 us-gaap Depreciation
Depreciation
107000 USD
us-gaap Depreciation
Depreciation
272000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
81000 USD
us-gaap Depreciation
Depreciation
255000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current
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1246000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
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441000 USD
CY2021Q3 tpst Accrued Clinical Trial Liability
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412000 USD
CY2020Q4 tpst Accrued Clinical Trial Liability
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224000 USD
CY2021Q3 us-gaap Accrued Liabilities Current
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1658000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
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665000 USD
CY2021Q2 us-gaap Lessee Operating Lease Term Of Contract
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P2Y8M12D
CY2019Q1 us-gaap Area Of Real Estate Property
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9780 sqft
CY2021Q3 tpst Early Option Exercise Liability
EarlyOptionExerciseLiability
1000 USD
CY2020Q4 tpst Early Option Exercise Liability
EarlyOptionExerciseLiability
79000 USD
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
136 shares
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
29041 shares
CY2019Q1 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P5Y
CY2021Q3 tpst Number Of Non Cancelable Operating Lease Agreements
NumberOfNonCancelableOperatingLeaseAgreements
2 lease
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
393000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1604000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1647000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
443000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
0 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4087000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
278000 USD
CY2021Q3 us-gaap Operating Lease Liability
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3809000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
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1411000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
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2398000 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
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15005000 USD
CY2020Q4 us-gaap Temporary Equity Shares Authorized
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CY2020Q4 us-gaap Temporary Equity Shares Outstanding
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114686731 shares
CY2020Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
100187000 USD
CY2020 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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99414000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
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86706000 USD
CY2021Q2 us-gaap Stock Issued During Period Shares New Issues
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5365899 shares
CY2021Q2 tpst Stockholders Equity Note Stock Split Exchange Ratio
StockholdersEquityNoteStockSplitExchangeRatio
0.0322
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6900731 shares
CY2021Q3 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
136 shares
us-gaap Dividends Common Stock
DividendsCommonStock
0 USD
us-gaap Common Stock Voting Rights
CommonStockVotingRights
one
CY2021Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
469202 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
1.10
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
489797 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
452165 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
452165 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.35
tpst Assumed In Reverse Recapitalization Share Based Compensation Arrangement By Share Based Payment Award Shares Assumed From Reverse Recapitalization
AssumedInReverseRecapitalizationShareBasedCompensationArrangementByShareBasedPaymentAwardSharesAssumedFromReverseRecapitalization
116509 shares
tpst Share Based Compensation Arrangement By Share Based Payment Award Options Assumed In Reverse Recapitalization In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAssumedInReverseRecapitalizationInPeriod
177591 shares
tpst Share Based Compensation Arrangements By Share Based Payment Award Optionsassumed In Reverse Recapitalization In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsassumedInReverseRecapitalizationInPeriodWeightedAverageExercisePrice
179.79
tpst Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantGranted
232669 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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232669 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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232669 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
19.09
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
25871 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.77
tpst Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Cancelled And Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantCancelledAndForfeited
95488 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
100459 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
107.77
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
469125 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
736095 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
736095 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.47
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
736095 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
736095 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y7M13D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.47
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.47
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4124738 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4124738 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
735934 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
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735934 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P8Y7M13D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
37.48
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
37.48
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
4123358 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
4123358 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
306998 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
306998 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P8Y25D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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72.78
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
72.78
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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1792906 USD
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1792906 USD
us-gaap Allocated Share Based Compensation Expense
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321000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
296000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
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91000 USD
us-gaap Allocated Share Based Compensation Expense
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827000 USD
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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0 USD
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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0 USD
CY2021Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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-20523000 USD
us-gaap Net Income Loss
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-14888000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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6721400 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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521408 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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2751519 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
519047 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
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3745 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
37323 shares
us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
11917 shares
us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
52552 shares
CY2021Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6717655 shares
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
484085 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2739602 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
466495 shares
CY2021Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.21
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-11.22
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-7.49
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-31.91
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
742131 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4077577 shares

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