2021 Q1 Form 10-Q Financial Statement

#000143774921011716 Filed on May 11, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $2.083M $600.0K
YoY Change 247.17% -72.49%
Cost Of Revenue $3.112M $1.738M
YoY Change 79.06% -29.55%
Gross Profit -$1.029M -$1.138M
YoY Change -9.58% 297.9%
Gross Profit Margin -49.4% -189.67%
Selling, General & Admin $7.045M $7.602M
YoY Change -7.33% -37.86%
% of Gross Profit
Research & Development $4.215M $3.934M
YoY Change 7.14% -30.43%
% of Gross Profit
Depreciation & Amortization $802.0K $570.0K
YoY Change 40.7% -5.0%
% of Gross Profit
Operating Expenses $14.38M $16.01M
YoY Change -10.18% -10.48%
Operating Profit -$15.41M -$17.15M
YoY Change -10.14% -21.77%
Interest Expense $7.000K $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net -$1.965M -$143.0K
YoY Change 1274.13% -88.17%
Pretax Income -$17.38M -$17.30M
YoY Change 0.48% -25.24%
Income Tax -$40.00K -$697.0K
% Of Pretax Income
Net Earnings -$17.34M -$16.60M
YoY Change 4.47% -26.31%
Net Earnings / Revenue -832.45% -2766.33%
Basic Earnings Per Share -$0.08
Diluted Earnings Per Share -$84.59K -$574.2K
COMMON SHARES
Basic Shares Outstanding 205.0M 46.09M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $165.2M $21.82M
YoY Change 657.45% -54.93%
Cash & Equivalents $165.2M $21.82M
Short-Term Investments
Other Short-Term Assets $3.593M $7.341M
YoY Change -51.06% -28.11%
Inventory $11.18M $9.829M
Prepaid Expenses $1.412M
Receivables $2.306M $951.0K
Other Receivables $0.00 $2.635M
Total Short-Term Assets $182.3M $39.94M
YoY Change 356.53% -51.55%
LONG-TERM ASSETS
Property, Plant & Equipment $9.179M $6.060M
YoY Change 51.47% 2.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $193.0K $2.168M
YoY Change -91.1% 27.91%
Total Long-Term Assets $41.29M $44.29M
YoY Change -6.78% -67.08%
TOTAL ASSETS
Total Short-Term Assets $182.3M $39.94M
Total Long-Term Assets $41.29M $44.29M
Total Assets $223.6M $84.23M
YoY Change 165.48% -61.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.327M $4.047M
YoY Change -42.5% -14.91%
Accrued Expenses $3.830M $8.026M
YoY Change -52.28% 13.94%
Deferred Revenue $892.0K $903.0K
YoY Change -1.22% -44.19%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.459M
YoY Change
Total Short-Term Liabilities $9.508M $13.05M
YoY Change -27.13% -33.2%
LONG-TERM LIABILITIES
Long-Term Debt $356.0K $0.00
YoY Change -100.0%
Other Long-Term Liabilities $7.833M $1.217M
YoY Change 543.63% 10.24%
Total Long-Term Liabilities $356.0K $1.217M
YoY Change -70.75% 10.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.508M $13.05M
Total Long-Term Liabilities $356.0K $1.217M
Total Liabilities $17.70M $17.07M
YoY Change 3.69% -75.69%
SHAREHOLDERS EQUITY
Retained Earnings -$740.3M -$680.2M
YoY Change 8.84% 27.88%
Common Stock $945.1M $749.6M
YoY Change 26.09% 10.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $205.9M $67.16M
YoY Change
Total Liabilities & Shareholders Equity $223.6M $84.23M
YoY Change 165.48% -61.18%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$17.34M -$16.60M
YoY Change 4.47% -26.31%
Depreciation, Depletion And Amortization $802.0K $570.0K
YoY Change 40.7% -5.0%
Cash From Operating Activities -$10.24M -$12.48M
YoY Change -17.95% -48.43%
INVESTING ACTIVITIES
Capital Expenditures $395.0K $2.000K
YoY Change 19650.0% -98.31%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$395.0K -$2.000K
YoY Change 19650.0% -100.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $159.6M $24.70M
YoY Change 546.07% -9493.16%
NET CHANGE
Cash From Operating Activities -$10.24M -$12.48M
Cash From Investing Activities -$395.0K -$2.000K
Cash From Financing Activities $159.6M $24.70M
Net Change In Cash $148.9M $12.17M
YoY Change 1122.81% 172.23%
FREE CASH FLOW
Cash From Operating Activities -$10.24M -$12.48M
Capital Expenditures $395.0K $2.000K
Free Cash Flow -$10.63M -$12.48M
YoY Change -14.8% -48.67%

Facts In Submission

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CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
395000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-395000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2000 USD
CY2021Q1 asxc Proceeds From Issuance Of Equity Net
ProceedsFromIssuanceOfEquityNet
0 USD
CY2020Q1 asxc Proceeds From Issuance Of Equity Net
ProceedsFromIssuanceOfEquityNet
13525000 USD
CY2021Q1 asxc Proceeds From Issuance Of Common Stock Net
ProceedsFromIssuanceOfCommonStockNet
129322000 USD
CY2020Q1 asxc Proceeds From Issuance Of Common Stock Net
ProceedsFromIssuanceOfCommonStockNet
11212000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
214000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
33000 USD
CY2021Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
30497000 USD
CY2020Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
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CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24704000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-108000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
148865000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
12174000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17529000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10567000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
166394000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22741000 USD
CY2021Q1 asxc Transfer Of Inventory To Property And Equipment
TransferOfInventoryToPropertyAndEquipment
0 USD
CY2020Q1 asxc Transfer Of Inventory To Property And Equipment
TransferOfInventoryToPropertyAndEquipment
1958000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
191000 USD
CY2020Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2021Q1 asxc Reclassification Of Warrant Liability To Common Stock And Additional Paid In Capital
ReclassificationOfWarrantLiabilityToCommonStockAndAdditionalPaidInCapital
2236000 USD
CY2020Q1 asxc Reclassification Of Warrant Liability To Common Stock And Additional Paid In Capital
ReclassificationOfWarrantLiabilityToCommonStockAndAdditionalPaidInCapital
0 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3427000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2021Q1 us-gaap Stock Issued1
StockIssued1
0 USD
CY2020Q1 us-gaap Stock Issued1
StockIssued1
2470000 USD
CY2021Q1 asxc Transfer Of In Process Research And Development To Intellectual Property
TransferOfInProcessResearchAndDevelopmentToIntellectualProperty
0 USD
CY2020Q1 asxc Transfer Of In Process Research And Development To Intellectual Property
TransferOfInProcessResearchAndDevelopmentToIntellectualProperty
2425000 USD
CY2021Q1 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
CY2020Q1 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
30000 USD
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-740300000 USD
CY2021Q1 asxc Working Capital
WorkingCapital
172800000 USD
CY2021Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
30500000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
165200000 USD
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;"><b>Use of Estimates</b></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the 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. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include impairment considerations for intangible assets, fair value estimates related to contingent consideration, warrant liabilities, stock compensation expense, revenue recognition, accounts receivable reserves, excess and obsolete inventory reserves, inventory classification between current and non-current, and deferred tax asset valuation allowances.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">The COVID-<em style="font: inherit;">19</em> pandemic has caused significant social and economic restrictions that have been imposed in the United States and abroad, which has resulted in significant volatility in the global economy and led to reduced economic activity. In the preparation of these financial statements and related disclosures, the Company has assessed the impact that COVID-<em style="font: inherit;">19</em> has had on its estimates, assumptions, forecasts, and accounting policies. The Company continues to monitor closely the COVID-<em style="font: inherit;">19</em> pandemic impact on its estimates, assumptions and forecasts used in the preparation of its financial statements. As the COVID-<em style="font: inherit;">19</em> situation is unprecedented and ever evolving, future events and effects related to COVID-<em style="font: inherit;">19</em> cannot be determined with precision, and actual results could significantly differ from estimates or forecasts.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1100000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1200000 USD
CY2021Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;"><b>Concentrations and Credit Risk</b></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">The Company’s principal financial instruments subject to potential concentration of credit risk are cash and cash equivalents, including amounts held in money market accounts. The Company places cash deposits with a federally insured financial institution. The Company maintains its cash at banks and financial institutions it considers to be of high credit quality; however, the Company’s domestic cash deposits <em style="font: inherit;"> may </em>at times exceed the Federal Deposit Insurance Corporation’s insured limit. Balances in excess of federally insured limitations <em style="font: inherit;"> may </em><em style="font: inherit;">not</em> be insured. The Company has <em style="font: inherit;">not</em> experienced losses on these accounts, and management believes that the Company is <em style="font: inherit;">not</em> exposed to significant risks on such accounts.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">The Company’s accounts receivable are derived from sales to customers located throughout the world. The Company evaluates its customers’ financial condition and, generally, requires <em style="font: inherit;">no</em> collateral from its customers. The Company provided reserves for potential credit losses and recorded <em style="font: inherit;">no</em> bad debt charges during the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2021 </em>and <em style="font: inherit;">2020.</em> The Company had <span style="-sec-ix-hidden:c73383246">two</span> customers who constituted 74% of the Company’s net accounts receivable as of <em style="font: inherit;"> March 31, 2021. </em>The Company had <span style="-sec-ix-hidden:c73383248">seven</span> customers who constituted 68% of the Company’s net accounts receivable at <em style="font: inherit;"> December </em><em style="font: inherit;">31,</em> <em style="font: inherit;">2020.</em> The Company had <span style="-sec-ix-hidden:c73383252">one</span> customer who accounted for 57% of revenue in the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2021 </em>and <span style="-sec-ix-hidden:c73383255">eleven</span> customers who accounted for 80% of revenue in the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2020.</em></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1700000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1800000 USD
CY2020Q1 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2083000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
600000 USD
CY2021Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
300000 USD
CY2020Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
100000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3500000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3100000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
100000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
100000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
200000 USD
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
200000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3500000 USD
CY2021Q1 us-gaap Revenue Recognition Leases Operating
RevenueRecognitionLeasesOperating
<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;"><b>Senhance System Leasing</b></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">The Company enters into lease arrangements with certain qualified customers. Revenue related to arrangements including lease elements are allocated to lease and non-lease elements based on their relative standalone selling prices. Lease elements generally include a Senhance System, while non-lease elements generally include instruments, accessories, and services. For some lease arrangements, the customers are provided with the right to purchase the leased System at some point during and/or at the end of the lease term. In some arrangements lease payments are based on the usage of the System.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">In determining whether a transaction should be classified as a sales-type or operating lease, the Company considers the following terms at lease commencement: (<em style="font: inherit;">1</em>) whether title of the Senhance System transfers automatically or for a nominal fee by the end of the lease term, (<em style="font: inherit;">2</em>) whether the present value of the minimum lease payments equals or exceeds substantially all of the fair value of the leased System, (<em style="font: inherit;">3</em>) whether the lease term is for the major part of the remaining economic life of the leased System, (<em style="font: inherit;">4</em>) whether the lease grants the lessee an option to purchase the leased System that the lessee is reasonably certain to exercise, and (<em style="font: inherit;">5</em>) whether the underlying System is of such a specialized nature that it is expected to have <em style="font: inherit;">no</em> alternative use to the Company at the end of the lease term. All such arrangements through <em style="font: inherit;"> March 31, 2021 </em>are classified as operating leases.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">Revenue related to lease elements from operating lease arrangements is generally recognized on a straight-line basis over the lease term or based upon System usage and is presented as product revenue. Revenue related to lease elements from operating lease arrangements was approximately $0.3 million and $0.1 million for the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2021 </em>and <em style="font: inherit;">2020,</em> respectively.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2021Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
300000 USD
CY2020Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
100000 USD
CY2021Q1 us-gaap Inventory Write Down
InventoryWriteDown
100000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1900000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
165245000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1149000 USD
CY2021Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
166394000 USD
CY2021Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
4193000 USD
CY2021Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
4193000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
16363000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1166000 USD
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
17529000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
3936000 USD
CY2020Q4 asxc Warrant Liability
WarrantLiability
255000 USD
CY2020Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
4191000 USD
CY2021Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
300000 USD
CY2020Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1100000 USD
CY2017Q2 asxc Number Of Units Sold
NumberOfUnitsSold
24900000
CY2017Q2 asxc Number Of Shares In Each Unit
NumberOfSharesInEachUnit
0.077
CY2017Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.00
CY2021Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2000000.0 USD
CY2020Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
200000 USD
CY2021Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2000000.0 USD
CY2020Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
200000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
11841000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
10749000 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6996000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
8098000 USD
CY2021Q1 asxc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
18837000 USD
CY2020Q4 asxc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
18847000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
11181000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
10034000 USD
CY2021Q1 us-gaap Inventory Noncurrent
InventoryNoncurrent
7656000 USD
CY2020Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
8813000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
839000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
576000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
477000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
484000 USD
CY2021Q1 asxc Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
2931000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5984000 USD
CY2021Q1 asxc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
18837000 USD
CY2020Q4 asxc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
18847000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
69238000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
52637000 USD
CY2021Q1 asxc Finite Lived Intangible Assets Foreign Currency Translation Impact
FiniteLivedIntangibleAssetsForeignCurrencyTranslationImpact
1990000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18591000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
69238000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
51902000 USD
CY2020Q4 asxc Finite Lived Intangible Assets Foreign Currency Translation Impact
FiniteLivedIntangibleAssetsForeignCurrencyTranslationImpact
4931000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22267000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.002 pure
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.038 pure
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0.0 USD
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
700000 USD
CY2021Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-40000.00 USD
CY2020Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
20000.00 USD
CY2020 us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
300000 USD
CY2021Q1 asxc Stock Issued During Period Shares Warrants Exercised
StockIssuedDuringPeriodSharesWarrantsExercised
45114210
CY2021Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
30500000 USD
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8743586
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
800000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3600000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
400000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
400000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
400000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
400000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
677000 USD
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
53819880
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.079 pure
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.082 pure
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4200000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4400000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1605000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4379000 USD

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