2021 Q4 Form 10-Q Financial Statement

#000143774921025110 Filed on November 03, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $2.476M $2.571M $814.0K
YoY Change 123.67% 215.85% -59.78%
Cost Of Revenue $2.287M $3.350M $1.423M
YoY Change 285.67% 135.42% -58.71%
Gross Profit $189.0K -$779.0K -$609.0K
YoY Change -63.23% 27.91% -57.17%
Gross Profit Margin 7.63% -30.3% -74.82%
Selling, General & Admin $9.155M $9.108M $6.598M
YoY Change 41.19% 38.04% -48.42%
% of Gross Profit 4843.92%
Research & Development $6.575M $4.469M $4.673M
YoY Change 75.33% -4.37% -20.58%
% of Gross Profit 3478.84%
Depreciation & Amortization $3.162M $3.635M $3.634M
YoY Change -15.0% 0.03% 18.37%
% of Gross Profit 1673.02%
Operating Expenses $15.87M $16.66M $14.55M
YoY Change 11.55% 14.47% -84.91%
Operating Profit -$15.68M -$17.44M -$15.16M
YoY Change 14.36% 15.01% -84.5%
Interest Expense $44.00K $65.00K $0.00
YoY Change -129.73% -100.0%
% of Operating Profit
Other Income/Expense, Net -$12.00K $1.401M $82.00K
YoY Change -81.54% 1608.54% -108.27%
Pretax Income -$15.65M -$16.04M -$15.08M
YoY Change 12.43% 6.35% -84.74%
Income Tax $229.0K $32.00K $2.000K
% Of Pretax Income
Net Earnings -$15.88M -$16.07M -$15.08M
YoY Change 15.15% 6.54% -84.57%
Net Earnings / Revenue -641.4% -625.01% -1852.83%
Basic Earnings Per Share -$0.07 -$0.15
Diluted Earnings Per Share -$67.60K -$68.57K -$0.15
COMMON SHARES
Basic Shares Outstanding 234.4M 234.3M 97.54M
Diluted Shares Outstanding 97.54M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $98.39M $117.8M $19.96M
YoY Change 501.3% 489.82% -9.67%
Cash & Equivalents $18.13M $59.78M $20.00M
Short-Term Investments $80.26M $57.97M
Other Short-Term Assets $957.0K $627.0K $5.780M
YoY Change -67.73% -89.15% -34.03%
Inventory $8.634M $11.95M $10.86M
Prepaid Expenses $3.255M $2.209M
Receivables $749.0K $955.0K $903.0K
Other Receivables $1.311M $1.311M $0.00
Total Short-Term Assets $113.3M $134.8M $37.50M
YoY Change 233.1% 259.46% -20.03%
LONG-TERM ASSETS
Property, Plant & Equipment $10.97M $9.911M $8.702M
YoY Change 6.08% 13.89% 60.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $37.44M $30.14M
YoY Change
Other Assets $1.014M $348.0K $1.836M
YoY Change 445.16% -81.05% -28.95%
Total Long-Term Assets $73.18M $64.95M $42.64M
YoY Change 65.39% 52.32% -15.95%
TOTAL ASSETS
Total Short-Term Assets $113.3M $134.8M $37.50M
Total Long-Term Assets $73.18M $64.95M $42.64M
Total Assets $186.5M $199.8M $80.14M
YoY Change 138.28% 149.25% -17.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.448M $3.231M $2.973M
YoY Change 75.47% 8.68% -12.64%
Accrued Expenses $5.176M $4.841M $7.492M
YoY Change -7.82% -35.38% -7.44%
Deferred Revenue $543.0K $678.0K $818.0K
YoY Change -31.18% -17.11% -7.47%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $279.0K
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $9.850M $9.421M $11.56M
YoY Change -4.21% -18.52% -7.15%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $2.536M
YoY Change -100.0% -100.0% -83.42%
Other Long-Term Liabilities $7.377M $8.837M $973.0K
YoY Change 1074.68% 808.22% -38.81%
Total Long-Term Liabilities $0.00 $0.00 $3.509M
YoY Change -100.0% -100.0% 120.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.850M $9.421M $11.56M
Total Long-Term Liabilities $0.00 $0.00 $3.509M
Total Liabilities $17.23M $18.26M $17.98M
YoY Change 3.22% 1.57% -46.93%
SHAREHOLDERS EQUITY
Retained Earnings -$785.4M -$769.5M -$709.1M
YoY Change 8.64% 8.52% 9.11%
Common Stock $954.9M $950.5M $770.5M
YoY Change 22.18% 23.36% 7.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $169.2M $181.5M $62.17M
YoY Change
Total Liabilities & Shareholders Equity $186.5M $199.8M $80.14M
YoY Change 138.28% 149.25% -17.91%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$15.88M -$16.07M -$15.08M
YoY Change 15.15% 6.54% -84.57%
Depreciation, Depletion And Amortization $3.162M $3.635M $3.634M
YoY Change -15.0% 0.03% 18.37%
Cash From Operating Activities -$13.17M -$9.002M -$8.774M
YoY Change 3.19% 2.6% -55.19%
INVESTING ACTIVITIES
Capital Expenditures -$530.0K -$138.0K $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities -$30.07M -$88.23M $0.00
YoY Change -100.0%
Cash From Investing Activities -$30.60M -$88.37M $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 1.564M 33.00K 13.65M
YoY Change -82.5% -99.76% 56.35%
NET CHANGE
Cash From Operating Activities -13.17M -9.002M -8.774M
Cash From Investing Activities -30.60M -88.37M 0.000
Cash From Financing Activities 1.564M 33.00K 13.65M
Net Change In Cash -42.21M -97.34M 4.875M
YoY Change 1002.27% -2096.7% -564.29%
FREE CASH FLOW
Cash From Operating Activities -$13.17M -$9.002M -$8.774M
Capital Expenditures -$530.0K -$138.0K $0.00
Free Cash Flow -$12.64M -$8.864M -$8.774M
YoY Change -0.96% 1.03% -55.64%

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"><b>Use of Estimates</b></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">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 long- term intangible assets, fair value estimates related to contingent consideration, warrant liabilities, stock compensation expense, revenue recognition, accounts receivable reserves, short-term and long-term investments, excess and obsolete inventory reserves, inventory classification between current and non-current, measurement of lease liabilities and corresponding right-of-use (“ROU”) assets, and deferred tax asset valuation allowances.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">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: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"> </p>
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us-gaap Concentration Risk Credit Risk
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<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"><b>Concentrations and Credit Risk</b></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">The Company’s principal financial instruments subject to potential concentration of credit risk are cash and cash equivalents, and investments, including amounts held in money market funds, commercial paper, and corporate bonds. 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. Investments are stated at their estimated fair values, based on quoted market prices for the same or similar instruments. The counterparties to the agreements relating to the Company’s investments consist of various major corporations, financial institutions, and government agencies of high credit standing.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">The Company’s accounts receivable are derived from sales and leases 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> and <em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2021 </em>and <em style="font: inherit;">2020.</em> The Company had <span style="-sec-ix-hidden:c78032151">four</span> customers who constituted 58% of the Company’s net accounts receivable as of <em style="font: inherit;"> September 30, 2021. </em>The Company had <span style="-sec-ix-hidden:c78032153">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:c78032157">one</span> customer who accounted for 61% of revenue in the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> September 30, 2021 </em>and <span style="-sec-ix-hidden:c78032160">nine</span> customers who accounted for 57% of revenue in the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> September 30, 2020. </em>The Company had <span style="-sec-ix-hidden:c78032163">two</span> customers who accounted for 50% of revenue in the <em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2021 </em>and <span style="-sec-ix-hidden:c78032166">nine</span> customers who accounted for 58% of revenue in the <em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2020.</em></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"> </p>
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1700000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1800000 USD
CY2021Q3 asxc Other Income Employer Retention Tax Credit
OtherIncomeEmployerRetentionTaxCredit
1300000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2571000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
814000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5756000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2068000 USD
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
300000 USD
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
200000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
900000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
400000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2700000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3100000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
100000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
100000 USD
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000 USD
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2700000 USD
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
300000 USD
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
200000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
900000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
400000 USD
CY2021Q3 us-gaap Inventory Write Down
InventoryWriteDown
100000 USD
CY2020Q3 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
us-gaap Inventory Write Down
InventoryWriteDown
400000 USD
us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3000000.0 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1900000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6600000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5800000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
59779000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1153000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
57972000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
30142000 USD
CY2021Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
149046000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
4949000 USD
CY2021Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
4949000 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
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
300000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1000000.0 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
500000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1800000 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
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2000000.0 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
200000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2000000.0 USD
CY2021Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2020Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
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CY2021Q3 us-gaap Inventory Finished Goods Net Of Reserves
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11154000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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88167000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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0 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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53000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities
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88114000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities Current
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57972000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities Noncurrent
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30142000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Amortized Cost Basis
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57997000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value
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57972000 USD
CY2021Q3 asxc Debt Securities Availableforsale Amortized Cost Maturity Next One To Two Years
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30170000 USD
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30142000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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88167000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities
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88114000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
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10749000 USD
CY2021Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6763000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
8098000 USD
CY2021Q3 asxc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
17917000 USD
CY2020Q4 asxc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
18847000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
11954000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
10034000 USD
CY2021Q3 us-gaap Inventory Noncurrent
InventoryNoncurrent
5963000 USD
CY2020Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
8813000 USD
CY2021Q3 asxc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
17917000 USD
CY2020Q4 asxc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
18847000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
69238000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
57399000 USD
CY2021Q3 asxc Finite Lived Intangible Assets Foreign Currency Translation Impact
FiniteLivedIntangibleAssetsForeignCurrencyTranslationImpact
981000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12820000 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
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.002 pure
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.030 pure
CY2021Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0.0 USD
CY2020Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0.0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0.0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1400000 USD
CY2021Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
30000.00 USD
CY2020Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0.0 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0.00 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
40000.00 USD
CY2021Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
271000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
983000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
728000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
635000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
635000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
400000 USD
CY2020 us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
300000 USD
asxc Stock Issued During Period Shares Warrants Exercised
StockIssuedDuringPeriodSharesWarrantsExercised
45317101
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
30600000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6256000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9994096
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
53699803
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.078 pure
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.082 pure
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4300000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4600000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
700000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3900000 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
400000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
500000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1300000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1500000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
300000 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
400000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
800000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1100000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1697000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4559000 USD
CY2021Q3 asxc Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
3004000 USD

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