2023 Q3 Form 10-Q Financial Statement

#000095017023039784 Filed on August 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $0.00 $0.00
YoY Change -100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $4.430M $5.433M
YoY Change -10.0% 9.96%
% of Gross Profit
Research & Development $4.901M $6.529M
YoY Change -40.29% -13.56%
% of Gross Profit
Depreciation & Amortization $310.0K $314.0K
YoY Change -42.06% -48.44%
% of Gross Profit
Operating Expenses $14.93M $11.96M
YoY Change 13.72% -4.26%
Operating Profit -$14.93M -$11.96M
YoY Change 13.72% -2.41%
Interest Expense $470.0K $979.0K
YoY Change -45.73% 9.51%
% of Operating Profit
Other Income/Expense, Net -$577.0K -$69.00K
YoY Change 1307.32% 60.47%
Pretax Income -$15.29M -$12.21M
YoY Change 11.54% -7.09%
Income Tax
% Of Pretax Income
Net Earnings -$15.29M -$12.21M
YoY Change 11.53% -7.09%
Net Earnings / Revenue
Basic Earnings Per Share -$1.05 -$0.85
Diluted Earnings Per Share -$1.05 -$0.85
COMMON SHARES
Basic Shares Outstanding 14.60M 14.37M
Diluted Shares Outstanding 14.60M 14.43M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $45.90M $69.09M
YoY Change -53.61% 7.11%
Cash & Equivalents $7.876M $19.12M
Short-Term Investments $38.10M $49.97M
Other Short-Term Assets $3.600M $3.874M
YoY Change -4.86% 16.86%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $49.54M $72.97M
YoY Change -51.78% 7.58%
LONG-TERM ASSETS
Property, Plant & Equipment $5.314M $25.24M
YoY Change -35.21% 190.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.899M
YoY Change
Other Assets $0.00 $901.0K
YoY Change -100.0% 1353.23%
Total Long-Term Assets $19.73M $28.04M
YoY Change -41.39% -5.81%
TOTAL ASSETS
Total Short-Term Assets $49.54M $72.97M
Total Long-Term Assets $19.73M $28.04M
Total Assets $69.27M $101.0M
YoY Change -49.21% 3.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.149M $1.449M
YoY Change -52.99% 0.84%
Accrued Expenses $5.258M $7.069M
YoY Change 14.48% 53.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $13.70M
YoY Change -100.0% 93.37%
Total Short-Term Liabilities $8.633M $22.22M
YoY Change -48.53% 35.34%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $4.082M
YoY Change -100.0% -67.78%
Other Long-Term Liabilities $24.40M $25.30M
YoY Change
Total Long-Term Liabilities $0.00 $29.38M
YoY Change -100.0% 131.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.633M $22.22M
Total Long-Term Liabilities $0.00 $29.38M
Total Liabilities $33.06M $51.60M
YoY Change -42.82% -10.51%
SHAREHOLDERS EQUITY
Retained Earnings -$498.3M -$483.0M
YoY Change 11.78% 11.78%
Common Stock $534.6M $532.6M
YoY Change 1.9% 12.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.21M $49.41M
YoY Change
Total Liabilities & Shareholders Equity $69.27M $101.0M
YoY Change -49.21% 3.5%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income -$15.29M -$12.21M
YoY Change 11.53% -7.09%
Depreciation, Depletion And Amortization $310.0K $314.0K
YoY Change -42.06% -48.44%
Cash From Operating Activities -$7.110M -$11.08M
YoY Change -34.51% -25.29%
INVESTING ACTIVITIES
Capital Expenditures $10.00K $0.00
YoY Change -120.83% -100.0%
Acquisitions
YoY Change
Other Investing Activities $14.26M $9.854M
YoY Change -139.41% -44.34%
Cash From Investing Activities $14.25M $9.854M
YoY Change -139.33% -44.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.38M -2.625M
YoY Change -136.6% -2002.17%
NET CHANGE
Cash From Operating Activities -7.110M -11.08M
Cash From Investing Activities 14.25M 9.854M
Cash From Financing Activities -18.38M -2.625M
Net Change In Cash -11.24M -3.854M
YoY Change -458.65% -228.64%
FREE CASH FLOW
Cash From Operating Activities -$7.110M -$11.08M
Capital Expenditures $10.00K $0.00
Free Cash Flow -$7.120M -$11.08M
YoY Change -34.12% -25.24%

Facts In Submission

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us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
53000000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
163000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
31132000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3234000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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ubx Proceeds From Issuance Of Common Stock Under Employee Stock Purchase Plan
ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan
91000
ubx Proceeds From Issuance Of Common Stock Under Employee Stock Purchase Plan
ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2351000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4468000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20888000
us-gaap Interest Paid Net
InterestPaidNet
1362000
us-gaap Interest Paid Net
InterestPaidNet
1014000
ubx Issuance Of Common Stock In Payment Of Debt
IssuanceOfCommonStockInPaymentOfDebt
0
ubx Issuance Of Common Stock In Payment Of Debt
IssuanceOfCommonStockInPaymentOfDebt
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CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q2 us-gaap Restricted Cash
RestrictedCash
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CY2022Q2 us-gaap Restricted Cash
RestrictedCash
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20014000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20888000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
0
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
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CY2023Q2 ubx Cash Cash Equivalents And Marketable Securities
CashCashEquivalentsAndMarketableSecurities
71000000.0
ubx Substantial Doubt About Going Concern Percentage Of Reduction In Force
SubstantialDoubtAboutGoingConcernPercentageOfReductionInForce
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us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:-1.764%;padding-left:1.733%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:12.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The condensed financial statements have been prepared in accordance with GAAP, which requires management to make estimates and assumptions that affect the amounts and disclosures reported in the condensed financial statements and accompanying notes. The Company bases its estimates on historical experience and market-specific or other relevant assumptions that it believes are reasonable under the circumstances. The amounts of assets and liabilities reported in the Company’s condensed balance sheets and the amount of expenses and income reported for each of the periods presented are affected by estimates and assumptions, which are used for, but are not limited to, determining the fair value of assets and liabilities, the fair value of right-of-use assets and lease liabilities, and stock-based compensation. Actual results could differ from such estimates or assumptions.</span></p>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
67741000
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
136000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
67605000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
87394000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
7000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
259000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
87142000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2022 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2023Q2 ubx Prepaid Research And Development Expenses
PrepaidResearchAndDevelopmentExpenses
58000
CY2022Q4 ubx Prepaid Research And Development Expenses
PrepaidResearchAndDevelopmentExpenses
378000
CY2023Q2 us-gaap Prepaid Rent
PrepaidRent
504000
CY2022Q4 us-gaap Prepaid Rent
PrepaidRent
0
CY2023Q2 us-gaap Prepaid Insurance
PrepaidInsurance
1199000
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
710000
CY2023Q2 ubx Tax Credit Receivable Current
TaxCreditReceivableCurrent
1493000
CY2022Q4 ubx Tax Credit Receivable Current
TaxCreditReceivableCurrent
0
CY2023Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
250000
CY2022Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
235000
CY2023Q2 ubx Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
370000
CY2022Q4 ubx Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
417000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3874000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1740000
CY2023Q2 ubx Employee Retention Credit Receivable
EmployeeRetentionCreditReceivable
1500000
CY2022Q2 ubx Employee Retention Credit Receivable
EmployeeRetentionCreditReceivable
0
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
930000
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1073000
us-gaap Operating Lease Cost
OperatingLeaseCost
1860000
us-gaap Operating Lease Cost
OperatingLeaseCost
2151000
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
140000
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
411000
us-gaap Variable Lease Cost
VariableLeaseCost
343000
us-gaap Variable Lease Cost
VariableLeaseCost
707000
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
965000
CY2022Q2 us-gaap Sublease Income
SubleaseIncome
966000
us-gaap Sublease Income
SubleaseIncome
1928000
us-gaap Sublease Income
SubleaseIncome
2014000
CY2023Q2 us-gaap Lease Cost
LeaseCost
105000
CY2022Q2 us-gaap Lease Cost
LeaseCost
518000
us-gaap Lease Cost
LeaseCost
275000
us-gaap Lease Cost
LeaseCost
844000
us-gaap Operating Lease Payments
OperatingLeasePayments
2399000
us-gaap Operating Lease Payments
OperatingLeasePayments
3416000
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y6M
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y4M24D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.060
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.060
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2411000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4964000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5123000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5287000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5457000
CY2023Q2 ubx Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
11435000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
34677000
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6106000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
28571000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3274000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25297000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
6825000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
9941000
CY2023Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
16766000
CY2023Q2 ubx Term Fee Due At Maturity Amount
TermFeeDueAtMaturityAmount
1563000
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
18329000
CY2023Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
543000
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
17786000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
13704000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4082000
CY2023Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000
CY2022Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000
CY2023Q2 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0
CY2023Q2 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0
CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14595477
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14595477
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14215302
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14215302
CY2022Q1 ubx Sale Of Equity Financing Authorized Amount
SaleOfEquityFinancingAuthorizedAmount
125000000.0
CY2022Q4 ubx Sale Of Equity Financing Authorized Amount
SaleOfEquityFinancingAuthorizedAmount
250000000.0
CY2023Q2 ubx Restructuring And Related Activities Initiation
RestructuringAndRelatedActivitiesInitiation
2023-05-04
CY2023Q2 ubx Restructuring And Related Cost Expected Number Of Employees Eliminated
RestructuringAndRelatedCostExpectedNumberOfEmployeesEliminated
9
CY2023Q2 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
0.29
CY2023Q2 ubx Restructuring And Related Cost Expected Number Of Employees Eliminated
RestructuringAndRelatedCostExpectedNumberOfEmployeesEliminated
3
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1609938
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.51
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
421000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.85
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
24394
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
13.63
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2006544
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.90
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2361000
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2250000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4631000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4910000
CY2023Q2 us-gaap Restructuring And Related Activities Initiation Date
RestructuringAndRelatedActivitiesInitiationDate
2023-05-04
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-12205000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-13137000
us-gaap Net Income Loss
NetIncomeLoss
-23070000
us-gaap Net Income Loss
NetIncomeLoss
-32052000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14425775
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14425775
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6924782
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6924782
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14369643
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14369643
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6839293
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6839293
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.85
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.85
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.90
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.90
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.61
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.69
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.69
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8549186
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1135397

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