2019 Q4 Form 10-Q Financial Statement
#000086389420000003 Filed on February 12, 2020
Income Statement
| Concept | 2019 Q4 | 2018 Q4 |
|---|---|---|
| Revenue | $10.58M | $6.372M |
| YoY Change | 66.01% | 146.34% |
| Cost Of Revenue | $3.309M | $1.728M |
| YoY Change | 91.52% | 35.72% |
| Gross Profit | $7.269M | $4.644M |
| YoY Change | 56.52% | 253.53% |
| Gross Profit Margin | 68.72% | 72.88% |
| Selling, General & Admin | $3.754M | $3.294M |
| YoY Change | 13.95% | 8.79% |
| % of Gross Profit | 51.64% | 70.93% |
| Research & Development | $5.300M | $2.362M |
| YoY Change | 124.4% | 20.6% |
| % of Gross Profit | 72.91% | 50.86% |
| Depreciation & Amortization | $120.0K | $42.55K |
| YoY Change | 181.99% | -3.79% |
| % of Gross Profit | 1.65% | 0.92% |
| Operating Expenses | $9.053M | $5.656M |
| YoY Change | 60.07% | -35.36% |
| Operating Profit | -$1.784M | -$1.012M |
| YoY Change | 76.37% | -86.4% |
| Interest Expense | $1.141M | $1.278M |
| YoY Change | -10.72% | -1926.32% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$1.597M | -$1.045M |
| YoY Change | 52.93% | 1467.86% |
| Pretax Income | -$3.382M | -$2.056M |
| YoY Change | 64.46% | -72.59% |
| Income Tax | -$76.74K | $92.50K |
| % Of Pretax Income | ||
| Net Earnings | -$3.305M | -$2.149M |
| YoY Change | 53.81% | -49.52% |
| Net Earnings / Revenue | -31.24% | -33.72% |
| Basic Earnings Per Share | -$0.05 | |
| Diluted Earnings Per Share | -$0.05 | -$34.37K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 65.04M | 62.62M |
| Diluted Shares Outstanding | 65.04M |
Balance Sheet
| Concept | 2019 Q4 | 2018 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.200M | $9.000M |
| YoY Change | -53.33% | 150.0% |
| Cash & Equivalents | $4.175M | $8.979M |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.100M | $1.200M |
| YoY Change | 75.0% | 100.0% |
| Inventory | $4.595M | $2.698M |
| Prepaid Expenses | ||
| Receivables | $5.970M | $2.500M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $16.82M | $15.40M |
| YoY Change | 9.19% | 49.51% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $336.2K | $362.0K |
| YoY Change | -7.13% | -27.6% |
| Goodwill | $6.879M | |
| YoY Change | ||
| Intangibles | $20.09M | $20.40M |
| YoY Change | -1.52% | |
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $675.9K | $9.300M |
| YoY Change | -92.73% | -26.77% |
| Total Long-Term Assets | $37.72M | $36.90M |
| YoY Change | 2.22% | -9.34% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $16.82M | $15.40M |
| Total Long-Term Assets | $37.72M | $36.90M |
| Total Assets | $54.54M | $52.30M |
| YoY Change | 4.28% | 2.55% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $3.800M | $2.100M |
| YoY Change | 80.95% | -16.0% |
| Accrued Expenses | $6.500M | $2.600M |
| YoY Change | 150.0% | -3.7% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $6.600M | $4.900M |
| YoY Change | 34.69% | |
| Total Short-Term Liabilities | $16.90M | $9.742M |
| YoY Change | 73.47% | 57.13% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $6.700M | $1.703M |
| YoY Change | 293.52% | |
| Other Long-Term Liabilities | $35.91K | $30.00K |
| YoY Change | 19.69% | -70.0% |
| Total Long-Term Liabilities | $35.91K | $1.733M |
| YoY Change | -97.93% | 1632.58% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $16.90M | $9.742M |
| Total Long-Term Liabilities | $35.91K | $1.733M |
| Total Liabilities | $24.90M | $15.45M |
| YoY Change | 61.13% | 145.29% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$73.52M | |
| YoY Change | ||
| Common Stock | $672.2K | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $7.807M | |
| YoY Change | ||
| Treasury Stock Shares | $2.184M | $2.184M |
| Shareholders Equity | $29.64M | $36.88M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $54.50M | $52.33M |
| YoY Change | 4.14% | 2.62% |
Cashflow Statement
| Concept | 2019 Q4 | 2018 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$3.305M | -$2.149M |
| YoY Change | 53.81% | -49.52% |
| Depreciation, Depletion And Amortization | $120.0K | $42.55K |
| YoY Change | 181.99% | -3.79% |
| Cash From Operating Activities | -$2.511M | -$1.506M |
| YoY Change | 66.65% | -607.81% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $21.81K | $0.00 |
| YoY Change | -100.0% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$21.81K | $0.00 |
| YoY Change | -100.0% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $9.285M | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 412.1K | 6.726M |
| YoY Change | -93.87% | |
| NET CHANGE | ||
| Cash From Operating Activities | -2.511M | -1.506M |
| Cash From Investing Activities | -21.81K | 0.000 |
| Cash From Financing Activities | 412.1K | 6.726M |
| Net Change In Cash | -2.120M | 5.220M |
| YoY Change | -140.62% | 1670.89% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$2.511M | -$1.506M |
| Capital Expenditures | $21.81K | $0.00 |
| Free Cash Flow | -$2.532M | -$1.506M |
| YoY Change | 68.09% | -611.11% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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Amortization Of Financing Costs And Discounts
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|
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Assets Current
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Amendment Flag
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false | |
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Current Fiscal Year End Date
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--09-30 | |
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|
Q1 | |
| CY2019Q4 | dei |
Document Fiscal Year Focus
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|
2020 | |
| CY2019Q4 | dei |
Document Period End Date
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|
2019-12-31 | |
| CY2019Q4 | dei |
Document Type
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|
10-Q | |
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Entity Interactive Data Current
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|
Yes | |
| CY2019Q4 | dei |
Entity Registrant Name
EntityRegistrantName
|
VERU INC. | |
| CY2019Q4 | dei |
Entity Shell Company
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false | |
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Entity Small Business
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|
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Security12b Title
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|
Common Stock, $0.01 par value per share | |
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Security Exchange Name
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|
NASDAQ | |
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Trading Symbol
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|
VERU | |
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5970163 | |
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Accounts Receivable Net Current
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5970163 | |
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92351 | |
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Allowance For Doubtful Accounts Receivable Current
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33143 | |
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Allowance For Doubtful Accounts Receivable Period Increase Decrease
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0 | |
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0 | |
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Basis Of Accounting
BasisOfAccounting
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<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">Note 1 – Basis of Presentation</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The accompanying unaudited interim condensed consolidated financial statements for Veru Inc. (“we,” “our,” “us,” “Veru” or the “Company”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for reporting of interim financial information. Pursuant to these rules and regulations, certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted, although the Company believes that the disclosures made are adequate to make the information not misleading. Accordingly, these statements do not include all the disclosures normally required by U.S. GAAP for annual financial statements and should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in this report and the audited financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended </font><font style="display: inline;">September 30, 201</font><font style="display: inline;">9. The accompanying condensed consolidated balance sheet as of </font><font style="display: inline;">September 30, 201</font><font style="display: inline;">9 has been derived from our audited financial statements. The unaudited condensed consolidated statements of operations for the three months ended December 31, 2019 and cash flows for the </font><font style="display: inline;">three months ended December 31, 2019</font><font style="display: inline;"> are not necessarily indicative of the results to be expected for any future period or for the fiscal year ending </font><font style="display: inline;">September 30, 20</font><font style="display: inline;">20. </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The preparation of our unaudited interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">In the opinion of management, the accompanying unaudited interim condensed consolidated financial statements contain all adjustments (consisting of only normally recurring adjustments) necessary to present fairly the financial position and results of operations as of the dates and for the periods presented.</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Principles of consolidation and nature of operations</font><font style="display: inline;">: Veru Inc. is </font><font style="display: inline;color:#000000;">referred to in these notes collectively with its subsidiaries as “we,” “our,” “us,” “Veru” or the “Company.” </font><font style="display: inline;">The consolidated financial statements include the accounts of Veru and its wholly owned subsidiaries, Aspen Park Pharmaceuticals, Inc. (“APP”) and The Female Health Company Limited, and The Female Health Company Limited’s wholly owned subsidiary, The Female Health Company (UK) plc (The Female Health Company Limited and The Female Health Company (UK) plc, collectively, the “U.K. subsidiary”), and The Female Health Company (UK) plc’s wholly owned subsidiary, The Female Health Company (M) SDN.BHD (the “Malaysia subsidiary”). All significant intercompany transactions and accounts have been eliminated in consolidation. Prior to the completion of the October 31, 2016 acquisition (the “APP Acquisition”) of APP through the merger of a wholly owned subsidiary of the Company into APP, the Company had been a single product company engaged in marketing, manufacturing and distributing a consumer healthcare product, the FC2 </font><font style="display: inline;">Female Condom/FC2 Internal Condom® (“FC2”)</font><font style="display: inline;">. The completion of the APP Acquisition transitioned the Company into a biopharmaceutical company </font><font style="display: inline;">focused on oncology and urology</font><font style="display: inline;"> with multiple drug products under clinical development. Most of the Company’s net revenues during the three months ended December 31, 2019 and 2018 were derived from sales of FC2. </font> </p> <p style="margin:0pt;font-family:Arial Narrow;font-size: 10pt"> <font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Reclassifications</font><font style="display: inline;">: </font><font style="display: inline;">Certain prior period amounts on the accompanying unaudited interim condensed consolidated financial statements have been reclassified to conform with the current period presentation. </font><font style="display: inline;">These reclassifications had no effect on </font><font style="display: inline;color:#000000;">the results of operations or financial position for any period presented.</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Leases:</font><font style="display: inline;"> Leases are classified as either operating or finance leases at inception. A right-of-use (“ROU”) asset and corresponding lease liability are established at an amount equal to the present value of fixed lease payments over the lease term at the commencement date. The ROU asset includes any initial direct costs incurred and lease payments made at or before the commencement date and is reduced by lease incentive payments. The Company has elected not to separate the lease and nonlease components for all classes of underlying assets. The Company uses its incremental borrowing rate as the discount rate to determine the present value of the lease payments for leases that do not have a readily determinable implicit discount rate. The incremental borrowing rate is the rate of interest that the Company would be charged to borrow on a collateralized basis over a similar term and amount in a similar economic environment. The Company determines the incremental borrowing rates for its leases by adjusting the risk-free interest rate with a credit risk premium corresponding to the Company’s credit rating. </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Operating lease costs are recognized for fixed lease payments on a straight-line basis over the term of the lease. Finance lease costs are a combination of the amortization expense for the ROU asset and interest expense for the outstanding lease liability using the applicable discount rate. Variable lease payments are recognized when incurred based on occurrence or usage. Short-term leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for short-term leases on a straight-line basis over the lease term.</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Arial Narrow;font-size: 10pt"> <font style="display: inline;font-family:Times New Roman;font-size:10pt;text-decoration:underline;">Other comprehensive loss</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">: Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net loss. Although certain changes in assets and liabilities, such as foreign currency translation adjustments, are reported as a separate component of the equity section of the accompanying unaudited condensed consolidated balance sheets, these items, along with net loss, are components of other comprehensive loss. For the three months ended December 31, 2019 and 2018, comprehensive loss is equivalent to the reported net loss.</font><font style="display: inline;font-family:Times New Roman;color:#000000;font-size:10pt;"> </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Recently Issued Accounting Pronouncements</font><font style="display: inline;">: </font><font style="display: inline;">In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016</font><font style="display: inline;">‑02, </font><font style="display: inline;font-style:italic;">Leases (Topic 842)</font><font style="display: inline;">, </font><font style="display: inline;color:#000000;">which requires that lessees recognize an ROU asset and a lease liability for all leases with lease terms greater than twelve months in the balance sheet. ASU 2016-02 distinguishes leases as either a finance lease or an operating lease, which affects how the leases are measured and presented in the statement of operations and statement of cash flows, and requires disclosure of</font><font style="display: inline;"> key information about leasing arrangements. </font><font style="display: inline;color:#000000;">A modified retrospective transition approach is required upon adoption.</font><font style="display: inline;"> I</font><font style="display: inline;color:#000000;">n July 2018, the FASB issued ASU No. 2018</font><font style="display: inline;color:#000000;">‑10, </font><font style="display: inline;font-style:italic;color:#000000;">Codification Improvements to Topic 842, Leases</font><font style="display: inline;color:#000000;"> to clarify the implementation guidance and ASU No. 2018</font><font style="display: inline;color:#000000;">‑11, </font><font style="display: inline;font-style:italic;color:#000000;">Leases (Topic 842) Targeted Improvements</font><font style="display: inline;color:#000000;">. This updated guidance provides an optional transition method, which allows for the initial application of the new accounting standard at the adoption date and the recognition of a cumulative-effect adjustment to the opening balance of retained earnings as of the beginning of the period of adoption. </font><font style="display: inline;">I</font><font style="display: inline;color:#000000;">n December 2018, the FASB issued ASU 2018-20, </font><font style="display: inline;font-style:italic;color:#000000;">Leases (Topic 842): Narrow-Scope Improvements for Lessors</font><font style="display: inline;color:#000000;"> to address certain implementation issues facing lessors when adopting ASU 2016</font><font style="display: inline;color:#000000;">‑02. </font><font style="display: inline;">I</font><font style="display: inline;color:#000000;">n March 2019, the FASB issued ASU 2019</font><font style="display: inline;color:#000000;">‑01, </font><font style="display: inline;font-style:italic;color:#000000;">Leases (Topic 842): Codification Improvements</font><font style="display: inline;color:#000000;"> to address, among other things, certain transition disclosure requirements subsequent to the adoption of ASU 2016</font><font style="display: inline;color:#000000;">‑02. </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">The Company adopted the new lease accounting standard using the modified retrospective approach </font><font style="display: inline;">on October 1, 2019 and elected certain </font><font style="display: inline;color:#000000;">practical expedients, including the optional transition method that allows for the application of the new standard at its adoption date with no restatement of prior period amounts</font><font style="display: inline;">. We elected the package of practical expedients permitted under the transition guidance, which allowed us to not reassess our prior conclusions about lease identification, lease classification, and initial direct costs. </font><font style="display: inline;color:#000000;">Adoption of the new standard resulted in the recording of ROU assets and lease liabilities of approximately </font><font style="display: inline;color:#000000;">$1.2</font><font style="display: inline;color:#000000;"> million and </font><font style="display: inline;color:#000000;">$1.5</font><font style="display: inline;color:#000000;"> million, respectively, and the derecognition of prepaid expenses and operating lease deferred rent liabilities of </font><font style="display: inline;color:#000000;">$23,000</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">$247,000</font><font style="display: inline;color:#000000;">, respectively, as of October 1, 2019 with </font><font style="display: inline;color:#000000;">zero</font><font style="display: inline;color:#000000;"> cumulative-effect adjustment to retained earnings. The new standard did not materially impact our consolidated statement of operations or cash flows</font><font style="display: inline;">.</font> </p> <p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">In June 2018, the FASB issued ASU 2018</font><font style="display: inline;color:#000000;">‑07, </font><font style="display: inline;font-style:italic;color:#000000;">Compensation - Stock Compensation </font><font style="display: inline;font-style:italic;color:#000000;">(Topic 718)</font><font style="display: inline;font-style:italic;color:#000000;">: Improvements to Nonemployee Share-Based Payment Accounting</font><font style="display: inline;color:#000000;">. The purpose of ASU 2018-07 is to expand the scope of </font><font style="display: inline;font-style:italic;color:#000000;">Topic 718, Compensation—Stock Compensation</font><font style="display: inline;color:#000000;"> (which currently only includes share-based payments to employees) to include share-based payments issued to nonemployees for goods or services. Consequently, the accounting for share-based payments to nonemployees and employees will be substantially aligned. The Company has issued share-based payments to nonemployees in the past but is not able to predict the amount of future share-based payments to nonemployees, if any. We adopted ASU 2018-07 effective October 1, 2019. The adoption of ASU 2018</font><font style="display: inline;color:#000000;">‑07 did not have a material impact on our consolidated financial statements and related disclosures.</font> </p> <p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">In December 2019, the FASB issued ASU 2019-12, </font><font style="display: inline;font-style:italic;color:#000000;">Income Taxes (Topic 740). Simplifying the Accounting for Income Taxes</font><font style="display: inline;color:#000000;">. The new guidance eliminates certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period, and the recognition of deferred tax liabilities for outside basis differences. It also clarifies and simplifies other aspects of the accounting for income taxes. ASU 2019-12 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early adoption is permitted. The adoption of ASU 2019-12 is not expected to have a material effect on our consolidated financial statements and related disclosures.</font> </p> <p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"> </font> </p> <p><font size="1"> </font></p> </div> </div> | |
| CY2019Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
5021057 | |
| CY2019Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-581519 | |
| CY2019Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-581519 | |
| CY2019Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
110268057 | |
| CY2019Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
110882547 | |
| CY2019Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
614498 | |
| CY2018Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
77309 | |
| CY2019Q3 | us-gaap |
Assets Current
AssetsCurrent
|
16806912 | |
| CY2019Q3 | us-gaap |
Capital Leased Assets Gross
CapitalLeasedAssetsGross
|
43000 | |
| CY2019Q3 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
42000 | |
| CY2019Q3 | us-gaap |
Assets
Assets
|
53628770 | |
| CY2019Q4 | us-gaap |
Assets
Assets
|
54536398 | |
| CY2019Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
0 | |
| CY2019Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
259917 | |
| CY2019Q3 | us-gaap |
Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
|
1597197 | |
| CY2019Q4 | us-gaap |
Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
|
1340971 | |
| CY2019Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
22540904 | |
| CY2019Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2019Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2019Q4 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-152610 | |
| CY2019Q3 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
296605 | |
| CY2019Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
296605 | |
| CY2019Q3 | us-gaap |
Deferred Revenue
DeferredRevenue
|
0 | |
| CY2019Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
672220 | |
| CY2019Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
672228 | |
| CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3759509 | |
| CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
8979183 | |
| CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
6295152 | |
| CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4174957 | |
| CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
5219674 | |
| CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2120195 | |
| CY2019Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
77000000 | |
| CY2019Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
154000000 | |
| CY2019Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
154000000 | |
| CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
154000000 | |
| CY2019Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
67221951 | |
| CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
67222818 | |
| CY2019Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
65038247 | |
| CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
65039114 | |
| CY2019Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
249000 | |
| CY2019Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
91000 | |
| CY2018Q4 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
187000 | |
| CY2019Q4 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
210000 | |
| CY2018Q4 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1727729 | |
| CY2019Q4 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
3308921 | |
| CY2019Q3 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
8433669 | |
| CY2019Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
8586279 | |
| CY2018Q4 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
48144 | |
| CY2019Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
12710695 | |
| CY2019Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
8971569 | |
| CY2019Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
10486476 | |
| CY2019Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
1689536 | |
| CY2019Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
804378 | |
| CY2019Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
9830209 | |
| CY2019Q3 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
65993 | |
| CY2018Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.03 | |
| CY2019Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
| CY2019Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
| CY2018Q4 | us-gaap |
Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
|
0 | |
| CY2019Q4 | us-gaap |
Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
|
0 | |
| CY2018Q4 | us-gaap |
Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
|
0 | |
| CY2019Q4 | us-gaap |
Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
|
0 | |
| CY2018Q4 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
58810 | |
| CY2018Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1485536 | |
| CY2018Q4 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-655479 | |
| CY2019Q4 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-245398 | |
| CY2018Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
418522 | |
| CY2019Q4 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-710188 | |
| CY2018Q4 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-19419 | |
| CY2019Q4 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
2730 | |
| CY2019Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3381844 | |
| CY2018Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
92498 | |
| CY2019Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-76743 | |
| CY2018Q4 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
623130 | |
| CY2019Q4 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
592710 | |
| CY2018Q4 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-8357 | |
| CY2019Q4 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
42554 | |
| CY2018Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
|
0 | |
| CY2019Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
|
0 | |
| CY2018Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-225000 | |
| CY2019Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
394000 | |
| CY2018Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
2426000 | |
| CY2018Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
2201000 | |
| CY2019Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
3625000 | |
| CY2019Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
4019000 | |
| CY2019Q4 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
1480 | |
| CY2019Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
41011 | |
| CY2019Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
20000 | |
| CY2019Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
21000 | |
| CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
47887 | |
| CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
9496 | |
| CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
22199 | |
| CY2019Q4 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
16192 | |
| CY2019Q4 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
6876 | |
| CY2019Q4 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
1300 | |
| CY2019Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
41000 | |
| CY2019Q4 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
2178 | |
| CY2019Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.1386 | |
| CY2019Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y2M12D | |
| CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
731505 | |
| CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
810597 | |
| CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2900000 | |
| CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2900000 | |
| CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2168495 | |
| CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2089403 | |
| CY2018Q4 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-17544 | |
| CY2019Q4 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-70009 | |
| CY2018Q4 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
225000 | |
| CY2019Q4 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
-394000 | |
| CY2018Q4 | us-gaap |
Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
|
0 | |
| CY2019Q4 | us-gaap |
Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
|
0 | |
| CY2018Q4 | us-gaap |
Gross Profit
GrossProfit
|
4644080 | |
| CY2019Q4 | us-gaap |
Gross Profit
GrossProfit
|
7269095 | |
| CY2018Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2056300 | |
| CY2018Q4 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-431823 | |
| CY2018Q4 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-102342 | |
| CY2019Q4 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-55000 | |
| CY2018Q4 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1231443 | |
| CY2019Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
6547339 | |
| CY2019Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1436888 | |
| CY2019Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
675910 | |
| CY2019Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
2126387 | |
| CY2018Q4 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-1278423 | |
| CY2019Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
14019975 | |
| CY2019Q3 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
5385649 | |
| CY2019Q3 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
2886382 | |
| CY2019Q4 | us-gaap |
Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
|
10000000 | |
| CY2019Q4 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
703123 | |
| CY2019Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
642764 | |
| CY2018Q4 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-138064 | |
| CY2018Q4 | us-gaap |
Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
225000 | |
| CY2019Q4 | us-gaap |
Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
-394000 | |
| CY2019Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1099906 | |
| CY2019Q4 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
209177 | |
| CY2019Q3 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
20900000 | |
| CY2019Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
20900000 | |
| CY2019Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
20168495 | |
| CY2019Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
20089403 | |
| CY2018Q4 | us-gaap |
Interest Expense
InterestExpense
|
1278423 | |
| CY2019Q4 | us-gaap |
Interest Expense
InterestExpense
|
1141425 | |
| CY2019Q4 | us-gaap |
Inventory Net
InventoryNet
|
4595390 | |
| CY2018Q4 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
22245 | |
| CY2019Q4 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
151922 | |
| CY2019Q4 | us-gaap |
Lease Cost
LeaseCost
|
126716 | |
| CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1818640 | |
| CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
171466 | |
| CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
199093 | |
| CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
302921 | |
| CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
357718 | |
| CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
438725 | |
| CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
348717 | |
| CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
418181 | |
| CY2018Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6726155 | |
| CY2019Q4 | veru |
Accrued Research And Development Costs Current
AccruedResearchAndDevelopmentCostsCurrent
|
2636054 | |
| CY2019Q4 | veru |
Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
|
-53284 | |
| CY2019Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
412114 | |
| CY2019Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-21807 | |
| CY2018Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1506481 | |
| CY2019Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2510502 | |
| CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2148798 | |
| CY2019Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3305101 | |
| CY2018Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1044573 | |
| CY2019Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1597451 | |
| CY2019Q4 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | |
| CY2018Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
5655807 | |
| CY2019Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
9053488 | |
| CY2018Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1011727 | |
| CY2019Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1784393 | |
| CY2019Q4 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
132574 | |
| CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1400459 | |
| CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
430081 | |
| CY2019Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
970378 | |
| CY2019Q4 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
114000 | |
| CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1153779 | |
| CY2019Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1365940 | |
| CY2019Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
469002 | |
| CY2019Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
|
786754 | |
| CY2019Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
11238 | |
| CY2019Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
114493 | |
| CY2019Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
337456 | |
| CY2019Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
433751 | |
| CY2019Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1204 | |
| CY2019Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y6M | |
| CY2019Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
988867 | |
| CY2019Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
247154 | |
| CY2019Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
35907 | |
| CY2019Q4 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-1141425 | |
| CY2018Q4 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
26394 | |
| CY2019Q4 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
7983 | |
| CY2018Q4 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1832 | |
| CY2018Q4 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
114568 | |
| CY2019Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21807 | |
| CY2019Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
| CY2019Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
| CY2019Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2019Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2019Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2019Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2019Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2075414 | |
| CY2019Q4 | veru |
Operating Lease Right Of Use Assets Non Cash Change
OperatingLeaseRightOfUseAssetsNonCashChange
|
76147 | |
| CY2019Q3 | veru |
Residual Royalty Agreement Noncurrent
ResidualRoyaltyAgreementNoncurrent
|
3845518 | |
| CY2019Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1843297 | |
| CY2019Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-70219017 | |
| CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-73524118 | |
| CY2019Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
7806605 | |
| CY2019Q4 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Reclassifications</font><font style="display: inline;">: </font><font style="display: inline;">Certain prior period amounts on the accompanying unaudited interim condensed consolidated financial statements have been reclassified to conform with the current period presentation. </font><font style="display: inline;">These reclassifications had no effect on </font><font style="display: inline;color:#000000;">the results of operations or financial position for any period presented.</font> </p> <p><font size="1"> </font></p> </div> </div> | |
| CY2018Q4 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
9400000 | |
| CY2019Q4 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
836780 | |
| CY2019Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3810761 | |
| CY2019Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3832568 | |
| CY2019Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
351895 | |
| CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
336171 | |
| CY2018Q4 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
2559277 | |
| CY2019Q4 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
423366 | |
| CY2018Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2361823 | |
| CY2019Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5299974 | |
| CY2018Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6371809 | |
| CY2019Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
10578016 | |
| CY2018Q4 | us-gaap |
Revenues
Revenues
|
6371809 | |
| CY2019Q4 | us-gaap |
Revenues
Revenues
|
10578016 | |
| CY2019Q4 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1229926 | |
| CY2019Q4 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
1863 | |
| CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29481418 | |
| CY2018Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3293984 | |
| CY2019Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3753514 | |
| CY2018Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
417256 | |
| CY2019Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
614498 | |
| CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
36881843 | |
| CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
32333136 | |
| CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29642533 | |
| CY2018Q4 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | |
| CY2018Q4 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9131967 | |
| CY2019 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9100000 | |
| CY2018Q4 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
417256 | |
| CY2019Q4 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
614498 | |
| CY2019Q4 | us-gaap |
Sublease Income
SubleaseIncome
|
44844 | |
| CY2019Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
2183704 | |
| CY2019Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
2183704 | |
| CY2019Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
7806605 | |
| CY2019Q4 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
33465 | |
| CY2018Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
62553791 | |
| CY2019Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
65038511 | |
| CY2019Q3 | veru |
Accrued Research And Development Costs Current
AccruedResearchAndDevelopmentCostsCurrent
|
2475490 | |
| CY2019Q3 | veru |
Allowance For Sales And Payment Term Discounts
AllowanceForSalesAndPaymentTermDiscounts
|
49623 | |
| CY2019Q4 | veru |
Allowance For Sales And Payment Term Discounts
AllowanceForSalesAndPaymentTermDiscounts
|
61102 | |
| CY2019Q3 | veru |
Deferred Tax Assets Foreign Capital Allowance
DeferredTaxAssetsForeignCapitalAllowance
|
103400 | |
| CY2019Q3 | veru |
Deferred Tax Liabilities Developed Technology
DeferredTaxLiabilitiesDevelopedTechnology
|
424657 | |
| CY2019Q3 | veru |
Deferred Tax Liabilities In Process R And D
DeferredTaxLiabilitiesInProcessRAndD
|
4072740 | |
| CY2018Q4 | veru |
Depreciation And Other Amortization
DepreciationAndOtherAmortization
|
42554 | |
| CY2019Q4 | veru |
Depreciation And Other Amortization
DepreciationAndOtherAmortization
|
37531 | |
| CY2018Q4 | veru |
Income Tax Reconciliation Effect Of Deemed Dividend And Repatriation Tax
IncomeTaxReconciliationEffectOfDeemedDividendAndRepatriationTax
|
31309 | |
| CY2019Q4 | veru |
Income Tax Reconciliation Effect Of Deemed Dividend And Repatriation Tax
IncomeTaxReconciliationEffectOfDeemedDividendAndRepatriationTax
|
50451 | |
| CY2019Q4 | veru |
Lessee Sublease Future Minimum Payments Due
LesseeSubleaseFutureMinimumPaymentsDue
|
738418 | |
| CY2019Q4 | veru |
Lessee Sublease Future Minimum Payments Due Remainder Of Fiscal Year
LesseeSubleaseFutureMinimumPaymentsDueRemainderOfFiscalYear
|
145417 | |
| CY2019Q4 | veru |
Lessee Sublease Future Minimum Payments Due Year Four
LesseeSubleaseFutureMinimumPaymentsDueYearFour
|
190749 | |
| CY2019Q4 | veru |
Lessee Sublease Future Minimum Payments Due Year Three
LesseeSubleaseFutureMinimumPaymentsDueYearThree
|
203584 | |
| CY2019Q4 | veru |
Lessee Sublease Future Minimum Payments Due Year Two
LesseeSubleaseFutureMinimumPaymentsDueYearTwo
|
198668 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due Current
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueCurrent
|
193753 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due Year Four
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueYearFour
|
190749 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due Year Three
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueYearThree
|
203584 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due Year Two
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueYearTwo
|
198668 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Net Of Sublease Income
OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseIncome
|
579186 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Net Of Sublease Income Current
OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseIncomeCurrent
|
275249 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Net Of Sublease Income Year Five
OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseIncomeYearFive
|
11238 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Net Of Sublease Income Year Four
OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseIncomeYearFour
|
-76256 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Net Of Sublease Income Year Three
OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseIncomeYearThree
|
133872 | |
| CY2019Q3 | veru |
Operating Leases Future Minimum Payments Due Net Of Sublease Income Year Two
OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseIncomeYearTwo
|
235083 | |
| CY2019Q4 | veru |
Residual Royalty Agreement Noncurrent
ResidualRoyaltyAgreementNoncurrent
|
4768696 | |
| CY2018Q4 | veru |
Stock Issuance Costs Accrued
StockIssuanceCostsAccrued
|
153465 |
