2024 Q4 Form 10-K Financial Statement

#000143774924037576 Filed on December 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024
Revenue $16.89M
YoY Change 3.62%
Cost Of Revenue $11.03M
YoY Change 26.36%
Gross Profit $5.854M
YoY Change -22.63%
Gross Profit Margin 34.67%
Selling, General & Admin $31.18M
YoY Change -35.11%
% of Gross Profit 532.7%
Research & Development $12.81M
YoY Change -74.95%
% of Gross Profit 218.79%
Depreciation & Amortization $268.2K
YoY Change 35.44%
% of Gross Profit 4.58%
Operating Expenses $43.99M
YoY Change -58.89%
Operating Profit -$36.92M
YoY Change -60.61%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$160.9K
YoY Change -114.5%
Pretax Income
YoY Change
Income Tax $725.1K
% Of Pretax Income
Net Earnings -$37.80M
YoY Change -59.39%
Net Earnings / Revenue -223.86%
Basic Earnings Per Share -$0.28
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 146.4M 146.4M 134.9M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $24.92M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $4.144M
Prepaid Expenses
Receivables $3.960M
Other Receivables
Total Short-Term Assets $35.22M
YoY Change 49.85%
LONG-TERM ASSETS
Property, Plant & Equipment $1.285M
YoY Change -22.27%
Goodwill $6.900M
YoY Change 0.0%
Intangibles $0.00
YoY Change -100.0%
Long-Term Investments
YoY Change
Other Assets $1.130M
YoY Change -25.29%
Total Long-Term Assets $25.20M
YoY Change -6.99%
TOTAL ASSETS
Total Short-Term Assets $35.22M
Total Long-Term Assets $25.20M
Total Assets $60.42M
YoY Change 19.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.037M
YoY Change -79.17%
Accrued Expenses
YoY Change
Deferred Revenue $400.0K
YoY Change 280.95%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.87M
YoY Change -41.48%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $4.462M
YoY Change 14798.89%
Total Long-Term Liabilities $4.462M
YoY Change 14798.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.87M
Total Long-Term Liabilities $4.462M
Total Liabilities $28.10M
YoY Change -14.36%
SHAREHOLDERS EQUITY
Retained Earnings -$294.6M
YoY Change 13.88%
Common Stock $1.486M
YoY Change 58.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $32.32M
YoY Change
Total Liabilities & Shareholders Equity $60.42M
YoY Change 19.41%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024
OPERATING ACTIVITIES
Net Income -$37.80M
YoY Change -59.39%
Depreciation, Depletion And Amortization $268.2K
YoY Change 35.44%
Cash From Operating Activities -$21.68M
YoY Change -75.36%
INVESTING ACTIVITIES
Capital Expenditures $158.3K
YoY Change -76.22%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $146.2K
YoY Change -97.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $36.83M
YoY Change 231.35%
NET CHANGE
Cash From Operating Activities -$21.68M
Cash From Investing Activities $146.2K
Cash From Financing Activities $36.83M
Net Change In Cash $15.29M
YoY Change -121.67%
FREE CASH FLOW
Cash From Operating Activities -$21.68M
Capital Expenditures $158.3K
Free Cash Flow -$21.84M
YoY Change -75.37%

Facts In Submission

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CY2024 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
3944381 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-11717919 usd
CY2024 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-683827 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-666863 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-21682333 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-88013814 usd
CY2024 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
304536 usd
CY2023 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7000000 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
158322 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
665700 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
146214 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
6334300 usd
CY2024 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3280 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
389058 usd
CY2024 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
-0 usd
CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
263757 usd
CY2024 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
CY2023 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1425174 usd
CY2024 us-gaap Repayments Of Debt
RepaymentsOfDebt
132975 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
1292199 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
36826910 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11114333 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
15290791 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-70565181 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9625494 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
80190675 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
24916285 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9625494 usd
CY2024 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
368820 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
247361 usd
CY2024 us-gaap Interest Paid Net
InterestPaidNet
704600 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
554818 usd
CY2024 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
918372 usd
CY2023 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
0 usd
CY2024 us-gaap Stock Issued1
StockIssued1
0 usd
CY2023 us-gaap Stock Issued1
StockIssued1
1008000 usd
CY2024 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
164313 usd
CY2023 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
138182 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
286815 usd
CY2024 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><span style="text-decoration: underline; ">Reclassifications</span>: Certain prior period amounts in the accompanying consolidated financial statements have been reclassified to conform with the current period presentation. The reclassifications had <em style="font: inherit;">no</em> effect on the results of operations or financial position for any period presented.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><span style="text-decoration: underline; ">Use of estimates</span>: The preparation of financial statements in conformity with accounting principles generally accepted in the United States (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.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2024 us-gaap Advertising Expense
AdvertisingExpense
800000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
900000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
600000 usd
CY2009Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
0 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16886419 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16296958 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16886419 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16296958 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
400000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
100000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
300000 usd
CY2024 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 usd
CY2024Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
7897739 usd
CY2023Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
8445370 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3923857 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3923857 usd
CY2024Q3 veru Accounts Receivable Allowance For Credit Loss Sales Returns And Discounts Current
AccountsReceivableAllowanceForCreditLossSalesReturnsAndDiscountsCurrent
13577 usd
CY2023Q3 veru Accounts Receivable Allowance For Credit Loss Sales Returns And Discounts Current
AccountsReceivableAllowanceForCreditLossSalesReturnsAndDiscountsCurrent
15005 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3960305 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4506508 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
3600000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3923857 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12143 usd
CY2024 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3911714 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3923857 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3923857 usd
CY2024Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
827582 usd
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
1854810 usd
CY2024Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
79181 usd
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
112799 usd
CY2024Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4819331 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4913295 usd
CY2024Q3 us-gaap Inventory Gross
InventoryGross
5726094 usd
CY2023Q3 us-gaap Inventory Gross
InventoryGross
6880904 usd
CY2024Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1581915 usd
CY2023Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
183787 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
4144179 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
6697117 usd
CY2024Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1600000 usd
CY2023Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
200000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5303679 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5440686 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4019025 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3787954 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1284654 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1652732 usd
CY2024 us-gaap Depreciation
Depreciation
300000 usd
CY2023 us-gaap Depreciation
Depreciation
200000 usd
CY2023Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
500000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
494048 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5952 usd
CY2024Q3 us-gaap Goodwill
Goodwill
6900000 usd
CY2024 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 usd
CY2024Q3 veru Residual Royalty Agreement Liability Gross
ResidualRoyaltyAgreementLiabilityGross
346000 usd
CY2023Q3 veru Residual Royalty Agreement Liability Gross
ResidualRoyaltyAgreementLiabilityGross
346000 usd
CY2024Q3 veru Residual Royalty Agreement Liability Accumulated Accretion
ResidualRoyaltyAgreementLiabilityAccumulatedAccretion
12985419 usd
CY2023Q3 veru Residual Royalty Agreement Liability Accumulated Accretion
ResidualRoyaltyAgreementLiabilityAccumulatedAccretion
12377949 usd
CY2024Q3 veru Residual Royalty Agreement Liability Increase Decrease From Addition Payment
ResidualRoyaltyAgreementLiabilityIncreaseDecreaseFromAdditionPayment
-5024790 usd
CY2023Q3 veru Residual Royalty Agreement Liability Increase Decrease From Addition Payment
ResidualRoyaltyAgreementLiabilityIncreaseDecreaseFromAdditionPayment
-4320190 usd
CY2024Q3 veru Residual Royalty Agreement Liability Net Excluding Embedded Derivative Liability
ResidualRoyaltyAgreementLiabilityNetExcludingEmbeddedDerivativeLiability
8306629 usd
CY2023Q3 veru Residual Royalty Agreement Liability Net Excluding Embedded Derivative Liability
ResidualRoyaltyAgreementLiabilityNetExcludingEmbeddedDerivativeLiability
8403759 usd
CY2024Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
1570000 usd
CY2023Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
1331000 usd
CY2024Q3 veru Residual Royalty Agreement Liability Total
ResidualRoyaltyAgreementLiabilityTotal
9876629 usd
CY2023Q3 veru Residual Royalty Agreement Liability Total
ResidualRoyaltyAgreementLiabilityTotal
9734759 usd
CY2024Q3 veru Residual Royalty Agreement Liability Current
ResidualRoyaltyAgreementLiabilityCurrent
1025837 usd
CY2023Q3 veru Residual Royalty Agreement Liability Current
ResidualRoyaltyAgreementLiabilityCurrent
864623 usd
CY2024Q3 veru Residual Royalty Agreement Liability Noncurrent
ResidualRoyaltyAgreementLiabilityNoncurrent
8850792 usd
CY2023Q3 veru Residual Royalty Agreement Liability Noncurrent
ResidualRoyaltyAgreementLiabilityNoncurrent
8870136 usd
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
308000000
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q1 veru Security Offering Maximum Value Of Securities Shelf Registration
SecurityOfferingMaximumValueOfSecuritiesShelfRegistration
200000000 usd
CY2024Q3 veru Security Offering Remaining Value Of Securities Shelf Registration
SecurityOfferingRemainingValueOfSecuritiesShelfRegistration
109000000 usd
CY2024 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3100000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4000000 usd
CY2024 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13644405 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17918603 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.0897 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.0137 pure
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0444 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0392 pure
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.18
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.55
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17367643
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.28
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2467980
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.4
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2734
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.2
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1370461
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
7.56
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
18462428
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.59
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y3M25D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
44938 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
12740284
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
4.42
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M7D
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2024Q3 us-gaap Share Price
SharePrice
0.77
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
500000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
400000 usd
CY2024 us-gaap Operating Lease Cost
OperatingLeaseCost
1078058 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
1117463 usd
CY2024 us-gaap Short Term Lease Cost
ShortTermLeaseCost
42683 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
42809 usd
CY2024 us-gaap Variable Lease Cost
VariableLeaseCost
79066 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
186904 usd
CY2024 us-gaap Sublease Income
SubleaseIncome
15148 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
179378 usd
CY2024 us-gaap Lease Cost
LeaseCost
1184659 usd
CY2023 us-gaap Lease Cost
LeaseCost
1167798 usd
CY2024 us-gaap Operating Lease Payments
OperatingLeasePayments
1000000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
900000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.075 pure
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.077 pure
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1110198 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
801893 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
814728 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
833137 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
856526 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
361270 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4777752 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
790875 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
3986877 usd
CY2024 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-37076325 usd
CY2023 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-92672486 usd
CY2024 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7786028 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-19461222 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2024 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-602861 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.016 pure
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1506855 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.016 pure
CY2024 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
200233 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.005 pure
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
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