2022 Q3 Form 10-Q Financial Statement
#000119312522218561 Filed on August 11, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $4.525M | $4.722M | $5.656M |
YoY Change | -20.89% | -29.47% | 18.08% |
% of Gross Profit | |||
Research & Development | $11.07M | $13.74M | $15.97M |
YoY Change | -9.38% | 28.45% | 230.39% |
% of Gross Profit | |||
Depreciation & Amortization | $13.00K | $13.00K | $14.00K |
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $16.90M | $19.62M | $21.63M |
YoY Change | -5.74% | 12.82% | 124.7% |
Operating Profit | -$16.90M | -$19.62M | -$21.63M |
YoY Change | -5.74% | 12.82% | 124.7% |
Interest Expense | $125.0K | $1.202M | $5.211M |
YoY Change | -101.89% | -92.17% | 55.55% |
% of Operating Profit | |||
Other Income/Expense, Net | $22.00K | $1.202M | -$8.000K |
YoY Change | 69.23% | -92.17% | |
Pretax Income | -$16.88M | -$18.42M | -$16.42M |
YoY Change | -31.17% | 805.65% | 161.53% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$16.88M | -$18.42M | -$16.42M |
YoY Change | -31.17% | 805.65% | 161.7% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.80 | -$0.88 | -$0.79 |
Diluted Earnings Per Share | -$0.80 | -$0.88 | -$786.0K |
COMMON SHARES | |||
Basic Shares Outstanding | 21.19M | 21.00K | 20.90K |
Diluted Shares Outstanding | 21.08K | 21.00K | 20.90K |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $65.97M | $80.86M | $96.49M |
YoY Change | -46.27% | -5.57% | 80.82% |
Cash & Equivalents | $45.80M | $80.92M | $96.49M |
Short-Term Investments | $20.17M | ||
Other Short-Term Assets | $746.0K | $619.0K | $1.578M |
YoY Change | 65.04% | -29.82% | 50.29% |
Inventory | |||
Prepaid Expenses | $470.0K | $847.0K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $67.26M | $82.39M | $98.06M |
YoY Change | -45.43% | -4.76% | 80.24% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $188.0K | $202.0K | $3.950M |
YoY Change | -95.75% | -95.46% | 17.21% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.642M | $1.642M | $1.867M |
YoY Change | -6.6% | 778.07% | 748.64% |
Total Long-Term Assets | $5.121M | $5.358M | $5.817M |
YoY Change | -17.1% | 15.67% | 61.94% |
TOTAL ASSETS | |||
Total Short-Term Assets | $67.26M | $82.39M | $98.06M |
Total Long-Term Assets | $5.121M | $5.358M | $5.817M |
Total Assets | $72.38M | $87.74M | $103.9M |
YoY Change | -44.08% | -3.72% | 79.11% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.393M | $5.118M | $3.386M |
YoY Change | 94.47% | 179.67% | 634.49% |
Accrued Expenses | $4.445M | $4.331M | $852.0K |
YoY Change | 735.53% | 1103.06% | -38.71% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $9.950M | $10.45M | $11.53M |
YoY Change | -60.46% | -33.37% | -60.49% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $50.00K | $2.930M | $3.186M |
YoY Change | -98.63% | -24.05% | -2.87% |
Total Long-Term Liabilities | $50.00K | $2.930M | $3.186M |
YoY Change | -98.63% | -24.05% | -2.87% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.950M | $10.45M | $11.53M |
Total Long-Term Liabilities | $50.00K | $2.930M | $3.186M |
Total Liabilities | $12.67M | $13.38M | $14.71M |
YoY Change | -56.01% | -31.53% | -54.66% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$107.7M | -$90.82M | |
YoY Change | |||
Common Stock | $2.000K | $2.000K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $59.71M | $74.36M | $89.17M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $72.38M | $87.74M | $103.9M |
YoY Change | -44.08% | -3.72% | 79.11% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$16.88M | -$18.42M | -$16.42M |
YoY Change | -31.17% | 805.65% | 161.7% |
Depreciation, Depletion And Amortization | $13.00K | $13.00K | $14.00K |
YoY Change | |||
Cash From Operating Activities | -$14.87M | -$15.89M | -$15.03M |
YoY Change | 44.33% | 94.41% | 337.24% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$20.20M | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$20.20M | $0.00 | $0.00 |
YoY Change | 91695.45% | -100.0% | -100.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 242.0K | 0.000 |
YoY Change | -100.0% | -99.4% | |
NET CHANGE | |||
Cash From Operating Activities | -14.87M | -15.89M | -15.03M |
Cash From Investing Activities | -20.20M | 0.000 | 0.000 |
Cash From Financing Activities | 0.000 | 242.0K | 0.000 |
Net Change In Cash | -35.07M | -15.64M | -15.03M |
YoY Change | -194.33% | -148.48% | 78.12% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$14.87M | -$15.89M | -$15.03M |
Capital Expenditures | $0.00 | $0.00 | |
Free Cash Flow | -$14.87M | -$15.89M | |
YoY Change | 44.64% | 99.99% |
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|
15050 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15050 | ||
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
89170000 | |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
242000 | |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3362000 | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
10000 | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18421000 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
74363000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
100321000 | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
242000 | ||
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
40671000 | |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
768000 | |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6637000 | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2034000 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
71595000 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25379000 | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
40671000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
2503000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11352000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8310000 | ||
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
71595000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-34845000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-8310000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
27000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
0 | ||
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
8620000 | ||
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
11352000 | ||
vinc |
Amortization Of Right Of Use Assets Liabilities
AmortizationOfRightOfUseAssetsLiabilities
|
435000 | ||
vinc |
Amortization Of Right Of Use Assets Liabilities
AmortizationOfRightOfUseAssetsLiabilities
|
-51000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-6413000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-18708000 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
1189000 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-436000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-11000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
105000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3099000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1339000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-384000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2397000 | ||
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
0 | ||
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-14000 | ||
vinc |
Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
|
-276000 | ||
vinc |
Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
|
52000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-30915000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11612000 | ||
us-gaap |
Payments To Acquire In Process Research And Development
PaymentsToAcquireInProcessResearchAndDevelopment
|
0 | ||
us-gaap |
Payments To Acquire In Process Research And Development
PaymentsToAcquireInProcessResearchAndDevelopment
|
5000000 | ||
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
0 | ||
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
228000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5228000 | ||
us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
242000 | ||
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | ||
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
40671000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
242000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
40671000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
29000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-30644000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
23831000 | ||
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
111564000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
61792000 | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
80920000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
85623000 | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
25000 | ||
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
2503000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
4166000 | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 10pt; font-family: "Times New Roman";"><div style="font-weight:bold;display:inline;">NOTE 1. NATURE OF BUSINESS </div></div> <div style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">LSAC was initially formed on December 19, 2018 as a Delaware corporation for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. In December 2020, the Merger Sub merged with and into Legacy Vincera Pharma, with Legacy Vincera Pharma surviving the Merger as a wholly- owned subsidiary of LSAC. In connection with the Business Combination, LSAC changed its name to Vincera Pharma, Inc., and subsequently in January 2021, changed its name to Vincerx Pharma, Inc. (together with its consolidated subsidiaries, the “Company”). </div> <div style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Company is a clinical-stage biopharmaceutical company focused on leveraging its extensive development and oncology expertise to advance new therapies intended to address unmet medical needs for the treatment of cancer. The Company’s current pipeline is entirely derived from the Bayer License Agreement (see Note 3), pursuant to which the Company has been granted an exclusive, royalty-bearing, worldwide license under certain Bayer patents and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">know-how</div> to develop, use, manufacture, commercialize, sublicense and distribute a clinical-stage and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">follow-on</div> small molecule drug program and a preclinical stage bioconjugation platform, which includes next-generation antibody-drug conjugates and small molecule drug conjugates. The Company intends to use these product candidates to treat various cancers in a patient-specific, targeted approach. </div> <div style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During the early months of 2020, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> emerged and subsequently spread world-wide. The World Health Organization declared <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> a pandemic resulting in federal, state and local governments and private entities mediating various restrictions, including travel restrictions, restrictions on public gatherings, stay at home orders, and advisories, quarantining people who may have been exposed to the virus and other measures. Our business operations, and those of third parties with whom we conduct business, have been, and could continue to be, adversely affected by the ongoing <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic. The extent to which <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> could continue to impact our business and operations will depend on future developments that are highly uncertain and cannot be predicted with confidence, such as duration of the pandemic, the emergence and severity of new variants of the virus, additional or modified government actions, new information concerning the severity and impact of the virus, the timing, availability, efficacy, adoption and distribution of vaccines or other preventative treatments, travel restrictions, quarantines, social distancing requirements and business closures and other actions taken to contain the virus or address its impact. Management continues to evaluate the impact of the ongoing <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic on its current operations and future plans and intends to take appropriate measures to address any such impact, but there can be no assurance that these efforts will be successful and that the pandemic will not continue to have <div style="display:inline;">a </div>negative effect on the Company’s financial position and results of its operations. </div> | ||
dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2018-12-19 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top: 18pt; margin-bottom: 0pt; font-size: 10pt; font-family: "Times New Roman";"><div style="font-weight:bold;display:inline;">Use of Estimates </div></div> <div style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements as well as reported amounts of expenses during the reporting periods. Estimates made by the Company include, but are not limited to, those related to our accrued clinical trial and manufacturing expenses, common stock warrant liabilities and stock-based compensation. The Company bases these estimates on historical experience and on various other assumptions that it believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates. </div> | ||
vinc |
Date Of Licence Agreement
DateOfLicenceAgreement
|
2020-10-07 | ||
CY2021Q1 | vinc |
Licence Fee Paid
LicenceFeePaid
|
5000000 | |
CY2022Q2 | vinc |
Aggregate Milestone Payments Payable
AggregateMilestonePaymentsPayable
|
1000000000 | |
CY2022Q2 | vinc |
Percentage Of Employees Reduction
PercentageOfEmployeesReduction
|
0.33 | |
CY2022Q2 | us-gaap |
Restructuring And Related Cost Expected Cost1
RestructuringAndRelatedCostExpectedCost1
|
2500000 | |
CY2022Q2 | us-gaap |
Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
|
1200000 | |
CY2020Q4 | vinc |
Date Of Lease Agreement
DateOfLeaseAgreement
|
P5Y | |
CY2020Q4 | vinc |
Date Of Lease Commencement
DateOfLeaseCommencement
|
2021-01-01 | |
CY2020Q4 | us-gaap |
Lease Cost
LeaseCost
|
1100000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3900000 | |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3500000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7238000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6467000 | ||
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
598000 | ||
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
83000 | ||
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
0 | ||
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
0 | ||
us-gaap |
Lease Cost
LeaseCost
|
598000 | ||
us-gaap |
Lease Cost
LeaseCost
|
83000 | ||
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
438000 | ||
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
70000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
|||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
4166000 | ||
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y6M | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y6M | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.08 | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.08 | |
CY2022Q2 | us-gaap |
Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
|
608000 | |
CY2022Q2 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
1261000 | |
CY2022Q2 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
1284000 | |
CY2022Q2 | us-gaap |
Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
|
1336000 | |
CY2022Q2 | us-gaap |
Contractual Obligation
ContractualObligation
|
4489000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
591000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3898000 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
120000000 | |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
30000000 | |
CY2022Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
21189769 | |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
21057560 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
3408 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
18.74 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y2M12D | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3000 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1166 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
5.62 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P10Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
631 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
15.58 | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3943 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
15.37 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y6M | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
1916 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
18.84 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P7Y9M18D | ||
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
9.5 | |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
5.62 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
19.02 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y10M24D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.836 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.755 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.03 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.009 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3362000 | |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6637000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8620000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11352000 | ||
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18421000 | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2034000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-34845000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8310000 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20995 | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20995 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16350 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16350 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20946 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20946 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15050 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15050 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.88 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.88 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.12 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.12 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.66 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.66 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.55 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.55 |