2021 Q4 Form 10-Q Financial Statement

#000165731221000037 Filed on November 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $0.00 $40.00M $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit $40.00M
YoY Change
Gross Profit Margin 100.0%
Selling, General & Admin $5.757M $10.88M $10.92M
YoY Change -14.46% -0.34% 265.22%
% of Gross Profit 27.21%
Research & Development $22.71M $22.56M $12.82M
YoY Change 162.53% 75.98% -29.44%
% of Gross Profit 56.4%
Depreciation & Amortization $162.0K $162.0K $350.0K
YoY Change 440.0% -53.71% -22.22%
% of Gross Profit 0.41%
Operating Expenses $28.47M $33.44M $21.10M
YoY Change 85.08% 58.47% -0.22%
Operating Profit $6.557M -$21.10M
YoY Change -131.07%
Interest Expense -$21.00K $86.00K $0.00
YoY Change -105.12% -100.0%
% of Operating Profit 1.31%
Other Income/Expense, Net $4.975M $4.621M $2.217M
YoY Change -50.25% 108.43% -4534.0%
Pretax Income -$23.51M $11.18M -$18.89M
YoY Change 373.08% -159.18% -2.39%
Income Tax -$250.0K $127.0K $44.00K
% Of Pretax Income 1.14%
Net Earnings -$23.26M $11.05M -$18.93M
YoY Change 88.2% -158.38% 23.09%
Net Earnings / Revenue 27.63%
Basic Earnings Per Share $0.02 -$0.05
Diluted Earnings Per Share -$48.54K $0.02 -$0.05
COMMON SHARES
Basic Shares Outstanding 480.1M shares 475.3M shares 344.8M shares
Diluted Shares Outstanding 515.8M shares 344.8M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $148.4M $166.5M $260.9M
YoY Change -21.07% -36.16% 416.63%
Cash & Equivalents $148.4M $166.5M $202.0M
Short-Term Investments $0.00
Other Short-Term Assets $2.063M $667.0K $6.000M
YoY Change 19.94% -88.88% 39.53%
Inventory
Prepaid Expenses $4.037M $6.672M
Receivables
Other Receivables
Total Short-Term Assets $170.1M $184.5M $274.4M
YoY Change -16.02% -32.77% 340.45%
LONG-TERM ASSETS
Property, Plant & Equipment $80.00K $88.00K $1.700M
YoY Change -25.23% -94.82% 21.43%
Goodwill $545.0K $545.0K
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $15.00M $15.00M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $16.52M $17.07M $43.10M
YoY Change 870.86% -60.4% 817.02%
TOTAL ASSETS
Total Short-Term Assets $170.1M $184.5M $274.4M
Total Long-Term Assets $16.52M $17.07M $43.10M
Total Assets $186.6M $201.6M $317.5M
YoY Change -8.63% -36.52% 373.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.04M $9.000K $18.30M
YoY Change 5542.7% -99.95% 27.97%
Accrued Expenses $22.26M $26.46M
YoY Change 104.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.000M
YoY Change 100.0%
Total Short-Term Liabilities $33.42M $27.74M $21.80M
YoY Change 135.32% 27.25% 42.48%
LONG-TERM LIABILITIES
Long-Term Debt $4.874M $4.800M $900.0K
YoY Change 5.16% 433.33% 12.5%
Other Long-Term Liabilities $286.0K $797.0K $39.50M
YoY Change -42.8% -97.98% 2721.43%
Total Long-Term Liabilities $5.160M $5.618M $40.40M
YoY Change 0.21% -86.09% 1736.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.42M $27.74M $21.80M
Total Long-Term Liabilities $5.160M $5.618M $40.40M
Total Liabilities $38.58M $33.36M $62.10M
YoY Change 99.37% -46.28% 254.86%
SHAREHOLDERS EQUITY
Retained Earnings -$263.7M -$240.3M
YoY Change 27.37%
Common Stock $31.86M $31.86M
YoY Change 0.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $603.0K $770.0K
YoY Change -64.53%
Treasury Stock Shares
Shareholders Equity $148.0M $168.2M $196.8M
YoY Change
Total Liabilities & Shareholders Equity $186.6M $201.6M $317.5M
YoY Change -8.63% -36.52% 373.88%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$23.26M $11.05M -$18.93M
YoY Change 88.2% -158.38% 23.09%
Depreciation, Depletion And Amortization $162.0K $162.0K $350.0K
YoY Change 440.0% -53.71% -22.22%
Cash From Operating Activities -$17.32M $22.83M -$16.63M
YoY Change 39.25% -237.25% -46.73%
INVESTING ACTIVITIES
Capital Expenditures -$1.000K -$11.00K -$240.0K
YoY Change -100.33% -95.42% -7.69%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $2.620M
YoY Change -100.0% -100.0% -94.68%
Cash From Investing Activities -$1.000K -$11.00K $2.370M
YoY Change -99.96% -100.46% -95.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -901.0K -1.817M 238.9M
YoY Change -98.05% -100.76% -62963.16%
NET CHANGE
Cash From Operating Activities -17.32M 22.83M -16.63M
Cash From Investing Activities -1.000K -11.00K 2.370M
Cash From Financing Activities -901.0K -1.817M 238.9M
Net Change In Cash -18.23M 21.00M 224.6M
YoY Change -70.24% -90.65% 1190.92%
FREE CASH FLOW
Cash From Operating Activities -$17.32M $22.83M -$16.63M
Capital Expenditures -$1.000K -$11.00K -$240.0K
Free Cash Flow -$17.32M $22.84M -$16.39M
YoY Change 35.97% -239.33% -47.06%

Facts In Submission

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CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1867000 USD
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CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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950000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2020Q2 us-gaap Stockholders Equity
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CY2020Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6486000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2020Q3 us-gaap Stock Issued During Period Value New Issues
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187360000 USD
CY2020Q3 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1282000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
92000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
94000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-2244000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
747000 USD
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
289000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
21238000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9303000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
467000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
472000 USD
vrna Increase Decrease In Equity Interest Receivable
IncreaseDecreaseInEquityInterestReceivable
15000000 USD
vrna Increase Decrease In Equity Interest Receivable
IncreaseDecreaseInEquityInterestReceivable
0 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2134000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2444000 USD
vrna Increase Decrease In Tax And Tax Credit Receivables Current
IncreaseDecreaseInTaxAndTaxCreditReceivablesCurrent
2677000 USD
vrna Increase Decrease In Tax And Tax Credit Receivables Current
IncreaseDecreaseInTaxAndTaxCreditReceivablesCurrent
-3336000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1053000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1151000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
823000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-169000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-983000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
15595000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3916000 USD
vrna Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
177000 USD
vrna Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-461000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
451000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
0 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-300000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-4000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-15931000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
73000 USD
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 USD
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
9792000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
9719000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
200156000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
11763000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5949000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
733000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5216000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
188393000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-281000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21439000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
171540000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187986000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30428000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
166547000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
201968000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2021Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.86
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-240300000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
873104 shares
us-gaap Interest Paid Net
InterestPaidNet
162000 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
vrna Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
1 subsidiary
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
700000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 subsidiary
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 subsidiary
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:110%">Use of estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:110%">The preparation of interim unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting periods. Significant estimates and assumptions reflected in these unaudited condensed consolidated financial statements include, but are not limited to, the accrual and prepayment of research and development expenses, the fair value of share-based compensation, the initial recognition of the value of the equity interest and the fair value of warrants. Estimates are periodically reviewed in light of changes in circumstances, facts and experience. Changes in estimates are recorded in the period in which they become known. Actual results could differ from the Company’s estimates.</span></div>
CY2021Q3 vrna Prepaid Research And Development Fees Current
PrepaidResearchAndDevelopmentFeesCurrent
3568000 USD
CY2020Q4 vrna Prepaid Research And Development Fees Current
PrepaidResearchAndDevelopmentFeesCurrent
2551000 USD
CY2021Q3 us-gaap Prepaid Insurance
PrepaidInsurance
2713000 USD
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1701000 USD
CY2021Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
391000 USD
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
286000 USD
CY2021Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6672000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
4538000 USD
CY2021Q3 vrna Research And Development Tax Credit Receivable Current
ResearchAndDevelopmentTaxCreditReceivableCurrent
10606000 USD
CY2020Q4 vrna Research And Development Tax Credit Receivable Current
ResearchAndDevelopmentTaxCreditReceivableCurrent
8202000 USD
CY2021Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
0 USD
CY2020Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
58000 USD
CY2021Q3 vrna Tax Credit And Income Taxes Receivable Current
TaxCreditAndIncomeTaxesReceivableCurrent
10606000 USD
CY2020Q4 vrna Tax Credit And Income Taxes Receivable Current
TaxCreditAndIncomeTaxesReceivableCurrent
8260000 USD
CY2021Q3 vrna Accrued Research And Development Fees Current
AccruedResearchAndDevelopmentFeesCurrent
24063000 USD
CY2020Q4 vrna Accrued Research And Development Fees Current
AccruedResearchAndDevelopmentFeesCurrent
8607000 USD
CY2021Q3 vrna Accrued Professional Fees Listing And General Corporate Costs Current
AccruedProfessionalFeesListingAndGeneralCorporateCostsCurrent
995000 USD
CY2020Q4 vrna Accrued Professional Fees Listing And General Corporate Costs Current
AccruedProfessionalFeesListingAndGeneralCorporateCostsCurrent
2149000 USD
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1399000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
107000 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
26457000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10863000 USD
CY2020 vrna Class Of Warrant Or Right Number Of Exercised Or Forfeited
ClassOfWarrantOrRightNumberOfExercisedOrForfeited
0 shares
vrna Class Of Warrant Or Right Number Of Exercised Or Forfeited
ClassOfWarrantOrRightNumberOfExercisedOrForfeited
0 shares
CY2021Q3 vrna Class Of Warrant Or Right Intrinsic Value
ClassOfWarrantOrRightIntrinsicValue
0 USD
CY2021Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
12401262 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
12401262 shares
CY2021Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.7238
CY2020Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.7238
CY2021Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P0Y7M6D
CY2020Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P1Y3M18D
CY2021Q3 vrna Warrant Liability Current
WarrantLiabilityCurrent
2000 USD
CY2020Q4 vrna Warrant Liability Current
WarrantLiabilityCurrent
2246000 USD
CY2021Q3 vrna Sensitivity Analysis Of Fair Value Warrant Liability Impact Of10 Percent Increase In Volatility Rate
SensitivityAnalysisOfFairValueWarrantLiabilityImpactOf10PercentIncreaseInVolatilityRate
11000 USD
CY2021Q3 vrna Warrant Liability Fair Value
WarrantLiabilityFairValue
2000 USD
CY2021Q3 vrna Sensitivity Analysis Of Fair Value Warrant Liability Impact Of10 Percent Decrease In Volatility Rate
SensitivityAnalysisOfFairValueWarrantLiabilityImpactOf10PercentDecreaseInVolatilityRate
0 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4800000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4938000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6486000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21238000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9303000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
13125672 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.41
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
996720 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.17
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12128952 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.43
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
800000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.73
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12928952 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.38
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
576000 shares
CY2021Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.78
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
638112 shares
CY2021Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.75
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12866840 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.39
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
11051000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-18931000 USD
us-gaap Net Income Loss
NetIncomeLoss
-32307000 USD
us-gaap Net Income Loss
NetIncomeLoss
-40321000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
475334354 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
344809792 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
471159171 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
197049240 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.20
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
515819439 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
344809792 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
471159171 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
197049240 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25139377 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
88402414 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
88402414 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
65624462 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
88402414 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
88402414 shares

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