2022 Q4 Form 10-Q Financial Statement

#000165731222000038 Filed on November 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $458.0K $0.00 $40.00M
YoY Change -100.0%
Cost Of Revenue $346.0K
YoY Change
Gross Profit $112.0K $0.00 $40.00M
YoY Change -100.0%
Gross Profit Margin 24.45% 100.0%
Selling, General & Admin $8.323M $5.290M $10.88M
YoY Change 44.57% -51.39% -0.34%
% of Gross Profit 7431.25% 27.21%
Research & Development $6.838M $9.838M $22.56M
YoY Change -69.89% -56.39% 75.98%
% of Gross Profit 6105.36% 56.4%
Depreciation & Amortization $151.0K $157.0K $162.0K
YoY Change -6.79% -3.09% -53.71%
% of Gross Profit 134.82% 0.41%
Operating Expenses $15.16M $15.13M $33.44M
YoY Change -46.74% -54.76% 58.47%
Operating Profit -$15.05M -$15.13M $6.557M
YoY Change -330.72% -131.07%
Interest Expense $4.645M $116.0K $86.00K
YoY Change -22219.05% 34.88%
% of Operating Profit 1.31%
Other Income/Expense, Net $796.0K -$455.0K $4.621M
YoY Change -84.0% -109.85% 108.43%
Pretax Income -$10.42M -$15.58M $11.18M
YoY Change -55.67% -239.41% -159.18%
Income Tax $28.00K $64.00K $127.0K
% Of Pretax Income 1.14%
Net Earnings -$10.45M -$15.65M $11.05M
YoY Change -55.07% -241.59% -158.38%
Net Earnings / Revenue -2281.88% 27.63%
Basic Earnings Per Share -$0.03 $0.02
Diluted Earnings Per Share -$0.02 -$0.03 $0.02
COMMON SHARES
Basic Shares Outstanding 605.0M shares 487.6M shares 475.3M shares
Diluted Shares Outstanding 544.1M shares 515.8M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $227.8M $231.7M $166.5M
YoY Change 53.54% 39.12% -36.16%
Cash & Equivalents $227.8M $231.7M $166.5M
Short-Term Investments
Other Short-Term Assets $3.388M $3.077M $667.0K
YoY Change 64.23% 361.32% -88.88%
Inventory
Prepaid Expenses $2.499M $3.355M $6.672M
Receivables
Other Receivables
Total Short-Term Assets $243.0M $258.5M $184.5M
YoY Change 42.89% 40.09% -32.77%
LONG-TERM ASSETS
Property, Plant & Equipment $73.00K $81.00K $88.00K
YoY Change -8.75% -7.95% -94.82%
Goodwill $545.0K $544.0K $545.0K
YoY Change 0.0% -0.18%
Intangibles
YoY Change
Long-Term Investments $15.00M $15.00M $15.00M
YoY Change 0.0% 0.0%
Other Assets
YoY Change
Total Long-Term Assets $16.47M $16.42M $17.07M
YoY Change -0.31% -3.81% -60.4%
TOTAL ASSETS
Total Short-Term Assets $243.0M $258.5M $184.5M
Total Long-Term Assets $16.47M $16.42M $17.07M
Total Assets $259.5M $274.9M $201.6M
YoY Change 39.06% 36.37% -36.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.910M $8.002M $9.000K
YoY Change -71.03% 88811.11% -99.95%
Accrued Expenses $13.75M $22.98M $26.46M
YoY Change -38.21% -13.15%
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 $19.03M $32.13M $27.74M
YoY Change -43.06% 15.82% 27.25%
LONG-TERM LIABILITIES
Long-Term Debt $9.768M $5.000M $4.800M
YoY Change 100.41% 4.17% 433.33%
Other Long-Term Liabilities $205.0K $224.0K $797.0K
YoY Change -28.32% -71.89% -97.98%
Total Long-Term Liabilities $9.973M $5.259M $5.618M
YoY Change 93.28% -6.39% -86.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.03M $32.13M $27.74M
Total Long-Term Liabilities $9.973M $5.259M $5.618M
Total Liabilities $29.00M $37.39M $33.36M
YoY Change -24.83% 12.08% -46.28%
SHAREHOLDERS EQUITY
Retained Earnings -$333.1M -$322.4M -$240.3M
YoY Change 26.31% 34.17%
Common Stock $40.53M $39.12M $31.86M
YoY Change 27.22% 22.8%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.549M $449.0K $770.0K
YoY Change 156.88% -41.69%
Treasury Stock Shares
Shareholders Equity $230.5M $237.5M $168.2M
YoY Change
Total Liabilities & Shareholders Equity $259.5M $274.9M $201.6M
YoY Change 39.06% 36.37% -36.52%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$10.45M -$15.65M $11.05M
YoY Change -55.07% -241.59% -158.38%
Depreciation, Depletion And Amortization $151.0K $157.0K $162.0K
YoY Change -6.79% -3.09% -53.71%
Cash From Operating Activities -$7.738M -$18.10M $22.83M
YoY Change -55.33% -179.28% -237.25%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 -$11.00K
YoY Change -100.0% -100.0% -95.42%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00 -$11.00K
YoY Change -100.0% -100.0% -100.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.614M 139.6M -1.817M
YoY Change -390.12% -7784.04% -100.76%
NET CHANGE
Cash From Operating Activities -7.738M -18.10M 22.83M
Cash From Investing Activities 0.000 0.000 -11.00K
Cash From Financing Activities 2.614M 139.6M -1.817M
Net Change In Cash -5.124M 121.5M 21.00M
YoY Change -71.88% 478.77% -90.65%
FREE CASH FLOW
Cash From Operating Activities -$7.738M -$18.10M $22.83M
Capital Expenditures $0.00 $0.00 -$11.00K
Free Cash Flow -$7.738M -$18.10M $22.84M
YoY Change -55.33% -179.24% -239.33%

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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
184854000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8850000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
172414000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7450000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
154397000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
11051000 usd
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
350000 usd
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2167000 usd
CY2021Q3 vrna Adjustments To Additional Paid In Capital Reclassification From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalReclassificationFromShareBasedCompensation
367000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4938000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
168202000 usd
us-gaap Net Income Loss
NetIncomeLoss
-58250000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
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us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
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us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
94000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
94000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
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us-gaap Share Based Compensation
ShareBasedCompensation
9617000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
21238000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
467000 usd
vrna Increase Decrease In Equity Interest Receivable
IncreaseDecreaseInEquityInterestReceivable
0 usd
vrna Increase Decrease In Equity Interest Receivable
IncreaseDecreaseInEquityInterestReceivable
15000000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-682000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2134000 usd
vrna Increase Decrease In Tax And Tax Credit Receivables Current
IncreaseDecreaseInTaxAndTaxCreditReceivablesCurrent
9113000 usd
vrna Increase Decrease In Tax And Tax Credit Receivables Current
IncreaseDecreaseInTaxAndTaxCreditReceivablesCurrent
2677000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1014000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1053000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
351000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
823000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2042000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-169000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
722000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
15595000 usd
vrna Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-141000 usd
vrna Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
177000 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
138000 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
451000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-123000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-300000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-52124000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-15931000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-29000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
9582000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2382000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5949000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
371000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
138204000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5216000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2730000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-281000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
83321000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21439000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
148380000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187986000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
231701000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
166547000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
90000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
190000 usd
us-gaap Interest Paid Net
InterestPaidNet
162000 usd
vrna Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
1 subsidiary
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-322400000 usd
CY2022Q3 dei Entity Listing Depository Receipt Ratio
EntityListingDepositoryReceiptRatio
8
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q3 vrna Research And Development Tax Credit Receivable Current
ResearchAndDevelopmentTaxCreditReceivableCurrent
20321000 usd
CY2021Q4 vrna Research And Development Tax Credit Receivable Current
ResearchAndDevelopmentTaxCreditReceivableCurrent
15583000 usd
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 fair value of warrants, research and development tax credit and the carrying value of the equity interest in Nuance Pharma (as defined below). 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>
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.38
CY2022Q3 vrna Tax Credit And Income Taxes Receivable Current
TaxCreditAndIncomeTaxesReceivableCurrent
20321000 usd
CY2021Q4 vrna Tax Credit And Income Taxes Receivable Current
TaxCreditAndIncomeTaxesReceivableCurrent
15583000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
608000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.62
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
13303200 shares
CY2022Q3 vrna Accrued Research And Development Fees Current
AccruedResearchAndDevelopmentFeesCurrent
19677000 usd
CY2021Q4 vrna Accrued Research And Development Fees Current
AccruedResearchAndDevelopmentFeesCurrent
21336000 usd
CY2022Q3 vrna Accrued Professional Fees Listing And General Corporate Costs Current
AccruedProfessionalFeesListingAndGeneralCorporateCostsCurrent
1746000 usd
CY2021Q4 vrna Accrued Professional Fees Listing And General Corporate Costs Current
AccruedProfessionalFeesListingAndGeneralCorporateCostsCurrent
919000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1555000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
22978000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
22256000 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5000000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.34
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1760000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
301168 shares
CY2022Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.77
CY2022Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
502232 shares
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2816000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4938000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9617000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21238000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12695200 shares
CY2022Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.51
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15063200 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.24
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4520000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.82
CY2022Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.74
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
18779800 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.16
CY2022Q3 dei Entity Listing Depository Receipt Ratio
EntityListingDepositoryReceiptRatio
8
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-15647000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
11051000 usd
us-gaap Net Income Loss
NetIncomeLoss
-58250000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32307000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
544134136 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
475334354 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
503751844 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
471159171 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
544134136 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
515819439 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
503751844 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
471159171 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57650632 shares
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
57650632 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
65624462 shares
CY2022Q3 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
1500000 usd

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