2021 Q1 Form 10-Q Financial Statement
#000143774921011133 Filed on May 06, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
Revenue | $506.0K | $356.0K | $2.902M |
YoY Change | -82.56% | -90.91% | -46.33% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $5.940M | $5.130M | $1.990M |
YoY Change | 198.49% | 285.71% | -1.97% |
% of Gross Profit | |||
Research & Development | $10.07M | $8.590M | $1.542M |
YoY Change | 553.24% | 161.09% | -59.73% |
% of Gross Profit | |||
Depreciation & Amortization | $75.00K | $860.0K | $19.00K |
YoY Change | 294.74% | 14.67% | -85.38% |
% of Gross Profit | |||
Operating Expenses | $16.02M | $13.72M | $3.596M |
YoY Change | 345.41% | 43.75% | -38.58% |
Operating Profit | -$15.51M | -$694.0K | |
YoY Change | 2135.01% | 54.91% | |
Interest Expense | $9.000K | $10.00K | |
YoY Change | -66.67% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$470.0K | -$470.0K | -$450.0K |
YoY Change | 4.44% | -7.84% | -29.8% |
Pretax Income | -$15.97M | -$13.83M | -$1.144M |
YoY Change | 1295.89% | 122.71% | 5.05% |
Income Tax | $38.00K | $30.00K | $153.0K |
% Of Pretax Income | |||
Net Earnings | -$16.01M | -$13.86M | -$1.297M |
YoY Change | 1134.16% | 116.27% | -3.14% |
Net Earnings / Revenue | -3163.44% | -3893.54% | -44.69% |
Basic Earnings Per Share | -$0.14 | ||
Diluted Earnings Per Share | -$138.7K | -$126.2K | -$21.42K |
COMMON SHARES | |||
Basic Shares Outstanding | 115.4M | 109.5M | 70.73M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $170.7M | $126.9M | $29.90M |
YoY Change | 470.9% | 839.78% | 255.95% |
Cash & Equivalents | $157.3M | $126.9M | $29.86M |
Short-Term Investments | $13.40M | $0.00 | |
Other Short-Term Assets | $4.000M | $1.300M | $1.000M |
YoY Change | 300.0% | 160.0% | -16.67% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $700.0K | $334.0K | $2.663M |
Other Receivables | $500.0K | $300.0K | $0.00 |
Total Short-Term Assets | $175.4M | $128.5M | $33.67M |
YoY Change | 421.08% | 630.37% | 120.75% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.245M | $1.480M | $191.0K |
YoY Change | 1075.39% | 604.76% | -87.75% |
Goodwill | $0.00 | ||
YoY Change | |||
Intangibles | $14.93M | $15.36M | $16.66M |
YoY Change | -10.4% | -10.13% | -10.59% |
Long-Term Investments | $6.600M | ||
YoY Change | |||
Other Assets | $369.0K | $372.0K | $138.0K |
YoY Change | 167.39% | 163.83% | 32.69% |
Total Long-Term Assets | $30.45M | $24.05M | $18.90M |
YoY Change | 61.1% | 23.76% | -10.26% |
TOTAL ASSETS | |||
Total Short-Term Assets | $175.4M | $128.5M | $33.67M |
Total Long-Term Assets | $30.45M | $24.05M | $18.90M |
Total Assets | $205.9M | $152.6M | $52.56M |
YoY Change | 291.65% | 312.03% | 44.77% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.638M | $2.133M | $793.0K |
YoY Change | 484.87% | 150.35% | -6.6% |
Accrued Expenses | $3.176M | $4.799M | $4.280M |
YoY Change | -25.79% | 5.13% | 147.83% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.800M | $2.800M | $1.500M |
YoY Change | 20.0% | -11.76% | |
Total Short-Term Liabilities | $11.64M | $11.76M | $7.441M |
YoY Change | 56.46% | 28.22% | -12.97% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $122.0K | $109.0K | $18.00K |
YoY Change | 577.78% | 505.56% | 0.0% |
Total Long-Term Liabilities | $122.0K | $109.0K | $18.00K |
YoY Change | 577.78% | 505.56% | 0.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $11.64M | $11.76M | $7.441M |
Total Long-Term Liabilities | $122.0K | $109.0K | $18.00K |
Total Liabilities | $29.63M | $29.18M | $21.27M |
YoY Change | 39.3% | 21.17% | -10.37% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$164.9M | -$148.9M | -$118.0M |
YoY Change | 39.79% | 27.62% | 18.72% |
Common Stock | $341.1M | $272.3M | $149.3M |
YoY Change | 128.56% | 110.08% | 33.34% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $176.2M | $123.4M | $31.29M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $205.9M | $152.6M | $52.56M |
YoY Change | 291.65% | 312.03% | 44.77% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$16.01M | -$13.86M | -$1.297M |
YoY Change | 1134.16% | 116.27% | -3.14% |
Depreciation, Depletion And Amortization | $75.00K | $860.0K | $19.00K |
YoY Change | 294.74% | 14.67% | -85.38% |
Cash From Operating Activities | -$16.59M | -$10.77M | -$3.208M |
YoY Change | 417.21% | 184.17% | -31.06% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $615.0K | -$900.0K | $4.000K |
YoY Change | 15275.0% | 8900.0% | -99.28% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$19.94M | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | -$20.56M | -$900.0K | -$1.000K |
YoY Change | 2055800.0% | 8900.0% | -99.82% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $65.71M | $9.175M | |
YoY Change | 616.21% | 267.0% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $67.59M | 5.100M | $19.54M |
YoY Change | 245.88% | -328.7% | 820.49% |
NET CHANGE | |||
Cash From Operating Activities | -$16.59M | -10.77M | -$3.208M |
Cash From Investing Activities | -$20.56M | -900.0K | -$1.000K |
Cash From Financing Activities | $67.59M | 5.100M | $19.54M |
Net Change In Cash | $30.44M | -6.570M | $16.33M |
YoY Change | 86.38% | 8.96% | -629.95% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$16.59M | -$10.77M | -$3.208M |
Capital Expenditures | $615.0K | -$900.0K | $4.000K |
Free Cash Flow | -$17.21M | -$9.870M | -$3.212M |
YoY Change | 435.71% | 161.11% | -38.29% |
Facts In Submission
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|
1251000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-5000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16007000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
176235000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12952000 | USD |
CY2020Q1 | vxrt |
Stock Issued During Period Value Exercise Of Common Stock Warrants
StockIssuedDuringPeriodValueExerciseOfCommonStockWarrants
|
10349000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
18000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16007000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1297000 | USD |
CY2021Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
996000 | USD |
CY2020Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
580000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1251000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
96000 | USD |
CY2021Q1 | vxrt |
Noncash Interest Expense On Liability
NoncashInterestExpenseOnLiability
|
466000 | USD |
CY2020Q1 | vxrt |
Noncash Interest Expense On Liability
NoncashInterestExpenseOnLiability
|
491000 | USD |
CY2021Q1 | vxrt |
Noncash Revenue Related To Sale Of Future Royalties
NoncashRevenueRelatedToSaleOfFutureRoyalties
|
334000 | USD |
CY2020Q1 | vxrt |
Noncash Revenue Related To Sale Of Future Royalties
NoncashRevenueRelatedToSaleOfFutureRoyalties
|
2769000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
366000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-956000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2694000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
690000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2281000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-55000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-2185000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-520000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-16592000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3208000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
615000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
3000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
19944000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
-0 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-20559000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1649000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
10349000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
231000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
18000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
67592000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
19542000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
30441000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
16333000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
126870000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13526000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
157311000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
29859000 | USD |
CY2021Q1 | vxrt |
Issuance Of Warrants To Placement Agents Designees
IssuanceOfWarrantsToPlacementAgentsDesignees
|
0 | USD |
CY2020Q1 | vxrt |
Issuance Of Warrants To Placement Agents Designees
IssuanceOfWarrantsToPlacementAgentsDesignees
|
453000 | USD |
CY2021Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
303000 | USD |
CY2020Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
0 | USD |
CY2020Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2020Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | |
CY2021Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | pure |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><b>Use of Estimates</b> – The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities in the financial statements and accompanying notes. Actual results and outcomes could differ from these estimates and assumptions.</p> <p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"> </p> | |
CY2021Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><b>Concentration of Credit Risk</b> – Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash, cash equivalents, available-for-sale investments and accounts receivable. The Company places its cash, cash equivalents and available-for-sale investments at financial institutions that management believes are of high credit quality. The Company is exposed to credit risk in the event of default by the financial institutions holding the cash and cash equivalents to the extent such amounts are in excess of the federally insured limits. The Company has <em style="font: inherit;">not</em> experienced any losses on its deposits since inception.</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The primary focus of the Company’s investment strategy is to preserve capital and meet liquidity requirements. The Company’s investment policy addresses the level of credit exposure by limiting the concentration in any <em style="font: inherit;">one</em> corporate issuer or sector and establishing a minimum allowable credit rating. The Company generally requires <em style="font: inherit;">no</em> collateral from its customers.</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </p> | |
CY2021Q1 | us-gaap |
Investments And Cash
InvestmentsAndCash
|
177255000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
5000 | USD |
CY2021Q1 | vxrt |
Investments And Cash Fair Value Disclosure
InvestmentsAndCashFairValueDisclosure
|
177250000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
157311000 | USD |
CY2021Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
13385000 | USD |
CY2021Q1 | us-gaap |
Long Term Investments
LongTermInvestments
|
6554000 | USD |
CY2020Q4 | us-gaap |
Cash
Cash
|
66865000 | USD |
CY2020Q4 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
60005000 | USD |
CY2020Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
0 | USD |
CY2021Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
700000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
334000 | USD |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | USD |
CY2021Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2893000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2053000 | USD |
CY2021Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
648000 | USD |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
573000 | USD |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2245000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1480000 | USD |
CY2021Q1 | us-gaap |
Depreciation
Depreciation
|
75000 | USD |
CY2020Q1 | us-gaap |
Depreciation
Depreciation
|
19000 | USD |
CY2021Q1 | vxrt |
Impairment Of Property And Equipment
ImpairmentOfPropertyAndEquipment
|
0 | USD |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
6350000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
6838000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
20380000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
20380000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
5452000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
5019000 | USD |
CY2021Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
14928000 | USD |
CY2020Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
15361000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
433000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
433000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1299000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1731000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1732000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1732000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1731000 | USD |
CY2021Q1 | vxrt |
Finitelived Intangible Asset Expected Amortization After Year Four
FinitelivedIntangibleAssetExpectedAmortizationAfterYearFour
|
6703000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
14928000 | USD |
CY2021Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1044000 | USD |
CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1618000 | USD |
CY2021Q1 | vxrt |
Accrued Clinical And Manufacturing Expenses Current
AccruedClinicalAndManufacturingExpensesCurrent
|
889000 | USD |
CY2020Q4 | vxrt |
Accrued Clinical And Manufacturing Expenses Current
AccruedClinicalAndManufacturingExpensesCurrent
|
1772000 | USD |
CY2021Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
906000 | USD |
CY2020Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
777000 | USD |
CY2021Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
337000 | USD |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
632000 | USD |
CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
3176000 | USD |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4799000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
232000 | USD |
CY2020Q4 | vxrt |
Contract With Customer Asset Revenue Recognized
ContractWithCustomerAssetRevenueRecognized
|
219000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
0 | USD |
CY2020Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
13000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0992 | pure |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y11M15D | |
CY2021Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
6634000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2006000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4628000 | USD |
CY2021Q1 | vxrt |
Lessee Finance Lease Number Of Leases
LesseeFinanceLeaseNumberOfLeases
|
0 | pure |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1887000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1801000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1585000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1641000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1112000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
8026000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1392000 | USD |
CY2021Q1 | us-gaap |
Short Term Lease Commitment Amount
ShortTermLeaseCommitmentAmount
|
0 | USD |
CY2021Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
662000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
189000 | USD |
CY2021Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
60000 | USD |
CY2020Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
3000 | USD |
CY2021Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
293000 | USD |
CY2020Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
11000 | USD |
CY2021Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
36000 | USD |
CY2020Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
54000 | USD |
CY2021Q1 | us-gaap |
Lease Cost
LeaseCost
|
979000 | USD |
CY2020Q1 | us-gaap |
Lease Cost
LeaseCost
|
149000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
934000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
237000 | USD |
CY2021Q1 | us-gaap |
Purchase Obligation
PurchaseObligation
|
26800000 | USD |
CY2021Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2021Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q1 | us-gaap |
Dividends
Dividends
|
0 | USD |
CY2021Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
8246279 | |
CY2020Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
9288870 | |
CY2021Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
414252 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1230863 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6813033 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.70 | |
CY2021Q1 | vxrt |
Share Based Compensation Arrangement By Share Based Payment Award Shares Available For Grant Decrease From Grants
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesAvailableForGrantDecreaseFromGrants
|
1163000 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1163000 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
6.27 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
207730 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.11 | |
CY2021Q1 | vxrt |
Share Based Compensation Arrangement By Share Based Payment Award Canceled
ShareBasedCompensationArrangementByShareBasedPaymentAwardCanceled
|
0 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
4139 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
5.17 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
67863 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
7764164 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.28 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
7764164 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.28 | |
CY2021Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y10M28D | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
23500000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
3007780 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
2.65 | |
CY2021Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P8Y5M23D | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
11300000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
231000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
207730 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
1100000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
18000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
23606 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
25000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16007000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1297000 | USD |
CY2021Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
115422628 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
60677145 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.14 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
CY2021Q1 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | USD |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7457452 | |
CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
34833292 |