2021 Q1 Form 10-Q Financial Statement

#000143774921011133 Filed on May 06, 2021

View on sec.gov

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%

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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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29859000 USD
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0 USD
CY2020Q1 vxrt Issuance Of Warrants To Placement Agents Designees
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453000 USD
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CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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1 pure
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<p style="font-family: &quot;Times New Roman&quot;, 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: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"> </p>
CY2021Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family: &quot;Times New Roman&quot;, 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
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5000 USD
CY2021Q1 vxrt Investments And Cash Fair Value Disclosure
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157311000 USD
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13385000 USD
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6554000 USD
CY2020Q4 us-gaap Cash
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66865000 USD
CY2020Q4 us-gaap Money Market Funds At Carrying Value
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60005000 USD
CY2020Q4 us-gaap Marketable Securities
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0 USD
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700000 USD
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334000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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0 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
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2893000 USD
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2053000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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648000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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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
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75000 USD
CY2020Q1 us-gaap Depreciation
Depreciation
19000 USD
CY2021Q1 vxrt Impairment Of Property And Equipment
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0 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
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6350000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
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6838000 USD
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20380000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
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20380000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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5452000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5019000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
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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
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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
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889000 USD
CY2020Q4 vxrt Accrued Clinical And Manufacturing Expenses Current
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1772000 USD
CY2021Q1 us-gaap Accrued Professional Fees Current
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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
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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
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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
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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
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-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

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