2019 Q3 Form 10-Q Financial Statement

#000169853019000125 Filed on August 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q2
Revenue $527.0K $434.0K $19.00K
YoY Change 824.56% 2184.21% -99.29%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.230M $1.990M $1.990M
YoY Change 16.15% 0.0% -5.69%
% of Gross Profit
Research & Development $4.245M $3.433M $3.835M
YoY Change 6.1% -10.48% 16.18%
% of Gross Profit
Depreciation & Amortization $100.0K $80.00K $90.00K
YoY Change 11.11% -11.11% 80.0%
% of Gross Profit
Operating Expenses $6.473M $5.418M $5.823M
YoY Change 9.34% -6.96% 7.61%
Operating Profit -$5.946M -$4.984M -$5.804M
YoY Change 1.42% -14.13% 113.7%
Interest Expense $203.0K $203.0K $166.0K
YoY Change 19.41% 22.29% -21.33%
% of Operating Profit
Other Income/Expense, Net $130.0K -$236.0K -$1.021M
YoY Change -75.88% -76.89% 280.97%
Pretax Income -$5.820M -$5.220M -$6.830M
YoY Change 9.4% -23.57% 129.19%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.816M -$5.220M -$6.825M
YoY Change 9.24% -23.52% 128.72%
Net Earnings / Revenue -1103.61% -1202.76% -35921.05%
Basic Earnings Per Share
Diluted Earnings Per Share -$90.02K -$117.6K -$173.1K
COMMON SHARES
Basic Shares Outstanding 75.99M shares 44.37M shares 39.45M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.40M $17.20M $16.40M
YoY Change 117.28% 4.88%
Cash & Equivalents $70.39M $17.18M $16.38M
Short-Term Investments
Other Short-Term Assets $1.300M $1.600M $1.600M
YoY Change -31.58% 0.0%
Inventory
Prepaid Expenses $683.0K $795.0K
Receivables $0.00 $0.00 $22.00K
Other Receivables $0.00 $0.00 $100.0K
Total Short-Term Assets $71.75M $18.76M $18.07M
YoY Change 108.8% 3.8%
LONG-TERM ASSETS
Property, Plant & Equipment $1.597M $963.0K $1.206M
YoY Change 41.33% -20.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $456.0K $533.0K $64.00K
YoY Change 1325.0% 732.81%
Total Long-Term Assets $2.053M $1.496M $1.270M
YoY Change 76.68% 17.8%
TOTAL ASSETS
Total Short-Term Assets $71.75M $18.76M $18.07M
Total Long-Term Assets $2.053M $1.496M $1.270M
Total Assets $73.81M $20.26M $19.34M
YoY Change 107.75% 4.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.110M $917.0K $1.045M
YoY Change -17.23% -12.25%
Accrued Expenses $2.237M $1.781M $1.652M
YoY Change -26.29% 7.81%
Deferred Revenue $14.00K $541.0K $0.00
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.912M $4.859M $1.570M
YoY Change -0.28% 209.49%
Total Short-Term Liabilities $8.273M $8.098M $4.267M
YoY Change -11.06% 89.78%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $3.333M
YoY Change -100.0%
Other Long-Term Liabilities $144.0K $226.0K $275.0K
YoY Change 242.86% -17.82%
Total Long-Term Liabilities $144.0K $226.0K $3.608M
YoY Change 242.86% -93.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.273M $8.098M $4.267M
Total Long-Term Liabilities $144.0K $226.0K $3.608M
Total Liabilities $8.854M $8.865M $9.441M
YoY Change -14.27% -6.1%
SHAREHOLDERS EQUITY
Retained Earnings -$71.32M -$65.50M -$44.92M
YoY Change 41.95% 45.83%
Common Stock $8.000K $4.000K $4.000K
YoY Change 100.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $64.95M $11.39M $9.902M
YoY Change
Total Liabilities & Shareholders Equity $73.81M $20.26M $19.34M
YoY Change 107.75% 4.72%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income -$5.816M -$5.220M -$6.825M
YoY Change 9.24% -23.52% 128.72%
Depreciation, Depletion And Amortization $100.0K $80.00K $90.00K
YoY Change 11.11% -11.11% 80.0%
Cash From Operating Activities -$5.010M -$4.990M -$4.680M
YoY Change 19.57% 6.62% 35.65%
INVESTING ACTIVITIES
Capital Expenditures -$400.0K -$50.00K -$60.00K
YoY Change 3900.0% -16.67% -57.14%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$400.0K -$50.00K -$60.00K
YoY Change 3900.0% -16.67% -57.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 58.64M 10.00K 0.000
YoY Change 189.44%
NET CHANGE
Cash From Operating Activities -5.010M -4.990M -4.680M
Cash From Investing Activities -400.0K -50.00K -60.00K
Cash From Financing Activities 58.64M 10.00K 0.000
Net Change In Cash 53.23M -5.030M -4.740M
YoY Change 231.44% 6.12% 32.03%
FREE CASH FLOW
Cash From Operating Activities -$5.010M -$4.990M -$4.680M
Capital Expenditures -$400.0K -$50.00K -$60.00K
Free Cash Flow -$4.610M -$4.940M -$4.620M
YoY Change 10.29% 6.93% 39.58%

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CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32000 USD
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
533000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
645000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
39000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
226000 USD
us-gaap Revenues
Revenues
55000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.824
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.867
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.781
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
36000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.832
CY2019Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
381000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-855000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-919000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-33000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
442000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
182000 USD
CY2018Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
736000 USD
CY2019Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
659000 USD
CY2019Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
52000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
52000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
62000 USD
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1382000 USD
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1574000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1354000 USD
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
293000 USD
CY2019Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
795000 USD
CY2018Q4 us-gaap Prepaid Insurance
PrepaidInsurance
353000 USD
CY2019Q2 us-gaap Prepaid Insurance
PrepaidInsurance
120000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2250000 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2326000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1061000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
963000 USD
CY2018Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3835000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7110000 USD
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3433000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6828000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-54994000 USD
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-65500000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
434000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
459000 USD
CY2018Q2 us-gaap Revenues
Revenues
19000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0286
CY2019Q2 us-gaap Revenues
Revenues
434000 USD
us-gaap Revenues
Revenues
459000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
784000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
928000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.91
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
18000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0256
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0272
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0186
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.809
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.844
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
5000794 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3772524 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
231890 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
430965 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.27
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.99
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4891588 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5078873 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.22
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.24
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
4522000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
7330000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
4523000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
2.23
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.45
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
2.86
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.79
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
4450000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y3M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y7M
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
31000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
37000 USD
us-gaap Stock Issued1
StockIssued1
436000 USD
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
11790 shares
CY2018Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
436000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
19975000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
16308000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
9902000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
20952000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
16155000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
11391000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
21009000 USD
CY2018Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
3000 USD
CY2019Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
0 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
91000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
175000 USD
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
39454821 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
39406324 shares
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
44368174 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
44363115 shares
CY2018Q4 xcur Accrued Clinical Contract Research And Manufacturing Costs Current
AccruedClinicalContractResearchAndManufacturingCostsCurrent
102000 USD
CY2019Q2 xcur Accrued Clinical Contract Research And Manufacturing Costs Current
AccruedClinicalContractResearchAndManufacturingCostsCurrent
130000 USD
CY2018Q4 xcur Accruedloanfees
Accruedloanfees
231000 USD
CY2019Q2 xcur Accruedloanfees
Accruedloanfees
331000 USD
CY2019Q2 xcur Common Stock Voting Rightsfor Each Share
CommonStockVotingRightsforEachShare
1 vote_per_share
CY2018Q4 xcur Common Stock Warrant Liability
CommonStockWarrantLiability
797000 USD
CY2019Q2 xcur Common Stock Warrant Liability
CommonStockWarrantLiability
541000 USD
xcur Fair Value Assumptions Impact Of10 Percent Change In Expected Volatility Rate
FairValueAssumptionsImpactOf10PercentChangeInExpectedVolatilityRate
48000 USD
xcur Fair Value Assumptions Impact Of10 Percent Change In Fair Value Of Common Stock
FairValueAssumptionsImpactOf10PercentChangeInFairValueOfCommonStock
86000 USD
CY2019Q2 xcur Lease Liability
LeaseLiability
492000 USD
xcur Paymentsfor License Agreements
PaymentsforLicenseAgreements
4008000 USD
CY2019Q2 xcur Retained Earnings Accumulated Deficit Inceptionto Date
RetainedEarningsAccumulatedDeficitInceptiontoDate
-84337000 USD
xcur Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Forfeiture Rate
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsForfeitureRate
0.05
xcur Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Forfeiture Rate
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsForfeitureRate
0.05
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:bold;text-decoration:none;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management bases its estimates on certain assumptions which it believes are reasonable in the circumstance and while actual results could differ from those estimates, management does not believe that any change in those assumptions in the near term would have a significant effect on the Company&#8217;s financial position, results of operations or cash flows. Actual results in future periods could differ from those estimates.</font></div></div>

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