2020 Q1 Form 10-Q Financial Statement
#000169853020000034 Filed on May 14, 2020
Income Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
Revenue | $9.183M | $25.00K |
YoY Change | 36632.0% | -30.56% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $2.570M | $2.210M |
YoY Change | 16.29% | 7.8% |
% of Gross Profit | ||
Research & Development | $6.075M | $3.395M |
YoY Change | 78.94% | 3.66% |
% of Gross Profit | ||
Depreciation & Amortization | $150.0K | $90.00K |
YoY Change | 66.67% | 0.0% |
% of Gross Profit | ||
Operating Expenses | $8.649M | $5.603M |
YoY Change | 54.36% | 5.32% |
Operating Profit | $534.0K | -$5.578M |
YoY Change | -109.57% | 5.56% |
Interest Expense | $128.0K | $183.0K |
YoY Change | -30.05% | 13.66% |
% of Operating Profit | 23.97% | |
Other Income/Expense, Net | $616.0K | $292.0K |
YoY Change | 110.96% | -229.78% |
Pretax Income | $1.150M | -$5.290M |
YoY Change | -121.74% | -3.99% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | |
Net Earnings | $1.150M | -$5.286M |
YoY Change | -121.76% | -4.05% |
Net Earnings / Revenue | 12.52% | -21144.0% |
Basic Earnings Per Share | $0.01 | -$0.12 |
Diluted Earnings Per Share | $0.01 | -$0.12 |
COMMON SHARES | ||
Basic Shares Outstanding | 87.08M shares | 44.36M shares |
Diluted Shares Outstanding | 88.24M shares | 44.36M shares |
Balance Sheet
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $98.80M | $22.20M |
YoY Change | 345.05% | 5.21% |
Cash & Equivalents | $24.58M | $22.20M |
Short-Term Investments | $74.20M | |
Other Short-Term Assets | $2.500M | $1.400M |
YoY Change | 78.57% | -26.32% |
Inventory | ||
Prepaid Expenses | $1.219M | $559.0K |
Receivables | $27.00K | $3.000K |
Other Receivables | $400.0K | $0.00 |
Total Short-Term Assets | $101.7M | $23.62M |
YoY Change | 330.83% | 2.47% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.298M | $977.0K |
YoY Change | 135.21% | -23.37% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.487M | $645.0K |
YoY Change | 130.54% | 1915.63% |
Total Long-Term Assets | $3.785M | $1.568M |
YoY Change | 141.39% | 19.97% |
TOTAL ASSETS | ||
Total Short-Term Assets | $101.7M | $23.62M |
Total Long-Term Assets | $3.785M | $1.568M |
Total Assets | $105.5M | $25.18M |
YoY Change | 319.03% | 3.41% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.392M | $848.0K |
YoY Change | 300.0% | -12.94% |
Accrued Expenses | $1.268M | $1.786M |
YoY Change | -29.0% | 41.19% |
Deferred Revenue | $975.0K | |
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $0.00 | $4.807M |
YoY Change | -100.0% | 519.46% |
Total Short-Term Liabilities | $20.37M | $8.221M |
YoY Change | 147.82% | 172.67% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Long-Term Liabilities | $0.00 | $381.0K |
YoY Change | -100.0% | 37.55% |
Total Long-Term Liabilities | $0.00 | $381.0K |
YoY Change | -100.0% | -91.3% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $20.37M | $8.221M |
Total Long-Term Liabilities | $0.00 | $381.0K |
Total Liabilities | $20.42M | $9.029M |
YoY Change | 126.1% | 12.22% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$80.15M | -$60.28M |
YoY Change | 32.96% | 58.26% |
Common Stock | $9.000K | $4.000K |
YoY Change | 125.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $85.11M | $16.16M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $105.5M | $25.18M |
YoY Change | 319.03% | 3.41% |
Cashflow Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $1.150M | -$5.286M |
YoY Change | -121.76% | -4.05% |
Depreciation, Depletion And Amortization | $150.0K | $90.00K |
YoY Change | 66.67% | 0.0% |
Cash From Operating Activities | -$7.847M | -$4.012M |
YoY Change | 95.59% | -13.66% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $577.0K | $8.000K |
YoY Change | 7112.5% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$11.93M | |
YoY Change | ||
Cash From Investing Activities | -$12.50M | -$8.000K |
YoY Change | 156187.5% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $2.973M | $0.00 |
YoY Change | ||
Debt Paid & Issued, Net | $4.999M | $0.00 |
YoY Change | ||
Cash From Financing Activities | -$2.333M | -$52.00K |
YoY Change | 4386.54% | -842.86% |
NET CHANGE | ||
Cash From Operating Activities | -$7.847M | -$4.012M |
Cash From Investing Activities | -$12.50M | -$8.000K |
Cash From Financing Activities | -$2.333M | -$52.00K |
Net Change In Cash | -$22.68M | -$4.072M |
YoY Change | 457.05% | -12.24% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$7.847M | -$4.012M |
Capital Expenditures | $577.0K | $8.000K |
Free Cash Flow | -$8.424M | -$4.020M |
YoY Change | 109.55% | -13.49% |
Facts In Submission
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|
31087000 | USD |
CY2020Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
20373000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
4965000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-52000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2333000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-8000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-12503000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4012000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7847000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5286000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1150000 | USD |
CY2019Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
292000 | USD |
CY2020Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
616000 | USD |
CY2019Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
5603000 | USD |
CY2020Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
8649000 | USD |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5578000 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
534000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
84000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
84000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
275000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
292000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
275000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
59000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
0 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
277000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.161 | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y11M | |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
114000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
356000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
285000 | USD |
CY2020Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1487000 | USD |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
454000 | USD |
CY2020Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
137000 | USD |
CY2019Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
32000 | USD |
CY2020Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
2000 | USD |
CY2019Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
388000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
0 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
10000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
0 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
10000 | USD |
CY2019Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
59000 | USD |
CY2020Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
0 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
369000 | USD |
CY2020Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
345000 | USD |
CY2019Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
36000 | USD |
CY2020Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
84000 | USD |
CY2019Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
705000 | USD |
CY2020Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
920000 | USD |
CY2019Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
52000 | USD |
CY2020Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
100000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
0 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
21926000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
577000 | USD |
CY2019Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2019Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2019Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1955000 | USD |
CY2020Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2906000 | USD |
CY2019Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
481000 | USD |
CY2020Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1219000 | USD |
CY2019Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
533000 | USD |
CY2020Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
369000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2973000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
10000000 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3416000 | USD |
CY2020Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3764000 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2099000 | USD |
CY2020Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2298000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD |
CY2020Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
4999000 | USD |
CY2019Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3395000 | USD |
CY2020Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6075000 | USD |
CY2019Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | USD |
CY2020Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
1200000 | USD |
CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-81297000 | USD |
CY2020Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-80147000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
25000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9183000 | USD |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
25000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
9183000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
489000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
441000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
2.80 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0256 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0168 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
4164925 | shares |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.06 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1211704 | shares |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.01 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.89 | |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5697714 | shares |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6909418 | shares |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.34 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.15 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
1461000 | USD |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
4625000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
1492000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
6693125 | shares |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
2.15 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.27 | |
CY2019Q1 | us-gaap |
Share Price
SharePrice
|
2.80 | |
CY2020Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
1172000 | USD |
CY2020Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y7M | |
CY2019 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y8M12D | |
CY2020Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y1M6D | |
CY2020Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P7Y | |
CY2019Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
62326000 | USD |
CY2020Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
74223000 | USD |
CY2019Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
6000 | USD |
CY2020Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
38000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2766000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20952000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16155000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
80747000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
85114000 | USD |
CY2019Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
19000 | USD |
CY2020Q1 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
11000 | USD |
CY2019Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
84000 | USD |
CY2020Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
57000 | USD |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
44358000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
88244632 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
44358000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
87079160 | shares |
CY2019Q4 | xcur |
Accrued Clinical Contract Research And Manufacturing Costs Current
AccruedClinicalContractResearchAndManufacturingCostsCurrent
|
515000 | USD |
CY2020Q1 | xcur |
Accrued Clinical Contract Research And Manufacturing Costs Current
AccruedClinicalContractResearchAndManufacturingCostsCurrent
|
152000 | USD |
CY2020Q1 | xcur |
Common Stock Voting Rightsfor Each Share
CommonStockVotingRightsforEachShare
|
1 | vote_per_share |
CY2019Q4 | xcur |
Common Stock Warrant Liability
CommonStockWarrantLiability
|
414000 | USD |
CY2020Q1 | xcur |
Common Stock Warrant Liability
CommonStockWarrantLiability
|
42000 | USD |
CY2020Q1 | xcur |
Debt Securities Available For Sale Current Percent
DebtSecuritiesAvailableForSaleCurrentPercent
|
0.64 | |
CY2020Q1 | xcur |
Debt Securities Available For Sale Noncurrent Percent
DebtSecuritiesAvailableForSaleNoncurrentPercent
|
0.36 | |
CY2020Q1 | xcur |
Debt Securities Availablefor Sale Percent
DebtSecuritiesAvailableforSalePercent
|
1.00 | |
CY2020Q1 | xcur |
Fair Value Assumptions Impact Of10 Percent Change In Expected Volatility Rate
FairValueAssumptionsImpactOf10PercentChangeInExpectedVolatilityRate
|
18000 | USD |
CY2020Q1 | xcur |
Fair Value Assumptions Impact Of10 Percent Change In Fair Value Of Common Stock
FairValueAssumptionsImpactOf10PercentChangeInFairValueOfCommonStock
|
19000 | USD |
CY2020Q1 | xcur |
Lessee Operating Lease Lease Not Yet Commenced Annual Base Rate Initial Twelve Months
LesseeOperatingLeaseLeaseNotYetCommencedAnnualBaseRateInitialTwelveMonths
|
37.00 | |
CY2020Q1 | xcur |
Lessee Operating Lease Lease Not Yet Commenced Annual Rent Payment Initial Twelve Months
LesseeOperatingLeaseLeaseNotYetCommencedAnnualRentPaymentInitialTwelveMonths
|
1113000 | USD |
CY2020Q1 | xcur |
Lessee Operating Lease Lease Not Yet Commenced Base Rent Annual Percentage Increase
LesseeOperatingLeaseLeaseNotYetCommencedBaseRentAnnualPercentageIncrease
|
0.03 | |
CY2020Q1 | xcur |
Lessee Operating Lease Lease Not Yet Commenced Estimated Rental Payment Over Original Term
LesseeOperatingLeaseLeaseNotYetCommencedEstimatedRentalPaymentOverOriginalTerm
|
12761000 | USD |
CY2020Q1 | xcur |
Lessee Operating Lease Lease Not Yet Commenced Landlord Contribution Towards Tenant Improvement
LesseeOperatingLeaseLeaseNotYetCommencedLandlordContributionTowardsTenantImprovement
|
3159000 | USD |
CY2020Q1 | xcur |
Lessee Operating Lease Lease Not Yet Commenced Lease Area
LesseeOperatingLeaseLeaseNotYetCommencedLeaseArea
|
30000 | sqft |
CY2020Q1 | xcur |
Lessee Operating Lease Lease Not Yet Commenced Numberof Extensions
LesseeOperatingLeaseLeaseNotYetCommencedNumberofExtensions
|
2 | squarefeet |
CY2020Q1 | xcur |
Lessee Operating Lease Lease Not Yet Commenced Rental Payment Adjusted For Abatement
LesseeOperatingLeaseLeaseNotYetCommencedRentalPaymentAdjustedForAbatement
|
87000 | USD |
CY2019Q1 | xcur |
Payments Of Common Stock Financing Costs
PaymentsOfCommonStockFinancingCosts
|
0 | USD |
CY2020Q1 | xcur |
Payments Of Common Stock Financing Costs
PaymentsOfCommonStockFinancingCosts
|
207000 | USD |
CY2020Q1 | xcur |
Paymentsfor License Agreements
PaymentsforLicenseAgreements
|
8198000 | USD |
CY2020Q1 | xcur |
Percentageof Researchand Development Staff Onsiteat Any One Time
PercentageofResearchandDevelopmentStaffOnsiteatAnyOneTime
|
0.50 | |
CY2020Q1 | xcur |
Retained Earnings Accumulated Deficit Inceptionto Date
RetainedEarningsAccumulatedDeficitInceptiontoDate
|
-98984000 | USD |
CY2019Q1 | xcur |
Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Forfeiture Rate
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsForfeitureRate
|
0.05 | |
CY2020Q1 | xcur |
Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Forfeiture Rate
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsForfeitureRate
|
0.05 | |
CY2020Q1 | 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 circumstances 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’s financial position, results of operations or cash flows. Actual results in future periods could differ from those estimates.</font></div></div> |