2019 Q4 Form 10-K Financial Statement

#000143774921005785 Filed on March 12, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $1.380M $12.84M $0.00
YoY Change
Cost Of Revenue $10.00M
YoY Change
Gross Profit $2.839M
YoY Change
Gross Profit Margin 22.11%
Selling, General & Admin $1.380M $10.82M $2.960M
YoY Change -53.38% -21.25% 13.41%
% of Gross Profit 381.12%
Research & Development $2.470M $19.42M $6.300M
YoY Change -60.79% -53.51% 13.8%
% of Gross Profit 683.87%
Depreciation & Amortization $70.00K $304.0K $70.00K
YoY Change 0.0% -6.17% -22.22%
% of Gross Profit 10.71%
Operating Expenses $5.790M $19.42M $9.270M
YoY Change -37.54% -65.27% 13.74%
Operating Profit -$20.34M
YoY Change -63.62%
Interest Expense -$1.640M $4.858M $4.060M
YoY Change -140.39% -11.17% 181.16%
% of Operating Profit
Other Income/Expense, Net -$4.207M
YoY Change 510.6%
Pretax Income -$6.050M -$24.54M -$5.200M
YoY Change 16.35% -56.63% -50.93%
Income Tax -$10.00K -$22.00K -$20.00K
% Of Pretax Income
Net Earnings -$6.040M -$24.52M -$5.180M
YoY Change 16.6% -56.57% -50.97%
Net Earnings / Revenue -437.68% -191.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.890M -$13.25M -$3.238M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.200M $3.220M $21.70M
YoY Change -85.25% -85.14% -48.58%
Cash & Equivalents $3.217M $3.220M $18.41M
Short-Term Investments $0.00 $0.00 $3.300M
Other Short-Term Assets $1.500M $1.560M $2.100M
YoY Change -28.57% -18.32% -25.0%
Inventory
Prepaid Expenses
Receivables $1.681M $1.870M $0.00
Other Receivables $184.0K $0.00 $140.0K
Total Short-Term Assets $6.972M $6.630M $23.72M
YoY Change -70.61% -72.05% -48.32%
LONG-TERM ASSETS
Property, Plant & Equipment $1.471M $3.010M $1.753M
YoY Change -16.09% 72.0% -12.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $527.0K $870.0K $562.0K
YoY Change -6.23% -31.5% 172.82%
Total Long-Term Assets $3.535M $3.880M $3.025M
YoY Change 16.86% 28.05% -53.89%
TOTAL ASSETS
Total Short-Term Assets $6.972M $6.630M $23.72M
Total Long-Term Assets $3.535M $3.880M $3.025M
Total Assets $10.51M $10.51M $26.75M
YoY Change -60.72% -60.71% -49.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.140M $4.910M $3.715M
YoY Change -69.31% 31.99% 70.65%
Accrued Expenses $700.0K $280.0K $700.0K
YoY Change 0.0% -93.95% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $200.0K $240.0K $3.500M
YoY Change -94.29% -93.24% 0.0%
Total Short-Term Liabilities $5.431M $5.430M $12.00M
YoY Change -54.76% -54.75% 4.3%
LONG-TERM LIABILITIES
Long-Term Debt $77.51M $78.50M
YoY Change -1.26% -12.78%
Other Long-Term Liabilities $168.0K $2.020M $689.0K
YoY Change -75.62% -28.11% -13.22%
Total Long-Term Liabilities $168.0K $79.53M $689.0K
YoY Change -75.62% -2.19% -13.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.431M $5.430M $12.00M
Total Long-Term Liabilities $168.0K $79.53M $689.0K
Total Liabilities $84.96M $84.96M $93.31M
YoY Change -8.95% -8.95% -15.15%
SHAREHOLDERS EQUITY
Retained Earnings -$245.7M -$221.2M
YoY Change 11.09% 34.28%
Common Stock $171.3M $154.6M
YoY Change 10.76% 44.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$74.46M -$74.46M -$66.57M
YoY Change
Total Liabilities & Shareholders Equity $10.51M $10.51M $26.75M
YoY Change -60.72% -60.71% -49.01%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income -$6.040M -$24.52M -$5.180M
YoY Change 16.6% -56.57% -50.97%
Depreciation, Depletion And Amortization $70.00K $304.0K $70.00K
YoY Change 0.0% -6.17% -22.22%
Cash From Operating Activities -$3.100M -$23.74M -$14.99M
YoY Change -79.32% -56.21% 115.99%
INVESTING ACTIVITIES
Capital Expenditures -$10.00K $26.00K -$10.00K
YoY Change 0.0% 23.81%
Acquisitions
YoY Change
Other Investing Activities $0.00 $3.260M $7.980M
YoY Change -100.0% -90.22% -20.36%
Cash From Investing Activities -$10.00K $3.234M $7.960M
YoY Change -100.13% -90.3% -20.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -350.0K 4.939M 23.27M
YoY Change -101.5% -82.37% -77666.67%
NET CHANGE
Cash From Operating Activities -3.100M -23.74M -14.99M
Cash From Investing Activities -10.00K 3.234M 7.960M
Cash From Financing Activities -350.0K 4.939M 23.27M
Net Change In Cash -3.460M -15.56M 16.24M
YoY Change -121.31% -317.74% 434.21%
FREE CASH FLOW
Cash From Operating Activities -$3.100M -$23.74M -$14.99M
Capital Expenditures -$10.00K $26.00K -$10.00K
Free Cash Flow -$3.090M -$23.76M -$14.98M
YoY Change -79.37% -56.18% 115.85%

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<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt; text-align: justify; text-indent: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Concentration of Credit Risk</div></div></div> <div style=" margin: 0pt; text-align: justify; text-indent: 20.4pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</div> <div style=" margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Financial instruments that potentially expose<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> the Company to concentrations of credit risk consist principally of cash on deposit with multiple financial institutions, the balances of which frequently exceed insured limits, and accounts receivable, which are concentrated amongst a limited number of customers.</div></div></div></div></div>
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CY2019 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-1998000
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
96000
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1845000
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
255000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
23000
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
40000
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
23000
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
40000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
194000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
404000
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
205000
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
181000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
6000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
18000
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
11000
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
227000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12794000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24544000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-34000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-22000
CY2020 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
714000
CY2019 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
1725000
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
931000
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3789000
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
140000
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-798000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-160000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-544000
CY2020 us-gaap Interest Expense
InterestExpense
4785000
CY2019 us-gaap Interest Expense
InterestExpense
4858000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
78000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
5362000
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1158000
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
359000
CY2020 us-gaap Lease Cost
LeaseCost
669000
CY2019 us-gaap Lease Cost
LeaseCost
832000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2299000
CY2020Q4 us-gaap Loans Payable Current
LoansPayableCurrent
390000
CY2019Q4 us-gaap Loans Payable Current
LoansPayableCurrent
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
67658000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
77343000
CY2020Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
391000
CY2019Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
CY2020Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0
CY2019Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2739000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4939000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-33000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
3234000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1939000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-23737000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-12760000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-24522000
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7185000
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4207000
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-5609000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
-20337000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
363000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
473000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1914000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2185000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
327000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
284000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1587000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1901000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
447000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
435000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1350000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1537000
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.075
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.075
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
225977000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
624000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
347000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
438000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
527000
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
172000
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
236000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
145000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
168000
CY2020Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
137000
CY2019Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
184000
CY2020 us-gaap Paid In Kind Interest
PaidInKindInterest
4741000
CY2019 us-gaap Paid In Kind Interest
PaidInKindInterest
1417000
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
34000
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
300000
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
84000
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26000
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1481000
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1552000
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
453000
CY2019Q4 us-gaap Prepaid Insurance
PrepaidInsurance
250000
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
781000
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2303000
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
5446000
CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
CY2019 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
3260000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2765000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3031000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1039000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1471000
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8843000
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19415000
CY2020Q4 us-gaap Restricted Cash Equivalents Current
RestrictedCashEquivalentsCurrent
109000
CY2019Q4 us-gaap Restricted Cash Equivalents Current
RestrictedCashEquivalentsCurrent
338000
CY2020Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
53000
CY2019Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-258474000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-245714000
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
13288000
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
12839000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
17000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
757000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
20000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1852000
CY2020 us-gaap Severance Costs1
SeveranceCosts1
828000
CY2019 us-gaap Severance Costs1
SeveranceCosts1
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
2491000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
4410000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
191134
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
113.12
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
372
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
50659
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
92869
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
543021
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
324473
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
355785
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
100.96
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
74.60
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
163506
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
281368
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
92.53
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.22
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
85.14
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
131.61
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.21
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
103581
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y153D
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
164651
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
189859
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y229D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y124D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y321D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
3700000
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4900000
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
5
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
22.88
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
210000
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
232000
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-weight: bold;">Use of Estimates</div></div></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The preparation of financial statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">On an ongoing basis, the Company evaluates its estimates and assumptions, including those related to revenue recognition, the useful lives of property and equipment, the recoverability of long-lived assets, the incremental borrowing rate for leases,&nbsp;and assumptions used for purposes of determining stock-based compensation, income taxes, and the fair value of the derivative and warrant liability, among others. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable, the results of which form the basis for making judgments about the carrying value of assets and liabilities.</div></div></div></div>
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
55000
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
48000
CY2020 us-gaap Variable Lease Payment
VariableLeasePayment
55000
CY2019 us-gaap Variable Lease Payment
VariableLeasePayment
48000
CY2020 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
3980975
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
1853397
CY2019 kmph Increase Decrease In Operating Lease Rightofuse Asset
IncreaseDecreaseInOperatingLeaseRightofuseAsset
1537000
CY2020 kmph Interest And Other Income Expense Net
InterestAndOtherIncomeExpenseNet
89000
CY2019 kmph Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
2185000
CY2020 kmph Increase Decrease In Operating Lease Rightofuse Asset
IncreaseDecreaseInOperatingLeaseRightofuseAsset
-128000
CY2019 kmph Interest And Other Income Expense Net
InterestAndOtherIncomeExpenseNet
309000
CY2020 kmph Lessee Lease Option To Extend Maximum Term
LesseeLeaseOptionToExtendMaximumTerm
P5Y
CY2020 kmph Lessee Lease Option To Terminate Term
LesseeLeaseOptionToTerminateTerm
P1Y
CY2020 kmph Loss On Sublease And Disposal Of Property And Equipment
LossOnSubleaseAndDisposalOfPropertyAndEquipment
251000
CY2019 kmph Loss On Sublease And Disposal Of Property And Equipment
LossOnSubleaseAndDisposalOfPropertyAndEquipment
CY2020Q4 kmph Number Of Manufacturing Arrangements
NumberOfManufacturingArrangements
1
CY2020 kmph Operating And Capital Leases Rent Expense Net
OperatingAndCapitalLeasesRentExpenseNet
600000
CY2019 kmph Operating And Capital Leases Rent Expense Net
OperatingAndCapitalLeasesRentExpenseNet
700000
CY2020Q4 kmph Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
203000
CY2019Q4 kmph Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
231000
CY2020 kmph Property And Equipment Financed Under Lease Agreement
PropertyAndEquipmentFinancedUnderLeaseAgreement
17000
CY2019 kmph Property And Equipment Financed Under Lease Agreement
PropertyAndEquipmentFinancedUnderLeaseAgreement
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4410000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2491000
CY2019 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
151000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2491000
CY2020 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
153000
CY2020 us-gaap Adjustments To Additional Paid In Capital Stock Split
AdjustmentsToAdditionalPaidInCapitalStockSplit
23000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4410000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2305000
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1656000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1248690
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2414332
CY2020Q4 us-gaap Assets
Assets
11209000
CY2019Q4 us-gaap Assets
Assets
10507000
CY2020Q4 us-gaap Assets Current
AssetsCurrent
8382000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
6972000
CY2020Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
CY2019Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
805000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4213000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3217000
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
540000
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
18000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
273000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
304000
CY2020 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-3.21
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-13.23
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
123000
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.085
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
207000
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
124000
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.077
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10816000
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7921000

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