2023 Q4 Form 10-Q Financial Statement
#000149315223041185 Filed on November 14, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.519M | $2.229M | $3.500M |
YoY Change | -56.6% | 110.26% | 207.02% |
% of Gross Profit | |||
Research & Development | $257.1K | $673.9K | $399.9K |
YoY Change | -35.71% | -71.08% | -36.52% |
% of Gross Profit | |||
Depreciation & Amortization | $2.600K | -$2.200K | $532.00 |
YoY Change | 388.72% | ||
% of Gross Profit | |||
Operating Expenses | $1.776M | $2.903M | $820.1K |
YoY Change | 116.59% | 194.51% | 251.66% |
Operating Profit | -$2.903M | -$820.1K | |
YoY Change | 194.51% | ||
Interest Expense | -$100.00 | -$210.00 | -$240.0K |
YoY Change | -99.96% | -100.06% | 4319.89% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$13.93M | -$2.903M | -$5.420M |
YoY Change | 157.1% | 359.65% | 1599.06% |
Income Tax | -$596.1K | -$485.00 | -$745.1K |
% Of Pretax Income | |||
Net Earnings | -$13.34M | -$2.902M | -$75.02K |
YoY Change | 17680.4% | 327.4% | -76.48% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.09 | -$0.01 | |
Diluted Earnings Per Share | -$5.96 | -$0.09 | -$0.51 |
COMMON SHARES | |||
Basic Shares Outstanding | 43.52M shares | 30.89M shares | 9.016M shares |
Diluted Shares Outstanding | 30.98M shares | 257.6K shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $3.138M | $1.579M | $5.900M |
YoY Change | -46.82% | 639.24% | 535.78% |
Cash & Equivalents | $3.138M | $1.579M | $5.902M |
Short-Term Investments | |||
Other Short-Term Assets | $215.5K | $426.5K | $400.0K |
YoY Change | -46.14% | 89.56% | 58.73% |
Inventory | |||
Prepaid Expenses | $225.3K | ||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $3.353M | $2.005M | $6.363M |
YoY Change | -47.3% | 357.23% | 439.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.933K | $9.533K | $17.33K |
YoY Change | -60.0% | ||
Goodwill | $11.90M | ||
YoY Change | |||
Intangibles | $30.81M | $100.1M | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $18.65M | $0.00 | $100.1M |
YoY Change | -81.37% | -100.0% | 31.76% |
Total Long-Term Assets | $18.76M | $30.85M | $112.1M |
YoY Change | -83.27% | -60.93% | 47.63% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.353M | $2.005M | $6.363M |
Total Long-Term Assets | $18.76M | $30.85M | $112.1M |
Total Assets | $22.11M | $32.85M | $118.5M |
YoY Change | -81.34% | -58.62% | 53.62% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.432M | $8.898M | $6.026M |
YoY Change | 39.93% | 36.89% | |
Accrued Expenses | $1.755M | $2.775M | $2.054M |
YoY Change | -14.56% | 70.78% | 925.51% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $10.19M | $11.71M | $8.188M |
YoY Change | 24.51% | 620.39% | 2857.7% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $10.19M | $11.71M | $8.188M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $11.04M | $13.15M | $18.51M |
YoY Change | -40.36% | 162.96% | 406.92% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$103.2M | -$89.90M | -$4.921M |
YoY Change | 1997.45% | 2061.48% | 117.87% |
Common Stock | $405.00 | $4.353K | $902.00 |
YoY Change | -55.1% | 13503.13% | 2718.75% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $7.168K | $7.168K | |
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $11.07M | $19.70M | $99.66M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.11M | $32.85M | $118.5M |
YoY Change | -81.34% | -58.62% | 53.62% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$13.34M | -$2.902M | -$75.02K |
YoY Change | 17680.4% | 327.4% | -76.48% |
Depreciation, Depletion And Amortization | $2.600K | -$2.200K | $532.00 |
YoY Change | 388.72% | ||
Cash From Operating Activities | -$2.787M | -$933.5K | -$3.394M |
YoY Change | -17.87% | 638.04% | 493.34% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 4.346M | 2.290M | |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -2.787M | -933.5K | -$3.394M |
Cash From Investing Activities | |||
Cash From Financing Activities | 4.346M | 2.290M | |
Net Change In Cash | 1.559M | 1.357M | -$3.394M |
YoY Change | -145.93% | -1172.52% | -719.32% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.787M | -$933.5K | -$3.394M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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CY2023Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
32373 | usd |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
7948209 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2934776 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-92907655 | usd | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.09 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.09 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-4.79 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-4.79 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
30978540 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
30978540 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19403027 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19403027 | shares | |
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | ||
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
99662997 | usd |
CY2023Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
331331 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
395200 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
-34674 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
287461 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3543950 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
97098365 | usd |
CY2023Q2 | ZVSA |
Registered Offering Of Common Stock Value
RegisteredOfferingOfCommonStockValue
|
9831019 | usd |
CY2023Q2 | ZVSA |
Preferred Stock Redeemed Or Called During Period Value
PreferredStockRedeemedOrCalledDuringPeriodValue
|
-10080001 | usd |
CY2023Q2 | ZVSA |
Shares Issued As Consideration For Extension Of Lockup Period Value
SharesIssuedAsConsiderationForExtensionOfLockupPeriodValue
|
1156778 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
210000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
365742 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
-7168 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-78513093 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20061642 | usd |
CY2023Q3 | ZVSA |
Registered Offering Of Common Stock Value
RegisteredOfferingOfCommonStockValue
|
1575938 | usd |
CY2023Q3 | ZVSA |
Adjustments To Additional Paid In Capital Warrant Modification
AdjustmentsToAdditionalPaidInCapitalWarrantModification
|
181891 | usd |
CY2023Q3 | ZVSA |
Preferred Stock Redeemed Or Called During Period Value
PreferredStockRedeemedOrCalledDuringPeriodValue
|
-215048 | usd |
CY2023Q3 | ZVSA |
Exercise Of Prefunded Warrants
ExerciseOfPrefundedWarrants
|
947 | usd |
CY2023Q3 | ZVSA |
Stock Issued During Period Value Warrant Inducement Offer Exercise Proceeds
StockIssuedDuringPeriodValueWarrantInducementOfferExerciseProceeds
|
757647 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
243045 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2902403 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19703659 | usd |
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Predecessor | ||
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-84959446 | usd | |
us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
69280171 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
11895033 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
896248 | usd | |
ZVSA |
Issuance Of Common Stock Pursuant To Vendor
IssuanceOfCommonStockPursuantToVendor
|
605200 | usd | |
ZVSA |
Shares Issued As Consideration For Extension Of Lockup Period
SharesIssuedAsConsiderationForExtensionOfLockupPeriod
|
1156778 | usd | |
us-gaap |
Depreciation
Depreciation
|
7800 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
67293 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-8883001 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
201172 | usd | |
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
46659 | usd | |
ZVSA |
Increase Decrease In Vendor Deposits
IncreaseDecreaseInVendorDeposits
|
235000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2871889 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-74407 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
1122488 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5933467 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
13114555 | usd | |
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
1763584 | usd | |
ZVSA |
Redemption Of Series Preferred Stock
RedemptionOfSeriesPreferredStock
|
10695610 | usd | |
us-gaap |
Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
|
7168 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
947 | usd | |
ZVSA |
Warrant Inducement Offer Exercise Proceeds
WarrantInducementOfferExerciseProceeds
|
966349 | usd | |
ZVSA |
Registration And Issuance Costs Associated With Preferred Stock Issuance
RegistrationAndIssuanceCostsAssociatedWithPreferredStockIssuance
|
5500 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1609989 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-4323478 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5902199 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1578721 | usd |
ZVSA |
Reclassification Of Formerly Redeemable Common Stock
ReclassificationOfFormerlyRedeemableCommonStock
|
331331 | usd | |
ZVSA |
Accounts Payable For Deferred Offering Costs
AccountsPayableForDeferredOfferingCosts
|
44892 | usd | |
ZVSA |
Warant Modification Incremental Value
WarantModificationIncrementalValue
|
181891 | usd | |
ZVSA |
Warrant Inducement Offer Incremental Value
WarrantInducementOfferIncrementalValue
|
134591 | usd | |
CY2023Q3 | us-gaap |
Cash
Cash
|
1600000 | usd |
CY2023Q3 | ZVSA |
Working Capital Deficit
WorkingCapitalDeficit
|
9700000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-85000000.0 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5900000 | usd | |
CY2023Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-89900000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_844_eus-gaap--UseOfEstimates_zz5wT8d8SDEf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_861_zXZbED36IvPk">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the financial statements and the amounts disclosed in the related notes to the financial statements. The Company bases its estimates and judgments on historical experience and on various other assumptions that it believes are reasonable under the circumstances. The amounts of assets and liabilities reported in the Company’s balance sheets and the amounts of expenses reported for each of the periods presented are affected by estimates and assumptions, which are used for, but not limited to, fair value calculations for equity securities, derivative liabilities, share based compensation and acquired intangible assets, as well as establishment of valuation allowances for deferred tax assets. Certain of the Company’s estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
40682895 | shares | |
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | ||
CY2022Q3 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1.94 | |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
|
699324 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
|
1093223 | usd |
CY2022Q4 | ZVSA |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inprocess Research And Development
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInprocessResearchAndDevelopment
|
100086329 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
11895033 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
|
64523 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
|
113139108 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
|
10818204 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
|
11069033 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
|
21887237 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
|
91251871 | usd |
CY2023Q3 | ZVSA |
Milestone Payment Liability
MilestonePaymentLiability
|
500000 | usd |
CY2022Q4 | ZVSA |
Milestone Payment Liability
MilestonePaymentLiability
|
1500000 | usd |
CY2022Q4 | ZVSA |
Note Payable
NotePayable
|
-351579 | usd |
CY2023Q3 | ZVSA |
Note Net
NoteNet
|
500000 | usd |
CY2022Q4 | ZVSA |
Note Net
NoteNet
|
1148421 | usd |
CY2023Q3 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
894416 | usd |
CY2022Q4 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
584226 | usd |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
31969 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
214229 | usd |
CY2023Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
129922 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
106683 | usd |
CY2023Q3 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
1212359 | usd |
CY2023Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
6819 | usd |
CY2023Q3 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
2775485 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
2053559 | usd |
CY2023Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
0 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
0 | usd |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0944 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.0944 | pure | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Terms Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
|
ten | |
CY2023Q1 | ZVSA |
Milestone Payment Description
MilestonePaymentDescription
|
The Company entered into a License Agreement with L&F Research LLC (“L&F Research”) effective December 15, 2015, as amended (the “L&F License Agreement”) pursuant to which L&F granted us an exclusive royalty-bearing, worldwide, sublicensable license under the patent and intellectual property rights and know-how specific to and for the development and commercialization of VAR 200, for the treatment, inhibition or prevention of kidney disease in humans and symptoms thereof, including focal segmental glomerulosclerosis. On February 28, 2023, the Company and L&F executed an Amendment and Restatement Agreement that waived L&F’s right to terminate the L&F License Agreement or any other remedies, for non-payment of the First Milestone Payment, until (a) March 31, 2023 as to $1,000,000 of such milestone payments (“Waiver A”) and (b) January 31, 2024 as to $500,000 milestone payments (“Waiver B”). | |
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | ||
CY2023Q3 | ZVSA |
Operating Lease Asset Amortization
OperatingLeaseAssetAmortization
|
38885 | usd |
ZVSA |
Operating Lease Asset Amortization
OperatingLeaseAssetAmortization
|
116083 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
74405 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y4M2D | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.065 | pure |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
34822 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
472 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
34349 | usd |
CY2023Q2 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
6700000 | usd |
CY2023Q3 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
84315 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
|
2.00 | |
CY2023Q3 | us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
243045 | usd |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
494022 | usd |
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
896249 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3131708 | usd | |
CY2023Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
1324176 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P1Y8M12D | ||
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Terms Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
|
ten | |
CY2023Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
100000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
184426 | usd |
CY2023Q1 | ZVSA |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageRemainingContractualTerm1
|
P3Y | |
CY2023Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
2.11 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Terms Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
|
ten | |
CY2023Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
13000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
23770 | usd |
CY2023Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
2.26 | |
CY2023Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
13000 | shares |
CY2023Q1 | us-gaap |
Shares Issued
SharesIssued
|
5000 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
1453107 | shares |
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
555004 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
499660 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
55344 | usd |
CY2023Q2 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
0.44 | |
CY2023Q3 | us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | |
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1993235 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
10.81 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1566107 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.56 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3559342 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.30 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y7M6D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1968166 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
9.53 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y2M12D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
3559342 | shares |
us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P5Y2M12D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
1968166 | shares |
CY2023Q3 | ZVSA |
Placement Agent Fees
PlacementAgentFees
|
57980 | usd |
CY2023Q3 | us-gaap |
Legal Fees
LegalFees
|
16131 | usd |
CY2023Q3 | ZVSA |
Warrant Modification Costs
WarrantModificationCosts
|
134591 | usd |
CY2023Q3 | ZVSA |
Incremental Fair Value
IncrementalFairValue
|
134591 | usd |
CY2023Q3 | us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | |
CY2022Q3 | us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Predecessor | |
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Successor | ||
us-gaap |
Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
|
Predecessor | ||
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
8628706 | shares |
CY2022Q4 | ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
|
10.75 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
40335199 | shares | |
ZVSA |
Share Based Compensation Arrangements By Share Based Payment Award Non Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.39 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
16592426 | shares | |
ZVSA |
Share Based Compensation Arrangements By Share Based Payment Award Non Options Exercised In Period Weighted Average Exercised Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExercisedInPeriodWeightedAverageExercisedPrice
|
0.15 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
|
97785 | shares | |
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
2.00 | ||
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced Old
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedOld
|
-863500 | shares | |
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced Old In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedOldInPeriodWeightedAverageExercisePrice
|
11.50 | ||
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced New
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedNew
|
4965125 | shares | |
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced New In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedNewInPeriodWeightedAverageExercisePrice
|
2.00 | ||
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced Old Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedOldTwo
|
-1377996 | shares | |
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced Old In Period Weighted Average Exercise Price Old Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedOldInPeriodWeightedAverageExercisePriceOldTwo
|
1.00 | ||
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced New Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedNewTwo
|
1377996 | shares | |
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced New In Period Weighted Average Exercise Price New Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedNewInPeriodWeightedAverageExercisePriceNewTwo
|
0.17 | ||
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced Old Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedOldThree
|
-7121213 | shares | |
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced Old In Period Weighted Average Exercise Price Old Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedOldInPeriodWeightedAverageExercisePriceOldThree
|
0.17 | ||
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced New Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedNewThree
|
7121213 | shares | |
ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Repriced New In Period Weighted Average Exercise Price New Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsRepricedNewInPeriodWeightedAverageExercisePriceNewThree
|
0.14 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
36375319 | shares |
CY2023Q3 | ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
|
2.87 | |
ZVSA |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Warrants Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsWarrantsOutstandingWeightedAverageRemainingContractualTerm2
|
P4Y7M6D | ||
CY2023Q3 | ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
|
29184304 | shares |
CY2023Q3 | ZVSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableWeightedAverageExercisePrice
|
3.52 | |
ZVSA |
Sharebased Compensation Arrangement By Sharebased Payment Award Warrants Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardWarrantsOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y4M24D | ||
CY2023Q1 | ZVSA |
Percentage Of Registration Delay Payments
PercentageOfRegistrationDelayPayments
|
0.015 | pure |
CY2023Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.020 | pure |
CY2023Q1 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
6819 | usd |
CY2023Q3 | ZVSA |
Stock Issued During Period Shares Common Stock Reserved For Issuance
StockIssuedDuringPeriodSharesCommonStockReservedForIssuance
|
4000000 | shares |
CY2023Q3 | ZVSA |
Stock Issued During Period Shares Common Stock Reserved For Issuance
StockIssuedDuringPeriodSharesCommonStockReservedForIssuance
|
5453107 | shares |