20-F/A Filing

RENALYTIX PLC CIK: 1811115 FY 2020

Filing Information

Form Type	20-F/A
Accession Number	`0001193125-20-289263`
Period End Date	20200630
Filing Date	20201110
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	rnlx-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 29 Cash Flow Statement 69 Stockholders Equity 17

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	0.00	GBP	Point-in-time
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	0.00	GBP	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	62.44M	shares	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	56.01M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.00K	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.29M	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	53.82M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	59.42M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	59.42M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	20.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$982.00K	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$994.00K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	53.82M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$551.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$33.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$227.00K	USD	Point-in-time
Receivable from affiliate	`DueFromAffiliateCurrent`	$18.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$115.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.66M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$278.00K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCostsNonCurrent`	$2.36M	USD	Point-in-time
Investment in affiliate	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.94M	USD	Point-in-time
Note receivable from affiliate	`NotesReceivableRelatedPartiesNoncurrent`	$83.00K	USD	Point-in-time
Total assets	`Assets`	$115.00K	USD	Point-in-time
Total assets	`Assets`	$9.70M	USD	Point-in-time
Total assets	`Assets`	$20.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$317.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.22M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$169.00K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$683.00K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$832.00K	USD	Point-in-time
Note payable current	`ShortTermBankLoansAndNotesPayable`	$120.00K	USD	Point-in-time
Payable to affiliate - current	`DueToAffiliateCurrent`	$271.00K	USD	Point-in-time
Note payable to EKF	`NotesPayableRelatedPartiesClassifiedCurrent`	$438.00K	USD	Point-in-time
Note payable to EKF	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$617.00K	USD	Point-in-time
Payable to affiliate - non-current	`DueToAffiliateNoncurrent`	$1.54M	USD	Point-in-time
Note payable - noncurrent	`NotesPayableToBankNoncurrent`	$135.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$4.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$617.00K	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares, 0.0025 par value per share: 62,444,992 and 56,011,831 shares authorized at June 30, 2020 and June 30, 2019, respectively; 59,416,134, 53,816,134 and 20,000,000 shares issued and outstanding at June 30, 2020, 2019 and 2018, respectively	`CommonStockValue`	$66.00K	USD	Point-in-time
Ordinary shares, 0.0025 par value per share: 62,444,992 and 56,011,831 shares authorized at June 30, 2020 and June 30, 2019, respectively; 59,416,134, 53,816,134 and 20,000,000 shares issued and outstanding at June 30, 2020, 2019 and 2018, respectively	`CommonStockValue`	$179.00K	USD	Point-in-time
Ordinary shares, 0.0025 par value per share: 62,444,992 and 56,011,831 shares authorized at June 30, 2020 and June 30, 2019, respectively; 59,416,134, 53,816,134 and 20,000,000 shares issued and outstanding at June 30, 2020, 2019 and 2018, respectively	`CommonStockValue`	$162.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$52.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$69.65M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-822.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-572.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-52.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-42.87M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$15.91M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$8.55M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$-502.00K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	-	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$9.70M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$115.00K	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$20.83M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Acquired in-process research and development	`ResearchAndDevelopmentInProcess`	$35.29M	USD	Annual
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$4.32M	USD	Annual
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$193.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$4.57M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$2.74M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$5.75M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$374.00K	USD	1 Quarter
Total operating expenses and loss from operations	`OperatingIncomeLoss`	$-42.34M	USD	Annual
Total operating expenses and loss from operations	`OperatingIncomeLoss`	$-567.00K	USD	1 Quarter
Total operating expenses and loss from operations	`OperatingIncomeLoss`	$-10.31M	USD	Annual
Equity in losses of affiliate	`IncomeLossFromEquityMethodInvestments`	$-63.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$38.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-5.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$534.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-572.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.84M	USD	Annual
Net loss	`NetIncomeLoss`	$-42.30M	USD	Annual
Foreign exchange translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-378.00K	USD	Annual
Foreign exchange translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-826.00K	USD	Annual
Foreign exchange translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.00K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-10.22M	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-43.13M	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-568.00K	USD	1 Quarter
Net loss per ordinary sharebasic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Net loss per ordinary sharebasic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.17	USD	Annual
Net loss per ordinary sharebasic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.99	USD	Annual
Weighted average ordinary sharesbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	59.08M	shares	Annual
Weighted average ordinary sharesbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.56M	shares	Annual
Weighted average ordinary sharesbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.00M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-572.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.84M	USD	Annual
Net loss	`NetIncomeLoss`	$-42.30M	USD	Annual
Non-cash in-process research and development charge	`ResearchAndDevelopmentInProcess`	$35.29M	USD	Annual
Depreciation	`DepreciationDepletionAndAmortization`	$70.00K	USD	Annual
Depreciation	`DepreciationDepletionAndAmortization`	$31.00K	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$1.16M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$525.00K	USD	Annual
Realized gain on short-term investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$128.00K	USD	Annual
Realized gain on short-term investments	`DebtAndEquitySecuritiesRealizedGainLoss`	$24.00K	USD	Annual
Equity losses in affiliate	`IncomeLossFromEquityMethodInvestments`	$-63.00K	USD	Annual
Unrealized foreign exchange gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$213.00K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$35.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$197.00K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$325.00K	USD	Annual
Related party receivable	`IncreaseDecreaseInDueFromRelatedParties`	$18.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$303.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$355.00K	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$170.00K	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$221.00K	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-456.00K	USD	Annual
Payable to affiliate	`IncreaseDecreaseInDueToAffiliates`	$-185.00K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.16M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.52M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-427.00K	USD	1 Quarter
Note receivable affiliate	`OriginationOfNotesReceivableFromRelatedParties`	-	USD	1 Quarter
Note receivable affiliate	`OriginationOfNotesReceivableFromRelatedParties`	$83.00K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$309.00K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$804.00K	USD	Annual
Software development costs	`PaymentsToDevelopSoftware`	$427.00K	USD	Annual
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$21.26M	USD	Annual
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$4.97M	USD	Annual
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$21.40M	USD	Annual
Proceeds from short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$4.00M	USD	Annual
Acquired in-process research and development	`PaymentsToAcquireInProcessResearchAndDevelopment`	$11.02M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.30M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.17M	USD	Annual
Gross proceeds from the issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$29.11M	USD	Annual
Gross proceeds from the issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$66.00K	USD	1 Quarter
Gross proceeds from the issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$17.28M	USD	Annual
Payment of offering costs	`PaymentOfFinancingAndStockIssuanceCosts`	$1.59M	USD	Annual
Payment of offering costs	`PaymentOfFinancingAndStockIssuanceCosts`	$1.29M	USD	Annual
Proceeds from related-party notes	`ProceedsFromRelatedPartyDebt`	$633.00K	USD	Annual
Proceeds from related-party notes	`ProceedsFromRelatedPartyDebt`	$442.00K	USD	1 Quarter
Proceeds from PPP Loan	`ProceedsFromIssuanceOfOtherLongTermDebt`	$255.00K	USD	Annual
Repayment of related-party notes	`RepaymentsOfRelatedPartyDebt`	$1.07M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$508.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$15.94M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.38M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-808.00K	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-150.00K	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.12M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$82.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.09M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$82.00K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$8.20M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$13.29M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$82.00K	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$8.20M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$13.29M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$21.00K	USD	Annual
Ordinary shares issued to acquire Joslin license	`StockIssued1`	$24.29M	USD	Annual
Financing costs in accounts payable and accrued expenses	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$1.63M	USD	Annual
Financing costs in accounts payable and accrued expenses	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$450.00K	USD	Annual
Software development costs in accounts payable and accrued expenses	`SoftwareDevelopmentCostsIncurredButNotPaid`	$177.00K	USD	Annual
Purchases of property and equipment in accounts payable.	`CapitalExpendituresIncurredButNotYetPaid`	$56.00K	USD	Annual
Fair value of services exchanged for equity method investment of which services are recorded as the payable to affiliate	`FairValueOfServicesExchangedForEquityMethodInvestment`	$2.00M	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$15.91M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.55M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-502.00K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	-	USD	Point-in-time
Issuance of ordinary shares upon formation	`StockIssuedDuringPeriodValueOther`	$66.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$525.00K	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$1.16M	USD	Annual
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-378.00K	USD	Annual
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-826.00K	USD	Annual
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-572.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.84M	USD	Annual
Net loss	`NetIncomeLoss`	$-42.30M	USD	Annual
Ending balance	`StockholdersEquity`	$15.91M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.55M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-502.00K	USD	Point-in-time
Ending balance	`StockholdersEquity`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.