10-K Filing

Dominari Holdings Inc. CIK: 12239 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001213900-22-015575`
Period End Date	20211231
Filing Date	20220328
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	f10k2021_aikidopharma_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 26 Cash Flow Statement 64 Stockholders Equity 22

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$65.56M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.71M	USD	Point-in-time
Marketable securities	`MarketableSecurityCurrent`	$24.80M	USD	Point-in-time
Marketable securities	`MarketableSecurityCurrent`	$11.43M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$215.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$442.00K	USD	Point-in-time
Short-term investments at fair value	`ShortTermInvestments`	$2.27M	USD	Point-in-time
Short-term investments at fair value	`ShortTermInvestments`	-	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable at fair value	`NotesReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Notes receivable at fair value	`NotesReceivableRelatedPartiesCurrent`	$6.98M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Deposits	`DepositsAssetsCurrent`	$4.20M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	89.68M	shares	Point-in-time
Deposits	`DepositsAssetsCurrent`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	34.92M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	89.68M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$90.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.73M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	34.92M	shares	Point-in-time
Convertible note receivable at fair value	`NotesReceivableRelatedPartiesNoncurrent`	-	USD	Point-in-time
Convertible note receivable at fair value	`NotesReceivableRelatedPartiesNoncurrent`	$2.15M	USD	Point-in-time
Investments	`Investments`	$9.46M	USD	Point-in-time
Investments	`Investments`	$2.76M	USD	Point-in-time
Security deposit	`SecurityDeposit`	-	USD	Point-in-time
Security deposit	`SecurityDeposit`	$155.00K	USD	Point-in-time
Total assets	`Assets`	$30.50M	USD	Point-in-time
Total assets	`Assets`	$102.66M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$381.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$567.00K	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$680.00K	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$310.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$877.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$877.00K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 89,681,258 and 34,920,222 shares issued at December 31, 2021 and 2020, respectively; 89,681,255 and 34,920,219 shares outstanding at December 31, 2021 and 2020, respectively	`CommonStockValue`	$3.00K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 89,681,258 and 34,920,222 shares issued at December 31, 2021 and 2020, respectively; 89,681,255 and 34,920,219 shares outstanding at December 31, 2021 and 2020, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$186.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$265.62M	USD	Point-in-time
Treasury stock, at cost, 3 shares at December 31, 2021 and 2020	`TreasuryStockValue`	$264.00K	USD	Point-in-time
Treasury stock, at cost, 3 shares at December 31, 2021 and 2020	`TreasuryStockValue`	$264.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-156.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-163.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$29.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$101.59M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$10.53M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$30.50M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$102.66M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`SellingGeneralAndAdministrativeExpense`	$4.06M	USD	Annual
General and administrative	`SellingGeneralAndAdministrativeExpense`	$7.73M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$1.02M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$559.00K	USD	Annual
Research and development - license acquired	`ResearchAndDevelopmentLicenseAcquired`	$1.15M	USD	Annual
Research and development - license acquired	`ResearchAndDevelopmentLicenseAcquired`	$1.47M	USD	Annual
Total operating expenses	`OperatingExpenses`	$6.55M	USD	Annual
Total operating expenses	`OperatingExpenses`	$9.44M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-6.55M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-9.44M	USD	Annual
Other income	`OtherIncome`	$135.00K	USD	Annual
Other income	`OtherIncome`	$19.00K	USD	Annual
Interest income	`InterestIncomeExpenseNet`	-	USD	Annual
Interest income	`InterestIncomeExpenseNet`	$252.00K	USD	Annual
(Loss) gains on marketable securities	`MarketableSecuritiesGainLoss`	$1.00M	USD	Annual
(Loss) gains on marketable securities	`MarketableSecuritiesGainLoss`	$-1.74M	USD	Annual
Change in fair value of investment	`GainLossOnInvestments`	$-6.81M	USD	Annual
Change in fair value of investment	`GainLossOnInvestments`	$3.63M	USD	Annual
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-5.79M	USD	Annual
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$2.27M	USD	Annual
Net loss	`NetIncomeLoss`	$-7.17M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.34M	USD	Annual
Basic and Diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.44	USD	Annual
Basic and Diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	Annual
Basic and Diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	28.07M	shares	Annual
Basic and Diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	82.40M	shares	Annual

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-7.17M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.34M	USD	Annual
Change in fair value of investment	`ChangeInFairValueOfInvestments`	$-3.63M	USD	Annual
Change in fair value of investment	`ChangeInFairValueOfInvestments`	$6.81M	USD	Annual
Research and development-acquired license, expensed	`ResearchAndDevelopmentacquiredLicenseExpensed`	$1.47M	USD	Annual
Research and development-acquired license, expensed	`ResearchAndDevelopmentacquiredLicenseExpensed`	$1.15M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$84.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$314.00K	USD	Annual
Realized loss (gain) on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$-67.00K	USD	Annual
Realized loss (gain) on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$509.00K	USD	Annual
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-218.00K	USD	Annual
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-3.12M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$227.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$34.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-186.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$499.00K	USD	Annual
Accrued salaries and benefits	`IncreaseDecreaseInAccruedSalaries`	$370.00K	USD	Annual
Accrued salaries and benefits	`IncreaseDecreaseInAccruedSalaries`	$-372.00K	USD	Annual
Interest receivable on convertible note	`IncreaseDecreaseInNotesReceivables`	$252.00K	USD	Annual
Interest receivable on convertible note	`IncreaseDecreaseInNotesReceivables`	-	USD	Annual
Security deposit	`IncreaseDecreaseInSecurityDeposits`	$-155.00K	USD	Annual
Security deposit	`IncreaseDecreaseInSecurityDeposits`	-	USD	Annual
Payable to DatChat	`IncreaseDecreaseInPayablesToDatchat`	-	USD	Annual
Payable to DatChat	`IncreaseDecreaseInPayablesToDatchat`	$150.00K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.02M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.60M	USD	Annual
Purchase of marketable securities	`PurchaseOfMarketableSecurities`	$98.83M	USD	Annual
Purchase of marketable securities	`PurchaseOfMarketableSecurities`	$93.43M	USD	Annual
Sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$74.87M	USD	Annual
Sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$103.04M	USD	Annual
Proceeds from sale of Hoth common shares	`ProceedsFromSaleOfCommonStock`	-	USD	Annual
Proceeds from sale of Hoth common shares	`ProceedsFromSaleOfCommonStock`	$460.00K	USD	Annual
Proceeds from sale of DatChat common shares	`ProceedsFromSaleOfDatChatCommonShares`	-	USD	Annual
Proceeds from sale of DatChat common shares	`ProceedsFromSaleOfDatChatCommonShares`	$900.00K	USD	Annual
Funds to deposit accounts, net	`FundsToDepositAccounts`	$4.20M	USD	Annual
Funds to deposit accounts, net	`FundsToDepositAccounts`	-	USD	Annual
Purchase of short-term investments	`PaymentsToAcquireInvestments`	-	USD	Annual
Purchase of short-term investments	`PaymentsToAcquireInvestments`	$5.67M	USD	Annual
Purchase of research and development licenses	`UnpaidInvestment`	$-617.00K	USD	Annual
Purchase of research and development licenses	`UnpaidInvestment`	$-1.47M	USD	Annual
Purchase of convertible note	`RepaymentOfConvertibleDebt`	-	USD	Annual
Purchase of convertible note	`RepaymentOfConvertibleDebt`	$2.00M	USD	Annual
Purchase of short-term notes	`PaymentsToAcquireShortTermInvestments`	$6.88M	USD	Annual
Purchase of short-term notes	`PaymentsToAcquireShortTermInvestments`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.85M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.96M	USD	Annual
Proceeds from issuance of common stock and warrants, net of offering cost	`ProceedsFromIssuanceCommonStockAndWarrantsNetOfOfferingCost`	$6.56M	USD	Annual
Proceeds from issuance of common stock and warrants, net of offering cost	`ProceedsFromIssuanceCommonStockAndWarrantsNetOfOfferingCost`	$78.22M	USD	Annual
Proceeds from issuance of common stock, net of offering cost	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock, net of offering cost	`ProceedsFromIssuanceOfCommonStock`	$17.84M	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$7.20M	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$84.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$31.61M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$78.30M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$2.62M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$62.85M	USD	Annual
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.71M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.56M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.71M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.56M	USD	Point-in-time
Distribution of Hoth common stock	`DistributionOfHothCommonStock`	-	USD	Annual
Distribution of Hoth common stock	`DistributionOfHothCommonStock`	$269.00K	USD	Annual

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Net of offering costs	`WarrantNetOfferingCosts`	$8.03M	USD	Annual
Net of offering costs	`WarrantNetOfferingCosts`	$941.00K	USD	Annual
Net of offering costs	`NetOfOfferingCostsWarrants`	$1.91M	USD	Annual
Balance	`StockholdersEquity`	$29.62M	USD	Point-in-time
Balance	`StockholdersEquity`	$101.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$10.53M	USD	Point-in-time
Issuance of common stock, common warrants and prefunded warrants, net of offering cost (net of offering costs of $941)	`StockIssuedDuringPeriodValueOther`	$6.56M	USD	Annual
Issuance of common stock, net of offering cost (net of offering costs of $1,905)	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$17.84M	USD	Annual
Common warrant and prefunded warrant exercise	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$7.20M	USD	Annual
Distribution of Hoth common stock	`DistributionOfHothCommonStock`	-	USD	Annual
Distribution of Hoth common stock	`DistributionOfHothCommonStock`	$269.00K	USD	Annual
Issuance of common stock and warrants (net of offering costs of $8,031)	`StockIssuedDuringPeriodValueOfCommonStockAndWarrants`	$78.22M	USD	Annual
Exercise of warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$84.00K	USD	Annual
Issuance of common stock for research and development license acquired	`StockIssuedDuringPeriodValueIssuedForResearchAndDevelopmentLicenseAcquired`	$531.00K	USD	Annual
Conversion of Series D Preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition`	$84.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition`	$314.00K	USD	Annual
Net loss	`ProfitLoss`	$-12.34M	USD	Annual
Net loss	`ProfitLoss`	$-7.17M	USD	Annual
Balance	`StockholdersEquity`	$29.62M	USD	Point-in-time
Balance	`StockholdersEquity`	$101.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$10.53M	USD	Point-in-time

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