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10-Q Filing

ACUTUS MEDICAL, INC. CIK: 1522860 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0001628280-21-023217
Period End Date 20210930
Filing Date 20211112
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance afib-20210930_htm.xml
Filing Contents
Balance Sheet 86 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, shares authorized (in shares) PreferredStockSharesAuthorized 5.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 5.00M shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $58.49M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $25.23M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 6,666.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 6,666.00 shares Point-in-time
Marketable securities, short-term AvailableForSaleSecuritiesDebtSecuritiesCurrent $105.84M USD Point-in-time
Marketable securities, short-term AvailableForSaleSecuritiesDebtSecuritiesCurrent $71.96M USD Point-in-time
Restricted cash RestrictedCashCurrent $150.00K 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
Restricted cash RestrictedCashCurrent $150.00K USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $2.16M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 260.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 260.00M shares Point-in-time
Accounts receivable AccountsReceivableNetCurrent $4.19M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 260.00M shares Point-in-time
Inventory InventoryNet $14.96M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 27.99M shares Point-in-time
Inventory InventoryNet $12.96M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 27.95M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 27.95M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $5.05M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 26.72M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 27.99M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $6.04M USD Point-in-time
Total current assets AssetsCurrent $151.39M USD Point-in-time
Total current assets AssetsCurrent $155.80M USD Point-in-time
Marketable securities, long-term AvailableForSaleSecuritiesDebtSecuritiesNoncurrent $4.06M USD Point-in-time
Marketable securities, long-term AvailableForSaleSecuritiesDebtSecuritiesNoncurrent $8.73M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $14.60M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $12.36M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $1.67M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $4.68M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $5.17M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $5.65M USD Point-in-time
Goodwill Goodwill $12.03M USD Point-in-time
Goodwill Goodwill $12.03M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.09M USD Point-in-time
Other assets OtherAssetsNoncurrent $717.00K USD Point-in-time
Total assets Assets $192.53M USD Point-in-time
Total assets Assets $197.42M USD Point-in-time
Accounts payable AccountsPayableCurrent $8.27M USD Point-in-time
Accounts payable AccountsPayableCurrent $6.42M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $9.40M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $7.31M USD Point-in-time
Contingent consideration, short-term ShorttermContingentConsideration $1.90M USD Point-in-time
Contingent consideration, short-term ShorttermContingentConsideration $5.40M USD Point-in-time
Operating lease liabilities, short-term OperatingLeaseLiabilityCurrent $466.00K USD Point-in-time
Operating lease liabilities, short-term OperatingLeaseLiabilityCurrent $933.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $21.91M USD Point-in-time
Total current liabilities LiabilitiesCurrent $18.18M USD Point-in-time
Operating lease liabilities, long-term OperatingLeaseLiabilityNoncurrent $4.70M USD Point-in-time
Operating lease liabilities, long-term OperatingLeaseLiabilityNoncurrent $1.13M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $40.04M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $39.01M USD Point-in-time
Contingent consideration, long-term LongtermContingentConsideration $800.00K USD Point-in-time
Contingent consideration, long-term LongtermContingentConsideration $3.90M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $18.00K USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent - USD Point-in-time
Total liabilities Liabilities $65.95M USD Point-in-time
Total liabilities Liabilities $63.74M USD Point-in-time
Commitments and contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.001 par value; 5,000,000 shares authorized as of September 30, 2021 and December 31, 2020; 6,666 shares of the preferred stock, designated as Series A Common Equivalent Preferred Stock, are issued and outstanding as of September 30, 2021, no shares issued and outstanding as of December 31, 2020 PreferredStockValue - USD Point-in-time
Preferred stock, $0.001 par value; 5,000,000 shares authorized as of September 30, 2021 and December 31, 2020; 6,666 shares of the preferred stock, designated as Series A Common Equivalent Preferred Stock, are issued and outstanding as of September 30, 2021, no shares issued and outstanding as of December 31, 2020 PreferredStockValue - USD Point-in-time
Common stock, $0.001 par value; 260,000,000 shares authorized as of September 30, 2021 and December 31, 2020; 27,948,653 and 27,991,425 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively CommonStockValue $28.00K USD Point-in-time
Common stock, $0.001 par value; 260,000,000 shares authorized as of September 30, 2021 and December 31, 2020; 27,948,653 and 27,991,425 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively CommonStockValue $28.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $581.13M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $487.29M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-447.43M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-361.01M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-40.00K USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $280.00K USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-263.97M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $75.86M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-225.81M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.58M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $152.64M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $133.69M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $192.53M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $197.42M USD Point-in-time
Income Statement 84 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $3.17M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $5.89M USD 3 Qtrs
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $4.60M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $12.90M USD 3 Qtrs
Cost of products sold CostOfGoodsAndServicesSold $8.54M USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $22.99M USD 3 Qtrs
Cost of products sold CostOfGoodsAndServicesSold $11.00M USD 3 Qtrs
Cost of products sold CostOfGoodsAndServicesSold $5.14M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $9.30M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $27.84M USD 3 Qtrs
Research and development ResearchAndDevelopmentExpense $8.34M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $24.49M USD 3 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $47.66M USD 3 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $35.19M USD 3 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $15.83M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $15.80M USD 1 Quarter
Change in fair value of contingent consideration FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease $-1.95M USD 1 Quarter
Change in fair value of contingent consideration FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease $-1.47M USD 3 Qtrs
Change in fair value of contingent consideration FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease $-3.36M USD 3 Qtrs
Change in fair value of contingent consideration FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease $118.00K USD 1 Quarter
Total costs and operating expenses OperatingCostsAndExpenses $31.69M USD 1 Quarter
Total costs and operating expenses OperatingCostsAndExpenses $29.43M USD 1 Quarter
Total costs and operating expenses OperatingCostsAndExpenses $95.12M USD 3 Qtrs
Total costs and operating expenses OperatingCostsAndExpenses $69.22M USD 3 Qtrs
Loss from operations OperatingIncomeLoss $-27.09M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-26.26M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-63.33M USD 3 Qtrs
Loss from operations OperatingIncomeLoss $-82.22M USD 3 Qtrs
Change in fair value of warrant liability FairValueAdjustmentOfWarrants - USD 1 Quarter
Change in fair value of warrant liability FairValueAdjustmentOfWarrants - USD 3 Qtrs
Change in fair value of warrant liability FairValueAdjustmentOfWarrants $3.68M USD 1 Quarter
Change in fair value of warrant liability FairValueAdjustmentOfWarrants $5.55M USD 3 Qtrs
Interest income InterestAndOtherIncome $23.00K USD 1 Quarter
Interest income InterestAndOtherIncome $88.00K USD 3 Qtrs
Interest income InterestAndOtherIncome $19.00K USD 1 Quarter
Interest income InterestAndOtherIncome $393.00K USD 3 Qtrs
Interest expense InterestExpense $1.37M USD 1 Quarter
Interest expense InterestExpense $4.29M USD 3 Qtrs
Interest expense InterestExpense $4.09M USD 3 Qtrs
Interest expense InterestExpense $1.44M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-9.25M USD 3 Qtrs
Total other expense, net NonoperatingIncomeExpense $-5.03M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-1.42M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-4.20M USD 3 Qtrs
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-86.42M USD 3 Qtrs
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-28.51M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-72.58M USD 3 Qtrs
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-31.29M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit - USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit - USD 3 Qtrs
Income tax benefit IncomeTaxExpenseBenefit - USD 3 Qtrs
Income tax benefit IncomeTaxExpenseBenefit - USD 1 Quarter
Net loss NetIncomeLoss $-31.29M USD 1 Quarter
Net loss NetIncomeLoss $-72.58M USD 3 Qtrs
Net loss NetIncomeLoss $-86.42M USD 3 Qtrs
Net loss NetIncomeLoss $-28.51M USD 1 Quarter
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-13.00K USD 1 Quarter
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-9.00K USD 1 Quarter
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-3.00K USD 3 Qtrs
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-50.00K USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-183.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-317.00K USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $78.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $147.00K USD 3 Qtrs
Comprehensive loss ComprehensiveIncomeNetOfTax $-72.48M USD 3 Qtrs
Comprehensive loss ComprehensiveIncomeNetOfTax $-28.71M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-31.22M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-86.74M USD 3 Qtrs
Net loss per common share, basic (in dollars per share) EarningsPerShareBasic $-2.99 USD 3 Qtrs
Net loss per common share, basic (in dollars per share) EarningsPerShareBasic $-0.94 USD 1 Quarter
Net loss per common share, basic (in dollars per share) EarningsPerShareBasic $-1.95 USD 1 Quarter
Net loss per common share, basic (in dollars per share) EarningsPerShareBasic $-12.36 USD 3 Qtrs
Net loss per common share, diluted (in dollars per share) EarningsPerShareDiluted $-0.94 USD 1 Quarter
Net loss per common share, diluted (in dollars per share) EarningsPerShareDiluted $-2.99 USD 3 Qtrs
Net loss per common share, diluted (in dollars per share) EarningsPerShareDiluted $-12.36 USD 3 Qtrs
Net loss per common share, diluted (in dollars per share) EarningsPerShareDiluted $-1.95 USD 1 Quarter
Weighted average shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 5.87M shares 3 Qtrs
Weighted average shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 28.89M shares 3 Qtrs
Weighted average shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 16.08M shares 1 Quarter
Weighted average shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 30.46M shares 1 Quarter
Weighted average shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 5.87M shares 3 Qtrs
Weighted average shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 16.08M shares 1 Quarter
Weighted average shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 30.46M shares 1 Quarter
Weighted average shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 28.89M shares 3 Qtrs
Cash Flow Statement 95 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-72.58M USD 3 Qtrs
Net loss ProfitLoss $-86.42M USD 3 Qtrs
Depreciation expense Depreciation $4.23M USD 3 Qtrs
Depreciation expense Depreciation $1.75M USD 3 Qtrs
Depreciation expense Depreciation $800.00K USD 1 Quarter
Depreciation expense Depreciation $1.50M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $330.00K USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $100.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $480.00K USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $200.00K USD 1 Quarter
Non-cash stock-based compensation expense ShareBasedCompensation $10.26M USD 3 Qtrs
Non-cash stock-based compensation expense ShareBasedCompensation $9.27M USD 3 Qtrs
Amortization of premiums on marketable securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-1.01M USD 3 Qtrs
Amortization of premiums on marketable securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-113.00K USD 3 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $518.00K USD 3 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $1.03M USD 3 Qtrs
Amortization of right-of-use assets FinanceLeaseRightOfUseAssetAmortization $496.00K USD 3 Qtrs
Amortization of right-of-use assets FinanceLeaseRightOfUseAssetAmortization $507.00K USD 3 Qtrs
Change in fair value of warrant liability FairValueAdjustmentOfWarrants - USD 1 Quarter
Change in fair value of warrant liability FairValueAdjustmentOfWarrants - USD 3 Qtrs
Change in fair value of warrant liability FairValueAdjustmentOfWarrants $3.68M USD 1 Quarter
Change in fair value of warrant liability FairValueAdjustmentOfWarrants $5.55M USD 3 Qtrs
Change in fair value of contingent consideration ChangeInFairValueOfContingentConsideration $-1.47M USD 3 Qtrs
Change in fair value of contingent consideration ChangeInFairValueOfContingentConsideration $-3.36M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.63M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $2.03M USD 3 Qtrs
Inventory IncreaseDecreaseInInventories $2.00M USD 3 Qtrs
Inventory IncreaseDecreaseInInventories $1.86M USD 3 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $59.00K USD 3 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.73M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $387.00K USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $369.00K USD 3 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $753.00K USD 3 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $-1.81M USD 3 Qtrs
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $1.86M USD 3 Qtrs
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $1.42M USD 3 Qtrs
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-615.00K USD 3 Qtrs
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-432.00K USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $18.00K USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $8.00K USD 3 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-61.04M USD 3 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-77.10M USD 3 Qtrs
Purchases of available-for-sale marketable securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $70.02M USD 3 Qtrs
Purchases of available-for-sale marketable securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $108.53M USD 3 Qtrs
Sales of available-for-sale marketable securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $17.09M USD 3 Qtrs
Sales of available-for-sale marketable securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $8.59M USD 3 Qtrs
Maturities of available-for-sale marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $98.51M USD 3 Qtrs
Maturities of available-for-sale marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $45.00M USD 3 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $6.59M USD 3 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $7.82M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-54.26M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $30.49M USD 3 Qtrs
Payment of deferred offering costs PaymentsOfFinancingCosts $572.00K USD 3 Qtrs
Payment of deferred offering costs PaymentsOfFinancingCosts - USD 3 Qtrs
Payment of contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities $2.64M USD 3 Qtrs
Payment of contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities $3.15M USD 3 Qtrs
Proceeds from the issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $166.29M USD 3 Qtrs
Proceeds from the issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $82.70M USD Point-in-time
Proceeds from the issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $82.66M USD 3 Qtrs
Proceeds from stock options exercises ProceedsFromStockOptionsExercised $703.00K USD 3 Qtrs
Proceeds from stock options exercises ProceedsFromStockOptionsExercised $350.00K USD 3 Qtrs
Proceeds from employee stock purchase plan ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans - USD 3 Qtrs
Proceeds from employee stock purchase plan ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans $440.00K USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $164.00M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $80.08M USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-214.00K USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $143.00K USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $48.85M USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $33.26M USD 3 Qtrs
Cash, cash equivalents and restricted cash, at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.60M USD Point-in-time
Cash, cash equivalents and restricted cash, at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $25.38M USD Point-in-time
Cash, cash equivalents and restricted cash, at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.45M USD Point-in-time
Cash, cash equivalents and restricted cash, at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.64M USD Point-in-time
Cash, cash equivalents and restricted cash, at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.60M USD Point-in-time
Cash, cash equivalents and restricted cash, at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $25.38M USD Point-in-time
Cash, cash equivalents and restricted cash, at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.45M USD Point-in-time
Cash, cash equivalents and restricted cash, at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.64M USD Point-in-time
Cash paid for income taxes IncomeTaxesPaidNet - USD 3 Qtrs
Cash paid for income taxes IncomeTaxesPaidNet $38.00K USD 3 Qtrs
Cash paid for interest InterestPaidNet $3.53M USD 3 Qtrs
Cash paid for interest InterestPaidNet $3.11M USD 3 Qtrs
Issuance of Series D convertible preferred stock for Biotronik asset purchase IssuanceOfSeriesDConvertiblePreferredStockForBiotroniksAssetPurchase - USD 3 Qtrs
Issuance of Series D convertible preferred stock for Biotronik asset purchase IssuanceOfSeriesDConvertiblePreferredStockForBiotroniksAssetPurchase $5.00M USD 3 Qtrs
Issuance of Series D convertible preferred stock for Rhythm Xience Acquisition IssuanceOfSeriesDConvertiblePreferredStockForRhythmXienceAcquisition $2.20M USD 3 Qtrs
Issuance of Series D convertible preferred stock for Rhythm Xience Acquisition IssuanceOfSeriesDConvertiblePreferredStockForRhythmXienceAcquisition - USD 3 Qtrs
Change in unrealized loss on marketable securities DebtSecuritiesUnrealizedGainLoss $-50.00K USD 3 Qtrs
Change in unrealized loss on marketable securities DebtSecuritiesUnrealizedGainLoss $-3.00K USD 3 Qtrs
Right-of-use assets exchanged for operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability - USD 3 Qtrs
Right-of-use assets exchanged for operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $3.53M USD 3 Qtrs
Unpaid purchases of property and equipment UnpaidPurchasesOfPropertyPlantAndEquipment $88.00K USD 3 Qtrs
Unpaid purchases of property and equipment UnpaidPurchasesOfPropertyPlantAndEquipment $36.00K USD 3 Qtrs
Conversion of convertible preferred stock into common stock upon IPO ConversionOfStockAmountConverted1 - USD 3 Qtrs
Conversion of convertible preferred stock into common stock upon IPO ConversionOfStockAmountConverted1 $260.56M USD 3 Qtrs
Reclassification of warrant liability to stockholders' equity ReclassificationOfWarrantLiabilityToStockholdersEquity $14.47M USD 3 Qtrs
Reclassification of warrant liability to stockholders' equity ReclassificationOfWarrantLiabilityToStockholdersEquity - USD 3 Qtrs
Stockholders Equity 50 line items
Line Item Tag Value Unit Period
Issuance costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $16.36M USD 1 Quarter
Issuance costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $16.36M USD 3 Qtrs
Issuance costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $5.88M USD 1 Quarter
Issuance costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $5.88M USD 3 Qtrs
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-263.97M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $75.86M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-225.81M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.58M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $152.64M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $133.69M USD Point-in-time
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-13.00K USD 1 Quarter
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-9.00K USD 1 Quarter
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-3.00K USD 3 Qtrs
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-50.00K USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-183.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-317.00K USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $78.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $147.00K USD 3 Qtrs
Exchange of common stock for Series A Common Equivalent Preferred Stock StockIssuedDuringPeriodValueConversionOfConvertibleSecurities - USD 1 Quarter
Exchange of common stock for Series A Common Equivalent Preferred Stock StockIssuedDuringPeriodValueConversionOfConvertibleSecurities $260.56M USD 1 Quarter
Exchange of common stock for Series A Common Equivalent Preferred Stock StockIssuedDuringPeriodValueConversionOfConvertibleSecurities - USD 3 Qtrs
Exchange of common stock for Series A Common Equivalent Preferred Stock StockIssuedDuringPeriodValueConversionOfConvertibleSecurities $260.56M USD 3 Qtrs
Issuance of common stock for cash, net of issuance costs (in shares) StockIssuedDuringPeriodSharesNewIssues 6.33M shares Point-in-time
Issuance of common stock for cash, net of issuance costs StockIssuedDuringPeriodValueNewIssues $82.66M USD 3 Qtrs
Issuance of common stock for cash, net of issuance costs StockIssuedDuringPeriodValueNewIssues $166.29M USD 1 Quarter
Issuance of common stock for cash, net of issuance costs StockIssuedDuringPeriodValueNewIssues $166.29M USD 3 Qtrs
Issuance of common stock for cash, net of issuance costs StockIssuedDuringPeriodValueNewIssues $82.66M USD 1 Quarter
Reclassification of warrant liability to stockholders' equity AdjustmentsToAdditionalPaidInCapitalWarrantIssued $14.47M USD 1 Quarter
Reclassification of warrant liability to stockholders' equity AdjustmentsToAdditionalPaidInCapitalWarrantIssued $14.47M USD 3 Qtrs
Stock option exercises (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 110,421.00 shares 3 Qtrs
Stock option exercises StockIssuedDuringPeriodValueStockOptionsExercised $350.00K USD 3 Qtrs
Stock option exercises StockIssuedDuringPeriodValueStockOptionsExercised $84.00K USD 1 Quarter
Stock option exercises StockIssuedDuringPeriodValueStockOptionsExercised $145.00K USD 1 Quarter
Stock option exercises StockIssuedDuringPeriodValueStockOptionsExercised $703.00K USD 3 Qtrs
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $6.37M USD 1 Quarter
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $3.35M USD 1 Quarter
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $9.27M USD 3 Qtrs
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $10.04M USD 3 Qtrs
Employee stock purchase plan shares issued StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $440.00K USD 3 Qtrs
Employee stock purchase plan shares issued StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $440.00K USD 1 Quarter
Net loss NetIncomeLoss $-31.29M USD 1 Quarter
Net loss NetIncomeLoss $-72.58M USD 3 Qtrs
Net loss NetIncomeLoss $-86.42M USD 3 Qtrs
Net loss NetIncomeLoss $-28.51M USD 1 Quarter
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-263.97M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $75.86M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-225.81M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.58M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $152.64M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $133.69M USD Point-in-time

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

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