10-Q Filing

WRAP TECHNOLOGIES, INC. CIK: 1702924 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001654954-21-008322`
Period End Date	20210630
Filing Date	20210729
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	wrtc_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 80 Cash Flow Statement 83 Stockholders Equity 49

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.38M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.98M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$24.99M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$30.00M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.87M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.62M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.65M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.84M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$760.00K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	39.91M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$824.00K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	37.55M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	37.55M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$46.93M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	39.91M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$49.34M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$508.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$357.00K	USD	Point-in-time
Operating lease right-of-use asset, net	`OperatingLeaseRightOfUseAsset`	$93.00K	USD	Point-in-time
Operating lease right-of-use asset, net	`OperatingLeaseRightOfUseAsset`	$139.00K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.40M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.00K	USD	Point-in-time
Total assets	`Assets`	$51.34M	USD	Point-in-time
Total assets	`Assets`	$48.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.28M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$910.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$721.00K	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$10.00K	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$2.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$186.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$16.00K	USD	Point-in-time
Operating lease liability - short term	`OperatingLeaseLiabilityCurrent`	$94.00K	USD	Point-in-time
Operating lease liability - short term	`OperatingLeaseLiabilityCurrent`	$94.00K	USD	Point-in-time
Business acquisition liability - short term	`BusinessCombinationContingentConsiderationLiability`	$275.00K	USD	Point-in-time
Business acquisition liability - short term	`BusinessCombinationContingentConsiderationLiability`	$97.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.34M	USD	Point-in-time
Operating Lease Liability - long term	`OperatingLeaseLiabilityNoncurrent`	$56.00K	USD	Point-in-time
Operating Lease Liability - long term	`OperatingLeaseLiabilityNoncurrent`	$8.00K	USD	Point-in-time
Business acquisition liability - long term	`BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities`	-	USD	Point-in-time
Business acquisition liability - long term	`BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities`	$23.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$8.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$79.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.42M	USD	Point-in-time
Preferred stock - 5,000,000 authorized; par value $0.0001 per share; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - 5,000,000 authorized; par value $0.0001 per share; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock - 150,000,000 authorized; par value $0.0001 per share; 39,911,390 and 37,554,162 shares issued and outstanding each period, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock - 150,000,000 authorized; par value $0.0001 per share; 39,911,390 and 37,554,162 shares issued and outstanding each period, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$71.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$87.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-38.54M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$13.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$37.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$46.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$19.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$42.06M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$18.12M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$48.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$51.34M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$48.83M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Product sales	`ProductSales`	$3.28M	USD	2 Qtrs
Product sales	`ProductSales`	$1.85M	USD	1 Quarter
Product sales	`ProductSales`	$823.00K	USD	1 Quarter
Product sales	`ProductSales`	$1.50M	USD	2 Qtrs
Other revenue	`OtherCostOfOperatingRevenue`	$198.00K	USD	2 Qtrs
Other revenue	`OtherCostOfOperatingRevenue`	$10.00K	USD	1 Quarter
Other revenue	`OtherCostOfOperatingRevenue`	$24.00K	USD	2 Qtrs
Other revenue	`OtherCostOfOperatingRevenue`	$82.00K	USD	1 Quarter
Total revenues	`Revenues`	$833.00K	USD	1 Quarter
Total revenues	`Revenues`	$1.93M	USD	1 Quarter
Total revenues	`Revenues`	$1.52M	USD	2 Qtrs
Total revenues	`Revenues`	$3.48M	USD	2 Qtrs
Products and services	`CostOfGoodsAndServicesSold`	$565.00K	USD	1 Quarter
Products and services	`CostOfGoodsAndServicesSold`	$1.25M	USD	1 Quarter
Products and services	`CostOfGoodsAndServicesSold`	$2.18M	USD	2 Qtrs
Products and services	`CostOfGoodsAndServicesSold`	$971.00K	USD	2 Qtrs
Product line exit expense	`ProductLineExitExpense`	$747.00K	USD	1 Quarter
Product line exit expense	`ProductLineExitExpense`	$747.00K	USD	2 Qtrs
Product line exit expense	`ProductLineExitExpense`	-	USD	1 Quarter
Product line exit expense	`ProductLineExitExpense`	-	USD	2 Qtrs
Total cost of revenues	`CostOfRevenue`	$1.99M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$565.00K	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$971.00K	USD	2 Qtrs
Total cost of revenues	`CostOfRevenue`	$2.93M	USD	2 Qtrs
Gross profit (loss)	`GrossProfit`	$-60.00K	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$545.00K	USD	2 Qtrs
Gross profit (loss)	`GrossProfit`	$268.00K	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$551.00K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.58M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.54M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$11.56M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.68M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.11M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$577.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.16M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.23M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$5.79M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$13.78M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$7.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.12M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.85M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.24M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.24M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-7.80M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$8.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$10.00K	USD	2 Qtrs
Investment income	`InvestmentIncomeNet`	$31.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$76.00K	USD	2 Qtrs
Other	`OtherIncome`	$-6.00K	USD	1 Quarter
Other	`OtherIncome`	-	USD	1 Quarter
Other	`OtherIncome`	-	USD	2 Qtrs
Other	`OtherIncome`	$1.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$31.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$11.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$76.00K	USD	2 Qtrs
Net loss	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.82M	USD	1 Quarter
Net loss	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.80M	USD	1 Quarter
Net loss	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-13.23M	USD	2 Qtrs
Net loss	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-5.16M	USD	2 Qtrs
Net loss per basic and diluted common share	`EarningsPerShareBasic`	$-0.20	USD	1 Quarter
Net loss per basic and diluted common share	`EarningsPerShareBasic`	$-0.35	USD	2 Qtrs
Net loss per basic and diluted common share	`EarningsPerShareBasic`	$-0.17	USD	2 Qtrs
Net loss per basic and diluted common share	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Weighted average common shares used to compute net loss per basic and diluted common share	`WeightedAverageNumberOfSharesOutstandingBasic`	31.24M	shares	1 Quarter
Weighted average common shares used to compute net loss per basic and diluted common share	`WeightedAverageNumberOfSharesOutstandingBasic`	37.94M	shares	2 Qtrs
Weighted average common shares used to compute net loss per basic and diluted common share	`WeightedAverageNumberOfSharesOutstandingBasic`	38.16M	shares	1 Quarter
Weighted average common shares used to compute net loss per basic and diluted common share	`WeightedAverageNumberOfSharesOutstandingBasic`	30.75M	shares	2 Qtrs
Net loss	`OtherComprehensiveIncomeLossBeforeTax`	$-13.23M	USD	2 Qtrs
Net loss	`OtherComprehensiveIncomeLossBeforeTax`	$-2.82M	USD	1 Quarter
Net loss	`OtherComprehensiveIncomeLossBeforeTax`	$-5.16M	USD	2 Qtrs
Net loss	`OtherComprehensiveIncomeLossBeforeTax`	$-7.80M	USD	1 Quarter
Net unrealized loss on short-term investments	`NetUnrealizedGainOnShortTermInvestments`	-	USD	1 Quarter
Net unrealized loss on short-term investments	`NetUnrealizedGainOnShortTermInvestments`	$-2.00K	USD	2 Qtrs
Net unrealized loss on short-term investments	`NetUnrealizedGainOnShortTermInvestments`	$-4.00K	USD	1 Quarter
Net unrealized loss on short-term investments	`NetUnrealizedGainOnShortTermInvestments`	-	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-7.80M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.82M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-13.23M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-5.16M	USD	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.16M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.23M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$52.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$219.00K	USD	2 Qtrs
Product line exit expense	`ProductLineExitExpense`	-	USD	1 Quarter
Product line exit expense	`ProductLineExitExpense`	-	USD	2 Qtrs
Product line exit expense	`ProductLineExitExpense`	$747.00K	USD	2 Qtrs
Product line exit expense	`ProductLineExitExpense`	$747.00K	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets`	$-11.00K	USD	2 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Warranty provision	`ProvisionForOtherLosses`	$19.00K	USD	2 Qtrs
Warranty provision	`ProvisionForOtherLosses`	$10.00K	USD	2 Qtrs
Inventory obsolescence	`InventoryWriteDown`	-	USD	2 Qtrs
Inventory obsolescence	`InventoryWriteDown`	$-48.00K	USD	2 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$46.00K	USD	2 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$60.00K	USD	2 Qtrs
Share-based compensation	`DividendsShareBasedCompensation`	$3.01M	USD	2 Qtrs
Share-based compensation	`DividendsShareBasedCompensation`	$1.02M	USD	2 Qtrs
Common shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$139.00K	USD	1 Quarter
Common shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$239.00K	USD	2 Qtrs
Common shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$10.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$46.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-798.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-307.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-713.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$206.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-65.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-29.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$376.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$48.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOtherOperatingLiabilities`	$-48.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOtherOperatingLiabilities`	$-62.00K	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInDeposits`	$-193.00K	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInDeposits`	$8.00K	USD	2 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilities`	$165.00K	USD	2 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilities`	$53.00K	USD	2 Qtrs
Warranty settlement	`IncreaseDecreaseInWarrantySettlement`	-	USD	2 Qtrs
Warranty settlement	`IncreaseDecreaseInWarrantySettlement`	$16.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$170.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.25M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.90M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireInvestments`	$25.01M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesOfShortTermInvestments`	$20.00M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesOfShortTermInvestments`	-	USD	2 Qtrs
Capital expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$367.00K	USD	2 Qtrs
Capital expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$69.00K	USD	2 Qtrs
Investment in patents and trademarks	`PaymentsToAcquireIntangibleAssets`	$82.00K	USD	2 Qtrs
Investment in patents and trademarks	`PaymentsToAcquireIntangibleAssets`	$96.00K	USD	2 Qtrs
Proceeds from long-term deposits	`ProceedsFromOtherDeposits`	$3.00K	USD	2 Qtrs
Proceeds from long-term deposits	`ProceedsFromOtherDeposits`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.47M	USD	2 Qtrs
Sale of common stock and warrants	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Sale of common stock and warrants	`ProceedsFromIssuanceOrSaleOfEquity`	$12.40M	USD	2 Qtrs
Offering costs paid on sale of common stock and warrants	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Offering costs paid on sale of common stock and warrants	`ProceedsFromIssuanceOfCommonStock`	$-733.00K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$12.05M	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$10.25M	USD	2 Qtrs
Offering costs paid on exercise of warrants	`OfferingCostsPaidOnExerciseOfWarrants`	-	USD	2 Qtrs
Offering costs paid on exercise of warrants	`OfferingCostsPaidOnExerciseOfWarrants`	$398.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$515.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$278.00K	USD	2 Qtrs
Proceeds from bank note	`ProceedsFromBankNote`	$414.00K	USD	2 Qtrs
Proceeds from bank note	`ProceedsFromBankNote`	-	USD	2 Qtrs
Repayment of debt	`ProceedsFromRepaymentsOfDebt`	$-200.00K	USD	2 Qtrs
Repayment of debt	`ProceedsFromRepaymentsOfDebt`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.45M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.13M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$18.40M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$-3.60M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.98M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.65M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.05M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$35.38M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.98M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.65M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.05M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$35.38M	USD	Point-in-time
Change in unrealized gain on short-term investments	`ChangeInUnrealizedGainOnShortTermInvestments`	-	USD	2 Qtrs
Change in unrealized gain on short-term investments	`ChangeInUnrealizedGainOnShortTermInvestments`	$-2.00K	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$37.08M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$46.41M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$19.20M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$42.06M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$18.12M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$48.76M	USD	Point-in-time
Sale of common stock and warrants at $6.00 per share in public offering, net of issuance costs, amount	`SaleOfCommonStockAndWarrantsAt600PerShareInPublicOfferingNetOfIssuanceCostsAmount`	$11.67M	USD	2 Qtrs
Sale of common stock and warrants at $6.00 per share in public offering, net of issuance costs, amount	`SaleOfCommonStockAndWarrantsAt600PerShareInPublicOfferingNetOfIssuanceCostsAmount`	$11.67M	USD	1 Quarter
Common shares issued upon exercise of warrants at $3.00 per share, net of issuance costs, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt300PerShareNetOfIssuanceCostsAmount`	$405.00K	USD	1 Quarter
Common shares issued upon exercise of warrants at $3.00 per share, net of issuance costs, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt300PerShareNetOfIssuanceCostsAmount`	$440.00K	USD	2 Qtrs
Common shares issued upon exercise of warrants at $5.00 per share, net of issuance costs, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt500PerShareNetOfIssuanceCostsAmount`	$8.27M	USD	1 Quarter
Common shares issued upon exercise of warrants at $5.00 per share, net of issuance costs, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt500PerShareNetOfIssuanceCostsAmount`	$8.87M	USD	2 Qtrs
Common shares issued upon exercise of warrants at $6.50 per share, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt650PerShareAmount`	$10.80M	USD	1 Quarter
Common shares issued upon exercise of warrants at $6.50 per share, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt650PerShareAmount`	$10.80M	USD	2 Qtrs
Common shares issued upon exercise of warrants at $6.50 per share, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt650PerShareAmount`	$544.00K	USD	1 Quarter
Common shares issued upon exercise of warrants at $6.50 per share, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt650PerShareAmount`	$544.00K	USD	2 Qtrs
Common shares issued upon exercise of stock options, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$515.00K	USD	2 Qtrs
Common shares issued upon exercise of stock options, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$278.00K	USD	2 Qtrs
Common shares issued upon exercise of stock options, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$165.00K	USD	1 Quarter
Common shares issued upon exercise of stock options, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$346.00K	USD	1 Quarter
Common shares issued upon vesting of restricted stock units, amount	`StockIssuedDuringPeriodValueRestrictedStockUnitsVested`	-	USD	2 Qtrs
Common shares issued upon vesting of restricted stock units, amount	`StockIssuedDuringPeriodValueRestrictedStockUnitsVested`	-	USD	1 Quarter
Common shares issued upon vesting of restricted stock units, amount	`StockIssuedDuringPeriodValueRestrictedStockUnitsVested`	-	USD	1 Quarter
Common shares issued upon vesting of restricted stock units, amount	`StockIssuedDuringPeriodValueRestrictedStockUnitsVested`	-	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensationExpense`	$549.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensationExpense`	$3.01M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensationExpense`	$2.15M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensationExpense`	$1.02M	USD	2 Qtrs
Net unrealized gain on short-term investments	`NetUnrealizedGainOnShortTermInvestments`	-	USD	1 Quarter
Net unrealized gain on short-term investments	`NetUnrealizedGainOnShortTermInvestments`	$-2.00K	USD	2 Qtrs
Net unrealized gain on short-term investments	`NetUnrealizedGainOnShortTermInvestments`	$-4.00K	USD	1 Quarter
Net unrealized gain on short-term investments	`NetUnrealizedGainOnShortTermInvestments`	-	USD	2 Qtrs
Net loss for the period	`ProfitLoss`	$-7.80M	USD	1 Quarter
Net loss for the period	`ProfitLoss`	$-5.16M	USD	2 Qtrs
Net loss for the period	`ProfitLoss`	$-2.82M	USD	1 Quarter
Net loss for the period	`ProfitLoss`	$-13.23M	USD	2 Qtrs
Common shares issued upon exercise of warrants at $8.125 per share, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt8125PerShareAmount`	$1.25M	USD	1 Quarter
Common shares issued upon exercise of warrants at $8.125 per share, amount	`CommonSharesIssuedUponExerciseOfWarrantsAt8125PerShareAmount`	$1.25M	USD	2 Qtrs
Common shares issued for services, amount	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Common shares issued for services, amount	`StockIssuedDuringPeriodValueIssuedForServices`	$139.00K	USD	1 Quarter
Common shares issued for services, amount	`StockIssuedDuringPeriodValueIssuedForServices`	$239.00K	USD	2 Qtrs
Net unrealized loss on short-term investments	`NetUnrealizedLossOnShortTermInvestments`	$-2.00K	USD	2 Qtrs
Net unrealized loss on short-term investments	`NetUnrealizedLossOnShortTermInvestments`	$-4.00K	USD	1 Quarter
Balance, amount	`StockholdersEquity`	$42.06M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$19.20M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$18.12M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$37.08M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$46.41M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$48.76M	USD	Point-in-time

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