10-K Filing

TYME TECHNOLOGIES, INC. CIK: 1537917 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0001161697-16-000766`
Period End Date	20151231
Filing Date	20160330
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	tymi-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 27 Cash Flow Statement 69 Stockholders Equity 33

Balance Sheet 51 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`	0.00	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.45M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.62K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.72K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.78K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$140.21K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$149.93K	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
Total current assets	`AssetsCurrent`	$4.48M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.88K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.17K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total assets	`Assets`	$4.49M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	86.84M	shares	Point-in-time
Total assets	`Assets`	$167.10K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	71.40M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	86.84M	shares	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$1.47M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$1.29M	USD	Point-in-time
Current maturities of senior secured bridge notes	`NotesPayableCurrent`	$1.35M	USD	Point-in-time
Current maturities of senior secured bridge notes	`NotesPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.64M	USD	Point-in-time
Commitments and contingencies (See Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 and 0 shares authorized at December 31, 2015 and December 31, 2014, respectively, 0 shares issued and outstanding at December 31, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 and 0 shares authorized at December 31, 2015 and December 31, 2014, respectively, 0 shares issued and outstanding at December 31, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 300,000,000 shares authorized, 86,836,370 shares issued and outstanding at December 31, 2015, and 71,400,000 shares issued and 68,000,000 shares outstanding at December 31, 2014	`CommonStockValue`	$6.80K	USD	Point-in-time
Common stock, $0.0001 par value, 300,000,000 shares authorized, 86,836,370 shares issued and outstanding at December 31, 2015, and 71,400,000 shares issued and 68,000,000 shares outstanding at December 31, 2014	`CommonStockValue`	$8.69K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$18.91M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.18M	USD	Point-in-time
Due from stockholders/members	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$355.77K	USD	Point-in-time
Due from stockholders/members	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	-	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-850.28K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.47M	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$167.10K	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$4.49M	USD	Point-in-time

Income Statement 27 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	-	USD	Annual
Revenues	`SalesRevenueNet`	-	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$761.36K	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$3.82M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$4.78M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.82M	USD	Annual
Total operating expenses	`OperatingExpenses`	$8.60M	USD	Annual
Total operating expenses	`OperatingExpenses`	$2.58M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-8.60M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-2.58M	USD	Annual
Interest expense	`InterestExpense`	$76.56K	USD	Annual
Interest expense	`InterestExpense`	$3.50M	USD	Annual
Other income	`NonoperatingIncomeExpense`	$376.25K	USD	Annual
Other income	`NonoperatingIncomeExpense`	-	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.66M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-11.73M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net loss	`ProfitLoss`	$-2.66M	USD	Annual
Net loss	`ProfitLoss`	$-11.73M	USD	Annual
Loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-10.85K	USD	Annual
Loss attributable to controlling interests	`NetIncomeLoss`	$-11.73M	USD	Annual
Loss attributable to controlling interests	`NetIncomeLoss`	$-2.65M	USD	Annual
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.15	USD	Annual
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	Annual
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	68.00M	shares	Annual
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	77.85M	shares	Annual

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Conversion of debt, debt amount converted	`DebtConversionOriginalDebtAmount1`	$1.13M	USD	Annual
Conversion of debt, debt amount converted	`DebtConversionOriginalDebtAmount1`	$1.13M	USD	Annual
Net loss	`ProfitLoss`	$-2.66M	USD	Annual
Net loss	`ProfitLoss`	$-11.73M	USD	Annual
Conversion of debt, shares issued (in shares)	`DebtConversionConvertedInstrumentSharesIssued1`	3.62M	shares	Annual
Conversion of debt, shares issued (in shares)	`DebtConversionConvertedInstrumentSharesIssued1`	3.62M	shares	Annual
Depreciation	`Depreciation`	$4.29K	USD	Annual
Depreciation	`Depreciation`	$4.29K	USD	Annual
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$825.00K	USD	Annual
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	-	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$325.00K	USD	Annual
Amortization of employee stock options	`AmortizationOfEmployeeStockOptions`	-	USD	Annual
Amortization of employee stock options	`AmortizationOfEmployeeStockOptions`	$485.86K	USD	Annual
Inducement for conversion of Bridge Note to common shares	`AdjustmentsToAdditionalPaidInCapitalInducementToConvert`	$-3.46M	USD	Annual
Gain on remeasurement of derivative liability	`DerivativeGainLossOnDerivativeNet`	$376.30K	USD	Annual
Gain on remeasurement of derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	Annual
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-2.68K	USD	Annual
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$30.02K	USD	Annual
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-109.42K	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.17M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$278.39K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.52M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-6.61M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.71K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.71K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	Annual
Capital contributions - noncontrolling interest	`ProceedsFromMinorityShareholders`	-	USD	Annual
Capital contributions - noncontrolling interest	`ProceedsFromMinorityShareholders`	$35.00K	USD	Annual
Repayment from (advances to) stockholders/members	`RepaymentFromAdvancesToStockholdersAndMembers`	$-355.77K	USD	Annual
Repayment from (advances to) stockholders/members	`RepaymentFromAdvancesToStockholdersAndMembers`	$149.60K	USD	Annual
Proceeds from Bridge Note	`ProceedsFromNotesPayable`	$960.00K	USD	Annual
Proceeds from Bridge Note	`ProceedsFromNotesPayable`	$1.35M	USD	Annual
Proceeds from private placement offering of common stock and warrants, net	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	Annual
Proceeds from private placement offering of common stock and warrants, net	`ProceedsFromIssuanceOfPrivatePlacement`	$7.23M	USD	Annual
Proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	$200.00K	USD	Annual
Proceeds from the collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	$2.50M	USD	Annual
Proceeds from the collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$11.05M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.44M	USD	Annual
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-82.90K	USD	Annual
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.44M	USD	Annual
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.45M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$92.62K	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.72K	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.45M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$92.62K	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.72K	USD	Point-in-time
Interest	`InterestPaid`	-	USD	Annual
Interest	`InterestPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$675.00	USD	Annual
Conversion of the Bridge Note and all accrued interest into shares of common stock	`NonCashConversionofBridgeNote`	$2.40M	USD	Annual
Conversion of the Bridge Note and all accrued interest into shares of common stock	`NonCashConversionofBridgeNote`	-	USD	Annual
Issuance of subscription receivable for shares issued in conjunction with private placement offering	`NonCashIssuanceofSubscriptionReceivable`	$2.50M	USD	Annual
Issuance of subscription receivable for shares issued in conjunction with private placement offering	`NonCashIssuanceofSubscriptionReceivable`	-	USD	Annual
Inducement for conversion of Bridge Note to common shares	`NonCashIncdcementToConvert`	$3.46M	USD	Annual
Inducement for conversion of Bridge Note to common shares	`NonCashIncdcementToConvert`	-	USD	Annual
Derivative liability associated with the price protection feature of shares of common stock issued in PPO and Bridge Note conversion	`NonCashFairValueofDerivativeLiability`	$376.30K	USD	Annual
Derivative liability associated with the price protection feature of shares of common stock issued in PPO and Bridge Note conversion	`NonCashFairValueofDerivativeLiability`	-	USD	Annual
Conversion of $1.126 million of convertible debt into 3,624,400 shares of common stock; simultaneously, stockholders surrendered an equal amount of their own common stock, thereby having no change in the total number of shares outstanding	`NonCashConversionofCommonStock`	$1.15M	USD	Annual
Conversion of $1.126 million of convertible debt into 3,624,400 shares of common stock; simultaneously, stockholders surrendered an equal amount of their own common stock, thereby having no change in the total number of shares outstanding	`NonCashConversionofCommonStock`	-	USD	Annual
Luminant member advances assigned in buyout of noncontrolling interest	`NonCashAdvancesAssigned`	-	USD	Annual
Luminant member advances assigned in buyout of noncontrolling interest	`NonCashAdvancesAssigned`	$1.10M	USD	Annual
Contribution of noncontrolling interests by stockholders of Tyme Inc.	`NonCashContributionOfNoncontrollingInterests`	-	USD	Annual
Contribution of noncontrolling interests by stockholders of Tyme Inc.	`NonCashContributionOfNoncontrollingInterests`	$2.00M	USD	Annual

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Debt	`DebtConversionOriginalDebtAmount1`	$1.13M	USD	Annual
Debt	`DebtConversionOriginalDebtAmount1`	$1.13M	USD	Annual
Accrued interest	`DebtInstrumentIncreaseAccruedInterest`	$26.24K	USD	Annual
Number of equity instruments (in shares)	`DebtConversionConvertedInstrumentSharesIssued1`	3.62M	shares	Annual
Number of equity instruments (in shares)	`DebtConversionConvertedInstrumentSharesIssued1`	3.62M	shares	Annual
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-850.28K	USD	Point-in-time
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02M	USD	Point-in-time
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.47M	USD	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	86.84M	shares	Point-in-time
Repayment of stockholder loans	`RepaymentOfStockholderLoans`	$355.77K	USD	Annual
Conversion of $1.126 million convertible debt plus accrued interest of $26,242 into 3,624,400 shares of common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.15M	USD	Annual
Surrender of 3,624,400 common stock by two principal stockholders of the Company	`StockRepurchasedDuringPeriodValue`	-	USD	Annual
Capital contributions	`NoncontrollingInterestIncreaseFromCapitalContributions`	$35.00K	USD	Annual
Advances to stockholders/members	`AdvancesToStockholders`	$-149.60K	USD	Annual
Luminant stockholder loans assigned in buyout of noncontrolling interests by certain stockholders of Tyme	`AdjustmentsToAdditionalPaidInCapitalLoansAssignedInBuyoutOfNoncontrollingInterestsByStockholders`	-	USD	Annual
Contribution of noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	Annual
Net Loss attributable to noncontrolling interests prior to contribution of noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-10.85K	USD	Annual
Common stock issued as part of the Merger	`StockIssuedDuringPeriodValueNewIssues`	-	USD	Annual
Issuance of common stock and warrants for services	`StockIssuedDuringPeriodValueIssuedForServices`	$825.00K	USD	Annual
Issuance of common stock and warrants in private placement offering for cash, net of associated expense	`StockIssuedDuringPeriodValueNewIssues2`	$7.23M	USD	Annual
Issuance of common stock in private placement offering in exchange for subscription receivable	`StockIssuedDuringPeriodValueNewIssues1`	-	USD	Annual
Issuance of common stock upon conversion of Bridge Note and accrued interest	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities1`	$2.40M	USD	Annual
Incremental value of the modification to Bridge Note conversion rate as an inducement to convert	`AdjustmentsToAdditionalPaidInCapitalInducementToConvert`	$-3.46M	USD	Annual
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$325.00K	USD	Annual
Fair value of price protection feature associated with shares issued under the PPO and Bridge Note conversion	`AdjustmentsToAdditionalPaidInCapitalFairValueOfPriceProtectionFeature`	$-376.30K	USD	Annual
Amortization of employee stock options	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$485.86K	USD	Annual
Proceeds from the collection of stock subscription receivable	`StockholdersEquityOther`	$2.50M	USD	Annual
Net loss	`NetIncomeLoss`	$-11.73M	USD	Annual
Net loss	`NetIncomeLoss`	$-2.65M	USD	Annual
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-850.28K	USD	Point-in-time
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02M	USD	Point-in-time
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.47M	USD	Point-in-time
Balance, at end (in shares)	`CommonStockSharesOutstanding`	86.84M	shares	Point-in-time

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