10-Q Filing

TYME TECHNOLOGIES, INC. CIK: 1537917 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001161697-16-001186`
Period End Date	20160930
Filing Date	20161109
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	tymi-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 36 Cash Flow Statement 51 Stockholders Equity 16

Balance Sheet 50 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`	10.00M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.72K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$122.01K	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
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.48M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.20M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$9.68K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.88K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	87.68M	shares	Point-in-time
Total assets	`Assets`	$4.49M	USD	Point-in-time
Total assets	`Assets`	$3.21M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	86.84M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	86.84M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	87.68M	shares	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$1.47M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$2.25M	USD	Point-in-time
Insurance note payable	`NotesPayableCurrent`	$104.46K	USD	Point-in-time
Insurance note payable	`NotesPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.35M	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`	$2.35M	USD	Point-in-time
Commitments and contingencies (See Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized at September 30, 2016 and December 31, 2015, -0- shares issued and outstanding at September 30, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized at September 30, 2016 and December 31, 2015, -0- shares issued and outstanding at September 30, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 300,000,000 shares authorized, 87,677,838 issued and outstanding at September 30, 2016, and 86,836,370 issued and outstanding at December 31, 2015	`CommonStockValue`	$8.69K	USD	Point-in-time
Common stock, $0.0001 par value, 300,000,000 shares authorized, 87,677,838 issued and outstanding at September 30, 2016, and 86,836,370 issued and outstanding at December 31, 2015	`CommonStockValue`	$8.77K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$18.91M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$28.64M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-27.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$859.23K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.49M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.21M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	-	USD	3 Qtrs
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Revenues	`SalesRevenueNet`	-	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.52M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.13M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.36M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.66M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$958.92K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.50M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.99M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.36M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$11.88M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$6.16M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.12M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.32M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-11.88M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-6.16M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-3.12M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.32M	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$3.50M	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.88M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.67M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.12M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.32M	USD	1 Quarter
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	3 Qtrs
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	3 Qtrs
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	84.18M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	81.85M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	86.01M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	84.04M	shares	3 Qtrs

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-11.88M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-9.67M	USD	3 Qtrs
Depreciation	`Depreciation`	$3.22K	USD	3 Qtrs
Depreciation	`Depreciation`	$3.20K	USD	3 Qtrs
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$200.00K	USD	3 Qtrs
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$625.00K	USD	3 Qtrs
Stock-based compensation and stock issued to Scientific Advisory Board members	`ShareBasedCompensation`	$6.49M	USD	3 Qtrs
Stock-based compensation and stock issued to Scientific Advisory Board members	`ShareBasedCompensation`	$504.86K	USD	3 Qtrs
Inducement for conversion of Bridge Note to common shares	`AdjustmentsToAdditionalPaidInCapitalInducementToConvert`	-	USD	3 Qtrs
Inducement for conversion of Bridge Note to common shares	`AdjustmentsToAdditionalPaidInCapitalInducementToConvert`	$-3.46M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-140.88K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-28.35K	USD	3 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$773.47K	USD	3 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$96.14K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.27M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.95M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Repayment from stockholders/members	`RepaymentFromAdvancesToStockholdersAndMembers`	$-355.77K	USD	3 Qtrs
Repayment from stockholders/members	`RepaymentFromAdvancesToStockholdersAndMembers`	-	USD	3 Qtrs
Insurance note payments	`InsuranceNotePayments`	$127.64K	USD	3 Qtrs
Insurance note payments	`InsuranceNotePayments`	-	USD	3 Qtrs
Proceeds from Bridge Note	`ProceedsFromNotesPayable`	$960.00K	USD	3 Qtrs
Proceeds from Bridge Note	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Proceeds from private placement offering of common stock and warrants, net	`ProceedsFromIssuanceOfPrivatePlacement`	$3.03M	USD	3 Qtrs
Proceeds from private placement offering of common stock and warrants, net	`ProceedsFromIssuanceOfPrivatePlacement`	$4.26M	USD	3 Qtrs
Proceeds from the collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	$1.25M	USD	3 Qtrs
Proceeds from the collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$6.83M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.90M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.37M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.89M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.45M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.89M	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`	$3.08M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.89M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.72K	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Financing of insurance premiums	`FinancingOfInsurancePremiums`	-	USD	3 Qtrs
Financing of insurance premiums	`FinancingOfInsurancePremiums`	$232.10K	USD	3 Qtrs
Conversion of the Bridge Note and all accrued interest into shares of common stock	`NonCashConversionofBridgeNote`	-	USD	3 Qtrs
Conversion of the Bridge Note and all accrued interest into shares of common stock	`NonCashConversionofBridgeNote`	$2.40M	USD	3 Qtrs
Issuance of subscription receivable for shares issued in conjunction with private placement offering	`NonCashIssuanceofSubscriptionReceivable`	$2.50M	USD	3 Qtrs
Issuance of subscription receivable for shares issued in conjunction with private placement offering	`NonCashIssuanceofSubscriptionReceivable`	-	USD	3 Qtrs
Inducement for conversion of Bridge Note to common shares	`NonCashIncdcementToConvert`	$3.46M	USD	3 Qtrs
Inducement for conversion of Bridge Note to common shares	`NonCashIncdcementToConvert`	-	USD	3 Qtrs
Derivative liability associated with the price protection feature of shares of common stock issued in PPO and Bridge Note conversion	`NonCashFairValueofDerivativeLiability`	-	USD	3 Qtrs
Derivative liability associated with the price protection feature of shares of common stock issued in PPO and Bridge Note conversion	`NonCashFairValueofDerivativeLiability`	$376.30K	USD	3 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02M	USD	Point-in-time
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$859.23K	USD	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	86.84M	shares	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	87.68M	shares	Point-in-time
Issuance of common stock in private placement offering for cash, net of associated expense	`StockIssuedDuringPeriodValueNewIssues`	$3.03M	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.39M	USD	3 Qtrs
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$200.00K	USD	3 Qtrs
Issuance of stock to Scientific Advisory Board members	`IssuanceOfStockToScientificAdvisoryBoardMembers`	$100.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.88M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.67M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.12M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.32M	USD	1 Quarter
Balance, at ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02M	USD	Point-in-time
Balance, at ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$859.23K	USD	Point-in-time
Balance, at ending (in shares)	`CommonStockSharesOutstanding`	86.84M	shares	Point-in-time
Balance, at ending (in shares)	`CommonStockSharesOutstanding`	87.68M	shares	Point-in-time

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