10-Q Filing

TYME TECHNOLOGIES, INC. CIK: 1537917 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001161697-17-000113`
Period End Date	20161231
Filing Date	20170214
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	tymi-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 36 Cash Flow Statement 40 Stockholders Equity 16

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.33M	USD	Point-in-time
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, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$226.10K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$60.13K	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.33M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.05M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.61K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.82K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$3.05M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$6.34M	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
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$2.56M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$1.68M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	87.61M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	88.13M	shares	Point-in-time
Insurance note payable	`NotesPayableCurrent`	$232.10K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	87.61M	shares	Point-in-time
Insurance note payable	`NotesPayableCurrent`	$40.63K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	87.61M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	88.13M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.91M	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 December 31, 2016 and March 31, 2016, -0- shares issued and outstanding at December 31, 2016 and March 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized at December 31, 2016 and March 31, 2016, -0- shares issued and outstanding at December 31, 2016 and March 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 300,000,000 shares authorized, 88,130,152 issued and outstanding at December 31, 2016, and 87,611,370 issued and outstanding at March 31, 2016	`CommonStockValue`	$8.81K	USD	Point-in-time
Common stock, $0.0001 par value, 300,000,000 shares authorized, 88,130,152 issued and outstanding at December 31, 2016, and 87,611,370 issued and outstanding at March 31, 2016	`CommonStockValue`	$8.76K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$31.22M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$23.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-30.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$450.82K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.05M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.34M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Revenues	`SalesRevenueNet`	-	USD	3 Qtrs
Revenues	`SalesRevenueNet`	-	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.46M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.23M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.14M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.75M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.27M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.25M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.66M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.99M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.44M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.12M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$6.50M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-2.99M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-12.12M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-6.50M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-2.44M	USD	1 Quarter
Other income	`InterestExpense`	-	USD	1 Quarter
Other income	`InterestExpense`	$-376.25K	USD	1 Quarter
Other income	`InterestExpense`	-	USD	3 Qtrs
Other income	`InterestExpense`	$-376.25K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.13M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.12M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.06M	USD	1 Quarter
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`	$-0.03	USD	1 Quarter
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	3 Qtrs
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`	80.14M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	82.19M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	84.52M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	84.27M	shares	3 Qtrs

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-12.12M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-6.13M	USD	3 Qtrs
Depreciation	`Depreciation`	$3.21K	USD	3 Qtrs
Depreciation	`Depreciation`	$3.22K	USD	3 Qtrs
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$200.00K	USD	3 Qtrs
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$200.00K	USD	3 Qtrs
Issuance of common stock to Scientific Advisory Board	`IssuanceOfCommonStockSharesToScientificAdvisoryBoard`	$125.00K	USD	3 Qtrs
Issuance of common stock to Scientific Advisory Board	`IssuanceOfCommonStockSharesToScientificAdvisoryBoard`	$100.00K	USD	3 Qtrs
Stock-based compensation for employees, directors and consultants	`ShareBasedCompensation`	$635.86K	USD	3 Qtrs
Stock-based compensation for employees, directors and consultants	`ShareBasedCompensation`	$6.37M	USD	3 Qtrs
Gain on remeasurement of derivative liability	`DerivativeGainOnDerivative`	$376.30K	USD	3 Qtrs
Gain on remeasurement of derivative liability	`DerivativeGainOnDerivative`	-	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-165.97K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-353.44K	USD	3 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$855.69K	USD	3 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$885.81K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.33M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.40M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Change in due from officer	`RepaymentFromAdvancesToStockholdersAndMembers`	$17.62K	USD	3 Qtrs
Change in due from officer	`RepaymentFromAdvancesToStockholdersAndMembers`	-	USD	3 Qtrs
Insurance note payments	`InsuranceNotePayments`	$191.47K	USD	3 Qtrs
Insurance note payments	`InsuranceNotePayments`	-	USD	3 Qtrs
Proceeds from private placement offering , net	`ProceedsFromIssuanceOfPrivatePlacement`	$2.97M	USD	3 Qtrs
Proceeds from private placement offering , net	`ProceedsFromIssuanceOfPrivatePlacement`	$1.47M	USD	3 Qtrs
Proceeds from the collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	$2.50M	USD	3 Qtrs
Proceeds from the collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.45M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.28M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.12M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.12M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.99M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.45M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.11M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.33M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.99M	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`	$6.11M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.33M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.43M	USD	Point-in-time
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$450.82K	USD	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	87.61M	shares	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	88.13M	shares	Point-in-time
Issuance of common stock in private placement offering for cash, net of associated expense	`StockIssuedDuringPeriodValueNewIssues`	$1.47M	USD	3 Qtrs
Stock-based compensation for employees, directors and consultants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.37M	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`	$-2.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.13M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.12M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.06M	USD	1 Quarter
Balance, at ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.43M	USD	Point-in-time
Balance, at ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$450.82K	USD	Point-in-time
Balance, at ending (in shares)	`CommonStockSharesOutstanding`	87.61M	shares	Point-in-time
Balance, at ending (in shares)	`CommonStockSharesOutstanding`	88.13M	shares	Point-in-time

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