10-Q Filing

TYME TECHNOLOGIES, INC. CIK: 1537917 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001193125-17-254249`
Period End Date	20170630
Filing Date	20170810
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	tyme-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 18 Cash Flow Statement 34 Stockholders Equity 14 Comprehensive Income 1

Balance Sheet 49 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`	$10.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.11M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.28M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$228.36K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.71M	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
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$7.54K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$6.46K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	91.69M	shares	Point-in-time
Total assets	`Assets`	$10.72M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	89.32M	shares	Point-in-time
Total assets	`Assets`	$11.79M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	88.19M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	89.32M	shares	Point-in-time
Common stock, subscribed	`CommonStockSharesSubscribedButUnissued`	58,823.00	shares	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$2.95M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$3.14M	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	$378.60K	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	$74.76K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.21M	USD	Point-in-time
Preferred stock, $.0001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.0001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 300,000,000 shares authorized, 89,321,067 issued and outstanding at June 30, 2017, 91,692,641 issued and 88,192,641 outstanding at March 31, 2017	`CommonStockValue`	$8.94K	USD	Point-in-time
Common stock, $0.0001 par value, 300,000,000 shares authorized, 89,321,067 issued and outstanding at June 30, 2017, 91,692,641 issued and 88,192,641 outstanding at March 31, 2017	`CommonStockValue`	$9.17K	USD	Point-in-time
Common stock, $0.0001 par value, 58,823 shares subscribed at March 31, 2017	`CommonStockSharesSubscriptions`	$6.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$41.42M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$45.30M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$175.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-33.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-36.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$8.58M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$11.79M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$10.72M	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.26M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.59M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.92M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.43M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.01M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.19M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.19M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.01M	USD	1 Quarter
Other income	`NonoperatingIncomeExpense`	$315.62K	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.87M	USD	1 Quarter
Net loss	`ProfitLoss`	$-6.01M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.21M	USD	Annual
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`	$-0.07	USD	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	84.12M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	89.26M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.87M	USD	1 Quarter
Net loss	`ProfitLoss`	$-6.01M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.21M	USD	Annual
Depreciation	`Depreciation`	$1.06K	USD	1 Quarter
Depreciation	`Depreciation`	$1.07K	USD	1 Quarter
Amortization of employees, directors and consultants stock options	`AmortizationOfEmployeesDirectorsAndConsultantsStockOptions`	$4.12M	USD	1 Quarter
Amortization of employees, directors and consultants stock options	`AmortizationOfEmployeesDirectorsAndConsultantsStockOptions`	$1.30M	USD	1 Quarter
Issuance of common stock for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$100.00K	USD	1 Quarter
Gain on remeasurement of derivative liability	`DerivativeGainLossOnDerivativeNet`	$315.62K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-57.87K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.05M	USD	1 Quarter
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$191.22K	USD	1 Quarter
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-166.34K	USD	1 Quarter
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.90M	USD	1 Quarter
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.86M	USD	Annual
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.75M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Proceeds from private placement offering of common stock and warrants, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$11.88M	USD	1 Quarter
Proceeds from private placement offering of common stock and warrants, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$2.60M	USD	1 Quarter
Proceeds from collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	$175.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.77M	USD	1 Quarter
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.90M	USD	1 Quarter
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$18.78K	USD	1 Quarter
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.48M	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`	$10.50M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.21M	USD	Point-in-time
Cash and cash equivalents - ending of period	`CashAndCashEquivalentsAtCarryingValue`	$10.48M	USD	Point-in-time
Cash and cash equivalents - ending of period	`CashAndCashEquivalentsAtCarryingValue`	$6.11M	USD	Point-in-time
Cash and cash equivalents - ending of period	`CashAndCashEquivalentsAtCarryingValue`	$10.50M	USD	Point-in-time
Cash and cash equivalents - ending of period	`CashAndCashEquivalentsAtCarryingValue`	$4.21M	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$8.17K	USD	1 Quarter
Derivative liability associated with the price protection feature of shares of common stock issued	`NonCashFairValueofDerivativeLiability`	$11.79K	USD	1 Quarter

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.39M	USD	Point-in-time
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.58M	USD	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	88.19M	shares	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	89.32M	shares	Point-in-time
Issuance of common stock and warrants in private placement offering for cash, net of associated expenses	`StockIssuedDuringPeriodValueNewIssues2`	$2.60M	USD	1 Quarter
Proceeds from collection of stock subscription receivable	`StockholdersEquityOther`	$175.00K	USD	1 Quarter
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.30M	USD	1 Quarter
Derivative liability	`StockIssuedForDerivativeLiability`	$-11.79K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.01M	USD	1 Quarter
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.39M	USD	Point-in-time
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.58M	USD	Point-in-time
Balance, at end (in shares)	`CommonStockSharesOutstanding`	88.19M	shares	Point-in-time
Balance, at end (in shares)	`CommonStockSharesOutstanding`	89.32M	shares	Point-in-time

Comprehensive Income 1 line items

Line Item	Tag	Value	Unit	Period
Offering expense	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$130.30K	USD	1 Quarter

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