10-Q Filing

TYME TECHNOLOGIES, INC. CIK: 1537917 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001193125-17-331471`
Period End Date	20170930
Filing Date	20171103
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	tyme-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 35 Cash Flow Statement 41 Stockholders Equity 16 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
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.48M	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`	$1.18M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$228.36K	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
Total current assets	`AssetsCurrent`	$8.70M	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
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$5.39K	USD	Point-in-time
Total assets	`Assets`	$8.70M	USD	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
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`	$3.05M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$2.95M	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	$378.60K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.33M	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 September 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 September 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`	$47.60M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$41.42M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$175.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-33.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.39M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$10.72M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.70M	USD	Point-in-time

Income Statement 35 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Revenues	`SalesRevenueNet`	-	USD	2 Qtrs
Revenues	`SalesRevenueNet`	-	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.72M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.13M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.55M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.82M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.67M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.74M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.42M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.99M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.13M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.12M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.49M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.30M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.12M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-8.49M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-9.13M	USD	2 Qtrs
Other income	`NonoperatingIncomeExpense`	$390.38K	USD	2 Qtrs
Other income	`NonoperatingIncomeExpense`	$74.76K	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.20M	USD	Annual
Net loss	`ProfitLoss`	$-8.10M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-5.22M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.13M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-3.12M	USD	1 Quarter
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.11	USD	2 Qtrs
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	2 Qtrs
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	1 Quarter
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
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`	84.12M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	89.28M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	89.32M	shares	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-15.20M	USD	Annual
Net loss	`ProfitLoss`	$-8.10M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-5.22M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.13M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-3.12M	USD	1 Quarter
Depreciation	`Depreciation`	$2.14K	USD	2 Qtrs
Depreciation	`Depreciation`	$2.15K	USD	2 Qtrs
Amortization of employees, directors and consultants stock options	`AmortizationOfEmployeesDirectorsAndConsultantsStockOptions`	$3.59M	USD	2 Qtrs
Amortization of employees, directors and consultants stock options	`AmortizationOfEmployeesDirectorsAndConsultantsStockOptions`	$5.26M	USD	2 Qtrs
Issuance of common stock for services	`ShareBasedCompensation`	$300.00K	USD	2 Qtrs
Gain on remeasurement of derivative liability	`DerivativeGainLossOnDerivativeNet`	$390.38K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$954.57K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-104.09K	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$103.40K	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$570.88K	USD	2 Qtrs
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.90M	USD	Annual
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.74M	USD	2 Qtrs
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	2 Qtrs
Insurance note payments	`InsuranceNotePayments`	$127.64K	USD	2 Qtrs
Proceeds from private placement offering of common stock and warrants, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$2.60M	USD	2 Qtrs
Proceeds from private placement offering of common stock and warrants, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$11.90M	USD	1 Quarter
Proceeds from collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	$175.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.77M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-127.64K	USD	2 Qtrs
Net (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.03M	USD	2 Qtrs
Net (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.97M	USD	2 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	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`	$6.11M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.48M	USD	Point-in-time
Cash and cash equivalents - ending of period	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
Cash and cash equivalents - ending of period	`CashAndCashEquivalentsAtCarryingValue`	$3.08M	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`	$10.48M	USD	Point-in-time
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Derivative liability associated with the price protection feature of shares of common stock issued	`NonCashFairValueofDerivativeLiability`	$11.79K	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.39M	USD	Point-in-time
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65M	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	2 Qtrs
Proceeds from collection of stock subscription receivable	`StockholdersEquityOther`	$175.00K	USD	2 Qtrs
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.59M	USD	2 Qtrs
Derivative liability	`StockIssuedForDerivativeLiability`	$-11.79K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-9.13M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.12M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.10M	USD	2 Qtrs
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.39M	USD	Point-in-time
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65M	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	2 Qtrs

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