10-Q Filing

TYME TECHNOLOGIES, INC. CIK: 1537917 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-034069`
Period End Date	20171231
Filing Date	20180207
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	tyme-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 34 Cash Flow Statement 44 Stockholders Equity 17

Balance Sheet 52 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`	$6.11M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.81M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	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`	$1.79M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$228.36K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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
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`	$7.54K	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$4.31K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	90.80M	shares	Point-in-time
Total assets	`Assets`	$12.60M	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, outstanding	`CommonStockSharesOutstanding`	90.80M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	88.19M	shares	Point-in-time
Common stock, subscribed	`CommonStockSharesSubscribedButUnissued`	58,823.00	shares	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$2.61M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$1.65M	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$1.30M	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$1.11M	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	$378.60K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.71M	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, 90,800,723 issued and outstanding at December 31, 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, 300,000,000 shares authorized, 90,800,723 issued and outstanding at December 31, 2017, 91,692,641 issued and 88,192,641 outstanding at March 31, 2017	`CommonStockValue`	$9.08K	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`	$56.40M	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`	$-47.52M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-33.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$8.89M	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`	$12.60M	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Revenues	`SalesRevenueNet`	-	USD	3 Qtrs
Revenues	`SalesRevenueNet`	-	USD	3 Qtrs
Revenues	`SalesRevenueNet`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.59M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.75M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$6.40M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.46M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.66M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.64M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.98M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.25M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$14.05M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.99M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.12M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-2.99M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-14.05M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-12.12M	USD	3 Qtrs
Other income	`NonoperatingIncomeExpense`	$390.38K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-13.66M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-2.99M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.20M	USD	Annual
Net loss	`ProfitLoss`	$-5.56M	USD	1 Quarter
Net loss	`ProfitLoss`	$-12.12M	USD	3 Qtrs
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.14	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`	$-0.15	USD	3 Qtrs
Basic and diluted loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	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
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	89.93M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	89.50M	shares	3 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-13.66M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-2.99M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.20M	USD	Annual
Net loss	`ProfitLoss`	$-5.56M	USD	1 Quarter
Net loss	`ProfitLoss`	$-12.12M	USD	3 Qtrs
Depreciation	`Depreciation`	$3.21K	USD	3 Qtrs
Depreciation	`Depreciation`	$3.22K	USD	3 Qtrs
Amortization of employees, directors and consultants stock options	`AmortizationOfEmployeesDirectorsAndConsultantsStockOptions`	$5.26M	USD	3 Qtrs
Amortization of employees, directors and consultants stock options	`AmortizationOfEmployeesDirectorsAndConsultantsStockOptions`	$6.64M	USD	3 Qtrs
Issuance of common stock for services	`ShareBasedCompensation`	$1.41M	USD	3 Qtrs
Gain on remeasurement of derivative liability	`DerivativeGainLossOnDerivativeNet`	$390.38K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.57M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-165.97K	USD	3 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$765.37K	USD	3 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$885.81K	USD	3 Qtrs
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.90M	USD	Annual
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.40M	USD	3 Qtrs
Net cash used in operating expenses	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-8.20M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Insurance note payments	`InsuranceNotePayments`	$191.47K	USD	3 Qtrs
Proceeds from private placement offering of common stock and warrants, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$1.47M	USD	3 Qtrs
Proceeds from private placement offering of common stock and warrants, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$2.60M	USD	3 Qtrs
Proceeds from private placement offering of common stock and warrants, net of issuance costs	`ProceedsFromIssuanceOfPrivatePlacement`	$11.90M	USD	1 Quarter
Issuance of common stock from at-the-market financing facility, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$5.75M	USD	1 Quarter
Issuance of common stock from at-the-market financing facility, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$5.75M	USD	3 Qtrs
Proceeds from collection of stock subscription receivable	`ProceedsFromCollectionOfStockSubscriptionReceivable`	$175.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.28M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$8.53M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.12M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$322.80K	USD	3 Qtrs
Cash and cash equivalents-beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.11M	USD	Point-in-time
Cash and cash equivalents-beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.99M	USD	Point-in-time
Cash and cash equivalents-beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.48M	USD	Point-in-time
Cash and cash equivalents-beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.81M	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`	$2.99M	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`	$10.81M	USD	Point-in-time
Interest	`InterestPaid`	-	USD	3 Qtrs
Interest	`InterestPaid`	-	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Derivative liability associated with the price protection feature of shares of common stock issued	`NonCashFairValueofDerivativeLiability`	$11.79K	USD	3 Qtrs

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.89M	USD	Point-in-time
Balance, at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.39M	USD	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	90.80M	shares	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	88.19M	shares	Point-in-time
Issuance of common stock and warrants in private placement offering for cash, net of associated expenses	`StockIssuedDuringPeriodValueNewIssues2`	$2.60M	USD	3 Qtrs
Issuance of common stock from at-the-market financing facility, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$5.75M	USD	3 Qtrs
Proceeds from collection of stock subscription receivable	`StockholdersEquityOther`	$-175.00K	USD	3 Qtrs
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.64M	USD	3 Qtrs
Derivative liability	`StockIssuedForDerivativeLiability`	$-11.79K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-5.56M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.12M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-13.66M	USD	3 Qtrs
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.89M	USD	Point-in-time
Balance, at end	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.39M	USD	Point-in-time
Balance, at end (in shares)	`CommonStockSharesOutstanding`	90.80M	shares	Point-in-time
Balance, at end (in shares)	`CommonStockSharesOutstanding`	88.19M	shares	Point-in-time

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