10-Q Filing

CADIZ INC CIK: 727273 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-014364`
Period End Date	20230331
Filing Date	20230515
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	cdzi20230331_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 34 Cash Flow Statement 66 Stockholders Equity 20

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.28M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.26M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.26M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	329.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	329.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.29M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	329.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$225.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$454.00K	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	329.00	shares	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.09	pure	1 Quarter
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$696.00K	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.09	pure	1 Quarter
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.69M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.44M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$29.46M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Property, plant, equipment and water programs, net	`PropertyPlantAndEquipmentNet`	$85.20M	USD	Point-in-time
Property, plant, equipment and water programs, net	`PropertyPlantAndEquipmentNet`	$84.14M	USD	Point-in-time
Long-term deposit/prepaid expenses	`PrepaidExpenseNoncurrent`	$420.00K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	66.54M	shares	Point-in-time
Long-term deposit/prepaid expenses	`PrepaidExpenseNoncurrent`	$420.00K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	55.82M	shares	Point-in-time
Goodwill	`Goodwill`	$5.71M	USD	Point-in-time
Goodwill	`Goodwill`	$5.71M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.82M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	66.54M	shares	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$553.00K	USD	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$524.00K	USD	Point-in-time
Long-term restricted cash	`RestrictedCashNoncurrent`	$2.50M	USD	Point-in-time
Long-term restricted cash	`RestrictedCashNoncurrent`	$6.34M	USD	Point-in-time
Long-term restricted cash	`RestrictedCashNoncurrent`	$1.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.03M	USD	Point-in-time
Total assets	`Assets`	$127.55M	USD	Point-in-time
Total assets	`Assets`	$110.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.54M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.07M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$131.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$140.00K	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$1.26M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$1.29M	USD	Point-in-time
Contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$1.45M	USD	Point-in-time
Contingent consideration liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$1.45M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$109.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$109.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.43M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$36.62M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$48.95M	USD	Point-in-time
Long-term lease obligations with related party, net	`LessorOperatingLeaseDepositLiabilities`	$21.25M	USD	Point-in-time
Long-term lease obligations with related party, net	`LessorOperatingLeaseDepositLiabilities`	$20.75M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilities`	-	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilities`	$2.22M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$418.00K	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$444.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$750.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$750.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$36.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$37.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$66.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$76.56M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	$1.00K	USD	Point-in-time
Preferred stock	`PreferredStockValue`	$1.00K	USD	Point-in-time
Common stock - $.01 par value; 70,000,000 shares authorized at March 31, 2023 and December 31, 2022; shares issued and outstanding 66,541,262 at March 31, 2023 and 55,823,810 at December 31, 2022	`CommonStockValue`	$663.00K	USD	Point-in-time
Common stock - $.01 par value; 70,000,000 shares authorized at March 31, 2023 and December 31, 2022; shares issued and outstanding 66,541,262 at March 31, 2023 and 55,823,810 at December 31, 2022	`CommonStockValue`	$556.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$675.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$636.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-603.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-615.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$45.61M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$60.82M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$40.61M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$34.22M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$110.79M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$127.55M	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$142.00K	USD	1 Quarter
Total revenues	`Revenues`	$130.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.81M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.95M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$329.00K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$121.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.93M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$4.28M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-4.15M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.79M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.99M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.50M	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	-	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$168.00K	USD	1 Quarter
Gain on derivative liability	`DerivativeGainOnDerivative`	-	USD	1 Quarter
Gain on derivative liability	`DerivativeGainOnDerivative`	$130.00K	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.33M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.78M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-10.69M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.00K	USD	1 Quarter
Loss from equity-method investments	`IncomeLossFromEquityMethodInvestments`	$-134.00K	USD	1 Quarter
Loss from equity-method investments	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Net loss and comprehensive loss	`NetIncomeLoss`	$-5.91M	USD	1 Quarter
Net loss and comprehensive loss	`NetIncomeLoss`	$-10.69M	USD	1 Quarter
Less: Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$1.26M	USD	1 Quarter
Less: Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$1.26M	USD	1 Quarter
Net loss and comprehensive loss applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.18M	USD	1 Quarter
Net loss and comprehensive loss applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-11.96M	USD	1 Quarter
Basic and diluted net loss per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	1 Quarter
Basic and diluted net loss per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.16	USD	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesIssuedBasic`	62.64M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesIssuedBasic`	44.43M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net loss and comprehensive loss	`NetIncomeLoss`	$-5.91M	USD	1 Quarter
Net loss and comprehensive loss	`NetIncomeLoss`	$-10.69M	USD	1 Quarter
Depreciation	`Depreciation`	$329.00K	USD	1 Quarter
Depreciation	`Depreciation`	$121.00K	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfDebtDiscountPremium`	$194.00K	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfDebtDiscountPremium`	$568.00K	USD	1 Quarter
Amortization of right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$29.00K	USD	1 Quarter
Amortization of right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.00K	USD	1 Quarter
Interest expense added to loan principal	`PaidInKindInterestAddedToLoanPrincipal`	-	USD	1 Quarter
Interest expense added to loan principal	`PaidInKindInterestAddedToLoanPrincipal`	$166.00K	USD	1 Quarter
Interest expense added to lease liability	`PaidInKindInterestAddedToLeaseLiability`	$500.00K	USD	1 Quarter
Interest expense added to lease liability	`PaidInKindInterestAddedToLeaseLiability`	$442.00K	USD	1 Quarter
Unrealized gain on derivative liability	`FairValueAdjustmentOfWarrants`	$-130.00K	USD	1 Quarter
Unrealized gain on derivative liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnDebtConversionAndExtinguishmentOfDebt`	$-5.33M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnDebtConversionAndExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on equity method investments	`IncomeLossFromEquityMethodInvestmentsExcludingInvestingActivities`	-	USD	1 Quarter
Loss on equity method investments	`IncomeLossFromEquityMethodInvestmentsExcludingInvestingActivities`	$-134.00K	USD	1 Quarter
Compensation charge for stock and share option awards	`ShareBasedCompensation`	$326.00K	USD	1 Quarter
Compensation charge for stock and share option awards	`ShareBasedCompensation`	$433.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-146.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-229.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$102.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$994.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-29.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$271.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$664.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$523.00K	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-246.00K	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-26.00K	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$116.00K	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$795.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.22M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.07M	USD	1 Quarter
Additions to property, plant and equipment and water programs	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.21M	USD	1 Quarter
Additions to property, plant and equipment and water programs	`PaymentsToAcquirePropertyPlantAndEquipment`	$530.00K	USD	1 Quarter
Contributions to equity-method investments	`PaymentsToAcquireInterestInJointVenture`	$100.00K	USD	1 Quarter
Contributions to equity-method investments	`PaymentsToAcquireInterestInJointVenture`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-630.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.21M	USD	1 Quarter
Net proceeds from issuance of stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$11.74M	USD	1 Quarter
Net proceeds from issuance of stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$38.49M	USD	1 Quarter
Dividend payments	`PaymentsOfDividends`	$1.29M	USD	1 Quarter
Dividend payments	`PaymentsOfDividends`	$7.84M	USD	7 Qtrs
Dividend payments	`PaymentsOfDividends`	$1.29M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$15.05M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$15.00M	USD	Point-in-time
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$35.00K	USD	1 Quarter
Issuance costs of long-term debt	`PaymentsOfDebtIssuanceCosts`	$27.00K	USD	1 Quarter
Issuance costs of long-term debt	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Costs for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	1 Quarter
Costs for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$600.00K	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$261.00K	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.42M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$21.27M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.99M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.57M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$19.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$19.86M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$550.00	USD	1 Quarter
Dividends declared (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$550.00	USD	1 Quarter
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.09	pure	1 Quarter
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.09	pure	1 Quarter
Balance	`StockholdersEquity`	$45.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$60.82M	USD	Point-in-time
Balance	`StockholdersEquity`	$40.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$34.22M	USD	Point-in-time
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$433.00K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$65.00K	USD	1 Quarter
Issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$38.49M	USD	1 Quarter
Issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$11.74M	USD	1 Quarter
Dividends declared on 8.875% series A cumulative perpetual preferred shares ($550 per share)	`DividendsPreferredStockCash`	$1.26M	USD	1 Quarter
Dividends declared on 8.875% series A cumulative perpetual preferred shares ($550 per share)	`DividendsPreferredStockCash`	$1.26M	USD	1 Quarter
Net loss and comprehensive loss	`NetIncomeLoss`	$-5.91M	USD	1 Quarter
Net loss and comprehensive loss	`NetIncomeLoss`	$-10.69M	USD	1 Quarter
Balance	`StockholdersEquity`	$45.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$60.82M	USD	Point-in-time
Balance	`StockholdersEquity`	$40.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$34.22M	USD	Point-in-time

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