10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001654954-17-004452 |
| Period End Date | 20170331 |
| Filing Date | 20170511 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | cdxc-20170401.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
63 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts and returns |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.08M | USD | Point-in-time |
| Allowance for doubtful accounts and returns |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.08M | USD | Point-in-time |
| Cash |
Cash
|
$3.00M | USD | Point-in-time |
| Common Stock, Par Value Per Share |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common Stock, Par Value Per Share |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash |
Cash
|
$1.19M | USD | Point-in-time |
| Cash |
Cash
|
$1.64M | USD | Point-in-time |
| Trade receivables, net of allowances of $1,077,000 and $1,081,000, respectively |
AccountsReceivableNetCurrent
|
$5.85M | USD | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
150.00M | shares | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
150.00M | shares | Point-in-time |
| Trade receivables, net of allowances of $1,077,000 and $1,081,000, respectively |
AccountsReceivableNetCurrent
|
$5.04M | USD | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
37.54M | shares | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
37.92M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$7.91M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$8.94M | USD | Point-in-time |
| Common Stock, Shares, Outstanding |
CommonStockSharesOutstanding
|
37.54M | shares | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$420.26K | USD | Point-in-time |
| Common Stock, Shares, Outstanding |
CommonStockSharesOutstanding
|
37.92M | shares | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$329.85K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$15.74M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$15.59M | USD | Point-in-time |
| Leasehold Improvements and Equipment, net |
PropertyPlantAndEquipmentNet
|
$3.25M | USD | Point-in-time |
| Leasehold Improvements and Equipment, net |
PropertyPlantAndEquipmentNet
|
$3.11M | USD | Point-in-time |
| Deposits |
DepositsAssetsNoncurrent
|
$376.43K | USD | Point-in-time |
| Deposits |
DepositsAssetsNoncurrent
|
$397.21K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.83M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$486.23K | USD | Point-in-time |
| Longterm investment |
LongTermInvestments
|
- | USD | Point-in-time |
| Longterm investment |
LongTermInvestments
|
$20.32K | USD | Point-in-time |
| Total assets |
Assets
|
$19.75M | USD | Point-in-time |
| Total assets |
Assets
|
$21.05M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$5.98M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$7.87M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$2.17M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$1.99M | USD | Point-in-time |
| Current maturities of capital lease obligations |
CapitalLeaseObligationsCurrent
|
$255.46K | USD | Point-in-time |
| Current maturities of capital lease obligations |
CapitalLeaseObligationsCurrent
|
$275.22K | USD | Point-in-time |
| Customer deposits and other |
CustomerAdvancesAndDeposits
|
$389.01K | USD | Point-in-time |
| Customer deposits and other |
CustomerAdvancesAndDeposits
|
$399.01K | USD | Point-in-time |
| Deferred rent, current |
DeferredRentCreditCurrent
|
$76.22K | USD | Point-in-time |
| Deferred rent, current |
DeferredRentCreditCurrent
|
$111.88K | USD | Point-in-time |
| Due to officer |
EmployeeRelatedLiabilitiesCurrent
|
- | USD | Point-in-time |
| Due to officer |
EmployeeRelatedLiabilitiesCurrent
|
$100.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$10.74M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$8.87M | USD | Point-in-time |
| Capital lease obligations, less current maturities |
CapitalLeaseObligationsNoncurrent
|
$365.39K | USD | Point-in-time |
| Capital lease obligations, less current maturities |
CapitalLeaseObligationsNoncurrent
|
$343.59K | USD | Point-in-time |
| Deferred rent, less current |
DeferredRentCreditNoncurrent
|
$568.94K | USD | Point-in-time |
| Deferred rent, less current |
DeferredRentCreditNoncurrent
|
$564.97K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$9.78M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$11.68M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $.001 par value; authorized 150,000,000 shares; issued and outstanding April 1, 2017 37,918,048 shares and December 31, 2016 37,544,531 shares |
CommonStockValue
|
$37.55K | USD | Point-in-time |
| Common stock, $.001 par value; authorized 150,000,000 shares; issued and outstanding April 1, 2017 37,918,048 shares and December 31, 2016 37,544,531 shares |
CommonStockValue
|
$37.92K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$56.49M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$55.16M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-47.15M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-45.22M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$9.37M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$9.97M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$19.75M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$21.05M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales, net |
SalesRevenueGoodsNet
|
$7.33M | USD | 1 Quarter |
| Sales, net |
SalesRevenueGoodsNet
|
$4.45M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$2.70M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$3.88M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$3.45M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.75M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$596.16K | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$544.72K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$464.07K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$664.19K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$2.38M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.99M | USD | 1 Quarter |
| Operating expenses |
OperatingExpenses
|
$3.64M | USD | 1 Quarter |
| Operating expenses |
OperatingExpenses
|
$3.00M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$454.07K | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-1.89M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$794.00 | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$2.00 | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$188.50K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$37.91K | USD | 1 Quarter |
| Nonoperating expenses |
NonoperatingIncomeExpense
|
$-37.91K | USD | 1 Quarter |
| Nonoperating expenses |
NonoperatingIncomeExpense
|
$-187.70K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$266.37K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.93M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$10.74K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-1.93M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$255.62K | USD | 1 Quarter |
| Basic earnings (loss) per common share |
EarningsPerShareBasic
|
$-0.05 | USD | 1 Quarter |
| Basic earnings (loss) per common share |
EarningsPerShareBasic
|
$0.01 | USD | 1 Quarter |
| Diluted earnings (loss) per common share |
EarningsPerShareDiluted
|
$-0.05 | USD | 1 Quarter |
| Diluted earnings (loss) per common share |
EarningsPerShareDiluted
|
$0.01 | USD | 1 Quarter |
| Basic weighted average common shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
36.41M | shares | 1 Quarter |
| Basic weighted average common shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
38.03M | shares | 1 Quarter |
| Diluted weighted average common shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
37.47M | shares | 1 Quarter |
| Diluted weighted average common shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
38.03M | shares | 1 Quarter |
Cash Flow Statement
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-1.93M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$255.62K | USD | 1 Quarter |
| Depreciation of leasehold improvements and equipment |
Depreciation
|
$82.51K | USD | 1 Quarter |
| Depreciation of leasehold improvements and equipment |
Depreciation
|
$129.47K | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$11.31K | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$23.83K | USD | 1 Quarter |
| Share-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$319.83K | USD | 1 Quarter |
| Share-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$324.04K | USD | 1 Quarter |
| Allowance for doubtful trade receivables |
ProvisionForDoubtfulAccounts
|
$-28.79K | USD | 1 Quarter |
| Allowance for doubtful trade receivables |
ProvisionForDoubtfulAccounts
|
$-3.47K | USD | 1 Quarter |
| Loss from disposal of equipment |
GainLossOnDispositionOfAssets
|
$129.00 | USD | 1 Quarter |
| Loss from disposal of equipment |
GainLossOnDispositionOfAssets
|
- | USD | 1 Quarter |
| Non-cash financing costs |
NoncashFinancingCosts
|
$53.45K | USD | 1 Quarter |
| Non-cash financing costs |
NoncashFinancingCosts
|
$25.23K | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInReceivables
|
$822.08K | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInReceivables
|
$-1.85M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.46M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-964.55K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-94.86K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$14.08K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-3.32M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$1.78M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-179.66K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$47.99K | USD | 1 Quarter |
| Customer deposits and other |
IncreaseDecreaseInCustomerDeposits
|
$10.00K | USD | 1 Quarter |
| Customer deposits and other |
IncreaseDecreaseInCustomerDeposits
|
$67.60K | USD | 1 Quarter |
| Deferred rent |
IncreaseDecreaseInOtherDeferredLiability
|
$-18.86K | USD | 1 Quarter |
| Deferred rent |
IncreaseDecreaseInOtherDeferredLiability
|
$39.63K | USD | 1 Quarter |
| Due to officer |
IncreaseDecreaseInDueToOfficersAndStockholders
|
- | USD | 1 Quarter |
| Due to officer |
IncreaseDecreaseInDueToOfficersAndStockholders
|
$-32.50K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-50.56K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.90M | USD | 1 Quarter |
| Purchases of leasehold improvements and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$16.63K | USD | 1 Quarter |
| Purchases of leasehold improvements and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$162.00K | USD | 1 Quarter |
| Purchases of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$183.96K | USD | 1 Quarter |
| Purchases of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$15.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-31.63K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-345.96K | USD | 1 Quarter |
| Proceeds from issuance of common stock, net of issuance costs |
ProceedsFromIssuanceOfCommonStock
|
$480.00K | USD | 1 Quarter |
| Proceeds from issuance of common stock, net of issuance costs |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$93.87K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$6.62K | USD | 1 Quarter |
| Principal payments on loan payable |
PaymentsOfLoanCosts
|
- | USD | 1 Quarter |
| Principal payments on loan payable |
PaymentsOfLoanCosts
|
$146.79K | USD | 1 Quarter |
| Principal payments on capital leases |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$53.54K | USD | 1 Quarter |
| Principal payments on capital leases |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$67.18K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$373.54K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-60.56K | USD | 1 Quarter |
| Net decrease in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-457.08K | USD | 1 Quarter |
| Net decrease in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-2.55M | USD | 1 Quarter |
| Cash Beginning of Period |
CashBeginningOfPeriod
|
$1.64M | USD | 1 Quarter |
| Cash Beginning of Period |
CashBeginningOfPeriod
|
$5.55M | USD | 1 Quarter |
| Cash Ending of Period |
Cash
|
$3.00M | USD | Point-in-time |
| Cash Ending of Period |
Cash
|
$1.19M | USD | Point-in-time |
| Cash Ending of Period |
Cash
|
$1.64M | USD | Point-in-time |
| Cash payments for interest |
InterestPaid
|
$12.68K | USD | 1 Quarter |
| Cash payments for interest |
InterestPaid
|
$135.05K | USD | 1 Quarter |
| Noncash consideration transferred for the acquisition of Healthspan Research LLC |
NoncashConsiderationTransferredForAcquisitionOfHealthspanResearchLlc
|
$1.19M | USD | 1 Quarter |
| Noncash consideration transferred for the acquisition of Healthspan Research LLC |
NoncashConsiderationTransferredForAcquisitionOfHealthspanResearchLlc
|
- | USD | 1 Quarter |
| Capital lease obligation incurred for purchases of equipment |
CapitalLeaseObligationsIncurred
|
- | USD | 1 Quarter |
| Capital lease obligation incurred for purchases of equipment |
CapitalLeaseObligationsIncurred
|
$108.74K | USD | 1 Quarter |
| Inventory supplied to Healthspan Research, LLC for equity interest, at cost |
InventorySuppliedFreeOfChargeToHealthspanResearchLlc
|
$20.32K | USD | 1 Quarter |
| Inventory supplied to Healthspan Research, LLC for equity interest, at cost |
InventorySuppliedFreeOfChargeToHealthspanResearchLlc
|
- | USD | 1 Quarter |
| Retirement of fully depreciated equipment - cost |
PropertyPlantAndEquipmentDisposals
|
$14.66K | USD | 1 Quarter |
| Retirement of fully depreciated equipment - cost |
PropertyPlantAndEquipmentDisposals
|
$26.67K | USD | 1 Quarter |
| Retirement of fully depreciated equipment - accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
|
$-26.67K | USD | 1 Quarter |
| Retirement of fully depreciated equipment - accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
|
$-14.66K | USD | 1 Quarter |
Stockholders Equity
9 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance, Amount |
StockholdersEquity
|
$9.37M | USD | Point-in-time |
| Beginning Balance, Amount |
StockholdersEquity
|
$9.97M | USD | Point-in-time |
| Issuance of common stock associated with the acquisition of Healthspan Research LLC, Amount |
IssuanceOfCommonStockAssociatedWithAcquisitionOfHealthspanResearchLlcAmount
|
$1.00M | USD | 1 Quarter |
| Exercise of stock options, Amount |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$6.62K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$319.83K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-1.93M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$255.62K | USD | 1 Quarter |
| Ending Balance, Amount |
StockholdersEquity
|
$9.37M | USD | Point-in-time |
| Ending Balance, Amount |
StockholdersEquity
|
$9.97M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.