v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Sales revenue $ 6,519 $ 13,063 $ 6,519 $ 35,549
Revenue 6,519 13,063 6,519 35,549
Grant and other revenue 51,007 247,983 51,007 349,234
Total revenue 57,526 261,046 57,526 384,783
Cost of revenue 473 0 473 0
Gross profit 57,053 261,046 57,053 384,783
Operating expenses:        
Research and development 1,723,988 1,498,056 2,893,242 2,720,810
Selling, general and administrative 1,255,666 1,432,610 3,065,695 3,663,355
Total operating expenses 2,979,654 2,930,666 5,958,937 6,384,165
Loss from operations [1] (2,922,601) (2,669,620) (5,901,884) (5,999,382)
Other (expense) income:        
Interest (expense) income, net (83,584) 1,266 (87,246) (1,609)
Gain on extinguishment of debt 0 0 0 366,000
Other, net 6,726 (5,686) 2,427 (5,941)
Total other (expense) income, net (76,858) (4,420) (84,819) 358,450
Net loss (2,999,459) (2,674,040) (5,986,703) (5,640,932)
Loss attributable to noncontrolling interest 1 1 3 3
Net loss attributable to common stockholders $ (2,999,458) $ (2,674,039) $ (5,986,700) $ (5,640,929)
Loss attributable to common stockholders per common share (basic and diluted) (in dollars per share) $ (0.10) $ (0.09) $ (0.20) $ (0.20)
Weighted average shares outstanding (in shares) 30,268,858 29,117,832 30,238,471 28,531,660
Sales Revenue [Member]        
Revenue:        
Sales revenue $ 6,519 $ 0 $ 6,519 $ 0
Revenue 6,519 0 6,519 0
License [Member]        
Revenue:        
Sales revenue 0 13,063 0 35,549
Revenue $ 0 $ 13,063 $ 0 $ 35,549
[1] Loss from operations does not reflect the allocation of certain selling, general and administrative expenses, excluding depreciation and amortization, to our individual reportable segments, other than those expenses directly incurred by Navidea Europe, Navidea UK and MT.

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