Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies and Estimates (Tables)

v3.22.2.2
Significant Accounting Policies and Estimates (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Schedule of Marketable Securities

 

    September 30, 2022  
Marketable Securities        
United States treasury bills (due December 29, 2022)   $ 494  
United States treasury bills (due February 23, 2023)     492  
United States treasury bills (due June 15, 2023)     4,387  
United States treasury bills (due July 13, 2023)     127  
United States treasury bills (due August 10, 2023)     485  
Total   $ 5,985  
Schedule of Fair Value of Financial Assets

The following table sets forth the fair value of the Company’s financial assets within the fair value hierarchy:

 

    Level 1     Level 2     Level 3     Fair Value  
    September 30, 2022  
    Level 1     Level 2     Level 3     Fair Value  
Assets                        
Marketable securities:                                
United States treasury bills   $ 5,985     $     $     $ 5,985  
Total   $ 5,985     $     $     $ 5,985  
Schedule of Disaggregated Revenue by Sales Type

Disaggregated revenue by sales type:

  

    2022     2021  
    Three months ending  
    September 30,  
    2022     2021  
Contract manufacturing   $ 277     $ 180  
Custom and white label finished goods manufacturing     15       -  
NexGel branded consumer products     231       155  
Other     45       -  
Total   $ 568     $ 335  

 

    2022     2021  
    Nine months ending  
    September 30,  
    2022     2021  
Contract manufacturing   $ 736     $ 559  
Custom and white label finished goods manufacturing     34       194  
NexGel branded consumer products     623       265  
Other     131        
Total   $ 1,524     $ 1,018