Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] | 2. Summary of Significant Accounting Policies Recently Adopted Accounting Standards In June 2018, 2018 07, “Compensation-Stock Compensation (Topic 718 718 January 1, 2019. not In February 2016, 2016 02 Leases January 1, 2019. The new standard requires lessees to recognize both the right-of-use assets and lease liabilities in the balance sheet for most leases, whereas under previous GAAP only finance lease liabilities (previously referred to as capital leases) were recognized in the balance sheet. In addition, the definition of a lease has been revised which may not The new standard provides a number of transition practical expedients, which the Company has elected, including: ● A “package of three” expedients that must be taken together and allow entities to ( 1 not 2 3 not ● An implementation expedient which allows the requirements of the standard in the period of adoption with no The impact of adoption did not January 1, 2019 one January 2019, five $966,000. Revenue Recognition Revenue is recognized based on the five 606: The following tables summarize the revenues of the Company’s reportable segments: Three Months Ended June 30, 2019 Device Revenue Service Revenue Other Revenue Total Revenue Device Segment: AXP $ 3,028,000 $ 54,000 $ 3,082,000 BioArchive 433,000 351,000 784,000 CAR-TXpress 182,000 -- 182,000 Manual Disposables 205,000 -- 205,000 Other -- -- $ 8,000 8,000 Total Device Segment 3,848,000 405,000 8,000 4,261,000 Clinical Development Segment: Disposables 37,000 -- -- 37,000 Other -- 7,000 -- 7,000 Total Clinical Development 37,000 7,000 -- 44,000 Total $ 3,885,000 $ 412,000 $ 8,000 $ 4,305,000 Six Months Ended June 30, 2019 Device Revenue Service Revenue Other Revenue Total Revenue Device Segment: AXP $ 4,295,000 $ 109,000 $ 4,404,000 BioArchive 1,031,000 766,000 1,797,000 Manual Disposables 499,000 -- 499,000 CAR-TXpress 490,000 -- 490,000 Other -- -- $ 22,000 22,000 Total Device Segment 6,315,000 875,000 22,000 7,212,0000 Clinical Development Segment: Disposables 44,000 -- -- 44,000 Other 5,000 7,000 -- 12,000 Total Clinical Development 49,000 7,000 -- 56,000 Total $ 6,364,000 $ 882,000 $ 22,000 $ 7,268,000 Three Months Ended June 30, 2018 Device Revenue Service Revenue Other Revenue Total Revenue Device Segment: AXP $ 849,000 $ 66,000 $ 915,000 BioArchive 449,000 311,000 760,000 Manual Disposables 229,000 -- 229,000 CAR-TXpress 30,000 -- 30,000 Other 8,000 -- $ 16,000 24,000 Total Device Segment 1,565,000 377,000 16,000 1,958,000 Clinical Development Segment: Disposables 1,000 -- -- 1,000 Bone Marrow -- 38,000 -- 38,000 Other -- 7,000 -- 7,000 Total Clinical Development 1,000 45,000 -- 46,000 Total $ 1,566,000 $ 422,000 $ 16,000 $ 2,004,000 Six Months Ended June 30, 2018 Device Revenue Service Revenue Other Revenue Total Revenue Device Segment: AXP $ 1,534,000 $ 131,000 $ 1,665,000 BioArchive 872,000 655,000 1,527,000 Manual Disposables 462,000 -- 462,000 CAR-TXpress 30,000 -- 30,000 Other 46,000 -- $ 33,000 79,000 Total Device Segment 2,944,000 786,000 33,000 3,763,000 Clinical Development Segment: Disposables 23,000 -- -- 23,000 Bone Marrow -- 61,000 -- 61,000 Other -- 24,000 -- 24,000 Total Clinical Development 23,000 85,000 -- 108,000 Total $ 2,967,000 $ 871,000 $ 33,000 $ 3,871,000 Contract Balances Generally, all sales are contract sales (with either an underlying contract or purchase order). The Company does not three six June 30, 2019 $83,000 $446,000, $485,000 $577,000 six June 30, 2019. Backlog of Remaining Customer Performance Obligations The following table includes revenue expected to be recognized and recorded as sales in the future from the backlog of performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period. Remainder of 2019 2020 2021 2022 2023 and Beyond Total Service Revenue $ 701,000 $ 786,000 $ 502,000 $ 165,000 $ 120,000 $ 2,274,000 Clinical Revenue 7,000 14,000 14,000 14,000 202,000 251,000 Total $ 708,000 $ 800,000 $ 516,000 $ 179,000 $ 322,000 $ 2,525,000 Revenues are net of normal discounts. Shipping and handling fees billed to customers are included in net revenues, while the related costs are included in cost of revenues. Fair Value Measurements In accordance with ASC 820, Fair Value Measurements and Disclosures The guidance also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the factors that market participants would use in valuing the asset or liability. The guidance establishes three may Level 1: Level 2: Level 3: The carrying values of cash and cash equivalents, accounts receivable and accounts payable approximate fair value due to their short duration. The fair value of the Company’s derivative obligation liability is classified as Level 3 3 Segment Reporting Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the Chief Operating Decision Maker (CODM), or decision-making group, whose function is to allocate resources to and assess the performance of the operating segments. The Company has identified its chief executive officer as the CODM. In determining its reportable segments, the Company considered the markets and the products or services provided to those markets. The Company has two ● The Clinical Development Segment, is developing autologous (utilizing the patient’s own cells) stem cell-based therapeutics that address significant unmet medical needs for applications within the vascular, cardiology and orthopedic markets. ● The Device Segment, engages in the development and commercialization of automated technologies for cell-based therapeutics and bio-processing. The device division is operated through the Company’s ThermoGenesis subsidiary. Net Loss per Share Net loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding plus the pre-funded warrants. For the purpose of calculating basic net loss per share, the additional shares of common stock that are issuable upon exercise of the pre-funded warrants have been included since the shares are issuable for a negligible consideration and have no 540,945 June 30, 2019 June 30: 2019 2018 Common stock equivalents of convertible promissory notes and accrued interest 5,355,198 1,267,607 Vested Series A warrants 40,442 40,442 Unvested Series A warrants (1) 69,853 69,853 Warrants – other 1,300,091 1,319,728 Stock options 286,229 120,047 Total 7,051,813 2,817,677 ( 1 The unvested Series A warrants were subject to vesting based upon the amount of funds actually received by the Company in the second August 2015 February 2021. Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. The reclassifications did not |