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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 39,744 $ 77,258
Accounts receivable 17 200
Prepaid expenses, deposits, and other current assets 4,165 5,179
Total current assets 43,926 82,637
Fixed assets, net 2,451 1,585
Operating lease right-of-use assets 3,037
Intangible assets, net 3,445 2,029
Other assets 1,121 725
Total assets 53,980 86,976
Current liabilities:    
Accounts payable 2,704 3,299
Accrued expenses and other current liabilities 3,705 4,259
Operating lease liabilities, current portion 1,141
Senior Secured Convertible Notes - at fair value 33,650
Total current liabilities 41,200 7,558
Operating lease liabilities, less current portion 1,846
Total liabilities 43,046 7,558
Commitments and contingencies (Note 12)
Stockholders’ Equity:    
Preferred stock, $0.001 par value. Authorized, 20,000,000 shares; Series B Convertible Preferred Stock, par value $0.001, issued and outstanding 1,205,759 at December 31, 2022 and 1,113,919 shares at December 31, 2021 2,695 2,419
Common stock, $0.001 par value. Authorized, 250,000,000 shares; 94,510,537 and 86,367,845 shares outstanding as of December 31, 2022 and December 31, 2021, respectively 95 86
Additional paid-in capital 216,106 198,071
Accumulated deficit (228,169) (138,910)
Treasury stock (408)
Total PAVmed Inc. Stockholders’ Equity (9,681) 61,666
Noncontrolling interests 20,615 17,752
Total Stockholders’ Equity 10,934 79,418
Total Liabilities and Stockholders’ Equity $ 53,980 $ 86,976