XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statement of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Series B Convertible Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2022 $ 2,695 $ 6 $ 216,195 $ (228,169) $ (408) $ 20,615 $ 10,934
Balance, shares at Dec. 31, 2022 1,205,759 6,300,703          
Balance at Mar. 31, 2023 $ 2,767 $ 7 221,341 (246,172) 32,861 10,804
Balance, shares at Mar. 31, 2023 1,229,887 6,706,427          
Balance at Dec. 31, 2022 $ 2,695 $ 6 216,195 (228,169) (408) 20,615 10,934
Balance, shares at Dec. 31, 2022 1,205,759 6,300,703          
Dividends declared - Series B Convertible Preferred Stock $ 146 (146)
Dividends declared - Series B Convertible Preferred Stock, shares 48,738            
Issue common stock - PAVM ATM Facility 1,166 1,166
Issue common stock - PAVM ATM Facility, shares   155,384          
Vest - restricted stock awards
Vest - restricted stock awards, shares   6,666          
Conversions - Senior Secured Convertible Note $ 1 4,422 4,423
Conversions - Senior Secured Convertible Note, shares   634,899          
Impact of subsidiary equity transactions 1,332 (1,332)
Issuance - vendor service agreement 600 147 747
Issuance - vendor service agreement, shares   100,000          
Stock-based compensation - PAVmed Inc. 2,288 2,288
Stock-based compensation - subsidiaries 646 3,992 4,638
Net Loss (32,468) (7,638) (40,106)
Purchase - Employee Stock Purchase Plan 122 60 182
Purchase - Employee Stock Purchase Plan, shares   25,626          
Purchase - subsidiary common stock - Employee Stock Purchase Plan 276 276
Issuance - subsidiary common stock - Committed Equity Facility, net of financing charges 284 284
Issuance - subsidiary common stock - Settlement APA-RDx - Installment Payment 713 713
Issuance - subsidiary preferred stock (Series A) 13,625 13,625
Treasury stock (348) 348
Treasury stock, shares   12,589          
Balance at Jun. 30, 2023 $ 2,841 $ 7 226,423 (260,783) 30,682 (830)
Balance, shares at Jun. 30, 2023 1,254,497 7,235,867          
Balance at Dec. 31, 2022 $ 2,695 $ 6 216,195 (228,169) (408) 20,615 10,934
Balance, shares at Dec. 31, 2022 1,205,759 6,300,703          
Balance at Dec. 31, 2023 $ 2,993 $ 9 237,600 (294,433) 29,813 (24,018)
Balance, shares at Dec. 31, 2023 1,305,213 8,578,505          
Balance at Mar. 31, 2023 $ 2,767 $ 7 221,341 (246,172) 32,861 10,804
Balance, shares at Mar. 31, 2023 1,229,887 6,706,427          
Dividends declared - Series B Convertible Preferred Stock $ 74 (74)
Dividends declared - Series B Convertible Preferred Stock, shares 24,610            
Issue common stock - PAVM ATM Facility 609 609
Issue common stock - PAVM ATM Facility, shares   83,250          
Conversions - Senior Secured Convertible Note 2,395 2,395
Conversions - Senior Secured Convertible Note, shares   346,190          
Impact of subsidiary equity transactions 143 (143)
Issuance - vendor service agreement 600 147 747
Issuance - vendor service agreement, shares   100,000          
Stock-based compensation - PAVmed Inc. 1,090 1,090
Stock-based compensation - subsidiaries 245 1,172 1,417
Net Loss (14,537) (3,355) (17,892)
Balance at Jun. 30, 2023 $ 2,841 $ 7 226,423 (260,783) 30,682 (830)
Balance, shares at Jun. 30, 2023 1,254,497 7,235,867          
Balance at Dec. 31, 2023 $ 2,993 $ 9 237,600 (294,433) 29,813 (24,018)
Balance, shares at Dec. 31, 2023 1,305,213 8,578,505          
Balance at Mar. 31, 2024 $ 3,071 $ 9 237,863 (309,723) 48,205 (20,575)
Balance, shares at Mar. 31, 2024 1,331,336 8,858,597          
Balance at Dec. 31, 2023 $ 2,993 $ 9 237,600 (294,433) 29,813 (24,018)
Balance, shares at Dec. 31, 2023 1,305,213 8,578,505          
Dividends declared - Series B Convertible Preferred Stock $ 158 (158)
Dividends declared - Series B Convertible Preferred Stock, shares 52,763            
Issue common stock - PAVM ATM Facility 693 693
Issue common stock - PAVM ATM Facility, shares   333,299          
Vest - restricted stock awards
Vest - restricted stock awards, shares   4,064          
Conversions - Senior Secured Convertible Note $ 1 1,112 1,113
Conversions - Senior Secured Convertible Note, shares   574,424          
Conversions - subsidiary common stock - Senior Secured Convertible Note 2,541 2,541
Impact of subsidiary equity transactions 2,169 (2,169)
Issuance - vendor service agreement 50 401 451
Issuance - vendor service agreement, shares   29,757          
Stock-based compensation - PAVmed Inc. 1,532 1,532
Stock-based compensation - subsidiaries 306 1,948 2,254
Net Loss (26,039) (7,387) (33,426)
Exercise - stock options of subsidiary 4 4
Purchase - Employee Stock Purchase Plan 62 62
Purchase - Employee Stock Purchase Plan, shares   34,332          
Purchase - subsidiary common stock - Employee Stock Purchase Plan 353 353
Issuance - subsidiary preferred stock (Series A-1) 5,670 5,670
Exchange - subsidiary preferred stock (Series A and Series A-1) (24,294) (24,294)
Issuance - subsidiary preferred stock (Series B and Series B-1) 55,919 55,919
Subsidiary deemed dividends on preferred stock attributable to noncontrolling interests (7,496) (7,496)
Balance at Jun. 30, 2024 $ 3,151 $ 10 243,524 (320,630) 55,303 (18,642)
Balance, shares at Jun. 30, 2024 1,357,976 9,554,381          
Balance at Mar. 31, 2024 $ 3,071 $ 9 237,863 (309,723) 48,205 (20,575)
Balance, shares at Mar. 31, 2024 1,331,336 8,858,597          
Dividends declared - Series B Convertible Preferred Stock $ 80 (80)
Dividends declared - Series B Convertible Preferred Stock, shares 26,640            
Issue common stock - PAVM ATM Facility 198 198
Issue common stock - PAVM ATM Facility, shares   200,000          
Vest - restricted stock awards
Vest - restricted stock awards, shares   4,064          
Conversions - Senior Secured Convertible Note $ 1 805 806
Conversions - Senior Secured Convertible Note, shares   461,963          
Conversions - subsidiary common stock - Senior Secured Convertible Note 1,854 1,854
Impact of subsidiary equity transactions 3,903 (3,903)
Issuance - vendor service agreement 50 401 451
Issuance - vendor service agreement, shares   29,757          
Issuance - subsidiary preferred stock (Series B-1) 11,634 11,634
Stock-based compensation - PAVmed Inc. 598 598
Stock-based compensation - subsidiaries 107 1,199 1,306
Net Loss (10,827) (4,087) (14,914)
Balance at Jun. 30, 2024 $ 3,151 $ 10 $ 243,524 $ (320,630) $ 55,303 $ (18,642)
Balance, shares at Jun. 30, 2024 1,357,976 9,554,381