v3.24.2.u1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Revenue $ 759,944 $ 657,778 $ 4,273,892 $ 1,423,678
Operating expenses        
Cost of revenues 837,937 383,692 1,776,149 995,432
Research and development 3,606,621 5,154,072 7,494,966 11,444,827
Selling, general and administrative 5,013,671 7,046,843 10,022,902 13,520,536
Change in fair value of contingent earn-out receivable, related party     (1,000,000)  
Total operating expenses 9,458,229 12,584,607 18,294,017 25,960,795
Operating loss (8,698,285) (11,926,829) (14,020,125) (24,537,117)
Interest income 1,146 108,674 18,064 304,668
Interest expense (240,207) (155,782) (489,926) (290,225)
Unrealized gain (loss) on short-term investments 15 (26,001) 995 63,321
Change in fair value of non-convertible promissory note, related party (10,000)   (10,000)  
Change in fair value of convertible promissory note, related party (8,250)   (104,250)  
Gain on partial debt extinguishment 170,000   170,000  
Other income 22,581   1,100,003 20,000
Other expense (520,709) (147,378) (606,158) (180,961)
Total non-operating (expense) income (585,424) (220,487) 78,728 (83,197)
Net loss before income taxes from continuing operations (9,283,709) (12,147,316) (13,941,397) (24,620,314)
Income tax benefit   571,120   571,120
Net loss from continuing operations (9,283,709) (11,576,196) (13,941,397) (24,049,194)
Net loss from discontinued operations, net of tax benefit   (2,385,506)   (2,807,643)
Net loss (9,283,709) (13,961,702) (13,941,397) (26,856,837)
Net loss - non-controlling interest (408,861) (69,686) (649,000) (180,175)
Net loss attributable to Scorpius Holdings, Inc. $ (8,874,848) $ (13,892,016) $ (13,292,397) $ (26,676,662)
Weighted-average common shares outstanding, basic (in shares) 328,979 130,237 234,936 130,047
Weighted-average common shares outstanding, diluted (in shares) 328,979 130,237 234,936 130,047
Net loss per share, basic - continuing operations (in dollars per share) $ (26.98) $ (88.35) $ (56.58) $ (183.54)
Net loss per share, diluted - continuing operations (in dollars per share) (26.98) (88.35) (56.58) (183.54)
Net loss per share, basic - discontinued operations (in dollars per share)   (18.32)   (21.59)
Net loss per share, diluted - discontinued operations (in dollars per share)   (18.32)   (21.59)
Net loss per share common share attributable to Scorpius Holdings, Inc., basic (26.98) (106.67) (56.58) (205.13)
Net loss per share common share attributable to Scorpius Holdings, Inc., diluted $ (26.98) $ (106.67) $ (56.58) $ (205.13)
Comprehensive loss        
Net loss $ (9,283,709) $ (13,961,702) $ (13,941,397) $ (26,856,837)
Unrealized (loss) gain on foreign currency translation (42,706) 21,075 38,292 53,038
Total comprehensive loss (9,326,415) (13,940,627) (13,903,105) (26,803,799)
Comprehensive loss attributable to non-controlling interest (408,861) (69,686) (649,000) (180,175)
Comprehensive loss - Scorpius Holdings, Inc. $ (8,917,554) $ (13,870,941) $ (13,254,105) $ (26,623,624)

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