Annual report pursuant to Section 13 and 15(d)

Collaboration Agreement (Details Narrative)

v3.21.2
Collaboration Agreement (Details Narrative) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Aug. 31, 2021
Jun. 30, 2021
Sep. 30, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Collaborative arrangement, rights and obligations     New Life is also obligated to pay a non-refundable deferred license fee of an additional $1.0 million at the time of the satisfaction of certain milestones, as well as potential additional milestone payments to the Company of up to $19.0 million subject to the achievement of certain development and commercialization milestones. In addition, during the Royalty Term (as defined below), New Life is obligated to pay the Company tiered double digit royalties ranging from 12% to 30% based on annual net sales of Products in the Exclusive Territory. The “Royalty Term” means, on a Product-by-Product and a country-by-country basis in the Exclusive Territory, the period commencing on the date of the first commercial sale (subject to certain conditions) of such Product in such country in the Exclusive Territory and continuing until New Life ceases commercialization of such Product in the DPN Field (or CIPN Field, if applicable).
Performance obligation     $ 1.0
Revenue recognized     0.5
Revenue recognized transaction price     1.0
License Agreement [Member]      
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Proceeds for negotiate license agreement $ 0.5    
New Life Agreement [Member]      
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Proceeds for negotiate license agreement     $ 0.5
Future milestone payments   $ 1.0  
Milestone payments   $ 19.0  
New Life Agreement [Member] | Minimum [Member]      
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Royalties, percentage     12.00%
New Life Agreement [Member] | Maximum [Member]      
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Royalties, percentage     30.00%