NovaBay Pharmaceuticals Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
NOVABAY PHARMACEUTICALS, INC.
TABLE OF CONTENTS
PART I
FINANCIAL INFORMATION
| Item 1. | Financial Statements | 3 |
|---|---|---|
| Condensed Consolidated Balance Sheets: September 30, 2024 (unaudited) and December 31, 2023 | 3 | |
| Condensed Consolidated Statements of Operations: Three and nine months ended September 30, 2024 and 2023 (unaudited) | 4 | |
| Condensed Consolidated Statements of Stockholders’ Equity (Deficit): Three and nine months ended September 30, 2024 and 2023 (unaudited) | 5 | |
| Condensed Consolidated Statements of Cash Flows: Nine months ended September 30, 2024 and 2023 (unaudited) | 7 | |
| Notes to Condensed Consolidated Financial Statements (unaudited) | 8 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 46 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 57 |
| Item 4. | Controls and Procedures | 57 |
PART II
OTHER INFORMATION
| Item 1. | Legal Proceedings | 58 |
|---|---|---|
| Item 1A. | Risk Factors | 58 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 59 |
| Item 3. | Defaults Upon Senior Securities | 59 |
| Item 4. | Mine Safety Disclosures | 59 |
| Item 5. | Other Information | 59 |
| Item 6. | Exhibits | 60 |
| SIGNATURES | 62 |
Unless the context requires otherwise, all references in this report to “we,” “our,” “us,” the “Company” and “NovaBay” refer to NovaBay Pharmaceuticals, Inc., a Delaware corporation, and, where applicable, also its former wholly-owned subsidiary, DERMAdoctor, LLC, a Missouri limited liability company.
The Company owns live trademark registrations in the U.S., as well as trademark registrations and pending applications in many other countries internationally, with our primary trademarks including “Avenova®”, “CelleRx®”, “PhaseOne®” and** “NeutroPhase®”, which are held directly by NovaBay. “DERMAdoctor®”, “Kakadu C®”, “AIN’T Misbehavin’®” and “KP Duty®” are held directly by our former **wholly-owned subsidiary DERMAdoctor.
On May 30, 2024, the Company effected a 1-for-35 reverse stock split of its common stock (the “Reverse Stock Split”). The accompanying financial statements and related notes give retroactive effect to this Reverse Stock Split.
PART I
FINANCIAL INFORMATION
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.