XML 50 R39.htm IDEA: XBRL DOCUMENT v3.20.2
Nature of Operations - Additional Information (Details)
$ / shares in Units, € in Thousands
1 Months Ended 9 Months Ended
Nov. 03, 2020
USD ($)
Nov. 03, 2020
EUR (€)
Sep. 30, 2020
USD ($)
$ / shares
shares
Sep. 30, 2020
EUR (€)
Jun. 16, 2020
USD ($)
$ / shares
shares
May 04, 2020
USD ($)
May 04, 2020
EUR (€)
Mar. 19, 2020
USD ($)
$ / shares
shares
Nov. 07, 2019
shares
Mar. 31, 2020
USD ($)
shares
Sep. 30, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Nature Of Operations [Line Items]                        
Accumulated deficit     $ 142,707,000               $ 142,707,000 $ 75,686,000
Net proceeds from private placement                   $ 20,300,000 20,300,000  
Net proceeds from shares issuance                     $ 6,206,000  
Common stock, shares issued | shares     40,873,588               40,873,588 28,686,116
Common stock, par value | $ / shares     $ 0.0001               $ 0.0001 $ 0.0001
Convertible promissory notes, cash issuance costs     $ 1,079,000               $ 1,079,000  
Common stock, shares issued | shares     40,873,588               40,873,588 28,686,116
Gain (loss) on disposal transaction                     $ (385,000)  
Med Group Consult Ltd | Venus Concept Central Eastern Europe Ltd                        
Nature Of Operations [Line Items]                        
Percentage of ownership interest           51.00% 51.00%          
Cash consideration           $ 531,000 € 473          
Payment received     $ 312,000 € 279                
Percentage of operating revenue                     1.00%  
Transaction date of sale and purchase agreement                     May 04, 2020  
Gain (loss) on disposal transaction           $ (385,000)            
Med Group Consult Ltd | Venus Concept Central Eastern Europe Ltd | Subsequent Event                        
Nature Of Operations [Line Items]                        
Payment received $ 111,000 € 97                    
Common Stock                        
Nature Of Operations [Line Items]                        
Net proceeds from private placement                   $ 4,052,000    
Preferred stock convertible into common stock | shares         6,600,000              
Merger Agreement | Venus Concept Ltd.                        
Nature Of Operations [Line Items]                        
Right to number of shares to be received in exchange of each outstanding ordinary and preferred share | shares                 8.6506      
Investors | Securities Purchase Agreement                        
Nature Of Operations [Line Items]                        
Common stock, shares issued | shares               2,300,000        
Common stock, par value | $ / shares               $ 0.0001        
Warrants expiry period               5 years        
Warrants exercisable period                     beginning 181 days after their issue date  
Common stock, shares issued | shares               2,300,000        
Investors | Securities Purchase Agreement | Private Placement                        
Nature Of Operations [Line Items]                        
Net proceeds from shares issuance               $ 22,250,000        
Warrants to purchase shares of common stock | shares               6,675,000        
Exercise price of warrants | $ / shares               $ 3.50        
Convertible promissory notes, cash issuance costs               $ 1,950,000        
Investors | Securities Purchase Agreement | Series A Convertible Preferred Stock                        
Nature Of Operations [Line Items]                        
Preferred stock, shares issued | shares         660,000     660,000   660,000    
Preferred stock, par value | $ / shares               $ 0.0001        
Investors | Securities Purchase Agreement | Series A Convertible Preferred Stock | Common Stock                        
Nature Of Operations [Line Items]                        
Preferred stock convertible into common stock | shares         6,600,000     6,600,000        
Equity Purchase Agreement | Lincoln Park                        
Nature Of Operations [Line Items]                        
Net proceeds from shares issuance                     $ 6,206,000  
Equity purchase agreement term         2 years              
Common stock, shares issued | shares     2,030,715               2,030,715  
Common stock, par value | $ / shares         $ 0.0001              
Percentage of common shares outstanding         19.99%              
Common stock, average purchase price per share | $ / shares     $ 3.36               $ 3.36  
Common stock, shares issued | shares     2,030,715               2,030,715  
Commitment shares issued | shares                     209,566  
Commitment shares issued, value                     $ 620,000  
Share issued, issuance costs     $ 123,000               123,000  
Gross proceeds from common stock issuance                     6,826,000  
Gross proceeds from commitment shares                     6,826,000  
Amortization of deferred issuance costs     $ 384,000               $ 384,000  
Minimum | Equity Purchase Agreement | Lincoln Park                        
Nature Of Operations [Line Items]                        
Common stock, average purchase price per share | $ / shares         $ 3.9755              
Common stock, issued and outstanding percentage         9.99%              
Maximum | Equity Purchase Agreement | Lincoln Park                        
Nature Of Operations [Line Items]                        
Common stock, aggregate sales price         $ 31,000,000              
Aggregate number of shares issuable | shares         7,763,411