XML 105 R87.htm IDEA: XBRL DOCUMENT
v3.22.4

Stockholders' Equity - Blackstone Private Placement and Conversion (Details) |  |  |  | 12 Months Ended
--- | --- | --- | --- | ---
Feb. 05, 2021 USD ($) shares | Jan. 25, 2021 USD ($) $ / shares shares | Oct. 01, 2020 USD ($) D item $ / shares shares | Dec. 31, 2022 USD ($) $ / shares | Dec. 31, 2021 USD ($) $ / shares | Dec. 31, 2020 USD ($)
Stockholders' Equity |  |  |  |  |  |
Preferred stock, par value (in dollars per share) | $ / shares |  |  |  | $ 0.001 | $ 0.001 |
Proceeds from issuance of stock |  |  |  |  | $ 248,911,000 | $ 237,225,000
Common stock, par value (in dollars per share) | $ / shares |  |  | $ 0.001 | $ 0.001 | $ 0.001 |
Proceeds from issuance of common stock, net of issuance costs |  |  |  |  | $ 0 | 28,160,000
Aggregate purchase price |  |  |  | $ 37,900,000 |  |
Dividends, paid-in-kind |  |  |  | $ 8,000,000.0 | $ 8,200,000 |
Deemed Dividend |  |  | $ 39,500,000 |  |  |
Private Placement |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Proceeds from issuance of common stock, net of issuance costs |  |  | 25,000,000.0 |  |  |
Aggregate purchase price |  |  | 275,000,000.0 |  |  |
Reimbursement Of Transactional Expenses |  |  | 1,000,000.0 |  |  |
Offering costs |  |  | 8,600,000 |  |  |
Net proceeds from private placement |  |  | $ 265,400,000 |  |  |
Underwritten public offering |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Shares issued to the underwriters | shares |  | 4,356,059 |  |  |  |
Price per share | $ / shares |  | $ 66.00 |  |  |  |
Proceeds from issuance of common stock, net of issuance costs |  | $ 269,800,000 |  |  |  |
Class C convertible preferred stock |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Shares issued to the underwriters | shares | 50,000 |  |  |  |  |
Preferred stock, dividend rate (as a percent) |  |  |  | 4.00% |  |
Preferred stock, par value (in dollars per share) | $ / shares |  |  |  | $ 0.001 | $ 0.001 |
Dividends, paid-in-kind |  |  |  |  |  | $ 300,000
Liquidation preference (in dollars per share) | $ / shares |  |  | $ 1,000 |  |  |
Conversion price (in dollars per share) | $ / shares |  |  | $ 38.6152 |  |  |
Conversion rate |  |  | 25.90 |  |  |
Shares to be issued upon conversion | shares |  |  | 6,474,135 |  |  |
Threshold trading days for conversion of preferred stock | D |  |  | 20 |  |  |
Threshold consecutive trading days for conversion of preferred stock | D |  |  | 30 |  |  |
Stock price trigger as a percentage of conversion price for conversion of preferred stock |  |  | 150.00% |  |  |
Dividend rate on shares not repurchased |  |  | 5.50% |  |  |
Number of member to the board of directors who can be elected by the preferred stock holders | item |  |  | 1 |  |  |
Percentage of stock to be held to exercise the right to nominate member of board of directors |  |  | 66.67% |  |  |
Conversion of Series C preferred shares to common stock | $ 1,800,000 |  |  |  |  |
Class C convertible preferred stock | Private Placement |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Shares issued to the underwriters | shares |  |  | 250,000 |  |  |
Preferred stock, dividend rate (as a percent) |  |  | 4.00% |  |  |
Preferred stock, par value (in dollars per share) | $ / shares |  |  | $ 0.001 |  |  |
Price per share | $ / shares |  |  | $ 1,000 |  |  |
Proceeds from issuance of stock |  |  | $ 250,000,000.0 |  |  |
Net proceeds from private placement |  |  | $ 28,200,000 |  |  |
Common Stock |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Shares to be issued upon conversion | shares | 1,312,860 |  |  |  |  |
Common Stock | Private Placement |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Shares issued to the underwriters | shares |  |  | 675,536 |  |  |
Net proceeds from private placement |  |  | $ 237,200,000 |  |  |
Prior to the 180-day anniversary of October 1, 2020 | Class C convertible preferred stock |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Number of shares to be redeemed | shares | 50,000 |  |  |  |  |
At any time beginning five years after Closing Date (but prior to six years after the Closing Date) | Class C convertible preferred stock |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Redemption price (as a percent) |  |  | 105.00% |  |  |
At any time beginning six years after Closing Date | Class C convertible preferred stock |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Redemption price (as a percent) |  |  | 100.00% |  |  |

X
- Definition Amount of deemed dividend recognized by the company. + References No definition available. + Details
Name: | cyrx_DeemedDividend
Namespace Prefix: | cyrx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net cash inflow associated with the amount received from entity's raising of capital via private rather than public placement. + References No definition available. + Details
Name: | cyrx_NetProceedsFromIssuanceOfPrivatePlacement
Namespace Prefix: | cyrx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of board members who can be elected by preferred stock holders. + References No definition available. + Details
Name: | cyrx_NumberOfBoardMemberWhoCanBeElectedByPreferredStockHolders
Namespace Prefix: | cyrx_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Per share conversion price of convertible preferred stock. + References No definition available. + Details
Name: | cyrx_PreferredStockConvertibleConversionPricePerShare
Namespace Prefix: | cyrx_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Conversion rate of convertible preferred stock. + References No definition available. + Details
Name: | cyrx_PreferredStockConvertibleConversionRate
Namespace Prefix: | cyrx_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Price of the entity's common stock as a percentage of conversion price, which would be required to be attained for the conversion of convertible preferred stock to become effective. + References No definition available. + Details
Name: | cyrx_PreferredStockConvertibleStockPriceTriggerPercentage
Namespace Prefix: | cyrx_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Threshold period of specified consecutive trading days within which common stock price to conversion price of convertible preferred stock must exceed threshold percentage for specified number of trading days to trigger conversion feature. + References No definition available. + Details
Name: | cyrx_PreferredStockConvertibleThresholdConsecutiveTradingDays
Namespace Prefix: | cyrx_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Threshold number of specified trading days that common stock price to conversion price of convertible preferred stock must exceed threshold percentage within a specified consecutive trading period to trigger conversion feature. + References No definition available. + Details
Name: | cyrx_PreferredStockConvertibleThresholdTradingDays
Namespace Prefix: | cyrx_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage rate used to calculate dividend payments on preferred stock, if not repurchased. + References No definition available. + Details
Name: | cyrx_PreferredStockIfNotRepurchasedDividendRatePercentage
Namespace Prefix: | cyrx_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Threshold percentage of ownership of shares to be held by preferred stock holders, to exercise their right to nominate the members of the board. + References No definition available. + Details
Name: | cyrx_PreferredStockOwnershipPercentageToExerciseRightToNominateBoard
Namespace Prefix: | cyrx_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Redemption price of preferred stock as a percentage of the purchase price paid by plus any accrued and unpaid dividends. + References No definition available. + Details
Name: | cyrx_PreferredStockRedemptionPricePercentage
Namespace Prefix: | cyrx_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of shares of preferred stock, that may be redeemed by the company. + References No definition available. + Details
Name: | cyrx_PreferredStockSharesToBeRedeemed
Namespace Prefix: | cyrx_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of transactional expenses reimbursed by the company. + References No definition available. + Details
Name: | cyrx_ReimbursementOfTransactionalExpenses
Namespace Prefix: | cyrx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ClassOfStockLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face amount or stated value per share of common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of shares issued for each share of convertible preferred stock that is converted. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(27)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21475-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21506-112644 + Details
Name: | us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of paid and unpaid paid-in-kind dividends (PIK) declared for classes of stock, for example, but not limited to, common and preferred. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 + Details
Name: | us-gaap_DividendsPaidinkind
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow for cost incurred directly with the issuance of an equity security. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfStockIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The percentage rate used to calculate dividend payments on preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 + Details
Name: | us-gaap_PreferredStockDividendRatePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(d)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21475-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21484-112644 + Details
Name: | us-gaap_PreferredStockLiquidationPreference
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 + Details
Name: | us-gaap_PreferredStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow from the additional capital contribution to the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfCommonStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow from issuance of preferred stocks identified as being convertible into another form of financial instrument, typically the entity's common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfConvertiblePreferredStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow associated with the amount received from entity's raising of capital via private rather than public placement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfPrivatePlacement
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Per share or per unit amount of equity securities issued. + References No definition available. + Details
Name: | us-gaap_SharesIssuedPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of new stock issued during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21463-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The net amount of stock issued during the period upon the conversion of convertible securities, net of adjustments (for example, to additional paid in capital) including the write-off of an equity component recognized to record the convertible debt instrument as two separate components - a debt component and an equity component. This item is meant to disclose the value of shares issued on conversion of convertible securities that were recorded as two separate (debt and equity) components. + References No definition available. + Details
Name: | us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=us-gaap_PrivatePlacementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=us-gaap_OverAllotmentOptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=cyrx_ClassCConvertiblePreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cyrx_PreferredStockRedemptionPeriodAxis=cyrx_PreferredStockRedemptionPeriodOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cyrx_PreferredStockRedemptionPeriodAxis=cyrx_PreferredStockRedemptionPeriodTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cyrx_PreferredStockRedemptionPeriodAxis=cyrx_PreferredStockRedemptionPeriodThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |