SEACHANGE INTERNATIONAL INC

2020 Q4 Form 10-Q Financial Statement

#000156459020056748 Filed on December 10, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.900M $11.20M
YoY Change -47.32% -51.9%
Cash & Equivalents $4.904M $5.598M
Short-Term Investments $1.000M $5.300M
Other Short-Term Assets $5.000M $6.200M
YoY Change -19.35% 3.33%
Inventory $204.0K
Prepaid Expenses
Receivables $16.80M $19.90M
Other Receivables $0.00 $0.00
Total Short-Term Assets $27.70M $37.55M
YoY Change -26.23% -25.74%
LONG-TERM ASSETS
Property, Plant & Equipment $641.0K $6.577M
YoY Change -90.25% -24.05%
Goodwill $10.25M
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.500M
YoY Change -70.93%
Other Assets $800.0K $200.0K
YoY Change 300.0% -81.29%
Total Long-Term Assets $25.90M $34.95M
YoY Change -25.89% -18.28%
TOTAL ASSETS
Total Short-Term Assets $27.70M $37.55M
Total Long-Term Assets $25.90M $34.95M
Total Assets $53.60M $72.50M
YoY Change -26.07% -22.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.800M $4.100M
YoY Change -31.71% -12.19%
Accrued Expenses $4.628M $9.200M
YoY Change -49.7% 45.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.500M
YoY Change
Total Short-Term Liabilities $12.00M $19.27M
YoY Change -37.74% 12.02%
LONG-TERM LIABILITIES
Long-Term Debt $900.0K $0.00
YoY Change
Other Long-Term Liabilities $5.300M $4.200M
YoY Change 26.19% 223.08%
Total Long-Term Liabilities $6.200M $4.200M
YoY Change 47.62% 223.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.00M $19.27M
Total Long-Term Liabilities $6.200M $4.200M
Total Liabilities $18.50M $23.48M
YoY Change -21.19% 25.66%
SHAREHOLDERS EQUITY
Retained Earnings -$193.2M
YoY Change 17.31%
Common Stock $244.3M
YoY Change 0.77%
Preferred Stock
YoY Change
Treasury Stock (at cost) $147.0K
YoY Change 2840.0%
Treasury Stock Shares
Shareholders Equity $35.11M $49.06M
YoY Change
Total Liabilities & Shareholders Equity $53.60M $72.54M
YoY Change -26.11% -22.28%

Cashflow Statement

Concept 2020 Q4 2019 Q4

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
seac Number Of Consecutive Business Day
NumberOfConsecutiveBusinessDay
P30D
seac Period Granted To Regain Compliance With Stockholders Equity Requirement
PeriodGrantedToRegainComplianceWithStockholdersEquityRequirement
P180D
seac Additional Period To Be Granted If Fails To Regain Compliance With Minimum Bid Requirement Prior To Expiration Period
AdditionalPeriodToBeGrantedIfFailsToRegainComplianceWithMinimumBidRequirementPriorToExpirationPeriod
P180D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y3M18D
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
91000
CY2020Q1 us-gaap Goodwill
Goodwill
9775000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36606000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37436000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37436000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36606000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-37000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1498000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
91000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1461000
CY2020Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3297000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.46
us-gaap Net Income Loss
NetIncomeLoss
-17393000
us-gaap Net Income Loss
NetIncomeLoss
-8878000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1399000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1490000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-15932000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7388000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
39967000
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
437000
CY2020Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-33000
CY2020Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-143000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-5117000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
35111000
CY2019Q4 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
11000
CY2019Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
46000
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
357000
CY2019Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
31000
CY2019Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
59000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
2145000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
49064000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
49932000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
119000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
18000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1054000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
80000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-37000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1498000
us-gaap Net Income Loss
NetIncomeLoss
-17393000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
35111000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
55100000
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
874000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
20000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
46000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
554000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
142000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1528000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
47841000
us-gaap Sale Of Stock Description Of Transaction
SaleOfStockDescriptionOfTransaction
the Company has 180 calendar days from the receipt of the letter, or until April 27, 2021, to regain compliance with the Minimum Bid Price Requirement. If at any time before April 27, 2021, the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Staff will provide written confirmation that the Company has achieved compliance
us-gaap Income Taxes Paid
IncomeTaxesPaid
454000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4904000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5598000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
220000
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
289000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5124000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5887000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
987000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2952000
us-gaap Stock Issued1
StockIssued1
874000
seac Minimum Bid Price Requirement
MinimumBidPriceRequirement
1.00
us-gaap Net Income Loss
NetIncomeLoss
-8878000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7084000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1399000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
49064000
us-gaap Profit Loss
ProfitLoss
-17393000
us-gaap Profit Loss
ProfitLoss
-8878000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1105000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1622000
seac Recovery Of Provision For Bad Debts
RecoveryOfProvisionForBadDebts
-216000
seac Recovery Of Provision For Bad Debts
RecoveryOfProvisionForBadDebts
480000
us-gaap Share Based Compensation
ShareBasedCompensation
1054000
us-gaap Share Based Compensation
ShareBasedCompensation
554000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
246000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-203000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1498000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1399000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
26000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-97000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5456000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-4274000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
11215000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-720000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-539000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-469000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1242000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1079000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3886000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
535000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2358000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2977000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9321000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13020000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
311000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
252000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3838000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
852000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
3576000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
3343000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
3265000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1599000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
137000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
66000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
80000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
142000
seac Proceeds From Paycheck Protection Program
ProceedsFromPaycheckProtectionProgram
2413000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2470000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-76000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-587000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
265000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4173000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-14430000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9297000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20317000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5124000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5887000
us-gaap Income Taxes Paid
IncomeTaxesPaid
196000
CY2020 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:6pt;margin-left:4.54%;text-indent:0%;font-weight:bold;font-style:italic;color:#000000;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-bottom:0pt;margin-top:6pt;margin-left:4.54%;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of these consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue and expenses, and disclosure of contingent assets and liabilities.  Significant estimates and assumptions reflected in these consolidated financial statements include, but are not limited to, those related to revenue recognition, allowance for doubtful accounts, goodwill and intangible assets, right-of-use operating leases, impairment of long-lived assets, accounting for income taxes, the valuation of stock-based awards, and ongoing legal matters.  We base our estimates on historical experience, known trends and other market-specific or relevant factors that are believed to be reasonable under the circumstances.  On an ongoing basis, management evaluates its estimates as there are changes in circumstances, facts and experience. Changes in estimates are recorded in the period in which they become known.  Actual results may differ from those estimates or assumptions.</p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:4.54%;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:4.54%;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Concentration of Credit Risk and of Significant Customers</p> <p style="margin-bottom:0pt;margin-top:6pt;margin-left:4.54%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments which potentially expose us to concentrations of credit risk include cash, cash equivalents and restricted cash, marketable securities and accounts receivable. We have cash investment policies which, among other things, limit investments to investment-grade securities. We restrict our cash equivalents and marketable securities to repurchase agreements with major banks and U.S. government and corporate securities which are subject to minimal credit and market risk. We perform ongoing credit evaluations of our customers.</p> <p style="margin-bottom:0pt;margin-top:6pt;margin-left:4.54%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We sell our software products and services worldwide primarily to service providers consisting of operators, telecommunications companies, satellite operators and broadcasters. One customer accounted for 29% of total revenue for the three months ended October 31, 2020 and two customers accounted for 13% each of total revenue for the three months ended October 31, 2019. One customer accounted for 21% of total revenue for the nine months ended October 31, 2020 and no customer accounted for 10% or more of total revenue for the nine months ended October 31, 2019. Two customers accounted for 39% and 11% of the accounts receivable balance as of October 31, 2020. Two customers accounted for 16% and 10% of the accounts receivable balance as of January 31, 2020.</p>
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
54800000
us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
864000
CY2020Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
958000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
275000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
168000
CY2019Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1011000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1212000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3263000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1018000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
16000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1034000
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
4564000
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
53000
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
4617000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10331000
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11177000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9690000
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10623000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
641000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
554000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2015000
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3236000
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
167000
CY2020Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
928000
CY2020Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
282000
CY2020Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
317000
CY2020Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
744000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1351000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
722000
CY2020Q1 seac Accrued Third Party Hardware Costs
AccruedThirdPartyHardwareCosts
1169000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
813000
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
870000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4628000
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7986000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
474000
CY2020Q4 us-gaap Goodwill
Goodwill
10249000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3569000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2062000
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
21000
CY2020Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
308000
CY2019Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
295000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
891000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
893000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
306000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1222000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1528000
CY2020Q4 us-gaap Lease Cost
LeaseCost
334000
us-gaap Lease Cost
LeaseCost
1002000
CY2020Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
344000
us-gaap Operating Lease Cost
OperatingLeaseCost
972000
CY2020Q4 seac Short Term Lease Cost Credit
ShortTermLeaseCostCredit
-10000
seac Short Term Lease Cost Credit
ShortTermLeaseCostCredit
30000
CY2020Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
263000
us-gaap Operating Lease Payments
OperatingLeasePayments
829000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5231000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4860000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1351000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
722000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4299000
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4348000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5650000
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
5070000
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2020Q4 us-gaap Payments For Rent
PaymentsForRent
300000
us-gaap Payments For Rent
PaymentsForRent
800000
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4966000
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20544000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
298000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1319000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1445000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1482000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1524000
CY2020Q4 seac Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
59000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6127000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
477000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5650000
CY2020Q4 us-gaap Restructuring Charges
RestructuringCharges
100000
us-gaap Restructuring Charges
RestructuringCharges
1000000
seac Share Based Compensation Arrangement By Share Based Payment Award Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValue
1500000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
554000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16876000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
47841000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
24600000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16876000
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
15683000
CY2020Q1 us-gaap Noncurrent Assets
NoncurrentAssets
17683000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-200000
seac Reversal Of Tax Reserves Expense Benefit
ReversalOfTaxReservesExpenseBenefit
-200000
CY2019Q1 seac Preferred Share Purchase Rights As Dividend Payable Date Declared Day Month And Year
PreferredSharePurchaseRightsAsDividendPayableDateDeclaredDayMonthAndYear
2019-03-04
CY2019Q1 seac Number Of Preferred Share Purchase Rights As Dividend
NumberOfPreferredSharePurchaseRightsAsDividend
1
CY2019Q1 seac Preferred Share Purchase Rights As Dividend Payable Date Of Record Day Month And Year
PreferredSharePurchaseRightsAsDividendPayableDateOfRecordDayMonthAndYear
2019-03-15
us-gaap Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
2022-03-04

Files In Submission

Name View Source Status
0001564590-20-056748-index-headers.html Edgar Link pending
0001564590-20-056748-index.html Edgar Link pending
0001564590-20-056748.txt Edgar Link pending
0001564590-20-056748-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
seac-10q_20201031.htm Edgar Link pending
seac-10q_20201031_htm.xml Edgar Link completed
seac-20201031.xsd Edgar Link pending
seac-20201031_cal.xml Edgar Link unprocessable
seac-20201031_def.xml Edgar Link unprocessable
seac-20201031_lab.xml Edgar Link unprocessable
seac-20201031_pre.xml Edgar Link unprocessable
seac-ex311_12.htm Edgar Link pending
seac-ex312_6.htm Edgar Link pending
seac-ex321_9.htm Edgar Link pending
seac-ex322_7.htm Edgar Link pending
Show.js Edgar Link pending