2024 Q3 Form 10-K Financial Statement

#000149315224029269 Filed on July 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2023 Q4 2023
Revenue $8.413M $41.49M
YoY Change -11.67% 53.68%
Cost Of Revenue $8.698M $33.14M
YoY Change 28.59% 48.01%
Gross Profit -$285.0K $8.350M
YoY Change -110.33% 81.25%
Gross Profit Margin -3.39% 20.12%
Selling, General & Admin $2.115M $10.12M
YoY Change 5.75% 17.17%
% of Gross Profit 121.19%
Research & Development $885.0K $885.0K
YoY Change
% of Gross Profit 10.6%
Depreciation & Amortization $82.00K $397.0K
YoY Change -53.41% -14.81%
% of Gross Profit 4.75%
Operating Expenses $3.000M $11.00M
YoY Change 50.0% 27.42%
Operating Profit -$3.285M -$2.654M
YoY Change -532.24% -34.13%
Interest Expense $40.00K $232.0K
YoY Change -72.22% -50.11%
% of Operating Profit
Other Income/Expense, Net $520.0K $524.0K
YoY Change 1081.82% -882.09%
Pretax Income -$2.725M -$1.898M
YoY Change -387.45% -47.73%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$2.725M -$1.898M
YoY Change -387.45% -47.83%
Net Earnings / Revenue -32.39% -4.57%
Basic Earnings Per Share -$0.19
Diluted Earnings Per Share -$0.27 -$0.19
COMMON SHARES
Basic Shares Outstanding 10.92M shares 9.930M shares 9.905M shares
Diluted Shares Outstanding 9.905M shares

Balance Sheet

Concept 2024 Q3 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.582M $3.582M
YoY Change -65.21% -65.21%
Cash & Equivalents $3.582M $3.582M
Short-Term Investments
Other Short-Term Assets $7.512M $7.512M
YoY Change 163.3% 163.3%
Inventory $7.579M $7.579M
Prepaid Expenses
Receivables $9.010M $9.010M
Other Receivables $0.00 $0.00
Total Short-Term Assets $27.68M $27.68M
YoY Change -16.2% -16.2%
LONG-TERM ASSETS
Property, Plant & Equipment $3.899M $5.062M
YoY Change -1.96% 27.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $82.00K $277.0K
YoY Change -49.38% 70.99%
Total Long-Term Assets $5.339M $5.339M
YoY Change 28.99% 28.99%
TOTAL ASSETS
Total Short-Term Assets $27.68M $27.68M
Total Long-Term Assets $5.339M $5.339M
Total Assets $33.02M $33.02M
YoY Change -11.17% -11.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.396M $12.32M
YoY Change -34.96% 48.43%
Accrued Expenses $7.213M $876.0K
YoY Change 344.15% 24.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $139.0K $139.0K
YoY Change -60.85% -60.85%
Total Short-Term Liabilities $18.26M $18.26M
YoY Change -3.69% -3.69%
LONG-TERM LIABILITIES
Long-Term Debt $278.0K $278.0K
YoY Change -33.49% -33.49%
Other Long-Term Liabilities $49.00K $264.0K
YoY Change -96.17% -79.38%
Total Long-Term Liabilities $49.00K $542.0K
YoY Change -96.17% -57.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.26M $18.26M
Total Long-Term Liabilities $49.00K $542.0K
Total Liabilities $18.80M $18.80M
YoY Change -7.1% -7.1%
SHAREHOLDERS EQUITY
Retained Earnings -$19.63M
YoY Change 23.07%
Common Stock $10.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.22M $14.22M
YoY Change
Total Liabilities & Shareholders Equity $33.02M $33.02M
YoY Change -11.17% -11.17%

Cashflow Statement

Concept 2024 Q3 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$2.725M -$1.898M
YoY Change -387.45% -47.83%
Depreciation, Depletion And Amortization $82.00K $397.0K
YoY Change -53.41% -14.81%
Cash From Operating Activities -$3.667M -$3.895M
YoY Change 114.44% -31.01%
INVESTING ACTIVITIES
Capital Expenditures $151.0K $2.496M
YoY Change -86.53% 65.08%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$151.0K -$2.496M
YoY Change -102.95% -152.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $177.0K
YoY Change 941.18%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -181.0K -$323.0K
YoY Change -42.9% -32.57%
NET CHANGE
Cash From Operating Activities -3.667M -$3.895M
Cash From Investing Activities -151.0K -$2.496M
Cash From Financing Activities -181.0K -$323.0K
Net Change In Cash -3.999M -$6.714M
YoY Change -229.59% 378.55%
FREE CASH FLOW
Cash From Operating Activities -$3.667M -$3.895M
Capital Expenditures $151.0K $2.496M
Free Cash Flow -$3.818M -$6.391M
YoY Change 34.86% -10.72%

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CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
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CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2022Q4 us-gaap Common Stock Shares Outstanding
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CY2023Q4 us-gaap Common Stock Value
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CY2022Q4 us-gaap Common Stock Value
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CY2023Q4 us-gaap Additional Paid In Capital
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CY2022Q4 us-gaap Additional Paid In Capital
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RetainedEarningsAccumulatedDeficit
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CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022 us-gaap Net Income Loss
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CY2023 us-gaap Depreciation
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CY2022 us-gaap Depreciation
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228000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
324000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
238000 usd
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OperatingLeaseRightOfUseAssetAmortizationExpense
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CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
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CY2023 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2023 us-gaap Other Noncash Income
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14000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7441000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3931000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4982000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1799000 usd
CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
28000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5361000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3670000 usd
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
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CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
8237000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-703000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2496000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1512000 usd
CY2022 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
6234000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
4722000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
50000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
177000 usd
CY2022 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
129000 usd
CY2023 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
195000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
355000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
241000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6714000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1403000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10296000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11699000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3582000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10296000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
7000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
4000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-20000 usd
CY2022 PPSI Acquisition Of Right Of Use Assets And Lease Liabilities
AcquisitionOfRightOfUseAssetsAndLeaseLiabilities
841000 usd
CY2023 PPSI Surrender And Retirement Of Common Stock
SurrenderAndRetirementOfCommonStock
720000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
19552000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1002000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
15152000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1471000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
50000 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
177000 usd
CY2023 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
720000 usd
CY2023 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
-14000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
14218000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
14218000 usd
CY2023 PPSI Number Of Additional Locations
NumberOfAdditionalLocations
3 location
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segments
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3582000 usd
CY2023Q4 PPSI Working Capital Deficit
WorkingCapitalDeficit
9421000 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
7500000 usd
CY2023 PPSI Public Float Heldby Non Affiliates
PublicFloatHeldbyNonAffiliates
75000000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
10010000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
8090000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
31249000 usd
CY2022Q4 us-gaap Assets
Assets
35388000 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
10659000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
18956000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
20236000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-17731000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
15152000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
35388000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25878000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
23052000 usd
CY2022 us-gaap Gross Profit
GrossProfit
2826000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-5810000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5412000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-5419000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.56
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
19552000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-5419000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
15152000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-5419000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7441000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3931000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
8237000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5772000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84F_eus-gaap--UseOfEstimates_z9hjHU935JWb" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_862_zkB9BhKEIzxc">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 29.7pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. The consolidated financial statements include estimates based on currently available information and management’s judgment as to the outcome of future conditions and circumstances. Significant estimates in these consolidated financial statements include, but are not limited to, measurement of revenue for contracts accounted for over time, accounts receivable reserves, inventory valuation, useful lives and impairment of long-lived assets, stock-based compensation and the valuation allowance related to the Company’s deferred tax assets. Changes in the status of certain facts or circumstances could result in material changes to the estimates used in the preparation of the consolidated financial statements and actual results could differ from the estimates and assumptions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_845_eus-gaap--ConcentrationRiskCreditRisk_z2dDuQuLMXqa" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Concentrations</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company manages its accounts receivable credit risk by performing credit evaluations and monitoring amounts due from the Company’s customers. The Company had certain customers whose revenue individually represented 10% or more of the Company’s total revenue, or whose accounts receivable balances individually represented 10% or more of the Company’s total accounts receivable, as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At December 31, 2023, one customer represented approximately <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20231231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zTSMZe2oqjB">23</span>% of the Company’s accounts receivable. At December 31, 2022, three customers represented approximately <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomertOneMember_zXP39QCi3We9">52</span>%, <span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomertTwoMember_zTJXwL2TRJL1">15</span>% and <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerThreeMember_zGX9myNfIkke">12</span>% of the Company’s accounts receivable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">For the year ended December 31, 2023, two customers represented approximately <span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20231231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zLESjek6p2Fl" title="Concentration percentage">42</span>% and <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20231231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_zcqx5SKQ66Zk" title="Concentration percentage">20</span>% of the Company’s revenue. For the year ended December 31, 2022, two customers represented approximately <span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zBdgOMqtJPki" title="Concentration percentage">43</span>% and <span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_zHufR5tKqfD" title="Concentration percentage">10</span>% of the Company’s revenue.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">As of December 31, 2023, one of the Company’s suppliers represented <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20231231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--SupplierMember_zmYrgfufTM16" title="Concentration percentage">18</span>% of the Company’s accounts payable. As of December 31, 2022, three of the Company’s suppliers represented <span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeSupplierMember_zcl2XUeyerDg" title="Concentration percentage">38</span>% of the Company’s accounts payable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
3332000 usd
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
10046000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
97 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
788 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
4899000 usd
CY2022Q1 us-gaap Assets Current
AssetsCurrent
30096000 usd
CY2022Q1 us-gaap Assets
Assets
32917000 usd
CY2022Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
7015000 usd
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
14416000 usd
CY2022Q1 us-gaap Liabilities
Liabilities
15842000 usd
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-14863000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
17075000 usd
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
32917000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
5103000 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
27166000 usd
CY2022Q2 us-gaap Assets
Assets
30202000 usd
CY2022Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
8448000 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
14855000 usd
CY2022Q2 us-gaap Liabilities
Liabilities
16295000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
13907000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
30202000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
6630000 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
24602000 usd
CY2022Q3 us-gaap Assets
Assets
27596000 usd
CY2022Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
6562000 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
12240000 usd
CY2022Q3 us-gaap Liabilities
Liabilities
13544000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-18689000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
14051000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
27596000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7701000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
8502000 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
30659000 usd
CY2023Q1 us-gaap Assets
Assets
34608000 usd
CY2023Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
10007000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
17526000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
18585000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16989000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
16023000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
34608000 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6215000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
8385000 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
26849000 usd
CY2023Q2 us-gaap Assets
Assets
31003000 usd
CY2023Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
4764000 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
12480000 usd
CY2023Q2 us-gaap Liabilities
Liabilities
13313000 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16141000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
17690000 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
31003000 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7970000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
9185000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
30254000 usd
CY2023Q3 us-gaap Assets
Assets
35700000 usd
CY2023Q3 us-gaap Deferred Revenue Current
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5926000 usd
CY2023Q3 us-gaap Liabilities Current
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16559000 usd
CY2023Q3 us-gaap Liabilities
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RetainedEarningsAccumulatedDeficit
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CY2023Q3 us-gaap Stockholders Equity
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18492000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
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35700000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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6339000 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold
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7227000 usd
CY2022Q1 us-gaap Gross Profit
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CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-2634000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022Q1 us-gaap Net Income Loss
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EarningsPerShareBasic
-0.26
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4826000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11166000 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
6056000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
13283000 usd
CY2022Q2 us-gaap Gross Profit
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-1229000 usd
us-gaap Gross Profit
GrossProfit
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CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3827000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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-0.39
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.65
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6369000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17535000 usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4195000 usd
us-gaap Cost Of Goods And Services Sold
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17478000 usd
CY2022Q3 us-gaap Gross Profit
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2174000 usd
us-gaap Gross Profit
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56000 usd
CY2022Q3 us-gaap Operating Expenses
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2305000 usd
us-gaap Operating Expenses
OperatingExpenses
6636000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6370000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
2000 usd
us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10441 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10384 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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9555000 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
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6723000 usd
CY2023Q1 us-gaap Gross Profit
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2833000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
675000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
742000 usd
CY2023Q1 us-gaap Net Income Loss
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742000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
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0.07
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12282000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
21838000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
8404000 usd
us-gaap Cost Of Goods And Services Sold
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15127000 usd
CY2023Q2 us-gaap Gross Profit
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3878000 usd
us-gaap Gross Profit
GrossProfit
6711000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
789000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1465000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
848000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1590000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
848000 usd
us-gaap Net Income Loss
NetIncomeLoss
1590000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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10747 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11453000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
33291000 usd
CY2023Q3 us-gaap Cost Of Goods And Services Sold
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us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
22882000 usd
CY2023Q3 us-gaap Gross Profit
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3698000 usd
us-gaap Gross Profit
GrossProfit
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CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
940000 usd
us-gaap Operating Income Loss
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CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1011000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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2601000 usd
CY2023Q3 us-gaap Net Income Loss
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1011000 usd
us-gaap Net Income Loss
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2601000 usd
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EarningsPerShareBasic
0.10
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
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EarningsPerShareDiluted
0.26
CY2021Q4 us-gaap Stockholders Equity
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19552000 usd
CY2022Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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CY2022Q2 us-gaap Stockholders Equity
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
15152000 usd
CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stockholders Equity
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
17690000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
15152000 usd
us-gaap Net Income Loss
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CY2023Q3 us-gaap Stockholders Equity
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18492000 usd
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739000 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Income Loss
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Deferred Revenue
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2470000 usd
us-gaap Increase Decrease In Deferred Revenue
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us-gaap Net Cash Provided By Used In Operating Activities
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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CY2023Q1 us-gaap Increase Decrease In Inventories
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412000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
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CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Deferred Revenue
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Increase Decrease In Inventories
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1095000 usd
us-gaap Increase Decrease In Deferred Revenue
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022Q1 us-gaap Deferred Revenue
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2423000 usd
CY2023 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
9046000 usd
CY2022 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
2158000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
41493000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25878000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
5316000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
2962000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2263000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
5128000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
7579000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
8090000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6470000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3974000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2571000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2174000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3899000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1800000 usd
CY2023 us-gaap Depreciation
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397000 usd
CY2022 us-gaap Depreciation
Depreciation
228000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5396000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5615000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
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7213000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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1624000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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12609000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
7239000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
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5000000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
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CY2023Q4 us-gaap Accrued Sales Commission Current
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442000 usd
CY2022Q4 us-gaap Accrued Sales Commission Current
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278000 usd
CY2023Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
294000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
213000 usd
CY2023Q4 us-gaap Taxes Payable Current
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67000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
258000 usd
CY2023Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
795000 usd
CY2022Q4 us-gaap Accrued Insurance Current
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559000 usd
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WeightedAverageRemainingLeaseExtendTerm
P5Y
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
638000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
1261000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
235000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
534000 usd
CY2023Q4 PPSI Operating Lease Right Of Use Asset Before Accumulated Amortization
OperatingLeaseRightOfUseAssetBeforeAccumulatedAmortization
2248000 usd
CY2022Q4 PPSI Operating Lease Right Of Use Asset Before Accumulated Amortization
OperatingLeaseRightOfUseAssetBeforeAccumulatedAmortization
2248000 usd
CY2023Q4 PPSI Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
1488000 usd
CY2022Q4 PPSI Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
798000 usd
CY2022Q4 PPSI Lease Liability After Adjusting Weighted Average Discount Rate
LeaseLiabilityAfterAdjustingWeightedAverageDiscountRate
275000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
762000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
752000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
324000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
238000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
42000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
44000 usd
CY2023 us-gaap Lease Cost
LeaseCost
366000 usd
CY2022 us-gaap Lease Cost
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282000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
774000 usd
CY2022 us-gaap Operating Lease Payments
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742000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
42000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
44000 usd
CY2023 PPSI Financing Cash Flow Payments For Finance Leases
FinancingCashFlowPaymentsForFinanceLeases
355000 usd
CY2022 PPSI Financing Cash Flow Payments For Finance Leases
FinancingCashFlowPaymentsForFinanceLeases
241000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
440000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
401000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P1Y
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P2Y
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0550 pure
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0673 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
613000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
166000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
174000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
24000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
88000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
41000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
837000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
469000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
40000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
52000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
797000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
417000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
760000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
403000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
797000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
417000 usd
CY2023Q4 PPSI Common Stock Adverse Party Percentage
CommonStockAdversePartyPercentage
0.05 pure
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
7500000 usd
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9930022 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9644545 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y6M
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.029 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.311 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
670667 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2023 PPSI Share Based Compensation Arrangement By Share Based Payment Award Options Gain Loss On Exercises In Period Intrinsic Value
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CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
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CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
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