2022 Q4 Form 10-K Financial Statement

#000162828023014277 Filed on April 28, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $735.0K $495.0K $106.6K
YoY Change 589.49% 364.35%
Cash & Equivalents $735.0K $2.151M
Short-Term Investments
Other Short-Term Assets $1.914M $8.104M $2.021M
YoY Change -5.29% 5330.54%
Inventory $11.57M $9.033M $5.409M
Prepaid Expenses $10.58M $12.14M
Receivables $286.9M $245.0M $201.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $311.7M $262.6M $226.5M
YoY Change 37.6% 102540.71% 114735.9%
LONG-TERM ASSETS
Property, Plant & Equipment $54.67M $88.38M $50.68M
YoY Change 7.87%
Goodwill $28.65M $28.72M
YoY Change -0.24% -50.92%
Intangibles $332.2M $364.2M
YoY Change -8.78%
Long-Term Investments $115.0M
YoY Change
Other Assets $1.842M $1.768M $1.657M
YoY Change 11.16% 7303.69%
Total Long-Term Assets $417.4M $426.3M $445.2M
YoY Change -6.26% 270.61% 1411465.53%
TOTAL ASSETS
Total Short-Term Assets $311.7M $262.6M $226.5M
Total Long-Term Assets $417.4M $426.3M $445.2M
Total Assets $729.1M $688.9M $671.8M
YoY Change 8.53% 497.56% 293500.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $95.42M $83.30M $60.73M
YoY Change 57.13% 3310.97%
Accrued Expenses $49.94M $60.10M $52.99M
YoY Change -5.74% 85762.86%
Deferred Revenue $17.99M $14.77M
YoY Change 21.76%
Short-Term Debt $0.00 $0.00 $500.0K
YoY Change -100.0% -100.0%
Long-Term Debt Due $9.564M $556.4M $115.2M
YoY Change -91.7%
Total Short-Term Liabilities $192.3M $723.9M $267.2M
YoY Change -28.03% 23934.12% 129612.14%
LONG-TERM LIABILITIES
Long-Term Debt $545.4M $22.88M $418.8M
YoY Change 30.24%
Other Long-Term Liabilities $8.332M $42.85M $205.7K
YoY Change 3950.56% 20731.31%
Total Long-Term Liabilities $553.8M $65.73M $418.8M
YoY Change 32.23% 31851.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $192.3M $723.9M $267.2M
Total Long-Term Liabilities $553.8M $65.73M $418.8M
Total Liabilities $798.3M $741.5M $738.7M
YoY Change 8.06% 22942.6% 358510.19%
SHAREHOLDERS EQUITY
Retained Earnings -$209.8M -$320.1M
YoY Change -34.44% 14548990.91%
Common Stock $328.00
YoY Change 13.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$30.97M -$52.53M -$2.928M
YoY Change
Total Liabilities & Shareholders Equity $729.1M $688.9M $671.8M
YoY Change 8.53% 497.56% 293500.96%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4

Facts In Submission

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1926000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
0 usd
CY2022 us-gaap-supplement Investment Company Increase Decrease From Share Transaction
InvestmentCompanyIncreaseDecreaseFromShareTransaction
-6711000 usd
CY2021 us-gaap-supplement Investment Company Increase Decrease From Share Transaction
InvestmentCompanyIncreaseDecreaseFromShareTransaction
0 usd
CY2022 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
8533000 usd
CY2021 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
1867000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2087000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
587000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
730000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
51652000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11638000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3624000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-514000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-10559000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8627000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
17596000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14042000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
7273000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2595000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-68535000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-17011000 usd
CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 usd
CY2021 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-931000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-68535000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17942000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6072000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3014000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2715000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
833000 usd
CY2022 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 usd
CY2021 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
45849000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-3357000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-48030000 usd
CY2022 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 usd
CY2021 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
4498000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3357000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-43532000 usd
CY2022 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
841210000 usd
CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
27796000 usd
CY2022 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
837034000 usd
CY2021 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
CY2021 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
5000000 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
5000000 usd
CY2021 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
44400000 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
124685000 usd
CY2022 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
9564000 usd
CY2021 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
9564000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
500000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8928000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2295000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
34718000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
15703000 usd
CY2021 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
9585000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
35915000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
0 usd
CY2021 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
15367000 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
24999000 usd
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
CY2022 qtek Payments Of Tax Distributions To Members
PaymentsOfTaxDistributionsToMembers
128000 usd
CY2021 qtek Payments Of Tax Distributions To Members
PaymentsOfTaxDistributionsToMembers
0 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
70236000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
66119000 usd
CY2022 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 usd
CY2021 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-2746000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
70236000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
63373000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1656000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1982000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2151000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
169000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
495000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2151000 usd
CY2022Q4 us-gaap Cash
Cash
495000 usd
CY2021Q4 us-gaap Cash
Cash
606000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
0 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
1545000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
495000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2151000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
53242000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
31801000 usd
CY2022 us-gaap Interest Paid Discontinued Operations
InterestPaidDiscontinuedOperations
0 usd
CY2021 us-gaap Interest Paid Discontinued Operations
InterestPaidDiscontinuedOperations
195000 usd
CY2022 qtek Assets Acquired Under Operating Leases From Continuing Operations
AssetsAcquiredUnderOperatingLeasesFromContinuingOperations
9550000 usd
CY2021 qtek Assets Acquired Under Operating Leases From Continuing Operations
AssetsAcquiredUnderOperatingLeasesFromContinuingOperations
0 usd
CY2022 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
16698000 usd
CY2021 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
9804000 usd
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
21571000 shares
CY2022Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
34718000 usd
CY2022Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
73000000 usd
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
500000 usd
CY2022Q1 qtek Tax Receivable Agreement Percentage Of Savings Payable
TaxReceivableAgreementPercentageOfSavingsPayable
0.85
CY2022 us-gaap Profit Loss
ProfitLoss
-104792000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-68535000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of estimates: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses. These estimates are based on historical experience and various other assumptions that management believes to be reasonable under the current facts and circumstances. Actual results could differ from those estimates and assumptions.</span>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of credit risk:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Financial instruments that potentially subject the Company to concentration of credit risks consist principally of cash and accounts receivable.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains certain cash balances with the financial institutions and, from time to time, the Company may have balances in excess of the federally insured deposit limit.</span></div>
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1007000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5274000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4795000 usd
CY2022Q1 qtek Earnout Period
EarnoutPeriod
P5Y
CY2022Q4 us-gaap Share Price
SharePrice
15.00
CY2022 qtek Earnout Shares Trading Days
EarnoutSharesTradingDays
20 tradingday
CY2022 qtek Earnout Shares Consecutive Trading Days
EarnoutSharesConsecutiveTradingDays
30 tradingday
CY2022 qtek Percentage Of Earnout Shares Earned
PercentageOfEarnoutSharesEarned
0.50
CY2022 qtek Earnout Shares Trading Days
EarnoutSharesTradingDays
20 tradingday
CY2022 qtek Earnout Shares Consecutive Trading Days
EarnoutSharesConsecutiveTradingDays
30 tradingday
CY2022 qtek Percentage Of Earnout Shares Earned
PercentageOfEarnoutSharesEarned
0.50
CY2022Q1 qtek Business Combination And Pipe Financing Transaction Costs
BusinessCombinationAndPipeFinancingTransactionCosts
24999000 usd
CY2022 qtek Transaction Expense
TransactionExpense
10749000 usd
CY2021 qtek Transaction Expense
TransactionExpense
3826000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
29256000 usd
CY2022 us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
2966000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1007000 usd
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
33229000 usd
us-gaap Profit Loss
ProfitLoss
-75189000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38841000 usd
us-gaap Net Income Loss
NetIncomeLoss
-36348000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-3298000 usd
qtek Weighted Average Number Of Shares Unvested Blocker Owner Earnout Shares Outstanding Basic
WeightedAverageNumberOfSharesUnvestedBlockerOwnerEarnoutSharesOutstandingBasic
2274935 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.45
us-gaap Profit Loss
ProfitLoss
-75189000 usd
qtek Net Income Loss Attributable To Non Controlling Interest Diluted
NetIncomeLossAttributableToNonControllingInterestDiluted
-5906000 usd
qtek Net Income Loss Diluted
NetIncomeLossDiluted
-69283000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-3334000 usd
qtek Weighted Average Class B Common Shares If Converted To Class Common Shares Outstanding Excluding Earnout Voting Shares
WeightedAverageClassBCommonSharesIfConvertedToClassCommonSharesOutstandingExcludingEarnoutVotingShares
22200013 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44998609 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.47
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21077482 shares
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
57905000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
50941000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
99489000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
80197000 usd
CY2022Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
14160000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
39671000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
29515000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
59818000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
50682000 usd
CY2022 us-gaap Depreciation
Depreciation
16190000 usd
CY2021 us-gaap Depreciation
Depreciation
13017000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
24094000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
14773000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12610000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
13747000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5614000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3933000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8533000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1867000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
8739000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
186000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5408000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5614000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
58522000 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
22688000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
28723000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
14160000 usd
CY2022 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
-70000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
14493000 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
21080000 usd
us-gaap Profit Loss
ProfitLoss
-87276000 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.39
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.07
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
484229000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
162543000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
321686000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
484529000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
120355000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
364174000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
42187000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
39453000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
40827000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
38778000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
37786000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
37087000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
35522000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
131686000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
321686000 usd
CY2022Q2 qtek Line Of Credit Facility Extended Term
LineOfCreditFacilityExtendedTerm
P2Y
CY2022Q4 us-gaap Secured Debt
SecuredDebt
380000000 usd
CY2022 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
2391000 usd
CY2022 qtek Debt Instrument Interest Not Paid
DebtInstrumentInterestNotPaid
3700000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
543404000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
115224000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
13022000 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
12151000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
556426000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
127375000 usd
CY2022Q4 qtek Long Term Debt Current Maturities Expiration
LongTermDebtCurrentMaturitiesExpiration
0 usd
CY2021Q4 qtek Long Term Debt Current Maturities Expiration
LongTermDebtCurrentMaturitiesExpiration
115224000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
0 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
11354000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
0 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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