2023 Q1 Form 10-K Financial Statement

#000187094023000008 Filed on March 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $45.81M $40.70M $168.8M
YoY Change 15.85% 8.38% 26.61%
Cost Of Revenue $16.52M $14.64M $58.28M
YoY Change 20.9% 20.25% 41.34%
Gross Profit $29.30M $26.07M $110.5M
YoY Change 13.19% 2.69% 20.02%
Gross Profit Margin 63.95% 64.04% 65.47%
Selling, General & Admin $23.88M $28.94M $101.4M
YoY Change -1.18% -18.94% 54.29%
% of Gross Profit 81.52% 111.05% 91.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.336M $2.219M $8.061M
YoY Change 23.86% 14.8% 22.19%
% of Gross Profit 7.97% 8.51% 7.29%
Operating Expenses $23.88M $31.16M $101.4M
YoY Change -1.18% -17.21% 54.29%
Operating Profit $1.762M -$5.098M -$4.545M
YoY Change -250.47% -58.41% -128.82%
Interest Expense $1.735M -$1.930M $6.751M
YoY Change 16.29% 23.32% 38.11%
% of Operating Profit 98.47%
Other Income/Expense, Net
YoY Change
Pretax Income $27.00K -$7.892M -$11.30M
YoY Change -101.01% -42.9% -203.82%
Income Tax $41.00K -$700.0K $3.383M
% Of Pretax Income 151.85%
Net Earnings -$14.00K -$7.192M -$14.68M
YoY Change -97.98% 1730.03% -239.12%
Net Earnings / Revenue -0.03% -17.67% -8.7%
Basic Earnings Per Share $0.00 -$0.26
Diluted Earnings Per Share $0.00 -$0.13 -$0.26
COMMON SHARES
Basic Shares Outstanding 56.39M shares 56.17M shares 55.68M shares
Diluted Shares Outstanding 56.44M shares 55.68M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.28M $9.616M $9.616M
YoY Change -58.56% -62.06% -62.06%
Cash & Equivalents $11.28M $9.616M $9.616M
Short-Term Investments
Other Short-Term Assets $3.861M $4.229M $4.229M
YoY Change -24.78% 3.32% 3.32%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $17.89M $16.68M $16.68M
YoY Change -44.73% -43.36% -43.36%
LONG-TERM ASSETS
Property, Plant & Equipment $27.28M $24.21M $47.97M
YoY Change 57.66% 77.63% 50.92%
Goodwill $81.70M $81.70M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.273M $3.280M $3.280M
YoY Change 76.06% 88.29% 88.29%
Total Long-Term Assets $191.6M $184.1M $184.1M
YoY Change 9.59% 7.58% 7.58%
TOTAL ASSETS
Total Short-Term Assets $17.89M $16.68M $16.68M
Total Long-Term Assets $191.6M $184.1M $184.1M
Total Assets $209.5M $200.8M $200.8M
YoY Change 1.11% 0.1% 0.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.340M $3.844M $3.844M
YoY Change 27.87% 43.97% 43.97%
Accrued Expenses $3.621M $6.644M $13.99M
YoY Change 18.1% 61.93% 38.73%
Deferred Revenue $3.891M $2.358M
YoY Change 61.72% -16.09%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.125M $2.125M $2.125M
YoY Change 150.0% 150.0% 150.0%
Total Short-Term Liabilities $21.52M $22.32M $22.32M
YoY Change 35.22% 35.96% 35.96%
LONG-TERM LIABILITIES
Long-Term Debt $81.15M $81.42M $81.42M
YoY Change -0.74% -0.41% -0.41%
Other Long-Term Liabilities $1.025M $1.025M $20.77M
YoY Change -93.32% -92.93% 43.19%
Total Long-Term Liabilities $82.17M $82.45M $102.2M
YoY Change 0.52% 0.84% 6.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.52M $22.32M $22.32M
Total Long-Term Liabilities $82.17M $82.45M $102.2M
Total Liabilities $134.3M $130.0M $130.0M
YoY Change 14.43% 11.08% 11.08%
SHAREHOLDERS EQUITY
Retained Earnings -$15.09M -$15.07M
YoY Change 1289.13% 3735.11%
Common Stock $56.00K $56.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $75.23M $70.77M $70.77M
YoY Change
Total Liabilities & Shareholders Equity $209.5M $200.8M $200.8M
YoY Change 1.11% 0.1% 0.1%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$14.00K -$7.192M -$14.68M
YoY Change -97.98% 1730.03% -239.12%
Depreciation, Depletion And Amortization $2.336M $2.219M $8.061M
YoY Change 23.86% 14.8% 22.19%
Cash From Operating Activities $6.219M $6.640M $24.45M
YoY Change -12.16% -216.37% -8.21%
INVESTING ACTIVITIES
Capital Expenditures $3.815M $2.195M $12.92M
YoY Change -10.74% -191.84% 81.58%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$3.815M -$2.195M -$12.92M
YoY Change -10.74% -8.16% 81.58%
FINANCING ACTIVITIES
Cash Dividend Paid $200.0K $23.20M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$737.0K -2.429M -$27.26M
YoY Change -20.24% -119.12% 499.19%
NET CHANGE
Cash From Operating Activities $6.219M 6.640M $24.45M
Cash From Investing Activities -$3.815M -2.195M -$12.92M
Cash From Financing Activities -$737.0K -2.429M -$27.26M
Net Change In Cash $1.667M 2.016M -$15.73M
YoY Change -11.42% -56.26% -205.1%
FREE CASH FLOW
Cash From Operating Activities $6.219M $6.640M $24.45M
Capital Expenditures $3.815M $2.195M $12.92M
Free Cash Flow $2.404M $4.445M $11.53M
YoY Change -14.33% -234.05% -40.94%

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CY2021 us-gaap Net Income Loss
NetIncomeLoss
10551000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
7577000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8061000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6597000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5641000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
29457000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
7185000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
325000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
921000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
639000 usd
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
211000 usd
CY2022 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
-932000 usd
CY2021 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
-682000 usd
CY2020 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
0 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1134000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
208000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-147000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 usd
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
2831000 usd
CY2021 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
0 usd
CY2020 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
0 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3845000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-275000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
7274000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1305000 usd
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
204000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
865000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1576000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1019000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-452000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-423000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
45000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
8171000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4768000 usd
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1106000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
24447000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26633000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13957000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12921000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7116000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3689000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12921000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7116000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3689000 usd
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
84263000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
838000 usd
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2900000 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
83503000 usd
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
49603000 usd
CY2020 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
2500000 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
13542000 usd
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2022 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
1159000 usd
CY2021 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
66856000 usd
CY2020 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
4617000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
23160000 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
0 usd
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
0 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2031000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-147000 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-27257000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4549000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5017000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-15731000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
14968000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5251000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25347000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10379000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5128000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9616000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25347000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10379000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
5830000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
4255000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
2293000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
4932000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1113000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
255000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2022 airs Distributions To Affiliates Incurred But Not Yet Paid
DistributionsToAffiliatesIncurredButNotYetPaid
0 usd
CY2021 airs Distributions To Affiliates Incurred But Not Yet Paid
DistributionsToAffiliatesIncurredButNotYetPaid
427000 usd
CY2020 airs Distributions To Affiliates Incurred But Not Yet Paid
DistributionsToAffiliatesIncurredButNotYetPaid
0 usd
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
55640154 shares
CY2021Q4 airs Business Reorganization Ownership Interest
BusinessReorganizationOwnershipInterest
1
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Accounting Estimates</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
The Company maintains cash balances at financial institutions which may at times exceed the amount covered by the Federal Deposit Insurance Corporation. The Company has not experienced any losses in such accounts.
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
900000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
600000 usd
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
200000 usd
CY2022 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P15Y
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
20600000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
14800000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
7000000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.299
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.030
CY2022Q4 us-gaap Goodwill
Goodwill
81700000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
81700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
71300000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
71300000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
51099000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
55852000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4800000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4800000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4800000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4753000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4753000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4753000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4753000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4753000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
27334000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
51099000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
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1455000 usd
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6176000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2908000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24206000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13627000 usd
CY2022 us-gaap Depreciation
Depreciation
3300000 usd
CY2021 us-gaap Depreciation
Depreciation
1800000 usd
CY2020 us-gaap Depreciation
Depreciation
900000 usd
CY2021Q2 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
59700000 usd
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
23000000 usd
CY2022Q3 airs Dividends Common Stock Cash Awards Not Yet Vested
DividendsCommonStockCashAwardsNotYetVested
2000000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1657000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
83545000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
82605000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2125000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
850000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
81420000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
81755000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2125000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2125000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
4250000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
6375000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
70125000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
85000000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2022 airs Payments Of Distributions To Parent
PaymentsOfDistributionsToParent
1200000 usd
CY2022 airs Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
1 renewal_option
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y6M
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M24D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
5068000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
3348000 usd
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
2540000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10913000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3856000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6447000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5038000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5442000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5558000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5160000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4024000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5874000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
31096000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6995000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
24101000 usd
CY2021 airs Payments Of Distributions To Parent
PaymentsOfDistributionsToParent
66900000 usd
CY2020 airs Payments Of Distributions To Parent
PaymentsOfDistributionsToParent
4600000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29500000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7200000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.41
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
23200000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
1500000 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
500000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-14679000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
10551000 usd
us-gaap Net Income Loss
NetIncomeLoss
10944000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-14679000 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-393000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55684701 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55640154 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55684701 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55640154 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1235000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1014000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
121000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2249000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
121000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1109000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
243000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
25000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-35000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1134000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
208000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3383000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
329000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.073
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.006
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.220
CY2022 airs Effective Income Tax Rate Reconciliation Nondeductible Expense Reorganization And Ipo Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseReorganizationAndIPOPercent
0
CY2021 airs Effective Income Tax Rate Reconciliation Nondeductible Expense Reorganization And Ipo Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseReorganizationAndIPOPercent
0.006
CY2022 airs Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOfficerCompensationPercent
-0.388
CY2021 airs Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOfficerCompensationPercent
0
CY2022 airs Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance And Nondeductible Expense Other Percent
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowanceAndNondeductibleExpenseOtherPercent
-0.048
CY2021 airs Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance And Nondeductible Expense Other Percent
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowanceAndNondeductibleExpenseOtherPercent
0.028
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.299
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.030
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.299
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.030
CY2021 airs Income Tax Expense Benefit Attributable To Members Equity
IncomeTaxExpenseBenefitAttributableToMembersEquity
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
272000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
278000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
559000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
254000 usd
CY2022Q4 airs Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
5449000 usd
CY2021Q4 airs Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
4567000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1231000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
964000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
558000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
0 usd
CY2022Q4 airs Deferred Tax Assets163j Limitation
DeferredTaxAssets163jLimitation
912000 usd
CY2021Q4 airs Deferred Tax Assets163j Limitation
DeferredTaxAssets163jLimitation
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
8988000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
6063000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
559000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
246000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
8429000 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
5817000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4998000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2555000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2993000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2117000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
5427000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
4613000 usd
CY2022Q4 airs Deferred Tax Liabilities Prepaid Expenses And Other Assets Current
DeferredTaxLiabilitiesPrepaidExpensesAndOtherAssetsCurrent
495000 usd
CY2021Q4 airs Deferred Tax Liabilities Prepaid Expenses And Other Assets Current
DeferredTaxLiabilitiesPrepaidExpensesAndOtherAssetsCurrent
883000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
13913000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
10168000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
5484000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
4351000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
600000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
200000 usd
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 reportable_segment
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
56385671 shares

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