2022 Q3 Form 10-Q Financial Statement

#000119312522240863 Filed on September 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $32.26M $31.01M $29.70M
YoY Change 8.09% 6.64% 0.88%
Cost Of Revenue $20.88M $20.28M $19.95M
YoY Change 21.88% 11.5% 8.07%
Gross Profit $11.38M $10.73M $9.751M
YoY Change -10.49% -1.46% -11.19%
Gross Profit Margin 35.28% 34.6% 32.83%
Selling, General & Admin $8.552M $8.443M $8.427M
YoY Change 10.71% 0.08% -0.51%
% of Gross Profit 75.14% 78.69% 86.42%
Research & Development $1.595M $1.522M $1.550M
YoY Change 3.64% -11.36% 13.97%
% of Gross Profit 14.01% 14.19% 15.9%
Depreciation & Amortization $908.0K $912.0K $924.0K
YoY Change 6.95% -36.0% -34.47%
% of Gross Profit 7.98% 8.5% 9.48%
Operating Expenses $10.15M $9.965M $9.977M
YoY Change 9.53% -1.85% 1.5%
Operating Profit $1.235M $764.0K -$226.0K
YoY Change -64.22% 3.95% -119.65%
Interest Expense $210.0K -$100.0K -$608.0K
YoY Change -273.55% 5980.0%
% of Operating Profit 17.0% -13.09%
Other Income/Expense, Net -$431.0K -$179.0K $384.0K
YoY Change 445.57% -51.49% 74.55%
Pretax Income $804.0K $485.0K -$450.0K
YoY Change -89.58% 32.51% -133.33%
Income Tax $220.0K $60.00K $308.0K
% Of Pretax Income 27.36% 12.37%
Net Earnings $584.0K $425.0K -$758.0K
YoY Change -91.68% -28.33% -190.24%
Net Earnings / Revenue 1.81% 1.37% -2.55%
Basic Earnings Per Share $0.08 $0.06
Diluted Earnings Per Share $0.08 $57.46K -$104.7K
COMMON SHARES
Basic Shares Outstanding 7.310M 7.263M
Diluted Shares Outstanding 7.348M 7.361M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.285M $5.754M $5.276M
YoY Change -62.38% -49.59% -53.72%
Cash & Equivalents $4.285M $5.754M $5.276M
Short-Term Investments
Other Short-Term Assets $4.168M $4.233M $3.534M
YoY Change -20.11% 111.86% 292.67%
Inventory $41.73M $36.86M $34.61M
Prepaid Expenses
Receivables $17.38M $18.54M $17.22M
Other Receivables $0.00 $0.00 $3.135M
Total Short-Term Assets $67.66M $65.39M $63.78M
YoY Change 10.2% 12.34% 5.07%
LONG-TERM ASSETS
Property, Plant & Equipment $10.58M $11.95M $12.54M
YoY Change -21.74% -10.96% -6.46%
Goodwill $11.50M $12.16M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.057M $6.076M $6.086M
YoY Change -5.68% -4.48% -1.84%
Total Long-Term Assets $48.64M $49.79M $51.18M
YoY Change -9.66% -7.54% -6.61%
TOTAL ASSETS
Total Short-Term Assets $67.66M $65.39M $63.78M
Total Long-Term Assets $48.64M $49.79M $51.18M
Total Assets $116.3M $115.2M $115.0M
YoY Change 0.92% 2.78% -0.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.624M $6.952M $8.590M
YoY Change 24.35% 23.28% 50.7%
Accrued Expenses $3.334M $6.278M $7.625M
YoY Change -56.03% -1.89% 12.13%
Deferred Revenue $281.0K $262.0K
YoY Change
Short-Term Debt $4.500M $3.000M $0.00
YoY Change
Long-Term Debt Due $1.000M $1.000M $1.000M
YoY Change 14.29% 23.0% -81.13%
Total Short-Term Liabilities $22.52M $21.40M $20.04M
YoY Change 32.97% 38.59% -4.6%
LONG-TERM LIABILITIES
Long-Term Debt $7.917M $7.910M $8.154M
YoY Change -8.38% -40.55% -29.1%
Other Long-Term Liabilities $4.637M $5.030M $5.568M
YoY Change -31.05% -31.79% -29.52%
Total Long-Term Liabilities $7.917M $12.94M $13.72M
YoY Change -48.48% -37.43% -29.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.52M $21.40M $20.04M
Total Long-Term Liabilities $7.917M $12.94M $13.72M
Total Liabilities $35.20M $34.48M $33.94M
YoY Change 7.79% -5.59% -16.81%
SHAREHOLDERS EQUITY
Retained Earnings $57.52M $56.51M
YoY Change
Common Stock $60.88M $60.22M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $34.22M $33.97M
YoY Change
Treasury Stock Shares $3.341M $3.324M
Shareholders Equity $81.10M $80.70M $81.01M
YoY Change
Total Liabilities & Shareholders Equity $116.3M $115.2M $115.0M
YoY Change 0.92% 2.78% -0.47%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $584.0K $425.0K -$758.0K
YoY Change -91.68% -28.33% -190.24%
Depreciation, Depletion And Amortization $908.0K $912.0K $924.0K
YoY Change 6.95% -36.0% -34.47%
Cash From Operating Activities -$2.205M -$1.614M -$2.454M
YoY Change -239.2% -141.29% -163.41%
INVESTING ACTIVITIES
Capital Expenditures -$113.0K -$50.00K -$289.0K
YoY Change -81.72% -90.81% -41.02%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$113.0K -$50.00K -$289.0K
YoY Change -81.72% -90.81% -41.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $88.00K $42.00K
YoY Change 69.23% 110.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.000M 2.089M -675.0K
YoY Change -225.16% -161.1% -56.73%
NET CHANGE
Cash From Operating Activities -2.205M -1.614M -2.454M
Cash From Investing Activities -113.0K -50.00K -289.0K
Cash From Financing Activities 1.000M 2.089M -675.0K
Net Change In Cash -1.318M 425.0K -3.418M
YoY Change -889.22% -887.04% -287.8%
FREE CASH FLOW
Cash From Operating Activities -$2.205M -$1.614M -$2.454M
Capital Expenditures -$113.0K -$50.00K -$289.0K
Free Cash Flow -$2.092M -$1.564M -$2.165M
YoY Change -195.0% -135.12% -149.66%

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CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1336000
us-gaap Other Comprehensive Income Loss Net Of Tax
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ComprehensiveIncomeNetOfTax
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CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6686000
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ComprehensiveIncomeNetOfTax
-327000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7214000
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81012000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
337000
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-917000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
80696000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
235000
CY2022Q3 us-gaap Net Income Loss
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584000
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OtherComprehensiveIncomeLossNetOfTax
-419000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
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AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
478000
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021Q2 us-gaap Net Income Loss
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
469000
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
35000
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StockIssuedDuringPeriodValueRestrictedStockAwardGross
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StockholdersEquity
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ProfitLoss
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us-gaap Profit Loss
ProfitLoss
7612000
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2274000
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AmortizationOfFinancingCosts
13000
us-gaap Amortization Of Financing Costs
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alot Employee Retention Credit Receivable
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alot Employee Retention Credit Receivable
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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1282000
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93000
us-gaap Increase Decrease In Other Operating Capital Net
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483000
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us-gaap Net Cash Provided By Used In Operating Activities
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5493000
us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
43000
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ProceedsFromStockPlans
19000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
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249000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
354000
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4500000
alot Payments Of Minimum Guarantee Royalty Obligation
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alot Payments Of Minimum Guarantee Royalty Obligation
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10000000
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12576000
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250000
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
375000
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3089000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4218000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-98000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-163000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-991000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-50000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5276000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11439000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4285000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11389000
us-gaap Interest Paid Net
InterestPaidNet
206000
us-gaap Interest Paid Net
InterestPaidNet
209000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
126000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1689000
us-gaap Number Of Operating Segments
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2
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32259000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29845000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63269000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58923000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32259000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29845000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63269000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58923000
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
281000
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
262000
CY2022Q3 alot Contract With Customer Revenue Recognizedin Current Period
ContractWithCustomerRevenueRecognizedinCurrentPeriod
177000
alot Capitalized Contract Costs Amortization Period Remaining
CapitalizedContractCostsAmortizationPeriodRemaining
P19Y
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1300000
CY2022Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
100000
alot Capitalized Contract Costs Amortization Period Remaining
CapitalizedContractCostsAmortizationPeriodRemaining
P19Y
CY2022Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
19000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
37000
CY2022Q3 alot Capitalized Contract Cost Net Long Term And Short Term
CapitalizedContractCostNetLongTermAndShortTerm
1400000
CY2022Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
100000
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1300000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
792000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7309716
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7208834
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7286735
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7176940
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
38230
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
119724
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
67972
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
120178
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7347946
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7328558
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7354707
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7297118
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
612116
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
586084
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
189827
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
484748
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
36437000
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18201000
CY2022Q3 alot Finite Lived Intangible Assets Foreign Currency Translation Adjustment
FiniteLivedIntangibleAssetsForeignCurrencyTranslationAdjustment
78000
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18314000
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
36437000
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17410000
CY2022Q1 alot Finite Lived Intangible Assets Foreign Currency Translation Adjustment
FiniteLivedIntangibleAssetsForeignCurrencyTranslationAdjustment
173000
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
19200000
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1400000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1645000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
997000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
997000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
997000
CY2022Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
27504000
CY2022Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
22709000
CY2022Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
1160000
CY2022Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
1489000
CY2022Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
23369000
CY2022Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
19718000
CY2022Q3 us-gaap Inventory Gross
InventoryGross
52033000
CY2022Q1 us-gaap Inventory Gross
InventoryGross
43916000
CY2022Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
10306000
CY2022Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
9307000
CY2022Q3 us-gaap Inventory Net
InventoryNet
41727000
CY2022Q1 us-gaap Inventory Net
InventoryNet
34609000
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
4500000
CY2021Q3 us-gaap Line Of Credit
LineOfCredit
0
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
140000
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
83000
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
96000
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7917000
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
8154000
CY2022Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
65000000
us-gaap Interest Expense Debt
InterestExpenseDebt
118000000
CY2021Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
65000000
us-gaap Interest Expense Debt
InterestExpenseDebt
179000000
CY2022Q3 alot Erc Receivables
ErcReceivables
3100
CY2022Q1 alot Erc Receivables
ErcReceivables
3100
CY2022Q3 alot Lessee Operating Lease Liability Payment Due Year Five And Thereafter
LesseeOperatingLeaseLiabilityPaymentDueYearFiveAndThereafter
86000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1008000
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
79000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
929000
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0385
CY2021Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
408000
us-gaap Restricted Stock Expense
RestrictedStockExpense
562000
us-gaap Restricted Stock Expense
RestrictedStockExpense
778000
CY2022Q3 alot Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
0
CY2021Q3 alot Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
4000
alot Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
3000
alot Employee Stock Purchase Plan Expense
EmployeeStockPurchasePlanExpense
7000
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
235000
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
469000
us-gaap Share Based Compensation
ShareBasedCompensation
572000
us-gaap Share Based Compensation
ShareBasedCompensation
947000
alot Reservation Of Shares Under Employee Stock Purchase Plan
ReservationOfSharesUnderEmployeeStockPurchasePlan
40000
alot Guaranteed Minimum Royalty Payments
GuaranteedMinimumRoyaltyPayments
8500000
CY2022Q3 alot Excess Royaltie Paid
ExcessRoyaltiePaid
500000
alot Schedule Of Balance Sheet And Other Information Related To Operating Leases
ScheduleOfBalanceSheetAndOtherInformationRelatedToOperatingLeases
<div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance sheet and other information related to our leases is as follows: </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentColor; border-image: none; width: 76%; text-indent: 0px; font-family: 'Times New Roman'; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 39%;"/> <td style="width: 5%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 5%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 5%; vertical-align: bottom;"/> <td/> <td/> <td/></tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="padding-bottom: 0.5pt; vertical-align: bottom; white-space: nowrap;"><div style="line-height: normal; font-family: 'Times New Roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline;"><div style="display: inline;"><div style="top: 0px; letter-spacing: 0px; font-family: 'Times New Roman'; font-size: 8pt; display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Operating Leases</div></div></div></div></div></div><div style="line-height: normal; font-family: 'Times New Roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid; display: table-cell;"><div style="display: inline;"><div style="display: inline;"><div style="top: 0px; letter-spacing: 0px; font-family: 'Times New Roman'; font-size: 8pt; display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(In thousands)</div></div></div></div></div></div></td> <td style="padding-bottom: 0.5pt; vertical-align: bottom;"><div style="display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></div></td> <td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="display: inline;"><div style="top: 0px; letter-spacing: 0px; display: inline;"><div style="display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Balance Sheet Classification</div></div></div></div></div></td> <td style="padding-bottom: 0.5pt; vertical-align: bottom;"><div style="display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td style="padding-bottom: 0.5pt; vertical-align: bottom;"><div style="display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></div></td> <td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="display: inline;"><div style="top: 0px; letter-spacing: 0px; display: inline;"><div style="display: inline;"><div style="font-weight:bold;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">July 30,<br/>2022</div></div></div></div></div></td> <td style="padding-bottom: 0.5pt; vertical-align: bottom;"><div style="display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td style="padding-bottom: 0.5pt; vertical-align: bottom;"><div style="display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></div></td> <td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="display: inline;"><div style="top: 0px; letter-spacing: 0px; display: inline;"><div style="display: inline;"><div style="font-weight:bold;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">January 31,<br/>2022</div></div></div></div></div></td> <td style="padding-bottom: 0.5pt; vertical-align: bottom;"><div style="display: inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td></tr> <tr style="font-size: 0px;"> <td style="width: 39%;"> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="font-size: 0px;"> <td style="width: 39%;"> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="font-size: 0px;"> <td style="width: 39%;"> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td> <td style="width: 5%; vertical-align: bottom;"> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 39%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: &quot;Times New Roman&quot;; line-height: normal;">Lease Assets</div></td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">Right of Use Assets</td> <td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">887</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space:nowrap;vertical-align:bottom">$</td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">1,094</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt"> <td style="vertical-align: top; width: 39%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: &quot;Times New Roman&quot;; line-height: normal;">Lease Liabilities – Current</div></td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">Other Liabilities and Accrued Expenses</td> <td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">302</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">327</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff"> <td style="vertical-align: top; width: 39%;"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: &quot;Times New Roman&quot;; line-height: normal;">Lease Liabilities – Long Term</div></td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">Lease Liabilities</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">627</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align: bottom; width: 5%;">  </td> <td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td> <td style="white-space:nowrap;vertical-align:bottom;text-align:right;">808</td> <td style="white-space:nowrap;vertical-align:bottom"> </td></tr></table>
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
887000
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1094000
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
302000
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
327000
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
627000
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
808000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
151000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
293000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
192000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
146000
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
79000
us-gaap Operating Lease Payments
OperatingLeasePayments
162000
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
93000
us-gaap Operating Lease Payments
OperatingLeasePayments
185000
CY2022Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1000
CY2021Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
57000
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
7000
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
162000
CY2022Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
234000
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
598043
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.67
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
11444
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
9.51
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
5100
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.38
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
2400
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
8.09
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
579099
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.79
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
579099
CY2022Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
14.79
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
579099
CY2022Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
14.79
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7718000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1289000
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.274
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.217
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.091
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.058
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000
CY2022Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
13000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000
CY2021Q3 alot Tax Expense Resulting From Shortfall
TaxExpenseResultingFromShortfall
100000
CY2021Q3 alot Tax Expenses Benefits Resulting From Provisional Adjustments
TaxExpensesBenefitsResultingFromProvisionalAdjustments
32000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
300000
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
38000
alot Tax Expenses Benefits Resulting From Provisional Adjustments
TaxExpensesBenefitsResultingFromProvisionalAdjustments
21000
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
13000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000
alot Tax Expense Resulting From Shortfall
TaxExpenseResultingFromShortfall
300000
alot Tax Expenses Benefits Resulting From Provisional Adjustments
TaxExpensesBenefitsResultingFromProvisionalAdjustments
100000
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
32000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32259000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29845000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63269000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58923000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1235000
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3452000
us-gaap Operating Income Loss
OperatingIncomeLoss
1999000
us-gaap Operating Income Loss
OperatingIncomeLoss
4186000
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-431000
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4266000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-710000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3897000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
804000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8083000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
220000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
699000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
280000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
471000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
584000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
7019000
us-gaap Net Income Loss
NetIncomeLoss
1009000
us-gaap Net Income Loss
NetIncomeLoss
7612000

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