2023 Q1 Form 10-Q Financial Statement

#000077954423000010 Filed on February 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q1
Revenue $46.89M $43.99M
YoY Change 9.44% 116.69%
Cost Of Revenue $13.04M $12.54M
YoY Change 3.73% 111.14%
Gross Profit $33.85M $31.44M
YoY Change 11.82% 118.97%
Gross Profit Margin 72.19% 71.49%
Selling, General & Admin $25.52M $22.44M
YoY Change 30.01% 61.29%
% of Gross Profit 75.4% 71.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.052M $1.079M
YoY Change 79.83% 14.79%
% of Gross Profit 3.11% 3.43%
Operating Expenses $32.42M $28.65M
YoY Change 28.75% 62.16%
Operating Profit $1.424M $2.791M
YoY Change -72.01% -184.4%
Interest Expense -$305.0K $285.0K
YoY Change 8.93% -12.04%
% of Operating Profit -21.42% 10.21%
Other Income/Expense, Net $37.00K $222.0K
YoY Change
Pretax Income $1.156M $2.738M
YoY Change -86.71% -175.68%
Income Tax $158.0K $309.0K
% Of Pretax Income 13.67% 11.29%
Net Earnings $762.0K $2.209M
YoY Change -88.84% -389.52%
Net Earnings / Revenue 1.63% 5.02%
Basic Earnings Per Share $0.48 $0.62
Diluted Earnings Per Share $210.8K $0.61
COMMON SHARES
Basic Shares Outstanding 3.600M shares 3.600M shares 3.551M shares
Diluted Shares Outstanding 3.648M shares 3.597M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.46M $20.17M
YoY Change 48.45% 86.73%
Cash & Equivalents $23.44M $20.17M
Short-Term Investments $5.021M
Other Short-Term Assets $3.301M $5.829M
YoY Change -53.51% -15.52%
Inventory $3.707M $4.425M
Prepaid Expenses
Receivables $3.185M $4.009M
Other Receivables $440.0K $339.0K
Total Short-Term Assets $39.09M $34.77M
YoY Change 14.06% 51.92%
LONG-TERM ASSETS
Property, Plant & Equipment $34.68M $35.58M
YoY Change -4.12% -4.7%
Goodwill $17.44M $17.44M
YoY Change 0.0% 0.0%
Intangibles $4.220M $4.220M
YoY Change 0.0% 0.0%
Long-Term Investments $6.465M $6.435M
YoY Change 0.62% -6.74%
Other Assets $2.524M $2.254M
YoY Change 11.19% -12.7%
Total Long-Term Assets $170.4M $124.1M
YoY Change 34.27% -8.69%
TOTAL ASSETS
Total Short-Term Assets $39.09M $34.77M
Total Long-Term Assets $170.4M $124.1M
Total Assets $209.5M $158.8M
YoY Change 29.97% 0.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.466M $4.806M
YoY Change -8.6% 92.24%
Accrued Expenses $18.31M $14.98M
YoY Change 23.24% 6.21%
Deferred Revenue $5.534M $4.540M
YoY Change 10.95%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.575M $6.756M
YoY Change -5.71% 64.78%
Total Short-Term Liabilities $34.88M $31.08M
YoY Change 10.03% 27.13%
LONG-TERM LIABILITIES
Long-Term Debt $17.09M $23.82M
YoY Change -33.01% -42.47%
Other Long-Term Liabilities $97.44M $50.50M
YoY Change 85.42% -10.61%
Total Long-Term Liabilities $114.5M $74.32M
YoY Change 46.72% -24.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $34.88M $31.08M
Total Long-Term Liabilities $114.5M $74.32M
Total Liabilities $149.4M $105.4M
YoY Change 36.12% -13.82%
SHAREHOLDERS EQUITY
Retained Earnings $44.27M $38.09M
YoY Change 23.37% 71.39%
Common Stock $15.53M $14.60M
YoY Change 6.89% 7.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $59.80M $52.70M
YoY Change
Total Liabilities & Shareholders Equity $209.5M $158.8M
YoY Change 29.97% 0.05%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q1
OPERATING ACTIVITIES
Net Income $762.0K $2.209M
YoY Change -88.84% -389.52%
Depreciation, Depletion And Amortization $1.052M $1.079M
YoY Change 79.83% 14.79%
Cash From Operating Activities $4.511M $3.852M
YoY Change 70.48% -229.05%
INVESTING ACTIVITIES
Capital Expenditures -$916.0K $449.0K
YoY Change 87.7% -24.41%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$5.071M $41.00K
YoY Change -1128.6% -102.25%
Cash From Investing Activities -$5.987M -$408.0K
YoY Change -119840.0% -83.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $531.0K $0.00
YoY Change
Cash From Financing Activities -1.687M -$2.448M
YoY Change -4.15% 262.67%
NET CHANGE
Cash From Operating Activities 4.511M $3.852M
Cash From Investing Activities -5.987M -$408.0K
Cash From Financing Activities -1.687M -$2.448M
Net Change In Cash -3.163M $996.0K
YoY Change -454.99% -116.4%
FREE CASH FLOW
Cash From Operating Activities $4.511M $3.852M
Capital Expenditures -$916.0K $449.0K
Free Cash Flow $5.427M $3.403M
YoY Change 73.17% -195.08%

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CY2022Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-903000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3852000 usd
CY2022Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
797000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
449000 usd
CY2022Q4 arkr Loans And Advances Made To Employees
LoansAndAdvancesMadeToEmployees
14000 usd
CY2022Q1 arkr Loans And Advances Made To Employees
LoansAndAdvancesMadeToEmployees
11000 usd
CY2022Q4 arkr Payments Received On Employee Receivables
PaymentsReceivedOnEmployeeReceivables
60000 usd
CY2022Q1 arkr Payments Received On Employee Receivables
PaymentsReceivedOnEmployeeReceivables
52000 usd
CY2022Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-751000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-408000 usd
CY2022Q4 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1257000 usd
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1919000 usd
CY2022Q4 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
531000 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
CY2022Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
450000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 usd
CY2022Q4 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
120000 usd
CY2022Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
529000 usd
CY2022Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2358000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2448000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4012000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
996000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23439000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19171000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19427000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20167000 usd
CY2022Q4 us-gaap Interest Paid Net
InterestPaidNet
416000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
263000 usd
CY2022Q4 us-gaap Income Taxes Paid
IncomeTaxesPaid
2000 usd
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
8000 usd
CY2022Q4 us-gaap Use Of Estimates
UseOfEstimates
USE OF ESTIMATES — The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The accounting estimates that require management’s most difficult and subjective judgments include: projected cash flows, allowances for potential bad debts on receivables, assumptions regarding discount rates related to lease accounting, the useful lives and recoverability of its long-lived assets, such as property, right-of-use assets and intangibles, fair values of financial instruments and share-based compensation, estimates made in connection with acquisitions and impairment analyses, the realizable value of its tax assets and determining when investment impairments are other-than-temporary. Because of the uncertainty in such estimates, actual results may differ from these estimates. The results of operations for the 13 weeks ended December 31, 2022 are not necessarily indicative of the results to be expected for any other interim period or for the year ending September 30, 2023.
CY2022Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3325000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5534000 usd
CY2022Q4 arkr Liability For Gift Cards Included In Accrued Expenses And Other Current Liabilities
LiabilityForGiftCardsIncludedInAccruedExpensesAndOtherCurrentLiabilities
430000 usd
CY2022Q4 arkr Liability For Gift Cards Included In Accrued Expenses And Other Current Liabilities
LiabilityForGiftCardsIncludedInAccruedExpensesAndOtherCurrentLiabilities
309000 usd
CY2022Q4 arkr Number Of Vi Es With Primary Benefits
NumberOfVIEsWithPrimaryBenefits
3 variableinterestentity
CY2022Q4 arkr Number Of Vi Es With Primary Benefits
NumberOfVIEsWithPrimaryBenefits
3 variableinterestentity
CY2022Q4 arkr Sales Tax Payable Current
SalesTaxPayableCurrent
1002000 usd
CY2022Q4 arkr Sales Tax Payable Current
SalesTaxPayableCurrent
916000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4595000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5517000 usd
CY2022Q4 arkr Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
3325000 usd
CY2022Q4 arkr Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
5534000 usd
CY2022Q4 arkr Accrued Occupancy And Other Operating Expenses Current
AccruedOccupancyAndOtherOperatingExpensesCurrent
3409000 usd
CY2022Q4 arkr Accrued Occupancy And Other Operating Expenses Current
AccruedOccupancyAndOtherOperatingExpensesCurrent
4345000 usd
CY2022Q4 arkr Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
12331000 usd
CY2022Q4 arkr Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
16312000 usd
CY2022Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
3528000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
2273000 usd
CY2022Q4 arkr Occupancy Lease Cost
OccupancyLeaseCost
114000 usd
CY2022Q1 arkr Occupancy Lease Cost
OccupancyLeaseCost
93000 usd
CY2022Q4 us-gaap Variable Lease Cost
VariableLeaseCost
1357000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
1897000 usd
CY2022Q4 us-gaap Lease Cost
LeaseCost
4999000 usd
CY2022Q1 us-gaap Lease Cost
LeaseCost
4263000 usd
CY2022Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
5171000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3592000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y3M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10421000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
14023000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12995000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11867000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11547000 usd
CY2022Q4 arkr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
85915000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
146768000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
43483000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
103285000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
21675000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
23729000 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
5643000 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
6575000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-53000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-65000 usd
CY2022Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
15979000 usd
CY2022Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
17089000 usd
CY2022Q4 arkr Paycheck Protection Program Loan Forgiveness Income
PaycheckProtectionProgramLoanForgivenessIncome
272000 usd
CY2022Q1 arkr Paycheck Protection Program Loan Forgiveness Income
PaycheckProtectionProgramLoanForgivenessIncome
0 usd
CY2022Q4 arkr Paycheck Protection Program Loan Interest Forgiveness Income
PaycheckProtectionProgramLoanInterestForgivenessIncome
6000 usd
CY2022Q1 arkr Paycheck Protection Program Loan Interest Forgiveness Income
PaycheckProtectionProgramLoanInterestForgivenessIncome
0 usd
CY2022Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
271000 usd
CY2022Q4 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
12000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
12000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
542000 usd
CY2018Q2 us-gaap Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
2 plaintiff
CY2022Q4 arkr Number Of Stock Option Plans
NumberOfStockOptionPlans
2 plan
CY2022Q4 arkr Maximum Amount Of Compensation Paid Under Cash Bonus Plan
MaximumAmountOfCompensationPaidUnderCashBonusPlan
1000000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
544125 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.63
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2022Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2022Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
544125 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.63
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M18D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
612000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
353875 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
20.32
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
306000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
477500 shares
CY2022Q4 us-gaap Share Based Compensation
ShareBasedCompensation
79000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
74000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
464000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y8M12D
CY2022Q4 arkr Paycheck Protection Program Loan Forgiveness Income
PaycheckProtectionProgramLoanForgivenessIncome
272000 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114000 usd
CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.054
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
309000 usd
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.113
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3600000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3551000 shares
CY2022Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
48000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
46000 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3648000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3597000 shares
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
418000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
433000 shares
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.125

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