2023 Q3 Form 10-Q Financial Statement

#000146241823000046 Filed on July 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $36.21M $35.24M
YoY Change -5.65% -12.83%
Cost Of Revenue $29.02M $29.70M
YoY Change -15.6% -18.3%
Gross Profit $7.189M $5.532M
YoY Change 80.04% 36.06%
Gross Profit Margin 19.85% 15.7%
Selling, General & Admin $10.73M $10.86M
YoY Change -26.26% -25.25%
% of Gross Profit 149.31% 196.26%
Research & Development $3.786M $3.865M
YoY Change -18.69% -22.01%
% of Gross Profit 52.66% 69.87%
Depreciation & Amortization $600.0K $1.934M
YoY Change -33.33% 114.89%
% of Gross Profit 8.35% 34.96%
Operating Expenses $14.52M $12.34M
YoY Change -24.42% -36.65%
Operating Profit -$3.545M -$6.809M
YoY Change -66.44% -34.9%
Interest Expense $9.890M -$9.589M
YoY Change 127.41% -371.34%
% of Operating Profit
Other Income/Expense, Net -$7.317M -$1.699M
YoY Change 88.1% -49.15%
Pretax Income -$10.86M -$18.20M
YoY Change -24.85% 31.87%
Income Tax $400.0K $639.0K
% Of Pretax Income
Net Earnings -$11.28M -$18.85M
YoY Change -20.88% 23.03%
Net Earnings / Revenue -31.15% -53.5%
Basic Earnings Per Share -$0.51 -$0.90
Diluted Earnings Per Share -$0.51 -$0.90
COMMON SHARES
Basic Shares Outstanding 20.87M shares 20.81M shares
Diluted Shares Outstanding 22.18M shares 20.84M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.64M $35.04M
YoY Change -42.58% -50.43%
Cash & Equivalents $36.64M $35.04M
Short-Term Investments
Other Short-Term Assets $2.869M $10.77M
YoY Change -52.83% 7.39%
Inventory
Prepaid Expenses $2.746M $3.527M
Receivables $12.98M $13.68M
Other Receivables $510.0K $291.0K
Total Short-Term Assets $60.84M $59.79M
YoY Change -39.07% -46.0%
LONG-TERM ASSETS
Property, Plant & Equipment $2.168M $7.531M
YoY Change -56.38% 30.59%
Goodwill $55.96M $55.96M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $597.0K $600.0K
YoY Change -27.64% -30.88%
Other Assets $7.242M $11.51M
YoY Change 31.6% 106.12%
Total Long-Term Assets $101.8M $104.8M
YoY Change -8.64% -8.21%
TOTAL ASSETS
Total Short-Term Assets $60.84M $59.79M
Total Long-Term Assets $101.8M $104.8M
Total Assets $162.6M $164.6M
YoY Change -23.02% -26.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.40M $14.87M
YoY Change 17.7% -3.88%
Accrued Expenses $8.425M $18.37M
YoY Change -43.53% 27.86%
Deferred Revenue $3.303M $3.075M
YoY Change -18.44% -8.7%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $36.63M $47.16M
YoY Change -24.62% -1.42%
LONG-TERM LIABILITIES
Long-Term Debt $212.0M $217.9M
YoY Change -13.42% -10.87%
Other Long-Term Liabilities $18.23M $18.87M
YoY Change 4.14% 0.56%
Total Long-Term Liabilities $230.2M $236.8M
YoY Change -12.25% -10.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.63M $47.16M
Total Long-Term Liabilities $230.2M $236.8M
Total Liabilities $266.8M $293.3M
YoY Change -14.18% -5.7%
SHAREHOLDERS EQUITY
Retained Earnings -$166.1M $75.10M
YoY Change -226.69% -48.52%
Common Stock $206.1M $197.9M
YoY Change 18.71% 14.87%
Preferred Stock
YoY Change
Treasury Stock (at cost) $153.6M $401.8M
YoY Change -62.92% -3.06%
Treasury Stock Shares
Shareholders Equity -$113.6M -$128.8M
YoY Change
Total Liabilities & Shareholders Equity $162.6M $164.6M
YoY Change -23.02% -26.81%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income -$11.28M -$18.85M
YoY Change -20.88% 23.03%
Depreciation, Depletion And Amortization $600.0K $1.934M
YoY Change -33.33% 114.89%
Cash From Operating Activities -$6.655M -$7.882M
YoY Change 2.24% -11.18%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.259M -203.0K
YoY Change -4958.24% -58.99%
NET CHANGE
Cash From Operating Activities -6.655M -7.882M
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 8.259M -203.0K
Net Change In Cash 1.604M -8.085M
YoY Change -123.22% -15.63%
FREE CASH FLOW
Cash From Operating Activities -$6.655M -$7.882M
Capital Expenditures $0.00 $0.00
Free Cash Flow -$6.655M -$7.882M
YoY Change 5.97% -5.2%

Facts In Submission

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us-gaap Interest Paid Net
InterestPaidNet
11022000 usd
us-gaap Interest Paid Net
InterestPaidNet
6218000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-4509000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3497000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
298000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
710000 usd
asps Lease Liability Reduction From Lease Terminations And Amendments
LeaseLiabilityReductionFromLeaseTerminationsAndAmendments
0 usd
asps Lease Liability Reduction From Lease Terminations And Amendments
LeaseLiabilityReductionFromLeaseTerminationsAndAmendments
173000 usd
asps Net Decrease Increase In Payables For Purchases Of Premises And Equipment
NetDecreaseIncreaseInPayablesForPurchasesOfPremisesAndEquipment
0 usd
asps Net Decrease Increase In Payables For Purchases Of Premises And Equipment
NetDecreaseIncreaseInPayablesForPurchasesOfPremisesAndEquipment
107000 usd
asps Warrants Issued Credit Agreement
WarrantsIssuedCreditAgreement
8096000 usd
asps Warrants Issued Credit Agreement
WarrantsIssuedCreditAgreement
0 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35041000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
70693000 usd
CY2023Q2 us-gaap Restricted Cash
RestrictedCash
3202000 usd
CY2022Q2 us-gaap Restricted Cash
RestrictedCash
3611000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38243000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74304000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
17995000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12989000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4363000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
522000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
571000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5297000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
600000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1105000 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3527000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5165000 usd
CY2023Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
291000 usd
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
7031000 usd
CY2023Q2 asps Prepaid Maintenance Current
PrepaidMaintenanceCurrent
1259000 usd
CY2022Q4 asps Prepaid Maintenance Current
PrepaidMaintenanceCurrent
1498000 usd
CY2023Q2 us-gaap Escrow Deposit
EscrowDeposit
3201000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
3223000 usd
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
23000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2023Q2 asps Surety Bond Collateral
SuretyBondCollateral
0 usd
CY2022Q4 asps Surety Bond Collateral
SuretyBondCollateral
4000000 usd
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
2762000 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
11063000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
49334000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
46492000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2842000 usd
us-gaap Depreciation
Depreciation
1400000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2842000 usd
CY2023Q2 asps Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
12072000 usd
CY2023Q2 asps Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
7383000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4689000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
900000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
55960000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
259016000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
229846000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
29170000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2600000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
5100000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5100000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5100000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4900000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4700000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
3179000 usd
CY2023Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
600000 usd
CY2022Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
596000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
3302000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1322000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7081000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5166000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-694000 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
14868000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
14981000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10449000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
11858000 usd
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5808000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5501000 usd
CY2023Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1195000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1167000 usd
CY2023Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
32320000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
33507000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2113000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2097000 usd
CY2023Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
472000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
770000 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2585000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2867000 usd
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
217881000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
245230000 usd
CY2023Q2 asps Debt Issuance And Amendment Costs Net
DebtIssuanceAndAmendmentCostsNet
4600000 usd
CY2023Q2 asps Accumulated Amortization Debt Issuance And Amendment Costs
AccumulatedAmortizationDebtIssuanceAndAmendmentCosts
4800000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
900000 usd
CY2022Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
3600000 usd
CY2023Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
16141000 usd
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
16079000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2693000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3371000 usd
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
30000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
82000 usd
CY2023Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
5000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
4000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
18869000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
19536000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
51025000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
3248000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Asset Current
BusinessCombinationContingentConsiderationAssetCurrent
3223000 usd
CY2023Q2 asps Warrant Liability
WarrantLiability
9176000 usd
CY2023Q2 asps Warrant Liability
WarrantLiability
9176000 usd
CY2023Q2 asps Warrant Liability
WarrantLiability
9176000 usd
CY2023Q2 asps Warrant Liability
WarrantLiability
9176000 usd
CY2022Q4 asps Warrant Liability
WarrantLiability
0 usd
CY2023Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2023Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
61000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2700000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2600000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
4500000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y3M10D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
105000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.86
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.19
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
83000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1031000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
745277 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.03
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y9M29D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2288 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
29.76
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
742989 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.02
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y4M2D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
547501 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
25.25
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M26D
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
asps Number Categories Of Revenue
NumberCategoriesOfRevenue
3 category
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35235000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
74696000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
79937000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35235000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40421000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2800000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2900000 usd
CY2023Q2 asps Fees Paid For Provision Of Services
FeesPaidForProvisionOfServices
14057000 usd
CY2022Q2 asps Fees Paid For Provision Of Services
FeesPaidForProvisionOfServices
14351000 usd
asps Fees Paid For Provision Of Services
FeesPaidForProvisionOfServices
29151000 usd
asps Fees Paid For Provision Of Services
FeesPaidForProvisionOfServices
27254000 usd
CY2023Q2 us-gaap Cost Direct Labor
CostDirectLabor
9281000 usd
CY2022Q2 us-gaap Cost Direct Labor
CostDirectLabor
13825000 usd
us-gaap Cost Direct Labor
CostDirectLabor
18982000 usd
us-gaap Cost Direct Labor
CostDirectLabor
27346000 usd
CY2023Q2 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
3865000 usd
CY2022Q2 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
4956000 usd
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
7262000 usd
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
10188000 usd
CY2023Q2 asps Cost Reimbursable Expenses
CostReimbursableExpenses
2049000 usd
CY2022Q2 asps Cost Reimbursable Expenses
CostReimbursableExpenses
2609000 usd
asps Cost Reimbursable Expenses
CostReimbursableExpenses
4359000 usd
asps Cost Reimbursable Expenses
CostReimbursableExpenses
4201000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
451000 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
614000 usd
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
906000 usd
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
1235000 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
29703000 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
36355000 usd
us-gaap Cost Of Revenue
CostOfRevenue
60660000 usd
us-gaap Cost Of Revenue
CostOfRevenue
70224000 usd
CY2023Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5376000 usd
CY2022Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
6296000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
11406000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
11705000 usd
CY2023Q2 us-gaap Professional Fees
ProfessionalFees
2275000 usd
CY2022Q2 us-gaap Professional Fees
ProfessionalFees
3099000 usd
us-gaap Professional Fees
ProfessionalFees
3846000 usd
us-gaap Professional Fees
ProfessionalFees
5848000 usd
CY2023Q2 us-gaap Occupancy Net
OccupancyNet
1216000 usd
CY2022Q2 us-gaap Occupancy Net
OccupancyNet
1417000 usd
us-gaap Occupancy Net
OccupancyNet
2658000 usd
us-gaap Occupancy Net
OccupancyNet
3041000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1280000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1284000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2560000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2568000 usd
CY2023Q2 us-gaap Marketing Expense
MarketingExpense
559000 usd
CY2022Q2 us-gaap Marketing Expense
MarketingExpense
785000 usd
us-gaap Marketing Expense
MarketingExpense
941000 usd
us-gaap Marketing Expense
MarketingExpense
1672000 usd
CY2023Q2 asps Selling General And Administrative Expense Depreciation And Amortization
SellingGeneralAndAdministrativeExpenseDepreciationAndAmortization
204000 usd
CY2022Q2 asps Selling General And Administrative Expense Depreciation And Amortization
SellingGeneralAndAdministrativeExpenseDepreciationAndAmortization
274000 usd
asps Selling General And Administrative Expense Depreciation And Amortization
SellingGeneralAndAdministrativeExpenseDepreciationAndAmortization
448000 usd
asps Selling General And Administrative Expense Depreciation And Amortization
SellingGeneralAndAdministrativeExpenseDepreciationAndAmortization
611000 usd
CY2023Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1431000 usd
CY2022Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1370000 usd
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2576000 usd
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
3054000 usd
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12341000 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14525000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24435000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
28499000 usd
CY2023Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
315000 usd
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
61000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
749000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
106000 usd
CY2023Q2 asps Other Non Operating Income Expense Other
OtherNonOperatingIncomeExpenseOther
75000 usd
CY2022Q2 asps Other Non Operating Income Expense Other
OtherNonOperatingIncomeExpenseOther
132000 usd
asps Other Non Operating Income Expense Other
OtherNonOperatingIncomeExpenseOther
1201000 usd
asps Other Non Operating Income Expense Other
OtherNonOperatingIncomeExpenseOther
827000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
390000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
193000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1950000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
933000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2200000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
600000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1500000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18850000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-27685000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16083000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19648000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16020000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16083000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19648000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16020000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.90
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.96
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.62
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.73
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.90
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.73
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35235000 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
29703000 usd
CY2023Q2 us-gaap Gross Profit
GrossProfit
5532000 usd
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12341000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-6809000 usd
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11389000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3500000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1300000 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4100000 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1200000 shares
us-gaap Sublease Income
SubleaseIncome
100000 usd
us-gaap Sublease Income
SubleaseIncome
400000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
100000 usd
CY2022Q2 us-gaap Sublease Income
SubleaseIncome
100000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M29D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M6D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0591
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0566
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
591000 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
325000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1131000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1507000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
430000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
397000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
849000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
425000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1198000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1887000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1404000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
677000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5166000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
360000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
4806000 usd
CY2023Q2 asps Escrow Deposit And Trust Account
EscrowDepositAndTrustAccount
19200000 usd
CY2022Q4 asps Escrow Deposit And Trust Account
EscrowDepositAndTrustAccount
13200000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-18198000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40421000 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
36355000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
4066000 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14525000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-10459000 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3341000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13800000 usd
CY2023Q2 us-gaap Assets
Assets
164556000 usd
CY2022Q4 us-gaap Assets
Assets
195005000 usd

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