2024 Q2 Form 10-Q Financial Statement

#000146241824000019 Filed on April 25, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $39.12M $39.47M
YoY Change 11.03% 0.02%
Cost Of Revenue $26.40M $27.17M
YoY Change -11.11% -12.25%
Gross Profit $12.72M $12.30M
YoY Change 129.88% 44.68%
Gross Profit Margin 32.51% 31.17%
Selling, General & Admin $10.63M $11.47M
YoY Change -2.05% -5.17%
% of Gross Profit 83.62% 93.21%
Research & Development $2.344M $2.886M
YoY Change -39.35% -15.04%
% of Gross Profit 18.43% 23.46%
Depreciation & Amortization $300.0K $1.566M
YoY Change -84.49% 123.71%
% of Gross Profit 2.36% 12.73%
Operating Expenses $12.98M $12.85M
YoY Change 5.16% -17.04%
Operating Profit $2.083M -$548.0K
YoY Change -130.59% -84.74%
Interest Expense $206.0K -$9.306M
YoY Change -102.15% -237.66%
% of Operating Profit 9.89%
Other Income/Expense, Net -$9.649M $1.419M
YoY Change 467.92% -118.31%
Pretax Income -$7.566M -$8.435M
YoY Change -58.42% -25.6%
Income Tax $700.0K $722.0K
% Of Pretax Income
Net Earnings -$8.272M -$9.198M
YoY Change -56.12% -28.51%
Net Earnings / Revenue -21.14% -23.3%
Basic Earnings Per Share -$0.29 -$0.33
Diluted Earnings Per Share -$0.29 -$0.33
COMMON SHARES
Basic Shares Outstanding 26.96M shares 26.57M shares
Diluted Shares Outstanding 28.55M shares 28.18M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $29.70M $29.60M
YoY Change -15.24% -31.35%
Cash & Equivalents $29.70M $29.60M
Short-Term Investments
Other Short-Term Assets $439.0K $8.185M
YoY Change -95.92% 211.93%
Inventory
Prepaid Expenses $2.743M $3.281M
Receivables $13.19M $13.63M
Other Receivables $689.0K $165.0K
Total Short-Term Assets $51.20M $51.57M
YoY Change -14.36% -26.77%
LONG-TERM ASSETS
Property, Plant & Equipment $1.124M $4.396M
YoY Change -85.08% 25.6%
Goodwill $55.96M $55.96M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $2.396M $2.395M
YoY Change 299.33% 299.17%
Other Assets $6.669M $9.265M
YoY Change -42.06% 30.42%
Total Long-Term Assets $95.36M $97.29M
YoY Change -8.99% -9.2%
TOTAL ASSETS
Total Short-Term Assets $51.20M $51.57M
Total Long-Term Assets $95.36M $97.29M
Total Assets $146.6M $148.9M
YoY Change -10.94% -16.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.28M $13.42M
YoY Change -3.95% -5.15%
Accrued Expenses $8.885M $15.05M
YoY Change -51.63% 27.9%
Deferred Revenue $3.634M $3.445M
YoY Change 18.18% 19.87%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $223.0M
YoY Change
Total Short-Term Liabilities $258.9M $34.08M
YoY Change 449.1% -25.89%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $219.3M
YoY Change -100.0% 2.52%
Other Long-Term Liabilities $18.78M $19.22M
YoY Change -0.48% -0.46%
Total Long-Term Liabilities $18.78M $238.5M
YoY Change -92.07% 2.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $258.9M $34.08M
Total Long-Term Liabilities $18.78M $238.5M
Total Liabilities $277.7M $282.2M
YoY Change -5.32% 1.08%
SHAREHOLDERS EQUITY
Retained Earnings -$234.4M -$218.5M
YoY Change -412.04% -327.05%
Common Stock $209.9M $209.1M
YoY Change 6.06% 6.3%
Preferred Stock
YoY Change
Treasury Stock (at cost) $123.9M
YoY Change -69.34%
Treasury Stock Shares
Shareholders Equity -$140.8M -$133.3M
YoY Change
Total Liabilities & Shareholders Equity $146.6M $148.9M
YoY Change -10.94% -16.17%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$8.272M -$9.198M
YoY Change -56.12% -28.51%
Depreciation, Depletion And Amortization $300.0K $1.566M
YoY Change -84.49% 123.71%
Cash From Operating Activities $180.0K -$2.237M
YoY Change -102.28% -26.85%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -74.00K -699.0K
YoY Change -63.55% -85.7%
NET CHANGE
Cash From Operating Activities 180.0K -2.237M
Cash From Investing Activities
Cash From Financing Activities -74.00K -699.0K
Net Change In Cash 106.0K -2.936M
YoY Change -101.31% -63.05%
FREE CASH FLOW
Cash From Operating Activities $180.0K -$2.237M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2936000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7945000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46328000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
5221000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-4663000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
258000 usd
CY2024Q1 asps Warrants Issued Credit Agreement
WarrantsIssuedCreditAgreement
0 usd
CY2023Q1 asps Warrants Issued Credit Agreement
WarrantsIssuedCreditAgreement
8096000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29599000 usd
CY2024Q1 us-gaap Restricted Cash
RestrictedCash
2881000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32480000 usd
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
11336000 usd
CY2024Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
17180000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
14805000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3555000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3123000 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
13625000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
11682000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3123000 usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
558000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
126000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3555000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4363000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
40000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
198000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4205000 usd
CY2024Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3281000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3722000 usd
CY2024Q1 us-gaap Escrow Deposit
EscrowDeposit
3170000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
3201000 usd
CY2024Q1 asps Prepaid Maintenance Current
PrepaidMaintenanceCurrent
1334000 usd
CY2023Q4 asps Prepaid Maintenance Current
PrepaidMaintenanceCurrent
1327000 usd
CY2024Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
165000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
325000 usd
CY2024Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
23000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
23000 usd
CY2024Q1 us-gaap Other Assets Current
OtherAssetsCurrent
377000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2738000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8350000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
47617000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
47649000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
46204000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
45940000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1413000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1709000 usd
CY2024Q1 us-gaap Depreciation
Depreciation
300000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
700000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1413000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1709000 usd
CY2024Q1 asps Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
7256000 usd
CY2023Q4 asps Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
7242000 usd
CY2024Q1 asps Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
4273000 usd
CY2023Q4 asps Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
3863000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2983000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3379000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
400000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
500000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
55960000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
55960000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
259016000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
259016000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
233738000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
232468000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
25278000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26548000 usd
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1300000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1300000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
5100000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5100000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4900000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4700000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4400000 usd
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2858000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2871000 usd
CY2024Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
395000 usd
CY2023Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
397000 usd
CY2024Q1 asps Surety Bond Collateral Current
SuretyBondCollateralCurrent
2000000 usd
CY2024Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
13000 usd
CY2023Q4 asps Surety Bond Collateral Current
SuretyBondCollateralCurrent
2000000 usd
CY2024Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1422000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1462000 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6675000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6730000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
13419000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
15275000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8934000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8637000 usd
CY2024Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4656000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5048000 usd
CY2024Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1456000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1128000 usd
CY2024Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
28465000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
30088000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1459000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1570000 usd
CY2024Q1 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
712000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
907000 usd
CY2024Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2171000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2477000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
9000 usd
CY2024Q1 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
65000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
45000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
19221000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
19510000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
219266000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
215615000 usd
CY2024Q1 asps Debt Issuance And Amendment Costs Net
DebtIssuanceAndAmendmentCostsNet
2700000 usd
CY2024Q1 asps Accumulated Amortization Debt Issuance And Amendment Costs
AccumulatedAmortizationDebtIssuanceAndAmendmentCosts
6700000 usd
CY2023Q4 asps Debt Issuance And Amendment Costs Net
DebtIssuanceAndAmendmentCostsNet
3300000 usd
CY2023Q4 asps Accumulated Amortization Debt Issuance And Amendment Costs
AccumulatedAmortizationDebtIssuanceAndAmendmentCosts
6100000 usd
CY2023Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1612705 shares
CY2024Q1 asps Class Of Warrant Or Right Exercised
ClassOfWarrantOrRightExercised
-92077 shares
CY2024Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1520628 shares
CY2024Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2024Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2024Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
17488000 usd
CY2023Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
17506000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1655000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1950000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29599000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32522000 usd
CY2024Q1 us-gaap Restricted Cash
RestrictedCash
2881000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
2894000 usd
CY2024Q1 us-gaap Business Combination Contingent Consideration Asset Current
BusinessCombinationContingentConsiderationAssetCurrent
3170000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Asset Current
BusinessCombinationContingentConsiderationAssetCurrent
3201000 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2200000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1400000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
2900000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y3M25D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
83000 usd
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
83000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
739189 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.04
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y9M29D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2500 shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
28.95
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
736689 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.04
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y7M6D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
549450 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
25.05
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y29D
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2024Q1 asps Number Categories Of Revenue
NumberCategoriesOfRevenue
3 category
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39469000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39461000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39469000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39461000 usd
CY2024Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1300000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1900000 usd
CY2024Q1 asps Fees Paid For Provision Of Services
FeesPaidForProvisionOfServices
14446000 usd
CY2023Q1 asps Fees Paid For Provision Of Services
FeesPaidForProvisionOfServices
15094000 usd
CY2024Q1 us-gaap Cost Direct Labor
CostDirectLabor
7113000 usd
CY2023Q1 us-gaap Cost Direct Labor
CostDirectLabor
9701000 usd
CY2024Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
2886000 usd
CY2023Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
3397000 usd
CY2024Q1 asps Cost Reimbursable Expenses
CostReimbursableExpenses
2537000 usd
CY2023Q1 asps Cost Reimbursable Expenses
CostReimbursableExpenses
2310000 usd
CY2024Q1 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
183000 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
455000 usd
CY2024Q1 us-gaap Cost Of Revenue
CostOfRevenue
27165000 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
30957000 usd
CY2024Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5842000 usd
CY2023Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
6030000 usd
CY2024Q1 us-gaap Professional Fees
ProfessionalFees
2531000 usd
CY2023Q1 us-gaap Professional Fees
ProfessionalFees
1571000 usd
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1270000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1280000 usd
CY2024Q1 us-gaap Occupancy Net
OccupancyNet
925000 usd
CY2023Q1 us-gaap Occupancy Net
OccupancyNet
1442000 usd
CY2024Q1 us-gaap Marketing Expense
MarketingExpense
508000 usd
CY2023Q1 us-gaap Marketing Expense
MarketingExpense
382000 usd
CY2024Q1 asps Selling General And Administrative Expense Depreciation And Amortization
SellingGeneralAndAdministrativeExpenseDepreciationAndAmortization
113000 usd
CY2023Q1 asps Selling General And Administrative Expense Depreciation And Amortization
SellingGeneralAndAdministrativeExpenseDepreciationAndAmortization
244000 usd
CY2024Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1663000 usd
CY2023Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1145000 usd
CY2024Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12852000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12094000 usd
CY2024Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
223000 usd
CY2023Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
434000 usd
CY2024Q1 asps Other Non Operating Income Expense Other
OtherNonOperatingIncomeExpenseOther
1419000 usd
CY2023Q1 asps Other Non Operating Income Expense Other
OtherNonOperatingIncomeExpenseOther
1126000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1642000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1560000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1500000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9198000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12947000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28181000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18442000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28181000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18442000 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.33
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.70
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.33
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.70
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2100000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2900000 shares
CY2024Q1 us-gaap Sublease Income
SubleaseIncome
200000 usd
CY2023Q1 us-gaap Sublease Income
SubleaseIncome
100000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y21D
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M10D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0639
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0584
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
483000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
540000 usd
CY2024Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
18000 usd
CY2023Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
419000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1786000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1385000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
638000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
0 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
0 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3809000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
695000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
3114000 usd
CY2024Q1 asps Escrow Deposit And Trust Account
EscrowDepositAndTrustAccount
24900000 usd
CY2023Q4 asps Escrow Deposit And Trust Account
EscrowDepositAndTrustAccount
21600000 usd
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39469000 usd
CY2024Q1 us-gaap Cost Of Revenue
CostOfRevenue
27165000 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
12304000 usd
CY2024Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12852000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-548000 usd
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7887000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8435000 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
30957000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
8504000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12094000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3590000 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7748000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-11338000 usd
CY2024Q1 us-gaap Assets
Assets
148868000 usd
CY2023Q4 us-gaap Assets
Assets
154858000 usd

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