2024 Q3 Form 10-Q Financial Statement

#000095017024092822 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $26.75M $30.74M
YoY Change -12.98% 53.98%
Cost Of Revenue $16.99M $19.76M
YoY Change -13.99% 40.47%
Gross Profit $9.758M $10.99M
YoY Change -11.17% 86.19%
Gross Profit Margin 36.48% 35.74%
Selling, General & Admin $8.209M $10.30M
YoY Change -20.3% 43.92%
% of Gross Profit 84.13% 93.76%
Research & Development $690.0K $1.801M
YoY Change -61.69%
% of Gross Profit 7.07% 16.4%
Depreciation & Amortization $738.0K $1.548M
YoY Change -52.33% 232.19%
% of Gross Profit 7.56% 14.09%
Operating Expenses $8.209M $10.30M
YoY Change -20.3% 43.92%
Operating Profit $816.0K -$1.119M
YoY Change -172.92% -111.7%
Interest Expense $107.0K $200.0K
YoY Change -46.5% -69.74%
% of Operating Profit 13.11%
Other Income/Expense, Net $2.000K $303.0K
YoY Change -99.34% -55.44%
Pretax Income $895.0K -$816.0K
YoY Change -209.68% -107.97%
Income Tax $500.0K $200.0K
% Of Pretax Income 55.87%
Net Earnings $438.0K -$1.027M
YoY Change -142.65% -110.05%
Net Earnings / Revenue 1.64% -3.34%
Basic Earnings Per Share $0.03 -$0.07
Diluted Earnings Per Share $0.03 -$0.07
COMMON SHARES
Basic Shares Outstanding 14.22M 14.21M 14.05M
Diluted Shares Outstanding 14.25M 14.06M

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.18M $14.31M
YoY Change -7.84% -70.0%
Cash & Equivalents $11.09M $13.18M $14.31M
Short-Term Investments
Other Short-Term Assets $4.302M $4.074M $5.600M
YoY Change -29.53% -27.25% 40.77%
Inventory $26.87M $28.75M $34.66M
Prepaid Expenses
Receivables $22.00M $24.29M $28.40M
Other Receivables $91.00K $0.00
Total Short-Term Assets $64.38M $70.39M $82.96M
YoY Change -20.71% -15.15% -17.43%
LONG-TERM ASSETS
Property, Plant & Equipment $11.65M $12.36M $9.146M
YoY Change 20.13% 35.16% 56.0%
Goodwill $21.26M $21.26M $29.02M
YoY Change -23.05% -26.74% 159.87%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $884.0K $1.191M $1.112M
YoY Change -17.69% 7.1% 33.33%
Total Long-Term Assets $54.58M $56.67M $63.40M
YoY Change -2.25% -10.62% 109.74%
TOTAL ASSETS
Total Short-Term Assets $64.38M $70.39M $82.96M
Total Long-Term Assets $54.58M $56.67M $63.40M
Total Assets $119.0M $127.1M $146.4M
YoY Change -13.19% -13.19% 11.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.356M $8.330M $7.466M
YoY Change -50.48% 11.57% -24.06%
Accrued Expenses $477.0K $1.348M $3.120M
YoY Change -69.25% -56.79% 158.71%
Deferred Revenue $8.965M $9.291M $7.807M
YoY Change 11.81% 19.01% 32.59%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.064M $2.244M
YoY Change 81.11% 2057.69%
Total Short-Term Liabilities $19.60M $27.40M $26.96M
YoY Change -34.05% 1.62% 14.86%
LONG-TERM LIABILITIES
Long-Term Debt $177.0K $8.987M
YoY Change -98.03% 3807.39%
Other Long-Term Liabilities $57.00K $53.00K $124.0K
YoY Change 21.28% -57.26% 100.0%
Total Long-Term Liabilities $57.00K $53.00K $124.0K
YoY Change 21.28% -57.26% 100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.60M $27.40M $26.96M
Total Long-Term Liabilities $57.00K $53.00K $124.0K
Total Liabilities $36.60M $45.34M $47.66M
YoY Change -24.79% -4.86% 32.07%
SHAREHOLDERS EQUITY
Retained Earnings -$45.53M -$45.00M -$25.03M
YoY Change 22.91% 79.76% -12.62%
Common Stock $143.0K $142.0K $141.0K
YoY Change 0.7% 0.71% 1.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $82.36M $81.72M $98.71M
YoY Change
Total Liabilities & Shareholders Equity $119.0M $127.1M $146.4M
YoY Change -13.19% -13.19% 11.98%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income $438.0K -$1.027M
YoY Change -142.65% -110.05%
Depreciation, Depletion And Amortization $738.0K $1.548M
YoY Change -52.33% 232.19%
Cash From Operating Activities $3.656M -$1.823M
YoY Change -300.55% -133.44%
INVESTING ACTIVITIES
Capital Expenditures $3.334M $946.0K
YoY Change 252.43% -573.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $566.0K
YoY Change -100.0% -97.16%
Cash From Investing Activities -$3.334M -$380.0K
YoY Change 777.37% -101.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -255.0K -329.0K
YoY Change -22.49% -92.91%
NET CHANGE
Cash From Operating Activities 3.656M -1.823M
Cash From Investing Activities -3.334M -380.0K
Cash From Financing Activities -255.0K -329.0K
Net Change In Cash 67.00K -2.532M
YoY Change -102.65% -112.34%
FREE CASH FLOW
Cash From Operating Activities $3.656M -$1.823M
Capital Expenditures $3.334M $946.0K
Free Cash Flow $322.0K -$2.769M
YoY Change -111.63% -149.0%

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-0.04
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14209000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14058000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14198000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14031000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14254000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14058000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14198000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14031000
CY2024Q2 us-gaap Profit Loss
ProfitLoss
438000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-1027000
us-gaap Profit Loss
ProfitLoss
-7950000
us-gaap Profit Loss
ProfitLoss
-567000
CY2024Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-99000
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-962000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
120000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-162000
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
339000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1989000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7830000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-729000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
98368000
CY2022Q4 us-gaap Profit Loss
ProfitLoss
-2744000
CY2022Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
416000
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
164000
CY2022Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
34000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
96238000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
3204000
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
384000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
174000
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
297000
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
100297000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-1027000
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-962000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
190000
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
209000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
98707000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
88365000
CY2023Q4 us-gaap Profit Loss
ProfitLoss
-9358000
CY2023Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
269000
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
317000
CY2023Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
28000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
79621000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
970000
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-50000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
350000
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
80891000
CY2024Q2 us-gaap Profit Loss
ProfitLoss
438000
CY2024Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-99000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
488000
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
81718000
us-gaap Profit Loss
ProfitLoss
-7950000
us-gaap Profit Loss
ProfitLoss
-567000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2310000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3435000
us-gaap Inventory Write Down
InventoryWriteDown
1367000
us-gaap Inventory Write Down
InventoryWriteDown
1233000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6370000
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
1279000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-13000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-3430000
us-gaap Share Based Compensation
ShareBasedCompensation
1155000
us-gaap Share Based Compensation
ShareBasedCompensation
528000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2197000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-21000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
109000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2204000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2391000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-4695000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4724000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4205000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1775000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1965000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1586000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
548000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1947000
asys Increase Decrease In Accrued And Other Liabilities
IncreaseDecreaseInAccruedAndOtherLiabilities
-4298000
asys Increase Decrease In Accrued And Other Liabilities
IncreaseDecreaseInAccruedAndOtherLiabilities
-2993000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1274000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1374000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8963000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7150000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5310000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1922000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2700000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
34938000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2610000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-36854000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
28000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
539000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6668000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
949000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
12000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6640000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11590000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
337000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-155000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
50000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-32569000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13133000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46874000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13183000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14305000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
189000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2559000
us-gaap Interest Paid Net
InterestPaidNet
498000
us-gaap Interest Paid Net
InterestPaidNet
283000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> – The preparation of consolidated financial statements in conformity with GAAP requires management 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 consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Reclassifications</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> – </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Certain reclassifications have been made to prior year financial statement footnotes to conform to the current year presentation. These reclassifications, which include the breakout of contract liability activity, had no effect on the previously reported consolidated financial statements for any period.</span></p>
CY2024Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
9015000
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
9661000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8018000
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7231000
asys Contract With Customer Liability Acquired Deposits
ContractWithCustomerLiabilityAcquiredDeposits
2077000
CY2024Q2 asys Contract With Customer Liability New Deposits
ContractWithCustomerLiabilityNewDeposits
1484000
CY2023Q2 asys Contract With Customer Liability New Deposits
ContractWithCustomerLiabilityNewDeposits
593000
asys Contract With Customer Liability New Deposits
ContractWithCustomerLiabilityNewDeposits
5031000
asys Contract With Customer Liability New Deposits
ContractWithCustomerLiabilityNewDeposits
2794000
CY2024Q2 asys Contract With Customer Liability Deferred Revenue
ContractWithCustomerLiabilityDeferredRevenue
-12000
CY2023Q2 asys Contract With Customer Liability Deferred Revenue
ContractWithCustomerLiabilityDeferredRevenue
-125000
asys Contract With Customer Liability Deferred Revenue
ContractWithCustomerLiabilityDeferredRevenue
-18000
asys Contract With Customer Liability Deferred Revenue
ContractWithCustomerLiabilityDeferredRevenue
-125000
asys Contract With Customer Liability Refunds Of Deposits
ContractWithCustomerLiabilityRefundsOfDeposits
-467000
CY2024Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1196000
CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2323000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3740000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3736000
CY2023Q2 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
1000
us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
33000
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
9291000
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7807000
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
9291000
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7807000
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
28100000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
51800000
us-gaap Standard Product Warranty Description
StandardProductWarrantyDescription
A limited warranty is provided free of charge, generally for periods of 12 to 36 months to all purchasers of our new products and systems.
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
965000
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
871000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
203000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
411000
asys Standard Product Warranty Accrual Increase For Payments
StandardProductWarrantyAccrualIncreaseForPayments
-19000
asys Standard Product Warranty Accrual Increase For Payments
StandardProductWarrantyAccrualIncreaseForPayments
35000
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-400000
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-284000
CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
749000
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1033000
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Concentrations of Credit Risk </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">– Our customers are primarily manufacturers of semiconductor substrates and devices and electronic assemblies. Financial instruments that potentially subject us to significant concentrations of credit risk consist principally of cash and trade accounts receivable. Credit risk is managed by performing credit evaluations of the customers’ financial condition, by requiring significant deposits where appropriate, and by actively monitoring collections. Letters of credit are required of certain customers depending on the size of the order, type of customer or its creditworthiness, and country of domicile.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">As of June 30, 2024, one Semiconductor segment customer represente</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">d </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">18</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">of accounts receivable. As of September 30, 2023, two Semiconductor segment customers each represented </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">17</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">of accounts receivable.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">We maintain our cash and cash equivalents in multiple financial institutions. Balances in the United States, which account for approximatel</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">y </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">70</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">and </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">56</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% of total cash balances as of June 30, 2024 and September 30, 2023</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, respectively, are primarily invested in financial institutions insured by the </span><span style="font-size:10pt;font-family:Times New Roman;"><span style="-sec-ix-hidden:F_715fb8e1-67c0-4300-8b53-06f3b79ae739;"><span style="-sec-ix-hidden:F_0bb0e903-de4f-4009-9177-e4e1ad7eaf10;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">FDIC</span></span></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> as well as a money market account. The remainder of our cash is maintained with financial institutions with reputable credit in China, the United Kingdom, Singapore, and Malaysia. We maintain cash in bank accounts in amounts which at times may exceed federally insured limits. At June 30, 2024 and September 30, 2023 Amtech’s balances exceeded insured limits by approximately</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> $</span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">7.9</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million and $</span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">6.0</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million, respectively. We have not experienced any losses on such accounts.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Refer to Note 12 </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">to Condensed Consolidated Financial Statements for information regarding major customers, foreign sales and revenue in other countries subject to fluctuation in foreign currency exchange rates.</span></p>
asys Percentage Of Cash And Cash Equivalents In United States
PercentageOfCashAndCashEquivalentsInUnitedStates
0.70
CY2023 asys Percentage Of Cash And Cash Equivalents In United States
PercentageOfCashAndCashEquivalentsInUnitedStates
0.56
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
260000
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
114000
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
4241000
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
10687000
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4064000
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2265000
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
177000
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8422000
CY2024Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
100000
CY2023Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
200000
us-gaap Interest Expense Debt
InterestExpenseDebt
500000
us-gaap Interest Expense Debt
InterestExpenseDebt
300000
us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
The Revolver has a floating per annum rate of interest equal to the Prime Rate, adjusted daily. Under the Loan Agreement, we are required to pay a non-utilization fee equal to 0.125% of any unused portion of the Revolver in excess of any letter of credit obligations.  The Term Loan and Revolver are secured by a first priority lien on substantially all of the Borrowers’ assets (other than certain customary excluded assets) and the Loan Agreement contains customary events of default, representations and warranties, and covenants that restrict the Borrowers’ ability to, among other things, incur additional indebtedness, other than permitted indebtedness, enter into mergers or acquisitions, sell or otherwise dispose of assets, or pay dividends, subject to customary exceptions. The Loan Agreement additionally contains financial covenants such that, as of the end of each of their fiscal quarters, beginning March 31, 2023, the Borrowers must maintain (i) a ratio of consolidated debt owed to Lender to consolidated EBITDA (as defined in the Loan Agreement) for such fiscal quarter, of not greater than 1.50 to 1.00, through December 31, 2024, based on a building four quarters (as described in the Loan Agreement), and then 1.00 to 1.00 each fiscal quarter thereafter, (ii) a ratio of (a) the total for such fiscal quarter of EBITDAR (as defined in the Loan Agreement) minus the sum of all income taxes paid in cash plus cash dividends/distributions plus maintenance Capital Expenditures (as defined in the Loan Agreement) plus management fees paid in cash, to (b) the sum for such fiscal quarter of (1) Interest Charges (as defined in the Loan Agreement) plus (2) required payments of principal on Debt (as defined in the Loan Agreement) (including the Term Loan, but excluding the Revolver) plus (3) operating lease/rent expense of not less than 1.30 to 1.00 based on a building four quarters (as described in the Loan Agreement), and (iii) a consolidated working capital of current assets (excluding related party receivables and prepaid expenses) minus current liabilities of at least $35.0 million
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
300000
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
100000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
438000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-1027000
us-gaap Net Income Loss
NetIncomeLoss
-7950000
us-gaap Net Income Loss
NetIncomeLoss
-567000
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14209000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14058000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14198000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14031000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14254000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14058000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14198000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14031000
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2024Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
20550000
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
22627000
CY2024Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
5806000
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
7774000
CY2024Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2397000
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4444000
CY2024Q2 us-gaap Inventory Net
InventoryNet
28753000
CY2023Q3 us-gaap Inventory Net
InventoryNet
34845000
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
17559000
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11217000
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
197000
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
123000
CY2024Q2 asys Lease Right Of Use Asset
LeaseRightOfUseAsset
17756000
CY2023Q3 asys Lease Right Of Use Asset
LeaseRightOfUseAsset
11340000
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1856000
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2623000
CY2024Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
83000
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
64000
CY2024Q2 asys Finance And Operating Lease Liability Current
FinanceAndOperatingLeaseLiabilityCurrent
1939000
CY2023Q3 asys Finance And Operating Lease Liability Current
FinanceAndOperatingLeaseLiabilityCurrent
2687000
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
16129000
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
8894000
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
177000
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
50000
CY2024Q2 asys Finance And Operating Lease Liability Noncurrent
FinanceAndOperatingLeaseLiabilityNoncurrent
16306000
CY2023Q3 asys Finance And Operating Lease Liability Noncurrent
FinanceAndOperatingLeaseLiabilityNoncurrent
8944000
CY2024Q2 asys Lease Liability
LeaseLiability
18245000
CY2023Q3 asys Lease Liability
LeaseLiability
11631000
CY2024Q2 us-gaap Lease Cost
LeaseCost
1033000
CY2023Q2 us-gaap Lease Cost
LeaseCost
944000
us-gaap Lease Cost
LeaseCost
2869000
us-gaap Lease Cost
LeaseCost
2534000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
554000
CY2024Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
25000
CY2024Q2 asys Operating And Finance Lease Liability Payments Remainder Of Fiscal Year
OperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
579000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3065000
CY2024Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
98000
CY2024Q2 asys Operating And Finance Lease Liability Payments Due Next Twelve Months
OperatingAndFinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3163000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2870000
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
98000
CY2024Q2 asys Operating And Finance Lease Liability Payments Due Year Two
OperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
2968000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2290000
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
60000
CY2024Q2 asys Operating And Finance Lease Liability Payments Due Year Three
OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
2350000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2330000
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
5000
CY2024Q2 asys Operating And Finance Lease Liability Payments Due Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
2335000
CY2024Q2 asys Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
12386000
CY2024Q2 asys Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
0
CY2024Q2 asys Operating And Finance Lease Liability Payments Due After Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFour
12386000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
23495000
CY2024Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
286000
CY2024Q2 asys Operating And Finance Lease Liability Payments Due
OperatingAndFinanceLeaseLiabilityPaymentsDue
23781000
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5510000
CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
26000
CY2024Q2 asys Operating And Finance Lease Liabilities Undiscounted Excess Amount
OperatingAndFinanceLeaseLiabilitiesUndiscountedExcessAmount
5536000
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
17985000
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
260000
CY2024Q2 asys Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
18245000
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
Operating lease payments include $2.3 million related to options to extend lease terms that are reasonably certain of being exercised.
us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
asys Lessee Payments In Optional Extension Periods
LesseePaymentsInOptionalExtensionPeriods
2300000
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y7M28D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M21D
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y11M4D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M14D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0601
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055
CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0618
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0491
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
16088000
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
16088000
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5442000
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4785000
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4178000
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6114000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
174000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
511000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
511000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
511000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
511000
CY2024Q2 asys Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
1960000
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4178000
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
200000
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000
CY2023Q3 us-gaap Goodwill Gross
GoodwillGross
27631000
CY2023Q3 us-gaap Goodwill
Goodwill
27631000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6370000
CY2024Q2 us-gaap Goodwill
Goodwill
21261000
CY2024Q2 us-gaap Goodwill Gross
GoodwillGross
27631000
CY2024Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
6370000
CY2024Q2 us-gaap Goodwill
Goodwill
21261000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.102
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.828
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2700000
CY2024Q2 us-gaap Share Based Compensation
ShareBasedCompensation
500000
CY2023Q2 us-gaap Share Based Compensation
ShareBasedCompensation
200000
us-gaap Share Based Compensation
ShareBasedCompensation
1200000
us-gaap Share Based Compensation
ShareBasedCompensation
500000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.04
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.04
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.60
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.56
CY2024Q2 us-gaap Purchase Obligation
PurchaseObligation
11300000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
26749000
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
30740000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
77102000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
85608000
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
816000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1119000
us-gaap Operating Income Loss
OperatingIncomeLoss
-6755000
us-gaap Operating Income Loss
OperatingIncomeLoss
-3280000
CY2024Q2 us-gaap Assets
Assets
127059000
CY2023Q3 us-gaap Assets
Assets
137021000
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
asys Rule10 B51 Arr Modified Flag
Rule10B51ArrModifiedFlag
false
asys Non Rule10 B51 Arr Modified Flag
NonRule10B51ArrModifiedFlag
false

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