2024 Q4 Form 10-Q Financial Statement
#000168316824008129 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
Revenue | $11.48M | $16.49M | |
YoY Change | -30.35% | 149.37% | |
Cost Of Revenue | $10.25M | $16.20M | |
YoY Change | -36.73% | 133.14% | |
Gross Profit | $1.231M | $283.0K | |
YoY Change | 334.98% | -183.48% | |
Gross Profit Margin | 10.72% | 1.72% | |
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $700.0K | $360.0K | |
YoY Change | 94.44% | 19.21% | |
% of Gross Profit | 56.86% | 127.21% | |
Operating Expenses | -$51.00K | $4.037M | |
YoY Change | -101.26% | -37.59% | |
Operating Profit | $1.282M | -$3.754M | |
YoY Change | -134.15% | -44.85% | |
Interest Expense | $48.00K | $4.000K | |
YoY Change | 1100.0% | ||
% of Operating Profit | 3.74% | ||
Other Income/Expense, Net | $15.00K | $125.0K | |
YoY Change | -88.0% | 594.44% | |
Pretax Income | $1.297M | -$3.629M | |
YoY Change | -135.74% | -46.55% | |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | 0.0% | ||
Net Earnings | $1.297M | -$3.629M | |
YoY Change | -135.74% | -46.55% | |
Net Earnings / Revenue | 11.3% | -22.01% | |
Basic Earnings Per Share | $0.09 | -$0.26 | |
Diluted Earnings Per Share | $0.09 | -$0.26 | |
COMMON SHARES | |||
Basic Shares Outstanding | 14.77M shares | 14.62M shares | 13.94M shares |
Diluted Shares Outstanding | 14.71M shares | 13.94K shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.874M | $14.76M | |
YoY Change | -66.98% | 215.38% | |
Cash & Equivalents | $4.874M | $14.76M | |
Short-Term Investments | |||
Other Short-Term Assets | $2.187M | $2.650M | |
YoY Change | -17.47% | 71.41% | |
Inventory | $12.71M | $13.53M | |
Prepaid Expenses | |||
Receivables | $11.34M | $14.89M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $31.12M | $45.84M | |
YoY Change | -32.11% | 86.96% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $14.91M | $1.912M | |
YoY Change | 679.76% | 20.03% | |
Goodwill | $11.03M | $4.600M | |
YoY Change | 139.72% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $106.0K | $60.00K | |
YoY Change | 76.67% | -3.23% | |
Total Long-Term Assets | $36.14M | $17.00M | |
YoY Change | 112.64% | -6.94% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $31.12M | $45.84M | |
Total Long-Term Assets | $36.14M | $17.00M | |
Total Assets | $67.26M | $62.83M | |
YoY Change | 7.05% | 46.87% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.349M | $7.206M | |
YoY Change | 15.86% | 88.1% | |
Accrued Expenses | $2.968M | $3.036M | |
YoY Change | -2.24% | 229.64% | |
Deferred Revenue | $787.0K | $498.0K | |
YoY Change | 58.03% | -64.3% | |
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $62.00K | $40.00K | |
YoY Change | 55.0% | ||
Total Short-Term Liabilities | $13.25M | $11.47M | |
YoY Change | 15.56% | -1.91% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $215.0K | $170.0K | |
YoY Change | 26.47% | ||
Other Long-Term Liabilities | $3.372M | $970.0K | |
YoY Change | 247.63% | -37.38% | |
Total Long-Term Liabilities | $3.372M | $1.140M | |
YoY Change | 195.79% | -26.4% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $13.25M | $11.47M | |
Total Long-Term Liabilities | $3.372M | $1.140M | |
Total Liabilities | $20.84M | $12.60M | |
YoY Change | 65.34% | -4.8% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$100.0M | -$88.29M | |
YoY Change | 13.28% | 27.06% | |
Common Stock | $15.00K | $14.00K | |
YoY Change | 7.14% | 40.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $46.42M | $50.23M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $67.26M | $62.83M | |
YoY Change | 7.05% | 46.87% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.297M | -$3.629M | |
YoY Change | -135.74% | -46.55% | |
Depreciation, Depletion And Amortization | $700.0K | $360.0K | |
YoY Change | 94.44% | 19.21% | |
Cash From Operating Activities | -$2.954M | -$8.710M | |
YoY Change | -66.08% | 4.95% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $191.0K | $280.0K | |
YoY Change | -31.79% | -150.09% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$514.0K | $0.00 | |
YoY Change | |||
Cash From Investing Activities | -$705.0K | -$280.0K | |
YoY Change | 151.79% | -49.91% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -178.0K | 70.00K | |
YoY Change | -354.29% | -132.41% | |
NET CHANGE | |||
Cash From Operating Activities | -2.954M | -8.710M | |
Cash From Investing Activities | -705.0K | -280.0K | |
Cash From Financing Activities | -178.0K | 70.00K | |
Net Change In Cash | -3.837M | -8.920M | |
YoY Change | -56.98% | -1.7% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.954M | -$8.710M | |
Capital Expenditures | $191.0K | $280.0K | |
Free Cash Flow | -$3.145M | -$8.990M | |
YoY Change | -65.02% | 16.15% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.46 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | |
dei |
Current Fiscal Year End Date
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--12-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
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Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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Q3 | ||
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Entity Central Index Key
EntityCentralIndexKey
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Document Type
DocumentType
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10-Q | ||
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Document Quarterly Report
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true | ||
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Document Period End Date
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2024-09-30 | ||
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Document Transition Report
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false | ||
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Entity File Number
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001-38868 | ||
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Entity Registrant Name
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Beam Global | ||
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Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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NV | ||
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Entity Tax Identification Number
EntityTaxIdentificationNumber
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26-1342810 | ||
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Entity Address Address Line1
EntityAddressAddressLine1
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5660 Eastgate Dr. | ||
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Entity Address City Or Town
EntityAddressCityOrTown
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San Diego | ||
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Entity Address State Or Province
EntityAddressStateOrProvince
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CA | ||
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Entity Address Postal Zip Code
EntityAddressPostalZipCode
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92121 | ||
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City Area Code
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858 | ||
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Local Phone Number
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799-4583 | ||
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Common stock, $0.001 par value | ||
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BEEM | ||
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NASDAQ | ||
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|
6000 | usd | |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
15000 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
125000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-99000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
159000 | usd | |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1297000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3629000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6656000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-10977000 | usd | |
CY2024Q3 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | usd |
CY2023Q3 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | usd |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
13000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1297000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3629000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-6656000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-10990000 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-673000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-0 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-249000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-0 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1970000 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3629000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6407000 | usd | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.79 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.46 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.79 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14702000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13936000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14558000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13939000 | shares | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14711000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13936000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14558000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13939000 | shares | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23207000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
76000 | usd |
CY2023Q1 | BEEM |
Stock Issued To Released From Escrow Account Unvested
StockIssuedToReleasedFromEscrowAccountUnvested
|
0 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1704000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
438000 | usd |
CY2023Q1 | BEEM |
Warrants Exercised For Cash Value
WarrantsExercisedForCashValue
|
100000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
158000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3831000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21852000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
148000 | usd |
CY2023Q2 | BEEM |
Stock Issued To Released From Escrow Account Unvested
StockIssuedToReleasedFromEscrowAccountUnvested
|
0 | usd |
CY2023Q2 | BEEM |
Stock Issued During Period Value Settlement Of Earnout Related To Acquisition
StockIssuedDuringPeriodValueSettlementOfEarnoutRelatedToAcquisition
|
7051000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
427000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
25424000 | usd |
CY2023Q2 | BEEM |
Warrants Exercised For Cash Value
WarrantsExercisedForCashValue
|
26000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
1956000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3530000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
53354000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
77000 | usd |
CY2023Q3 | BEEM |
Stock Issued To Released From Escrow Account Unvested
StockIssuedToReleasedFromEscrowAccountUnvested
|
0 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
424000 | usd |
CY2023Q3 | BEEM |
Warrants Exercised For Cash Value
WarrantsExercisedForCashValue
|
11000 | usd |
CY2023Q3 | BEEM |
Expenses To Maintain Committed Equity Facility
ExpensesToMaintainCommittedEquityFacility
|
-7000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3629000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
50230000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
49542000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
6000 | usd |
CY2024Q1 | BEEM |
Stock Issued To Released From Escrow Account Unvested
StockIssuedToReleasedFromEscrowAccountUnvested
|
0 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
468000 | usd |
CY2024Q1 | BEEM |
Warrants Exercised For Cash Value
WarrantsExercisedForCashValue
|
252000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-329000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3037000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
46902000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
6000 | usd |
CY2024Q2 | BEEM |
Stock Issued To Released From Escrow Account Unvested
StockIssuedToReleasedFromEscrowAccountUnvested
|
0 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
446000 | usd |
CY2024Q2 | BEEM |
Warrants Exercised For Cash Value
WarrantsExercisedForCashValue
|
558000 | usd |
CY2024Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-95000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
496000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4916000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
43397000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
350000 | usd |
CY2024Q3 | BEEM |
Stock Issued To Released From Escrow Account Unvested
StockIssuedToReleasedFromEscrowAccountUnvested
|
0 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
483000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1000 | usd |
CY2024Q3 | BEEM |
Stock Option Exercise And Restricted Stock Unit Vestings Cashless
StockOptionExerciseAndRestrictedStockUnitVestingsCashless
|
-164000 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
673000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
387000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1297000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
46424000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-6656000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-10990000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2815000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1054000 | usd | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
-124000 | usd | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
0 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
301000 | usd | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-4269000 | usd | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
260000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2001000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1289000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-65000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-0 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
616000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
0 | usd | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
75000 | usd | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | usd | |
BEEM |
Stock Compensation Expense For Nonemployees
StockCompensationExpenseForNonemployees
|
0 | usd | |
BEEM |
Stock Compensation Expense For Nonemployees
StockCompensationExpenseForNonemployees
|
264000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-4997000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
10463000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-39000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-479000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
352000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1149000 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
44000 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-0 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1691000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4341000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
219000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1390000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-605000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
0 | usd | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
23000 | usd | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
59000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
348000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-603000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-509000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3052000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13768000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
513000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
431000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
787000 | usd | |
BEEM |
Payment Of Deferred Consideration
PaymentOfDeferredConsideration
|
2714000 | usd | |
BEEM |
Payment Of Deferred Consideration
PaymentOfDeferredConsideration
|
-0 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
-0 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
94000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3658000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-881000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
496000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2107000 | usd | |
BEEM |
Taxes Paid Related To Net Share Settlement Of Equity Awards
TaxesPaidRelatedToNetShareSettlementOfEquityAwards
|
-164000 | usd | |
BEEM |
Taxes Paid Related To Net Share Settlement Of Equity Awards
TaxesPaidRelatedToNetShareSettlementOfEquityAwards
|
0 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
810000 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
137000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
76000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
209000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
-0 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
151000 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
25424000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1218000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
27726000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-27000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-5518000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
13077000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10393000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1681000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4874000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14758000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
28000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
6000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
13000 | usd | |
BEEM |
Fair Value Of Common Stock Issued As Consideration For Business Combination
FairValueOfCommonStockIssuedAsConsiderationForBusinessCombination
|
387000 | usd | |
BEEM |
Fair Value Of Common Stock Issued As Consideration For Business Combination
FairValueOfCommonStockIssuedAsConsiderationForBusinessCombination
|
7051000 | usd | |
BEEM |
Purchase Of Property And Equipment By Incurring Debt
PurchaseOfPropertyAndEquipmentByIncurringDebt
|
0 | usd | |
BEEM |
Purchase Of Property And Equipment By Incurring Debt
PurchaseOfPropertyAndEquipmentByIncurringDebt
|
209000 | usd | |
BEEM |
Purchase Of Property And Equipment By Incurring Current Liabilities
PurchaseOfPropertyAndEquipmentByIncurringCurrentLiabilities
|
431000 | usd | |
BEEM |
Purchase Of Property And Equipment By Incurring Current Liabilities
PurchaseOfPropertyAndEquipmentByIncurringCurrentLiabilities
|
0 | usd | |
BEEM |
Rightofuse Assets Obtained In Exchange For Lease Liabilities
RightofuseAssetsObtainedInExchangeForLeaseLiabilities
|
1421000 | usd | |
BEEM |
Rightofuse Assets Obtained In Exchange For Lease Liabilities
RightofuseAssetsObtainedInExchangeForLeaseLiabilities
|
0 | usd | |
BEEM |
Issuance Of Stock For Committed Equity Line
IssuanceOfStockForCommittedEquityLine
|
0 | usd | |
BEEM |
Issuance Of Stock For Committed Equity Line
IssuanceOfStockForCommittedEquityLine
|
140000 | usd | |
BEEM |
Warrants Issued For Services To Nonemployee
WarrantsIssuedForServicesToNonemployee
|
0 | usd | |
BEEM |
Warrants Issued For Services To Nonemployee
WarrantsIssuedForServicesToNonemployee
|
1609000 | usd | |
BEEM |
Shares Issued For Services To Nonemployee
SharesIssuedForServicesToNonemployee
|
0 | usd | |
BEEM |
Shares Issued For Services To Nonemployee
SharesIssuedForServicesToNonemployee
|
95000 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_848_eus-gaap--NatureOfOperations_zlSdE6Y75Zwk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><span id="xdx_866_zEATQEl1XUzd">Nature of Operations</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="background-color: white">References in this Report to “we,” “us,” “our,” the “Company” or “Beam” means Beam Global, a Nevada corporation, and its subsidiaries.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Beam is a sustainable technology innovation company based in San Diego, California; Broadview, Illinois; Belgrade and Kraljevo, Serbia. We develop, design, engineer, manufacture and sell high-quality, renewably energized infrastructure products for electric vehicle (“EV”) charging, energy security and disaster preparedness. We also manufacture highly energy-dense battery solutions in safe, compact and unique form-factors. Additionally, we manufacture street lighting, communications and energy infrastructure products. Beam’s products enable vital and highly valuable energy production in locations where it is either too expensive or too impactful to connect to the utility grid, or where the requirements for electrical power are so important that grid failures, like blackouts, are intolerable. Beam’s energy storage products provide high energy density in a safe, compact and bespoke form-factors, which we believe are ideal for the rapidly growing mobile and stationary equipment product market which often requires electrical energy without being connected to the electrical grid.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Beam’s products and proprietary technology solutions target the following markets:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px"><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">electric vehicle (EV) charging infrastructure; </span></td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td><span style="font-family: Symbol">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">energy storage solutions;</span></td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td><span style="font-family: Symbol">·</span></td> <td>energy security and disaster preparedness; </td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top"> <td> </td> <td><span style="font-family: Symbol">·</span></td> <td style="text-align: justify">mobile and stationary equipment;</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td><span style="font-family: Symbol">·</span></td> <td>transportation infrastructure products; and </td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top"> <td> </td> <td><span style="font-family: Symbol">·</span></td> <td>power electronics and telecommunications equipment</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84E_eus-gaap--UseOfEstimates_zsd2BsHuC7p1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_869_zefGrxadbidk">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates in the accompanying financial statements include the allowance for certain expected credit losses (CECL), valuation of inventory and standard cost allocations, depreciable lives of property and equipment, valuation of contingent consideration liability, valuation of intangible assets, estimates of loss contingencies, estimates of the valuation of lease liabilities and the related right of use assets, valuation of share-based costs, and the valuation allowance on deferred tax assets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_844_eus-gaap--ConcentrationRiskCreditRisk_zhXAOkDTmKF" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><span id="xdx_869_zGS3eq6PWER4">Concentrations</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="text-decoration: underline">Credit Risk</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Financial instruments that potentially subject us to concentrations of credit risk consist of cash and accounts receivable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company maintains its cash in banks and financial institutions that at times may exceed federally insured limits. The Company has not experienced any losses in such accounts from inception through September 30, 2024. As of September 30, 2024, approximately $<span id="xdx_902_eus-gaap--CashUninsuredAmount_iI_dm_c20240930_zzvCz7Su9K6e" title="Uninsured cash">4.1 million</span> of the Company’s cash deposits were greater than the federally insured limits.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration: underline">Major Customers</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company continually assesses the financial strength of its customers. We are not aware of any material credit risks associated with our customers. <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20240101__20240930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--FederalStateAndLocalGovernmentMember_z50vhOX9bs6c">52</span>% of our third quarter revenues were derived from pre-funded federal, state and local government programs, and the remaining <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20240101__20240930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--CommercialCustomersMember_z8RiDiEdrNK3">48</span>% were derived from commercial customers that we believe have good credit or, alternatively, favorable payment terms which minimizes our credit risk with respect to such customers. For the three months ended September 30, 2024, no single customer accounted for more than 10% of total revenues and for the nine months ended September 30, 2024, one customer accounted for <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20240101__20240930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--Customer1Member_z2GvkFrWAFak">18</span>% of total revenues, with no other single customer accounting for more than 10% of total revenues. At September 30, 2024, accounts receivable from two customers accounted for <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20240101__20240930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--Customer1Member_zr2safuVA2jf">19</span>% and <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20240101__20240930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--Customer2Member_zq9YIQetgTce">11</span>% of total accounts receivable with no other single customer accounting for more than 10% of the accounts receivable balance. At December 31, 2023, accounts receivable from four customers accounted for <span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20230101__20231231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--Customer1Member_z4M6djr4S0Db">11</span>%, <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20230101__20231231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--Customer2Member_z7wC3jmmgZvk">10</span>%, <span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20230101__20231231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--Customer3Member_zKEObq0IBptd">10</span>% and <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pip0_dp_c20230101__20231231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--Customer4Member_z2TQ45gfMuh3">10</span>% of total accounts receivable each with no other single customer accounting for more than 10% of the accounts receivable balance. For the three months ended September 30, 2023, the Company’s sales to federal, state and local governments represented <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_dp_c20230701__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--FederalStateAndLocalGovernmentMember_zBGygyKt9f9d">82</span>% of revenues.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A summary of the allowance for credit losses for the nine months ending September 30, 2024 and December 31, 2023:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <table cellpadding="0" cellspacing="0" id="xdx_887_eus-gaap--AccountsReceivableAllowanceForCreditLossTableTextBlock_pn3n3_z4hAW8hHfKib" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - NATURE OF OPERATIONS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details - Credit losses)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B1_zGxWeUyLfsPj"><b style="display: none">Summary of allowance for credit losses</b></span></td><td style="font-weight: bold"> </td> <td colspan="3" style="font-weight: bold; text-align: center">September 30,</td><td style="font-weight: bold"> </td> <td colspan="3" style="font-weight: bold; text-align: center">December 31,</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt">(Dollars in thousands)</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2023</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Allowance for credit losses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 66%; text-align: left">Beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_c20231231_zOjeATXEecu6" style="width: 13%; text-align: right" title="Allowance for credit losses, beginning balance">448</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_c20221231_zfLUbbF0C1Rd" style="width: 13%; text-align: right" title="Allowance for credit losses, beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl0841">–</span></td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Net provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ProvisionForOtherCreditLosses_c20240101__20240930__us-gaap--TransactionTypeAxis__custom--NetProvisionForCreditLossesMember_zf8gxoGKHhra" style="text-align: right" title="Provision for credit losses">(7</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ProvisionForOtherCreditLosses_c20230101__20231231__us-gaap--TransactionTypeAxis__custom--NetProvisionForCreditLossesMember_znPZ8LGq25nj" style="text-align: right" title="Provision for credit losses">448</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">(Charge-offs)/recoveries, net</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--ProvisionForOtherCreditLosses_c20240101__20240930__us-gaap--TransactionTypeAxis__custom--ChargeOffsRecoveriesMember_zoEbWoHzekg" style="border-bottom: Black 1pt solid; text-align: right" title="Provision for credit losses">(117</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--ProvisionForOtherCreditLosses_d0_c20230101__20231231__us-gaap--TransactionTypeAxis__custom--ChargeOffsRecoveriesMember_zxgx8hyEBYS2" style="border-bottom: Black 1pt solid; text-align: right" title="Provision for credit losses">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt">End of Period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_c20240930_zs2xK6Twi6o2" style="border-bottom: Black 2.5pt double; text-align: right" title="Allowance for credit losses, ending balance">324</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_c20231231_zaRYKgdwzo16" style="border-bottom: Black 2.5pt double; text-align: right" title="Allowance for credit losses, ending balance">448</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Allowance for credit losses as a % of total Accounts Receivable</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--AllowanceForCreditLossesPercentage_iI_pip0_dp_c20240930_zTK9U1rls4m8" style="text-align: right" title="Allowance for credit losses as a % of accounts receivable">2.9%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--AllowanceForCreditLossesPercentage_iI_pip0_dp_c20231231_zjpggbFLPy15" style="text-align: right" title="Allowance for credit losses as a % of accounts receivable">2.8%</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> | ||
CY2024Q3 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
4100000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
448000 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
324000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
448000 | usd |
CY2024Q3 | BEEM |
Allowance For Credit Losses Percentage
AllowanceForCreditLossesPercentage
|
0.029 | pure |
CY2023Q4 | BEEM |
Allowance For Credit Losses Percentage
AllowanceForCreditLossesPercentage
|
0.028 | pure |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1297000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3629000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-6656000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-10990000 | usd | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14702000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13936000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14558000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13939000 | shares | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14711000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13936000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14558000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13939000 | shares | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.46 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.79 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.46 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.79 | ||
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
400000 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
3000000 | usd | |
CY2024Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
4900000 | usd |
CY2024Q3 | BEEM |
Working Capital
WorkingCapital
|
17900000 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
11300000 | usd |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
41440000 | usd | |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
51969000 | usd | |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-6706000 | usd | |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-11426000 | usd | |
BEEM |
Business Acquisitions Pro Forma Net Revenue
BusinessAcquisitionsProFormaNetRevenue
|
34734000 | usd | |
BEEM |
Business Acquisitions Pro Forma Net Revenue
BusinessAcquisitionsProFormaNetRevenue
|
40543000 | usd | |
CY2024Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
4712000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1953000 | usd |
CY2024Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
2775000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
2006000 | usd |
CY2024Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
5227000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
7974000 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
12714000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
11933000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
18748000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
18226000 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3839000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1713000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14909000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
16513000 | usd |
CY2024Q3 | us-gaap |
Depreciation
Depreciation
|
700000 | usd |
us-gaap |
Depreciation
Depreciation
|
2100000 | usd | |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
100000 | usd |
us-gaap |
Depreciation
Depreciation
|
300000 | usd | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
11070000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2020000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9050000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
11024000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2753000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8271000 | usd |
CY2024Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
200000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
700000 | usd | |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
200000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
800000 | usd | |
CY2024Q3 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
291000 | usd |
CY2023Q4 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
246000 | usd |
CY2024Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1803000 | usd |
CY2023Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1086000 | usd |
CY2024Q3 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
373000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
50000 | usd |
CY2024Q3 | BEEM |
Accrued Warranty
AccruedWarranty
|
6000 | usd |
CY2023Q4 | BEEM |
Accrued Warranty
AccruedWarranty
|
27000 | usd |
CY2024Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
495000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1328000 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
2968000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
2737000 | usd |
CY2024Q3 | us-gaap |
Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
|
1716000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
|
1698000 | usd |
CY2024Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3372000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3787000 | usd |
CY2024Q3 | BEEM |
Total Long Term Liabilities
TotalLongTermLiabilities
|
5088000 | usd |
CY2023Q4 | BEEM |
Total Long Term Liabilities
TotalLongTermLiabilities
|
5485000 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Long Term Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt
|
3400000 | usd |
CY2024Q3 | us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
34000 | usd |
CY2023Q3 | us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
95000 | usd |
us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
213000 | usd | |
us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
285000 | usd | |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
11482000 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
16486000 | usd |
us-gaap |
Revenues
Revenues
|
40855000 | usd | |
us-gaap |
Revenues
Revenues
|
47325000 | usd | |
CY2024Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
1600000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
1200000 | usd |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |