2021 Q3 Form 10-Q Financial Statement
#000110465921105544 Filed on August 16, 2021
Income Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
Revenue | $20.32M | $12.95M | $3.438M |
YoY Change | 276.7% | ||
Cost Of Revenue | $15.82M | $9.976M | |
YoY Change | |||
Gross Profit | $4.500M | $2.975M | |
YoY Change | |||
Gross Profit Margin | 22.15% | 22.97% | |
Selling, General & Admin | $13.60M | $790.0K | $329.0K |
YoY Change | 140.12% | ||
% of Gross Profit | 302.11% | 26.55% | |
Research & Development | $844.0K | $323.0K | $220.0K |
YoY Change | 46.82% | ||
% of Gross Profit | 18.76% | 10.86% | |
Depreciation & Amortization | $191.0K | $405.0K | |
YoY Change | |||
% of Gross Profit | 4.24% | 13.61% | |
Operating Expenses | $14.23M | $20.72M | $4.914M |
YoY Change | 8793.12% | 321.69% | |
Operating Profit | -$9.729M | -$7.771M | -$1.476M |
YoY Change | 426.49% | ||
Interest Expense | -$3.109M | -$14.77M | $110.0K |
YoY Change | -10463.33% | -13530.0% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$3.098M | -$16.52M | $151.0K |
YoY Change | -11037.09% | ||
Pretax Income | -$12.83M | -$24.29M | -$10.00K |
YoY Change | 9766.92% | 242760.0% | |
Income Tax | -$3.643M | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$9.184M | -$24.29M | -$1.325M |
YoY Change | 9084.0% | 1732.91% | |
Net Earnings / Revenue | -45.21% | -187.52% | -38.54% |
Basic Earnings Per Share | -$0.13 | -$0.47 | |
Diluted Earnings Per Share | -$132.5K | -$0.47 | -$291.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 69.43M | 51.57M shares | |
Diluted Shares Outstanding | 69.01M shares | 51.57M shares |
Balance Sheet
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $304.1M | $333.2M | $1.000M |
YoY Change | 2400.63% | 33216.6% | |
Cash & Equivalents | $6.952M | $30.00M | $13.05M |
Short-Term Investments | $297.2M | $303.2M | |
Other Short-Term Assets | $6.555M | $7.993M | $100.0K |
YoY Change | 6455.0% | 7893.0% | 0.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $3.765M | $1.712M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $314.4M | $342.7M | $1.100M |
YoY Change | 2086.85% | 31057.18% | 1000.0% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.958M | $1.725M | |
YoY Change | 11.31% | ||
Goodwill | $13.27M | ||
YoY Change | |||
Intangibles | $12.64M | $895.0K | |
YoY Change | 2272.23% | ||
Long-Term Investments | $200.0K | $200.0K | $277.2M |
YoY Change | -99.93% | -99.93% | |
Other Assets | $220.0K | $142.0K | |
YoY Change | 105.61% | ||
Total Long-Term Assets | $28.95M | $3.420M | $277.3M |
YoY Change | 767.72% | -98.77% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $314.4M | $342.7M | $1.100M |
Total Long-Term Assets | $28.95M | $3.420M | $277.3M |
Total Assets | $343.4M | $346.1M | $278.4M |
YoY Change | 1838.44% | 24.34% | 278300.0% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.446M | $4.958M | $100.0K |
YoY Change | 4346.0% | 4858.0% | |
Accrued Expenses | $431.0K | $333.0K | $0.00 |
YoY Change | |||
Deferred Revenue | $4.654M | $5.266M | |
YoY Change | 17.14% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $9.531M | $10.56M | $500.0K |
YoY Change | 50.24% | 2011.4% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $42.44M | $38.89M | $9.600M |
YoY Change | 342.07% | 305.15% | |
Total Long-Term Liabilities | $42.44M | $38.89M | $9.600M |
YoY Change | 342.07% | 305.15% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.531M | $10.56M | $500.0K |
Total Long-Term Liabilities | $42.44M | $38.89M | $9.600M |
Total Liabilities | $52.17M | $49.45M | $10.10M |
YoY Change | 686.21% | 389.61% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$77.19M | -$68.01M | |
YoY Change | 107.85% | ||
Common Stock | $7.000K | $7.000K | |
YoY Change | 133.33% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $291.2M | $296.7M | $11.56M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $343.4M | $346.1M | $278.4M |
YoY Change | 1838.44% | 24.34% | 278300.0% |
Cashflow Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$9.184M | -$24.29M | -$1.325M |
YoY Change | 9084.0% | 1732.91% | |
Depreciation, Depletion And Amortization | $191.0K | $405.0K | |
YoY Change | |||
Cash From Operating Activities | -$5.790M | -$9.465M | -$80.00K |
YoY Change | 4353.85% | 11731.25% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$67.00K | -$230.0K | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$17.38M | -$303.7M | |
YoY Change | |||
Cash From Investing Activities | -$17.44M | -$303.9M | |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 181.0K | 332.1M | |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -5.790M | -9.465M | -80.00K |
Cash From Investing Activities | -17.44M | -303.9M | |
Cash From Financing Activities | 181.0K | 332.1M | |
Net Change In Cash | -23.05M | 18.72M | -80.00K |
YoY Change | 17631.54% | -23496.25% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$5.790M | -$9.465M | -$80.00K |
Capital Expenditures | -$67.00K | -$230.0K | |
Free Cash Flow | -$5.723M | -$9.235M | |
YoY Change |
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StockIssuedDuringPeriodValueStockOptionsExercised
|
24000 | ||
expcu |
Stock Issued During Period Shares Withheld For Employee Tax Liabiltiy
StockIssuedDuringPeriodSharesWithheldForEmployeeTaxLiabiltiy
|
-52000 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
119634000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-30868000 | ||
expcu |
Eic Shares Recapitalized Net Of Issuance Costs Value Of Fair Value Of Warrant Liabilities
EicSharesRecapitalizedNetOfIssuanceCostsValueOfFairValueOfWarrantLiabilities
|
191183000 | ||
expcu |
Recapitalization Costs Attributable To Warrant Liabilities
RecapitalizationCostsAttributableToWarrantLiabilities
|
1742000 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
6120000 | ||
CY2021Q2 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.0500 | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11561000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-30868000 | ||
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11561000 | |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11080000 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
296698000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-9447000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
405000 | ||
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20735000 | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
398000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5697000 | ||
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
5000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-9447000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
268000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
14913000 | ||
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
119634000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
332078000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1170000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
18357000 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
203000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
620000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
248000 | ||
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
35000 | ||
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-20000 | ||
expcu |
Increase Decrease In Operating Lease Assets Liabilities
IncreaseDecreaseInOperatingLeaseAssetsLiabilities
|
14000 | ||
expcu |
Increase Decrease In Operating Lease Assets Liabilities
IncreaseDecreaseInOperatingLeaseAssetsLiabilities
|
19000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3782000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1591000 | ||
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-1293000 | ||
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-907000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9825000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9915000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
503000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
230000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
381000 | ||
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
303163000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-303896000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-381000 | ||
expcu |
Proceeds From Exercise Of Common Stock Options
ProceedsFromExerciseOfCommonStockOptions
|
24000 | ||
expcu |
Proceeds From Exercise Of Common Stock Options
ProceedsFromExerciseOfCommonStockOptions
|
5000 | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1165000 | ||
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1165000 | ||
expcu |
Proceeds From Recapitalization Of Eic Net Of Issuance Costs
ProceedsFromRecapitalizationOfEicNetOfIssuanceCosts
|
213585000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-9126000 | ||
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
12276000 | |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
22291000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30633000 | |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13165000 | |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30003000 | |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13049000 | |
CY2021Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
630000 | |
CY2020Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
116000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30633000 | |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13165000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
12000 | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
13000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
788000 | ||
expcu |
Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
|
90000 | ||
expcu |
Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
|
-348000 | ||
expcu |
Warrant Liability
WarrantLiability
|
-23886000 | ||
CY2021Q2 | expcu |
Working Capital
WorkingCapital
|
332160 | |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30003000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-30868000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-9447000 | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Reclassification</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">Certain amounts in prior periods related to the classification of disaggregated revenue have been reclassified to conform to current period presentation. These reclassifications had no effect on the previously reported net loss.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company bases its estimates on historical experience, current business factors, and various other assumptions that the Company believes are necessary to consider to form a basis for making judgments about the carrying values of assets and liabilities, the recorded amounts of revenue and expenses, and the disclosure of contingent assets and liabilities. The Company is subject to uncertainties such as the impact of future events, economic and political factors, and changes in the Company’s business environment; therefore, actual results could differ from these estimates. Accordingly, the accounting estimates used in the preparation of the Company’s financial statements will change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment evolves.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">Changes in estimates are made when circumstances warrant. Such changes in estimates and refinements in estimation methodologies are reflected in reported results of operations; if material, the effects of changes in estimates are disclosed in the notes to the financial statements. Significant estimates and assumptions by management include the allowance for doubtful accounts, the carrying value of long-lived assets, the carrying value of intangible assets, the fair value of warrant liabilities, revenue recognition, contingencies, the provision for income taxes and related deferred tax accounts and the fair value of stock options and other stock-based awards.</p> | ||
CY2020Q2 | expcu |
Number Of Vendors
NumberOfVendors
|
1 | |
CY2021Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Concentrations </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="white-space:pre-wrap;">Financial instruments which potentially subject the Company to concentrations of credit risk consists principally of cash amounts on deposit with financial institutions. At times, the Company’s cash in banks is in excess of the Federal Deposit Insurance corporation (“FDIC”) insurance limit. The Company has not experienced any loss as a result of these deposits.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Note 2 – Summary of Significant Accounting Policies (Continued)</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Concentrations (Continued)</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><i style="font-weight:normal;">Major Customers</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">For the three and nine months ended June 30, 2021 and 2020, there was no single customer that generated 10% or more of the Company’s revenue.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">Most of the Company’s customers remit payment in advance of the date of the flight. Accounts receivable consists principally of amounts due from the Company’s MediMobility organ transport customers, which are large hospitals that receive terms for payment, along with receivables from our credit card processors. Three of these customers accounted for 29%, 25%, and 16%, respectively, of accounts receivable as of June 30, 2021 and three customers accounted for 36%, 29% and 10%, respectively, of accounts receivable as of September 30, 2020. These concentrations make the Company vulnerable to a near-term severe impact should these relationships be terminated. To limit such risks, the Company performs ongoing credit evaluations of its customers’ financial condition.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><i style="font-weight:normal;">Major Vendors</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">Three vendors accounted for 16%, 12%, and 12<span style="white-space:pre-wrap;">% of the Company’s purchases from operating vendors for the three months ended June 30, 2021. For the three months ended June 30, 2020, one vendor accounted for 12% of the Company’s purchases from operating vendors.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">No vendor accounted for 10% or more of the Company’s purchases from operating vendors for the nine months ended June 30, 2021 and 2020.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">Three vendors accounted for 26%, 22%, and 11% of the Company’s outstanding accounts payable as of June 30, 2021. One vendor accounted for 26% of the Company’s outstanding accounts payable as of September 30, 2020.</p> | ||
expcu |
Number Of Customers
NumberOfCustomers
|
3 | ||
CY2020 | expcu |
Number Of Customers
NumberOfCustomers
|
3 | |
CY2021Q2 | expcu |
Number Of Vendors
NumberOfVendors
|
3 | |
expcu |
Number Of Vendors
NumberOfVendors
|
3 | ||
CY2020 | expcu |
Number Of Vendors
NumberOfVendors
|
1 | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
1093000 | ||
CY2021Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
5266000 | |
CY2021Q2 | expcu |
Annual Airport Pass Amount
AnnualAirportPassAmount
|
79500 | |
CY2021Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
3973000 | |
CY2021Q2 | expcu |
Per Seat For Purchase Of Annual Airport Pass Amount
PerSeatForPurchaseOfAnnualAirportPassAmount
|
9500 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
24559630 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8486974 | ||
CY2021Q2 | expcu |
Customer Credit Period
CustomerCreditPeriod
|
P1Y | |
expcu |
Number Of Key Lines Of Business
NumberOfKeyLinesOfBusiness
|
3 | ||
expcu |
Number Of Key Lines Of Business
NumberOfKeyLinesOfBusiness
|
3 | ||
expcu |
Price Charged For New York Area Airports And Manhattans
PriceChargedForNewYorkAreaAirportsAndManhattans
|
19500 | ||
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
12951000 | |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3438000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
30210000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
15115000 | ||
CY2021Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
383000 | |
CY2020Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
138000 | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
1019000 | ||
us-gaap |
Recapitalization Costs
RecapitalizationCosts
|
27263000 | ||
expcu |
Recapitalization Costs Attributable To Equity
RecapitalizationCostsAttributableToEquity
|
25521000 | ||
expcu |
Recapitalization Costs Attributable To Warrant Liabilities
RecapitalizationCostsAttributableToWarrantLiabilities
|
1742000 | ||
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1451000 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-556000 | |
CY2021Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
895000 | |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
948000 | |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-415000 | |
CY2020Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
533000 | |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
48000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
142000 | ||
CY2020Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
48000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
142000 | ||
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
329000 | ||
us-gaap |
Lease Cost
LeaseCost
|
377000 | ||
CY2021Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
458000 | |
CY2020Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
737000 | |
CY2021Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
333000 | |
CY2020Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
430000 | |
CY2021Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
95000 | |
CY2020Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
291000 | |
CY2021Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
66000 | |
CY2020Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
18000 | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
118000 | ||
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
48000 | ||
CY2021Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
116000 | |
CY2020Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
147000 | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
343000 | ||
CY2021Q2 | us-gaap |
Lease Cost
LeaseCost
|
182000 | |
CY2020Q2 | us-gaap |
Lease Cost
LeaseCost
|
165000 | |
us-gaap |
Lease Cost
LeaseCost
|
461000 | ||
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0500 | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0500 | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P13M | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P21M | |
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 Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0063 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y29D | ||
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
133000 | |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
270000 | |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
36000 | |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
439000 | |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
11000 | |
CY2021Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
428000 | |
CY2021Q2 | us-gaap |
Share Price
SharePrice
|
10.00 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
10.01 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
CY2021Q2 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
1100000 | |
CY2020Q2 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
184000 | |
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
2039000 | ||
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
1142000 | ||
CY2021Q2 | us-gaap |
Recorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
RecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear
|
0 | |
CY2021Q2 | us-gaap |
Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
|
4424000 | |
us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
13000000 | ||
CY2020Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
0 | |
expcu |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Warrants In Recapitalization
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityWarrantsInRecapitalization
|
23886000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
14913000 | ||
CY2021Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
38799000 |