2024 Q1 Form 10-K Financial Statement

#000162828024011246 Filed on March 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $37.09M $38.81M $176.7M
YoY Change -9.94% -9.35% -20.32%
Cost Of Revenue $24.28M $26.50M $113.4M
YoY Change -6.77% -6.74% -27.72%
Gross Profit $12.82M $12.31M $63.30M
YoY Change -15.4% -14.49% -2.41%
Gross Profit Margin 34.55% 31.72% 35.82%
Selling, General & Admin $15.25M $15.89M $61.25M
YoY Change 3.52% 8.64% 3.23%
% of Gross Profit 118.99% 129.03% 96.76%
Research & Development $1.171M $1.054M $3.155M
YoY Change 96.15% 70.83% 27.12%
% of Gross Profit 9.14% 8.56% 4.98%
Depreciation & Amortization $2.069M $1.966M $8.859M
YoY Change -8.57% -14.93% 1730.37%
% of Gross Profit 16.15% 15.97% 13.99%
Operating Expenses $16.42M $16.94M $89.60M
YoY Change 7.12% 11.15% 44.94%
Operating Profit -$3.605M -$4.628M -$26.30M
YoY Change 1902.78% 449.64% -962.58%
Interest Expense $2.607M -$2.401M $10.84M
YoY Change 6.54% 179.84% 9.24%
% of Operating Profit
Other Income/Expense, Net -$2.614M -$186.0K -$10.99M
YoY Change -2.93% 195.24% 62.98%
Pretax Income -$6.219M -$19.18M -$37.29M
YoY Change 116.46% 684.94% 909.47%
Income Tax $900.0K -$1.513M $1.866M
% Of Pretax Income
Net Earnings -$7.089M -$17.99M -$39.16M
YoY Change 142.44% 670.36% 946.11%
Net Earnings / Revenue -19.11% -46.35% -22.16%
Basic Earnings Per Share -$0.76 -$4.28
Diluted Earnings Per Share -$0.76 -$1.87 -$4.28
COMMON SHARES
Basic Shares Outstanding 9.728M shares 9.611M shares 9.455M shares
Diluted Shares Outstanding 9.714M shares 9.455M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.81M $17.25M $17.25M
YoY Change 4.77% 18.24% 18.24%
Cash & Equivalents $11.81M $17.25M
Short-Term Investments
Other Short-Term Assets $8.999M $9.471M $9.471M
YoY Change 21.89% 27.42% 27.42%
Inventory $39.16M $44.13M $44.13M
Prepaid Expenses
Receivables $26.52M $29.52M $29.52M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $86.49M $100.4M $100.4M
YoY Change -10.73% -9.77% -9.77%
LONG-TERM ASSETS
Property, Plant & Equipment $2.660M $2.477M $11.32M
YoY Change 63.59% 42.93% 86.14%
Goodwill $0.00
YoY Change -100.0%
Intangibles $43.82M $45.96M
YoY Change -14.47% -12.58%
Long-Term Investments
YoY Change
Other Assets $880.0K $906.0K $906.0K
YoY Change 39.68% 128.21% 128.21%
Total Long-Term Assets $55.90M $58.19M $58.19M
YoY Change -32.39% -30.85% -30.85%
TOTAL ASSETS
Total Short-Term Assets $86.49M $100.4M $100.4M
Total Long-Term Assets $55.90M $58.19M $58.19M
Total Assets $142.4M $158.6M $158.6M
YoY Change -20.7% -18.85% -18.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.75M $27.45M $32.90M
YoY Change 15.69% -10.65% -10.03%
Accrued Expenses $5.808M $5.106M $1.827M
YoY Change -10.49% -3.77% -3.74%
Deferred Revenue $8.876M $8.698M
YoY Change 5.62% 4.69%
Short-Term Debt $1.055M $1.037M $0.00
YoY Change 24.41% 22.72%
Long-Term Debt Due $1.055M $1.037M $1.037M
YoY Change 24.41% 22.72% 22.72%
Total Short-Term Liabilities $39.89M $46.23M $46.23M
YoY Change 13.16% -4.63% -4.63%
LONG-TERM LIABILITIES
Long-Term Debt $37.40M $39.13M $39.13M
YoY Change -14.14% -10.61% -10.61%
Other Long-Term Liabilities $23.18M $23.63M $23.63M
YoY Change 29.31% 30.84% 30.84%
Total Long-Term Liabilities $37.40M $39.13M $62.76M
YoY Change -14.14% -10.61% 1.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.89M $46.23M $46.23M
Total Long-Term Liabilities $37.40M $39.13M $62.76M
Total Liabilities $104.8M $113.3M $113.3M
YoY Change 3.46% -1.46% -1.46%
SHAREHOLDERS EQUITY
Retained Earnings -$111.4M -$104.3M
YoY Change 63.67% 60.32%
Common Stock $1.000K $1.000K
YoY Change -85.71% -85.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.083M $16.75M $45.26M
YoY Change
Total Liabilities & Shareholders Equity $142.4M $158.6M $158.6M
YoY Change -20.7% -18.85% -18.85%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$7.089M -$17.99M -$39.16M
YoY Change 142.44% 670.36% 946.11%
Depreciation, Depletion And Amortization $2.069M $1.966M $8.859M
YoY Change -8.57% -14.93% 1730.37%
Cash From Operating Activities -$1.942M $3.339M $11.58M
YoY Change 2.05% 383.91% 873.19%
INVESTING ACTIVITIES
Capital Expenditures $394.0K $1.095M $1.321M
YoY Change 386.42% 650.0% 9.54%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$394.0K -$1.095M -$1.321M
YoY Change 386.42% 650.0% 9.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $2.307M $6.755M
YoY Change 244.33% -39.37%
Cash From Financing Activities -$2.624M -5.024M -$8.011M
YoY Change 165.86% -47.48% 56.28%
NET CHANGE
Cash From Operating Activities -$1.942M 3.339M $11.58M
Cash From Investing Activities -$394.0K -1.095M -$1.321M
Cash From Financing Activities -$2.624M -5.024M -$8.011M
Net Change In Cash -$5.441M -2.780M $2.662M
YoY Change 64.03% -69.19% -179.53%
FREE CASH FLOW
Cash From Operating Activities -$1.942M $3.339M $11.58M
Capital Expenditures $394.0K $1.095M $1.321M
Free Cash Flow -$2.336M $2.244M $10.26M
YoY Change 17.74% 312.5% -64225.0%

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StockIssuedDuringPeriodValueAcquisitions
150000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2353000 usd
CY2022 boxl Issuance Of Warrants And Prefunded Warrants
IssuanceOfWarrantsAndPrefundedWarrants
2349000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3313000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-4642000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
1269000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3743000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
51893000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-39156000 usd
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2303000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2158000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
9000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
266000 usd
CY2023 boxl Gains Loss On Settlement Of Liabilities
GainsLossOnSettlementOfLiabilities
0 usd
CY2022 boxl Gains Loss On Settlement Of Liabilities
GainsLossOnSettlementOfLiabilities
856000 usd
CY2023 boxl Changes In Deferred Tax Assets And Liabilities
ChangesInDeferredTaxAssetsAndLiabilities
-347000 usd
CY2022 boxl Changes In Deferred Tax Assets And Liabilities
ChangesInDeferredTaxAssetsAndLiabilities
-3776000 usd
CY2023 boxl Change In Allowance For Sales Returns And Volume Rebate
ChangeInAllowanceForSalesReturnsAndVolumeRebate
1356000 usd
CY2022 boxl Change In Allowance For Sales Returns And Volume Rebate
ChangeInAllowanceForSalesReturnsAndVolumeRebate
316000 usd
CY2023 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
2131000 usd
CY2022 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-68000 usd
CY2023 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
267000 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2591000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
3131000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3313000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8859000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9129000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
25195000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 boxl Non Cash Lease Expense
NonCashLeaseExpense
249000 usd
CY2022 boxl Non Cash Lease Expense
NonCashLeaseExpense
8000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-781000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3800000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-13105000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
10272000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1874000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1602000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
498000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
161000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4822000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5756000 usd
CY2023 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
1136000 usd
CY2022 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
256000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
290000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3965000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
0 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-312000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11581000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1190000 usd
CY2023 boxl Payments To Acquire Assets Total
PaymentsToAcquireAssetsTotal
0 usd
CY2022 boxl Payments To Acquire Assets Total
PaymentsToAcquireAssetsTotal
100000 usd
CY2023 boxl Purchases Of Furniture And Fixtures Net
PurchasesOfFurnitureAndFixturesNet
-1321000 usd
CY2022 boxl Purchases Of Furniture And Fixtures Net
PurchasesOfFurnitureAndFixturesNet
-1106000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1321000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1206000 usd
CY2023 boxl Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
0 usd
CY2022 boxl Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
4700000 usd
CY2023 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
3000000 usd
CY2022 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 usd
CY2023 boxl Proceeds From Stock Options Exercised And Warrant Exercises
ProceedsFromStockOptionsExercisedAndWarrantExercises
13000 usd
CY2022 boxl Proceeds From Stock Options Exercised And Warrant Exercises
ProceedsFromStockOptionsExercisedAndWarrantExercises
0 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6755000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11141000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2500000 usd
CY2023 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
3000000 usd
CY2022 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
0 usd
CY2023 boxl Payment On Fixed Dividends Of Class B Preferred Stock
PaymentOnFixedDividendsOfClassBPreferredStock
1269000 usd
CY2022 boxl Payment On Fixed Dividends Of Class B Preferred Stock
PaymentOnFixedDividendsOfClassBPreferredStock
1269000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
84000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8011000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5126000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
413000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1795000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2662000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3347000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14591000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17938000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17253000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14591000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2691000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1615000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
8290000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
8342000 usd
CY2023 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
5865000 usd
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 usd
CY2023 boxl Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Of Shares Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueOfSharesIssued
0 usd
CY2022 boxl Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Of Shares Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueOfSharesIssued
150000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">ESTIMATES AND ASSUMPTIONS</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from those estimates. Significant estimates include estimates of reserves for inventory obsolescence; the recoverability of deferred tax assets; the fair value of warrants; the fair value and recoverability of intangible assets and goodwill; the fair value of stock compensation; the relative stand-alone selling prices of goods and services; and variable consideration.</span></div>
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2023Q2 boxl Adjustments To Additional Paid In Capital Reverse Stock Split
AdjustmentsToAdditionalPaidInCapitalReverseStockSplit
6000 usd
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2023 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2023Q2 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 reporting_unit
CY2023 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7900000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7500000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
25000000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
23900000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.34
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.28
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.21
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.12
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
176721000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
221781000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
550000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
550000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
550000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
550000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">RECLASSIFICATIONS</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company reclassified certain 2022 amounts in the footnotes to the consolidated financial statements to conform to the 2023 presentation.</span></div>
CY2023Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
33089000 usd
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
33198000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
421000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
414000 usd
CY2023Q4 boxl Allowance For Sales Returns
AllowanceForSalesReturns
3145000 usd
CY2022Q4 boxl Allowance For Sales Returns
AllowanceForSalesReturns
1775000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
29523000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
31009000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
78000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
243000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
45461000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
57967000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
1221000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
775000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2551000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
531000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
44131000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
58211000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
9471000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7433000 usd
CY2023Q4 boxl Vendor Receivables Reserves
VendorReceivablesReserves
1400000 usd
CY2022Q4 boxl Vendor Receivables Reserves
VendorReceivablesReserves
800000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
25092000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8300000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8600000 usd
CY2023 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-100000 usd
CY2022 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-3100000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3822000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2501000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1345000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
768000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2477000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1733000 usd
CY2023 us-gaap Depreciation
Depreciation
631000 usd
CY2022 us-gaap Depreciation
Depreciation
484000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
74842000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
75035000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28878000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22456000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
45964000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
52579000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
25092000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
26037000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
103000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-945000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
25195000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q4 us-gaap Goodwill
Goodwill
0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7570000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7398000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7045000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6630000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
6571000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
10750000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
45964000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
2600000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2100000 usd
CY2023 boxl Variable Lease Cost And Short Term Lease Cost
VariableLeaseCostAndShortTermLeaseCost
1700000 usd
CY2022 boxl Variable Lease Cost And Short Term Lease Cost
VariableLeaseCostAndShortTermLeaseCost
0 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
2200000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
2400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1949000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2070000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1640000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1089000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
831000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6700000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14279000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5170000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
9109000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y10M24D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.108
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.155
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
27448000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
30719000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5106000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5306000 usd
CY2023Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
345000 usd
CY2022Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
541000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
32899000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
36566000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
43278000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
50033000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3107000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
5410000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1037000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
845000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
39134000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2023Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
414000 usd
CY2023 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
9000 usd
CY2023 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
76000 usd
CY2023 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
78000 usd
CY2023Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
421000 usd

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