2023 Q2 Form 10-Q Financial Statement

#000149315223015456 Filed on May 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $29.36M $30.00M $35.34M
YoY Change -21.13% -15.11% 18.71%
Cost Of Revenue $17.48M $18.11M $22.67M
YoY Change -19.77% -20.13% 25.54%
Gross Profit $11.89M $11.89M $12.67M
YoY Change -23.0% -6.14% 8.18%
Gross Profit Margin 40.49% 39.63% 35.85%
Selling, General & Admin $8.496M $7.732M $7.969M
YoY Change -3.67% -2.97% 6.11%
% of Gross Profit 71.46% 65.03% 62.91%
Research & Development $1.185M $1.078M $985.0K
YoY Change 7.92% 9.44% -51.48%
% of Gross Profit 9.97% 9.07% 7.78%
Depreciation & Amortization $3.450M $3.210M $3.080M
YoY Change 12.05% 4.22% 4.41%
% of Gross Profit 29.02% 27.0% 24.31%
Operating Expenses $30.65M $30.22M $11.89M
YoY Change -11.09% 154.11% -3.85%
Operating Profit -$1.289M -$223.0K $774.0K
YoY Change -146.8% -128.81% -217.27%
Interest Expense -$280.0K -$130.0K -$95.00K
YoY Change 169.23% 36.84% 58.33%
% of Operating Profit -12.27%
Other Income/Expense, Net -$186.0K $17.00K $83.00K
YoY Change -266.07% -79.52% -137.73%
Pretax Income -$1.750M -$336.0K $1.204M
YoY Change -163.36% -127.91% -161.12%
Income Tax $82.00K $65.00K $64.00K
% Of Pretax Income 5.32%
Net Earnings -$1.832M -$401.0K $1.140M
YoY Change -166.93% -135.18% -158.04%
Net Earnings / Revenue -6.24% -1.34% 3.23%
Basic Earnings Per Share -$0.37 -$0.28 -$0.19
Diluted Earnings Per Share -$0.37 -$0.28 $76.04K
COMMON SHARES
Basic Shares Outstanding 15.59M shares 15.51M shares 14.99M shares
Diluted Shares Outstanding 15.62M shares 15.42M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.700M $8.200M $9.136M
YoY Change -16.49% -10.25% -56.5%
Cash & Equivalents $7.666M $8.161M $10.14M
Short-Term Investments
Other Short-Term Assets $2.900M $3.400M $4.050M
YoY Change -33.1% -16.05% -42.96%
Inventory $402.0K $265.0K $417.0K
Prepaid Expenses
Receivables $12.02M $14.65M $23.14M
Other Receivables $0.00 $0.00 $16.00K
Total Short-Term Assets $27.82M $31.48M $36.76M
YoY Change -26.08% -14.36% -18.68%
LONG-TERM ASSETS
Property, Plant & Equipment $4.747M $4.520M $11.90M
YoY Change -2.12% -62.03% -4.01%
Goodwill
YoY Change
Intangibles $27.92M $28.54M
YoY Change -7.47%
Long-Term Investments
YoY Change
Other Assets $737.0K $838.0K $882.0K
YoY Change -8.67% -4.99% -32.15%
Total Long-Term Assets $99.02M $99.54M $104.5M
YoY Change -3.36% -4.7% 13.3%
TOTAL ASSETS
Total Short-Term Assets $27.82M $31.48M $36.76M
Total Long-Term Assets $99.02M $99.54M $104.5M
Total Assets $126.8M $131.0M $141.2M
YoY Change -9.47% -7.22% 2.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.179M $5.191M $5.833M
YoY Change 2.62% -11.01% 24.11%
Accrued Expenses $3.933M $3.728M $12.66M
YoY Change -12.23% -70.55% -23.28%
Deferred Revenue $1.242M $1.394M $1.140M
YoY Change -14.34% 22.28%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $100.0K $95.00K
YoY Change -100.0% 5.26% -52.5%
Total Short-Term Liabilities $19.61M $19.20M $28.10M
YoY Change -25.13% -31.66% 2.93%
LONG-TERM LIABILITIES
Long-Term Debt $10.00M $10.00M $6.018M
YoY Change 42.53% 66.17%
Other Long-Term Liabilities $3.100M $3.200M $4.319M
YoY Change -15.81% -25.91% -21.47%
Total Long-Term Liabilities $13.10M $13.20M $10.34M
YoY Change 22.45% 27.7% 87.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.61M $19.20M $28.10M
Total Long-Term Liabilities $13.10M $13.20M $10.34M
Total Liabilities $33.31M $32.94M $38.92M
YoY Change -10.85% -15.37% 14.81%
SHAREHOLDERS EQUITY
Retained Earnings -$28.04M -$26.21M
YoY Change 3.18%
Common Stock $16.00K $16.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $662.0K $662.0K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $93.52M $98.08M $102.3M
YoY Change
Total Liabilities & Shareholders Equity $126.8M $131.0M $141.2M
YoY Change -9.47% -7.22% 2.78%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$1.832M -$401.0K $1.140M
YoY Change -166.93% -135.18% -158.04%
Depreciation, Depletion And Amortization $3.450M $3.210M $3.080M
YoY Change 12.05% 4.22% 4.41%
Cash From Operating Activities $6.390M $1.023M $3.087M
YoY Change 26.81% -66.86% 221.56%
INVESTING ACTIVITIES
Capital Expenditures $3.040M $835.0K -$2.797M
YoY Change -207.42% -129.85% 25.99%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$3.040M -$3.039M -$2.797M
YoY Change 7.42% 8.65% 25.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.040M -$1.787M -342.0K
YoY Change 130.2% 422.51% -129.48%
NET CHANGE
Cash From Operating Activities 6.390M $1.023M 3.087M
Cash From Investing Activities -3.040M -$3.039M -2.797M
Cash From Financing Activities -4.040M -$1.787M -342.0K
Net Change In Cash -690.0K -$4.138M -52.00K
YoY Change -251.98% 7857.69% -48.0%
FREE CASH FLOW
Cash From Operating Activities $6.390M $1.023M $3.087M
Capital Expenditures $3.040M $835.0K -$2.797M
Free Cash Flow $3.350M $188.0K $5.884M
YoY Change -57.43% -96.8% 85.03%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001582982
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
usd
CY2023Q1 CCLD Issuance Of Stock Under Equity Incentive Plan
IssuanceOfStockUnderEquityIncentivePlan
usd
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
usd
CY2022Q1 CCLD Issuance Of Stock Under Equity Incentive Plan
IssuanceOfStockUnderEquityIncentivePlan
usd
CY2023Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
usd
CY2023Q1 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2023Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
usd
CY2023Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
usd
CY2022 CCLD Allowance For Doubtful Accounts Adoption
AllowanceForDoubtfulAccountsAdoption
usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
usd
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
001-36529
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
CareCloud, Inc.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
22-3832302
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
7 Clyde Road
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Somerset
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NJ
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
08873
CY2023Q1 dei City Area Code
CityAreaCode
(732)
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
873-5133
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
15592608 shares
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8161000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12299000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
14646000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
14773000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
5018000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4399000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
265000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
381000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3371000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2785000 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
31477000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
34653000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4520000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5056000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4465000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4921000 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
28535000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
29520000 usd
CY2023Q1 us-gaap Goodwill Gross
GoodwillGross
61186000 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
61186000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
838000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
838000 usd
CY2023Q1 us-gaap Assets
Assets
131021000 usd
CY2022Q4 us-gaap Assets
Assets
136174000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
5191000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5681000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2597000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4248000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3728000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4432000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2095000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2273000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1394000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1386000 usd
CY2023Q1 us-gaap Notes Payable Current
NotesPayableCurrent
84000 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
319000 usd
CY2023Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
4115000 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
4059000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
19204000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
22398000 usd
CY2023Q1 us-gaap Long Term Notes Payable
LongTermNotesPayable
12000 usd
CY2022Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
13000 usd
CY2023Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
10000000 usd
CY2022Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
8000000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2822000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3207000 usd
CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
350000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
342000 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
551000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
525000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
32939000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
34485000 usd
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
7000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
7000000 shares
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
6000 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
6000 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
35000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
35000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16333407 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
15970204 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
15592608 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
15229405 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
16000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
16000 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
129678000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
130987000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-26208000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-25621000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4748000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3037000 usd
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
740799 shares
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
740799 shares
CY2023Q1 us-gaap Treasury Stock Value
TreasuryStockValue
662000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
662000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
98082000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
101689000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
131021000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
136174000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
30001000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35341000 usd
CY2023Q1 CCLD Operating Costs
OperatingCosts
18107000 usd
CY2022Q1 CCLD Operating Costs
OperatingCosts
22673000 usd
CY2023Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2612000 usd
CY2022Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2384000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5120000 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5585000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1078000 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
985000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-600000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3038000 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2940000 usd
CY2023Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
269000 usd
CY2022Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
158000 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
30224000 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
34125000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-223000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1216000 usd
CY2023Q1 us-gaap Interest Income Other
InterestIncomeOther
20000 usd
CY2022Q1 us-gaap Interest Income Other
InterestIncomeOther
5000 usd
CY2023Q1 us-gaap Interest Expense Other
InterestExpenseOther
150000 usd
CY2022Q1 us-gaap Interest Expense Other
InterestExpenseOther
100000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
17000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
83000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-336000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1204000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-401000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
1140000 usd
CY2023Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3931000 usd
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4037000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4332000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2897000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15421096 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14992147 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-401000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
1140000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1711000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-255000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2112000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
885000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
101689000 usd
CY2023Q1 CCLD Stock Issued During Period Value Cumulative Effect Of Adoption
StockIssuedDuringPeriodValueCumulativeEffectOfAdoption
-186000 usd
CY2023Q1 CCLD Stockholders Equity After Adoption
StockholdersEquityAfterAdoption
101503000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-401000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1711000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1185000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
1437000 usd
CY2023Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3931000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
98082000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
97931000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
97931000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
1140000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
1140000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-255000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
887000 usd
CY2022Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
-20000000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
26638000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
11000 usd
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4037000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
102293000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
102293000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-401000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
1140000 usd
CY2023Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
3205000 usd
CY2022Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
3080000 usd
CY2023Q1 CCLD Amortization Of Lease
AmortizationOfLease
683000 usd
CY2022Q1 CCLD Amortization Of Lease
AmortizationOfLease
832000 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
16000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
104000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
97000 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
131000 usd
CY2023Q1 CCLD Provision Benefit For Deferred Income Taxes
ProvisionBenefitForDeferredIncomeTaxes
26000 usd
CY2022Q1 CCLD Provision Benefit For Deferred Income Taxes
ProvisionBenefitForDeferredIncomeTaxes
36000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
11000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
52000 usd
CY2023Q1 us-gaap Accretion Expense
AccretionExpense
166000 usd
CY2022Q1 us-gaap Accretion Expense
AccretionExpense
168000 usd
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
6000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1072000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
887000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-600000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
156000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1618000 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
619000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-80000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-116000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-86000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
615000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
97000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-2556000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-1084000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1023000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3087000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
835000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
544000 usd
CY2023Q1 us-gaap Payments For Software
PaymentsForSoftware
2204000 usd
CY2022Q1 us-gaap Payments For Software
PaymentsForSoftware
2253000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3039000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2797000 usd
CY2023Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3875000 usd
CY2022Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3943000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1113000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
775000 usd
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
236000 usd
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
251000 usd
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
11000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
1437000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
26638000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
20000000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
12700000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
8500000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
10700000 usd
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
10500000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1787000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-342000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-335000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-152000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4138000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-204000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
12299000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10340000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8161000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10136000 usd
CY2023Q1 CCLD Dividends Declared Not Paid
DividendsDeclaredNotPaid
4115000 usd
CY2022Q1 CCLD Dividends Declared Not Paid
DividendsDeclaredNotPaid
3950000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
75000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
40000 usd
CY2023Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<p id="xdx_801_eus-gaap--BasisOfAccounting_zuBEDjnQg8D9" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 23.75pt; text-transform: uppercase; text-align: justify; text-indent: -23.75pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2. <span id="xdx_822_ztLY0c7OvAia">BASIS OF PRESENTATION</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial reporting and as required by Regulation S-X, Rule 8-03. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of the Company’s management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of items of a normal and recurring nature) necessary to present fairly the Company’s financial position as of March 31, 2023, the results of operations for the three months ended March 31, 2023 and 2022 and cash flows for the three months ended March 31, 2023 and 2022. When preparing financial statements in conformity with GAAP, the Company must make estimates and assumptions that affect the reported amounts of assets and liabilities, 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 significantly from those estimates. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited consolidated financial statements and notes thereto should be read in conjunction with the audited consolidated financial statements for the year ended December 31, 2022, which are included in the Company’s Annual Report on Form 10-K, filed with the SEC on March 2, 2023.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p id="xdx_84D_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zD4XemcLz5Jl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86D_zxcvzJOj2Cr2">Recent Accounting Pronouncements</span></i></b> — From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (“FASB”) and are adopted by us as of the specified effective date. Unless otherwise discussed, we believe that the impact of recently adopted and recently issued accounting pronouncements will not have a material impact on our consolidated financial position, results of operations and cash flows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In June 2016, the FASB issued ASU 2016-13, <i>Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments. </i>The guidance in Accounting Standards Update (“ASU”) 2016-13 replaces the incurred loss impairment methodology under current GAAP. The new impairment model requires immediate recognition of estimated credit losses expected to occur for most financial assets and certain other instruments. It will apply to all entities. For trade receivables, loans and held-to-maturity debt securities, entities will be required to estimate lifetime expected credit losses. This may result in the earlier recognition of credit losses. In November 2019, the FASB issued ASU No. 2019-10, which delays this standard’s effective date for SEC smaller reporting companies to the fiscal years beginning on or after December 15, 2022. The Company adopted this guidance on January 1, 2023 using a modified retrospective adoption methodology, whereby the cumulative impact of all prior periods is recorded in accumulated deficit or other impacted balance sheet items upon adoption. The impact to the accumulated deficit as of January 1, 2023 for the allowance related to accounts receivable was a charge of approximately $<span id="xdx_90E_ecustom--AllowanceForDoubtfulAccountsAdoption_c20221230__20230102_zmBaHNFiV166" title="Allowance for accounts receivable">186,000</span> and a corresponding increase to the allowance for doubtful accounts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In 2020, the FASB issued ASU 2020-04 to simplify the accounting for contract modifications made to replace LIBOR or other reference rates that are expected to be discontinued because of reference rate reform. The guidance provides optional expedients and exceptions for applying U.S. GAAP to these contract modifications if certain criteria are met. The optional expedients and exceptions can be applied to contract modifications made until December 31, 2022. There was no impact on the consolidated financial statements as a result of this standard.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In August 2020, the FASB issued ASU 2020-06, <i>Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40).</i> This ASU simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. The Company adopted this guidance effective January 1, 2022. There was no impact on the consolidated financial statements as a result of this standard.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In October 2021, the FASB issued ASU 2021-08, <i>Business Combinations (Topic 805) – Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.</i> The amendments in this update require acquiring entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination. The amendments are effective for public business entities for fiscal years beginning after December 15, 2022. There was no impact on the consolidated financial statements as a result of this standard.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In March 2023, the FASB issued ASU 2023-01, <i>Leases (Topic 842): Common Control Arrangements – Issue 2.</i> The amendments in this update require that leasehold improvements associated with common control leases be: (1) amortized by the lessee over the useful life of the leasehold improvements to the common control group as long as the lessee controls the use of the underlying asset through a lease and (2) accounted for as a transfer between entities under common control through an adjustment to equity if, and when, the lessee no longer controls the use of the underlying asset. The amendments in this update are effective for fiscal years beginning after December 15, 2023. The Company does not expect this update to have a material impact on the consolidated financial statements.</span></p> <p id="xdx_855_zOQ09lgfvxz6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 CCLD Allowance For Doubtful Accounts Adoption
AllowanceForDoubtfulAccountsAdoption
186000 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
61186000 usd
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
61186000 usd
CY2023Q1 us-gaap Goodwill Gross
GoodwillGross
61186000 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
61186000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
80207000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
78795000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
51672000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
49275000 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
28535000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
29520000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2500000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2500000 usd
CY2023Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P3Y
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
10338000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
9498000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
6254000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1395000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
300000 usd
CY2023Q1 CCLD Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
750000 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
28535000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4332000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2897000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15421096 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14992147 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2023Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
10000000 usd
CY2022Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
8000000 usd
CY2023Q1 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
100000 usd
CY2023Q1 us-gaap Fair Value Concentration Of Risk Cash And Cash Equivalents
FairValueConcentrationOfRiskCashAndCashEquivalents
1400000 usd
CY2022Q4 us-gaap Fair Value Concentration Of Risk Cash And Cash Equivalents
FairValueConcentrationOfRiskCashAndCashEquivalents
1800000 usd
CY2023Q1 CCLD Lease Term Description
LeaseTermDescription
Leases with a term of less than 12 months are not recorded in the consolidated balance sheets.
CY2023Q1 CCLD Unoccupied Lease Charges
UnoccupiedLeaseCharges
153000 usd
CY2022Q1 CCLD Unoccupied Lease Charges
UnoccupiedLeaseCharges
263000 usd
CY2022Q1 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
105000 usd
CY2023Q1 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
71000 usd
CY2023Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
45000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
801000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
972000 usd
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
40000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
5000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
9000 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
806000 usd
CY2022Q1 us-gaap Lease Cost
LeaseCost
1021000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4465000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4921000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2095000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2273000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2822000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3207000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4917000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5480000 usd
CY2023Q1 CCLD Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
5207000 usd
CY2022Q4 CCLD Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
8293000 usd
CY2023Q1 CCLD Asset Lease Expense
AssetLeaseExpense
-683000 usd
CY2022Q4 CCLD Asset Lease Expense
AssetLeaseExpense
-3286000 usd
CY2023Q1 CCLD Foreign Exchange Gain Loss
ForeignExchangeGainLoss
-59000 usd
CY2022Q4 CCLD Foreign Exchange Gain Loss
ForeignExchangeGainLoss
-86000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4465000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4921000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y3M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.101 pure
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.079 pure
CY2023Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
907000 usd
CY2022Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1212000 usd
CY2023Q1 CCLD Right Of Use Asset Obtained In Exchange For Operating Leases Liability
RightOfUseAssetObtainedInExchangeForOperatingLeasesLiability
287000 usd
CY2022Q1 CCLD Right Of Use Asset Obtained In Exchange For Operating Leases Liability
RightOfUseAssetObtainedInExchangeForOperatingLeasesLiability
427000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2057000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1661000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
952000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
323000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
229000 usd
CY2023Q1 CCLD Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
1643000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6865000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1948000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4917000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2095000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2822000 usd
CY2023Q1 CCLD Security Deposits
SecurityDeposits
16000 usd
CY2022Q4 CCLD Security Deposits
SecurityDeposits
16000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
30001000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35341000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
30001000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35341000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
14773000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4399000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1386000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
342000 usd
CY2023Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-127000 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
619000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
8000 usd
CY2023Q1 CCLD Increase Decrease In Deferred Revenue Long Term
IncreaseDecreaseInDeferredRevenueLongTerm
8000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
14646000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
5018000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1394000 usd
CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
350000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17006000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4725000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1085000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
341000 usd
CY2022Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1487000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-80000 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
55000 usd
CY2022Q1 CCLD Increase Decrease In Deferred Revenue Long Term
IncreaseDecreaseInDeferredRevenueLongTerm
49000 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
18493000 usd
CY2022Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4645000 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1140000 usd
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
390000 usd
CY2023Q1 CCLD Deferred Commissions
DeferredCommissions
580000 usd
CY2022Q1 CCLD Deferred Commissions
DeferredCommissions
846000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
823000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
537000 usd
CY2023Q1 CCLD Allowance For Doubtful Accounts Adoption
AllowanceForDoubtfulAccountsAdoption
186000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
97000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
740000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
313000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
163000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
767000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
943000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
823000 usd
CY2023Q1 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
123000 usd
CY2023Q1 CCLD Number Of Cashsetttled Awards
NumberOfCashsetttledAwards
43597 shares
CY2023Q1 CCLD Liability For Cash Settled Amount
LiabilityForCashSettledAmount
246000 usd
CY2022Q4 CCLD Liability For Cash Settled Amount
LiabilityForCashSettledAmount
1000000.0 usd
CY2022Q1 CCLD Cash Settlement
CashSettlement
13000 usd
CY2023Q1 CCLD Cash Settlement
CashSettlement
0 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1072000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
887000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65000 usd
CY2023Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
39000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64000 usd
CY2022Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
28000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
36000 usd
CY2022Q4 CCLD Deferred Tax Offset Liabilities
DeferredTaxOffsetLiabilities
45000 usd
CY2022Q4 CCLD Deferred Payroll Taxes Current
DeferredPayrollTaxesCurrent
934000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
30001000 usd
CY2023Q1 CCLD Operating Costs
OperatingCosts
18107000 usd
CY2023Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2612000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5120000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1078000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3038000 usd
CY2023Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
269000 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
30224000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-223000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35341000 usd
CY2022Q1 CCLD Operating Costs
OperatingCosts
22673000 usd
CY2022Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2384000 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5585000 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
985000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-600000 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2940000 usd
CY2022Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
158000 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
34125000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1216000 usd

Files In Submission

Name View Source Status
ccld-20230331_lab.xml Edgar Link unprocessable
ccld-20230331_cal.xml Edgar Link unprocessable
ccld-20230331_def.xml Edgar Link unprocessable
0001493152-23-015456-index-headers.html Edgar Link pending
0001493152-23-015456-index.html Edgar Link pending
0001493152-23-015456.txt Edgar Link pending
0001493152-23-015456-xbrl.zip Edgar Link pending
ccld-20230331.xsd Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
form10-q_001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
ccld-20230331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending