$CERS
Cerus Corp

2020 Q1 Form 10-K Financial Statement

#000156459020005756 Filed on February 21, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q4 2019 Q3
Revenue $24.64M $26.49M $22.85M
YoY Change 12.15% 30.88% 18.21%
Cost Of Revenue $8.320M $9.290M $7.580M
YoY Change -1.3% 10.07% -6.88%
Gross Profit $16.32M $17.20M $15.26M
YoY Change 20.62% 45.76% 36.37%
Gross Profit Margin 66.23% 64.93% 66.78%
Selling, General & Admin $15.91M $17.16M $16.14M
YoY Change -1.53% 15.71% 15.62%
% of Gross Profit 97.51% 99.77% 105.77%
Research & Development $15.81M $16.44M $16.08M
YoY Change 17.63% 32.37% 48.48%
% of Gross Profit 96.88% 95.58% 105.37%
Depreciation & Amortization $706.0K $620.0K -$130.0K
YoY Change 87.77% 82.35% -140.62%
% of Gross Profit 4.33% 3.6% -0.85%
Operating Expenses $31.72M $33.61M $32.22M
YoY Change 7.17% 23.29% 29.97%
Operating Profit -$15.40M -$16.41M -$16.96M
YoY Change -4.16% 6.14% 24.71%
Interest Expense -$1.160M -$740.0K -$1.290M
YoY Change -62.46% -35.65% 22.86%
% of Operating Profit
Other Income/Expense, Net $150.0K $300.0K $340.0K
YoY Change -64.29% -34.78% -33.33%
Pretax Income -$16.41M -$16.84M -$17.91M
YoY Change -12.39% 4.27% 26.66%
Income Tax $57.00K $80.00K $60.00K
% Of Pretax Income
Net Earnings -$16.47M -$16.92M -$17.97M
YoY Change -12.38% 4.43% 26.6%
Net Earnings / Revenue -66.83% -63.88% -78.63%
Basic Earnings Per Share -$0.12 -$0.13
Diluted Earnings Per Share -$104.6K -$0.12 -$0.13
COMMON SHARES
Basic Shares Outstanding 162.2M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q1 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $133.1M $85.72M $85.10M
YoY Change 32.57% -27.1% -28.48%
Cash & Equivalents $36.12M $34.99M $27.10M
Short-Term Investments $99.40M $50.73M $60.70M
Other Short-Term Assets $5.400M $6.000M $5.800M
YoY Change 8.0% -14.29% -21.62%
Inventory $21.68M $19.49M $20.91M
Prepaid Expenses
Receivables $18.20M $16.88M $14.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $178.3M $128.1M $126.3M
YoY Change 32.17% -12.79% -15.91%
LONG-TERM ASSETS
Property, Plant & Equipment $28.70M $14.90M $29.30M
YoY Change -9.46% 83.25% 845.16%
Goodwill $1.316M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.900M $4.524M $7.300M
YoY Change -10.39% 11.7% 8.96%
Total Long-Term Assets $37.10M $37.43M $38.10M
YoY Change -9.51% 126.04% 231.3%
TOTAL ASSETS
Total Short-Term Assets $178.3M $128.1M $126.3M
Total Long-Term Assets $37.10M $37.43M $38.10M
Total Assets $215.4M $165.5M $164.4M
YoY Change 22.46% 1.27% 1.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.20M $22.19M $20.00M
YoY Change -3.35% 19.31% 53.85%
Accrued Expenses $17.20M $20.95M $18.45M
YoY Change -14.01% 5.81% 1.93%
Deferred Revenue $570.0K
YoY Change 14.46%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.800M $5.000M $5.000M
YoY Change -36.71% -12.28%
Total Short-Term Liabilities $45.10M $50.34M $45.60M
YoY Change -5.24% -4.45% 5.56%
LONG-TERM LIABILITIES
Long-Term Debt $39.50M $39.40M $39.40M
YoY Change 0.25% 79.09% 63.49%
Other Long-Term Liabilities $18.40M $327.0K $18.70M
YoY Change 20809.09% -92.31% 648.0%
Total Long-Term Liabilities $57.90M $327.0K $58.10M
YoY Change 65695.45% -92.31% 118.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.10M $50.34M $45.60M
Total Long-Term Liabilities $57.90M $327.0K $58.10M
Total Liabilities $103.0M $108.5M $103.6M
YoY Change -3.22% 37.42% 48.21%
SHAREHOLDERS EQUITY
Retained Earnings -$850.1M
YoY Change 9.15%
Common Stock $907.0M
YoY Change 5.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $112.4M $57.05M $60.81M
YoY Change
Total Liabilities & Shareholders Equity $215.4M $165.5M $164.4M
YoY Change 22.44% 1.27% 1.67%

Cashflow Statement

Concept 2020 Q1 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income -$16.47M -$16.92M -$17.97M
YoY Change -12.38% 4.43% 26.6%
Depreciation, Depletion And Amortization $706.0K $620.0K -$130.0K
YoY Change 87.77% 82.35% -140.62%
Cash From Operating Activities -$19.80M -$8.560M -$22.22M
YoY Change -10.71% 20.56% 354.4%
INVESTING ACTIVITIES
Capital Expenditures $452.0K -$480.0K -$1.940M
YoY Change -86.37% -7.69% 312.77%
Acquisitions
YoY Change
Other Investing Activities -$49.73M $9.880M $11.97M
YoY Change -401.39% 27.48% 1085.15%
Cash From Investing Activities -$50.19M $9.410M $10.02M
YoY Change -480.62% 30.15% 1790.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $67.70M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 68.68M 9.490M 13.06M
YoY Change 652.04% 48.28% 5.41%
NET CHANGE
Cash From Operating Activities -19.80M -8.560M -22.22M
Cash From Investing Activities -50.19M 9.410M 10.02M
Cash From Financing Activities 68.68M 9.490M 13.06M
Net Change In Cash -1.303M 10.34M 860.0K
YoY Change -1030.71% 58.35% -89.29%
FREE CASH FLOW
Cash From Operating Activities -$19.80M -$8.560M -$22.22M
Capital Expenditures $452.0K -$480.0K -$1.940M
Free Cash Flow -$20.25M -$8.080M -$20.28M
YoY Change -20.55% 22.8% 358.82%

Facts In Submission

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-60585000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
38940000
CY2018 cers Issuance Of Common Stock From Exercise Of Stock Options Or Warrants And Vesting Of Restricted Stock Units And Employee Stock Purchase Plans Purchases Value
IssuanceOfCommonStockFromExerciseOfStockOptionsOrWarrantsAndVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlansPurchasesValue
7848000
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
26860000
CY2019 cers Issuance Of Common Stock From Exercise Of Stock Options Or Warrants And Vesting Of Restricted Stock Units And Employee Stock Purchase Plans Purchases Value
IssuanceOfCommonStockFromExerciseOfStockOptionsOrWarrantsAndVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlansPurchasesValue
3210000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13312000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
395000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-71244000
CY2019 us-gaap Profit Loss
ProfitLoss
-71244000
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19953000
CY2019Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
0
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
59592000
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
95166000
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2000
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
283000
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
94885000
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
9939000
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
9928000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
59478000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
59592000
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
95166000
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
94885000
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
0
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
75761000
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
253000
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
10975000
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
30000
CY2018Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
86736000
CY2018Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
283000
CY2019 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0
CY2018 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0
CY2017 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5834000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13930000
CY2018 us-gaap Profit Loss
ProfitLoss
-57564000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2403000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1445000
CY2019 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
43907000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
13312000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
10394000
CY2019 cers Non Cash Operating Lease Cost
NonCashOperatingLeaseCost
1580000
CY2019 cers Non Cash Interest Expense
NonCashInterestExpense
386000
CY2018 cers Non Cash Interest Expense
NonCashInterestExpense
1248000
CY2017 cers Non Cash Interest Expense
NonCashInterestExpense
551000
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-15000
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-5000
CY2017 cers Non Cash Tax Expense From Realized Gain On Available For Sale Securities
NonCashTaxExpenseFromRealizedGainOnAvailableForSaleSecurities
3825000
CY2017 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
3466000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8130000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3663000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5547000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6043000
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-806000
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2092000
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1787000
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2744000
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1107000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5017000
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5683000
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2487000
CY2019 cers Increase Decrease In Accrued Liabilities And Other Noncurrent Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherNoncurrentLiabilities
1295000
CY2018 cers Increase Decrease In Accrued Liabilities And Other Noncurrent Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherNoncurrentLiabilities
6046000
CY2017 cers Increase Decrease In Accrued Liabilities And Other Noncurrent Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherNoncurrentLiabilities
-626000
CY2019 cers Increase Decrease In Manufacturing And Development Payment Liability
IncreaseDecreaseInManufacturingAndDevelopmentPaymentLiability
-6288000
CY2018 cers Increase Decrease In Manufacturing And Development Payment Liability
IncreaseDecreaseInManufacturingAndDevelopmentPaymentLiability
-266000
CY2017 cers Increase Decrease In Manufacturing And Development Payment Liability
IncreaseDecreaseInManufacturingAndDevelopmentPaymentLiability
680000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
72000
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
38000
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
265000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-65838000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-31246000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-52235000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8935000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1144000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
353000
CY2018 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
80701000
CY2017 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
68792000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
81027000
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
37997000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
28185000
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2428000
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
85036000
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
30197000
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
5017000
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
39433000
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
30000000
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
31104000
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
133000
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
19625000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17657000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31587000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22744000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
3077000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
59478000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
2728000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
229000
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
254000
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
160000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2949000
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2222000
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements requires management to make estimates, assumptions and judgments that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosures of contingent assets and liabilities. On an ongoing basis, management evaluates its estimates, including those related to the nature and timing of satisfaction of performance obligations, the timing when the customer obtains control of products or services, the standalone selling price (“SSP”) of performance obligations, variable consideration, accounts receivable, inventory reserves, fair values of investments, stock-based compensation, intangible assets and goodwill, useful lives of intangible assets and property and equipment, income taxes, accrued liabilities, and incremental borrowing rate, among others. The Company bases its estimates on historical experience, future projections, and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may differ from those estimates under different assumptions or conditions.</p>
CY2019 us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
The Company invoices its customers based upon the terms in the contracts, which generally requires payment 30 to 60 days from the date of invoice.
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000
CY2019 cers Work In Process Inventory Life Period
WorkInProcessInventoryLifePeriod
P1Y
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
100000
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash equivalents, available-for-sale securities and accounts receivable.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pursuant to the Company’s investment policy, substantially all of the Company’s cash, cash equivalents and available-for-sale securities are maintained at major financial institutions of high credit standing. The Company monitors the financial credit worthiness of the issuers of its investments and limits the concentration in individual securities and types of investments that exist within its investment portfolio. Generally, all of the Company’s investments carry high credit quality ratings, which is in accordance with its investment policy. At December 31, 2019, the Company does not believe there is significant financial risk from non-performance by the issuers of the Company’s cash equivalents and short-term investments.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Concentrations of credit risk with respect to trade receivables exist. On a regular basis, including at the time of sale, the Company performs credit evaluations of its significant customers that it expects to sell to on credit terms. Generally, the Company does not require collateral from its customers to secure accounts receivable. To the extent that the Company determines specific invoices or customer accounts may be uncollectible, the Company establishes an allowance for doubtful accounts against the accounts receivable on its consolidated balance sheets and records a charge on its consolidated statements of operations as a component of selling, general and administrative expenses.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company had three customers and two customers that accounted for more than 10% of the Company’s outstanding trade receivables at December 31, 2019 and December 31, 2018, respectively. These customers cumulatively represented approximately 56% and 50% of the Company’s outstanding trade receivables at December 31, 2019 and December 31, 2018, respectively. To date, the Company has not experienced collection difficulties from these customers.</p>
CY2019Q4 cers Cumulative Outstanding Trade Receivables Number Of Major Customers
CumulativeOutstandingTradeReceivablesNumberOfMajorCustomers
3
CY2018Q4 cers Cumulative Outstanding Trade Receivables Number Of Major Customers
CumulativeOutstandingTradeReceivablesNumberOfMajorCustomers
2
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
300000
CY2019 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1900000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1700000
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2018 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-71244000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-57564000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139831000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131663000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108221000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139831000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131663000
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.51
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.44
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20834000
CY2019 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<p style="text-align:justify;margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Guarantee and Indemnification Arrangements</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recognizes the fair value for guarantee and indemnification arrangements issued or modified by the Company. In addition, the Company monitors the conditions that are subject to the guarantees and indemnifications in order to identify if a loss has occurred. If the Company determines it is probable that a loss has occurred, then any such estimable loss would be recognized under those guarantees and indemnifications. Some of the agreements that the Company is a party to contain provisions that indemnify the counter party from damages and costs resulting from claims that the Company’s technology infringes the intellectual property rights of a third-party or claims that the sale or use of the Company’s products have caused personal injury or other damage or loss. The Company has not received any such requests for indemnification under these provisions and has not been required to make material payments pursuant to these provisions.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company generally provides for a <span style="-sec-ix-hidden:F_000456">one-year</span> warranty on certain of its INTERCEPT blood-safety products covering defects in materials and workmanship. The Company accrues costs associated with warranty obligations when claims become known and are estimable. The Company has not experienced significant or systemic warranty claims nor is it aware of any existing current warranty claims. Accordingly, the Company had not accrued for any future warranty costs for its products at December 31, 2019 and December 31, 2018.</p>
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
0
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
43822000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
43907000
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
85227000
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
84957000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
15656000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
15685000
CY2019 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0
CY2018 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0
CY2017 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
59592000
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
94885000
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
5160000
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3075000
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
14330000
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
10464000
CY2019Q4 us-gaap Inventory Net
InventoryNet
19490000
CY2018Q4 us-gaap Inventory Net
InventoryNet
13539000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
22528000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
19639000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7630000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11509000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14898000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8130000
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2200000
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1100000
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2019 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2018 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2017 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
100000
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12703000
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
10765000
CY2019Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3489000
CY2018Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
4544000
CY2019Q4 cers Accrued Development Costs Current
AccruedDevelopmentCostsCurrent
1468000
CY2018Q4 cers Accrued Development Costs Current
AccruedDevelopmentCostsCurrent
1965000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3291000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2526000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
20951000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
19800000
CY2019 cers Minimum Term Of Non Cancelable Operating Leases
MinimumTermOfNonCancelableOperatingLeases
P1Y
CY2019 cers Expiration Of Non Cancelable Operating Leases Maximum Year
ExpirationOfNonCancelableOperatingLeasesMaximumYear
2030
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
3204000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13417000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y3M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.089
CY2019Q4 us-gaap Purchase Obligation Due In Next Twelve Months
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the Company had no leases that have not yet commenced.
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2019 cers Payment For Manufacturing Of Entity Products
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CY2018 us-gaap Current Foreign Tax Expense Benefit
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CY2017 us-gaap Current Foreign Tax Expense Benefit
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CY2018 us-gaap Current Federal Tax Expense Benefit
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CY2019 us-gaap Current State And Local Tax Expense Benefit
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713000
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CY2018 us-gaap Current State And Local Tax Expense Benefit
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CY2019 us-gaap Current Income Tax Expense Benefit
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CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019Q4 cers Deferred Tax Assets Operating Leases
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CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019 cers Deferred Income Tax Expense Benefit And Tax Benefit From Unrealized Gain On Available For Sale Securities Operating Activities
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6000
CY2018 cers Deferred Income Tax Expense Benefit And Tax Benefit From Unrealized Gain On Available For Sale Securities Operating Activities
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CY2017 cers Deferred Income Tax Expense Benefit And Tax Benefit From Unrealized Gain On Available For Sale Securities Operating Activities
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-12040000
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-19277000
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81923000
CY2017 cers Income Tax Reconciliation Change In Enacted Tax Rate Deemed Income Inclusion
IncomeTaxReconciliationChangeInEnactedTaxRateDeemedIncomeInclusion
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CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1857000
CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2017 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2019 cers Income Tax Reconciliation State Tax Credits Research
IncomeTaxReconciliationStateTaxCreditsResearch
821000
CY2018 cers Income Tax Reconciliation State Tax Credits Research
IncomeTaxReconciliationStateTaxCreditsResearch
655000
CY2017 cers Income Tax Reconciliation State Tax Credits Research
IncomeTaxReconciliationStateTaxCreditsResearch
628000
CY2019 cers Income Tax Reconciliation Expiration Of Federal Net Operating Losses
IncomeTaxReconciliationExpirationOfFederalNetOperatingLosses
5472000
CY2018 cers Income Tax Reconciliation Expiration Of Federal Net Operating Losses
IncomeTaxReconciliationExpirationOfFederalNetOperatingLosses
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CY2018 cers Income Tax Reconciliation Expiration Of State And Local Net Operating Losses
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CY2017 cers Income Tax Reconciliation Expiration Of State And Local Net Operating Losses
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CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
158000
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-361000
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1382000
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1111000
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1141000
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-803000
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
269000
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
405000
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-806000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
263000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
229000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3887000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
135536000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
125016000
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
28291000
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
26705000
CY2019Q4 cers Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
12832000
CY2018Q4 cers Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
15293000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
9843000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
8310000
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4547000
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4013000
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
195423000
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
179337000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
192304000
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
179245000
CY2019Q4 us-gaap Deferred Tax Assets Net
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3119000
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
92000
CY2019Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
3017000
CY2019Q4 cers Deferred Tax Liabilities Amortization Of Intangible Assets
DeferredTaxLiabilitiesAmortizationOfIntangibleAssets
143000
CY2018Q4 cers Deferred Tax Liabilities Amortization Of Intangible Assets
DeferredTaxLiabilitiesAmortizationOfIntangibleAssets
127000
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3160000
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
127000
CY2019 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
13100000
CY2018 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
9900000
CY2017 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
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CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
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CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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CY2018Q4 us-gaap Unrecognized Tax Benefits
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11063000
CY2017Q4 us-gaap Unrecognized Tax Benefits
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11062000
CY2019 cers Unrecognized Tax Benefits Decreases Resulting From Expired Carryforwards
UnrecognizedTaxBenefitsDecreasesResultingFromExpiredCarryforwards
729000
CY2018 cers Unrecognized Tax Benefits Decreases Resulting From Expired Carryforwards
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401000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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508000
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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402000
CY2019Q4 us-gaap Unrecognized Tax Benefits
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10842000
CY2018Q4 us-gaap Unrecognized Tax Benefits
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11063000
CY2019 us-gaap Number Of Operating Segments
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1
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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93774000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q4 us-gaap Noncurrent Assets
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15030000
CY2018Q4 us-gaap Noncurrent Assets
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8464000
CY2019Q1 cers Gross Profit On Product Revenue
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CY2019Q2 cers Gross Profit On Product Revenue
GrossProfitOnProductRevenue
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10436000
CY2019Q4 cers Gross Profit On Product Revenue
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11624000
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CY2019Q3 us-gaap Earnings Per Share Diluted
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CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2018Q1 cers Gross Profit On Product Revenue
GrossProfitOnProductRevenue
6234000
CY2018Q2 cers Gross Profit On Product Revenue
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CY2018Q3 cers Gross Profit On Product Revenue
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7257000
CY2018Q4 cers Gross Profit On Product Revenue
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8083000
CY2018Q1 us-gaap Net Income Loss
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CY2018Q3 us-gaap Net Income Loss
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CY2018Q4 us-gaap Net Income Loss
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CY2018Q1 us-gaap Earnings Per Share Basic
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CY2018Q2 us-gaap Earnings Per Share Basic
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CY2018Q3 us-gaap Earnings Per Share Basic
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CY2018Q4 us-gaap Earnings Per Share Basic
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CY2018Q1 us-gaap Earnings Per Share Diluted
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CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12

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