2021 Q4 Form 10-K Financial Statement

#000183537822000032 Filed on March 18, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $25.97M $90.29M $23.03M
YoY Change 12.75% 31.24%
Cost Of Revenue $5.367M $17.79M $3.820M
YoY Change 40.5% 43.83%
Gross Profit $20.60M $72.51M $19.21M
YoY Change 7.24% 28.47%
Gross Profit Margin 79.33% 80.3% 83.41%
Selling, General & Admin $19.62M $53.74M $8.790M
YoY Change 123.15% 45.11%
% of Gross Profit 95.22% 74.11% 45.76%
Research & Development $7.687M $24.62M $4.610M
YoY Change 66.75% 34.66%
% of Gross Profit 37.32% 33.95% 24.0%
Depreciation & Amortization $174.0K $661.0K $250.0K
YoY Change -30.4% -9.45%
% of Gross Profit 0.84% 0.91% 1.3%
Operating Expenses $27.30M $78.36M $13.40M
YoY Change 103.75% 41.65%
Operating Profit -$6.702M -$5.849M $5.810M
YoY Change -215.35% -621.3%
Interest Expense -$508.0K -$4.386M -$210.0K
YoY Change 141.9% 497.55%
% of Operating Profit -3.61%
Other Income/Expense, Net
YoY Change
Pretax Income -$7.210M -$10.24M $5.610M
YoY Change -228.52% -2737.89%
Income Tax $408.0K $1.237M $300.0K
% Of Pretax Income 5.35%
Net Earnings -$7.618M -$11.47M $1.880M
YoY Change -505.21% 1312.81%
Net Earnings / Revenue -29.34% -12.71% 8.16%
Basic Earnings Per Share -$3.31
Diluted Earnings Per Share -$63.89K -$3.31 $0.02
COMMON SHARES
Basic Shares Outstanding 26.75M shares
Diluted Shares Outstanding 26.75M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $156.7M $156.7M
YoY Change 901.57%
Cash & Equivalents $156.7M $156.7M $15.65M
Short-Term Investments
Other Short-Term Assets $503.0K $3.131M $197.0K
YoY Change 155.33% 166.7%
Inventory
Prepaid Expenses $2.333M $862.0K
Receivables $35.42M $35.42M $34.80M
Other Receivables $0.00 $0.00
Total Short-Term Assets $195.2M $195.2M $51.62M
YoY Change 278.22% 278.22%
LONG-TERM ASSETS
Property, Plant & Equipment $4.840M $4.840M $2.325M
YoY Change 108.17% 108.17%
Goodwill $4.555M $4.555M
YoY Change 0.0%
Intangibles $0.00 $33.00K
YoY Change -100.0%
Long-Term Investments $310.0K $310.0K
YoY Change -10.92%
Other Assets $116.0K $578.0K $127.0K
YoY Change -8.66% 0.7%
Total Long-Term Assets $10.28M $10.28M $7.835M
YoY Change 31.24% 31.24%
TOTAL ASSETS
Total Short-Term Assets $195.2M $195.2M $51.62M
Total Long-Term Assets $10.28M $10.28M $7.835M
Total Assets $205.5M $205.5M $59.46M
YoY Change 245.68% 245.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.026M $5.026M $1.854M
YoY Change 171.09% 171.09%
Accrued Expenses $3.082M $10.79M $1.155M
YoY Change 166.84% 42.23%
Deferred Revenue $101.0K $118.0K
YoY Change -14.41%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.000M $6.000M $1.527M
YoY Change 292.93% 292.93%
Total Short-Term Liabilities $21.85M $21.85M $11.04M
YoY Change 97.88% 97.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $7.506M
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $3.455M $22.43M $3.144M
YoY Change 9.89% 515.62%
Total Long-Term Liabilities $22.43M $22.43M $11.15M
YoY Change 101.16% 101.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.85M $21.85M $11.04M
Total Long-Term Liabilities $22.43M $22.43M $11.15M
Total Liabilities $44.28M $44.28M $22.19M
YoY Change 99.53% 99.53%
SHAREHOLDERS EQUITY
Retained Earnings -$132.5M -$48.11M
YoY Change 175.34%
Common Stock $12.00K $2.000K
YoY Change 500.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $1.629M
YoY Change -100.0%
Treasury Stock Shares 0.000 shares 1.914M shares
Shareholders Equity $161.3M $161.3M -$49.73M
YoY Change
Total Liabilities & Shareholders Equity $205.5M $205.5M $59.46M
YoY Change 245.68% 245.68%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$7.618M -$11.47M $1.880M
YoY Change -505.21% 1312.81%
Depreciation, Depletion And Amortization $174.0K $661.0K $250.0K
YoY Change -30.4% -9.45%
Cash From Operating Activities -$5.467M -$2.421M -$1.680M
YoY Change 225.42% -41.79%
INVESTING ACTIVITIES
Capital Expenditures -$1.716M $549.0K $230.0K
YoY Change -846.09% -46.7%
Acquisitions $0.00
YoY Change
Other Investing Activities -$27.00K -$544.0K $30.00K
YoY Change -190.0% -763.41%
Cash From Investing Activities -$1.743M -$3.687M -$200.0K
YoY Change 771.5% 288.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $3.033M
YoY Change -53.37%
Cash From Financing Activities 149.5M $147.2M -560.0K
YoY Change -26787.68% 1534.9%
NET CHANGE
Cash From Operating Activities -5.467M -$2.421M -1.680M
Cash From Investing Activities -1.743M -$3.687M -200.0K
Cash From Financing Activities 149.5M $147.2M -560.0K
Net Change In Cash 142.2M $141.1M -2.440M
YoY Change -5929.55% 3521.72%
FREE CASH FLOW
Cash From Operating Activities -$5.467M -$2.421M -$1.680M
Capital Expenditures -$1.716M $549.0K $230.0K
Free Cash Flow -$3.751M -$2.970M -$1.910M
YoY Change 96.39% -42.76%

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CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
86997000 USD
CY2020Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
77063000 USD
CY2021 us-gaap Preferred Stock Accretion Of Redemption Discount
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77063000 USD
CY2021 iacb Temporary Equity Conversion Of Redeemable Convertible Preferred Stock Into Common Stock Shares
TemporaryEquityConversionOfRedeemableConvertiblePreferredStockIntoCommonStockShares
73690340 shares
CY2021 iacb Temporary Equity Conversion Of Redeemable Convertible Preferred Stock Into Common Stock
TemporaryEquityConversionOfRedeemableConvertiblePreferredStockIntoCommonStock
-164060000 USD
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
164060000 USD
CY2021 iacb Reverse Recapitalization Value Net
ReverseRecapitalizationValueNet
126026000 USD
CY2021 iacb Stock Issued During Period Value Conversion Of Warrants
StockIssuedDuringPeriodValueConversionOfWarrants
5080000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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3273000 USD
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1081000 USD
CY2021 us-gaap Net Income Loss
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-11472000 USD
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
161255000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-11472000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-812000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-7334000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
661000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
730000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
431000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
3273000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
584000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
378000 USD
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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0 USD
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-127000 USD
CY2020 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
0 USD
CY2019 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
USD
CY2019 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
24000 USD
CY2021 iacb Founders Notes Forgiven
FoundersNotesForgiven
459000 USD
CY2020 iacb Transaction Costs Allocated To Warrants
TransactionCostsAllocatedToWarrants
0 USD
CY2019 iacb Transaction Costs Allocated To Warrants
TransactionCostsAllocatedToWarrants
0 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
762000 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
86000 USD
CY2020 iacb Founders Notes Forgiven
FoundersNotesForgiven
0 USD
CY2019 iacb Founders Notes Forgiven
FoundersNotesForgiven
0 USD
CY2021 iacb Transaction Costs Allocated To Warrants
TransactionCostsAllocatedToWarrants
2750000 USD
CY2021 iacb Noncash Interest Expense
NoncashInterestExpense
0 USD
CY2020 iacb Noncash Interest Expense
NoncashInterestExpense
22000 USD
CY2019 iacb Noncash Interest Expense
NoncashInterestExpense
0 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
618000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8372000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5174000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1823000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-78000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
546000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
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1500000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
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-545000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
721000 USD
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1236000 USD
CY2020 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1914000 USD
CY2019 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1579000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
851000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
2029000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
939000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4159000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Payments To Develop Software
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2594000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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549000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1030000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1657000 USD
CY2021 us-gaap Origination Of Notes Receivable From Related Parties
OriginationOfNotesReceivableFromRelatedParties
459000 USD
CY2020 us-gaap Origination Of Notes Receivable From Related Parties
OriginationOfNotesReceivableFromRelatedParties
0 USD
CY2019 us-gaap Origination Of Notes Receivable From Related Parties
OriginationOfNotesReceivableFromRelatedParties
0 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4232000 USD
CY2021 iacb Proceeds From Payments For Deposits Investing Activities
ProceedsFromPaymentsForDepositsInvestingActivities
-85000 USD
CY2020 iacb Proceeds From Payments For Deposits Investing Activities
ProceedsFromPaymentsForDepositsInvestingActivities
76000 USD
CY2019 iacb Proceeds From Payments For Deposits Investing Activities
ProceedsFromPaymentsForDepositsInvestingActivities
-333000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 iacb Proceeds From Reverse Recapitalization Net
ProceedsFromReverseRecapitalizationNet
149252000 USD
CY2020 iacb Proceeds From Reverse Recapitalization Net
ProceedsFromReverseRecapitalizationNet
0 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6222000 USD
CY2019 iacb Proceeds From Reverse Recapitalization Net
ProceedsFromReverseRecapitalizationNet
0 USD
CY2021 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2020 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
504000 USD
CY2019 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2021 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2020 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
29692000 USD
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
15516000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3033000 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6504000 USD
CY2019 iacb Repayment Of Acquisition Liability
RepaymentOfAcquisitionLiability
0 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1081000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6000000 USD
CY2021 iacb Repayment Of Acquisition Liability
RepaymentOfAcquisitionLiability
126000 USD
CY2020 iacb Repayment Of Acquisition Liability
RepaymentOfAcquisitionLiability
592000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
78000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
99000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
147174000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9002000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23791000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
141066000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3895000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8587000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16092000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12197000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3610000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12197000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
259000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
272000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
157158000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16092000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
535000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
421000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
208000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
328000 USD
CY2021 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
164060000 USD
CY2020 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
CY2019 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
CY2021 iacb Conversion Of Legacy Innovid Warrants
ConversionOfLegacyInnovidWarrants
5080000 USD
CY2020 iacb Conversion Of Legacy Innovid Warrants
ConversionOfLegacyInnovidWarrants
0 USD
CY2019 iacb Conversion Of Legacy Innovid Warrants
ConversionOfLegacyInnovidWarrants
0 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 USD
CY2020 iacb Noncash Preferred Stock Accretion Of Redemption Value
NoncashPreferredStockAccretionOfRedemptionValue
7297000 USD
CY2020 iacb Accrued Transaction Cost Not Yet Paid
AccruedTransactionCostNotYetPaid
0 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
718000 USD
CY2021 iacb Noncash Preferred Stock Accretion Of Redemption Value
NoncashPreferredStockAccretionOfRedemptionValue
77063000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
126000 USD
CY2019 iacb Noncash Preferred Stock Accretion Of Redemption Value
NoncashPreferredStockAccretionOfRedemptionValue
2007000 USD
CY2021 iacb Accrued Transaction Cost Not Yet Paid
AccruedTransactionCostNotYetPaid
3185000 USD
CY2019 iacb Accrued Transaction Cost Not Yet Paid
AccruedTransactionCostNotYetPaid
0 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
156696000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15645000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11641000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
462000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
447000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
416000 USD
CY2021Q4 iacb Restricted Cash In Prepaid Expenses And Other Current Assets
RestrictedCashInPrepaidExpensesAndOtherCurrentAssets
0 USD
CY2020Q4 iacb Restricted Cash In Prepaid Expenses And Other Current Assets
RestrictedCashInPrepaidExpensesAndOtherCurrentAssets
0 USD
CY2019Q4 iacb Restricted Cash In Prepaid Expenses And Other Current Assets
RestrictedCashInPrepaidExpensesAndOtherCurrentAssets
140000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
157158000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16092000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12197000 USD
CY2021Q4 iacb Temporary Equity Secondary Sale Amount
TemporaryEquitySecondarySaleAmount
68855000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
Use of estimates:The preparation of the consolidated financial statements in conformity with US GAAP requires management to make estimates, judgments and assumptions. The Company’s management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The COVID-19 pandemic has created, and may continue to create significant uncertainty in macroeconomic conditions, and the extent of its impact on the Company’s operational and financial performance will depend on certain developments, including the duration and spread of the outbreak and the impact on the Company’s customers. Based on public reporting and the Company’s observations, some advertisers in certain industries, such as the automotive industry, decreased and may continue to decrease their short-term advertising spending in light of supply chain disruptions and/or labor shortage they may be experiencing. This in turn could negatively impact the Company’s revenues from such advertisers.The Company has considered the impact of COVID-19 on its estimates and assumptions and determined that there were no material adverse impacts on the consolidated financial statements for the period ended December 31, 2021 and 2020. As events continue to evolve and additional information becomes available, the Company’s estimates and assumptions may change materially in future periods.
CY2019 us-gaap Severance Costs1
SeveranceCosts1
579000 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reportingUnit
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reportingUnit
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Severance Costs1
SeveranceCosts1
755000 USD
CY2020 us-gaap Severance Costs1
SeveranceCosts1
600000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentrations of credit risks:<div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, deposits and trade receivables, net.</span></div><div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The majority of the Company’s cash and cash equivalents are invested in deposits with major banks in America and Israel. Generally, these investments may be redeemed upon demand and, therefore, bear minimal risk.</span></div><div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s trade receivables, net are mainly derived from sales to customers located in the APAC, EMEA, and LATAM. The Company mitigates its credit risks by performing an ongoing credit evaluations of its customers’ financial conditions.</span></div>The Company has no off-balance-sheet concentration of credit risk such as foreign exchange contracts, option contracts or other foreign hedging arrangements.
CY2021 iacb Revenue From Contract With Customer Payment Term
RevenueFromContractWithCustomerPaymentTerm
P60D
CY2021 iacb Revenue Recognition Advertisement Serving Percentage
RevenueRecognitionAdvertisementServingPercentage
0.936
CY2020 iacb Revenue Recognition Advertisement Serving Percentage
RevenueRecognitionAdvertisementServingPercentage
0.965
CY2019 iacb Revenue Recognition Advertisement Serving Percentage
RevenueRecognitionAdvertisementServingPercentage
0.969
CY2021 iacb Revenue Recognition Creative Serving Percentage
RevenueRecognitionCreativeServingPercentage
0.048
CY2020 iacb Revenue Recognition Creative Serving Percentage
RevenueRecognitionCreativeServingPercentage
0.028
CY2019 iacb Revenue Recognition Creative Serving Percentage
RevenueRecognitionCreativeServingPercentage
0.025
CY2021Q4 us-gaap Preferred Stock Convertible Conversion Ratio
PreferredStockConvertibleConversionRatio
1.337
CY2021Q4 us-gaap Prepaid Expense Current
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2333000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
862000 USD
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
142000 USD
CY2020Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
30000 USD
CY2021Q4 iacb Government Contract Receivable Current
GovernmentContractReceivableCurrent
153000 USD
CY2020Q4 iacb Government Contract Receivable Current
GovernmentContractReceivableCurrent
85000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
503000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
197000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3131000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1174000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7198000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4055000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2358000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1730000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4840000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2325000 USD
CY2021 us-gaap Depreciation
Depreciation
628000 USD
CY2020 us-gaap Depreciation
Depreciation
531000 USD
CY2019 us-gaap Depreciation
Depreciation
332000 USD
CY2021 iacb Accrued Transaction Cost Not Yet Paid
AccruedTransactionCostNotYetPaid
3185000 USD
CY2021Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
34345000 USD
CY2021 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
6199000 USD
CY2021Q4 us-gaap Preferred Stock Convertible Conversion Ratio
PreferredStockConvertibleConversionRatio
1.337
CY2021 iacb Temporary Equity Secondary Sale Amount
TemporaryEquitySecondarySaleAmount
68855000 USD
CY2021 iacb Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
31160000 USD
CY2021 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
6199000 USD
CY2021 iacb Net Proceeds From The Transaction Before Secondary Sale Amount
NetProceedsFromTheTransactionBeforeSecondarySaleAmount
149252000 USD
CY2021 iacb Accrued Direct Transaction Cost
AccruedDirectTransactionCost
3185000 USD
CY2021 iacb Warrant Assumed As Part Of Transaction
WarrantAssumedAsPartOfTransaction
22791000 USD
CY2021 iacb Payments Of Reverse Recapitalization Transaction Costs Warrants
PaymentsOfReverseRecapitalizationTransactionCostsWarrants
2750000 USD
CY2021 iacb Reverse Recapitalization Net Of Transaction Costs Before Secondary Sale Amount
ReverseRecapitalizationNetOfTransactionCostsBeforeSecondarySaleAmount
126026000 USD
CY2021Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
4853000 USD
CY2021Q4 us-gaap Preferred Stock Convertible Conversion Ratio
PreferredStockConvertibleConversionRatio
1.337
CY2021Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1 shares
CY2021Q4 iacb Warrants And Rights Outstanding Exercisable Term From Closing Of Business Combination
WarrantsAndRightsOutstandingExercisableTermFromClosingOfBusinessCombination
P30D
CY2021Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2485000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
317000 USD
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
39000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
126000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
101000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
118000 USD
CY2021Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
420000 USD
CY2020Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
391000 USD
CY2021Q4 iacb Acquisition Liability Current
AcquisitionLiabilityCurrent
0 USD
CY2020Q4 iacb Acquisition Liability Current
AcquisitionLiabilityCurrent
126000 USD
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
73690340 shares
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
37000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
77000 USD
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3082000 USD
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1155000 USD
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996000 USD
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1445000 USD
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2459000 USD
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1699000 USD
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3455000 USD
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P2Y4M28D
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P18M
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1 shares
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0 shares
CY2021 iacb Threshold Period For Not To Transfer Assign Or Sell Any Shares Or Warrants After Completion Of Initial Business Combination
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P30D
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3819000 USD
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2072000 USD
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2215000 USD
CY2019 us-gaap Lease And Rental Expense
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2474000 USD
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231000 USD
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0 shares
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CY2021Q4 us-gaap Preferred Stock Shares Issued
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0 shares
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500000 shares
CY2020Q4 us-gaap Temporary Equity Shares Authorized
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74236884 shares
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73690340 shares
CY2020Q4 us-gaap Temporary Equity Shares Issued
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73690340 shares
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86997000 USD
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87131986 USD
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73690340 shares
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73690340 shares
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0 USD
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60000 USD
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500000 USD
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0 USD
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0 USD
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CY2020Q4 us-gaap Common Stock Shares Issued
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18189937 shares
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119017380 shares
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0.0165
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CY2020Q4 iacb Temporary Equity Options Outstanding Reserved For Future Issuance
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13204528 shares
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CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2021Q4 iacb Temporary Equity Options Available For Future Grant
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11510979 shares
CY2020Q4 iacb Temporary Equity Options Available For Future Grant
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14753090 shares
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1914328 shares
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0.001
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1629000 USD
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2.31
CY2020 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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0.53
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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4128000 USD
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0.65
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.79
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0.0191
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0.70
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0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0
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P6Y7D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P6Y1M9D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M9D
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0.0106
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
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0.0111
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0062
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0082
CY2021 iacb Share Based Compensation Arrangement By Share Based Payment Award Remaining Expiration Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardRemainingExpirationPeriod
P24M
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P1Y
CY2021 iacb Share Based Compensation Arrangement By Share Based Payment Award Founders Terminated Or Leave Period
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P12M
CY2021 iacb Share Based Compensation Arrangement By Share Based Payment Award Termination Of Employment Provision Award Vesting Rights Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardTerminationOfEmploymentProvisionAwardVestingRightsPercentage
0.50
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
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623000 USD
CY2021Q2 us-gaap Notes Receivable Related Parties
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CY2021Q2 iacb Share Based Compensation Arrangement By Share Based Payment Award Value Of Options Fully Vested For Notes Receivable Exercises
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740000 USD
CY2021 iacb Remainder Amount Of Other Purposes And Recognized Bonus Related Expense Upon Forgiveness
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459000 USD
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1241000 USD
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257000 USD
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
863000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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-853000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
388000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-6432000 USD
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
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CY2020 us-gaap Current Federal State And Local Tax Expense Benefit
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96000 USD
CY2019 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
25000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
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1245000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1104000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
877000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1200000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
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902000 USD
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1241000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-6689000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
863000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-11098000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-853000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
257000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-10235000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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388000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-6432000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2149000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
81000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1351000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-14000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-155000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-52000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-359000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
207000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-464000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
81000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
40000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
114000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-118000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
100000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
98000 USD
CY2021 iacb Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Amount
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308000 USD
CY2020 iacb Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Amount
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAmount
0 USD
CY2019 iacb Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Amount
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAmount
261000 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
19000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
17000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1237000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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1493000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
159000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1661000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
338000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
469000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
301000 USD
CY2021 iacb Effective Income Tax Rate Reconciliation Change In Uncertain Tax Positions Amount
EffectiveIncomeTaxRateReconciliationChangeInUncertainTaxPositionsAmount
881000 USD
CY2020 iacb Effective Income Tax Rate Reconciliation Change In Uncertain Tax Positions Amount
EffectiveIncomeTaxRateReconciliationChangeInUncertainTaxPositionsAmount
956000 USD
CY2019 iacb Effective Income Tax Rate Reconciliation Change In Uncertain Tax Positions Amount
EffectiveIncomeTaxRateReconciliationChangeInUncertainTaxPositionsAmount
880000 USD
CY2021 iacb Effective Income Tax Rate Reconciliation Foreign Currency Adjustment Amount
EffectiveIncomeTaxRateReconciliationForeignCurrencyAdjustmentAmount
-22000 USD
CY2020 iacb Effective Income Tax Rate Reconciliation Foreign Currency Adjustment Amount
EffectiveIncomeTaxRateReconciliationForeignCurrencyAdjustmentAmount
187000 USD
CY2019 iacb Effective Income Tax Rate Reconciliation Foreign Currency Adjustment Amount
EffectiveIncomeTaxRateReconciliationForeignCurrencyAdjustmentAmount
22000 USD
CY2021 iacb Effective Income Tax Rate Reconciliation Withholding Tax Amount
EffectiveIncomeTaxRateReconciliationWithholdingTaxAmount
266000 USD
CY2020 iacb Effective Income Tax Rate Reconciliation Withholding Tax Amount
EffectiveIncomeTaxRateReconciliationWithholdingTaxAmount
113000 USD
CY2019 iacb Effective Income Tax Rate Reconciliation Withholding Tax Amount
EffectiveIncomeTaxRateReconciliationWithholdingTaxAmount
73000 USD
CY2021 iacb Effective Income Tax Rate Reconciliation Nondeductible Expense Deduction Limitation To Compensation Amount
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538000 USD
CY2020 iacb Effective Income Tax Rate Reconciliation Nondeductible Expense Deduction Limitation To Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDeductionLimitationToCompensationAmount
0 USD
CY2019 iacb Effective Income Tax Rate Reconciliation Nondeductible Expense Deduction Limitation To Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDeductionLimitationToCompensationAmount
0 USD
CY2021 iacb Effective Income Tax Rate Reconciliation Warrants
EffectiveIncomeTaxRateReconciliationWarrants
160000 USD
CY2020 iacb Effective Income Tax Rate Reconciliation Warrants
EffectiveIncomeTaxRateReconciliationWarrants
-5000 USD
CY2021 iacb Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
578000 USD
CY2020 iacb Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
0 USD
CY2019 iacb Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
0 USD
CY2019 iacb Effective Income Tax Rate Reconciliation Warrants
EffectiveIncomeTaxRateReconciliationWarrants
5000 USD
CY2021 iacb Effective Income Tax Rate Reconciliation Tax Inflation Adjustment
EffectiveIncomeTaxRateReconciliationTaxInflationAdjustment
185000 USD
CY2020 iacb Effective Income Tax Rate Reconciliation Tax Inflation Adjustment
EffectiveIncomeTaxRateReconciliationTaxInflationAdjustment
0 USD
CY2019 iacb Effective Income Tax Rate Reconciliation Tax Inflation Adjustment
EffectiveIncomeTaxRateReconciliationTaxInflationAdjustment
0 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
111000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-33000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-61000 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-364000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1200000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
902000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.12
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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127000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
3.09
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.14
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
187000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
164000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
10201000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
9131000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1128000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
891000 USD
CY2021Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
25000 USD
CY2020Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
597000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
716000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
106000 USD
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
180000 USD
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
176000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
12445000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
11184000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56338000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4840000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
12445000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
11184000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2021Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
8720000 USD
CY2020Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
7594000 USD
CY2021Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
1224000 USD
CY2020Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
873000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2373000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3162000 USD
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
74198000 USD
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
64255000 USD
CY2021Q4 us-gaap Increase In Unrecognized Tax Benefits Is Reasonably Possible
IncreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
82000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2373000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1438000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
508000 USD
CY2021Q4 iacb Related Party Transaction Research And Development Expenses
RelatedPartyTransactionResearchAndDevelopmentExpenses
2000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
410000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
691000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
935000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3162000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2373000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3162000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2373000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
136000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
49000 USD
CY2021Q2 iacb Share Based Compensation Arrangement By Share Based Payment Award Value Of Options Fully Vested For Notes Receivable Exercises
ShareBasedCompensationArrangementByShareBasedPaymentAwardValueOfOptionsFullyVestedForNotesReceivableExercises
740000 USD
CY2021Q4 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
6100000 USD
CY2021Q4 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
4130000 USD
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 operatingSegment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
90291000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
68801000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26745020 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16028560 shares
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2325000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16028560 shares
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-11472000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-812000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-7334000 USD
CY2021 iacb Preferred Stocks Accretion To Redemption Value Adjustment
PreferredStocksAccretionToRedemptionValueAdjustment
77063000 USD
CY2020 iacb Preferred Stocks Accretion To Redemption Value Adjustment
PreferredStocksAccretionToRedemptionValueAdjustment
7297000 USD
CY2019 iacb Preferred Stocks Accretion To Redemption Value Adjustment
PreferredStocksAccretionToRedemptionValueAdjustment
2007000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-88535000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-88535000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8109000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-8109000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9341000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9341000 USD
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26745020 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15886958 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15886958 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.31
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.31
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
CY2021Q4 us-gaap Preferred Stock Convertible Conversion Ratio
PreferredStockConvertibleConversionRatio
1.337

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