2024 Q2 Form 10-Q Financial Statement
#000183537824000058 Filed on May 07, 2024
Income Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| Revenue | $37.95M | $36.74M | $30.49M |
| YoY Change | 9.86% | 20.51% | 17.88% |
| Cost Of Revenue | $9.097M | $8.732M | $8.265M |
| YoY Change | 5.89% | 5.65% | 30.28% |
| Gross Profit | $28.85M | $28.01M | $22.22M |
| YoY Change | 11.17% | 26.04% | 13.84% |
| Gross Profit Margin | 76.03% | 76.23% | 72.89% |
| Selling, General & Admin | $21.51M | $22.16M | $21.29M |
| YoY Change | 5.53% | 4.11% | -3.18% |
| % of Gross Profit | 74.55% | 79.13% | 95.8% |
| Research & Development | $7.304M | $6.321M | $7.117M |
| YoY Change | 6.22% | -11.18% | -2.89% |
| % of Gross Profit | 25.31% | 22.57% | 32.03% |
| Depreciation & Amortization | $2.831M | $2.624M | $2.030M |
| YoY Change | 37.16% | 29.26% | 201.63% |
| % of Gross Profit | 9.81% | 9.37% | 9.14% |
| Operating Expenses | $28.82M | $28.48M | $28.40M |
| YoY Change | 5.71% | 0.27% | -3.11% |
| Operating Profit | -$2.793M | -$3.100M | -$8.214M |
| YoY Change | -84.37% | -62.26% | -16.16% |
| Interest Expense | $78.00K | $42.00K | $2.475M |
| YoY Change | -68.55% | -98.3% | 7.1% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$2.715M | -$3.058M | -$5.739M |
| YoY Change | -84.59% | -46.72% | -23.34% |
| Income Tax | $7.800M | $3.200M | $2.824M |
| % Of Pretax Income | |||
| Net Earnings | -$10.54M | -$6.234M | -$8.563M |
| YoY Change | -44.4% | -27.2% | 14.96% |
| Net Earnings / Revenue | -27.78% | -16.97% | -28.09% |
| Basic Earnings Per Share | -$0.07 | -$0.04 | -$0.06 |
| Diluted Earnings Per Share | -$0.07 | -$0.04 | -$0.06 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 144.4M shares | 141.8M shares | 136.3M shares |
| Diluted Shares Outstanding | 144.8M shares | 142.4M shares | 136.0M shares |
Balance Sheet
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $30.58M | $31.57M | $45.02M |
| YoY Change | -29.51% | -29.86% | -0.94% |
| Cash & Equivalents | $30.58M | $31.57M | $45.02M |
| Short-Term Investments | |||
| Other Short-Term Assets | $5.375M | $6.099M | $5.692M |
| YoY Change | 30.37% | 7.15% | -13.38% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $45.76M | $41.81M | $39.95M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $81.72M | $79.49M | $90.65M |
| YoY Change | -9.95% | -12.32% | -0.14% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $20.45M | $19.61M | $16.97M |
| YoY Change | 7.86% | 15.59% | 157.13% |
| Goodwill | $102.5M | $102.5M | $117.0M |
| YoY Change | 0.0% | -12.4% | 20.34% |
| Intangibles | $22.31M | $23.31M | $28.79M |
| YoY Change | -19.34% | -19.01% | -51.42% |
| Long-Term Investments | $265.0K | ||
| YoY Change | -12.54% | ||
| Other Assets | $799.0K | $1.055M | $813.0K |
| YoY Change | -4.2% | 29.77% | 50.0% |
| Total Long-Term Assets | $157.5M | $158.0M | $166.7M |
| YoY Change | 3.22% | -5.19% | -0.71% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $81.72M | $79.49M | $90.65M |
| Total Long-Term Assets | $157.5M | $158.0M | $166.7M |
| Total Assets | $239.2M | $237.5M | $257.3M |
| YoY Change | -1.69% | -7.7% | -0.51% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $6.548M | $1.527M | $4.919M |
| YoY Change | 48.11% | -68.96% | 29.75% |
| Accrued Expenses | $11.85M | $10.84M | $7.166M |
| YoY Change | 128.13% | 51.2% | 71.31% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $29.06M | $24.61M | $23.84M |
| YoY Change | 30.94% | 3.23% | -7.64% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $20.00M |
| YoY Change | -100.0% | -100.0% | |
| Other Long-Term Liabilities | $10.54M | $7.833M | $8.024M |
| YoY Change | 11.36% | -2.38% | -23.37% |
| Total Long-Term Liabilities | $10.54M | $7.833M | $30.96M |
| YoY Change | -66.62% | -74.7% | 3.51% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $29.06M | $24.61M | $23.84M |
| Total Long-Term Liabilities | $10.54M | $7.833M | $30.96M |
| Total Liabilities | $39.60M | $32.45M | $54.80M |
| YoY Change | -26.34% | -40.79% | -1.65% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$199.6M | -$189.0M | -$159.4M |
| YoY Change | 11.86% | 18.55% | 13.95% |
| Common Stock | $14.00K | $13.00K | $13.00K |
| YoY Change | 7.69% | 0.0% | 0.0% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $188.9M | $193.9M | $202.5M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $239.2M | $237.5M | $257.3M |
| YoY Change | -1.69% | -7.7% | -0.51% |
Cashflow Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$10.54M | -$6.234M | -$8.563M |
| YoY Change | -44.4% | -27.2% | 14.96% |
| Depreciation, Depletion And Amortization | $2.831M | $2.624M | $2.030M |
| YoY Change | 37.16% | 29.26% | 201.63% |
| Cash From Operating Activities | $1.234M | $4.652M | $368.0K |
| YoY Change | 112.76% | 1164.13% | -105.1% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $2.326M | $272.0K | $89.00K |
| YoY Change | -10.54% | 205.62% | -8.25% |
| Acquisitions | $0.00 | ||
| YoY Change | -100.0% | ||
| Other Investing Activities | $218.0K | -$53.00K | $10.01M |
| YoY Change | 990.0% | -100.53% | -110.05% |
| Cash From Investing Activities | -$2.108M | -$2.594M | $6.827M |
| YoY Change | -18.29% | -138.0% | -106.74% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | $20.00M | $5.000M | |
| YoY Change | 300.0% | ||
| Cash From Financing Activities | 37.00K | -$19.96M | $250.0K |
| YoY Change | -89.84% | -8082.8% | -109.2% |
| NET CHANGE | |||
| Cash From Operating Activities | 1.234M | $4.652M | $368.0K |
| Cash From Investing Activities | -2.108M | -$2.594M | $6.827M |
| Cash From Financing Activities | 37.00K | -$19.96M | $250.0K |
| Net Change In Cash | -837.0K | -$17.99M | $7.445M |
| YoY Change | -48.84% | -341.63% | -106.69% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.234M | $4.652M | $368.0K |
| Capital Expenditures | $2.326M | $272.0K | $89.00K |
| Free Cash Flow | -$1.092M | $4.380M | $279.0K |
| YoY Change | -45.94% | 1469.89% | -103.82% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q1 | us-gaap |
Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
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http://www.innovid.com/20240331#WarrantLiabilityNoncurrent | |
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Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
|
http://www.innovid.com/20240331#WarrantLiabilityNoncurrent | |
| CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
141194179 | shares |
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Common Stock Shares Issued
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Cost Of Revenue
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Cost Of Revenue
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Research And Development Expense
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Research And Development Expense
ResearchAndDevelopmentExpense
|
7117000 | usd |
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Selling And Marketing Expense
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|
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Selling And Marketing Expense
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General And Administrative Expense
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Depreciation And Amortization
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Depreciation And Amortization
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Operating Income Loss
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Operating Income Loss
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Finance Expenses Income Net
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Finance Expenses Income Net
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Income Tax Expense Benefit
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Income Tax Expense Benefit
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Net Income Loss
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Net Income Loss
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
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Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
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Earnings Per Share Diluted
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-0.06 | |
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Earnings Per Share Basic
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-0.06 | |
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Weighted Average Number Of Shares Outstanding Basic
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Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Shares Outstanding Basic
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Share Based Compensation Arrangement By Share Based Payment Award Stock Options Exercised And Restricted Stock Units Vested In Period Value
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Net Income Loss
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Stockholders Equity
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Stockholders Equity
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Share Based Compensation Arrangement By Share Based Payment Award Stock Options Exercised And Restricted Stock Units Vested In Period Value
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Net Income Loss
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Stockholders Equity
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Depreciation Depletion And Amortization
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Depreciation Depletion And Amortization
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Share Based Compensation
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Share Based Compensation
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Fair Value Adjustment Of Warrants
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Fair Value Adjustment Of Warrants
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Foreign Currency Transaction Gain Loss Before Tax
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Foreign Currency Transaction Gain Loss Before Tax
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Increase Decrease In Accounts Receivable
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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Increase Decrease In Operating Lease Right Of Use Assets
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Increase Decrease In Operating Lease Right Of Use Assets
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Increase Decrease In Accounts Payable
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Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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Net Cash Provided By Used In Operating Activities
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Net Cash Provided By Used In Operating Activities
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Payments To Develop Software
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Payments To Acquire Property Plant And Equipment
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Payments To Acquire Property Plant And Equipment
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Withdrawal Of Short Term Bank Deposits
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Withdrawal Of Short Term Bank Deposits
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Net Cash Provided By Used In Investing Activities
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Proceeds From Issuance Of Long Term Debt
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Proceeds From Stock Options Exercised
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Net Cash Provided By Used In Financing Activities
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Net Cash Provided By Used In Financing Activities
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-90000 | usd |
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Income Taxes Paid Net
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|
681000 | usd |
| CY2023Q1 | us-gaap |
Income Taxes Paid Net
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203000 | usd |
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Interest Paid Net
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68000 | usd |
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Interest Paid Net
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362000 | usd |
| CY2024Q1 | ctv |
Right Of Use Assets Obtained In Exchange For Operating Lease Liabilitie Upon Lease Modification
RightOfUseAssetsObtainedInExchangeForOperatingLeaseLiabilitieUponLeaseModification
|
10071000 | usd |
| CY2023Q1 | ctv |
Right Of Use Assets Obtained In Exchange For Operating Lease Liabilitie Upon Lease Modification
RightOfUseAssetsObtainedInExchangeForOperatingLeaseLiabilitieUponLeaseModification
|
0 | usd |
| CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
31574000 | usd |
| CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
45015000 | usd |
| CY2024Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
434000 | usd |
| CY2023Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
401000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
32008000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
45416000 | usd |
| CY2024Q1 | ctv |
Revenue From Contract With Customer Payment Term
RevenueFromContractWithCustomerPaymentTerm
|
P60D | |
| CY2024Q1 | ctv |
Revenue Recognition Advertisement Serving Services Percentage
RevenueRecognitionAdvertisementServingServicesPercentage
|
0.753 | |
| CY2023Q1 | ctv |
Revenue Recognition Advertisement Serving Services Percentage
RevenueRecognitionAdvertisementServingServicesPercentage
|
0.730 | |
| CY2024Q1 | ctv |
Revenue Recognition Measurement Serving Percentage
RevenueRecognitionMeasurementServingPercentage
|
0.212 | |
| CY2023Q1 | ctv |
Revenue Recognition Measurement Serving Percentage
RevenueRecognitionMeasurementServingPercentage
|
0.230 | |
| CY2024Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div>The preparation of the condensed consolidated interim financial statements in conformity with US GAAP requires management to make estimates, judgments, and assumptions that affect the amounts reported in the financial statements. The results for interim periods are not necessarily indicative of results to be expected for the year or for any future periods. In management’s opinion, these unaudited condensed consolidated interim financial statements contain all adjustments of a normal recurring nature necessary for a fair presentation of the financial statements for the interim period presented based upon information available at the time they are made. Actual results could differ from those estimates. | |
| CY2024Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Prior Period Reclassification</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts in prior year’s condensed consolidated balance sheet have been reclassified to conform to current year’s presentation.</span></div> | |
| CY2024Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of credit risk</span></div><div style="margin-bottom:9pt"><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. The majority of the Company’s cash and cash equivalents are invested in deposits with major banks in the US, Israel and UK. The Company is exposed to credit risk in the event of default by the financial institutions to the extent of the amounts recorded on the accompanying consolidated balance sheets exceed insured limits. Generally, these investments may be redeemed upon demand and, therefore, bear minimal risk.</span></div>The Company’s trade receivables, net is mainly derived from sales to customers located in the US, APAC, EMEA, and LATAM. The Company mitigates its credit risks by performing ongoing credit evaluations of its customers’ financial conditions. The Company has no off-balance-sheet concentration of credit risk such as foreign exchange contracts, option contracts or other foreign hedging arrangements. | |
| CY2024Q1 | ctv |
Revenue Recognition Creative Serving Percentage
RevenueRecognitionCreativeServingPercentage
|
0.030 | |
| CY2023Q1 | ctv |
Revenue Recognition Creative Serving Percentage
RevenueRecognitionCreativeServingPercentage
|
0.039 | |
| CY2024Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
| CY2023Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
| CY2024Q1 | us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | reportingunit |
| CY2023Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
| CY2024Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2099000 | usd |
| CY2024Q1 | ctv |
Capitalized Commission Costs
CapitalizedCommissionCosts
|
0 | usd |
| CY2023 | ctv |
Capitalized Commission Costs
CapitalizedCommissionCosts
|
0 | usd |
| CY2024Q1 | us-gaap |
Lessor Operating Lease Renewal Term
LessorOperatingLeaseRenewalTerm
|
P5Y | |
| CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
11129000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
11558000 | usd |
| CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1435000 | usd |
| CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1834000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
496000 | usd |
| CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
463000 | usd |
| CY2024Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
270000 | usd |
| CY2023Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
263000 | usd |
| CY2024Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
38000 | usd |
| CY2023Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
21000 | usd |
| CY2024Q1 | us-gaap |
Lease Cost
LeaseCost
|
804000 | usd |
| CY2023Q1 | us-gaap |
Lease Cost
LeaseCost
|
747000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y8M12D | |
| CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.072 | |
| CY2024Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
441000 | usd |
| CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
523000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1249000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
986000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1508000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1538000 | usd |
| CY2024Q1 | ctv |
Lessee Operating Lease Liability To Be Paid Year After Four
LesseeOperatingLeaseLiabilityToBePaidYearAfterFour
|
9899000 | usd |
| CY2024Q1 | ctv |
Lessee Operating Lease Liability Undiscounted Lease Payments
LesseeOperatingLeaseLiabilityUndiscountedLeasePayments
|
17279000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
5721000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
11558000 | usd |
| CY2022Q3 | ctv |
Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
|
2 | subsidiary |
| CY2024Q1 | ctv |
Bank Guarantees In Connection With Office Lease Agreement
BankGuaranteesInConnectionWithOfficeLeaseAgreement
|
200000 | usd |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
100000 | usd |
| CY2024Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
2100000 | usd |
| CY2024Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y1M6D | |
| CY2024Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
400000 | usd |
| CY2023Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
300000 | usd |
| CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3200000 | usd |
| CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2800000 | usd |
| CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-1.039 | |
| CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.492 | |
| CY2024Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
| CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
36738000 | usd |
| CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
30485000 | usd |
| CY2024Q1 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
30742000 | usd |
| CY2023Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
19854000 | usd |
| CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
| CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
| CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
| CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |
