2021 Q4 Form 10-Q Financial Statement
#000165495421011856 Filed on November 09, 2021
Income Statement
Concept | 2021 Q4 | 2021 Q3 | 2021 Q2 |
---|---|---|---|
Revenue | $8.996M | $8.810M | $5.779M |
YoY Change | 108.1% | 112.65% | 42.55% |
Cost Of Revenue | $1.841M | $1.210M | $1.347M |
YoY Change | 41.62% | 27.91% | 48.35% |
Gross Profit | $7.155M | $7.600M | $4.432M |
YoY Change | 138.5% | 137.72% | 40.88% |
Gross Profit Margin | 79.54% | 86.27% | 76.69% |
Selling, General & Admin | $6.014M | $2.285M | $4.305M |
YoY Change | 140.56% | -25.11% | 105.0% |
% of Gross Profit | 84.05% | 30.07% | 97.13% |
Research & Development | $300.0K | $358.0K | $388.0K |
YoY Change | -14.04% | 9.82% | 59.02% |
% of Gross Profit | 4.19% | 4.71% | 8.75% |
Depreciation & Amortization | $695.0K | $569.0K | $262.0K |
YoY Change | 1058.33% | 848.33% | 555.0% |
% of Gross Profit | 9.71% | 7.49% | 5.91% |
Operating Expenses | $9.793M | $8.757M | $7.023M |
YoY Change | 133.22% | 119.58% | 99.35% |
Operating Profit | -$797.0K | $53.00K | $1.244M |
YoY Change | -742.74% | -65.81% | 134.27% |
Interest Expense | -$20.00K | $24.00K | $21.00K |
YoY Change | 4.35% | -4.55% | |
% of Operating Profit | 45.28% | 1.69% | |
Other Income/Expense, Net | -$23.00K | -$41.00K | -$19.00K |
YoY Change | -102.33% | 95.24% | -5.0% |
Pretax Income | $820.0K | $12.00K | $1.263M |
YoY Change | -26.19% | -91.04% | 147.16% |
Income Tax | $218.0K | $137.0K | $260.0K |
% Of Pretax Income | 26.59% | 1141.67% | 20.59% |
Net Earnings | -$602.0K | -$125.0K | -$1.003M |
YoY Change | -108.41% | -195.42% | -297.44% |
Net Earnings / Revenue | -6.69% | -1.42% | -17.36% |
Basic Earnings Per Share | -$0.03 | -$0.01 | $0.05 |
Diluted Earnings Per Share | -$0.03 | $0.01 | $0.05 |
COMMON SHARES | |||
Basic Shares Outstanding | 21.69M shares | 21.60M shares | 19.44M shares |
Diluted Shares Outstanding | 21.60M shares | 19.44M shares |
Balance Sheet
Concept | 2021 Q4 | 2021 Q3 | 2021 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $7.468M | $7.701M | $7.876M |
YoY Change | -57.57% | -49.99% | 57.52% |
Cash & Equivalents | $7.468M | $7.701M | $7.876M |
Short-Term Investments | |||
Other Short-Term Assets | $1.080M | $1.169M | $319.0K |
YoY Change | 46.13% | -60.13% | |
Inventory | $231.0K | $479.0K | $311.0K |
Prepaid Expenses | $358.0K | $650.0K | $834.0K |
Receivables | $2.177M | $1.280M | $1.406M |
Other Receivables | $343.0K | $335.0K | $327.0K |
Total Short-Term Assets | $11.56M | $11.17M | $12.11M |
YoY Change | -41.56% | -35.79% | 70.56% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.989M | $3.059M | $3.072M |
YoY Change | 9.33% | 9.25% | 18.15% |
Goodwill | $34.98M | $26.73M | $26.73M |
YoY Change | 12760.66% | ||
Intangibles | $22.16M | $23.24M | $23.74M |
YoY Change | 8694.05% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $313.0K | $287.0K | $290.0K |
YoY Change | 100.64% | 43.5% | 45.0% |
Total Long-Term Assets | $65.59M | $66.14M | $66.17M |
YoY Change | 500.44% | 1249.86% | 1370.47% |
TOTAL ASSETS | |||
Total Short-Term Assets | $11.56M | $11.17M | $12.11M |
Total Long-Term Assets | $65.59M | $66.14M | $66.17M |
Total Assets | $77.15M | $77.32M | $78.28M |
YoY Change | 151.27% | 246.71% | 574.84% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $476.0K | $624.0K | $651.0K |
YoY Change | 750.0% | -22.0% | 30.2% |
Accrued Expenses | $4.904M | $4.351M | $5.455M |
YoY Change | 201.23% | 335.1% | 445.5% |
Deferred Revenue | $2.207M | $1.475M | $1.475M |
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.983M | $203.0K | $220.0K |
YoY Change | 1883.0% | -81.55% | -80.0% |
Total Short-Term Liabilities | $10.57M | $8.245M | $9.764M |
YoY Change | 312.49% | 122.84% | 187.18% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $193.0K | $2.055M | $2.106M |
YoY Change | -89.84% | -10.65% | 5.3% |
Other Long-Term Liabilities | $454.0K | $1.322M | $1.199M |
YoY Change | -9.2% | 1222.0% | 139.8% |
Total Long-Term Liabilities | $647.0K | $3.377M | $3.305M |
YoY Change | -73.04% | 40.71% | 32.2% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $10.57M | $8.245M | $9.764M |
Total Long-Term Liabilities | $647.0K | $3.377M | $3.305M |
Total Liabilities | $11.22M | $11.62M | $13.07M |
YoY Change | 127.06% | 90.52% | 121.51% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$52.53M | -$51.93M | -$51.81M |
YoY Change | 4.88% | ||
Common Stock | $22.00K | $22.00K | $22.00K |
YoY Change | 22.22% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $65.93M | $65.69M | $65.21M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $77.15M | $77.32M | $78.28M |
YoY Change | 151.27% | 246.71% | 574.84% |
Cashflow Statement
Concept | 2021 Q4 | 2021 Q3 | 2021 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$602.0K | -$125.0K | -$1.003M |
YoY Change | -108.41% | -195.42% | -297.44% |
Depreciation, Depletion And Amortization | $695.0K | $569.0K | $262.0K |
YoY Change | 1058.33% | 848.33% | 555.0% |
Cash From Operating Activities | -$533.0K | -$249.0K | $26.00K |
YoY Change | -331.74% | -175.45% | -93.16% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$10.00K | $10.46M | -$10.52M |
YoY Change | -4852.27% | 6085.88% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $739.0K | -$10.51M | |
YoY Change | |||
Cash From Investing Activities | $729.0K | -$50.00K | -$8.356M |
YoY Change | -77.27% | 4815.29% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -431.0K | 115.0K | -4.000K |
YoY Change | -121.55% | -98.88% | -100.3% |
NET CHANGE | |||
Cash From Operating Activities | -533.0K | -249.0K | 26.00K |
Cash From Investing Activities | 729.0K | -50.00K | -8.356M |
Cash From Financing Activities | -431.0K | 115.0K | -4.000K |
Net Change In Cash | -235.0K | -184.0K | -8.334M |
YoY Change | -110.54% | -101.78% | -634.23% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$533.0K | -$249.0K | $26.00K |
Capital Expenditures | -$10.00K | $10.46M | -$10.52M |
Free Cash Flow | -$523.0K | -$10.70M | $10.54M |
YoY Change | -327.39% | -2046.18% | 1816.73% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
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CY2021Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
17579000 | USD |
CY2021Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
0 | USD |
CY2020Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
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Allowance For Doubtful Accounts Receivable Current
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|
40000 | USD |
CY2020Q4 | us-gaap |
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21000 | USD |
CY2021Q3 | us-gaap |
Accounts Receivable Net Current
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|
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CY2020Q4 | us-gaap |
Accounts Receivable Net Current
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538000 | USD |
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Contract Assets
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Inventory Net
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Inventory Net
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504000 | USD |
CY2021Q3 | crex |
Equipment Financing Receivables
EquipmentFinancingReceivables
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324000 | USD |
CY2020Q4 | crex |
Equipment Financing Receivables
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286000 | USD |
CY2021Q3 | us-gaap |
Capitalized Contract Cost Net
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519000 | USD |
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Capitalized Contract Cost Net
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421000 | USD |
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Prepaid Expense Current
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Income Taxes Receivable
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11000 | USD |
CY2020Q4 | us-gaap |
Income Taxes Receivable
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CY2021Q3 | us-gaap |
Assets Current
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CY2020Q4 | us-gaap |
Assets Current
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Allowance For Doubtful Accounts Receivable Noncurrent
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Allowance For Doubtful Accounts Receivable Noncurrent
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Long Term Equipment Financing Receivables Net
LongTermEquipmentFinancingReceivablesNet
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Property Plant And Equipment Net
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Property Plant And Equipment Net
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Deferred Tax Assets Deferred Income
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Goodwill Fair Value Disclosure
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Goodwill Fair Value Disclosure
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0.001 | |
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Product Revenue
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Revenues
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Revenues
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19096000 | USD | |
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Revenues
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Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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1210000 | USD |
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CostOfGoodsAndServicesSold
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946000 | USD |
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CostOfGoodsAndServicesSold
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3816000 | USD | |
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2824000 | USD | |
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Cost Of Software Solutions Revenue
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1675000 | USD |
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|
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Cost Of Software Solutions Revenue
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2201000 | USD | |
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314000 | USD |
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972000 | USD | |
crex |
Cost Of Product Revenue
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797000 | USD | |
CY2021Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
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2070000 | USD |
CY2020Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
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Selling And Marketing Expense
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5106000 | USD | |
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3151000 | USD | |
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2983000 | USD |
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1351000 | USD |
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OtherGeneralAndAdministrativeExpense
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OtherGeneralAndAdministrativeExpense
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CY2021Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
358000 | USD |
CY2020Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
326000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1096000 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
840000 | USD | |
CY2021Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
8757000 | USD |
CY2020Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
3988000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
21109000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
11197000 | USD | |
CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
53000 | USD |
CY2020Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
155000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2013000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
867000 | USD | |
CY2021Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | USD |
CY2020Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3000 | USD | |
CY2021Q3 | us-gaap |
Interest Expense
InterestExpense
|
24000 | USD |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
23000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
64000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
54000 | USD | |
CY2021Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-17000 | USD |
CY2020Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-14000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-28000 | USD | |
CY2021Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-41000 | USD |
CY2020Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-21000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-77000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-79000 | USD | |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
12000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
134000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-2090000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
788000 | USD | |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-137000 | USD |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
247000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-9000 | USD | |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-125000 | USD |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
131000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-1843000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
779000 | USD | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.09 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | ||
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.09 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | ||
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
21596415 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15244804 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19757658 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15058192 | shares | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21596415 | shares |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | USD | |
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
9000 | USD |
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
10000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD | |
CY2021Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-116000 | USD |
CY2020Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
131000 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-1833000 | USD | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17249035 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19757658 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16793896 | shares | |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-125000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
131000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1843000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
779000 | USD | |
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
9000 | USD |
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
10000 | USD | |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
779000 | USD | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25764000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
282000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
0 | USD |
CY2021Q1 | crex |
Issuance Of Common Stock For Exercise Of Stock Options Amount
IssuanceOfCommonStockForExerciseOfStockOptionsAmount
|
1146000 | USD |
CY2021Q1 | crex |
Taxes Paid On The Net Settlement Of Stock Options
TaxesPaidOnTheNetSettlementOfStockOptions
|
-152000 | USD |
CY2021Q1 | crex |
Issuance Of Common Stock In Connection With A Business Acquisition Amount
IssuanceOfCommonStockInConnectionWithABusinessAcquisitionAmount
|
346000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-715000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
26671000 | USD |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
453000 | USD |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
0 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
1000 | USD |
CY2021Q2 | crex |
Issuance Of Common Stock For Exercise Of Stock Options Amount
IssuanceOfCommonStockForExerciseOfStockOptionsAmount
|
31000 | USD |
CY2021Q2 | crex |
Taxes Paid On The Net Settlement Of Stock Options
TaxesPaidOnTheNetSettlementOfStockOptions
|
-3000 | USD |
CY2021Q2 | crex |
Issuance Of Common Stock In Connection With A Business Acquisition Amount
IssuanceOfCommonStockInConnectionWithABusinessAcquisitionAmount
|
39062000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1003000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
65212000 | USD |
CY2021Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
415000 | USD |
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
0 | USD |
CY2021Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
9000 | USD |
CY2021Q3 | crex |
Issuance Of Common Stock For Exercise Of Stock Options Amount
IssuanceOfCommonStockForExerciseOfStockOptionsAmount
|
188000 | USD |
CY2021Q3 | crex |
Taxes Paid On The Net Settlement Of Stock Options
TaxesPaidOnTheNetSettlementOfStockOptions
|
-5000 | USD |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-125000 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
65694000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4387000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
105000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
0 | USD |
CY2020Q1 | crex |
Issuance Of Common Stock For Exercise Of Stock Options Amount
IssuanceOfCommonStockForExerciseOfStockOptionsAmount
|
84000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
140000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4716000 | USD |
CY2020Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
136000 | USD |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
0 | USD |
CY2020Q2 | crex |
Issuance Of Common Stock For Exercise Of Stock Options Amount
IssuanceOfCommonStockForExerciseOfStockOptionsAmount
|
414000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
508000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5774000 | USD |
CY2020Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
136000 | USD |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
0 | USD |
CY2020Q3 | crex |
Issuance Of Common Stock For Exercise Of Stock Options Amount
IssuanceOfCommonStockForExerciseOfStockOptionsAmount
|
1510000 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
8633000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
131000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16184000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-1843000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
779000 | USD | |
crex |
Non Cash Operating Lease Amortization
NonCashOperatingLeaseAmortization
|
0 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
119000 | USD | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-245000 | USD | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-100000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-384000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-191000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-263000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
4000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
931000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
197000 | USD | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
1150000 | USD | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
377000 | USD | |
crex |
Non Cash Operating Lease Amortization
NonCashOperatingLeaseAmortization
|
-4000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
199000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-248000 | USD | |
us-gaap |
Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
|
-50000 | USD | |
us-gaap |
Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
|
-72000 | USD | |
crex |
Increase Decrease In Equipment Financing Receivables
IncreaseDecreaseInEquipmentFinancingReceivables
|
31000 | USD | |
crex |
Increase Decrease In Equipment Financing Receivables
IncreaseDecreaseInEquipmentFinancingReceivables
|
-395000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
37000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
335000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-46000 | USD | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
228000 | USD | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-25000 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
0 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
5000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-595000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
19000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-473000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
423000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
91000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
745000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
10505000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
176000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10596000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-921000 | USD | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
0 | USD | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
54000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
71000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
22000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1001000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
53000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
39000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1365000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2007000 | USD | |
crex |
Taxes Paid On The Net Settlement Of Stock Options And Rsus
TaxesPaidOnTheNetSettlementOfStockOptionsAndRsus
|
-160000 | USD | |
crex |
Taxes Paid On The Net Settlement Of Stock Options And Rsus
TaxesPaidOnTheNetSettlementOfStockOptionsAndRsus
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
8778000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1081000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
11671000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
10000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
0 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-9978000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
11173000 | USD | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
17679000 | USD |
crex |
Adjustment To Intangible Assets And Contingent Consideration Of Customer Relationship Asset Acquisition
AdjustmentToIntangibleAssetsAndContingentConsiderationOfCustomerRelationshipAssetAcquisition
|
-121000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
64000 | USD | |
CY2021Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
6742000 | USD |
CY2020Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
17175000 | USD |
crex |
Adjustment To Intangible Assets And Contingent Consideration Of Customer Relationship Asset Acquisition
AdjustmentToIntangibleAssetsAndContingentConsiderationOfCustomerRelationshipAssetAcquisition
|
0 | USD | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4280000 | USD |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7701000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15453000 | USD |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
15000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
54000 | USD | |
crex |
Stock Issued For The Acquisition Of Centric Telecom
StockIssuedForTheAcquisitionOfCentricTelecom
|
346000 | USD | |
crex |
Stock Issued For The Acquisition Of Centric Telecom
StockIssuedForTheAcquisitionOfCentricTelecom
|
0 | USD | |
crex |
Contingent Consideration Related To The Acquisition Of Centric Telecom
ContingentConsiderationRelatedToTheAcquisitionOfCentricTelecom
|
746000 | USD | |
crex |
Contingent Consideration Related To The Acquisition Of Centric Telecom
ContingentConsiderationRelatedToTheAcquisitionOfCentricTelecom
|
0 | USD | |
crex |
Stock Issued In Connection With The Merger With Netsapiens
StockIssuedInConnectionWithTheMergerWithNetsapiens
|
16942000 | USD | |
crex |
Stock Issued In Connection With The Merger With Netsapiens
StockIssuedInConnectionWithTheMergerWithNetsapiens
|
0 | USD | |
crex |
Stock Options Issued In Connection With The Merger With Netsapiens
StockOptionsIssuedInConnectionWithTheMergerWithNetsapiens
|
22120000 | USD | |
crex |
Stock Options Issued In Connection With The Merger With Netsapiens
StockOptionsIssuedInConnectionWithTheMergerWithNetsapiens
|
0 | USD | |
crex |
Property And Equipment Financed Through Finance Leases
PropertyAndEquipmentFinancedThroughFinanceLeases
|
273000 | USD | |
crex |
Property And Equipment Financed Through Finance Leases
PropertyAndEquipmentFinancedThroughFinanceLeases
|
0 | USD | |
crex |
Prepaid Assets Financed Through Finance Leases
PrepaidAssetsFinancedThroughFinanceLeases
|
14000 | USD | |
crex |
Prepaid Assets Financed Through Finance Leases
PrepaidAssetsFinancedThroughFinanceLeases
|
0 | USD | |
crex |
Property Plant And Equipment Acquired With Note Payable
PropertyPlantAndEquipmentAcquiredWithNotePayable
|
0 | USD | |
crex |
Property Plant And Equipment Acquired With Note Payable
PropertyPlantAndEquipmentAcquiredWithNotePayable
|
2000000 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1000 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
9000 | USD | |
CY2021Q1 | crex |
Restricted Cash Wavied
RestrictedCashWavied
|
100000 | USD |
CY2021Q3 | crex |
Restricted Cash Excess Of Federally Insured Limits
RestrictedCashExcessOfFederallyInsuredLimits
|
0 | USD |
CY2020Q4 | crex |
Restricted Cash Excess Of Federally Insured Limits
RestrictedCashExcessOfFederallyInsuredLimits
|
100000 | USD |
CY2021Q3 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
0 | USD |
CY2020Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
100000 | USD |
CY2021Q3 | us-gaap |
Cash
Cash
|
7701000 | USD |
CY2020Q3 | us-gaap |
Cash
Cash
|
15353000 | USD |
CY2021Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | USD |
CY2020Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
100000 | USD |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7701000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15453000 | USD |
CY2021Q3 | crex |
Capitalized Contract Cost
CapitalizedContractCost
|
1215000 | USD |
CY2020Q4 | crex |
Capitalized Contract Cost
CapitalizedContractCost
|
123000 | USD |
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
444000 | USD | |
CY2020 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
368000 | USD |
crex |
Business Acquisitionpolicytextblock
BusinessAcquisitionpolicytextblock
|
<p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:45px"><strong>Business Acquisitions - </strong>We account for business combinations using the acquisition method of accounting. The acquisition method of accounting requires that the purchase price, including the fair value of contingent consideration, of the acquisition be allocated to the assets acquired and liabilities assumed using the fair values determined by management as of the acquisition date. Goodwill as of the acquisition date is measured as the excess of consideration transferred over the net of the acquisition date fair values of assets acquired and the liabilities assumed. While the Company uses its best estimates and assumptions as part of the purchase price allocation process to accurately value assets acquired and liabilities assumed at the acquisition date, the Company’s estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill to the extent the Company identifies adjustments to the preliminary purchase price allocation. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the consolidated statements of operations. We include the results of all acquisitions in our consolidated financial statements from the date of acquisition. Acquisition related transaction costs, such as banking, legal, accounting and other costs incurred in connection with an acquisition, are expensed as incurred in general and administrative expenses.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:45px"><strong>Use of Estimates – </strong>In preparing the consolidated financial statements, management makes assumptions, estimates and judgments that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amounts of net sales and expenses during the reported periods. Specific estimates and judgments include valuation of goodwill and intangible assets in connection with business acquisitions and asset acquisitions, allowances for doubtful accounts, uncertainties related to certain income tax benefits, valuation of deferred income tax assets, valuations of share-based payments, annual incentive bonuses accrual, recoverability of long-lived assets and product warranty liabilities. Management’s estimates are based on historical experience and on our expectations that are believed to be reasonable. The combination of these factors forms the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from our current estimates and those differences may be material.</p> | ||
us-gaap |
Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
|
<p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:45px"><strong>Service, Software Solutions and Product Revenue Recognition – </strong>Revenue is recognized upon transfer of control of promised services, software solutions or products to customers in an amount that reflects the consideration we expect to receive in exchange for those products or services and excludes any amounts collected on behalf of third parties. We enter into contracts that can include various combinations of products and services, which are generally capable of being distinct and accounted for as separate performance obligations. We recognize revenue for delivered elements only when we determine there are no uncertainties regarding customer acceptance. Changes in the allocation of the sales price between delivered and undelivered elements can impact the timing of revenue recognized but does not change the total revenue recognized on any agreement. Revenue is recognized net of any taxes collected from customers, which are subsequently remitted to governmental authorities. For more detailed information about revenue, see Note 2. </p> | ||
crex |
Cost Of Software Solutions Revenue Policytextblock
CostOfSoftwareSolutionsRevenuePolicytextblock
|
<p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:45px"><strong>Cost of Software Solutions Revenue – </strong>Cost of software solutions revenue consists primarily of royalties and other fees paid to third parties whose technology or products are sold as part of the Company’s products, direct costs to manufacture and distribute products, direct costs to provide product support and professional support services, direct costs associated with delivery of the Company’s software offerings, and amortization expense related to developed technology intangible assets.</p> | ||
crex |
Public Offeringspolicytextblock
PublicOfferingspolicytextblock
|
<p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:45px"><strong>Public Offering</strong> – On September 28, 2020, the Company completed a public offering in which it issued and sold 1,750,000 shares of common stock at a price to the public of $5.50 per share. The shares sold and issued in the public offering resulted in an aggregate gross offering price of $9,625,000. The Company received net proceeds of $8,623,000 after deducting underwriting discounts and commissions of $674,000 and offering expenses of $328,000.</p><p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:45px"> </p><p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:45px">On October 21, 2020, the underwriters of the Company’s public offering exercised their option to purchase additional shares of the Company’s common stock to cover sales by the underwriters of a greater number of shares than the total set forth in the filed prospectus for the public offering. The underwriters purchased an additional 420,000 shares of common stock from the Company. The gross proceeds to the Company of the issuance were $2,310,000, and the Company received net proceeds of $2,148,000 after deducting underwriting discounts and commissions.</p> | ||
CY2020Q3 | crex |
Shares Of Common Stock Sold
SharesOfCommonStockSold
|
1750000 | shares |
CY2020Q3 | us-gaap |
Share Price
SharePrice
|
5.50 | |
CY2020Q3 | crex |
Offering Price
OfferingPrice
|
9625000 | USD |
CY2020Q3 | crex |
Net Proceeds
NetProceeds
|
8623000 | USD |
CY2020Q3 | crex |
Underwriting Discounts Comminsssions
UnderwritingDiscountsComminsssions
|
674000 | USD |
CY2020Q3 | us-gaap |
Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
|
328000 | USD |
CY2020Q4 | crex |
Additional Shares Of Common Stock
AdditionalSharesOfCommonStock
|
420000 | shares |
CY2020Q4 | crex |
Additional Shares Of Common Stock Amount
AdditionalSharesOfCommonStockAmount
|
2310000 | USD |
CY2020Q4 | crex |
Underwriting Discounts Comminsssions
UnderwritingDiscountsComminsssions
|
2148000 | USD |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
7487000 | USD | |
CY2020Q3 | us-gaap |
Revenues
Revenues
|
4143000 | USD |
us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
0.10 | pure | |
CY2020 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
0.11 | pure |
CY2021Q3 | crex |
Desktop Services
DesktopServices
|
701000 | USD |
CY2021Q3 | crex |
Interest Received On Equipment Financing
InterestReceivedOnEquipmentFinancing
|
63000 | USD |
CY2021Q3 | crex |
Telecommunications Services
TelecommunicationsServices
|
3718000 | USD |
CY2021Q3 | crex |
Fees Commissions And Other Recognized Over Time
FeesCommissionsAndOtherRecognizedOverTime
|
419000 | USD |
CY2021Q3 | crex |
One Time Fees Commissions And Other
OneTimeFeesCommissionsAndOther
|
125000 | USD |
CY2021Q3 | crex |
Software Licenses
SoftwareLicenses
|
0 | USD |
CY2021Q3 | crex |
Subscription Maintenance And Support
SubscriptionMaintenanceAndSupport
|
0 | USD |
CY2021Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
0 | USD |
CY2021Q3 | crex |
Service Lines
ServiceLines
|
5026000 | USD |
CY2021Q3 | crex |
Products Services And Fees Recognized At A Point In Time
ProductsServicesAndFeesRecognizedAtAPointInTime
|
775000 | USD |
CY2021Q3 | crex |
Products Services And Fees Transferred Over Time
ProductsServicesAndFeesTransferredOverTime
|
4251000 | USD |
CY2020Q3 | crex |
Desktop Services
DesktopServices
|
489000 | USD |
CY2020Q3 | crex |
Interest Received On Equipment Financing
InterestReceivedOnEquipmentFinancing
|
59000 | USD |
CY2020Q3 | crex |
Telecommunications Services
TelecommunicationsServices
|
3182000 | USD |
CY2020Q3 | crex |
Fees Commissions And Other Recognized Over Time
FeesCommissionsAndOtherRecognizedOverTime
|
373000 | USD |
crex |
Desktop Services
DesktopServices
|
1509000 | USD | |
crex |
Interest Received On Equipment Financing
InterestReceivedOnEquipmentFinancing
|
198000 | USD | |
crex |
Telecommunications Services
TelecommunicationsServices
|
10995000 | USD | |
crex |
Fees Commissions And Other Recognized Over Time
FeesCommissionsAndOtherRecognizedOverTime
|
1252000 | USD | |
crex |
One Time Fees Commissions And Other
OneTimeFeesCommissionsAndOther
|
346000 | USD | |
crex |
Software Licenses
SoftwareLicenses
|
0 | USD | |
CY2020Q3 | crex |
One Time Fees Commissions And Other
OneTimeFeesCommissionsAndOther
|
40000 | USD |
CY2020Q3 | crex |
Products Services And Fees Recognized At A Point In Time
ProductsServicesAndFeesRecognizedAtAPointInTime
|
529000 | USD |
CY2020Q3 | crex |
Products Services And Fees Transferred Over Time
ProductsServicesAndFeesTransferredOverTime
|
3614000 | USD |
crex |
Subscription Maintenance And Support
SubscriptionMaintenanceAndSupport
|
0 | USD | |
us-gaap |
Professional Fees
ProfessionalFees
|
0 | USD | |
crex |
Service Lines
ServiceLines
|
14300000 | USD | |
crex |
Products Services And Fees Recognized At A Point In Time
ProductsServicesAndFeesRecognizedAtAPointInTime
|
1804000 | USD | |
crex |
Products Services And Fees Transferred Over Time
ProductsServicesAndFeesTransferredOverTime
|
12496000 | USD | |
crex |
Desktop Services
DesktopServices
|
1317000 | USD | |
crex |
Interest Received On Equipment Financing
InterestReceivedOnEquipmentFinancing
|
156000 | USD | |
crex |
Telecommunications Services
TelecommunicationsServices
|
9321000 | USD | |
crex |
Service Lines
ServiceLines
|
12064000 | USD | |
crex |
Products Services And Fees Recognized At A Point In Time
ProductsServicesAndFeesRecognizedAtAPointInTime
|
1440000 | USD | |
crex |
Products Services And Fees Transferred Over Time
ProductsServicesAndFeesTransferredOverTime
|
10624000 | USD | |
CY2021Q3 | us-gaap |
Other Receivables
OtherReceivables
|
1307000 | USD |
CY2020Q4 | us-gaap |
Other Receivables
OtherReceivables
|
538000 | USD |
CY2021Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
209000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
159000 | USD |
CY2021Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
2884000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
1228000 | USD |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
30481000 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-125000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
131000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1843000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
779000 | USD | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
21596415 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
15244804 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
19757658 | shares | |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
15058192 | shares | |
CY2020Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2004231 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1735704 | shares | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
21596415 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
17249035 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
19757658 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
16793896 | shares | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.01 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.09 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.05 | ||
CY2021Q3 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-0.01 | |
CY2020Q3 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
0.01 | |
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-0.09 | ||
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
0.05 | ||
CY2021Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
970631 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
840623 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
91845 | shares | |
CY2021Q3 | crex |
Aggregate Purchase Price
AggregatePurchasePrice
|
49100000 | USD |
crex |
Consideration Amount
ConsiderationAmount
|
16900000 | USD | |
us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
4482328 | shares | |
us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
22100000 | USD | |
CY2021Q3 | crex |
Total Purchase Price
TotalPurchasePrice
|
49062000 | USD |
CY2021Q3 | crex |
Cash Un
CashUn
|
1658000 | USD |
CY2021Q3 | crex |
Trade Receivables
TradeReceivables
|
846000 | USD |
CY2021Q3 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
57000 | USD |
CY2021Q3 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
319000 | USD |
CY2021Q3 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
62000 | USD |
CY2021Q3 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
551000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
2829000 | USD |
CY2021Q3 | crex |
Other Long Term Assets
OtherLongTermAssets
|
84000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
|
5047000 | USD |
CY2021Q3 | crex |
Intangible Assets Customer Relatonships
IntangibleAssetsCustomerRelatonships
|
16473000 | USD |
CY2021Q3 | crex |
Total Identifiable Assets
TotalIdentifiableAssets
|
27926000 | USD |
CY2021Q3 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
438000 | USD |
CY2021Q3 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
2412000 | USD |
CY2021Q3 | crex |
Finance Leases Current Portion
FinanceLeasesCurrentPortion
|
-17000 | USD |
CY2021Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1475000 | USD |
CY2021Q3 | crex |
Operating Lease Liabilities Current Portion
OperatingLeaseLiabilitiesCurrentPortion
|
-379000 | USD |
CY2021Q3 | crex |
Contract Liabilities Net Of Current Portion
ContractLiabilitiesNetOfCurrentPortion
|
-629000 | USD |
CY2021Q3 | crex |
Finance Leases Net Of Current Portion
FinanceLeasesNetOfCurrentPortion
|
-29000 | USD |
CY2021Q3 | crex |
Operating Lease Liabilities Net Of Current Portion
OperatingLeaseLiabilitiesNetOfCurrentPortion
|
-219000 | USD |
CY2021Q3 | crex |
Total Liabilities Assumed
TotalLiabilitiesAssumed
|
-5598000 | USD |
CY2021Q3 | us-gaap |
Goodwill
Goodwill
|
26734000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
26700000 | USD | |
crex |
Pro Forma Informationtabletextblock
ProFormaInformationtabletextblock
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="6" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>For the Nine Months Ended September 30, (Unaudited)</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td style="vertical-align:bottom;"><p style="font-size:10pt;font-family:times new roman;margin:0px">(In thousands)</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2021</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2020</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Revenues</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">24,123</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">20,867</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Net income/(loss)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(12,671</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">487</td><td style="width:1%;white-space: nowrap;"/></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Earnings per share</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(0.64</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">0.03</td><td style="width:1%;white-space: nowrap;"/></tr></tbody></table> | ||
crex |
Revenue
Revenue
|
24123000 | USD | |
crex |
Revenue
Revenue
|
20867000 | USD | |
crex |
Net Income Loss Operations
NetIncomeLossOperations
|
-12671000 | USD | |
crex |
Net Income Loss Operations
NetIncomeLossOperations
|
-487000 | USD | |
crex |
Earning Per Share Attributiable
EarningPerShareAttributiable
|
-0.64 | ||
crex |
Earning Per Share Attributiable
EarningPerShareAttributiable
|
-0.03 | ||
CY2021Q1 | us-gaap |
Business Acquisition Description Of Acquired Entity
BusinessAcquisitionDescriptionOfAcquiredEntity
|
the Company acquired 100% of the issued and outstanding shares of Centric Telecom, Inc., a provider of telecommunications products, services, and solutions in Northern Virginia. The aggregate purchase price of $3,255,000 consisted of $2,163,000 of cash paid at closing, 46,662 shares of our common stock with an estimated fair value of $346,000 issued at closing, and $746,000 of estimated contingent consideration to be paid | |
CY2021Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
0 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
50000000 | USD | |
CY2021Q3 | crex |
Prepaid Software Services
PrepaidSoftwareServices
|
281000 | USD |
CY2020Q4 | crex |
Prepaid Software Services
PrepaidSoftwareServices
|
20000 | USD |
CY2021Q3 | crex |
Prepaid Insurance Premiums
PrepaidInsurancePremiums
|
78000 | USD |
CY2020Q4 | crex |
Prepaid Insurance Premiums
PrepaidInsurancePremiums
|
71000 | USD |
CY2021Q3 | crex |
Prepaid Nassdaq Listing Fee
PrepaidNassdaqListingFee
|
15000 | USD |
CY2020Q4 | crex |
Prepaid Nassdaq Listing Fee
PrepaidNassdaqListingFee
|
0 | USD |
CY2021Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
118000 | USD |
CY2020Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
46000 | USD |
CY2021Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
650000 | USD |
us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
1123000 | USD | |
CY2021Q3 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
1347000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
559000 | USD |
CY2021Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
40000 | USD |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
21000 | USD |
CY2021Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1307000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
538000 | USD |
CY2021Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1280000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
538000 | USD |
CY2021Q3 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
27000 | USD |
CY2020Q4 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
0 | USD |
CY2020Q4 | crex |
Trade Receivables
TradeReceivables
|
538000 | USD |
CY2021Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
158000 | USD |
CY2020Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
53000 | USD |
CY2020Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
190000 | USD |
CY2021Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2084000 | USD |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1742000 | USD |
CY2021Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3059000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2734000 | USD |
CY2021Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
63000 | USD |
CY2020Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
34000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
158000 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
128000 | USD | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1171000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
24929000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-1692000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
23237000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-919000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
252000 | USD |
us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P8Y6M | ||
crex |
Devloped Technologies
DevlopedTechnologies
|
P5Y8M12D | ||
CY2021Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
236000 | USD |
CY2020Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
16000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
412000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
46000 | USD | |
CY2021Q3 | us-gaap |
Payments For Software
PaymentsForSoftware
|
270000 | USD |
CY2020Q3 | us-gaap |
Payments For Software
PaymentsForSoftware
|
0 | USD |
us-gaap |
Payments For Software
PaymentsForSoftware
|
361000 | USD | |
us-gaap |
Payments For Software
PaymentsForSoftware
|
0 | USD | |
CY2021Q2 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
21520000 | USD |
CY2021Q1 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
2238000 | USD |
CY2020 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
121000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
507000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
2110000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
2553000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2849000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
15218000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
23237000 | USD |
crex |
Goodwill Carrying Amounttabletextblock
GoodwillCarryingAmounttabletextblock
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Goodwill</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Balance at December 31, 2020</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">272</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px">Centric Telecom business acquisition</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,123</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px">NetSapiens business acquisition</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">26,734</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Balance at September 30, 2021</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">28,129</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table> | ||
crex |
Goodwill Ending
GoodwillEnding
|
272000 | USD | |
crex |
Centric Telecom Business Acquisition
CentricTelecomBusinessAcquisition
|
1123000 | USD | |
crex |
Business Acquisition
BusinessAcquisition
|
26734000 | USD | |
crex |
Goodwill Ending Balance
GoodwillEndingBalance
|
28129 | USD | |
CY2021Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
698000 | USD |
CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
513000 | USD |
CY2021Q3 | crex |
Accrued Accounts Payable
AccruedAccountsPayable
|
915000 | USD |
CY2020Q4 | crex |
Accrued Accounts Payable
AccruedAccountsPayable
|
505000 | USD |
CY2021Q3 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
2616000 | USD |
CY2020Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
438000 | USD |
CY2021Q3 | crex |
Product Warranty Liability
ProductWarrantyLiability
|
34000 | USD |
CY2020Q4 | crex |
Product Warranty Liability
ProductWarrantyLiability
|
33000 | USD |
CY2021Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
88000 | USD |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
139000 | USD |
CY2021Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4351000 | USD |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1628000 | USD |
CY2019Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
37000 | USD |
CY2020 | us-gaap |
Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
|
33000 | USD |
CY2020 | us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
-10000 | USD |
CY2020 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
27000 | USD |
CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
33000 | USD |
us-gaap |
Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
|
27000 | USD | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
26000 | USD | |
CY2021Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
34000 | USD |
CY2021Q3 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
15000 | USD |
CY2020Q3 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
11000 | USD |
us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
27000 | USD | |
us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
29000 | USD | |
CY2021Q3 | us-gaap |
Notes Payable
NotesPayable
|
1891000 | USD |
CY2020Q4 | us-gaap |
Notes Payable
NotesPayable
|
1944000 | USD |
CY2021Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
73000 | USD |
CY2021Q3 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
1818000 | USD |
CY2020Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
1873000 | USD |
CY2021Q3 | us-gaap |
Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
|
2000000 | USD |
crex |
Lessee Leasing Arrangement Operating Leases Term Of Contract
LesseeLeasingArrangementOperatingLeasesTermOfContract
|
P7Y | ||
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
19000 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
74000 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
76000 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
79000 | USD |
CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
1643000 | USD |
CY2021Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1891000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
44 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
0 | USD |
CY2021Q3 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
746000 | USD |
CY2020Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
0 | USD |
crex |
Continguent Consideration
ContinguentConsideration
|
746000 | USD | |
CY2020 | crex |
Continguent Consideration
ContinguentConsideration
|
121000 | USD |
CY2019Q4 | crex |
Fair Value Level Three
FairValueLevelThree
|
175000 | USD |
CY2020 | crex |
Fair Value Adjustments Cash Payments
FairValueAdjustmentsCashPayments
|
-54000 | USD |
CY2020 | crex |
Level3 Adjustments
Level3Adjustments
|
-121000 | USD |
CY2020Q4 | crex |
Fair Value Level Three
FairValueLevelThree
|
0 | USD |
us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
746000 | USD | |
crex |
Fair Value Adjustments Cash Payments
FairValueAdjustmentsCashPayments
|
0 | USD | |
crex |
Level3 Adjustments
Level3Adjustments
|
0 | USD | |
CY2021Q3 | crex |
Fair Value Level Three
FairValueLevelThree
|
746000 | USD |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
6054000 | USD | |
CY2021Q3 | us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
0 | USD |
CY2020Q3 | us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
0 | USD |
CY2021Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
0 | USD |
us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
50000000 | USD | |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
0 | USD | |
CY2020Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
0 | USD |
us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
0 | USD | |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
25000000 | USD | |
us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.0300 | pure | |
us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.1509 | pure | |
CY2021Q3 | crex |
Product Expense
ProductExpense
|
20000000 | USD |
CY2020Q3 | crex |
Product Expense
ProductExpense
|
0 | USD |
crex |
Product Expense
ProductExpense
|
48000000 | USD | |
crex |
Product Expense
ProductExpense
|
0 | USD | |
CY2021Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
13000000 | USD |
CY2020Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
0 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
21000000 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
0 | USD | |
us-gaap |
Lessee Operating Lease Description
LesseeOperatingLeaseDescription
|
The outstanding balance for finance leases was $367,000 and $84,000 as of September 30, 2021 and December 31, 2020, respectively. The Company recorded assets classified as property and equipment under finance lease obligations of $497,000 and $129,000 as of September 30, 2021 and December 31, 2020, respectively. Related accumulated depreciation totaled $165,000 and $60,000 as of September 30, 2021 and 2020, respectively. The $39,000 in support contracts were classified as a prepaid expense and are being amortized over the service period of 3 years | ||
CY2020Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2000000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6000000 | USD | |
CY2021Q3 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.0137 | pure |
CY2020Q3 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.067 | pure |
CY2021Q3 | crex |
Product Revenue Services
ProductRevenueServices
|
54000000 | USD |
CY2020Q3 | crex |
Product Revenue Services
ProductRevenueServices
|
0 | USD |
crex |
Product Revenue Services
ProductRevenueServices
|
148000000 | USD | |
crex |
Product Revenue Services
ProductRevenueServices
|
0 | USD |