2024 Q4 Form 10-Q Financial Statement
#000143774924034529 Filed on November 12, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $5.845M | |
YoY Change | -8.28% | |
Cost Of Revenue | $4.366M | |
YoY Change | 1.89% | |
Gross Profit | $1.479M | |
YoY Change | -29.17% | |
Gross Profit Margin | 25.3% | |
Selling, General & Admin | $2.317M | |
YoY Change | -8.96% | |
% of Gross Profit | 156.66% | |
Research & Development | $137.0K | |
YoY Change | -21.71% | |
% of Gross Profit | 9.26% | |
Depreciation & Amortization | $373.0K | |
YoY Change | -7.67% | |
% of Gross Profit | 25.22% | |
Operating Expenses | $2.454M | |
YoY Change | -9.78% | |
Operating Profit | -$975.0K | |
YoY Change | 54.27% | |
Interest Expense | $175.0K | |
YoY Change | 7.36% | |
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | -$1.150M | |
YoY Change | 44.65% | |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$1.150M | |
YoY Change | 44.29% | |
Net Earnings / Revenue | -19.67% | |
Basic Earnings Per Share | -$0.16 | |
Diluted Earnings Per Share | -$0.16 | |
COMMON SHARES | ||
Basic Shares Outstanding | 7.156M | 6.960M |
Diluted Shares Outstanding | 7.004M |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $780.0K | |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | $7.185M | |
Prepaid Expenses | ||
Receivables | $1.592M | |
Other Receivables | ||
Total Short-Term Assets | $10.13M | |
YoY Change | -20.18% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $9.505M | |
YoY Change | -11.79% | |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $122.0K | |
YoY Change | 38.64% | |
Total Long-Term Assets | $13.79M | |
YoY Change | -10.45% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $10.13M | |
Total Long-Term Assets | $13.79M | |
Total Assets | $23.91M | |
YoY Change | -14.85% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.132M | |
YoY Change | 53.16% | |
Accrued Expenses | $619.0K | |
YoY Change | -30.99% | |
Deferred Revenue | $272.0K | |
YoY Change | 114.17% | |
Short-Term Debt | $1.000M | |
YoY Change | -59.68% | |
Long-Term Debt Due | $6.019M | |
YoY Change | 4.92% | |
Total Short-Term Liabilities | $9.575M | |
YoY Change | 10.58% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.000M | |
YoY Change | 0.0% | |
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $1.000M | |
YoY Change | 0.0% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $9.575M | |
Total Long-Term Liabilities | $1.000M | |
Total Liabilities | $14.22M | |
YoY Change | 3.99% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$25.25M | |
YoY Change | 27.54% | |
Common Stock | $143.0K | |
YoY Change | 10.85% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $9.692M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $23.91M | |
YoY Change | -14.85% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$1.150M | |
YoY Change | 44.29% | |
Depreciation, Depletion And Amortization | $373.0K | |
YoY Change | -7.67% | |
Cash From Operating Activities | ||
YoY Change | ||
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | ||
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | ||
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | ||
Cash From Investing Activities | ||
Cash From Financing Activities | ||
Net Change In Cash | ||
YoY Change | ||
FREE CASH FLOW | ||
Cash From Operating Activities | ||
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
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Cyanotech Corp | ||
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Number Of Shareholder Approved Sharebased Compensation Plans
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March 6, 2024 | |
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Michael Davis | |
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73-4460 Queen Kaahumanu Hwy. #102 | ||
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|
6328000 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7004000 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6366000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6976000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6328000 | ||
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10660000 | usd |
CY2024Q3 | cyan |
Stock Issued During Period Value Director Stock Grants
StockIssuedDuringPeriodValueDirectorStockGrants
|
94000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
10000 | usd |
CY2024Q3 | cyan |
Stock Issued Value Issued In Lieu Of Cash For Prior Year Board Fees
StockIssuedValueIssuedInLieuOfCashForPriorYearBoardFees
|
40000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
-4000 | usd |
CY2024Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
-0 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
42000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1150000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9692000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15040000 | usd |
CY2023Q3 | cyan |
Stock Issued During Period Value Director Stock Grants
StockIssuedDuringPeriodValueDirectorStockGrants
|
126000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
-11000 | usd |
CY2023Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
-0 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
49000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-797000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14407000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11814000 | usd |
cyan |
Stock Issued During Period Value Director Stock Grants
StockIssuedDuringPeriodValueDirectorStockGrants
|
94000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
10000 | usd | |
cyan |
Stock Issued Value Issued In Lieu Of Cash For Prior Year Board Fees
StockIssuedValueIssuedInLieuOfCashForPriorYearBoardFees
|
40000 | usd | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
-4000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
-0 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
90000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2352000 | usd | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9692000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16347000 | usd |
cyan |
Stock Issued During Period Value Director Stock Grants
StockIssuedDuringPeriodValueDirectorStockGrants
|
126000 | usd | |
cyan |
Stock Issued Value Issued In Lieu Of Cash For Prior Year Board Fees
StockIssuedValueIssuedInLieuOfCashForPriorYearBoardFees
|
15000 | usd | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
-11000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
-0 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
96000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2166000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14407000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2352000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2166000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
751000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
811000 | usd | |
cyan |
Amortization Correction Of Debt Issuance Costs
AmortizationCorrectionOfDebtIssuanceCosts
|
13000 | usd | |
cyan |
Amortization Correction Of Debt Issuance Costs
AmortizationCorrectionOfDebtIssuanceCosts
|
15000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
140000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
242000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
194000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
222000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
11000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-510000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
110000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-128000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1116000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
100000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-49000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
651000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
437000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-98000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-188000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
74000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
38000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-112000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-236000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
0 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-3000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-201000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
238000 | usd | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
105000 | usd | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
286000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-105000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-286000 | usd | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
240000 | usd | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
335000 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
0 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
275000 | usd | |
cyan |
Proceeds From Lines Of Credit Related Parties
ProceedsFromLinesOfCreditRelatedParties
|
750000 | usd | |
cyan |
Proceeds From Lines Of Credit Related Parties
ProceedsFromLinesOfCreditRelatedParties
|
500000 | usd | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
127000 | usd | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
118000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
4000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
12000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
379000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
310000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
73000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
262000 | usd | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
707000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
974000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
780000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1236000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
330000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
273000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
9000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
6000 | usd | |
CY2024Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
780000 | usd |
CY2024Q3 | cyan |
Working Capital Deficit
WorkingCapitalDeficit
|
550000 | usd |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
707000 | usd |
CY2024Q1 | cyan |
Working Capital Deficit
WorkingCapitalDeficit
|
2037000 | usd |
CY2024Q3 | cyan |
Long Term Debt And Capital Lease Obligations Current And Noncurrent
LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent
|
3093000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Use of Estimates</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:45pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosures of any contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the periods reported. Management reviews these estimates and assumptions periodically and reflects the effect of revisions in the period that they are determined to be necessary. Actual results could differ from those estimates and assumptions.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"></p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Concentration Risk</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:45pt;">A significant portion of revenues and accounts receivables are derived from a few major customers. For the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> September 30, 2024, </em>two customers individually accounted for 33% and 9% of the Company’s total net sales, and for the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> September 30, 2023, </em>two customers individually accounted for 42% and 16% of the Company’s total net sales. For the <em style="font: inherit;">six</em> months ended <em style="font: inherit;"> September 30, 2024, </em><span style="-sec-ix-hidden:c120491485">two</span> customers individually accounted for 32% and 11% of the Company’s total net sales, and for the <em style="font: inherit;">six</em> months ended <em style="font: inherit;"> September 30, 2023, </em>two customers individually accounted for 38% and 17% of the Company’s total net sales. Two customers accounted for 70% and 72% of the Company’s accounts receivable balance as of <em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;"> March 31, 2024, </em>respectively.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"></p> | ||
CY2024Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
33 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
3000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
45000 | usd | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
18000 | usd | |
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5845000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6373000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11743000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11519000 | usd | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Reclassifications</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:45pt;">Certain reclassifications have been made to prior period amounts to conform to the current period financial statement presentation. There was <em style="font: inherit;">no</em> impact on previously reported financial statements for the periods presented.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"></p> | ||
CY2024Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
835000 | usd |
CY2024Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
1149000 | usd |
CY2024Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
3942000 | usd |
CY2024Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
2195000 | usd |
CY2024Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2058000 | usd |
CY2024Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
3658000 | usd |
CY2024Q3 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
350000 | usd |
CY2024Q1 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
311000 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
7185000 | usd |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
7313000 | usd |
CY2024Q3 | cyan |
Inventory Abnormal Production Costs
InventoryAbnormalProductionCosts
|
31000 | usd |
CY2023Q3 | cyan |
Inventory Abnormal Production Costs
InventoryAbnormalProductionCosts
|
0 | usd |
cyan |
Inventory Abnormal Production Costs
InventoryAbnormalProductionCosts
|
53000 | usd | |
cyan |
Inventory Abnormal Production Costs
InventoryAbnormalProductionCosts
|
133000 | usd | |
CY2024Q3 | cyan |
Non Inventoriable Fixed Costs
NonInventoriableFixedCosts
|
15000 | usd |
CY2023Q3 | cyan |
Non Inventoriable Fixed Costs
NonInventoriableFixedCosts
|
136000 | usd |
cyan |
Non Inventoriable Fixed Costs
NonInventoriableFixedCosts
|
83000 | usd | |
cyan |
Non Inventoriable Fixed Costs
NonInventoriableFixedCosts
|
325000 | usd | |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
37458000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
37398000 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
28250000 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
27500000 | usd |
CY2024Q3 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
297000 | usd |
CY2024Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
211000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
9505000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
10109000 | usd |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
CY2024Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
373000 | usd |
CY2023Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
404000 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
751000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
811000 | usd | |
CY2024Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1000000 | usd |
CY2024Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1240000 | usd |
CY2024Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
74000 | usd |
CY2024Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
80000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
6019000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5630000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1000000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1000000 | usd |
CY2024Q3 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
74000 | usd |
CY2024Q1 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
80000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
4093000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
1000000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
5093000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y10M24D | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.074 | pure |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
434000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
409000 | usd | |
CY2024Q3 | cyan |
Operating Lease Rightofuse Asset Before Accumulated Amortization
OperatingLeaseRightofuseAssetBeforeAccumulatedAmortization
|
6166000 | usd |
CY2024Q1 | cyan |
Operating Lease Rightofuse Asset Before Accumulated Amortization
OperatingLeaseRightofuseAssetBeforeAccumulatedAmortization
|
6149000 | usd |
CY2024Q3 | cyan |
Operating Lease Rightofuse Asset Accumulated Amortization
OperatingLeaseRightofuseAssetAccumulatedAmortization
|
2005000 | usd |
CY2024Q1 | cyan |
Operating Lease Rightofuse Asset Accumulated Amortization
OperatingLeaseRightofuseAssetAccumulatedAmortization
|
1865000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4161000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4284000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
533000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
530000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
3646000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
3744000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4179000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4274000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
409000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
822000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
831000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
524000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
395000 | usd |
CY2024Q3 | cyan |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
2716000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
5697000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1518000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4179000 | usd |
CY2024Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
187000 | usd |
CY2024Q1 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
234000 | usd |
CY2024Q3 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
328000 | usd |
CY2024Q1 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
327000 | usd |
CY2024Q3 | cyan |
Accrued Interest And Legal Liabilities Current
AccruedInterestAndLegalLiabilitiesCurrent
|
28000 | usd |
CY2024Q1 | cyan |
Accrued Interest And Legal Liabilities Current
AccruedInterestAndLegalLiabilitiesCurrent
|
32000 | usd |
CY2024Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
76000 | usd |
CY2024Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
164000 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
619000 | usd |
CY2024Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
757000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
2100000 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1217730 | |
CY2024Q3 | cyan |
Sharebased Compensation Arrangement By Sharebased Payment Award Number Of Shares Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardNumberOfSharesOutstanding
|
625313 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
297000 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.47 | |
CY2024 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y1M6D | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
50000 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.78 | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
347000 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.23 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y8M12D | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
247000 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.64 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y7M6D | ||
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
125000 | |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.16 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
50000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.15 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
75000 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
1.28 | ||
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
100000 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.56 | |
cyan |
Sharebased Compensation Arrangement By Sharebased Payment Award Weighted Average Grant Date Fair Value Options Granted
SharebasedCompensationArrangementBySharebasedPaymentAwardWeightedAverageGrantDateFairValueOptionsGranted
|
8000 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2000 | usd |
CY2024Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.003 | pure |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2000 | usd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.001 | pure | |
CY2024Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2024Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1150000 | usd |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7004000 | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.16 | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-797000 | usd |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6366000 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2352000 | usd | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6976000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.34 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2166000 | usd | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6328000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.34 | ||
CY2024Q3 | ecd |
Trd Arr Securities Agg Avail Amt
TrdArrSecuritiesAggAvailAmt
|
315000 | |
CY2024Q3 | ecd |
Trd Arr Securities Agg Avail Amt
TrdArrSecuritiesAggAvailAmt
|
315000 |