2022 Q3 Form 10-K Financial Statement

#000165495422012824 Filed on September 22, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022
Revenue $12.05M $11.19M $44.34M
YoY Change -2.01% -8.55% -7.24%
Cost Of Revenue $8.410M $8.574M $33.67M
YoY Change -2.62% -13.39% -3.57%
Gross Profit $3.643M $2.617M $10.67M
YoY Change -0.59% 11.96% -17.17%
Gross Profit Margin 30.22% 23.39% 24.07%
Selling, General & Admin $4.118M $4.105M $15.43M
YoY Change 0.52% -9.94% -6.15%
% of Gross Profit 113.04% 156.83% 144.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $344.1K $350.1K $393.8K
YoY Change -5.21% -14.75% -75.85%
% of Gross Profit 9.45% 13.38% 3.69%
Operating Expenses $4.118M $4.105M $15.43M
YoY Change 0.52% -9.94% -7.31%
Operating Profit -$475.0K -$1.487M -$4.756M
YoY Change 9.87% -32.99% 26.48%
Interest Expense $31.46K -$35.17K $148.0K
YoY Change -21.56% -29.01% -168.63%
% of Operating Profit
Other Income/Expense, Net -$30.93K -$43.07K $763.0K
YoY Change -103.38% -102.59% -68.85%
Pretax Income $505.9K -$1.566M -$3.993M
YoY Change 4.82% -153.73% -300.53%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$505.9K -$1.566M -$3.993M
YoY Change -204.82% -153.37% -299.53%
Net Earnings / Revenue -4.2% -13.99% -9.01%
Basic Earnings Per Share -$0.18 -$1.32
Diluted Earnings Per Share -$27.29K -$86.09K -$223.7K
COMMON SHARES
Basic Shares Outstanding 18.58M shares 18.20M shares 3.571M shares
Diluted Shares Outstanding 3.708M shares 3.571M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $803.6K $550.1K $550.1K
YoY Change -84.96% -90.99% -90.99%
Cash & Equivalents $803.6K $550.1K $550.1K
Short-Term Investments
Other Short-Term Assets $648.2K $742.0K $742.0K
YoY Change -65.03% -48.2% -48.2%
Inventory $11.90M $12.07M $12.07M
Prepaid Expenses $497.0K $590.8K
Receivables $5.529M $5.416M $5.416M
Other Receivables $460.5K $446.5K $446.5K
Total Short-Term Assets $19.34M $19.23M $19.23M
YoY Change -11.21% -8.04% -8.04%
LONG-TERM ASSETS
Property, Plant & Equipment $2.742M $2.911M $4.477M
YoY Change -13.37% -12.52% -22.61%
Goodwill $7.117M $7.117M
YoY Change 0.0% 0.0%
Intangibles $4.082M $4.241M
YoY Change -14.11% -13.96%
Long-Term Investments
YoY Change
Other Assets $365.3K $373.7K $373.7K
YoY Change -9.75% -7.47% -7.47%
Total Long-Term Assets $15.64M $16.21M $16.21M
YoY Change -11.51% -11.11% -11.11%
TOTAL ASSETS
Total Short-Term Assets $19.34M $19.23M $19.23M
Total Long-Term Assets $15.64M $16.21M $16.21M
Total Assets $34.98M $35.43M $35.43M
YoY Change -11.34% -9.47% -9.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.930M $6.169M $6.169M
YoY Change 58.23% 65.04% 65.04%
Accrued Expenses $623.8K $862.4K $3.068M
YoY Change -41.93% -41.93% -23.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.898K $5.362K $326.5K
YoY Change -86.05% -60.13% -6.43%
Total Short-Term Liabilities $10.18M $9.935M $9.935M
YoY Change 18.88% 17.26% 17.26%
LONG-TERM LIABILITIES
Long-Term Debt $1.872M $0.00 $1.939M
YoY Change 93605.21% -100.0% -14.46%
Other Long-Term Liabilities $205.6K $1.862M $1.862M
YoY Change 0.06% 812.89% -35.53%
Total Long-Term Liabilities $205.6K $0.00 $3.800M
YoY Change -0.91% -100.0% -26.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.18M $9.935M $9.935M
Total Long-Term Liabilities $205.6K $0.00 $3.800M
Total Liabilities $13.73M $13.74M $13.74M
YoY Change 2.8% 0.8% 0.8%
SHAREHOLDERS EQUITY
Retained Earnings -$20.49M -$19.82M
YoY Change 38.52% 31.32%
Common Stock $33.76M $33.53M
YoY Change 2.58% 2.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.25M $21.70M $21.70M
YoY Change
Total Liabilities & Shareholders Equity $34.98M $35.43M $35.43M
YoY Change -11.34% -9.47% -9.47%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022
OPERATING ACTIVITIES
Net Income -$505.9K -$1.566M -$3.993M
YoY Change -204.82% -153.37% -299.53%
Depreciation, Depletion And Amortization $344.1K $350.1K $393.8K
YoY Change -5.21% -14.75% -75.85%
Cash From Operating Activities $364.2K -$1.626M -$4.884M
YoY Change -155.6% -2327.93% -1375.44%
INVESTING ACTIVITIES
Capital Expenditures $19.79K -$56.45K $317.8K
YoY Change -1.49% -0.74% -316.39%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$19.79K -$56.45K -$317.8K
YoY Change -1.49% -103.48% -120.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $3.464K
YoY Change
Cash From Financing Activities -$90.97K -89.58K -$350.1K
YoY Change 6.63% 3.18% -117.3%
NET CHANGE
Cash From Operating Activities $364.2K -1.626M -$4.884M
Cash From Investing Activities -$19.79K -56.45K -$317.8K
Cash From Financing Activities -$90.97K -89.58K -$350.1K
Net Change In Cash $253.5K -1.772M -$5.552M
YoY Change -133.33% -210.22% -241.02%
FREE CASH FLOW
Cash From Operating Activities $364.2K -$1.626M -$4.884M
Capital Expenditures $19.79K -$56.45K $317.8K
Free Cash Flow $344.5K -$1.569M -$5.202M
YoY Change -151.02% -1308.54% -1081.87%

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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
178148 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
154200 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-150663 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
214174 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
-247771 usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
58894 usd
CY2022 dynt Amortization Deferred Gain On Saleleaseback
AmortizationDeferredGainOnSaleleaseback
-150448 usd
CY2021 dynt Amortization Deferred Gain On Saleleaseback
AmortizationDeferredGainOnSaleleaseback
-150448 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
3517982 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
377635 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-963329 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5325594 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
492197 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1445798 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-746216 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
16992 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5255 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1505450 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1921573 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4884425 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
382963 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
317811 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
146871 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1678072 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-317811 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1531201 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
13448 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
108713 usd
CY2022 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
336643 usd
CY2021 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
317369 usd
CY2022 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 usd
CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-1012934 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3462195 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-350091 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2023179 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-5552327 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3937343 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6253644 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2316301 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
701317 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6253644 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
148004 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
184690 usd
CY2022 dynt Deemed Dividend On8 Convertible Preferred Stock
DeemedDividendOn8ConvertiblePreferredStock
0 usd
CY2021 dynt Deemed Dividend On8 Convertible Preferred Stock
DeemedDividendOn8ConvertiblePreferredStock
51352 usd
CY2022 dynt Preferred Stock Dividend In Common Stock Issued Or To Be Issued
PreferredStockDividendInCommonStockIssuedOrToBeIssued
733384 usd
CY2021 dynt Preferred Stock Dividend In Common Stock Issued Or To Be Issued
PreferredStockDividendInCommonStockIssuedOrToBeIssued
740657 usd
CY2022 dynt Inventory Reclassified To Loaner Equipment
InventoryReclassifiedToLoanerEquipment
28168 usd
CY2021 dynt Inventory Reclassified To Loaner Equipment
InventoryReclassifiedToLoanerEquipment
50465 usd
CY2022 us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
0 usd
CY2021 us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
790010 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Dynatronics Corporation (“Company,” “Dynatronics”) is a leading medical device company committed to providing high-quality products designed to accelerate optimal health. The Company designs, manufactures, and sells a broad range of products for clinical use in physical therapy, rehabilitation, pain management, and athletic training. Through its distribution channels, Dynatronics markets and sells to orthopedists, physical therapists, chiropractors, athletic trainers, sports medicine practitioners, clinics, and hospitals. </p>
CY2022Q2 dynt Cash And Cash Equivalents
CashAndCashEquivalents
550000 usd
CY2021Q2 dynt Cash And Cash Equivalents
CashAndCashEquivalents
6102000 usd
CY2022Q2 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
151000 usd
CY2021 dynt Cash And Cash Equivalents In Excess Of Federally Insured Limits
CashAndCashEquivalentsInExcessOfFederallyInsuredLimits
6200000 usd
CY2021Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.057 pure
CY2022 dynt Option Granted Description
OptionGrantedDescription
The Company granted options for the purchase of zero and 15,000 shares of common stock under its equity incentive plans during fiscal years 2022 and 2021, respectively. The options were granted at not less than 100% of the market price of the underlying common stock at the date of grant. Option terms are determined by the Board of Directors or the Compensation Committee of the Board of Directors, and exercise dates may range from 6 months to 10 years from the date of grant.
CY2022 dynt Diluted Net Loss
DilutedNetLoss
7814500 shares
CY2021 dynt Diluted Net Loss
DilutedNetLoss
10474918 shares
CY2021 dynt Income Tax Reconciliation Change In Deferred Tax Assets Incentive Stock Options
IncomeTaxReconciliationChangeInDeferredTaxAssetsIncentiveStockOptions
-11256 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-978 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
6027 usd
CY2022 us-gaap Unusual Risk Or Uncertainty Impact
UnusualRiskOrUncertaintyImpact
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) provided an employee retention credit which was a refundable tax credit against certain employment taxes. The Consolidated Appropriations Act extended and expanded the availability of the employee retention credit through June 30, 2021. Subsequently, the American Rescue Plan Act of 2021 extended the availability of the employee retention credit through December 31, 2021. This new legislation amended the employee retention credit to be equal to 70% of qualified wages paid to employees after December 31, 2020, and before January 1, 2022. During calendar year 2021, a maximum of $10,000 in qualified wages for each employee per qualifying calendar quarter may be counted in determining the 70% credit. Therefore, the maximum tax credit that can be claimed by an eligible employer is $7,000 per employee per qualifying calendar quarter of 2021. The Company qualifies for the employee retention credit for quarters that experience a significant decline in gross receipts, defined as quarterly gross receipts that are less than 80 percent of its gross receipts for the same calendar quarter in 2019. The Infrastructure Investment and Jobs Act retroactively ended the employee retention credit as of September 30, 2021.
CY2022 dynt Employee Retention Credit
EmployeeRetentionCredit
1143000 usd
CY2021 dynt Employee Retention Credit
EmployeeRetentionCredit
2117000 usd
CY2022 dynt Other Receivables Contract Manufacturer
OtherReceivablesContractManufacturer
446000 usd
CY2021 us-gaap Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
522000 usd
CY2021 dynt Other Receivables Contract Manufacturer
OtherReceivablesContractManufacturer
652000 usd
CY2022 dynt Concentration Of Risk
ConcentrationOfRisk
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">In the normal course of business, the Company provides unsecured credit to its customers. Most of the Company’s customers are involved in the medical industry. The Company performs ongoing credit evaluations of its customers and maintains allowances for probable losses which, when realized, have been within the range of management’s expectations. The Company maintains its cash in bank deposit accounts which at times may exceed federally insured limits.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">As of June 30, 2022 and 2021, the Company had approximately $455,000 and $6,200,000, respectively, in cash and cash equivalents in excess of federally insured limits. The Company has not experienced any losses in such accounts.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Certain of the Company’s employees are covered by a collective bargaining agreement. As of June 30, 2022, approximately 35% of the Company’s employees were covered by a collective bargaining agreement scheduled to expire in 2025. </p>
CY2022 dynt Cash And Cash Equivalents In Excess Of Federally Insured Limits
CashAndCashEquivalentsInExcessOfFederallyInsuredLimits
455000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Management of the Company has made a number of estimates and assumptions relating to the reporting of assets, liabilities, revenues and expenses, and the disclosure of contingent assets and liabilities in accordance with U.S. GAAP. Significant items subject to such estimates and assumptions include the impairment and useful lives of long-lived assets; valuation allowances for doubtful accounts receivables, deferred income taxes, and obsolete inventories; accrued product warranty costs; and fair values of assets acquired and liabilities assumed in an acquisition. Actual results could differ from those estimates.</p>
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9982 usd
CY2022 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
2.70
CY2021 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
0.93
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
6536951 usd
CY2021Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
3863212 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
313549 usd
CY2021Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
784460 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5599997 usd
CY2021Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2505399 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
379205 usd
CY2021Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
626976 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
12071292 usd
CY2021Q2 us-gaap Inventory Net
InventoryNet
6526095 usd
CY2022 dynt Finite Lived Intangible Assets Accumulated Amortization Disposals
FiniteLivedIntangibleAssetsAccumulatedAmortizationDisposals
0 usd
CY2022Q2 dynt Accumulated Amortization Ending
AccumulatedAmortizationEnding
3464275 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4240725 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
688150 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
754116 usd
CY2021Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2195473 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
846304 usd
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
864081 usd
CY2022Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
321085 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6936231 usd
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7229969 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4024811 usd
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3901784 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2911420 usd
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3328185 usd
CY2021Q2 dynt Purchase Price
PurchasePrice
1750000 usd
CY2021Q2 dynt Net Proceeds
NetProceeds
1649822 usd
CY2021Q2 dynt Gain
Gain
812303 usd
CY2022 us-gaap Depreciation
Depreciation
393756 usd
CY2021 us-gaap Depreciation
Depreciation
505102 usd
CY2022 dynt Finance Lease Asset
FinanceLeaseAsset
3800000 usd
CY2020Q2 dynt Gross Carrying Amount Beginning
GrossCarryingAmountBeginning
8071400 usd
CY2021 dynt Finite Lived Intangible Assets Gross Addition
FiniteLivedIntangibleAssetsGrossAddition
0 usd
CY2021 dynt Finite Lived Intangible Assets Gross Disposals
FiniteLivedIntangibleAssetsGrossDisposals
-366400 usd
CY2020Q2 dynt Accumulated Amortization Beginning
AccumulatedAmortizationBeginning
2388409 usd
CY2021 dynt Finite Lived Intangible Assets Accumulated Amortization Additions
FiniteLivedIntangibleAssetsAccumulatedAmortizationAdditions
724383 usd
CY2021 dynt Finite Lived Intangible Assets Accumulated Amortization Disposals
FiniteLivedIntangibleAssetsAccumulatedAmortizationDisposals
-336667 usd
CY2021Q2 dynt Accumulated Amortization Ending
AccumulatedAmortizationEnding
2776125 usd
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4928875 usd
CY2021Q2 dynt Gross Carrying Amount Beginning
GrossCarryingAmountBeginning
7705000 usd
CY2022 dynt Finite Lived Intangible Assets Gross Addition
FiniteLivedIntangibleAssetsGrossAddition
0 usd
CY2022 dynt Finite Lived Intangible Assets Gross Disposals
FiniteLivedIntangibleAssetsGrossDisposals
0 usd
CY2022Q2 dynt Gross Carrying Amount Ending9
GrossCarryingAmountEnding9
7705000 usd
CY2021Q2 dynt Accumulated Amortization Beginning
AccumulatedAmortizationBeginning
2776125 usd
CY2022 dynt Finite Lived Intangible Assets Accumulated Amortization Additions
FiniteLivedIntangibleAssetsAccumulatedAmortizationAdditions
688150 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
622450 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
618300 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
618300 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
618300 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
571550 usd
CY2022Q2 dynt Finite Lived Intangible Assets Amortization Expense After Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearSix
107825 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3156725 usd
CY2022 dynt Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
P2Y
CY2021 dynt Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
P2Y9M18D
CY2022Q2 us-gaap Debt Instrument Maturity Date Range End1
DebtInstrumentMaturityDateRangeEnd1
2022-01-15
CY2022Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
11000000 usd
CY2022Q2 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0225 pure
CY2022Q2 dynt Unused Line Fee
UnusedLineFee
0.0025 pure
CY2021Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
0 usd
CY2022Q2 dynt Long Term Debts
LongTermDebts
5362 usd
CY2021Q2 dynt Long Term Debts
LongTermDebts
18810 usd
CY2022 dynt Leases Recorded On The Balance Sheet
LeasesRecordedOnTheBalanceSheet
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;margin-left:auto;margin-right:auto;width:85%"><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" style="vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Classification on the Balance Sheet</strong></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;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>June 30, 2022</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;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>June 30, 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></tr><tr style="height:15px"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Lease Assets</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><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="ffcell" colspan="2"><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 style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2"><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></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">Operating lease assets</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:40%;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Operating lease assets, net</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;">1,565,530</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;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2,456,539</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Finance lease assets</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Property and equipment, net</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">1,860,016</td><td style="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 style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">2,195,473</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;background-color:#cceeff"><td/><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="ffcell"><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 style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><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 colspan="3" style="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"><strong>Lease Liabilities</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><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 style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><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 style="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="ffcell"><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></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">Current</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><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 style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><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 style="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="ffcell"><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></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;text-indent:9pt">Operating</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Current portion of operating lease liability</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">846,304</td><td style="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 style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">864,081</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:9pt">Finance</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Current portion of finance lease liability</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">321,085</td><td style="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 style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">335,444</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Noncurrent</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:9pt">Operating</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Operating lease liability, net of current portion</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">727,310</td><td style="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 style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">1,605,477</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px;text-indent:9pt">Finance</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Finance lease liability, net of current portion</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">1,938,531</td><td style="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 style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">2,260,815</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1565530 usd
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2456539 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1860016 usd
CY2021Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
335444 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
727310 usd
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1605477 usd
CY2022Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
1938531 usd
CY2021Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
2260815 usd
CY2022 dynt Finance Lease Weighted Average Remaining Lease Term
FinanceLeaseWeightedAverageRemainingLeaseTerm
P7Y
CY2021 dynt Finance Lease Weighted Average Remaining Lease Term
FinanceLeaseWeightedAverageRemainingLeaseTerm
P7Y7M6D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046 pure
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046 pure
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.056 pure
CY2022 us-gaap Lease Cost
LeaseCost
1470515 usd
CY2021 us-gaap Lease Cost
LeaseCost
1601550 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
943168 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
445280 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
200000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
384754 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
0 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
392446 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
400292 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
0 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
408304 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
912306 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1143168 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2943382 usd
CY2022Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
477277 usd
CY2022Q2 us-gaap Deferred Rent Credit
DeferredRentCredit
206489 usd
CY2022 dynt Operating Leases Extension
OperatingLeasesExtension
The Company has exercised the option to extend the term of the New Jersey facility and the Minnesota facility operating leases by two years through April 2023 and October 2024, respectively
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
390000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
600000 usd
CY2022 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
995811 usd
CY2021 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1048311 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2021Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2022Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
14826000 usd
CY2022Q3 dynt Term Life
TermLife
P15Y
CY2022Q3 dynt Sale
Sale
3800000 usd
CY2022Q3 dynt Sale Of The Building
SaleOfTheBuilding
2269255 usd
CY2021 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
2.70
CY2022Q2 dynt Deferred Gain
DeferredGain
1078210 usd
CY2021Q2 dynt Deferred Gain
DeferredGain
1228658 usd
CY2022Q2 dynt Current Portion Of Deferred Gain
CurrentPortionOfDeferredGain
150448 usd
CY2021Q2 dynt Current Portion Of Deferred Gain
CurrentPortionOfDeferredGain
150448 usd
CY2022Q2 dynt Deferred Gain Net Of Current Portion
DeferredGainNetOfCurrentPortion
927762 usd
CY2021Q2 dynt Deferred Gain Net Of Current Portion
DeferredGainNetOfCurrentPortion
1078210 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
0 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-9782 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-9782 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-200 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-200 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-9982 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9982 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
838554 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-420665 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
125854 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
50593 usd
CY2022 dynt Gains Losses Extinguishment Of Debt
GainsLossesExtinguishmentOfDebt
0 usd
CY2021 dynt Gains Losses Extinguishment Of Debt
GainsLossesExtinguishmentOfDebt
738776 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-939878 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-353493 usd
CY2022 dynt Income Tax Reconciliation Change In Deferred Tax Assets Incentive Stock Options
IncomeTaxReconciliationChangeInDeferredTaxAssetsIncentiveStockOptions
-23551 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
72773 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
78831 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
91016 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
163014 usd
CY2022Q2 dynt Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsEmployeeBenefits
60773 usd
CY2021Q2 dynt Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsEmployeeBenefits
98728 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
47321 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
51143 usd
CY2022Q2 dynt Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilitiesOther
136384 usd
CY2021Q2 dynt Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilitiesOther
166700 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
203342 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
162598 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
114130 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
103710 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
34830 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
151772 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
467701 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
589427 usd
CY2022Q2 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
0 usd
CY2021Q2 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
-384072 usd
CY2022Q2 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
258790 usd
CY2021Q2 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
471159 usd
CY2022Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3585760 usd
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2713815 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5003159 usd
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4063281 usd
CY2022 dynt Customer Exceeded
CustomerExceeded
0.10 pure
CY2022 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
717047 shares
CY2022 us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
330000 shares
CY2022 dynt Equity Incentive Paln Description
EquityIncentivePalnDescription
On December 3, 2018, the shareholders approved the 2018 equity incentive plan (“2018 Equity Plan”), setting aside 600,000 shares of common stock. On December 10, 2020, the shareholders approved a new 2020 equity incentive plan (“2020 Equity Plan”), setting aside 1,000,000 shares of common stock. Share remaining available under the 2018 Equity Plan are eligible for use under the 2020 Equity Plan. Incentive and nonqualified stock options, restricted common stock, stock appreciation rights, and other share-based awards may be granted under the plans including performance-based awards.
CY2022Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
1170653 shares
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y9M
CY2021 dynt Weighted Average Fair Value Of Options Granted Per Share
WeightedAverageFairValueOfOptionsGrantedPerShare
0.43
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
140000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.56
CY2022 dynt Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
P5Y9M
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
149000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.80
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
15000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.93
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
24000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
2.65
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
140000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.56
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y9M
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
140000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.56
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
77500 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.80
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
46250 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.91
CY2022 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
0.93
CY2022 dynt Description Of Cash Flow
DescriptionOfCashFlow
cash flows from consolidated operations, and current capital resources provide sufficient liquidity to fund operations through at least September 30, 2023.
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
178148 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
154200 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
74667 usd
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
6895 usd
CY2022Q2 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
3351000 shares
CY2021 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
330000 shares
CY2022Q2 dynt Warrants Issued And Outstanding
WarrantsIssuedAndOutstanding
4323500 shares
CY2022Q2 us-gaap Share Price
SharePrice
2.75
CY2022 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P72Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
2415000 shares
CY2021 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
51352 usd
CY2022Q2 us-gaap Common Unit Issuance Value
CommonUnitIssuanceValue
733784 usd
CY2021Q2 us-gaap Common Unit Issuance Value
CommonUnitIssuanceValue
738311 usd
CY2022Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
182068 usd
us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
298434 shares
CY2022 dynt Description Of Employee Benefit Plan
DescriptionOfEmployeeBenefitPlan
For fiscal year 2022 and 2021, the Company made matching contributions of 50% of the first 6% of each employee’s contribution up to a maximum of $3,000, with a four-year vesting schedule
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
188334 usd
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
125526 usd
CY2022Q2 us-gaap Cash
Cash
550100 usd
CY2021Q2 us-gaap Cash
Cash
6102447 usd
CY2022Q2 dynt Rebate Liability
RebateLiability
217158 usd
CY2021Q2 dynt Rebate Liability
RebateLiability
219591 usd
CY2022Q2 dynt Allowance For Sales Discounts
AllowanceForSalesDiscounts
17632 usd
CY2021Q2 dynt Allowance For Sales Discounts
AllowanceForSalesDiscounts
9000 usd
CY2022 us-gaap Revenues
Revenues
44338490 usd
CY2021 us-gaap Revenues
Revenues
47798654 usd
CY2022 dynt Costs Associated With These Exit Activities
CostsAssociatedWithTheseExitActivities
1001000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
158000 usd
CY2022 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
843000 usd

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