2023 Q3 Form 10-Q Financial Statement
#000102373123000129 Filed on August 08, 2023
Income Statement
| Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
|---|---|---|---|
| Revenue | $185.0M | $183.3M | $187.6M |
| YoY Change | -1.28% | -2.31% | 26.49% |
| Cost Of Revenue | $57.10M | $54.67M | $66.67M |
| YoY Change | -7.17% | -18.0% | 11.58% |
| Gross Profit | $127.9M | $128.6M | $120.9M |
| YoY Change | 1.61% | 6.34% | 36.55% |
| Gross Profit Margin | 69.14% | 70.17% | 64.46% |
| Selling, General & Admin | $96.27M | $94.73M | $112.7M |
| YoY Change | -10.73% | -15.98% | 10.53% |
| % of Gross Profit | 75.27% | 73.66% | 93.22% |
| Research & Development | $34.21M | $35.29M | $34.96M |
| YoY Change | -4.75% | 0.96% | 37.66% |
| % of Gross Profit | 26.75% | 27.44% | 28.9% |
| Depreciation & Amortization | $11.84M | $2.126M | $2.789M |
| YoY Change | -13.02% | -23.77% | -4.55% |
| % of Gross Profit | 9.26% | 1.65% | 2.31% |
| Operating Expenses | $187.6M | $184.7M | $214.4M |
| YoY Change | 27.73% | -13.84% | 14.54% |
| Operating Profit | -$2.583M | -$1.410M | -$26.75M |
| YoY Change | -87.69% | -94.73% | -31.09% |
| Interest Expense | -$8.929M | -$8.970M | -$1.456M |
| YoY Change | 47.54% | 516.07% | -69.95% |
| % of Operating Profit | |||
| Other Income/Expense, Net | -$5.258M | -$12.47M | $1.116M |
| YoY Change | -137.69% | -1217.65% | -123.14% |
| Pretax Income | -$7.841M | -$13.88M | -$25.64M |
| YoY Change | -28.98% | -45.85% | -41.26% |
| Income Tax | -$389.0K | $1.444M | $405.0K |
| % Of Pretax Income | |||
| Net Earnings | -$7.452M | -$15.33M | -$26.04M |
| YoY Change | -35.97% | -41.15% | -40.68% |
| Net Earnings / Revenue | -4.03% | -8.36% | -13.88% |
| Basic Earnings Per Share | -$0.06 | -$0.13 | -$0.22 |
| Diluted Earnings Per Share | -$0.06 | -$0.13 | -$0.22 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 119.9M shares | 116.4M shares | 119.7M shares |
| Diluted Shares Outstanding | 120.8M shares | 116.8M shares | 119.7M shares |
Balance Sheet
| Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $148.8M | $138.2M | $141.6M |
| YoY Change | 13.63% | -2.44% | 0.79% |
| Cash & Equivalents | $144.0M | $122.2M | $92.69M |
| Short-Term Investments | $4.744M | $15.95M | $48.95M |
| Other Short-Term Assets | $33.97M | $32.93M | $38.55M |
| YoY Change | -54.34% | -14.57% | 6.87% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $61.06M | $64.95M | $55.44M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $281.9M | $274.5M | $272.7M |
| YoY Change | 6.93% | 0.64% | 2.44% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $53.51M | $54.54M | $73.88M |
| YoY Change | -56.47% | -26.18% | -18.62% |
| Goodwill | $265.7M | $266.4M | $265.0M |
| YoY Change | 1.27% | 0.51% | 101.39% |
| Intangibles | $96.91M | $102.0M | $122.7M |
| YoY Change | -17.51% | -16.88% | 674.61% |
| Long-Term Investments | $0.00 | ||
| YoY Change | -100.0% | ||
| Other Assets | $14.34M | $15.10M | $18.03M |
| YoY Change | -83.98% | -16.22% | -10.92% |
| Total Long-Term Assets | $541.8M | $554.0M | $616.4M |
| YoY Change | -8.52% | -10.13% | 50.56% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $281.9M | $274.5M | $272.7M |
| Total Long-Term Assets | $541.8M | $554.0M | $616.4M |
| Total Assets | $823.7M | $828.5M | $889.1M |
| YoY Change | -3.76% | -6.82% | 31.6% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $49.39M | $42.54M | $42.58M |
| YoY Change | 12.65% | -0.11% | 28.14% |
| Accrued Expenses | $47.47M | $56.23M | $66.90M |
| YoY Change | -24.29% | -15.96% | 22.39% |
| Deferred Revenue | $33.22M | $40.41M | $34.06M |
| YoY Change | 7.66% | 18.63% | 54.94% |
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $63.15M | $63.04M | |
| YoY Change | |||
| Total Short-Term Liabilities | $229.1M | $236.3M | $175.4M |
| YoY Change | 35.57% | 34.72% | 44.73% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $407.6M | $406.6M | $494.4M |
| YoY Change | -21.12% | -17.77% | 58.06% |
| Other Long-Term Liabilities | $4.460M | $7.227M | $2.936M |
| YoY Change | -94.78% | 146.15% | -45.92% |
| Total Long-Term Liabilities | $4.460M | $7.227M | $497.4M |
| YoY Change | -99.26% | -98.55% | 56.28% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $229.1M | $236.3M | $175.4M |
| Total Long-Term Liabilities | $4.460M | $7.227M | $497.4M |
| Total Liabilities | $713.3M | $723.6M | $755.6M |
| YoY Change | -7.5% | -4.24% | 45.63% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$815.7M | -$808.2M | -$745.8M |
| YoY Change | 7.69% | 8.37% | 17.46% |
| Common Stock | $122.0K | $119.0K | $120.0K |
| YoY Change | 9.91% | -0.83% | 8.11% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $110.4M | $104.9M | $133.5M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $823.7M | $828.5M | $889.1M |
| YoY Change | -3.76% | -6.82% | 31.6% |
Cashflow Statement
| Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$7.452M | -$15.33M | -$26.04M |
| YoY Change | -35.97% | -41.15% | -40.68% |
| Depreciation, Depletion And Amortization | $11.84M | $2.126M | $2.789M |
| YoY Change | -13.02% | -23.77% | -4.55% |
| Cash From Operating Activities | $17.47M | $26.47M | $5.841M |
| YoY Change | 26.22% | 353.23% | 44.87% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $5.330M | $186.0K | $971.0K |
| YoY Change | -284.24% | -80.84% | 10.59% |
| Acquisitions | $0.00 | $1.250M | |
| YoY Change | -100.0% | ||
| Other Investing Activities | $11.27M | $10.47M | -$2.561M |
| YoY Change | -39.34% | -508.67% | -31.19% |
| Cash From Investing Activities | $5.950M | $6.792M | -$5.841M |
| YoY Change | -62.07% | -216.28% | -47.6% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | $25.00M | $0.00 | |
| YoY Change | |||
| Cash From Financing Activities | 2.360M | -$25.00M | $65.00K |
| YoY Change | -114.52% | -38561.54% | -98.11% |
| NET CHANGE | |||
| Cash From Operating Activities | 17.47M | $26.47M | $5.841M |
| Cash From Investing Activities | 5.950M | $6.792M | -$5.841M |
| Cash From Financing Activities | 2.360M | -$25.00M | $65.00K |
| Net Change In Cash | 25.78M | $10.48M | -$6.620M |
| YoY Change | 94.29% | -258.35% | 104.13% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $17.47M | $26.47M | $5.841M |
| Capital Expenditures | $5.330M | $186.0K | $971.0K |
| Free Cash Flow | $12.14M | $26.29M | $4.870M |
| YoY Change | -27.45% | 439.77% | 54.41% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022 | us-gaap |
Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
|
http://fasb.org/us-gaap/2023#AccountingStandardsUpdate202006Member | |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
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||
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Document Type
DocumentType
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10-Q | |
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Common Stock Shares Outstanding
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114659255 | shares |
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Common Stock Shares Issued
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Research And Development Expense
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Nonoperating Income Expense
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Weighted Average Number Of Diluted Shares Outstanding
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Share Based Compensation
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Increase Decrease In Accounts Receivable
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Increase Decrease In Accounts Receivable
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Increase Decrease In Deferred Charges
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| CY2023Q2 | us-gaap |
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| CY2022Q2 | us-gaap |
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Increase Decrease In Deferred Revenue
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Net Cash Provided By Used In Operating Activities
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Payments To Acquire Property Plant And Equipment
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Payments To Acquire Property Plant And Equipment
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|
971000 | usd |
| CY2023Q2 | us-gaap |
Payments For Software
PaymentsForSoftware
|
3488000 | usd |
| CY2022Q2 | us-gaap |
Payments For Software
PaymentsForSoftware
|
2309000 | usd |
| CY2023Q2 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
3093000 | usd |
| CY2022Q2 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
18838000 | usd |
| CY2023Q2 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | usd |
| CY2022Q2 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
1937000 | usd |
| CY2023Q2 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
13559000 | usd |
| CY2022Q2 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
15590000 | usd |
| CY2023Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd |
| CY2022Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1250000 | usd |
| CY2023Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
6792000 | usd |
| CY2022Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5841000 | usd |
| CY2023Q2 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
0 | usd |
| CY2022Q2 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
65000 | usd |
| CY2023Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
25000000 | usd |
| CY2022Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd |
| CY2023Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-25000000 | usd |
| CY2022Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
65000 | usd |
| CY2023Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2218000 | usd |
| CY2022Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-6685000 | usd |
| CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
10483000 | usd |
| CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-6620000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
112729000 | usd |
| CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
100714000 | usd |
| CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
123212000 | usd |
| CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
94094000 | usd |
| CY2023Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
37000 | usd |
| CY2022Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | usd |
| CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
122229000 | usd |
| CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
92686000 | usd |
| CY2023Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
165000 | usd |
| CY2022Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
590000 | usd |
| CY2023Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
818000 | usd |
| CY2022Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
818000 | usd |
| CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
123212000 | usd |
| CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
94094000 | usd |
| CY2023Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
| CY2023Q2 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">USE OF ESTIMATES</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and equity, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates, including, but not limited to, those related to current expected credit losses, returns reserve for expected cancellations, fair value of and/or potential impairment of goodwill and intangible assets, capitalized internal-use software costs, benefit period for deferred commissions, stock-based compensation, incremental borrowing rate used to calculate operating lease liabilities, income and sales tax liabilities, convertible senior notes fair value, litigation, and other contingencies. The Company bases its estimates on known facts and circumstances, historical experience, and various other assumptions. Actual results could differ from those estimates under different assumptions or conditions.</span></div> | |
| CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
64951000 | usd |
| CY2023Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
62307000 | usd |
| CY2023Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
11989000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
11581000 | usd |
| CY2023Q2 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
10301000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
11141000 | usd |
| CY2023Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
40410000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
34909000 | usd |
| CY2023Q2 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
10618000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
10615000 | usd |
| CY2023Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
16900000 | usd |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
790000000 | usd |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.85 | |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P24M | |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.15 | |
| CY2023Q2 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
10000000 | usd |
| CY2022Q2 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
9200000 | usd |
| CY2023Q2 | us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd |
| CY2022Q2 | us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd |
| CY2023Q2 | eght |
Cash Cash Equivalentsand Debt Securities Availableforsale Amortized Cost
CashCashEquivalentsandDebtSecuritiesAvailableforsaleAmortizedCost
|
139164000 | usd |
| CY2023Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
| CY2023Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
6000 | usd |
| CY2023Q2 | eght |
Cash Cash Equivalentsand Debt Securities Availableforsale
CashCashEquivalentsandDebtSecuritiesAvailableforsale
|
139158000 | usd |
| CY2023Q1 | eght |
Cash Cash Equivalentsand Debt Securities Availableforsale Amortized Cost
CashCashEquivalentsandDebtSecuritiesAvailableforsaleAmortizedCost
|
138926000 | usd |
| CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
59000 | usd |
| CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
28000 | usd |
| CY2023Q1 | eght |
Cash Cash Equivalentsand Debt Securities Availableforsale
CashCashEquivalentsandDebtSecuritiesAvailableforsale
|
138957000 | usd |
| CY2023Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
5748000 | usd |
| CY2023Q1 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
5497000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
152860000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
50847000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
102013000 | usd |
| CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
152881000 | usd |
| CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
45769000 | usd |
| CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
107112000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
15297000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
19095000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
13896000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
11757000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
11044000 | usd |
| CY2023Q2 | eght |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
30924000 | usd |
| CY2023Q2 | us-gaap |
Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
|
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Indemnifications</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In the normal course of business, the Company may agree to indemnify other parties, including customers, lessors, and parties to other transactions with the Company with respect to certain matters, such as breaches of representations or covenants or intellectual property infringement or other claims made by third parties. These agreements may limit the time within which an indemnification claim can be made and the amount of the claim. In addition, the Company has entered into indemnification agreements with its officers and directors.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">It is not possible to determine the maximum potential amount of the Company's exposure under these indemnification agreements due to the limited history of prior indemnification claims and the unique facts and circumstances involved in each particular agreement. Historically, payments made by the Company under these agreements have not had a material impact on the Company's operating results, financial position, or cash flows. Under some of these agreements, however, the Company's potential indemnification liability may not have a contractual limit.</span></div> | |
| CY2023Q2 | us-gaap |
Purchase Obligation
PurchaseObligation
|
28100000 | usd |
| CY2023Q2 | eght |
Purchase Obligation Service Contract Period
PurchaseObligationServiceContractPeriod
|
P3Y | |
| CY2023Q2 | us-gaap |
Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
|
5700000 | usd |
| CY2023Q2 | us-gaap |
Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
|
10000000 | usd |
| CY2023Q2 | us-gaap |
Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
|
10500000 | usd |
| CY2023Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
5700000 | usd |
| CY2023Q1 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
5500000 | usd |
| CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
| CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
| CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
18195000 | usd |
| CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
27814000 | usd |
| CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.104 | |
| CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.016 | |
| CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-15327000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-15327000 | usd |
| CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-26043000 | usd |
| CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-26043000 | usd |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116777000 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
116777000 | shares |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
119721000 | shares |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
119721000 | shares |
| CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
| CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
| CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
| CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.22 | |
| CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
18929000 | shares |
| CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
18632000 | shares |
| CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
183287000 | usd |
| CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
187620000 | usd |
| CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
54538000 | usd |
| CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
57871000 | usd |
| CY2023 | eght |
Related Party Contract Term
RelatedPartyContractTerm
|
P2Y | |
| CY2023 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
1400000 | usd |
| CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
| CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
| CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
| CY2023Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |
