2024 Q3 Form 10-Q Financial Statement

#000155485524000621 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $8.411M $5.400M $6.633M
YoY Change 67.06% -18.59% 2.43%
% of Gross Profit
Research & Development $32.42M $36.32M $21.82M
YoY Change 13.19% 66.43% 121.86%
% of Gross Profit
Depreciation & Amortization $67.00K $58.00K $81.08K
YoY Change 67.5% -28.47%
% of Gross Profit
Operating Expenses $40.83M $41.72M $28.45M
YoY Change 21.24% 46.61% 74.45%
Operating Profit -$40.83M -$41.72M -$28.45M
YoY Change 21.24% 46.61% 74.05%
Interest Expense $835.0K $613.0K -$2.653M
YoY Change -57.18% -123.11% -156.32%
% of Operating Profit
Other Income/Expense, Net -$1.744M $1.053M $148.0K
YoY Change -207.92% 611.49% -1174.8%
Pretax Income -$35.36M -$35.99M -$31.11M
YoY Change 17.43% 15.71% 166.97%
Income Tax $400.0K $395.0K $303.0K
% Of Pretax Income
Net Earnings -$35.79M -$36.39M -$31.41M
YoY Change 14.67% 15.85% 166.6%
Net Earnings / Revenue
Basic Earnings Per Share -$0.12 -$0.13 -$0.11
Diluted Earnings Per Share -$0.12 -$0.13 -$0.11
COMMON SHARES
Basic Shares Outstanding 290.1M shares 269.4M shares 269.1M shares
Diluted Shares Outstanding 297.8M shares 276.4M shares 275.6M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $279.8M $121.0M $184.4M
YoY Change 60.36% -34.37% -44.26%
Cash & Equivalents $24.57M $27.76M $33.59M
Short-Term Investments $255.3M $93.23M $150.8M
Other Short-Term Assets $5.685M $3.875M $1.462M
YoY Change 258.36% 165.06% 780.24%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $285.5M $210.4M $270.8M
YoY Change 10.01% -22.32% -18.24%
LONG-TERM ASSETS
Property, Plant & Equipment $510.0K $1.235M $513.8K
YoY Change 6.71% 140.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $504.0K $212.0K
YoY Change -48.39%
Total Long-Term Assets $3.988M $4.198M $1.064M
YoY Change 100.49% 294.56%
TOTAL ASSETS
Total Short-Term Assets $285.5M $210.4M $270.8M
Total Long-Term Assets $3.988M $4.198M $1.064M
Total Assets $289.5M $214.6M $271.9M
YoY Change 10.69% -21.08% -17.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.916M $2.822M $2.351M
YoY Change 113.72% 20.06% 164.23%
Accrued Expenses $16.21M $19.11M $2.304M
YoY Change 65.45% 729.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $54.77M $54.33M $38.59M
YoY Change 18.65% 40.81% 94.12%
LONG-TERM LIABILITIES
Long-Term Debt $68.31M $52.60M $0.00
YoY Change 503.45%
Other Long-Term Liabilities $2.780M $2.528M $1.531M
YoY Change 39.0% 65.17% 181.96%
Total Long-Term Liabilities $71.09M $55.13M $1.531M
YoY Change 432.6% 3502.17% 181.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $54.77M $54.33M $38.59M
Total Long-Term Liabilities $71.09M $55.13M $1.531M
Total Liabilities $125.9M $109.5M $40.12M
YoY Change 111.5% 172.86% 96.46%
SHAREHOLDERS EQUITY
Retained Earnings -$442.1M -$406.4M -$274.2M
YoY Change 44.77% 48.2% 2704.61%
Common Stock $605.8M $511.4M $505.9M
YoY Change 19.38% 1.09% 57.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $163.7M $105.1M $231.7M
YoY Change
Total Liabilities & Shareholders Equity $289.5M $214.6M $271.9M
YoY Change 10.69% -21.08% -17.92%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income -$35.79M -$36.39M -$31.41M
YoY Change 14.67% 15.85% 166.6%
Depreciation, Depletion And Amortization $67.00K $58.00K $81.08K
YoY Change 67.5% -28.47%
Cash From Operating Activities -$30.72M -$30.75M -$27.71M
YoY Change 37.16% 10.98% 120.24%
INVESTING ACTIVITIES
Capital Expenditures $3.236M $659.0K $121.7K
YoY Change 441.58%
Acquisitions
YoY Change
Other Investing Activities -$78.00M $22.00M $49.50M
YoY Change 550.0% -55.56% -132.14%
Cash From Investing Activities -$81.24M $21.34M $49.38M
YoY Change 576.97% -56.78% -132.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 108.8M 14.25M -287.2K
YoY Change 888.92% -5061.17% -100.09%
NET CHANGE
Cash From Operating Activities -30.72M -30.75M -27.71M
Cash From Investing Activities -81.24M 21.34M 49.38M
Cash From Financing Activities 108.8M 14.25M -287.2K
Net Change In Cash -3.178M 4.832M 21.38M
YoY Change -86.42% -77.4% -86.84%
FREE CASH FLOW
Cash From Operating Activities -$30.72M -$30.75M -$27.71M
Capital Expenditures $3.236M $659.0K $121.7K
Free Cash Flow -$33.96M -$31.41M -$27.83M
YoY Change 51.6% 12.86%

Facts In Submission

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IncreaseDecreaseInOtherOperatingLiabilities
5678000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
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us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
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us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
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us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
165000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28993000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
502000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-19119000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-15554000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46882000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49146000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27763000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33592000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1753000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
388000 usd
us-gaap Interest Paid Net
InterestPaidNet
720000 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
772000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
616000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
360000 usd
us-gaap Stock Issued1
StockIssued1
878000 usd
us-gaap Stock Issued1
StockIssued1
954000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin: 0pt 0pt 10pt; color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: 1.2; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">Use of Estimates</span></p> <p style="margin: 0px; color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; text-align: justify; line-height: 1.2;"><span style="font-size: 10pt; font-family: 'Times New Roman', serif; line-height: inherit;"><span style="line-height: inherit;">The preparation of condensed consolidated financial statements in accordance with U.S. GAAP requires the Company’s management to make estimates and judgments that affected the reported amounts of assets and liabilities and allocations of expenses. These judgments were based on the historical experience, management’s evaluation of trends in the industry and other factors that were deemed relevant at that time. The estimates and assumptions were reviewed on a regular basis and the changes to accounting estimates were recognized in the period in which the estimates were revised. The Company’s management recognizes that the actual results could be materially different from the estimates.<span style="line-height: inherit;"> </span></span></span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin: 0px; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: 15.6933px; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-size: 10pt; line-height: inherit; font-family: 'Times New Roman', serif;">Prior Period Reclassification</span></b></p> <p style="margin: 0pt; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 13.3333px; text-align: justify; line-height: 1.2;"><br/></p> <p style="margin: 0pt; color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: 1.2; font-family: Calibri, sans-serif; text-align: justify;"><span style="font-size: 10pt; line-height: inherit; font-family: 'Times New Roman', serif;">We have reclassified certain prior period amounts to conform to the current period presentation. These reclassifications had no effect on the reported results of operations.</span></p>
CY2024Q2 us-gaap Cash
Cash
17680000 usd
CY2023Q4 us-gaap Cash
Cash
9173000 usd
CY2024Q2 evex Private Securities At Carrying Value
PrivateSecuritiesAtCarryingValue
3996000 usd
CY2023Q4 evex Private Securities At Carrying Value
PrivateSecuritiesAtCarryingValue
4385000 usd
CY2024Q2 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
6087000 usd
CY2023Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
33325000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27763000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46882000 usd
CY2024Q2 us-gaap Maturity Of Time Deposits
MaturityOfTimeDeposits
P90D
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0 usd
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0 usd
CY2024Q2 evex Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
24932000 usd
CY2023Q2 evex Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
18245000 usd
evex Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
46571000 usd
evex Allocated Corporate Costs Income Net From Transactions With Related Party
AllocatedCorporateCostsIncomeNetFromTransactionsWithRelatedParty
33901000 usd
CY2024Q2 us-gaap Supplies
Supplies
3567000 usd
CY2023Q4 us-gaap Supplies
Supplies
298000 usd
CY2024Q2 us-gaap Prepaid Insurance
PrepaidInsurance
0 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
467000 usd
CY2024Q2 evex Advances To Employees
AdvancesToEmployees
250000 usd
CY2023Q4 evex Advances To Employees
AdvancesToEmployees
59000 usd
CY2024Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
58000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
65000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
3875000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
889000 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1478000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
707000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
244000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
160000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1235000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
547000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
53510000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
26069000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
907000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
305000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
52603000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
25764000 usd
CY2024Q2 evex Deferred Charges Related To Debt Issuance Costs
DeferredChargesRelatedToDebtIssuanceCosts
212000 usd
CY2023Q4 evex Deferred Charges Related To Debt Issuance Costs
DeferredChargesRelatedToDebtIssuanceCosts
348000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1333000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
5266000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
6489000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
40422000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
53510000 usd
CY2024Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
5600000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
14000000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
8400000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-9000000 usd
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
269525708 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
269525708 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
269359021 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
269359021 shares
us-gaap Common Stock Voting Rights
CommonStockVotingRights
one vote per share
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-36388000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-31410000 usd
us-gaap Net Income Loss
NetIncomeLoss
-61684000 usd
us-gaap Net Income Loss
NetIncomeLoss
-57182000 usd
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
276355000 shares
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
276355000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
275632000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
275632000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
276309000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
275563000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
275563000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2024Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
6900 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
6600 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
6900 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
6600 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57841000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57856000 shares
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
300000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1037000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
508000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1003000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
510000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
275000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
455000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
265000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
95000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1093000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
90000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1003000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 number
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 number
CY2024Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
36317000 usd
CY2023Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21821000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
63772000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
43350000 usd
CY2024Q2 evex Other Operating And Nonoperating Income Expense Net
OtherOperatingAndNonoperatingIncomeExpenseNet
-324000 usd
CY2023Q2 evex Other Operating And Nonoperating Income Expense Net
OtherOperatingAndNonoperatingIncomeExpenseNet
9286000 usd
evex Other Operating And Nonoperating Income Expense Net
OtherOperatingAndNonoperatingIncomeExpenseNet
-3106000 usd
evex Other Operating And Nonoperating Income Expense Net
OtherOperatingAndNonoperatingIncomeExpenseNet
13356000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-35993000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-31107000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-56705000 usd

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