2024 Q1 Form 10-K Financial Statement

#000162828024008053 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $21.67M $21.82M $80.42M
YoY Change 16.61% 4.48% 45.7%
Cost Of Revenue $9.896M $11.56M $46.59M
YoY Change -28.37% -44.51% -12.86%
Gross Profit $11.77M $10.26M $33.83M
YoY Change 147.05% 18901.85% 1856.56%
Gross Profit Margin 54.33% 47.02% 42.07%
Selling, General & Admin $27.85M $25.91M $97.31M
YoY Change 28.14% 18.17% 15.36%
% of Gross Profit 236.54% 252.46% 287.66%
Research & Development $6.205M $6.262M $24.46M
YoY Change 15.14% 29.81% 30.28%
% of Gross Profit 52.71% 61.03% 72.29%
Depreciation & Amortization $3.500M $3.151M $9.900M
YoY Change 94.44% 87.23% 80.0%
% of Gross Profit 29.73% 30.71% 29.26%
Operating Expenses $34.05M $32.17M $122.1M
YoY Change 24.93% 20.27% 17.07%
Operating Profit -$22.28M -$21.91M -$88.26M
YoY Change -0.95% -17.93% -13.94%
Interest Expense $0.00 $1.630M $654.0K
YoY Change -100.0% 22.46% -8.15%
% of Operating Profit
Other Income/Expense, Net $10.63M $3.437M -$17.94M
YoY Change -273.81% -221.84% -211.06%
Pretax Income -$11.64M -$16.84M -$106.2M
YoY Change -59.3% -40.51% 22.91%
Income Tax $0.00 $51.00K $51.00K
% Of Pretax Income
Net Earnings -$11.64M -$16.89M -$106.3M
YoY Change -59.3% -40.33% 22.97%
Net Earnings / Revenue -53.74% -77.4% -132.13%
Basic Earnings Per Share -$0.08 -$0.71
Diluted Earnings Per Share -$0.08 -$0.11 -$0.71
COMMON SHARES
Basic Shares Outstanding 152.2M shares 151.1M shares 149.2M shares
Diluted Shares Outstanding 153.1M shares 149.2M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $81.01M $118.5M $118.5M
YoY Change -55.24% -48.45% -48.45%
Cash & Equivalents $44.60M $67.16M $67.16M
Short-Term Investments $36.42M $51.29M $51.29M
Other Short-Term Assets $25.22M $1.334M $21.57M
YoY Change 34.8% 19.75% 21.36%
Inventory $11.01M $9.507M $9.507M
Prepaid Expenses $1.868M
Receivables $22.03M $22.61M $26.32M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $141.8M $175.8M $175.8M
YoY Change -39.64% -39.9% -39.9%
LONG-TERM ASSETS
Property, Plant & Equipment $129.3M $112.9M $114.1M
YoY Change 116.33% 152.58% 146.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $999.0K $1.202M $8.309M
YoY Change -88.42% -34.5% 7.01%
Total Long-Term Assets $140.5M $122.9M $122.9M
YoY Change 98.97% 121.27% 121.27%
TOTAL ASSETS
Total Short-Term Assets $141.8M $175.8M $175.8M
Total Long-Term Assets $140.5M $122.9M $122.9M
Total Assets $282.3M $298.7M $298.7M
YoY Change -7.62% -14.19% -14.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.58M $17.40M $17.40M
YoY Change -18.8% -4.36% -4.36%
Accrued Expenses $15.43M $16.97M $12.39M
YoY Change 102.99% 34.05% -2.1%
Deferred Revenue $48.91M $47.68M
YoY Change 104.0% 160.92%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $79.92M $82.05M $82.05M
YoY Change 57.43% 38.76% 38.76%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $60.75M $70.35M $70.35M
YoY Change 19.3% 66.23% 66.23%
Total Long-Term Liabilities $60.75M $0.00 $70.35M
YoY Change -100.0% 13.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $79.92M $82.05M $82.05M
Total Long-Term Liabilities $60.75M $0.00 $70.35M
Total Liabilities $140.7M $152.4M $152.4M
YoY Change 38.33% 25.81% 25.81%
SHAREHOLDERS EQUITY
Retained Earnings -$310.1M -$298.5M
YoY Change 40.44% 55.28%
Common Stock $16.00K $15.00K
YoY Change 6.67% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $141.6M $146.3M $146.3M
YoY Change
Total Liabilities & Shareholders Equity $282.3M $298.7M $298.7M
YoY Change -7.62% -14.19% -14.19%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$11.64M -$16.89M -$106.3M
YoY Change -59.3% -40.33% 22.97%
Depreciation, Depletion And Amortization $3.500M $3.151M $9.900M
YoY Change 94.44% 87.23% 80.0%
Cash From Operating Activities -$16.08M -$3.143M -$9.801M
YoY Change 368.35% -40.78% -86.88%
INVESTING ACTIVITIES
Capital Expenditures $19.67M $17.49M $69.13M
YoY Change 47.14% 346.24% 221.96%
Acquisitions
YoY Change
Other Investing Activities $12.88M -$12.83M -$53.98M
YoY Change -2013.37% 1536.73% 2141.65%
Cash From Investing Activities -$6.788M -$30.32M -$123.1M
YoY Change -51.65% 544.69% 415.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00 $31.88M
YoY Change -100.0% 218.76%
Cash From Financing Activities $302.0K 52.00K -$29.66M
YoY Change -101.0% -99.75% -244.63%
NET CHANGE
Cash From Operating Activities -$16.08M -3.143M -$9.801M
Cash From Investing Activities -$6.788M -30.32M -$123.1M
Cash From Financing Activities $302.0K 52.00K -$29.66M
Net Change In Cash -$22.57M -33.41M -$162.6M
YoY Change -52.78% -405.71% 108.2%
FREE CASH FLOW
Cash From Operating Activities -$16.08M -$3.143M -$9.801M
Capital Expenditures $19.67M $17.49M $69.13M
Free Cash Flow -$35.75M -$20.63M -$78.94M
YoY Change 112.8% 123.62% -17.95%

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CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-106297000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-86416000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
828000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
22299000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-10000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
226985000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
668000 usd
CY2023 nhic Stock Issued During Period Value Issuance Of Common Stock For Net Settlement Of Common Stock Upon Exercise Of Warrants
StockIssuedDuringPeriodValueIssuanceOfCommonStockForNetSettlementOfCommonStockUponExerciseOfWarrants
464000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
24503000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
146323000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9932000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5465000 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
1612000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
1582000 usd
CY2023 nhic Adjustment To Property And Equipment For Sale Type Leases
AdjustmentToPropertyAndEquipmentForSaleTypeLeases
0 usd
CY2022 nhic Adjustment To Property And Equipment For Sale Type Leases
AdjustmentToPropertyAndEquipmentForSaleTypeLeases
625000 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
322000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1161000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
24151000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
22498000 usd
CY2023 nhic Noncash Interest Expense
NoncashInterestExpense
22000 usd
CY2022 nhic Noncash Interest Expense
NoncashInterestExpense
55000 usd
CY2023 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
575000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 usd
CY2023 nhic Noncash Lease Expense
NoncashLeaseExpense
478000 usd
CY2022 nhic Noncash Lease Expense
NoncashLeaseExpense
811000 usd
CY2023 nhic Accounts Receivable Allowance For Credit Loss Expense Reversal Net Of Writeoff And Recovery
AccountsReceivableAllowanceForCreditLossExpenseReversalNetOfWriteoffAndRecovery
382000 usd
CY2022 nhic Accounts Receivable Allowance For Credit Loss Expense Reversal Net Of Writeoff And Recovery
AccountsReceivableAllowanceForCreditLossExpenseReversalNetOfWriteoffAndRecovery
150000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-626000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 nhic Increase Decrease In Fair Value Of Contingent Earnout Liability
IncreaseDecreaseInFairValueOfContingentEarnoutLiability
14901000 usd
CY2022 nhic Increase Decrease In Fair Value Of Contingent Earnout Liability
IncreaseDecreaseInFairValueOfContingentEarnoutLiability
-6988000 usd
CY2023 nhic Increase Decrease In Fair Value Of Contingently Issuable Common Stock Liability
IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability
3138000 usd
CY2022 nhic Increase Decrease In Fair Value Of Contingently Issuable Common Stock Liability
IncreaseDecreaseInFairValueOfContingentlyIssuableCommonStockLiability
-1872000 usd
CY2023 nhic Fair Value Adjustment Of Public Warrant Liability
FairValueAdjustmentOfPublicWarrantLiability
4765000 usd
CY2022 nhic Fair Value Adjustment Of Public Warrant Liability
FairValueAdjustmentOfPublicWarrantLiability
-4906000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-8927000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
25593000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
644000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8495000 usd
CY2023 nhic Increase Decrease In Commission Assets
IncreaseDecreaseInCommissionAssets
2407000 usd
CY2022 nhic Increase Decrease In Commission Assets
IncreaseDecreaseInCommissionAssets
3675000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-80000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-639000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-633000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
419000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2566000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3174000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5963000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7661000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
35522000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
26887000 usd
CY2023 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
3732000 usd
CY2022 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
1462000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-615000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-946000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9801000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-74728000 usd
CY2023 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
3535000 usd
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
2720000 usd
CY2023 nhic Payments To Acquire Property Plant And Equipment Net
PaymentsToAcquirePropertyPlantAndEquipmentNet
69134000 usd
CY2022 nhic Payments To Acquire Property Plant And Equipment Net
PaymentsToAcquirePropertyPlantAndEquipmentNet
21473000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
270000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
312000 usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
89898000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
39184000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-123113000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23881000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
668000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
827000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1876000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
29683000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
31876000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10000000 usd
CY2023 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
332000 usd
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-29664000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20510000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-43000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-162621000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-78109000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
230058000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
308167000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67437000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
230058000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
710000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
581000 usd
CY2023 nhic Transfers Of Inventory To Property And Equipment
TransfersOfInventoryToPropertyAndEquipment
218000 usd
CY2022 nhic Transfers Of Inventory To Property And Equipment
TransfersOfInventoryToPropertyAndEquipment
0 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13322000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7552000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
516000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
205000 usd
CY2023 nhic Stock Issued During Period Value Issuance Of Common Stock For Net Settlement Of Common Stock Upon Exercise Of Warrants
StockIssuedDuringPeriodValueIssuanceOfCommonStockForNetSettlementOfCommonStockUponExerciseOfWarrants
464000 usd
CY2022 nhic Stock Issued During Period Value Issuance Of Common Stock For Net Settlement Of Common Stock Upon Exercise Of Warrants
StockIssuedDuringPeriodValueIssuanceOfCommonStockForNetSettlementOfCommonStockUponExerciseOfWarrants
0 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
67162000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
229783000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
275000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
275000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67437000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
230058000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div>During the year ended December 31, 2023, the Company began classifying revenue from professional services, which includes installation, training, and event support, as well as other one-time revenue, within license fee and other revenue on the consolidated statements of operations and comprehensive loss, whereas the revenue for these services has previously been included in service revenue. Correspondingly, the Company began classifying costs associated with professional services within cost of license fee and other revenue, whereas these costs were previously included in cost of service revenue. These reclassifications were made to align the presentation of professional services with the Company's internal reporting and analysis. The reclassifications did not impact total revenue or total cost of revenue for any period. Prior year amounts included in this Annual Report on Form 10-K have been reclassified to conform to the current presentation.
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Significant estimates and assumptions reflected in these consolidated financial statements include but are not limited to calculating the standalone selling price for revenue recognition, the valuation of inventory, the expensing and capitalization of costs associated with internal-use software, stock-based awards, the valuation of the contingent earn-out liability, the valuation of the contingently issuable common stock, and the valuation of the public warrant liability. The Company bases its estimates on historical experience, known trends and other market-specific or other relevant factors that it believes to be reasonable under the circumstances. On an ongoing basis, management evaluates its estimates when there are changes in circumstances, facts, and experience. Changes in estimates are recorded in the period in which they become known. Actual results could differ from those estimates.</span></div>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Risk of Concentrations of Credit, Significant Customers and Significant Suppliers</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash equivalents, restricted cash, marketable securities, and accounts receivable, net. We maintain substantially all of our cash and cash equivalents with U.S. and multi-national financial institutions, and our deposits are generally in excess of federally insured limits. The Company maintains its cash, cash equivalents, restricted cash, and marketable securities with financial institutions that management believes to be of high credit quality. The Company has not experienced any losses on such accounts and does not believe it is exposed to any unusual credit risk beyond the normal credit risk associated with commercial banking relationships.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Significant customers are those which represent more than 10% of the Company’s total revenue or accounts receivable, net balance at each respective balance sheet date. The following table presents customers that represent 10% or more of the Company’s total revenue for the years ended December 31, 2023 </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and December 31, 2022</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Each customer shown is a reseller partner of the Company.</span></div><div style="margin-top:12pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:71.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.081%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.083%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:114%">Year Ended December 31, 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:114%">Year Ended December 31, 2022</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Motorola Solutions, Inc.</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">12.0 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%"> %</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">20.9 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%"> %</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer A</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">*</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">10.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%"> %</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer B</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">10.4 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%"> %</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">*</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">22.4 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%"> %</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">31.0 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%"> %</span></td></tr></table></div><div style="margin-top:12pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:20.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">* Less than 10%</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents customers that represent 10% or more of the Company’s accounts receivable, net. Each customer shown is a reseller partner of the Company.</span></div><div style="margin-top:12pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:495.00pt"><tr><td style="width:1.0pt"></td><td style="width:359.50pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:63.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:1.00pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:63.25pt"></td><td style="width:1.0pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:114%">December 31,</span></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2023</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</span></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Motorola Solutions, Inc.</span></td><td colspan="3" style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">*</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">39.0 </span></td><td style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%"> %</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Customer B</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">*</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> %</span></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">55.0 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%"> %</span></td></tr></table></div><div style="margin-top:12pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:20.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">* Less than 10%</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company relies on one primary third-party contract manufacturer, Columbia Tech, for the production of our touchless security screening systems. Columbia Tech provides a variety of services including sourcing off-the-shelf components, manufacturing custom components/assemblies, final product assembly and integration, end of line testing and quality assurance per our specifications, material and finished goods inventory, and direct shipping to our customers. We also use a different third-party manufacturer as a second source for the production of a key sensor component used in our systems. In instances where these parties fail to perform their obligations, the Company may be unable to find alternative suppliers to satisfactorily deliver its products to its customers on time, if at all, which could have a material adverse effect on the Company’s operating results, financial condition and cash flows and damage its customer relationships.</span></div>
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CY2023 us-gaap Number Of Operating Segments
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CY2023Q4 us-gaap Available For Sale Securities Debt Securities
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CY2023Q4 us-gaap Revenue Remaining Performance Obligation
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CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
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CY2023Q4 us-gaap Revenue Remaining Performance Obligation
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240513000 usd
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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52188000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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41088000 usd
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21118000 usd
CY2023Q4 nhic Lessor Operating Lease Payment To Be Received After Year Four
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1059000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
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CY2022Q4 us-gaap Contract With Customer Asset Net Current
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CY2022Q4 us-gaap Capitalized Contract Cost Gross
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5600000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
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1400000 usd
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ContractWithCustomerLiabilityRevenueRecognized
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CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6600000 usd
CY2021Q4 us-gaap Contract With Customer Liability
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ContractWithCustomerLiabilityRevenueRecognized
6632000 usd
CY2022 nhic Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
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CY2022Q4 us-gaap Contract With Customer Liability
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35968000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
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19104000 usd
CY2023 nhic Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
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CY2023Q4 us-gaap Contract With Customer Liability
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CY2022 us-gaap Sales Type Lease Revenue
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197000 usd
CY2022 us-gaap Sales Type Lease Interest Income
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224000 usd
CY2023 nhic Operating Lease Income Comprehensive Income Extensible List Not Disclosed Flag
OperatingLeaseIncomeComprehensiveIncomeExtensibleListNotDisclosedFlag
Lease income - operating leases
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2022 us-gaap Operating Lease Lease Income
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CY2022 us-gaap Revenue Not From Contract With Customer
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80418000 usd
CY2022 us-gaap Revenues
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CY2023 us-gaap Revenues
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CY2022 us-gaap Revenues
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CY2022 us-gaap Operating Lease Payments
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P0Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
41000 usd
CY2023Q4 us-gaap Operating Lease Liability
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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200000 usd
CY2023 us-gaap Provision For Doubtful Accounts
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410000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
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2334000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
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7923000 usd
CY2022Q4 us-gaap Inventory Net
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10257000 usd
CY2023Q4 us-gaap Deposits Assets Current
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12177000 usd
CY2022Q4 us-gaap Deposits Assets Current
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9666000 usd
CY2023Q4 us-gaap Prepaid Expense Current
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1868000 usd
CY2022Q4 us-gaap Prepaid Expense Current
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897000 usd
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SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLossCurrent
367000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss Current
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLossCurrent
337000 usd
CY2023Q4 us-gaap Prepaid Insurance
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1208000 usd
CY2022Q4 us-gaap Prepaid Insurance
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2374000 usd
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1334000 usd
CY2022Q4 us-gaap Other Assets Current
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1114000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
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16954000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
14388000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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17254000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7786000 usd
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CY2022Q4 us-gaap Property Plant And Equipment Net
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CY2023 us-gaap Depreciation Depletion And Amortization
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9900000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5500000 usd
CY2023 us-gaap Capitalized Computer Software Amortization1
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1000000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
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600000 usd
CY2023Q4 us-gaap Property Plant And Equipment Useful Life
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P7Y
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
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300000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1200000 usd
CY2023Q4 nhic Accrued Employee Compensation And Benefits Expense Current
AccruedEmployeeCompensationAndBenefitsExpenseCurrent
7780000 usd
CY2022Q4 nhic Accrued Employee Compensation And Benefits Expense Current
AccruedEmployeeCompensationAndBenefitsExpenseCurrent
7225000 usd
CY2023Q4 nhic Accrued Professional Service And Consulting Current
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1579000 usd
CY2022Q4 nhic Accrued Professional Service And Consulting Current
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722000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
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1643000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
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1680000 usd
CY2023Q4 nhic Purchase Order Cancellation Fees Current
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1188000 usd
CY2022Q4 nhic Purchase Order Cancellation Fees Current
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0 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
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3388000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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1918000 usd
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
15578000 usd
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
11545000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
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0 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
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317000 usd
CY2023Q4 us-gaap Long Term Debt
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0 usd
CY2022Q4 us-gaap Long Term Debt
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CY2023Q4 us-gaap Long Term Debt Current
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0 usd
CY2022Q4 us-gaap Long Term Debt Current
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10000000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
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0 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
19683000 usd
CY2023Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
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15642220 shares
CY2022Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
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16746194 shares
CY2023 nhic Common Stock Number Of Votes For Each Share
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1 vote
CY2022 us-gaap Dividends Common Stock Cash
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0 usd
CY2023 us-gaap Dividends Common Stock Cash
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0 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.042
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.016
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.875
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.750
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
20769130 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.39
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2262925 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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Files In Submission

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