$GNSS
Genasys Inc.

2020 Q2 Form 10-Q Financial Statement

#000143774920017390 Filed on August 11, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q2
Revenue $11.97M $8.276M $8.864M
YoY Change 35.06% -18.8% 17.96%
Cost Of Revenue $5.500M $4.266M $4.262M
YoY Change 29.06% -14.7% 11.7%
Gross Profit $6.471M $4.010M $4.602M
YoY Change 40.61% -22.74% 24.42%
Gross Profit Margin 54.06% 48.45% 51.92%
Selling, General & Admin $3.330M $2.732M $2.713M
YoY Change 22.75% 10.37% -6.59%
% of Gross Profit 51.46% 68.13% 58.95%
Research & Development $1.200M $949.0K $1.203M
YoY Change -0.22% -25.84% 23.62%
% of Gross Profit 18.54% 23.67% 26.13%
Depreciation & Amortization $205.0K $206.0K $225.7K
YoY Change -9.16% -4.79% 57.3%
% of Gross Profit 3.17% 5.14% 4.9%
Operating Expenses $4.530M $3.681M $3.916M
YoY Change 15.69% -1.97% 0.99%
Operating Profit $1.941M $329.0K $686.5K
YoY Change 182.75% -77.08% -485.38%
Interest Expense $473.0K
YoY Change
% of Operating Profit 24.37%
Other Income/Expense, Net $36.00K $70.00K $69.89K
YoY Change -48.49% 297.55% 189.29%
Pretax Income $1.977M $399.0K $756.4K
YoY Change 161.39% -72.54% -591.24%
Income Tax $473.0K $97.00K $118.3K
% Of Pretax Income 23.93% 24.31% 15.64%
Net Earnings $1.504M $302.0K $638.0K
YoY Change 135.72% -74.38% -895.37%
Net Earnings / Revenue 12.56% 3.65% 7.2%
Basic Earnings Per Share $0.05 $0.01 $0.02
Diluted Earnings Per Share $0.04 $0.01 $0.02
COMMON SHARES
Basic Shares Outstanding 33.29M 33.09M 32.58M
Diluted Shares Outstanding 34.28M 33.73M 33.37M

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.72M $19.86M $14.27M
YoY Change 73.23% 83.38% -9.05%
Cash & Equivalents $20.67M $16.40M $11.29M
Short-Term Investments $4.050M $3.460M $2.980M
Other Short-Term Assets $199.7K $221.3K $208.2K
YoY Change -4.09% 41.76% -82.79%
Inventory $7.334M $6.922M $6.413M
Prepaid Expenses
Receivables $6.378M $5.850M $6.814M
Other Receivables $0.00 $0.00 $180.0K
Total Short-Term Assets $39.76M $33.89M $28.62M
YoY Change 38.9% 25.66% -0.92%
LONG-TERM ASSETS
Property, Plant & Equipment $1.985M $2.106M $2.358M
YoY Change -15.83% -15.24% 373.96%
Goodwill $2.371M $2.319M $2.396M
YoY Change -1.05% -1.94% -2.41%
Intangibles $981.2K $1.034M $1.297M
YoY Change -24.35% -23.72% -21.56%
Long-Term Investments $3.340M $1.650M $1.500M
YoY Change 122.67% -2.94% 18.11%
Other Assets $5.160M $5.640M $5.840M
YoY Change -11.64% -3.75% -0.68%
Total Long-Term Assets $19.27M $18.28M $13.39M
YoY Change 43.87% 32.79% 13.93%
TOTAL ASSETS
Total Short-Term Assets $39.76M $33.89M $28.62M
Total Long-Term Assets $19.27M $18.28M $13.39M
Total Assets $59.02M $52.17M $42.02M
YoY Change 40.48% 28.07% 3.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.907M $1.932M $812.5K
YoY Change 257.78% 57.38% -53.69%
Accrued Expenses $8.883M $5.442M $3.635M
YoY Change 144.37% 63.23% 2.98%
Deferred Revenue $6.298M $3.730M $1.408M
YoY Change 347.19% 210.1%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $287.5K $281.2K $290.6K
YoY Change -1.05% -1.94% -45.18%
Total Short-Term Liabilities $12.83M $8.384M $4.738M
YoY Change 170.77% 72.91% -18.55%
LONG-TERM LIABILITIES
Long-Term Debt $16.92K $16.55K $34.20K
YoY Change -50.52% -50.97% -83.72%
Other Long-Term Liabilities $383.4K $435.9K $2.511M
YoY Change -84.73% -79.08%
Total Long-Term Liabilities $400.3K $452.4K $2.545M
YoY Change -84.27% -78.63% 1112.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.83M $8.384M $4.738M
Total Long-Term Liabilities $400.3K $452.4K $2.545M
Total Liabilities $19.82M $15.58M $7.284M
YoY Change 172.07% 123.66% 20.89%
SHAREHOLDERS EQUITY
Retained Earnings -$51.31M -$52.81M -$53.65M
YoY Change -4.38% -2.73% -0.78%
Common Stock $335.00 $331.00 $326.00
YoY Change 2.76% 1.53% 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $39.21M $36.59M $34.73M
YoY Change
Total Liabilities & Shareholders Equity $59.02M $52.17M $42.02M
YoY Change 40.48% 28.07% 3.38%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q2
OPERATING ACTIVITIES
Net Income $1.504M $302.0K $638.0K
YoY Change 135.72% -74.38% -895.37%
Depreciation, Depletion And Amortization $205.0K $206.0K $225.7K
YoY Change -9.16% -4.79% 57.3%
Cash From Operating Activities $5.840M -$350.0K $3.290M
YoY Change 77.51% -108.31% -538.67%
INVESTING ACTIVITIES
Capital Expenditures -$10.00K -$10.00K $0.00
YoY Change -96.15% -100.0%
Acquisitions
YoY Change
Other Investing Activities -$2.270M $10.00K $330.0K
YoY Change -787.88% -109.09% 153.85%
Cash From Investing Activities -$2.290M $0.00 $330.0K
YoY Change -793.94% -100.0% 560.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 740.0K -340.0K 10.00K
YoY Change 7300.0% -34.62% -133.33%
NET CHANGE
Cash From Operating Activities 5.840M -350.0K 3.290M
Cash From Investing Activities -2.290M 0.000 330.0K
Cash From Financing Activities 740.0K -340.0K 10.00K
Net Change In Cash 4.290M -690.0K 3.630M
YoY Change 18.18% -120.78% -597.26%
FREE CASH FLOW
Cash From Operating Activities $5.840M -$350.0K $3.290M
Capital Expenditures -$10.00K -$10.00K $0.00
Free Cash Flow $5.850M -$340.0K $3.290M
YoY Change 77.81% -107.61% -591.04%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q2 gnss Accrued Contract Costs
AccruedContractCosts
580173
CY2019Q3 gnss Accrued Contract Costs
AccruedContractCosts
252833
gnss Contract With Customer Liability Effect Of Exchange Rate
ContractWithCustomerLiabilityEffectOfExchangeRate
-11132
gnss Contract With Customer Liability Increase For New Contract
ContractWithCustomerLiabilityIncreaseForNewContract
7015397
CY2020Q2 gnss Deposits For Inventory
DepositsForInventory
173607
CY2019Q3 gnss Deposits For Inventory
DepositsForInventory
1064640
CY2020Q2 gnss Due And Subscription
DueAndSubscription
198951
CY2019Q3 gnss Due And Subscription
DueAndSubscription
88031
gnss Effect Of Exchange Rate On Operating Lease Liability
EffectOfExchangeRateOnOperatingLeaseLiability
7228
gnss Effect Of Exchange Rate On Operating Lease Rou Assets
EffectOfExchangeRateOnOperatingLeaseROUAssets
7228
CY2020Q2 gnss Finite Lived Intangible Assets Amortization Expense Total
FiniteLivedIntangibleAssetsAmortizationExpenseTotal
981186
CY2020Q2 gnss Finitelived Intangible Asset Expected Amortization After Year Four
FinitelivedIntangibleAssetExpectedAmortizationAfterYearFour
65730
gnss Goodwill And Intangible Assets Foreign Currency Translation Gain Loss
GoodwillAndIntangibleAssetsForeignCurrencyTranslationGainLoss
96015
gnss Gross Proceeds From Stock Options Exercised
GrossProceedsFromStockOptionsExercised
996891
gnss Gross Proceeds From Stock Options Exercised
GrossProceedsFromStockOptionsExercised
54621
gnss Increase In Lease Liability With10 Increase In Index
IncreaseInLeaseLiabilityWith10IncreaseInIndex
19000
gnss Initial Measurement Of Operating Lease Liabilities
InitialMeasurementOfOperatingLeaseLiabilities
7814701
gnss Initial Measurement Of Operating Lease Liabilities
InitialMeasurementOfOperatingLeaseLiabilities
gnss Initial Measurement Of Operating Lease Right Of Use Assets
InitialMeasurementOfOperatingLeaseRightOfUseAssets
5823972
gnss Initial Measurement Of Operating Lease Right Of Use Assets
InitialMeasurementOfOperatingLeaseRightOfUseAssets
CY2020Q2 gnss Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
4248721
gnss Noncash Or Part Noncashunrealized Loss On Marketable Securities
NoncashOrPartNoncashunrealizedLossOnMarketableSecurities
-3064
gnss Noncash Or Part Noncashunrealized Loss On Marketable Securities
NoncashOrPartNoncashunrealizedLossOnMarketableSecurities
19102
CY2020Q2 gnss Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
3
CY2019Q4 gnss Operating Lease Incentives And Tenant Improvement Allowance
OperatingLeaseIncentivesAndTenantImprovementAllowance
1990729
gnss Operating Lease Rightofuse Asset Amortization Expense
OperatingLeaseRightofuseAssetAmortizationExpense
445692
gnss Operating Lease Rightofuse Asset Amortization Expense
OperatingLeaseRightofuseAssetAmortizationExpense
CY2019Q4 gnss Operating Lease Rightofuse Asset Gross
OperatingLeaseRightofuseAssetGross
7814701
CY2020Q2 gnss Prepaid Trade Shows And Travel
PrepaidTradeShowsAndTravel
116024
CY2019Q3 gnss Prepaid Trade Shows And Travel
PrepaidTradeShowsAndTravel
106626
gnss Product Warranty Accrual Increase Decrease For New Warranties Issuance And Adjustment Preexisting Warranties
ProductWarrantyAccrualIncreaseDecreaseForNewWarrantiesIssuanceAndAdjustmentPreexistingWarranties
2396
CY2019 gnss Product Warranty Accrual Increase Decrease For New Warranties Issuance And Adjustment Preexisting Warranties
ProductWarrantyAccrualIncreaseDecreaseForNewWarrantiesIssuanceAndAdjustmentPreexistingWarranties
85078
gnss Product Warranty Expense Benefit
ProductWarrantyExpenseBenefit
2396
gnss Product Warranty Expense Benefit
ProductWarrantyExpenseBenefit
62689
gnss Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate
0.1
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2907077
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
859530
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6378357
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3644059
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8883114
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8134341
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2856435
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2479974
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-391483
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-458719
CY2020Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
90904503
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
89571641
CY2020Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
41410
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
158327
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
295290
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
322025
CY2018Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
133845
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
171977
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
257566
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
322025
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
257566
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
775642
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
563388
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
74049
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
75354
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
223042
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
228793
CY2020Q2 us-gaap Assets
Assets
59024044
CY2019Q3 us-gaap Assets
Assets
47119983
CY2020Q2 us-gaap Assets Current
AssetsCurrent
39757936
CY2019Q3 us-gaap Assets Current
AssetsCurrent
34038637
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20667934
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18819078
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11290068
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19516918
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11806074
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
21333859
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
12094279
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1816941
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
288205
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2020Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33490544
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
32949987
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33490544
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
32949987
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
335
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
330
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1555351
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
694579
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2493215
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2795943
CY2020Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4644510
CY2019Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5387000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
742490
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
675457
CY2019Q3 us-gaap Deferred Rent Credit
DeferredRentCredit
1990729
CY2020Q2 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
CY2019Q3 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
109342
CY2020Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
CY2019Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
1881387
CY2020Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6122498
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6681891
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6298478
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
383413
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6467136
CY2020Q2 us-gaap Cost Of Revenue
CostOfRevenue
5499914
CY2019Q2 us-gaap Cost Of Revenue
CostOfRevenue
4261733
us-gaap Cost Of Revenue
CostOfRevenue
13946392
us-gaap Cost Of Revenue
CostOfRevenue
14351217
CY2020Q2 us-gaap Depreciation
Depreciation
130981
CY2019Q2 us-gaap Depreciation
Depreciation
150327
us-gaap Depreciation
Depreciation
397018
us-gaap Depreciation
Depreciation
394524
us-gaap Depreciation And Amortization
DepreciationAndAmortization
620060
us-gaap Depreciation And Amortization
DepreciationAndAmortization
623317
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
205030
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
225681
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
620060
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
623317
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Effect Of Exchange Rate On Cash
EffectOfExchangeRateOnCash
-8910
us-gaap Effect Of Exchange Rate On Cash
EffectOfExchangeRateOnCash
-21443
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.228
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1872141
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2050324
CY2020Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
378436
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y7D
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
775742
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
534797
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
246275
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
75592
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
178581
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
191882
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
223126
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1756928
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1710431
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
981186
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1175634
CY2020Q2 us-gaap Goodwill
Goodwill
2371190
CY2019Q3 us-gaap Goodwill
Goodwill
2305750
CY2020Q2 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0
CY2020Q2 us-gaap Gross Profit
GrossProfit
6471182
CY2019Q2 us-gaap Gross Profit
GrossProfit
4601993
us-gaap Gross Profit
GrossProfit
15083179
us-gaap Gross Profit
GrossProfit
14881759
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1977409
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
756351
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3168469
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3538288
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
742490
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
675457
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
473332
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
118310
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2039811
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2267016
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2721719
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4029608
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
147740
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1153067
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1667264
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-200306
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-731501
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2447870
CY2020Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
991489
CY2019Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
797659
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
756201
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
656746
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
981186
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1175634
us-gaap Interest Paid Net
InterestPaidNet
us-gaap Interest Paid Net
InterestPaidNet
2860
CY2020Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1115923
CY2019Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
998607
CY2020Q2 us-gaap Inventory Gross
InventoryGross
8033011
CY2019Q3 us-gaap Inventory Gross
InventoryGross
6365747
CY2020Q2 us-gaap Inventory Net
InventoryNet
7334165
CY2019Q3 us-gaap Inventory Net
InventoryNet
5835163
CY2020Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
6454321
CY2019Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
5060331
CY2020Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
698846
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
255632
CY2019Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
530584
CY2020Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
462767
CY2019Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
306809
us-gaap Inventory Write Down
InventoryWriteDown
168262
us-gaap Inventory Write Down
InventoryWriteDown
121035
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8655098
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1042699
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1017196
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1021173
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1069677
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1316531
CY2020Q2 us-gaap Liabilities
Liabilities
19816613
CY2019Q3 us-gaap Liabilities
Liabilities
11738634
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
59024044
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
47119983
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
12830085
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
9273459
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
304442
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
287523
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
287523
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
16919
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
16919
CY2020Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
16919
CY2019Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
32903
CY2020Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
4054126
CY2019Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
3695364
CY2020Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
3336654
CY2019Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
1384819
us-gaap Nature Of Operations
NatureOfOperations
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font: inherit;">1.</div> OPERATIONS </div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:24.5pt;">Genasys Inc. (formerly LRAD<div style="display: inline; bottom:.33em; font-size: 82%; position: relative; vertical-align: baseline; vertical-align:top;line-height:120%;font-size:pt">&reg;</div> Corporation), a Delaware corporation (the &#x201c;Company&#x201d;), is engaged in the design, development and commercialization of directed and multidirectional sound technologies, voice broadcast products, and location-based mass messaging solutions for emergency warning and workforce management. The principal markets for the Company's proprietary sound reproduction technologies, voice broadcast products and mass messaging solutions are in North and South America, Europe, Middle East and Asia. On <div style="display: inline; font-style: italic; font: inherit;"> October 23, 2019, </div>the Company announced its rebranding and began doing business as Genasys Inc.</div></div>
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
540525
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2133445
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
29759
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3710590
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2413334
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
1504077
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
638041
us-gaap Net Income Loss
NetIncomeLoss
2425979
us-gaap Net Income Loss
NetIncomeLoss
2862831
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2425264
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
620327
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
301575
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
1045940
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1178850
CY2020Q2 us-gaap Noncurrent Assets
NoncurrentAssets
5337043
CY2019Q3 us-gaap Noncurrent Assets
NoncurrentAssets
5750890
CY2020Q2 us-gaap Notes Payable Current
NotesPayableCurrent
287523
CY2019Q3 us-gaap Notes Payable Current
NotesPayableCurrent
279588
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2020Q2 us-gaap Operating Expenses
OperatingExpenses
4530000
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
3915532
us-gaap Operating Expenses
OperatingExpenses
12116599
us-gaap Operating Expenses
OperatingExpenses
11470037
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1941182
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
686461
us-gaap Operating Income Loss
OperatingIncomeLoss
2966580
us-gaap Operating Income Loss
OperatingIncomeLoss
3411722
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
226083
CY2019Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
224407
us-gaap Operating Lease Expense
OperatingLeaseExpense
674108
us-gaap Operating Lease Expense
OperatingLeaseExpense
663500
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
7338567
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7814701
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
752371
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6586196
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
us-gaap Operating Lease Payments
OperatingLeasePayments
526022
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5823972
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5428168
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
445692
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0413
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y328D
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
199678
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
240473
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
43160
CY2019Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
47055
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
70300
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-85990
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
85314
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-69352
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
51274
CY2018Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-54335
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-69091
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
99216
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
56538
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
8114
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
9483
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
19102
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
383413
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2432272
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
36227
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
69890
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
201889
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
126566
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
398256
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2171022
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
41410
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
5496651
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
3290667
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
111602
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
303912
CY2020Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3064
CY2020Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2020Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2020Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2020Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2020Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1052750
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1781837
CY2020Q2 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
124412
CY2019Q3 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
123933
CY2020Q2 us-gaap Prepaid Insurance
PrepaidInsurance
350173
CY2019Q3 us-gaap Prepaid Insurance
PrepaidInsurance
194285
CY2020Q2 us-gaap Prepaid Rent
PrepaidRent
CY2019Q3 us-gaap Prepaid Rent
PrepaidRent
87782
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; text-decoration: underline;"><div style="display: inline; font-style: italic;">Reclassifications </div></div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:24.5pt;">Where necessary, the prior year's information has been reclassified to conform to the current year presentation.</div></div></div></div></div></div></div></div></div></div>
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3182989
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3624338
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
996891
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
54621
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
150229
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
132322
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
132322
CY2019Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
150229
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20303
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
34065
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4841102
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4749480
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1984667
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2269506
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
16700
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
17044
CY2020Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1199635
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1202686
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3232369
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3530805
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
270604
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
369551
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
395321
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
434660
CY2020Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
270604
CY2019Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
263136
CY2020Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
395321
CY2019Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
434704
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-51305924
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-53731903
CY2020Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
11971096
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8863726
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
29029571
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
29232976
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6681891
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6298478
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.94
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
42660
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
2.11
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1133727
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6327111
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
110546
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3330365
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2712846
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8884230
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7939232
us-gaap Share Based Compensation
ShareBasedCompensation
775642
us-gaap Share Based Compensation
ShareBasedCompensation
563386
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.445
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.014
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1153024
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2232469
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
97609
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2219268
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2730430
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.94
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.54
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.95
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.39
CY2020Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1153024
CY2020Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
2730430
CY2020Q2 us-gaap Share Price
SharePrice
4.86
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P7Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y127D
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3292311
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y182D
CY2020Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
2
CY2020Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
2.54
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y189D
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
13063
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
0
us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
185043
us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
156115
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
512019
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
35282
CY2019Q4 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
CY2019Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
144214
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
113833
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
738844
CY2018Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2528
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
42644
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
9449
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
398256
CY2018Q4 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1621022
CY2019Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
550000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
39207431
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
35381349
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
36389531
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
36591211
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
33489207
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
32996163
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
33770543
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
34732137
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34280915
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33372777
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33878243
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33341057
CY2020Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
33289426
CY2019Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
32575118
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
33122042
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
32684311
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33289426
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32575118
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33122042
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32684311

Files In Submission

Name View Source Status
0001437749-20-017390-index-headers.html Edgar Link pending
0001437749-20-017390-index.html Edgar Link pending
0001437749-20-017390.txt Edgar Link pending
0001437749-20-017390-xbrl.zip Edgar Link pending
ex_197024.htm Edgar Link pending
ex_197025.htm Edgar Link pending
ex_197026.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g1.jpg Edgar Link pending
gnss-20200630.xml Edgar Link completed
gnss-20200630.xsd Edgar Link pending
gnss-20200630_cal.xml Edgar Link unprocessable
gnss-20200630_def.xml Edgar Link unprocessable
gnss-20200630_lab.xml Edgar Link unprocessable
gnss-20200630_pre.xml Edgar Link unprocessable
lrad20200630_10q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending