$GVP
GSE Systems Inc

2023 Q1 Form 10-K Financial Statement

#000114036123018700 Filed on April 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $10.87M $10.82M $47.73M
YoY Change -11.42% -22.02% -13.5%
Cost Of Revenue $8.478M $7.761M $35.82M
YoY Change -13.91% -28.23% -17.31%
Gross Profit $2.395M $3.055M $11.91M
YoY Change -1.32% -0.1% 0.44%
Gross Profit Margin 22.03% 28.25% 24.95%
Selling, General & Admin $4.788M $3.775M $17.03M
YoY Change 6.23% -14.38% 14.22%
% of Gross Profit 199.92% 123.57% 142.97%
Research & Development $181.0K $101.0K $611.0K
YoY Change 27.46% -39.16% -2.4%
% of Gross Profit 7.56% 3.31% 5.13%
Depreciation & Amortization $48.00K $259.0K $1.172M
YoY Change -33.33% -41.0% 290.67%
% of Gross Profit 2.0% 8.48% 9.84%
Operating Expenses $5.178M $4.135M $18.81M
YoY Change 3.96% -16.07% 5.49%
Operating Profit -$2.783M -$1.080M -$6.901M
YoY Change 8.97% -42.22% 15.52%
Interest Expense -$217.0K -$244.0K -$795.0K
YoY Change -70.23% 4780.0% 467.86%
% of Operating Profit
Other Income/Expense, Net $10.00K -$33.00K -$91.00K
YoY Change -37.5% -206.45% -100.54%
Pretax Income -$2.990M -$1.357M -$15.29M
YoY Change -8.48% -25.48% -241.99%
Income Tax -$39.00K $159.0K $51.00K
% Of Pretax Income
Net Earnings -$2.951M -$1.516M -$15.34M
YoY Change -14.07% -18.36% -244.65%
Net Earnings / Revenue -27.14% -14.02% -32.14%
Basic Earnings Per Share -$0.13 -$0.72
Diluted Earnings Per Share -$0.13 -$0.07 -$0.72
COMMON SHARES
Basic Shares Outstanding 23.56M 21.72M 21.36M
Diluted Shares Outstanding 22.93M 21.36M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.265M $2.789M $2.789M
YoY Change -76.78% -21.44% -21.44%
Cash & Equivalents $1.265M $2.789M $2.789M
Short-Term Investments
Other Short-Term Assets $1.782M $3.217M $3.217M
YoY Change -58.55% -23.4% -37.33%
Inventory
Prepaid Expenses $947.0K
Receivables $10.46M $10.06M $10.06M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $13.51M $16.07M $16.07M
YoY Change -33.01% -19.93% -19.93%
LONG-TERM ASSETS
Property, Plant & Equipment $724.0K $1.278M $1.278M
YoY Change -14.82% 52.32% -37.32%
Goodwill $6.299M $6.299M
YoY Change -52.78%
Intangibles $1.526M $1.687M
YoY Change -44.14%
Long-Term Investments
YoY Change
Other Assets $52.00K $588.0K $588.0K
YoY Change -96.82% 1030.77% 1030.77%
Total Long-Term Assets $10.63M $10.43M $10.43M
YoY Change -47.33% -45.07% -45.07%
TOTAL ASSETS
Total Short-Term Assets $13.51M $16.07M $16.07M
Total Long-Term Assets $10.63M $10.43M $10.43M
Total Assets $24.14M $26.50M $26.50M
YoY Change -40.17% -32.15% -32.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.560M $1.262M $1.262M
YoY Change 37.69% 7.04% 7.04%
Accrued Expenses $2.045M $3.525M $3.525M
YoY Change -63.6% 159.57% -24.71%
Deferred Revenue $4.104M $4.163M
YoY Change -17.22%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $2.693M $3.038M $3.038M
YoY Change 224.46%
Total Short-Term Liabilities $15.67M $15.65M $15.65M
YoY Change -5.34% 4.07% 4.07%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $310.0K $310.0K
YoY Change -100.0%
Other Long-Term Liabilities $192.0K $304.0K $304.0K
YoY Change -75.54% 69.83% -68.63%
Total Long-Term Liabilities $192.0K $614.0K $614.0K
YoY Change -94.87% 243.02% -36.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.67M $15.65M $15.65M
Total Long-Term Liabilities $192.0K $614.0K $614.0K
Total Liabilities $15.97M $16.27M $16.27M
YoY Change -21.3% 1.61% 1.61%
SHAREHOLDERS EQUITY
Retained Earnings -$72.94M -$69.93M
YoY Change 28.11%
Common Stock $252.0K $240.0K
YoY Change 6.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.174M $10.23M $10.23M
YoY Change
Total Liabilities & Shareholders Equity $24.14M $26.50M $26.50M
YoY Change -40.17% -32.15% -32.15%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$2.951M -$1.516M -$15.34M
YoY Change -14.07% -18.36% -244.65%
Depreciation, Depletion And Amortization $48.00K $259.0K $1.172M
YoY Change -33.33% -41.0% 290.67%
Cash From Operating Activities -$841.0K -$12.00K $738.0K
YoY Change -177.65% -109.02% -582.35%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $171.0K $238.0K
YoY Change -100.0% -208.23% -52.96%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$77.00K -$171.0K -$618.0K
YoY Change -58.82% 8.23% -20.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -620.0K -719.0K 795.0K
YoY Change -123.87% 47.64% -135.76%
NET CHANGE
Cash From Operating Activities -841.0K -12.00K 738.0K
Cash From Investing Activities -77.00K -171.0K -618.0K
Cash From Financing Activities -620.0K -719.0K 795.0K
Net Change In Cash -1.533M -902.0K 826.0K
YoY Change -143.89% 76.17% -126.21%
FREE CASH FLOW
Cash From Operating Activities -$841.0K -$12.00K $738.0K
Capital Expenditures $0.00 $171.0K $238.0K
Free Cash Flow -$841.0K -$183.0K $500.0K
YoY Change -166.22% -162.89% -175.87%

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CY2022 gvp Percentage In Which Conversion Price Can Be Adjusted
PercentageInWhichConversionPriceCanBeAdjusted
0.80
CY2022 gvp Number Of Lowest Daily Variable Average Weighted Prices
NumberOfLowestDailyVariableAverageWeightedPrices
3
CY2022 gvp Number Of Lowest Daily Variable Average Weighted Prices
NumberOfLowestDailyVariableAverageWeightedPrices
3
CY2022 gvp Number Of Trading Days Prior To Delivery
NumberOfTradingDaysPriorToDelivery
P20D
CY2022 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1.20
CY2022 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1.20
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-14400000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-15343000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
10607000
CY2022 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
21362897
CY2021 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
20761191
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21362897
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20761191
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2525420
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2022 gvp Number Of Broad Revenue Streams
NumberOfBroadRevenueStreams
3
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
47734000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55183000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4163000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5029000
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3785000
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4708000
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
15600000
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
500000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
12442000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10291000
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
464000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1687000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
12442000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9422000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3020000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1200000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
508000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
332000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
255000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
204000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
169000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
219000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1687000
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
16709000
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
10410000
CY2022Q4 us-gaap Goodwill
Goodwill
6299000
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
16709000
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
3370000
CY2021Q4 us-gaap Goodwill
Goodwill
13339000
CY2022 gvp Contract Receivable Period Maximum
ContractReceivablePeriodMaximum
P12M
CY2022Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
6074000
CY2021Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
6124000
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
5146000
CY2021Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
6143000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1156000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1010000
CY2022Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
10064000
CY2021Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
11257000
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
221000
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
677000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1010000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
360000
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
221000
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
677000
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
7000
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
28000
CY2022 gvp Accounts Receivable Allowance For Credit Loss Currency Adjustment
AccountsReceivableAllowanceForCreditLossCurrencyAdjustment
-68000
CY2021 gvp Accounts Receivable Allowance For Credit Loss Currency Adjustment
AccountsReceivableAllowanceForCreditLossCurrencyAdjustment
1000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1156000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1010000
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
78000
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
129000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
947000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
933000
CY2022Q4 gvp Employee Retention Credits Received
EmployeeRetentionCreditsReceived
1028000
CY2021Q4 gvp Employee Retention Credits Received
EmployeeRetentionCreditsReceived
4064000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
112000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
136000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2165000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5262000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6151000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5918000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5379000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5079000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
772000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
839000
CY2021 us-gaap Depreciation
Depreciation
300000
CY2022 us-gaap Depreciation
Depreciation
300000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
748000
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
922000
CY2022 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
44000
CY2021 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
43000
CY2022 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
195000
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
133000
CY2022 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
7000
CY2021 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-2000
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
502000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
748000
CY2022Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
370000
CY2021Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
667000
CY2022Q4 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
132000
CY2021Q4 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
81000
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
502000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
748000
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
603000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-15128000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
13351000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-164000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-2581000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-15292000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10770000
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-75000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
42000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
74000
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
95000
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
71000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
137000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
70000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-47000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
48000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-39000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
45000
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-86000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
93000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
163000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.024
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.021
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.003
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.002
CY2022 gvp Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Restructuring Percent
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateRestructuringPercent
0
CY2021 gvp Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Restructuring Percent
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateRestructuringPercent
0.023
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.207
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.023
CY2022 gvp Effective Income Tax Rate Reconciliation Paycheck Protection Program Loan Forgiveness Percentage
EffectiveIncomeTaxRateReconciliationPaycheckProtectionProgramLoanForgivenessPercentage
0
CY2021 gvp Effective Income Tax Rate Reconciliation Paycheck Protection Program Loan Forgiveness Percentage
EffectiveIncomeTaxRateReconciliationPaycheckProtectionProgramLoanForgivenessPercentage
-0.195
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.009
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.01
CY2022 gvp Effective Income Tax Rate Reconciliation Convertible Note Transactions
EffectiveIncomeTaxRateReconciliationConvertibleNoteTransactions
-0.012
CY2021 gvp Effective Income Tax Rate Reconciliation Convertible Note Transactions
EffectiveIncomeTaxRateReconciliationConvertibleNoteTransactions
0
CY2022 gvp Effective Income Tax Rate Reconciliation Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationUncertainTaxPositions
-0.007
CY2021 gvp Effective Income Tax Rate Reconciliation Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationUncertainTaxPositions
-0.075
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.001
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.003
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.015
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
7853000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6180000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
62000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
122000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
409000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
434000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
283000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
172000
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
2356000
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
2368000
CY2022Q4 gvp Deferred Tax Assets Goodwill
DeferredTaxAssetsGoodwill
1551000
CY2021Q4 gvp Deferred Tax Assets Goodwill
DeferredTaxAssetsGoodwill
892000
CY2022Q4 gvp Deferred Tax Assets Operating Lease Assets
DeferredTaxAssetsOperatingLeaseAssets
132000
CY2021Q4 gvp Deferred Tax Assets Operating Lease Assets
DeferredTaxAssetsOperatingLeaseAssets
472000
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
65000
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
29000
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
129000
CY2021Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
0
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
231000
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
243000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
13071000
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
10912000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
12572000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
9410000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
499000
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1502000
CY2022Q4 gvp Software Development Costs
SoftwareDevelopmentCosts
59000
CY2021Q4 gvp Software Development Costs
SoftwareDevelopmentCosts
135000
CY2022Q4 gvp Deferred Tax Liabilities Goodwill And Intangible Assets Indefinite Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIndefiniteIntangibleAssets
346000
CY2021Q4 gvp Deferred Tax Liabilities Goodwill And Intangible Assets Indefinite Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIndefiniteIntangibleAssets
1190000
CY2022Q4 gvp Deferred Tax Liability Operating Lease Liability
DeferredTaxLiabilityOperatingLeaseLiability
100000
CY2021Q4 gvp Deferred Tax Liability Operating Lease Liability
DeferredTaxLiabilityOperatingLeaseLiability
253000
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
17000
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
505000
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1595000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6000
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
93000
CY2022 gvp Tax Cuts And Jobs Act Of2017 Increase In Deferred Tax Assets Due To Transition Tax
TaxCutsAndJobsActOf2017IncreaseInDeferredTaxAssetsDueToTransitionTax
129000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
7900000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
7800000
CY2022Q4 gvp Deferred Tax Assets Operating Loss Carryforwards Domestic Expiring
DeferredTaxAssetsOperatingLossCarryforwardsDomesticExpiring
4600000
CY2022Q4 gvp Deferred Tax Assets Operating Loss Carryforwards Domestic Indefinite Lived
DeferredTaxAssetsOperatingLossCarryforwardsDomesticIndefiniteLived
3200000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
12600000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2800000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3600000
CY2022Q4 gvp Capital Stock Shares Authorized
CapitalStockSharesAuthorized
62000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2000000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
140000
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
111000
CY2022 gvp Stock Based Compensation Expense Related To Cash Settled Rsus
StockBasedCompensationExpenseRelatedToCashSettledRSUS
0
CY2021 gvp Stock Based Compensation Expense Related To Cash Settled Rsus
StockBasedCompensationExpenseRelatedToCashSettledRSUS
0
CY2022Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1283732
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
632000
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
605000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
506000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1200000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
418000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1205000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
160000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
790000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
578000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1995000
CY2022 gvp Area Of Office Space Leased
AreaOfOfficeSpaceLeased
2200
CY2022 gvp Lease Agreement Date
LeaseAgreementDate
2022-09-26
CY2022 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2024-11-30
CY2022 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
94000
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
700000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
60000
CY2022 us-gaap Sublease Income
SubleaseIncome
62000
CY2022 us-gaap Lease Cost
LeaseCost
698000
CY2022 gvp Number Of Tenants
NumberOfTenants
2
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
435000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
151000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3000
CY2022Q4 gvp Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
0
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
599000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
578000
CY2022Q4 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P1Y6M3D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
60000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1233000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1326000
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
293000
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
290000
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2022 gvp Contract Term
ContractTerm
P2Y
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
47734000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55183000
CY2022 us-gaap Gross Profit
GrossProfit
11910000
CY2021 us-gaap Gross Profit
GrossProfit
11858000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-14406000
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-5974000
CY2022 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1272000
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-159000
CY2022 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
477000
CY2021 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
19000
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-91000
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16884000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-15292000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10770000
CY2022Q4 us-gaap Assets
Assets
26496000
CY2021Q4 us-gaap Assets
Assets
39051000
CY2022 gvp Entitywidedisclosureonindustrypercentageofrevenuefromexternalcustomersattributabletonuclearindustry
Entitywidedisclosureonindustrypercentageofrevenuefromexternalcustomersattributabletonuclearindustry
0.89
CY2021 gvp Entitywidedisclosureonindustrypercentageofrevenuefromexternalcustomersattributabletonuclearindustry
Entitywidedisclosureonindustrypercentageofrevenuefromexternalcustomersattributabletonuclearindustry
0.91
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
47734000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-14406000
CY2022Q4 us-gaap Assets
Assets
26496000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55183000
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-5974000
CY2021Q4 us-gaap Assets
Assets
39051000
CY2022 gvp Entitywidedisclosureongeographicareaspercentageofrevenuefromexternalcustomersattributedtoforeigncountries
Entitywidedisclosureongeographicareaspercentageofrevenuefromexternalcustomersattributedtoforeigncountries
0.16
CY2021 gvp Entitywidedisclosureongeographicareaspercentageofrevenuefromexternalcustomersattributedtoforeigncountries
Entitywidedisclosureongeographicareaspercentageofrevenuefromexternalcustomersattributedtoforeigncountries
0.12
CY2022 us-gaap Interest Paid Net
InterestPaidNet
546000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
118000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
47000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
129000
CY2022 gvp Noncash Activity Of Financing Insurance Premium
NoncashActivityOfFinancingInsurancePremium
0
CY2021 gvp Noncash Activity Of Financing Insurance Premium
NoncashActivityOfFinancingInsurancePremium
890000
CY2022 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
758000
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
750000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
0
CY2022 gvp Number Of Owners
NumberOfOwners
2

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