2021 Q4 Form 10-K Financial Statement

#000162828022008070 Filed on March 31, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q2 2021 Q1
Revenue $5.241M $845.0K $516.0K
YoY Change
Cost Of Revenue $6.203M $845.0K $516.0K
YoY Change 5638990.91%
Gross Profit -$962.0K $0.00 $0.00
YoY Change 874445.45%
Gross Profit Margin -18.36% 0.0% 0.0%
Selling, General & Admin $14.75M $4.260M $2.152M
YoY Change 814.56%
% of Gross Profit
Research & Development $4.587M $2.665M $1.608M
YoY Change 217.89%
% of Gross Profit
Depreciation & Amortization $290.0K $80.00K $54.00K
YoY Change 108.18%
% of Gross Profit
Operating Expenses $19.33M $6.925M $3.760M
YoY Change 532.76%
Operating Profit -$20.29M -$6.925M -$3.760M
YoY Change 564.22%
Interest Expense $635.0K -$41.00K $40.00K
YoY Change -74805.88%
% of Operating Profit
Other Income/Expense, Net -$28.57M $72.00K -$33.00K
YoY Change -491907.23%
Pretax Income -$48.74M -$56.33M -$4.056M
YoY Change 1497.89%
Income Tax $2.000K $0.00 $0.00
% Of Pretax Income
Net Earnings -$48.74M -$56.33M -$4.056M
YoY Change 1497.95%
Net Earnings / Revenue -930.03% -6666.63% -786.05%
Basic Earnings Per Share -$5.30 -$0.42
Diluted Earnings Per Share -$265.1K -$5.30 -$0.42
COMMON SHARES
Basic Shares Outstanding 10.62M shares 9.764M shares
Diluted Shares Outstanding 10.62M shares 9.764M shares

Balance Sheet

Concept 2021 Q4 2021 Q2 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $222.4M $1.700M $1.870M
YoY Change
Cash & Equivalents $190.1M $54.44M $62.92M
Short-Term Investments $32.33M
Other Short-Term Assets $874.0K $290.0K $540.0K
YoY Change
Inventory $0.00
Prepaid Expenses
Receivables $900.0K
Other Receivables $0.00
Total Short-Term Assets $227.2M $1.990M $2.410M
YoY Change 1123.06%
LONG-TERM ASSETS
Property, Plant & Equipment $4.102M
YoY Change 613.39%
Goodwill $4.204M
YoY Change
Intangibles $147.0K
YoY Change
Long-Term Investments $250.0M $250.0M
YoY Change
Other Assets $4.219M $180.0K
YoY Change
Total Long-Term Assets $30.27M $99.85M $89.82M
YoY Change 2449.71%
TOTAL ASSETS
Total Short-Term Assets $227.2M $1.990M $2.410M
Total Long-Term Assets $30.27M $99.85M $89.82M
Total Assets $257.4M $101.8M $92.23M
YoY Change 1202.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.645M
YoY Change 1413.03%
Accrued Expenses $6.974M $2.392M $806.0K
YoY Change 1228.38%
Deferred Revenue $500.0K $1.669M $2.514M
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $12.53M $5.920M $3.903M
YoY Change 983.82%
LONG-TERM LIABILITIES
Long-Term Debt $35.00K
YoY Change -59.77%
Other Long-Term Liabilities $2.080M $16.20M $19.15M
YoY Change
Total Long-Term Liabilities $2.115M $16.20M $19.15M
YoY Change 2331.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.53M $5.920M $3.903M
Total Long-Term Liabilities $2.115M $16.20M $19.15M
Total Liabilities $43.39M $18.79M $20.05M
YoY Change 2464.42%
SHAREHOLDERS EQUITY
Retained Earnings -$166.6M -$89.56M -$33.23M
YoY Change 471.03%
Common Stock $18.00K
YoY Change 1700.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $214.1M -$87.44M -$31.48M
YoY Change
Total Liabilities & Shareholders Equity $257.4M $101.8M $92.23M
YoY Change 1202.74%

Cashflow Statement

Concept 2021 Q4 2021 Q2 2021 Q1
OPERATING ACTIVITIES
Net Income -$48.74M -$56.33M -$4.056M
YoY Change 1497.95%
Depreciation, Depletion And Amortization $290.0K $80.00K $54.00K
YoY Change 108.18%
Cash From Operating Activities -$12.91M -$7.877M -$625.0K
YoY Change 84.36%
INVESTING ACTIVITIES
Capital Expenditures -$2.408M -$585.0K $162.0K
YoY Change 717.57%
Acquisitions
YoY Change
Other Investing Activities $4.221M -$10.13M -$27.63M
YoY Change
Cash From Investing Activities $1.813M -$10.71M -$27.80M
YoY Change -715.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 161.1M 10.11M $73.01M
YoY Change 1407.2%
NET CHANGE
Cash From Operating Activities -12.91M -7.877M -$625.0K
Cash From Investing Activities 1.813M -10.71M -$27.80M
Cash From Financing Activities 161.1M 10.11M $73.01M
Net Change In Cash 150.0M -8.480M $44.59M
YoY Change 4324.43%
FREE CASH FLOW
Cash From Operating Activities -$12.91M -$7.877M -$625.0K
Capital Expenditures -$2.408M -$585.0K $162.0K
Free Cash Flow -$10.50M -$7.292M -$787.0K
YoY Change 56.55%

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-86907000 USD
CY2020 hlg Financial Instruments Subject To Mandatory Redemption Settlement Terms Impact Of Changes In Fair Value Of Shares On Amount
FinancialInstrumentsSubjectToMandatoryRedemptionSettlementTermsImpactOfChangesInFairValueOfSharesOnAmount
0 USD
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
6651000 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
7000 USD
CY2021 hlg Loss On Contracts Net Of Amortization
LossOnContractsNetOfAmortization
5180000 USD
CY2020 hlg Loss On Contracts Net Of Amortization
LossOnContractsNetOfAmortization
0 USD
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1277000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
3597000 USD
CY2020 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
0 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
497000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
150000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
2571000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1885000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-51000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4245000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
212000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
123000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 USD
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1061000 USD
CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-134000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
69000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7002000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
0 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-31055000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3836000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
295000 USD
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
49304000 USD
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
16224000 USD
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1684000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
46000 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-38646000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-295000 USD
CY2020 hlg Temporary Equity Issuance Costs Paid
TemporaryEquityIssuanceCostsPaid
13300 USD
CY2021 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
0 USD
CY2020 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
10242000 USD
CY2021 hlg Financial Instruments Subject To Mandatory Redemption Issuance Costs Paid
FinancialInstrumentsSubjectToMandatoryRedemptionIssuanceCostsPaid
30100 USD
CY2021 hlg Proceeds From Financial Instruments Subject To Mandatory Redemption
ProceedsFromFinancialInstrumentsSubjectToMandatoryRedemption
83411000 USD
CY2020 hlg Proceeds From Financial Instruments Subject To Mandatory Redemption
ProceedsFromFinancialInstrumentsSubjectToMandatoryRedemption
0 USD
CY2021 hlg Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
159400000 USD
CY2020 hlg Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
0 USD
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
411000 USD
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
411000 USD
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
524000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
33000 USD
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
30000 USD
CY2020 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
242948000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10686000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
173247000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3389000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18334000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14945000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191581000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18334000 USD
CY2021Q4 hlg Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
2.013
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 hlg Reverse Recapitalization Consideration Transferred Shares
ReverseRecapitalizationConsiderationTransferredShares
200600000 shares
CY2021Q4 hlg Reverse Recapitalization Price Per Share
ReverseRecapitalizationPricePerShare
10.00
CY2021Q4 hlg Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
2.013
CY2021Q4 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
16500000 shares
CY2021Q4 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
165000000 USD
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
183367000 shares
CY2021Q4 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
165000000 USD
CY2021Q4 hlg Cash Acquired Through Reverse Recapitalization
CashAcquiredThroughReverseRecapitalization
22848000 USD
CY2021Q4 hlg Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
159400000 USD
CY2021Q4 hlg Reverse Recapitalization Accrued Transaction Costs
ReverseRecapitalizationAccruedTransactionCosts
1474000 USD
CY2021Q4 hlg Noncash Or Part Noncash Acquisition Prepaid Expense And Receivables Acquired
NoncashOrPartNoncashAcquisitionPrepaidExpenseAndReceivablesAcquired
1651000 USD
CY2021Q4 hlg Noncash Or Part Noncash Acquisition Warrants Assumed
NoncashOrPartNoncashAcquisitionWarrantsAssumed
10880000 USD
CY2021Q4 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
498000 USD
CY2021Q4 hlg Reverse Recapitalization Net
ReverseRecapitalizationNet
148199000 USD
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 hlg Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
2.013
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:112%">Reclassifications</span></div><div style="margin-top:10pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain immaterial prior period amounts, specifically warrant remeasurement, have been reclassified to conform to current period presentation. All dollar amounts (other than per share amounts) in the following disclosures are in thousands of United States dollars, unless otherwise indicated.</span></div>
CY2021Q2 us-gaap Assets
Assets
101838000 USD
CY2021Q1 us-gaap Assets
Assets
92229000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1669000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2514000 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2392000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
806000 USD
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
5920000 USD
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
3903000 USD
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-89561000 USD
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-33228000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-87440000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-31475000 USD
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
101838000 USD
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
92229000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
845000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1361000 USD
CY2021Q2 us-gaap Cost Of Revenue
CostOfRevenue
845000 USD
us-gaap Cost Of Revenue
CostOfRevenue
1361000 USD
CY2021Q2 us-gaap Gross Profit
GrossProfit
0 USD
us-gaap Gross Profit
GrossProfit
0 USD
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4260000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6412000 USD
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2665000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4273000 USD
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
6925000 USD
us-gaap Operating Expenses
OperatingExpenses
10685000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-6925000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-10685000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-56333000 USD
us-gaap Net Income Loss
NetIncomeLoss
-60389000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-56335000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-60403000 USD
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-10.68
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-11.92
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-10.68
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-11.92
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
516000 USD
CY2021Q1 us-gaap Cost Of Revenue
CostOfRevenue
516000 USD
CY2021Q1 us-gaap Gross Profit
GrossProfit
0 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2152000 USD
CY2021Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1608000 USD
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
3760000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3760000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-4056000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4068000 USD
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.84
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.84
CY2021Q2 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
200000 USD
CY2021Q1 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
100000 USD
us-gaap Net Income Loss
NetIncomeLoss
-60389000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-4056000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1113000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
227000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1669000 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2514000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8502000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-625000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:112%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the amounts reported in our consolidated financial statements and the accompanying notes. On an ongoing basis, we evaluate our estimates, including those related to inputs used to recognize revenue over time, accounting for income taxes, the fair values of share-based compensation, lease liabilities, common and preferred stock and warrant liabilities, and long-lived asset impairments. Despite our intention to establish accurate estimates and reasonable assumptions, actual results could differ materially from such estimates and assumptions</span></div>
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
190100000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18300000 USD
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1500000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
300000 USD
CY2021 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
0 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2021 us-gaap Depreciation
Depreciation
500000 USD
CY2020 us-gaap Depreciation
Depreciation
100000 USD
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reportingUnit
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Goodwill
Goodwill
4200000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
0 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2021 hlg Hosting Arrangement Service Contract Implementation Cost Amount Capitalized
HostingArrangementServiceContractImplementationCostAmountCapitalized
1200000 USD
CY2021 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
49000 USD
CY2020Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAfterAccumulatedAmortization
0 USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
35000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
800000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
200000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P4Y
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8804000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
200000 USD
CY2021 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
0 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
9200000 USD
CY2021 us-gaap Loss On Contracts
LossOnContracts
6500000 USD
CY2021 hlg Loss On Contracts Amortization
LossOnContractsAmortization
1300000 USD
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
3500000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
900000 USD
CY2021Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
2600000 USD
CY2020Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
0 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
500000 USD
CY2021 hlg Contract With Customer Liability Increase For Deferred Revenue Additions
ContractWithCustomerLiabilityIncreaseForDeferredRevenueAdditions
5800000 USD
CY2021 hlg Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
5300000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
0 USD
CY2021Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000 shares
CY2021Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
320000000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
183367037 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
183367037 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8160828 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8160828 shares
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4809000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
794000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
707000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
219000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4102000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
575000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
862000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
155000 USD
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1379000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
108000 USD
CY2021Q4 hlg Accrued Research And Development Costs Current
AccruedResearchAndDevelopmentCostsCurrent
1895000 USD
CY2020Q4 hlg Accrued Research And Development Costs Current
AccruedResearchAndDevelopmentCostsCurrent
0 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2240000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
209000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
598000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
53000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6974000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
525000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-141536000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-7437000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-653000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
0 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-142189000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7437000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-29860000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1562000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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