2022 Q3 Form 10-Q Financial Statement

#000184029222000024 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $3.100M $2.392M $3.539M
YoY Change 40.78% 183.08% 585.85%
Cost Of Revenue $3.423M $2.386M $37.26M
YoY Change 148.95% 182.37% 7121.12%
Gross Profit -$323.0K $6.000K -$33.72M
YoY Change -139.06%
Gross Profit Margin -10.42% 0.25% -952.87%
Selling, General & Admin $18.27M $22.59M $20.40M
YoY Change 110.29% 430.26% 847.72%
% of Gross Profit 376483.33%
Research & Development $11.17M $6.147M $9.605M
YoY Change 141.84% 130.66% 497.33%
% of Gross Profit 102450.0%
Depreciation & Amortization $836.0K $693.0K $760.0K
YoY Change 505.8% 766.25% 1307.41%
% of Gross Profit 11550.0%
Operating Expenses $29.44M $28.74M $30.00M
YoY Change 121.24% 314.96% 697.87%
Operating Profit -$29.76M -$28.73M -$63.72M
YoY Change 138.49% 314.87% 1594.73%
Interest Expense $259.0K $213.0K $194.0K
YoY Change 31.47% -619.51% 385.0%
% of Operating Profit
Other Income/Expense, Net $1.256M -$109.0K -$76.00K
YoY Change -107.95% -251.39% 130.3%
Pretax Income -$27.88M -$20.34M -$59.58M
YoY Change -1.42% -63.89% 1368.89%
Income Tax -$46.00K -$100.0K -$610.0K
% Of Pretax Income
Net Earnings -$27.83M -$20.22M -$58.97M
YoY Change -1.58% -64.11% 1353.85%
Net Earnings / Revenue -897.71% -845.19% -1666.23%
Basic Earnings Per Share -$0.14 -$0.11 -$0.32
Diluted Earnings Per Share -$0.14 -$0.11 -$0.32
COMMON SHARES
Basic Shares Outstanding 190.4M shares 190.2M shares 184.0M shares
Diluted Shares Outstanding 192.6M shares 190.2M shares 184.0M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $159.5M $175.9M $191.9M
YoY Change 107.13% 10245.47% 10161.18%
Cash & Equivalents $35.44M $60.73M $63.62M
Short-Term Investments $124.0M $115.1M $128.3M
Other Short-Term Assets $6.776M $8.179M $7.263M
YoY Change 501.24% 2720.34% 1245.0%
Inventory
Prepaid Expenses
Receivables $334.0K $500.0K $900.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $172.8M $189.8M $212.9M
YoY Change 120.53% 9437.39% 8732.24%
LONG-TERM ASSETS
Property, Plant & Equipment $10.09M $6.470M $4.636M
YoY Change -45.55%
Goodwill $926.0K $984.0K $1.111M
YoY Change
Intangibles $3.232M $3.555M $4.063M
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.81M $19.72M $16.06M
YoY Change 151.85% 10857.78%
Total Long-Term Assets $44.72M $47.78M $43.31M
YoY Change 58.11% -52.14% -51.78%
TOTAL ASSETS
Total Short-Term Assets $172.8M $189.8M $212.9M
Total Long-Term Assets $44.72M $47.78M $43.31M
Total Assets $217.6M $237.6M $256.2M
YoY Change 103.98% 133.29% 177.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.335M $3.916M $2.294M
YoY Change 15.31%
Accrued Expenses $7.410M $5.794M $6.266M
YoY Change 56.26% 142.22% 677.42%
Deferred Revenue $8.500M $8.500M $7.900M
YoY Change 409.29% 214.24%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $48.81M $49.15M $50.61M
YoY Change 476.49% 730.3% 1196.8%
LONG-TERM LIABILITIES
Long-Term Debt $22.00K $26.00K $31.00K
YoY Change
Other Long-Term Liabilities $1.233M $2.413M $2.591M
YoY Change -99.26% -85.1% -86.47%
Total Long-Term Liabilities $1.255M $2.439M $2.622M
YoY Change -99.25% -84.94% -86.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $48.81M $49.15M $50.61M
Total Long-Term Liabilities $1.255M $2.439M $2.622M
Total Liabilities $66.31M $68.63M $78.86M
YoY Change -62.08% 265.25% 293.34%
SHAREHOLDERS EQUITY
Retained Earnings -$273.6M -$245.8M -$225.5M
YoY Change 174.41% 578.79%
Common Stock $19.00K $19.00K $19.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $151.3M $168.9M $177.3M
YoY Change
Total Liabilities & Shareholders Equity $217.6M $237.6M $256.2M
YoY Change 103.98% 133.29% 177.75%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$27.83M -$20.22M -$58.97M
YoY Change -1.58% -64.11% 1353.85%
Depreciation, Depletion And Amortization $836.0K $693.0K $760.0K
YoY Change 505.8% 766.25% 1307.41%
Cash From Operating Activities -$18.19M -$8.687M -$22.67M
YoY Change 88.54% 10.28% 3527.68%
INVESTING ACTIVITIES
Capital Expenditures -$3.829M -$2.124M $1.360M
YoY Change 462.26% 263.08% 739.51%
Acquisitions
YoY Change
Other Investing Activities -$3.707M $8.206M -$101.4M
YoY Change 191.66% -181.04% 266.82%
Cash From Investing Activities -$7.536M $6.082M -$102.7M
YoY Change 286.07% -156.78% 269.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 132.0K 678.0K -$1.065M
YoY Change -110.86% -93.29% -101.46%
NET CHANGE
Cash From Operating Activities -18.19M -8.687M -$22.67M
Cash From Investing Activities -7.536M 6.082M -$102.7M
Cash From Financing Activities 132.0K 678.0K -$1.065M
Net Change In Cash -25.59M -1.927M -$126.5M
YoY Change 99.71% -77.28% -383.65%
FREE CASH FLOW
Cash From Operating Activities -$18.19M -$8.687M -$22.67M
Capital Expenditures -$3.829M -$2.124M $1.360M
Free Cash Flow -$14.36M -$6.563M -$24.03M
YoY Change 60.15% -10.0% 2953.75%

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us-gaap Other Nonoperating Income Expense
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CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022Q2 us-gaap Income Tax Expense Benefit
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CY2021Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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187123737 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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45932000 usd
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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Stock Issued During Period Value Share Based Compensation
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hlg Stock Issued During Period Value Warrants Exercised
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CY2021Q2 us-gaap Temporary Equity Shares Outstanding
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CY2021Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
45932000 usd
CY2021Q2 us-gaap Stockholders Equity
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CY2022Q1 us-gaap Temporary Equity Shares Outstanding
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0 shares
CY2022Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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CY2022Q1 us-gaap Stockholders Equity
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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StockIssuedDuringPeriodValueStockOptionsExercised
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2022Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
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CY2022Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
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CY2022Q2 us-gaap Stockholders Equity
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168946000 usd
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2022Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
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CY2022Q2 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Depreciation Depletion And Amortization
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1453000 usd
us-gaap Depreciation Depletion And Amortization
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us-gaap Share Based Compensation
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24506000 usd
us-gaap Share Based Compensation
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hlg Financial Instruments Subject To Mandatory Redemption Settlement Terms Impact Of Changes In Fair Value Of Shares On Amount
FinancialInstrumentsSubjectToMandatoryRedemptionSettlementTermsImpactOfChangesInFairValueOfSharesOnAmount
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hlg Financial Instruments Subject To Mandatory Redemption Settlement Terms Impact Of Changes In Fair Value Of Shares On Amount
FinancialInstrumentsSubjectToMandatoryRedemptionSettlementTermsImpactOfChangesInFairValueOfSharesOnAmount
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us-gaap Fair Value Adjustment Of Warrants
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us-gaap Fair Value Adjustment Of Warrants
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2282000 usd
us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
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814000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Increase Decrease In Receivables
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us-gaap Increase Decrease In Receivables
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165000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3761000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Other Noncurrent Assets
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us-gaap Increase Decrease In Other Noncurrent Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Increase Decrease In Contract With Customer Liability
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hlg Increase Decrease In Contract Loss Provisions
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30577000 usd
hlg Increase Decrease In Contract Loss Provisions
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3484000 usd
us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
199779000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
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37760000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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40800000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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65817000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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hlg Financial Instruments Subject To Mandatory Redemption Issuance Costs Paid
FinancialInstrumentsSubjectToMandatoryRedemptionIssuanceCostsPaid
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hlg Proceeds From Financial Instruments Subject To Mandatory Redemption
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hlg Proceeds From Financial Instruments Subject To Mandatory Redemption
ProceedsFromFinancialInstrumentsSubjectToMandatoryRedemption
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us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
1274000 usd
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
0 usd
us-gaap Repayments Of Notes Payable
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0 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
411000 usd
us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
231000 usd
us-gaap Proceeds From Warrant Exercises
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us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
36105000 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
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
63188000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54439000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60731000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54439000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2457000 usd
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
63188000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54439000 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
3000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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209000 usd
hlg Right Of Use Asset Removed Upon Lease Termination For Operating Lease Liability
RightOfUseAssetRemovedUponLeaseTerminationForOperatingLeaseLiability
306000 usd
hlg Right Of Use Asset Removed Upon Lease Termination For Operating Lease Liability
RightOfUseAssetRemovedUponLeaseTerminationForOperatingLeaseLiability
4580000 usd
hlg Warrants Issued
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9428000 usd
hlg Warrants Issued
WarrantsIssued
1051000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
251000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
43000 usd
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 hlg Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
2.013
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:120%">Use of Estimates</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%">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, 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>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
ReclassificationsCertain immaterial prior period amounts have been reclassified to conform to current period presentation. Such changes did not have a material impact on our financial position or results of operation.
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CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q2 hlg Government Assistance Amount
GovernmentAssistanceAmount
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CY2021Q2 hlg Government Assistance Amount
GovernmentAssistanceAmount
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hlg Government Assistance Amount
GovernmentAssistanceAmount
2923000 usd
hlg Government Assistance Amount
GovernmentAssistanceAmount
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CY2022Q2 us-gaap Revenues
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CY2021Q2 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
5931000 usd
us-gaap Revenues
Revenues
1361000 usd
CY2022Q2 hlg Government Assistance Amount
GovernmentAssistanceAmount
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hlg Government Assistance Amount
GovernmentAssistanceAmount
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us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
42800000 usd
us-gaap Contract With Customer Receivable Credit Loss Expense Reversal
ContractWithCustomerReceivableCreditLossExpenseReversal
33700000 usd
us-gaap Contract With Customer Receivable Credit Loss Expense Reversal
ContractWithCustomerReceivableCreditLossExpenseReversal
0 usd
CY2021Q2 us-gaap Contract With Customer Receivable Credit Loss Expense Reversal
ContractWithCustomerReceivableCreditLossExpenseReversal
0 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8500000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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hlg Contract With Customer Liability Increase For Deferred Revenue Additions
ContractWithCustomerLiabilityIncreaseForDeferredRevenueAdditions
11400000 usd
hlg Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
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hlg Contract With Customer Liability Increase Decrease Other
ContractWithCustomerLiabilityIncreaseDecreaseOther
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CY2022Q2 us-gaap Receivables Net Current
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CY2022Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
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CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
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CY2022Q2 us-gaap Unbilled Receivables Current
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CY2022Q2 hlg Government Assistance Amount Cumulative Current
GovernmentAssistanceAmountCumulativeCurrent
4400000 usd
CY2021Q4 us-gaap Receivables Net Current
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CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
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CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
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CY2021Q4 us-gaap Unbilled Receivables Current
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CY2021Q4 hlg Government Assistance Amount Cumulative Current
GovernmentAssistanceAmountCumulativeCurrent
1400000 usd
CY2022Q2 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
400000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
256000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
944000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
862000 usd
CY2022Q2 us-gaap Accrued Professional Fees Current
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1301000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1379000 usd
CY2022Q2 hlg Accrued Research And Development Costs Current
AccruedResearchAndDevelopmentCostsCurrent
1888000 usd
CY2021Q4 hlg Accrued Research And Development Costs Current
AccruedResearchAndDevelopmentCostsCurrent
1895000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1405000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2240000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
598000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5794000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6974000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-100000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11524000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
190182474 shares
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
353000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24506000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
564000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-20217000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-56333000 usd
us-gaap Net Income Loss
NetIncomeLoss
-79185000 usd
us-gaap Net Income Loss
NetIncomeLoss
-60389000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
188351584 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
10623517 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
186162907 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
10195971 shares
CY2022Q2 hlg Weighted Average Number Of Shares Assumed Exercise Of Warrants
WeightedAverageNumberOfSharesAssumedExerciseOfWarrants
1830890 shares
CY2021Q2 hlg Weighted Average Number Of Shares Assumed Exercise Of Warrants
WeightedAverageNumberOfSharesAssumedExerciseOfWarrants
0 shares
hlg Weighted Average Number Of Shares Assumed Exercise Of Warrants
WeightedAverageNumberOfSharesAssumedExerciseOfWarrants
960830 shares
hlg Weighted Average Number Of Shares Assumed Exercise Of Warrants
WeightedAverageNumberOfSharesAssumedExerciseOfWarrants
0 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10623517 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
187123737 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10195971 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
190182474 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10623517 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
187123737 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10195971 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.92
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.92
CY2022Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2021Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
117886982 shares
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-987000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-157000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
125310000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-830000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-14000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-14000 usd
CY2021 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 usd
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
523000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
124787000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
32349000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
17000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
32332000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Current
DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent
115100000 usd
hlg Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded
0 usd
CY2021Q2 hlg Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded
0 usd
CY2022Q2 hlg Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded
0 usd
hlg Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded
0 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-200000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-200000 usd
CY2021Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 usd

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