2021 Q1 Form 10-Q Financial Statement

#000119312521163839 Filed on May 17, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q4 2020 Q1
Revenue $49.77M $74.78M $67.08M
YoY Change -25.8% 9.0%
Cost Of Revenue $14.26M $13.92M $23.44M
YoY Change -39.17%
Gross Profit $35.52M $60.86M $43.64M
YoY Change -18.62%
Gross Profit Margin 71.35% 81.39% 65.06%
Selling, General & Admin $23.67M $22.94M $33.13M
YoY Change -28.56%
% of Gross Profit 66.65% 37.69% 75.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.500M $6.669M $6.941M
YoY Change -6.35% 21.11%
% of Gross Profit 18.3% 10.96% 15.91%
Operating Expenses $16.52M $29.61M $63.52M
YoY Change -74.0% -4.22%
Operating Profit $33.26M $31.25M $3.564M
YoY Change 833.14% -174.67%
Interest Expense $362.0K -$58.00K $428.0K
YoY Change -15.42% 14.13%
% of Operating Profit 1.09% -0.19% 12.01%
Other Income/Expense, Net -$49.00K $0.00 -$222.0K
YoY Change -77.93% -111.73%
Pretax Income $33.21M $39.35M $3.342M
YoY Change 893.66% -216.04%
Income Tax $7.983M $3.562M -$1.072M
% Of Pretax Income 24.04% 9.05% -32.08%
Net Earnings $25.23M $35.78M $4.414M
YoY Change 471.48% -243.13%
Net Earnings / Revenue 50.68% 47.85% 6.58%
Basic Earnings Per Share $0.46 $0.08
Diluted Earnings Per Share $0.35 $497.5K $0.06
COMMON SHARES
Basic Shares Outstanding 54.86M 54.86M 54.86M
Diluted Shares Outstanding 71.66M 68.99M

Balance Sheet

Concept 2021 Q1 2020 Q4 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $144.0M $130.4M $78.34M
YoY Change 83.82%
Cash & Equivalents $124.1M $130.4M $78.34M
Short-Term Investments $19.94M
Other Short-Term Assets $4.501M $3.563M $2.653M
YoY Change 69.66%
Inventory $5.546M $5.937M $7.703M
Prepaid Expenses $3.222M $2.310M $1.433M
Receivables $22.17M $7.977M $4.451M
Other Receivables $3.026M $0.00 $0.00
Total Short-Term Assets $179.2M $147.9M $93.15M
YoY Change 92.43% 73.9%
LONG-TERM ASSETS
Property, Plant & Equipment $143.0M $149.4M $163.0M
YoY Change -12.31% -1.22%
Goodwill
YoY Change
Intangibles $5.300M $5.300M $5.300M
YoY Change 0.0% 0.0%
Long-Term Investments $4.275M $4.275M $4.275M
YoY Change 0.0%
Other Assets $68.61M $53.21M $32.06M
YoY Change 113.99% 46.29%
Total Long-Term Assets $211.6M $202.6M $195.1M
YoY Change 8.45% 7.99%
TOTAL ASSETS
Total Short-Term Assets $179.2M $147.9M $93.15M
Total Long-Term Assets $211.6M $202.6M $195.1M
Total Assets $390.8M $350.5M $288.2M
YoY Change 35.59% 28.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.38M $11.77M $17.87M
YoY Change -30.72% -29.11%
Accrued Expenses $17.64M $16.47M $21.88M
YoY Change -19.41%
Deferred Revenue $26.37M $18.44M $7.100M
YoY Change 271.34% 121.09%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $28.22M $23.65M $13.55M
YoY Change 108.33% 84.13%
Total Short-Term Liabilities $85.47M $70.44M $60.59M
YoY Change 41.06% 17.17%
LONG-TERM LIABILITIES
Long-Term Debt $88.92M $94.19M $107.1M
YoY Change -17.0% -12.66%
Other Long-Term Liabilities $2.798M $2.774M $1.646M
YoY Change 69.99% 67.61%
Total Long-Term Liabilities $150.6M $150.3M $132.5M
YoY Change 13.65% 11.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $85.47M $70.44M $60.59M
Total Long-Term Liabilities $150.6M $150.3M $132.5M
Total Liabilities $236.1M $220.7M $193.1M
YoY Change 22.25% 13.13%
SHAREHOLDERS EQUITY
Retained Earnings -$146.5M -$171.8M -$207.1M
YoY Change -29.25% -18.8%
Common Stock $555.0K $555.0K $555.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $481.0K $481.0K $481.0K
YoY Change 0.0% 0.0%
Treasury Stock Shares $617.8K
Shareholders Equity $141.6M $116.5M $81.77M
YoY Change
Total Liabilities & Shareholders Equity $390.8M $350.5M $288.2M
YoY Change 35.59% 28.54%

Cashflow Statement

Concept 2021 Q1 2020 Q4 2020 Q1
OPERATING ACTIVITIES
Net Income $25.23M $35.78M $4.414M
YoY Change 471.48% -243.13%
Depreciation, Depletion And Amortization $6.500M $6.669M $6.941M
YoY Change -6.35% 21.11%
Cash From Operating Activities $14.75M $13.88M $11.81M
YoY Change 24.91% 31.68%
INVESTING ACTIVITIES
Capital Expenditures $163.0K $418.0K $2.918M
YoY Change -94.41% -75.55%
Acquisitions
YoY Change
Other Investing Activities -$20.00M $9.000K $1.000K
YoY Change -1999700.0%
Cash From Investing Activities -$20.16M $427.0K -$2.916M
YoY Change 591.32% -75.56%
FINANCING ACTIVITIES
Cash Dividend Paid $198.0K $0.00
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $700.0K $0.00
YoY Change
Cash From Financing Activities -898.0K -4.498M 0.000
YoY Change
NET CHANGE
Cash From Operating Activities 14.75M 13.88M 11.81M
Cash From Investing Activities -20.16M 427.0K -2.916M
Cash From Financing Activities -898.0K -4.498M 0.000
Net Change In Cash -6.311M 9.813M 8.889M
YoY Change -171.0% -399.6%
FREE CASH FLOW
Cash From Operating Activities $14.75M $13.88M $11.81M
Capital Expenditures $163.0K $418.0K $2.918M
Free Cash Flow $14.58M $13.47M $8.887M
YoY Change 64.09% -399.02%

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CY2021Q1 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
47201000
CY2021Q1 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
30281000
CY2021Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021Q1 us-gaap Contractual Obligation
ContractualObligation
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CY2021Q1 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
15516000
CY2021Q1 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
14867000
CY2021Q1 hrbr Contractual Obligation To Be Paid After Year Four
ContractualObligationToBePaidAfterYearFour
579000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
25225000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
4414000
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
1037000
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
0
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
10083000
CY2020Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
700000
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1837000
CY2021Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
5300000
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
5300000
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
5300000
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
5300000
CY2020Q1 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
165000
CY2021Q1 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
198000
CY2021Q1 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
13200000
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
13200000
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.321
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
CY2021Q1 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
198000
CY2020Q1 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
165000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25027000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4249000
CY2022Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
0.80
CY2021Q1 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
31075000
CY2020Q4 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
30720000
CY2021Q1 us-gaap Liabilities
Liabilities
236064000
CY2020Q4 us-gaap Liabilities
Liabilities
220728000
CY2021Q1 us-gaap Treasury Stock Value
TreasuryStockValue
481000
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
481000
CY2020Q2 us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
3000000
CY2020Q3 us-gaap Payments For Flight Equipment
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818000
CY2021Q1 hrbr Increase Decrease In Variable Lease Cost
IncreaseDecreaseInVariableLeaseCost
33000
CY2020Q1 hrbr Increase Decrease In Variable Lease Cost
IncreaseDecreaseInVariableLeaseCost
29000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
299000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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559000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
16500000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
13567000
CY2021Q1 dei Document Type
DocumentType
10-Q
CY2021Q1 dei Amendment Flag
AmendmentFlag
false
CY2021Q1 dei Document Period End Date
DocumentPeriodEndDate
2021-03-31
CY2021Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
HARBOR DIVERSIFIED, INC.
CY2021Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000899394
CY2021Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-57000
CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2021Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q1 dei Entity File Number
EntityFileNumber
001-34584
CY2021Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-3697002
CY2021Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
W6390 Challenger Drive
CY2021Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 203
CY2021Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Appleton
CY2021Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
54914-9120
CY2021Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
WI
CY2021Q1 dei City Area Code
CityAreaCode
920
CY2021Q1 dei Local Phone Number
LocalPhoneNumber
749-4188
CY2021Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
54863305
CY2021Q1 hrbr Long Term Debt Current Principal Amount
LongTermDebtCurrentPrincipalAmount
25558000
CY2020Q4 hrbr Long Term Debt Current Principal Amount
LongTermDebtCurrentPrincipalAmount
20922000
CY2021Q1 hrbr Long Term Debt Non Current Principal Amount
LongTermDebtNonCurrentPrincipalAmount
81430000
CY2020Q4 hrbr Long Term Debt Non Current Principal Amount
LongTermDebtNonCurrentPrincipalAmount
86066000
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
55481140
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
55481140
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54863305
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54863305
CY2021Q1 hrbr Cares Act Payroll Support Program
CaresActPayrollSupportProgram
27914000
CY2020Q1 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
84000
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-49000
CY2020Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-544000
CY2021Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-57000
CY2021Q1 hrbr Increase Decrease In Federal Tax Receivable
IncreaseDecreaseInFederalTaxReceivable
3026000
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
24000
CY2021Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
20000000
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
700000
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
198000
CY2021Q1 hrbr Deferred Long Term Revenue
DeferredLongTermRevenue
355000
CY2021Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
19943000
CY2021Q1 hrbr Federal Tax Receivable
FederalTaxReceivable
3026000
CY2021Q1 hrbr Longterm Note Receivable
LongtermNoteReceivable
39675000
CY2020Q4 hrbr Longterm Note Receivable
LongtermNoteReceivable
32440000
CY2021Q1 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-57000
CY2021Q1 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
24218000
CY2020Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
0
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: times new roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Estimates and Assumptions </div></div></div></div> <div style="font-family: times new roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates. </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2021Q1 us-gaap Reclassifications
Reclassifications
<div style="font-family: times new roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Reclassification </div></div></div></div> <div style="font-family: times new roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">In accordance with ASU <div style="white-space: nowrap; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">2016-18,</div> restricted cash on the consolidated statement of cash flows for the three months ended March&#160;31, 2020, has been reclassified to be included in the beginning and ending balances of cash and cash equivalents. The restricted cash was previously reported in the cash flows from investing activities section of the statement<div style="letter-spacing: 0px; top: 0px;;display:inline;">s</div> of cash flows. </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2021Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
CY2021Q1 hrbr Stock Repurchase Program
StockRepurchaseProgram
<div style="font-family: times new roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">13. Stock Repurchase Program </div></div></div> <div style="font-family: times new roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Effective March&#160;30, 2021, the Company&#8217;s board of directors adopted a stock repurchase program pursuant to which the Company may initially repurchase up to $1,000 of shares of its common stock during the first calendar month of the program, subject to an automatic increase of $1,000 per calendar month thereafter until such time as the Board takes action to amend or terminate the program. The Company is not obligated under the program to acquire any particular number or value of shares and can suspend or terminate the program at any time. </div></div> <div style="font-family: times new roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company did not </div><div style="display:inline;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">acquire any shares of its common stock during the three months ended March&#160;31, 2021. </div></div><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2849000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3793000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3568000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3199000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2528000
CY2021Q1 hrbr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
579000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16516000
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2788000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
13728000
CY2021Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
945000
CY2020Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4861000
CY2021Q1 us-gaap Common Stock Convertible Conversion Price Decrease
CommonStockConvertibleConversionPriceDecrease
0.15091
CY2021Q1 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
April 2010 through January 2020
CY2021Q1 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
974000
CY2021Q1 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
7235000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
22952000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
26110000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
11897000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
11644000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
44535000
CY2021Q1 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
11048000
CY2021Q1 hrbr Cash Paid
CashPaid
670000
CY2021Q1 hrbr Revenue Performance Obligation
RevenuePerformanceObligation
7235000
CY2021Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.045
CY2021Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2023-02-28
CY2021Q1 us-gaap Interest Receivable
InterestReceivable
669000
CY2021Q1 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0
CY2021Q1 hrbr Percentage Of The Diluted Capital Stock
PercentageOfTheDilutedCapitalStock
0.230
CY2021Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2021Q1 dei Entity Shell Company
EntityShellCompany
false
CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2021Q1 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0
CY2020Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
0
CY2020Q1 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
0
CY2020Q1 hrbr Increase Decrease In Federal Tax Receivable
IncreaseDecreaseInFederalTaxReceivable
0
CY2020Q1 hrbr Deferred Long Term Revenue
DeferredLongTermRevenue
0
CY2020Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0
CY2020Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
0
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0
CY2021Q1 hrbr Number Of Outstanding Letter Of Credit
NumberOfOutstandingLetterOfCredit
5

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