2021 Q1 Form 10-Q Financial Statement
#000121070821000088 Filed on May 07, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q3 | 2020 Q1 |
---|---|---|---|
Revenue | $34.46M | $25.41M | $24.13M |
YoY Change | 42.81% | -1.35% | 49.08% |
Cost Of Revenue | $21.70M | $16.30M | $14.30M |
YoY Change | 51.75% | 13.46% | 110.57% |
Gross Profit | $12.70M | $9.100M | $9.800M |
YoY Change | 29.59% | -20.15% | 4.3% |
Gross Profit Margin | 36.85% | 35.81% | 40.61% |
Selling, General & Admin | $12.60M | $10.10M | $10.30M |
YoY Change | 22.33% | -7.34% | -9.65% |
% of Gross Profit | 99.21% | 110.99% | 105.1% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $110.0K | $20.00K | $24.00K |
YoY Change | 358.33% | 0.0% | 33.33% |
% of Gross Profit | 0.87% | 0.22% | 0.24% |
Operating Expenses | $34.44M | $26.52M | $24.66M |
YoY Change | 39.7% | 4.94% | 35.7% |
Operating Profit | $18.00K | -$1.102M | -$524.0K |
YoY Change | -103.44% | -323.08% | -73.56% |
Interest Expense | $10.00K | $14.00K | $79.00K |
YoY Change | -87.34% | -84.09% | -74.76% |
% of Operating Profit | 55.56% | ||
Other Income/Expense, Net | -$53.00K | $96.00K | $41.00K |
YoY Change | -229.27% | -210.34% | -210.81% |
Pretax Income | -$25.00K | -$992.0K | -$404.0K |
YoY Change | -93.81% | -300.4% | -76.32% |
Income Tax | $178.0K | $165.0K | $107.0K |
% Of Pretax Income | |||
Net Earnings | -$203.0K | -$1.157M | -$511.0K |
YoY Change | -60.27% | -417.86% | -73.13% |
Net Earnings / Revenue | -0.59% | -4.55% | -2.12% |
Basic Earnings Per Share | -$0.07 | -$0.41 | -$0.17 |
Diluted Earnings Per Share | -$0.07 | -$0.41 | -$0.17 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.891M shares | 2.858M shares | 3.065M shares |
Diluted Shares Outstanding | 2.891M shares | 2.858M shares | 3.065M shares |
Balance Sheet
Concept | 2021 Q1 | 2020 Q3 | 2020 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $23.20M | $29.30M | $26.10M |
YoY Change | -11.11% | 3.17% | -13.86% |
Cash & Equivalents | $23.15M | $29.35M | $26.13M |
Short-Term Investments | |||
Other Short-Term Assets | $1.100M | $1.400M | $900.0K |
YoY Change | 22.22% | 16.67% | -25.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $25.75M | $11.92M | $12.78M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $41.38M | $42.63M | $39.90M |
YoY Change | 3.72% | -5.95% | -9.38% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $125.0K | $132.0K | $164.0K |
YoY Change | -23.78% | -30.16% | -10.87% |
Goodwill | $2.088M | $0.00 | |
YoY Change | |||
Intangibles | $1.320M | ||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $5.000K | $7.000K | $7.000K |
YoY Change | -28.57% | 0.0% | 0.0% |
Total Long-Term Assets | $19.86M | $1.367M | $1.415M |
YoY Change | 1303.53% | -25.1% | -22.55% |
TOTAL ASSETS | |||
Total Short-Term Assets | $41.38M | $42.63M | $39.90M |
Total Long-Term Assets | $19.86M | $1.367M | $1.415M |
Total Assets | $61.24M | $44.00M | $41.31M |
YoY Change | 48.24% | -6.69% | -9.9% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $437.0K | $392.0K | $697.0K |
YoY Change | -37.3% | -73.58% | -29.09% |
Accrued Expenses | $11.00M | $9.200M | $6.900M |
YoY Change | 59.42% | 0.0% | -8.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $810.0K | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $11.43M | $10.35M | $7.571M |
YoY Change | 51.0% | -3.19% | -11.01% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $500.0K | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $193.0K | $167.0K | $163.0K |
YoY Change | 18.4% | -2.91% | 7.95% |
Total Long-Term Liabilities | $193.0K | $167.0K | $163.0K |
YoY Change | 18.4% | -2.91% | 7.95% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $11.43M | $10.35M | $7.571M |
Total Long-Term Liabilities | $193.0K | $167.0K | $163.0K |
Total Liabilities | $12.83M | $11.94M | $8.682M |
YoY Change | 47.78% | -9.51% | -21.34% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$438.0M | -$438.9M | -$437.0M |
YoY Change | 0.21% | 0.22% | -0.1% |
Common Stock | $487.1M | $486.7M | $486.2M |
YoY Change | 0.18% | 0.15% | 0.19% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $15.33M | $15.33M | $15.32M |
YoY Change | 0.03% | 17.8% | 22.54% |
Treasury Stock Shares | 987.0K shares | 987.0K shares | 987.0K shares |
Shareholders Equity | $34.15M | $32.06M | $32.63M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $46.98M | $44.00M | $41.31M |
YoY Change | 13.72% | -6.69% | -9.9% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q3 | 2020 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$203.0K | -$1.157M | -$511.0K |
YoY Change | -60.27% | -417.86% | -73.13% |
Depreciation, Depletion And Amortization | $110.0K | $20.00K | $24.00K |
YoY Change | 358.33% | 0.0% | 33.33% |
Cash From Operating Activities | -$2.412M | -$500.0K | -$2.730M |
YoY Change | -11.65% | -363.16% | -56.08% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$40.00K | -$10.00K | -$10.00K |
YoY Change | 300.0% | -75.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$40.00K | -$10.00K | -$10.00K |
YoY Change | 300.0% | -71.43% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | $2.239M | |
YoY Change | -100.0% | -39.54% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $0.00 | 0.000 | -$2.250M |
YoY Change | -100.0% | -100.0% | -44.0% |
NET CHANGE | |||
Cash From Operating Activities | -$2.412M | -500.0K | -$2.730M |
Cash From Investing Activities | -$40.00K | -10.00K | -$10.00K |
Cash From Financing Activities | $0.00 | 0.000 | -$2.250M |
Net Change In Cash | -$2.608M | -510.0K | -$5.218M |
YoY Change | -50.02% | 537.5% | -48.93% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.412M | -$500.0K | -$2.730M |
Capital Expenditures | -$40.00K | -$10.00K | -$10.00K |
Free Cash Flow | -$2.372M | -$490.0K | -$2.720M |
YoY Change | -12.79% | -357.89% | -55.96% |
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2685000 | shares |
CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
4000 | USD |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
4000 | USD |
CY2021Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
487127000 | USD |
CY2020Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
486825000 | USD |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-437953000 | USD |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-437750000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
300000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
526000 | USD |
CY2021Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
987000 | shares |
CY2020Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
987000 | shares |
CY2021Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
15327000 | USD |
CY2020Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
15325000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34151000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34280000 | USD |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
46981000 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
45386000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-203000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-511000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
110000 | USD |
CY2020Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
24000 | USD |
CY2021Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD |
CY2020Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-70000 | USD |
CY2020Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
66000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
302000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
144000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3813000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1083000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
22000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
94000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1284000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1278000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2412000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2730000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
40000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
10000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-40000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10000 | USD |
CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2239000 | USD |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD |
CY2020Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
11000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2250000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-156000 | USD |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-228000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2608000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-5218000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26199000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
31718000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23591000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26500000 | USD |
CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1000 | USD |
CY2021Q1 | hson |
Interest Received
InterestReceived
|
10000 | USD |
CY2020Q1 | hson |
Interest Received
InterestReceived
|
79000 | USD |
CY2021Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
299000 | USD |
CY2020Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
202000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
112000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
67000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
611000 | USD |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
77000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34280000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
36034000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34151000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
32630000 | USD |
CY2021Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
DESCRIPTION OF BUSINESS<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company is comprised of the operations, assets, and liabilities of the Company's three regional businesses of Hudson Americas, Hudson Asia Pacific, and Hudson Europe. The Company provides Recruitment Process Outsourcing (“RPO”) permanent recruitment and contracting outsourced recruitment solutions. These services are tailored to the individual needs of primarily mid-to-large-cap multinational companies. The Company's RPO delivery teams utilize state-of-the-art recruitment process methodologies and project management expertise in their flexible, turnkey solutions to meet clients' ongoing business needs. The Company's RPO services include complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting.</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> On October 1, 2020, the Company completed its acquisition of Coit Staffing, Inc., which expanded its presence in the technology sector and established a Technology Group located in San Francisco. The Technology Group operates jointly with the Company’s existing teams in the Americas, Asia Pacific, and in Europe, to provide continuous access to knowledge regarding new and emerging technologies in the RPO, Managed Solutions Provider, and Total Talent Solutions space, enabling the Company to better serve its clients around the world.</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company operates directly in twelve countries with three reportable geographic business segments: Americas, Asia Pacific, and Europe. See Note 13 to the Condensed Consolidated Financial Statements for further details regarding the reportable segments. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> In December 2019, a novel strain of coronavirus, referred to as COVID-19, was reported to have originated in Wuhan, Hubei Province, China. On January 30, 2020, the World Health Organization (“WHO”) declared that the virus had become a global public-health emergency. On March 11, 2020, the WHO declared the outbreak to be a pandemic, based on the rapid increase in exposure globally. Many countries around the world have imposed quarantines and restrictions on travel and mass gatherings to slow the spread of the virus. Our business continues to be impacted by the outbreak and the accompanying economic downturn. Some of our customers continue to have instituted hiring freezes, while other customers operating in the banking, pharmaceutical, and technology industries, which may be considered as essential businesses in different jurisdictions, or customers that are more capable of working remotely than other industries, have been allowed to operate as usual. The inability to conduct in-person interviews has also impacted our business. The expected timeline for this reduction in demand for our services remains uncertain and difficult to predict considering the rapidly evolving landscape.</span></div> | |
CY2021Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | Segment |
CY2021Q1 | us-gaap |
Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
|
12 | Country |
CY2021Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | Segment |
CY2021Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
ACCOUNTING PRONOUNCEMENTS<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Adoption of New Accounting Pronouncements</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> On January 1, 2021, the Company adopted Accounting Standards Update (“ASU”) 2019-12, “Income Taxes (“Topic 740”): Simplifying the Accounting for Income Taxes”. The standard simplifies accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The ASU also clarifies and amends existing guidance to improve consistent application. For public business entities, this standard is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2020. The adoption of this standard did not have a material impact on the condensed consolidated financial statements.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Recent Accounting Standard Update Not Yet Adopted</span></div> In June 2016, the Financial Accounting Standards Board (the “FASB”) issued ASU 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). This standard requires an impairment model (known as the current expected credit loss ( “CECL”) model) that is based on expected losses rather than incurred losses. Under the new guidance, each reporting entity should estimate an allowance for expected credit losses, which is intended to result in more timely recognition of losses. This model replaces multiple existing impairment models in current U.S. GAAP, which generally requires a loss to be incurred before it is recognized. The new standard applies to trade receivables arising from revenue transactions such as contract assets and accounts receivable. Under Accounting Standards Codification (“ASC 606”), revenue is recognized when, among other criteria, it is probable that an entity will collect the consideration it is entitled to when goods or services are transferred to a customer. When trade receivables are recorded, they become subject to the CECL model and estimates of expected credit losses on trade receivables over their contractual life will be required to be recorded at inception based on historical information, current conditions, and reasonable and supportable forecasts. This guidance is effective for smaller reporting companies for annual periods beginning after December 15, 2022, including the interim periods in the year. Early adoption is permitted. The Company will adopt the guidance when it becomes effective. | |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
34461000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
24131000 | USD |
CY2021Q1 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
1316000 | USD |
CY2021Q1 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
-334000 | USD |
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
250000 | shares |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
117116 | shares |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
152171 | shares |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
302000 | USD |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
144000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
178000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-25000 | USD |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
107000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-404000 | USD |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-7.21 | |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.27 | |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
672000 | USD |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
669000 | USD |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
611000 | USD |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
594000 | USD |
CY2021Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.07 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.17 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-203000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-511000 | USD |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2891000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3065000 | shares |
CY2021Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2020Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2891000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3065000 | shares |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
204963 | shares |
CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
40771 | shares |
CY2020Q3 | us-gaap |
Goodwill
Goodwill
|
0 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1320000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1480000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
160000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1320000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
80000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
240000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
310000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
280000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
280000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
210000 | USD |
CY2021Q1 | hson |
Legal Reserves
LegalReserves
|
0 | USD |
CY2020Q4 | hson |
Legal Reserves
LegalReserves
|
0 | USD |
CY2021Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
177000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
139000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y8M12D | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
355000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
274000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
121000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
750000 | USD |
CY2020Q2 | hson |
Proceeds From Government Lending
ProceedsFromGovernmentLending
|
1326000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
300000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
526000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
300000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
526000 | USD |
CY2015Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
10000000 | USD |
CY2015Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
10000000 | USD |
CY2021Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | Segment |
CY2021Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | Segment |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
34461000 | USD |
CY2021Q1 | hson |
Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
|
0 | USD |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
34461000 | USD |
CY2021Q1 | hson |
Revenue Less Certain Direct Costs From External Customers
RevenueLessCertainDirectCostsFromExternalCustomers
|
12718000 | USD |
CY2021Q1 | hson |
Intersegment Revenue Less Certain Direct Costs
IntersegmentRevenueLessCertainDirectCosts
|
0 | USD |
CY2021Q1 | hson |
Revenue Less Certain Direct Costs
RevenueLessCertainDirectCosts
|
12718000 | USD |
CY2021Q1 | hson |
Ebitda Gain Loss
EbitdaGainLoss
|
75000 | USD |
CY2021Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
110000 | USD |
CY2020Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
24000 | USD |
CY2020Q1 | hson |
Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
|
0 | USD |
CY2021Q1 | hson |
Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
|
0 | USD |
CY2021Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
10000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-25000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
178000 | USD |
CY2021Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
17118000 | USD |
CY2021Q1 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3533000 | USD |
CY2021Q1 | us-gaap |
Assets
Assets
|
46981000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
24131000 | USD |
CY2020Q1 | hson |
Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
|
0 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
24131000 | USD |
CY2020Q1 | hson |
Revenue Less Certain Direct Costs From External Customers
RevenueLessCertainDirectCostsFromExternalCustomers
|
9798000 | USD |
CY2020Q1 | hson |
Intersegment Revenue Less Certain Direct Costs
IntersegmentRevenueLessCertainDirectCosts
|
0 | USD |
CY2020Q1 | hson |
Revenue Less Certain Direct Costs
RevenueLessCertainDirectCosts
|
9798000 | USD |
CY2020Q1 | hson |
Ebitda Gain Loss
EbitdaGainLoss
|
-459000 | USD |
CY2020Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
79000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-404000 | USD |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
107000 | USD |
CY2020Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
12778000 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
164000 | USD |
CY2020Q1 | us-gaap |
Assets
Assets
|
41312000 | USD |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
34461000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
24131000 | USD |
CY2021Q1 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3533000 | USD |
CY2021Q1 | us-gaap |
Assets Net
AssetsNet
|
34151000 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
164000 | USD |
CY2020Q1 | us-gaap |
Assets Net
AssetsNet
|
32630000 | USD |
CY2018Q4 | us-gaap |
Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
|
1 | shares |
CY2018Q4 | hson |
Warrantsand Rights Preferred Stockto Common Stock Conversion Treatment
WarrantsandRightsPreferredStocktoCommonStockConversionTreatment
|
1 | shares |
CY2018Q4 | hson |
Warrants And Rights Not Exercisable Numberof Days After Public Announcementof Acquiring Person
WarrantsAndRightsNotExercisableNumberofDaysAfterPublicAnnouncementofAcquiringPerson
|
P10D | |
CY2018Q4 | hson |
Warrants And Rights Not Exercisable Numberof Days After Tenderor Exchange Offer Is Completed By Acquiring Person
WarrantsAndRightsNotExercisableNumberofDaysAfterTenderorExchangeOfferIsCompletedByAcquiringPerson
|
P10D | |
CY2018Q4 | hson |
Warrantsand Rights Optionto Exercise Market Value Multiplierof Purchase Price
WarrantsandRightsOptiontoExerciseMarketValueMultiplierofPurchasePrice
|
2 | |
CY2018Q4 | hson |
Warrantsand Rights Optionto Exercise Market Value Multiplierof Purchase Price
WarrantsandRightsOptiontoExerciseMarketValueMultiplierofPurchasePrice
|
2 | |
CY2018Q4 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
0.001 | |
CY2018Q4 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
0.001 |