2023 Q1 Form 10-K Financial Statement

#000143774923004908 Filed on February 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $68.95M $68.54M $266.8M
YoY Change 5.48% 6.52% 3.94%
Cost Of Revenue $23.86M $23.54M $91.14M
YoY Change 8.45% 2.42% 0.12%
Gross Profit $45.09M $45.00M $175.7M
YoY Change 3.97% 8.8% 6.04%
Gross Profit Margin 65.4% 65.66% 65.84%
Selling, General & Admin $17.89M $20.50M $81.01M
YoY Change -8.71% -2.33% 2.35%
% of Gross Profit 39.68% 45.57% 46.11%
Research & Development $11.68M $11.81M $44.28M
YoY Change 12.18% 3.08% 6.28%
% of Gross Profit 25.9% 26.24% 25.2%
Depreciation & Amortization $9.926M $9.611M $37.95M
YoY Change 6.48% 2.57% 3.08%
% of Gross Profit 22.01% 21.36% 21.6%
Operating Expenses $11.68M $41.92M $44.28M
YoY Change 12.18% 0.25% 6.28%
Operating Profit $2.891M $3.077M $12.45M
YoY Change -28.35% -768.91% 54.55%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $250.0K $191.0K $3.136M
YoY Change -190.58% -589.74% -1185.12%
Pretax Income $3.141M $3.268M $15.59M
YoY Change -16.44% -754.91% 100.68%
Income Tax $500.0K $819.0K $3.494M
% Of Pretax Income 15.92% 25.06% 22.42%
Net Earnings $2.623M $2.449M $12.09M
YoY Change -9.33% -732.82% 106.86%
Net Earnings / Revenue 3.8% 3.57% 4.53%
Basic Earnings Per Share $0.09 $0.39
Diluted Earnings Per Share $0.09 $0.08 $0.39
COMMON SHARES
Basic Shares Outstanding 30.58M 30.57M 30.65M
Diluted Shares Outstanding 30.66M 30.72M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $58.65M $53.91M $53.91M
YoY Change 29.26% 3.78% 3.78%
Cash & Equivalents $48.84M $46.02M $46.02M
Short-Term Investments $9.818M $7.885M $7.885M
Other Short-Term Assets $8.207M $8.688M $17.76M
YoY Change -16.87% -19.73% -11.11%
Inventory
Prepaid Expenses
Receivables $41.56M $36.73M $42.71M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $125.1M $114.4M $114.4M
YoY Change 16.68% 7.05% 7.05%
LONG-TERM ASSETS
Property, Plant & Equipment $14.69M $15.48M $38.24M
YoY Change -13.95% -13.74% -11.31%
Goodwill $191.1M $192.4M
YoY Change 4.55% 5.42%
Intangibles $81.55M
YoY Change -8.58%
Long-Term Investments $4.391M $4.518M $4.518M
YoY Change -35.11% -35.85% -35.85%
Other Assets $662.0K $808.0K $29.54M
YoY Change -29.42% -20.47% 15.24%
Total Long-Term Assets $378.1M $383.4M $383.4M
YoY Change 0.36% 0.91% 0.91%
TOTAL ASSETS
Total Short-Term Assets $125.1M $114.4M $114.4M
Total Long-Term Assets $378.1M $383.4M $383.4M
Total Assets $503.2M $497.7M $497.7M
YoY Change 3.97% 2.26% 2.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.12M $7.287M $29.46M
YoY Change 13.24% 42.16% 474.74%
Accrued Expenses $6.533M $25.01M $8.283M
YoY Change -5.51% 52.79% 3.99%
Deferred Revenue $94.35M $79.47M
YoY Change 4.97% 7.66%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $121.0M $117.2M $117.2M
YoY Change 5.62% 16.8% 16.8%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.195M $2.210M $28.47M
YoY Change 49.83% 49.63% -2.63%
Total Long-Term Liabilities $2.195M $2.210M $28.47M
YoY Change 49.83% 49.63% -2.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $121.0M $117.2M $117.2M
Total Long-Term Liabilities $2.195M $2.210M $28.47M
Total Liabilities $123.2M $119.4M $163.7M
YoY Change 6.18% 17.28% 10.79%
SHAREHOLDERS EQUITY
Retained Earnings $82.07M $80.21M
YoY Change 15.57% 17.75%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $336.0M $334.1M $334.1M
YoY Change
Total Liabilities & Shareholders Equity $503.2M $497.7M $497.7M
YoY Change 3.97% 2.26% 2.26%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $2.623M $2.449M $12.09M
YoY Change -9.33% -732.82% 106.86%
Depreciation, Depletion And Amortization $9.926M $9.611M $37.95M
YoY Change 6.48% 2.57% 3.08%
Cash From Operating Activities $20.54M $8.108M $51.19M
YoY Change -0.55% 36.29% 20.77%
INVESTING ACTIVITIES
Capital Expenditures $879.0K $6.140M $1.768M
YoY Change 38.21% -199.56% -48.26%
Acquisitions $6.621M $3.965M
YoY Change 29995.45% -15.73%
Other Investing Activities -$8.471M -$4.222M -$3.287M
YoY Change -384.36% 62.14% 771.88%
Cash From Investing Activities -$16.92M -$10.36M -$28.39M
YoY Change 326.96% 18.14% 10.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $23.14M
YoY Change 362.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$791.0K -47.00K -$23.70M
YoY Change -96.09% -99.18% 281.74%
NET CHANGE
Cash From Operating Activities $20.54M 8.108M $51.19M
Cash From Investing Activities -$16.92M -10.36M -$28.39M
Cash From Financing Activities -$791.0K -47.00K -$23.70M
Net Change In Cash $2.813M -2.301M -$882.0K
YoY Change -179.58% -73.06% -108.53%
FREE CASH FLOW
Cash From Operating Activities $20.54M $8.108M $51.19M
Capital Expenditures $879.0K $6.140M $1.768M
Free Cash Flow $19.66M $1.968M $49.42M
YoY Change -1.78% -83.76% 26.82%

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WeightedAverageNumberOfDilutedSharesOutstanding
31989000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
12091000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
5845000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
14091000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1091000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11004000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5950000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14088000 usd
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
338168000 usd
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
99000 usd
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
6000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
4000 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
6000 usd
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-9000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1087000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
105000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
14091000 usd
CY2020 hstm Dividend Forfeitures On Unvested Equity Awards
DividendForfeituresOnUnvestedEquityAwards
43000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000 usd
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2217000 usd
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-435000 usd
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
20019000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
334062000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
5845000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
105000 usd
CY2021 hstm Treasury Stock Value Donated Shares
TreasuryStockValueDonatedShares
-0 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5303000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1182000 usd
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
5114000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
339019000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
12091000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1087000 usd
CY2022 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
4084000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3554000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-565000 usd
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
23032000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
334064000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
12091000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
5845000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
14091000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
37945000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36813000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30189000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3554000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
5303000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
2217000 usd
CY2022 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
10599000 usd
CY2021 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
9169000 usd
CY2020 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
8768000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
385000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
723000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
274000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
710000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1539000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4295000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
25000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-21000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-0 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-747000 usd
CY2020 us-gaap Payments For Software
PaymentsForSoftware
16815000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1768000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-462000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-51000 usd
CY2022 hstm Non Cash Paid Time Off Expense
NonCashPaidTimeOffExpense
0 usd
CY2021 hstm Non Cash Paid Time Off Expense
NonCashPaidTimeOffExpense
-1011000 usd
CY2020 hstm Non Cash Paid Time Off Expense
NonCashPaidTimeOffExpense
0 usd
CY2022 hstm Non Cash Royalty Expense
NonCashRoyaltyExpense
0 usd
CY2021 hstm Non Cash Royalty Expense
NonCashRoyaltyExpense
0 usd
CY2022 hstm Change In Fair Value Of Non Marketable Equity Investments
ChangeInFairValueOfNonMarketableEquityInvestments
-3596000 usd
CY2021 hstm Change In Fair Value Of Non Marketable Equity Investments
ChangeInFairValueOfNonMarketableEquityInvestments
-279000 usd
CY2020 hstm Change In Fair Value Of Non Marketable Equity Investments
ChangeInFairValueOfNonMarketableEquityInvestments
-1181000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-184000 usd
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-347000 usd
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
7770000 usd
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-10344000 usd
CY2020 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2992000 usd
CY2022 us-gaap Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
-84000 usd
CY2021 us-gaap Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
-416000 usd
CY2020 us-gaap Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
-2397000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2329000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1772000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2985000 usd
CY2022 hstm Increase Decrease In Deferred Commissions
IncreaseDecreaseInDeferredCommissions
14931000 usd
CY2021 hstm Increase Decrease In Deferred Commissions
IncreaseDecreaseInDeferredCommissions
13274000 usd
CY2020 hstm Increase Decrease In Deferred Commissions
IncreaseDecreaseInDeferredCommissions
11030000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-208000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-52000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
112000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3742000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4329000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1124000 usd
CY2022 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
406000 usd
CY2021 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
-3772000 usd
CY2020 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
-4672000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4707000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-7593000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1467000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
51188000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
42385000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
35874000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3965000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4705000 usd
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
121342000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
10625000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9931000 usd
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
77120000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
15051000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
13467000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
5223000 usd
CY2020 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
61179000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
26000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3417000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1182000 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
435000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
23137000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5008000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20019000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
-0 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2022 hstm Proceeds From The Sale Of Nonmarketable Equity Investments
ProceedsFromTheSaleOfNonmarketableEquityInvestments
3494000 usd
CY2021 hstm Proceeds From The Sale Of Nonmarketable Equity Investments
ProceedsFromTheSaleOfNonmarketableEquityInvestments
1370000 usd
CY2020 hstm Proceeds From The Sale Of Nonmarketable Equity Investments
ProceedsFromTheSaleOfNonmarketableEquityInvestments
0 usd
CY2022 hstm Payments To Acquire Non Marketable Equity Investments
PaymentsToAcquireNonMarketableEquityInvestments
-0 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19000 usd
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
40000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1988000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23702000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6209000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-20494000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-114000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28389000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25723000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-110410000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
565000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-882000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10339000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-94972000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
46905000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
36566000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
131538000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
46023000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
46905000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
36566000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
99000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
132000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
96000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
718000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
178440000 usd
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
226000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
182501000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-92000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
877000 usd
CY2022 hstm Non Cash Additions To Non Marketable Equity Method Investment
NonCashAdditionsToNonMarketableEquityMethodInvestment
0 usd
CY2021 hstm Non Cash Additions To Non Marketable Equity Method Investment
NonCashAdditionsToNonMarketableEquityMethodInvestment
0 usd
CY2020 hstm Non Cash Additions To Non Marketable Equity Method Investment
NonCashAdditionsToNonMarketableEquityMethodInvestment
1300000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Use of Estimates</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Consolidated Financial Statements are prepared in accordance with United States generally accepted accounting principles. These accounting principles require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates and such differences could be material to the Consolidated Financial Statements.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2021 us-gaap Depreciation
Depreciation
6300000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
700000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
853000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
385000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
694000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
544000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
549000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
723000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
419000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
853000 usd
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
843000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
274000 usd
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
568000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
549000 usd
CY2020 us-gaap Depreciation
Depreciation
6900000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14500000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14900000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
23800000 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
21400000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
18900000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
15600000 usd
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
12700000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10500000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
182501000 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1900000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Concentrations of Credit Risk and Significant Customers</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Company’s credit risks relate primarily to cash and cash equivalents, marketable securities, and accounts receivable. The Company places its temporary excess cash in high quality, short-term money market instruments. At times, such investments <em style="font: inherit;"> may </em>be in excess of the FDIC insurance limits. Marketable securities consist primarily of investment grade corporate debt securities.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Company sells its products and services to various companies in the healthcare industry that are primarily located in the United States. Customer credit worthiness evaluations are performed on an as-needed basis, and the Company generally requires <em style="font: inherit;">no</em> collateral from customers. An allowance for credit losses is maintained for potentially uncollectible accounts receivable. The Company did <em style="font: inherit;">not</em> have any single customer representing over <em style="font: inherit;">10%</em> of net revenues or accounts receivable during or as of the years ended <em style="font: inherit;"> December 31, </em><em style="font: inherit;">2022</em>, <em style="font: inherit;">2021</em>, or <em style="font: inherit;">2020</em>, respectively.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
78000
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CY2021Q4 us-gaap Common Stock Shares Outstanding
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2000 usd
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Assets
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Assets
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
90000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.34
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
405000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
32000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
20.34
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
142000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23321000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26178000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3554000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5303000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2217000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
200000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1500000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
2000000.0 usd
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
4300000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
5500000 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
4800000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
4700000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
5300000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y1M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.06 pure
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
22759000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
25168000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
26161000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
29106000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4347000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4401000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4022000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3650000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3385000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
13616000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
33421000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7260000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
26161000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
200000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
200000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
37000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
1500000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
2800000 usd
CY2022 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
2800000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
4100000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentCumulativeAmount
1300000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
1300000 usd

Files In Submission

Name View Source Status
hstm-20221231_cal.xml Edgar Link unprocessable
hstm-20221231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0001437749-23-004908-index-headers.html Edgar Link pending
0001437749-23-004908-index.html Edgar Link pending
0001437749-23-004908.txt Edgar Link pending
0001437749-23-004908-xbrl.zip Edgar Link pending
carrot01.jpg Edgar Link pending
ex_431902.htm Edgar Link pending
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ex_479686.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
graph22.jpg Edgar Link pending
hstm-20221231.xsd Edgar Link pending
hstm20221231_10k.htm Edgar Link pending
MetaLinks.json Edgar Link pending
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hstm-20221231_def.xml Edgar Link unprocessable
hstm-20221231_lab.xml Edgar Link unprocessable
hstm20221231_10k_htm.xml Edgar Link completed
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