2019 Q4 Form 10-K Financial Statement

#000119312520070296 Filed on March 11, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $9.381M $7.857M $7.329M
YoY Change 34.9% 26.89% 18.94%
Cost Of Revenue $2.220M $1.803M $1.603M
YoY Change 44.16% 24.0% 16.33%
Gross Profit $7.165M $6.054M $5.726M
YoY Change 32.44% 27.78% 19.69%
Gross Profit Margin 76.38% 77.05% 78.13%
Selling, General & Admin $6.520M $5.460M $4.978M
YoY Change 6.54% 40.79% 38.7%
% of Gross Profit 91.0% 90.19% 86.94%
Research & Development $2.520M $2.485M $2.139M
YoY Change 25.37% 22.11% 3.99%
% of Gross Profit 35.17% 41.05% 37.36%
Depreciation & Amortization $180.0K $170.0K $160.0K
YoY Change 5.88% 0.0% -11.11%
% of Gross Profit 2.51% 2.81% 2.79%
Operating Expenses $9.110M $8.014M $7.184M
YoY Change 10.96% 33.86% 25.53%
Operating Profit -$1.945M -$1.960M -$1.458M
YoY Change -30.54% 56.93% 55.27%
Interest Expense -$1.390M $193.0K $202.0K
YoY Change 152.73% 63.56% 78.76%
% of Operating Profit
Other Income/Expense, Net -$990.0K -$2.053M
YoY Change 1000.0% 2344.05%
Pretax Income -$3.340M -$2.950M -$3.511M
YoY Change -0.3% 120.31% 243.21%
Income Tax $10.00K $6.000K $19.00K
% Of Pretax Income
Net Earnings -$3.348M -$2.956M -$3.530M
YoY Change 0.12% 116.56% 243.72%
Net Earnings / Revenue -35.69% -37.62% -48.16%
Basic Earnings Per Share -$0.15 -$0.20
Diluted Earnings Per Share -$172.9K -$0.15 -$0.20
COMMON SHARES
Basic Shares Outstanding 19.36M 19.28M 17.64M
Diluted Shares Outstanding 19.28M 17.64M

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.31M $17.43M $19.57M
YoY Change 25.59% 155.95% 151.22%
Cash & Equivalents $15.31M $17.43M $19.57M
Short-Term Investments
Other Short-Term Assets $1.440M $1.390M $1.080M
YoY Change 39.81% 15.83% -4.42%
Inventory $2.611M $2.387M $2.258M
Prepaid Expenses
Receivables $9.819M $8.002M $6.771M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $29.20M $29.21M $29.77M
YoY Change 37.59% 80.66% 71.58%
LONG-TERM ASSETS
Property, Plant & Equipment $551.0K $543.0K $546.0K
YoY Change -0.18% 26.57% 19.21%
Goodwill $8.362M $8.362M $8.362M
YoY Change 0.0% 0.0% 0.0%
Intangibles $1.183M $1.274M $1.367M
YoY Change -23.68% -22.36% -21.16%
Long-Term Investments
YoY Change
Other Assets $12.00M $50.00K $50.00K
YoY Change 20.43% 0.0% 0.0%
Total Long-Term Assets $12.55M $12.36M $10.88M
YoY Change 19.35% 17.91% 2.57%
TOTAL ASSETS
Total Short-Term Assets $29.20M $29.21M $29.77M
Total Long-Term Assets $12.55M $12.36M $10.88M
Total Assets $41.75M $41.57M $40.65M
YoY Change 31.54% 55.97% 45.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.990M $1.255M $1.727M
YoY Change 72.44% 43.92% 98.05%
Accrued Expenses $6.590M $6.376M $5.620M
YoY Change 30.24% 69.12% 69.79%
Deferred Revenue $5.604M
YoY Change 7.58%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.260M $3.260M $2.270M
YoY Change 127.81% 158.73% 238.81%
Total Short-Term Liabilities $18.84M $16.55M $14.86M
YoY Change 42.21% 42.39% 35.17%
LONG-TERM LIABILITIES
Long-Term Debt $15.65M $14.87M $14.55M
YoY Change 39.23% 207.87% 169.44%
Other Long-Term Liabilities $2.190M $1.950M $350.0K
YoY Change 8011.11% 3723.53% 386.11%
Total Long-Term Liabilities $17.84M $16.82M $14.90M
YoY Change 65974.07% 32880.39% 20594.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.84M $16.55M $14.86M
Total Long-Term Liabilities $17.84M $16.82M $14.90M
Total Liabilities $36.68M $33.38M $29.75M
YoY Change 47.65% 97.69% 73.27%
SHAREHOLDERS EQUITY
Retained Earnings -$224.3M -$221.0M -$218.0M
YoY Change 6.43% 6.53% 5.8%
Common Stock $230.8M $230.6M $230.3M
YoY Change 5.35% 5.48% 5.53%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.415M $1.415M $1.415M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares $185.8K $185.8K $185.8K
Shareholders Equity $5.071M $8.192M $10.90M
YoY Change
Total Liabilities & Shareholders Equity $41.75M $41.57M $40.65M
YoY Change 31.54% 55.97% 45.4%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income -$3.348M -$2.956M -$3.530M
YoY Change 0.12% 116.56% 243.72%
Depreciation, Depletion And Amortization $180.0K $170.0K $160.0K
YoY Change 5.88% 0.0% -11.11%
Cash From Operating Activities -$2.340M -$2.370M -$590.0K
YoY Change 50.97% 175.58% -28.05%
INVESTING ACTIVITIES
Capital Expenditures -$90.00K -$80.00K -$110.0K
YoY Change -55.0% 33.33% 175.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$90.00K -$80.00K -$110.0K
YoY Change -55.0% 33.33% 175.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.400M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 310.0K 300.0K 8.960M
YoY Change -95.65% -528.57% -89700.0%
NET CHANGE
Cash From Operating Activities -2.340M -2.370M -590.0K
Cash From Investing Activities -90.00K -80.00K -110.0K
Cash From Financing Activities 310.0K 300.0K 8.960M
Net Change In Cash -2.120M -2.150M 8.260M
YoY Change -139.48% 117.17% -1049.43%
FREE CASH FLOW
Cash From Operating Activities -$2.340M -$2.370M -$590.0K
Capital Expenditures -$90.00K -$80.00K -$110.0K
Free Cash Flow -$2.250M -$2.290M -$480.0K
YoY Change 66.67% 186.25% -38.46%

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510000
CY2018Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
737000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
162000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
91000
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
5060000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25080000
CY2018 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
541000
CY2018 us-gaap Revenues
Revenues
25621000
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
27517000
CY2017 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
585000
CY2017 us-gaap Revenues
Revenues
28102000
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
9819000
CY2018Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
6252000
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
14000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.03
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.95
CY2018 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
39000
CY2019 icad Deferral Of Revenue
DeferralOfRevenue
11005000
CY2018 icad Deferral Of Revenue
DeferralOfRevenue
9993000
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-10610000
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-10364000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1425348
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
200813
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
36530
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
124516
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1465115
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
888263
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
139556
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
230345
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
392270
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
379980
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
445105
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1550662
CY2017Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1301651
CY2018Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1296439
CY2019Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
881461
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2019 icad Maximum Maturity Period For Cash In Hand And Investment Included In Cash And Cash Equivalents
MaximumMaturityPeriodForCashInHandAndInvestmentIncludedInCashAndCashEquivalents
P90D
CY2019 icad Insurance Coverage Revert Amount Per Depositor
InsuranceCoverageRevertAmountPerDepositor
250000
CY2019Q4 icad Interest Bearing Deposits In Excess Of Federally Insured Limit
InterestBearingDepositsInExcessOfFederallyInsuredLimit
15100000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.05
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
4.14
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.18
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.71
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.27
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
5.41
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.25
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.81
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.39
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.06
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.33
CY2017Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
4.95
CY2018Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
4.90
CY2019Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
4.43
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1100000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1168000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1505000
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3656000
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
500000
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3444071
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4149179
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17000
CY2018Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
166000
CY2019 icad Deferred Revenue To Be Recognized In Next Twelve Months
DeferredRevenueToBeRecognizedInNextTwelveMonths
5200000
CY2019Q4 icad Deferred Revenue To Be Recognized Year Two
DeferredRevenueToBeRecognizedYearTwo
300000
CY2019Q4 icad Deferred Revenue To Be Recognized There After
DeferredRevenueToBeRecognizedThereAfter
100000
CY2019 icad Product Delivery Period To Customer
ProductDeliveryPeriodToCustomer
one year or less
CY2018Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
117000
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
379000
CY2019 us-gaap Advertising Expense
AdvertisingExpense
1084000
CY2018 us-gaap Advertising Expense
AdvertisingExpense
811000
CY2017 us-gaap Advertising Expense
AdvertisingExpense
990000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5465000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1021000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
449000
CY2019 icad Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueExercisable
3067000
CY2018 icad Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueExercisable
499000
CY2017 icad Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueExercisable
442000
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
1173000
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
1566000
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
1428000
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
1536000
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
1193000
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
1615000
CY2019Q4 us-gaap Share Price
SharePrice
7.77
CY2018Q4 us-gaap Share Price
SharePrice
3.70
CY2017Q4 us-gaap Share Price
SharePrice
3.44
CY2018Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
282000
CY2017Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
117000
CY2019 icad Deferral Of Costs To Obtain Contract
DeferralOfCostsToObtainContract
294000
CY2018 icad Deferral Of Costs To Obtain Contract
DeferralOfCostsToObtainContract
368000
CY2019 icad Recognition Of Costs To Obtain Contract
RecognitionOfCostsToObtainContract
197000
CY2018 icad Recognition Of Costs To Obtain Contract
RecognitionOfCostsToObtainContract
203000
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12000
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
10000
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11000
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
41000
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
19000
CY2017 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
49000
CY2019 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
36000
CY2018 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
17000
CY2017 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
50000
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1880262
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1983477
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
CY2019Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
CY2018 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
CY2019 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P4Y
CY2019 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P5Y
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
140100000
CY2019 icad Net Operating Loss Carryforwards Utilized
NetOperatingLossCarryforwardsUtilized
0
CY2018 icad Net Operating Loss Carryforwards Utilized
NetOperatingLossCarryforwardsUtilized
0
CY2017 icad Net Operating Loss Carryforwards Utilized
NetOperatingLossCarryforwardsUtilized
0
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2019Q4 icad Lease Liability Current
LeaseLiabilityCurrent
758000
CY2018Q4 icad Lease Liability Current
LeaseLiabilityCurrent
15000
CY2019Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
1837000
CY2018Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
11000
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019 us-gaap Profit Loss
ProfitLoss
-13551000
CY2018 us-gaap Profit Loss
ProfitLoss
-9017000
CY2017 us-gaap Profit Loss
ProfitLoss
-14256000
CY2019 us-gaap Adjustment For Amortization
AdjustmentForAmortization
377000
CY2018 us-gaap Adjustment For Amortization
AdjustmentForAmortization
383000
CY2017 us-gaap Adjustment For Amortization
AdjustmentForAmortization
494000
CY2019 us-gaap Depreciation
Depreciation
297000
CY2018 us-gaap Depreciation
Depreciation
325000
CY2017 us-gaap Depreciation
Depreciation
995000
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
62000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
225000
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
45000
CY2017 us-gaap Inventory Write Down
InventoryWriteDown
1052000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
1169000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
1505000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
3656000
CY2019 icad Amortization Accretion Of Discounts And Premiums
AmortizationAccretionOfDiscountsAndPremiums
149000
CY2018 icad Amortization Accretion Of Discounts And Premiums
AmortizationAccretionOfDiscountsAndPremiums
170000
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6693000
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1000
CY2018 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-12000
CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
8000
CY2018 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-12000
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-52000
CY2017 icad Gain Loss On Sale Of Business Not Including Escrow
GainLossOnSaleOfBusinessNotIncludingEscrow
2158000
CY2019 icad Change In Fair Value Of Convertible Debentures
ChangeInFairValueOfConvertibleDebentures
6671000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3478000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2003000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3474000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1024000
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-536000
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-554000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-294000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-172000
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-29000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
836000
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-209000
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-215000
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
982000
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
494000
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-505000
CY2019 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
108000
CY2018 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-454000
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-333000
CY2019 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
6444000
CY2018 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
5150000
CY2017 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
6919000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3128000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7107000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3867000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7337000
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
10000
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
15000
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
5000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
296000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
301000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
390000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2798000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
802000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12185000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9387000
CY2017 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
2850000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-306000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-316000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2455000
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1400000
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
204000
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
79000
CY2019 icad Taxes Paid Related To Restricted Stock Issuance
TaxesPaidRelatedToRestrictedStockIssuance
196000
CY2018 icad Taxes Paid Related To Restricted Stock Issuance
TaxesPaidRelatedToRestrictedStockIssuance
180000
CY2017 icad Taxes Paid Related To Restricted Stock Issuance
TaxesPaidRelatedToRestrictedStockIssuance
241000
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
74000
CY2019 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
16000
CY2018 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
13000
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
80000
CY2019 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-2000000
CY2017 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
6000000
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3000000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10541000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6981000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5684000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8585000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15313000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
643000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
294000
CY2017 us-gaap Interest Paid Net
InterestPaidNet
79000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
43000
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
51000
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
60000
CY2017 us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
350000
CY2017 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
42000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
177000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
107000
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
172000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
136000
CY2017Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1200000
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P10M24D
CY2019 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
0
CY2019 icad Number Of Year Subject To Examination
NumberOfYearSubjectToExamination
P3Y
CY2018Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
108000
CY2018 icad Proceeds From Issuance Of Convertible Debentures
ProceedsFromIssuanceOfConvertibleDebentures
6970000
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1000000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3105000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
31340000
CY2019 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
CY2019 us-gaap Revenues
Revenues
31340000
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
503000
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2019 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2017 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
1000000
CY2019 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2022-03-01
CY2019Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1881818
CY2019Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9400000
CY2019 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1.00
CY2018 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1.00
CY2017 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1.00
CY2019 icad Export Sales
ExportSales
3788000
CY2018 icad Export Sales
ExportSales
3255000
CY2017 icad Export Sales
ExportSales
3931000
CY2019 icad Number Of Stock Incentive Plans
NumberOfStockIncentivePlans
2
CY2019 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2019 dei Security12b Title
Security12bTitle
Common Stock
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8186000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7809000
CY2019 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
29887
CY2019 us-gaap Line Of Credit Facility Description
LineOfCreditFacilityDescription
The maturity date of the Revolving Loans is March 1, 2022. However, the maturity date will become April 30, 2020 or April 30, 2021 if on or before March 31, 2020 or 2021, as applicable, the Company does not agree in writing to the revenue and adjusted EBITDA (as defined in the Loan Agreement) covenant levels negotiated with the Bank with respect to the upcoming 2020 or 2021 calendar year.
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9353000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
509000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
224000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
79000
CY2020Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
21167324

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