2021 Q4 Form 10-K Financial Statement

#000162828022008866 Filed on April 11, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $18.96M $48.41M $6.653M
YoY Change 185.0% 114.12%
Cost Of Revenue $11.61M $28.70M $4.300M
YoY Change 169.91% 120.08%
Gross Profit $7.355M $19.71M $2.353M
YoY Change 212.58% 105.99%
Gross Profit Margin 38.79% 40.71% 35.37%
Selling, General & Admin $13.37M $36.38M $2.716M
YoY Change 392.23% 435.37%
% of Gross Profit 181.77% 184.61% 115.43%
Research & Development $20.91M $58.12M $6.560M
YoY Change 218.77% 164.01%
% of Gross Profit 284.31% 294.88% 278.79%
Depreciation & Amortization $3.570M $5.967M $668.0K
YoY Change 434.43% 125.0%
% of Gross Profit 48.54% 30.28% 28.39%
Operating Expenses $34.28M $94.50M $9.272M
YoY Change 269.72% 228.03%
Operating Profit -$26.93M -$74.79M -$6.919M
YoY Change 289.15% 288.71%
Interest Expense -$51.00K $1.239M -$566.0K
YoY Change -90.99% -43.5%
% of Operating Profit
Other Income/Expense, Net -$7.180M -$44.14M -$56.33M
YoY Change -87.25% -44.19%
Pretax Income -$34.16M -$118.9M -$63.82M
YoY Change -46.48% 20.95%
Income Tax -$361.0K -$327.0K $20.00K
% Of Pretax Income
Net Earnings -$25.36M -$88.04M -$63.56M
YoY Change -60.1% -9.7%
Net Earnings / Revenue -133.74% -181.86% -955.36%
Basic Earnings Per Share -$1.26
Diluted Earnings Per Share -$173.3K -$1.26 -$467.1K
COMMON SHARES
Basic Shares Outstanding 70.01M shares
Diluted Shares Outstanding 70.01M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $219.1M $219.1M $133.7K
YoY Change 163760.13% 1071.68%
Cash & Equivalents $219.1M $219.1M $18.70M
Short-Term Investments
Other Short-Term Assets $6.031M $6.031M $59.33K
YoY Change 10065.18% 144.67%
Inventory $9.080M $9.080M $2.900M
Prepaid Expenses
Receivables $13.84M $13.84M $5.913M
Other Receivables $0.00 $0.00
Total Short-Term Assets $248.0M $248.0M $29.98M
YoY Change 727.44% 727.44%
LONG-TERM ASSETS
Property, Plant & Equipment $11.09M $11.09M $2.169M
YoY Change 411.3% 411.3%
Goodwill $115.2M $1.739M
YoY Change 6524.84%
Intangibles $96.29M $1.088M
YoY Change 8749.72%
Long-Term Investments $349.6M
YoY Change
Other Assets $270.0K $270.0K $154.0K
YoY Change 75.32% 75.32%
Total Long-Term Assets $222.9M $222.9M $5.150M
YoY Change 4227.2% 4227.2%
TOTAL ASSETS
Total Short-Term Assets $248.0M $248.0M $29.98M
Total Long-Term Assets $222.9M $222.9M $5.150M
Total Assets $470.9M $470.9M $35.13M
YoY Change 1240.56% 1240.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.441M $5.441M $4.554M
YoY Change 19.48% 19.48%
Accrued Expenses $14.62M $18.64M $2.522M
YoY Change 479.78% 639.21%
Deferred Revenue $1.840M $1.665M
YoY Change 10.51%
Short-Term Debt $810.0K $0.00 $459.0K
YoY Change 76.47%
Long-Term Debt Due $2.275M $2.275M
YoY Change -73.2%
Total Short-Term Liabilities $33.72M $33.72M $122.2M
YoY Change -72.41% -72.41%
LONG-TERM LIABILITIES
Long-Term Debt $5.618M $5.618M $12.35M
YoY Change -54.49% -54.49%
Other Long-Term Liabilities $5.612M $118.5M $1.674M
YoY Change 235.24% 5615.09%
Total Long-Term Liabilities $11.23M $124.1M $14.02M
YoY Change -19.89% 761.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.72M $33.72M $122.2M
Total Long-Term Liabilities $11.23M $124.1M $14.02M
Total Liabilities $179.0M $157.8M $136.6M
YoY Change 31.04% 8.53%
SHAREHOLDERS EQUITY
Retained Earnings -$200.4M -$153.3M
YoY Change 30.77%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $313.0M $313.0M -$110.3M
YoY Change
Total Liabilities & Shareholders Equity $470.9M $470.9M $35.13M
YoY Change 1240.56% 1240.56%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$25.36M -$88.04M -$63.56M
YoY Change -60.1% -9.7%
Depreciation, Depletion And Amortization $3.570M $5.967M $668.0K
YoY Change 434.43% 125.0%
Cash From Operating Activities -$18.91M -$55.82M -$6.691M
YoY Change 182.56% 163.07%
INVESTING ACTIVITIES
Capital Expenditures -$1.618M $2.682M -$12.00K
YoY Change 13383.33% 321.04%
Acquisitions $80.26M
YoY Change
Other Investing Activities -$80.26M -$80.26M $17.00K
YoY Change -472194.12% 59792.54%
Cash From Investing Activities -$81.87M -$84.33M $5.000K
YoY Change -1637580.0% 10837.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.693M $340.6M 16.38M
YoY Change -122.54% 917.64%
NET CHANGE
Cash From Operating Activities -18.91M -$55.82M -6.691M
Cash From Investing Activities -81.87M -$84.33M 5.000K
Cash From Financing Activities -3.693M $340.6M 16.38M
Net Change In Cash -104.5M $200.8M 9.696M
YoY Change -1177.49% 1639.29%
FREE CASH FLOW
Cash From Operating Activities -$18.91M -$55.82M -$6.691M
Capital Expenditures -$1.618M $2.682M -$12.00K
Free Cash Flow -$17.29M -$58.50M -$6.679M
YoY Change 158.84% 167.68%

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-1365000 USD
CY2021Q4 us-gaap Common Unit Outstanding
CommonUnitOutstanding
0 shares
CY2021Q4 us-gaap Members Equity
MembersEquity
0 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
291857000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
-118607000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-98364000 USD
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
5967000 USD
CY2020 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
2652000 USD
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
173000 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
618000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
22905000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
198000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
249000 USD
CY2021 indi Interest Expense Non Cash
InterestExpenseNonCash
0 USD
CY2020 indi Interest Expense Non Cash
InterestExpenseNonCash
474000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-158000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
47000 USD
CY2021 indi Accrued Contingent Consideration Related To Acquisition
AccruedContingentConsiderationRelatedToAcquisition
0 USD
CY2020 indi Accrued Contingent Consideration Related To Acquisition
AccruedContingentConsiderationRelatedToAcquisition
553000 USD
CY2021 indi Financial Instruments Subject To Mandatory Redemption Settlement Terms Impact Of Changes In Fair Value Of Shares On Amount
FinancialInstrumentsSubjectToMandatoryRedemptionSettlementTermsImpactOfChangesInFairValueOfSharesOnAmount
21600000 USD
CY2020 indi Financial Instruments Subject To Mandatory Redemption Settlement Terms Impact Of Changes In Fair Value Of Shares On Amount
FinancialInstrumentsSubjectToMandatoryRedemptionSettlementTermsImpactOfChangesInFairValueOfSharesOnAmount
-76935000 USD
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
26060000 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
86000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
0 USD
CY2021 indi Gain Loss On Derivatives And Contingent Consideration
GainLossOnDerivativesAndContingentConsideration
-38889000 USD
CY2020 indi Gain Loss On Derivatives And Contingent Consideration
GainLossOnDerivativesAndContingentConsideration
0 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
304000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
500000 USD
CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 USD
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-516000 USD
CY2020 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4477000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1304000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3171000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-767000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2476000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-207000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5382000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-38000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-837000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1821000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3706000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1918000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
45000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
139000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-55819000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-21218000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2682000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
637000 USD
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1388000 USD
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2021 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
0 USD
CY2020 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
134000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
80256000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84326000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-771000 USD
CY2021 indi Proceeds From Financial Instruments Subject To Mandatory Redemption
ProceedsFromFinancialInstrumentsSubjectToMandatoryRedemption
5000000 USD
CY2020 indi Proceeds From Financial Instruments Subject To Mandatory Redemption
ProceedsFromFinancialInstrumentsSubjectToMandatoryRedemption
25765000 USD
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
6180000 USD
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
775000 USD
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
6112000 USD
CY2021 indi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
377663000 USD
CY2020 indi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
0 USD
CY2021 indi Payments For Reverse Recapitalization Transaction
PaymentsForReverseRecapitalizationTransaction
19902000 USD
CY2020 indi Payments For Reverse Recapitalization Transaction
PaymentsForReverseRecapitalizationTransaction
0 USD
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
17543000 USD
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
4183000 USD
CY2021 indi Payments For Financed Software
PaymentsForFinancedSoftware
2270000 USD
CY2020 indi Payments For Financed Software
PaymentsForFinancedSoftware
400000 USD
CY2021 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
900000 USD
CY2020 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
399000 USD
CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1844000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
66000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
340646000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
33474000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
265000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
200766000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11543000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18698000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7155000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
219464000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18698000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1234000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1476000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
240000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
161000 USD
CY2021 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
41278000 USD
CY2020 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
0 USD
CY2021 indi Reverse Capitalization Transaction Noncash Warrant Exchange
ReverseCapitalizationTransactionNoncashWarrantExchange
407000 USD
CY2020 indi Reverse Capitalization Transaction Noncash Warrant Exchange
ReverseCapitalizationTransactionNoncashWarrantExchange
0 USD
CY2021 indi Conversion Of Financial Instruments Subject To Mandatory Redemption
ConversionOfFinancialInstrumentsSubjectToMandatoryRedemption
86100000 USD
CY2020 indi Conversion Of Financial Instruments Subject To Mandatory Redemption
ConversionOfFinancialInstrumentsSubjectToMandatoryRedemption
0 USD
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
4119000 USD
CY2021Q2 indi Reverse Recapitalization Merger Consideration
ReverseRecapitalizationMergerConsideration
894628000 USD
CY2020 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
CY2021 indi Reverse Capitalization Transaction Noncash Derivative Liability Acquired
ReverseCapitalizationTransactionNoncashDerivativeLiabilityAcquired
119759000 USD
CY2020 indi Reverse Capitalization Transaction Noncash Derivative Liability Acquired
ReverseCapitalizationTransactionNoncashDerivativeLiabilityAcquired
0 USD
CY2021 indi Reverse Capitalization Transaction Noncash Warrant And Rights Outstanding Acquired
ReverseCapitalizationTransactionNoncashWarrantAndRightsOutstandingAcquired
74408000 USD
CY2020 indi Reverse Capitalization Transaction Noncash Warrant And Rights Outstanding Acquired
ReverseCapitalizationTransactionNoncashWarrantAndRightsOutstandingAcquired
0 USD
CY2021 indi Intangible Asset Expenditures Incurred But Not Yet Paid
IntangibleAssetExpendituresIncurredButNotYetPaid
17820000 USD
CY2020 indi Intangible Asset Expenditures Incurred But Not Yet Paid
IntangibleAssetExpendituresIncurredButNotYetPaid
509000 USD
CY2021 us-gaap Stock Issued1
StockIssued1
82441000 USD
CY2020 us-gaap Stock Issued1
StockIssued1
0 USD
CY2021 indi Noncash Or Partial Noncash Acquisition Contingent Consideration Accrual
NoncashOrPartialNoncashAcquisitionContingentConsiderationAccrual
4000000 USD
CY2020 indi Noncash Or Partial Noncash Acquisition Contingent Consideration Accrual
NoncashOrPartialNoncashAcquisitionContingentConsiderationAccrual
0 USD
CY2021 indi Noncash Or Partial Noncash Acquisition Fixed Cash Consideration For Business Combination
NoncashOrPartialNoncashAcquisitionFixedCashConsiderationForBusinessCombination
7500000 USD
CY2020 indi Noncash Or Partial Noncash Acquisition Fixed Cash Consideration For Business Combination
NoncashOrPartialNoncashAcquisitionFixedCashConsiderationForBusinessCombination
0 USD
CY2021Q2 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
150000000 USD
CY2021Q2 indi Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
27.8
CY2021Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
CY2021Q2 indi Reverse Recapitalization Merger Consideration Enterprise Value
ReverseRecapitalizationMergerConsiderationEnterpriseValue
900000000 USD
CY2021Q2 indi Reverse Recapitalization Merger Consideration Liabilities Incurred
ReverseRecapitalizationMergerConsiderationLiabilitiesIncurred
5372000 USD
CY2021 indi Number Of Members Board Of Directors
NumberOfMembersBoardOfDirectors
9 member
CY2021 indi Number Of Designated Members Board Of Directors
NumberOfDesignatedMembersBoardOfDirectors
7 member
CY2021Q2 indi Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
399511000 USD
CY2021Q2 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
150000000 USD
CY2021Q2 indi Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
43463000 USD
CY2021Q2 us-gaap Repayments Of Assumed Debt
RepaymentsOfAssumedDebt
15607000 USD
CY2021Q2 indi Reverse Capitalization Transaction Costs Paid
ReverseCapitalizationTransactionCostsPaid
29770000 USD
CY2021Q2 indi Reverse Capitalization Transaction Costs Paid Amount Paid By Counterparty
ReverseCapitalizationTransactionCostsPaidAmountPaidByCounterparty
21848000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amounts of expenses during the reporting period. Actual results could differ materially from those estimates and assumptions.</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On an ongoing basis, management evaluates its estimates assumptions, including those related to (i) the collectability of accounts receivable; (ii) write-down for excess and obsolete inventories; (iii) warranty obligations; (iv) the value assigned to and estimated useful lives of long-lived assets; (v) the realization of tax assets and estimates of tax liabilities and tax reserves; (vi) amounts recorded in connection with acquisitions; (vii) recoverability of intangible assets and goodwill; (viii) the recognition and disclosure of fair value of debt instruments, warrants and contingent liabilities; (ix) the computation of share-</span></div>based compensation; (x) accrued expenses; and (xi) the recognition of revenue based on a cost-to-cost measure of progress for certain engineering services contracts. These estimates are based on historical data and experience, as well as various other factors that management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. The Company engages third-party valuation specialists to assist with estimates related to the valuation of certain financial instruments and assets associated with various contractual arrangements, and valuation of assets acquired in connection with acquisitions. Such estimates often require the selection of appropriate valuation methodologies and models, and significant judgment in evaluating ranges of assumptions and financial inputs. Actual results may differ from those estimates under different assumptions or circumstances.
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:8pt;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 deposits its cash with large financial institutions. At times, the Company’s cash balances with individual banking institutions will exceed the limits insured by the FDIC, however, the Company has not experienced any losses on such deposits.</span></div>The Company extends credit to its customers based upon an evaluation of the customers’ financial condition and credit history and generally does not require collateral. Credit losses, if any estimated, are provided for in the consolidated financial statements and consistently have been within management’s expectations
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
CY2020 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1365000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
158000 USD
CY2021Q2 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
900000 USD
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
2380000 USD
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
0 USD
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
6301000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
4277000 USD
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2151000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
882000 USD
CY2021Q4 us-gaap Inventory Gross
InventoryGross
10832000 USD
CY2020Q4 us-gaap Inventory Gross
InventoryGross
5159000 USD
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1752000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2259000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
9080000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
2900000 USD
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
173000 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
618000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
17191000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6888000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6101000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4719000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11090000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2169000 USD
CY2021 us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
1198000 USD
CY2020 us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
947000 USD
CY2021Q4 indi Finite Lived Intangible Assets Gross Effect Of Exchange Rate Carrying Value
FiniteLivedIntangibleAssetsGrossEffectOfExchangeRateCarryingValue
-631000 USD
CY2021Q4 indi Finite Lived Intangible Assets Accumulated Amortization Effect Of Exchange Rate On Gross Carrying Value
FiniteLivedIntangibleAssetsAccumulatedAmortizationEffectOfExchangeRateOnGrossCarryingValue
0 USD
CY2021Q4 indi Finite Lived Intangible Assets Net Effect Of Exchange Rate Carrying Value
FiniteLivedIntangibleAssetsNetEffectOfExchangeRateCarryingValue
-631000 USD
CY2020Q4 indi Finite Lived Intangible Assets Gross Effect Of Exchange Rate Carrying Value
FiniteLivedIntangibleAssetsGrossEffectOfExchangeRateCarryingValue
0 USD
CY2020Q4 indi Finite Lived Intangible Assets Accumulated Amortization Effect Of Exchange Rate On Gross Carrying Value
FiniteLivedIntangibleAssetsAccumulatedAmortizationEffectOfExchangeRateOnGrossCarryingValue
0 USD
CY2020Q4 indi Finite Lived Intangible Assets Net Effect Of Exchange Rate Carrying Value
FiniteLivedIntangibleAssetsNetEffectOfExchangeRateCarryingValue
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
94627000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10133000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
84494000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6496000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5408000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1088000 USD
CY2021Q4 indi Indefinite Lived Intangible Assets Excluding Goodwill Effect Of Exchange Rate On Carrying Value
IndefiniteLivedIntangibleAssetsExcludingGoodwillEffectOfExchangeRateOnCarryingValue
-75000 USD
CY2021Q4 indi Indefinite Lived Intangible Assets Excluding Goodwill Effect Of Exchange Rate On Carrying Value
IndefiniteLivedIntangibleAssetsExcludingGoodwillEffectOfExchangeRateOnCarryingValue
-75000 USD
CY2020Q4 indi Indefinite Lived Intangible Assets Excluding Goodwill Effect Of Exchange Rate On Carrying Value
IndefiniteLivedIntangibleAssetsExcludingGoodwillEffectOfExchangeRateOnCarryingValue
0 USD
CY2020Q4 indi Indefinite Lived Intangible Assets Excluding Goodwill Effect Of Exchange Rate On Carrying Value
IndefiniteLivedIntangibleAssetsExcludingGoodwillEffectOfExchangeRateOnCarryingValue
0 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
11791000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
11791000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
0 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
0 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
106418000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10133000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
96285000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
6496000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5408000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1088000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4769000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1705000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
17538000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17729000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
13021000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9607000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9607000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
16992000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
84494000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
1739000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
114388000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-921000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
115206000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
114388000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
201000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
192000 USD
CY2021 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
226000 USD
CY2020 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2021 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
151000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
77000 USD
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
7893000 USD
CY2020 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
86000 USD
CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
25000 USD
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
553000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
201000 USD
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
810000 USD
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
810000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
459000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
459000 USD
CY2021Q4 indi Debt Long Term And Short Term Combined Gross Amount
DebtLongTermAndShortTermCombinedGrossAmount
7912000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
19000 USD
CY2020Q4 indi Debt Long Term And Short Term Combined Gross Amount
DebtLongTermAndShortTermCombinedGrossAmount
21609000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
776000 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
20833000 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
2275000 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
8488000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5618000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12345000 USD
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
7893000 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
20833000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
459000 USD
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
1239000 USD
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
2193000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2275000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1469000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1469000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1469000 USD
CY2021Q4 indi Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
1230000 USD
CY2021Q4 indi Debt Long Term And Short Term Gross Amount
DebtLongTermAndShortTermGrossAmount
7912000 USD
CY2021Q2 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
74408000 USD
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
0 shares
CY2021Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
119759000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
CY2021 indi Liquidation Rights And Distributions Percentage Milestone Of Return On Capital Investment
LiquidationRightsAndDistributionsPercentageMilestoneOfReturnOnCapitalInvestment
0.50
CY2021Q2 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
86100000 USD
CY2020Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
102700000 USD
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
100467000 USD
CY2020Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
102700000 USD
CY2021Q2 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
86100000 USD
CY2021Q2 us-gaap Share Price
SharePrice
10.87
CY2021Q2 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
900000 USD
CY2021Q2 us-gaap Common Unit Authorized
CommonUnitAuthorized
4908393 shares
CY2021Q2 us-gaap Common Unit Issued
CommonUnitIssued
3004885 shares
CY2021Q2 us-gaap Common Unit Outstanding
CommonUnitOutstanding
2930711 shares
CY2021 indi Liquidation Rights And Distributions Percentage Milestone Of Return On Capital Investment
LiquidationRightsAndDistributionsPercentageMilestoneOfReturnOnCapitalInvestment
0.50
CY2021 indi Liquidation Rights And Distributions Percentage Milestone Of Return On Fixed Preference Preferred Class
LiquidationRightsAndDistributionsPercentageMilestoneOfReturnOnFixedPreferencePreferredClass
1.50
CY2021 indi Liquidation Rights And Distributions Percentage Return On Capital
LiquidationRightsAndDistributionsPercentageReturnOnCapital
1
CY2021 indi Liquidation Rights And Distributions Percentage Milestone Of Return On Fixed Preference Preferred Class
LiquidationRightsAndDistributionsPercentageMilestoneOfReturnOnFixedPreferencePreferredClass
1.50
CY2021Q4 indi Common Unit Conversion Threshold Public Offering Share Price
CommonUnitConversionThresholdPublicOfferingSharePrice
180.53
CY2021 indi Common Unit Conversion Threshold Public Offering Consideration
CommonUnitConversionThresholdPublicOfferingConsideration
200000000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
48412000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22610000 USD
CY2021Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
402000 USD
CY2020Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
55000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22905000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1840000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1665000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8972000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.55
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021Q2 indi Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
27.80
CY2021Q2 indi Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
27.80
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
43548000 USD
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y4M24D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0
CY2021 indi Share Based Compensation Arrangement By Share Based Payment Award Options Assumed In Connection With Acquisitions
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAssumedInConnectionWithAcquisitions
1542332 shares
CY2021 indi Share Based Compensation Arrangement By Share Based Payment Award Options Assumed In Connection With Acquisitions Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAssumedInConnectionWithAcquisitionsWeightedAverageExercisePrice
0.23
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
92251 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.71
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1450081 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.20
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y11M4D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
17095000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1450081 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.20
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y11M4D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
17095000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1450081 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
0.20
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y11M4D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
17095000 USD
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.26
CY2021 us-gaap Profit Loss
ProfitLoss
-118607000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-98364000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-30563000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-866000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-88044000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-97498000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-88044000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-97498000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70012112 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31244414 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70012112 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31244414 shares
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.12
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.26
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.12
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.12
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.26
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
76244588 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
45041798 shares
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-117761000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-96544000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1173000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1791000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-118934000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-98335000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
181000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
18000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
189000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
18000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-516000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
11000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-516000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
11000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-327000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
310000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
114000 USD
CY2021Q4 us-gaap Deferred Tax Assets Investment In Subsidiaries
DeferredTaxAssetsInvestmentInSubsidiaries
41788000 USD
CY2020Q4 us-gaap Deferred Tax Assets Investment In Subsidiaries
DeferredTaxAssetsInvestmentInSubsidiaries
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
11493000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1071000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
53591000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1185000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
53430000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1040000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
161000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
145000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
56000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
33000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
21269000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
145000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
21325000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
178000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
21164000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
33000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1040000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
617000 USD
CY2021 indi Valuation Allowance Deferred Tax Asset Increase Amount
ValuationAllowanceDeferredTaxAssetIncreaseAmount
52390000 USD
CY2020 indi Valuation Allowance Deferred Tax Asset Increase Amount
ValuationAllowanceDeferredTaxAssetIncreaseAmount
423000 USD
CY2021 indi Valuation Allowance Deferred Tax Asset Decrease Amount
ValuationAllowanceDeferredTaxAssetDecreaseAmount
0 USD
CY2020 indi Valuation Allowance Deferred Tax Asset Decrease Amount
ValuationAllowanceDeferredTaxAssetDecreaseAmount
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
53430000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1040000 USD
CY2021Q4 us-gaap Deferred Tax Assets Investment In Subsidiaries
DeferredTaxAssetsInvestmentInSubsidiaries
41788000 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-327000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-25509000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-20650000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-5891000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
22000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-72000 USD
CY2021 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-6764000 USD
CY2020 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
0 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
24150000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
470000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
270000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
37000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
404000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
0 USD
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
CY2020 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-20512000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-194000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4021000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
107000 USD
CY2021Q4 indi Business Combination Accrued Consideration Current
BusinessCombinationAccruedConsiderationCurrent
7500000 USD
CY2020Q4 indi Business Combination Accrued Consideration Current
BusinessCombinationAccruedConsiderationCurrent
500000 USD
CY2021Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
833000 USD
CY2020Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
0 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
0 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
785000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6289000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1130000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18643000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2522000 USD
CY2021Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2021 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1242000 USD
CY2020 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1932000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1869000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1674000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1303000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1177000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1201000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1686000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
8910000 USD
CY2021 us-gaap Royalty Expense
RoyaltyExpense
810000 USD
CY2020 us-gaap Royalty Expense
RoyaltyExpense
386000 USD
CY2021Q4 us-gaap Accrued Royalties Current And Noncurrent
AccruedRoyaltiesCurrentAndNoncurrent
264000 USD
CY2020Q4 us-gaap Accrued Royalties Current And Noncurrent
AccruedRoyaltiesCurrentAndNoncurrent
139000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11090000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2169000 USD

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