2022 Q4 Form 10-Q Financial Statement

#000095017022021845 Filed on November 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $88.09M $105.4M $93.11M
YoY Change 15.3% 13.19% 25.26%
Cost Of Revenue $58.62M $62.59M $45.42M
YoY Change 55.02% 37.81% 9.97%
Gross Profit $29.47M $42.80M $47.69M
YoY Change -23.63% -10.25% 44.48%
Gross Profit Margin 33.46% 40.61% 51.22%
Selling, General & Admin $29.87M $48.51M $37.56M
YoY Change -26.4% 29.15% 18.11%
% of Gross Profit 101.34% 113.34% 78.76%
Research & Development $5.934M $4.581M $3.754M
YoY Change 26.69% 22.03% 7.26%
% of Gross Profit 20.14% 10.7% 7.87%
Depreciation & Amortization $5.978M $5.928M $5.522M
YoY Change 3.66% 7.35% 17.24%
% of Gross Profit 20.28% 13.85% 11.58%
Operating Expenses $35.80M $53.09M $41.31M
YoY Change -20.91% 28.51% 17.03%
Operating Profit -$6.328M -$10.29M $6.374M
YoY Change -5.17% -261.47% -377.86%
Interest Expense $1.715M $868.0K $21.00K
YoY Change 7695.45% 4033.33% -79.0%
% of Operating Profit 0.33%
Other Income/Expense, Net $305.0K $856.0K -$466.0K
YoY Change -228.15% -283.69% -333.0%
Pretax Income -$56.47M -$9.436M $5.929M
YoY Change 719.7% -259.15% -409.93%
Income Tax $141.0K $70.00K -$6.245M
% Of Pretax Income -105.33%
Net Earnings -$56.61M -$9.506M $12.17M
YoY Change 147.45% -178.08% -816.54%
Net Earnings / Revenue -64.26% -9.02% 13.08%
Basic Earnings Per Share -$0.42 $0.54
Diluted Earnings Per Share -$2.47 -$0.42 $532.7K
COMMON SHARES
Basic Shares Outstanding 22.92M 22.87M 22.62M
Diluted Shares Outstanding 22.88M 22.85M

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $187.0M $209.6M $245.1M
YoY Change -23.83% -14.48% 11.16%
Cash & Equivalents $187.0M $209.6M $241.6M
Short-Term Investments $0.00 $0.00 $3.552M
Other Short-Term Assets $19.19M $20.31M $24.23M
YoY Change -26.22% -16.18% 28.18%
Inventory $34.09M $35.73M $31.79M
Prepaid Expenses
Receivables $62.73M $50.53M $32.91M
Other Receivables $1.626M $1.579M $1.787M
Total Short-Term Assets $304.6M $317.8M $335.8M
YoY Change -7.46% -5.38% 10.69%
LONG-TERM ASSETS
Property, Plant & Equipment $43.27M $40.63M $37.07M
YoY Change 11.16% 9.62% 46.39%
Goodwill $32.85M $32.67M $33.03M
YoY Change -0.39% -1.07% -0.08%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.445M $2.323M $18.80M
YoY Change -27.3% -87.65% 3.31%
Total Long-Term Assets $100.4M $151.8M $177.0M
YoY Change -37.38% -14.25% 12.83%
TOTAL ASSETS
Total Short-Term Assets $304.6M $317.8M $335.8M
Total Long-Term Assets $100.4M $151.8M $177.0M
Total Assets $405.0M $469.6M $512.9M
YoY Change -17.26% -8.44% 11.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.24M $21.47M $15.94M
YoY Change 77.78% 34.7% 67.53%
Accrued Expenses $19.61M $20.16M $19.19M
YoY Change -17.08% 5.07% -4.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $65.35M $65.74M $59.93M
YoY Change 6.24% 9.68% 15.26%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $42.29M $53.01M $61.98M
YoY Change -26.81% -14.48% 11.08%
Total Long-Term Liabilities $42.29M $53.01M $61.98M
YoY Change -26.81% -14.48% 11.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $65.35M $65.74M $59.93M
Total Long-Term Liabilities $42.29M $53.01M $61.98M
Total Liabilities $107.6M $118.7M $121.9M
YoY Change -9.77% -2.62% 13.11%
SHAREHOLDERS EQUITY
Retained Earnings -$14.50M $42.11M
YoY Change -120.93%
Common Stock $312.1M $309.2M
YoY Change 4.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $297.4M $350.8M $390.9M
YoY Change
Total Liabilities & Shareholders Equity $405.0M $469.6M $512.9M
YoY Change -17.26% -8.44% 11.42%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$56.61M -$9.506M $12.17M
YoY Change 147.45% -178.08% -816.54%
Depreciation, Depletion And Amortization $5.978M $5.928M $5.522M
YoY Change 3.66% 7.35% 17.24%
Cash From Operating Activities -$15.48M -$9.483M -$2.994M
YoY Change -338.26% 216.73% -144.36%
INVESTING ACTIVITIES
Capital Expenditures $7.132M -$4.771M -$6.443M
YoY Change -219.42% -25.95% 7.2%
Acquisitions
YoY Change
Other Investing Activities $188.0K $16.00K $7.597M
YoY Change -102.94% -99.79% -489.59%
Cash From Investing Activities -$6.944M -$4.755M $1.154M
YoY Change -43.9% -512.05% -114.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -112.0K 701.0K 4.690M
YoY Change 273.33% -85.05% 398.94%
NET CHANGE
Cash From Operating Activities -15.48M -9.483M -2.994M
Cash From Investing Activities -6.944M -4.755M 1.154M
Cash From Financing Activities -112.0K 701.0K 4.690M
Net Change In Cash -22.54M -13.54M 2.850M
YoY Change 281.42% -574.98% -1117.86%
FREE CASH FLOW
Cash From Operating Activities -$15.48M -$9.483M -$2.994M
Capital Expenditures $7.132M -$4.771M -$6.443M
Free Cash Flow -$22.61M -$4.712M $3.449M
YoY Change -281.35% -236.62% -72.97%

Facts In Submission

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CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5929000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-26799000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15548000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6245000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
363000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-996000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-9506000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
12174000
us-gaap Net Income Loss
NetIncomeLoss
-27162000
us-gaap Net Income Loss
NetIncomeLoss
16544000
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-616000
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-251000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1453000
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
209000
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
494000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-1669000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2028000
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-106000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1206000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
267000
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
209000
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
600000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-463000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
1761000
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
17000
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
16000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-390000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
348000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1900000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1176000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9896000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12522000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-29062000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17720000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
356537000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3500000
CY2022Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
776000
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
CY2022Q3 ingn Stock Issued During Period Value Vesting Of Restricted Stock Units
StockIssuedDuringPeriodValueVestingOfRestrictedStockUnits
72000
CY2022Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
3000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22882333
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22619272
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22827733
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22416575
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22882333
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22854229
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22827733
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22803355
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
370916000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2792000
CY2021Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1021000
CY2021Q3 ingn Stock Issued During Period Value Vesting Of Restricted Stock Units
StockIssuedDuringPeriodValueVestingOfRestrictedStockUnits
39000
CY2021Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
33000
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3741000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
12174000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
348000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
390920000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-9506000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-390000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
350842000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
349623000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8547000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1948000
ingn Stock Issued During Period Value Vesting Of Restricted Stock Units
StockIssuedDuringPeriodValueVestingOfRestrictedStockUnits
396000
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
221000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
13699000
us-gaap Net Income Loss
NetIncomeLoss
16544000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1176000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
390920000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
370227000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9185000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1691000
ingn Stock Issued During Period Value Vesting Of Restricted Stock Units
StockIssuedDuringPeriodValueVestingOfRestrictedStockUnits
1134000
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
100000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
35000
us-gaap Net Income Loss
NetIncomeLoss
-27162000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1900000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
350842000
us-gaap Net Income Loss
NetIncomeLoss
-27162000
us-gaap Net Income Loss
NetIncomeLoss
16544000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17536000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15861000
ingn Gain Loss On Write Off Of Rental Units And Other Fixed Assets
GainLossOnWriteOffOfRentalUnitsAndOtherFixedAssets
-2488000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-73000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7253000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13699000
ingn Provision For Sales Returns And Doubtful Accounts
ProvisionForSalesReturnsAndDoubtfulAccounts
10816000
ingn Provision For Sales Returns And Doubtful Accounts
ProvisionForSalesReturnsAndDoubtfulAccounts
8248000
ingn Health Care Organization Patient Service Revenue Adjustments
HealthCareOrganizationPatientServiceRevenueAdjustments
3543000
us-gaap Inventory Write Down
InventoryWriteDown
2060000
us-gaap Inventory Write Down
InventoryWriteDown
1452000
us-gaap Share Based Compensation
ShareBasedCompensation
9185000
us-gaap Share Based Compensation
ShareBasedCompensation
8547000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1014000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-1699000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-9822000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
37828000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15232000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5958000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9935000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
236000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-261000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5675000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6323000
ingn Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-2433000
ingn Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
17005000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-135000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3015000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-5498000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
5141000
ingn Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
1734000
ingn Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
522000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-283000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1743000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-82000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-979000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2526000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
17632000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-22050000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17135000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
10005000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
15705000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
132000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2770000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4807000
ingn Payments To Produce And Purchase Rental Equipment
PaymentsToProduceAndPurchaseRentalEquipment
11320000
ingn Payments To Produce And Purchase Rental Equipment
PaymentsToProduceAndPurchaseRentalEquipment
13156000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
152000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
122000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3933000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2268000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
35000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1691000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1948000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1234000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
617000
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
9989000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15030000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-400000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-283000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-25891000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
29614000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
235524000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
211962000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
209633000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
241576000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
535000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1284000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
314000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
333000
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">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 date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Management bases these estimates and assumptions upon historical experience, existing and known circumstances, authoritative accounting pronouncements and other factors that management believes to be reasonable. Significant areas requiring the use of management estimates relate to revenue recognition, warranty reserves and expense, determining the stand-alone selling price (SSP) and service period of performance obligations, rental asset valuations and write-downs, accounts receivable allowances for bad debts, returns and adjustments, impairment of long-lived assets, stock-based compensation expense, income taxes, fair value of acquired intangible assets and goodwill and fair value of earnout liabilities. Actual results could differ from these estimates.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
50533000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1900000
ingn Preacquisition Loss Recoveries
PreacquisitionLossRecoveries
630000
CY2021 ingn Preacquisition Loss Recoveries
PreacquisitionLossRecoveries
630000
CY2022Q3 us-gaap Cash
Cash
36934000
CY2021Q4 us-gaap Cash
Cash
48817000
CY2022Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
147810000
CY2021Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
186707000
CY2022Q3 us-gaap Asset Backed Securities At Carrying Value
AssetBackedSecuritiesAtCarryingValue
16412000
CY2022Q3 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
8477000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
209633000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
235524000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
24452000
CY2022Q3 ingn Doubtful Accounts
DoubtfulAccounts
72000
CY2021Q4 ingn Doubtful Accounts
DoubtfulAccounts
52000
CY2022Q3 ingn Allowances For Sales Returns
AllowancesForSalesReturns
816000
CY2021Q4 ingn Allowances For Sales Returns
AllowancesForSalesReturns
810000
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
888000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
862000
CY2022Q3 ingn Percentage Of Non Us Revenue Invoiced In Euros
PercentageOfNonUSRevenueInvoicedInEuros
0.483
CY2021Q3 ingn Percentage Of Non Us Revenue Invoiced In Euros
PercentageOfNonUSRevenueInvoicedInEuros
0.710
ingn Percentage Of Non Us Revenue Invoiced In Euros
PercentageOfNonUSRevenueInvoicedInEuros
0.705
ingn Percentage Of Non Us Revenue Invoiced In Euros
PercentageOfNonUSRevenueInvoicedInEuros
0.719
CY2022Q3 us-gaap Revenues
Revenues
105389000
CY2021Q3 us-gaap Revenues
Revenues
93105000
us-gaap Revenues
Revenues
289150000
us-gaap Revenues
Revenues
281600000
ingn Transfer Of Inventory To Rental Equipment
TransferOfInventoryToRentalEquipment
998000
ingn Transfer Of Inventory To Rental Equipment
TransferOfInventoryToRentalEquipment
817000
CY2022Q3 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
26255000
CY2021Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
21909000
CY2022Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
11697000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
12116000
CY2022Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2227000
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2152000
CY2022Q3 us-gaap Inventory Net
InventoryNet
35725000
CY2021Q4 us-gaap Inventory Net
InventoryNet
31873000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
305000
CY2022Q3 us-gaap Goodwill
Goodwill
32674000
CY2022Q3 us-gaap Property Plant And Equipment Salvage Value
PropertyPlantAndEquipmentSalvageValue
0
CY2022Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
1059000
CY2021Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
858000
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
3289000
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
2531000
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3778000
CY2021Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3367000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
11089000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
9239000
CY2022Q3 ingn Rental Equipment Allowance
RentalEquipmentAllowance
2085000
CY2021Q4 ingn Rental Equipment Allowance
RentalEquipmentAllowance
1290000
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
91451000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
90595000
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
50819000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
51669000
CY2022Q3 us-gaap Property Plant And Equipment Net
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us-gaap Lessee Operating Lease Option To Extend
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CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
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CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2022Q3 us-gaap Operating Lease Liability
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CY2021Q3 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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22882333
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2022Q3 ingn Weighted Average Number Of Diluted Shares Outstanding Based On Net Loss
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WeightedAverageNumberOfDilutedSharesOutstandingBasedOnNetLoss
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WeightedAverageNumberOfDilutedSharesOutstandingBasedOnNetLoss
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us-gaap Allocated Share Based Compensation Expense
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CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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ingn Stock Issued During Period Shares Stock Options Expired
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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ingn Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Intrinsic Value Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIntrinsicValuePerShare
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
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CY2022Q3 ingn Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested And Exercisable Per Share Average Intrinsic Value
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P0Y7M17D
CY2022Q3 ingn Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested And Expected To Vest Per Share Average Intrinsic Value
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
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CY2022Q3 us-gaap Allocated Share Based Compensation Expense
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CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2021Q3 us-gaap Allocated Share Based Compensation Expense
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CY2022Q3 us-gaap Purchase Obligation Due In Next Twelve Months
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CY2021Q4 us-gaap Product Warranty Accrual
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CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
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us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
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CY2021 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
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CY2021 us-gaap Product Warranty Accrual Preexisting Increase Decrease
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us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
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CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
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CY2022Q3 us-gaap Product Warranty Accrual
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us-gaap Contract With Customer Liability Revenue Recognized
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ingn Contract With Customer Performance Obligations To Be Satisfied In Future Periods
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us-gaap Unrealized Gain Loss On Derivatives
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CY2022Q3 ingn Number Of Contract Ineffective Hedges
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CY2022Q3 ingn Number Of Contract Non Designated Hedges
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3
CY2021Q3 ingn Number Of Contract Designated Hedges
NumberOfContractDesignatedHedges
21
CY2021Q3 ingn Number Of Contract Non Designated Hedges
NumberOfContractNonDesignatedHedges
3

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