2024 Q4 Form 10-Q Financial Statement

#000095017024124115 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $88.83M
YoY Change 5.8%
Cost Of Revenue $47.49M
YoY Change -5.4%
Gross Profit $41.34M
YoY Change 22.45%
Gross Profit Margin 46.54%
Selling, General & Admin $45.62M
YoY Change 5.84%
% of Gross Profit 110.34%
Research & Development $3.518M
YoY Change -21.63%
% of Gross Profit 8.51%
Depreciation & Amortization $5.314M
YoY Change 15.02%
% of Gross Profit 12.85%
Operating Expenses $49.14M
YoY Change -38.95%
Operating Profit -$7.792M
YoY Change -83.32%
Interest Expense $1.041M
YoY Change -42.17%
% of Operating Profit
Other Income/Expense, Net $1.728M
YoY Change 23.16%
Pretax Income -$6.064M
YoY Change -86.62%
Income Tax -$101.0K
% Of Pretax Income
Net Earnings -$5.963M
YoY Change -86.96%
Net Earnings / Revenue -6.71%
Basic Earnings Per Share -$0.25
Diluted Earnings Per Share -$0.25
COMMON SHARES
Basic Shares Outstanding 23.82M 23.72M
Diluted Shares Outstanding 23.75M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $120.7M
YoY Change -12.59%
Cash & Equivalents $105.7M
Short-Term Investments $14.97M
Other Short-Term Assets $13.37M
YoY Change -7.13%
Inventory $23.32M
Prepaid Expenses
Receivables $34.23M
Other Receivables $964.0K
Total Short-Term Assets $192.6M
YoY Change -14.52%
LONG-TERM ASSETS
Property, Plant & Equipment $46.60M
YoY Change -5.91%
Goodwill $10.17M
YoY Change 3.05%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.071M
YoY Change 7.61%
Total Long-Term Assets $113.6M
YoY Change -4.06%
TOTAL ASSETS
Total Short-Term Assets $192.6M
Total Long-Term Assets $113.6M
Total Assets $306.2M
YoY Change -10.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.46M
YoY Change 0.33%
Accrued Expenses $21.37M
YoY Change 22.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $72.40M
YoY Change 19.9%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $39.99M
YoY Change -9.73%
Total Long-Term Liabilities $39.99M
YoY Change -9.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $72.40M
Total Long-Term Liabilities $39.99M
Total Liabilities $120.8M
YoY Change 6.81%
SHAREHOLDERS EQUITY
Retained Earnings -$143.1M
YoY Change 58.28%
Common Stock $326.8M
YoY Change 1.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $185.4M
YoY Change
Total Liabilities & Shareholders Equity $306.2M
YoY Change -10.92%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$5.963M
YoY Change -86.96%
Depreciation, Depletion And Amortization $5.314M
YoY Change 15.02%
Cash From Operating Activities $6.992M
YoY Change 220.73%
INVESTING ACTIVITIES
Capital Expenditures $4.853M
YoY Change -8.26%
Acquisitions
YoY Change
Other Investing Activities $5.158M
YoY Change -112.74%
Cash From Investing Activities $305.0K
YoY Change -100.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 441.0K
YoY Change 0.23%
NET CHANGE
Cash From Operating Activities 6.992M
Cash From Investing Activities 305.0K
Cash From Financing Activities 441.0K
Net Change In Cash 7.738M
YoY Change -117.92%
FREE CASH FLOW
Cash From Operating Activities $6.992M
Capital Expenditures $4.853M
Free Cash Flow $2.139M
YoY Change -168.78%

Facts In Submission

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WeightedAverageNumberOfDilutedSharesOutstanding
23231217
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23589836
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23129795
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
274779000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1779000
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
464000
CY2023Q3 ingn Stock Issued During Period Value Vesting Of Restricted Stock Units
StockIssuedDuringPeriodValueVestingOfRestrictedStockUnits
16000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-45719000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-657000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
230630000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
187595000
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1474000
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
441000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5963000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1857000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
185404000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
297406000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8484000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1094000
ingn Stock Issued During Period Value Vesting Of Restricted Stock Units
StockIssuedDuringPeriodValueVestingOfRestrictedStockUnits
503000
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
1000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
384000
us-gaap Net Income Loss
NetIncomeLoss
-75894000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-340000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
230630000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
204812000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5704000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
811000
ingn Stock Issued During Period Tax Withholding Value Vesting Of Restricted Stock Units
StockIssuedDuringPeriodTaxWithholdingValueVestingOfRestrictedStockUnits
286000
us-gaap Net Income Loss
NetIncomeLoss
-26131000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
494000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
185404000
us-gaap Net Income Loss
NetIncomeLoss
-26131000
us-gaap Net Income Loss
NetIncomeLoss
-75894000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15924000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13008000
ingn Gain Loss On Write Off Of Rental Units And Other Assets
GainLossOnWriteOffOfRentalUnitsAndOtherAssets
-3075000
ingn Gain Loss On Write Off Of Rental Units And Other Assets
GainLossOnWriteOffOfRentalUnitsAndOtherAssets
-3377000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
164000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
58000
ingn Provision For Sales Returns And Doubtful Accounts
ProvisionForSalesReturnsAndDoubtfulAccounts
9397000
ingn Provision For Sales Returns And Doubtful Accounts
ProvisionForSalesReturnsAndDoubtfulAccounts
7075000
us-gaap Inventory Write Down
InventoryWriteDown
-243000
us-gaap Inventory Write Down
InventoryWriteDown
2343000
ingn Loss On Purchase Commitments
LossOnPurchaseCommitments
-334000
us-gaap Share Based Compensation
ShareBasedCompensation
5704000
us-gaap Share Based Compensation
ShareBasedCompensation
8484000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-244000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1830000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
32894000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1154000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7140000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2048000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6452000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
288000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1165000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4083000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5054000
ingn Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-1323000
ingn Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-2453000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-351000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1406000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2947000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-7224000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
3195000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-3179000
ingn Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
2197000
ingn Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
2443000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2788000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1920000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-27000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
200000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1779000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2493000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8932000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-86000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
32333000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
23750000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
20500000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
10500000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2090000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
494000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3031000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3824000
ingn Payments To Produce And Purchase Rental Equipment
PaymentsToProduceAndPurchaseRentalEquipment
8833000
ingn Payments To Produce And Purchase Rental Equipment
PaymentsToProduceAndPurchaseRentalEquipment
16391000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
272000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
149000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
29633000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25515000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-63443000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
384000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
811000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1094000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
286000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
504000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
525000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
974000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-153000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
149000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-16211000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-62406000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
125492000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
187014000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
109281000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
124608000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
348000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-738000
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
3178000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
62000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
430000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Accounting estimates</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;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 goodwill, 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:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
34233000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
42241000
CY2024Q3 ingn Doubtful Accounts
DoubtfulAccounts
5026000
CY2023Q4 ingn Doubtful Accounts
DoubtfulAccounts
2341000
CY2024Q3 ingn Allowances For Sales Returns
AllowancesForSalesReturns
506000
CY2023Q4 ingn Allowances For Sales Returns
AllowancesForSalesReturns
479000
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5532000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2820000
CY2024Q3 ingn Percentage Of Non Us Revenue Invoiced In Euros
PercentageOfNonUSRevenueInvoicedInEuros
0.763
CY2023Q3 ingn Percentage Of Non Us Revenue Invoiced In Euros
PercentageOfNonUSRevenueInvoicedInEuros
0.769
ingn Percentage Of Non Us Revenue Invoiced In Euros
PercentageOfNonUSRevenueInvoicedInEuros
0.784
ingn Percentage Of Non Us Revenue Invoiced In Euros
PercentageOfNonUSRevenueInvoicedInEuros
0.78
CY2024Q3 us-gaap Revenues
Revenues
88834000
CY2023Q3 us-gaap Revenues
Revenues
83967000
us-gaap Revenues
Revenues
255624000
us-gaap Revenues
Revenues
239764000
ingn Transfer Of Inventory To Rental Equipment
TransferOfInventoryToRentalEquipment
509000
ingn Transfer Of Inventory To Rental Equipment
TransferOfInventoryToRentalEquipment
1997000
CY2024Q3 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
17870000
CY2023Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
18036000
CY2024Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
8451000
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6871000
CY2024Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3001000
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3067000
CY2024Q3 us-gaap Inventory Net
InventoryNet
23320000
CY2023Q4 us-gaap Inventory Net
InventoryNet
21840000
CY2024Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
1689000
CY2023Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
1320000
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
4890000
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
3873000
CY2024Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4207000
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4409000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12697000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12724000
CY2024Q3 ingn Rental Equipment Allowance
RentalEquipmentAllowance
3181000
CY2023Q4 ingn Rental Equipment Allowance
RentalEquipmentAllowance
2606000
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
91213000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
98161000
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
44615000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
47845000
CY2024Q3 ingn Rental Equipment Allowance
RentalEquipmentAllowance
3181000
CY2023Q4 ingn Rental Equipment Allowance
RentalEquipmentAllowance
2606000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46598000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
50316000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2023Q4 us-gaap Goodwill
Goodwill
10057000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-113000
CY2024Q3 us-gaap Goodwill
Goodwill
10170000
CY2024Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
32894000
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
32894000
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
44154000
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10392000
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
33762000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
41680000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7089000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
34591000
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1188000
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4717000
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4585000
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4048000
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3368000
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3368000
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
12488000
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
33762000
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
15459000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
13454000
CY2024Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
7263000
CY2023Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
10054000
CY2023Q4 ingn Accrued Purchasing Card Liability
AccruedPurchasingCardLiability
2197000
CY2024Q3 ingn Accrued Loss On Purchase Commitments
AccruedLossOnPurchaseCommitments
1723000
CY2023Q4 ingn Accrued Loss On Purchase Commitments
AccruedLossOnPurchaseCommitments
2057000
CY2024Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
457000
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
472000
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2126000
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1908000
CY2024Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
27028000
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
30142000
CY2024Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
5201000
CY2023Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1110000
CY2024Q3 ingn Accrued Wages And Other Payroll Related Items Current
AccruedWagesAndOtherPayrollRelatedItemsCurrent
3736000
CY2023Q4 ingn Accrued Wages And Other Payroll Related Items Current
AccruedWagesAndOtherPayrollRelatedItemsCurrent
4170000
CY2024Q3 us-gaap Accrued Vacation Current
AccruedVacationCurrent
3590000
CY2023Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
3194000
CY2024Q3 ingn Accrued Severance Current
AccruedSeveranceCurrent
1667000
CY2023Q4 ingn Accrued Severance Current
AccruedSeveranceCurrent
2284000
CY2024Q3 ingn Accrued Employee Stock Purchase Plan Deductions
AccruedEmployeeStockPurchasePlanDeductions
91000
CY2023Q4 ingn Accrued Employee Stock Purchase Plan Deductions
AccruedEmployeeStockPurchasePlanDeductions
308000
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14285000
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
11066000
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
options to extend the leases for up to 5 years.
us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2024Q3 ingn Rent Expense Including Short Term Lease Cost
RentExpenseIncludingShortTermLeaseCost
1132000
CY2023Q3 ingn Rent Expense Including Short Term Lease Cost
RentExpenseIncludingShortTermLeaseCost
1008000
ingn Rent Expense Including Short Term Lease Cost
RentExpenseIncludingShortTermLeaseCost
3341000
ingn Rent Expense Including Short Term Lease Cost
RentExpenseIncludingShortTermLeaseCost
2944000
us-gaap Operating Lease Payments
OperatingLeasePayments
3494000
us-gaap Operating Lease Payments
OperatingLeasePayments
3016000
us-gaap Operating Lease Cost
OperatingLeaseCost
3298000
us-gaap Operating Lease Cost
OperatingLeaseCost
2923000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1566000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1997000
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y10M24D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.056
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.030
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
3325000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
3641000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
3637000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
3287000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
3089000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
5038000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
22017000
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1870000
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
20147000
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2777000
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
17370000
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
20147000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5963000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-45719000
us-gaap Net Income Loss
NetIncomeLoss
-26131000
us-gaap Net Income Loss
NetIncomeLoss
-75894000
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23751168
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23231217
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23589836
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23129795
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23751168
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23231217
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23589836
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23129795
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.97
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.28
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.97
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.28
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23751168
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23231217
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23589836
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23129795
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
764761
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
149236
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
620943
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
301309
CY2024Q3 ingn Weighted Average Number Of Diluted Shares Outstanding Based On Net Loss
WeightedAverageNumberOfDilutedSharesOutstandingBasedOnNetLoss
24515929
CY2023Q3 ingn Weighted Average Number Of Diluted Shares Outstanding Based On Net Loss
WeightedAverageNumberOfDilutedSharesOutstandingBasedOnNetLoss
23380453
ingn Weighted Average Number Of Diluted Shares Outstanding Based On Net Loss
WeightedAverageNumberOfDilutedSharesOutstandingBasedOnNetLoss
24210779
ingn Weighted Average Number Of Diluted Shares Outstanding Based On Net Loss
WeightedAverageNumberOfDilutedSharesOutstandingBasedOnNetLoss
23431104
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
252576
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1243595
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
337866
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
903896
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
59968000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
20000
CY2023Q4 ingn Share Based Compensation Arrangement By Share Based Payment Award Per Share Price Of Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerSharePriceOfShares
83.3
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
83.30
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P0Y4M9D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
10000
ingn Share Based Compensation Arrangement By Share Based Payment Award Per Share Price Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerSharePriceForfeited
83.3
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
83.30
ingn Stock Issued During Period Shares Stock Options Expired
StockIssuedDuringPeriodSharesStockOptionsExpired
10000
ingn Share Based Compensation Arrangement By Share Based Payment Award Per Share Price Expired
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerSharePriceExpired
83.3
ingn Share Based Compensation Arrangements By Share Based Payment Award Options Expired In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpiredInPeriodWeightedAverageExercisePrice
83.3
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
735000
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1474000
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1779000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5704000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8484000
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1474000
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1779000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5704000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8484000
CY2024Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
60800000
CY2024Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
1723000
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
2057000
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
23478000
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
19913000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
8562000
CY2023 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
9843000
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
986000
CY2023 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
5014000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
7351000
CY2023 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
11292000
CY2024Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
25675000
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
23478000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3964000
CY2023 ingn Contract With Customer Performance Obligations To Be Satisfied In Future Periods
ContractWithCustomerPerformanceObligationsToBeSatisfiedInFuturePeriods
1442000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
53000
CY2024Q3 ingn Number Of Contract Ineffective Hedges
NumberOfContractIneffectiveHedges
0
CY2023Q3 ingn Number Of Contract Ineffective Hedges
NumberOfContractIneffectiveHedges
0
CY2024Q3 ingn Number Of Contract Designated Hedges
NumberOfContractDesignatedHedges
0
CY2024Q3 ingn Number Of Contract Non Designated Hedges
NumberOfContractNonDesignatedHedges
4
CY2023Q3 ingn Number Of Contract Designated Hedges
NumberOfContractDesignatedHedges
3
CY2023Q3 ingn Number Of Contract Non Designated Hedges
NumberOfContractNonDesignatedHedges
1
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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