2020 Q4 Form 10-Q Financial Statement

#000102265220000021 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $86.06M $90.24M $62.72M
YoY Change 64.45% 43.89% 23.87%
Cost Of Revenue $59.60M $65.07M $44.09M
YoY Change 59.79% 47.58% 33.5%
Gross Profit $26.45M $25.17M $18.63M
YoY Change 75.95% 35.14% 5.8%
Gross Profit Margin 30.73% 27.89% 29.7%
Selling, General & Admin $17.30M $17.15M $14.30M
YoY Change 20.14% 19.92% 21.74%
% of Gross Profit 65.41% 68.12% 76.76%
Research & Development $15.50M $10.68M $6.655M
YoY Change 82.35% 60.54% 25.16%
% of Gross Profit 58.61% 42.45% 35.73%
Depreciation & Amortization $12.00M $6.260M $5.560M
YoY Change 112.01% 12.59% 71.6%
% of Gross Profit 45.37% 24.87% 29.85%
Operating Expenses $33.70M $28.61M $21.80M
YoY Change 41.6% 31.24% 2077.72%
Operating Profit -$7.253M -$3.438M -$3.174M
YoY Change -17.29% 8.32% -119.12%
Interest Expense -$1.700M -$1.657M -$5.119M
YoY Change -66.0% -67.63% 0.12%
% of Operating Profit
Other Income/Expense, Net -$1.800M $1.053M -$307.0K
YoY Change -550.0% -443.0% 70.56%
Pretax Income -$12.20M -$5.222M -$8.600M
YoY Change -8.96% -39.28% -176.04%
Income Tax $600.0K $200.0K $200.0K
% Of Pretax Income
Net Earnings -$12.70M -$5.442M -$8.806M
YoY Change -3.05% -38.2% -181.21%
Net Earnings / Revenue -14.76% -6.03% -14.04%
Basic Earnings Per Share -$0.06 -$0.11
Diluted Earnings Per Share -$128.3K -$0.06 -$0.11
COMMON SHARES
Basic Shares Outstanding 98.88M shares 98.02M shares 79.55M shares
Diluted Shares Outstanding 98.02M shares 79.55M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.00M $42.00M $13.90M
YoY Change 230.58% 202.16% -55.87%
Cash & Equivalents $40.02M $41.99M $13.95M
Short-Term Investments
Other Short-Term Assets $10.20M $11.00M $10.40M
YoY Change 43.66% 5.77% 55.22%
Inventory $33.95M $24.24M $25.96M
Prepaid Expenses
Receivables $29.90M $38.04M $21.53M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $114.1M $115.2M $71.80M
YoY Change 77.91% 60.51% -9.57%
LONG-TERM ASSETS
Property, Plant & Equipment $13.70M $13.05M $7.469M
YoY Change 27.36% 74.75% 28.07%
Goodwill $32.51M $28.74M $31.48M
YoY Change -3.41% -8.69% -5.92%
Intangibles $51.49M $51.97M $39.85M
YoY Change 15.98% 30.42% 19.32%
Long-Term Investments
YoY Change
Other Assets $388.0K $384.0K $743.0K
YoY Change 0.26% -48.32% -14.5%
Total Long-Term Assets $113.3M $108.5M $86.90M
YoY Change 16.51% 24.86% 9.28%
TOTAL ASSETS
Total Short-Term Assets $114.1M $115.2M $71.80M
Total Long-Term Assets $113.3M $108.5M $86.90M
Total Assets $227.4M $223.7M $158.7M
YoY Change 40.91% 40.99% -0.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $52.34M $51.10M $28.85M
YoY Change 97.64% 77.15% -8.66%
Accrued Expenses $23.37M $23.26M $16.60M
YoY Change 29.5% 40.17% 1.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $100.0K $200.0K
YoY Change -100.0% -50.0% -87.5%
Long-Term Debt Due $145.4M
YoY Change
Total Short-Term Liabilities $75.71M $74.49M $191.1M
YoY Change 70.02% -61.01% 285.45%
LONG-TERM LIABILITIES
Long-Term Debt $165.1M $162.8M $0.00
YoY Change 11.63% -100.0%
Other Long-Term Liabilities $9.929M $10.35M $1.738M
YoY Change 317.18% 495.68% -29.89%
Total Long-Term Liabilities $9.929M $10.35M $1.738M
YoY Change 317.18% 495.68% -29.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $75.71M $74.49M $191.1M
Total Long-Term Liabilities $9.929M $10.35M $1.738M
Total Liabilities $255.3M $251.0M $197.0M
YoY Change 28.46% 27.38% 2.49%
SHAREHOLDERS EQUITY
Retained Earnings -$732.4M -$718.8M -$605.0M
YoY Change 18.46% 18.81% 5.47%
Common Stock $99.00K $99.00K $80.00K
YoY Change 20.73% 23.75% 9.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$27.81M -$27.13M -$38.24M
YoY Change
Total Liabilities & Shareholders Equity $227.4M $223.7M $158.7M
YoY Change 40.91% 40.99% -0.14%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$12.70M -$5.442M -$8.806M
YoY Change -3.05% -38.2% -181.21%
Depreciation, Depletion And Amortization $12.00M $6.260M $5.560M
YoY Change 112.01% 12.59% 71.6%
Cash From Operating Activities $3.340M $12.05M -$4.940M
YoY Change -211.33% -343.93% 3.56%
INVESTING ACTIVITIES
Capital Expenditures -$9.810M -$11.83M -$9.200M
YoY Change 26.42% 28.59% 1195.77%
Acquisitions
YoY Change
Other Investing Activities $60.00K $90.00K $0.00
YoY Change -14.29% -100.0%
Cash From Investing Activities -$9.740M -$11.74M -$9.200M
YoY Change 26.66% 27.61% 1360.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.330M -390.0K 8.630M
YoY Change -84.41% -104.52% -53.17%
NET CHANGE
Cash From Operating Activities 3.340M 12.05M -4.940M
Cash From Investing Activities -9.740M -11.74M -9.200M
Cash From Financing Activities 1.330M -390.0K 8.630M
Net Change In Cash -5.070M -80.00K -5.510M
YoY Change 134.72% -98.55% -142.29%
FREE CASH FLOW
Cash From Operating Activities $3.340M $12.05M -$4.940M
Capital Expenditures -$9.810M -$11.83M -$9.200M
Free Cash Flow $13.15M $23.88M $4.260M
YoY Change 176.26% 460.56% -204.93%

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829000 USD
CY2019Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
131000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2056000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
131000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6271000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8937000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-100526000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-27201000 USD
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.06
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.35
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
98016798 shares
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
79550445 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
95136713 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
77606317 shares
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-5439000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-8823000 USD
us-gaap Profit Loss
ProfitLoss
-98441000 USD
us-gaap Profit Loss
ProfitLoss
-27013000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1170000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4119000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-10734000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2912000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4269000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12942000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-109175000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-29925000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-37328000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-8823000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4119000 USD
CY2019Q3 insg Stock Issued During Period Value Exercise Of Stock Options Vesting Of Restricted Stock Units And Employee Stock Purchase Plan
StockIssuedDuringPeriodValueExerciseOfStockOptionsVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlan
601000 USD
CY2019Q3 insg Taxes Withheld On Net Settled Vesting Of Restricted Stock Units
TaxesWithheldOnNetSettledVestingOfRestrictedStockUnits
942000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1253000 USD
CY2019Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-38320000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-41928000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-5439000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1170000 USD
CY2020Q3 insg Stock Issued During Period Value Exercise Of Stock Options Vesting Of Restricted Stock Units And Employee Stock Purchase Plan
StockIssuedDuringPeriodValueExerciseOfStockOptionsVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlan
1486000 USD
CY2020Q3 insg Taxes Withheld On Net Settled Vesting Of Restricted Stock Units
TaxesWithheldOnNetSettledVestingOfRestrictedStockUnits
45000 USD
CY2020Q3 insg Stock Issued During Period Value Settlement Agreement
StockIssuedDuringPeriodValueSettlementAgreement
972000 USD
CY2020Q3 insg Stock Issued During Period Value Note Exchange
StockIssuedDuringPeriodValueNoteExchange
1000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
14354000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2207000 USD
CY2020Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-27222000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-36525000 USD
us-gaap Profit Loss
ProfitLoss
-27013000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2912000 USD
insg Stock Issued During Period Value Exercise Of Stock Options Vesting Of Restricted Stock Units And Employee Stock Purchase Plan
StockIssuedDuringPeriodValueExerciseOfStockOptionsVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlan
1517000 USD
insg Taxes Withheld On Net Settled Vesting Of Restricted Stock Units
TaxesWithheldOnNetSettledVestingOfRestrictedStockUnits
1260000 USD
insg Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
10639000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5955000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-38320000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-37358000 USD
us-gaap Profit Loss
ProfitLoss
-98441000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10734000 USD
insg Stock Issued During Period Value Exercise Of Stock Options Vesting Of Restricted Stock Units And Employee Stock Purchase Plan
StockIssuedDuringPeriodValueExerciseOfStockOptionsVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlan
3198000 USD
insg Taxes Withheld On Net Settled Vesting Of Restricted Stock Units
TaxesWithheldOnNetSettledVestingOfRestrictedStockUnits
326000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2354000 USD
insg Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
1861000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8188000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
insg Stock Issued During Period Value Settlement Agreement
StockIssuedDuringPeriodValueSettlementAgreement
972000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-27222000 USD
us-gaap Profit Loss
ProfitLoss
-98441000 USD
us-gaap Profit Loss
ProfitLoss
-27013000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15948000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12770000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
240000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
691000 USD
us-gaap Inventory Write Down
InventoryWriteDown
430000 USD
us-gaap Inventory Write Down
InventoryWriteDown
389000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8188000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5955000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3632000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7329000 USD
insg Fair Value Adjustment Of Derivatives
FairValueAdjustmentOfDerivatives
-1372000 USD
insg Fair Value Adjustment Of Derivatives
FairValueAdjustmentOfDerivatives
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-76354000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
110000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-50000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1349000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19065000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1912000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2078000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2525000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3918000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4535000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
25170000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8887000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
11464000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1404000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16712000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14998000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5084000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4169000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
327000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
454000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
20216000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
16800000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24973000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20515000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
100000000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3600000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
insg Payment For Convertible Note Exchange Transaction
PaymentForConvertibleNoteExchangeTransaction
32062000 USD
insg Payment For Convertible Note Exchange Transaction
PaymentForConvertibleNoteExchangeTransaction
0 USD
insg Payment For Debt Payoff And Extinguishment Costs
PaymentForDebtPayoffAndExtinguishmentCosts
48830000 USD
insg Payment For Debt Payoff And Extinguishment Costs
PaymentForDebtPayoffAndExtinguishmentCosts
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
25000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
10000000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
2354000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1861000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
10639000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
110000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-1159000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2243000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
795000 USD
insg Proceeds From Stock Option Exercises And Espp Net Of Taxes Paid On Vested Restricted Stock Units
ProceedsFromStockOptionExercisesAndEsppNetOfTaxesPaidOnVestedRestrictedStockUnits
2872000 USD
insg Proceeds From Stock Option Exercises And Espp Net Of Taxes Paid On Vested Restricted Stock Units
ProceedsFromStockOptionExercisesAndEsppNetOfTaxesPaidOnVestedRestrictedStockUnits
257000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40754000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18942000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2573000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-560000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
29920000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17131000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12074000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31076000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41994000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13945000 USD
us-gaap Interest Paid Net
InterestPaidNet
640000 USD
us-gaap Interest Paid Net
InterestPaidNet
6231000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
286000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
583000 USD
insg Transferof Inventoriesto Rental Assets
TransferofInventoriestoRentalAssets
2650000 USD
insg Transferof Inventoriesto Rental Assets
TransferofInventoriestoRentalAssets
2712000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3786000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
799000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7704000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3554000 USD
insg Issuance Of Common Stock Under Settlement Agreement
IssuanceOfCommonStockUnderSettlementAgreement
972000 USD
insg Issuance Of Common Stock Under Settlement Agreement
IssuanceOfCommonStockUnderSettlementAgreement
1279000 USD
us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
2330000 USD
us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
0 USD
insg Debt Issuance Costs Extinguished During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsExtinguishedDuringNoncashOrPartialNoncashTransaction
1728000 USD
insg Debt Issuance Costs Extinguished During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsExtinguishedDuringNoncashOrPartialNoncashTransaction
0 USD
insg Debt Conversion Original Debt One Amount
DebtConversionOriginalDebtOneAmount
59907000 USD
insg Debt Conversion Original Debt One Amount
DebtConversionOriginalDebtOneAmount
0 USD
insg Debt Conversion Original Debt Two Amount
DebtConversionOriginalDebtTwoAmount
250000 USD
insg Debt Conversion Original Debt Two Amount
DebtConversionOriginalDebtTwoAmount
0 USD
us-gaap Notes Issued1
NotesIssued1
80375000 USD
us-gaap Notes Issued1
NotesIssued1
0 USD
insg Debt Conversion Converted Instrument Amount Including Extinguishment Of Derivative Liability
DebtConversionConvertedInstrumentAmountIncludingExtinguishmentOfDerivativeLiability
14353000 USD
insg Debt Conversion Converted Instrument Amount Including Extinguishment Of Derivative Liability
DebtConversionConvertedInstrumentAmountIncludingExtinguishmentOfDerivativeLiability
0 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42000000.0 USD
CY2020Q3 insg Working Capital
WorkingCapital
40700000 USD
CY2020Q2 insg Payment For Convertible Note Exchange Transaction
PaymentForConvertibleNoteExchangeTransaction
32000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segments
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses, and the disclosure of contingent liabilities. Actual results could differ materially from these estimates. Significant estimates include revenue recognition, capitalized software costs, allowance for doubtful accounts receivable, provision for excess and obsolete inventory, valuation of intangible and long-lived assets, valuation of goodwill, valuation of debt obligations, valuation of derivatives, royalty costs, accruals relating to litigation, income taxes and share-based compensation expense. The inputs related to certain estimates include consideration of the economic impact of the COVID-19 pandemic. As the impact of the COVID-19 pandemic continues to develop, these estimates could carry a higher degree of variability and volatility, and may change materially in future periods.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Reclassification Certain reclassifications have been made to the prior period condensed consolidated statement of operations to conform to the current period presentation.
CY2020Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
20299000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
21229000 USD
CY2020Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
3942000 USD
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
4061000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
24241000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
25290000 USD
CY2020Q3 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
2672000 USD
CY2019Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
1415000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5426000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2716000 USD
CY2020Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1522000 USD
CY2019Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
483000 USD
CY2020Q3 us-gaap Interest Payable Current
InterestPayableCurrent
2078000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1543000 USD
CY2020Q3 us-gaap Deferred Revenue
DeferredRevenue
4295000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
2235000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1327000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1101000 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1000000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5943000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7368000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
23263000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17861000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41994000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12074000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13945000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31015000 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2019Q3 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
61000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41994000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12074000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13945000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31076000 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
4582000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
281000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
1372000 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
2929000 USD
CY2020Q2 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
4600000 USD
CY2020Q3 insg Debt Conversion Derivative Liability Extinguished
DebtConversionDerivativeLiabilityExtinguished
300000 USD
CY2020Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
2900000 USD
CY2020Q3 us-gaap Embedded Derivative Gain On Embedded Derivative
EmbeddedDerivativeGainOnEmbeddedDerivative
1400000 USD
CY2020Q2 insg Payment For Convertible Note Exchange Transaction
PaymentForConvertibleNoteExchangeTransaction
32000000.0 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2207000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1253000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8188000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5955000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9044304 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1526000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
910490 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
450777 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9209037 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4034796 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26839771 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26839771 shares
CY2018Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
12062000 shares
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
4221700 shares
CY2018Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
2.52
CY2019Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
10600000 USD
CY2019Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
2500000 shares
CY2019Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
7.00
CY2020Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1900000 USD
CY2020Q1 insg Stock Issued During Period Shares Warrants Exercised
StockIssuedDuringPeriodSharesWarrantsExercised
338454 shares
CY2020Q3 us-gaap Revenues
Revenues
90240000 USD
CY2019Q3 us-gaap Revenues
Revenues
62716000 USD
us-gaap Revenues
Revenues
227769000 USD
us-gaap Revenues
Revenues
167163000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9300000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
10000000.0 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.091
us-gaap Operating Lease Payments
OperatingLeasePayments
500000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1600000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
700000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1400000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
495000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2330000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2190000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1887000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1769000 USD
CY2020Q3 insg Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
4437000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13108000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3126000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
9982000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1327000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
8655000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800000 USD

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