2018 Q4 Form 10-Q Financial Statement
#000160955018000012 Filed on November 06, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
Revenue | $16.56M | $13.05M | $7.271M |
YoY Change | 66.31% | 79.54% | |
Cost Of Revenue | $3.190M | $2.467M | $1.565M |
YoY Change | 69.68% | 57.64% | |
Gross Profit | $13.37M | $10.59M | $5.706M |
YoY Change | 65.5% | 85.54% | |
Gross Profit Margin | 80.72% | 81.1% | 78.48% |
Selling, General & Admin | $16.11M | $24.78M | $8.179M |
YoY Change | 57.32% | 202.93% | |
% of Gross Profit | 120.53% | 234.03% | 143.34% |
Research & Development | $2.150M | $1.771M | $1.176M |
YoY Change | 27.98% | 50.6% | |
% of Gross Profit | 16.09% | 16.73% | 20.61% |
Depreciation & Amortization | $100.0K | $100.0K | $70.00K |
YoY Change | -16.67% | 42.86% | |
% of Gross Profit | 0.75% | 0.94% | 1.23% |
Operating Expenses | $18.27M | $15.24M | $9.355M |
YoY Change | 53.27% | 62.86% | |
Operating Profit | -$4.904M | -$4.649M | -$3.649M |
YoY Change | 27.58% | 27.4% | |
Interest Expense | $130.0K | $680.0K | $428.0K |
YoY Change | -128.89% | 58.88% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$10.00K | -$44.00K | -$374.0K |
YoY Change | -125.0% | -88.24% | |
Pretax Income | -$4.780M | -$4.693M | -$4.023M |
YoY Change | 12.47% | 16.65% | |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$4.778M | -$4.693M | -$4.022M |
YoY Change | 12.37% | 16.68% | |
Net Earnings / Revenue | -28.85% | -35.95% | -55.32% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$162.4K | -$219.6K | -$198.6K |
COMMON SHARES | |||
Basic Shares Outstanding | 21.40M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $188.2M | $120.4M | |
YoY Change | |||
Cash & Equivalents | $97.29M | $26.31M | $14.54M |
Short-Term Investments | $90.90M | $94.10M | |
Other Short-Term Assets | $1.700M | $1.000M | |
YoY Change | |||
Inventory | $2.667M | $3.075M | |
Prepaid Expenses | $1.734M | $1.044M | |
Receivables | $6.667M | $5.410M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $199.3M | $130.0M | |
YoY Change | 726.98% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $802.0K | $765.0K | |
YoY Change | -19.32% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | ||
YoY Change | |||
Total Long-Term Assets | $802.0K | $765.0K | |
YoY Change | -19.32% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $199.3M | $130.0M | |
Total Long-Term Assets | $802.0K | $765.0K | |
Total Assets | $200.1M | $130.7M | |
YoY Change | 697.42% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.400M | $2.400M | |
YoY Change | |||
Accrued Expenses | $7.726M | $4.962M | |
YoY Change | 86.21% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $11.16M | $7.595M | |
YoY Change | 56.08% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $24.90M | $24.80M | |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
Total Long-Term Liabilities | $24.93M | $24.81M | |
YoY Change | 50.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $11.16M | $7.595M | |
Total Long-Term Liabilities | $24.93M | $24.81M | |
Total Liabilities | $36.08M | $32.41M | |
YoY Change | 51.83% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$146.9M | -$142.1M | |
YoY Change | 17.45% | ||
Common Stock | $23.00K | $21.00K | |
YoY Change | 2200.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $164.0M | $98.31M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $200.1M | $130.7M | |
YoY Change | 697.42% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.778M | -$4.693M | -$4.022M |
YoY Change | 12.37% | 16.68% | |
Depreciation, Depletion And Amortization | $100.0K | $100.0K | $70.00K |
YoY Change | -16.67% | 42.86% | |
Cash From Operating Activities | -$2.580M | -$3.560M | -$3.120M |
YoY Change | -21.34% | 14.1% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$190.0K | $0.00 | -$120.0K |
YoY Change | 216.67% | -100.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $3.810M | -$92.03M | -$4.800M |
YoY Change | -259.41% | 1817.29% | |
Cash From Investing Activities | $3.620M | -$92.03M | -$4.920M |
YoY Change | -247.76% | 1770.53% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 69.91M | 40.00K | 80.00K |
YoY Change | 49835.71% | -50.0% | |
NET CHANGE | |||
Cash From Operating Activities | -2.580M | -3.560M | -3.120M |
Cash From Investing Activities | 3.620M | -92.03M | -4.920M |
Cash From Financing Activities | 69.91M | 40.00K | 80.00K |
Net Change In Cash | 70.95M | -95.55M | -7.960M |
YoY Change | -1369.23% | 1100.38% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.580M | -$3.560M | -$3.120M |
Capital Expenditures | -$190.0K | $0.00 | -$120.0K |
Free Cash Flow | -$2.390M | -$3.560M | -$3.000M |
YoY Change | -25.78% | 18.67% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4032000 | USD |
CY2018Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4962000 | USD |
CY2017Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
2871000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
4137000 | USD | |
CY2018Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7595000 | USD |
CY2017Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
16617000 | USD |
CY2018Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
3619000 | USD |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
0 | USD | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
110000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
21391590 | shares |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
21000 | USD |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-11.45 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12514000 | USD | |
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Central Index Key
EntityCentralIndexKey
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0001609550 | ||
insp |
Sharebased Compensation Noncash Services
SharebasedCompensationNoncashServices
|
37000 | USD | |
CY2017Q4 | insp |
Total Authorized Shares
TotalAuthorizedShares
|
186894620 | shares |
CY2018Q3 | insp |
Total Authorized Shares
TotalAuthorizedShares
|
210000000 | shares |
CY2018Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
21400367 | shares |
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
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Yes | ||
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Entity Emerging Growth Company
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true | ||
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Entity Ex Transition Period
EntityExTransitionPeriod
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CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.22 | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
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Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Inspire Medical Systems, Inc. | ||
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Entity Small Business
EntitySmallBusiness
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false | ||
CY2018Q2 | insp |
Reclassification Of Warrant Liability To Additional Paid In Capital
ReclassificationOfWarrantLiabilityToAdditionalPaidInCapital
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855000 | USD |
CY2018Q2 | insp |
Reclassification Of Warrant Liability To Additional Paid In Capital
ReclassificationOfWarrantLiabilityToAdditionalPaidInCapital
|
855000 | USD |
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Reverse Stock Split Conversion Ratio
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|
0.150 | |
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Sharebased Compensation Noncash Services
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0 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.40 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-16105000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
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-4023000 | USD |
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Net Income Loss
NetIncomeLoss
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-13260000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
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us-gaap |
Net Income Loss
NetIncomeLoss
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-17050000 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
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-374000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
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-1103000 | USD | |
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Nonoperating Income Expense
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Nonoperating Income Expense
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Number Of Reportable Segments
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|
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Accrued Vacation Current
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Operating Expenses
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Operating Expenses
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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Advertising Expense
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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788000 | USD |
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
0 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
231000 | USD | |
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Accumulated Other Comprehensive Income Loss Net Of Tax
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-26000 | USD |
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Additional Paid In Capital
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7305000 | USD |
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Additional Paid In Capital
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Advertising Expense
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Advertising Expense
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Operating Expenses
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Allocated Share Based Compensation Expense
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Allocated Share Based Compensation Expense
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Allowance For Doubtful Accounts Receivable Current
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47000 | USD |
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Allowance For Doubtful Accounts Receivable Current
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47000 | USD |
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Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
456000 | USD | |
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Assets
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Assets
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Assets Current
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24097000 | USD |
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Assets Current
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129955000 | USD |
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Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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0 | USD |
CY2018Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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Income Tax Expense Benefit
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Issuance Of Stock And Warrants For Services Or Claims
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Available For Sale Debt Securities Amortized Cost Basis
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Available For Sale Securities Debt Securities
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Available For Sale Securities Debt Securities Noncurrent
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400000 | USD | |
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents Period Increase Decrease
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Cash And Cash Equivalents Period Increase Decrease
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Common Stock Par Or Stated Value Per Share
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0.001 | |
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Common Stock Par Or Stated Value Per Share
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0.001 | |
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Operating Income Loss
OperatingIncomeLoss
|
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CY2018Q3 | us-gaap |
Common Stock Shares Authorized
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|
200000000 | shares |
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Common Stock Shares Issued
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Common Stock Shares Issued
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Common Stock Shares Outstanding
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|
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Common Stock Value
CommonStockValue
|
1000 | USD |
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Comprehensive Income Net Of Tax
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Comprehensive Income Net Of Tax
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Operating Income Loss
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Operating Income Loss
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Cost Of Revenue
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|
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us-gaap |
Cost Of Revenue
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|
6863000 | USD | |
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Depreciation And Amortization
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|
100000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
174000 | USD | |
CY2018Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
100000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
288000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
174000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
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|
288000 | USD | |
CY2017Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
157000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
385056 | shares | |
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Derivative Liabilities
DerivativeLiabilities
|
0 | USD |
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-3.42 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-15481000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
2043000 | USD |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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|
0.35 | |
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Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | ||
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P2Y7M12D | ||
CY2018Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
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2400000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
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Fair Value Assets Level1 To Level2 Transfers Amount
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CY2018Q3 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
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Fair Value Assets Level2 To Level1 Transfers Amount
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CY2017Q4 | us-gaap |
Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
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Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
|
0 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
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1043000 | USD |
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Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
|
0 | USD |
CY2018Q3 | us-gaap |
Fair Value Liabilities Level2 To Level1 Transfers Amount
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0 | USD |
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Fair Value Option Changes In Fair Value Gain Loss1
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0 | USD | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
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-595000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
48000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
100000 | USD |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
864000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2552000 | USD | |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2153000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
12250000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
10208000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5503000 | USD | |
CY2017Q3 | us-gaap |
Gross Profit
GrossProfit
|
5706000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
14473000 | USD | |
CY2018Q3 | us-gaap |
Gross Profit
GrossProfit
|
10587000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
0 | USD |
us-gaap |
Gross Profit
GrossProfit
|
27171000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4023000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
0 | USD |
CY2017Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
16460000 | USD |
CY2018Q3 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
24814000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-13260000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
25521000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
120473000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
445000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-549000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
593000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
997000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-312000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-595000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
93000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
618000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1105000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1552000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
428000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
1224000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
680000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
2615000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
984000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1453000 | USD | |
CY2017Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
117000 | USD |
CY2018Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
184000 | USD |
CY2017Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2347000 | USD |
CY2018Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2021000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
3670000 | USD |
CY2018Q3 | us-gaap |
Inventory Net
InventoryNet
|
3075000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
1323000 | USD |
CY2018Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
1054000 | USD |
CY2017Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
518000 | USD |
CY2018Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
813000 | USD |
CY2017Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
55000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
119000 | USD | |
CY2018Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
641000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1049000 | USD | |
CY2017Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
2998000 | USD |
CY2018Q3 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
2449000 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
3858000 | USD |
CY2018Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
5410000 | USD |
CY2018Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
24814000 | USD |
CY2017Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
16500000 | USD |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2071616 | shares |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
100000 | USD | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4719000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-17076000 | USD | |
CY2017Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1565000 | USD |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2198130 | shares |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.47 | |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.80 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.90 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.05 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
15.04 | ||
CY2018Q3 | us-gaap |
Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
|
0 | USD |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4693000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-17050000 | USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
|
2.80 | ||
us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
|
54.99 | ||
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
103000 | USD | |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
25091000 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
130720000 | USD |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5152000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-87011000 | USD | |
CY2017Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
84136000 | USD |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
|
52975000 | USD | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y4M22D | ||
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
24500000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
2042000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7147000 | USD |
CY2017Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y10M24D | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y10M | ||
CY2018Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
100000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
100000 | USD | |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
438000 | USD |
CY2018Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
397000 | USD |
CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2000 | USD | |
CY2018Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-5000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3000 | USD | |
CY2015Q3 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
72000 | USD |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
4802000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
98936000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
11984000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
95000 | USD | |
CY2018Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
11312000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
31913000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
431000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-13260000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-17050000 | USD | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1804000 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1553000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
189000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
696000 | USD | |
CY2017Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
7188000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
994000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1307821 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
76235050 | shares |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
1.58 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
31428 | shares | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
458000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
8000000 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-125085000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-142135000 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
7271000 | USD |
CY2018Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
76894620 | shares |
us-gaap |
Revenues
Revenues
|
18610000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
350000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
59000 | USD | |
CY2017 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.08 | |
CY2018Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
76235050 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
119106000 | USD |
CY2018Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
426000 | USD |
CY2018Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1044000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
112042000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
24968000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD | |
CY2018Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
765000 | USD |
CY2017Q4 | us-gaap |
Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
|
9000000 | USD |
CY2018Q3 | us-gaap |
Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
|
16200000 | USD |
us-gaap |
Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
|
829000 | USD | |
us-gaap |
Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
|
305000 | USD | |
CY2017Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1176000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4512000 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
13054000 | USD |
us-gaap |
Revenues
Revenues
|
34034000 | USD | |
CY2017Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
7315000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
19566000 | USD | |
CY2018Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1771000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5236000 | USD | |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2018Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
94114000 | USD |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
227114 | shares | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1327000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
98311000 | USD |
CY2017Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
0 | USD |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
0 | USD | |
CY2018Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-26000 | USD |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-26000 | USD | |
CY2018Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1176679 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1158548 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
21361739 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
12137512 | shares | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments, which potentially subject us to concentrations of credit risk, consist principally of cash equivalents and accounts receivable. We believe that the credit risk in our accounts receivable is mitigated by our credit evaluation process, relatively short collection terms, and dispersion of our customer base. We generally do not require collateral, and losses on accounts receivable have historically been within management's expectations.</font></div><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our investment policy limits investments to certain types of debt securities issued by the U.S. government and its agencies, corporations with investment-grade credit ratings, or commercial paper and money market funds issued by the highest quality financial and non-financial companies. We place restrictions on maturities and concentration by type and issuer. We are exposed to credit risk in the event of a default by the issuers of these securities to the extent recorded on the balance sheets. However, as of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 31, 2017</font><font style="font-family:inherit;font-size:10pt;">, we limited our credit risk associated with cash equivalents by placing investments with banks we believe are highly creditworthy.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts and disclosures reported in the financial statements. We use significant judgment when making estimates related to the allowance for doubtful accounts, inventory reserves and the valuations of our common stock, share-based awards, and certain of our previously outstanding preferred stock warrants. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.</font></div></div> |