2022 Q3 Form 10-K Financial Statement

#000156459022031398 Filed on September 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022
Revenue $79.54M $75.52M $272.1M
YoY Change 27.9% 23.29% 26.76%
Cost Of Revenue $25.33M $27.15M $99.08M
YoY Change 13.22% 33.48% 33.22%
Gross Profit $54.20M $48.37M $173.0M
YoY Change 36.14% 18.22% 23.33%
Gross Profit Margin 68.15% 64.04% 63.58%
Selling, General & Admin $51.72M $51.57M $198.0M
YoY Change 11.29% 39.98% 76.24%
% of Gross Profit 95.42% 106.61% 114.48%
Research & Development $19.68M $19.63M $74.41M
YoY Change 15.96% 43.11% 46.33%
% of Gross Profit 36.31% 40.59% 43.02%
Depreciation & Amortization $4.116M $4.232M $16.74M
YoY Change 1.58% 22.49% 25.27%
% of Gross Profit 7.59% 8.75% 9.68%
Operating Expenses $73.35M $71.20M $272.4M
YoY Change 15.61% 40.83% 66.92%
Operating Profit -$19.15M -$22.83M -$99.46M
YoY Change -18.98% 136.78% 333.17%
Interest Expense $39.00K -$38.00K $274.0K
YoY Change -75.47% -99.38% -101.11%
% of Operating Profit
Other Income/Expense, Net -$684.0K -$1.164M -$976.0K
YoY Change -177.82% 2739.02% -176.49%
Pretax Income -$19.87M -$24.03M -$103.1M
YoY Change -21.52% 52.42% 122.74%
Income Tax $185.0K -$2.445M -$3.435M
% Of Pretax Income
Net Earnings -$20.05M -$21.59M -$99.68M
YoY Change -20.2% 35.68% 113.15%
Net Earnings / Revenue -25.21% -28.58% -36.64%
Basic Earnings Per Share -$0.32 -$1.63
Diluted Earnings Per Share -$0.32 -$346.6K -$1.63
COMMON SHARES
Basic Shares Outstanding 62.96M 62.22M 61.27M
Diluted Shares Outstanding 62.86M 61.27M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.33M $50.78M $50.78M
YoY Change -26.6% 34.93% 34.93%
Cash & Equivalents $40.33M $50.78M $50.78M
Short-Term Investments
Other Short-Term Assets $23.06M $19.70M $19.70M
YoY Change 16.19% -1.35% -1.35%
Inventory
Prepaid Expenses $9.062M $5.984M
Receivables $52.56M $66.95M $73.71M
Other Receivables $1.050M $3.199M $3.199M
Total Short-Term Assets $126.0M $147.4M $147.4M
YoY Change 10.42% 29.43% 29.43%
LONG-TERM ASSETS
Property, Plant & Equipment $14.05M $12.28M $12.28M
YoY Change 30.43% 15.07% 15.07%
Goodwill $269.2M $269.1M
YoY Change 2.75% 2.61%
Intangibles $45.35M $48.43M
YoY Change -7.53% -7.49%
Long-Term Investments
YoY Change
Other Assets $2.540M $2.451M $17.21M
YoY Change -78.97% -76.07% -16.71%
Total Long-Term Assets $363.3M $347.0M $347.0M
YoY Change 8.82% 0.31% 0.31%
TOTAL ASSETS
Total Short-Term Assets $126.0M $147.4M $147.4M
Total Long-Term Assets $363.3M $347.0M $347.0M
Total Assets $489.3M $494.4M $494.4M
YoY Change 9.22% 7.52% 7.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.539M $4.220M $4.220M
YoY Change -10.07% 91.99% 91.99%
Accrued Expenses $7.599M $8.774M $48.78M
YoY Change -72.69% -11.85% 24.53%
Deferred Revenue $151.3M $142.8M
YoY Change 32.32%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $211.6M $223.5M $223.5M
YoY Change 23.98% 30.04% 30.04%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $7.565M $10.20M $12.91M
YoY Change 18.3% -43.86% -35.69%
Total Long-Term Liabilities $7.565M $10.20M $12.91M
YoY Change 18.3% -43.86% -95.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $211.6M $223.5M $223.5M
Total Long-Term Liabilities $7.565M $10.20M $12.91M
Total Liabilities $238.9M $238.5M $238.5M
YoY Change 30.85% -49.6% -49.6%
SHAREHOLDERS EQUITY
Retained Earnings -$405.8M -$385.7M
YoY Change 34.85%
Common Stock $63.00K $63.00K
YoY Change 117.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $250.4M $255.9M $255.9M
YoY Change
Total Liabilities & Shareholders Equity $489.3M $494.4M $494.4M
YoY Change 9.22% 7.52% 7.52%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022
OPERATING ACTIVITIES
Net Income -$20.05M -$21.59M -$99.68M
YoY Change -20.2% 35.68% 113.15%
Depreciation, Depletion And Amortization $4.116M $4.232M $16.74M
YoY Change 1.58% 22.49% 25.27%
Cash From Operating Activities $3.215M $9.666M $14.24M
YoY Change -30.85% -225.99% -246.03%
INVESTING ACTIVITIES
Capital Expenditures $1.668M -$1.454M $554.0K
YoY Change 5112.5% 50.83% -111.08%
Acquisitions $2.500M
YoY Change
Other Investing Activities -$2.500M -$2.500M
YoY Change -87.87% -87.87%
Cash From Investing Activities -$2.934M -$3.954M -$7.287M
YoY Change 239.98% -81.67% -71.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.771M 3.294M 6.647M
YoY Change -171.69% -221.01% -79.49%
NET CHANGE
Cash From Operating Activities 3.215M 9.666M 14.24M
Cash From Investing Activities -2.934M -3.954M -7.287M
Cash From Financing Activities -9.771M 3.294M 6.647M
Net Change In Cash -10.46M 9.006M 12.85M
YoY Change -160.8% -128.18% -535.67%
FREE CASH FLOW
Cash From Operating Activities $3.215M $9.666M $14.24M
Capital Expenditures $1.668M -$1.454M $554.0K
Free Cash Flow $1.547M $11.12M $13.68M
YoY Change -66.49% -265.77% -388.04%

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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 inta Repurchase Of Shares And Fully Vested Option
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 inta Convertible Preferred Stock Converted To Common Stock Upon Initial Public Offering
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CY2021 inta Acquisition Holdbacks In Other Liabilities
AcquisitionHoldbacksInOtherLiabilities
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CY2022 inta Fair Value Of Contingent Considerations In Accrued And Other Liabilities
FairValueOfContingentConsiderationsInAccruedAndOtherLiabilities
4126000
CY2021 inta Fair Value Of Contingent Considerations In Accrued And Other Liabilities
FairValueOfContingentConsiderationsInAccruedAndOtherLiabilities
23502000
CY2022 inta Non Cash Or Part Noncash Acquisition Cash Paid
NonCashOrPartNoncashAcquisitionCashPaid
2500000
CY2021 inta Non Cash Or Part Noncash Acquisition Cash Paid
NonCashOrPartNoncashAcquisitionCashPaid
21925000
CY2021 inta Non Cash Or Part Noncash Acquisition Cash Acquired
NonCashOrPartNoncashAcquisitionCashAcquired
1320000
CY2022 inta Non Cash Or Part Noncash Acquisition Consideration
NonCashOrPartNoncashAcquisitionConsideration
2500000
CY2021 inta Non Cash Or Part Noncash Acquisition Consideration
NonCashOrPartNoncashAcquisitionConsideration
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CY2022 us-gaap Nature Of Operations
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<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 1. Description of Business </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Intapp, Inc. (“Intapp” or the “Company”), formerly known as LegalApp Holdings, Inc., was incorporated in Delaware on November 27, 2012 to facilitate the acquisition of Integration Appliance, Inc. which became a wholly owned subsidiary of Intapp, Inc. on December 21, 2012. LegalApp Holdings, Inc. changed its name to Intapp, Inc. in February 2021. Intapp has no significant assets or operations other than the ownership of Integration Appliance, Inc. </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is a leading provider of industry-specific, cloud-based software solutions for the global professional and financial services industry. The Company empowers private capital, investment banking, legal, accounting, and consulting firms with the technology they need to meet rapidly changing client, investor, and regulatory requirements, deliver the right insights to the right professionals, replace legacy systems, and operate more competitively. The Company serves clients primarily in the United States, United Kingdom and Australian markets. References to “the Company,” “us,” “we,” or “our” in these consolidated financial statements refer to the consolidated operations of Intapp and its consolidated subsidiaries. </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:8pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Initial Public Offering</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On July 2, 2021, the Company completed its Initial Public Offering (“IPO”), in which it sold 10,500,000 shares of common stock at a public offering price of $26.00 per share for net proceeds of $244.8 million after deducting underwriting discounts of $18.4 million and offering costs of $9.8 million. Upon the closing of the IPO, all outstanding shares of Series A and Series A-1 convertible preferred stock automatically converted into 19,034,437 shares of common stock on a one-for-one basis. </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On July 8, 2021, the underwriters of the Company’s IPO exercised in full their right to purchase an additional 1,575,000 shares of common stock at the public offering price of $26.00 per share, resulting in additional net proceeds of $38.2 million after deducting underwriting discounts of $2.8 million.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Prior to the IPO, deferred offering costs, which primarily consist of direct incremental legal and accounting fees relating to the IPO, were capitalized and recorded in other assets on the consolidated balance sheet as of June 30, 2021. Upon the consummation of the IPO, these costs were reclassified into additional paid-in capital as a reduction of the net proceeds received from the IPO. </p>
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.38
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of the accompanying consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and accompanying notes. Those estimates and assumptions include, but are not limited to, revenue recognition including determination of the standalone selling price (“SSP”) of the deliverables included in multiple deliverable revenue arrangements; allowance for doubtful accounts; the depreciable lives of long-lived assets including intangible assets; the expected useful life of deferred commissions; the fair value of stock-based awards; the fair value of assets acquired and liabilities assumed in business combinations; goodwill and long-lived assets impairment assessment; the fair value of contingent consideration liabilities; valuation allowances on deferred tax assets; uncertain tax positions; and loss contingencies. The Company evaluates estimates and assumptions on an ongoing basis using historical experience and other factors including those resulting from the impacts of the COVID-19 pandemic and adjusts those estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ from these estimates, and those differences could be material to the consolidated financial statements. </p>
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
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PropertyPlantAndEquipmentNet
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CY2022 us-gaap Depreciation
Depreciation
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.34
CY2021 us-gaap Depreciation
Depreciation
1300000
CY2020 us-gaap Depreciation
Depreciation
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CapitalizedComputerSoftwareAdditions
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CY2021 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2500000
CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2500000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
1300000
CY2022 inta Stock Based Compensation Recognized On Straight Line Basis Over Period
StockBasedCompensationRecognizedOnStraightLineBasisOverPeriod
P4Y
CY2022 inta Share Based Compensation Arrangement By Share Based Payment Award Unvested Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardUnvestedCompensationCost
0
CY2021Q2 us-gaap Contract With Customer Liability
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16965000
CY2020Q2 us-gaap Contract With Customer Liability
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13077000
CY2022 inta Contract With Customer Liability Additions
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16929000
CY2021 inta Contract With Customer Liability Additions
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9862000
CY2022Q2 inta Unbilled Receivables Current And Noncurrent
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6922000
CY2021Q2 inta Unbilled Receivables Current And Noncurrent
UnbilledReceivablesCurrentAndNoncurrent
6925000
CY2022 inta Capitalized Internal Use Software Estimated Useful Life
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P4Y
CY2022 us-gaap Number Of Reporting Units
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1
CY2022Q2 us-gaap Acquired Finite Lived Intangible Asset Residual Value
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0
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
24942000
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
16965000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-9721000
CY2022Q2 us-gaap Deferred Revenue
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145480000
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2880000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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5.45
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
318000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
9.25
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14685000
CY2021Q2 us-gaap Deferred Revenue
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109801000
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159000
CY2021Q2 inta Unbilled Receivables Noncurrent
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85000
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022 us-gaap Deferred Revenue Revenue Recognized1
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108200000
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
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349700000
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
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0.54
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P12M
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Concentrations of Credit Risk and Significant Clients </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash and accounts receivable. The Company maintains its cash with high quality financial institutions. The Company is exposed to credit risk for cash held in financial institutions in the event of a default to the extent that such amounts recorded on the balance sheet are in excess of amounts that are insured by the Federal Deposit Insurance Corporation (“FDIC”). </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">No client individually accounted for 10% or more of the Company’s revenues for the fiscal years ended June 30, 2022, 2021 and 2020. As of June 30, 2022 and 2021, one client individually accounted for 20% and 25% of the Company’s total accounts receivable, respectively. </p>
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
272071000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
186852000
CY2021Q2 us-gaap Goodwill
Goodwill
262270000
CY2020Q2 us-gaap Goodwill
Goodwill
227992000
CY2022 us-gaap Goodwill Acquired During Period
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7974000
CY2021 us-gaap Goodwill Acquired During Period
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33230000
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
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-1141000
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1048000
CY2022Q2 us-gaap Goodwill
Goodwill
269103000
CY2021Q2 us-gaap Goodwill
Goodwill
262270000
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
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114231000
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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65801000
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
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48430000
CY2021Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
104631000
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
52282000
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
52349000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.11
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
262762000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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104000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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32.22
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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6.52
CY2022 us-gaap Amortization Of Intangible Assets
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13519000
CY2021 us-gaap Amortization Of Intangible Assets
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10870000
CY2020 us-gaap Amortization Of Intangible Assets
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11339000
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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1900000
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1200000
CY2020 us-gaap Capitalized Computer Software Amortization1
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600000
CY2022Q2 inta Net Book Value Of Capitalized Software Development Costs
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7300000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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10598000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9104000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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6451000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4271000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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4245000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
9078000
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
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43747000
CY2022 inta Fair Value Measurement Payment Of Contingent Consideration
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10700000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
451000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
14.95
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12773000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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10.56
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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65284000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
9650000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
8.72
CY2022Q2 us-gaap Property Plant And Equipment Gross
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19797000
CY2021Q2 us-gaap Property Plant And Equipment Gross
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16200000
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7514000
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5526000
CY2022Q2 us-gaap Property Plant And Equipment Net
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12283000
CY2021Q2 inta Net Book Value Of Capitalized Software Development Costs
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5000000.0
CY2022 inta Lessee Operating Lease Expiration Year
LesseeOperatingLeaseExpirationYear
2030
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
9000000.0
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
8400000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
7800000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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7882000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3625000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3311000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3359000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2721000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
9379000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
30277000
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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60390000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
12773000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
10.56
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
65284000
CY2022Q2 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
7688000
CY2022Q2 us-gaap Purchase Obligation Due In Second Year
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8630000
CY2022Q2 us-gaap Purchase Obligation Due In Third Year
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2169000
CY2022Q2 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
1525000
CY2022Q2 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
1622000
CY2022Q2 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
1082000
CY2022Q2 us-gaap Purchase Obligation
PurchaseObligation
22716000
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
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-2400000
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
0
CY2022Q2 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
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800000
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
700000000
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
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0.001
CY2021Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2021Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022 us-gaap Convertible Preferred Stock Terms Of Conversion
ConvertiblePreferredStockTermsOfConversion
all outstanding shares of Series A and Series A-1 convertible preferred stock were automatically converted into 19,034,437 shares of the Company’s common stock on a one-for-one basis.
CY2021Q3 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
19034437
CY2021Q3 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
1
CY2022Q2 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
0
CY2021Q2 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
19034000
CY2022Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
20563000
CY2021Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
41966000
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11228000
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.84
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
42108000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
6655000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
15.24
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
77500000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
18100000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
3300000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
500000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
800000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
77514000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18566000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4139000
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
93300000
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y3M18D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.009
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.01
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.02
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.40
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-104391000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-48063000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-47645000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1278000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1771000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2083000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-103113000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-46292000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-45562000
CY2022 us-gaap Current Federal Tax Expense Benefit
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-48000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
11000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2022 us-gaap Current State And Local Tax Expense Benefit
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278000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
117000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
18000
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
572000
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
799000
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
629000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
802000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
927000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
647000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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137000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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0
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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131000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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17000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-455000
CY2020 us-gaap Deferred Income Tax Expense Benefit
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-294000
CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
472000
CY2020 us-gaap Income Tax Expense Benefit
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353000
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-9568000
CY2022 inta Income Tax Reconciliation State Tax Net Of Federal Benefit
IncomeTaxReconciliationStateTaxNetOfFederalBenefit
140000
CY2021 inta Income Tax Reconciliation State Tax Net Of Federal Benefit
IncomeTaxReconciliationStateTaxNetOfFederalBenefit
329000
CY2020 inta Income Tax Reconciliation State Tax Net Of Federal Benefit
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30000
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
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-1019000
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
358000
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1098000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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6828000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
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