2024 Q1 Form 10-K Financial Statement

#000138865824000014 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $131.9M $132.5M $492.7M
YoY Change 18.39% 17.67% 19.9%
Cost Of Revenue $44.41M $45.09M $160.9M
YoY Change 24.21% 32.95% 24.43%
Gross Profit $87.52M $87.43M $331.8M
YoY Change 15.64% 11.08% 17.82%
Gross Profit Margin 66.34% 65.98% 67.35%
Selling, General & Admin $108.7M $98.34M $385.6M
YoY Change 8.29% 13.39% 19.69%
% of Gross Profit 124.16% 112.49% 116.23%
Research & Development $16.99M $15.42M $60.24M
YoY Change 14.5% 21.63% 29.25%
% of Gross Profit 19.42% 17.63% 18.16%
Depreciation & Amortization $5.100M $4.918M $16.30M
YoY Change 41.67% 41.53% 21.64%
% of Gross Profit 5.83% 5.63% 4.91%
Operating Expenses $125.7M $113.8M $457.0M
YoY Change 9.09% 14.44% 15.57%
Operating Profit -$38.14M -$26.33M -$125.2M
YoY Change -3.46% 27.22% 10.0%
Interest Expense $2.860M -$941.0K $3.650M
YoY Change 201.05% -7.11% -11.79%
% of Operating Profit
Other Income/Expense, Net $2.952M $1.679M $6.155M
YoY Change 106.15% 5.86% 202.31%
Pretax Income -$45.64M -$38.44M -$122.7M
YoY Change 16.95% 91.03% 5.84%
Income Tax $32.00K $255.0K $750.0K
% Of Pretax Income
Net Earnings -$45.67M -$38.70M -$123.4M
YoY Change 16.77% 91.6% 6.24%
Net Earnings / Revenue -34.61% -29.2% -25.05%
Basic Earnings Per Share -$1.47 -$4.04
Diluted Earnings Per Share -$1.47 -$1.26 -$4.04
COMMON SHARES
Basic Shares Outstanding 30.98M shares 30.65M shares 30.53M shares
Diluted Shares Outstanding 31.03M shares 30.53M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $569.1M $133.8M $133.8M
YoY Change 222.73% -37.24% -37.24%
Cash & Equivalents $520.4M $36.17M $36.17M
Short-Term Investments $48.67M $97.59M $97.59M
Other Short-Term Assets $13.78M $21.59M $21.59M
YoY Change 18.69% 104.56% 104.56%
Inventory $14.87M $13.97M $13.97M
Prepaid Expenses
Receivables $89.71M $61.48M $61.48M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $687.5M $230.8M $230.8M
YoY Change 170.77% -20.07% -20.07%
LONG-TERM ASSETS
Property, Plant & Equipment $112.3M $104.1M $153.4M
YoY Change 36.57% 37.59% 12.54%
Goodwill $862.0K $862.0K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $3.000M
YoY Change
Other Assets $52.73M $48.04M $48.04M
YoY Change 107.28% 115.89% 115.89%
Total Long-Term Assets $222.3M $202.3M $202.3M
YoY Change 32.47% 26.89% 26.89%
TOTAL ASSETS
Total Short-Term Assets $687.5M $230.8M $230.8M
Total Long-Term Assets $222.3M $202.3M $202.3M
Total Assets $909.8M $433.1M $433.1M
YoY Change 115.73% -3.36% -3.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.440M $5.543M $5.543M
YoY Change -13.68% -26.26% -26.26%
Accrued Expenses $70.04M $83.36M $98.52M
YoY Change 28.27% 27.28% 25.46%
Deferred Revenue $3.100M $3.300M
YoY Change -11.07% 8.16%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $96.84M $107.4M $107.4M
YoY Change 18.24% 20.51% 20.51%
LONG-TERM LIABILITIES
Long-Term Debt $644.1M $34.95M $34.95M
YoY Change 1743.43% 0.04% 0.04%
Other Long-Term Liabilities $908.0K $1.012M $80.73M
YoY Change -10.37% -22.57% -4.33%
Total Long-Term Liabilities $908.0K $35.96M $115.7M
YoY Change -97.47% -0.77% -3.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $96.84M $107.4M $107.4M
Total Long-Term Liabilities $908.0K $35.96M $115.7M
Total Liabilities $819.5M $223.0M $223.0M
YoY Change 310.01% 7.02% 7.02%
SHAREHOLDERS EQUITY
Retained Earnings -$691.3M -$645.6M
YoY Change 23.15% 23.63%
Common Stock $806.7M $855.8M
YoY Change 2.99% 12.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $90.29M $210.1M $210.1M
YoY Change
Total Liabilities & Shareholders Equity $909.8M $433.1M $433.1M
YoY Change 115.73% -3.36% -3.36%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$45.67M -$38.70M -$123.4M
YoY Change 16.77% 91.6% 6.24%
Depreciation, Depletion And Amortization $5.100M $4.918M $16.30M
YoY Change 41.67% 41.53% 21.64%
Cash From Operating Activities -$52.03M -$15.97M -$50.10M
YoY Change 69.18% -227.0% 117.72%
INVESTING ACTIVITIES
Capital Expenditures $9.776M $13.51M $40.42M
YoY Change 16.06% 90.53% 35.51%
Acquisitions
YoY Change
Other Investing Activities $49.77M $14.92M $39.22M
YoY Change 306.55% -1560.82% -273.49%
Cash From Investing Activities $40.00M $1.401M -$1.209M
YoY Change 947.07% -117.27% -97.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities $504.6M 3.470M $8.820M
YoY Change 55661.44% 10.23% -66.99%
NET CHANGE
Cash From Operating Activities -$52.03M -15.97M -$50.10M
Cash From Investing Activities $40.00M 1.401M -$1.209M
Cash From Financing Activities $504.6M 3.470M $8.820M
Net Change In Cash $492.6M -11.10M -$42.66M
YoY Change -1992.6% -245.86% -12.46%
FREE CASH FLOW
Cash From Operating Activities -$52.03M -$15.97M -$50.10M
Capital Expenditures $9.776M $13.51M $40.42M
Free Cash Flow -$61.81M -$29.48M -$90.53M
YoY Change 57.76% -637.75% 71.31%

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CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
279515000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
63604000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-116155000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-335000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
239812000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
8820000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
84587000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-123406000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
453000 usd
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-169000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
210097000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-123406000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-116155000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-101361000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16348000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13405000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9842000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
77204000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
57740000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
54527000 usd
CY2023 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
5040000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
474000 usd
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1641000 usd
CY2023 irtc Provision For Bad Debt And Contractual Allowance
ProvisionForBadDebtAndContractualAllowance
69628000 usd
CY2022 irtc Provision For Bad Debt And Contractual Allowance
ProvisionForBadDebtAndContractualAllowance
58349000 usd
CY2021 irtc Provision For Bad Debt And Contractual Allowance
ProvisionForBadDebtAndContractualAllowance
37074000 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
5796000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
6204000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
6752000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
11078000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
23164000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
337000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
264000 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
81193000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
61837000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
53572000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-979000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5108000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4960000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
11036000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
862000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2329000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
22787000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
6200000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1831000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1973000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2993000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6135000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
19298000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
14473000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7946000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
255000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2119000 usd
CY2023 irtc Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-5589000 usd
CY2022 irtc Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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CY2021 irtc Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
264000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-50101000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-23012000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-37753000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
40424000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29830000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28067000 usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
164285000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
188569000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
122184000 usd
CY2023 irtc Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
0 usd
CY2022 irtc Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
34965000 usd
CY2021 irtc Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
0 usd
CY2023 irtc Proceeds From Maturities Prepayments And Calls Of Marketable Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfMarketableSecurities
206500000 usd
CY2022 irtc Proceeds From Maturities Prepayments And Calls Of Marketable Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfMarketableSecurities
131000000 usd
CY2021 irtc Proceeds From Maturities Prepayments And Calls Of Marketable Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfMarketableSecurities
255515000 usd
CY2023 irtc Payments To Acquire Strategic Investments
PaymentsToAcquireStrategicInvestments
3000000 usd
CY2022 irtc Payments To Acquire Strategic Investments
PaymentsToAcquireStrategicInvestments
0 usd
CY2021 irtc Payments To Acquire Strategic Investments
PaymentsToAcquireStrategicInvestments
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1209000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-52434000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
105264000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
21389000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11667000 usd
CY2023 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
35000000 usd
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
CY2023 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
8820000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
13182000 usd
CY2021 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
8943000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
25853000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
77000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8820000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
26716000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-28577000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-169000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-42659000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-48730000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
38934000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
78832000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127562000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88628000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36173000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
78832000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127562000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
2960000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
3317000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1194000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1130000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
287000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2023 us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
-1603000 usd
CY2022 us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
-3279000 usd
CY2021 us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
-3263000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1888000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
160000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4403000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7686000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6625000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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7383000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5863000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3593000 usd
CY2023 irtc Increase Decrease To Proposed National Payment Rates
IncreaseDecreaseToProposedNationalPaymentRates
-0.05
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the years presented. On an ongoing basis, management evaluates its estimates, including those related to revenue recognition, contractual allowances, allowance for doubtful accounts, the useful lives of property and equipment, the recoverability of long-lived assets including the estimated usage of the printed circuit board assemblies (“PCBAs”), the incremental borrowing rate for operating leases, accounting for income taxes, impairment of ROU assets, and various inputs used in estimating stock-based compensation. Actual results may differ from those estimates.</span></div>
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 operating_segment
CY2023 irtc Impairment Charges Unrealized Losses On Short Term Investments
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0 usd
CY2021 irtc Impairment Charges Unrealized Losses On Short Term Investments
ImpairmentChargesUnrealizedLossesOnShortTermInvestments
0 usd
CY2022 irtc Impairment Charges Unrealized Losses On Short Term Investments
ImpairmentChargesUnrealizedLossesOnShortTermInvestments
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
18475000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
14012000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
12711000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
17105000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
17191000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
9615000 usd
CY2023 irtc Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries And Other Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveriesAndOtherAdjustments
15291000 usd
CY2022 irtc Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries And Other Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveriesAndOtherAdjustments
12728000 usd
CY2021 irtc Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries And Other Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveriesAndOtherAdjustments
8314000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
20289000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
18475000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
14012000 usd
CY2022Q4 irtc Accounts Receivable For Contractual Allowance
AccountsReceivableForContractualAllowance
41389000 usd
CY2021Q4 irtc Accounts Receivable For Contractual Allowance
AccountsReceivableForContractualAllowance
31274000 usd
CY2020Q4 irtc Accounts Receivable For Contractual Allowance
AccountsReceivableForContractualAllowance
21281000 usd
CY2023 irtc Accounts Receivable Allowance For Contractual Adjustments
AccountsReceivableAllowanceForContractualAdjustments
52523000 usd
CY2022 irtc Accounts Receivable Allowance For Contractual Adjustments
AccountsReceivableAllowanceForContractualAdjustments
41158000 usd
CY2021 irtc Accounts Receivable Allowance For Contractual Adjustments
AccountsReceivableAllowanceForContractualAdjustments
27459000 usd
CY2023 irtc Accounts Receivable Contractual Adjustments
AccountsReceivableContractualAdjustments
41223000 usd
CY2022 irtc Accounts Receivable Contractual Adjustments
AccountsReceivableContractualAdjustments
31043000 usd
CY2021 irtc Accounts Receivable Contractual Adjustments
AccountsReceivableContractualAdjustments
17466000 usd
CY2023Q4 irtc Accounts Receivable For Contractual Allowance
AccountsReceivableForContractualAllowance
52689000 usd
CY2022Q4 irtc Accounts Receivable For Contractual Allowance
AccountsReceivableForContractualAllowance
41389000 usd
CY2021Q4 irtc Accounts Receivable For Contractual Allowance
AccountsReceivableForContractualAllowance
31274000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Risk</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Credit Risk</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents, investments and accounts receivable. Cash balances are deposited in financial institutions which, at times, may be in excess of federally insured limits. Cash equivalents are invested in highly rated money market funds. The Company invests in a variety of financial instruments, such as, but not limited to, U.S. government securities, corporate notes, commercial paper and, by policy, limits the amount of credit exposure with any one financial institution or commercial issuer. The Company has not experienced any material losses on its deposits of cash and cash equivalents or investments.</span></div>Concentrations of credit risk with respect to accounts receivable are limited due to the large number of customers comprising the Company’s customer base and their dispersion across many geographies. The Company does not require collateral. The Company records an allowance for doubtful accounts based on the assessment of the collectability of customer accounts, considering factors such as historical experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer’s ability to pay.
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2023 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
11100000 usd
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
23200000 usd
CY2023Q4 irtc Number Of Zio System Options
NumberOfZioSystemOptions
3 system_option
CY2023Q4 irtc Number Of Performance Obligations
NumberOfPerformanceObligations
2 performanceobligation
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
492681000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
410921000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
322825000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3000000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3000000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3300000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3100000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
110128000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
59000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
110185000 usd
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
12594000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
97591000 usd
CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
110185000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
158972000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
12000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
409000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
158575000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
24263000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Current
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134312000 usd
CY2022Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
158575000 usd
CY2023 irtc Available For Sale Debt Securities Maturity Period
AvailableForSaleDebtSecuritiesMaturityPeriod
P80D
CY2023 irtc Assets Purchase Accounting Adjustments Other Assets Pcb As
AssetsPurchaseAccountingAdjustmentsOtherAssetsPCBAs
20400000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
154617000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
110886000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
50503000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
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104114000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
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16300000 usd
CY2023 us-gaap Capitalized Computer Software Additions
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32700000 usd
CY2023Q4 us-gaap Accrued Salaries Current
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47656000 usd
CY2022Q4 us-gaap Accrued Salaries Current
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34752000 usd
CY2023Q4 us-gaap Accrued Vacation Current
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8608000 usd
CY2022Q4 us-gaap Accrued Vacation Current
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8608000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
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3715000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
7234000 usd
CY2023Q4 irtc Accrued Expenses Current
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14891000 usd
CY2022Q4 irtc Accrued Expenses Current
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7006000 usd
CY2023Q4 irtc Claims Payable Current
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4578000 usd
CY2022Q4 irtc Claims Payable Current
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4464000 usd
CY2023Q4 irtc Accrued State Local And Foreign Taxes
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2877000 usd
CY2022Q4 irtc Accrued State Local And Foreign Taxes
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2388000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
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83362000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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65497000 usd
CY2023Q4 irtc Accrued Payroll And Expenses Related To Globalization Current
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2400000 usd
CY2023 us-gaap Restructuring Charges
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0 usd
CY2022 us-gaap Restructuring Charges
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3444000 usd
CY2023 us-gaap Asset Impairment Charges
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11078000 usd
CY2022 us-gaap Asset Impairment Charges
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23164000 usd
CY2022 us-gaap Restructuring Costs And Asset Impairment Charges
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26608000 usd
CY2022Q1 irtc Number Of Floors Subleased
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1 floor
CY2022Q1 irtc Lessee Operating Sublease Lease Percentage
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0.50
CY2022 us-gaap Asset Impairment Charges
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23200000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
11100000 usd
CY2023 us-gaap Asset Impairment Charges
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11078000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
23164000 usd
CY2023Q3 irtc Number Of Lease Facility Years
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P7Y
CY2023Q3 irtc Number Of Lease Option To Extend Periods
NumberOfLeaseOptionToExtendPeriods
1 leaseoption
CY2023Q3 irtc Lease Operating Lease Option To Extend Initial Term
LeaseOperatingLeaseOptionToExtendInitialTerm
P5Y
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4600000 usd
CY2023Q3 irtc Number Of Lease Facility Years
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P5Y
CY2023Q3 irtc Number Of Lease Option To Extend Periods
NumberOfLeaseOptionToExtendPeriods
2 lease_period
CY2023Q3 irtc Lease Operating Lease Option To Extend Initial Term
LeaseOperatingLeaseOptionToExtendInitialTerm
P5Y
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
14407000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
15634000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
16096000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
16493000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
16384000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
47032000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
126046000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
31172000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
94874000 usd
CY2023 us-gaap Operating Lease Cost
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12861000 usd
CY2022 us-gaap Operating Lease Cost
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13524000 usd
CY2021 us-gaap Operating Lease Cost
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13500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P7Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P8Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P9Y7M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.073
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.073
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.073
CY2023Q4 irtc Collaboration Agreement Additional Milestone Payments Between2022 And Early2023
CollaborationAgreementAdditionalMilestonePaymentsBetween2022AndEarly2023
1750000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
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1800000 usd
CY2023 us-gaap Interest Expense Debt
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3400000 usd
CY2022 us-gaap Interest Expense Debt
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2100000 usd
CY2021 us-gaap Interest Expense Debt
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1200000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-122974000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-116600000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-101459000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
318000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
714000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
465000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-122656000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-115886000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-100994000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
401000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
160000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
223000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
349000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
111000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
150000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
750000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
271000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
373000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-6000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
750000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
269000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
367000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-24323000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-21198000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
371000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
160000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
223000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-820000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-7049000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
361000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
348000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
182000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
5217000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2498000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4856000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
823000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
526000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-347000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
2160000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
2695000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
381000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
37000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-40000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
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CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
22679000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
27287000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
24111000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
750000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
269000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
367000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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127503000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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111236000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
16401000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
29455000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
10801000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
11942000 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
18849000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
15997000 usd
CY2023Q4 irtc Deferred Tax Assets Valuation Allowances And Other
DeferredTaxAssetsValuationAllowancesAndOther
31952000 usd
CY2022Q4 irtc Deferred Tax Assets Valuation Allowances And Other
DeferredTaxAssetsValuationAllowancesAndOther
19399000 usd
CY2023Q4 irtc Deferred Tax Assets Lease Obligations
DeferredTaxAssetsLeaseObligations
23817000 usd
CY2022Q4 irtc Deferred Tax Assets Lease Obligations
DeferredTaxAssetsLeaseObligations
24232000 usd
CY2023Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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519000 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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CY2023Q4 us-gaap Deferred Tax Assets Gross
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229842000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
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212261000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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217779000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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188070000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
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12063000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
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24191000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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9402000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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12005000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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14731000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
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12005000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
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24133000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
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58000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
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58000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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29700000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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33300000 usd
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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30900000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023 irtc Valuation Allowance Deferred Tax Asset Additions
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CY2023 irtc Valuation Allowance Deferred Tax Asset Deductions
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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154734000 usd
CY2022 irtc Valuation Allowance Deferred Tax Asset Additions
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021 irtc Valuation Allowance Deferred Tax Asset Additions
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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338800000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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4732000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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3310000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
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2302000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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1080000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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996000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
426000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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236000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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38000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2023Q4 us-gaap Unrecognized Tax Benefits
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5774000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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4732000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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3310000 usd
CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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0 usd
CY2023Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
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100000000 shares
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CY2023Q4 us-gaap Preferred Stock Shares Authorized
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5000000 shares
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CY2023 us-gaap Dividends Common Stock
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CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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9510000 shares
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2023 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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0.50
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5600000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
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5100000 usd
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3300000 usd
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900000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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504000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
40.97
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y2M12D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
38675000 usd
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
175000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
36.82
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
83.15
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
328000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
43.00
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y5M4D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
16635000 usd
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
21000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
52.56
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
307000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
42.34
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y3M14D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
19859000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
307000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
42.34
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y3M14D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
19859000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
307000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
42.34
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y3M14D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
19859000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
100000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2400000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2800000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
77204000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
57740000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
54527000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-123406000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-116155000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-101361000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30528000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30528000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29916000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29916000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29331000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29331000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.04
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.04
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.88
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.88
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.46
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.46
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2745000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2354000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2154000 shares
CY2023 dei Auditor Firm
AuditorFirmId
238

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