2020 Q2 Form 10-Q Financial Statement
#000149523120000059 Filed on May 14, 2020
Income Statement
Concept | 2020 Q2 | 2020 Q1 | 2019 Q1 |
---|---|---|---|
Revenue | $3.050M | $4.324M | $4.794M |
YoY Change | -22.28% | -9.79% | 23.03% |
Cost Of Revenue | $1.378M | $1.988M | $2.099M |
YoY Change | -24.2% | -5.29% | -2.95% |
Gross Profit | $1.672M | $2.336M | $2.694M |
YoY Change | -20.61% | -13.3% | 55.45% |
Gross Profit Margin | 54.82% | 54.02% | 56.21% |
Selling, General & Admin | $3.149M | $3.941M | $3.970M |
YoY Change | -12.39% | -0.72% | 17.77% |
% of Gross Profit | 188.35% | 168.69% | 147.33% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $377.1K | $501.3K | $436.2K |
YoY Change | -15.84% | 14.91% | 64.33% |
% of Gross Profit | 22.55% | 21.46% | 16.19% |
Operating Expenses | $3.149M | $3.941M | $6.505M |
YoY Change | -46.26% | -39.42% | 12.17% |
Operating Profit | -$1.854M | -$6.406M | -$1.711M |
YoY Change | -4.24% | 274.3% | -10.06% |
Interest Expense | $19.48K | $6.618K | $128.5K |
YoY Change | -77.55% | -94.85% | 502.81% |
% of Operating Profit | |||
Other Income/Expense, Net | $14.36K | -$44.36K | -$119.1K |
YoY Change | -125.67% | -62.75% | -16.25% |
Pretax Income | -$1.790M | -$6.160M | -$1.830M |
YoY Change | -10.05% | 236.61% | -10.73% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$1.840M | -$6.450M | -$1.831M |
YoY Change | -7.65% | 252.37% | -10.49% |
Net Earnings / Revenue | -60.33% | -149.16% | -38.19% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$49.57K | -$177.6K | -$145.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 35.10M shares | 35.08M shares | 12.82M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2020 Q2 | 2020 Q1 | 2019 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $20.82M | $5.630M | $2.320M |
YoY Change | 123.15% | 142.67% | -15.94% |
Cash & Equivalents | $20.82M | $5.634M | $2.315M |
Short-Term Investments | |||
Other Short-Term Assets | $130.7K | $37.10K | $27.40K |
YoY Change | 0.03% | 35.41% | -30.27% |
Inventory | |||
Prepaid Expenses | $370.0K | $432.2K | $367.2K |
Receivables | $3.053M | $3.978M | $6.066M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $24.37M | $10.08M | $8.776M |
YoY Change | 71.23% | 14.87% | 29.81% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $282.1K | $317.2K | $236.1K |
YoY Change | 59.85% | 34.3% | -36.06% |
Goodwill | $4.017M | $4.017M | $8.317M |
YoY Change | -51.7% | -51.7% | 130.72% |
Intangibles | $1.007M | $1.247M | $2.827M |
YoY Change | -59.81% | -55.91% | 431.29% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $40.00K | $150.0K | $140.0K |
YoY Change | -71.43% | 7.14% | -6.67% |
Total Long-Term Assets | $6.760M | $7.202M | $13.56M |
YoY Change | -48.5% | -46.89% | 139.25% |
TOTAL ASSETS | |||
Total Short-Term Assets | $24.37M | $10.08M | $8.776M |
Total Long-Term Assets | $6.760M | $7.202M | $13.56M |
Total Assets | $31.13M | $17.28M | $22.34M |
YoY Change | 13.79% | -22.62% | 79.72% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.291M | $1.445M | $2.249M |
YoY Change | -25.76% | -35.74% | 78.42% |
Accrued Expenses | $1.288M | $1.605M | $2.557M |
YoY Change | -12.43% | -37.24% | 49.42% |
Deferred Revenue | $5.510M | $5.179M | $5.465M |
YoY Change | -5.55% | -5.24% | 67.54% |
Short-Term Debt | $0.00 | $0.00 | $1.340M |
YoY Change | -100.0% | -100.0% | 83.56% |
Long-Term Debt Due | $870.0K | $1.190M | |
YoY Change | |||
Total Short-Term Liabilities | $8.927M | $9.391M | $15.73M |
YoY Change | -33.52% | -40.28% | 89.58% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.160M | $70.00K | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | ||
YoY Change | |||
Total Long-Term Liabilities | $1.160M | $70.00K | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.927M | $9.391M | $15.73M |
Total Long-Term Liabilities | $1.160M | $70.00K | $0.00 |
Total Liabilities | $10.09M | $15.73M | |
YoY Change | -24.88% | 80.13% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$68.27M | -$66.43M | -$54.93M |
YoY Change | 19.95% | 20.96% | 11.14% |
Common Stock | $4.178K | $3.477K | $1.281K |
YoY Change | 54.23% | 171.43% | 120.1% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $21.04M | $7.826M | $6.611M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $31.13M | $17.28M | $22.34M |
YoY Change | 13.79% | -22.62% | 79.72% |
Cashflow Statement
Concept | 2020 Q2 | 2020 Q1 | 2019 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.840M | -$6.450M | -$1.831M |
YoY Change | -7.65% | 252.37% | -10.49% |
Depreciation, Depletion And Amortization | $377.1K | $501.3K | $436.2K |
YoY Change | -15.84% | 14.91% | 64.33% |
Cash From Operating Activities | -$580.0K | -$1.348M | $885.2K |
YoY Change | -44.76% | -252.32% | -179.23% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$50.00K | $0.00 | $2.383K |
YoY Change | -58.33% | -100.0% | -98.3% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $140.0K | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | $90.00K | -$51.00K | -$346.2K |
YoY Change | -181.82% | -85.27% | 33.54% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 15.68M | $1.149M | -$192.2K |
YoY Change | 91.92% | -697.82% | -183.57% |
NET CHANGE | |||
Cash From Operating Activities | -580.0K | -$1.348M | $885.2K |
Cash From Investing Activities | 90.00K | -$51.00K | -$346.2K |
Cash From Financing Activities | 15.68M | $1.149M | -$192.2K |
Net Change In Cash | 15.19M | -$250.2K | $346.8K |
YoY Change | 116.69% | -172.15% | -130.25% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$580.0K | -$1.348M | $885.2K |
Capital Expenditures | -$50.00K | $0.00 | $2.383K |
Free Cash Flow | -$530.0K | -$1.348M | $882.8K |
YoY Change | -43.01% | -252.74% | -170.21% |
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CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
4964943 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
714137 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
532389 | USD |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6211469 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6211469 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1246526 | USD |
CY2019Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
515 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD |
CY2019Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2612054 | USD |
CY2020Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2417838 | USD |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
8316722 | USD |
CY2020Q1 | us-gaap |
Goodwill
Goodwill
|
4016722 | USD |
CY2019Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2020Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
4300000 | USD |
CY2019Q1 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.15 | |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.18 | |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-369100 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1121745 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1035594 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1585843 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
655823 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
215375 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-133594 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
15135 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
2987 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
619 | USD |
CY2019Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1611516 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1246526 | USD |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
128464 | USD |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
6618 | USD |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
125194 | USD |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1368 | USD |
CY2019Q1 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
37498 | USD |
CY2020Q1 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
31250 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.095 | |
CY2019Q4 | us-gaap |
Liabilities
Liabilities
|
10226338 | USD |
CY2020Q1 | us-gaap |
Liabilities
Liabilities
|
9561391 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-192231 | USD |
CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
23944361 | USD |
CY2020Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
17274448 | USD |
CY2019Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
10180665 | USD |
CY2020Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
9495782 | USD |
CY2020Q1 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
1800000 | USD |
CY2020Q1 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
1162924 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1149188 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-346185 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-50385 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
885199 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1348991 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1830580 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6163461 | USD |
CY2019Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-119100 | USD |
CY2020Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-44362 | USD |
CY2020Q1 | us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | operating_units |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1711480 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6119099 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
399892 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
83807 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
0 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
85000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
410852 | USD |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
30256 | USD |
CY2020Q1 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
67463 | USD |
CY2019Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
153031 | USD |
CY2020Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
37097 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
9364 | USD |
CY2020Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-37744 | USD |
CY2020Q1 | us-gaap |
Payments For Operating Activities
PaymentsForOperatingActivities
|
1348991 | USD |
CY2019Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
CY2020Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
11410 | USD |
CY2019Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
2190 | USD |
CY2020Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
2326 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2383 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | USD |
CY2019Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
346789 | USD |
CY2020Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
51004 | USD |
CY2019Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2019Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2020Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2019Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
400181 | USD |
CY2020Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
423419 | USD |
CY2019Q1 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-190041 | USD |
CY2020Q1 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
1162924 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1178115 | USD |
CY2020Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1221118 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
309780 | USD |
CY2020Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
317154 | USD |
CY2019Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-29940 | USD |
CY2020Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
33305 | USD |
CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-60384769 | USD |
CY2020Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-66548230 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4793756 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4763668 | USD |
CY2019Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
151803 | USD |
CY2020Q1 | us-gaap |
Security Deposit
SecurityDeposit
|
151184 | USD |
CY2019Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1357667 | USD |
CY2020Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1523143 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
151214 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
129571 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
1076022 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
37498 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
31250 | USD |
CY2019 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
90000 | USD |
CY2020Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
59051 | USD |
CY2019Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
3500000 | USD |
CY2019Q3 | us-gaap |
Stock Repurchase Program Expiration Date
StockRepurchaseProgramExpirationDate
|
2020-12-31 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7218315 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6610763 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13718023 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7713057 | USD |
CY2019Q1 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
0 | USD |
CY2020Q1 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
0 | USD |
CY2019Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
490405 | USD |
CY2020Q1 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
270815 | USD |
CY2019Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
12575458 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34681198 | shares |
CY2020Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concentrations of credit risk with respect to accounts receivable have been typically limited because a large number of geographically diverse customers make up the Company’s customer base, thus spreading the trade credit risk. However, with the Company’s acquisition of TapInfluence, it has increased credit exposure on certain customers who carry significant credit balances related to their marketplace spend. The Company controls credit risk through credit approvals, credit limits and monitoring procedures. The Company performs credit evaluations of its customers, but generally does not require collateral to support accounts receivable. The Company had </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for </font><font style="font-family:inherit;font-size:10pt;">more than 12%</font><font style="font-family:inherit;font-size:10pt;"> of total accounts receivable at </font><font style="font-family:inherit;font-size:10pt;">March 31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> customers that accounted for an aggregate of more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of total accounts receivable at </font><font style="font-family:inherit;font-size:10pt;">December 31, 2019</font><font style="font-family:inherit;font-size:10pt;">. The Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> customers that accounted for </font><font style="font-family:inherit;font-size:10pt;">more than 10%</font><font style="font-family:inherit;font-size:10pt;"> of its revenue during the </font><font style="font-family:inherit;font-size:10pt;">three months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;">March 31, 2020</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> | |
CY2020Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of 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 at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div> |