2022 Q3 Form 10-Q Financial Statement

#000142545022000093 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $34.95M $32.93M $23.42M
YoY Change 39.36% 23.35% 9.11%
Cost Of Revenue $9.061M $7.947M $4.851M
YoY Change 38.87% 27.11% -5.57%
Gross Profit $25.89M $24.98M $18.57M
YoY Change 39.53% 22.2% 13.73%
Gross Profit Margin 74.07% 75.87% 79.28%
Selling, General & Admin $27.04M $26.98M $22.93M
YoY Change 29.38% 22.82% 9.22%
% of Gross Profit 104.43% 107.99% 123.48%
Research & Development $2.206M $1.747M $2.027M
YoY Change 69.43% 31.85% 54.97%
% of Gross Profit 8.52% 6.99% 10.92%
Depreciation & Amortization $3.287M $3.331M $2.961M
YoY Change 20.71% 27.77% 16.62%
% of Gross Profit 12.7% 13.33% 15.95%
Operating Expenses $32.85M $28.72M $24.95M
YoY Change 47.99% 23.34% 11.9%
Operating Profit -$6.961M -$3.743M -$6.386M
YoY Change 91.03% 31.52% 6.91%
Interest Expense $22.30M $3.798M -$3.136M
YoY Change 2411.49% -341.76% -35.74%
% of Operating Profit
Other Income/Expense, Net $21.36M $2.971M -$3.031M
YoY Change 1749.09% -348.41% -35.76%
Pretax Income $14.40M -$772.0K -$9.417M
YoY Change -678.38% -80.9% -11.92%
Income Tax -$4.143M -$439.0K -$317.0K
% Of Pretax Income -28.78%
Net Earnings $18.54M -$333.0K -$9.100M
YoY Change -943.83% -91.13% -12.32%
Net Earnings / Revenue 53.04% -1.01% -38.86%
Basic Earnings Per Share $0.88 -$0.02 -$0.47
Diluted Earnings Per Share $0.87 -$0.02 -$0.47
COMMON SHARES
Basic Shares Outstanding 20.28M shares 19.79M shares 19.37M shares
Diluted Shares Outstanding 21.30M shares 19.79M shares 19.37M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $120.1M $51.16M $45.03M
YoY Change 108.26% -22.31% -41.22%
Cash & Equivalents $36.87M $37.20M $17.96M
Short-Term Investments
Other Short-Term Assets $4.200M $4.069M $4.411M
YoY Change 2.12% 5.91% 33.67%
Inventory $74.04M $67.48M $64.08M
Prepaid Expenses
Receivables $26.18M $25.43M $17.91M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $224.6M $148.1M $131.4M
YoY Change 65.78% 1.9% -13.55%
LONG-TERM ASSETS
Property, Plant & Equipment $36.31M $36.60M $31.07M
YoY Change 26.16% 29.6% 9.62%
Goodwill $88.04M $71.71M $70.99M
YoY Change 24.9% 2.94% 3.69%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $205.5M $182.8M $169.6M
YoY Change 22.22% 12.65% 5.11%
TOTAL ASSETS
Total Short-Term Assets $224.6M $148.1M $131.4M
Total Long-Term Assets $205.5M $182.8M $169.6M
Total Assets $430.1M $330.9M $301.0M
YoY Change 41.65% 7.57% -3.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.88M $14.59M $14.58M
YoY Change 21.28% 43.87% 21.39%
Accrued Expenses $6.323M $6.087M $4.433M
YoY Change 35.83% 7.72% -56.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $143.0K $141.0K $139.0K
YoY Change 5.15% 5.22% 5.3%
Total Short-Term Liabilities $28.75M $31.21M $34.33M
YoY Change 2.6% 2.91% -6.25%
LONG-TERM LIABILITIES
Long-Term Debt $799.0K $31.84M $872.0K
YoY Change -15.18% 3158.55% -13.75%
Other Long-Term Liabilities $440.0K $300.0K $241.0K
YoY Change 37.5% 2.74% -23.49%
Total Long-Term Liabilities $17.98M $72.51M $51.62M
YoY Change -66.99% 30.12% -5.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.75M $31.21M $34.33M
Total Long-Term Liabilities $17.98M $72.51M $51.62M
Total Liabilities $46.72M $103.7M $85.95M
YoY Change -43.35% 20.53% -5.76%
SHAREHOLDERS EQUITY
Retained Earnings -$168.9M -$187.5M -$187.1M
YoY Change -5.15% 6.57% 8.7%
Common Stock $6.000K $5.000K $5.000K
YoY Change 20.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $383.3M $227.2M $215.0M
YoY Change
Total Liabilities & Shareholders Equity $430.1M $330.9M $301.0M
YoY Change 41.65% 7.57% -3.94%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $18.54M -$333.0K -$9.100M
YoY Change -943.83% -91.13% -12.32%
Depreciation, Depletion And Amortization $3.287M $3.331M $2.961M
YoY Change 20.71% 27.77% 16.62%
Cash From Operating Activities -$6.058M -$8.170M -$4.197M
YoY Change 546.53% -8.93% 119.16%
INVESTING ACTIVITIES
Capital Expenditures -$1.089M -$5.268M $4.197M
YoY Change -84.54% 205.92% 52.67%
Acquisitions
YoY Change
Other Investing Activities -$102.8M $4.740M $18.50M
YoY Change -2670.75%
Cash From Investing Activities -$103.9M -$528.0K $14.30M
YoY Change 3313.9% -69.34% -355.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 108.3M 27.77M -$33.00K
YoY Change 257680.95% -86893.75% -210.0%
NET CHANGE
Cash From Operating Activities -6.058M -8.170M -$4.197M
Cash From Investing Activities -103.9M -528.0K $14.30M
Cash From Financing Activities 108.3M 27.77M -$33.00K
Net Change In Cash -1.709M 19.08M $10.31M
YoY Change -56.61% -277.86% -240.58%
FREE CASH FLOW
Cash From Operating Activities -$6.058M -$8.170M -$4.197M
Capital Expenditures -$1.089M -$5.268M $4.197M
Free Cash Flow -$4.969M -$2.902M -$8.394M
YoY Change -181.37% -59.97% 79.97%

Facts In Submission

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us-gaap Net Income Loss
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us-gaap Depreciation Depletion And Amortization
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5140000 usd
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340000 usd
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
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kids Transfer Of Property And Equipment To Inventory
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us-gaap Nature Of Operations
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BUSINESS<div style="padding-right:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">OrthoPediatrics Corp., a Delaware corporation, is a medical device company committed to designing, developing and marketing anatomically appropriate implants, instruments and braces for children with orthopedic conditions, giving pediatric orthopedic surgeons and caregivers the ability to treat children with technologies specifically designed to meet their needs. We sell our specialized products, including PediLoc</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, PediPlates</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, Cannulated Screws, PediFlex</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">nail, PediNail</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, PediLoc</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%"> Tibia, ACL Reconstruction System, Locking Cannulated Blade, Locking Proximal Femur, Spica Tables, RESPONSE</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%"> Spine, BandLoc</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, Pediatric Nailing Platform | Femur, Orthex, QuickPack</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%"> and ApiFix</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%"> Mid-C System, to various hospitals and medical facilities throughout the United States and various international markets. We currently use a contract manufacturing model for the manufacturing of implants and related surgical instrumentation. </span></div><div style="padding-right:8pt"><span><br/></span></div><div style="padding-right:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">We are the only global medical device company focused exclusively on providing a comprehensive trauma and deformity correction, scoliosis and sports medicine product offering to the pediatric orthopedic market in order to improve the lives of children with orthopedic conditions. Since inception we have impacted the lives of over 560,000 children. We design, develop and commercialize innovative orthopedic implants and instruments to meet the specialized needs of pediatric surgeons and their patients, who we believe have been largely neglected by the orthopedic industry. We currently serve three of the largest categories in this market. We estimate that the portion of this market that we currently serve represents a $3,300,000 opportunity globally, including over $1,500,000 in the United States.</span></div><div style="padding-right:5pt"><span><br/></span></div><div style="padding-right:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">Our largest investor is Squadron, a private investment firm based in Granby, Connecticut. </span></div>A novel strain of the coronavirus disease was first identified in Wuhan, China in December 2019, and the related outbreak was subsequently declared a pandemic by the World Health Organization and a national emergency by the President of the United States. As a result of the pandemic, we have experienced significant business disruption. For example, in order to meet the demand for COVID-19-related hospitalizations, various governments, governmental agencies and hospital administrators required certain hospitals to postpone some elective procedures. In addition, elective procedures are also being delayed in some cases as hospitals continue to struggle with adequate staffing levels. As a majority of our products are utilized in elective surgeries or procedures, the deferrals of such surgeries and procedures have had, and may continue to have, a significant negative impact on our business and results of operations. Despite the impact COVID-19 has had on our business, we continued to invest in research and development, invest in our people, and take steps to position ourselves for long-term success. We continue to train and educate our sales team and our surgeons on our products. We have continued to focus on developing innovative solutions, acquired multiple enabling technologies, invested in both new and existing partnerships and continued to deploy additional consigned instrument and implant sets in furtherance of our strategy. The extent to which COVID-19 may continue to negatively impact the Company's consolidated financial position, results of operations or cash flows is uncertain and will be closely monitored.
CY2022Q2 kids Cumulative Children Impacted Count
CumulativeChildrenImpactedCount
560000 children
CY2022Q2 kids Estimated Market Portion Opportunities
EstimatedMarketPortionOpportunities
3300000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
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-187459000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-178026000 usd
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesPreparation of our condensed consolidated financial statements requires the use of estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, as of the date of the condensed consolidated financial statements. By their nature, these judgments are subject to an inherent degree of uncertainty. We use historical experience and other assumptions as the basis for our judgments and estimates. Because future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Any changes in these estimates will be reflected in our consolidated financial statements.
CY2022Q2 us-gaap Escrow Deposit
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1250000 usd
CY2021Q4 us-gaap Escrow Deposit
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1250000 usd
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100000 eur
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 usd
CY2022Q2 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2021Q2 us-gaap Impairment Of Intangible Assets Finitelived
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us-gaap Impairment Of Intangible Assets Finitelived
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us-gaap Impairment Of Intangible Assets Finitelived
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0 usd
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0 usd
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2021Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
us-gaap Number Of Reporting Units
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1 reportingunit
CY2022Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 usd
CY2021Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 usd
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 usd
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BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
1092000 usd
kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
1545000 usd
CY2021Q2 kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
569000 usd
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BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
1212000 usd
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
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BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
990000 usd
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BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
5140000 usd
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0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0 shares
CY2021Q4 us-gaap Goodwill
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72349000 usd
us-gaap Goodwill Acquired During Period
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5157000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2022Q2 us-gaap Goodwill
Goodwill
71707000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
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70507000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11730000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
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58777000 usd
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65014000 usd
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FiniteLivedIntangibleAssetsAccumulatedAmortization
9520000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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55494000 usd
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BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-5010000 usd
CY2021Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
990000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-2440000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
5140000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
31977000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-598000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.074
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
1044000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-756000 usd
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
22671000 usd
CY2021Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
176000 usd
CY2014Q2 kids Operating Loss Carryforwards Limitations On Use Estimated Amount Subject To Limitation
OperatingLossCarryforwardsLimitationsOnUseEstimatedAmountSubjectToLimitation
23920000 usd
CY2014Q2 kids Operating Loss Carryforwards Limitations On Use Estimated Amount Subject To Limitation Annual Limit
OperatingLossCarryforwardsLimitationsOnUseEstimatedAmountSubjectToLimitationAnnualLimit
1062000 usd
CY2018Q4 kids Operating Loss Carryforwards Limitations On Use Estimated Amount Subject To Limitation Annual Limit
OperatingLossCarryforwardsLimitationsOnUseEstimatedAmountSubjectToLimitationAnnualLimit
9736000 usd
CY2018Q4 kids Operating Loss Carryforwards Limitations On Use Estimated Amount Subject To Limitation Annual Limit Increase
OperatingLossCarryforwardsLimitationsOnUseEstimatedAmountSubjectToLimitationAnnualLimitIncrease
22430000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-333000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3756000 usd
us-gaap Net Income Loss
NetIncomeLoss
-9433000 usd
us-gaap Net Income Loss
NetIncomeLoss
-14135000 usd
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19792286 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19792286 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19275779 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19275779 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19693216 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19693216 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19263506 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19263506 shares
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.73
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.73
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
438391 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
392449 shares
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32928000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
26695000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56345000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
48157000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32928000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
26695000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56345000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
48157000 usd
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.04
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
300000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
302000 usd
CY2022Q2 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
1140000 usd

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