2024 Q4 Form 10-Q Financial Statement

#000162828024045451 Filed on November 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $60.31M
YoY Change 9.15%
Cost Of Revenue $48.36M
YoY Change 13.95%
Gross Profit $11.95M
YoY Change -6.73%
Gross Profit Margin 19.81%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.00M
YoY Change 10.43%
% of Gross Profit 284.55%
Operating Expenses $16.40M
YoY Change 35.39%
Operating Profit -$4.447M
YoY Change -735.29%
Interest Expense -$4.469M
YoY Change -204.81%
% of Operating Profit
Other Income/Expense, Net $75.00K
YoY Change -80.26%
Pretax Income -$8.841M
YoY Change 205.39%
Income Tax $50.00K
% Of Pretax Income
Net Earnings -$8.888M
YoY Change 205.01%
Net Earnings / Revenue -14.74%
Basic Earnings Per Share -$2.05
Diluted Earnings Per Share -$2.05
COMMON SHARES
Basic Shares Outstanding 4.391M shares 4.169M shares
Diluted Shares Outstanding 4.341M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.88M
YoY Change -19.64%
Cash & Equivalents $25.90M
Short-Term Investments
Other Short-Term Assets $63.67M
YoY Change -5.11%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $89.55M
YoY Change -9.76%
LONG-TERM ASSETS
Property, Plant & Equipment $632.0K
YoY Change -29.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $91.00K
YoY Change -9.0%
Total Long-Term Assets $2.429M
YoY Change -21.03%
TOTAL ASSETS
Total Short-Term Assets $89.55M
Total Long-Term Assets $2.429M
Total Assets $91.98M
YoY Change -10.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $912.0K
YoY Change 24.08%
Accrued Expenses $23.26M
YoY Change 47.69%
Deferred Revenue
YoY Change
Short-Term Debt $67.11M
YoY Change
Long-Term Debt Due $28.78M
YoY Change
Total Short-Term Liabilities $131.0M
YoY Change 593.01%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change -100.0%
Other Long-Term Liabilities $823.0K
YoY Change 528.24%
Total Long-Term Liabilities $823.0K
YoY Change 528.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $131.0M
Total Long-Term Liabilities $823.0K
Total Liabilities $132.2M
YoY Change 26.92%
SHAREHOLDERS EQUITY
Retained Earnings -$138.9M
YoY Change 46.02%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$40.26M
YoY Change
Total Liabilities & Shareholders Equity $91.98M
YoY Change -10.1%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$8.888M
YoY Change 205.01%
Depreciation, Depletion And Amortization $34.00M
YoY Change 10.43%
Cash From Operating Activities -$5.422M
YoY Change -753.25%
INVESTING ACTIVITIES
Capital Expenditures $319.0K
YoY Change 32.92%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$319.0K
YoY Change 32.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.340M
YoY Change -28.88%
NET CHANGE
Cash From Operating Activities -5.422M
Cash From Investing Activities -319.0K
Cash From Financing Activities -2.340M
Net Change In Cash -8.081M
YoY Change 199.3%
FREE CASH FLOW
Cash From Operating Activities -$5.422M
Capital Expenditures $319.0K
Free Cash Flow -$5.741M
YoY Change -1073.05%

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us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
0 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-529000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-889000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1594000 usd
kplt Increase Decrease In Settlement Liabilities
IncreaseDecreaseInSettlementLiabilities
-5500000 usd
kplt Increase Decrease In Settlement Liabilities
IncreaseDecreaseInSettlementLiabilities
0 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-239000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-312000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-67000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
572000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4070000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7720000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10000 usd
us-gaap Payments For Software
PaymentsForSoftware
620000 usd
us-gaap Payments For Software
PaymentsForSoftware
753000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-656000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-763000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
16100000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
10916000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
9539000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
8054000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
25000000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
34000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
562000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
318000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
209000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6208000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22490000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1482000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-30973000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28811000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
69841000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30293000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38868000 usd
us-gaap Interest Paid Net
InterestPaidNet
10372000 usd
us-gaap Interest Paid Net
InterestPaidNet
9821000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
270000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
146000 usd
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 usd
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
481000 usd
kplt Warrants Issued
WarrantsIssued
0 usd
kplt Warrants Issued
WarrantsIssued
4060000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
275000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
390000 usd
CY2023Q3 kplt Property Subject To Or Available For Operating Lease Net Current
PropertySubjectToOrAvailableForOperatingLeaseNetCurrent
51670000 usd
CY2023Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4976000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
95515000 usd
CY2023Q3 us-gaap Assets
Assets
98591000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
22198000 usd
CY2023Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
4755000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
27985000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
113274000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-107908000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-14683000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
98591000 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
54042000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
161612000 usd
CY2023Q3 us-gaap Revenues
Revenues
54811000 usd
us-gaap Revenues
Revenues
164030000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
43342000 usd
us-gaap Cost Of Revenue
CostOfRevenue
131224000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
11469000 usd
us-gaap Gross Profit
GrossProfit
32806000 usd
CY2023Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
11909000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
40953000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-440000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-8147000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4035000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-21984000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-4054000 usd
us-gaap Net Income Loss
NetIncomeLoss
-22037000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.98
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.98
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.43
us-gaap Net Income Loss
NetIncomeLoss
-22037000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
92334000 usd
kplt Property Subject To Or Available For Operating Lease Property Buyouts Net Lessor Asset Under Operating Lease
PropertySubjectToOrAvailableForOperatingLeasePropertyBuyoutsNetLessorAssetUnderOperatingLease
19365000 usd
kplt Property Subject To Or Available For Operating Lease Impairment Charge
PropertySubjectToOrAvailableForOperatingLeaseImpairmentCharge
15494000 usd
kplt Increase Decrease In Property Held For Lease
IncreaseDecreaseInPropertyHeldForLease
128464000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3125000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1594000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7720000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— The preparation of the condensed consolidated financial statements in accordance with U.S. 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 condensed consolidated financial statements, and the reported amounts of income and expense during the reporting periods. The most significant estimates relate to the selection of useful lives for property held for lease and the related depreciation method,</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> impairments, and the valua</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">tion allowance associated with deferred tax assets. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. Changes in estimates are reflected in reported amounts in the period in which they become known. Actual results could differ from those estimates.</span></div>
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Rental Revenue</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— L</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ease-to-own agreements, which comprise the majority of total revenue, fall within the scope of ASC 842, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Leases</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> under lessor accounting and revenue is recognized in the period it is earned and cash is collected. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pro</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">perty held for lease is leased to customers pursuant to lease purchase agreements with an initial term: typically one week, two weeks, or one month, with non-refundable lease payments. Generally, the customer has the right to acquire title either through a 90-day promotional pricing option, an early purchase option (buyout) available prior to completion of the full agreement, or by completing all lease renewal payments, generally over 10, 12 or 18 months. On any current lease, customers have the option to terminate the agreement at any time without penalty in accordance with the lease term. Amounts received from customers who elect early purchase options (buyouts) are included in rental revenue. Lease payments received prior to their due dates are deferred and </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">recorded as unearned revenue and are recognized as rental revenue in the month in which the revenue is earned. Rental revenue also includes agreed-upon charges assessed for customer lease applications. Payments are received upon submission of the applications and execution of the lease-purchase agreements. Services are considered to be rendered and revenue earned over the lease term.</span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues from direct integration leases are generally recorded net of sales taxes as sales tax is collected from each customer's lease payment and a sales tax payable is recorded for remittance to the respective state. For Katapult Pay transactions, all sales tax is paid by the Company upon purchase of the goods and is recorded in the cost basis of the capitalzed property held for lease. Revenue is recognized for our Katapult Pay transactions when lease payments are received from customers in the month due.</span></div>
CY2024Q3 kplt Promotional Period For Pricing Option Buyout
PromotionalPeriodForPricingOptionBuyout
P90D
CY2024Q3 us-gaap Other Income
OtherIncome
700000 usd
CY2023Q3 us-gaap Other Income
OtherIncome
800000 usd
us-gaap Other Income
OtherIncome
2300000 usd
us-gaap Other Income
OtherIncome
2400000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— The Company’s concentration of credit risk consists primarily of cash. A portion of the Company’s cash balances exceed those that are federally insured. To date, the Company has not recognized any losses caused by uninsured balances.</span></div>Significant customers are those which represent more than 10% of the Company’s total revenue or gross accounts receivable balance at each balance sheet date.
CY2024Q3 kplt Property Subject To Or Available For Operating Lease Gross Current
PropertySubjectToOrAvailableForOperatingLeaseGrossCurrent
281521000 usd
CY2023Q4 kplt Property Subject To Or Available For Operating Lease Gross Current
PropertySubjectToOrAvailableForOperatingLeaseGrossCurrent
290808000 usd
CY2024Q3 kplt Property Subject To Or Available For Operating Lease Accumulated Depreciation Current
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciationCurrent
226698000 usd
CY2023Q4 kplt Property Subject To Or Available For Operating Lease Accumulated Depreciation Current
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciationCurrent
231473000 usd
CY2024Q3 kplt Property Subject To Or Available For Operating Lease Net Current
PropertySubjectToOrAvailableForOperatingLeaseNetCurrent
54823000 usd
CY2023Q4 kplt Property Subject To Or Available For Operating Lease Net Current
PropertySubjectToOrAvailableForOperatingLeaseNetCurrent
59335000 usd
CY2024Q3 kplt Property Subject To Or Available For Operating Lease Depreciation
PropertySubjectToOrAvailableForOperatingLeaseDepreciation
33599000 usd
CY2023Q3 kplt Property Subject To Or Available For Operating Lease Depreciation
PropertySubjectToOrAvailableForOperatingLeaseDepreciation
31195000 usd
kplt Property Subject To Or Available For Operating Lease Depreciation
PropertySubjectToOrAvailableForOperatingLeaseDepreciation
101800000 usd
kplt Property Subject To Or Available For Operating Lease Depreciation
PropertySubjectToOrAvailableForOperatingLeaseDepreciation
91655000 usd
CY2024Q3 kplt Property Subject To Or Available For Operating Lease Property Buyouts Net Lessor Asset Under Operating Lease
PropertySubjectToOrAvailableForOperatingLeasePropertyBuyoutsNetLessorAssetUnderOperatingLease
6748000 usd
CY2023Q3 kplt Property Subject To Or Available For Operating Lease Property Buyouts Net Lessor Asset Under Operating Lease
PropertySubjectToOrAvailableForOperatingLeasePropertyBuyoutsNetLessorAssetUnderOperatingLease
6069000 usd
kplt Property Subject To Or Available For Operating Lease Property Buyouts Net Lessor Asset Under Operating Lease
PropertySubjectToOrAvailableForOperatingLeasePropertyBuyoutsNetLessorAssetUnderOperatingLease
21505000 usd
kplt Property Subject To Or Available For Operating Lease Property Buyouts Net Lessor Asset Under Operating Lease
PropertySubjectToOrAvailableForOperatingLeasePropertyBuyoutsNetLessorAssetUnderOperatingLease
19365000 usd
CY2024Q3 kplt Property Subject To Or Available For Operating Lease Impairment Charge
PropertySubjectToOrAvailableForOperatingLeaseImpairmentCharge
5453000 usd
CY2023Q3 kplt Property Subject To Or Available For Operating Lease Impairment Charge
PropertySubjectToOrAvailableForOperatingLeaseImpairmentCharge
4895000 usd
kplt Property Subject To Or Available For Operating Lease Impairment Charge
PropertySubjectToOrAvailableForOperatingLeaseImpairmentCharge
17021000 usd
kplt Property Subject To Or Available For Operating Lease Impairment Charge
PropertySubjectToOrAvailableForOperatingLeaseImpairmentCharge
15494000 usd
CY2024Q3 kplt Property Subject To Or Available For Operating Lease Other
PropertySubjectToOrAvailableForOperatingLeaseOther
2558000 usd
CY2023Q3 kplt Property Subject To Or Available For Operating Lease Other
PropertySubjectToOrAvailableForOperatingLeaseOther
1183000 usd
kplt Property Subject To Or Available For Operating Lease Other
PropertySubjectToOrAvailableForOperatingLeaseOther
5540000 usd
kplt Property Subject To Or Available For Operating Lease Other
PropertySubjectToOrAvailableForOperatingLeaseOther
4710000 usd
CY2024Q3 us-gaap Cost Of Revenue
CostOfRevenue
48358000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
43342000 usd
us-gaap Cost Of Revenue
CostOfRevenue
145866000 usd
us-gaap Cost Of Revenue
CostOfRevenue
131224000 usd
CY2024Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
4023000 usd
CY2023Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
4183000 usd
CY2024Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
14949000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
14527000 usd
CY2024Q3 kplt Unfunded Lease Payable Current
UnfundedLeasePayableCurrent
2313000 usd
CY2023Q4 kplt Unfunded Lease Payable Current
UnfundedLeasePayableCurrent
3578000 usd
CY2024Q3 us-gaap Interest Payable Current
InterestPayableCurrent
149000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
140000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1823000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1718000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
23257000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
24146000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2400000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25900000 usd
CY2024Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
4400000 usd
kplt Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
2 plan
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1500000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1400000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4400000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5700000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50000.00 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20000.00 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0061
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0066
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
110000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50000.00 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0075
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0029
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1089905 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1089905 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1225840 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1225840 shares
CY2024Q3 us-gaap Litigation Reserve Current
LitigationReserveCurrent
2250000 usd
CY2024Q3 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
750000 usd
us-gaap Litigation Settlement Loss
LitigationSettlementLoss
3000000 usd
CY2024Q3 us-gaap Litigation Settlement Loss
LitigationSettlementLoss
3000000 usd
CY2024Q2 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
12000000 usd
CY2024Q2 kplt Litigation Settlement Amount Awarded To Other Party Cash Component
LitigationSettlementAmountAwardedToOtherPartyCashComponent
8500000 usd
CY2024Q2 kplt Litigation Settlement Amount Awarded To Other Party Settlement Shares And Additional Component
LitigationSettlementAmountAwardedToOtherPartySettlementSharesAndAdditionalComponent
3500000 usd
CY2023Q4 us-gaap Insurance Settlements Receivable Current
InsuranceSettlementsReceivableCurrent
5000000 usd
CY2024Q3 us-gaap Litigation Reserve Current
LitigationReserveCurrent
2250000 usd
CY2024Q3 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
750000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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