2020 Q4 Form 10-Q Financial Statement

#000112479620000154 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $65.70M $61.73M $43.81M
YoY Change 53.16% 40.9% -14.13%
Cost Of Revenue $46.06M $44.57M $30.85M
YoY Change 40.0% 44.47% -6.45%
Gross Profit $19.65M $17.16M $12.96M
YoY Change 96.66% 32.39% -28.18%
Gross Profit Margin 29.91% 27.8% 29.58%
Selling, General & Admin $11.91M $10.01M $7.256M
YoY Change 17.46% 37.95% -3.06%
% of Gross Profit 60.61% 58.33% 55.98%
Research & Development $12.03M $11.13M $6.402M
YoY Change 36.39% 73.79% 16.93%
% of Gross Profit 61.22% 64.84% 49.39%
Depreciation & Amortization $3.760M $3.500M $2.310M
YoY Change 36.23% 51.52% 54.0%
% of Gross Profit 19.13% 20.4% 17.82%
Operating Expenses $23.93M $21.14M $13.66M
YoY Change 26.21% 54.75% 5.39%
Operating Profit -$4.280M -$3.976M -$696.0K
YoY Change -52.27% 471.26% -113.68%
Interest Expense -$40.00K -$96.00K $665.0K
YoY Change -108.89% -114.44% 123.15%
% of Operating Profit
Other Income/Expense, Net $320.0K $477.0K $90.00K
YoY Change -39.62% 430.0% -116.76%
Pretax Income -$4.020M -$3.595M $59.00K
YoY Change -49.62% -6193.22% -98.78%
Income Tax $500.0K -$1.485M $837.0K
% Of Pretax Income 1418.64%
Net Earnings -$4.520M -$2.110M -$778.0K
YoY Change -57.84% 171.21% -119.41%
Net Earnings / Revenue -6.88% -3.42% -1.78%
Basic Earnings Per Share -$0.05 -$0.02
Diluted Earnings Per Share -$116.3K -$0.05 -$0.02
COMMON SHARES
Basic Shares Outstanding 39.37M shares 38.56M shares 37.26M shares
Diluted Shares Outstanding 38.56M shares 37.26M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $102.3M $110.2M $138.9M
YoY Change -12.79% -20.66% -17.42%
Cash & Equivalents $102.3M $110.2M $138.9M
Short-Term Investments
Other Short-Term Assets $378.0K $7.800M $4.600M
YoY Change 68.0% 69.57% -41.03%
Inventory $54.71M $53.43M $45.72M
Prepaid Expenses
Receivables $31.82M $23.45M $28.76M
Other Receivables $300.0K $0.00 $0.00
Total Short-Term Assets $200.6M $200.0M $218.1M
YoY Change 1.0% -8.26% -6.63%
LONG-TERM ASSETS
Property, Plant & Equipment $44.48M $42.37M $25.78M
YoY Change 60.31% 64.31% 26.95%
Goodwill $12.48M $12.50M $1.387M
YoY Change 26.46% 801.44% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.167M $4.681M $7.132M
YoY Change 39.38% -34.37% 70.46%
Total Long-Term Assets $83.07M $80.36M $37.42M
YoY Change 61.7% 114.76% 31.45%
TOTAL ASSETS
Total Short-Term Assets $200.6M $200.0M $218.1M
Total Long-Term Assets $83.07M $80.36M $37.42M
Total Assets $283.6M $280.4M $255.5M
YoY Change 13.47% 9.75% -2.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.06M $24.40M $15.46M
YoY Change 65.8% 57.85% 12.2%
Accrued Expenses $15.32M $14.66M $9.778M
YoY Change 32.02% 49.96% -11.73%
Deferred Revenue $2.528M $2.124M $500.0K
YoY Change 272.31% 324.8%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $184.0K $142.0K $66.00K
YoY Change 260.78% 115.15% -35.29%
Total Short-Term Liabilities $41.36M $43.68M $25.76M
YoY Change 65.22% 69.57% 0.61%
LONG-TERM LIABILITIES
Long-Term Debt $215.0K $205.0K $0.00
YoY Change -100.0%
Other Long-Term Liabilities $4.221M $3.796M $1.681M
YoY Change 122.86% 125.82% -20.67%
Total Long-Term Liabilities $4.436M $4.001M $1.681M
YoY Change 134.21% 138.01% -90.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $41.36M $43.68M $25.76M
Total Long-Term Liabilities $4.436M $4.001M $1.681M
Total Liabilities $63.73M $64.30M $34.25M
YoY Change 91.05% 87.74% -29.49%
SHAREHOLDERS EQUITY
Retained Earnings -$138.4M -$133.9M -$106.7M
YoY Change 17.82% 25.42% -0.33%
Common Stock $15.00K $15.00K $15.00K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $219.9M $216.1M $221.2M
YoY Change
Total Liabilities & Shareholders Equity $283.6M $280.4M $255.5M
YoY Change 13.47% 9.75% -2.49%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$4.520M -$2.110M -$778.0K
YoY Change -57.84% 171.21% -119.41%
Depreciation, Depletion And Amortization $3.760M $3.500M $2.310M
YoY Change 36.23% 51.52% 54.0%
Cash From Operating Activities -$1.650M $7.690M -$710.0K
YoY Change -29.79% -1183.1% -115.81%
INVESTING ACTIVITIES
Capital Expenditures -$4.240M -$2.440M -$3.090M
YoY Change 17.13% -21.04% 8.04%
Acquisitions
YoY Change
Other Investing Activities -$20.00K -$170.0K $20.00K
YoY Change -99.88% -950.0%
Cash From Investing Activities -$4.260M -$2.610M -$3.070M
YoY Change -79.13% -14.98% 6.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.130M -15.98M 90.00K
YoY Change -276.03% -17855.56% -99.75%
NET CHANGE
Cash From Operating Activities -1.650M 7.690M -710.0K
Cash From Investing Activities -4.260M -2.610M -3.070M
Cash From Financing Activities -2.130M -15.98M 90.00K
Net Change In Cash -8.040M -10.90M -3.690M
YoY Change -62.69% 195.39% -109.69%
FREE CASH FLOW
Cash From Operating Activities -$1.650M $7.690M -$710.0K
Capital Expenditures -$4.240M -$2.440M -$3.090M
Free Cash Flow $2.590M $10.13M $2.380M
YoY Change 103.94% 325.63% -67.62%

Facts In Submission

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StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
685000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16483000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
928000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
216092000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
221937000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-778000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
117000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-9000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1079000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1126000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
221220000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
217783000 USD
us-gaap Net Income Loss
NetIncomeLoss
-2168000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1032000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-489000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
762000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5369000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1069000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
221220000 USD
us-gaap Net Income Loss
NetIncomeLoss
-16415000 USD
us-gaap Net Income Loss
NetIncomeLoss
-2168000 USD
us-gaap Depreciation
Depreciation
5614000 USD
us-gaap Depreciation
Depreciation
4859000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
4319000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1935000 USD
lasr Operating Lease Reduction In Carry Amount Of Right Of Use Assets Net
OperatingLeaseReductionInCarryAmountOfRightOfUseAssetsNet
2162000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
84000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
58000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
16483000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5369000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
7000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4094000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2836000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6411000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11055000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4753000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2590000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2418000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2670000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10565000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3290000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1494000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-1337000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1405000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-259000 USD
lasr Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-2120000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
591000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
337000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14694000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1894000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
168000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19395000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8943000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
717000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1064000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
0 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
19000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20280000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9988000 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
15000000 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
15126000 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
67000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
685000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
762000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1117000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1032000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3314000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
489000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1638000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1238000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
373000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6851000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10615000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
117294000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
149520000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110443000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
138905000 USD
lasr Interest Paid Received
InterestPaidReceived
312000 USD
lasr Interest Paid Received
InterestPaidReceived
2265000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1015000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1741000 USD
lasr Productive Asset Expenditures Incurred But Not Yet Paid
ProductiveAssetExpendituresIncurredButNotYetPaid
1294000 USD
lasr Productive Asset Expenditures Incurred But Not Yet Paid
ProductiveAssetExpendituresIncurredButNotYetPaid
1275000 USD
lasr Accrued Acquisition Consideration
AccruedAcquisitionConsideration
1390000 USD
lasr Accrued Acquisition Consideration
AccruedAcquisitionConsideration
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13470000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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%">Reclassifications</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%">Certain immaterial reclassifications were made to the prior period financial statements to conform to the current period presentation.</span></div>
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7600000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
7900000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43814000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61732000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43814000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
157085000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
133723000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61732000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
157085000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
133723000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61732000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43814000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
157085000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
133723000 USD
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5178000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2449000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2524000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
881000 USD
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
800000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1600000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
78669000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
96661000 USD
CY2020Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
19740000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
16643000 USD
CY2020Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
22693000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
17723000 USD
CY2020Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
10999000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
11765000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
53432000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
46131000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
105878000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
86380000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
63513000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
58633000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42365000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27747000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15060000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
13156000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5972000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3150000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9088000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10006000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
9872000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
869000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1767000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-5000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
12503000 USD
CY2020Q3 lasr Demonstration Assets Net Noncurrent
DemonstrationAssetsNetNoncurrent
1965000 USD
CY2019Q4 lasr Demonstration Assets Net Noncurrent
DemonstrationAssetsNetNoncurrent
1824000 USD
CY2020Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
72000 USD
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
72000 USD
CY2020Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2644000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1811000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4681000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3707000 USD
lasr Demonstration Assets Useful Life
DemonstrationAssetsUsefulLife
P2Y
CY2020Q3 lasr Amortization Of Demonstration Assets
AmortizationOfDemonstrationAssets
478000 USD
CY2019Q3 lasr Amortization Of Demonstration Assets
AmortizationOfDemonstrationAssets
454000 USD
lasr Amortization Of Demonstration Assets
AmortizationOfDemonstrationAssets
1500000 USD
lasr Amortization Of Demonstration Assets
AmortizationOfDemonstrationAssets
1355000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
10759000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8208000 USD
CY2020Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1982000 USD
CY2019Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1683000 USD
CY2020Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
155000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1922000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1559000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
14663000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
11605000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
2984000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4555000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2259000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1971000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
3425000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
456000 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
100000 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4250000 USD
CY2019Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
3040000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
1982000 USD
CY2019Q3 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
1725000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
2268000 USD
CY2019Q3 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
1315000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.035
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
758000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
2178000 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
35000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
153000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
128000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
381000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
921000 USD
us-gaap Lease Cost
LeaseCost
2712000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
785000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2463000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1873000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1401000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1347000 USD
CY2020Q3 lasr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
5976000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13845000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-1700000 USD
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-1700000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4239000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.54
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
79443000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
633000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.77
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
13000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.56
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3593000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.50
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y6M
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
78962000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2869000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.06
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y2M12D
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
64337000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3593000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
1.50
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y6M
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
78962000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11200000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11500000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1100000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000000.0 USD
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
39000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
17.53
CY2020Q3 lasr Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Discount Of Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAverageDiscountOfMarketPricePurchaseDate
3.85
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6683000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1079000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16483000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5369000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
64900000 USD
CY2020Q3 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options Remainder Of Fiscal Year
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsRemainderOfFiscalYear
6594000 USD
CY2020Q3 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options In Year One
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsInYearOne
24256000 USD
CY2020Q3 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options In Year Two
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsInYearTwo
19231000 USD
CY2020Q3 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options In Year Three
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsInYearThree
12154000 USD
CY2020Q3 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options In Year Four
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsInYearFour
2646000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2020Q3 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Compensation Not Yet Recognized Stock Options
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsCompensationNotYetRecognizedStockOptions
64881000 USD
CY2019Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000.0 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61732000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
17160000 USD
CY2020Q3 lasr Gross Margin
GrossMargin
0.278
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
157085000 USD
us-gaap Gross Profit
GrossProfit
39717000 USD
lasr Gross Margin
GrossMargin
0.253
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-2110000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-778000 USD
us-gaap Net Income Loss
NetIncomeLoss
-16415000 USD
us-gaap Net Income Loss
NetIncomeLoss
-2168000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38558000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37262000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38195000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37005000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38558000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37262000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38195000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37005000 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7130000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6474000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5722000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6518000 shares

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