2021 Q1 Form 10-Q Financial Statement

#000112479621000087 Filed on May 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $61.35M $43.22M
YoY Change 41.95% 3.23%
Cost Of Revenue $43.70M $33.71M
YoY Change 29.62% 18.93%
Gross Profit $17.65M $9.501M
YoY Change 85.72% -29.7%
Gross Profit Margin 28.76% 21.99%
Selling, General & Admin $11.71M $7.700M
YoY Change 52.13% -5.45%
% of Gross Profit 66.39% 81.04%
Research & Development $11.71M $8.538M
YoY Change 37.15% 32.95%
% of Gross Profit 66.36% 89.86%
Depreciation & Amortization $2.157M $1.769M
YoY Change 21.93% 13.04%
% of Gross Profit 12.22% 18.62%
Operating Expenses $23.42M $16.24M
YoY Change 44.25% 11.48%
Operating Profit -$5.779M -$6.737M
YoY Change -14.22% 540.4%
Interest Expense -$74.00K $283.0K
YoY Change -126.15% -62.27%
% of Operating Profit
Other Income/Expense, Net $26.00K -$116.0K
YoY Change -122.41% -114.15%
Pretax Income -$5.827M -$6.570M
YoY Change -11.31% -1368.34%
Income Tax $322.0K $905.0K
% Of Pretax Income
Net Earnings -$6.149M -$7.475M
YoY Change -17.74% 505.26%
Net Earnings / Revenue -10.02% -17.3%
Basic Earnings Per Share -$0.15 -$0.20
Diluted Earnings Per Share -$0.15 -$0.20
COMMON SHARES
Basic Shares Outstanding 40.05M shares 37.85M shares
Diluted Shares Outstanding 40.05M shares 37.85M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $185.6M $116.3M
YoY Change 59.59% -18.33%
Cash & Equivalents $185.6M $116.3M
Short-Term Investments
Other Short-Term Assets $5.200M $5.000M
YoY Change 4.0% 8374.58%
Inventory $58.80M $49.49M
Prepaid Expenses
Receivables $31.66M $26.93M
Other Receivables $0.00 $0.00
Total Short-Term Assets $285.6M $199.8M
YoY Change 42.96% -8.84%
LONG-TERM ASSETS
Property, Plant & Equipment $46.13M $41.01M
YoY Change 12.47% 85.28%
Goodwill $12.45M $9.972M
YoY Change 24.82% 618.96%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.038M $4.718M
YoY Change 6.78% -21.74%
Total Long-Term Assets $89.42M $71.98M
YoY Change 24.24% 122.59%
TOTAL ASSETS
Total Short-Term Assets $285.6M $199.8M
Total Long-Term Assets $89.42M $71.98M
Total Assets $375.1M $271.8M
YoY Change 38.0% 8.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.64M $17.24M
YoY Change 37.11% 23.29%
Accrued Expenses $13.92M $9.247M
YoY Change 50.56% -5.94%
Deferred Revenue $2.589M $1.983M
YoY Change 30.56%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $35.00K
YoY Change -100.0% -65.69%
Total Short-Term Liabilities $42.91M $31.27M
YoY Change 37.22% 29.92%
LONG-TERM LIABILITIES
Long-Term Debt $29.00K $15.00M
YoY Change -99.81% 78847.37%
Other Long-Term Liabilities $4.506M $1.740M
YoY Change 158.97% -11.41%
Total Long-Term Liabilities $4.535M $16.74M
YoY Change -72.91% 744.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $42.91M $31.27M
Total Long-Term Liabilities $4.535M $16.74M
Total Liabilities $71.02M $58.84M
YoY Change 20.69% 79.03%
SHAREHOLDERS EQUITY
Retained Earnings -$144.5M -$124.9M
YoY Change 15.69% 18.07%
Common Stock $15.00K $15.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $304.1M $212.9M
YoY Change
Total Liabilities & Shareholders Equity $375.1M $271.8M
YoY Change 38.0% 8.05%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$6.149M -$7.475M
YoY Change -17.74% 505.26%
Depreciation, Depletion And Amortization $2.157M $1.769M
YoY Change 21.93% 13.04%
Cash From Operating Activities $4.115M -$1.079M
YoY Change -481.37% -78.15%
INVESTING ACTIVITIES
Capital Expenditures $3.134M $15.19M
YoY Change -79.36% 564.84%
Acquisitions $291.0K $0.00
YoY Change
Other Investing Activities -$290.0K $40.00K
YoY Change -825.0%
Cash From Investing Activities -$3.505M -$15.46M
YoY Change -77.33% 465.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $82.76M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $82.93M $15.53M
YoY Change 433.98% 3413.8%
NET CHANGE
Cash From Operating Activities $4.115M -$1.079M
Cash From Investing Activities -$3.505M -$15.46M
Cash From Financing Activities $82.93M $15.53M
Net Change In Cash $83.32M -$1.002M
YoY Change -8414.87% -85.91%
FREE CASH FLOW
Cash From Operating Activities $4.115M -$1.079M
Capital Expenditures $3.134M $15.19M
Free Cash Flow $981.0K -$16.26M
YoY Change -106.03% 125.17%

Facts In Submission

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-52000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4115000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1079000 USD
CY2021Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
291000 USD
CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3134000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15185000 USD
CY2021Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
80000 USD
CY2020Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
320000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
0 USD
CY2020Q1 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
41000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3505000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15464000 USD
CY2021Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
82761000 USD
CY2020Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2021Q1 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0 USD
CY2020Q1 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
15000000 USD
CY2021Q1 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
372000 USD
CY2020Q1 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
16000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
574000 USD
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
558000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
31000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
82932000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15531000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-227000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
83315000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1002000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102573000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
117293000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
185888000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
116291000 USD
CY2021Q1 lasr Interest Paid Received
InterestPaidReceived
66000 USD
CY2020Q1 lasr Interest Paid Received
InterestPaidReceived
-384000 USD
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
241000 USD
CY2020Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
605000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6699000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7566000 USD
CY2021Q1 lasr Productive Asset Expenditures Incurred But Not Yet Paid
ProductiveAssetExpendituresIncurredButNotYetPaid
1698000 USD
CY2020Q1 lasr Productive Asset Expenditures Incurred But Not Yet Paid
ProductiveAssetExpendituresIncurredButNotYetPaid
744000 USD
CY2021Q1 lasr Accrued Offering Costs
AccruedOfferingCosts
406000 USD
CY2020Q1 lasr Accrued Offering Costs
AccruedOfferingCosts
0 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61345000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43215000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61345000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43215000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61345000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43215000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
4329000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5680000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4203000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2985000 USD
CY2021Q1 lasr Contract With Customer Liability Revenue Recognized During Period
ContractWithCustomerLiabilityRevenueRecognizedDuringPeriod
1300000 USD
CY2020Q1 lasr Contract With Customer Liability Revenue Recognized During Period
ContractWithCustomerLiabilityRevenueRecognizedDuringPeriod
200000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
67834000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
159530000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
75668000 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
22852000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
21410000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
23829000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
21320000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
12123000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
11976000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
58804000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
54706000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
113961000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
110742000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
66262000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46127000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
44480000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
14687000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
14625000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7278000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6280000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7409000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8345000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2878000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2357000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1674000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
364000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
136000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7409000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
12484000 USD
CY2021Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-37000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
12447000 USD
CY2021Q1 lasr Demonstration Assets Net Noncurrent
DemonstrationAssetsNetNoncurrent
2472000 USD
CY2020Q4 lasr Demonstration Assets Net Noncurrent
DemonstrationAssetsNetNoncurrent
2598000 USD
CY2021Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
66000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
69000 USD
CY2021Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2500000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2500000 USD
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5038000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5167000 USD
CY2021Q1 lasr Demonstration Assets Useful Life
DemonstrationAssetsUsefulLife
P2Y
CY2021Q1 lasr Amortization Of Demonstration Assets
AmortizationOfDemonstrationAssets
541000 USD
CY2020Q1 lasr Amortization Of Demonstration Assets
AmortizationOfDemonstrationAssets
504000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9402000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
10770000 USD
CY2021Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2441000 USD
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2122000 USD
CY2021Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
390000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
401000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1689000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2028000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
13922000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
15321000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4711000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
2984000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
701000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
766000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1285000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1033000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
100000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
5295000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
3351000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2441000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
1828000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
2854000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
1523000 USD
CY2021Q1 lasr Contractual Commitments And Purchase Obligations Period Increase Decrease
ContractualCommitmentsAndPurchaseObligationsPeriodIncreaseDecrease
6500000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y3M18D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
874000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
769000 USD
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
73000 USD
CY2020Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
87000 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
122000 USD
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
146000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
1069000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
1002000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2566000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3028000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2369000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2325000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1896000 USD
CY2021Q1 lasr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
10011000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
22195000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3598000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
18597000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2751000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15846000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3358000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.53
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y3M18D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
104510000 USD
CY2021Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
452000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.27
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.79
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2904000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.56
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y1M6D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
89554000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2408000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.15
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y9M18D
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
75265000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2904000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
1.56
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y1M6D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
89554000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
15000000.0 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6000000.0 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
600000 USD
CY2021Q1 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
0 shares
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8054000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3763000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
58300000 USD
CY2021Q1 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options Remainder Of Fiscal Year
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsRemainderOfFiscalYear
20570000 USD
CY2021Q1 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options In Year One
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsInYearOne
21754000 USD
CY2021Q1 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options In Year Two
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsInYearTwo
12899000 USD
CY2021Q1 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options In Year Three
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsInYearThree
3027000 USD
CY2021Q1 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Allocated Sharebased Compensation Expense Stock Options In Year Four
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsAllocatedSharebasedCompensationExpenseStockOptionsInYearFour
35000 USD
CY2021Q1 lasr Employee Service Sharebased Compensation And Nonemployee Services Transaction Nonvested Awards Compensation Not Yet Recognized Stock Options
EmployeeServiceSharebasedCompensationAndNonemployeeServicesTransactionNonvestedAwardsCompensationNotYetRecognizedStockOptions
58285000 USD
CY2019Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000.0 USD
CY2021Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61345000 USD
CY2021Q1 us-gaap Gross Profit
GrossProfit
17645000 USD
CY2021Q1 lasr Gross Margin
GrossMargin
0.288
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43215000 USD
CY2020Q1 us-gaap Gross Profit
GrossProfit
9501000 USD
CY2020Q1 lasr Gross Margin
GrossMargin
0.220
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-6149000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-7475000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40048000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37846000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40048000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37846000 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.20
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5344000 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6319000 shares

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