2022 Q1 Form 10-K Financial Statement

#000095017022003138 Filed on March 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q3
Revenue $9.340M $9.368M $10.87M
YoY Change 26.27% 28.59% 45.06%
Cost Of Revenue $7.390M $7.154M $7.667M
YoY Change 32.93% 22.92% 33.71%
Gross Profit $1.950M $2.214M $3.199M
YoY Change 6.12% 51.11% 82.11%
Gross Profit Margin 20.88% 23.63% 29.44%
Selling, General & Admin $15.80M $9.060M $8.269M
YoY Change 127.63% 55.46% 64.21%
% of Gross Profit 810.35% 409.26% 258.5%
Research & Development $103.8K $172.0K $242.6K
YoY Change -56.86% 19.28% 135.81%
% of Gross Profit 5.33% 7.77% 7.58%
Depreciation & Amortization $142.8K $283.6K $152.1K
YoY Change 8.75% 117.4% 32.44%
% of Gross Profit 7.32% 12.81% 4.76%
Operating Expenses $15.90M $9.232M $8.511M
YoY Change 121.45% 54.59% 65.65%
Operating Profit -$13.95M -$7.018M -$5.313M
YoY Change 161.1% 55.72% 57.09%
Interest Expense -$177.4K $12.46K $10.72K
YoY Change -1376.26% -7.15% -59.93%
% of Operating Profit
Other Income/Expense, Net -$179.3K $51.00K $10.72K
YoY Change -1389.99% -59.92%
Pretax Income -$14.13M -$6.955M -$5.302M
YoY Change 165.15% 54.77% 58.03%
Income Tax $5.774K $68.66K -$49.78K
% Of Pretax Income
Net Earnings -$14.14M -$6.886M -$5.352M
YoY Change 165.25% 53.24% 59.51%
Net Earnings / Revenue -151.39% -73.51% -49.25%
Basic Earnings Per Share -$1.55 $0.76 -$0.59
Diluted Earnings Per Share -$1.55 -$759.3K -$0.59
COMMON SHARES
Basic Shares Outstanding 9.093M 9.054M 9.002M
Diluted Shares Outstanding 9.095M 9.067M 9.002M

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.16M $31.57M $39.62M
YoY Change -54.88% -51.94% -46.04%
Cash & Equivalents $27.16M $22.93M $30.93M
Short-Term Investments $0.00 $8.635M $8.688M
Other Short-Term Assets $197.9K $459.6K $378.4K
YoY Change 243.86% 799.28% 579.97%
Inventory $9.856M $10.22M $10.34M
Prepaid Expenses
Receivables $1.262M $1.269M $956.9K
Other Receivables $300.7K $679.9K $563.6K
Total Short-Term Assets $41.73M $47.68M $53.37M
YoY Change -42.28% -37.26% -33.58%
LONG-TERM ASSETS
Property, Plant & Equipment $4.497M $4.513M $4.139M
YoY Change 28.43% 28.45% 28.99%
Goodwill $0.00 $6.486M $6.486M
YoY Change
Intangibles $3.157M $4.839M $4.965M
YoY Change 3429.64%
Long-Term Investments
YoY Change
Other Assets $947.4K $2.328M $2.429M
YoY Change 1115.82% 46529.61% 32095.92%
Total Long-Term Assets $16.00M $18.17M $18.02M
YoY Change 153.24% 186.2% 182.2%
TOTAL ASSETS
Total Short-Term Assets $41.73M $47.68M $53.37M
Total Long-Term Assets $16.00M $18.17M $18.02M
Total Assets $57.73M $65.85M $71.39M
YoY Change -26.57% -20.03% -17.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $965.9K $888.8K $1.548M
YoY Change -39.65% -32.46% -33.8%
Accrued Expenses $2.222M $2.083M $1.186M
YoY Change 159.01% 195.67% 36.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.319M $3.786M $3.548M
YoY Change 53.24% 38.0% -9.16%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $51.00K
YoY Change -100.0% -100.0% 0.0%
Other Long-Term Liabilities $4.407M
YoY Change
Total Long-Term Liabilities $4.407M $7.534K $137.5K
YoY Change 8541.98% -85.23% 169.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.319M $3.786M $3.548M
Total Long-Term Liabilities $4.407M $7.534K $137.5K
Total Liabilities $9.726M $3.794M $3.685M
YoY Change 176.17% 35.75% -6.86%
SHAREHOLDERS EQUITY
Retained Earnings -$69.94M -$55.80M -$48.91M
YoY Change 87.71% 74.77% 78.29%
Common Stock $117.9M $117.9M $116.6M
YoY Change 4.97% 5.79% 5.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $48.00M $62.05M $67.70M
YoY Change
Total Liabilities & Shareholders Equity $57.73M $65.85M $71.39M
YoY Change -26.57% -20.03% -17.7%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q3
OPERATING ACTIVITIES
Net Income -$14.14M -$6.886M -$5.352M
YoY Change 165.25% 53.24% 59.51%
Depreciation, Depletion And Amortization $142.8K $283.6K $152.1K
YoY Change 8.75% 117.4% 32.44%
Cash From Operating Activities -$3.602M -$7.853M -$3.290M
YoY Change -29.97% 3.52% 34.23%
INVESTING ACTIVITIES
Capital Expenditures $701.9K -$531.2K -$548.5K
YoY Change 472.56% 186.95% -2.4%
Acquisitions
YoY Change
Other Investing Activities $8.514M -$15.85K -$55.09K
YoY Change 1216154.29% -99.81% -101.27%
Cash From Investing Activities $7.812M -$547.0K -$603.6K
YoY Change -4004.23% -93.49% -116.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.25K 391.5K 91.28K
YoY Change -111.95% 60.35% -99.86%
NET CHANGE
Cash From Operating Activities -3.602M -7.853M -3.290M
Cash From Investing Activities 7.812M -547.0K -603.6K
Cash From Financing Activities 14.25K 391.5K 91.28K
Net Change In Cash 4.224M -8.008M -3.802M
YoY Change -177.33% -49.12% -105.9%
FREE CASH FLOW
Cash From Operating Activities -$3.602M -$7.853M -$3.290M
Capital Expenditures $701.9K -$531.2K -$548.5K
Free Cash Flow -$4.304M -$7.322M -$2.741M
YoY Change -18.27% -1.07% 45.12%

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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2020 us-gaap Net Income Loss
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CY2020Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2021 us-gaap Stock Issued During Period Value New Issues
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CY2021 lsf Employee Stock Purchase Plan Shares Issued
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Net Income Loss
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CY2020 us-gaap Net Income Loss
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CY2021 us-gaap Depreciation
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CY2020 us-gaap Depreciation
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CY2021 us-gaap Adjustment For Amortization
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CY2020 us-gaap Adjustment For Amortization
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2021 us-gaap Stock Option Plan Expense
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CY2020 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
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CY2021 lsf Reserve For Prepaid Assets
ReserveForPrepaidAssets
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CY2020 lsf Reserve For Prepaid Assets
ReserveForPrepaidAssets
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CY2021 us-gaap Restricted Stock Expense
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CY2020 us-gaap Restricted Stock Expense
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CY2021 lsf Noncash Conversion Of Note Payable To Grant Income
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CY2020 lsf Noncash Conversion Of Note Payable To Grant Income
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CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2021 lsf Increase Decrease In Deferred Taxes
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CY2020 lsf Increase Decrease In Deferred Taxes
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CY2021 us-gaap Gain Loss On Sale Of Investments
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CY2020 us-gaap Gain Loss On Sale Of Investments
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CY2021 us-gaap Increase Decrease In Accounts Receivable Related Parties
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CY2020 us-gaap Increase Decrease In Accounts Receivable Related Parties
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CY2021 us-gaap Increase Decrease In Inventories
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CY2020 us-gaap Increase Decrease In Inventories
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021 lsf Increase Decrease In Deferred Rent
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CY2020 lsf Increase Decrease In Deferred Rent
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CY2021 lsf Increase Decrease In Deposits Assets
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CY2020 lsf Increase Decrease In Deposits Assets
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CY2021 us-gaap Increase Decrease In Accounts Payable Trade
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CY2020 us-gaap Increase Decrease In Accounts Payable Trade
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CY2021 us-gaap Increase Decrease In Due To Employees Current
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CY2020 us-gaap Increase Decrease In Due To Employees Current
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CY2021 us-gaap Increase Decrease In Accrued Liabilities
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CY2020 us-gaap Increase Decrease In Accrued Liabilities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2021 lsf Payments Towards Advances On Property Plant And Equipment To Be Acquired
PaymentsTowardsAdvancesOnPropertyPlantAndEquipmentToBeAcquired
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CY2020 lsf Payments Towards Advances On Property Plant And Equipment To Be Acquired
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CY2021 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
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CY2020 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
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CY2021 us-gaap Payments To Acquire Businesses Gross
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10449587
CY2020 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
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CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4950000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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-12639286
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4280987
CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
66110517
CY2021 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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0
CY2020 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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10000006
CY2021 us-gaap Payments Of Stock Issuance Costs
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CY2020 us-gaap Payments Of Stock Issuance Costs
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1268772
CY2021 lsf Preferred Stock Issuance Costs
PreferredStockIssuanceCosts
0
CY2020 lsf Preferred Stock Issuance Costs
PreferredStockIssuanceCosts
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CY2021 us-gaap Proceeds From Contributed Capital
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CY2020 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
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CY2021 lsf Proceeds From Restricted Stock Units Issued
ProceedsFromRestrictedStockUnitsIssued
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CY2020 lsf Proceeds From Restricted Stock Units Issued
ProceedsFromRestrictedStockUnitsIssued
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
197329
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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576247
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
75168930
CY2021 us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2020 us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
56203971
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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57208080
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1004109
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23049234
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
57208080
CY2021 lsf Supplemental Noncash Conversion Of Note Payable To Grant Income
SupplementalNoncashConversionOfNotePayableToGrantIncome
51000
CY2020 lsf Supplemental Noncash Conversion Of Note Payable To Grant Income
SupplementalNoncashConversionOfNotePayableToGrantIncome
0
CY2021 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-75223
CY2020 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
14433
CY2021 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
1834857
CY2020 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
0
CY2021 us-gaap Conversion Of Stock Amount Converted1
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0
CY2020 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
16575236
CY2021Q4 lsf Purchases Of Equipment Included In Deposits
PurchasesOfEquipmentIncludedInDeposits
0
CY2020Q4 lsf Purchases Of Equipment Included In Deposits
PurchasesOfEquipmentIncludedInDeposits
14699
CY2021 us-gaap Equipment Expense
EquipmentExpense
26141
CY2020 us-gaap Equipment Expense
EquipmentExpense
0
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:9.5pt;font-family:Times New Roman;font-style:italic;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.5pt;font-family:Times New Roman;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses during the reporting period. The Company bases its estimates and assumptions on historical experience, known trends and events and various other factors that management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Although management believes its estimates and assumptions are reasonable when made, they are based upon information available at the time they are made. Management evaluates the estimates and assumptions on an ongoing basis and, if necessary, makes adjustments. Due to the risks and uncertainties involved in the Company’s business and evolving market conditions and given the subjective element of the estimates and assumptions made, actual results may differ from estimated results. The most significant estimates and judgments include those related to the business combination, allowances for doubtful accounts and returns, inventory obsolescence, goodwill, intangible assets, valuation allowance for deferred taxes, reserves on prepaid expenses, and fair value of stock-based compensation.</span></p>
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56973896
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
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116571
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
234184
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23049234
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
57208080
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:9.5pt;font-family:Times New Roman;font-style:italic;">Concentration of Risk</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.5pt;font-family:Times New Roman;">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash on deposit and cash equivalents. At times, cash and cash equivalents balances may exceed the Federal Deposit Insurance Corporation (“FDIC”) insurable limits. The Company’s investment account (recognized as cash and cash equivalents) is with what the Company believes to be a high-quality issuer. The Company has never experienced any losses related to these balances. Non-interest-bearing amounts on deposit in excess of FDIC insurable limits as of December 31, 2021 and 2020 approximated $</span><span style="font-size:9.5pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.5pt;font-family:Times New Roman;">10,835,360</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.5pt;font-family:Times New Roman;"> and $</span><span style="font-size:9.5pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.5pt;font-family:Times New Roman;">6,639,821</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.5pt;font-family:Times New Roman;">, respectively.</span></p>
CY2021Q4 us-gaap Cash Uninsured Amount
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10835360
CY2020Q4 us-gaap Cash Uninsured Amount
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6639821
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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0
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2020Q4 us-gaap Inventory Net
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6295898
CY2020Q4 us-gaap Advances On Inventory Purchases
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CY2021 us-gaap Marketing Expense
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4491446
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
4771671
CY2020Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
4109706
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
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5449672
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2186192
CY2021Q4 us-gaap Inventory Net
InventoryNet
10221343
CY2021Q4 lsf Advances For Future Equipment Purchases
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489325
CY2020Q4 lsf Advances For Future Equipment Purchases
AdvancesForFutureEquipmentPurchases
0
CY2021Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
253750
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1030127
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
508170
CY2021 us-gaap Advertising Expense
AdvertisingExpense
7570879
CY2020 us-gaap Advertising Expense
AdvertisingExpense
4257963
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
152324
CY2020 us-gaap Marketing Expense
MarketingExpense
1568258
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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13124828
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7563110
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
7534
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
20532
CY2021 us-gaap Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
The Company’s board of directors and stockholders approved a 2-for-1 split of the Company’s common stock, which was effected on August 19, 2020. The split divided each share of the Company’s issued and outstanding common stock into two shares of common stock and correspondingly adjusted the conversion prices of its convertible preferred stock. No fractional shares were issued in connection with the split.
CY2021Q4 lsf Prepaid Consultancy Fees Current
PrepaidConsultancyFeesCurrent
0
CY2020Q4 lsf Prepaid Consultancy Fees Current
PrepaidConsultancyFeesCurrent
13962
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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0
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0
CY2021Q4 lsf Prepaid Software Costs
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455781
CY2020Q4 lsf Prepaid Software Costs
PrepaidSoftwareCosts
225567
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
240657
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:9.5pt;font-family:Times New Roman;font-style:italic;">Reclassification of Prior Period Presentation</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.5pt;font-family:Times New Roman;">Certain prior period amounts have been reclassified for consistency with the current year presentation. As a result, certain line items have been amended in the balance sheets, statements of operations, statements of cash flow, and the related notes to the consolidated financial statements with no impact to overall net loss.</span></p>
CY2021Q4 us-gaap Prepaid Insurance
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1586768
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1446189
CY2021Q4 us-gaap Advances On Inventory Purchases
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1009954
CY2020Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
958166
CY2020Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
0
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
459633
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
51111
CY2021Q4 lsf Prepaid Expense And Other Assets Current Gross
PrepaidExpenseAndOtherAssetsCurrentGross
4006543
CY2020Q4 lsf Prepaid Expense And Other Assets Current Gross
PrepaidExpenseAndOtherAssetsCurrentGross
2847319
CY2021Q4 us-gaap Inventory Valuation Reserves
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179000
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3827543
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2847319
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
8696093
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
8635077
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
8696093
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
8635077
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
0
CY2020Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
51000
CY2017Q2 us-gaap Debt Instrument Face Amount
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51000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5960310
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4407853
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1447375
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
894365
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4512935
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3513488
CY2021Q4 us-gaap Goodwill
Goodwill
6486000
CY2020Q4 us-gaap Goodwill
Goodwill
0
CY2021Q4 us-gaap Reporting Unit Percentage Of Fair Value In Excess Of Carrying Amount
ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount
0.50
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5118662
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
31807
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
411908
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
26815
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4706754
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4992
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4838854
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
137092
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
385093
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10152
CY2021 us-gaap Finite Lived Intangible Assets Amortization Method
FiniteLivedIntangibleAssetsAmortizationMethod
straight-line method
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
565441
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
564139
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
508268
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
485120
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
485120
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2098666
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4706754
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
685670
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
696286
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
717174
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
738689
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
760849
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
3105990
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
6704658
CY2021 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1180028
CY2020 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
856680
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
4972657
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3519871
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4987902
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2978937
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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105126
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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592048
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
102537
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
51114
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-17834
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0008
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
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11999882
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
7444857
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
686601
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
671562
CY2021Q4 lsf Deferred Tax Assets Federal Depreciation And Amortisation
DeferredTaxAssetsFederalDepreciationAndAmortisation
165216
CY2020Q4 lsf Deferred Tax Assets Federal Depreciation And Amortisation
DeferredTaxAssetsFederalDepreciationAndAmortisation
106526
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
98296
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
75702
CY2021Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
38447
CY2020Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
0
CY2021Q4 lsf Deferred Tax Assets Unexercised Options
DeferredTaxAssetsUnexercisedOptions
679688
CY2020Q4 lsf Deferred Tax Assets Unexercised Options
DeferredTaxAssetsUnexercisedOptions
0
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
13668130
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
8298647
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
568787
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
735537
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
17951
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
0
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
550836
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
735537
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
13117294
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
7563110
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13124828
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7563110
CY2021Q4 us-gaap Deferred Tax Assets Net
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7534
CY2020Q4 us-gaap Deferred Tax Assets Net
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0
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7534
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
10300
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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5561718
CY2021Q4 us-gaap Operating Loss Carryforwards
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48037477
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
28188867
CY2021Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
405289
CY2021Q4 lsf Unrecorded Tax Liabilities
UnrecordedTaxLiabilities
0
CY2020Q4 lsf Unrecorded Tax Liabilities
UnrecordedTaxLiabilities
0
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
887640
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.65
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y5M1D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
33433274
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
56541
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
20.78
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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100211
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.31
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
96170
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.57
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
747800
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.51
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y6M25D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1143013
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
552512
CY2020 us-gaap Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
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937366
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
26684957
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
56541
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
174078
CY2021 us-gaap Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
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772832
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
8.12
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y14D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2714963
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
788528
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.42
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M1D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4799381
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
174078
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
16.07
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
23434
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.34
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
51532
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.53
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
887640
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.65
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y5M1D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
33433274
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
660890
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.94
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M18D
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
219158
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2282174
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1613520
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2020 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M20D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5212
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.7129
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y2M23D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y2M23D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0072
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0069
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
5000000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 lsf Share Based Compensation Arrangement By Share Based Payment Weightedaverage Fair Value Of Options Granted
ShareBasedCompensationArrangementByShareBasedPaymentWeightedaverageFairValueOfOptionsGranted
20.78
CY2020 lsf Share Based Compensation Arrangement By Share Based Payment Weightedaverage Fair Value Of Options Granted
ShareBasedCompensationArrangementByShareBasedPaymentWeightedaverageFairValueOfOptionsGranted
18.28
CY2020Q4 us-gaap Temporary Equity Shares Authorized
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5000000
CY2021Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
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0
CY2020Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0
CY2020Q2 us-gaap Warrants And Rights Outstanding
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10000000
CY2020Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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0.005
CY2021 lsf Weighted Average Shares Outstanding Subscribed But Unissued
WeightedAverageSharesOutstandingSubscribedButUnissued
8320
CY2020 lsf Weighted Average Shares Outstanding Subscribed But Unissued
WeightedAverageSharesOutstandingSubscribedButUnissued
1000
CY2021 us-gaap Net Income Loss
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-23870546
CY2020 us-gaap Net Income Loss
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-12850301
CY2021 us-gaap Temporary Equity Dividends Adjustment
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0
CY2020 us-gaap Temporary Equity Dividends Adjustment
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825366
CY2021 us-gaap Warrant Down Round Feature Increase Decrease In Equity Amount
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0
CY2020 us-gaap Warrant Down Round Feature Increase Decrease In Equity Amount
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825366
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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-23870546
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14501033
CY2021 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8983294
CY2020 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5546078
CY2021 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
839050
CY2020 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
945027
CY2021 us-gaap Earnings Per Share Basic And Diluted
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-2.66
CY2020 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.61
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
36810953
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25783226
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10865914
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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9180584
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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36810953
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25783226
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1268718
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
839659
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9367559
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7396896
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
36810953
CY2021Q4 us-gaap Cost Of Goods And Services Sold
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7153814
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7667075
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
6998695
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5559498
CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
27379082
CY2021Q4 us-gaap Gross Profit
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2213745
CY2021Q3 us-gaap Gross Profit
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3198839
CY2021Q2 us-gaap Gross Profit
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2181889
CY2021Q1 us-gaap Gross Profit
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1837398
CY2021 us-gaap Gross Profit
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9431871
CY2021Q4 us-gaap General And Administrative Expense
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4398830
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4254124
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4162912
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3643396
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16459262
CY2021Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
171984
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
242604
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
374853
CY2021Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
240686
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1030127
CY2021Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4661135
CY2021Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4014753
CY2021Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3921289
CY2021Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3297721
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
15894898
CY2021Q4 us-gaap Operating Expenses
OperatingExpenses
9231949
CY2021Q3 us-gaap Operating Expenses
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8511481
CY2021Q2 us-gaap Operating Expenses
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8459054
CY2021Q1 us-gaap Operating Expenses
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7181803
CY2021 us-gaap Operating Expenses
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33384287
CY2021Q4 us-gaap Operating Income Loss
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-7018204
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-5312642
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-6277165
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-5344405
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-23952416
CY2021Q4 us-gaap Other Income Tax Expense Benefit Continuing Operations
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63458
CY2021Q3 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
10721
CY2021Q2 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
11624
CY2021Q1 us-gaap Other Income Tax Expense Benefit Continuing Operations
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