2023 Q2 Form 10-Q Financial Statement

#000080786323000114 Filed on October 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q2
Revenue $43.07M
YoY Change 9.5%
Cost Of Revenue $5.710M
YoY Change 25.03%
Gross Profit $37.36M
YoY Change 7.46%
Gross Profit Margin 86.74%
Selling, General & Admin $21.88M
YoY Change 22.66%
% of Gross Profit 58.58%
Research & Development $7.461M
YoY Change -20.72%
% of Gross Profit 19.97%
Depreciation & Amortization $4.680M
YoY Change -9.3%
% of Gross Profit 12.53%
Operating Expenses $29.35M
YoY Change 7.68%
Operating Profit $1.792M
YoY Change -76.15%
Interest Expense $2.362M
YoY Change -213.72%
% of Operating Profit 131.81%
Other Income/Expense, Net $925.0K
YoY Change 1787.76%
Pretax Income $355.0K
YoY Change -143.67%
Income Tax $800.0K
% Of Pretax Income 225.35%
Net Earnings -$428.0K
YoY Change -49.77%
Net Earnings / Revenue -0.99%
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share -$0.01
COMMON SHARES
Basic Shares Outstanding 45.51M shares
Diluted Shares Outstanding 46.47M shares

Balance Sheet

Concept 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $128.1M
YoY Change 80.35%
Cash & Equivalents $87.49M
Short-Term Investments $40.65M
Other Short-Term Assets $2.828M
YoY Change -65.03%
Inventory
Prepaid Expenses $2.227M
Receivables $37.62M
Other Receivables $0.00
Total Short-Term Assets $178.2M
YoY Change 56.43%
LONG-TERM ASSETS
Property, Plant & Equipment $3.010M
YoY Change -67.37%
Goodwill $131.5M
YoY Change 2.77%
Intangibles
YoY Change
Long-Term Investments $2.800M
YoY Change -85.67%
Other Assets $1.533M
YoY Change -91.14%
Total Long-Term Assets $239.2M
YoY Change -8.36%
TOTAL ASSETS
Total Short-Term Assets $178.2M
Total Long-Term Assets $239.2M
Total Assets $417.5M
YoY Change 11.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.733M
YoY Change 84.12%
Accrued Expenses $1.231M
YoY Change -91.14%
Deferred Revenue $12.79M
YoY Change -3.28%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $100.0K
YoY Change 0.0%
Total Short-Term Liabilities $53.69M
YoY Change 22.73%
LONG-TERM LIABILITIES
Long-Term Debt $134.8M
YoY Change 6.85%
Other Long-Term Liabilities $1.573M
YoY Change -80.84%
Total Long-Term Liabilities $1.573M
YoY Change -98.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.69M
Total Long-Term Liabilities $1.573M
Total Liabilities $209.8M
YoY Change 5.65%
SHAREHOLDERS EQUITY
Retained Earnings -$8.530M
YoY Change -46.97%
Common Stock $225.7M
YoY Change 6.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $207.6M
YoY Change
Total Liabilities & Shareholders Equity $417.5M
YoY Change 11.33%

Cashflow Statement

Concept 2023 Q2
OPERATING ACTIVITIES
Net Income -$428.0K
YoY Change -49.77%
Depreciation, Depletion And Amortization $4.680M
YoY Change -9.3%
Cash From Operating Activities $16.55M
YoY Change 161.58%
INVESTING ACTIVITIES
Capital Expenditures $290.0K
YoY Change -198.31%
Acquisitions
YoY Change
Other Investing Activities -$11.82M
YoY Change 9916.95%
Cash From Investing Activities -$12.11M
YoY Change 2832.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 60.00K
YoY Change -100.77%
NET CHANGE
Cash From Operating Activities 16.55M
Cash From Investing Activities -12.11M
Cash From Financing Activities 60.00K
Net Change In Cash 4.500M
YoY Change -341.55%
FREE CASH FLOW
Cash From Operating Activities $16.55M
Capital Expenditures $290.0K
Free Cash Flow $16.26M
YoY Change 145.55%

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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
771000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-189000 usd
CY2023Q2 mitk Number Of Financial Institutions That Signed Agreement To Deploy Mobile Deposit
NumberOfFinancialInstitutionsThatSignedAgreementToDeployMobileDeposit
7900 institution
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-indent:28pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:28pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, expenses, deferred taxes, and related disclosure of contingent assets and liabilities. On an ongoing basis, management reviews its estimates based upon currently available information. Actual results could </span></div>differ materially from those estimates. These estimates include, but are not limited to, assessing the collectability of accounts receivable, estimation of the value of stock-based compensation awards, fair value of assets and liabilities acquired, impairment of goodwill, useful lives of intangible assets, fair value of debt derivatives, standalone selling price related to revenue recognition, contingent consideration, and income taxes.
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:12pt;text-indent:28pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications</span></div><div style="margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A reclassification has been made to the prior periods’ condensed consolidated financial statements in order to conform to the current period presentation. Accrued interest payable and income tax payables were included in the other current liabilities line in the condensed consolidated balance sheet as of September 30, 2022, however, they have been presented separately in the condensed consolidated balance sheet as of June 30, 2023 so that the total of the other current liabilities line is less than five percent of total current liabilities.</span></div>
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Net Income Loss
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44669000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
471000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
555000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46473000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45224000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2022Q2 us-gaap Earnings Per Share Basic
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CY2023Q2 us-gaap Earnings Per Share Diluted
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CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39195000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
134896000 usd
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CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
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1800000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
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CY2022Q3 us-gaap Unbilled Receivables Current
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us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
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us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
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CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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0 usd
CY2022Q3 us-gaap Restructuring Reserve
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901000 usd
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us-gaap Payments For Restructuring
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us-gaap Restructuring Reserve Translation Adjustment
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55000 usd
CY2023Q2 us-gaap Restructuring Reserve
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CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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0 usd
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
372000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1413000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
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40700000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
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2800000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
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CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
10600000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Securities Current
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40651000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Securities Noncurrent
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CY2023Q2 us-gaap Assets Fair Value Disclosure
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CY2023Q2 us-gaap Financial Liabilities Fair Value Disclosure
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CY2022Q3 us-gaap Available For Sale Securities Debt Securities Noncurrent
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CY2022Q3 us-gaap Assets Fair Value Disclosure
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CY2022Q3 us-gaap Business Combination Contingent Consideration Liability Current
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CY2022Q3 us-gaap Financial Liabilities Fair Value Disclosure
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CY2023Q2 us-gaap Goodwill
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CY2022Q3 us-gaap Goodwill
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us-gaap Goodwill Foreign Currency Translation Gain Loss
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11349000 usd
CY2023Q2 us-gaap Goodwill
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CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
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CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
58203000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
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CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
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CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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52861000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
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CY2023Q2 us-gaap Amortization Of Intangible Assets
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4300000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
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4700000 usd
us-gaap Amortization Of Intangible Assets
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13300000 usd
us-gaap Amortization Of Intangible Assets
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9200000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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15050000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
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CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11410000 usd
CY2023Q2 mitk Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
13772000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
70414000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
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2644000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10117000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
22700000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M24D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.46
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y8M12D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1512000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.36
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y6M
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2273000 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
652419 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
7.36
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
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CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2273000 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.32
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
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CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2261000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
300000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
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CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
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us-gaap Treasury Stock Value Acquired Cost Method
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14800000 usd
us-gaap Treasury Stock Shares Acquired
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us-gaap Treasury Stock Acquired Average Cost Per Share
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16.73
CY2023Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2022Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Effective Income Tax Rate Continuing Operations
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P4Y8M12D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2023Q2 us-gaap Operating Lease Right Of Use Asset
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CY2022Q3 us-gaap Operating Lease Liability
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CY2023Q2 us-gaap Lease Cost
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CY2022Q2 us-gaap Lease Cost
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us-gaap Lease Cost
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us-gaap Lease Cost
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us-gaap Operating Lease Payments
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562000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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636000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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627000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
424000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
589000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5315000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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224000 usd
CY2023Q2 us-gaap Operating Lease Liability
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5091000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q2 us-gaap Short Term Investments
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CY2022Q2 us-gaap Contract With Customer Asset Net Current
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3194000 usd
CY2022Q2 us-gaap Assets Current
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112024000 usd
CY2022Q2 us-gaap Long Term Investments
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19534000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
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3802000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
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5673000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
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CY2022Q2 us-gaap Goodwill
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CY2022Q2 us-gaap Deferred Income Tax Assets Net
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CY2022Q2 us-gaap Assets
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CY2022Q2 us-gaap Contract With Customer Liability Current
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CY2022Q2 us-gaap Restructuring Reserve Current
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1409000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
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CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
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19227000 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
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1833000 usd
CY2022Q2 us-gaap Liabilities
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CY2022Q2 us-gaap Commitments And Contingencies
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CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2022Q2 us-gaap Preferred Stock Shares Authorized
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CY2022Q2 us-gaap Preferred Stock Shares Issued
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CY2022Q2 us-gaap Preferred Stock Shares Outstanding
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CY2022Q2 us-gaap Preferred Stock Value
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CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
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CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
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CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2022Q2 us-gaap Common Stock Shares Authorized
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120000000 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
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CY2022Q2 us-gaap Common Stock Shares Issued
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CY2021Q3 us-gaap Common Stock Shares Outstanding
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CY2021Q3 us-gaap Common Stock Shares Issued
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CY2022Q2 us-gaap Common Stock Value
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CY2022Q2 us-gaap Additional Paid In Capital Common Stock
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CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
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CY2022Q2 us-gaap Stockholders Equity
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CY2022Q2 us-gaap Liabilities And Stockholders Equity
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CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q2 us-gaap Selling And Marketing Expense
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CY2022Q2 us-gaap Research And Development Expense
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8411000 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6591000 usd
CY2022Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4493000 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
1807000 usd
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
38302000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
893000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
2077000 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
89000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1095000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-880000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-215000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44669000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45224000 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-215000 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-13595000 usd
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
909000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12901000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
105178000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
28859000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21914000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18628000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
10777000 usd
us-gaap Restructuring Charges
RestructuringCharges
1807000 usd
us-gaap Costs And Expenses
CostsAndExpenses
96775000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
8403000 usd
us-gaap Interest Expense
InterestExpense
6125000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2276000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1068000 usd
us-gaap Net Income Loss
NetIncomeLoss
3344000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44721000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45793000 shares
us-gaap Net Income Loss
NetIncomeLoss
3344000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-16724000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-189000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-13569000 usd
us-gaap Net Income Loss
NetIncomeLoss
3344000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10117000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9176000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1064000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1348000 usd
us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
5239000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-1278000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1705000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
12233000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1737000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
848000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1147000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-2643000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1917000 usd
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
1900000 usd
mitk Increase Decrease In Other Operating Liabilities And Income Taxes Payable
IncreaseDecreaseInOtherOperatingLiabilitiesAndIncomeTaxesPayable
1205000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16013000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
47818000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
173198000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
126607000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
929000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2156000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1162000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14828000 usd
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
6770000 usd
mitk Noncash Or Part Noncash Acquisition Shares Issued
NoncashOrPartNoncashAcquisitionSharesIssued
1041000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
36000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-21513000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1113000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8769000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30312000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21543000 usd
us-gaap Stock Issued1
StockIssued1
2722000 usd
us-gaap Interest Paid Net
InterestPaidNet
597000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
819000 usd
mitk Reclassification Of Derivative Liability And Asset Noncurrent To Additional Paid In Capital
ReclassificationOfDerivativeLiabilityAndAssetNoncurrentToAdditionalPaidInCapital
42821000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-189000 usd

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