2021 Q4 Form 10-Q Financial Statement

#000095017021004616 Filed on November 15, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $26.64M $24.05M $15.64M
YoY Change 53.75%
Cost Of Revenue $11.64M $10.33M $6.319M
YoY Change 63.48%
Gross Profit $15.00M $13.72M $9.320M
YoY Change 47.16%
Gross Profit Margin 56.31% 57.04% 59.59%
Selling, General & Admin $23.26M $1.900M $600.0K
YoY Change 12833.49% 216.67%
% of Gross Profit 155.07% 13.85% 6.44%
Research & Development $10.67M $9.761M $4.031M
YoY Change 142.15%
% of Gross Profit 71.13% 71.17% 43.25%
Depreciation & Amortization $451.0K $1.269M
YoY Change
% of Gross Profit 3.01% 9.25%
Operating Expenses $33.93M $36.10M $12.90M
YoY Change 18766.09% 179.76%
Operating Profit -$18.93M -$22.38M -$3.582M
YoY Change 524.79%
Interest Expense $1.645M $6.000K $23.00K
YoY Change -200.38% -73.91%
% of Operating Profit
Other Income/Expense, Net $20.60M -$48.00K -$25.00K
YoY Change -3522.15% 92.0%
Pretax Income $3.318M $21.70M -$3.693M
YoY Change -237.08% -687.6%
Income Tax $57.00K -$3.000K $26.00K
% Of Pretax Income 1.72% -0.01%
Net Earnings $3.261M $21.70M -$3.719M
YoY Change -234.72% -683.57%
Net Earnings / Revenue 12.24% 90.26% -23.78%
Basic Earnings Per Share $0.13 -$0.10
Diluted Earnings Per Share $17.11K $0.13 -$0.10
COMMON SHARES
Basic Shares Outstanding 185.9M 162.9M 38.55M
Diluted Shares Outstanding 167.1M 38.55M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $288.6M $296.7M $1.066M
YoY Change 31276.03% 27739.44%
Cash & Equivalents $288.6M $296.7M $56.60M
Short-Term Investments
Other Short-Term Assets $511.0K $511.00 $369.9K
YoY Change -62.78% -99.86%
Inventory $10.38M $11.27M
Prepaid Expenses $3.921M $5.397M
Receivables $26.78M $24.07M
Other Receivables $0.00 $0.00
Total Short-Term Assets $330.2M $338.0M $1.436M
YoY Change 289.66% 23440.59%
LONG-TERM ASSETS
Property, Plant & Equipment $6.349M $5.335M
YoY Change 48.31%
Goodwill $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments $215.0M
YoY Change
Other Assets $776.0K $773.0K
YoY Change 32.88%
Total Long-Term Assets $7.125M $6.108M $215.0M
YoY Change 46.45% -97.16%
TOTAL ASSETS
Total Short-Term Assets $330.2M $338.0M $1.436M
Total Long-Term Assets $7.125M $6.108M $215.0M
Total Assets $337.3M $344.1M $216.4M
YoY Change 276.45% 58.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.40M $2.213M $34.96K
YoY Change 238.47% 6230.09%
Accrued Expenses $7.411M $13.64M $127.0K
YoY Change -9.27% 10640.94%
Deferred Revenue $6.288M $5.552M
YoY Change 1.48%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $25.41M $21.70M $162.0K
YoY Change 40.92% 13298.37%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $2.646M $4.284M $7.525M
YoY Change 385.5% -43.07%
Total Long-Term Liabilities $2.646M $4.284M $7.525M
YoY Change -52.47% -43.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $25.41M $21.70M $162.0K
Total Long-Term Liabilities $2.646M $4.284M $7.525M
Total Liabilities $93.15M $111.0M $7.687M
YoY Change 237.75% 1343.47%
SHAREHOLDERS EQUITY
Retained Earnings -$75.71M -$78.97M
YoY Change -4.85%
Common Stock $19.00K $19.00K
YoY Change 375.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $244.2M $233.1M $208.8M
YoY Change
Total Liabilities & Shareholders Equity $337.3M $344.1M $216.4M
YoY Change 276.45% 58.97%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $3.261M $21.70M -$3.719M
YoY Change -234.72% -683.57%
Depreciation, Depletion And Amortization $451.0K $1.269M
YoY Change
Cash From Operating Activities -$6.907M -$38.18M -$393.9K
YoY Change 3024.63% 9592.85%
INVESTING ACTIVITIES
Capital Expenditures -$1.465M -$2.323M
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$215.0M
YoY Change
Cash From Investing Activities -$1.465M -$2.323M -$215.0M
YoY Change -98.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 240.0K 279.1M 216.5M
YoY Change 220.0% 28.96%
NET CHANGE
Cash From Operating Activities -6.907M -38.18M -393.9K
Cash From Investing Activities -1.465M -2.323M -215.0M
Cash From Financing Activities 240.0K 279.1M 216.5M
Net Change In Cash -8.132M 238.6M 1.066M
YoY Change 5467.96% 22288.56%
FREE CASH FLOW
Cash From Operating Activities -$6.907M -$38.18M -$393.9K
Capital Expenditures -$1.465M -$2.323M
Free Cash Flow -$5.442M -$35.86M
YoY Change

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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1195000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-10020000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-83941000
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
233133000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-60361000
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
600000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
504000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-5245000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-64502000
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
55000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
503000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-5689000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-69633000
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
172000
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
521000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-3719000
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-72659000
mkfg Business Combination Stock Exchange Ratio
BusinessCombinationStockExchangeRatio
0.9522514
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
79000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
42710000
us-gaap Share Based Compensation
ShareBasedCompensation
11395000
us-gaap Share Based Compensation
ShareBasedCompensation
1528000
mkfg Transaction Costs Expensed
TransactionCostsExpensed
1996000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7676000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4485000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4869000
mkfg Increase Decrease In Deferred Rent Credit Non Current
IncreaseDecreaseInDeferredRentCreditNonCurrent
352000
mkfg Increase Decrease In Deferred Rent Credit Non Current
IncreaseDecreaseInDeferredRentCreditNonCurrent
-112000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-418000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1690000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-38795000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3500000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3901000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
70000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-861000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1090000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
185000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4317000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1068000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-7000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-391000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6202000
us-gaap Net Income Loss
NetIncomeLoss
594000
us-gaap Net Income Loss
NetIncomeLoss
-14653000
us-gaap Depreciation
Depreciation
1269000
us-gaap Depreciation
Depreciation
1361000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
205000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
111000
us-gaap Inventory Write Down
InventoryWriteDown
152000
us-gaap Inventory Write Down
InventoryWriteDown
458000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-170000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8992000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2323000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
375000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2323000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-375000
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-5022000
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
5022000
mkfg Proceeds From Merger
ProceedsFromMerger
132926000
mkfg Proceeds From Pipe Investment
ProceedsFromPIPEInvestment
210000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
45000000
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
16043000
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
550000
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
450000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1727000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
828000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
98000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
279138000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
238020000
CY2021Q3 mkfg Common Stock Shares Issued Immediately After Merger
CommonStockSharesIssuedImmediatelyAfterMerger
185251837
mkfg Contingent Forfeited Sponsor Shares Pending Sponsor Earnout Triggering Event
ContingentForfeitedSponsorSharesPendingSponsorEarnoutTriggeringEvent
2610000
CY2021Q3 mkfg Convertible Legacy Markforged Shares
ConvertibleLegacyMarkforgedShares
151005831
mkfg Proceeds From Merger Including Contribution Cash Held In Trust
ProceedsFromMergerIncludingContributionCashHeldInTrust
360900000
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
215100000
CY2021Q3 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
64200000
mkfg Cash In Connection With Pipe Financing
CashInConnectionWithPipeFinancing
210000000.0
us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
34500000
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
963000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3165000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
58715000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59768000
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
296735000
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56603000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
152000
mkfg Recognition Of Contingent Earnout Liability Related To Earnout Shares
RecognitionOfContingentEarnoutLiabilityRelatedToEarnoutShares
123129000
mkfg Recognition Of One Public Warrant Acquired As Part Of The Merger In Additional Paid In Capital
RecognitionOfOnePublicWarrantAcquiredAsPartOfTheMergerInAdditionalPaidInCapital
9729000
mkfg Recognition Of Private Placement Warrant Liability Upon Merger
RecognitionOfPrivatePlacementWarrantLiabilityUponMerger
5702000
mkfg Exercise Of Common Stock Warrants Net Of Shares Withheld For Exercise
ExerciseOfCommonStockWarrantsNetOfSharesWithheldForExercise
1793000
mkfg Conversion Of Convertible Preferred Stock Into Common Stock Upon Reverse Recapitalization
ConversionOfConvertiblePreferredStockIntoCommonStockUponReverseRecapitalization
138047000
us-gaap Notes Assumed1
NotesAssumed1
170000
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
mkfg Business Acquisition Common Stock Exchange Ratio
BusinessAcquisitionCommonStockExchangeRatio
0.9522514
CY2021Q3 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
143795504
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5220000
CY2021Q3 mkfg Legacy Markforged Shares
LegacyMarkforgedShares
143795504
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
387000
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;">Use of Estimates</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The </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:10.0pt;font-family:Times New Roman;">preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> </span></p><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">liabilities </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:10.0pt;font-family:Times New Roman;">at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management’s significant estimates include allowance for doubtful accounts, reserve for excess and obsolete inventory, fair value of the contingent earnout liability, fair value of earnout share awards, fair value of the private placement warrant liability, and assumptions in revenue recognition. Actual results could differ from those estimates.</span>
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1165000
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1104000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1070000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1038000
CY2021Q3 mkfg Accounts Receivable Allowance For Credit Loss Additions
AccountsReceivableAllowanceForCreditLossAdditions
226000
CY2020Q3 mkfg Accounts Receivable Allowance For Credit Loss Additions
AccountsReceivableAllowanceForCreditLossAdditions
101000
mkfg Accounts Receivable Allowance For Credit Loss Additions
AccountsReceivableAllowanceForCreditLossAdditions
604000
mkfg Accounts Receivable Allowance For Credit Loss Additions
AccountsReceivableAllowanceForCreditLossAdditions
498000
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
248000
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
223000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
312000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
237000
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
180000
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
70000
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
399000
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
912000
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
963000
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
912000
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;">Concentration of Credit Risk</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;"> </span></p><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">Financial instruments which potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents held on deposit at one financial institution and accounts receivable. The Company does not require collateral from customers for amounts owed. At September 30, 2021</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:10.0pt;font-family:Times New Roman;">, </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">one</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:10.0pt;font-family:Times New Roman;"> customer represented </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">14</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:10.0pt;font-family:Times New Roman;">% of the accounts receivable balance and at </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:10.0pt;font-family:Times New Roman;">December 31, 2020, </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">no</span><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> one customer</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:10.0pt;font-family:Times New Roman;"> represented greater than </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">10</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:10.0pt;font-family:Times New Roman;">% of the accounts receivable balance. For the </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:10.0pt;font-family:Times New Roman;">three months ended September 30, 2021</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:10.0pt;font-family:Times New Roman;">, </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">one</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:10.0pt;font-family:Times New Roman;"> customer represented </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">14</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:10.0pt;font-family:Times New Roman;">% of the total revenue, and for the </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:10.0pt;font-family:Times New Roman;">nine months ended September 30, </span><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">2021</span><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">no</span><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> one customer</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:10.0pt;font-family:Times New Roman;"> represented more than </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">10</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:10.0pt;font-family:Times New Roman;">% of total revenue. For the </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:10.0pt;font-family:Times New Roman;">three months ended September 30, 2020</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:10.0pt;font-family:Times New Roman;">, </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">one</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:10.0pt;font-family:Times New Roman;"> customer represented </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">11</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:10.0pt;font-family:Times New Roman;">% of the total revenue, and for the </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:10.0pt;font-family:Times New Roman;">nine months ended September 30, 2020,</span><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">no</span><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> one customer</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:10.0pt;font-family:Times New Roman;"> represented more than </span><span style="font-size:10.0pt;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:10.0pt;font-family:Times New Roman;">10</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:10.0pt;font-family:Times New Roman;">% of total revenue. Historically, the Company has not experienced any significant credit loss related to any individual customer</span>
CY2020Q3 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
1390000
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1900000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5000000.0
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
600000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2000000.0
CY2021Q2 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
568000
CY2020Q2 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
1367000
CY2020Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
564000
CY2019Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
1260000
CY2021Q3 us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
155000
CY2020Q3 us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
338000
us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
395000
us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
820000
CY2021Q3 us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
130000
CY2020Q3 us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
315000
us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
366000
us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
690000
CY2021Q3 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
593000
CY2020Q3 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
1390000
CY2021Q3 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
593000
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1300000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4200000
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1300000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1500000
CY2021Q3 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
2400000
CY2021Q3 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
3800000
CY2021Q3 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
1700000
CY2021Q3 mkfg Contractual Obligation Due After Second Year
ContractualObligationDueAfterSecondYear
800000
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1669000
CY2021Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
86000
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
79000
CY2021Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
9218000
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4805000
CY2021Q3 us-gaap Inventory Net
InventoryNet
11270000
CY2020Q4 us-gaap Inventory Net
InventoryNet
6553000
CY2021Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
800000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24045000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15639000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
64584000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
47514000
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11010000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8687000
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5675000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4406000
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5335000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4281000
CY2021Q3 mkfg Depreciation Expense
DepreciationExpense
400000
mkfg Depreciation Expense
DepreciationExpense
1300000
CY2020Q3 mkfg Depreciation Expense
DepreciationExpense
500000
mkfg Depreciation Expense
DepreciationExpense
1400000
CY2020Q4 mkfg Var Commissions
VarCommissions
520000
CY2021Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
5122000
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2907000
CY2021Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
1966000
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
800000
CY2021Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
593000
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
564000
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4057000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3100000
CY2021Q3 mkfg Var Commissions
VarCommissions
1172000
CY2021Q3 mkfg Accrued Marketing And Advertising Costs Current
AccruedMarketingAndAdvertisingCostsCurrent
1498000
CY2020Q4 mkfg Accrued Marketing And Advertising Costs Current
AccruedMarketingAndAdvertisingCostsCurrent
780000
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1199000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
297000
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
13641000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8168000
CY2020Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
113419184
CY2020Q4 mkfg Temporary Equity Shares Issued And Outstanding
TemporaryEquitySharesIssuedAndOutstanding
107592801
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
137497000
CY2020Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
137876000
CY2021Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
57125000
CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
130804276
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
132200000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2800000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
521000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5774000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1528000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
162942990
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38545607
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81373265
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38149992
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2800000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
521000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5774000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1528000
mkfg Earnout Period
EarnoutPeriod
P5Y
CY2021Q3 us-gaap Share Price
SharePrice
6.56
CY2021Q3 us-gaap Share Price
SharePrice
8.97
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.7000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.7000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0093
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0085
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y9M14D
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2020Q3 mkfg Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-3719000
mkfg Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
594000
mkfg Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-14653000
CY2021Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2021Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
mkfg Number Of Spaces Leased
NumberOfSpacesLeased
2
CY2021Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
600000
CY2020Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
500000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1900000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1600000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
476000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2866000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3070000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2132000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2088000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
5088000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
15720000
CY2021Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
0
CY2021Q3 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
0
us-gaap Common Stock Conversion Features
CommonStockConversionFeatures
As a result of the Merger, the Company has retroactively adjusted the weighted-average number of shares of common stock outstanding prior to the Merger closing date by multiplying them by the Exchange Ratio used to determine the number of shares of common stock into which they converted
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
21703000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-3719000
us-gaap Net Income Loss
NetIncomeLoss
594000
us-gaap Net Income Loss
NetIncomeLoss
-14653000
CY2021Q3 mkfg Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
21703000
CY2021Q3 mkfg Weighted Average Number Of Unvested Options Shares Outstanding
WeightedAverageNumberOfUnvestedOptionsSharesOutstanding
4148330
mkfg Weighted Average Number Of Unvested Options Shares Outstanding
WeightedAverageNumberOfUnvestedOptionsSharesOutstanding
4033901
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
167091320
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38545607
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85407166
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38149992
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.38
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.38
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27036404
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27036404
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
115373537
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
115373537
CY2021Q3 us-gaap Revenues
Revenues
24045000
CY2020Q3 us-gaap Revenues
Revenues
15639000
us-gaap Revenues
Revenues
64584000
us-gaap Revenues
Revenues
47514000

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