2024 Q1 Form 10-K Financial Statement

#000143774924008690 Filed on March 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $34.22M $36.05M $139.3M
YoY Change -1.93% 1.22% 3.88%
Cost Of Revenue $28.77M $29.23M $116.2M
YoY Change -2.17% -4.22% 2.27%
Gross Profit $5.448M $6.827M $23.10M
YoY Change -0.66% 33.76% 12.81%
Gross Profit Margin 15.92% 18.94% 16.58%
Selling, General & Admin $3.975M $3.858M $15.95M
YoY Change -4.33% -4.65% 5.34%
% of Gross Profit 72.96% 56.51% 69.04%
Research & Development $318.0K $292.0K $1.199M
YoY Change 15.22% -5.5% -18.05%
% of Gross Profit 5.84% 4.28% 5.19%
Depreciation & Amortization $482.0K $511.0K $1.891M
YoY Change -4.55% 6.9% 6.96%
% of Gross Profit 8.85% 7.48% 8.18%
Operating Expenses $4.293M $4.150M $17.15M
YoY Change -3.11% -4.71% 3.37%
Operating Profit $1.155M $2.677M $5.953M
YoY Change 9.69% 257.41% 53.11%
Interest Expense $167.0K -$122.0K $487.0K
YoY Change 51.82% 64.86% 18.49%
% of Operating Profit 14.46% -4.56% 8.18%
Other Income/Expense, Net -$167.0K -$487.0K
YoY Change 51.82% 18.49%
Pretax Income $988.0K $2.555M $5.466M
YoY Change 4.77% 278.52% 57.2%
Income Tax $223.0K -$1.797M -$1.408M
% Of Pretax Income 22.57% -70.33% -25.76%
Net Earnings $765.0K $4.352M $6.874M
YoY Change 12.33% -1242.26% 241.99%
Net Earnings / Revenue 2.24% 12.07% 4.93%
Basic Earnings Per Share $0.28 $2.53
Diluted Earnings Per Share $0.26 $1.51 $2.38
COMMON SHARES
Basic Shares Outstanding 2.740M 2.739M 2.722M
Diluted Shares Outstanding 2.908M 2.886M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.028M $960.0K $960.0K
YoY Change 217.92% -6.52% -6.52%
Cash & Equivalents $4.028M $960.0K
Short-Term Investments
Other Short-Term Assets $1.892M $2.413M $2.413M
YoY Change -42.65% -13.45% -13.45%
Inventory $22.95M $21.66M $21.66M
Prepaid Expenses
Receivables $16.05M $19.28M $33.76M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $59.12M $58.79M $58.79M
YoY Change 6.38% 7.17% 7.17%
LONG-TERM ASSETS
Property, Plant & Equipment $6.134M $6.513M $13.43M
YoY Change -6.25% 1.64% -5.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.640M $2.641M $2.641M
YoY Change
Total Long-Term Assets $16.34M $16.33M $16.33M
YoY Change 12.77% 11.27% 11.27%
TOTAL ASSETS
Total Short-Term Assets $59.12M $58.79M $58.79M
Total Long-Term Assets $16.34M $16.33M $16.33M
Total Assets $75.45M $75.13M $75.13M
YoY Change 7.7% 8.03% 8.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.22M $15.92M $15.92M
YoY Change 16.32% 7.65% 7.65%
Accrued Expenses $7.069M $6.234M $6.234M
YoY Change -14.89% -44.42% -44.42%
Deferred Revenue $3.139M $4.068M
YoY Change -35.01% 15.73%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $296.0K $356.0K $356.0K
YoY Change -24.87% -8.72% -8.72%
Total Short-Term Liabilities $25.72M $26.58M $26.58M
YoY Change -6.3% 0.7% 0.7%
LONG-TERM LIABILITIES
Long-Term Debt $6.338M $6.024M $6.024M
YoY Change 0.44% -18.79% -18.79%
Other Long-Term Liabilities $410.0K $414.0K $7.177M
YoY Change 336.17% 335.79% -6.11%
Total Long-Term Liabilities $13.73M $13.20M $13.20M
YoY Change 0.18% -12.36% -12.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $25.72M $26.58M $26.58M
Total Long-Term Liabilities $13.73M $13.20M $13.20M
Total Liabilities $39.45M $39.78M $39.78M
YoY Change -4.14% -4.04% -4.04%
SHAREHOLDERS EQUITY
Retained Earnings $19.44M $18.67M
YoY Change 55.77% 57.87%
Common Stock $27.00K $27.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.01M $35.34M $35.34M
YoY Change
Total Liabilities & Shareholders Equity $75.45M $75.13M $75.13M
YoY Change 7.7% 8.03% 8.03%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $765.0K $4.352M $6.874M
YoY Change 12.33% -1242.26% 241.99%
Depreciation, Depletion And Amortization $482.0K $511.0K $1.891M
YoY Change -4.55% 6.9% 6.96%
Cash From Operating Activities $2.828M -$412.0K $1.769M
YoY Change 64.61% -109.36% -67.25%
INVESTING ACTIVITIES
Capital Expenditures $744.0K $163.0K $1.284M
YoY Change 50.0% -77.07% -45.82%
Acquisitions
YoY Change
Other Investing Activities $9.000K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$735.0K -$163.0K -$1.284M
YoY Change 48.19% -77.07% -47.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $274.0K 1.107M -$1.281M
YoY Change -125.54% -134.07% -51.97%
NET CHANGE
Cash From Operating Activities $2.828M -412.0K $1.769M
Cash From Investing Activities -$735.0K -163.0K -$1.284M
Cash From Financing Activities $274.0K 1.107M -$1.281M
Net Change In Cash $2.353M 532.0K -$806.0K
YoY Change 1448.03% 20.36% -414.84%
FREE CASH FLOW
Cash From Operating Activities $2.828M -$412.0K $1.769M
Capital Expenditures $744.0K $163.0K $1.284M
Free Cash Flow $2.084M -$575.0K $485.0K
YoY Change 70.54% -115.58% -84.0%

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DeferredIncomeTaxExpenseBenefit
0 usd
CY2023 nsys Change In Accounts Receivable Allowance
ChangeInAccountsReceivableAllowance
24000 usd
CY2023 nsys Change In Inventory Reserves
ChangeInInventoryReserves
26000 usd
CY2023 nsys Noncash Foreign Currency Transaction Gain Loss
NoncashForeignCurrencyTransactionGainLoss
-2000 usd
CY2022 nsys Noncash Foreign Currency Transaction Gain Loss
NoncashForeignCurrencyTransactionGainLoss
72000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3432000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1746000 usd
CY2023 nsys Increase Decrease Employee Retention Credit Receivable
IncreaseDecreaseEmployeeRetentionCreditReceivable
-2650000 usd
CY2022 nsys Increase Decrease Employee Retention Credit Receivable
IncreaseDecreaseEmployeeRetentionCreditReceivable
-2574000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-716000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2985000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
4514000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1283000 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
147000 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-317000 usd
CY2023 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
832000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-643000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
483000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2216000 usd
CY2023 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-661000 usd
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
783000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
553000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
550000 usd
CY2022 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
301000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5402000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
125602000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
121468000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
390000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
599000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
159000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
51000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1281000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2667000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-53000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-806000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
256000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2481000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2225000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
960000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1027000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
715000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1454000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1675000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2481000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
503000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
476000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1751000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
237000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
680000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
261000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
44000 usd
CY2023 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 usd
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
41000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
26111000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
2010000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-426000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
0 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
334000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
28080000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
6874000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-162000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
159000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
423000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
35344000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b><i>Use of Estimates</i></b></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of our consolidated financial statements. Estimates also affect the reported amounts of net sales and expense during the reporting period. Significant items subject to estimates and assumptions include the valuation allowance for inventories, allowance for doubtful accounts, realizability of deferred tax assets and long-lived asset recovery. Actual results could differ from those estimates.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
200000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
715000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1454000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
358000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
334000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
20863000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
21673000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1033000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1238000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
934000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
671000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1170000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1144000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
21660000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
22438000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26938000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
24979000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6513000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6408000 usd
CY2023 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.12 pure
CY2023Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1
CY2023 nsys Percentage Of Revenue Transferred To Customers
PercentageOfRevenueTransferredToCustomers
0.79 pure
CY2022 nsys Percentage Of Revenue Transferred To Customers
PercentageOfRevenueTransferredToCustomers
0.72 pure
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
8698000 usd
CY2022 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
96924000 usd
CY2022 nsys Contract With Customer Asset Increase Decrease Product Transferred Over Time
ContractWithCustomerAssetIncreaseDecreaseProductTransferredOverTime
95640000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
9982000 usd
CY2023 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
110195000 usd
CY2023 nsys Contract With Customer Asset Increase Decrease Product Transferred Over Time
ContractWithCustomerAssetIncreaseDecreaseProductTransferredOverTime
105696000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
14481000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
139332000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
134123000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
84000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
63000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
163744
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
205907
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
139332000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
134123000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6513000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6917000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
2641000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
263000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6408000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7850000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
422000 usd
CY2023 us-gaap Cumulative Translation Adjustment Net Of Tax Period Increase Decrease
CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-162000 usd
CY2022 us-gaap Cumulative Translation Adjustment Net Of Tax Period Increase Decrease
CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
426000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
54000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
42000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P3Y2M12D
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
2290000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2309000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
39000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
63000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
727000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
730000 usd
CY2023 us-gaap Lease Cost
LeaseCost
3056000 usd
CY2022 us-gaap Lease Cost
LeaseCost
3102000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6917000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7850000 usd
CY2023Q4 nsys Finance And Operating Leases Right Of Use Asset
FinanceAndOperatingLeasesRightOfUseAsset
7553000 usd
CY2022Q4 nsys Finance And Operating Leases Right Of Use Asset
FinanceAndOperatingLeasesRightOfUseAsset
9213000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1033000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1155000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
356000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
390000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6763000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7549000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
209000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
565000 usd
CY2023Q4 nsys Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
8361000 usd
CY2022Q4 nsys Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
9659000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1792000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1721000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
261000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
44000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1611000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
378000 usd
CY2023Q4 nsys Lessee Operating And Finance Lease Liability Payments Due Year One
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearOne
1989000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1361000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
108000 usd
CY2023Q4 nsys Lessee Operating And Finance Lease Liability Payments Due Year Two
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
1469000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1307000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
109000 usd
CY2023Q4 nsys Lessee Operating And Finance Lease Liability Payments Due Year Three
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
1416000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1256000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q4 nsys Lessee Operating And Finance Lease Liability Payments Due Year Four
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
1256000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1279000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 nsys Lessee Operating And Finance Lease Liability Payments Due Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
1279000 usd
CY2023Q4 nsys Lessee Operating Lease Liability To Be Paid After Year Five
LesseeOperatingLeaseLiabilityToBePaidAfterYearFive
4539000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 nsys Lessee Operating And Finance Lease Liability Payments Due After Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
4539000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
11353000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
595000 usd
CY2023Q4 nsys Lessee Operating And Finance Lease Liability Payments Due
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDue
11948000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3557000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
30000 usd
CY2023Q4 nsys Lessee Operating And Finance Lease Liability Undiscounted Excess Amount
LesseeOperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
3587000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7796000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
565000 usd
CY2023Q4 nsys Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
8361000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.079 pure
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.053 pure
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
388000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
855000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
75000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
55000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
491000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
557000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2360000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-241000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
239000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1408000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1467000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1148000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
572000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
79000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
41000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-124000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-82000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
-316000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
0 usd
CY2023 nsys Effective Income Tax Rate Reconciliation Change In State Deferred Rate
EffectiveIncomeTaxRateReconciliationChangeInStateDeferredRate
0 usd
CY2022 nsys Effective Income Tax Rate Reconciliation Change In State Deferred Rate
EffectiveIncomeTaxRateReconciliationChangeInStateDeferredRate
29000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-2563000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
587000 usd
CY2023 nsys Effective Income Tax Rate Reconciliation Foreign Income Tax Applicable Amount
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxApplicableAmount
158000 usd
CY2022 nsys Effective Income Tax Rate Reconciliation Foreign Income Tax Applicable Amount
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxApplicableAmount
153000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-44000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
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