2023 Q4 Form 10-Q Financial Statement

#000186872623000096 Filed on November 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $111.7M $123.6M
YoY Change -14.54% -29.98%
Cost Of Revenue $34.94M $40.01M
YoY Change -9.56% -14.2%
Gross Profit $76.78M $83.55M
YoY Change -16.63% -35.65%
Gross Profit Margin 68.73% 67.62%
Selling, General & Admin $49.17M $36.43M
YoY Change 41.93% 18.26%
% of Gross Profit 64.04% 43.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.63M $13.00M
YoY Change -2.37% 25.86%
% of Gross Profit 16.44% 15.56%
Operating Expenses $59.62M $46.81M
YoY Change 32.37% 13.8%
Operating Profit $17.16M $36.74M
YoY Change -63.52% -58.58%
Interest Expense -$8.867M $9.510M
YoY Change -15.75% -9.42%
% of Operating Profit -51.66% 25.89%
Other Income/Expense, Net $1.548M -$970.0K
YoY Change -3.01% -56.91%
Pretax Income $17.25M $26.26M
YoY Change -58.14% -65.42%
Income Tax $3.147M $5.891M
% Of Pretax Income 18.25% 22.44%
Net Earnings $14.10M $20.37M
YoY Change -58.07% -66.48%
Net Earnings / Revenue 12.62% 16.48%
Basic Earnings Per Share $0.03
Diluted Earnings Per Share $0.02 $0.03
COMMON SHARES
Basic Shares Outstanding 654.7M shares 654.7M shares
Diluted Shares Outstanding 678.8M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $466.4M $429.6M
YoY Change 44.48% 72.25%
Cash & Equivalents $466.4M $429.6M
Short-Term Investments
Other Short-Term Assets $9.953M $6.418M
YoY Change 13.48% 95.85%
Inventory $95.92M $112.8M
Prepaid Expenses
Receivables $40.92M $51.88M
Other Receivables $0.00 $0.00
Total Short-Term Assets $613.2M $600.6M
YoY Change 17.42% 20.79%
LONG-TERM ASSETS
Property, Plant & Equipment $930.0K $929.0K
YoY Change -10.06% 51.3%
Goodwill $168.3M $168.3M
YoY Change 0.0% 0.0%
Intangibles $947.7M $959.9M
YoY Change -4.76% -4.71%
Long-Term Investments
YoY Change
Other Assets $10.20M $12.44M
YoY Change -8.03% 18.51%
Total Long-Term Assets $1.127B $1.142B
YoY Change -4.11% -4.84%
TOTAL ASSETS
Total Short-Term Assets $613.2M $600.6M
Total Long-Term Assets $1.127B $1.142B
Total Assets $1.740B $1.742B
YoY Change 2.51% 2.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.073M $13.35M
YoY Change -27.44% -42.28%
Accrued Expenses $20.58M $17.41M
YoY Change 20.28% -33.12%
Deferred Revenue $1.051M $1.235M
YoY Change -47.84% -74.74%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.750M $6.750M
YoY Change -20.0% 0.0%
Total Short-Term Liabilities $56.14M $56.20M
YoY Change 1.91% -36.55%
LONG-TERM LIABILITIES
Long-Term Debt $649.0M $650.4M
YoY Change -0.81% -0.81%
Other Long-Term Liabilities $1.694M $1.768M
YoY Change -99.18% -99.15%
Total Long-Term Liabilities $650.7M $652.1M
YoY Change -0.55% -0.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.14M $56.20M
Total Long-Term Liabilities $650.7M $652.1M
Total Liabilities $895.4M $901.8M
YoY Change -2.33% -5.36%
SHAREHOLDERS EQUITY
Retained Earnings $526.4M $512.3M
YoY Change 13.25% 18.81%
Common Stock $671.0K $654.0K
YoY Change 3.39% 0.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $845.0M $840.4M
YoY Change
Total Liabilities & Shareholders Equity $1.740B $1.742B
YoY Change 2.51% 2.67%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $14.10M $20.37M
YoY Change -58.07% -66.48%
Depreciation, Depletion And Amortization $12.63M $13.00M
YoY Change -2.37% 25.86%
Cash From Operating Activities $49.04M $53.40M
YoY Change -33.3% -0.66%
INVESTING ACTIVITIES
Capital Expenditures $712.0K $900.0K
YoY Change -26.6% -217.34%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$712.0K -$900.0K
YoY Change -26.6% 17.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.51M -1.300M
YoY Change -1435.15% -19.55%
NET CHANGE
Cash From Operating Activities 49.04M 53.40M
Cash From Investing Activities -712.0K -900.0K
Cash From Financing Activities -11.51M -1.300M
Net Change In Cash 36.81M 51.20M
YoY Change -49.85% -0.33%
FREE CASH FLOW
Cash From Operating Activities $49.04M $53.40M
Capital Expenditures $712.0K $900.0K
Free Cash Flow $48.32M $52.50M
YoY Change -33.39% -3.71%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001868726
dei City Area Code
CityAreaCode
310
dei Local Phone Number
LocalPhoneNumber
691-0776
dei Security12b Title
Security12bTitle
Common stock, par value $0.001 per share
dei Trading Symbol
TradingSymbol
OLPX
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
322808000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
23978000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
19198000 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
51876000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
46220000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
112762000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
144425000 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
6418000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
8771000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
600642000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
522224000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
929000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1034000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
168300000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
12441000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11089000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
176454000 usd
CY2022Q4 us-gaap Assets
Assets
1697675000 usd
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
13349000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
9748000 usd
CY2023Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
2503000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
3415000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17409000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17107000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
6750000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
8438000 usd
CY2023Q3 olpx Tax Receivable Agreement Current
TaxReceivableAgreementCurrent
16184000 usd
CY2022Q4 olpx Tax Receivable Agreement Current
TaxReceivableAgreementCurrent
16380000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
56195000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
55088000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
650350000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4068000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1622000 usd
CY2023Q3 olpx Tax Receivable Agreement Noncurrent
TaxReceivableAgreementNoncurrent
189391000 usd
CY2022Q4 olpx Tax Receivable Agreement Noncurrent
TaxReceivableAgreementNoncurrent
205675000 usd
CY2022Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
45484000 usd
CY2023Q3 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
2592000 usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
46626000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
83548000 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
129828000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36433000 usd
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
30807000 usd
CY2023Q3 olpx Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
10378000 usd
CY2022Q3 olpx Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
10329000 usd
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
46811000 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
41136000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
36737000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
88692000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
9510000 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
970000 usd
CY2022Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
2251000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-970000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
26257000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5891000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
678758020 shares
CY2023Q3 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-861000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-861000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19505000 usd
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
654733052 shares
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
429586000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
959855000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
995028000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
168300000 usd
CY2023Q3 us-gaap Assets
Assets
1742167000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
654333000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1768000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
0 usd
CY2023Q3 us-gaap Liabilities
Liabilities
901772000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
916718000 usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
654724366 shares
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
654724366 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
650091380 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
650091380 shares
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
654000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
649000 usd
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
324593000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
312875000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2806000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2577000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
512342000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
464856000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
840395000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
780957000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1742167000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1697675000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
123555000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
346583000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
573553000 usd
CY2023Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
37415000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
98431000 usd
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
5091000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
104729000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
146090000 usd
us-gaap Gross Profit
GrossProfit
241854000 usd
us-gaap Gross Profit
GrossProfit
427463000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
119770000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
79232000 usd
olpx Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
31025000 usd
olpx Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
30890000 usd
us-gaap Operating Expenses
OperatingExpenses
150795000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1328000 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
3852000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
20366000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
780957000 usd
CY2023Q1 olpx Stock Issued During Period Value Non Option Equity Instruments Exercised
StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised
326000 usd
CY2023Q1 olpx Share Based Payment Arrangement Shares Withheld For Tax Withholding Obligation Amount
ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAmount
390000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3299000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2018000 usd
CY2023Q1 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-557000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
806617000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6156000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
798000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2634000 usd
CY2023Q2 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
1647000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
817852000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
20366000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
352000 usd
CY2023Q3 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-861000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
840395000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
524298000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
1632000 usd
CY2022Q1 olpx Stock Issued During Period Value Non Option Equity Instruments Exercised
StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised
348000 usd
CY2022Q1 olpx Share Based Payment Arrangement Shares Withheld For Tax Withholding Obligation Amount
ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAmount
920000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1696000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
679197000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
60763000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
74000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2031000 usd
CY2022Q3 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
1931000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
743996000 usd
us-gaap Net Income Loss
NetIncomeLoss
47486000 usd
us-gaap Net Income Loss
NetIncomeLoss
210439000 usd
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
6298000 usd
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
5091000 usd
olpx Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
31025000 usd
olpx Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
30890000 usd
olpx Inventory Write Down And Disposal
InventoryWriteDownAndDisposal
9801000 usd
olpx Inventory Write Down And Disposal
InventoryWriteDownAndDisposal
5958000 usd
us-gaap Depreciation
Depreciation
344000 usd
us-gaap Depreciation
Depreciation
233000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1359000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2955000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2377000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4532000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
7338000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5454000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18803000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
64000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
572000 usd
olpx Payment To Pre Ipo Stockholders Pursuant To Tax Receivable Agreement
PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement
16452000 usd
olpx Payment To Pre Ipo Stockholders Pursuant To Tax Receivable Agreement
PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
675000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11944000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18817000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-117084000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
106778000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
63011000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
186388000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
429586000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
249399000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
9531000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
54904000 usd
us-gaap Interest Paid Net
InterestPaidNet
21716000 usd
olpx Liability Reclassification To Additional Paid In Capital
LiabilityReclassificationToAdditionalPaidInCapital
0 usd
olpx Liability Reclassification To Additional Paid In Capital
LiabilityReclassificationToAdditionalPaidInCapital
1632000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2128000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
123555000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
176454000 usd
CY2023Q3 olpx Number Of Business Channels
NumberOfBusinessChannels
3 business_channel
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
123555000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
176454000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Estimates and Assumptions</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Examples of estimates and assumptions include: for revenue recognition, determining the nature and timing of satisfaction of performance obligations, variable consideration, and other obligations such as product returns, allowance for promotions, and refunds; loss contingencies; the fair value of share-based options and stock settled stock appreciation rights (“SARs”); the fair value of and/or potential impairment of goodwill and intangible assets for the Company’s reporting unit; the fair value of the Company’s interest rate cap; useful lives of the Company’s tangible and intangible assets; estimated income tax and tax receivable payments; the net realizable value of, and demand for the Company’s inventory. Actual results and outcomes may differ from management’s estimates and assumptions due to risks and uncertainties.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts presented have been reclassified within “Note 6 - Accrued Expenses and Other Current Liabilities” as of </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2022</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> to conform with the current period presentation, including a prior year reclassification from Other accrued expenses and current liabilities to Accrued advertising and Accrued inventory purchases. The reclassifications had no effect on the Company’s Total current liabilities.</span></div>
CY2023Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
35619000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36194000 usd
CY2023Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
77143000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
108231000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
112762000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
144425000 usd
CY2023Q3 us-gaap Inventory Write Down
InventoryWriteDown
3600000 usd
us-gaap Inventory Write Down
InventoryWriteDown
9800000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1146585000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
186730000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
959855000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
168300000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
168300000 usd
CY2023Q3 olpx Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
1314885000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
186730000 usd
CY2023Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
1128155000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1143922000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
148894000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
995028000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
168300000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
168300000 usd
CY2022Q4 olpx Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
1312222000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
148894000 usd
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
1163328000 usd
CY2023Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
4242000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3187000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3598000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4092000 usd
CY2023Q3 olpx Accrued Freight Current
AccruedFreightCurrent
2707000 usd
CY2022Q4 olpx Accrued Freight Current
AccruedFreightCurrent
3283000 usd
CY2023Q3 olpx Accrued Inventory Purchases
AccruedInventoryPurchases
2191000 usd
CY2022Q4 olpx Accrued Inventory Purchases
AccruedInventoryPurchases
1140000 usd
CY2023Q3 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
2056000 usd
CY2022Q4 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
1356000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1235000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2015000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1129000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1220000 usd
CY2023Q3 us-gaap Interest Payable Current
InterestPayableCurrent
251000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
814000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17409000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17107000 usd
CY2023Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7775000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8854000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
657100000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
662771000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
6750000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
8438000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
650350000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
654333000 usd
CY2023Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
9500000 usd
CY2022Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
10500000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
30300000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
30700000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
657100000 usd
CY2023Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
555200000 usd
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
624600000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
109620 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
83501 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4606867 shares
olpx Deferred Compensation Arrangement With Individual Converted In Period Number Of Units
DeferredCompensationArrangementWithIndividualConvertedInPeriodNumberOfUnits
886950 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
117180 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
55244 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
256846 shares
olpx Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
16600000 usd
CY2022Q3 olpx Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
4200000 usd
olpx Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
4200000 usd
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
CONTINGENCIES<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">From time to time, the Company is subject to various legal actions arising in the ordinary course of business. The Company cannot predict with reasonable assurance the outcome of these legal actions brought against the Company as they are subject to uncertainties. Accordingly, any settlement or resolution in these legal actions may occur and affect the Company’s net income in such period as the settlement or resolution.</span></div><div style="margin-top:6pt;text-align:justify"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Pending Legal Proceedings: </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 17, 2022, a putative securities class action was filed against the Company and certain of its current and former officers and directors in the United States District Court for the Central District of California, captioned </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Lilien v. Olaplex Holdings, Inc. et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, No. 2:22-cv-08395. A consolidated complaint was filed on April 28, 2023, which names as additional defendants the underwriters for the Company’s IPO and various stockholders that sold shares of common stock of the Company in the IPO. The action is brought on behalf of a putative class of purchasers of the Company’s common stock in or traceable to the Company’s IPO and asserts claims under Sections 11, 12, and 15 of the Securities Act of 1933. The action seeks certification of the putative class, compensatory damages, attorneys’ fees and costs, and any other relief that the court determines is appropriate. The defendants moved to dismiss the consolidated complaint on July 19, 2023. The court held a hearing on the defendants’ motions to dismiss on October 16, 2023, and a decision has yet to issue. The underwriter defendants have notified the Company of their intent to seek indemnification from the Company pursuant to the IPO underwriting agreement regarding the claims asserted in this action. The Company intends to vigorously defend the pending lawsuit.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 9, 2023, twenty-eight plaintiffs filed </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Albahae, et al. v. Olaplex Holdings, Inc., et al.,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> No. 2:23-cv-00982, a complaint alleging personal and economic injury and asserting claims for breach of warranty, negligence/gross negligence, products liability, unjust enrichment, and violations of California False Advertising Law and Unfair Competition Law, against the Company and Cosway Company, Inc., the Company’s primary contract manufacturer, in the United States District Court for the Central District of California. On March 2, 2023, the plaintiffs amended the complaint to include seventy-three additional plaintiffs. The plaintiffs allege that certain ingredients used in some Company products have purportedly caused irritation or posed a hazard to consumers, and that the Company engaged in misrepresentation with respect to those products. The plaintiffs seek actual and consequential damages, punitive damages, restitution in the form of disgorgement of profits, attorneys’ fees and costs, and any other relief that the court determines is appropriate. On April 17, 2023, the Company moved to dismiss and to sever the plaintiffs’ claims. On July 11, 2023, the Court granted the Company’s motion to sever and dismissed all but the first named plaintiff. The Court also dismissed the operative complaint with leave to re-file on the grounds that it now contained allegations that were not relevant to the claims of the one, remaining plaintiff. On July 24, 2023, the remaining plaintiff filed a notice, voluntarily dismissing her claims without prejudice. </span></div><div style="margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Any potential loss associated with these pending legal proceedings is not probable or reasonably estimable at this time.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2023 and December 31, 2022, the Company was not subject to any other currently pending legal matters or claims that could have a material adverse effect on its financial position, results of operations, or cash flows should such litigation be resolved unfavorably.</span></div>
CY2023Q1 us-gaap Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
28 plaintiff
CY2023Q1 us-gaap Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
73 plaintiff
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
20366000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
60763000 usd
us-gaap Net Income Loss
NetIncomeLoss
47486000 usd
us-gaap Net Income Loss
NetIncomeLoss
210439000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
654702392 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
649099780 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
653603665 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
648963625 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
24055628 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
42157874 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
27485878 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
42622162 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
678758020 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
691257654 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
681089543 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
691585787 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4473909 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2887141 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1275337 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1170756 shares
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001868726-23-000096-index-headers.html Edgar Link pending
0001868726-23-000096-index.html Edgar Link pending
0001868726-23-000096.txt Edgar Link pending
0001868726-23-000096-xbrl.zip Edgar Link pending
ex102amendedrestated2020om.htm Edgar Link pending
ex311-ceocertificationq320.htm Edgar Link pending
ex312-cfocertificateq32023.htm Edgar Link pending
ex321-ceocertificateq32023.htm Edgar Link pending
ex322-cfocertificateq32023.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
olpx-20230930.htm Edgar Link pending
olpx-20230930.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
olpx-20230930_cal.xml Edgar Link unprocessable
olpx-20230930_def.xml Edgar Link unprocessable
olpx-20230930_lab.xml Edgar Link unprocessable
olpx-20230930_pre.xml Edgar Link unprocessable
olpx-20230930_htm.xml Edgar Link completed
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending