$OOMA
OOMA INC

2020 Q3 Form 10-Q Financial Statement

#000156459020042667 Filed on September 04, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $41.41M $37.34M
YoY Change 10.9% 17.87%
Cost Of Revenue $15.91M $15.02M
YoY Change 5.93% 16.36%
Gross Profit $25.50M $22.32M
YoY Change 14.25% 18.89%
Gross Profit Margin 61.58% 59.77%
Selling, General & Admin $17.00M $18.00M
YoY Change -5.56% 24.22%
% of Gross Profit 66.67% 80.65%
Research & Development $9.050M $9.600M
YoY Change -5.73% 13.74%
% of Gross Profit 35.49% 43.01%
Depreciation & Amortization $1.080M $1.010M
YoY Change 6.93% 34.67%
% of Gross Profit 4.24% 4.53%
Operating Expenses $26.05M $27.60M
YoY Change -5.62% 20.31%
Operating Profit -$550.0K -$5.280M
YoY Change -89.58% 26.8%
Interest Expense $180.0K $280.0K
YoY Change -35.71% 40.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$370.0K -$5.000M
YoY Change -92.6% 25.94%
Income Tax $0.00 -$16.00K
% Of Pretax Income
Net Earnings -$367.0K -$4.983M
YoY Change -92.63% 27.64%
Net Earnings / Revenue -0.89% -13.34%
Basic Earnings Per Share
Diluted Earnings Per Share -$16.64K -$238.8K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.34M $28.66M
YoY Change -11.58% -41.07%
Cash & Equivalents $10.89M $14.02M
Short-Term Investments $14.45M $14.64M
Other Short-Term Assets $1.472M $1.341M
YoY Change 9.77% -31.41%
Inventory $9.249M $11.27M
Prepaid Expenses $2.813M $2.566M
Receivables $4.260M $4.683M
Other Receivables $1.530M $1.390M
Total Short-Term Assets $48.75M $52.26M
YoY Change -6.72% -16.96%
LONG-TERM ASSETS
Property, Plant & Equipment $11.64M $5.017M
YoY Change 132.01% 3.23%
Goodwill $4.264M
YoY Change
Intangibles $8.226M
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.818M $6.245M
YoY Change 57.21% 207.64%
Total Long-Term Assets $31.88M $27.04M
YoY Change 17.91% 97.07%
TOTAL ASSETS
Total Short-Term Assets $48.75M $52.26M
Total Long-Term Assets $31.88M $27.04M
Total Assets $80.63M $79.30M
YoY Change 1.68% 3.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.840M $10.70M
YoY Change -54.75% 4.98%
Accrued Expenses $21.51M $13.65M
YoY Change 57.61% 52.86%
Deferred Revenue $16.27M $16.04M
YoY Change 1.41%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $42.62M $46.31M
YoY Change -7.97% 14.29%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.800M $353.0K
YoY Change 976.49% -62.72%
Total Long-Term Liabilities $3.800M $353.0K
YoY Change 976.49% -62.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $42.62M $46.31M
Total Long-Term Liabilities $3.800M $353.0K
Total Liabilities $46.42M $48.49M
YoY Change -4.26% 16.92%
SHAREHOLDERS EQUITY
Retained Earnings -$115.5M
YoY Change 16.91%
Common Stock $4.000K
YoY Change 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $34.21M $30.81M
YoY Change
Total Liabilities & Shareholders Equity $80.63M $79.30M
YoY Change 1.68% 3.45%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$367.0K -$4.983M
YoY Change -92.63% 27.64%
Depreciation, Depletion And Amortization $1.080M $1.010M
YoY Change 6.93% 34.67%
Cash From Operating Activities $2.510M -$420.0K
YoY Change -697.62% -46.84%
INVESTING ACTIVITIES
Capital Expenditures -$750.0K -$1.030M
YoY Change -27.18% 128.89%
Acquisitions
YoY Change
Other Investing Activities -$200.0K $4.160M
YoY Change -104.81% -56.89%
Cash From Investing Activities -$950.0K $3.130M
YoY Change -130.35% -66.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 280.0K -60.00K
YoY Change -566.67% -300.0%
NET CHANGE
Cash From Operating Activities 2.510M -420.0K
Cash From Investing Activities -950.0K 3.130M
Cash From Financing Activities 280.0K -60.00K
Net Change In Cash 1.840M 2.650M
YoY Change -30.57% -68.64%
FREE CASH FLOW
Cash From Operating Activities $2.510M -$420.0K
Capital Expenditures -$750.0K -$1.030M
Free Cash Flow $3.260M $610.0K
YoY Change 434.43% -279.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
ooma Number Of Countries Outside That Exceeded Ten Percentage Of Revenue
NumberOfCountriesOutsideThatExceededTenPercentageOfRevenue
0
ooma Number Of Customers That Individually Exceeded10 Of Revenue
NumberOfCustomersThatIndividuallyExceeded10OfRevenue
0
ooma Non Operating Lease Expense
NonOperatingLeaseExpense
1592000
ooma Non Operating Lease Expense
NonOperatingLeaseExpense
899000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
24000
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
420000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1079000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-791000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
28415000
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1311000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-327000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
524000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1818000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-7140000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
418000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-335000
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
12013000
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
11986000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1508000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1632000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7073000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1535000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1901000
CY2020Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
472000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3008000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
12000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1066000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
31208000
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
635000
CY2020Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
350000
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3090000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-367000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
34213000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
33047000
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1454000
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
730000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2982000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-4740000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
32024000
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
354000
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3411000
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
6988000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
5000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-4983000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
30811000
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:0%;font-weight:bold;color:#003A5D;font-family:Arial;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates.  <span style="color:#000000;font-weight:normal;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the Company’s condensed consolidated financial statements and notes thereto. Significant estimates include, but are not limited to, those related to revenue recognition, inventory valuation, deferred commissions, valuation of goodwill and intangible assets, operating lease assets and liabilities, regulatory fees and indirect tax accruals, loss contingencies, stock-based compensation, income taxes (including valuation allowances) and fair value measurements. The Company bases its estimates and assumptions on historical experience, where applicable, and other factors that it believes to be reasonable under the circumstances, including but not limited to the potential impacts arising from the COVID-19 pandemic. </span><span style="Background-color:#FFFFFF;color:#000000;font-weight:normal;">These estimates are based on information available as of the date of the condensed consolidated financial statements, and assumptions are inherently subjective in nature. Therefore, actual results could differ from management’s estimates. </span></p>
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
527000
us-gaap Operating Lease Payments
OperatingLeasePayments
1406000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1942000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3950000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1565000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
314000
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
10430000
ooma Number Of Sources Of Revenue
NumberOfSourcesOfRevenue
2
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
41412000
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
37343000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
81718000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
71350000
ooma Number Of Countries Outside That Exceeded Ten Percentage Of Revenue
NumberOfCountriesOutsideThatExceededTenPercentageOfRevenue
0
ooma Number Of Customers That Individually Exceeded10 Of Revenue
NumberOfCustomersThatIndividuallyExceeded10OfRevenue
0
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
16389000
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
15971000
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
16270000
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
15797000
CY2020Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
119000
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
174000
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3000000.0
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12300000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8100000
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.52
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
10889000
CY2020Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
11680000
CY2020Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
14453000
CY2020Q1 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
14384000
CY2019Q1 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0
CY2020Q3 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0
CY2020Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
7098000
CY2020Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2151000
CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1381000
CY2020Q3 us-gaap Inventory Net
InventoryNet
9249000
CY2020Q1 us-gaap Inventory Net
InventoryNet
8369000
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6165000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6818000
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000
CY2020Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
3573000
CY2020Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
2525000
CY2020Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2813000
CY2020Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2739000
CY2020Q3 ooma Convertible Notes Receivable Including Accrued Interest
ConvertibleNotesReceivableIncludingAccruedInterest
1527000
CY2020Q1 ooma Convertible Notes Receivable Including Accrued Interest
ConvertibleNotesReceivableIncludingAccruedInterest
1453000
CY2020Q3 ooma Deferred Inventory Costs Current
DeferredInventoryCostsCurrent
511000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6098000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6393000
us-gaap Net Income Loss
NetIncomeLoss
-9723000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20667905
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.47
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4000000.0
CY2020Q1 ooma Deferred Inventory Costs Current
DeferredInventoryCostsCurrent
867000
CY2020Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1472000
CY2020Q1 us-gaap Other Assets Current
OtherAssetsCurrent
1408000
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
9896000
CY2020Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8992000
CY2020Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
9154000
CY2020Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
7412000
CY2020Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
664000
CY2020Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
774000
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9818000
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8186000
CY2020Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
900000
CY2019Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
400000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1700000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
800000
us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0
CY2019Q3 us-gaap Lease Cost
LeaseCost
900000
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7348000
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8942000
CY2020Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
5156000
CY2020Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
4777000
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3835000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3263000
CY2020Q3 ooma Accrued Liabilities Current For Customer Sales Incentive
AccruedLiabilitiesCurrentForCustomerSalesIncentive
1090000
CY2020Q1 ooma Accrued Liabilities Current For Customer Sales Incentive
AccruedLiabilitiesCurrentForCustomerSalesIncentive
1293000
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4085000
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4301000
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
21514000
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
22576000
us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
The Company leases its headquarters located in Sunnyvale, California, as well as office and data center space in various locations under non-cancelable operating lease agreements.
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6759000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8057000
CY2020Q3 ooma Operating Lease Asset
OperatingLeaseAsset
6759000
CY2020Q1 ooma Operating Lease Asset
OperatingLeaseAsset
8057000
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3835000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3263000
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3681000
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5150000
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
7516000
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8413000
CY2020Q3 us-gaap Lease Cost
LeaseCost
1300000
us-gaap Lease Cost
LeaseCost
2500000
us-gaap Lease Cost
LeaseCost
1700000
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
975000
us-gaap Operating Lease Payments
OperatingLeasePayments
1053000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
200000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7971000
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
455000
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
7516000
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1416000
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.35
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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8530000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
133000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.61
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
121000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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5.82
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
9000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
3.19
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1419000
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.81
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1182000
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
6.99
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
9644000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3090000
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3411000
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
24100000
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6800000
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-367000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-4983000
us-gaap Net Income Loss
NetIncomeLoss
-1433000
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22232176
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20849935
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22066771
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.24
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3700000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3700000
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4000000.0
CY2020Q1 us-gaap Purchase Obligation
PurchaseObligation
4000000.0
CY2020Q3 us-gaap Purchase Obligation
PurchaseObligation
4000000.0
CY2020Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0
CY2020 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
600000
us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0

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