2024 Q4 Form 10-Q Financial Statement

#000162828024047870 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $22.12M
YoY Change 140.93%
Cost Of Revenue $10.58M
YoY Change 80.69%
Gross Profit $11.55M
YoY Change 246.83%
Gross Profit Margin 52.19%
Selling, General & Admin $13.81M
YoY Change 57.22%
% of Gross Profit 119.6%
Research & Development $2.559M
YoY Change 5.48%
% of Gross Profit 22.16%
Depreciation & Amortization $117.0K
YoY Change -35.0%
% of Gross Profit 1.01%
Operating Expenses $16.37M
YoY Change 46.03%
Operating Profit -$4.822M
YoY Change -38.81%
Interest Expense -$112.0K
YoY Change -183.58%
% of Operating Profit
Other Income/Expense, Net -$789.0K
YoY Change -135.24%
Pretax Income -$5.611M
YoY Change -0.53%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$5.611M
YoY Change -0.53%
Net Earnings / Revenue -25.36%
Basic Earnings Per Share -$0.61
Diluted Earnings Per Share -$0.61
COMMON SHARES
Basic Shares Outstanding 16.04M shares 9.413M shares
Diluted Shares Outstanding 11.04M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.50M
YoY Change 41.46%
Cash & Equivalents $21.50M
Short-Term Investments
Other Short-Term Assets $3.029M
YoY Change 59.42%
Inventory $10.60M
Prepaid Expenses
Receivables $17.15M
Other Receivables $0.00
Total Short-Term Assets $52.28M
YoY Change 39.32%
LONG-TERM ASSETS
Property, Plant & Equipment $152.0K
YoY Change -69.35%
Goodwill
YoY Change
Intangibles $870.0K
YoY Change -60.79%
Long-Term Investments
YoY Change
Other Assets $2.760M
YoY Change 245.0%
Total Long-Term Assets $3.849M
YoY Change -19.14%
TOTAL ASSETS
Total Short-Term Assets $52.28M
Total Long-Term Assets $3.849M
Total Assets $56.13M
YoY Change 32.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.52M
YoY Change -37.28%
Accrued Expenses $12.43M
YoY Change 22.68%
Deferred Revenue $1.401M
YoY Change 54.3%
Short-Term Debt $9.875M
YoY Change 101.53%
Long-Term Debt Due $10.34M
YoY Change 52.88%
Total Short-Term Liabilities $35.69M
YoY Change -13.17%
LONG-TERM LIABILITIES
Long-Term Debt $4.585M
YoY Change 817.0%
Other Long-Term Liabilities $143.0K
YoY Change -90.3%
Total Long-Term Liabilities $4.728M
YoY Change 139.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.69M
Total Long-Term Liabilities $4.728M
Total Liabilities $65.52M
YoY Change -2.68%
SHAREHOLDERS EQUITY
Retained Earnings -$259.1M
YoY Change 4.19%
Common Stock $2.000K
YoY Change 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$21.46M
YoY Change
Total Liabilities & Shareholders Equity $56.13M
YoY Change 32.74%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$5.611M
YoY Change -0.53%
Depreciation, Depletion And Amortization $117.0K
YoY Change -35.0%
Cash From Operating Activities -$7.856M
YoY Change 51.37%
INVESTING ACTIVITIES
Capital Expenditures $601.0K
YoY Change 5910.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$601.0K
YoY Change 5910.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.98M
YoY Change -442.7%
NET CHANGE
Cash From Operating Activities -7.856M
Cash From Investing Activities -601.0K
Cash From Financing Activities 14.98M
Net Change In Cash 6.519M
YoY Change -168.12%
FREE CASH FLOW
Cash From Operating Activities -$7.856M
Capital Expenditures $601.0K
Free Cash Flow -$8.457M
YoY Change 62.63%

Facts In Submission

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CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-8467000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-27316000 usd
CY2023Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1319000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
114000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2210000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-5641000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-31952000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-37531000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
0 usd
CY2024Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1328000 usd
CY2024Q1 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
332000 shares
CY2024Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
92000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2227000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
3274000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
-32934000 usd
CY2024Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1535000 usd
CY2024Q2 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
83000 shares
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2104000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-1147000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
-33429000 usd
CY2024Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1215000 usd
CY2024Q3 owlt Accretion Of Redeemable Common Stock
AccretionOfRedeemableCommonStock
5000 usd
CY2024Q3 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
6054000 shares
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11601000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
2141000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
382000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
129000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2759000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5611000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-21459000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3484000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25975000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
330000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
706000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
7046000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
7643000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-347000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-165000 usd
owlt Change In Fair Value Of Common Stock Warrantliability
ChangeInFairValueOfCommonStockWarrantliability
-9534000 usd
owlt Change In Fair Value Of Common Stock Warrantliability
ChangeInFairValueOfCommonStockWarrantliability
-2679000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1892000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
870000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1016000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
490000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-74000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2715000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6705000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-323000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4093000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4243000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7573000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3011000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-19997000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1130000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1797000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
37000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-852000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14530000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-21951000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
228000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
19000 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
492000 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-722000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-30000 usd
owlt Payments Of Preferred Stock Preference Stock And Warrants Issuance Costs
PaymentsOfPreferredStockPreferenceStockAndWarrantsIssuanceCosts
394000 usd
owlt Payments Of Preferred Stock Preference Stock And Warrants Issuance Costs
PaymentsOfPreferredStockPreferenceStockAndWarrantsIssuanceCosts
1513000 usd
us-gaap Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
8856000 usd
us-gaap Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
28487000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1041000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
10559000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
65225000 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
73290000 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
65078000 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
74631000 usd
owlt Proceeds From Issuance Of Long Term Debt And Redeemable Common Stock
ProceedsFromIssuanceOfLongTermDebtAndRedeemableCommonStock
7500000 usd
owlt Proceeds From Issuance Of Long Term Debt And Redeemable Common Stock
ProceedsFromIssuanceOfLongTermDebtAndRedeemableCommonStock
500000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2000000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
761000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
723000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
358000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
372000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
358000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-373000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
269000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20577000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25915000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5325000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3934000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16557000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11231000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21882000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15165000 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
6469000 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
owlt Accretion On Preferred Stock And Redeemable Shares
AccretionOnPreferredStockAndRedeemableShares
4083000 usd
owlt Accretion On Preferred Stock And Redeemable Shares
AccretionOnPreferredStockAndRedeemableShares
3298000 usd
owlt Warrants Issued
WarrantsIssued
-382000 usd
owlt Warrants Issued
WarrantsIssued
0 usd
owlt Equity Issuance Costs
EquityIssuanceCosts
718000 usd
owlt Equity Issuance Costs
EquityIssuanceCosts
0 usd
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
209000 usd
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 usd
owlt Reclassification From Long Term To Current Debt
ReclassificationFromLongTermToCurrentDebt
0 usd
owlt Reclassification From Long Term To Current Debt
ReclassificationFromLongTermToCurrentDebt
500000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
33000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
22000 usd
owlt Stock Based Compensation For Software Development
StockBasedCompensationForSoftwareDevelopment
45000 usd
owlt Stock Based Compensation For Software Development
StockBasedCompensationForSoftwareDevelopment
0 usd
owlt Right Of Use Assets Obtained
RightOfUseAssetsObtained
0 usd
owlt Right Of Use Assets Obtained
RightOfUseAssetsObtained
46000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Certain prior year amounts have been reclassified to conform to the current period presentation.</span></div>
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
107142857 shares
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-259143000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14530000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-21951000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21502000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21502000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15165000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
300000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
80000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21882000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15165000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
542000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2898000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3322000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3013000 usd
CY2024Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
37000 usd
CY2023Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-221000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-347000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-165000 usd
CY2024Q3 owlt Accounts Receivable Allowance For Doubtful Accounts Charges To Revenue
AccountsReceivableAllowanceForDoubtfulAccountsChargesToRevenue
-37000 usd
CY2023Q3 owlt Accounts Receivable Allowance For Doubtful Accounts Charges To Revenue
AccountsReceivableAllowanceForDoubtfulAccountsChargesToRevenue
98000 usd
owlt Accounts Receivable Allowance For Doubtful Accounts Charges To Revenue
AccountsReceivableAllowanceForDoubtfulAccountsChargesToRevenue
-131000 usd
owlt Accounts Receivable Allowance For Doubtful Accounts Charges To Revenue
AccountsReceivableAllowanceForDoubtfulAccountsChargesToRevenue
50000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
24000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
464000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2514000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
683000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
592000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2115000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
592000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2115000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
10597000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
6493000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3370000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3760000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3218000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3383000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
152000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
377000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
870000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
355000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2210000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
280000 usd
CY2024Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
30000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
30000 usd
CY2023Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0 usd
CY2024Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
2419000 usd
CY2023Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
1056000 usd
CY2024Q3 owlt Accrued Sales Discounts Current
AccruedSalesDiscountsCurrent
2581000 usd
CY2023Q4 owlt Accrued Sales Discounts Current
AccruedSalesDiscountsCurrent
2528000 usd
CY2024Q3 owlt Accrued Sales Return Current
AccruedSalesReturnCurrent
875000 usd
CY2023Q4 owlt Accrued Sales Return Current
AccruedSalesReturnCurrent
2919000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6555000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8548000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12430000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
15051000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
843000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
591000 usd
CY2023Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
782000 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
712000 usd
CY2024Q3 owlt Settlements Of Warranty Claims During The Period
SettlementsOfWarrantyClaimsDuringThePeriod
189000 usd
CY2023Q3 owlt Settlements Of Warranty Claims During The Period
SettlementsOfWarrantyClaimsDuringThePeriod
135000 usd
owlt Settlements Of Warranty Claims During The Period
SettlementsOfWarrantyClaimsDuringThePeriod
660000 usd
owlt Settlements Of Warranty Claims During The Period
SettlementsOfWarrantyClaimsDuringThePeriod
372000 usd
CY2024Q3 owlt Provision For Warranties Issued During The Period
ProvisionForWarrantiesIssuedDuringThePeriod
455000 usd
CY2023Q3 owlt Provision For Warranties Issued During The Period
ProvisionForWarrantiesIssuedDuringThePeriod
186000 usd
owlt Provision For Warranties Issued During The Period
ProvisionForWarrantiesIssuedDuringThePeriod
865000 usd
owlt Provision For Warranties Issued During The Period
ProvisionForWarrantiesIssuedDuringThePeriod
481000 usd
CY2024Q3 owlt Changes In Provision For Pre Existing Warranties
ChangesInProvisionForPreExistingWarranties
-179000 usd
CY2023Q3 owlt Changes In Provision For Pre Existing Warranties
ChangesInProvisionForPreExistingWarranties
-139000 usd
owlt Changes In Provision For Pre Existing Warranties
ChangesInProvisionForPreExistingWarranties
-57000 usd
owlt Changes In Provision For Pre Existing Warranties
ChangesInProvisionForPreExistingWarranties
-318000 usd
CY2024Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
930000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
503000 usd
CY2024Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
930000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
503000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1390000 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1223000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1302000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1386000 usd
CY2024Q3 owlt Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
846000 usd
CY2023Q3 owlt Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
326000 usd
owlt Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
2082000 usd
owlt Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
1146000 usd
CY2024Q3 owlt Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
692000 usd
CY2023Q3 owlt Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
533000 usd
owlt Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
1840000 usd
owlt Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
1516000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1544000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1016000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1544000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1016000 usd
CY2024Q3 owlt Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
533000 usd
CY2023Q3 owlt Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
493000 usd
owlt Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
1540000 usd
owlt Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
1061000 usd
owlt Contract With Customer Liability Revenue Recognized Related To Correction Of An Error Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedRelatedToCorrectionOfAnErrorExcludingOpeningBalance
330000 usd
CY2024Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
14926000 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
15194000 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
10341000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
15194000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4585000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0 usd
CY2024Q3 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
761000 usd
CY2024Q3 owlt Debt Instrument Debt Default Default Interest On Overdue Balance Percentage
DebtInstrumentDebtDefaultDefaultInterestOnOverdueBalancePercentage
0.050
CY2024Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1385000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
43000 usd
CY2024Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
43000 usd
CY2024Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
136000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
136000 usd
CY2024Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
648000 usd
CY2024Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
9875000 usd
CY2024Q3 owlt Long Term Debt Future Aggregate Maturity Remainder Of Fiscal Year
LongTermDebtFutureAggregateMaturityRemainderOfFiscalYear
197000 usd
CY2024Q3 owlt Long Term Debt Future Aggregate Maturity Year One
LongTermDebtFutureAggregateMaturityYearOne
1102000 usd
CY2024Q3 owlt Long Term Debt Future Aggregate Maturity After Year One
LongTermDebtFutureAggregateMaturityAfterYearOne
6667000 usd
CY2024Q3 owlt Long Term Debt Future Aggregate Maturity Total
LongTermDebtFutureAggregateMaturityTotal
7966000 usd
CY2023Q1 owlt Related Party Transaction Monthly Interest Payment To Related Party
RelatedPartyTransactionMonthlyInterestPaymentToRelatedParty
3000000 usd
CY2023Q1 owlt Related Party Transaction Monthly Interest Payment To Related Party Payment Period
RelatedPartyTransactionMonthlyInterestPaymentToRelatedPartyPaymentPeriod
P36M
CY2023Q1 owlt Related Party Transaction Monthly Interest Payment To Related Party Payment Period
RelatedPartyTransactionMonthlyInterestPaymentToRelatedPartyPaymentPeriod
P36M
CY2024Q1 owlt Related Party Transaction Monthly Interest Payment To Related Party Payment Period
RelatedPartyTransactionMonthlyInterestPaymentToRelatedPartyPaymentPeriod
P28M
CY2024Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
623000 usd
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
2206000 usd
CY2021Q4 us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
2 claim
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2714000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2210000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7046000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7643000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
62000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
109000 usd
CY2020Q3 owlt Period Required For Warrants To Become Exercisable Initial Public Offering
PeriodRequiredForWarrantsToBecomeExercisableInitialPublicOffering
P12M
CY2023Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
9175282 shares
owlt Class Of Warrant Or Right Warrants Issued During Period
ClassOfWarrantOrRightWarrantsIssuedDuringPeriod
1924426 shares
owlt Class Of Warrant Or Right Warrants Exercised During Period
ClassOfWarrantOrRightWarrantsExercisedDuringPeriod
0 shares
CY2024Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11099708 shares
CY2024Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
3469000 usd
CY2024Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
25102000 usd
CY2023Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
16489000 usd
CY2023Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
27781000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
27781000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
6855000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
-9534000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
25102000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16310140 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15514122 shares
CY2024Q3 owlt Common Stock Shares Subject To Vesting
CommonStockSharesSubjectToVesting
200536 shares
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22122000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9182000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
57571000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
33006000 usd
CY2024Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
219000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1314000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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