2023 Q4 Form 10-Q Financial Statement
#000107997323001522 Filed on November 02, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $12.59M | $11.94M |
YoY Change | 11.58% | 7.68% |
Cost Of Revenue | $9.786M | $8.280M |
YoY Change | 13.02% | 1.83% |
Gross Profit | $2.802M | $3.658M |
YoY Change | 6.82% | 23.75% |
Gross Profit Margin | 22.26% | 30.64% |
Selling, General & Admin | $1.237M | $1.020M |
YoY Change | 21.39% | -5.29% |
% of Gross Profit | 44.15% | 27.88% |
Research & Development | $788.0K | $805.0K |
YoY Change | 68.74% | -13.35% |
% of Gross Profit | 28.12% | 22.01% |
Depreciation & Amortization | $288.0K | $282.0K |
YoY Change | 50.79% | 46.11% |
% of Gross Profit | 10.28% | 7.71% |
Operating Expenses | $2.025M | $1.825M |
YoY Change | 36.27% | -9.02% |
Operating Profit | $777.0K | $1.833M |
YoY Change | -31.66% | 92.95% |
Interest Expense | $139.0K | $133.0K |
YoY Change | 8.59% | 2.31% |
% of Operating Profit | 17.89% | 7.26% |
Other Income/Expense, Net | -$2.662M | |
YoY Change | -873.84% | |
Pretax Income | $620.0K | -$829.0K |
YoY Change | -47.19% | -164.06% |
Income Tax | $120.0K | -$214.0K |
% Of Pretax Income | 19.35% | |
Net Earnings | $500.0K | -$615.0K |
YoY Change | -43.12% | -157.16% |
Net Earnings / Revenue | 3.97% | -5.15% |
Basic Earnings Per Share | $0.14 | -$0.17 |
Diluted Earnings Per Share | $0.14 | -$0.17 |
COMMON SHARES | ||
Basic Shares Outstanding | 3.547M shares | 3.547M shares |
Diluted Shares Outstanding | 3.612M shares | 3.547M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $8.601M | $8.006M |
YoY Change | 165.3% | 45.56% |
Cash & Equivalents | $1.289M | $1.904M |
Short-Term Investments | $7.312M | $6.102M |
Other Short-Term Assets | $1.313M | $790.0K |
YoY Change | -21.09% | -47.85% |
Inventory | $15.03M | $16.26M |
Prepaid Expenses | ||
Receivables | $13.17M | $11.03M |
Other Receivables | $0.00 | $420.0K |
Total Short-Term Assets | $36.60M | $31.42M |
YoY Change | 16.61% | -1.29% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $5.331M | $4.952M |
YoY Change | 2.46% | 2.06% |
Goodwill | ||
YoY Change | ||
Intangibles | $68.00K | $75.00K |
YoY Change | -30.61% | -30.56% |
Long-Term Investments | $1.509M | $5.090M |
YoY Change | -12.57% | 169.45% |
Other Assets | $42.00K | $42.00K |
YoY Change | 0.0% | 0.0% |
Total Long-Term Assets | $14.83M | $18.16M |
YoY Change | -8.43% | 12.59% |
TOTAL ASSETS | ||
Total Short-Term Assets | $36.60M | $31.42M |
Total Long-Term Assets | $14.83M | $18.16M |
Total Assets | $51.43M | $49.59M |
YoY Change | 8.09% | 3.38% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.909M | $2.740M |
YoY Change | -13.53% | -22.8% |
Accrued Expenses | $2.846M | $2.701M |
YoY Change | -14.12% | -16.76% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $3.846M | $2.840M |
YoY Change | 23.67% | -13.86% |
Total Short-Term Liabilities | $9.990M | $8.281M |
YoY Change | -14.36% | -29.06% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $8.228M | $8.570M |
YoY Change | -14.2% | -13.63% |
Other Long-Term Liabilities | $1.415M | $1.530M |
YoY Change | -23.51% | -21.7% |
Total Long-Term Liabilities | $9.651M | $10.11M |
YoY Change | -15.64% | -14.88% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $9.990M | $8.281M |
Total Long-Term Liabilities | $9.651M | $10.11M |
Total Liabilities | $19.64M | $18.39M |
YoY Change | -14.99% | -21.91% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $24.71M | $24.21M |
YoY Change | 37.72% | 41.88% |
Common Stock | $7.078M | $6.987M |
YoY Change | 8.34% | -4.99% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $31.79M | $31.20M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $51.43M | $49.59M |
YoY Change | 8.09% | 3.38% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $500.0K | -$615.0K |
YoY Change | -43.12% | -157.16% |
Depreciation, Depletion And Amortization | $288.0K | $282.0K |
YoY Change | 50.79% | 46.11% |
Cash From Operating Activities | $712.0K | $392.0K |
YoY Change | -280.25% | -86.45% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $629.0K | $126.0K |
YoY Change | 23.58% | -29.21% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.250M | $0.00 |
YoY Change | -125100.0% | -100.0% |
Cash From Investing Activities | -$1.879M | -$126.0K |
YoY Change | 269.88% | 40.0% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 560.0K | -$1.298M |
YoY Change | -137.01% | 52.17% |
NET CHANGE | ||
Cash From Operating Activities | 712.0K | $392.0K |
Cash From Investing Activities | -1.879M | -$126.0K |
Cash From Financing Activities | 560.0K | -$1.298M |
Net Change In Cash | -607.0K | -$1.032M |
YoY Change | -74.88% | -152.95% |
FREE CASH FLOW | ||
Cash From Operating Activities | $712.0K | $392.0K |
Capital Expenditures | $629.0K | $126.0K |
Free Cash Flow | $83.00K | $266.0K |
YoY Change | -109.18% | -90.2% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | us-gaap |
Gain On Sale Of Investments
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|
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Deferred Income Tax Expense Benefit
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2024 | |
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Realized Gain On Sale Of Marketable Equity Investments
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|
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Stockholders Equity
StockholdersEquity
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Provision For Doubtful Accounts
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Increase Decrease In Deferred Revenue
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Proceeds From Sale And Maturity Of Marketable Securities
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Proceeds From Issuance Of Long Term Debt
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2023-09-30 | |
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PRO-DEX, INC. | |
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CO | |
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2361 McGaw Avenue | |
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Irvine | |
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CA | |
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92614 | |
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EarningsPerShareBasic
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|
0.33 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3546737 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3616392 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3546737 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3694959 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
|
3547330 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
|
3606422 | shares |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31590000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-615000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1203000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31195000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
26306000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-615000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1203000 | usd |
CY2023Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
282000 | usd |
CY2022Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
193000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
189000 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
207000 | usd |
CY2023Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-2553000 | usd |
CY2022Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
425000 | usd |
CY2023Q3 | pdex |
Noncash Lease Expense Recovery
NoncashLeaseExpenseRecovery
|
-2000 | usd |
CY2022Q3 | pdex |
Noncash Lease Expense Recovery
NoncashLeaseExpenseRecovery
|
2000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
-4000 | usd |
CY2022Q3 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
-2000 | usd |
CY2022Q3 | us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
6000 | usd |
CY2022Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
80000 | usd |
CY2022Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
1082000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-4337000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
97000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-123000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
97000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2986000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-95000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
138000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
35000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
273000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-162000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-873000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
187000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
392000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2892000 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
126000 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
178000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
88000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-126000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-90000 | usd |
CY2023Q3 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1330000 | usd |
CY2022Q3 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1318000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1000000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
32000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
42000 | usd |
CY2022Q3 | pdex |
Payment Of Employee Payroll Taxes On Net Issuance Of Common Stock
PaymentOfEmployeePayrollTaxesOnNetIssuanceOfCommonStock
|
-223000 | usd |
CY2022Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
354000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1298000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-853000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1032000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1949000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2936000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
849000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1904000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2798000 | usd |
CY2023Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
140000 | usd |
CY2022Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
89000 | usd |
CY2023Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
660000 | usd |
CY2022Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
241000 | usd |
CY2022Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
425000 | usd |
CY2022Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
519000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1469000 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
266000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1203000 | usd |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.33 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
CY2023Q3 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_801_eus-gaap--NatureOfOperations_ztMNTxnDeys" style="font: bold 10pt Times New Roman, Times, Serif; margin: 8.1pt 0 10pt">NOTE 2. <span id="xdx_820_zwbRa5N38JR3">DESCRIPTION OF BUSINESS</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 23pt">We specialize in the design, development and manufacture of autoclavable, battery-powered and electric, multi-function surgical drivers and shavers used primarily in the orthopedic, thoracic, and maxocranial facial markets. We have patented adaptive torque-limiting software and proprietary sealing solutions which appeal to our customers, primarily medical device distributors. We also manufacture and sell rotary air motors to a wide range of industries.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 23pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 23pt"><span style="letter-spacing: 0pt">In August 2020, we formed a wholly owned subsidiary, PDEX Franklin, LLC (“PDEX Franklin”), to hold title for an approximate 25,000 square foot industrial building in Tustin, California (the “Franklin Property”) that we acquired on November 6, 2020, in order to allow for the continued growth of our business. The condensed consolidated financial statements include the accounts of the Company and PDEX Franklin and all significant inter-company accounts and transactions have been eliminated. This subsidiary has no separate operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 23pt"><span style="letter-spacing: 0pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p> | |
CY2023Q3 | pdex |
Overtime Revenue Recognition
OvertimeRevenueRecognition
|
190000 | usd |
CY2022Q3 | pdex |
Overtime Revenue Recognition
OvertimeRevenueRecognition
|
907000 | usd |
CY2023Q3 | pdex |
Pointintime Revenue Recognition
PointintimeRevenueRecognition
|
11748000 | usd |
CY2022Q3 | pdex |
Pointintime Revenue Recognition
PointintimeRevenueRecognition
|
10180000 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
11938000 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
11087000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
0 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
551000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
494000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
710000 | usd |
CY2023Q3 | us-gaap |
Accretion Expense
AccretionExpense
|
219000 | usd |
CY2022Q3 | us-gaap |
Accretion Expense
AccretionExpense
|
333000 | usd |
CY2023Q3 | pdex |
Amounts Reclassified To Cost Of Sales
AmountsReclassifiedToCostOfSales
|
105000 | usd |
CY2022Q3 | pdex |
Amounts Reclassified To Cost Of Sales
AmountsReclassifiedToCostOfSales
|
448000 | usd |
CY2023Q3 | pdex |
Amounts Allocated To Discounts For Standalone Selling Price
AmountsAllocatedToDiscountsForStandaloneSellingPrice
|
17000 | usd |
CY2022Q3 | pdex |
Amounts Allocated To Discounts For Standalone Selling Price
AmountsAllocatedToDiscountsForStandaloneSellingPrice
|
8000 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
591000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
587000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
1013000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Customers For Progress Payments
ProceedsFromCustomersForProgressPayments
|
43000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Customers For Progress Payments
ProceedsFromCustomersForProgressPayments
|
389000 | usd |
CY2023Q3 | pdex |
Amounts Reclassified To Revenue
AmountsReclassifiedToRevenue
|
43000 | usd |
CY2022Q3 | pdex |
Amounts Reclassified To Revenue
AmountsReclassifiedToRevenue
|
551000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
851000 | usd |
CY2023Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
1010000 | usd |
CY2023Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
1134000 | usd |
CY2023Q3 | pdex |
Marketable Securities Warrant Non Current
MarketableSecuritiesWarrantNonCurrent
|
3670000 | usd |
CY2023Q2 | pdex |
Marketable Securities Warrant Non Current
MarketableSecuritiesWarrantNonCurrent
|
6160000 | usd |
CY2023Q3 | us-gaap |
Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
|
1422000 | usd |
CY2023Q2 | us-gaap |
Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
|
1361000 | usd |
CY2023Q3 | us-gaap |
Marketable Securities
MarketableSecurities
|
6102000 | usd |
CY2023Q2 | us-gaap |
Marketable Securities
MarketableSecurities
|
8655000 | usd |
CY2023Q3 | pdex |
Available For Sale Securities Amortized Costs
AvailableForSaleSecuritiesAmortizedCosts
|
2714000 | usd |
CY2023Q2 | pdex |
Available For Sale Securities Amortized Costs
AvailableForSaleSecuritiesAmortizedCosts
|
2714000 | usd |
CY2023Q3 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
200000 | usd |
CY2023Q3 | pdex |
Marketable Securities Unrealized Gain
MarketableSecuritiesUnrealizedGain
|
362000 | usd |
CY2023Q3 | pdex |
Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
|
162000 | usd |
CY2023 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-219000 | usd |
CY2023 | pdex |
Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
|
286000 | usd |
CY2023 | pdex |
Marketable Securities Unrealized Gain
MarketableSecuritiesUnrealizedGain
|
67000 | usd |
CY2023Q3 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
1010000 | usd |
CY2023Q2 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
1134000 | usd |
CY2023Q3 | us-gaap |
Share Price
SharePrice
|
2.60 | |
CY2023Q2 | us-gaap |
Share Price
SharePrice
|
3.98 | |
CY2023Q3 | us-gaap |
Option Indexed To Issuers Equity Strike Price1
OptionIndexedToIssuersEquityStrikePrice1
|
0.68 | |
CY2023 | us-gaap |
Option Indexed To Issuers Equity Strike Price1
OptionIndexedToIssuersEquityStrikePrice1
|
0.69 | |
CY2023Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P2Y2M19D | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P2Y5M23D | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.600 | pure |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.600 | pure |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0503 | pure |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0468 | pure |
CY2022Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
54000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
-2000 | usd |
CY2022Q3 | us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
14000 | usd |
CY2023Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
7964000 | usd |
CY2023Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
8824000 | usd |
CY2023Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
4516000 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
3686000 | usd |
CY2023Q3 | pdex |
Inventory Sub Assemblies
InventorySubAssemblies
|
2146000 | usd |
CY2023Q2 | pdex |
Inventory Sub Assemblies
InventorySubAssemblies
|
2387000 | usd |
CY2023Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1638000 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1270000 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
16264000 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
16167000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
133000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
127000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
75000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
81000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
|
27000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
189000 | usd |
CY2023 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
200000 | usd |
CY2023Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
200000 | usd |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
340000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
24000 | usd |
CY2023Q3 | pdex |
Product Warranty Accrual Amortization
ProductWarrantyAccrualAmortization
|
33000 | usd |
CY2022Q3 | pdex |
Product Warranty Accrual Amortization
ProductWarrantyAccrualAmortization
|
42000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
189000 | usd |
CY2022Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
366000 | usd |
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
64800 | shares |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-615000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1203000 | usd |
CY2023Q3 | pdex |
Weightedaverage Shares Outstanding Basic
WeightedaverageSharesOutstandingBasic
|
3547000 | shares |
CY2022Q3 | pdex |
Weightedaverage Shares Outstanding Basic
WeightedaverageSharesOutstandingBasic
|
3616000 | shares |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.33 | |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-615000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1203000 | usd |
CY2023Q3 | pdex |
Weightedaverage Shares Outstanding Diluted
WeightedaverageSharesOutstandingDiluted
|
3547000 | shares |
CY2022Q3 | pdex |
Weightedaverage Shares Outstanding Diluted
WeightedaverageSharesOutstandingDiluted
|
3616000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
79000 | shares |
CY2023Q3 | pdex |
Weighted Average Shares Used In Calculation Of Diluted Earnings Per Share
WeightedAverageSharesUsedInCalculationOfDilutedEarningsPerShare
|
3547000 | shares |
CY2022Q3 | pdex |
Weighted Average Shares Used In Calculation Of Diluted Earnings Per Share
WeightedAverageSharesUsedInCalculationOfDilutedEarningsPerShare
|
3695000 | shares |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.17 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
CY2023Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
7000 | usd |
CY2022Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
48000 | usd |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.26 | pure |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.18 | pure |
CY2023Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P1Y8M26D | |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
425000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0553 | pure |
CY2023Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
127000 | usd |
CY2023Q3 | us-gaap |
Cost Maintenance
CostMaintenance
|
12000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
392000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
535000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
551000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
567000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
143000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2188000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
233000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1955000 | usd |