$PDYN
Palladyne AI Corp.

2023 Q3 Form 10-Q Financial Statement

#000095017023040636 Filed on August 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $1.827M $1.277M $3.038M
YoY Change -60.85% -57.97% 165.79%
Cost Of Revenue $1.222M $943.0K $3.146M
YoY Change -65.85% -70.03% 365.38%
Gross Profit $605.0K $334.0K -$108.0K
YoY Change -44.44% -409.26% -123.13%
Gross Profit Margin 33.11% 26.16% -3.55%
Selling, General & Admin $9.307M $12.66M $20.73M
YoY Change -45.42% -38.93% 407.64%
% of Gross Profit 1538.35% 3791.02%
Research & Development $10.01M $11.71M $7.569M
YoY Change -4.63% 54.66% 86.7%
% of Gross Profit 1654.71% 3504.79%
Depreciation & Amortization $500.0K $400.0K $900.0K
YoY Change 25.0% -55.56% 310.96%
% of Gross Profit 82.64% 119.76%
Operating Expenses $19.32M $24.37M $28.88M
YoY Change -29.88% -15.61% 254.82%
Operating Profit -$30.75M -$29.96M -$28.98M
YoY Change 12.86% 3.37% 277.83%
Interest Expense $806.0K $874.0K $148.0K
YoY Change 0.0% 490.54% -1238.46%
% of Operating Profit
Other Income/Expense, Net $871.0K -$11.00K $4.111M
YoY Change -21875.0% -100.27% 14582.14%
Pretax Income -$28.98M -$28.66M -$24.72M
YoY Change 16.09% 15.91% 369.86%
Income Tax $0.00 $3.000K -$1.606M
% Of Pretax Income
Net Earnings -$28.98M -$28.66M -$23.12M
YoY Change 28.81% 23.97% 339.26%
Net Earnings / Revenue -1586.26% -2244.32% -760.96%
Basic Earnings Per Share -$1.13 -$1.12 -$0.95
Diluted Earnings Per Share -$1.13 -$1.12 -$158.0K
COMMON SHARES
Basic Shares Outstanding 25.80M 154.3M 153.8M
Diluted Shares Outstanding 25.71M 25.51M 24.38M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.12M $75.15M $152.8M
YoY Change -59.28% -50.81% 681.81%
Cash & Equivalents $35.31M $25.57M $73.26M
Short-Term Investments $19.81M $49.58M $79.51M
Other Short-Term Assets $2.146M $3.594M $5.512M
YoY Change -29.57% -34.8% 32.06%
Inventory $1.108M $3.723M $1.896M
Prepaid Expenses
Receivables $1.402M $1.280M $3.971M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $61.39M $85.27M $164.1M
YoY Change -57.97% -48.05% 539.14%
LONG-TERM ASSETS
Property, Plant & Equipment $6.693M $6.763M $7.775M
YoY Change -12.35% -13.02% 76.66%
Goodwill
YoY Change
Intangibles $16.66M $17.48M
YoY Change -16.43%
Long-Term Investments
YoY Change
Other Assets $446.0K $463.0K $503.0K
YoY Change -12.72% -7.95% 2.44%
Total Long-Term Assets $34.19M $35.40M $99.87M
YoY Change -65.37% -64.56% 1941.39%
TOTAL ASSETS
Total Short-Term Assets $61.39M $85.27M $164.1M
Total Long-Term Assets $34.19M $35.40M $99.87M
Total Assets $95.58M $120.7M $264.0M
YoY Change -60.96% -54.29% 763.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.056M $4.597M $1.646M
YoY Change -21.23% 179.28% -19.51%
Accrued Expenses $4.580M $4.049M $6.921M
YoY Change -36.68% -41.5% 557.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.947M $9.686M $9.779M
YoY Change -19.26% -0.95% 152.36%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $5.000K
YoY Change -100.0% -100.0% -99.78%
Other Long-Term Liabilities $92.00K $195.0K $5.181M
YoY Change -95.49% -96.24% 242.21%
Total Long-Term Liabilities $92.00K $195.0K $5.186M
YoY Change -95.49% -96.24% 38.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.947M $9.686M $9.779M
Total Long-Term Liabilities $92.00K $195.0K $5.186M
Total Liabilities $19.43M $21.62M $17.73M
YoY Change 40.62% 21.9% 123.93%
SHAREHOLDERS EQUITY
Retained Earnings -$381.7M -$352.8M
YoY Change 81.51%
Common Stock $3.000K $3.000K
YoY Change -80.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $76.16M $99.05M $246.3M
YoY Change
Total Liabilities & Shareholders Equity $95.58M $120.7M $264.0M
YoY Change -60.96% -54.29% 763.51%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$28.98M -$28.66M -$23.12M
YoY Change 28.81% 23.97% 339.26%
Depreciation, Depletion And Amortization $500.0K $400.0K $900.0K
YoY Change 25.0% -55.56% 310.96%
Cash From Operating Activities -$20.13M -$19.86M -$15.47M
YoY Change 21.84% 28.38% 22.6%
INVESTING ACTIVITIES
Capital Expenditures $363.0K $273.0K -$176.0K
YoY Change -201.97% -255.11% -92.29%
Acquisitions
YoY Change
Other Investing Activities $30.25M $20.39M -$109.2M
YoY Change -177.18% -118.67%
Cash From Investing Activities $29.88M $20.12M -$109.4M
YoY Change -175.57% -118.39% -139.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.00K -56.00K -857.0K
YoY Change -98.96% -93.47% -99.69%
NET CHANGE
Cash From Operating Activities -20.13M -19.86M -15.47M
Cash From Investing Activities 29.88M 20.12M -109.4M
Cash From Financing Activities -11.00K -56.00K -857.0K
Net Change In Cash 9.741M 198.0K -125.7M
YoY Change -117.05% -100.16% 766.26%
FREE CASH FLOW
Cash From Operating Activities -$20.13M -$19.86M -$15.47M
Capital Expenditures $363.0K $273.0K -$176.0K
Free Cash Flow -$20.50M -$20.14M -$15.30M
YoY Change 26.77% 31.64% 47.97%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001826681
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-39897
dei Entity Registrant Name
EntityRegistrantName
SARCOS TECHNOLOGY AND ROBOTICS CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
85-2838301
dei Entity Address Address Line1
EntityAddressAddressLine1
650 South 500 West
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 150
dei Entity Address City Or Town
EntityAddressCityOrTown
Salt Lake City
dei Entity Address State Or Province
EntityAddressStateOrProvince
UT
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
84101
dei City Area Code
CityAreaCode
888
dei Local Phone Number
LocalPhoneNumber
927-7296
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
25800000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25566000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35159000
CY2023Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
49579000
CY2022Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
79337000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1280000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1866000
CY2023Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
1527000
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
4160000
CY2023Q2 us-gaap Inventory Net
InventoryNet
3723000
CY2022Q4 us-gaap Inventory Net
InventoryNet
3562000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3594000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5015000
CY2023Q2 us-gaap Assets Current
AssetsCurrent
85269000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
129099000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6763000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7640000
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17479000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
19116000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10692000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11283000
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
463000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
487000
CY2023Q2 us-gaap Assets
Assets
120666000
CY2022Q4 us-gaap Assets
Assets
167625000
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
4597000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3620000
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4049000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6025000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1040000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
887000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
9686000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
10532000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
11736000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
12387000
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
195000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
256000
CY2023Q2 us-gaap Liabilities
Liabilities
21617000
CY2022Q4 us-gaap Liabilities
Liabilities
23175000
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
165000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
165000000
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25841889
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25841889
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25708519
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25708519
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
3000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
3000
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
451815000
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
447085000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-12000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-17000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-352757000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-302621000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
99049000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
144450000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
120666000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
167625000
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1277000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3038000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3573000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3781000
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
943000
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
3146000
us-gaap Cost Of Revenue
CostOfRevenue
2729000
us-gaap Cost Of Revenue
CostOfRevenue
3634000
CY2023Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11706000
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7569000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21109000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13450000
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8252000
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18146000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17987000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
35938000
CY2023Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4410000
CY2022Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2586000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
8151000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4797000
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
819000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
574000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1638000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
574000
CY2023Q2 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
5106000
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
5106000
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
31236000
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
32021000
us-gaap Costs And Expenses
CostsAndExpenses
56720000
us-gaap Costs And Expenses
CostsAndExpenses
58393000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-29959000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-28983000
us-gaap Operating Income Loss
OperatingIncomeLoss
-53147000
us-gaap Operating Income Loss
OperatingIncomeLoss
-54612000
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
874000
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
148000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1973000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
159000
CY2023Q2 strc Gain Loss On Warrant Liability
GainLossOnWarrantLiability
439000
CY2022Q2 strc Gain Loss On Warrant Liability
GainLossOnWarrantLiability
4113000
strc Gain Loss On Warrant Liability
GainLossOnWarrantLiability
3000
strc Gain Loss On Warrant Liability
GainLossOnWarrantLiability
10527000
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-11000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1038000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-28657000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24724000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-50133000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-43926000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1606000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1606000
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-28660000
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-23118000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-50136000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-42320000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.12
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.12
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.95
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.95
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.97
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.97
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.79
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25512057
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25512057
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24379549
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24379549
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25491654
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25491654
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23685766
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23685766
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-28660000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-23118000
us-gaap Profit Loss
ProfitLoss
-50136000
us-gaap Profit Loss
ProfitLoss
-42320000
CY2023Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-54000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-54000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-28714000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-23118000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-50131000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-42320000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
213962000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10850000
CY2022Q1 strc Shares Repurchased For Payment Of Tax Withholdings And Other Value
SharesRepurchasedForPaymentOfTaxWithholdingsAndOtherValue
-5250000
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
65000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-19202000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
200425000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10270000
CY2022Q2 strc Shares Repurchased For Payment Of Tax Withholdings And Other Value
SharesRepurchasedForPaymentOfTaxWithholdingsAndOtherValue
-1342000
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
486000
CY2022Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
59556000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-23118000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
246277000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
144450000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2664000
CY2023Q1 strc Shares Repurchased For Payment Of Tax Withholdings And Other Value
SharesRepurchasedForPaymentOfTaxWithholdingsAndOtherValue
35000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
59000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-21476000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
125732000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2070000
CY2023Q2 strc Shares Repurchased For Payment Of Tax Withholdings And Other Value
SharesRepurchasedForPaymentOfTaxWithholdingsAndOtherValue
-39000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-54000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-28660000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
99049000
us-gaap Net Income Loss
NetIncomeLoss
-50136000
us-gaap Net Income Loss
NetIncomeLoss
-42320000
us-gaap Share Based Compensation
ShareBasedCompensation
4734000
us-gaap Share Based Compensation
ShareBasedCompensation
21120000
us-gaap Depreciation
Depreciation
843000
us-gaap Depreciation
Depreciation
594000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1638000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
574000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-3000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-10527000
us-gaap Investment Income Amortization Of Discount
InvestmentIncomeAmortizationOfDiscount
1365000
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
5106000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-586000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-463000
strc Increase Decrease In Unbilled Receivables Under Changes In Operating Assets
IncreaseDecreaseInUnbilledReceivablesUnderChangesInOperatingAssets
-2634000
strc Increase Decrease In Unbilled Receivables Under Changes In Operating Assets
IncreaseDecreaseInUnbilledReceivablesUnderChangesInOperatingAssets
635000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4588000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
424000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1420000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-3941000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-615000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-356000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1005000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-401000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1823000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1242000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-651000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1907000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-39985000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-27924000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
673000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
690000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-29687000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
48872000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
79507000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
80000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
30455000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-109884000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
551000
strc Shares Repurchased For Payment Of Tax Withholdings
SharesRepurchasedForPaymentOfTaxWithholdings
61000
strc Shares Repurchased For Payment Of Tax Withholdings
SharesRepurchasedForPaymentOfTaxWithholdings
6596000
strc Payment Of Obligations Under Capital Leases
PaymentOfObligationsUnderCapitalLeases
2000
strc Payment Of Obligations Under Capital Leases
PaymentOfObligationsUnderCapitalLeases
2000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-63000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6047000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9593000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-143855000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
35159000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
217114000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25566000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
73259000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000
strc Common Stock And Assumed Equity Awards As Consideration For An Acquisition Of A Business
CommonStockAndAssumedEquityAwardsAsConsiderationForAnAcquisitionOfABusiness
59556000
strc Purchase Of Property And Equipment Included In Accounts Payable
PurchaseOfPropertyAndEquipmentIncludedInAccountsPayable
12000
CY2021Q3 strc Right To Receive Exchange Ratio Of Common Stock
RightToReceiveExchangeRatioOfCommonStock
0.00854870404
CY2021Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.0001
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
5100000
us-gaap Restructuring Charges
RestructuringCharges
5100000
CY2023Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4400000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
700000
us-gaap Severance Costs1
SeveranceCosts1
1500000
CY2023Q2 strc Cash Cash Equivalents And Marketable Securities
CashCashEquivalentsAndMarketableSecurities
75100000
CY2022Q4 strc Cash Cash Equivalents And Marketable Securities
CashCashEquivalentsAndMarketableSecurities
114500000
CY2023Q2 strc Retained Earning Accumlated Deficit
RetainedEarningAccumlatedDeficit
-352800000
CY2023Q2 strc Working Capital
WorkingCapital
75600000
CY2023Q2 us-gaap Revenues
Revenues
1277000
CY2022Q2 us-gaap Revenues
Revenues
3038000
us-gaap Revenues
Revenues
3573000
us-gaap Revenues
Revenues
3781000
CY2022Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Current
ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent
1866000
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
4160000
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
62000
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
11000
strc Increase Decrease In Accounts Receivable Inclusive Of Accounts Receivable Acquired In Business Combination
IncreaseDecreaseInAccountsReceivableInclusiveOfAccountsReceivableAcquiredInBusinessCombination
-586000
strc Increase Decrease Unbilled Receivable
IncreaseDecreaseUnbilledReceivable
-2633000
strc Increase Decrease In Contract Assets Current
IncreaseDecreaseInContractAssetsCurrent
190000
strc Increas Decrease In Contract Assets Long Term
IncreasDecreaseInContractAssetsLongTerm
-10000
CY2023Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Current
ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent
1280000
CY2023Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
1527000
CY2023Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
252000
CY2023Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
1000
CY2023Q2 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
0
CY2022Q2 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
0
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
0
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
0
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4800000
CY2023Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
49579000
CY2023Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
194000
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
79337000
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
253000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
49600000
CY2023Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
2757000
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
2081000
CY2023Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
78000
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
180000
CY2023Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
888000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1301000
CY2023Q2 us-gaap Inventory Net
InventoryNet
3723000
CY2022Q4 us-gaap Inventory Net
InventoryNet
3562000
CY2023Q2 us-gaap Inventory Adjustments
InventoryAdjustments
1100000
CY2022Q4 us-gaap Inventory Adjustments
InventoryAdjustments
400000
CY2023Q2 us-gaap Prepaid Insurance
PrepaidInsurance
1304000
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
3420000
CY2023Q2 strc Other Prepaid Expenses And Assets
OtherPrepaidExpensesAndAssets
777000
CY2022Q4 strc Other Prepaid Expenses And Assets
OtherPrepaidExpensesAndAssets
404000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3594000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5015000
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10076000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10266000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3313000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2626000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6763000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7640000
CY2023Q2 us-gaap Depreciation
Depreciation
400000
CY2022Q2 us-gaap Depreciation
Depreciation
300000
us-gaap Depreciation
Depreciation
800000
us-gaap Depreciation
Depreciation
600000
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2969000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4271000
CY2023Q2 strc Other Accrued Expenses And Current Liabilities
OtherAccruedExpensesAndCurrentLiabilities
1080000
CY2022Q4 strc Other Accrued Expenses And Current Liabilities
OtherAccruedExpensesAndCurrentLiabilities
1754000
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4049000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6025000
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
21300000
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3821000
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17479000
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1600000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1639000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3276000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3276000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3276000
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1996000
CY2023Q2 strc Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
4016000
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17479000
CY2023Q2 strc Contingent Merger Consideration Earn Out Shares Remaining Issuable
ContingentMergerConsiderationEarnOutSharesRemainingIssuable
4687500
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2377503
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.80
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7DT2H
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
698000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1859200
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.79
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
618299
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.99
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3618404
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.08
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y10M24D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
275000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1414864
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
9.48
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y9M18D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
698000
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1429424
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
11.55
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
275000
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2070000
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10270000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4734000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21120000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-28660000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-23118000
us-gaap Net Income Loss
NetIncomeLoss
-50136000
us-gaap Net Income Loss
NetIncomeLoss
-42320000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25512057
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25512057
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24379549
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24379549
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25491654
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25491654
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23685766
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23685766
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.12
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.12
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.95
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.95
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.97
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.97
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.79
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13389271
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11586027
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13389271
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11586027
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1600000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1600000
CY2023Q2 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
2000000.0
strc Defined Contribution Plan Maximum Deferred Compensation By Employees Percentage
DefinedContributionPlanMaximumDeferredCompensationByEmployeesPercentage
1
CY2022 strc Defined Contribution Plan Maximum Deferred Compensation By Employees Percentage
DefinedContributionPlanMaximumDeferredCompensationByEmployeesPercentage
1

Files In Submission

Name View Source Status
0000950170-23-040636-index-headers.html Edgar Link pending
0000950170-23-040636-index.html Edgar Link pending
0000950170-23-040636.txt Edgar Link pending
0000950170-23-040636-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
img94587028_0.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
strc-20230630.htm Edgar Link pending
strc-20230630.xsd Edgar Link pending
strc-ex10_3.htm Edgar Link pending
strc-ex10_4.htm Edgar Link pending
strc-ex31_1.htm Edgar Link pending
strc-ex31_2.htm Edgar Link pending
strc-ex32_1.htm Edgar Link pending
strc-ex32_2.htm Edgar Link pending
strc-20230630_def.xml Edgar Link unprocessable
strc-20230630_lab.xml Edgar Link unprocessable
strc-20230630_pre.xml Edgar Link unprocessable
strc-20230630_htm.xml Edgar Link completed
strc-20230630_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable