2024 Q4 Form 10-Q Financial Statement

#000158897824000030 Filed on October 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $58.37M
YoY Change 66.29%
Cost Of Revenue $21.46M
YoY Change 32.23%
Gross Profit $36.91M
YoY Change 95.57%
Gross Profit Margin 63.24%
Selling, General & Admin $42.69M
YoY Change 29.83%
% of Gross Profit 115.66%
Research & Development $16.65M
YoY Change 43.51%
% of Gross Profit 45.1%
Depreciation & Amortization $1.328M
YoY Change 26.6%
% of Gross Profit 3.6%
Operating Expenses $59.34M
YoY Change 33.39%
Operating Profit -$22.43M
YoY Change -12.43%
Interest Expense $1.453M
YoY Change 42.59%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$20.97M
YoY Change -14.82%
Income Tax
% Of Pretax Income
Net Earnings -$20.97M
YoY Change -14.82%
Net Earnings / Revenue -35.93%
Basic Earnings Per Share -$0.40
Diluted Earnings Per Share -$0.40
COMMON SHARES
Basic Shares Outstanding 52.18M shares 51.93M shares
Diluted Shares Outstanding 52.01M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $196.8M
YoY Change -31.46%
Cash & Equivalents $196.8M
Short-Term Investments
Other Short-Term Assets $6.321M
YoY Change 32.85%
Inventory $50.85M
Prepaid Expenses
Receivables $69.05M
Other Receivables $0.00
Total Short-Term Assets $323.0M
YoY Change -12.39%
LONG-TERM ASSETS
Property, Plant & Equipment $26.61M
YoY Change -1.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.251M
YoY Change 201.45%
Total Long-Term Assets $51.16M
YoY Change -2.47%
TOTAL ASSETS
Total Short-Term Assets $323.0M
Total Long-Term Assets $51.16M
Total Assets $374.1M
YoY Change -11.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.09M
YoY Change 10.97%
Accrued Expenses $20.67M
YoY Change 38.12%
Deferred Revenue $7.989M
YoY Change 59.56%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $53.65M
YoY Change 29.72%
LONG-TERM LIABILITIES
Long-Term Debt $51.44M
YoY Change 0.26%
Other Long-Term Liabilities $479.0K
YoY Change -98.35%
Total Long-Term Liabilities $51.92M
YoY Change 1.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.65M
Total Long-Term Liabilities $51.92M
Total Liabilities $132.9M
YoY Change 9.16%
SHAREHOLDERS EQUITY
Retained Earnings -$527.1M
YoY Change 23.43%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $241.2M
YoY Change
Total Liabilities & Shareholders Equity $374.1M
YoY Change -11.16%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$20.97M
YoY Change -14.82%
Depreciation, Depletion And Amortization $1.328M
YoY Change 26.6%
Cash From Operating Activities -$18.80M
YoY Change -0.74%
INVESTING ACTIVITIES
Capital Expenditures $246.0K
YoY Change -95.74%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$246.0K
YoY Change -95.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.715M
YoY Change -98.94%
NET CHANGE
Cash From Operating Activities -18.80M
Cash From Investing Activities -246.0K
Cash From Financing Activities 1.715M
Net Change In Cash -17.33M
YoY Change -112.61%
FREE CASH FLOW
Cash From Operating Activities -$18.80M
Capital Expenditures $246.0K
Free Cash Flow -$19.05M
YoY Change -22.96%

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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Interest Payable Net
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5652000 usd
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Interest Paid Net
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CY2023Q3 us-gaap Stock Issued During Period Value New Issues
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5957000 usd
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
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12937000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1210000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Other Operating Assets
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365000 usd
us-gaap Increase Decrease In Accounts Payable
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3227000 usd
us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Salaries
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1949000 usd
us-gaap Increase Decrease In Accrued Salaries
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us-gaap Increase Decrease In Interest Payable Net
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100000 usd
us-gaap Increase Decrease In Interest Payable Net
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us-gaap Increase Decrease In Contract With Customer Liability
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2295000 usd
us-gaap Increase Decrease In Contract With Customer Liability
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2668000 usd
us-gaap Increase Decrease In Operating Lease Liability
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2596000 usd
us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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65228000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
199800000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
290902000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
196762000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
287087000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3038000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3815000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
199800000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
290902000 usd
us-gaap Interest Paid Net
InterestPaidNet
3046000 usd
us-gaap Interest Paid Net
InterestPaidNet
3052000 usd
prct Transfer From Inventory To Property And Equipment Net
TransferFromInventoryToPropertyAndEquipmentNet
13000 usd
prct Transfer From Inventory To Property And Equipment Net
TransferFromInventoryToPropertyAndEquipmentNet
-123000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7837000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span></div><div style="margin-bottom:9pt;text-indent:24.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts and disclosures reported in the condensed consolidated financial statements. Management uses significant judgment when making estimates related to its </span></div>valuation of inventory and accounts receivable, stock-based compensation expense, right-of-use lease asset, lease liability, valuations of loan facility derivative liability, as well as certain accrued liabilities. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from those estimates.
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
11832000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
11832000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
6047000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
6047000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
21877000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
39756000 usd
CY2023Q4 prct Inventory Reclassification From Raw Materials To Work In Process
InventoryReclassificationFromRawMaterialsToWorkInProcess
4900000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
21877000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
39756000 usd
CY2023Q4 prct Inventory Reclassification From Raw Materials To Work In Process
InventoryReclassificationFromRawMaterialsToWorkInProcess
4900000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
33383000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1592000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3669000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1048000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
631000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2832000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8512000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5326000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
21877000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
39756000 usd
CY2023Q4 prct Inventory Reclassification From Raw Materials To Work In Process
InventoryReclassificationFromRawMaterialsToWorkInProcess
4900000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6778000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1048000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
631000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1592000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8512000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5326000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22755000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14153000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
271400000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
144000000.0 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
300400000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
47200000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8900000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1048000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
631000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2832000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1592000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8512000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5326000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22755000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14153000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
271400000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
144000000.0 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
300400000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
169500000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
47200000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8900000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
9900000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
271400000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
144000000.0 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
300400000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
169500000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
47200000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8900000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
9900000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
9900000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-24622000 usd
us-gaap Net Income Loss
NetIncomeLoss
-72557000 usd
us-gaap Net Income Loss
NetIncomeLoss
-78393000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51550000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51550000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46131000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46131000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.40
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.70
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.70
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-24622000 usd
us-gaap Net Income Loss
NetIncomeLoss
-72557000 usd
us-gaap Net Income Loss
NetIncomeLoss
-78393000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52011000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52011000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48310000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51550000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51550000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46131000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46131000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.70
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.70
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-20974000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-24622000 usd
us-gaap Net Income Loss
NetIncomeLoss
-72557000 usd
us-gaap Net Income Loss
NetIncomeLoss
-78393000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51550000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51550000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46131000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46131000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.70
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.70
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6407000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6407000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7109000 shares
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58370000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35102000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
156262000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92610000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6407000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7109000 shares
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58370000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35102000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
156262000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92610000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58370000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35102000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
156262000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92610000 usd
CY2021Q4 prct Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
2 renewaloption
CY2021Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
2000000.0 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
5400000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
6600000 usd
CY2021Q4 prct Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
2 renewaloption
CY2021Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
2000000.0 usd
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
2600000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
5400000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
6600000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1043000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4297000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year One
OperatingLeaseLiabilityAndLongTermDebtMaturityYearOne
8630000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4426000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
26000000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Two
OperatingLeaseLiabilityAndLongTermDebtMaturityYearTwo
30426000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4808000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
21667000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Three
OperatingLeaseLiabilityAndLongTermDebtMaturityYearThree
26475000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4952000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Four
OperatingLeaseLiabilityAndLongTermDebtMaturityYearFour
4952000 usd
CY2024Q3 prct Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Thereafter
OperatingLeaseLiabilityAndLongTermDebtMaturityThereafter
22297000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
41823000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
52000000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Gross
OperatingLeaseLiabilityAndLongTermDebtMaturityGross
93823000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12623000 usd
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
562000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Unamortized Debt Discount
OperatingLeaseLiabilityAndLongTermDebtMaturityUnamortizedDebtDiscount
13185000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
29200000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
51438000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt
OperatingLeaseLiabilityAndLongTermDebt
80638000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1839000 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Current
OperatingLeaseLiabilityAndLongTermDebtCurrent
1839000 usd
CY2021Q4 prct Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
2 renewaloption
CY2021Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
2000000.0 usd
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
2600000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
5400000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4297000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
4333000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4426000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
26000000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Two
OperatingLeaseLiabilityAndLongTermDebtMaturityYearTwo
30426000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4808000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
21667000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Three
OperatingLeaseLiabilityAndLongTermDebtMaturityYearThree
26475000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4952000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Four
OperatingLeaseLiabilityAndLongTermDebtMaturityYearFour
4952000 usd
CY2024Q3 prct Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
22297000 usd
CY2024Q3 prct Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Thereafter
OperatingLeaseLiabilityAndLongTermDebtMaturityThereafter
22297000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
41823000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
52000000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1043000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Remainder Of Fiscal Year
OperatingLeaseLiabilityAndLongTermDebtMaturityRemainderOfFiscalYear
1043000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4297000 usd
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4333000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year One
OperatingLeaseLiabilityAndLongTermDebtMaturityYearOne
8630000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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4426000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
26000000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Two
OperatingLeaseLiabilityAndLongTermDebtMaturityYearTwo
30426000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4808000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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21667000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Three
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26475000 usd
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LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4952000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Year Four
OperatingLeaseLiabilityAndLongTermDebtMaturityYearFour
4952000 usd
CY2024Q3 prct Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
22297000 usd
CY2024Q3 prct Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Thereafter
OperatingLeaseLiabilityAndLongTermDebtMaturityThereafter
22297000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
41823000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
52000000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Gross
OperatingLeaseLiabilityAndLongTermDebtMaturityGross
93823000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12623000 usd
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
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562000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Unamortized Debt Discount
OperatingLeaseLiabilityAndLongTermDebtMaturityUnamortizedDebtDiscount
13185000 usd
CY2024Q3 us-gaap Operating Lease Liability
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29200000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
51438000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt
OperatingLeaseLiabilityAndLongTermDebt
80638000 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Current
OperatingLeaseLiabilityAndLongTermDebtCurrent
1839000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27361000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
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51438000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Excluding Current Maturities
OperatingLeaseLiabilityAndLongTermDebtExcludingCurrentMaturities
78799000 usd
CY2024Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
500000 usd
CY2023Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
400000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1800000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Gross
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93823000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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12623000 usd
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
562000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Maturity Unamortized Debt Discount
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13185000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
29200000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
51438000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt
OperatingLeaseLiabilityAndLongTermDebt
80638000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1839000 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Current
OperatingLeaseLiabilityAndLongTermDebtCurrent
1839000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27361000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
51438000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Excluding Current Maturities
OperatingLeaseLiabilityAndLongTermDebtExcludingCurrentMaturities
78799000 usd
CY2024Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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500000 usd
CY2023Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
400000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1800000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
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CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
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CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
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CY2024Q3 us-gaap Operating Lease Liability Noncurrent
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27361000 usd
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51438000 usd
CY2024Q3 prct Operating Lease Liability And Long Term Debt Excluding Current Maturities
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78799000 usd
CY2024Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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500000 usd
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DefinedContributionPlanEmployerDiscretionaryContributionAmount
400000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1800000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
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false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0001588978-24-000030-index-headers.html Edgar Link pending
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