2024 Q2 Form 10-Q Financial Statement
#000139297224000063 Filed on May 07, 2024
Income Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| Revenue | $82.01M | $80.69M | $73.18M |
| YoY Change | 8.21% | 10.26% | 10.06% |
| Cost Of Revenue | $28.82M | $28.83M | $29.54M |
| YoY Change | 0.87% | -2.4% | 7.97% |
| Gross Profit | $53.19M | $51.86M | $43.64M |
| YoY Change | 12.65% | 18.82% | 11.52% |
| Gross Profit Margin | 64.86% | 64.27% | 59.63% |
| Selling, General & Admin | $38.59M | $37.74M | $40.15M |
| YoY Change | -0.35% | -5.98% | 1.34% |
| % of Gross Profit | 72.55% | 72.79% | 91.99% |
| Research & Development | $21.79M | $24.41M | $22.29M |
| YoY Change | -0.28% | 9.52% | -8.89% |
| % of Gross Profit | 40.96% | 47.08% | 51.08% |
| Depreciation & Amortization | $2.191M | $2.204M | $3.001M |
| YoY Change | -20.36% | -26.56% | -35.42% |
| % of Gross Profit | 4.12% | 4.25% | 6.88% |
| Operating Expenses | $60.38M | $62.16M | $62.44M |
| YoY Change | -0.33% | -0.45% | -2.57% |
| Operating Profit | -$7.184M | -$10.30M | -$18.80M |
| YoY Change | -46.21% | -45.19% | -29.08% |
| Interest Expense | $1.556M | $1.762M | -$1.576M |
| YoY Change | -198.73% | -211.8% | 0.0% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $1.323M | $458.0K | $1.451M |
| YoY Change | -26.13% | -68.44% | -447.13% |
| Pretax Income | -$7.009M | -$11.05M | -$18.92M |
| YoY Change | -46.66% | -41.62% | -33.6% |
| Income Tax | $377.0K | $311.0K | $81.00K |
| % Of Pretax Income | |||
| Net Earnings | -$7.386M | -$11.36M | -$19.00M |
| YoY Change | -44.42% | -40.23% | -33.65% |
| Net Earnings / Revenue | -9.01% | -14.08% | -25.97% |
| Basic Earnings Per Share | -$0.16 | -$0.24 | -$0.41 |
| Diluted Earnings Per Share | -$0.16 | -$0.24 | -$0.41 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 47.00M shares | 46.74M shares | 45.87M shares |
| Diluted Shares Outstanding | 47.07M shares | 46.82M shares | 45.93M shares |
Balance Sheet
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $139.1M | $156.4M | $192.4M |
| YoY Change | -24.64% | -18.69% | -11.51% |
| Cash & Equivalents | $139.1M | $156.4M | $192.4M |
| Short-Term Investments | |||
| Other Short-Term Assets | $16.25M | $15.45M | $18.58M |
| YoY Change | -7.85% | -16.85% | 11.93% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $47.71M | $51.04M | $45.79M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $203.0M | $222.9M | $256.7M |
| YoY Change | -20.8% | -13.18% | -10.48% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $20.89M | $21.57M | $25.44M |
| YoY Change | -46.03% | -15.21% | -9.59% |
| Goodwill | $107.6M | $107.6M | $107.7M |
| YoY Change | -0.14% | -0.07% | -0.2% |
| Intangibles | $9.078M | $10.38M | $16.05M |
| YoY Change | -37.07% | -35.32% | -34.89% |
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $9.503M | $9.666M | $8.872M |
| YoY Change | -43.24% | 8.95% | 9.27% |
| Total Long-Term Assets | $181.9M | $185.0M | $180.8M |
| YoY Change | 2.39% | 2.31% | -9.51% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $203.0M | $222.9M | $256.7M |
| Total Long-Term Assets | $181.9M | $185.0M | $180.8M |
| Total Assets | $384.9M | $407.9M | $437.6M |
| YoY Change | -11.31% | -6.78% | -10.08% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $6.992M | $2.535M | $4.197M |
| YoY Change | 1.72% | -39.6% | -47.25% |
| Accrued Expenses | $14.76M | $14.99M | $13.36M |
| YoY Change | -61.92% | 12.2% | 7.81% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $0.00 | $21.70M | |
| YoY Change | -100.0% | ||
| Total Short-Term Liabilities | $166.9M | $188.9M | $160.8M |
| YoY Change | -45.29% | 17.44% | -2.08% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $271.6M | $271.9M | $290.2M |
| YoY Change | 84.08% | -6.28% | 0.52% |
| Other Long-Term Liabilities | $1.182M | $1.191M | $1.247M |
| YoY Change | -96.41% | -4.49% | 5.5% |
| Total Long-Term Liabilities | $1.182M | $1.191M | $1.247M |
| YoY Change | -99.34% | -4.49% | 5.5% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $166.9M | $188.9M | $160.8M |
| Total Long-Term Liabilities | $1.182M | $1.191M | $1.247M |
| Total Liabilities | $467.9M | $491.9M | $485.5M |
| YoY Change | -3.6% | 1.31% | -2.78% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$666.0M | -$658.6M | -$609.9M |
| YoY Change | 6.87% | 7.99% | 13.51% |
| Common Stock | $52.00K | $52.00K | $51.00K |
| YoY Change | 1.96% | 1.96% | 2.0% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $29.85M | $29.85M | $29.85M |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Treasury Stock Shares | |||
| Shareholders Equity | -$83.04M | -$84.02M | -$47.97M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $384.9M | $407.9M | $437.6M |
| YoY Change | -11.31% | -6.78% | -10.08% |
Cashflow Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$7.386M | -$11.36M | -$19.00M |
| YoY Change | -44.42% | -40.23% | -33.65% |
| Depreciation, Depletion And Amortization | $2.191M | $2.204M | $3.001M |
| YoY Change | -20.36% | -26.56% | -35.42% |
| Cash From Operating Activities | $6.420M | -$4.644M | -$6.143M |
| YoY Change | -198.14% | -24.4% | -44.23% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $256.0K | $223.0K | $1.546M |
| YoY Change | -7.58% | -85.58% | 235.36% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | -$113.0K | |
| YoY Change | |||
| Cash From Investing Activities | -$256.0K | -$353.0K | -$1.546M |
| YoY Change | -7.58% | -77.17% | 235.36% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -23.54M | -$7.314M | -$3.573M |
| YoY Change | 2356.78% | 104.7% | -390.25% |
| NET CHANGE | |||
| Cash From Operating Activities | 6.420M | -$4.644M | -$6.143M |
| Cash From Investing Activities | -256.0K | -$353.0K | -$1.546M |
| Cash From Financing Activities | -23.54M | -$7.314M | -$3.573M |
| Net Change In Cash | -17.37M | -$12.32M | -$11.25M |
| YoY Change | 123.38% | 9.54% | 10.74% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $6.420M | -$4.644M | -$6.143M |
| Capital Expenditures | $256.0K | $223.0K | $1.546M |
| Free Cash Flow | $6.164M | -$4.867M | -$7.689M |
| YoY Change | -190.39% | -36.7% | -32.99% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
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Cost Of Goods And Services Sold
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|
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Cost Of Goods And Services Sold
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Gross Profit
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|
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Gross Profit
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|
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Selling And Marketing Expense
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Selling And Marketing Expense
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Research And Development Expense Software Excluding Acquired In Process Cost
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Research And Development Expense Software Excluding Acquired In Process Cost
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General And Administrative Expense
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Operating Income Loss
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Operating Income Loss
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Convertibledebtinterestandamortization
Convertibledebtinterestandamortization
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Convertibledebtinterestandamortization
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Nonoperating Income Expense
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Nonoperating Income Expense
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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|
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Income Tax Expense Benefit
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Income Tax Expense Benefit
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Net Income Loss
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Net Income Loss
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Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
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|
-0.24 | |
| CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
|
-0.41 | |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
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Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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Depreciation Depletion And Amortization
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Depreciation Depletion And Amortization
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Amortization Of Financing Costs And Discounts
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Share Based Compensation
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Share Based Compensation
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Provision For Doubtful Accounts
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Provision For Doubtful Accounts
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Gain On Lease Modification
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Gain On Lease Modification
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Gain Loss On Sale Of Other Assets
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Accounts And Unbilled Receivables
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Accounts And Unbilled Receivables
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Increase Decrease In Other Operating Assets
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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| CY2024Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
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| CY2023Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
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Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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Increase Decrease In Accounts Payable
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Increase Decrease In Accrued Liabilities
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Increase Decrease In Accrued Liabilities
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Increase Decrease In Employee Related Liabilities
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Increase Decrease In Employee Related Liabilities
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Increase Decrease In Deferred Revenue
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|
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| CY2023Q1 | us-gaap |
Increase Decrease In Deferred Revenue
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|
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Net Cash Provided By Used In Operating Activities
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| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
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Payments To Acquire Property Plant And Equipment
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|
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Payments To Acquire Property Plant And Equipment
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|
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Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
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Payments To Acquire Other Productive Assets
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Payments To Acquire Other Investments
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Net Cash Provided By Used In Investing Activities
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Proceeds From Stock Plans
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Tax Withholding Related To Net Share Settlement Of Restricted Stock Units
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Tax Withholding Related To Net Share Settlement Of Restricted Stock Units
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Net Cash Provided By Used In Financing Activities
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Net Cash Provided By Used In Financing Activities
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Restricted Cash Noncurrent
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Restricted Cash Noncurrent
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| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
119000 | usd |
| CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
136000 | usd |
| CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-77873000 | usd |
| CY2024Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
-8338000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
1024000 | usd |
| CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12700000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-173000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11357000 | usd |
| CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-84017000 | usd |
| CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-35473000 | usd |
| CY2023Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
-4710000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
1137000 | usd |
| CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9904000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
176000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-19002000 | usd |
| CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-47968000 | usd |
| CY2024Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
Organization and Nature of Operations<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">PROS Holdings, Inc., a Delaware corporation, through its operating subsidiaries (collectively, the "Company"), provides solutions that optimize shopping and selling experiences. PROS solutions leverage artificial intelligence ("AI"), self-learning and automation to ensure that every transactional experience is fast, frictionless and personalized for every shopper, supporting both business-to-business ("B2B") and business-to-consumer ("B2C") companies across industry verticals. Companies can use these selling, pricing, revenue optimization, distribution and retail, and digital offer marketing solutions to assess their market environments in real time to deliver customized prices and offers. The Company's solutions enable their customers to provide the buyers of their products the ability to move fluidly from one sales channel to another, whether direct, partner, online, mobile or other emerging channels, each with a personalized experience regardless of which channel is used. The Company's decades of data science and AI expertise are infused into its solutions and are designed to reduce time and complexity through actionable intelligence.</span></div> | |
| CY2024Q1 | pro |
Treasury Money Market Funds At Fair Value
TreasuryMoneyMarketFundsAtFairValue
|
150600000 | usd |
| CY2023Q4 | pro |
Treasury Money Market Funds At Fair Value
TreasuryMoneyMarketFundsAtFairValue
|
153200000 | usd |
| CY2024Q1 | us-gaap |
Revenue Recognition Customer Acquisitions
RevenueRecognitionCustomerAcquisitions
|
<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Deferred costs</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sales commissions earned by the Company's sales representatives are considered incremental and recoverable costs of obtaining a customer contract. Sales commissions are deferred and amortized on a straight-line basis over the period of benefit, which the Company has determined to be five to eight years. The Company determined the period of benefit by taking into consideration its customer contracts, expected renewals of those customer contracts (as the Company currently does not pay an incremental sales commission for renewals), the Company's technology and other factors. The Company also defers amounts earned by employees other than sales representatives who earn incentive payments under compensation plans also tied to the value of customer contracts acquired. Deferred costs were </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$14.5 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$15.1 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> as of March 31, 2024 and December 31, 2023, respectively. Amortization expense for the deferred costs was </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$1.3 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and $1.5 million for the three months ended March 31, 2024 and 2023, respectively. Amortization of deferred costs is included in </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">selling and marketing expense in the accompanying unaudited condensed consolidated statements of comprehensive loss.</span> | |
| CY2024Q1 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
|
14500000 | usd |
| CY2023Q4 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
|
15100000 | usd |
| CY2024Q1 | us-gaap |
Amortization Of Deferred Charges
AmortizationOfDeferredCharges
|
1300000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Deferred Charges
AmortizationOfDeferredCharges
|
1500000 | usd |
| CY2024Q1 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
54500000 | usd |
| CY2023Q1 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
49400000 | usd |
| CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
447600000 | usd |
| CY2024Q1 | pro |
Revenue Remaining Performance Obligationtoberecognizedwithin12months
RevenueRemainingPerformanceObligationtoberecognizedwithin12months
|
227400000 | usd |
| CY2024Q1 | us-gaap |
Revenues
Revenues
|
80688000 | usd |
| CY2024Q1 | pro |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
1 | |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
73182000 | usd |
| CY2023Q1 | pro |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
1 | |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P15Y | |
| CY2024Q1 | pro |
Lessee Operating Lease Termination Option
LesseeOperatingLeaseTerminationOption
|
P1Y | |
| CY2024Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2233000 | usd |
| CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2251000 | usd |
| CY2024Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2126000 | usd |
| CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
| CY2024Q1 | pro |
Lease Modification Increase In Right Of Use Asset
LeaseModificationIncreaseInRightOfUseAsset
|
2100000 | usd |
| CY2024Q1 | pro |
Lease Modification Increase In Right Of Use Liability
LeaseModificationIncreaseInRightOfUseLiability
|
1400000 | usd |
| CY2024Q1 | pro |
Gain On Lease Modification
GainOnLeaseModification
|
700000 | usd |
| CY2024Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-800000 | usd |
| CY2023Q1 | pro |
Decrease In Right Of Use Asset And Related Lease Liability Due To Modification
DecreaseInRightOfUseAssetAndRelatedLeaseLiabilityDueToModification
|
1000000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
5738000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
3923000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3895000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
3796000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
3856000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
3912000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
14486000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
39606000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
8855000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
30751000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-19002000 | usd |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46817000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45926000 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
46817000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45926000 | shares |
| CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.24 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.41 | |
| CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.24 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.41 | |
| CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12700000 | usd |
| CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9904000 | usd |
| CY2024Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
100000000 | usd |
| CY2024Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y9M18D | |
| CY2024Q1 | pro |
Sharebasedcompensationarrangementbysharebasedpayment Minimum Employee Subscriptionrate
SharebasedcompensationarrangementbysharebasedpaymentMinimumEmployeeSubscriptionrate
|
0.01 | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
|
0.10 | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
|
0.15 | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
|
0.15 | |
| CY2024Q1 | pro |
Maximum Amount Contributablebyemployeesunder Espp Halfyearly
MaximumAmountContributablebyemployeesunderESPPHalfyearly
|
5000 | usd |
| CY2024Q1 | pro |
Maximum Amount Contributable By Employees Under Espp Annually
MaximumAmountContributableByEmployeesUnderESPPAnnually
|
10000 | usd |
| CY2024Q1 | us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
40408 | shares |
| CY2024Q1 | pro |
Esp Pcontributionsby Employees
ESPPcontributionsbyEmployees
|
700000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
288529000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
310700000 | usd |
| CY2023Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
320500000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
288529000 | usd |
| CY2023Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
288529000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
9100000 | usd |
| CY2023Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
9776000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
3990000 | usd |
| CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
4313000 | usd |
| CY2024Q1 | us-gaap |
Convertible Debt
ConvertibleDebt
|
293639000 | usd |
| CY2023Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
293992000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
|
1555000 | usd |
| CY2023Q1 | us-gaap |
Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
|
1203000 | usd |
| CY2024Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
323000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
373000 | usd |
| CY2024Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-676000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | usd |
| CY2024Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1202000 | usd |
| CY2023Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1576000 | usd |
| CY2023Q1 | us-gaap |
Severance Costs1
SeveranceCosts1
|
3600000 | usd |
| CY2023Q1 | pro |
Cash Payments For Severance And Other Related
CashPaymentsForSeveranceAndOtherRelated
|
3200000 | usd |
| CY2024Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
1762000 | usd |
| CY2023Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
1730000 | usd |
| CY2024Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-536000 | usd |
| CY2023Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-203000 | usd |
| CY2024Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-768000 | usd |
| CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-76000 | usd |
| CY2024Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
458000 | usd |
| CY2023Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1451000 | usd |
| CY2024Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-800000 | usd |
| CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
| CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
| CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
| CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false |
