2023 Q1 Form 10-K Financial Statement

#000121390023024118 Filed on March 29, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $5.033M $3.887M $14.87M
YoY Change 47.9% 111.71% 161.81%
Cost Of Revenue $3.106M $2.168M $8.915M
YoY Change 59.45% 10.9% 172.63%
Gross Profit $1.927M $1.719M $5.953M
YoY Change 32.44% -1544.54% 147.11%
Gross Profit Margin 38.29% 44.22% 40.04%
Selling, General & Admin $2.242M $2.170M $11.11M
YoY Change -17.12% -33.44% 58.32%
% of Gross Profit 116.35% 126.24% 186.59%
Research & Development $3.887M $4.132M $19.77M
YoY Change -29.15% -47.09% 72.33%
% of Gross Profit 201.71% 240.37% 332.07%
Depreciation & Amortization $755.0K $768.0K $611.0K
YoY Change -2.71% -27.89% -45.25%
% of Gross Profit 39.18% 44.68% 10.26%
Operating Expenses $5.723M $6.302M $38.27M
YoY Change -30.13% -43.07% 106.98%
Operating Profit -$3.796M -$4.583M -$32.31M
YoY Change -43.65% -59.04% 100.97%
Interest Expense $658.0K $14.00K $16.00K
YoY Change -99.73% -99.46%
% of Operating Profit
Other Income/Expense, Net -$10.00K -$78.00K -$89.00K
YoY Change -44.44% -86.73% -302.27%
Pretax Income -$3.148M -$14.59M -$32.40M
YoY Change -53.39% 120.34% 196.93%
Income Tax
% Of Pretax Income
Net Earnings -$3.148M -$14.59M -$32.40M
YoY Change -53.39% 120.34% 199.98%
Net Earnings / Revenue -62.55% -375.43% -217.9%
Basic Earnings Per Share -$0.15 -$1.61
Diluted Earnings Per Share -$0.15 -$0.71 -$1.61
COMMON SHARES
Basic Shares Outstanding 14.27M shares 12.77M 20.10M shares
Diluted Shares Outstanding 21.56M shares 20.10M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.392M $2.906M $2.906M
YoY Change -85.77% -80.83% -80.83%
Cash & Equivalents $805.0K $1.828M $1.828M
Short-Term Investments $587.0K $1.078M $1.078M
Other Short-Term Assets $742.0K $1.174M $1.174M
YoY Change -44.34% 1.29% 1.29%
Inventory $4.853M $5.348M $5.348M
Prepaid Expenses $574.0K
Receivables $2.881M $3.244M $3.244M
Other Receivables $0.00 $41.00K $41.00K
Total Short-Term Assets $9.868M $12.71M $12.71M
YoY Change -47.68% -46.31% -46.31%
LONG-TERM ASSETS
Property, Plant & Equipment $2.078M $2.225M $3.372M
YoY Change -26.1% -5.28% 13.69%
Goodwill
YoY Change
Intangibles $5.754M $6.278M
YoY Change -24.86%
Long-Term Investments $0.00 $0.00
YoY Change -100.0% -100.0%
Other Assets $122.0K $123.0K $123.0K
YoY Change 56.41% 57.69% 57.69%
Total Long-Term Assets $8.940M $9.773M $9.773M
YoY Change -61.28% -59.74% -59.74%
TOTAL ASSETS
Total Short-Term Assets $9.868M $12.71M $12.71M
Total Long-Term Assets $8.940M $9.773M $9.773M
Total Assets $18.81M $22.49M $22.49M
YoY Change -55.16% -53.11% -53.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.364M $1.844M $1.844M
YoY Change -29.73% -4.8% -4.8%
Accrued Expenses $1.945M $2.504M $2.504M
YoY Change -30.41% -13.74% -23.71%
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 $3.553M $4.680M $4.680M
YoY Change -30.29% -16.34% -16.34%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.825M $2.549M $2.549M
YoY Change 344.04% 785.07% 785.07%
Total Long-Term Liabilities $1.825M $2.549M $2.549M
YoY Change 344.04% 785.07% 785.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.553M $4.680M $4.680M
Total Long-Term Liabilities $1.825M $2.549M $2.549M
Total Liabilities $5.378M $7.229M $7.229M
YoY Change -2.36% 22.9% 22.9%
SHAREHOLDERS EQUITY
Retained Earnings -$152.7M -$149.6M
YoY Change 27.64%
Common Stock $15.00K $14.00K
YoY Change -99.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.43M $15.26M $15.26M
YoY Change
Total Liabilities & Shareholders Equity $18.81M $22.49M $22.49M
YoY Change -55.16% -53.11% -53.11%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$3.148M -$14.59M -$32.40M
YoY Change -53.39% 120.34% 199.98%
Depreciation, Depletion And Amortization $755.0K $768.0K $611.0K
YoY Change -2.71% -27.89% -45.25%
Cash From Operating Activities -$1.414M -$2.601M -$16.02M
YoY Change -75.37% -65.06% 33.32%
INVESTING ACTIVITIES
Capital Expenditures $84.00K $411.0K $988.0K
YoY Change 10.53% -289.4% -518.64%
Acquisitions
YoY Change
Other Investing Activities $500.0K $9.000K $11.05M
YoY Change -86.64% -99.95% 60.93%
Cash From Investing Activities $416.0K -$402.0K $10.04M
YoY Change -88.59% -102.22% 51.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.099M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$25.00K 1.979M $1.918M
YoY Change 177.78% -119.08% -79.96%
NET CHANGE
Cash From Operating Activities -$1.414M -2.601M -$16.02M
Cash From Investing Activities $416.0K -402.0K $10.04M
Cash From Financing Activities -$25.00K 1.979M $1.918M
Net Change In Cash -$1.023M -1.024M -$4.065M
YoY Change -51.33% -509.6% -197.23%
FREE CASH FLOW
Cash From Operating Activities -$1.414M -$2.601M -$16.02M
Capital Expenditures $84.00K $411.0K $988.0K
Free Cash Flow -$1.498M -$3.012M -$17.01M
YoY Change -74.24% -58.33% 44.38%

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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
988000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
71000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
21000 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
165000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
11534000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
400000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
488000 usd
CY2021 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
6464000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
10037000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
6628000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2099000 usd
CY2022 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
61000 usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
785000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
37000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1262000 usd
CY2021 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
9055000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
120000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1918000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9569000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4065000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4181000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5893000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1712000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1828000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5893000 usd
CY2022 us-gaap Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
3673000 usd
CY2022 prso Recognition Of Rightofuse Assets And Lease Liabilities
RecognitionOfRightofuseAssetsAndLeaseLiabilities
1003000 usd
CY2022 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-26000 usd
CY2021Q4 prso Fair Value Of New Warrant Liability Issued Recognized As Debt Discount
FairValueOfNewWarrantLiabilityIssuedRecognizedAsDebtDiscount
-2604000 usd
CY2021Q4 prso Settlement Of Loan Facility Against Tax Receivables
SettlementOfLoanFacilityAgainstTaxReceivables
-1097000 usd
CY2021Q4 prso Effect Of Business Combination
EffectOfBusinessCombination
-37627000 usd
CY2021 prso Settlement Of Warrants To Common Stock
SettlementOfWarrantsToCommonStock
1208000 usd
CY2021 us-gaap Conversion Of Stock Amount Converted1
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13545000 usd
CY2021Q3 prso Agreement Amount
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2864555 usd
CY2022Q4 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
32400000 usd
CY2021Q4 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
10900000 usd
CY2022Q4 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
149600000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
61000000 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
3824000 usd
CY2022Q4 prso Prepaid Inventory And Production Cost
PrepaidInventoryAndProductionCost
186000 usd
CY2021Q4 us-gaap Commitments And Contingencies
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CY2022 us-gaap Use Of Estimates
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.5in">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses recognized during the reported period. Material estimates may include assumptions made in determining reserves for uncollectible receivables, inventory write-downs, impairment of long-term assets, purchase price allocations, valuation allowance on deferred tax assets, accruals for potential liabilities and assumptions made in valuing equity instruments. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i> </i></b></p>
CY2022Q4 prso Allowance For Doubtful Accounts As Percentage Of Invoice Value For Problematic Customer Balances Maximum
AllowanceForDoubtfulAccountsAsPercentageOfInvoiceValueForProblematicCustomerBalancesMaximum
1 pure
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
183000000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
420000000 usd
CY2021Q4 prso Scientific Research And Experimental Development Cost Tax Credit Eligible Percentage
ScientificResearchAndExperimentalDevelopmentCostTaxCreditEligiblePercentage
0.15 pure
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
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CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
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8468000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6278000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8447000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-92000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8355000 usd
CY2022 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
28000000 usd
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
5000000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2099000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2099000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2011000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
28000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
31000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6278000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
10670000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
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CY2022 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
9900000 usd
CY2022 us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
The Company sells its products both directly to customers and through distributors generally under agreements with payment terms typically 60 days or less.
CY2022 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
1100000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
243000000 usd
CY2022 prso Revenue Practical Expedient Period In Which Customer Payments Due From Invoice Date
RevenuePracticalExpedientPeriodInWhichCustomerPaymentsDueFromInvoiceDate
P60Y
CY2021 prso Payroll Subsidies
PayrollSubsidies
1120475000 usd
CY2021 prso Rent Subsidies
RentSubsidies
199235000 usd
CY2021 us-gaap Acquisition Costs
AcquisitionCosts
1628000 usd
CY2021 prso Business Acquisitions Pro Forma Adjusted Net Income Loss
BusinessAcquisitionsProFormaAdjustedNetIncomeLoss
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CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9330000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3595000 shares
CY2021Q4 prso Conversion Ratio Of Common Stock2
ConversionRatioOfCommonStock2
0.045239122387267 pure
CY2022 prso Ownership Percentage
OwnershipPercentage
0.61 pure
CY2022 us-gaap Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
20 pure
CY2022 us-gaap Debt Instrument Convertible Threshold Consecutive Trading Days1
DebtInstrumentConvertibleThresholdConsecutiveTradingDays1
30 pure
CY2022Q4 us-gaap Debt Instrument Convertible Liquidation Preference Per Share
DebtInstrumentConvertibleLiquidationPreferencePerShare
8.57
CY2022Q4 prso Percentage Of Number Of Exchangeable Shares Issued Remain Outstanding
PercentageOfNumberOfExchangeableSharesIssuedRemainOutstanding
0.10 pure
CY2022 prso Percentage Of Voting Securities
PercentageOfVotingSecurities
0.50 pure
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
1 usd
CY2022Q4 prso Common Stock Shares Issued And Outstanding
CommonStockSharesIssuedAndOutstanding
21569158 shares
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
19064000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
2558000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
833000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
8282000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
9946000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
3056000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
37627000 usd
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2022Q4 prso Corporate Notes And Commercial Paper
CorporateNotesAndCommercialPaper
1078000 usd
CY2022Q4 prso Warrant Liability
WarrantLiability
2079000 usd
CY2021Q4 prso Corporate Notes And Commercial Paper
CorporateNotesAndCommercialPaper
12195000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2931000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
25000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2906000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
18104000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
16000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
18088000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1279000 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
879000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2595000 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2170000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1474000 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
775000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
5348000 usd
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2021Q4 prso Prepaid Inventory And Production Cost
PrepaidInventoryAndProductionCost
671000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
47000 usd
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
44000 usd
CY2022Q4 prso Prepaid Softwares
PrepaidSoftwares
173000 usd
CY2021Q4 prso Prepaid Softwares
PrepaidSoftwares
277000 usd
CY2022Q4 prso Other Prepaid Expenses
OtherPrepaidExpenses
168000 usd
CY2021Q4 prso Other Prepaid Expenses
OtherPrepaidExpenses
167000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
574000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1159000 usd
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4630000 usd
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
8944000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
342000 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2200000 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
93000 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
323000 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
555000 usd
CY2021Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
354000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5620000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11821000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
3395000 usd
CY2021Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
9472000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2225000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2349000 usd
CY2022 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
6380000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6227000 usd
CY2022Q4 us-gaap Sale Leaseback Transaction Accumulated Depreciation
SaleLeasebackTransactionAccumulatedDepreciation
153000 usd
CY2022Q4 us-gaap Sale Leaseback Transaction Net Book Value
SaleLeasebackTransactionNetBookValue
153000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
469000 usd
CY2021Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
506000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
514000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1252000 usd
CY2021Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
340000 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
14000 usd
CY2021Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
190000 usd
CY2021Q4 us-gaap Inventory Adjustments
InventoryAdjustments
233000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
330000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
39000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
29000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
451000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
353000 usd
CY2022Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1817000 usd
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
2903000 usd
CY2022Q4 us-gaap Incentive To Lessee
IncentiveToLessee
220000000 usd
CY2022 us-gaap Proceeds From Lease Payments
ProceedsFromLeasePayments
1000000 usd
CY2022Q4 us-gaap Lessee Operating Lease Discount Rate
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0.08 pure
CY2022Q1 prso Lease Liability
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274000000 usd
CY2022Q4 us-gaap Proceeds From Lease Payments
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124000000 usd
CY2022Q4 prso Lease Liability
LeaseLiability
117000000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
826000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
321000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1147000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
834000 usd
CY2022Q4 prso Finance Lease Liabilities
FinanceLeaseLiabilities
323000 usd
CY2022Q4 prso Operating And Financing Lease Liabilities
OperatingAndFinancingLeaseLiabilities
1157000 usd
CY2022Q4 prso Operating Leases Future Minimum Payment Due Current
OperatingLeasesFutureMinimumPaymentDueCurrent
688000 usd
CY2022Q4 prso Operating Leases Future Minimum Payment Due In Two Years
OperatingLeasesFutureMinimumPaymentDueInTwoYears
263000 usd
CY2022Q4 prso Operating Leases Future Minimum Payment Due In Three Years
OperatingLeasesFutureMinimumPaymentDueInThreeYears
164000 usd
CY2022Q4 prso Operating Leases Future Minimum Payment Due In Four Years
OperatingLeasesFutureMinimumPaymentDueInFourYears
107000 usd
CY2022Q4 prso Operating Leases Future Minimum Payment Due In Five Years
OperatingLeasesFutureMinimumPaymentDueInFiveYears
81000 usd
CY2022Q4 prso Operating Leases Future Minimum Payment Due
OperatingLeasesFutureMinimumPaymentDue
1303000 usd
CY2022Q4 us-gaap Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
146000 usd
CY2022Q4 prso Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
1157000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
704000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
248000 usd
CY2022Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
700000 usd
CY2021 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
600000 usd
CY2022 prso Warrant Term
WarrantTerm
P3Y
CY2022 prso Defined Contribution Plan Required Age Of Employees To Be Eligible For Participation In Plan
DefinedContributionPlanRequiredAgeOfEmployeesToBeEligibleForParticipationInPlan
P21Y
CY2022 prso Defined Contribution Plan Maximum Contributions By Plan Participants Percentage
DefinedContributionPlanMaximumContributionsByPlanParticipantsPercentage
0.15 pure
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
14868000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
5679000 usd
CY2022 us-gaap Production Costs
ProductionCosts
14199000 usd
CY2021 us-gaap Production Costs
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4906000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2022Q4 us-gaap Percentage Of Fifo Inventory
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0.10 pure
CY2022 prso Accounts Receiveble Percentage
AccountsReceiveblePercentage
0.79 pure
CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
183000 usd
CY2021 prso Accounts Receiveble Percentage
AccountsReceiveblePercentage
0.96 pure
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1693000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
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CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4300000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4400000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
9017000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5409000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
344000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
198000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
611000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
917000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2682000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2691000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
965000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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