2023 Q2 Form 10-Q Financial Statement

#000121390023039800 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $2.403M $5.033M
YoY Change -43.91% 47.9%
Cost Of Revenue $1.795M $3.106M
YoY Change -35.87% 59.45%
Gross Profit $608.0K $1.927M
YoY Change -59.06% 32.44%
Gross Profit Margin 25.3% 38.29%
Selling, General & Admin $1.977M $2.242M
YoY Change -31.31% -17.12%
% of Gross Profit 325.16% 116.35%
Research & Development $3.668M $3.887M
YoY Change -35.0% -29.15%
% of Gross Profit 603.29% 201.71%
Depreciation & Amortization $958.0K $755.0K
YoY Change 25.39% -2.71%
% of Gross Profit 157.57% 39.18%
Operating Expenses $5.645M $5.723M
YoY Change -33.75% -30.13%
Operating Profit -$5.037M -$3.796M
YoY Change -28.41% -43.65%
Interest Expense $658.0K
YoY Change
% of Operating Profit
Other Income/Expense, Net $951.0K -$10.00K
YoY Change -95200.0% -44.44%
Pretax Income -$4.086M -$3.148M
YoY Change -41.98% -53.39%
Income Tax
% Of Pretax Income
Net Earnings -$4.086M -$3.148M
YoY Change -41.98% -53.39%
Net Earnings / Revenue -170.04% -62.55%
Basic Earnings Per Share -$0.17 -$0.15
Diluted Earnings Per Share -$0.17 -$0.15
COMMON SHARES
Basic Shares Outstanding 15.73M shares 14.27M shares
Diluted Shares Outstanding 24.34M shares 21.56M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.740M $1.392M
YoY Change -44.24% -85.77%
Cash & Equivalents $2.146M $805.0K
Short-Term Investments $594.0K $587.0K
Other Short-Term Assets $729.0K $742.0K
YoY Change -49.59% -44.34%
Inventory $5.160M $4.853M
Prepaid Expenses
Receivables $1.497M $2.881M
Other Receivables $0.00 $0.00
Total Short-Term Assets $10.13M $9.868M
YoY Change -32.68% -47.68%
LONG-TERM ASSETS
Property, Plant & Equipment $1.850M $2.078M
YoY Change -9.62% -26.1%
Goodwill
YoY Change
Intangibles $5.031M $5.754M
YoY Change -31.34%
Long-Term Investments
YoY Change
Other Assets $123.0K $122.0K
YoY Change -19.08% 56.41%
Total Long-Term Assets $7.824M $8.940M
YoY Change -64.29% -61.28%
TOTAL ASSETS
Total Short-Term Assets $10.13M $9.868M
Total Long-Term Assets $7.824M $8.940M
Total Assets $17.95M $18.81M
YoY Change -51.42% -55.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.142M $1.364M
YoY Change -52.12% -29.73%
Accrued Expenses $1.625M $1.945M
YoY Change -8.61% -30.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.942M $3.553M
YoY Change -42.86% -30.29%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.967M $1.825M
YoY Change 449.45% 344.04%
Total Long-Term Liabilities $3.967M $1.825M
YoY Change 449.45% 344.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.942M $3.553M
Total Long-Term Liabilities $3.967M $1.825M
Total Liabilities $6.909M $5.378M
YoY Change 17.68% -2.36%
SHAREHOLDERS EQUITY
Retained Earnings -$156.8M -$152.7M
YoY Change 19.72%
Common Stock $22.00K $15.00K
YoY Change -99.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.04M $13.43M
YoY Change
Total Liabilities & Shareholders Equity $17.95M $18.81M
YoY Change -51.42% -55.16%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$4.086M -$3.148M
YoY Change -41.98% -53.39%
Depreciation, Depletion And Amortization $958.0K $755.0K
YoY Change 25.39% -2.71%
Cash From Operating Activities -$2.160M -$1.414M
YoY Change -62.9% -75.37%
INVESTING ACTIVITIES
Capital Expenditures $7.000K $84.00K
YoY Change -102.62% 10.53%
Acquisitions
YoY Change
Other Investing Activities $0.00 $500.0K
YoY Change -100.0% -86.64%
Cash From Investing Activities -$7.000K $416.0K
YoY Change -100.14% -88.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.508M -$25.00K
YoY Change -4715.79% 177.78%
NET CHANGE
Cash From Operating Activities -2.160M -$1.414M
Cash From Investing Activities -7.000K $416.0K
Cash From Financing Activities 3.508M -$25.00K
Net Change In Cash 1.341M -$1.023M
YoY Change -238.11% -51.33%
FREE CASH FLOW
Cash From Operating Activities -$2.160M -$1.414M
Capital Expenditures $7.000K $84.00K
Free Cash Flow -$2.167M -$1.498M
YoY Change -60.99% -74.24%

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-size: 10pt"><b><i>Use of Estimates</i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt"><span style="font-size: 10pt"> </span></p><p style="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt"><span style="font-size: 10pt">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.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-size: 10pt"><b><i> </i></b></span></p>
CY2023Q1 prso Allowance For Doubtful Accounts As Percentage Of Invoice Value For Problematic Customer Balances Maximum
AllowanceForDoubtfulAccountsAsPercentageOfInvoiceValueForProblematicCustomerBalancesMaximum
1 pure
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
183000000 usd
CY2023Q1 us-gaap Inventory Write Down
InventoryWriteDown
361000000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
114000000 usd
CY2023Q1 prso Tax Credit Percentage
TaxCreditPercentage
0.15 pure
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8468000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-2714000 usd
CY2023Q1 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
5754000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8468000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-2190000 usd
CY2022Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
6278000 usd
CY2023Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
7000000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1575000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2099000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2011000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
28000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
31000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5754000 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.
CY2022Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
1100000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
88000000 usd
CY2023Q1 prso Revenue Practical Expedient Period In Which Customer Payments Due From Invoice Date
RevenuePracticalExpedientPeriodInWhichCustomerPaymentsDueFromInvoiceDate
P60Y
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9309000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3569000 shares
CY2023Q1 prso Corporate Notes And Commercial Paper
CorporateNotesAndCommercialPaper
587000 usd
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
1421000 usd
CY2022Q4 prso Corporate Notes And Commercial Paper
CorporateNotesAndCommercialPaper
1078000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2079000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1378000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
14000 usd
CY2023Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1392000 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
CY2023Q1 us-gaap Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
1
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
1 pure
CY2023Q1 us-gaap Deferred Compensation Arrangement With Individual Maximum Contractual Term1
DeferredCompensationArrangementWithIndividualMaximumContractualTerm1
P5Y4M24D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.04 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.14 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Expected Dividend
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend
0 usd
CY2023Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
1568000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1279000 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
1228000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2595000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2057000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1474000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
4853000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
5348000 usd
CY2023Q1 us-gaap Incentive To Lessee
IncentiveToLessee
220000000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1000000 usd
CY2023Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.08 pure
CY2022Q1 prso Lease Liability
LeaseLiability
274000000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
124000000 usd
CY2022Q4 prso Lease Liability
LeaseLiability
117000000 usd
CY2023Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
696000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
290000 usd
CY2023Q1 prso Operating Lease Right Of Use Assets
OperatingLeaseRightOfUseAssets
986000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
692000 usd
CY2023Q1 prso Finance Lease Liabilities
FinanceLeaseLiabilities
291000 usd
CY2023Q1 prso Operating And Financing Lease Liabilities
OperatingAndFinancingLeaseLiabilities
983000 usd
CY2023Q1 prso Operating Leases Future Minimum Payment Due Current
OperatingLeasesFutureMinimumPaymentDueCurrent
477000 usd
CY2023Q1 prso Percentage Of Voting Power
PercentageOfVotingPower
0.10 pure
CY2023Q1 prso Operating Leases Future Minimum Payment Due In Two Years
OperatingLeasesFutureMinimumPaymentDueInTwoYears
263000 usd
CY2023Q1 prso Operating Leases Future Minimum Payment Due In Three Years
OperatingLeasesFutureMinimumPaymentDueInThreeYears
164000 usd
CY2023Q1 prso Operating Leases Future Minimum Payment Due In Four Years
OperatingLeasesFutureMinimumPaymentDueInFourYears
107000 usd
CY2023Q1 prso Operating Leases Future Minimum Payment Due In Five Years
OperatingLeasesFutureMinimumPaymentDueInFiveYears
81000 usd
CY2023Q1 prso Operating Leases Future Minimum Payment Due
OperatingLeasesFutureMinimumPaymentDue
1092000 usd
CY2023Q1 us-gaap Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
109000 usd
CY2023Q1 prso Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
983000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
199000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
129000 usd
CY2023Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
200000 usd
CY2022Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
100000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
5033000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3403000 usd
CY2023Q1 prso Product Category
ProductCategory
4888000 usd
CY2022Q1 prso Product Category
ProductCategory
3204000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2023Q1 us-gaap Percentage Of Fifo Inventory
PercentageOfFIFOInventory
0.10 pure
CY2023Q1 prso Accounts Receiveble Percentage
AccountsReceiveblePercentage
0.77 pure
CY2022 prso Accounts Receiveble Percentage
AccountsReceiveblePercentage
0.79 pure
CY2023Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1100000 usd
CY2023Q1 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
6600000 usd
CY2023Q1 prso Share Based Compensation Arrangement By Share Based Payment Award Term Of Plan
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermOfPlan
P1Y7M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1556000 shares
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1499000 shares
CY2022Q4 prso Weighted Average Exercise Prices Balance
WeightedAverageExercisePricesBalance
3.32
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward
80000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
51000 shares
CY2023Q1 prso Number Of Shares Options Cancelled
NumberOfSharesOptionsCancelled
-17000 shares
CY2023Q1 prso Weighted Average Exercise Prices Options Cancelled
WeightedAverageExercisePricesOptionsCancelled
6.76
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1527000 shares
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1482000 shares
CY2023Q1 prso Weighted Average Exercise Prices Balance
WeightedAverageExercisePricesBalance
3.28
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1057000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
2.06
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
80000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.99
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
51000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
2.07
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1086000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.98
CY2023Q1 prso Exchangeable Percentage
ExchangeablePercentage
0.10 pure
CY2023Q1 prso Voting Power Percentage
VotingPowerPercentage
0.50 pure
CY2022Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
CY2023Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
33000000 usd
CY2023Q1 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
46700000 usd
CY2023Q1 us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
3062500000 usd
CY2023Q1 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
437500000 usd
CY2022 prso Gain On Transaction
GainOnTransaction
2600000 usd
CY2023Q1 prso Gain On Transaction
GainOnTransaction
400000 usd
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
Peraso Inc.
CY2022Q4 prso Preferred Stock Value One
PreferredStockValueOne
usd
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
usd
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19769000 shares
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
usd
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
CY2023Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
CY2023Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
usd
CY2022Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
usd
CY2023Q1 prso Recognition Of Rightofuse Assets And Lease Liabilities
RecognitionOfRightofuseAssetsAndLeaseLiabilities
usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
usd
CY2023Q1 prso Number Of Shares Rs Us Grantedin Dollars Per Share
NumberOfSharesRSUsGrantedinDollarsPerShare
shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecreaseWeightedAverageExercisePrice
CY2023Q1 prso Number Of Shares Rs Us Cancelled And Returned To The Plansin Dollars Per Share
NumberOfSharesRSUsCancelledAndReturnedToThePlansinDollarsPerShare
shares
CY2023Q1 prso Weighted Average Exercise Prices Rs Us Cancelled And Returned To The Plansin Dollars Per Share
WeightedAverageExercisePricesRSUsCancelledAndReturnedToThePlansinDollarsPerShare
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
shares
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000890394

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
prso-20230331_cal.xml Edgar Link unprocessable
prso-20230331_lab.xml Edgar Link unprocessable
0001213900-23-039800-index-headers.html Edgar Link pending
0001213900-23-039800-index.html Edgar Link pending
0001213900-23-039800.txt Edgar Link pending
0001213900-23-039800-xbrl.zip Edgar Link pending
f10q0323ex31-1_perasoinc.htm Edgar Link pending
f10q0323ex31-2_perasoinc.htm Edgar Link pending
f10q0323ex32-1_perasoinc.htm Edgar Link pending
f10q0323_perasoinc.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
prso-20230331.xsd Edgar Link pending
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prso-20230331_def.xml Edgar Link unprocessable
prso-20230331_pre.xml Edgar Link unprocessable
f10q0323_perasoinc_htm.xml Edgar Link completed
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report.css Edgar Link pending
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