2024 Q1 Form 10-K Financial Statement

#000121390024027971 Filed on March 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $2.816M $1.832M $13.75M
YoY Change -44.05% -52.87% -7.53%
Cost Of Revenue $1.510M $4.531M $11.88M
YoY Change -51.38% 108.99% 33.22%
Gross Profit $1.306M -$2.699M $1.872M
YoY Change -32.23% -257.01% -68.55%
Gross Profit Margin 46.38% -147.33% 13.62%
Selling, General & Admin $2.102M $2.174M $8.505M
YoY Change -6.24% 0.18% -23.43%
% of Gross Profit 160.95% 454.33%
Research & Development $2.835M $3.359M $14.40M
YoY Change -27.06% -18.71% -27.17%
% of Gross Profit 217.08% 769.12%
Depreciation & Amortization $992.0K $1.051M $3.811M
YoY Change 31.39% 36.85% 523.73%
% of Gross Profit 75.96% 203.58%
Operating Expenses $4.937M $5.533M $22.90M
YoY Change -13.73% -12.2% -40.15%
Operating Profit -$3.631M -$8.232M -$21.03M
YoY Change -4.35% 79.62% -34.91%
Interest Expense -$21.00K -$21.00K
YoY Change -250.0% -231.25%
% of Operating Profit
Other Income/Expense, Net $9.000K -$706.0K $3.830M
YoY Change -190.0% 805.13% -4403.37%
Pretax Income -$2.031M -$8.938M -$16.80M
YoY Change -35.48% -38.75% -48.16%
Income Tax
% Of Pretax Income
Net Earnings -$2.031M -$8.938M -$16.80M
YoY Change -35.48% -38.75% -48.16%
Net Earnings / Revenue -72.12% -487.88% -122.15%
Basic Earnings Per Share -$1.07 -$26.00
Diluted Earnings Per Share -$1.07 -$12.48 -$26.00
COMMON SHARES
Basic Shares Outstanding 2.161M shares 25.34M shares 646.0K shares
Diluted Shares Outstanding 1.907M shares 646.0K shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.435M $1.583M $1.583M
YoY Change 74.93% -45.53% -45.53%
Cash & Equivalents $2.435M $1.583M $1.583M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $758.0K $620.0K $620.0K
YoY Change 2.16% -47.19% -47.19%
Inventory $2.756M $2.606M $2.606M
Prepaid Expenses $28.00K
Receivables $1.482M $731.0K $731.0K
Other Receivables $27.00K $0.00 $0.00
Total Short-Term Assets $7.458M $5.540M $5.540M
YoY Change -24.42% -56.42% -56.42%
LONG-TERM ASSETS
Property, Plant & Equipment $981.0K $1.771M $1.771M
YoY Change -52.79% -20.4% -47.48%
Goodwill
YoY Change
Intangibles $3.280M
YoY Change -47.75%
Long-Term Investments
YoY Change
Other Assets $121.0K $123.0K $123.0K
YoY Change -0.82% 0.0% 0.0%
Total Long-Term Assets $4.090M $5.174M $5.174M
YoY Change -54.25% -47.06% -47.06%
TOTAL ASSETS
Total Short-Term Assets $7.458M $5.540M $5.540M
Total Long-Term Assets $4.090M $5.174M $5.174M
Total Assets $11.55M $10.71M $10.71M
YoY Change -38.6% -52.35% -52.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.221M $2.448M $2.448M
YoY Change 62.83% 32.75% 32.75%
Accrued Expenses $1.076M $981.0K $981.0K
YoY Change -44.68% -60.82% -60.82%
Deferred Revenue $1.105M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.407M $4.534M $4.534M
YoY Change 24.04% -3.12% -3.12%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $435.0K $2.097M $2.097M
YoY Change -76.16% -17.73% -17.73%
Total Long-Term Liabilities $435.0K $2.097M $2.097M
YoY Change -76.16% -17.73% -17.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.407M $4.534M $4.534M
Total Long-Term Liabilities $435.0K $2.097M $2.097M
Total Liabilities $4.842M $6.631M $6.631M
YoY Change -9.97% -8.27% -8.27%
SHAREHOLDERS EQUITY
Retained Earnings -$168.4M -$166.4M
YoY Change 10.26% 11.23%
Common Stock $2.000K $1.000K
YoY Change -86.67% -92.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.706M $4.083M $4.083M
YoY Change
Total Liabilities & Shareholders Equity $11.55M $10.71M $10.71M
YoY Change -38.6% -52.35% -52.35%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$2.031M -$8.938M -$16.80M
YoY Change -35.48% -38.75% -48.16%
Depreciation, Depletion And Amortization $992.0K $1.051M $3.811M
YoY Change 31.39% 36.85% 523.73%
Cash From Operating Activities -$2.550M $940.0K -$4.690M
YoY Change 80.34% -136.14% -70.72%
INVESTING ACTIVITIES
Capital Expenditures $4.000K $94.00K
YoY Change -99.03% -90.49%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $1.100M
YoY Change -100.0% -100.0% -90.04%
Cash From Investing Activities -$4.000K $1.006M
YoY Change -99.0% -89.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $3.402M -41.00K 3.439M
YoY Change -13708.0% -102.07% 79.3%
NET CHANGE
Cash From Operating Activities -$2.550M 940.0K -4.690M
Cash From Investing Activities -4.000K 1.006M
Cash From Financing Activities $3.402M -41.00K 3.439M
Net Change In Cash $852.0K 895.0K -245.0K
YoY Change -183.28% -187.4% -93.97%
FREE CASH FLOW
Cash From Operating Activities -$2.550M $940.0K -$4.690M
Capital Expenditures $4.000K $94.00K
Free Cash Flow -$2.550M $936.0K -$4.784M
YoY Change 70.23% -131.08% -71.87%

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IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-590000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
59000 usd
CY2023 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-5000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1160000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
604000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-94000 usd
CY2023 prso Increase Decrease In Rightofuse Assets
IncreaseDecreaseInRightofuseAssets
670000 usd
CY2022 prso Increase Decrease In Rightofuse Assets
IncreaseDecreaseInRightofuseAssets
578000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-447000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-542000 usd
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-433000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1128000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4690000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-16020000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
94000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
988000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
21000 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
1100000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
11534000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
488000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1006000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
10037000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3595000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2099000 usd
CY2023 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
107000 usd
CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
61000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
49000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
120000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3439000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1918000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-245000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4065000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1828000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5893000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1583000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1828000 usd
CY2023 prso Initial Recognition Of Warrant Liability
InitialRecognitionOfWarrantLiability
3162000 usd
CY2022 prso Initial Recognition Of Warrant Liability
InitialRecognitionOfWarrantLiability
3673000 usd
CY2023 prso Recognition Of Rightofuse Assets And Lease Liabilities
RecognitionOfRightofuseAssetsAndLeaseLiabilities
138000 usd
CY2022 prso Recognition Of Rightofuse Assets And Lease Liabilities
RecognitionOfRightofuseAssetsAndLeaseLiabilities
1003000 usd
CY2023 prso Unrealized Gainloss On Availableforsale Securities
UnrealizedGainlossOnAvailableforsaleSecurities
-26000 usd
CY2022 prso Unrealized Gainloss On Availableforsale Securities
UnrealizedGainlossOnAvailableforsaleSecurities
26000 usd
CY2023Q4 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
16800000 usd
CY2022Q4 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
32400000 usd
CY2023Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
166400000 usd
CY2023 prso Net Proceeds From Common Stock And Warrants
NetProceedsFromCommonStockAndWarrants
3300000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3280000 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 Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6278000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; 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 and warrant liabilities. Actual results could differ from those estimates.</p>
CY2023 prso Specific Allowance
SpecificAllowance
1 pure
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
30000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
183000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8468000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-5082000 usd
CY2023Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
106000 usd
CY2023 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
28000 usd
CY2022 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
27000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3267000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
6000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3280000 usd
CY2023 prso Business Combinations Term
BusinessCombinationsTerm
P1Y
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
9900000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
0 usd
CY2022 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
1100000 usd
CY2022 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
600000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
332000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
5348000 usd
CY2023Q4 prso Prepaid Inventory And Production Cost
PrepaidInventoryAndProductionCost
452000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
339000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
233000 shares
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1474000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2606000 usd
CY2023Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1748000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
1078000 usd
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
2079000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1583000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1583000 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
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
209000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1279000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1517000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2595000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
880000 usd
CY2023Q4 prso Amount Of Pending Lease Incentive
AmountOfPendingLeaseIncentive
107325 usd
CY2022Q4 prso Prepaid Inventory And Production Cost
PrepaidInventoryAndProductionCost
186000 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
37000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
77000 usd
CY2023Q4 prso Prepaid Software
PrepaidSoftware
67000 usd
CY2022Q4 prso Prepaid Software
PrepaidSoftware
173000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
28000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
138000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
584000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
574000 usd
CY2023Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4848000 usd
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4630000 usd
CY2023Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
377000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
342000 usd
CY2023Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
93000 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
93000 usd
CY2023Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
428000 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
555000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5746000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5620000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
4590000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
3395000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1156000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2225000 usd
CY2023 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
243000 usd
CY2023 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
116000 usd
CY2023 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
127000 usd
CY2022 prso Disposal Group Including Discontinued Operation Gains And Losses On Disposal Of Fixed Assets
DisposalGroupIncludingDiscontinuedOperationGainsAndLossesOnDisposalOfFixedAssets
6380000 usd
CY2022 prso Disposal Group Including Discontinued Operation Accumulated Depreciation
DisposalGroupIncludingDiscontinuedOperationAccumulatedDepreciation
6227000 usd
CY2023 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
535000 usd
CY2023 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
384000 usd
CY2022 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
153000 usd
CY2023Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
405000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
469000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
158000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
514000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
330000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
37000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
39000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
11000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
465000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
611000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
1817000 usd
CY2023Q4 us-gaap Incentive To Lessee
IncentiveToLessee
286200 usd
CY2023Q4 us-gaap Line Of Credit Facility Periodic Payment
LineOfCreditFacilityPeriodicPayment
35775 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1000000 usd
CY2023Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.08 pure
CY2022Q1 prso Lease Liability
LeaseLiability
274000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
124000 usd
CY2022Q4 prso Lease Liability
LeaseLiability
117000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
422000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
193000 usd
CY2023Q4 prso Rightofuse Lease Assets
RightofuseLeaseAssets
615000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
525000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
194000 usd
CY2023Q4 prso Lease Liabilities
LeaseLiabilities
719000 usd
CY2023Q4 prso Lessee Operating And Financing Lease Liability Payments Due Next Twelve Months
LesseeOperatingAndFinancingLeaseLiabilityPaymentsDueNextTwelveMonths
413000 usd
CY2023Q4 prso Lessee Operatingand Financing Lease Liability Payments Due Year Two
LesseeOperatingandFinancingLeaseLiabilityPaymentsDueYearTwo
166000 usd
CY2023Q4 prso Lessee Operatingand Financing Lease Liability Payments Due Year Three
LesseeOperatingandFinancingLeaseLiabilityPaymentsDueYearThree
110000 usd
CY2023Q4 prso Lessee Operatingand Financing Lease Liability Payments Due Year Four
LesseeOperatingandFinancingLeaseLiabilityPaymentsDueYearFour
108000 usd
CY2023Q4 prso Lessee Operatingand Financing Lease Liability Payments Due
LesseeOperatingandFinancingLeaseLiabilityPaymentsDue
797000 usd
CY2023Q4 prso Lessee Operatingand Financing Lease Liability Undiscounted Excess Amount
LesseeOperatingandFinancingLeaseLiabilityUndiscountedExcessAmount
78000 usd
CY2023Q4 prso Lease Liabilities
LeaseLiabilities
719000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
674000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
704000 usd
CY2023 prso Rent Expense
RentExpense
600000 usd
CY2022 prso Rent Expense
RentExpense
700000 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation Amount Of Maturities And Sinking Fund Requirements
RecordedUnconditionalPurchaseObligationAmountOfMaturitiesAndSinkingFundRequirements
2300000 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation Nonfinancial Assets Pledged As Security Value
RecordedUnconditionalPurchaseObligationNonfinancialAssetsPledgedAsSecurityValue
3100000 usd
CY2023 prso Defined Contribution Plan Required Age Of Employees To Be Eligible For Participation In Plan
DefinedContributionPlanRequiredAgeOfEmployeesToBeEligibleForParticipationInPlan
P21Y
CY2023 prso Defined Contribution Plan Maximum Contributions By Plan Participants Percentage
DefinedContributionPlanMaximumContributionsByPlanParticipantsPercentage
0.15 pure
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13749000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14868000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
4847000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
9017000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
328000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
344000 usd
CY2023Q4 prso Deferred Tax Assets Tax Deferred Expense Depreciation And Amortization
DeferredTaxAssetsTaxDeferredExpenseDepreciationAndAmortization
1329000 usd
CY2022Q4 prso Deferred Tax Assets Tax Deferred Expense Depreciation And Amortization
DeferredTaxAssetsTaxDeferredExpenseDepreciationAndAmortization
611000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2429000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2682000 usd
CY2023Q4 prso Deferred Tax Assets Deferred Expense Capitalized Research And Development Costs
DeferredTaxAssetsDeferredExpenseCapitalizedResearchAndDevelopmentCosts
660000 usd
CY2022Q4 prso Deferred Tax Assets Deferred Expense Capitalized Research And Development Costs
DeferredTaxAssetsDeferredExpenseCapitalizedResearchAndDevelopmentCosts
965000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
6744000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
6655000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
16337000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
20274000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
16337000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
20274000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
3900000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
4400000 usd
CY2023 prso Equity Method Ownership Percentage
EquityMethodOwnershipPercentage
0.50 pure
CY2023 prso Percentage Of Limitation On Federal And State Net Operating Loss Carryforwards
PercentageOfLimitationOnFederalAndStateNetOperatingLossCarryforwards
0.91 pure
CY2023 prso Percentage Of Limitation On Federal Tax Credit Carryforwards
PercentageOfLimitationOnFederalTaxCreditCarryforwards
0.98 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
212700000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
131200000 usd
CY2023Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
8100000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
4200000 usd
CY2022 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
4300000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
3300000 usd
CY2023 prso Share Based Compensation Arrangement By Share Based Payment Award Term Of Plan
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermOfPlan
P2Y
CY2023 prso Percentage Of Voting Power
PercentageOfVotingPower
0.10 pure
CY2023 prso Aggregate Exchangeable Shares
AggregateExchangeableShares
1312878 shares
CY2023 prso Exchangeable Shares Percentage
ExchangeableSharesPercentage
0.10 pure
CY2023 prso Voting Power Percentage
VotingPowerPercentage
0.50 pure
CY2023 prso Exchangeable Shares Exchanged Into Common Stock
ExchangeableSharesExchangedIntoCommonStock
133 shares
CY2022 prso Exchangeable Shares Exchanged Into Common Stock
ExchangeableSharesExchangedIntoCommonStock
5 shares
CY2023Q2 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
3400000 usd
CY2022Q4 us-gaap Shares Issued
SharesIssued
32500 shares
CY2022Q4 prso Purchase Price Per Share
PurchasePricePerShare
40
CY2022Q4 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
2100000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1576000 usd
CY2022 prso Number Of Warrants On Common Shares Recognition Of Warrant Liabilities
NumberOfWarrantsOnCommonSharesRecognitionOfWarrantLiabilities
92 shares
CY2022 prso Recognition Of Warrant Liabilities
RecognitionOfWarrantLiabilities
3674000 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-1595000 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
92 shares
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
2079000 usd
CY2023 prso Number Of Warrants On Common Shares Recognition Of Warrant Liabilities
NumberOfWarrantsOnCommonSharesRecognitionOfWarrantLiabilities
143 shares
CY2023 prso Recognition Of Warrant Liabilities
RecognitionOfWarrantLiabilities
3162000 usd
CY2023Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
235 shares
CY2023Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1748000 usd
CY2022Q4 prso Classof Warrantor Right Expired Outstanding
ClassofWarrantorRightExpiredOutstanding
33 shares
CY2021Q4 prso Classof Warrantor Right Expired Outstanding
ClassofWarrantorRightExpiredOutstanding
33 shares
CY2023 us-gaap Payments To Employees
PaymentsToEmployees
111400 usd
CY2022 us-gaap Payments To Employees
PaymentsToEmployees
101000 usd
CY2022 prso Payment To Consultant
PaymentToConsultant
162000 usd
CY2022Q3 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
CY2022Q4 us-gaap Sale Leaseback Transaction Historical Cost
SaleLeasebackTransactionHistoricalCost
2600000000 usd
CY2023 us-gaap Proceeds From Customers
ProceedsFromCustomers
14000000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
3700000 usd
CY2023 prso Shipments Of Additional Eol Orders
ShipmentsOfAdditionalEOLOrders
10300000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
usd
CY2022 us-gaap Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
Unlimited
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
CY2023 prso Financing Cost Warrant Issuance
FinancingCostWarrantIssuance
usd
CY2023 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
usd
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
503000 shares
CY2022 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
usd
CY2023 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
usd
CY2023 us-gaap Product Warranty Expense
ProductWarrantyExpense
usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
CY2023 us-gaap Direct Financing Lease Interest Income
DirectFinancingLeaseInterestIncome
usd
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
usd
CY2023 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
usd
CY2023Q4 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
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://www.PRSO.com/20231231#RightofuseLeaseAssets
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://www.PRSO.com/20231231#RightofuseLeaseAssets
CY2023Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.PRSO.com/20231231#LeaseLiabilities
CY2023Q4 us-gaap Finance Lease Liability Statement Of Financial Position Extensible List
FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.PRSO.com/20231231#LeaseLiabilities
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
shares
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
usd
CY2022 prso Number Of Warrants On Common Shares Change In Fair Value Of Warrants
NumberOfWarrantsOnCommonSharesChangeInFairValueOfWarrants
shares
CY2023 prso Number Of Warrants On Common Shares Change In Fair Value Of Warrants
NumberOfWarrantsOnCommonSharesChangeInFairValueOfWarrants
shares
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0000890394
CY2023Q4 prso Classof Warrantor Right Expired Outstanding
ClassofWarrantorRightExpiredOutstanding
shares
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY

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