2024 Q2 Form 10-Q Financial Statement

#000121390024042928 Filed on May 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $4.238M $2.816M $5.033M
YoY Change 76.36% -44.05% 47.9%
Cost Of Revenue $1.887M $1.510M $3.106M
YoY Change 5.13% -51.38% 59.45%
Gross Profit $2.351M $1.306M $1.927M
YoY Change 286.68% -32.23% 32.44%
Gross Profit Margin 55.47% 46.38% 38.29%
Selling, General & Admin $2.141M $2.102M $2.242M
YoY Change 8.3% -6.24% -17.12%
% of Gross Profit 91.07% 160.95% 116.35%
Research & Development $2.644M $2.835M $3.887M
YoY Change -27.92% -27.06% -29.15%
% of Gross Profit 112.46% 217.08% 201.71%
Depreciation & Amortization $991.0K $992.0K $755.0K
YoY Change 3.44% 31.39% -2.71%
% of Gross Profit 42.15% 75.96% 39.18%
Operating Expenses $6.826M $4.937M $5.723M
YoY Change 20.92% -13.73% -30.13%
Operating Profit -$4.475M -$3.631M -$3.796M
YoY Change -11.16% -4.35% -43.65%
Interest Expense $658.0K
YoY Change
% of Operating Profit
Other Income/Expense, Net -$4.000K $9.000K -$10.00K
YoY Change -100.42% -190.0% -44.44%
Pretax Income -$4.425M -$2.031M -$3.148M
YoY Change 8.3% -35.48% -53.39%
Income Tax
% Of Pretax Income
Net Earnings -$4.425M -$2.031M -$3.148M
YoY Change 8.3% -35.48% -53.39%
Net Earnings / Revenue -104.41% -72.12% -62.55%
Basic Earnings Per Share -$1.88 -$1.07 -$0.15
Diluted Earnings Per Share -$1.88 -$1.07 -$0.15
COMMON SHARES
Basic Shares Outstanding 2.595M shares 2.161M shares 14.27M shares
Diluted Shares Outstanding 2.358M shares 1.907M shares 21.56M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.868M $2.435M $1.392M
YoY Change -31.82% 74.93% -85.77%
Cash & Equivalents $1.868M $2.435M $805.0K
Short-Term Investments $587.0K
Other Short-Term Assets $810.0K $758.0K $742.0K
YoY Change 11.11% 2.16% -44.34%
Inventory $2.606M $2.756M $4.853M
Prepaid Expenses
Receivables $1.460M $1.482M $2.881M
Other Receivables $0.00 $27.00K $0.00
Total Short-Term Assets $6.744M $7.458M $9.868M
YoY Change -33.4% -24.42% -47.68%
LONG-TERM ASSETS
Property, Plant & Equipment $807.0K $981.0K $2.078M
YoY Change -56.38% -52.79% -26.1%
Goodwill
YoY Change
Intangibles $5.754M
YoY Change
Long-Term Investments
YoY Change
Other Assets $120.0K $121.0K $122.0K
YoY Change -2.44% -0.82% 56.41%
Total Long-Term Assets $3.015M $4.090M $8.940M
YoY Change -61.46% -54.25% -61.28%
TOTAL ASSETS
Total Short-Term Assets $6.744M $7.458M $9.868M
Total Long-Term Assets $3.015M $4.090M $8.940M
Total Assets $9.759M $11.55M $18.81M
YoY Change -45.63% -38.6% -55.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.318M $2.221M $1.364M
YoY Change 102.98% 62.83% -29.73%
Accrued Expenses $2.213M $1.076M $1.945M
YoY Change 36.18% -44.68% -30.41%
Deferred Revenue $797.0K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.600M $4.407M $3.553M
YoY Change 90.35% 24.04% -30.29%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $261.0K $435.0K $1.825M
YoY Change -93.42% -76.16% 344.04%
Total Long-Term Liabilities $261.0K $435.0K $1.825M
YoY Change -93.42% -76.16% 344.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.600M $4.407M $3.553M
Total Long-Term Liabilities $261.0K $435.0K $1.825M
Total Liabilities $6.199M $4.842M $5.378M
YoY Change -10.28% -9.97% -2.36%
SHAREHOLDERS EQUITY
Retained Earnings -$172.8M -$168.4M -$152.7M
YoY Change 10.21% 10.26%
Common Stock $3.000K $2.000K $15.00K
YoY Change -86.36% -86.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.560M $6.706M $13.43M
YoY Change
Total Liabilities & Shareholders Equity $9.759M $11.55M $18.81M
YoY Change -45.63% -38.6% -55.16%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$4.425M -$2.031M -$3.148M
YoY Change 8.3% -35.48% -53.39%
Depreciation, Depletion And Amortization $991.0K $992.0K $755.0K
YoY Change 3.44% 31.39% -2.71%
Cash From Operating Activities -$659.0K -$2.550M -$1.414M
YoY Change -69.49% 80.34% -75.37%
INVESTING ACTIVITIES
Capital Expenditures $84.00K
YoY Change 10.53%
Acquisitions
YoY Change
Other Investing Activities $0.00 $500.0K
YoY Change -100.0% -86.64%
Cash From Investing Activities $416.0K
YoY Change -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 92.00K $3.402M -$25.00K
YoY Change -97.38% -13708.0% 177.78%
NET CHANGE
Cash From Operating Activities -659.0K -$2.550M -$1.414M
Cash From Investing Activities $416.0K
Cash From Financing Activities 92.00K $3.402M -$25.00K
Net Change In Cash -567.0K $852.0K -$1.023M
YoY Change -142.28% -183.28% -51.33%
FREE CASH FLOW
Cash From Operating Activities -$659.0K -$2.550M -$1.414M
Capital Expenditures $84.00K
Free Cash Flow -$2.550M -$1.498M
YoY Change 70.23% -74.24%

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CY2023Q1 prso Unrealized Gainloss On Availableforsale Securities
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14000 usd
CY2024Q1 us-gaap Net Investment In Lease Allowance For Credit Loss
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2000000 usd
CY2023Q4 us-gaap Net Investment In Lease Allowance For Credit Loss
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16800000 usd
CY2024Q1 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
168400000 usd
CY2024Q1 prso Net Proceeds From Common Stock And Warrants
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3400000 usd
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<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-align: justify; 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, 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>
CY2024Q1 prso Specific Allowance
SpecificAllowance
1 pure
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
30000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
30000 usd
CY2023Q1 us-gaap Inventory Write Down
InventoryWriteDown
369000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-6004000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2464000 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
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3280000 usd
CY2024Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
1000 usd
CY2024Q1 us-gaap Deferred Revenue
DeferredRevenue
201800 usd
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
29000 shares
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8426000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
233000 shares
CY2024Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
158000 usd
CY2023Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1748000 usd
CY2024Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2435000 usd
CY2024Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2435000 usd
CY2024Q1 prso Lessee Operatingand Financing Lease Liability Undiscounted Excess Amount
LesseeOperatingandFinancingLeaseLiabilityUndiscountedExcessAmount
63000 usd
CY2024Q1 prso Lease Liabilities
LeaseLiabilities
605000 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
CY2024Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
147000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
209000 usd
CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
1778000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1517000 usd
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
831000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
880000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
2756000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2606000 usd
CY2023Q4 us-gaap Incentive To Lessee
IncentiveToLessee
286200 usd
CY2023Q4 us-gaap Line Of Credit Facility Periodic Payment
LineOfCreditFacilityPeriodicPayment
35775 usd
CY2024Q1 prso Amount Of Pending Lease Incentive
AmountOfPendingLeaseIncentive
107325 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1000000 usd
CY2024Q1 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
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
365000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
159000 usd
CY2024Q1 prso Rightofuse Lease Assets
RightofuseLeaseAssets
524000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
445000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
160000 usd
CY2024Q1 prso Lease Liabilities
LeaseLiabilities
605000 usd
CY2024Q1 prso Lessee Operating And Financing Lease Liability Payments Reminder Fiscal Year
LesseeOperatingAndFinancingLeaseLiabilityPaymentsReminderFiscalYear
293000 usd
CY2024Q1 prso Lessee Operating And Financing Lease Liability Payments Due Next Twelve Months
LesseeOperatingAndFinancingLeaseLiabilityPaymentsDueNextTwelveMonths
164000 usd
CY2024Q1 prso Lessee Operatingand Financing Lease Liability Payments Due Year Two
LesseeOperatingandFinancingLeaseLiabilityPaymentsDueYearTwo
107000 usd
CY2024Q1 prso Lessee Operatingand Financing Lease Liability Payments Due Year Three
LesseeOperatingandFinancingLeaseLiabilityPaymentsDueYearThree
104000 usd
CY2024Q1 prso Lessee Operatingand Financing Lease Liability Payments Due
LesseeOperatingandFinancingLeaseLiabilityPaymentsDue
668000 usd
CY2024Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
106000 usd
CY2023Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
199000 usd
CY2023Q1 prso Rent Expense
RentExpense
200000 usd
CY2024Q1 prso Rent Expense
RentExpense
200000 usd
CY2024Q1 us-gaap Recorded Unconditional Purchase Obligation Amount Of Maturities And Sinking Fund Requirements
RecordedUnconditionalPurchaseObligationAmountOfMaturitiesAndSinkingFundRequirements
3200000 usd
CY2024Q1 us-gaap Recorded Unconditional Purchase Obligation Nonfinancial Assets Pledged As Security Value
RecordedUnconditionalPurchaseObligationNonfinancialAssetsPledgedAsSecurityValue
2200000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2816000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5033000 usd
CY2024Q1 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
1000000 usd
CY2023Q1 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
1100000 usd
CY2024Q1 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
2200000 usd
CY2024Q1 prso Share Based Compensation Arrangement By Share Based Payment Award Term Of Plan
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermOfPlan
P0Y9M18D
CY2023Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
200000 usd
CY2024Q1 prso Percentage Of Voting Power
PercentageOfVotingPower
0.10 pure
CY2024Q1 prso Percentage Of Fair Value Volatility
PercentageOfFairValueVolatility
1 pure
CY2024Q1 prso Aggregate Exchangeable Shares
AggregateExchangeableShares
32822 shares
CY2024Q1 prso Exchangeable Shares Percentage
ExchangeableSharesPercentage
0.10 pure
CY2024Q1 prso Voting Power Percentage
VotingPowerPercentage
0.50 pure
CY2024Q1 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
285714 shares
CY2024Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
571428 shares
CY2024Q1 us-gaap Shares Issued
SharesIssued
571428 shares
CY2024Q1 us-gaap Shares Issued
SharesIssued
82500 shares
CY2024Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
165000 shares
CY2024Q1 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
165000 shares
CY2024Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
3400000 usd
CY2024Q1 us-gaap Share Price
SharePrice
2.25
CY2024Q1 us-gaap Shares Issued
SharesIssued
139108 shares
CY2024Q1 us-gaap Share Price
SharePrice
2.625
CY2023Q4 prso Class Of Warrants Or Right Outstanding
ClassOfWarrantsOrRightOutstanding
7 shares
CY2024Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
28
CY2024Q1 prso Warrants Expiration
WarrantsExpiration
June 28, 2023
CY2024Q1 prso Class Of Warrants Or Right Outstanding
ClassOfWarrantsOrRightOutstanding
8518 shares
CY2024Q1 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
674920 shares
CY2024Q1 prso Aggregate Proceeds
AggregateProceeds
675000 usd
CY2024Q1 us-gaap Shares Issued
SharesIssued
326190 shares
CY2024Q1 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
127 shares
CY2024Q1 prso Classof Warrantor Right Expired Outstanding
ClassofWarrantorRightExpiredOutstanding
235 shares
CY2023Q4 prso Class Of Warrant Or Right Outstandings
ClassOfWarrantOrRightOutstandings
235000 shares
CY2023Q4 prso Warrants And Rights Outstandings
WarrantsAndRightsOutstandings
1748000 usd
CY2024Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-1591000 usd
CY2024Q1 prso Class Of Warrant Or Right Outstandings
ClassOfWarrantOrRightOutstandings
235000 shares
CY2024Q1 prso Warrants And Rights Outstandings
WarrantsAndRightsOutstandings
157000 usd
CY2024Q1 us-gaap Payments To Employees
PaymentsToEmployees
27800000 usd
CY2023Q1 us-gaap Payments To Employees
PaymentsToEmployees
27800000 usd
CY2024Q1 us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
3062500000 usd
CY2024Q1 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
437500000 usd
CY2022 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
2600000 usd
CY2023Q1 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
400000 usd
CY2024Q1 us-gaap Proceeds From Customers
ProceedsFromCustomers
12600000 usd
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 prso Non Rule10b51 Arr Modified Flag
NonRule10b51ArrModifiedFlag
false
CY2024Q1 prso Rule10b51 Arr Modified Flag
Rule10b51ArrModifiedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
usd
CY2024Q1 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
usd
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.07
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1907000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
568000 shares
CY2024Q1 us-gaap Inventory Write Down
InventoryWriteDown
usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
CY2023Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
CY2024Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2024Q1 prso Unrealized Gainloss On Availableforsale Securities
UnrealizedGainlossOnAvailableforsaleSecurities
usd
CY2024Q1 us-gaap Inventory Write Down
InventoryWriteDown
usd
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
usd
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
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
CY2024Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://www.PRSO.com/20240331#RightofuseLeaseAssets
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://www.PRSO.com/20240331#RightofuseLeaseAssets
CY2024Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.PRSO.com/20240331#LeaseLiabilities
CY2024Q1 us-gaap Finance Lease Liability Statement Of Financial Position Extensible List
FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.PRSO.com/20240331#LeaseLiabilities
CY2024Q1 prso Number Of Warrants On Common Shares Change In Fair Value Of Warrants
NumberOfWarrantsOnCommonSharesChangeInFairValueOfWarrants
shares
CY2024Q1 dei Amendment Flag
AmendmentFlag
false
CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000890394

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