2024 Q3 Form 10-Q Financial Statement
#000121390024068354 Filed on August 13, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
Revenue | $3.841M | $4.238M | $1.832M |
YoY Change | -14.28% | 76.36% | -52.87% |
Cost Of Revenue | $2.034M | $1.887M | $4.531M |
YoY Change | -16.81% | 5.13% | 108.99% |
Gross Profit | $1.807M | $2.351M | -$2.699M |
YoY Change | -11.25% | 286.68% | -257.01% |
Gross Profit Margin | 47.05% | 55.47% | -147.33% |
Selling, General & Admin | $2.349M | $2.141M | $2.174M |
YoY Change | 11.22% | 8.3% | 0.18% |
% of Gross Profit | 129.99% | 91.07% | |
Research & Development | $2.158M | $2.644M | $3.359M |
YoY Change | -38.06% | -27.92% | -18.71% |
% of Gross Profit | 119.42% | 112.46% | |
Depreciation & Amortization | $981.0K | $991.0K | $1.051M |
YoY Change | -6.57% | 3.44% | 36.85% |
% of Gross Profit | 54.29% | 42.15% | |
Operating Expenses | $4.507M | $6.826M | $5.533M |
YoY Change | -19.46% | 20.92% | -12.2% |
Operating Profit | -$2.700M | -$4.475M | -$8.232M |
YoY Change | -24.16% | -11.16% | 79.62% |
Interest Expense | -$21.00K | ||
YoY Change | -250.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$16.00K | -$4.000K | -$706.0K |
YoY Change | -100.54% | -100.42% | 805.13% |
Pretax Income | -$2.712M | -$4.425M | -$8.938M |
YoY Change | 337.42% | 8.3% | -38.75% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$2.712M | -$4.425M | -$8.938M |
YoY Change | 335.31% | 8.3% | -38.75% |
Net Earnings / Revenue | -70.61% | -104.41% | -487.88% |
Basic Earnings Per Share | -$0.98 | -$1.88 | |
Diluted Earnings Per Share | -$0.98 | -$1.88 | -$12.48 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.746M shares | 2.595M shares | 25.34M shares |
Diluted Shares Outstanding | 2.780M shares | 2.358M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.317M | $1.868M | $1.583M |
YoY Change | 88.14% | -31.82% | -45.53% |
Cash & Equivalents | $1.317M | $1.868M | $1.583M |
Short-Term Investments | $0.00 | ||
Other Short-Term Assets | $635.0K | $810.0K | $620.0K |
YoY Change | -20.63% | 11.11% | -47.19% |
Inventory | $2.503M | $2.606M | $2.606M |
Prepaid Expenses | $28.00K | ||
Receivables | $791.0K | $1.460M | $731.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $5.246M | $6.744M | $5.540M |
YoY Change | -48.72% | -33.4% | -56.42% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $643.0K | $807.0K | $1.771M |
YoY Change | -60.41% | -56.38% | -20.4% |
Goodwill | |||
YoY Change | |||
Intangibles | $3.280M | ||
YoY Change | -47.75% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $121.0K | $120.0K | $123.0K |
YoY Change | 0.0% | -2.44% | 0.0% |
Total Long-Term Assets | $1.949M | $3.015M | $5.174M |
YoY Change | -70.47% | -61.46% | -47.06% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.246M | $6.744M | $5.540M |
Total Long-Term Assets | $1.949M | $3.015M | $5.174M |
Total Assets | $7.195M | $9.759M | $10.71M |
YoY Change | -57.25% | -45.63% | -52.35% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.705M | $2.318M | $2.448M |
YoY Change | -33.99% | 102.98% | 32.75% |
Accrued Expenses | $2.399M | $2.213M | $981.0K |
YoY Change | 139.9% | 36.18% | -60.82% |
Deferred Revenue | $555.0K | $797.0K | $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 | $4.873M | $5.600M | $4.534M |
YoY Change | 31.92% | 90.35% | -3.12% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $197.0K | $261.0K | $2.097M |
YoY Change | -85.93% | -93.42% | -17.73% |
Total Long-Term Liabilities | $197.0K | $261.0K | $2.097M |
YoY Change | -85.93% | -93.42% | -17.73% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.873M | $5.600M | $4.534M |
Total Long-Term Liabilities | $197.0K | $261.0K | $2.097M |
Total Liabilities | $5.169M | $6.199M | $6.631M |
YoY Change | 1.83% | -10.28% | -8.27% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$175.6M | -$172.8M | -$166.4M |
YoY Change | 11.5% | 10.21% | 11.23% |
Common Stock | $3.000K | $3.000K | $1.000K |
YoY Change | -88.0% | -86.36% | -92.86% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.026M | $3.560M | $4.083M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.195M | $9.759M | $10.71M |
YoY Change | -57.25% | -45.63% | -52.35% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.712M | -$4.425M | -$8.938M |
YoY Change | 335.31% | 8.3% | -38.75% |
Depreciation, Depletion And Amortization | $981.0K | $991.0K | $1.051M |
YoY Change | -6.57% | 3.44% | 36.85% |
Cash From Operating Activities | -$683.0K | -$659.0K | $940.0K |
YoY Change | -66.84% | -69.49% | -136.14% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $4.000K | |
YoY Change | -99.03% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Cash From Investing Activities | $0.00 | -$4.000K | |
YoY Change | -100.0% | -99.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 132.0K | 92.00K | -41.00K |
YoY Change | -97.38% | -102.07% | |
NET CHANGE | |||
Cash From Operating Activities | -683.0K | -659.0K | 940.0K |
Cash From Investing Activities | 0.000 | -4.000K | |
Cash From Financing Activities | 132.0K | 92.00K | -41.00K |
Net Change In Cash | -551.0K | -567.0K | 895.0K |
YoY Change | -62.26% | -142.28% | -187.4% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$683.0K | -$659.0K | $940.0K |
Capital Expenditures | $0.00 | $4.000K | |
Free Cash Flow | -$683.0K | $936.0K | |
YoY Change | -66.84% | -131.08% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q4 | us-gaap |
Money Market Funds At Carrying Value
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1000 | usd |
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Common Stock Shares Authorized Unlimited
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|
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.75 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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|
2345000 | shares | |
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|
-1.88 | |
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||
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-12.26 | ||
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2024-06-30 | ||
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2024 | ||
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PERASO INC. | ||
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DE | ||
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77-0291941 | ||
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2309 Bering Drive | ||
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San Jose | ||
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CA | ||
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(408) | ||
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418-7500 | ||
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NASDAQ | ||
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us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-25000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4425000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4086000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-6456000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7234000 | usd | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
7000 | usd |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
21000 | usd | |
CY2024Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4425000 | usd |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4079000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6456000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-7213000 | usd | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.88 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.68 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.75 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-12.26 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2358000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
612000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2345000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
590000 | shares | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4083000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3431000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1222000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2031000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6706000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
127000 | usd |
CY2024Q2 | prso |
Issuance Of Common Stock Under Stock Plan Net
IssuanceOfCommonStockUnderStockPlanNet
|
-4000 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1155000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4425000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3560000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15257000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1307000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
14000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3148000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13430000 | usd |
CY2023Q2 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
3000 | usd |
CY2023Q2 | prso |
Issuance Of Common Stock Under Stock Plan Net
IssuanceOfCommonStockUnderStockPlanNet
|
-36000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3546000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
19000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
3162000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1319000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
7000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4086000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11034000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-6456000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7234000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1983000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1713000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2377000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2626000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1645000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1624000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-154000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
7000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
7000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
729000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1900000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-189000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
187000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-485000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-130000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-702000 | usd | |
prso |
Increase Decrease In Rightofuse Assets
IncreaseDecreaseInRightofuseAssets
|
174000 | usd | |
prso |
Increase Decrease In Rightofuse Assets
IncreaseDecreaseInRightofuseAssets
|
332000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-144000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-285000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
1555000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-813000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3209000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3574000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
91000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
500000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
409000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3559000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3570000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
4000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
36000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
61000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
51000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3494000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3483000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
285000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
318000 | 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 |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1868000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2146000 | usd |
prso |
Initial Recognition Of Warrant Liability
InitialRecognitionOfWarrantLiability
|
3162000 | usd | |
prso |
Unrealized Gainloss On Availableforsale Securities
UnrealizedGainlossOnAvailableforsaleSecurities
|
21000 | usd | |
CY2024Q2 | us-gaap |
Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
|
6500000 | usd |
CY2023Q4 | us-gaap |
Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
|
16800000 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Unappropriated
RetainedEarningsUnappropriated
|
173000000 | usd |
CY2024Q1 | prso |
Net Proceeds From Common Stock And Warrants
NetProceedsFromCommonStockAndWarrants
|
3400000 | usd |
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> | ||
prso |
Specific Allowance
SpecificAllowance
|
1 | pure | |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
30000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
30000 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
629000000 | usd | |
CY2024Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
81000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
8468000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-6821000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1647000 | 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 |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1100000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1100000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
500000 | usd | |
CY2024Q2 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1000 | usd |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
2000 | usd | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
513000 | usd | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8419 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
344 | shares | |
CY2024Q2 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
1000 | usd |
CY2024Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
103000 | usd |
CY2023Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
1748000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
1868000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1868000 | 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 |
CY2024Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
192000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
209000 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
1380000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
1517000 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1034000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
880000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
2606000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
2606000 | usd |
CY2024Q2 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
444000 | usd |
CY2023Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
405000 | usd |
CY2024Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
179000 | usd |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
158000 | usd |
CY2024Q2 | us-gaap |
Program Rights Obligations
ProgramRightsObligations
|
1015000 | usd |
CY2024Q2 | us-gaap |
Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
|
419000 | usd |
CY2024Q2 | us-gaap |
Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
|
28000 | usd |
CY2023Q4 | us-gaap |
Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
|
37000 | usd |
CY2024Q2 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
128000 | usd |
CY2023Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
11000 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2213000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
611000 | usd |
CY2024Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
424000 | usd |
us-gaap |
Severance Costs1
SeveranceCosts1
|
446000 | usd | |
CY2024Q2 | us-gaap |
Contractual Interest Expense On Prepetition Liabilities Not Recognized In Statement Of Operations
ContractualInterestExpenseOnPrepetitionLiabilitiesNotRecognizedInStatementOfOperations
|
1617000 | usd |
CY2024Q2 | us-gaap |
Contractual Obligation
ContractualObligation
|
257000 | usd |
CY2024Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1015000 | usd |
CY2024Q2 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
261000 | usd |
CY2023Q4 | us-gaap |
Incentive To Lessee
IncentiveToLessee
|
286200 | usd |
CY2023Q4 | us-gaap |
Line Of Credit Facility Periodic Payment
LineOfCreditFacilityPeriodicPayment
|
35775 | usd |
us-gaap |
Line Of Credit Facility Periodic Payment
LineOfCreditFacilityPeriodicPayment
|
35775 | usd | |
CY2024Q2 | prso |
Amount Of Pending Lease Incentive
AmountOfPendingLeaseIncentive
|
107325 | usd |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
1000000 | usd | |
CY2024Q2 | 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 |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
316000 | usd |
CY2024Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
125000 | usd |
CY2024Q2 | prso |
Rightofuse Assets
RightofuseAssets
|
441000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
381000 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
126000 | usd |
CY2024Q2 | prso |
Lease Liability
LeaseLiability
|
507000 | usd |
CY2024Q2 | prso |
Lessee Operating And Financing Lease Liability Payments Reminder Fiscal Year
LesseeOperatingAndFinancingLeaseLiabilityPaymentsReminderFiscalYear
|
190000 | usd |
CY2024Q2 | prso |
Lessee Operating And Financing Lease Liability Payments Due Next Twelve Months
LesseeOperatingAndFinancingLeaseLiabilityPaymentsDueNextTwelveMonths
|
163000 | usd |
CY2024Q2 | prso |
Lessee Operatingand Financing Lease Liability Payments Due Year Two
LesseeOperatingandFinancingLeaseLiabilityPaymentsDueYearTwo
|
106000 | usd |
CY2024Q2 | prso |
Lessee Operatingand Financing Lease Liability Payments Due Year Three
LesseeOperatingandFinancingLeaseLiabilityPaymentsDueYearThree
|
99000 | usd |
CY2024Q2 | prso |
Lessee Operatingand Financing Lease Liability Payments Due
LesseeOperatingandFinancingLeaseLiabilityPaymentsDue
|
558000 | usd |
CY2024Q2 | prso |
Lessee Operatingand Financing Lease Liability Undiscounted Excess Amount
LesseeOperatingandFinancingLeaseLiabilityUndiscountedExcessAmount
|
51000 | usd |
CY2024Q2 | prso |
Lease Liabilities
LeaseLiabilities
|
507000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
211000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
403000 | usd | |
CY2024Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
200000 | usd |
CY2023Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
200000 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
300000 | usd | |
us-gaap |
Payments For Rent
PaymentsForRent
|
400000 | usd | |
CY2024Q2 | us-gaap |
Recorded Unconditional Purchase Obligation Amount Of Maturities And Sinking Fund Requirements
RecordedUnconditionalPurchaseObligationAmountOfMaturitiesAndSinkingFundRequirements
|
2900000 | usd |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | pure | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
4238000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
2403000 | usd |
us-gaap |
Revenues
Revenues
|
7054000 | usd | |
us-gaap |
Revenues
Revenues
|
7436000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P10Y | ||
prso |
Aggregate Exchangeable Shares
AggregateExchangeableShares
|
32822 | shares | |
prso |
Exchangeable Shares Percentage
ExchangeableSharesPercentage
|
0.10 | pure | |
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 |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
571428 | shares |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
82500 | shares |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
3400000 | usd | |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
139108 | shares |
CY2024Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
2.625 | |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
7 | shares |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
28 | |
CY2024Q1 | us-gaap |
Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
|
2023-06-28 | |
CY2024Q1 | prso |
Prefundedwarrantsissued
Prefundedwarrantsissued
|
1425 | shares |
CY2024Q1 | prso |
Prefundedwarrantsissued Exercise Price
PrefundedwarrantsissuedExercisePrice
|
0.001 | |
CY2024Q1 | prso |
Prefundedwarrantsexercised
Prefundedwarrantsexercised
|
-1001 | shares |
CY2024Q1 | prso |
Exercise Price Prefunded Warrants Exercised
ExercisePricePrefundedWarrantsExercised
|
0.001 | |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
8518 | shares |
CY2024Q2 | prso |
Prefundedwarrantsexercised
Prefundedwarrantsexercised
|
-307 | shares |
CY2024Q2 | prso |
Exercise Price Prefunded Warrants Exercised
ExercisePricePrefundedWarrantsExercised
|
0.001 | |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
8211 | shares |
prso |
Percentage Of Fair Value Volatility
PercentageOfFairValueVolatility
|
1 | pure | |
CY2024Q2 | us-gaap |
Payments To Employees
PaymentsToEmployees
|
27800 | usd |
us-gaap |
Payments To Employees
PaymentsToEmployees
|
55300 | usd | |
us-gaap |
Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
|
3062500 | usd | |
us-gaap |
Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
|
437500 | usd | |
CY2022 | us-gaap |
Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
|
2600000 | usd |
CY2023Q2 | us-gaap |
Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
|
400000 | usd |
us-gaap |
Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
|
400000 | usd | |
us-gaap |
Proceeds From Customers
ProceedsFromCustomers
|
9100000 | usd | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | prso |
Non Rule10b51 Arr Modified Flag
NonRule10b51ArrModifiedFlag
|
false | |
CY2024Q2 | prso |
Rule10b51 Arr Modified Flag
Rule10b51ArrModifiedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.68 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
590000 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
612000 | shares |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Split
AdjustmentsToAdditionalPaidInCapitalStockSplit
|
usd | |
CY2024Q2 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
usd | |
CY2023Q1 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
usd | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
usd | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
prso |
Initial Recognition Of Warrant Liability
InitialRecognitionOfWarrantLiability
|
usd | ||
prso |
Unrealized Gainloss On Availableforsale Securities
UnrealizedGainlossOnAvailableforsaleSecurities
|
usd | ||
us-gaap |
Inventory Write Down
InventoryWriteDown
|
usd | ||
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
usd | |
CY2024Q2 | 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 | |
CY2023Q4 | us-gaap |
Program Rights Obligations
ProgramRightsObligations
|
usd | |
CY2023Q4 | us-gaap |
Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
|
usd | |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
http://www.PRSO.com/20240630#RightofuseLeaseAssets | |
CY2024Q2 | us-gaap |
Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
http://www.PRSO.com/20240630#RightofuseLeaseAssets | |
CY2024Q2 | us-gaap |
Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
|
http://www.PRSO.com/20240630#LeaseLiabilities | |
CY2024Q2 | us-gaap |
Finance Lease Liability Statement Of Financial Position Extensible List
FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList
|
http://www.PRSO.com/20240630#LeaseLiabilities | |
CY2024Q1 | prso |
Expiration Prefunded Warrants Issued
ExpirationPrefundedWarrantsIssued
|
||
CY2024Q1 | prso |
Expiration Prefunded Warrants Exercised
ExpirationPrefundedWarrantsExercised
|
||
CY2024Q2 | prso |
Expiration Prefunded Warrants Exercised
ExpirationPrefundedWarrantsExercised
|
||
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
||
CY2024Q2 | prso |
Class Of Warrant Or Righst Date From Which Warrants Or Right Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightExercisable
|
||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000890394 |