$PRSO
Peraso Inc.

2019 Q3 Form 10-Q Financial Statement

#000156459019043134 Filed on November 13, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q4 2018 Q3
Revenue $1.206M $3.450M $4.343M
YoY Change -72.23% -8.97% 77.05%
Cost Of Revenue $407.0K $960.0K $1.948M
YoY Change -79.11% -54.29% 54.6%
Gross Profit $799.0K $2.490M $2.395M
YoY Change -66.64% 47.34% 99.58%
Gross Profit Margin 66.25% 72.17% 55.15%
Selling, General & Admin $1.059M $940.0K $919.0K
YoY Change 15.23% -9.62% -26.13%
% of Gross Profit 132.54% 37.75% 38.37%
Research & Development $1.097M $1.070M $1.023M
YoY Change 7.23% 16.3% -28.96%
% of Gross Profit 137.3% 42.97% 42.71%
Depreciation & Amortization $40.00K $140.0K $170.0K
YoY Change -76.47% -33.33% -15.0%
% of Gross Profit 5.01% 5.62% 7.1%
Operating Expenses $2.576M $2.000M $5.101M
YoY Change -49.5% 1.52% 86.85%
Operating Profit -$1.777M $490.0K -$2.706M
YoY Change -34.33% -275.0% 76.52%
Interest Expense $54.00K -$50.00K $104.0K
YoY Change -48.08% -79.17% -56.3%
% of Operating Profit -10.2%
Other Income/Expense, Net $30.00K $10.00K $0.00
YoY Change 0.0% -100.0%
Pretax Income -$1.801M -$9.250M -$2.810M
YoY Change -35.91% 1085.9% 61.59%
Income Tax $0.00 $10.00K $2.000K
% Of Pretax Income
Net Earnings -$1.801M -$9.260M -$2.812M
YoY Change -35.95% 1647.17% 61.33%
Net Earnings / Revenue -149.34% -268.41% -64.75%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.83 -$5.00 -$6.85
COMMON SHARES
Basic Shares Outstanding 43.55M 41.64M
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.800M $7.100M $4.200M
YoY Change 61.9% 82.05% 50.0%
Cash & Equivalents $6.170M $7.104M $4.176M
Short-Term Investments $700.0K
Other Short-Term Assets $600.0K $900.0K $400.0K
YoY Change 50.0% -30.77% -77.78%
Inventory $1.215M $1.148M $1.371M
Prepaid Expenses
Receivables $893.0K $1.622M $2.503M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $9.524M $10.80M $8.465M
YoY Change 12.51% 24.65% 11.38%
LONG-TERM ASSETS
Property, Plant & Equipment $193.0K $279.0K $386.0K
YoY Change -50.0% -66.26% -44.86%
Goodwill $0.00 $420.0K $10.12M
YoY Change -100.0% -96.84%
Intangibles $28.00K
YoY Change
Long-Term Investments
YoY Change
Other Assets $139.0K $260.0K $413.0K
YoY Change -66.34% -1.14% 313.0%
Total Long-Term Assets $535.0K $959.0K $10.94M
YoY Change -95.11% -93.38% -22.93%
TOTAL ASSETS
Total Short-Term Assets $9.524M $10.80M $8.465M
Total Long-Term Assets $535.0K $959.0K $10.94M
Total Assets $10.06M $11.76M $19.41M
YoY Change -48.17% -49.19% -10.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $131.0K $236.0K $140.0K
YoY Change -6.43% 38.82% -30.0%
Accrued Expenses $1.249M $1.402M $1.835M
YoY Change -31.93% -44.08% -12.62%
Deferred Revenue $146.0K $273.0K
YoY Change -93.07%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.723M $1.911M $3.540M
YoY Change -51.33% -71.11% -74.35%
LONG-TERM LIABILITIES
Long-Term Debt $2.900M $2.700M $10.00M
YoY Change -71.0% -70.65%
Other Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0%
Total Long-Term Liabilities $2.900M $2.700M $10.00M
YoY Change -71.0% -70.65% 3233.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.723M $1.911M $3.540M
Total Long-Term Liabilities $2.900M $2.700M $10.00M
Total Liabilities $4.600M $4.599M $13.59M
YoY Change -66.16% -70.88% -3.59%
SHAREHOLDERS EQUITY
Retained Earnings -$237.8M -$235.9M -$226.6M
YoY Change 4.92% 4.98%
Common Stock $243.2M $243.0M $232.4M
YoY Change 4.65% 4.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.459M $7.157M $5.815M
YoY Change
Total Liabilities & Shareholders Equity $10.06M $11.76M $19.41M
YoY Change -48.17% -49.19% -10.97%

Cashflow Statement

Concept 2019 Q3 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income -$1.801M -$9.260M -$2.812M
YoY Change -35.95% 1647.17% 61.33%
Depreciation, Depletion And Amortization $40.00K $140.0K $170.0K
YoY Change -76.47% -33.33% -15.0%
Cash From Operating Activities -$620.0K -$70.00K $610.0K
YoY Change -201.64% -105.07% -131.12%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $20.00K
YoY Change -100.0% -100.0% -33.33%
Acquisitions
YoY Change
Other Investing Activities $430.0K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $420.0K $0.00 -$20.00K
YoY Change -2200.0% -100.0% 100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 3.010M -10.00K
YoY Change -100.0% -15150.0% -100.5%
NET CHANGE
Cash From Operating Activities -620.0K -70.00K 610.0K
Cash From Investing Activities 420.0K 0.000 -20.00K
Cash From Financing Activities 0.000 3.010M -10.00K
Net Change In Cash -200.0K 2.940M 580.0K
YoY Change -134.48% 172.22% 1350.0%
FREE CASH FLOW
Cash From Operating Activities -$620.0K -$70.00K $610.0K
Capital Expenditures $0.00 $0.00 $20.00K
Free Cash Flow -$620.0K -$70.00K $590.0K
YoY Change -205.08% -106.31% -129.65%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Operating Expenses
OperatingExpenses
6614000
us-gaap Operating Expenses
OperatingExpenses
9381000
us-gaap Operating Income Loss
OperatingIncomeLoss
-1811000
us-gaap Operating Income Loss
OperatingIncomeLoss
-1614000
CY2018Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
230000
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
12000
CY2018Q1 mosy Stock Issued During Period Value Stock Awards
StockIssuedDuringPeriodValueStockAwards
-38000
CY2018Q4 us-gaap Goodwill
Goodwill
420000
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
131000
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1249000
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1723000
CY2019Q3 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
19000
CY2018Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
17000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1000
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-237761000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-235867000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
5459000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
420000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3159000
us-gaap Interest Expense
InterestExpense
164000
us-gaap Interest Expense
InterestExpense
531000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1801000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2810000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1894000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2145000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-5.25
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
409000
CY2019Q1 mosy Stock Issued During Period Value Stock Awards
StockIssuedDuringPeriodValueStockAwards
-1000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-4000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
10000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
7162000
CY2019Q3 mosy Stock Issued During Period Value Stock Awards
StockIssuedDuringPeriodValueStockAwards
-3000
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2178000
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
919000
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5382000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
7157000
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10059000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11756000
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1911000
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2148000
CY2019Q3 us-gaap Assets Current
AssetsCurrent
9524000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1402000
CY2019Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
420000
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q3 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
2858000
CY2018Q4 us-gaap Liabilities
Liabilities
4599000
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2178000
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2148000
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
2000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
243022000
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1097000
CY2018Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3159000
CY2018Q3 us-gaap Interest Expense
InterestExpense
104000
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
893000
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
193000
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
139000
CY2019Q3 us-gaap Liabilities
Liabilities
4600000
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
2000
CY2019Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
243217000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
279000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
260000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
923000
CY2019Q3 us-gaap Inventory Net
InventoryNet
1215000
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
203000
CY2018Q4 us-gaap Assets
Assets
11756000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
236000
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
596000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
10797000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2989000
CY2019Q3 us-gaap Gross Profit
GrossProfit
799000
CY2018Q3 us-gaap Gross Profit
GrossProfit
2395000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13149000
us-gaap Gross Profit
GrossProfit
7767000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3064000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2963000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7792000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3158000
us-gaap Gross Profit
GrossProfit
4803000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3231000
CY2018Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
2671000
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1023000
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1059000
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
5101000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1777000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-2706000
CY2019Q3 us-gaap Interest Expense
InterestExpense
54000
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
30000
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1801000
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
2576000
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.83
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-6.83
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.88
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2171000
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
412000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2161000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4343000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
273000
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
197000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1206000
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
146000
CY2019Q3 us-gaap Assets
Assets
10059000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
81000
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1948000
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
407000
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
55000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
242000
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
26000
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
216000
us-gaap Operating Lease Payments
OperatingLeasePayments
163000
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
194000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
5815000
us-gaap Profit Loss
ProfitLoss
-1894000
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
93000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
348000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
7967000
us-gaap Profit Loss
ProfitLoss
-2149000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
148000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
486000
us-gaap Share Based Compensation
ShareBasedCompensation
199000
us-gaap Share Based Compensation
ShareBasedCompensation
446000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
83000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
30000
us-gaap Paid In Kind Interest
PaidInKindInterest
164000
us-gaap Paid In Kind Interest
PaidInKindInterest
500000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
11000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-729000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
822000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
67000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-395000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
925000
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
159000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
315000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
8441000
CY2018Q3 mosy Stock Issued During Period Value Stock Awards
StockIssuedDuringPeriodValueStockAwards
-8000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
1567000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-704000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
12000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-58000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-934000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
308000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7104000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3868000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6170000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4176000
us-gaap Notes Issued1
NotesIssued1
187000
us-gaap Notes Issued1
NotesIssued1
846000
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:3.23%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">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. Actual results could differ from those estimates.</p>
CY2019Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
20
CY2019Q3 mosy Allowance For Doubtful Accounts As Percentage Of Invoice Value For Problematic Customer Balances Maximum
AllowanceForDoubtfulAccountsAsPercentageOfInvoiceValueForProblematicCustomerBalancesMaximum
1.00
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0
CY2019Q3 us-gaap Inventory Write Down
InventoryWriteDown
0
us-gaap Inventory Write Down
InventoryWriteDown
0
CY2018Q3 us-gaap Inventory Write Down
InventoryWriteDown
100000
us-gaap Inventory Write Down
InventoryWriteDown
100000
us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
The Company sells its products both directly to customers and through distributors generally under agreements with payment terms typically less than 60 days.
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
300000
CY2019Q3 us-gaap Goodwill
Goodwill
0
CY2019Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
2171000
CY2018Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
412000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
2161000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
409000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2411000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
187000
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
400000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
400000
CY2019Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
6819000
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000
CY2019Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
6820000
CY2019Q3 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2019Q3 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2019Q3 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2019Q3 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
755000
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
548000
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
460000
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
600000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
mosy Number Of Measurements Of Profitability
NumberOfMeasurementsOfProfitability
1
CY2019Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
200000
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
200000
CY2019Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.08
us-gaap Operating Lease Expense
OperatingLeaseExpense
200000
mosy Operating Lease Expiration Dates
OperatingLeaseExpirationDates
2020-10
mosy Lessee Operating Lease Option To Extend Additional Lease Term
LesseeOperatingLeaseOptionToExtendAdditionalLeaseTerm
P20M15D
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
option to extend the lease for an additional 20.5 month period
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
187000

Files In Submission

Name View Source Status
0001564590-19-043134-index-headers.html Edgar Link pending
0001564590-19-043134-index.html Edgar Link pending
0001564590-19-043134.txt Edgar Link pending
0001564590-19-043134-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mosy-10q_20190930.htm Edgar Link pending
mosy-20190930.xml Edgar Link completed
mosy-20190930.xsd Edgar Link pending
mosy-20190930_cal.xml Edgar Link unprocessable
mosy-20190930_def.xml Edgar Link unprocessable
mosy-20190930_lab.xml Edgar Link unprocessable
mosy-20190930_pre.xml Edgar Link unprocessable
mosy-ex311_6.htm Edgar Link pending
mosy-ex312_8.htm Edgar Link pending
mosy-ex321_7.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending