2023 Q2 Form 10-K Financial Statement

#000070928323000013 Filed on June 06, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2023
Revenue $91.79M $105.3M $412.8M
YoY Change -5.45% 10.65% 10.71%
Cost Of Revenue $56.85M $73.57M $278.8M
YoY Change -9.79% 24.6% 23.48%
Gross Profit $34.93M $31.77M $133.9M
YoY Change 2.6% -12.13% -8.91%
Gross Profit Margin 38.06% 30.16% 32.45%
Selling, General & Admin $28.54M $30.67M $113.8M
YoY Change 0.93% 8.54% 5.15%
% of Gross Profit 81.69% 96.53% 84.95%
Research & Development $10.91M $10.63M $44.56M
YoY Change -10.0% -21.4% -14.01%
% of Gross Profit 31.24% 33.46% 33.27%
Depreciation & Amortization $2.752M $2.883M $10.10M
YoY Change 6.42% 9.91% 7.45%
% of Gross Profit 7.88% 9.07% 7.54%
Operating Expenses $40.78M $41.30M $159.9M
YoY Change -0.84% -1.15% -0.58%
Operating Profit -$5.847M -$9.528M -$26.01M
YoY Change -17.39% 69.48% 87.91%
Interest Expense $3.201M -$3.023M $10.56M
YoY Change 53.08% 20.87% -11.17%
% of Operating Profit
Other Income/Expense, Net -$998.0K -$682.0K $1.956M
YoY Change -232.89% 2335.71% -879.28%
Pretax Income -$10.05M -$13.23M -$36.00M
YoY Change 2.41% 62.35% 16.37%
Income Tax $530.0K $376.0K $1.940M
% Of Pretax Income
Net Earnings -$10.58M -$13.61M -$37.90M
YoY Change 3.48% 74.16% 17.41%
Net Earnings / Revenue -11.52% -12.92% -9.18%
Basic Earnings Per Share -$0.11 -$0.11 -$0.42
Diluted Earnings Per Share -$0.11 -$0.15 -$0.42
COMMON SHARES
Basic Shares Outstanding 93.70M shares 105.2M shares 90.35M shares
Diluted Shares Outstanding 93.67M shares 90.35M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.47M $25.96M $25.96M
YoY Change -4.01% 398.33% 398.33%
Cash & Equivalents $25.47M $25.96M $25.96M
Short-Term Investments
Other Short-Term Assets $6.004M $5.513M $9.883M
YoY Change 31.26% 17.37% -22.99%
Inventory $45.29M $44.75M $44.75M
Prepaid Expenses $6.444M $4.158M
Receivables $66.25M $72.46M $72.46M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $149.7M $153.1M $153.1M
YoY Change -9.17% 5.41% 5.41%
LONG-TERM ASSETS
Property, Plant & Equipment $15.58M $16.56M $26.85M
YoY Change 10.57% 28.8% 12.05%
Goodwill $13.00M $12.97M
YoY Change 0.0% -0.24%
Intangibles $3.801M $4.941M
YoY Change -54.86% -48.45%
Long-Term Investments
YoY Change
Other Assets $18.46M $15.85M $15.85M
YoY Change 71.02% 59.66% 59.66%
Total Long-Term Assets $60.83M $60.60M $60.60M
YoY Change 6.88% 7.38% 7.38%
TOTAL ASSETS
Total Short-Term Assets $149.7M $153.1M $153.1M
Total Long-Term Assets $60.83M $60.60M $60.60M
Total Assets $210.5M $213.7M $213.7M
YoY Change -5.05% 5.96% 5.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.56M $35.72M $35.72M
YoY Change -9.76% 4.37% 4.37%
Accrued Expenses $12.72M $13.67M $26.86M
YoY Change -10.19% -17.49% -4.45%
Deferred Revenue $79.69M $82.50M
YoY Change 7.3% -4.64%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.000M $5.000M $5.000M
YoY Change 0.0% 14.29% 14.29%
Total Short-Term Liabilities $142.9M $152.6M $152.6M
YoY Change 0.73% -3.31% -3.31%
LONG-TERM LIABILITIES
Long-Term Debt $95.61M $83.10M $83.10M
YoY Change 10.54% -22.47% -22.47%
Other Long-Term Liabilities $12.19M $11.37M $64.85M
YoY Change 1.48% -4.04% 2.41%
Total Long-Term Liabilities $12.19M $11.37M $147.9M
YoY Change 1.48% -4.04% -13.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $142.9M $152.6M $152.6M
Total Long-Term Liabilities $12.19M $11.37M $147.9M
Total Liabilities $304.6M $300.5M $300.5M
YoY Change 4.86% -8.46% -8.46%
SHAREHOLDERS EQUITY
Retained Earnings -$819.4M -$808.8M
YoY Change 4.9% 4.92%
Common Stock $726.7M $723.5M
YoY Change 1.63% 12.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$94.08M -$86.89M -$86.89M
YoY Change
Total Liabilities & Shareholders Equity $210.5M $213.7M $213.7M
YoY Change -5.05% 5.96% 5.96%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$10.58M -$13.61M -$37.90M
YoY Change 3.48% 74.16% 17.41%
Depreciation, Depletion And Amortization $2.752M $2.883M $10.10M
YoY Change 6.42% 9.91% 7.45%
Cash From Operating Activities -$10.66M $14.70M -$4.900M
YoY Change -41.92% -308.63% -85.46%
INVESTING ACTIVITIES
Capital Expenditures $2.299M $1.937M $12.58M
YoY Change -24.28% -182.6% 99.19%
Acquisitions $0.00 $3.020M
YoY Change -100.0% -61.32%
Other Investing Activities $0.00 -$1.020M -$3.020M
YoY Change -100.0% -61.32%
Cash From Investing Activities -$2.299M -$2.957M -$15.60M
YoY Change -54.35% 26.1% 10.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $67.15M
YoY Change 3710.78%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $12.45M -11.81M $41.17M
YoY Change -72.12% -212.34% 104.22%
NET CHANGE
Cash From Operating Activities -$10.66M 14.70M -$4.900M
Cash From Investing Activities -$2.299M -2.957M -$15.60M
Cash From Financing Activities $12.45M -11.81M $41.17M
Net Change In Cash -$510.0K -63.00K $20.68M
YoY Change -102.4% -105.63% -174.82%
FREE CASH FLOW
Cash From Operating Activities -$10.66M $14.70M -$4.900M
Capital Expenditures $2.299M $1.937M $12.58M
Free Cash Flow -$12.95M $12.77M -$17.48M
YoY Change -39.42% -371.48% -56.31%

Facts In Submission

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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58871000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42852000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42852000 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-37943000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-32280000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-35459000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-158000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-567000 usd
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
666000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-38101000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-32847000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-34793000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-37943000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-32280000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-35459000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10118000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9418000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5697000 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1624000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2414000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6301000 usd
CY2023 qtm Long Term Debt Restatement Costs
LongTermDebtRestatementCosts
992000 usd
CY2022 qtm Long Term Debt Restatement Costs
LongTermDebtRestatementCosts
8471000 usd
CY2021 qtm Long Term Debt Restatement Costs
LongTermDebtRestatementCosts
167000 usd
CY2023 qtm Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
18052000 usd
CY2022 qtm Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
5740000 usd
CY2021 qtm Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
6334000 usd
CY2023 qtm Gain Loss On Loan Forgiveness
GainLossOnLoanForgiveness
0 usd
CY2022 qtm Gain Loss On Loan Forgiveness
GainLossOnLoanForgiveness
10000000 usd
CY2021 qtm Gain Loss On Loan Forgiveness
GainLossOnLoanForgiveness
0 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
10750000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
13829000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
9624000 usd
CY2023 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
0 usd
CY2022 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
0 usd
CY2021 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-577000 usd
CY2023 qtm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
0 usd
CY2022 qtm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
0 usd
CY2021 qtm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
-10087000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-2067000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-832000 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
704000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2966000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3651000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1625000 usd
CY2023 qtm Increase Decrease In Manufacturing Inventories Net
IncreaseDecreaseInManufacturingInventoriesNet
1839000 usd
CY2022 qtm Increase Decrease In Manufacturing Inventories Net
IncreaseDecreaseInManufacturingInventoriesNet
12069000 usd
CY2021 qtm Increase Decrease In Manufacturing Inventories Net
IncreaseDecreaseInManufacturingInventoriesNet
-924000 usd
CY2023 qtm Increase Decrease In Service Parts Inventories Net
IncreaseDecreaseInServicePartsInventoriesNet
3503000 usd
CY2022 qtm Increase Decrease In Service Parts Inventories Net
IncreaseDecreaseInServicePartsInventoriesNet
4400000 usd
CY2021 qtm Increase Decrease In Service Parts Inventories Net
IncreaseDecreaseInServicePartsInventoriesNet
5879000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1158000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1939000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1994000 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-3695000 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3959000 usd
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
594000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2286000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2514000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
418000 usd
CY2023 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
0 usd
CY2022 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-580000 usd
CY2021 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
580000 usd
CY2023 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-431000 usd
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-3073000 usd
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
4257000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1270000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2602000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2809000 usd
CY2023 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1022000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3003000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2541000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4894000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-33728000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-767000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12581000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6316000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6931000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3020000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7808000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2655000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15601000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14124000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9586000 usd
CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
94961000 usd
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
19400000 usd
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
24596000 usd
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
94301000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
92782000 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
497280000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
309000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
309920000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
498665000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
291265000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
313065000 usd
CY2023 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 usd
CY2022 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 usd
CY2021 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
10000000 usd
CY2023 qtm Proceeds From Issuance Shares Net Of Offering Cost
ProceedsFromIssuanceSharesNetOfOfferingCost
0 usd
CY2022 qtm Proceeds From Issuance Shares Net Of Offering Cost
ProceedsFromIssuanceSharesNetOfOfferingCost
0 usd
CY2021 qtm Proceeds From Issuance Shares Net Of Offering Cost
ProceedsFromIssuanceSharesNetOfOfferingCost
96756000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
236000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
67146000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1762000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1335000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
41165000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20157000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31328000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-108000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
20682000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-27644000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
20867000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5493000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33137000 usd
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12270000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26175000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5493000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33137000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
8701000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
9140000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
24324000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1418000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
944000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-2283000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1049000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
147000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
258000 usd
CY2023 us-gaap Paid In Kind Interest
PaidInKindInterest
319000 usd
CY2022 us-gaap Paid In Kind Interest
PaidInKindInterest
0 usd
CY2021 us-gaap Paid In Kind Interest
PaidInKindInterest
0 usd
CY2023 qtm Deemed Dividend
DeemedDividend
389000 usd
CY2022 qtm Deemed Dividend
DeemedDividend
0 usd
CY2021 qtm Deemed Dividend
DeemedDividend
0 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25963000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5210000 usd
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27430000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
212000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
283000 usd
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
707000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0 usd
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
5000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26175000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5493000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33137000 usd
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-198525000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-35459000 usd
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
666000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1335000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-236000 usd
CY2021 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2080000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
96755000 usd
CY2021 qtm Adjustments To Additional Paid In Capital Warrant Exercised Related To Debt
AdjustmentsToAdditionalPaidInCapitalWarrantExercisedRelatedToDebt
11515000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9624000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-112245000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-32280000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-567000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1762000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2022 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2818000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13829000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-126683000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-37943000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-158000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
897000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
66249000 usd
CY2023 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 usd
CY2023 us-gaap Warrant Down Round Feature Increase Decrease In Equity Amount1
WarrantDownRoundFeatureIncreaseDecreaseInEquityAmount1
389000 usd
CY2023 qtm Deemed Dividend
DeemedDividend
389000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10750000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-86888000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4900000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-33700000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-800000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-37900000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-32300000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-35500000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and accompanying notes. Actual results could differ from these estimates and assumptions due to risks and uncertainties. Such estimates include, but are not limited to, the determination of standalone selling price for revenue arrangements with multiple performance obligations, useful lives of intangible assets and property and equipment, stock-based compensation and provision for income taxes including related reserves. Management bases its estimates on historical experience and on various other assumptions which management believes to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.</span></div>
CY2023 qtm Product Revenue Performance Obligation Term
ProductRevenuePerformanceObligationTerm
P45D
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12853000 usd
CY2023Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
5600000 usd
CY2022Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
3100000 usd
CY2021Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
3100000 usd
CY2023 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
100000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
100000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
3200000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
3500000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
1500000 usd
CY2023 qtm Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
12100000 usd
CY2022 qtm Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
11500000 usd
CY2021 qtm Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
9400000 usd
CY2023Q1 qtm Contract With Customer Liability Three Year Or Greater
ContractWithCustomerLiabilityThreeYearOrGreater
2908000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company sells products to customers in a wide variety of industries on a worldwide basis. In countries or industries where the Company is exposed to material credit risk, the Company may require collateral, including cash deposits and letters of credit, prior to the completion of a transaction. The Company does not believe it has significant credit risk beyond that provided for in the consolidated financial statements in the ordinary course of business. During the fiscal year ended March 31, 2023, one customer represented more than 10% of the Company's total revenue. In fiscal 2022 and 2021, no customers represented 10% or more of the Company’s total revenue. One customer comprised approximately 22% of accounts receivable as of March 31, 2023. One customer comprised approximately 21% of accounts receivable as of March 31, 2022. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">If the Company is unable to obtain adequate quantities of the inventory needed to sell its products, the Company could face costs increases or delays or discontinuations in product shipments, which could have a material adverse effect on the Company’s results of operations. In many cases, the Company’s chosen vendor may be the sole source of supply for the products or parts they manufacture, or services they provide, for the Company. Some of the products the Company purchases from these sources are proprietary or complex in nature, and therefore cannot be readily or easily replaced by alternative sources.</span></div>
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023Q1 qtm Number Of Geographic Regions
NumberOfGeographicRegions
3 region
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16555000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.682
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1700000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1700000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
412752000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
372827000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
349576000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
412752000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
372827000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
349576000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
0 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
125810000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
82609000 usd
CY2023Q1 qtm Remaining Performance Obligation Current
RemainingPerformanceObligationCurrent
95584000 usd
CY2023Q1 qtm Remaining Performance Obligation Noncurrent
RemainingPerformanceObligationNoncurrent
44579000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
140163000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
125810000 usd
CY2023Q1 qtm Contract With Customer Liability One Year Or Less
ContractWithCustomerLiabilityOneYearOrLess
82504000 usd
CY2023Q1 qtm Contract With Customer Liability One To Three Years
ContractWithCustomerLiabilityOneToThreeYears
40398000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5700000 usd
CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1304000 usd
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2546000 usd
CY2023Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
11179000 usd
CY2022Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
16393000 usd
CY2023Q1 qtm Manufacturing Inventories Net
ManufacturingInventoriesNet
19441000 usd
CY2022Q1 qtm Manufacturing Inventories Net
ManufacturingInventoriesNet
33546000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1453000 usd
CY2023Q1 qtm Service Parts Inventories Finished Goods
ServicePartsInventoriesFinishedGoods
19834000 usd
CY2022Q1 qtm Service Parts Inventories Finished Goods
ServicePartsInventoriesFinishedGoods
19234000 usd
CY2023Q1 qtm Service Parts Inventories Component Parts
ServicePartsInventoriesComponentParts
5470000 usd
CY2022Q1 qtm Service Parts Inventories Component Parts
ServicePartsInventoriesComponentParts
5020000 usd
CY2023Q1 qtm Service Parts Inventories
ServicePartsInventories
25304000 usd
CY2022Q1 qtm Service Parts Inventories
ServicePartsInventories
24254000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
61423000 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
53698000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
44868000 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
40845000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16555000 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12853000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10100000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9400000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
13411000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8470000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4941000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
13808000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4224000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9584000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4600000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3700000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 usd
CY2023 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P1Y7M6D
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3488000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4941000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
12969000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2023Q1 us-gaap Goodwill
Goodwill
12969000 usd
CY2023Q1 qtm Accrued Expenses
AccruedExpenses
1988000 usd
CY2022Q1 qtm Accrued Expenses
AccruedExpenses
4984000 usd
CY2023Q1 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
2513000 usd
CY2022Q1 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
4590000 usd
CY2023Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1509000 usd
CY2022Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
943000 usd
CY2023Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2094000 usd
CY2022Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1899000 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
494000 usd
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
278000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1364000 usd
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1727000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3704000 usd
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2141000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
13666000 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
16562000 usd
CY2022Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
1899000 usd
CY2021Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2383000 usd
CY2020Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2668000 usd
CY2023 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3477000 usd
CY2022 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3717000 usd
CY2021 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4699000 usd
CY2023 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-18000 usd
CY2022 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-156000 usd
CY2021 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-472000 usd
CY2023 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3264000 usd
CY2022 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4045000 usd
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4512000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2094000 usd
CY2022Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
1899000 usd
CY2021Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2383000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
5000000 usd
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
4375000 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3313000 usd
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4899000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
83104000 usd
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
107184000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10291000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11107000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1364000 usd
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1727000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10169000 usd
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9891000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11533000 usd
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11618000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
4276000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
3727000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
753000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
643000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
15000 usd
CY2023 us-gaap Lease Cost
LeaseCost
5029000 usd
CY2022 us-gaap Lease Cost
LeaseCost
4385000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2700000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2208000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1781000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1606000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1436000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
13262000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
22993000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11460000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11533000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y10M6D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y10M17D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1266
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.129
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
3500000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
3700000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
1605000 usd
CY2020Q1 us-gaap Restructuring Reserve
RestructuringReserve
0 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
3701000 usd
CY2021 us-gaap Payments For Restructuring
PaymentsForRestructuring
3121000 usd
CY2021Q1 us-gaap Restructuring Reserve
RestructuringReserve
580000 usd
CY2022 qtm Restructuring Adjustments
RestructuringAdjustments
0 usd
CY2022 us-gaap Payments For Restructuring
PaymentsForRestructuring
-850000 usd
CY2022 qtm Restructuring Reserve Other Non Cash Adjustments
RestructuringReserveOtherNonCashAdjustments
-1430000 usd
CY2022Q1 us-gaap Restructuring Reserve
RestructuringReserve
0 usd
CY2023 us-gaap Payments For Restructuring
PaymentsForRestructuring
1605000 usd
CY2023Q1 us-gaap Restructuring Reserve
RestructuringReserve
0 usd
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
225000000 shares
CY2023Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
600000 shares
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10750000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13829000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9624000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10750000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13829000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9624000 usd
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.33
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4089000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8893000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8614000 shares
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-76000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-38004000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-31489000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-36648000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2001000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
550000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1428000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-36003000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-30939000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-35220000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
70000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
477000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
339000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2045000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1381000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
747000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2115000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1858000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1010000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
23000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
9000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-577000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
108000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
22000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
9000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-306000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-548000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-203000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-175000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-517000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-771000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1940000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1341000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
239000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7560000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-6493000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7396000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1945000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
195000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
345000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1498000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1941000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1295000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
586000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1761000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-129000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-373000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-402000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-969000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5096000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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Files In Submission

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0000709283-23-000013.txt Edgar Link pending
0000709283-23-000013-xbrl.zip Edgar Link pending
amendmentno1tothe2021induc.htm Edgar Link pending
exhibit-311q423.htm Edgar Link pending
exhibit-312q423.htm Edgar Link pending
exhibit-321q423.htm Edgar Link pending
exhibit-322q423.htm Edgar Link pending
exhibit31to10-k.htm Edgar Link pending
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