$QNST
QUINSTREET, INC

2022 Q2 Form 10-Q Financial Statement

#000156459022018551 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $146.5M $150.7M $125.3M
YoY Change -3.11% -1.56% -7.14%
Cost Of Revenue $134.7M $136.6M $115.6M
YoY Change 1.6% 2.91% -4.02%
Gross Profit $11.76M $14.09M $9.777M
YoY Change -36.69% -30.93% -32.57%
Gross Profit Margin 8.03% 9.35% 7.8%
Selling, General & Admin $7.011M $7.522M $12.47M
YoY Change -22.33% -18.24% 27.23%
% of Gross Profit 59.62% 53.38% 127.53%
Research & Development $6.911M $5.509M $4.861M
YoY Change 51.29% 12.43% -2.78%
% of Gross Profit 58.77% 39.1% 49.72%
Depreciation & Amortization $4.301M $4.247M $4.213M
YoY Change 2.62% 9.74% 5.06%
% of Gross Profit 36.57% 30.14% 43.09%
Operating Expenses $13.92M $13.03M $17.33M
YoY Change 2.41% -7.58% 17.09%
Operating Profit -$2.162M $1.060M -$7.553M
YoY Change -143.4% -83.17% 2417.67%
Interest Expense -$255.0K -$270.0K -$267.0K
YoY Change -27.14% -10.0% -11.0%
% of Operating Profit -25.47%
Other Income/Expense, Net -$30.00K $45.00K $2.000K
YoY Change -14.29%
Pretax Income -$2.447M $835.0K -$7.818M
YoY Change -153.24% -85.92% 1463.6%
Income Tax $2.495M -$1.400M -$2.200M
% Of Pretax Income -167.66%
Net Earnings -$4.942M $2.230M -$5.628M
YoY Change -246.6% -55.73% -1307.73%
Net Earnings / Revenue -3.37% 1.48% -4.49%
Basic Earnings Per Share $0.04 -$0.10
Diluted Earnings Per Share -$90.94K $0.04 -$0.10
COMMON SHARES
Basic Shares Outstanding 54.81M 54.65M 54.38M
Diluted Shares Outstanding 55.54M 54.38M

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $96.44M $109.5M $115.0M
YoY Change -12.58% 6.07% 12.12%
Cash & Equivalents $96.44M $109.5M $115.0M
Short-Term Investments
Other Short-Term Assets $598.0K $6.333M $5.800M
YoY Change 9.52% -25.49% -22.67%
Inventory
Prepaid Expenses $4.195M
Receivables $81.43M $77.78M $64.18M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $182.8M $193.6M $185.0M
YoY Change -11.34% -0.27% 1.99%
LONG-TERM ASSETS
Property, Plant & Equipment $9.311M $8.875M $8.469M
YoY Change 35.95% 30.32% -56.12%
Goodwill $121.1M $119.6M $119.6M
YoY Change 2.81% 1.17% 8.61%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.948M $6.070M $51.13M
YoY Change 15.25% -87.81% 5.2%
Total Long-Term Assets $237.1M $240.2M $242.6M
YoY Change -2.56% -3.31% 3.8%
TOTAL ASSETS
Total Short-Term Assets $182.8M $193.6M $185.0M
Total Long-Term Assets $237.1M $240.2M $242.6M
Total Assets $419.9M $433.8M $427.6M
YoY Change -6.59% -1.97% 3.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.41M $39.67M $39.14M
YoY Change -6.24% -0.33% 3.82%
Accrued Expenses $54.46M $49.24M $42.17M
YoY Change -5.54% -20.58% -19.97%
Deferred Revenue $341.0K $84.00K $36.00K
YoY Change 933.33% -3.45%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $109.6M $104.3M $96.66M
YoY Change -5.22% -6.65% -1.17%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $20.47M $22.92M $32.29M
YoY Change -32.24% -45.7% -14.8%
Total Long-Term Liabilities $20.47M $22.92M $32.29M
YoY Change -32.24% -45.7% -14.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.6M $104.3M $96.66M
Total Long-Term Liabilities $20.47M $22.92M $32.29M
Total Liabilities $133.9M $132.3M $128.9M
YoY Change -13.25% -14.04% -4.98%
SHAREHOLDERS EQUITY
Retained Earnings -$30.21M -$25.27M
YoY Change 21.02%
Common Stock $316.5M $327.0M
YoY Change -1.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $286.0M $301.5M $298.6M
YoY Change
Total Liabilities & Shareholders Equity $419.9M $433.8M $427.6M
YoY Change -6.59% -1.97% 3.01%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income -$4.942M $2.230M -$5.628M
YoY Change -246.6% -55.73% -1307.73%
Depreciation, Depletion And Amortization $4.301M $4.247M $4.213M
YoY Change 2.62% 9.74% 5.06%
Cash From Operating Activities $7.691M $1.294M $13.93M
YoY Change -46.65% -90.09% 149.71%
INVESTING ACTIVITIES
Capital Expenditures -$1.654M -$2.881M -$1.605M
YoY Change 18.99% 126.85% 22.52%
Acquisitions
YoY Change
Other Investing Activities -$796.0K $85.00K -$1.000M
YoY Change -26633.33% -100.81% -21.26%
Cash From Investing Activities -$2.450M -$2.796M -$2.605M
YoY Change 75.38% -76.26% 1.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.26M -4.075M -2.213M
YoY Change 208.39% 443.33% -14.22%
NET CHANGE
Cash From Operating Activities 7.691M 1.294M 13.93M
Cash From Investing Activities -2.450M -2.796M -2.605M
Cash From Financing Activities -18.26M -4.075M -2.213M
Net Change In Cash -13.02M -5.577M 9.116M
YoY Change -283.51% -1152.26% 2020.0%
FREE CASH FLOW
Cash From Operating Activities $7.691M $1.294M $13.93M
Capital Expenditures -$1.654M -$2.881M -$1.605M
Free Cash Flow $9.345M $4.175M $15.54M
YoY Change -40.87% -70.87% 125.53%

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<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. The Company</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:2.27%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">QuinStreet, Inc. (the “Company”) is a leader in performance marketplaces and technologies for the financial services and home services industries. The Company was incorporated in California in April 1999 and reincorporated in Delaware in December 2009. The Company specializes in customer acquisition for clients in high value, information-intensive markets or “verticals,” including financial services, home services, and previously the divested education client vertical. The corporate headquarters are located in Foster City, California, with additional offices throughout the United States and India. The majority of the Company’s operations and revenue are in North America.</p>
us-gaap Use Of Estimates
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<p style="margin-top:12pt;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="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:2.27%;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 conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the period. On an ongoing basis, management evaluates these estimates, judgments and assumptions, including those related to revenue recognition, stock-based compensation, goodwill, long-lived assets, contingencies, credit losses of accounts receivable, and income taxes. The Company bases these estimates on historical and anticipated results and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. In addition, the Company may engage third-party valuation specialists to assist with the preparation of certain of its valuations. These estimates form the basis for making judgments about the carrying values of assets and liabilities and recorded revenue and expenses that are not readily apparent from other sources. Actual results could differ from those estimates, and such differences could affect the results of operations reported in future periods.</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:2.27%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In addition</span><span style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, the COVID-19 pandemic is a factor which may cause actual results to differ from estimates. COVID-19 is contributing to a general slowdown in the global economy and may affect the Company’s business, results of operations, financial condition, and future strategic plans. At this time, the extent to which the COVID-19 may impact the Company’s financial condition or results of operations is uncertain.</span></p>
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
100000
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
100000
CY2022Q1 qnst Revenue Reserve
RevenueReserve
1300000
CY2022Q1 qnst Financing Receivable Allowance For Credit Losses And Revenue Reserve
FinancingReceivableAllowanceForCreditLossesAndRevenueReserve
1400000
CY2021Q2 qnst Financing Receivable Allowance For Credit Losses And Revenue Reserve
FinancingReceivableAllowanceForCreditLossesAndRevenueReserve
1000000.0
CY2022Q1 us-gaap Goodwill
Goodwill
119589000
CY2021Q2 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:2.27%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentrations of Credit Risk</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:2.27%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company had one client that accounted for 19% and 16% of net revenue for the three and nine months ended March 31, 2022, and 26% and 25% of net revenue for the three and nine months ended March 31, 2021. That same client accounted for 10% of net accounts receivable as of June 30, 2021. One additional client accounted for 15% of net accounts receivable as of June 30, 2021. No other clients accounted for 10% or more of net revenue for the three and nine months ended March 31, 2022 or 2021 or 10% or more of net accounts receivable as of March 31, 2022 or June 30, 2021.</p>
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022Q1 qnst Fair Value Liabilities Level3 To Level1 Transfers Amount
FairValueLiabilitiesLevel3ToLevel1TransfersAmount
0
CY2021Q2 qnst Fair Value Liabilities Level3 To Level1 Transfers Amount
FairValueLiabilitiesLevel3ToLevel1TransfersAmount
0
CY2022Q1 qnst Fair Value Assets Level3 To Level1 Transfers Amount
FairValueAssetsLevel3ToLevel1TransfersAmount
0
CY2021Q2 qnst Fair Value Assets Level3 To Level1 Transfers Amount
FairValueAssetsLevel3ToLevel1TransfersAmount
0
qnst Accounting Standards Update Description
AccountingStandardsUpdateDescription
ASU 2019-12
CY2022Q1 us-gaap Change In Accounting Principle Accounting Standards Update Adoption Date
ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate
2021-07-01
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
150658000
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
193922000
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
142419000
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
51503000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
2230000
us-gaap Net Income Loss
NetIncomeLoss
20184000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55536000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55623000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54339000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3580000
CY2022Q1 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2021Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2022Q1 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2021Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2022Q1 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2021Q2 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2022Q1 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2800000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8800000
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2800000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8800000
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
192822000
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
133645000
CY2020Q3 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
20000000.0
CY2021Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
154948000
CY2020Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
149370000
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
435253000
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
430782000
CY2021Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
5803000
CY2020Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
15477000
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
23303000
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
19888000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
900000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4500000
CY2022Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1296000
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1315000
us-gaap Operating Lease Cost
OperatingLeaseCost
3875000
CY2021Q2 us-gaap Goodwill
Goodwill
117833000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1756000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2787000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
10882000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9945000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7805000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5197000
CY2022Q1 qnst Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
14887000
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
51503000
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1400000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3000000.0
us-gaap Operating Lease Cost
OperatingLeaseCost
3943000
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
143000
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
170000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
469000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
624000
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
148000
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
139000
us-gaap Variable Lease Cost
VariableLeaseCost
443000
us-gaap Variable Lease Cost
VariableLeaseCost
426000
CY2022Q1 us-gaap Lease Cost
LeaseCost
1587000
CY2021Q1 us-gaap Lease Cost
LeaseCost
1624000
us-gaap Lease Cost
LeaseCost
4787000
us-gaap Lease Cost
LeaseCost
4993000
us-gaap Operating Lease Payments
OperatingLeasePayments
4664000
us-gaap Operating Lease Payments
OperatingLeasePayments
4544000
qnst Increase In Operating Lease Liability In Exchange For Right Of Use Asset Obtained
IncreaseInOperatingLeaseLiabilityInExchangeForRightOfUseAssetObtained
564000
qnst Increase In Operating Lease Liability In Exchange For Right Of Use Asset Obtained
IncreaseInOperatingLeaseLiabilityInExchangeForRightOfUseAssetObtained
6247000
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y1M6D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1555000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5869000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3812000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
876000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
72000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
12184000
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1842000
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
10342000
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5228000
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5114000
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
10342000
CY2022Q1 qnst Future Principal Contractual Obligations For Operating Lease Commitments Undiscounted Lease Liability Excess Amount
FuturePrincipalContractualObligationsForOperatingLeaseCommitmentsUndiscountedLeaseLiabilityExcessAmount
300000
CY2022Q1 qnst Liabilities Related To Indemnification Agreement
LiabilitiesRelatedToIndemnificationAgreement
0
CY2021Q2 qnst Liabilities Related To Indemnification Agreement
LiabilitiesRelatedToIndemnificationAgreement
0
CY2022Q1 qnst Accrual For Indemnification Provisions
AccrualForIndemnificationProvisions
0
CY2021Q2 qnst Accrual For Indemnification Provisions
AccrualForIndemnificationProvisions
0
CY2022Q1 qnst Letters Of Credit For Operating Lease
LettersOfCreditForOperatingLease
500000
qnst Period Of Cancellation Of Letter Of Credit From Annual Expiration Date
PeriodOfCancellationOfLetterOfCreditFromAnnualExpirationDate
P30D

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