2024 Q2 Form 10-Q Financial Statement

#000121390024043795 Filed on May 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $850.0K $1.045M
YoY Change 416.05%
Cost Of Revenue $318.0K
YoY Change
Gross Profit $463.4K $483.4K
YoY Change -575.23% 3227.93%
Gross Profit Margin 54.51% 46.26%
Selling, General & Admin $816.4K $577.3K
YoY Change 25.62% -25.79%
% of Gross Profit 176.2% 119.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $164.2K $166.9K
YoY Change -28.56% 5.04%
% of Gross Profit 35.44% 34.52%
Operating Expenses $816.4K $577.3K
YoY Change 25.62% -25.79%
Operating Profit -$353.1K -$93.83K
YoY Change -52.76% -87.71%
Interest Expense $10.99K -$337.6K
YoY Change -102.6% 131.18%
% of Operating Profit
Other Income/Expense, Net $10.99K -$337.6K
YoY Change -102.6% 131.18%
Pretax Income -$342.1K -$431.4K
YoY Change -70.75% -52.56%
Income Tax $105.0K
% Of Pretax Income
Net Earnings -$447.1K -$431.4K
YoY Change -61.77% -54.07%
Net Earnings / Revenue -52.6% -41.29%
Basic Earnings Per Share -$0.08 -$0.08
Diluted Earnings Per Share -$0.08 -$0.08
COMMON SHARES
Basic Shares Outstanding 5.332M shares 5.332M shares
Diluted Shares Outstanding 5.332M shares 5.332M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $136.8K $770.7K
YoY Change 6.44% 507.28%
Cash & Equivalents $136.8K $770.7K
Short-Term Investments
Other Short-Term Assets $83.64K $84.07K
YoY Change 150.73% 369.19%
Inventory
Prepaid Expenses
Receivables $758.3K $3.989M
Other Receivables $0.00 $0.00
Total Short-Term Assets $978.7K $4.844M
YoY Change 504.63% 3244.68%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $3.344M $3.508M
YoY Change -17.29% -17.9%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $3.344M $3.508M
YoY Change -17.29% -17.9%
TOTAL ASSETS
Total Short-Term Assets $978.7K $4.844M
Total Long-Term Assets $3.344M $3.508M
Total Assets $4.322M $8.352M
YoY Change 2.8% 89.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $538.7K $1.999M
YoY Change 160.99% 1066.73%
Accrued Expenses $878.7K $1.233M
YoY Change -29.96% 18.57%
Deferred Revenue
YoY Change
Short-Term Debt $6.772M $8.299M
YoY Change -32.46% -12.96%
Long-Term Debt Due $2.797M $2.797M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $11.23M $14.81M
YoY Change -23.33% 8.12%
LONG-TERM LIABILITIES
Long-Term Debt $150.0K $150.0K
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $53.67K $53.67K
YoY Change 0.0% 0.0%
Total Long-Term Liabilities $203.7K $203.7K
YoY Change 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.23M $14.81M
Total Long-Term Liabilities $203.7K $203.7K
Total Liabilities $11.43M $15.01M
YoY Change -23.01% 8.0%
SHAREHOLDERS EQUITY
Retained Earnings -$24.79M -$24.34M
YoY Change -12.4% -10.27%
Common Stock $160.00 $160.00
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$7.109M -$6.662M
YoY Change
Total Liabilities & Shareholders Equity $4.322M $8.352M
YoY Change 2.8% 89.08%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$447.1K -$431.4K
YoY Change -61.77% -54.07%
Depreciation, Depletion And Amortization $164.2K $166.9K
YoY Change -28.56% 5.04%
Cash From Operating Activities $892.8K -$628.4K
YoY Change -282.16% 3.39%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.527M $835.6K
YoY Change -410.48% -78.81%
NET CHANGE
Cash From Operating Activities 892.8K -$628.4K
Cash From Investing Activities 0.000
Cash From Financing Activities -1.527M $835.6K
Net Change In Cash -633.9K $207.2K
YoY Change -39720.63% 470.75%
FREE CASH FLOW
Cash From Operating Activities $892.8K -$628.4K
Capital Expenditures $0.00 $0.00
Free Cash Flow $892.8K -$628.4K
YoY Change -282.16% -83.92%

Facts In Submission

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="text-decoration:underline">Revenue Recognition</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Patent Licensing Fees</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes revenue in accordance with ASC Topic 606, “Revenue from Contracts with Customers”. Revenue is recognized when control of the promised goods or services is transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. Under Topic 606, revenue is recognized when there is a contract which has commercial substance which is approved by both parties and identifies the rights of the parties and the payment terms.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the periods presented, revenue contracts executed by the Company primarily provided for the payment of contractually determined, one-time, paid-up license fees in consideration for the grant of certain intellectual property rights for patented technologies owned or controlled by the Company’s operating subsidiaries as part of the settlement of litigation commenced by the Company’s subsidiaries. Intellectual property rights granted included the following, as applicable: (i) the grant of a non-exclusive, retroactive and future license to manufacture and/or sell products covered by patented technologies, (ii) a covenant-not-to-sue, (iii) the release of the licensee from certain claims, and (iv) the dismissal of any pending litigation. The intellectual property rights granted were perpetual in nature, extending until the legal expiration date of the related patents. The individual intellectual property rights are not accounted for as separate performance obligations, as (a) the nature of the promise, within the context of the contract, is to transfer combined items to which the promised intellectual property rights are inputs and (b) the Company’s promise to transfer each individual intellectual property right described above to the customer is not separately identifiable from other promises to transfer intellectual property rights in the contract.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Since the promised intellectual property rights are not individually distinct, the Company combined each individual IP right in the contract into a bundle of IP rights that is distinct and accounted for all of the intellectual property rights promised in the contract as a single performance obligation. The intellectual property rights granted were “functional IP rights” that have significant standalone functionality. The Company’s subsequent activities do not substantively change that functionality and do not significantly affect the utility of the IP to which the licensee has rights. The Company’s subsidiaries have no further obligation with respect to the grant of intellectual property rights, including no express or implied obligation to maintain or upgrade the technology, or provide future support or services. The contracts provide for the grant (i.e., transfer of control) of the licenses, covenants-not-to-sue, releases, and other significant deliverables upon execution of the contract. Licensees legally obtain control of the intellectual property rights upon execution of the contract. As such, the earnings process is complete and revenue is recognized upon the execution of the contract, when collectability is probable and all other revenue recognition criteria have been met. Revenue contracts generally provide for payment of contractual amounts within 30 to 90 days of execution of the contract. Contractual payments made by licensees are generally non-refundable. The Company does not have any significant payment terms, as payment is received shortly after goods are delivered or services are provided, therefore there is no significant financing component or consideration payable to the customer in these transactions.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company’s revenue for the three months ended March 31, 2024 was generated from licenses pursuant to the settlement of patent infringement lawsuits in the TLL portfolio. Revenue for the three months ending March 31, 2023 was generated from licenses pursuant to the settlement of patent infringement lawsuits in the Tyche and STX portfolios.</p>
CY2024Q1 qprc Reimbursement Costs Received
ReimbursementCostsReceived
334000 usd
CY2023Q1 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
30000 usd
CY2024Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="text-decoration:underline">Concentration of Credit Risk</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company maintains its cash in bank deposit accounts, which at times, may exceed federally insured limits. The Company has not experienced any such losses in these accounts.</p>
CY2024Q1 qprc Dilutive Potential Common Shares
DilutivePotentialCommonShares
962463 shares
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1135465 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3507736 usd
CY2024Q1 us-gaap Loans Payable Current
LoansPayableCurrent
138000 usd
CY2023Q4 us-gaap Loans Payable Current
LoansPayableCurrent
138000 usd
CY2024Q1 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
24342000 usd
CY2024Q1 qprc Working Capital
workingCapital
9965000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6087000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6087000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2579264 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2412397 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3507736 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3674603 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P5Y3M14D
CY2023Q4 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P5Y5M19D
CY2021Q1 qprc Purchase Price
PurchasePrice
350000 usd
CY2021Q1 qprc Gross Proceeds
GrossProceeds
350000 usd
CY2021Q1 qprc Aggregate Amount
AggregateAmount
93900 usd
CY2021Q2 qprc Purchase Price
PurchasePrice
250000 usd
CY2021Q4 qprc Purchase Price
PurchasePrice
550000 usd
CY2021Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P11Y
CY2022Q1 qprc Purchase Price
PurchasePrice
1060000 usd
CY2022Q3 qprc Purchase Price
PurchasePrice
92000 usd
CY2023Q1 qprc Purchase Price
PurchasePrice
3300000 usd
CY2023Q3 qprc Purchase Price
PurchasePrice
30000 usd
CY2024Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
167000 usd
CY2023 us-gaap Adjustment For Amortization
AdjustmentForAmortization
159000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
469487 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
540589 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
500064 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
464786 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
397345 usd
CY2024Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8161151 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
7325502 usd
CY2024Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
4877000 usd
CY2023Q1 qprc Operating Capital Advance
OperatingCapitalAdvance
200000 usd
CY2024Q1 qprc Requested And Received
RequestedAndReceived
834000 usd
CY2024Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
3300000 usd
CY2024Q1 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
25000000 usd
CY2023Q1 qprc Proceeds From Finance
ProceedsFromFinance
3300000 usd
CY2024Q1 us-gaap Notes And Loans Payable Current
NotesAndLoansPayableCurrent
2796500 usd
CY2015Q4 qprc Purchase Agreement
PurchaseAgreement
4672810 usd
CY2024Q1 qprc Asset Acquired Description
AssetAcquiredDescription
Under these MPAs, Intelligent Partners participates in the monetization proceeds the Company receives with respect to new patents after QFL has received its negotiated rate of return.
CY2024Q1 us-gaap Notes Issued1
NotesIssued1
250000 usd
CY2024Q1 us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2050-05-14
CY2024Q1 qprc Deducted Loan Amount
DeductedLoanAmount
100 usd
CY2024Q1 qprc Loan Origination Cost
LoanOriginationCost
1000 usd
CY2024Q1 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
53665 usd
CY2022 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
53665 usd
CY2020Q2 qprc Acquisition Funding Amount
AcquisitionFundingAmount
95000 usd
CY2024Q1 qprc Funder Received
FunderReceived
53665 usd
CY2021Q1 us-gaap Shares Issued
SharesIssued
962463 shares
CY2021Q1 qprc Warrant Yield Percentage
WarrantYieldPercentage
0.10 pure
CY2021Q1 qprc Aggregate Number Of Outstanding Shares
AggregateNumberOfOutstandingShares
0.10 pure
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
481000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
282000 usd
CY2023Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
281809 usd
CY2024Q1 qprc Gain On Subsequent Measurement
GainOnSubsequentMeasurement
199422 usd
CY2024Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
481231 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2000000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.39
CY2023Q4 qprc Share Based Compensation Arrangements By Share Based Payment Award Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementsByShareBasedPaymentAwardWeightedAverageGrantDateFairValue
1.2
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M18D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2000000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.39
CY2024Q1 qprc Share Based Compensation Arrangements By Share Based Payment Award Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementsByShareBasedPaymentAwardWeightedAverageGrantDateFairValue
1.2
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y6M18D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1200000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.97
CY2024Q1 qprc Sharebased Compensation Arrangement By Sharebased Payment Award Options Weighted Average Grant Date Fair Value Options Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsWeightedAverageGrantDateFairValueOptionsExercisable
1.2
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y2M12D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
962463 shares
CY2023Q4 qprc Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWeightedAverageExercisePrice
0.54
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P7Y1M20D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
962463 shares
CY2024Q1 qprc Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWeightedAverageExercisePrice
0.54
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P6Y10M24D
CY2024Q1 qprc Outstanding Share Capital Percentage
OutstandingShareCapitalPercentage
0.10 pure
CY2023Q4 us-gaap Minority Interest
MinorityInterest
228 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
228 usd
CY2024Q1 us-gaap Minority Interest
MinorityInterest
228 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
228 usd
CY2024Q1 qprc Patent Service Costs
PatentServiceCosts
30000 usd
CY2023Q1 qprc Patent Service Costs
PatentServiceCosts
0 usd
CY2023Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
1379000 usd
CY2024Q1 qprc Initial Annual Salary
InitialAnnualSalary
252000 usd
CY2016Q3 qprc Annual Bonus Compensation Equal Percentage
AnnualBonusCompensationEqualPercentage
0.30 pure
CY2016Q3 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
500000 usd
CY2023 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
334000 usd
CY2024Q1 qprc Compensation Percentage
CompensationPercentage
0.20 pure
CY2024Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
CY2024Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2024Q1 qprc Share Based Compensation Arrangements By Share Based Payment Award Weighted Average Grant Date Fair Value Exercised
ShareBasedCompensationArrangementsByShareBasedPaymentAwardWeightedAverageGrantDateFairValueExercised
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
CY2024Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2024Q1 qprc Share Based Compensation Arrangements By Share Based Payment Award Weighted Average Grant Date Fair Value Expired
ShareBasedCompensationArrangementsByShareBasedPaymentAwardWeightedAverageGrantDateFairValueExpired
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
CY2024Q1 qprc Share Based Compensation Arrangements By Share Based Payment Award Weighted Average Grant Date Fair Value Cancelled
ShareBasedCompensationArrangementsByShareBasedPaymentAwardWeightedAverageGrantDateFairValueCancelled
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
shares
CY2024Q1 qprc Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Weighted Average Exercise Price Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWeightedAverageExercisePriceGranted
CY2024Q1 qprc Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercised Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisedPeriod
shares
CY2024Q1 qprc Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Weighted Average Exercise Price Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWeightedAverageExercisePriceExercised
CY2024Q1 qprc Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expired
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpired
shares
CY2024Q1 qprc Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Weighted Average Exercise Price Expired
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWeightedAverageExercisePriceExpired
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
shares
CY2024Q1 qprc Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Weighted Average Exercise Price Cancelled
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWeightedAverageExercisePriceCancelled
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
usd
CY2024Q1 dei Amendment Flag
AmendmentFlag
false
CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000824416
CY2024Q1 dei No Trading Symbol Flag
NoTradingSymbolFlag
true

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