$RDVT
Red Violet, Inc.

2019 Q2 Form 10-Q Financial Statement

#000156459019028779 Filed on August 05, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2017 Q4
Revenue $7.245M $3.909M $2.710M
YoY Change 85.34% 96.14% 103.76%
Cost Of Revenue $3.050M $2.080M $1.870M
YoY Change 46.63% 13.04% 38.52%
Gross Profit $4.190M $1.830M $840.0K
YoY Change 128.96% 1120.0% -4300.0%
Gross Profit Margin 57.83% 46.82% 31.0%
Selling, General & Admin $7.399M $2.970M $3.570M
YoY Change 149.12% -75.38% 3.78%
% of Gross Profit 176.59% 162.3% 425.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $681.0K $478.0K $420.0K
YoY Change 42.47% 117.27% 110.0%
% of Gross Profit 16.25% 26.12% 50.0%
Operating Expenses $7.399M $2.970M $3.980M
YoY Change 149.12% -75.38% 9.34%
Operating Profit -$3.887M -$1.623M -$3.140M
YoY Change 139.49% -86.62% -14.21%
Interest Expense $37.00K
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00 $129.0K
YoY Change -100.0%
Pretax Income -$3.850M -$1.494M -$3.140M
YoY Change 157.7% -87.69% -14.21%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.850M -$1.494M -$3.140M
YoY Change 157.7% -87.69% -14.21%
Net Earnings / Revenue -53.14% -38.22% -115.87%
Basic Earnings Per Share
Diluted Earnings Per Share -$373.8K -$145.1K -$311.8K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2018 Q2 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.920M $15.84M $70.00K
YoY Change -62.63% 9217.65%
Cash & Equivalents $5.915M $15.84M $65.00K
Short-Term Investments
Other Short-Term Assets $890.0K $840.0K $560.0K
YoY Change 5.95% 1.2%
Inventory
Prepaid Expenses
Receivables $3.626M $2.031M $1.650M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.43M $18.71M $2.274M
YoY Change -44.28% 874.53%
LONG-TERM ASSETS
Property, Plant & Equipment $726.0K $928.0K $1.091M
YoY Change -21.77% -8.12%
Goodwill $5.227M $5.227M $5.227M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $459.0K $1.098M $1.180M
YoY Change -58.2% -19.26%
Total Long-Term Assets $31.28M $24.89M $22.85M
YoY Change 25.69% 21.75%
TOTAL ASSETS
Total Short-Term Assets $10.43M $18.71M $2.274M
Total Long-Term Assets $31.28M $24.89M $22.85M
Total Assets $41.70M $43.60M $25.13M
YoY Change -4.34% 94.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.290M $1.390M $2.578M
YoY Change 64.75% 43.3%
Accrued Expenses $1.400M $3.140M $4.780M
YoY Change -55.41% -66.35%
Deferred Revenue $56.00K $33.00K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.741M $4.590M $7.389M
YoY Change -18.5% -55.65%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.710M $189.0K
YoY Change 1333.86% -62.2%
Total Long-Term Liabilities $2.710M $189.0K $0.00
YoY Change 1333.86% -62.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.741M $4.590M $7.389M
Total Long-Term Liabilities $2.710M $189.0K $0.00
Total Liabilities $6.453M $4.779M $7.389M
YoY Change 35.03% -55.95%
SHAREHOLDERS EQUITY
Retained Earnings -$10.01M -$1.494M
YoY Change 570.15%
Common Stock $10.00K $10.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $35.25M $38.82M $17.74M
YoY Change
Total Liabilities & Shareholders Equity $41.70M $43.60M $25.13M
YoY Change -4.34% 94.97%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2017 Q4
OPERATING ACTIVITIES
Net Income -$3.850M -$1.494M -$3.140M
YoY Change 157.7% -87.69% -14.21%
Depreciation, Depletion And Amortization $681.0K $478.0K $420.0K
YoY Change 42.47% 117.27% 110.0%
Cash From Operating Activities $100.0K -$2.410M -$2.510M
YoY Change -104.15% 5.7% 27.41%
INVESTING ACTIVITIES
Capital Expenditures -$1.500M -$1.540M -$1.180M
YoY Change -2.6% -6.1% -37.23%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.500M -$1.540M -$1.180M
YoY Change -2.6% -6.1% -37.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 3.500M
YoY Change -100.0% -14.0%
NET CHANGE
Cash From Operating Activities 100.0K -2.410M -2.510M
Cash From Investing Activities -1.500M -1.540M -1.180M
Cash From Financing Activities 0.000 0.000 3.500M
Net Change In Cash -1.400M -3.950M -190.0K
YoY Change -64.56% -2423.53% -186.36%
FREE CASH FLOW
Cash From Operating Activities $100.0K -$2.410M -$2.510M
Capital Expenditures -$1.500M -$1.540M -$1.180M
Free Cash Flow $1.600M -$870.0K -$1.330M
YoY Change -283.91% 35.94% 1377.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
rdvt Common Stock Distribution Ratio At Spinoff
CommonStockDistributionRatioAtSpinoff
0.1333
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P6M
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
rdvt Common Stock Distribution Ratio At Spinoff
CommonStockDistributionRatioAtSpinoff
0.1333
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
822408531
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5915000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9950000
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
98000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
77000
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3626000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2265000
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
885000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
934000
CY2019Q2 us-gaap Assets Current
AssetsCurrent
10426000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
13149000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
726000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
852000
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22031000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
19971000
CY2019Q2 us-gaap Goodwill
Goodwill
5227000
CY2018Q4 us-gaap Goodwill
Goodwill
5227000
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2835000
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
459000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
628000
CY2019Q2 us-gaap Assets
Assets
41704000
CY2018Q4 us-gaap Assets
Assets
39827000
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2290000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2246000
CY2019Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
932000
CY2018Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
1277000
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
463000
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
56000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
26000
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3741000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3549000
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2712000
CY2019Q2 us-gaap Liabilities
Liabilities
6453000
CY2018Q4 us-gaap Liabilities
Liabilities
3549000
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10286613
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10286613
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10266613
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10266613
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
10000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
10000
CY2019Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
45253000
us-gaap Costs And Expenses
CostsAndExpenses
18284000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-3887000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.51
us-gaap Net Income Loss
NetIncomeLoss
-3578000
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.15
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
41052000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10012000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4784000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
35251000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
36278000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
41704000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
39827000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7245000
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3909000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12979000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7234000
CY2019Q2 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
3052000
CY2018Q2 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
2084000
us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
5721000
us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
4101000
CY2019Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2003000
CY2018Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1228000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3503000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2317000
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5396000
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1742000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7761000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3594000
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
681000
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
478000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1299000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
929000
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
11132000
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
5532000
us-gaap Costs And Expenses
CostsAndExpenses
10941000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1623000
us-gaap Operating Income Loss
OperatingIncomeLoss
-5305000
us-gaap Operating Income Loss
OperatingIncomeLoss
-3707000
CY2019Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
37000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
77000
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
129000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
129000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3850000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1494000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5228000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3578000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-3850000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-1494000
us-gaap Net Income Loss
NetIncomeLoss
-5228000
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.37
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.35
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10298613
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10266613
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10283232
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10266613
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
35324000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
35251000
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3609000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
38817000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
36278000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1004000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1299000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
38817000
us-gaap Net Income Loss
NetIncomeLoss
-5228000
us-gaap Net Income Loss
NetIncomeLoss
-3578000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
929000
us-gaap Share Based Compensation
ShareBasedCompensation
3883000
us-gaap Share Based Compensation
ShareBasedCompensation
214000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
30000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
61000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
326000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
155000
rdvt Allocated Expenses From Related Party
AllocatedExpensesFromRelatedParty
325000
rdvt Noncash Lease Expenses
NoncashLeaseExpenses
207000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1687000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
536000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-49000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
284000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-169000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-82000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
44000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
122000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2944000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
30000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
23000
rdvt Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-212000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
189000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1090000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5242000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
37000
us-gaap Payments For Software
PaymentsForSoftware
2913000
us-gaap Payments For Software
PaymentsForSoftware
2888000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2945000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2925000
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
23939000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23939000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4035000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
15772000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9950000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5915000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15837000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
318000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
181000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3042000
rdvt Operating Lease Liabilities Arising From Obtaining Right Of Use Assets
OperatingLeaseLiabilitiesArisingFromObtainingRightOfUseAssets
3387000
rdvt Spin Off Completed Date
SpinOffCompletedDate
2018-03-26
CY2018Q1 rdvt Common Stock Distributed Shares At Spinoff
CommonStockDistributedSharesAtSpinoff
10266613
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2018Q1 rdvt Common Stock Distributed Shares At Spinoff
CommonStockDistributedSharesAtSpinoff
10266613
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-3850000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-1494000
us-gaap Net Income Loss
NetIncomeLoss
-5228000
us-gaap Net Income Loss
NetIncomeLoss
-3578000
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10298613
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10266613
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10283232
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10266613
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.37
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.15
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.51
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.35
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
617000
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
417000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1171000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
790000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1307000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3304000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3303000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3301000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3226000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
7590000
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22031000
CY2019Q2 us-gaap Goodwill
Goodwill
5227000
CY2018Q4 us-gaap Goodwill
Goodwill
5227000
us-gaap New Date Of Annual Goodwill Impairment Test
NewDateOfAnnualGoodwillImpairmentTest
October 1
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
56000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
26000
rdvt Contract With Customer Liability Revenue Recognized Period
ContractWithCustomerLiabilityRevenueRecognizedPeriod
P12M
CY2019Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
26000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3626000
rdvt Revenue Remaining Performance Obligation Specified Period Over Which Subscription Contracts Terms Exceed
RevenueRemainingPerformanceObligationSpecifiedPeriodOverWhichSubscriptionContractsTermsExceed
P12M
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
980000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1639000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
greater than 50%
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
49000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3883000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
214000
CY2019Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
168000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
318000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
181000
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
3777000
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
49000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
4201000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
395000
CY2017Q1 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
21020
CY2017Q1 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P89M
CY2017Q2 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
6003
CY2017Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P90M
CY2017Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P60M
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
168000
us-gaap Operating Lease Cost
OperatingLeaseCost
336000
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
171000
us-gaap Operating Lease Payments
OperatingLeasePayments
341000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3042000
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.080
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.080
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M18D
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
346000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
705000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
724000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
743000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
765000
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
3175000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
619000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3902000
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
463000
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2712000
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
727000
CY2019Q2 rdvt Cost Of Non Cancellable Data Licensing Agreements
CostOfNonCancellableDataLicensingAgreements
1867000
CY2018Q2 rdvt Cost Of Non Cancellable Data Licensing Agreements
CostOfNonCancellableDataLicensingAgreements
1361000
rdvt Cost Of Non Cancellable Data Licensing Agreements
CostOfNonCancellableDataLicensingAgreements
3555000
rdvt Cost Of Non Cancellable Data Licensing Agreements
CostOfNonCancellableDataLicensingAgreements
2653000
CY2019Q2 us-gaap Contractual Obligation
ContractualObligation
18549000
CY2019Q2 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
3776000
CY2019Q2 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
7506000
CY2019Q2 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
5615000
CY2019Q2 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
1652000
CY2019Q2 us-gaap Contractual Obligation
ContractualObligation
18549000

Files In Submission

Name View Source Status
0001564590-19-028779-index-headers.html Edgar Link pending
0001564590-19-028779-index.html Edgar Link pending
0001564590-19-028779.txt Edgar Link pending
0001564590-19-028779-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
rdvt-10q_20190630.htm Edgar Link pending
rdvt-10q_20190630_htm.xml Edgar Link completed
rdvt-20190630.xsd Edgar Link pending
rdvt-20190630_cal.xml Edgar Link unprocessable
rdvt-20190630_def.xml Edgar Link unprocessable
rdvt-20190630_lab.xml Edgar Link unprocessable
rdvt-20190630_pre.xml Edgar Link unprocessable
rdvt-ex101_12.htm Edgar Link pending
rdvt-ex311_8.htm Edgar Link pending
rdvt-ex312_6.htm Edgar Link pending
rdvt-ex321_7.htm Edgar Link pending
rdvt-ex322_9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending