2021 Form 10-K Financial Statement

#000162828022008830 Filed on April 08, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $61.93M $15.16M $62.20M
YoY Change -0.43% -2.13% 1.46%
Cost Of Revenue $64.35M $14.78M $59.47M
YoY Change 8.2% 2.78% 1.72%
Gross Profit -$2.420M $390.0K $2.725M
YoY Change -188.81% -64.86% -4.02%
Gross Profit Margin -3.91% 2.57% 4.38%
Selling, General & Admin $21.08M $6.550M $24.05M
YoY Change -12.36% -0.15% -19.95%
% of Gross Profit 1679.49% 882.68%
Research & Development $6.800M $1.910M $7.100M
YoY Change -4.23% -2.55% 2.9%
% of Gross Profit 489.74% 260.55%
Depreciation & Amortization $668.0K $220.0K $834.0K
YoY Change -19.9% 4.76% 5.84%
% of Gross Profit 56.41% 30.61%
Operating Expenses $27.88M $8.460M $31.15M
YoY Change -10.5% -0.59% -15.68%
Operating Profit -$30.34M -$8.070M -$28.42M
YoY Change 6.74% 9.05% -17.68%
Interest Expense $2.360M -$590.0K $1.879M
YoY Change 25.6% -690.0% 7416.0%
% of Operating Profit
Other Income/Expense, Net -$2.338M $0.00 -$2.470M
YoY Change -5.34% -722.17%
Pretax Income -$32.67M -$8.660M -$30.89M
YoY Change 5.78% 18.63% -9.49%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$32.67M -$8.660M -$30.89M
YoY Change 5.78% 18.63% -9.49%
Net Earnings / Revenue -52.76% -57.12% -49.66%
Basic Earnings Per Share -$0.35 -$0.41
Diluted Earnings Per Share -$0.35 -$92.42K -$0.41
COMMON SHARES
Basic Shares Outstanding 93.79M shares 93.57M shares 75.62M shares
Diluted Shares Outstanding 93.79M shares 75.62M shares

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.44M $58.68M $58.68M
YoY Change -61.76% 125.3% 125.35%
Cash & Equivalents $13.28M $48.68M $48.68M
Short-Term Investments $9.158M $9.997M $10.00M
Other Short-Term Assets $2.861M $2.710M $2.710M
YoY Change 5.57% -9.06% -9.06%
Inventory $4.076M $3.913M $3.910M
Prepaid Expenses
Receivables $5.913M $4.171M $4.170M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $35.29M $69.47M $69.47M
YoY Change -49.2% 88.4% 88.42%
LONG-TERM ASSETS
Property, Plant & Equipment $10.22M $2.642M $5.550M
YoY Change 84.2% 8.59% -1.77%
Goodwill $900.0K
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.142M $629.0K $1.810M
YoY Change 18.34% 44.6% 108.05%
Total Long-Term Assets $13.29M $8.279M $8.280M
YoY Change 60.46% 11.23% 11.14%
TOTAL ASSETS
Total Short-Term Assets $35.29M $69.47M $69.47M
Total Long-Term Assets $13.29M $8.279M $8.280M
Total Assets $48.57M $77.75M $77.75M
YoY Change -37.53% 75.44% 75.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.739M $4.155M $4.160M
YoY Change -10.12% 37.67% 37.75%
Accrued Expenses $7.094M $5.013M $6.180M
YoY Change 14.79% 10.96% 2.83%
Deferred Revenue $2.175M
YoY Change -2.64%
Short-Term Debt $437.0K $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $7.381M $0.00
YoY Change
Total Short-Term Liabilities $20.97M $12.79M $12.79M
YoY Change 63.92% 3.39% 3.4%
LONG-TERM LIABILITIES
Long-Term Debt $13.19M $20.95M $20.95M
YoY Change -37.06%
Other Long-Term Liabilities $11.89M $0.00 $9.840M
YoY Change 20.8% -100.0% -15.32%
Total Long-Term Liabilities $25.07M $20.95M $30.79M
YoY Change -18.57% 164.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.97M $12.79M $12.79M
Total Long-Term Liabilities $25.07M $20.95M $30.79M
Total Liabilities $46.04M $43.58M $43.58M
YoY Change 5.64% 81.6% 81.58%
SHAREHOLDERS EQUITY
Retained Earnings -$337.4M
YoY Change 10.08%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.535M $34.17M $34.17M
YoY Change
Total Liabilities & Shareholders Equity $48.57M $77.75M $77.75M
YoY Change -37.53% 75.44% 75.43%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income -$32.67M -$8.660M -$30.89M
YoY Change 5.78% 18.63% -9.49%
Depreciation, Depletion And Amortization $668.0K $220.0K $834.0K
YoY Change -19.9% 4.76% 5.84%
Cash From Operating Activities -$33.50M -$8.570M -$29.64M
YoY Change 13.02% 61.7% 8.76%
INVESTING ACTIVITIES
Capital Expenditures -$522.0K -$80.00K -$1.050M
YoY Change -50.29% -42.86% 77.97%
Acquisitions
YoY Change
Other Investing Activities $833.0K $710.0K $4.260M
YoY Change -80.45% 129.03% -202.4%
Cash From Investing Activities $311.0K $630.0K $3.212M
YoY Change -90.32% 270.59% -167.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$2.179M 0.000 $63.32M
YoY Change -103.44% -100.0% 200.29%
NET CHANGE
Cash From Operating Activities -$33.50M -8.570M -$29.64M
Cash From Investing Activities $311.0K 630.0K $3.212M
Cash From Financing Activities -$2.179M 0.000 $63.32M
Net Change In Cash -$35.40M -7.940M $36.89M
YoY Change -195.97% 201.9% -437.82%
FREE CASH FLOW
Cash From Operating Activities -$33.50M -$8.570M -$29.64M
Capital Expenditures -$522.0K -$80.00K -$1.050M
Free Cash Flow -$32.98M -$8.490M -$28.59M
YoY Change 15.34% 64.53% 7.23%

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ShareBasedCompensation
475000 USD
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
837000 USD
CY2021 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
146000 USD
CY2020 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
305000 USD
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1847000 USD
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1455000 USD
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
369000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
294000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-8000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-7000 USD
CY2021 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 USD
CY2020 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
8000 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-8000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1742000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-32000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
656000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1306000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1823000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-76000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-416000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1136000 USD
CY2021 us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
0 USD
CY2020 us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
-104000 USD
CY2021Q4 rmti Working Capital Net
WorkingCapitalNet
14300000 USD
CY2021 rmti Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
1771000 USD
CY2020 rmti Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
1439000 USD
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-48000 USD
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
534000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2033000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1887000 USD
CY2021 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
4843000 USD
CY2020 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
2958000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-33534000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-29641000 USD
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
26058000 USD
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
29307000 USD
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
26891000 USD
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
33565000 USD
CY2021 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
522000 USD
CY2020 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
1046000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-33500000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-370100000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
311000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
3212000 USD
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
22500000 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1343000 USD
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1530000 USD
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
763000 USD
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
750000 USD
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
107000 USD
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
0 USD
CY2021 rmti Repurchase Of Common Shares To Pay Employee Withholding Taxes
RepurchaseOfCommonSharesToPayEmployeeWithholdingTaxes
6000 USD
CY2020 rmti Repurchase Of Common Shares To Pay Employee Withholding Taxes
RepurchaseOfCommonSharesToPayEmployeeWithholdingTaxes
19000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2179000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
63316000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-35402000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2500000 USD
CY2021Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
22400000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
36887000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48682000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11795000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13280000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48682000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1827000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1558000 USD
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-6000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-3000 USD
CY2021 rmti Research And Development Licenses Included In Settlement Payable
ResearchAndDevelopmentLicensesIncludedInSettlementPayable
437000 USD
CY2020 rmti Research And Development Licenses Included In Settlement Payable
ResearchAndDevelopmentLicensesIncludedInSettlementPayable
0 USD
CY2021 us-gaap Stock Issued1
StockIssued1
501000 USD
CY2020 us-gaap Stock Issued1
StockIssued1
501000 USD
CY2021 rmti Years Of Service
YearsOfService
P25Y
CY2021 rmti Entity Yearly Revenue
EntityYearlyRevenue
60000000 USD
CY2021Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
300 employee
CY2021 rmti Number Of Major Customers
NumberOfMajorCustomers
2 agreement
CY2021 rmti Number Of Distribution And License Agreements
NumberOfDistributionAndLicenseAgreements
5 agreement
CY2021 rmti Average Payment Term Of Customers
AveragePaymentTermOfCustomers
P30D
CY2021 rmti Average Payment Term Of Distributors
AveragePaymentTermOfDistributors
P45D
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
61931000 USD
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
62197000 USD
CY2021 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
6800000 USD
CY2020 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
7100000 USD
CY2021Q4 us-gaap Other Receivables
OtherReceivables
5913000 USD
CY2020Q4 us-gaap Other Receivables
OtherReceivables
4171000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8157000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10190000 USD
CY2021 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
CY2020 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
CY2021 rmti Bad Debt Expense
BadDebtExpense
0 USD
CY2020 rmti Bad Debt Expense
BadDebtExpense
0 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8200000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
10200000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that may affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of expenses during the reporting period. Actual results could differ from those estimates. The most significant accounting estimates inherent in the preparation of our financial statements include estimates associated with fair value and classification of warrants, revenue recognition, allowance for doubtful accounts, inventory reserves, accrued expenses, deferred license revenue, stock-based compensation, impairments of long-lived assets, and accounting for income taxes.</span></div>
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2021 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P17Y
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1900000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2000000 USD
CY2021Q4 us-gaap Notes Payable
NotesPayable
400000 USD
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
32641851 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
33307113 shares
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
9143000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
14000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
9158000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
9987000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
0 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
9997000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1805000 USD
CY2021Q4 rmti Current And Non Current Inventory
CurrentAndNonCurrentInventory
5599000 USD
CY2020Q4 rmti Current And Non Current Inventory
CurrentAndNonCurrentInventory
5089000 USD
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3434000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3112000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
201000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
172000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1964000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9589000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9178000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
900000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2642000 USD
CY2021 us-gaap Depreciation
Depreciation
668000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7103000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6536000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2486000 USD
CY2020 us-gaap Depreciation
Depreciation
834000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
900000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 rmti Research And Development Related Liabilities Current
ResearchAndDevelopmentRelatedLiabilitiesCurrent
366000 USD
CY2020Q4 rmti Research And Development Related Liabilities Current
ResearchAndDevelopmentRelatedLiabilitiesCurrent
232000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1791000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2500000 USD
CY2021Q4 rmti Accrued Unvouchered Receipts Current
AccruedUnvoucheredReceiptsCurrent
796000 USD
CY2020Q4 rmti Accrued Unvouchered Receipts Current
AccruedUnvoucheredReceiptsCurrent
755000 USD
CY2021Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
382000 USD
CY2020Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
395000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1755000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1131000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5090000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5013000 USD
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
93573165 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
170000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
170000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
93986470 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
93986470 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
93573165 shares
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
943000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
475000 USD
CY2018Q4 rmti Number Of Additional Agreements
NumberOfAdditionalAgreements
3 agreement
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
1793000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
1609000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
373000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
488000 USD
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
2166000 USD
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
2097000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
313000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
18000 USD
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
99000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000 USD
CY2021 rmti Finance Lease Expense
FinanceLeaseExpense
412000 USD
CY2020 rmti Finance Lease Expense
FinanceLeaseExpense
23000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
17000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
17000 USD
CY2021 us-gaap Lease Cost
LeaseCost
2595000 USD
CY2020 us-gaap Lease Cost
LeaseCost
2137000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1772000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
1648000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
99000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5000 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
255000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
17000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4217000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
268000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2431000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
930000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M18D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.064
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.064
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.051
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
668000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1114000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1772000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
660000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1455000 USD
CY2021 rmti Self Insurance Overall Limit
SelfInsuranceOverallLimit
599000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
671000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
637000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
676000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
259000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
665000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
120000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
311000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5357000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
3651000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
555000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
562000 USD
CY2021Q4 rmti Self Insurance Retention Limits In Excess Of Claims Paid And Accrued
SelfInsuranceRetentionLimitsInExcessOfClaimsPaidAndAccrued
431000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4802000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3089000 USD
CY2021Q4 rmti Self Insurance Reserve Per Occurrence
SelfInsuranceReservePerOccurrence
350000 USD
CY2021Q4 rmti Self Insurance Estimated Loss Reserves And Additional Future Claims
SelfInsuranceEstimatedLossReservesAndAdditionalFutureClaims
382000 USD
CY2021Q4 rmti Cash Collateral And Escrow Deposit Held By Insurance Carriers For Workers Compensation Insurance
CashCollateralAndEscrowDepositHeldByInsuranceCarriersForWorkersCompensationInsurance
400000 USD
CY2021Q4 us-gaap Purchase Obligation
PurchaseObligation
32600000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2262
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2267
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-6744000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-6373000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
0 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
0 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6744000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6373000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
66895000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
59586000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
7726000 USD
CY2020Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2310000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
7582000 USD
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1846000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
6872000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
6872000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
174000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
185000 USD
CY2021Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
88000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
666000 USD
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
6000 USD
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
25000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
865000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
387000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
84472000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
77613000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
183000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
155000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
381000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
294000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
564000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
449000 USD
CY2021Q4 rmti Deferred Tax Assets Liabilities Gross
DeferredTaxAssetsLiabilitiesGross
83908000 USD
CY2020Q4 rmti Deferred Tax Assets Liabilities Gross
DeferredTaxAssetsLiabilitiesGross
77164000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
83908000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
77164000 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
294800000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q4 us-gaap Deferred Taxes Business Combination Valuation Allowance Allocated To Contributed Capital
DeferredTaxesBusinessCombinationValuationAllowanceAllocatedToContributedCapital
4200000 USD

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