$SITM
SITIME Corp

2021 Q2 Form 10-Q Financial Statement

#000156459021041560 Filed on August 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $44.50M $21.47M $21.74M
YoY Change 107.22% 35.54% 46.72%
Cost Of Revenue $17.67M $11.49M $11.77M
YoY Change 53.78% 21.34% 62.78%
Gross Profit $26.83M $9.983M $9.976M
YoY Change 168.73% 56.62% 31.45%
Gross Profit Margin 60.29% 46.49% 45.89%
Selling, General & Admin $12.69M $7.856M $7.808M
YoY Change 61.48% 53.86% 86.3%
% of Gross Profit 47.29% 78.69% 78.27%
Research & Development $12.07M $7.398M $7.024M
YoY Change 63.11% 18.39% 20.69%
% of Gross Profit 44.98% 74.11% 70.41%
Depreciation & Amortization $1.400M $2.500M $1.964M
YoY Change -44.0% 47.06% 2.19%
% of Gross Profit 5.22% 25.04% 19.69%
Operating Expenses $24.75M $15.25M $14.83M
YoY Change 62.27% 34.34% 48.16%
Operating Profit $2.074M -$5.271M -$4.856M
YoY Change -139.35% 5.82% 100.5%
Interest Expense $0.00 $313.0K $303.0K
YoY Change -100.0% -31.36% -30.82%
% of Operating Profit 0.0%
Other Income/Expense, Net -$28.00K -$20.00K $68.00K
YoY Change 40.0% 81.82% -780.0%
Pretax Income $2.046M -$5.604M -$5.091M
YoY Change -136.51% 2.86% 77.39%
Income Tax $23.00K -$1.000K $2.000K
% Of Pretax Income 1.12%
Net Earnings $2.023M -$5.603M -$5.093M
YoY Change -136.11% 2.83% 77.46%
Net Earnings / Revenue 4.55% -26.09% -23.43%
Basic Earnings Per Share $0.11 -$0.36
Diluted Earnings Per Share $0.10 -$0.36 -$339.1K
COMMON SHARES
Basic Shares Outstanding 18.94M 15.37M 15.06M
Diluted Shares Outstanding 20.89M 15.37M

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $253.5M $102.5M $71.20M
YoY Change 147.35% 776.07%
Cash & Equivalents $253.5M $102.5M $71.20M
Short-Term Investments
Other Short-Term Assets $805.0K $715.0K $795.0K
YoY Change 12.59% -76.17%
Inventory $18.49M $14.78M $14.20M
Prepaid Expenses $1.700M $853.0K $1.113M
Receivables $25.27M $13.00M $15.80M
Other Receivables $2.411M $600.0K $600.0K
Total Short-Term Assets $302.6M $132.4M $105.0M
YoY Change 128.47% 203.04%
LONG-TERM ASSETS
Property, Plant & Equipment $20.77M $10.42M $19.40M
YoY Change 99.44% -39.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $162.0K $162.0K $200.0K
YoY Change 0.0% -88.43%
Total Long-Term Assets $31.83M $23.05M $23.20M
YoY Change 38.1% -7.07%
TOTAL ASSETS
Total Short-Term Assets $302.6M $132.4M $105.0M
Total Long-Term Assets $31.83M $23.05M $23.20M
Total Assets $334.4M $155.5M $128.2M
YoY Change 115.07% 126.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.932M $5.004M $4.300M
YoY Change 98.48% 42.97%
Accrued Expenses $13.81M $8.300M $8.000M
YoY Change 66.35% 6.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $35.00M $50.00M
YoY Change -100.0% -23.91%
Long-Term Debt Due $35.00M $50.00M
YoY Change
Total Short-Term Liabilities $23.74M $48.34M $62.30M
YoY Change -50.89% -15.64%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.718M $7.600M $7.900M
YoY Change -11.61% -10.59%
Total Long-Term Liabilities $6.718M $7.600M $7.900M
YoY Change -11.61% -10.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.74M $48.34M $62.30M
Total Long-Term Liabilities $6.718M $7.600M $7.900M
Total Liabilities $30.46M $55.91M $70.20M
YoY Change -45.52% -15.03%
SHAREHOLDERS EQUITY
Retained Earnings -$64.94M -$64.72M
YoY Change 0.34%
Common Stock $368.9M $164.3M
YoY Change 124.52%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $303.9M $99.57M $58.01M
YoY Change
Total Liabilities & Shareholders Equity $334.4M $155.5M $128.2M
YoY Change 115.07% 126.97%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income $2.023M -$5.603M -$5.093M
YoY Change -136.11% 2.83% 77.46%
Depreciation, Depletion And Amortization $1.400M $2.500M $1.964M
YoY Change -44.0% 47.06% 2.19%
Cash From Operating Activities $4.310M $3.620M $2.035M
YoY Change 19.06% 2313.33% -59.51%
INVESTING ACTIVITIES
Capital Expenditures -$7.725M -$1.460M $1.138M
YoY Change 429.11% 52.08% 606.83%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$7.725M -$1.460M -$1.417M
YoY Change 429.11% 52.08% 274.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.000K 29.08M 7.212M
YoY Change -100.01% -48566.67%
NET CHANGE
Cash From Operating Activities 4.310M 3.620M 2.035M
Cash From Investing Activities -7.725M -1.460M -1.417M
Cash From Financing Activities -2.000K 29.08M 7.212M
Net Change In Cash -3.417M 31.24M 7.830M
YoY Change -110.94% -3690.8% 68.46%
FREE CASH FLOW
Cash From Operating Activities $4.310M $3.620M $2.035M
Capital Expenditures -$7.725M -$1.460M $1.138M
Free Cash Flow $12.04M $5.080M $897.0K
YoY Change 136.91% 357.66% -81.56%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q2 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
173000
CY2020Q2 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
173000
CY2021Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
2000
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12067000
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
24753000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2074000
CY2020Q2 us-gaap Interest Expense
InterestExpense
313000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-28000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-20000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-68000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2046000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5604000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1264000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
2000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
136011000
CY2021Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
800000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6718000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6986000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6718000
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
23739000
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19061000
CY2021Q2 us-gaap Liabilities
Liabilities
30457000
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19061000
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-64938000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
303926000
CY2021Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
368862000
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
334383000
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
173274000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-63396000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
109880000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
44496000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
62140000
us-gaap Net Income Loss
NetIncomeLoss
-10696000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5831000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1479000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
63000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
2023000
CY2021Q2 sitm Net Income Loss Attributable To Common Stockholder And Comprehensive Income Loss
NetIncomeLossAttributableToCommonStockholderAndComprehensiveIncomeLoss
2023000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.70
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.70
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18942000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15371000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18408000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15191000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20893000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15371000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18408000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15191000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
295269000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6634000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
2023000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
303926000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
58014000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3076000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-5603000
CY2020Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-1707000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
99569000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
109880000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14000000
us-gaap Net Income Loss
NetIncomeLoss
-1542000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
303926000
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-3495000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
99569000
us-gaap Profit Loss
ProfitLoss
-1542000
us-gaap Profit Loss
ProfitLoss
-10696000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3544000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3696000
us-gaap Share Based Compensation
ShareBasedCompensation
14149000
us-gaap Share Based Compensation
ShareBasedCompensation
5831000
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
173000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1350000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4658000
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
1675000
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-492000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6143000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3054000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-47000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4019000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2448000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
491000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
912000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
758000
sitm Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-713000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10390000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5655000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11388000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1675000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
577000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1206000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11965000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2881000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
181928000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
46116000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
340000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
327000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3495000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
35000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
41000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
181588000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
36294000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
180013000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
39068000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
73525000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
63418000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
253538000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
102486000
us-gaap Interest Paid Net
InterestPaidNet
604000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
1644000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
1279000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
238000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
300000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
2023000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-5603000
us-gaap Net Income Loss
NetIncomeLoss
-1542000
us-gaap Net Income Loss
NetIncomeLoss
-10696000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18942000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15371000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18408000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15191000
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1951000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20893000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15371000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18408000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15191000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.70
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.70
CY2021Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
25320000
CY2020Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
23970000
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
50000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
50000
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
25270000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
23920000
CY2021Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
1619000
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
435000
CY2021Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
13567000
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
10184000
CY2021Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3308000
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1731000
CY2021Q2 us-gaap Inventory Net
InventoryNet
18494000
CY2020Q4 us-gaap Inventory Net
InventoryNet
12350000
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2844000
CY2021Q2 sitm Prepayments To Suppliers
PrepaymentsToSuppliers
339000
CY2020Q4 sitm Prepayments To Suppliers
PrepaymentsToSuppliers
853000
CY2021Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1700000
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1074000
CY2021Q2 us-gaap Other Assets Current
OtherAssetsCurrent
805000
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
722000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2649000
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
39231000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28088000
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18459000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16380000
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20772000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11708000
CY2021Q2 us-gaap Depreciation
Depreciation
1400000
CY2020Q2 us-gaap Depreciation
Depreciation
2500000
us-gaap Depreciation
Depreciation
800000
us-gaap Depreciation
Depreciation
1700000
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
16501000
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14026000
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2475000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15040000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12971000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2069000
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000.0
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000.0
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
200000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
759000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
816000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
479000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
196000
CY2021Q2 sitm Finite Lived Intangible Assets Amortization Expense Year Four And After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFourAndAfterYearFour
224000
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2475000
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5142000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5362000
CY2021Q2 sitm Price Changes And Other Revenue Reserves Current
PriceChangesAndOtherRevenueReservesCurrent
3850000
CY2020Q4 sitm Price Changes And Other Revenue Reserves Current
PriceChangesAndOtherRevenueReservesCurrent
3063000
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1086000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1264000
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3729000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3274000
CY2021Q2 sitm Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
13807000
CY2020Q4 sitm Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
12963000
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8417000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8892000
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1086000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
7804000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8250000
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.042
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
567000
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
426000
us-gaap Operating Lease Cost
OperatingLeaseCost
882000
us-gaap Operating Lease Cost
OperatingLeaseCost
851000
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
86000
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
80000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
164000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
165000
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
82000
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
56000
us-gaap Variable Lease Cost
VariableLeaseCost
165000
us-gaap Variable Lease Cost
VariableLeaseCost
156000
CY2021Q2 us-gaap Lease Cost
LeaseCost
735000
CY2020Q2 us-gaap Lease Cost
LeaseCost
562000
us-gaap Lease Cost
LeaseCost
1211000
us-gaap Lease Cost
LeaseCost
1172000
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
400000
CY2020Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
400000
us-gaap Operating Lease Payments
OperatingLeasePayments
800000
us-gaap Operating Lease Payments
OperatingLeasePayments
1600000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
395000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1739000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1585000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1548000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1580000
CY2021Q2 sitm Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
2019000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
7804000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8866000
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1062000
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1086000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6718000
CY2020Q3 sitm Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
1300000
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7526000
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3268000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14502000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6023000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2046000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5604000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1479000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10695000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
63000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.011
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.043
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2400000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2400000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2020Q2 sitm Percentage Of Long Lived Assets
PercentageOfLongLivedAssets
0.96
CY2020Q4 sitm Percentage Of Long Lived Assets
PercentageOfLongLivedAssets
0.97
CY2021Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
0
CY2020Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
0

Files In Submission

Name View Source Status
0001564590-21-041560-index-headers.html Edgar Link pending
0001564590-21-041560-index.html Edgar Link pending
0001564590-21-041560.txt Edgar Link pending
0001564590-21-041560-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
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
sitm-10q_20210630.htm Edgar Link pending
sitm-10q_20210630_htm.xml Edgar Link completed
sitm-20210630.xsd Edgar Link pending
sitm-20210630_cal.xml Edgar Link unprocessable
sitm-20210630_def.xml Edgar Link unprocessable
sitm-20210630_lab.xml Edgar Link unprocessable
sitm-20210630_pre.xml Edgar Link unprocessable
sitm-ex101_98.htm Edgar Link pending
sitm-ex102_97.htm Edgar Link pending
sitm-ex311_7.htm Edgar Link pending
sitm-ex312_9.htm Edgar Link pending
sitm-ex321_8.htm Edgar Link pending
sitm-ex322_6.htm Edgar Link pending