2022 Q3 Form 10-Q Financial Statement

#000181997422000069 Filed on August 17, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q1 2021 Q3
Revenue $47.41M $38.53M $41.19M
YoY Change 15.1% -3.11% 24.8%
Cost Of Revenue $45.33M $41.71M $39.38M
YoY Change 15.11% 15.1% 53.07%
Gross Profit $2.080M -$3.181M $1.812M
YoY Change 14.79% -190.11% -75.1%
Gross Profit Margin 4.39% -8.26% 4.4%
Selling, General & Admin $10.80M $9.951M $15.42M
YoY Change -29.97% 48.3% 167.39%
% of Gross Profit 518.99% 850.72%
Research & Development $2.361M $1.228M $3.339M
YoY Change -29.29% -26.47% 206.89%
% of Gross Profit 113.51% 184.27%
Depreciation & Amortization $6.683M $7.068M $6.400M
YoY Change 4.42% 22.71% 55.08%
% of Gross Profit 321.3% 353.2%
Operating Expenses $13.16M $11.02M $18.75M
YoY Change -29.85% 20.76% 173.66%
Operating Profit -$11.08M -$14.21M -$16.00M
YoY Change -30.78% 153.68% -2660.0%
Interest Expense $1.040M -$839.0K $912.0K
YoY Change 14.04% -40.5% -30.01%
% of Operating Profit
Other Income/Expense, Net -$1.040M $0.00 $5.541M
YoY Change -118.77% -100.0% -382.27%
Pretax Income -$12.12M -$28.49M -$10.46M
YoY Change 15.84% 321.41% 681.69%
Income Tax $63.00K -$2.322M -$4.237M
% Of Pretax Income
Net Earnings -$13.01M -$27.04M -$6.979M
YoY Change 86.34% 119.8% 321.95%
Net Earnings / Revenue -27.43% -70.16% -16.94%
Basic Earnings Per Share -$320.0K -$200.0K
Diluted Earnings Per Share -$320.0K -$687.5K -$200.0K
COMMON SHARES
Basic Shares Outstanding 40.20M shares 39.90M shares 34.71M shares
Diluted Shares Outstanding 40.20M shares 34.71M shares

Balance Sheet

Concept 2022 Q3 2022 Q1 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.97M $12.92M $64.60M
YoY Change -83.01% 74.55% 251.1%
Cash & Equivalents $10.97M $12.92M $64.60M
Short-Term Investments
Other Short-Term Assets $6.077M $0.00 $34.00K
YoY Change 17773.53% -100.0% -99.69%
Inventory $11.87M $17.50M $29.17M
Prepaid Expenses $1.881M $1.759M $1.839M
Receivables $49.91M $39.38M $33.40M
Other Receivables $744.0K $801.0K $230.0K
Total Short-Term Assets $79.57M $74.40M $130.8M
YoY Change -39.15% -2.84% 30.63%
LONG-TERM ASSETS
Property, Plant & Equipment $187.3M $180.5M $179.4M
YoY Change 4.38% 1.35% 6.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.363M $4.835M $4.518M
YoY Change -25.56% 20.94% -25.93%
Total Long-Term Assets $197.1M $189.2M $188.0M
YoY Change 4.84% 1.37% 5.67%
TOTAL ASSETS
Total Short-Term Assets $79.57M $74.40M $130.8M
Total Long-Term Assets $197.1M $189.2M $188.0M
Total Assets $276.6M $263.6M $318.8M
YoY Change -13.21% 0.15% 14.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.85M $7.637M $15.88M
YoY Change -12.8% -54.52% -33.83%
Accrued Expenses $25.09M $17.48M $20.73M
YoY Change 21.03% -31.43% -26.48%
Deferred Revenue $19.67M $16.14M $20.25M
YoY Change -2.86% -37.89%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.042M $1.021M $1.006M
YoY Change 3.58% -63.17% -74.21%
Total Short-Term Liabilities $64.76M $47.77M $66.98M
YoY Change -3.3% -44.67% -32.48%
LONG-TERM LIABILITIES
Long-Term Debt $77.19M $58.43M $65.35M
YoY Change 18.12% -16.33% 69.74%
Other Long-Term Liabilities $13.18M $4.350M $88.09M
YoY Change -85.04% -25.85%
Total Long-Term Liabilities $174.3M $155.9M $156.3M
YoY Change 11.49% -12.64% -0.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $64.76M $47.77M $66.98M
Total Long-Term Liabilities $174.3M $155.9M $156.3M
Total Liabilities $239.0M $203.7M $223.3M
YoY Change 7.05% -23.08% -14.68%
SHAREHOLDERS EQUITY
Retained Earnings -$84.09M -$54.48M -$13.57M
YoY Change 519.54% 1340.1%
Common Stock $404.0K $398.0K $391.0K
YoY Change 3.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $38.01M $61.13M $96.90M
YoY Change
Total Liabilities & Shareholders Equity $276.6M $263.6M $318.8M
YoY Change -13.21% 0.15% 14.66%

Cashflow Statement

Concept 2022 Q3 2022 Q1 2021 Q3
OPERATING ACTIVITIES
Net Income -$13.01M -$27.04M -$6.979M
YoY Change 86.34% 119.8% 321.95%
Depreciation, Depletion And Amortization $6.683M $7.068M $6.400M
YoY Change 4.42% 22.71% 55.08%
Cash From Operating Activities -$3.070M -$18.44M -$22.39M
YoY Change -86.29% -507.04% 97.02%
INVESTING ACTIVITIES
Capital Expenditures -$1.049M -$1.386M -$7.855M
YoY Change -86.65% -93.83% -72.9%
Acquisitions
YoY Change
Other Investing Activities $2.010M $0.00
YoY Change -100.0%
Cash From Investing Activities -$1.049M $624.0K -$7.855M
YoY Change -86.65% -102.78% -72.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.658M 22.27M 90.63M
YoY Change -90.45% 220.03% -9983.64%
NET CHANGE
Cash From Operating Activities -3.070M -18.44M -22.39M
Cash From Investing Activities -1.049M 624.0K -7.855M
Cash From Financing Activities 8.658M 22.27M 90.63M
Net Change In Cash 4.539M 4.459M 60.39M
YoY Change -92.48% -140.65% -246.42%
FREE CASH FLOW
Cash From Operating Activities -$3.070M -$18.44M -$22.39M
Capital Expenditures -$1.049M -$1.386M -$7.855M
Free Cash Flow -$2.021M -$17.05M -$14.54M
YoY Change -86.1% -163.18% -182.52%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001819974
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-01
dei Amendment Flag
AmendmentFlag
false
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P6M
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2022Q3 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#AccruedLiabilitiesCurrent
CY2022Q3 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrent
CY2022Q3 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#AccruedLiabilitiesCurrent
CY2022Q3 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrent
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-07-03
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-40345
dei Entity Registrant Name
EntityRegistrantName
SkyWater Technology, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
37-1839853
dei Entity Address Address Line1
EntityAddressAddressLine1
2401 East 86th Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Bloomington
dei Entity Address State Or Province
EntityAddressStateOrProvince
MN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
55425
dei City Area Code
CityAreaCode
952
dei Local Phone Number
LocalPhoneNumber
851-5200
dei Security12b Title
Security12bTitle
Common stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
SKYT
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
40454685 shares
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10974000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12917000 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
49906000 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
39381000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
11866000 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
17500000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6077000 usd
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3854000 usd
CY2022Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
744000 usd
CY2022Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
745000 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
79567000 usd
CY2022Q1 us-gaap Assets Current
AssetsCurrent
74397000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
187141000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
180475000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6576000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3891000 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3363000 usd
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4835000 usd
CY2022Q3 us-gaap Assets
Assets
276647000 usd
CY2022Q1 us-gaap Assets
Assets
263598000 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1042000 usd
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1021000 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
13848000 usd
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
7637000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
25094000 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17483000 usd
CY2022Q3 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
441000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
816000 usd
CY2022Q3 us-gaap Deferred Income Current
DeferredIncomeCurrent
24339000 usd
CY2022Q1 us-gaap Deferred Income Current
DeferredIncomeCurrent
20808000 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
64764000 usd
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
47765000 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
77190000 usd
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
58428000 usd
CY2022Q3 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
3636000 usd
CY2022Q1 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
4039000 usd
CY2022Q3 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
79392000 usd
CY2022Q1 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
88094000 usd
CY2022Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
858000 usd
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
995000 usd
CY2022Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13178000 usd
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4350000 usd
CY2022Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
174254000 usd
CY2022Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
155906000 usd
CY2022Q3 us-gaap Liabilities
Liabilities
239018000 usd
CY2022Q1 us-gaap Liabilities
Liabilities
203671000 usd
CY2022Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
80000000 shares
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
80000000 shares
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40449776 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
40449776 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39836038 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
39836038 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
404000 usd
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
398000 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
121697000 usd
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
115208000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-84090000 usd
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-54479000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
38011000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
61127000 usd
CY2022Q3 us-gaap Minority Interest
MinorityInterest
-382000 usd
CY2022Q1 us-gaap Minority Interest
MinorityInterest
-1200000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37629000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
59927000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
276647000 usd
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
263598000 usd
CY2022Q3 us-gaap Revenues
Revenues
47407000 usd
CY2021Q3 us-gaap Revenues
Revenues
41189000 usd
us-gaap Revenues
Revenues
95528000 usd
us-gaap Revenues
Revenues
89290000 usd
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
45327000 usd
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
39377000 usd
us-gaap Cost Of Revenue
CostOfRevenue
94388000 usd
us-gaap Cost Of Revenue
CostOfRevenue
78312000 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
2080000 usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
1812000 usd
us-gaap Gross Profit
GrossProfit
1140000 usd
us-gaap Gross Profit
GrossProfit
10978000 usd
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2361000 usd
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3339000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4643000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5266000 usd
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10795000 usd
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15415000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
22485000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24018000 usd
CY2022Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-942000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-886000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-11076000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-16000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-25988000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-17420000 usd
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
6453000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
6453000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
1040000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
912000 usd
us-gaap Interest Expense
InterestExpense
2069000 usd
us-gaap Interest Expense
InterestExpense
1970000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1040000 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5541000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2069000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4483000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12116000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10459000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-28057000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12937000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
63000 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4237000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-131000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4662000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-12179000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-6222000 usd
us-gaap Profit Loss
ProfitLoss
-27926000 usd
us-gaap Profit Loss
ProfitLoss
-8275000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
826000 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
757000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1685000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1515000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-13005000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-6979000 usd
us-gaap Net Income Loss
NetIncomeLoss
-29611000 usd
us-gaap Net Income Loss
NetIncomeLoss
-9790000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-320000
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-320000
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-200000
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-200000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-740000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-740000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.54
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40203050 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40203050 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34707758 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34707758 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40031615 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40031615 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18884051 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18884051 shares
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-4613000 usd
CY2021Q3 skyt Stock Issued During Period Value Conversion Of Corporate Securities
StockIssuedDuringPeriodValueConversionOfCorporateSecurities
0 usd
CY2021Q3 skyt Stock Issued And Sold During Period Value In Private Placement
StockIssuedAndSoldDuringPeriodValueInPrivatePlacement
100162000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6539000 usd
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
392000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-6222000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
95474000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
47509000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
786000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2043000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
530000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-12179000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37629000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1584000 usd
skyt Apic Unit Based Payment Arrangement Increase For Cost Recognition
APICUnitBasedPaymentArrangementIncreaseForCostRecognition
5000 usd
skyt Stock Issued During Period Value Conversion Of Corporate Securities
StockIssuedDuringPeriodValueConversionOfCorporateSecurities
0 usd
skyt Stock Issued And Sold During Period Value In Private Placement
StockIssuedAndSoldDuringPeriodValueInPrivatePlacement
100162000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6539000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1373000 usd
us-gaap Profit Loss
ProfitLoss
-8275000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
95474000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
59927000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1445000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5050000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
867000 usd
us-gaap Profit Loss
ProfitLoss
-27926000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37629000 usd
us-gaap Profit Loss
ProfitLoss
-27926000 usd
us-gaap Profit Loss
ProfitLoss
-8275000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13657000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13336000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
6453000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
348000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
320000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5334000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
7008000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-886000 usd
skyt Payments For Contingent Consideration In Excess Of Initial Valuation
PaymentsForContingentConsiderationInExcessOfInitialValuation
375000 usd
skyt Payments For Contingent Consideration In Excess Of Initial Valuation
PaymentsForContingentConsiderationInExcessOfInitialValuation
6114000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-137000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5191000 usd
skyt Noncash Revenue Related To Customer Equipment
NoncashRevenueRelatedToCustomerEquipment
0 usd
skyt Noncash Revenue Related To Customer Equipment
NoncashRevenueRelatedToCustomerEquipment
2481000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1024000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3401000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3865000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1998000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
751000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5672000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6047000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4482000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-5170000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-16695000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
0 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-1171000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13862000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30811000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
400000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
357000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5463000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12898000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5863000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13255000 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
104212000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
18946000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
382000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
1128000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
0 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1205000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
416000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
288000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
867000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1373000 usd
skyt Payments Of Intangible Asset Obligations
PaymentsOfIntangibleAssetObligations
500000 usd
skyt Payments Of Intangible Asset Obligations
PaymentsOfIntangibleAssetObligations
0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
509000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
495000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
17782000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
101233000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1943000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
57167000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12917000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7436000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10974000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64603000 usd
us-gaap Interest Paid Net
InterestPaidNet
1857000 usd
us-gaap Interest Paid Net
InterestPaidNet
1635000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1701000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6972000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11444000 usd
skyt Issuance Costs Incurred But Not Yet Paid
IssuanceCostsIncurredButNotYetPaid
0 usd
skyt Issuance Costs Incurred But Not Yet Paid
IssuanceCostsIncurredButNotYetPaid
662000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
9008000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
2603000 usd
skyt Intangible Assets Incurred But Not Yet Paid
IntangibleAssetsIncurredButNotYetPaid
2562000 usd
skyt Intangible Assets Incurred But Not Yet Paid
IntangibleAssetsIncurredButNotYetPaid
0 usd
us-gaap Nature Of Operations
NatureOfOperations
Nature of Business<div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">SkyWater Technology, Inc., together with its consolidated subsidiaries (collectively, “we”, “us”, “our”, or “SkyWater”), is a U.S. investor-owned, independent, pure-play technology foundry that offers advanced semiconductor development and manufacturing services from our fabrication facility, or fab, in Minnesota and advanced packaging services from our Florida facility. In our technology as a service model, we leverage a strong foundation of proprietary technology to co-develop process technology intellectual property with our customers that enables disruptive concepts through our Advanced Technology Services for diverse microelectronics (integrated circuits, or ICs) and related micro- and nanotechnology applications. In addition to these differentiated technology development services, we support customers with volume production of ICs for high-growth markets through our Wafer Services.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Emerging Growth Company Status</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are an emerging growth company, as defined in the Jumpstart Our Business Startups Act of 2012.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Corporate Conversion and Initial Public Offering</span></div><div style="margin-top:7pt;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%">Effective April 14, 2021, we converted into a Delaware corporation pursuant to a statutory conversion and changed our name to SkyWater Technology, Inc. Previously, we operated as a Delaware limited liability company under the name CMI Acquisition, LLC. As a result of the corporate conversion, the holders of the different series of units of CMI Acquisition, LLC, became holders of common stock and options to purchase common stock of SkyWater Technology, Inc. The number of shares of common stock that holders of Class B preferred units and common units were entitled to receive in the corporate conversion was determined in accordance with a plan of conversion, which was based upon the terms of the CMI Acquisition, LLC operating agreement, and varied depending on which class of Units a holder owned. See Note 8 – </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Shareholders’ Equity</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 23, 2021, we completed our initial public offering (“IPO”) and issued </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8,004,000</span> shares of common stock. Shares of common stock began trading on the Nasdaq Stock Market on April 21, 2021 under the symbol “SKYT”.
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-13005000 usd
us-gaap Net Income Loss
NetIncomeLoss
-29611000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10974000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of our condensed consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Management evaluates these estimates and judgments on an ongoing basis and bases its estimates on experience, current and expected future conditions, third-party evaluations and various other assumptions that management believes are reasonable under the circumstances. Actual results could differ from those estimates.</span></div>
CY2022Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13005000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-13005000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-13005000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-6979000 usd
us-gaap Net Income Loss
NetIncomeLoss
-29611000 usd
us-gaap Net Income Loss
NetIncomeLoss
-9790000 usd
CY2022Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 usd
us-gaap Depreciation
Depreciation
12447000 usd
CY2021Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-39000 usd
CY2021Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-39000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-398000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-398000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-7018000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7018000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-29611000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-29611000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10188000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-10188000 usd
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40203050 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40203050 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34707758 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34707758 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40031615 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40031615 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18884051 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18884051 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-320000
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-320000
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-200000
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-200000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-740000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-740000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.54
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q3 us-gaap Revenues
Revenues
47407000 usd
CY2021Q3 us-gaap Revenues
Revenues
41189000 usd
us-gaap Revenues
Revenues
95528000 usd
CY2022Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1167000 usd
CY2022Q3 us-gaap Revenues
Revenues
47407000 usd
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1167000 usd
CY2021Q3 us-gaap Revenues
Revenues
41189000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2334000 usd
us-gaap Revenues
Revenues
95528000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2334000 usd
us-gaap Revenues
Revenues
89290000 usd
us-gaap Revenues
Revenues
89290000 usd
CY2022Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
399000 usd
CY2021Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
426000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
594000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
977000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
26005000 usd
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
16303000 usd
CY2022Q3 us-gaap Deferred Revenue Leases Net
DeferredRevenueLeasesNet
13610000 usd
CY2022Q3 us-gaap Deferred Income
DeferredIncome
103731000 usd
CY2021Q3 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
19673000 usd
CY2022Q3 us-gaap Deferred Revenue Leases Current
DeferredRevenueLeasesCurrent
4666000 usd
CY2022Q3 us-gaap Deferred Income Current
DeferredIncomeCurrent
24339000 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
16141000 usd
CY2022Q1 us-gaap Deferred Revenue Leases Current
DeferredRevenueLeasesCurrent
4667000 usd
CY2022Q1 us-gaap Deferred Income Current
DeferredIncomeCurrent
20808000 usd
CY2022Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
70448000 usd
CY2022Q3 us-gaap Deferred Revenue Leases Net Noncurrent
DeferredRevenueLeasesNetNoncurrent
8944000 usd
CY2022Q3 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
79392000 usd
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
76816000 usd
CY2022Q1 us-gaap Deferred Revenue Leases Net Noncurrent
DeferredRevenueLeasesNetNoncurrent
11278000 usd
CY2022Q1 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
88094000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
90121000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
92957000 usd
CY2022Q1 us-gaap Deferred Revenue Leases Net
DeferredRevenueLeasesNet
15945000 usd
CY2022Q1 us-gaap Deferred Income
DeferredIncome
108902000 usd
skyt Percentage Of Contract Liabilities Recognized In Revenue
PercentageOfContractLiabilitiesRecognizedInRevenue
0.08
skyt Percentage Of Contract Liabilities Recognized In Revenue
PercentageOfContractLiabilitiesRecognizedInRevenue
0.20
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
88521000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
18074000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
16483000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
11394000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
42570000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
88521000 usd
CY2022Q3 skyt Inventory Parts And Components Classified As Other Assets Net Of Reserves
InventoryPartsAndComponentsClassifiedAsOtherAssetsNetOfReserves
2356000 usd
CY2022Q1 skyt Inventory Parts And Components Classified As Other Assets Net Of Reserves
InventoryPartsAndComponentsClassifiedAsOtherAssetsNetOfReserves
2388000 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
49906000 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
39381000 usd
CY2022Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3945000 usd
CY2022Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3340000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
335000 usd
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
7339000 usd
CY2022Q3 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
7586000 usd
CY2022Q1 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
6821000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
11866000 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
17500000 usd
us-gaap Depreciation
Depreciation
12714000 usd
CY2022Q3 skyt Inventory And Other Asset Net
InventoryAndOtherAssetNet
14222000 usd
CY2022Q1 skyt Inventory And Other Asset Net
InventoryAndOtherAssetNet
19888000 usd
CY2022Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1881000 usd
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1759000 usd
CY2022Q3 us-gaap Deferred Costs Current
DeferredCostsCurrent
3680000 usd
CY2022Q1 us-gaap Deferred Costs Current
DeferredCostsCurrent
1579000 usd
CY2022Q3 us-gaap Supplies
Supplies
516000 usd
CY2022Q1 us-gaap Supplies
Supplies
516000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6077000 usd
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3854000 usd
CY2022Q3 us-gaap Land
Land
5396000 usd
CY2022Q1 us-gaap Land
Land
5396000 usd
CY2022Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
87742000 usd
CY2022Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
87156000 usd
CY2022Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
179784000 usd
CY2022Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
143105000 usd
CY2022Q3 skyt Fixed Assets Not Yet In Service Gross
FixedAssetsNotYetInServiceGross
11288000 usd
CY2022Q1 skyt Fixed Assets Not Yet In Service Gross
FixedAssetsNotYetInServiceGross
29229000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
284210000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
264886000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
97069000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
84411000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
187141000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
180475000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
6683000 usd
CY2021Q3 us-gaap Depreciation
Depreciation
6400000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10277000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8125000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3701000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4234000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6576000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3891000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1058000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1635000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
909000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
744000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
577000 usd
CY2022Q3 skyt Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
1653000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6576000 usd
CY2022Q3 skyt Inventory Parts And Components Classified As Other Assets Net Of Reserves
InventoryPartsAndComponentsClassifiedAsOtherAssetsNetOfReserves
2356000 usd
CY2022Q1 skyt Inventory Parts And Components Classified As Other Assets Net Of Reserves
InventoryPartsAndComponentsClassifiedAsOtherAssetsNetOfReserves
2388000 usd
CY2022Q3 us-gaap Deferred Costs
DeferredCosts
0 usd
CY2022Q1 us-gaap Deferred Costs
DeferredCosts
1760000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
163000 usd
CY2022Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
844000 usd
CY2022Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
687000 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3363000 usd
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4835000 usd
CY2022Q1 skyt Accrued Inventory Current
AccruedInventoryCurrent
1966000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9489000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5007000 usd
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4557000 usd
CY2022Q3 skyt Accrued Technology Based Obligations Current
AccruedTechnologyBasedObligationsCurrent
2500000 usd
CY2022Q1 skyt Accrued Technology Based Obligations Current
AccruedTechnologyBasedObligationsCurrent
0 usd
CY2022Q3 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
242000 usd
CY2022Q1 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
189000 usd
CY2022Q3 skyt Accrued Fixed Asset Expenditures Current
AccruedFixedAssetExpendituresCurrent
1728000 usd
CY2022Q1 skyt Accrued Fixed Asset Expenditures Current
AccruedFixedAssetExpendituresCurrent
861000 usd
CY2022Q3 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
3355000 usd
CY2022Q1 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
1854000 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1306000 usd
CY2022Q1 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
1192000 usd
CY2022Q3 skyt Accrued Inventory Current
AccruedInventoryCurrent
1467000 usd
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6864000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
25094000 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17483000 usd
CY2022Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4276000 usd
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4624000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
78232000 usd
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
59449000 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1042000 usd
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1021000 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
77190000 usd
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
58428000 usd
CY2022Q3 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.005
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.005
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.405
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.360
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022Q3 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
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13662000 usd
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
9819000 usd
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
80000000 shares
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
40449776 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40449776 shares
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5150000 shares
CY2022Q3 skyt Annual Increase Decrease In Shares Reserved For Issuance Under Share Based Compensation Plan
AnnualIncreaseDecreaseInSharesReservedForIssuanceUnderShareBasedCompensationPlan
150000 shares
CY2022Q3 skyt Annual Increase Decrease In Shares Reserved For Issuance Under Share Based Compensation Plan Percentage Of Common Stock Shares Outstanding
AnnualIncreaseDecreaseInSharesReservedForIssuanceUnderShareBasedCompensationPlanPercentageOfCommonStockSharesOutstanding
0.03
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
549000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
986000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.29
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
549000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.24
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
99000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
13.25
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1436000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.22
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y10D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
435000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
14.00
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
0 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y5M26D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.37
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2043000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6539000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5050000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6544000 usd
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
816000 usd
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
10900000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
375000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
6114000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
886000 usd
CY2022Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
441000 usd
CY2021Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
3900000 usd
CY2022Q3 us-gaap Contractual Obligation
ContractualObligation
12000000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
184000 usd
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
184000 usd
CY2022Q2 us-gaap Lessee Finance Lease Lease Not Yet Commenced Term Of Contract1
LesseeFinanceLeaseLeaseNotYetCommencedTermOfContract1
P15Y
CY2022Q2 skyt Lessee Finance Lease Lease Not Yet Commenced Liability
LesseeFinanceLeaseLeaseNotYetCommencedLiability
14000000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
13000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
26000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
495000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
842000 usd
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
234000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
322000 usd
CY2022Q3 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
742000 usd
us-gaap Lease Cost
LeaseCost
1190000 usd
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
70000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
140000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
12000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
234000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
416000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
184000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
9126000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P13Y4M24D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.048
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.085
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
163000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
10630000 usd
CY2022Q3 skyt Lease Right Of Use Asset
LeaseRightOfUseAsset
10793000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
42000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
122000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
164000 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1306000 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
9489000 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
10795000 usd
CY2022Q3 skyt Lease Liability
LeaseLiability
10959000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
24000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1288000 usd
CY2022Q3 skyt Lease Liability To Be Paid Remainder Of Fiscal Year
LeaseLiabilityToBePaidRemainderOfFiscalYear
1312000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
50000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
1458000 usd
CY2022Q3 skyt Lease Liability To Be Paid Year One
LeaseLiabilityToBePaidYearOne
1508000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
51000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1234000 usd
CY2022Q3 skyt Lease Liability To Be Paid Year Two
LeaseLiabilityToBePaidYearTwo
1285000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
54000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1155000 usd
CY2022Q3 skyt Lease Liability To Be Paid Year Three
LeaseLiabilityToBePaidYearThree
1209000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1157000 usd
CY2022Q3 skyt Lease Liability To Be Paid Year Four
LeaseLiabilityToBePaidYearFour
1157000 usd
CY2022Q3 skyt Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
0 usd
CY2022Q3 skyt Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
11977000 usd
CY2022Q3 skyt Lease Liability To Be Paid Due After Year Four
LeaseLiabilityToBePaidDueAfterYearFour
11977000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
179000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
18269000 usd
CY2022Q3 skyt Lease Liability To Be Paid
LeaseLiabilityToBePaid
18448000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
15000 usd
CY2022Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
7474000 usd
CY2022Q3 skyt Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
7489000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
164000 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
10795000 usd
CY2022Q3 skyt Lease Liability
LeaseLiability
10959000 usd
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
21000000 usd
CY2020Q1 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P4Y6M
CY2022Q3 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
27000000 usd
CY2022Q3 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
2248000 usd
CY2022Q1 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1558000 usd

Files In Submission

Name View Source Status
0001819974-22-000069-index-headers.html Edgar Link pending
0001819974-22-000069-index.html Edgar Link pending
0001819974-22-000069.txt Edgar Link pending
0001819974-22-000069-xbrl.zip Edgar Link pending
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
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
skyt-20220703.htm Edgar Link pending
skyt-20220703.xsd Edgar Link pending
skyt-20220703xex311.htm Edgar Link pending
skyt-20220703xex312.htm Edgar Link pending
skyt-20220703xex321.htm Edgar Link pending
skyt-20220703xex322.htm Edgar Link pending
skyt-20220703_g1.jpg Edgar Link pending
skyt-20220703_cal.xml Edgar Link unprocessable
skyt-20220703_def.xml Edgar Link unprocessable
skyt-20220703_lab.xml Edgar Link unprocessable
skyt-20220703_pre.xml Edgar Link unprocessable
skyt-20220703_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable