2024 Q3 Form 10-Q Financial Statement

#000181997424000028 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $93.82M $93.33M
YoY Change 34.39% 41.21%
Cost Of Revenue $73.58M $76.22M
YoY Change 38.46% 53.58%
Gross Profit $20.24M $17.11M
YoY Change 21.41% 3.92%
Gross Profit Margin 21.57% 18.34%
Selling, General & Admin $12.10M $12.33M
YoY Change -32.13% -17.21%
% of Gross Profit 59.77% 72.06%
Research & Development $3.431M $3.382M
YoY Change 43.2% 26.76%
% of Gross Profit 16.96% 19.76%
Depreciation & Amortization $3.836M $3.704M
YoY Change -42.75% -49.62%
% of Gross Profit 18.96% 21.64%
Operating Expenses $15.53M $15.71M
YoY Change -23.2% -10.53%
Operating Profit $4.709M $1.400M
YoY Change -232.69% -227.85%
Interest Expense -$1.988M -$2.482M
YoY Change -167.39% 0.45%
% of Operating Profit -42.22% -177.29%
Other Income/Expense, Net
YoY Change
Pretax Income $2.721M -$1.082M
YoY Change -141.87% -69.66%
Income Tax $93.00K -$127.0K
% Of Pretax Income 3.42%
Net Earnings $1.512M -$1.897M
YoY Change -117.6% -55.6%
Net Earnings / Revenue 1.61% -2.03%
Basic Earnings Per Share $0.03 -$0.04
Diluted Earnings Per Share $0.03 -$0.04
COMMON SHARES
Basic Shares Outstanding 47.48M shares 47.35M shares
Diluted Shares Outstanding 47.64M shares 47.40M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.68M $18.36M
YoY Change 27.85% 32.67%
Cash & Equivalents $20.68M $18.36M
Short-Term Investments
Other Short-Term Assets $15.13M $16.73M
YoY Change 3261.56% 34.32%
Inventory $14.43M $14.61M
Prepaid Expenses $3.123M $3.864M
Receivables $60.56M $52.24M
Other Receivables $0.00 $255.0K
Total Short-Term Assets $140.0M $120.7M
YoY Change 18.16% 11.89%
LONG-TERM ASSETS
Property, Plant & Equipment $163.0M $157.0M
YoY Change -3.91% -10.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.906M $6.024M
YoY Change -11.07% 40.55%
Total Long-Term Assets $175.1M $169.7M
YoY Change -2.87% -8.23%
TOTAL ASSETS
Total Short-Term Assets $140.0M $120.7M
Total Long-Term Assets $175.1M $169.7M
Total Assets $315.1M $290.4M
YoY Change 5.47% -0.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.22M $18.98M
YoY Change 113.07% 36.21%
Accrued Expenses $31.43M $33.00M
YoY Change -2.12% 25.64%
Deferred Revenue $70.24M $48.81M
YoY Change 201.78% 107.69%
Short-Term Debt $19.55M $23.88M
YoY Change -63.95% -54.27%
Long-Term Debt Due $5.099M $4.984M
YoY Change 159.62% -90.81%
Total Short-Term Liabilities $160.0M $133.9M
YoY Change 22.7% 9.24%
LONG-TERM LIABILITIES
Long-Term Debt $36.18M $37.41M
YoY Change 4.03% 6.3%
Other Long-Term Liabilities $8.780M $8.906M
YoY Change -8.55% -88.33%
Total Long-Term Liabilities $86.48M $99.67M
YoY Change -17.96% -10.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $160.0M $133.9M
Total Long-Term Liabilities $86.48M $99.67M
Total Liabilities $246.5M $233.6M
YoY Change 4.52% -1.16%
SHAREHOLDERS EQUITY
Retained Earnings -$131.3M -$132.8M
YoY Change 22.37% 34.55%
Common Stock $477.0K $474.0K
YoY Change 5.07% 7.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $56.16M $51.46M
YoY Change
Total Liabilities & Shareholders Equity $315.1M $290.4M
YoY Change 5.47% -0.82%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $1.512M -$1.897M
YoY Change -117.6% -55.6%
Depreciation, Depletion And Amortization $3.836M $3.704M
YoY Change -42.75% -49.62%
Cash From Operating Activities $14.32M $9.347M
YoY Change -306.82% -184.31%
INVESTING ACTIVITIES
Capital Expenditures $12.61M $1.171M
YoY Change 7980.77% -61.78%
Acquisitions
YoY Change
Other Investing Activities $32.00K $23.00K
YoY Change
Cash From Investing Activities -$12.57M -$1.148M
YoY Change 7960.26% -62.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 580.0K -9.839M
YoY Change -93.84% 383.49%
NET CHANGE
Cash From Operating Activities 14.32M 9.347M
Cash From Investing Activities -12.57M -1.148M
Cash From Financing Activities 580.0K -9.839M
Net Change In Cash 2.322M -1.640M
YoY Change -0.68% -89.87%
FREE CASH FLOW
Cash From Operating Activities $14.32M $9.347M
Capital Expenditures $12.61M $1.171M
Free Cash Flow $1.710M $8.176M
YoY Change -124.16% -157.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q2 us-gaap Revenues
Revenues
93329000 usd
CY2024Q2 us-gaap Cost Of Revenue
CostOfRevenue
76215000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1400000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1082000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-127000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
-955000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
942000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-1897000 usd
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1638000 usd
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44280343 shares
CY2023Q3 us-gaap Revenues
Revenues
69811000 usd
us-gaap Revenues
Revenues
172965000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8906000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9327000 usd
CY2024Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
99671000 usd
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
111858000 usd
CY2024Q2 us-gaap Liabilities
Liabilities
233595000 usd
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2023Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2024Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent
CY2023Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent
CY2023Q4 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent
CY2024Q2 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent
CY2024Q2 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2023Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2024Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
23879000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
22765000 usd
CY2024Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
53087000 usd
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
49551000 usd
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
133924000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
144197000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
37410000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
36098000 usd
CY2024Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
52790000 usd
CY2023Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
65754000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
565000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
679000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
256055000 usd
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
80000000 shares
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
80000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
47468475 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
47468475 shares
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
474000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
470000 usd
CY2024Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
183817000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
178473000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-132829000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-125203000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
51462000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
53740000 usd
CY2024Q2 us-gaap Minority Interest
MinorityInterest
5358000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
6961000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56820000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
60701000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
290415000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
316756000 usd
CY2023Q3 us-gaap Revenues
Revenues
69811000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
53144000 usd
CY2024Q2 us-gaap Gross Profit
GrossProfit
17114000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
16667000 usd
CY2024Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3382000 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2396000 usd
CY2024Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12332000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
17820000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3549000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
2482000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
2950000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6499000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-6524000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2066000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8590000 usd
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47394969 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44743269 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44743269 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47246744 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47246744 shares
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
57472000 usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
9457000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1967000 usd
CY2023Q3 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
508000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-6524000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
62882000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
59401000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2016000 usd
CY2024Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
323000 usd
CY2024Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3965000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
-955000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56820000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
53977000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
12153000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2919000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3820000 usd
skyt Noncontrolling Interest Increase From Subsidiary Equity Issuance Net Of Adjustments
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuanceNetOfAdjustments
478000 usd
us-gaap Profit Loss
ProfitLoss
-10090000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
62882000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
60701000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1260000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4088000 usd
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
323000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3965000 usd
us-gaap Profit Loss
ProfitLoss
-5587000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56820000 usd
us-gaap Profit Loss
ProfitLoss
-5587000 usd
us-gaap Profit Loss
ProfitLoss
-10090000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9129000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14559000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
78000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
880000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
876000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
4088000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
3820000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-115000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-37000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
203000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
3602000 usd
skyt Increase Decrease In Accounts Receivable And Contract Assets
IncreaseDecreaseInAccountsReceivableAndContractAssets
-24775000 usd
skyt Increase Decrease In Accounts Receivable And Contract Assets
IncreaseDecreaseInAccountsReceivableAndContractAssets
17425000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-727000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2627000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
560000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
606000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-18529000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1771000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-9427000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-8371000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-83000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
62000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5423000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18008000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1155000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
612000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
23000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2086000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2608000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3218000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3220000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
168500000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
121350000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
163900000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
123810000 usd
skyt Proceeds From Issuance Of Tool Financing
ProceedsFromIssuanceOfToolFinancing
920000 usd
skyt Proceeds From Issuance Of Tool Financing
ProceedsFromIssuanceOfToolFinancing
496000 usd
skyt Repayments Of Tool Financing
RepaymentsOfToolFinancing
920000 usd
skyt Repayments Of Tool Financing
RepaymentsOfToolFinancing
0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
2047000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
791000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
396000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
456000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
1260000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
1276000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
12144000 usd
skyt Payments Of Intangible Asset Obligations
PaymentsOfIntangibleAssetObligations
2000000 usd
skyt Payments Of Intangible Asset Obligations
PaymentsOfIntangibleAssetObligations
2350000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
323000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3965000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
478000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2225000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7381000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-20000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13847000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18382000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30025000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18362000 usd
us-gaap Interest Paid Net
InterestPaidNet
3416000 usd
us-gaap Interest Paid Net
InterestPaidNet
3825000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
112000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4042000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
1000 usd
skyt Intangible Assets Incurred But Not Yet Paid
IntangibleAssetsIncurredButNotYetPaid
706000 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:36pt"><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, “SkyWater,” the “Company,” “it,” or “its”), is a U.S.-based, independent, pure-play technology foundry that offers advanced semiconductor development and manufacturing services from its fabrication facility, or fab, in Minnesota and advanced packaging services from its Florida facility. SkyWater’s technology-as-a-service model leverages a foundation of proprietary technology to co-develop process technology intellectual property with its customers that enables disruptive concepts through its Advanced Technology Services (“ATS”) for diverse microelectronics (integrated circuits (“ICs”)) and related micro and nanotechnology applications. In addition to these differentiated technology development services, SkyWater supports customers with volume production of ICs for high-growth markets through its Wafer Services.</span></div><div style="margin-top:6pt;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%">SkyWater is an emerging growth company, as defined in the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”).</span></div>
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-1897000 usd
us-gaap Net Income Loss
NetIncomeLoss
-7626000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8590000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18362000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18382000 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:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the interim 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 as of the date of the interim condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods then ended. 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>
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-1897000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8590000 usd
us-gaap Net Income Loss
NetIncomeLoss
-7626000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47395000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47395000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44743000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44743000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47247000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44280000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2024Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1167000 usd
CY2024Q2 us-gaap Revenues
Revenues
93329000 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1167000 usd
CY2023Q3 us-gaap Revenues
Revenues
69811000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2334000 usd
us-gaap Revenues
Revenues
172965000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2334000 usd
us-gaap Revenues
Revenues
135905000 usd
CY2024Q2 us-gaap Revenues
Revenues
93329000 usd
us-gaap Revenues
Revenues
135905000 usd
CY2024Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
0 usd
CY2023Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
-32000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
172000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
715000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
18467000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
29666000 usd
CY2024Q2 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
49000 usd
CY2023Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
99000 usd
CY2024Q2 skyt Contract With Customer Expected Loss Liability
ContractWithCustomerExpectedLossLiability
6292000 usd
CY2023Q4 skyt Contract With Customer Expected Loss Liability
ContractWithCustomerExpectedLossLiability
0 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
48809000 usd
CY2024Q2 us-gaap Deferred Income Current
DeferredIncomeCurrent
4278000 usd
CY2024Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
53087000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
44883000 usd
CY2023Q4 us-gaap Deferred Income Current
DeferredIncomeCurrent
4668000 usd
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
49551000 usd
CY2024Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
52790000 usd
CY2024Q2 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
0 usd
CY2024Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
52790000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
63810000 usd
CY2023Q4 us-gaap Deferred Income Noncurrent
DeferredIncomeNoncurrent
1944000 usd
CY2023Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
65754000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
101599000 usd
CY2024Q2 us-gaap Deferred Income
DeferredIncome
4278000 usd
CY2024Q2 us-gaap Deferred Revenue
DeferredRevenue
105877000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
108693000 usd
CY2023Q4 us-gaap Deferred Income
DeferredIncome
6612000 usd
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
115305000 usd
CY2024Q1 us-gaap Deferred Revenue
DeferredRevenue
114714000 usd
CY2023Q2 us-gaap Deferred Revenue
DeferredRevenue
90908000 usd
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
115305000 usd
CY2023Q1 us-gaap Deferred Revenue
DeferredRevenue
96153000 usd
CY2024Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
21960000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5541000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
34647000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11562000 usd
CY2024Q2 skyt Contract With Customer Liability Payments Received Excluding Revenue Recognized
ContractWithCustomerLiabilityPaymentsReceivedExcludingRevenueRecognized
13123000 usd
CY2023Q3 skyt Contract With Customer Liability Payments Received Excluding Revenue Recognized
ContractWithCustomerLiabilityPaymentsReceivedExcludingRevenueRecognized
2415000 usd
skyt Contract With Customer Liability Payments Received Excluding Revenue Recognized
ContractWithCustomerLiabilityPaymentsReceivedExcludingRevenueRecognized
25219000 usd
skyt Contract With Customer Liability Payments Received Excluding Revenue Recognized
ContractWithCustomerLiabilityPaymentsReceivedExcludingRevenueRecognized
3191000 usd
CY2024Q2 us-gaap Deferred Revenue
DeferredRevenue
105877000 usd
CY2023Q3 us-gaap Deferred Revenue
DeferredRevenue
87782000 usd
CY2023Q3 us-gaap Deferred Revenue
DeferredRevenue
87782000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
131695000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P6Y6M
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
96000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3908000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
180000 usd
CY2024Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
337000 usd
CY2023Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1521000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
253000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3623000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1220000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1220000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2024Q2 skyt Accounts Receivable Allowance For Credit Loss Writeoff Recovery Net
AccountsReceivableAllowanceForCreditLossWriteoffRecoveryNet
0 usd
CY2023Q3 skyt Accounts Receivable Allowance For Credit Loss Writeoff Recovery Net
AccountsReceivableAllowanceForCreditLossWriteoffRecoveryNet
1220000 usd
skyt Accounts Receivable Allowance For Credit Loss Writeoff Recovery Net
AccountsReceivableAllowanceForCreditLossWriteoffRecoveryNet
0 usd
skyt Accounts Receivable Allowance For Credit Loss Writeoff Recovery Net
AccountsReceivableAllowanceForCreditLossWriteoffRecoveryNet
1220000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
433000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4209000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
433000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4209000 usd
CY2024Q1 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
62000 usd
CY2023Q2 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
259000 usd
CY2023Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
99000 usd
CY2023Q1 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
0 usd
CY2024Q2 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
-13000 usd
CY2023Q3 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
-73000 usd
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
-50000 usd
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
-21000 usd
CY2024Q2 us-gaap Contract With Customer Asset Allowance For Credit Loss Writeoff
ContractWithCustomerAssetAllowanceForCreditLossWriteoff
0 usd
CY2023Q3 us-gaap Contract With Customer Asset Allowance For Credit Loss Writeoff
ContractWithCustomerAssetAllowanceForCreditLossWriteoff
0 usd
us-gaap Contract With Customer Asset Allowance For Credit Loss Writeoff
ContractWithCustomerAssetAllowanceForCreditLossWriteoff
0 usd
us-gaap Contract With Customer Asset Allowance For Credit Loss Writeoff
ContractWithCustomerAssetAllowanceForCreditLossWriteoff
0 usd
CY2024Q2 us-gaap Contract With Customer Asset Allowance For Credit Loss Recovery
ContractWithCustomerAssetAllowanceForCreditLossRecovery
0 usd
CY2023Q3 us-gaap Contract With Customer Asset Allowance For Credit Loss Recovery
ContractWithCustomerAssetAllowanceForCreditLossRecovery
0 usd
us-gaap Contract With Customer Asset Allowance For Credit Loss Recovery
ContractWithCustomerAssetAllowanceForCreditLossRecovery
0 usd
us-gaap Contract With Customer Asset Allowance For Credit Loss Recovery
ContractWithCustomerAssetAllowanceForCreditLossRecovery
0 usd
CY2024Q2 skyt Contract With Customer Asset Allowance For Credit Loss Write Off Recovery Net
ContractWithCustomerAssetAllowanceForCreditLossWriteOffRecoveryNet
0 usd
CY2023Q3 skyt Contract With Customer Asset Allowance For Credit Loss Write Off Recovery Net
ContractWithCustomerAssetAllowanceForCreditLossWriteOffRecoveryNet
0 usd
skyt Contract With Customer Asset Allowance For Credit Loss Write Off Recovery Net
ContractWithCustomerAssetAllowanceForCreditLossWriteOffRecoveryNet
0 usd
skyt Contract With Customer Asset Allowance For Credit Loss Write Off Recovery Net
ContractWithCustomerAssetAllowanceForCreditLossWriteOffRecoveryNet
0 usd
CY2024Q2 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
49000 usd
CY2023Q3 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
186000 usd
CY2024Q2 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
49000 usd
CY2023Q3 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
186000 usd
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4492000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4775000 usd
CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
16000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
19000 usd
CY2024Q2 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
10106000 usd
CY2023Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
10547000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
14614000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
15341000 usd
CY2024Q2 skyt Inventory Parts And Components Classified As Other Assets Net Of Reserves
InventoryPartsAndComponentsClassifiedAsOtherAssetsNetOfReserves
4004000 usd
CY2023Q4 skyt Inventory Parts And Components Classified As Other Assets Net Of Reserves
InventoryPartsAndComponentsClassifiedAsOtherAssetsNetOfReserves
3293000 usd
CY2024Q2 skyt Inventory And Other Asset Net
InventoryAndOtherAssetNet
18618000 usd
CY2023Q4 skyt Inventory And Other Asset Net
InventoryAndOtherAssetNet
18634000 usd
CY2024Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3864000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2663000 usd
CY2024Q2 skyt Equipment Purchased For Customers Current
EquipmentPurchasedForCustomersCurrent
11781000 usd
CY2023Q4 skyt Equipment Purchased For Customers Current
EquipmentPurchasedForCustomersCurrent
12737000 usd
CY2024Q2 us-gaap Deferred Costs Current
DeferredCostsCurrent
1087000 usd
CY2023Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
1453000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16732000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16853000 usd
CY2024Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
156926000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
159367000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
10805000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
13332000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
1947000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
3976000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
3704000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
6700000 usd
us-gaap Depreciation
Depreciation
8394000 usd
us-gaap Depreciation
Depreciation
13556000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6798000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5672000 usd
CY2024Q2 skyt Inventory Parts And Components Classified As Other Assets Net Of Reserves
InventoryPartsAndComponentsClassifiedAsOtherAssetsNetOfReserves
4004000 usd
CY2023Q4 skyt Inventory Parts And Components Classified As Other Assets Net Of Reserves
InventoryPartsAndComponentsClassifiedAsOtherAssetsNetOfReserves
3293000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
73000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
96000 usd
CY2024Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1947000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1953000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6024000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5342000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5462000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
10947000 usd
CY2024Q2 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
468000 usd
CY2023Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
488000 usd
CY2024Q2 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
3073000 usd
CY2023Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
3122000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
50000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
48000 usd
CY2024Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
621000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
645000 usd
CY2024Q2 skyt Accrued Inventory Current
AccruedInventoryCurrent
154000 usd
CY2023Q4 skyt Accrued Inventory Current
AccruedInventoryCurrent
1261000 usd
CY2024Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
0 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
9345000 usd
CY2024Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
0 usd
CY2023Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1319000 usd
CY2024Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1949000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
824000 usd
CY2024Q2 skyt Accrued Vendor Purchase Commitments Current
AccruedVendorPurchaseCommitmentsCurrent
13959000 usd
CY2023Q4 skyt Accrued Vendor Purchase Commitments Current
AccruedVendorPurchaseCommitmentsCurrent
10457000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7262000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9835000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
32998000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
48291000 usd
CY2023 us-gaap Restructuring Costs
RestructuringCosts
1921000 usd
CY2023 us-gaap Payments For Restructuring
PaymentsForRestructuring
602000 usd
CY2024Q2 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
1623000 usd
CY2023Q3 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
-15000 usd
us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
1125000 usd
us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
-9000 usd
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
8880000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
9275000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
52000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8906000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9327000 usd
CY2024Q2 us-gaap Accumulated Amortization Of Current Deferred Finance Costs
AccumulatedAmortizationOfCurrentDeferredFinanceCosts
2138000 usd
CY2023Q4 us-gaap Accumulated Amortization Of Current Deferred Finance Costs
AccumulatedAmortizationOfCurrentDeferredFinanceCosts
2851000 usd
CY2024Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
23879000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
22765000 usd
CY2024Q2 us-gaap Accumulated Amortization Of Noncurrent Deferred Finance Costs
AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts
2320000 usd
CY2023Q4 us-gaap Accumulated Amortization Of Noncurrent Deferred Finance Costs
AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts
2490000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
42394000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
40074000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
4984000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3976000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
37410000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
36098000 usd
CY2024Q2 skyt Long Term Debt Gross Maturity Remainder Of Fiscal Year
LongTermDebtGrossMaturityRemainderOfFiscalYear
2435000 usd
CY2024Q2 skyt Long Term Debt Gross Maturity Year One
LongTermDebtGrossMaturityYearOne
5222000 usd
CY2024Q2 skyt Long Term Debt Gross Maturity Year Two
LongTermDebtGrossMaturityYearTwo
4701000 usd
CY2024Q2 skyt Long Term Debt Gross Maturity Year Three
LongTermDebtGrossMaturityYearThree
1219000 usd
CY2024Q2 skyt Long Term Debt Gross Maturity Year Four
LongTermDebtGrossMaturityYearFour
1259000 usd
CY2024Q2 skyt Long Term Debt Gross Maturity After Year Four
LongTermDebtGrossMaturityAfterYearFour
29878000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
44714000 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024Q2 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
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.117
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.004
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.015
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.002
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
26396000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
26111000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2024Q2 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2023Q3 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 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
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2016000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1967000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4088000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3820000 usd
CY2024Q2 us-gaap Contractual Obligation
ContractualObligation
7589000 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
7910000 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
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001819974-24-000028-index-headers.html Edgar Link pending
0001819974-24-000028-index.html Edgar Link pending
0001819974-24-000028.txt Edgar Link pending
0001819974-24-000028-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
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
skyt-20240630.htm Edgar Link pending
skyt-20240630.xsd Edgar Link pending
skyt-20240630xex311.htm Edgar Link pending
skyt-20240630xex312.htm Edgar Link pending
skyt-20240630xex321.htm Edgar Link pending
skyt-20240630xex322.htm Edgar Link pending
skyt-20240630_g1.jpg Edgar Link pending
skyt-20240630_cal.xml Edgar Link unprocessable
skyt-20240630_def.xml Edgar Link unprocessable
skyt-20240630_lab.xml Edgar Link unprocessable
skyt-20240630_pre.xml Edgar Link unprocessable
skyt-20240630_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable