2023 Q4 Form 10-Q Financial Statement

#000116944523000020 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $85.87M $82.71M
YoY Change 3.18% -0.14%
Cost Of Revenue $43.70M $43.86M
YoY Change -5.16% -2.11%
Gross Profit $42.17M $38.85M
YoY Change 13.51% 2.19%
Gross Profit Margin 49.11% 46.97%
Selling, General & Admin $27.83M $27.78M
YoY Change 33.07% 33.77%
% of Gross Profit 65.98% 71.51%
Research & Development $10.35M $9.778M
YoY Change 16.39% 25.01%
% of Gross Profit 24.53% 25.17%
Depreciation & Amortization $7.528M $297.0K
YoY Change 20.64% -52.25%
% of Gross Profit 17.85% 0.76%
Operating Expenses $45.70M $37.56M
YoY Change 33.29% 13.55%
Operating Profit -$3.526M -$5.213M
YoY Change -223.03% -205.46%
Interest Expense -$4.116M $3.071M
YoY Change 80.84% 73.4%
% of Operating Profit
Other Income/Expense, Net $176.0K -$2.847M
YoY Change -33.33% 42.0%
Pretax Income -$45.72M -$8.060M
YoY Change -2602.52% -374.34%
Income Tax -$3.247M -$4.498M
% Of Pretax Income
Net Earnings -$41.52M -$3.562M
YoY Change -1782.89% -264.83%
Net Earnings / Revenue -48.35% -4.31%
Basic Earnings Per Share -$0.24
Diluted Earnings Per Share -$2.92 -$0.24
COMMON SHARES
Basic Shares Outstanding 14.55M shares 14.55M shares
Diluted Shares Outstanding 14.21M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.848M $1.500M
YoY Change -44.64% -90.36%
Cash & Equivalents $3.848M $1.473M
Short-Term Investments
Other Short-Term Assets $43.41M $13.10M
YoY Change 293.26% 1.99%
Inventory $475.0K $941.0K
Prepaid Expenses
Receivables $59.72M $59.02M
Other Receivables $3.997M $4.300M
Total Short-Term Assets $111.5M $78.80M
YoY Change 49.49% -2.49%
LONG-TERM ASSETS
Property, Plant & Equipment $8.974M $8.707M
YoY Change -9.21% -15.47%
Goodwill $171.9M $198.3M
YoY Change -13.29% -0.17%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.314M $7.330M
YoY Change -10.05% 30.17%
Total Long-Term Assets $323.0M $350.7M
YoY Change -9.38% -1.81%
TOTAL ASSETS
Total Short-Term Assets $111.5M $78.80M
Total Long-Term Assets $323.0M $350.7M
Total Assets $434.4M $429.5M
YoY Change 0.8% -1.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.13M $13.37M
YoY Change 44.04% 78.81%
Accrued Expenses $24.26M $29.20M
YoY Change 6.92% 38.9%
Deferred Revenue $8.677M
YoY Change -25.13%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.141M $3.141M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $48.23M $54.79M
YoY Change 8.49% 20.68%
LONG-TERM LIABILITIES
Long-Term Debt $195.3M $138.7M
YoY Change 43.17% 1.15%
Other Long-Term Liabilities $3.074M $3.400M
YoY Change -45.6% -44.15%
Total Long-Term Liabilities $195.3M $138.7M
YoY Change 43.17% 1.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $48.23M $54.79M
Total Long-Term Liabilities $195.3M $138.7M
Total Liabilities $247.8M $201.5M
YoY Change 24.37% -1.7%
SHAREHOLDERS EQUITY
Retained Earnings $8.132M $50.61M
YoY Change -84.92% -1.55%
Common Stock $195.6M $194.5M
YoY Change 1.7% 1.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.08M
YoY Change 57.75%
Treasury Stock Shares
Shareholders Equity $186.6M $228.0M
YoY Change
Total Liabilities & Shareholders Equity $434.4M $429.5M
YoY Change 0.8% -1.93%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$41.52M -$3.562M
YoY Change -1782.89% -264.83%
Depreciation, Depletion And Amortization $7.528M $297.0K
YoY Change 20.64% -52.25%
Cash From Operating Activities -$12.26M $3.130M
YoY Change -666.59% -71.82%
INVESTING ACTIVITIES
Capital Expenditures $5.095M $6.090M
YoY Change 9.83% -203.2%
Acquisitions
YoY Change
Other Investing Activities -$36.71M $0.00
YoY Change -11155.72% -100.0%
Cash From Investing Activities -$41.80M -$6.090M
YoY Change 870.51% 5.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 56.43M -2.800M
YoY Change -972.96% -42.55%
NET CHANGE
Cash From Operating Activities -12.26M 3.130M
Cash From Investing Activities -41.80M -6.090M
Cash From Financing Activities 56.43M -2.800M
Net Change In Cash 2.367M -5.760M
YoY Change -127.5% -1377.16%
FREE CASH FLOW
Cash From Operating Activities -$12.26M $3.130M
Capital Expenditures $5.095M $6.090M
Free Cash Flow -$17.36M -$2.960M
YoY Change 601.25% -117.4%

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us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
726000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1462000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
0 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6656000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1239000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1017000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3644000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13319000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30211000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
43696000 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
17981000 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
14594000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
332000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
134000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18313000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-58424000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
575000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2625000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2687000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
48000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2575000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8248000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-484000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
32340000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-5478000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
4127000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6951000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11431000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1473000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15558000 usd
us-gaap Interest Paid Net
InterestPaidNet
6217000 usd
us-gaap Interest Paid Net
InterestPaidNet
3677000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1796000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2656000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7987000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13163000 usd
CY2022Q3 cpsi Amortization Of Acquisition Related Intangibles
AmortizationOfAcquisitionRelatedIntangibles
0 usd
CY2022Q3 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
5510000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
622000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22897000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
40315000 usd
cpsi Amortization Of Acquisition Related Intangibles
AmortizationOfAcquisitionRelatedIntangibles
0 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
15200000 usd
us-gaap Depreciation
Depreciation
1890000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
11590000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
11529000 usd
cpsi Contractwith Customer Liability Period Increase Decrease
ContractwithCustomerLiabilityPeriodIncreaseDecrease
13417000 usd
cpsi Contractwith Customer Liability Period Increase Decrease
ContractwithCustomerLiabilityPeriodIncreaseDecrease
19474000 usd
cpsi Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
16201000 usd
cpsi Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
18748000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8806000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
12255000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
11577000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
7312000 usd
cpsi Costs To Obtain And Fulfill Contracts Capitalized
CostsToObtainAndFulfillContractsCapitalized
5221000 usd
cpsi Costs To Obtain And Fulfill Contracts Capitalized
CostsToObtainAndFulfillContractsCapitalized
7460000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
4214000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
5440000 usd
CY2023Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
12584000 usd
CY2022Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
9332000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21361000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21205000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12654000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11321000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8707000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9884000 usd
CY2023Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
49770000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
31789000 usd
CY2023Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
10038000 usd
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
4532000 usd
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
39732000 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
27257000 usd
CY2023Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
7253000 usd
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
8430000 usd
CY2023Q3 cpsi Accrued Severance Current
AccruedSeveranceCurrent
7783000 usd
CY2022Q4 cpsi Accrued Severance Current
AccruedSeveranceCurrent
2504000 usd
CY2023Q3 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
740000 usd
CY2022Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
1280000 usd
CY2023Q3 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
0 usd
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
1358000 usd
CY2023Q3 us-gaap Interest Payable Current
InterestPayableCurrent
1919000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
0 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1880000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2063000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3546000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
840000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
23121000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16475000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-3562000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
2161000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3315000 usd
us-gaap Net Income Loss
NetIncomeLoss
13350000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-82000 usd
CY2022Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
42000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-73000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
261000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3480000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2119000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3242000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13089000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14205000 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14365000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14181000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14405000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14205000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14365000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14181000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14405000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
cpsi Share Based Compensation Arrangement By Share Based Payment Award Aggregate Target
ShareBasedCompensationArrangementByShareBasedPaymentAwardAggregateTarget
273791 shares
CY2023Q3 cpsi Share Based Compensation Arrangement By Share Based Payment Award Aggregate Target
ShareBasedCompensationArrangementByShareBasedPaymentAwardAggregateTarget
273791 shares
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.558
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.264
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.242
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.617
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.179
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.265
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.123
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.017
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.113
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.013
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1038000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1864000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2162000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5284000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
228000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
410000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
476000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1162000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
810000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1454000 usd
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1686000 usd
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4122000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
7600000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2020Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
30000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
49789 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
212299 shares
CY2023Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
16500000 usd
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
39716 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
52905 shares
CY2019 cpsi Percentage Of Acute Care Ehr Installations Performed In A Saa S Model
PercentageOfAcuteCareEHRInstallationsPerformedInASaaSModel
0.49
CY2018 cpsi Percentage Of Acute Care Ehr Installations Performed In A Saa S Model
PercentageOfAcuteCareEHRInstallationsPerformedInASaaSModel
0.12
CY2020 cpsi Percentage Of Acute Care Ehr Installations Performed In A Saa S Model
PercentageOfAcuteCareEHRInstallationsPerformedInASaaSModel
0.68
CY2021 cpsi Percentage Of Acute Care Ehr Installations Performed In A Saa S Model
PercentageOfAcuteCareEHRInstallationsPerformedInASaaSModel
0.63
CY2022 cpsi Percentage Of Acute Care Ehr Installations Performed In A Saa S Model
PercentageOfAcuteCareEHRInstallationsPerformedInASaaSModel
1
cpsi Percentage Of Acute Care Ehr Installations Performed In A Saa S Model
PercentageOfAcuteCareEHRInstallationsPerformedInASaaSModel
1
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
549000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-109000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
440000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
722000 usd
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-211000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
38000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
549000 usd
CY2023Q3 cpsi Financing Receivable Credit Quality Loans With Contractual Maturities Of One Year Or Less
FinancingReceivableCreditQualityLoansWithContractualMaturitiesOfOneYearOrLess
1107000 usd
CY2022Q4 cpsi Financing Receivable Credit Quality Loans With Contractual Maturities Of One Year Or Less
FinancingReceivableCreditQualityLoansWithContractualMaturitiesOfOneYearOrLess
330000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
440000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
549000 usd
CY2023Q3 us-gaap Notes Receivable Net
NotesReceivableNet
5866000 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
7786000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
186690000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
96734000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
89956000 usd
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P9Y6M
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
162490000 usd
CY2022 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
24200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
84690000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
102000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4014000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
14523000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14208000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
12919000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9047000 usd
CY2023Q3 cpsi Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
35245000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
89956000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
198253000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q3 us-gaap Goodwill
Goodwill
198253000 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
143166000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
141075000 usd
CY2023Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1277000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1546000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
141889000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
139529000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3141000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3141000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
138748000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
136388000 usd
CY2023Q2 cpsi Operating Lease Termination Square Footage
OperatingLeaseTerminationSquareFootage
12500 sqft
CY2023Q2 cpsi Operating Lease Termination Fee
OperatingLeaseTerminationFee
1100000 usd
CY2023Q2 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-100000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5138000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7567000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1880000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2063000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3421000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5651000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
5301000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7714000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.042
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
476000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1804000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1063000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1025000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
706000 usd
CY2023Q3 cpsi Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
693000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5767000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
466000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
5301000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1500000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1600000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1500000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1600000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2283000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4014000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4486000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12043000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
82712000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
82827000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
253567000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
243424000 usd
CY2023Q3 cpsi Adjusted Income Loss From Before Interest Taxes Depreciation And Amortization
AdjustedIncomeLossFromBeforeInterestTaxesDepreciationAndAmortization
9722000 usd
CY2022Q3 cpsi Adjusted Income Loss From Before Interest Taxes Depreciation And Amortization
AdjustedIncomeLossFromBeforeInterestTaxesDepreciationAndAmortization
13349000 usd
cpsi Adjusted Income Loss From Before Interest Taxes Depreciation And Amortization
AdjustedIncomeLossFromBeforeInterestTaxesDepreciationAndAmortization
35593000 usd
cpsi Adjusted Income Loss From Before Interest Taxes Depreciation And Amortization
AdjustedIncomeLossFromBeforeInterestTaxesDepreciationAndAmortization
42671000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-3562000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
2161000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3315000 usd
us-gaap Net Income Loss
NetIncomeLoss
13350000 usd
CY2023Q3 cpsi Contract With Customer Liability And Acquisition Related Adjustments
ContractWithCustomerLiabilityAndAcquisitionRelatedAdjustments
0 usd
CY2022Q3 cpsi Contract With Customer Liability And Acquisition Related Adjustments
ContractWithCustomerLiabilityAndAcquisitionRelatedAdjustments
0 usd
cpsi Contract With Customer Liability And Acquisition Related Adjustments
ContractWithCustomerLiabilityAndAcquisitionRelatedAdjustments
0 usd
cpsi Contract With Customer Liability And Acquisition Related Adjustments
ContractWithCustomerLiabilityAndAcquisitionRelatedAdjustments
109000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
297000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
622000 usd
us-gaap Depreciation
Depreciation
1392000 usd
us-gaap Depreciation
Depreciation
1890000 usd
CY2023Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2194000 usd
CY2022Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1024000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
5506000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12917000 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1038000 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1864000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2162000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5284000 usd
CY2023Q3 us-gaap Severance Costs1
SeveranceCosts1
7392000 usd
CY2022Q3 us-gaap Severance Costs1
SeveranceCosts1
410000 usd
us-gaap Severance Costs1
SeveranceCosts1
15313000 usd
us-gaap Severance Costs1
SeveranceCosts1
1671000 usd
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-2847000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1416000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-7836000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3255000 usd
CY2023Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2022Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
589000 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
-992000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4498000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
777000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5344000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2904000 usd
CY2023Q3 cpsi Adjusted Income Loss From Before Interest Taxes Depreciation And Amortization
AdjustedIncomeLossFromBeforeInterestTaxesDepreciationAndAmortization
9722000 usd
CY2022Q3 cpsi Adjusted Income Loss From Before Interest Taxes Depreciation And Amortization
AdjustedIncomeLossFromBeforeInterestTaxesDepreciationAndAmortization
13349000 usd
cpsi Adjusted Income Loss From Before Interest Taxes Depreciation And Amortization
AdjustedIncomeLossFromBeforeInterestTaxesDepreciationAndAmortization
35593000 usd
cpsi Adjusted Income Loss From Before Interest Taxes Depreciation And Amortization
AdjustedIncomeLossFromBeforeInterestTaxesDepreciationAndAmortization
42671000 usd
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
cpsi-20230930_cal.xml Edgar Link unprocessable
0001169445-23-000020-index-headers.html Edgar Link pending
0001169445-23-000020-index.html Edgar Link pending
0001169445-23-000020.txt Edgar Link pending
0001169445-23-000020-xbrl.zip Edgar Link pending
cpsi-20230930.htm Edgar Link pending
cpsi-20230930.xsd Edgar Link pending
cpsi-ex101_09302023.htm Edgar Link pending
cpsi-ex311_09302023.htm Edgar Link pending
cpsi-ex312_09302023.htm Edgar Link pending
cpsi-ex321_09302023.htm Edgar Link pending
cpsi-20230930_def.xml Edgar Link unprocessable
cpsi-20230930_lab.xml Edgar Link unprocessable
cpsi-20230930_pre.xml Edgar Link unprocessable
cpsi-20230930_htm.xml Edgar Link completed
Financial_Report.xlsx Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable