2022 Q3 Form 10-Q Financial Statement
#000155837022011459 Filed on August 01, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $65.26M | $59.65M | $47.98M |
YoY Change | 24.32% | 16.81% | 12.17% |
Cost Of Revenue | $18.47M | $16.42M | $14.12M |
YoY Change | 18.93% | 10.55% | 12.55% |
Gross Profit | $46.79M | $43.22M | $33.86M |
YoY Change | 26.58% | 19.38% | 12.01% |
Gross Profit Margin | 71.7% | 72.47% | 70.58% |
Selling, General & Admin | $42.84M | $43.72M | $40.15M |
YoY Change | 16.63% | 24.81% | 21.68% |
% of Gross Profit | 91.55% | 101.14% | 118.56% |
Research & Development | $1.581M | $1.849M | $1.520M |
YoY Change | 12.21% | 53.32% | 19.69% |
% of Gross Profit | 3.38% | 4.28% | 4.49% |
Depreciation & Amortization | $1.655M | $1.508M | $1.507M |
YoY Change | 91.77% | 136.73% | 131.13% |
% of Gross Profit | 3.54% | 3.49% | 4.45% |
Operating Expenses | $48.41M | $47.31M | $48.76M |
YoY Change | 26.29% | 30.4% | 42.11% |
Operating Profit | -$1.620M | -$4.087M | -$14.90M |
YoY Change | 18.51% | 5277.63% | 264.86% |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$736.0K | -$573.0K | -$456.0K |
YoY Change | 513.33% | 2287.5% | 4460.0% |
Pretax Income | -$2.356M | -$4.660M | -$15.36M |
YoY Change | 58.44% | 4560.0% | 275.11% |
Income Tax | -$77.00K | -$20.00K | $200.0K |
% Of Pretax Income | |||
Net Earnings | -$2.279M | -$4.640M | -$15.57M |
YoY Change | -32.07% | -455.56% | 587.03% |
Net Earnings / Revenue | -3.49% | -7.78% | -32.45% |
Basic Earnings Per Share | -$0.11 | -$0.23 | -$0.78 |
Diluted Earnings Per Share | -$0.11 | -$0.23 | -$0.78 |
COMMON SHARES | |||
Basic Shares Outstanding | 20.13M | 20.02M | 19.90M |
Diluted Shares Outstanding | 20.14M | 20.02M | 19.90M |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $38.48M | $36.70M | $33.46M |
YoY Change | 71.77% | -25.12% | -28.7% |
Cash & Equivalents | $23.43M | $23.35M | $21.15M |
Short-Term Investments | $15.05M | $13.35M | $12.31M |
Other Short-Term Assets | $3.484M | $1.446M | $4.374M |
YoY Change | -5.86% | -30.88% | 98.82% |
Inventory | $23.02M | $19.97M | $19.48M |
Prepaid Expenses | |||
Receivables | $51.81M | $49.16M | $45.93M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $116.8M | $107.3M | $103.2M |
YoY Change | 9.59% | -15.28% | -15.72% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.677M | $5.978M | $6.330M |
YoY Change | 3.39% | -6.58% | -6.17% |
Goodwill | $31.06M | $31.06M | $31.06M |
YoY Change | 0.0% | ||
Intangibles | $51.31M | $52.25M | $53.17M |
YoY Change | -4.1% | 2970.15% | 3059.18% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.004M | $2.768M | $2.321M |
YoY Change | 44.28% | 30.69% | 14.33% |
Total Long-Term Assets | $131.7M | $130.0M | $129.8M |
YoY Change | -7.77% | 136.38% | 145.89% |
TOTAL ASSETS | |||
Total Short-Term Assets | $116.8M | $107.3M | $103.2M |
Total Long-Term Assets | $131.7M | $130.0M | $129.8M |
Total Assets | $248.5M | $237.3M | $233.0M |
YoY Change | -0.35% | 30.65% | 32.94% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $11.17M | $9.110M | $6.200M |
YoY Change | 80.41% | 80.04% | -33.7% |
Accrued Expenses | $6.953M | $5.258M | $5.673M |
YoY Change | 29.96% | 31.12% | 75.8% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $2.968M | $2.968M | $2.964M |
YoY Change | 34.3% | ||
Total Short-Term Liabilities | $55.66M | $46.55M | $40.27M |
YoY Change | 77.78% | 74.7% | 43.91% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $46.63M | $47.35M | $48.08M |
YoY Change | -11.22% | ||
Other Long-Term Liabilities | $31.79M | $29.16M | $29.54M |
YoY Change | -4.99% | 30.93% | 33.05% |
Total Long-Term Liabilities | $78.47M | $76.64M | $77.76M |
YoY Change | -8.74% | 244.1% | 250.76% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $55.66M | $46.55M | $40.27M |
Total Long-Term Liabilities | $78.47M | $76.64M | $77.76M |
Total Liabilities | $134.1M | $123.2M | $118.0M |
YoY Change | 14.36% | 151.83% | 135.34% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$14.24M | -$11.96M | -$7.323M |
YoY Change | -190.48% | -162.65% | -141.16% |
Common Stock | $20.00K | $20.00K | $20.00K |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $114.4M | $114.1M | $115.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $248.5M | $237.3M | $233.0M |
YoY Change | -0.35% | 30.65% | 32.94% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.279M | -$4.640M | -$15.57M |
YoY Change | -32.07% | -455.56% | 587.03% |
Depreciation, Depletion And Amortization | $1.655M | $1.508M | $1.507M |
YoY Change | 91.77% | 136.73% | 131.13% |
Cash From Operating Activities | $2.254M | $2.306M | -$3.206M |
YoY Change | -313.04% | -306.45% | 300.75% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.428M | -$241.0K | $131.0K |
YoY Change | 114.74% | -44.34% | -47.39% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$1.428M | -$241.0K | -$175.0K |
YoY Change | -98.23% | -44.34% | -43.73% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -750.0K | 135.0K | -3.698M |
YoY Change | -101.36% | -96.28% | -2143.09% |
NET CHANGE | |||
Cash From Operating Activities | 2.254M | 2.306M | -3.206M |
Cash From Investing Activities | -1.428M | -241.0K | -175.0K |
Cash From Financing Activities | -750.0K | 135.0K | -3.698M |
Net Change In Cash | 76.00K | 2.200M | -7.079M |
YoY Change | -100.29% | 5.67% | 661.18% |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.254M | $2.306M | -$3.206M |
Capital Expenditures | -$1.428M | -$241.0K | $131.0K |
Free Cash Flow | $3.682M | $2.547M | -$3.337M |
YoY Change | -1036.9% | -472.37% | 218.11% |
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us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-20017000 | ||
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4087000 | |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-76000 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4194000 | ||
tcmd |
Amortization Of Intangible Assets And Earn Outs
AmortizationOfIntangibleAssetsAndEarnOuts
|
8841000 | ||
tcmd |
Amortization Of Intangible Assets And Earn Outs
AmortizationOfIntangibleAssetsAndEarnOuts
|
98000 | ||
CY2022Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
47310000 | |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
119962000 | |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-11963000 | |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
8245000 | |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
237303000 | |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
244270000 | |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
59645000 | |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
51060000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
107623000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
93832000 | ||
CY2022Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
16422000 | |
CY2021Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
14855000 | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
30538000 | ||
us-gaap |
Cost Of Revenue
CostOfRevenue
|
27397000 | ||
CY2022Q2 | us-gaap |
Gross Profit
GrossProfit
|
43223000 | |
CY2021Q2 | us-gaap |
Gross Profit
GrossProfit
|
36205000 | |
us-gaap |
Gross Profit
GrossProfit
|
77085000 | ||
us-gaap |
Gross Profit
GrossProfit
|
66435000 | ||
CY2022Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
28822000 | |
CY2021Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
20933000 | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
52752000 | ||
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
39718000 | ||
CY2022Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1849000 | |
CY2021Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1206000 | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3369000 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2476000 | ||
CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
14894000 | |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
14094000 | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
31111000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
28303000 | ||
CY2022Q2 | tcmd |
Amortization Of Intangible Assets And Earn Outs
AmortizationOfIntangibleAssetsAndEarnOuts
|
1745000 | |
CY2021Q2 | tcmd |
Amortization Of Intangible Assets And Earn Outs
AmortizationOfIntangibleAssetsAndEarnOuts
|
48000 | |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-24000 | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1029000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-34000 | ||
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4660000 | |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-100000 | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4640000 | |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1305000 | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-20000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-20208000 | ||
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1405000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
191000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3233000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-20208000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-961000 | ||
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.23 | |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.07 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-1.01 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.05 | ||
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.23 | |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.07 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-1.01 | ||
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.05 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20024798 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19691156 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19961999 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19618759 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20024798 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20047277 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19961999 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19618759 | ||
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
114978000 | |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
2892000 | |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
62000 | |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
824000 | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4640000 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
114116000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
128227000 | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
5121000 | ||
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
152000 | ||
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
824000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-20208000 | ||
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
114116000 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
125122000 | |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
2658000 | |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2089000 | |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1542000 | |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1305000 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
132716000 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
124750000 | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
5115000 | ||
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3385000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
-1115000 | ||
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1542000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-961000 | ||
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
132716000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-961000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
753000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2590000 | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;background:#ffffff;margin:0pt 0pt 12pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Note 1. Nature of Business and Operations</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="font-family:'Arial','Helvetica','sans-serif';">Tactile Systems Technology, Inc. (“we,” “us,” and “our”) manufactures and distributes medical devices that help control symptoms of lymphedema, a chronic and progressive medical condition.</span> <span style="font-family:'Arial','Helvetica','sans-serif';">We provide our Flexitouch® and Entre™ systems through our direct sales force for use in the home and sell or rent them through vascular, wound and lymphedema clinics throughout the United States. </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="font-family:'Arial','Helvetica','sans-serif';">On September 8, 2021, we acquired the assets of the AffloVest airway clearance business (“AffloVest Acquisition”) from International Biophysics Corporation (“IBC”), a privately-held company which developed and manufactures AffloVest. AffloVest is a portable, wearable vest that treats patients with chronic respiratory conditions. We sell this device through home medical equipment and durable medical equipment (“DME”) providers throughout the United States. </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="font-family:'Arial','Helvetica','sans-serif';">We were originally incorporated in Minnesota under the name Tactile Systems Technology, Inc. on January 30, 1995. During 2006, we established a merger corporation and subsequently, on July 21, 2006, merged with and into this merger corporation, resulting in our reincorporation as a Delaware corporation. The resulting corporation assumed the name Tactile Systems Technology, Inc. In September 2013, we began doing business as “Tactile Medical”.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-bottom:12pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="font-family:'Arial','Helvetica','sans-serif';">Our business is affected by seasonality. In the first quarter of each year, when most patients have started a new insurance year and have not yet met their annual out-of-pocket payment obligations, we experience substantially reduced demand for our products. We typically experience higher revenue in the third and fourth quarters of the year when patients have met their annual insurance deductibles, thereby reducing their out-of-pocket costs for our products, and because patients desire to exhaust their flexible spending accounts at year end. This seasonality applies only to purchases and rentals of our products by patients covered by commercial insurance and is not relevant to Medicare, Medicaid or the Veterans Administration, as those payers either do not have plans that have declining deductibles over the course of the plan year and/or do not have plans that include patient deductibles for purchases or rentals of our products. </span><span style="font-family:'Arial','Helvetica','sans-serif';">Further, seasonality trends have been, and may continue to be, significantly different than historical trends as a result of the COVID-19 pandemic and related impacts</span><span style="font-family:'Arial','Helvetica','sans-serif';">.</span></p> | ||
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2488000 | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
55000 | ||
CY2022Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
12252000 | |
CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
10975000 | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1220000 | ||
tcmd |
Increase Decrease In Net Investment In Lease
IncreaseDecreaseInNetInvestmentInLease
|
864000 | ||
tcmd |
Increase Decrease In Net Investment In Lease
IncreaseDecreaseInNetInvestmentInLease
|
1033000 | ||
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
780000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1925000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-502000 | ||
tcmd |
Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
-106000 | ||
tcmd |
Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
-99000 | ||
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
2496000 | ||
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
2441000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4087000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
855000 | ||
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
5000 | ||
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-1285000 | ||
tcmd |
Increase Decrease In Other Accrued Liabilities And Income Taxes Payable
IncreaseDecreaseInOtherAccruedLiabilitiesAndIncomeTaxesPayable
|
1252000 | ||
tcmd |
Increase Decrease In Other Accrued Liabilities And Income Taxes Payable
IncreaseDecreaseInOtherAccruedLiabilitiesAndIncomeTaxesPayable
|
1676000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-900000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1917000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
331000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
603000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
85000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
140000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-416000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-743000 | ||
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
4500000 | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
39000 | ||
tcmd |
Payment Of Taxes For Net Share Settlement Of Restricted Stock Units
PaymentOfTaxesForNetShareSettlementOfRestrictedStockUnits
|
1115000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
152000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
3385000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
824000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1542000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3563000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3812000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-4879000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1152000 | ||
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28229000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
47855000 | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23350000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
49007000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
448000 | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
28000 | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1141000 | ||
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
8000 | ||
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
19970000 | |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
19217000 | |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
100000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1900000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
100000 | ||
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
45973000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3812000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
42161000 | |
CY2022Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
56066000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3812000 | |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
52254000 | |
CY2022Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4995000 | |
CY2021Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4869000 | |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
4818000 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:14pt 0pt 0pt 0pt;"><span style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:14pt 0pt 0pt 0pt;"><span style="color:#2b2c2b;font-family:'Arial','Helvetica','sans-serif';">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and to disclose contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></p> | ||
CY2021Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
5117000 | |
CY2021Q3 | tcmd |
Line Of Credit Threshold Contingent Increase In Borrowing Capacity
LineOfCreditThresholdContingentIncreaseInBorrowingCapacity
|
25000000.0 | |
CY2021Q3 | tcmd |
Credit Agreement Total Aggregate Principal Amount
CreditAgreementTotalAggregatePrincipalAmount
|
80000000.0 | |
CY2021Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
25000000.0 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
45916000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1900000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
44016000 | |
CY2021Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
55981000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1900000 | |
CY2021Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
54081000 | |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1000000.0 | |
CY2021Q3 | tcmd |
Goodwill Amortization Period For Tax Purposes
GoodwillAmortizationPeriodForTaxPurposes
|
P15Y | |
CY2021Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
53500000 | |
CY2021Q3 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P12Y3M18D | |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
22628000 | |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
23984000 | |
CY2022Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
7718000 | |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
8242000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1913000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
3795000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
3773000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
3683000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
3619000 | |
CY2022Q2 | tcmd |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
25378000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
42161000 | |
CY2022Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
2027000 | |
CY2021Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
1851000 | |
CY2022Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
714000 | |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
661000 | |
CY2022Q2 | tcmd |
Accrued Travel And Entertainment Current
AccruedTravelAndEntertainmentCurrent
|
611000 | |
CY2021Q4 | tcmd |
Accrued Travel And Entertainment Current
AccruedTravelAndEntertainmentCurrent
|
1371000 | |
CY2022Q2 | tcmd |
In Transit Inventory Accrued Expense
InTransitInventoryAccruedExpense
|
554000 | |
CY2021Q4 | tcmd |
In Transit Inventory Accrued Expense
InTransitInventoryAccruedExpense
|
416000 | |
CY2022Q2 | tcmd |
Accrued Clinical Studies Expenses Current
AccruedClinicalStudiesExpensesCurrent
|
161000 | |
CY2021Q4 | tcmd |
Accrued Clinical Studies Expenses Current
AccruedClinicalStudiesExpensesCurrent
|
113000 | |
CY2022Q2 | tcmd |
Accrued Sales And Use Tax
AccruedSalesAndUseTax
|
115000 | |
CY2021Q4 | tcmd |
Accrued Sales And Use Tax
AccruedSalesAndUseTax
|
106000 | |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1076000 | |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
744000 | |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5258000 | |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5262000 | |
CY2021Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4959000 | |
CY2020Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4841000 | |
CY2022Q2 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
354000 | |
CY2021Q2 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
844000 | |
us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
997000 | ||
us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
1456000 | ||
CY2022Q2 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
531000 | |
CY2021Q2 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
596000 | |
us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
1138000 | ||
us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
1180000 | ||
CY2022Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4818000 | |
CY2021Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
5117000 | |
CY2022Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4818000 | |
CY2021Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
5117000 | |
CY2022Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
2027000 | |
CY2021Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
1667000 | |
CY2022Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
2027000 | |
CY2021Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
1667000 | |
CY2022Q2 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
2791000 | |
CY2021Q2 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
3450000 | |
CY2022Q2 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
2791000 | |
CY2021Q2 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
3450000 | |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
4818000 | |
CY2021Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
5117000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2506000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
22122000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
23354000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
24610000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
25860000 | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y2M12D | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y7M6D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.042 | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.042 | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1814000 | ||
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1567000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
41000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
304000 | ||
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1761000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
3425000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3415000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
3516000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
3615000 | |
CY2022Q2 | tcmd |
Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
13249000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
28981000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
4371000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
24610000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2488000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
22122000 | |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
1000000.0 | |
CY2021Q2 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
800000 | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
1900000 | ||
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
1700000 | ||
CY2022Q2 | us-gaap |
Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
|
41500000 | |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2900000 | |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2700000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5100000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5100000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
93832000 | ||
us-gaap |
Sales Type Lease Revenue
SalesTypeLeaseRevenue
|
15188000 | ||
us-gaap |
Sales Type Lease Revenue
SalesTypeLeaseRevenue
|
14077000 | ||
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1305000 | |
CY2022Q2 | us-gaap |
Cost Of Goods Sold Sales Type Lease
CostOfGoodsSoldSalesTypeLease
|
2612000 | |
CY2021Q2 | us-gaap |
Cost Of Goods Sold Sales Type Lease
CostOfGoodsSoldSalesTypeLease
|
2217000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-20208000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-961000 | ||
CY2022Q2 | us-gaap |
Sales Type Lease Revenue
SalesTypeLeaseRevenue
|
8380000 | |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2892000 | |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2658000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5121000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5115000 | ||
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
59645000 | |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
51060000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
107623000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
93832000 | ||
CY2022Q2 | tcmd |
Percentage Of Revenue
PercentageOfRevenue
|
1 | |
CY2021Q2 | tcmd |
Percentage Of Revenue
PercentageOfRevenue
|
1 | |
tcmd |
Percentage Of Revenue
PercentageOfRevenue
|
1 | ||
tcmd |
Percentage Of Revenue
PercentageOfRevenue
|
1 | ||
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
59645000 | |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
51060000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
107623000 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20024798 | |
us-gaap |
Cost Of Goods Sold Sales Type Lease
CostOfGoodsSoldSalesTypeLease
|
4648000 | ||
us-gaap |
Cost Of Goods Sold Sales Type Lease
CostOfGoodsSoldSalesTypeLease
|
4068000 | ||
CY2022Q2 | us-gaap |
Sales Type Lease Selling Profit Loss
SalesTypeLeaseSellingProfitLoss
|
5768000 | |
CY2021Q2 | us-gaap |
Sales Type Lease Selling Profit Loss
SalesTypeLeaseSellingProfitLoss
|
5213000 | |
us-gaap |
Sales Type Lease Selling Profit Loss
SalesTypeLeaseSellingProfitLoss
|
10540000 | ||
us-gaap |
Sales Type Lease Selling Profit Loss
SalesTypeLeaseSellingProfitLoss
|
10009000 | ||
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.004 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-14.05 | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-20000 | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1400000 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.010 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.771 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
200000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3200000 | ||
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4640000 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19691156 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19961999 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19618759 | ||
CY2021Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
356121 | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20024798 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20047277 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19961999 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19618759 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.23 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.07 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.01 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.23 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.01 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | ||
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1546673 | |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
484477 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1546673 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1286002 | ||
CY2021Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
6200000 | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
7550000 | ||
CY2022Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
13750000 | |
CY2022Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
13800000 | |
CY2022Q2 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
4000000.0 |