2024 Q1 Form 10-K Financial Statement

#000143774924010358 Filed on April 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $87.46M $86.96M $339.3M
YoY Change 8.74% 10.2% 5.67%
Cost Of Revenue $69.14M $68.99M $267.8M
YoY Change 4.18% 11.57% 10.27%
Gross Profit $18.32M $17.96M $71.49M
YoY Change 30.26% 5.22% -8.64%
Gross Profit Margin 20.94% 20.66% 21.07%
Selling, General & Admin $28.38M $26.49M $101.2M
YoY Change 18.84% 13.23% 19.38%
% of Gross Profit 154.96% 147.44% 141.58%
Research & Development $5.016M $5.003M $19.22M
YoY Change 4.17% 25.86% 35.45%
% of Gross Profit 27.39% 27.85% 26.88%
Depreciation & Amortization $9.987M $12.39M $47.26M
YoY Change 16.29% 12.74% 67.67%
% of Gross Profit 54.53% 68.97% 66.11%
Operating Expenses $34.84M $33.97M $130.3M
YoY Change 11.14% 13.21% 18.57%
Operating Profit -$16.52M -$16.01M -$58.83M
YoY Change -4.42% 23.74% 85.81%
Interest Expense $12.88M -$12.60M -$41.77M
YoY Change -263.44% 113.51% 188.95%
% of Operating Profit
Other Income/Expense, Net -$8.191M $0.00 $0.00
YoY Change 133.36% -100.0% -100.0%
Pretax Income -$24.70M -$24.69M -$103.1M
YoY Change 18.75% 70.84% 270.92%
Income Tax $1.774M -$1.316M -$6.873M
% Of Pretax Income
Net Earnings -$26.48M -$23.37M -$96.20M
YoY Change 38.78% 73.85% 248.91%
Net Earnings / Revenue -30.28% -26.88% -28.35%
Basic Earnings Per Share -$2.42 -$8.85
Diluted Earnings Per Share -$2.42 -$2.14 -$8.86
COMMON SHARES
Basic Shares Outstanding 10.93M 10.90M 10.86M
Diluted Shares Outstanding 10.92M 10.86M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.59M $92.69M $92.69M
YoY Change 465.62% 294.48% 294.48%
Cash & Equivalents $66.59M $92.69M $92.69M
Short-Term Investments
Other Short-Term Assets $121.1M $119.0M $119.0M
YoY Change 2.76% 5.17% 5.17%
Inventory $6.095M $6.786M $6.786M
Prepaid Expenses
Receivables $19.68M $23.62M $23.62M
Other Receivables $346.0K $709.0K $709.0K
Total Short-Term Assets $213.9M $242.8M $242.8M
YoY Change 27.57% 42.87% 42.87%
LONG-TERM ASSETS
Property, Plant & Equipment $350.4M $367.1M $367.1M
YoY Change 15.34% 30.41% 21.57%
Goodwill $130.4M $130.4M
YoY Change 0.0% 0.0%
Intangibles $27.90M $29.48M
YoY Change -24.77% -25.9%
Long-Term Investments $2.012M $2.012M $2.012M
YoY Change 0.0% 0.0% 0.0%
Other Assets $24.50M $24.07M $24.07M
YoY Change 49.58% 46.1% 46.1%
Total Long-Term Assets $566.3M $555.7M $555.7M
YoY Change 10.19% 12.3% 12.3%
TOTAL ASSETS
Total Short-Term Assets $213.9M $242.8M $242.8M
Total Long-Term Assets $566.3M $555.7M $555.7M
Total Assets $780.3M $798.4M $798.4M
YoY Change 14.46% 20.11% 20.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.77M $12.68M $12.68M
YoY Change -23.25% -26.18% -26.18%
Accrued Expenses $36.04M $40.75M $40.75M
YoY Change 63.58% 79.9% 49.31%
Deferred Revenue $133.4M $126.7M
YoY Change 3.4% 3.12%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $208.2M $201.3M $201.3M
YoY Change 8.37% 6.99% 6.99%
LONG-TERM LIABILITIES
Long-Term Debt $544.4M $544.6M $544.6M
YoY Change 50.88% 65.36% 65.36%
Other Long-Term Liabilities $40.65M $39.61M $39.61M
YoY Change 12.56% 13.75%
Total Long-Term Liabilities $585.1M $584.2M $584.2M
YoY Change 47.39% 60.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $208.2M $201.3M $201.3M
Total Long-Term Liabilities $585.1M $584.2M $584.2M
Total Liabilities $796.2M $788.6M $788.6M
YoY Change 32.26% 319.02% 38.81%
SHAREHOLDERS EQUITY
Retained Earnings -$66.78M -$40.30M
YoY Change -281.39% -172.09%
Common Stock $50.41M $48.45M
YoY Change 19.39% 21.19%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$15.94M $9.875M $9.875M
YoY Change
Total Liabilities & Shareholders Equity $780.3M $798.4M $798.4M
YoY Change 14.46% 20.11% 20.11%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$26.48M -$23.37M -$96.20M
YoY Change 38.78% 73.85% 248.91%
Depreciation, Depletion And Amortization $9.987M $12.39M $47.26M
YoY Change 16.29% 12.74% 67.67%
Cash From Operating Activities -$5.678M $8.999M -$4.771M
YoY Change 8.13% 210.2% -124.0%
INVESTING ACTIVITIES
Capital Expenditures $14.32M $14.58M $92.06M
YoY Change -54.89% -60.28% -32.66%
Acquisitions
YoY Change
Other Investing Activities -$96.00K -$108.0K -$528.0K
YoY Change -42.17% -83.76% -32.48%
Cash From Investing Activities -$14.42M -$14.69M -$92.58M
YoY Change -54.83% -60.67% -32.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$10.72M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$5.500M -11.75M 178.8M
YoY Change -121.62% -142.83% 35.47%
NET CHANGE
Cash From Operating Activities -$5.678M 8.999M -4.771M
Cash From Investing Activities -$14.42M -14.69M -92.58M
Cash From Financing Activities -$5.500M -11.75M 178.8M
Net Change In Cash -$25.59M -17.45M 81.48M
YoY Change 118.32% 148.9% 466.2%
FREE CASH FLOW
Cash From Operating Activities -$5.678M $8.999M -$4.771M
Capital Expenditures $14.32M $14.58M $92.06M
Free Cash Flow -$20.00M -$5.576M -$96.83M
YoY Change -45.95% -83.5% -17.13%

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CY2022 us-gaap Proceeds From Repayments Of Notes Payable
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-748000 usd
CY2021 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-296000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1711000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
-0 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
-0 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1600000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
3125000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
-0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
178836000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
132007000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
73135000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
92055000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
136710000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
73175000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
510000 usd
CY2023 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
528000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
782000 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
774000 usd
CY2023 us-gaap Payments To Acquire Investments
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CY2022 us-gaap Payments To Acquire Investments
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CY2021 us-gaap Payments To Acquire Investments
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2012000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-92583000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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-137492000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
81482000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
14391000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
794000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23496000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9105000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8311000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
104978000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23496000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9105000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
92687000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23496000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9105000 usd
CY2023Q4 us-gaap Funds Held For Clients
FundsHeldForClients
3639000 usd
CY2022Q4 us-gaap Funds Held For Clients
FundsHeldForClients
0 usd
CY2021Q4 us-gaap Funds Held For Clients
FundsHeldForClients
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CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
8652000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
104978000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23496000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9105000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
24736000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
10289000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
4485000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4929000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3883000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8828000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6948000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
501000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
99000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify; text-indent: 36pt;"><i>(b) Use of estimates</i></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify; text-indent: 36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify; text-indent: 36pt;">The preparation of the consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an on-going basis, management evaluates its judgements and estimates, the recoverability of goodwill and intangible assets which requires judgment over qualitative indicators of impairment and loss contingencies. For acquired customer relationships, the Company estimates the fair value based on the income approach. The income approach is a valuation technique that calculates the fair value of an intangible asset based on the present value of future cash flows expected to be generated over the remaining useful life of the asset. This valuation involves significant subjectivity and estimation uncertainty, including assumptions related to future revenues attributable to acquired customer relationships, attrition rates and discount rates. Management bases its estimates on historical experience, available market information as applicable, and on various other assumptions that are believed to be reasonable under the circumstances at the time they are made. Under different assumptions or conditions, the actual results will differ, potentially materially, from those previously estimated. Many of the conditions impacting these assumptions and estimates are outside of the Company’s control.</p>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify; text-indent: 36pt;"><i>(t) Concentration of credit risk</i></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify; text-indent: 36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify; text-indent: 36pt;">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash equivalents, restricted cash, accounts receivable, forward foreign exchange contracts and pay-fixed, receive-variable interest rate swap contracts. Cash equivalents consist of deposits with major commercial banks, the maturities of which are <em style="font: inherit;">three</em> months or less from the date of purchase. With respect to accounts receivable, the Company performs periodic credit evaluations of the financial condition of its customers and typically does <em style="font: inherit;">not</em> require collateral from them. The counterparty to any forward foreign exchange contracts is a major commercial bank which management believes does <em style="font: inherit;">not</em> represent a significant credit risk. Management assesses the need for allowances for potential credit losses by considering the credit risk of specific customers, historical trends and other information.</p>
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
456316000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
359553000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
116672000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
78058000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
339644000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
281495000 usd
CY2023 us-gaap Depreciation
Depreciation
36431000 usd
CY2022 us-gaap Depreciation
Depreciation
28187000 usd
CY2021 us-gaap Depreciation
Depreciation
17986000 usd
CY2023 tcx Property Plant And Equipment Fully Depreciated Writedown
PropertyPlantAndEquipmentFullyDepreciatedWritedown
4800000 usd
CY2022 tcx Property Plant And Equipment Fully Depreciated Writedown
PropertyPlantAndEquipmentFullyDepreciatedWritedown
100000 usd
CY2021 tcx Property Plant And Equipment Fully Depreciated Writedown
PropertyPlantAndEquipmentFullyDepreciatedWritedown
200000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
130410000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
130410000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
130400000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
130400000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
50409000 usd
CY2022 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
782000 usd
CY2022 tcx Intangible Assets Additions Disposal
IntangibleAssetsAdditionsDisposal
7000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11394000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
39790000 usd
CY2023 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
528000 usd
CY2023 tcx Intangible Assets Additions Disposal
IntangibleAssetsAdditionsDisposal
5000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10829000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
29484000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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5582000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4550000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2703000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2159000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2159000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
52000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17205000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
193000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2022 tcx Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Amortization Of Discontinued Cash Flow Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAmortizationOfDiscontinuedCashFlowHedge
761000 usd
CY2022 tcx Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Tax Amortization Of Discontinued Cash Flow Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossTaxAmortizationOfDiscontinuedCashFlowHedge
-184000 usd
CY2022 tcx Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Total Amortization Of Discontinued Cash Flow Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossTotalAmortizationOfDiscontinuedCashFlowHedge
577000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
1032000 usd
CY2022Q4 tcx Accumulated Other Comprehensive Income Tax
AccumulatedOtherComprehensiveIncomeTax
-248000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
784000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
2413000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-583000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1830000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
52000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-14000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
38000 usd
CY2023 tcx Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Amortization Of Discontinued Cash Flow Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAmortizationOfDiscontinuedCashFlowHedge
1118000 usd
CY2023 tcx Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Tax Amortization Of Discontinued Cash Flow Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossTaxAmortizationOfDiscontinuedCashFlowHedge
-270000 usd
CY2023 tcx Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Total Amortization Of Discontinued Cash Flow Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossTotalAmortizationOfDiscontinuedCashFlowHedge
848000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
1243000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-299000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
944000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
2275000 usd
CY2023Q4 tcx Accumulated Other Comprehensive Income Tax
AccumulatedOtherComprehensiveIncomeTax
-547000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1728000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
450000 usd
CY2021Q4 tcx Accumulated Other Comprehensive Income Tax
AccumulatedOtherComprehensiveIncomeTax
-107000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
343000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
550000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-132000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
418000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
582000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
441000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
1032000 usd
CY2022Q4 tcx Accumulated Other Comprehensive Income Tax
AccumulatedOtherComprehensiveIncomeTax
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CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
784000 usd
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
3038000 usd
CY2020Q4 tcx Accumulated Other Comprehensive Income Tax
AccumulatedOtherComprehensiveIncomeTax
-702000 usd
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2336000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
794000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
572000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
3382000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-817000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
2565000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
-2588000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
595000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-1993000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
450000 usd
CY2021Q4 tcx Accumulated Other Comprehensive Income Tax
AccumulatedOtherComprehensiveIncomeTax
-107000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
343000 usd
CY2023Q3 tcx Debt Instrument Required Principal Payment
DebtInstrumentRequiredPrincipalPayment
211900000 usd
CY2023 tcx Effective Income Tax Rate Reconciliation Change In Valuation Allowance On Pre2017 Foreign Tax Credits Amount
EffectiveIncomeTaxRateReconciliationChangeInValuationAllowanceOnPre2017ForeignTaxCreditsAmount
11213000 usd
CY2022 tcx Effective Income Tax Rate Reconciliation Change In Valuation Allowance On Pre2017 Foreign Tax Credits Amount
EffectiveIncomeTaxRateReconciliationChangeInValuationAllowanceOnPre2017ForeignTaxCreditsAmount
4023000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1546000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
770000 usd
CY2023Q4 us-gaap Loans Payable
LoansPayable
210354000 usd
CY2022Q4 us-gaap Loans Payable
LoansPayable
238930000 usd
CY2023Q4 us-gaap Loans Payable Current
LoansPayableCurrent
0 usd
CY2022Q4 us-gaap Loans Payable Current
LoansPayableCurrent
0 usd
CY2023Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
210354000 usd
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
238930000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
211900000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
211900000 usd
CY2023Q4 us-gaap Funds Held For Clients
FundsHeldForClients
3600000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
8700000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-27788000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7270000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-21644000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-5836000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1527000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2891000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
845000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
314000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
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CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2023Q4 us-gaap Financial Instruments Subject To Mandatory Redemption Redeemable In Year Three
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CY2023Q4 tcx Capital Purchase Obligation To Be Paid Year Four
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CY2023Q4 us-gaap Financial Instruments Subject To Mandatory Redemption Redeemable In Year Four
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28222000 usd
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CY2022 us-gaap Revenues
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CY2022 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
196268000 usd
CY2022 tcx Segment Gross Margin
SegmentGrossMargin
124874000 usd
CY2022 tcx Cost Of Goods And Services Sold Network Expenses
CostOfGoodsAndServicesSoldNetworkExpenses
17433000 usd
CY2022 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
27589000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
109910000 usd
CY2022 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-14456000 usd
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
132000 usd
CY2022 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
18507000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3874000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
304337000 usd
CY2021 us-gaap Revenues
Revenues
304337000 usd
CY2021 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
193039000 usd
CY2021 tcx Segment Gross Margin
SegmentGrossMargin
111298000 usd
CY2021 tcx Cost Of Goods And Services Sold Network Expenses
CostOfGoodsAndServicesSoldNetworkExpenses
14769000 usd
CY2021 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
17452000 usd
CY2021 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
583000 usd
CY2021 tcx Cost Of Revenue Property And Equipment Impairment
CostOfRevenuePropertyAndEquipmentImpairment
201000 usd
CY2021 us-gaap Gross Profit
GrossProfit
78293000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
39471000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
14310000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22370000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
534000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-234000 usd
CY2021 tcx Amortization Of Intangible Assets Net Of Cost Of Services Amortization
AmortizationOfIntangibleAssetsNetOfCostOfServicesAmortization
9424000 usd
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2021 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
277000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
86066000 usd
CY2021 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
20030000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
15043000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7270000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-96197000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-27571000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
3364000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6873000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-217000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3906000 usd
CY2023 us-gaap Depreciation
Depreciation
36431000 usd
CY2022 us-gaap Depreciation
Depreciation
28187000 usd
CY2021 us-gaap Depreciation
Depreciation
17986000 usd
CY2023 tcx Tangible Asset Impairment Charges Including Loss On Disposition Of Assets
TangibleAssetImpairmentChargesIncludingLossOnDispositionOfAssets
4822000 usd
CY2022 tcx Tangible Asset Impairment Charges Including Loss On Disposition Of Assets
TangibleAssetImpairmentChargesIncludingLossOnDispositionOfAssets
553000 usd
CY2021 tcx Tangible Asset Impairment Charges Including Loss On Disposition Of Assets
TangibleAssetImpairmentChargesIncludingLossOnDispositionOfAssets
435000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10829000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11394000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10007000 usd
CY2023 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-41771000 usd
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-4617000 usd
CY2023 us-gaap Accretion Expense
AccretionExpense
0 usd
CY2022 us-gaap Accretion Expense
AccretionExpense
248000 usd
CY2021 us-gaap Accretion Expense
AccretionExpense
383000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
8134000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
7599000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
4592000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
62000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-281000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-219000 usd
CY2023 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1916000 usd
CY2022 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2660000 usd
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2706000 usd
CY2023 tcx Adjusted Ebitda
AdjustedEBITDA
15451000 usd
CY2022 tcx Adjusted Ebitda
AdjustedEBITDA
37590000 usd
CY2021 tcx Adjusted Ebitda
AdjustedEBITDA
48821000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
339644000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
281495000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17205000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
27506000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
693000 usd
CY2023 tcx Allowance For Doubtful Accounts Charged To Recovered Costs And Expenses
AllowanceForDoubtfulAccountsChargedToRecoveredCostsAndExpenses
usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
182000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
511000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
541000 usd
CY2022 tcx Allowance For Doubtful Accounts Charged To Recovered Costs And Expenses
AllowanceForDoubtfulAccountsChargedToRecoveredCostsAndExpenses
152000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
-0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
693000 usd

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