2021 Q4 Form 10-K Financial Statement

#000148477822000044 Filed on March 22, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $72.88M $251.8M
YoY Change 35.36%
Cost Of Revenue $24.69M $73.66M
YoY Change 27.29%
Gross Profit $48.19M $178.1M
YoY Change 39.0%
Gross Profit Margin 66.12% 70.75%
Selling, General & Admin $66.51M $48.81M
YoY Change 70.89%
% of Gross Profit 138.03% 27.4%
Research & Development $28.70M
YoY Change 38.65%
% of Gross Profit 16.11%
Depreciation & Amortization $3.008M $9.155M
YoY Change 64.04%
% of Gross Profit 6.24% 5.14%
Operating Expenses $66.51M $240.5M
YoY Change 37.65%
Operating Profit -$18.32M -$62.39M
YoY Change 33.91%
Interest Expense -$524.0K $2.275M
YoY Change 74.33%
% of Operating Profit
Other Income/Expense, Net $961.0K $1.565M
YoY Change 2043.84%
Pretax Income -$17.89M -$63.10M
YoY Change 31.94%
Income Tax $23.00K $80.00K
% Of Pretax Income
Net Earnings -$17.91M -$63.18M
YoY Change 31.95%
Net Earnings / Revenue -24.58% -25.09%
Basic Earnings Per Share -$0.82
Diluted Earnings Per Share -$182.7K -$0.82
COMMON SHARES
Basic Shares Outstanding 77.09M shares
Diluted Shares Outstanding 77.09M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $205.8M $205.8M $64.49M
YoY Change 219.19% 219.11%
Cash & Equivalents $84.55M $84.55M $64.49M
Short-Term Investments $121.3M $121.3M $0.00
Other Short-Term Assets $8.625M $8.625M $5.332M
YoY Change 61.76% 91.67%
Inventory $9.825M $9.825M $3.519M
Prepaid Expenses
Receivables $4.136M $4.136M $1.823M
Other Receivables $0.00 $0.00
Total Short-Term Assets $228.4M $228.4M $75.16M
YoY Change 203.91% 203.74%
LONG-TERM ASSETS
Property, Plant & Equipment $55.47M $94.81M $41.13M
YoY Change 34.85% 46.31%
Goodwill $12.20M $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.52M $11.52M $2.965M
YoY Change 288.36% 283.83%
Total Long-Term Assets $132.4M $132.4M $67.75M
YoY Change 95.44% 95.59%
TOTAL ASSETS
Total Short-Term Assets $228.4M $228.4M $75.16M
Total Long-Term Assets $132.4M $132.4M $67.75M
Total Assets $360.8M $360.8M $142.9M
YoY Change 152.48% 152.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.34M $13.34M $9.386M
YoY Change 42.08% 41.87%
Accrued Expenses $45.25M $23.87M $32.54M
YoY Change 39.06% 30.46%
Deferred Revenue $13.22M $9.362M
YoY Change 41.24%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.768M $7.768M $3.270M
YoY Change 137.55% 135.39%
Total Short-Term Liabilities $89.41M $89.41M $62.56M
YoY Change 42.91% 42.83%
LONG-TERM LIABILITIES
Long-Term Debt $27.56M $27.56M $31.19M
YoY Change -11.64% -11.67%
Other Long-Term Liabilities $1.123M $38.12M $2.719M
YoY Change -58.7% 56.87%
Total Long-Term Liabilities $28.68M $65.68M $33.91M
YoY Change -15.41% 18.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $89.41M $89.41M $62.56M
Total Long-Term Liabilities $28.68M $65.68M $33.91M
Total Liabilities $155.1M $155.1M $118.0M
YoY Change 31.38% 31.43%
SHAREHOLDERS EQUITY
Retained Earnings -$315.3M -$252.2M
YoY Change 25.05%
Common Stock $10.00K $1.000K
YoY Change 900.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $205.7M $205.7M -$222.2M
YoY Change
Total Liabilities & Shareholders Equity $360.8M $360.8M $142.9M
YoY Change 152.48% 152.5%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$17.91M -$63.18M
YoY Change 31.95%
Depreciation, Depletion And Amortization $3.008M $9.155M
YoY Change 64.04%
Cash From Operating Activities -$20.89M -$35.02M
YoY Change 83.3%
INVESTING ACTIVITIES
Capital Expenditures -$4.621M $19.83M
YoY Change 2.08%
Acquisitions $23.58M
YoY Change
Other Investing Activities -$48.63M -$149.7M
YoY Change
Cash From Investing Activities -$53.25M -$169.6M
YoY Change 773.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -72.00K $229.0M
YoY Change 1156.99%
NET CHANGE
Cash From Operating Activities -20.89M -$35.02M
Cash From Investing Activities -53.25M -$169.6M
Cash From Financing Activities -72.00K $229.0M
Net Change In Cash -74.21M $24.30M
YoY Change -219.63%
FREE CASH FLOW
Cash From Operating Activities -$20.89M -$35.02M
Capital Expenditures -$4.621M $19.83M
Free Cash Flow -$16.27M -$54.85M
YoY Change 42.35%

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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2000 USD
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
247041000 USD
CY2020Q4 us-gaap Stockholders Equity
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-222177000 USD
CY2019 us-gaap Net Income Loss
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-38197000 USD
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
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65928000 shares
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
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5267000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13290000 USD
CY2021 tdup Adjustments To Additional Paid In Capital Conversion Of Convertible Warrants
AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleWarrants
1827000 USD
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
246905000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-183241000 USD
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2170000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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7336000 USD
CY2021 tdup Temporary Equity Conversion Of Convertible Securities Shares
TemporaryEquityConversionOfConvertibleSecuritiesShares
65971000 shares
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
205734000 USD
CY2021 us-gaap Net Income Loss
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-63176000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-47877000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-38197000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9155000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5581000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4274000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
12959000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
7336000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
7678000 USD
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3985000 USD
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
4034000 USD
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2342000 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
561000 USD
CY2019 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
1077000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2290000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
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6326000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-32000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1189000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-229000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
638000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2741000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-374000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
239000 USD
CY2021 tdup Increase Decrease In Seller Payable
IncreaseDecreaseInSellerPayable
5072000 USD
CY2020 tdup Increase Decrease In Seller Payable
IncreaseDecreaseInSellerPayable
4407000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
14205000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
871000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3469000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-741000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
9251000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
5182000 USD
CY2019 tdup Increase Decrease In Seller Payable
IncreaseDecreaseInSellerPayable
315000 USD
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-3964000 USD
CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-3824000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
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-1258000 USD
CY2020 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
0 USD
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 USD
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
8250000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
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1391000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
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-114000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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-35019000 USD
CY2019 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
0 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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23581000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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-19105000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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-10090000 USD
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
125217000 USD
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2800000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19828000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19424000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9504000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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-169576000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19424000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1254000 USD
CY2021 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
4625000 USD
CY2021 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
3750000 USD
CY2020 tdup Proceeds From Issuance Of Temporary Equity
ProceedsFromIssuanceOfTemporaryEquity
0 USD
CY2020 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
18352000 USD
CY2019 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
19750000 USD
CY2021 us-gaap Repayments Of Debt
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4000000 USD
CY2020 us-gaap Repayments Of Debt
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1190000 USD
CY2019 us-gaap Repayments Of Debt
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11801000 USD
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
226905000 USD
CY2019 tdup Proceeds From Issuance Of Temporary Equity
ProceedsFromIssuanceOfTemporaryEquity
82511000 USD
CY2019 tdup Proceeds From Stock Options Exercised And Payment Tax Withholding Share Based Payment Arrangement
ProceedsFromStockOptionsExercisedAndPaymentTaxWithholdingShareBasedPaymentArrangement
722000 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4729000 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1117000 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
982000 USD
CY2020 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 USD
CY2019 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 USD
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2021 tdup Proceeds From Stock Options Exercised And Payment Tax Withholding Share Based Payment Arrangement
ProceedsFromStockOptionsExercisedAndPaymentTaxWithholdingShareBasedPaymentArrangement
5177000 USD
CY2020 tdup Proceeds From Stock Options Exercised And Payment Tax Withholding Share Based Payment Arrangement
ProceedsFromStockOptionsExercisedAndPaymentTaxWithholdingShareBasedPaymentArrangement
2170000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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228960000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18215000 USD
CY2021 tdup Proceeds From Issuance Of Temporary Equity
ProceedsFromIssuanceOfTemporaryEquity
0 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
91182000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-64000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
24301000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-20314000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
79838000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67539000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87853000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8015000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91840000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67539000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87853000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
64000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
45000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
27000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
2076000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1450000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
1207000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3739000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1555000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
587000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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19669000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9142000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
17700000 USD
CY2021Q1 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
100000000 shares
CY2021Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
24.25
CY2021Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
45500000 USD
CY2021Q3 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
3300000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021 us-gaap Use Of Estimates
UseOfEstimates
The preparation of consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the amounts that are reported in the consolidated financial statements and the related disclosures. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include, but are not limited to, the useful lives of property and equipment and intangibles, allowance for sales returns, allowance for bad debts, breakage on loyalty points and rewards, valuation of inventory, warrants, stock-based compensation, valuation of right-of-use assets, valuation of goodwill and acquired intangibles and income taxes.
CY2021 tdup Revenue From Contract With Customer Return Period
RevenueFromContractWithCustomerReturnPeriod
P14D
CY2021 tdup Revenue From Contract With Customer Recognition Period
RevenueFromContractWithCustomerRecognitionPeriod
P1Y
CY2021 tdup Revenue From Contract With Customer Loyalty Point Expiration Period
RevenueFromContractWithCustomerLoyaltyPointExpirationPeriod
P12M
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
251792000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
186015000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
163812000 USD
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-700000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
84550000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
64485000 USD
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
560000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
364000 USD
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6730000 USD
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2690000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91840000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67539000 USD
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6700000 USD
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2700000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents, marketable securities and accounts receivable. The Company deposits cash at major financial institutions, and at times, such cash may exceed federally insured limits. The credit risk is believed to be minimal due to the financial position of the depository institutions in which those deposits are held. The Company has never experienced any losses on deposits since inception. The Company’s investment policy restricts cash investments to highly liquid, short to intermediate-term, high grade fixed income securities, and as a result, the Company believes its cash equivalents and marketable securities represent minimal credit risk.
CY2020 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
CY2021 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
CY2021 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
Within the consolidated balance sheets, the Company included restricted cash, non-current within non-current other assets for the prior period to conform with current period presentation.
CY2021 tdup Contract With Customer Liability Current Conversion Period
ContractWithCustomerLiabilityCurrentConversionPeriod
P1Y
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
121277000 USD
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
28700000 USD
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20700000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19000000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
38400000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
54100000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
39200000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
49000000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
72200000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
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76028000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
55221000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20562000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14090000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
55466000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
41131000 USD
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
1700000 USD
CY2021 us-gaap Depreciation
Depreciation
8500000 USD
CY2020 us-gaap Depreciation
Depreciation
5600000 USD
CY2021 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
2100000 USD
CY2020 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
1400000 USD
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
400000 USD
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
2500000 USD
CY2020 us-gaap Variable Lease Cost
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1197000 USD
CY2021 us-gaap Lease Cost
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6979000 USD
CY2020 us-gaap Lease Cost
LeaseCost
6823000 USD
CY2021 us-gaap Operating Lease Payments
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5401000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
5365000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.059
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.067
CY2020Q4 tdup Debt Instrument Number Of Amendments
DebtInstrumentNumberOfAmendments
3 amendment
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
27559000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
12200000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
8000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
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14492000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
638000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
13854000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2700000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2700000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2400000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
8000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
20000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1200000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1200000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3700000 USD
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
908000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
0 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
670000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
0 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
8247000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3519000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
9825000 USD
CY2021Q4 tdup Long Term Debt Maturity After Year Three
LongTermDebtMaturityAfterYearThree
0 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
36000000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
673000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
3519000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13223000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9362000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6438000 USD
CY2021Q4 tdup Accrued Vendor Liabilities Current
AccruedVendorLiabilitiesCurrent
6031000 USD
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