2022 Q4 Form 10-K Financial Statement

#000148477823000057 Filed on March 07, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021
Revenue $71.32M $288.4M $251.8M
YoY Change -2.14% 14.53% 35.36%
Cost Of Revenue $26.35M $96.04M $73.66M
YoY Change 6.73% 30.38% 27.29%
Gross Profit $44.97M $192.3M $178.1M
YoY Change -6.69% 7.97% 39.0%
Gross Profit Margin 63.05% 66.7% 70.75%
Selling, General & Admin $61.36M $61.81M $48.81M
YoY Change -7.75% 26.63% 70.89%
% of Gross Profit 136.45% 32.14% 27.4%
Research & Development $37.60M $28.70M
YoY Change 31.01% 38.65%
% of Gross Profit 19.55% 16.11%
Depreciation & Amortization $3.816M $14.03M $9.155M
YoY Change 26.86% 53.28% 64.04%
% of Gross Profit 8.49% 7.3% 5.14%
Operating Expenses $61.35M $281.8M $240.5M
YoY Change -7.75% 17.17% 37.65%
Operating Profit -$16.39M -$89.49M -$62.39M
YoY Change -10.56% 43.44% 33.91%
Interest Expense -$41.00K $805.0K $2.275M
YoY Change -92.18% -64.62% 74.33%
% of Operating Profit
Other Income/Expense, Net -$3.065M -$1.957M $1.565M
YoY Change -418.94% -225.05% 2043.84%
Pretax Income -$19.50M -$92.25M -$63.10M
YoY Change 8.98% 46.2% 31.94%
Income Tax $4.000K $35.00K $80.00K
% Of Pretax Income
Net Earnings -$19.50M -$92.28M -$63.18M
YoY Change 8.87% 46.07% 31.95%
Net Earnings / Revenue -27.34% -32.0% -25.09%
Basic Earnings Per Share -$0.92 -$0.82
Diluted Earnings Per Share -$0.19 -$0.92 -$0.82
COMMON SHARES
Basic Shares Outstanding 99.82M shares 77.09M shares
Diluted Shares Outstanding 99.82M shares 77.09M shares

Balance Sheet

Concept 2022 Q4 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $104.9M $104.9M $205.8M
YoY Change -49.02% -49.02% 219.11%
Cash & Equivalents $38.03M $38.03M $84.55M
Short-Term Investments $66.90M $66.90M $121.3M
Other Short-Term Assets $7.076M $7.076M $8.625M
YoY Change -17.96% -17.96% 91.67%
Inventory $17.52M $17.52M $9.825M
Prepaid Expenses
Receivables $4.669M $4.669M $4.136M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $134.2M $134.2M $228.4M
YoY Change -41.25% -41.25% 203.74%
LONG-TERM ASSETS
Property, Plant & Equipment $92.48M $138.6M $94.81M
YoY Change 66.74% 46.23% 46.31%
Goodwill $11.60M
YoY Change -4.92%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.027M $7.027M $11.52M
YoY Change -38.98% -38.98% 283.83%
Total Long-Term Assets $167.8M $167.8M $132.4M
YoY Change 26.69% 26.69% 95.59%
TOTAL ASSETS
Total Short-Term Assets $134.2M $134.2M $228.4M
Total Long-Term Assets $167.8M $167.8M $132.4M
Total Assets $301.9M $301.9M $360.8M
YoY Change -16.32% -16.32% 152.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.800M $7.800M $13.34M
YoY Change -41.51% -41.51% 41.87%
Accrued Expenses $50.16M $25.98M $23.87M
YoY Change 10.83% 8.81% 30.46%
Deferred Revenue $18.10M
YoY Change 36.89%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.879M $3.879M $7.768M
YoY Change -50.06% -50.06% 135.39%
Total Short-Term Liabilities $84.41M $84.41M $89.41M
YoY Change -5.59% -5.59% 42.83%
LONG-TERM LIABILITIES
Long-Term Debt $25.79M $25.79M $27.56M
YoY Change -6.43% -6.43% -11.67%
Other Long-Term Liabilities $3.019M $51.75M $38.12M
YoY Change 168.83% 35.75% 56.87%
Total Long-Term Liabilities $28.81M $77.53M $65.68M
YoY Change 0.44% 18.05% 18.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $84.41M $84.41M $89.41M
Total Long-Term Liabilities $28.81M $77.53M $65.68M
Total Liabilities $161.9M $161.9M $155.1M
YoY Change 4.42% 4.42% 31.43%
SHAREHOLDERS EQUITY
Retained Earnings -$407.6M
YoY Change 29.26%
Common Stock $10.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $140.0M $140.0M $205.7M
YoY Change
Total Liabilities & Shareholders Equity $301.9M $301.9M $360.8M
YoY Change -16.32% -16.32% 152.5%

Cashflow Statement

Concept 2022 Q4 2022 2021
OPERATING ACTIVITIES
Net Income -$19.50M -$92.28M -$63.18M
YoY Change 8.87% 46.07% 31.95%
Depreciation, Depletion And Amortization $3.816M $14.03M $9.155M
YoY Change 26.86% 53.28% 64.04%
Cash From Operating Activities -$15.17M -$52.11M -$35.02M
YoY Change -27.39% 48.79% 83.3%
INVESTING ACTIVITIES
Capital Expenditures $3.935M $43.25M $19.83M
YoY Change -185.15% 118.13% 2.08%
Acquisitions $0.00 $23.58M
YoY Change -100.0%
Other Investing Activities $19.82M $52.18M -$149.7M
YoY Change -140.75% -134.84%
Cash From Investing Activities $15.89M $8.924M -$169.6M
YoY Change -129.83% -105.26% 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 -1.014M -$3.936M $229.0M
YoY Change 1308.33% -101.72% 1156.99%
NET CHANGE
Cash From Operating Activities -15.17M -$52.11M -$35.02M
Cash From Investing Activities 15.89M $8.924M -$169.6M
Cash From Financing Activities -1.014M -$3.936M $229.0M
Net Change In Cash -295.0K -$47.79M $24.30M
YoY Change -99.6% -296.65% -219.63%
FREE CASH FLOW
Cash From Operating Activities -$15.17M -$52.11M -$35.02M
Capital Expenditures $3.935M $43.25M $19.83M
Free Cash Flow -$19.10M -$95.36M -$54.85M
YoY Change 17.43% 73.86% 42.35%

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6249000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13290000 usd
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
29000 usd
CY2021 tdup Adjustments To Additional Paid In Capital Conversion Of Convertible Warrants
AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleWarrants
1827000 usd
CY2021 tdup Temporary Equity Conversion Of Convertible Securities Shares
TemporaryEquityConversionOfConvertibleSecuritiesShares
65971000 shares
CY2021 tdup Temporary Equity Conversion Of Convertible Securities Value
TemporaryEquityConversionOfConvertibleSecuritiesValue
247041000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
247041000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
45525000 usd
CY2021 tdup Adjustments To Additional Paid In Capital Consideration Delayed Share Issuance
AdjustmentsToAdditionalPaidInCapitalConsiderationDelayedShareIssuance
2744000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-63176000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1094000 usd
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
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2180000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
27747000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
236000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-92284000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3140000 usd
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
140001000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-92284000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-63176000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-47877000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14033000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9155000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5581000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
26817000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
12959000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
7336000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
6473000 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
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5593000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2342000 usd
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-561000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
530000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1189000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-229000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7886000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2741000 usd
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-374000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-893000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6326000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-32000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3985000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
871000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3469000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1752000 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
CY2022 tdup Increase Decrease In Seller Payable
IncreaseDecreaseInSellerPayable
-2945000 usd
CY2021 tdup Increase Decrease In Seller Payable
IncreaseDecreaseInSellerPayable
5072000 usd
CY2020 tdup Increase Decrease In Seller Payable
IncreaseDecreaseInSellerPayable
4407000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
924000 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
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-960000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1258000 usd
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1391000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-52105000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-35019000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19105000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
3475000 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
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
55650000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2800000 usd
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
CY2022 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
0 usd
CY2021 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
3750000 usd
CY2020 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
23581000 usd
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
43251000 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
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8924000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-169576000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19424000 usd
CY2022 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
391000 usd
CY2021 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
4625000 usd
CY2020 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
18352000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
6333000 usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
4000000 usd
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
1190000 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
226905000 usd
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4729000 usd
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1117000 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4202000 usd
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
6506000 usd
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2170000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2196000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
347000 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3936000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
228960000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18215000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-672000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-64000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-47789000 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
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
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44051000 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
CY2022 us-gaap Interest Paid Net
InterestPaidNet
2058000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
2076000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1450000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5677000 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
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13384000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
19669000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9142000 usd
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain reclassifications were made to the prior period consolidated statements of cash flows to conform to the current period presentation.
CY2022 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, breakage on loyalty points and rewards and gift cards, valuation of inventory, stock-based compensation, right-of-use assets, goodwill and acquired intangibles, and income taxes.
CY2022 tdup Revenue From Contract With Customer Return Period
RevenueFromContractWithCustomerReturnPeriod
P14D
CY2022 tdup Revenue From Contract With Customer Recognition Period
RevenueFromContractWithCustomerRecognitionPeriod
P1Y
CY2022 tdup Revenue From Contract With Customer Loyalty Point Expiration Period
RevenueFromContractWithCustomerLoyaltyPointExpirationPeriod
P12M
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
288379000 usd
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
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
38029000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
84550000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
383000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
560000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5639000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6730000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44051000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91840000 usd
CY2022 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 not 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.
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2021 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2020 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2022Q4 tdup Seller Payable Current
SellerPayableCurrent
16200000 usd
CY2021Q4 tdup Seller Payable Current
SellerPayableCurrent
19100000 usd
CY2022 tdup Contract With Customer Liability Current Conversion Period
ContractWithCustomerLiabilityCurrentConversionPeriod
P1Y
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
37600000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
28700000 usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20700000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
49200000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
54100000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
38400000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
67984000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1082000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
66902000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
121642000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
365000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
121277000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
124412000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
76028000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
31930000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20562000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
92482000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
55466000 usd
CY2022 us-gaap Depreciation
Depreciation
11500000 usd
CY2021 us-gaap Depreciation
Depreciation
8500000 usd
CY2020 us-gaap Depreciation
Depreciation
5600000 usd
CY2022 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
1700000 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
CY2022Q4 us-gaap Goodwill
Goodwill
11600000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
12200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
13701000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3202000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10499000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2600000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2597000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2245000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1085000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1085000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1085000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13223000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2402000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10499000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2639000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1578000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
14880000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
8247000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
17519000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
9825000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
18101000 usd
CY2022Q4 tdup Accrued Vendor Liabilities Current
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