2020 Q1 Form 10-K Financial Statement

#000162828020003672 Filed on March 16, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q4 2019
Revenue $600.0K $687.0K $8.531M
YoY Change -72.49% -90.87% -64.6%
Cost Of Revenue $1.738M $10.88M $20.73M
YoY Change -29.55% 93.11% 28.2%
Gross Profit -$1.138M -$10.20M -$12.20M
YoY Change 297.9% -639.7% -253.83%
Gross Profit Margin -189.67% -1483.99% -143.01%
Selling, General & Admin $7.602M $9.388M $46.77M
YoY Change -37.86% -20.24% 18.14%
% of Gross Profit
Research & Development $3.934M $4.634M $22.47M
YoY Change -30.43% -28.04% 2.96%
% of Gross Profit
Depreciation & Amortization $570.0K $12.47M $2.200M
YoY Change -5.0% 293.28% -8.33%
% of Gross Profit
Operating Expenses $16.01M $16.70M $142.4M
YoY Change -10.48% -15.33% 131.83%
Operating Profit -$17.15M -$26.90M -$154.6M
YoY Change -21.77% 50.78% 214.48%
Interest Expense $0.00 -$1.971M $3.607M
YoY Change -100.0% 405.38% -14.28%
% of Operating Profit
Other Income/Expense, Net -$143.0K -$32.00K -$2.750M
YoY Change -88.17% -100.28% -82.81%
Pretax Income -$17.30M -$14.31M -$157.3M
YoY Change -25.24% 96.96% 141.47%
Income Tax -$697.0K -$575.0K -$3.124M
% Of Pretax Income
Net Earnings -$16.60M -$13.73M -$154.2M
YoY Change -26.31% 113.2% 149.61%
Net Earnings / Revenue -2766.33% -1998.84% -1807.54%
Basic Earnings Per Share
Diluted Earnings Per Share -$574.2K -$689.9K -$8.694M
COMMON SHARES
Basic Shares Outstanding 46.09M shares 255.7M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q1 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.82M $9.598M $9.598M
YoY Change -54.93% -86.83% -86.83%
Cash & Equivalents $21.82M $9.598M $9.598M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $7.341M $7.084M $4.368M
YoY Change -28.11% -23.04% -52.5%
Inventory $9.829M $10.65M $10.65M
Prepaid Expenses $1.412M $1.834M
Receivables $951.0K $620.0K $620.0K
Other Receivables $2.635M $2.716M $2.716M
Total Short-Term Assets $39.94M $27.96M $27.96M
YoY Change -51.55% -72.48% -72.48%
LONG-TERM ASSETS
Property, Plant & Equipment $6.060M $4.706M $7.006M
YoY Change 2.31% -25.74% 10.56%
Goodwill $0.00
YoY Change -100.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.168M $2.489M $8.752M
YoY Change 27.91% 1126.11% 1003.66%
Total Long-Term Assets $44.29M $46.82M $46.82M
YoY Change -67.08% -66.0% -66.0%
TOTAL ASSETS
Total Short-Term Assets $39.94M $27.96M $27.96M
Total Long-Term Assets $44.29M $46.82M $46.82M
Total Assets $84.23M $74.78M $74.78M
YoY Change -61.18% -68.75% -68.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.047M $3.579M $3.579M
YoY Change -14.91% -19.26% -19.26%
Accrued Expenses $8.026M $8.553M $8.553M
YoY Change 13.94% -11.08% -7.31%
Deferred Revenue $903.0K $818.0K
YoY Change -44.19% -52.8%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $13.05M $13.02M $13.02M
YoY Change -33.2% -40.31% -40.31%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Other Long-Term Liabilities $1.217M $1.403M $4.829M
YoY Change 10.24% -68.46%
Total Long-Term Liabilities $1.217M $1.403M $4.829M
YoY Change 10.24% -89.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.05M $13.02M $13.02M
Total Long-Term Liabilities $1.217M $1.403M $4.829M
Total Liabilities $17.07M $19.24M $19.24M
YoY Change -75.69% -72.81% -72.81%
SHAREHOLDERS EQUITY
Retained Earnings -$680.2M -$663.6M
YoY Change 27.88% 30.27%
Common Stock $749.6M $720.5M
YoY Change 10.34% 6.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $67.16M $55.54M $55.54M
YoY Change
Total Liabilities & Shareholders Equity $84.23M $74.78M $74.78M
YoY Change -61.18% -68.75% -68.75%

Cashflow Statement

Concept 2020 Q1 2019 Q4 2019
OPERATING ACTIVITIES
Net Income -$16.60M -$13.73M -$154.2M
YoY Change -26.31% 113.2% 149.61%
Depreciation, Depletion And Amortization $570.0K $12.47M $2.200M
YoY Change -5.0% 293.28% -8.33%
Cash From Operating Activities -$12.48M -$73.48M -$73.48M
YoY Change -48.43% 471.86% 51.54%
INVESTING ACTIVITIES
Capital Expenditures $2.000K -$437.0K $437.0K
YoY Change -98.31% -256.07% -43.25%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $0.00 $68.08M $68.08M
YoY Change -100.0% -486.39% -229.16%
Cash From Investing Activities -$2.000K $67.65M $67.65M
YoY Change -100.01% -477.91% -226.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $24.70M -5.609M -$5.609M
YoY Change -9493.16% -154.4% -121.2%
NET CHANGE
Cash From Operating Activities -$12.48M -73.48M -$73.48M
Cash From Investing Activities -$2.000K 67.65M $67.65M
Cash From Financing Activities $24.70M -5.609M -$5.609M
Net Change In Cash $12.17M -11.45M -$11.08M
YoY Change 172.23% -43.99% -85.41%
FREE CASH FLOW
Cash From Operating Activities -$12.48M -$73.48M -$73.48M
Capital Expenditures $2.000K -$437.0K $437.0K
Free Cash Flow -$12.48M -$73.05M -$73.92M
YoY Change -48.67% 456.34% 50.05%

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9039000 USD
CY2018 trxc Issuance Of Common Stock And Treasury Stock Net Of Issuance Costs
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279000 USD
CY2018 trxc Issuance Of Common Stock Value For Acquisitions
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8300000 USD
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36172000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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1662000 USD
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1000 USD
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11000 USD
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CY2018Q4 us-gaap Stockholders Equity
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168521000 USD
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11508000 USD
CY2019 trxc Issuance Of Common Stock Net Of Issuance Costs
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25777000 USD
CY2019 trxc Issuance Of Common Stock Value For Acquisitions
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6599000 USD
CY2019 trxc Stock Issued During Period Value Stock Options And Warrants Exercised
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538000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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499000 USD
CY2019 us-gaap Treasury Stock Retired Cost Method Amount
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0 USD
CY2019 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
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0 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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-2708000 USD
CY2019 us-gaap Net Income Loss
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-154201000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
55535000 USD
CY2019 us-gaap Profit Loss
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-154201000 USD
CY2018 us-gaap Profit Loss
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-61777000 USD
CY2019 us-gaap Goodwill And Intangible Asset Impairment
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86881000 USD
CY2018 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2019 us-gaap Depreciation
Depreciation
2166000 USD
CY2018 us-gaap Depreciation And Amortization
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2420000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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10301000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10868000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
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1513000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
725000 USD
CY2019 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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327000 USD
CY2018 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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351000 USD
CY2019 us-gaap Share Based Compensation
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11508000 USD
CY2018 us-gaap Share Based Compensation
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9039000 USD
CY2019 us-gaap Other Restructuring Costs
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7408000 USD
CY2018 us-gaap Other Restructuring Costs
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0 USD
CY2019 us-gaap Inventory Write Down
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1523000 USD
CY2018 us-gaap Inventory Write Down
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0 USD
CY2019 us-gaap Provision For Doubtful Accounts
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1634000 USD
CY2018 us-gaap Provision For Doubtful Accounts
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0 USD
CY2019 trxc Business Combination Interest Expense On Deferred Consideration
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756000 USD
CY2018 trxc Business Combination Interest Expense On Deferred Consideration
BusinessCombinationInterestExpenseOnDeferredConsideration
0 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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-3224000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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-3377000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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-1006000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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-1400000 USD
CY2019 us-gaap Fair Value Adjustment Of Warrants
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-2248000 USD
CY2018 us-gaap Fair Value Adjustment Of Warrants
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14320000 USD
CY2019 trxc Change In Fair Value Of Contingent Consideration
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9553000 USD
CY2018 trxc Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
1011000 USD
CY2019 trxc Reversal Of Transfer Fee Accrual
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0 USD
CY2018 trxc Reversal Of Transfer Fee Accrual
ReversalOfTransferFeeAccrual
2994000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
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CY2018 us-gaap Increase Decrease In Accounts Receivable
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7225000 USD
CY2019 us-gaap Increase Decrease In Interest And Dividends Receivable
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-26000 USD
CY2018 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-54000 USD
CY2019 us-gaap Increase Decrease In Inventories
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16404000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2145000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
655000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
325000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
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-668000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
767000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
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-1180000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2134000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
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-959000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
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825000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
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998000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
0 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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-73484000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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-48493000 USD
CY2019 us-gaap Payments To Acquire Short Term Investments
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12883000 USD
CY2018 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
55439000 USD
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
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65000000 USD
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
4000000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5800000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
437000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
770000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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0 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
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32000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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67645000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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261900000 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
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20200000 shares
CY2019 us-gaap Repayments Of Notes Payable
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31425000 USD
CY2018 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
15305000 USD
CY2019 trxc Proceeds From Issuance Of Debt And Warrants Net Of Issuance Costs
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0 USD
CY2018 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
770000 USD
CY2019 trxc Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
25777000 USD
CY2018 trxc Proceeds From Issuance Of Common Stock And Warrants
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279000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
499000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1662000 USD
CY2019 trxc Proceeds From Issuance Of Common Stock For Sale Of Property
ProceedsFromIssuanceOfCommonStockForSaleOfProperty
0 USD
CY2018 trxc Proceeds From Issuance Of Common Stock For Sale Of Property
ProceedsFromIssuanceOfCommonStockForSaleOfProperty
3000000 USD
CY2019 trxc Proceeds From Stock Options And Warrants Exercised
ProceedsFromStockOptionsAndWarrantsExercised
538000 USD
CY2018 trxc Proceeds From Stock Options And Warrants Exercised
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12403000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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26452000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
364000 USD
CY2018 trxc Proceeds From Issuance Of Debt And Warrants Net Of Issuance Costs
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28507000 USD
CY2019 us-gaap Payment For Contingent Consideration Liability Financing Activities
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0 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-433000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-11084000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-75955000 USD
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
21651000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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97606000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10567000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
21651000 USD
CY2019 us-gaap Interest Paid Net
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2187000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
1730000 USD
CY2019 trxc Transfer Of Inventory To Property And Equipment
TransferOfInventoryToPropertyAndEquipment
486000 USD
CY2018 trxc Transfer Of Inventory To Property And Equipment
TransferOfInventoryToPropertyAndEquipment
2160000 USD
CY2019 trxc Transfer Of Property And Equipment To Inventories
TransferOfPropertyAndEquipmentToInventories
323000 USD
CY2018 trxc Transfer Of Property And Equipment To Inventories
TransferOfPropertyAndEquipmentToInventories
637000 USD
CY2019 trxc Reclassification Of Warrant Liability To Common Stock And Additional Paid In Capital
ReclassificationOfWarrantLiabilityToCommonStockAndAdditionalPaidInCapital
0 USD
CY2018 trxc Reclassification Of Warrant Liability To Common Stock And Additional Paid In Capital
ReclassificationOfWarrantLiabilityToCommonStockAndAdditionalPaidInCapital
23774000 USD
CY2019 trxc Cashless Exercise Of Warrants
CashlessExerciseOfWarrants
0 USD
CY2018 trxc Cashless Exercise Of Warrants
CashlessExerciseOfWarrants
4272000 USD
CY2018 us-gaap Stock Issued1
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8300000 USD
CY2019 trxc Proceeds From Sale Of Other Assets Financing Activities
ProceedsFromSaleOfOtherAssetsFinancingActivities
1000000 USD
CY2018 trxc Proceeds From Sale Of Other Assets Financing Activities
ProceedsFromSaleOfOtherAssetsFinancingActivities
0 USD
CY2019 us-gaap Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
0 USD
CY2018 us-gaap Supplemental Deferred Purchase Price
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5962000 USD
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25000000 shares
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0.01
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CY2019 us-gaap Use Of Estimates
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<div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-top:10px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include identifiable intangible assets and goodwill, contingent consideration, warrant liabilities, stock compensation expense, revenue recognition, accounts receivable reserves, excess and obsolete inventory reserves, inventory classification between current and non-current, and deferred tax asset valuation allowances.</span></div>
CY2019Q4 us-gaap Held To Maturity Securities Current
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0 USD
CY2019 us-gaap Concentration Risk Credit Risk
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<div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentrations and Credit Risk</span></div><div style="line-height:120%;padding-top:10px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company’s principal financial instruments subject to potential concentration of credit risk are cash and cash equivalents, including amounts held in money market accounts. The Company places cash deposits with a federally insured financial institution. The Company maintains its cash at banks and financial institutions it considers to be of high credit quality; however, the Company’s domestic cash deposits may at times exceed the Federal Deposit Insurance Corporation’s insured limit. Balances in excess of federally insured limitations may not be insured. The Company has not experienced losses on these accounts, and management believes that the Company is not exposed to significant risks on such accounts.</span></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company’s accounts receivable are derived from sales to customers located throughout the world. The Company evaluates its customers’ financial condition and, generally, requires no collateral from its customers. The Company provides reserves for potential credit losses and recorded a bad debt charge totaling </span><span style="font-family:inherit;font-size:10pt;"><span>$1.6 million</span></span><span style="font-family:inherit;font-size:10pt;"> during the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">. The Company had eight customers who constituted </span><span style="font-family:inherit;font-size:10pt;"><span>85%</span></span><span style="font-family:inherit;font-size:10pt;"> of the Company’s net accounts receivable at </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">. The Company had five customers who constituted </span><span style="font-family:inherit;font-size:10pt;"><span>89%</span></span><span style="font-family:inherit;font-size:10pt;"> of the Company’s net accounts receivable at </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;">. The Company had six customers who accounted for </span><span style="font-family:inherit;font-size:10pt;"><span>82%</span></span><span style="font-family:inherit;font-size:10pt;"> of sales in 2019 and twelve customers who accounted for </span><span style="font-family:inherit;font-size:10pt;"><span>89%</span></span><span style="font-family:inherit;font-size:10pt;"> of sales in 2018.</span></div>
CY2019 us-gaap Provision For Doubtful Accounts
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CY2019 us-gaap Number Of Operating Segments
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7900000 USD
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2512000 USD
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P5Y
CY2018 trxc Period Of Service Sale Arrangement At Stated Service Price
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P4Y
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24102000 USD
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3700000 USD
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200000 USD
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200000 USD
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1000000.0 USD
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1300000 USD
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400000 USD
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7400000 USD
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28000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
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2778000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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266000 USD
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207000 USD
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11508000 USD
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36100000 USD
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1
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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2500000 USD
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1100000 USD
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1200000 USD
CY2019 us-gaap Operating Lease Payments
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CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
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CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
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CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
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454000 USD
CY2018Q4 us-gaap Cash
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CY2018Q4 us-gaap Money Market Funds At Carrying Value
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399000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
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385000 USD
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175000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
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38000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
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CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due
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1926000 USD
CY2019Q4 us-gaap Cash
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9596000 USD
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21061000 USD
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590000 USD
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10567000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
21651000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9598000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
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969000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
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10567000 USD
CY2019 us-gaap Business Combination Consideration Transferred Liabilities Incurred
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1084000 USD
CY2019Q4 trxc Warrant Liability
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2388000 USD
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3472000 USD
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21061000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
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590000 USD
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21651000 USD
CY2018 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
10637000 USD
CY2018Q4 trxc Warrant Liability
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4636000 USD
CY2018Q4 us-gaap Liabilities Fair Value Disclosure
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CY2019 trxc Change In Fair Value Of Contingent Consideration
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9600000 USD
CY2018 trxc Change In Fair Value Of Contingent Consideration
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CY2018 us-gaap Fair Value Adjustment Of Warrants
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CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
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620000 USD
CY2018Q4 us-gaap Accounts Receivable Net
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8560000 USD
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1600000 USD
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2274000 USD
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8640000 USD
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8510000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
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5502000 USD
CY2019Q4 trxc Inventory Net Current And Noncurrent
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18247000 USD
CY2018Q4 trxc Inventory Net Current And Noncurrent
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10941000 USD
CY2019Q4 us-gaap Inventory Net
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CY2018Q4 us-gaap Inventory Net
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10941000 USD
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7594000 USD
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0 USD
CY2019Q4 trxc Inventory Net Current And Noncurrent
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18247000 USD
CY2018Q4 trxc Inventory Net Current And Noncurrent
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10941000 USD
CY2019 trxc Inventory Write Down Restructuring
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7400000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
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9737000 USD
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5439000 USD
CY2019Q4 trxc Advance To Vendors
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2534000 USD
CY2018Q4 trxc Advance To Vendors
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5427000 USD
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1834000 USD
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1443000 USD
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2716000 USD
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CY2018Q4 us-gaap Property Plant And Equipment Gross
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17499000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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10968000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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11162000 USD
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4706000 USD
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6337000 USD
CY2019 us-gaap Depreciation
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2200000 USD
CY2018 us-gaap Depreciation
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2400000 USD
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CY2019Q4 us-gaap Goodwill
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61800000 USD
CY2018 us-gaap Goodwill Impairment Loss
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0 USD
us-gaap Goodwill Impairment Loss
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CY2019 us-gaap Current Federal Tax Expense Benefit
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CY2018 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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0 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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100000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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3665000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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2281000 USD
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1007000 USD
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795000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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6182000 USD
CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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345000 USD
CY2018Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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392000 USD
CY2019Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
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4738000 USD
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1445000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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0.005
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686000 USD
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5660000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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8772000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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CY2018Q4 us-gaap Deferred Income Tax Liabilities
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CY2019Q4 us-gaap Deferred Tax Liabilities
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CY2018Q4 us-gaap Deferred Tax Liabilities
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4720000 USD
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41800000 USD
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4700000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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1202000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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149000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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161000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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1512000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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1363000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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-0.020
CY2019 trxc Income Tax Rate Reconciliation Change In Fair Market Value Of Contingent Consideration
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CY2019 trxc Effective Income Tax Rate Reconciliation Change In Fair Market Value Of Contingent Consideration
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0.015
CY2018 trxc Income Tax Rate Reconciliation Change In Fair Market Value Of Contingent Consideration
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-256000 USD
CY2018 trxc Effective Income Tax Rate Reconciliation Change In Fair Market Value Of Contingent Consideration
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0.004
CY2019 trxc Income Tax Rate Reconciliation Warrant Remeasurement And Financing Costs
IncomeTaxRateReconciliationWarrantRemeasurementAndFinancingCosts
551000 USD
CY2019 trxc Effective Income Tax Rate Reconciliation Warrant Remeasurement And Financing Costs
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0.004
CY2018 trxc Income Tax Rate Reconciliation Warrant Remeasurement And Financing Costs
IncomeTaxRateReconciliationWarrantRemeasurementAndFinancingCosts
-3630000 USD
CY2018 trxc Effective Income Tax Rate Reconciliation Warrant Remeasurement And Financing Costs
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-0.056
CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
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743000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
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-0.005
CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
803000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
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-0.012
CY2019 trxc Income Tax Reconciliation Unrecognized Tax Benefits
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149000 USD
CY2019 trxc Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefits
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-0.001
CY2018 trxc Income Tax Reconciliation Unrecognized Tax Benefits
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161000 USD
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-0.002
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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2590000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.016
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-96000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.001
CY2019 trxc Income Tax Reconciliation Goodwill Impairment Losses
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-6638000 USD
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-0.042
CY2018 trxc Income Tax Reconciliation Goodwill Impairment Losses
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0 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.002
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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252000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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-0.003
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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41771000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.266
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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9817000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.151
CY2019 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.020
CY2018 us-gaap Income Tax Expense Benefit
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0.052
CY2019 trxc Global Intangible Low Taxed Income Accounting Income Tax Expense Benefit
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0 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
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5061000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
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6243000 USD
CY2019Q4 us-gaap Restructuring Reserve Current
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882000 USD
CY2018Q4 us-gaap Restructuring Reserve Current
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0 USD
CY2019Q4 us-gaap Accrued Marketing Costs Current
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308000 USD
CY2018Q4 us-gaap Accrued Marketing Costs Current
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895000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
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242000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
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539000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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1112000 USD
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0 USD
CY2019Q4 us-gaap Accrued Royalties Current
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148000 USD
CY2018Q4 us-gaap Accrued Royalties Current
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498000 USD
CY2019Q4 us-gaap Accrued Professional Fees Current
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474000 USD
CY2018Q4 us-gaap Accrued Professional Fees Current
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432000 USD
CY2019Q4 us-gaap Deferred Rent Credit Current
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0 USD
CY2018Q4 us-gaap Deferred Rent Credit Current
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391000 USD
CY2019Q4 us-gaap Taxes Payable Current
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326000 USD
CY2018Q4 us-gaap Taxes Payable Current
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365000 USD
CY2019Q4 us-gaap Interest And Dividends Payable Current
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0 USD
CY2018Q4 us-gaap Interest And Dividends Payable Current
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256000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
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8553000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
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9619000 USD
CY2019Q2 trxc Line Of Credit Facility Non Milestone Based Minimum Advances Available
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5000000.0 USD
CY2019 trxc Debt Instrument Covenant Terms Unrestricted Cash
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7000000.0 USD
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16400000 USD
CY2019Q4 trxc Line Of Credit Facility Prepayment Fee Amount
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1400000 USD
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CY2018Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2019Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2019 us-gaap Share Based Compensation
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CY2018 us-gaap Share Based Compensation
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9000000.0 USD
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0
CY2018 us-gaap Proceeds From Stock Options Exercised
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31.45
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P7Y9M25D
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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623272 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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29.79
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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248834 shares
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33.13
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
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43525 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
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38.67
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
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29919 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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18.00
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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30.71
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P7Y4M9D
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926498 shares
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32.48
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P6Y1M20D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1763300 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
30.75
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P7Y3M10D
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
200000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
9300000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
500000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
623272 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
669662 shares
CY2019 trxc Share Based Compensation Arrangement By Share Based Payment Award Unvested Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardUnvestedOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.23
CY2018 trxc Share Based Compensation Arrangement By Share Based Payment Award Unvested Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardUnvestedOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.67
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
19600000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y4M24D
CY2013Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
92277 shares
CY2017Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.00
CY2019 trxc Common Stock Shares Sold
CommonStockSharesSold
3528532 shares
CY2019 trxc Average Price Per Share For Stock Issued
AveragePricePerShareForStockIssued
7.37
CY2019 trxc Proceeds From Sale Of Common Stock Gross
ProceedsFromSaleOfCommonStockGross
25989000 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
212000 USD
CY2019 trxc Commissions And Other Offering Expenses
CommissionsAndOtherOfferingExpenses
25777000 USD
CY2017Q2 trxc Proceeds From Issuance Of Equity Net
ProceedsFromIssuanceOfEquityNet
23200000 USD
CY2019Q4 trxc Restructuring And Other Charges
RestructuringAndOtherCharges
8800000 USD
CY2019Q4 us-gaap Other Restructuring Costs
OtherRestructuringCosts
7400000 USD
CY2019Q4 us-gaap Severance Costs1
SeveranceCosts1
1400000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
900000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
1374000 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
492000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
882000 USD
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4346057 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2245096 shares
CY2019Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
0 USD

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