2019 Q1 Form 10-K Financial Statement
#000162828019002007 Filed on February 26, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
Revenue | $21.81M | $31.34M | $22.48M |
YoY Change | 20.99% | 34.2% | 57.67% |
Cost Of Revenue | $8.640M | $8.630M | $8.140M |
YoY Change | 12.71% | 2.86% | 13.28% |
Gross Profit | $13.17M | $22.71M | $14.35M |
YoY Change | 27.11% | 51.77% | 102.8% |
Gross Profit Margin | 60.39% | 72.46% | 63.81% |
Selling, General & Admin | $13.52M | $13.69M | $12.57M |
YoY Change | 23.43% | 34.48% | 53.54% |
% of Gross Profit | 102.66% | 60.29% | 87.61% |
Research & Development | $3.008M | $3.020M | $3.113M |
YoY Change | -19.33% | -15.88% | 6.65% |
% of Gross Profit | 22.84% | 13.3% | 21.7% |
Depreciation & Amortization | $324.0K | $300.0K | $320.0K |
YoY Change | -24.12% | -28.57% | -21.95% |
% of Gross Profit | 2.46% | 1.32% | 2.23% |
Operating Expenses | $16.53M | $16.71M | $15.68M |
YoY Change | 12.57% | 21.35% | 41.22% |
Operating Profit | -$3.358M | $5.995M | -$1.336M |
YoY Change | -22.3% | 403.36% | -66.86% |
Interest Expense | $2.000K | $160.0K | $460.0K |
YoY Change | -99.54% | 220.0% | 45.11% |
% of Operating Profit | 2.67% | ||
Other Income/Expense, Net | $514.0K | -$80.00K | $267.0K |
YoY Change | -115.4% | -20.0% | -119.4% |
Pretax Income | -$2.840M | $5.240M | -$1.070M |
YoY Change | -62.92% | 1706.9% | -80.22% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$2.844M | $5.242M | -$1.069M |
YoY Change | -62.87% | 1726.48% | -80.23% |
Net Earnings / Revenue | -13.04% | 16.73% | -4.75% |
Basic Earnings Per Share | -$0.07 | $0.12 | -$0.02 |
Diluted Earnings Per Share | -$0.07 | $0.11 | -$0.02 |
COMMON SHARES | |||
Basic Shares Outstanding | 43.75M shares | 43.35M shares | 42.93M shares |
Diluted Shares Outstanding | 42.93M shares |
Balance Sheet
Concept | 2019 Q1 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $84.10M | $82.90M | $97.80M |
YoY Change | 182.21% | 208.18% | 530.97% |
Cash & Equivalents | $35.08M | $18.29M | $53.29M |
Short-Term Investments | $49.00M | $64.60M | $44.50M |
Other Short-Term Assets | $2.679M | $2.847M | $2.339M |
YoY Change | 97.28% | 80.08% | 71.23% |
Inventory | $4.063M | $3.558M | $3.638M |
Prepaid Expenses | |||
Receivables | $18.77M | $23.45M | $15.53M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $109.6M | $112.8M | $119.3M |
YoY Change | 127.38% | 123.31% | 228.43% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.445M | $5.906M | $5.207M |
YoY Change | 53.2% | 45.07% | 31.26% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $31.63M | $5.906M | $5.207M |
YoY Change | 651.79% | 45.07% | 31.26% |
TOTAL ASSETS | |||
Total Short-Term Assets | $109.6M | $112.8M | $119.3M |
Total Long-Term Assets | $31.63M | $5.906M | $5.207M |
Total Assets | $141.2M | $118.7M | $124.5M |
YoY Change | 169.47% | 117.47% | 209.01% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $6.201M | $7.108M | $4.580M |
YoY Change | 7.51% | 28.03% | -23.31% |
Accrued Expenses | $6.600M | $6.930M | $5.600M |
YoY Change | 873.45% | 24.35% | 1377.57% |
Deferred Revenue | $534.0K | ||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | $4.100M |
YoY Change | -100.0% | -100.0% | 57.69% |
Total Short-Term Liabilities | $12.94M | $14.79M | $14.99M |
YoY Change | -6.75% | 13.0% | 3.19% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $100.0K | $0.00 | $13.18M |
YoY Change | -99.36% | -100.0% | 78.15% |
Other Long-Term Liabilities | $25.10M | $1.666M | $1.800M |
YoY Change | 1221.05% | -20.67% | |
Total Long-Term Liabilities | $25.20M | $1.666M | $13.18M |
YoY Change | 61.03% | -19.09% | 78.15% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $12.94M | $14.79M | $14.99M |
Total Long-Term Liabilities | $25.20M | $1.666M | $13.18M |
Total Liabilities | $38.17M | $16.46M | $29.99M |
YoY Change | 21.29% | -48.63% | 27.39% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$371.9M | -$369.0M | -$374.3M |
YoY Change | 0.9% | 2.25% | 3.62% |
Common Stock | $474.8M | $471.2M | $468.4M |
YoY Change | 22.03% | 23.02% | 24.02% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $103.1M | $102.2M | $94.48M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $141.2M | $118.7M | $124.5M |
YoY Change | 169.47% | 117.47% | 209.01% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.844M | $5.242M | -$1.069M |
YoY Change | -62.87% | 1726.48% | -80.23% |
Depreciation, Depletion And Amortization | $324.0K | $300.0K | $320.0K |
YoY Change | -24.12% | -28.57% | -21.95% |
Cash From Operating Activities | $154.0K | $2.610M | $2.020M |
YoY Change | -61.98% | 210.71% | -138.55% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $232.0K | -$580.0K | -$1.120M |
YoY Change | 26.09% | -19.44% | 115.38% |
Acquisitions | $10.69M | ||
YoY Change | |||
Other Investing Activities | $15.89M | -$19.87M | -$44.48M |
YoY Change | |||
Cash From Investing Activities | $15.66M | -$20.45M | -$45.60M |
YoY Change | -8611.96% | 2740.28% | 8669.23% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $982.0K | -17.17M | 1.910M |
YoY Change | -63.55% | -252.22% | -73.44% |
NET CHANGE | |||
Cash From Operating Activities | $154.0K | 2.610M | 2.020M |
Cash From Investing Activities | $15.66M | -20.45M | -45.60M |
Cash From Financing Activities | $982.0K | -17.17M | 1.910M |
Net Change In Cash | $16.80M | -35.01M | -41.67M |
YoY Change | 476.26% | -407.11% | -3013.99% |
FREE CASH FLOW | |||
Cash From Operating Activities | $154.0K | $2.610M | $2.020M |
Capital Expenditures | $232.0K | -$580.0K | -$1.120M |
Free Cash Flow | -$78.00K | $3.190M | $3.140M |
YoY Change | -135.29% | 104.49% | -166.53% |
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|
566000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
24248000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
25936000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
2568000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
2339000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
10487000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
10969000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
282000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
345000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
508000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
418000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
2128000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
2798000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
24248000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
25936000 | USD |
CY2016 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
600000 | USD |
CY2017 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
600000 | USD |
CY2018 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
600000 | USD |
CY2016 | us-gaap |
Depreciation
Depreciation
|
1600000 | USD |
CY2017 | us-gaap |
Depreciation
Depreciation
|
1600000 | USD |
CY2018 | us-gaap |
Depreciation
Depreciation
|
1400000 | USD |
CY2016 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1886000 | USD |
CY2017 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1612000 | USD |
CY2018 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1426000 | USD |
CY2017Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1014000 | USD |
CY2018Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
0 | USD |
CY2018Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
CY2018 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.20 | |
CY2016Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.01 | |
CY2016 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.18 | |
CY2017Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.31 | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.07 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.16 | |
CY2017 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.52 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.12 | |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.02 | |
CY2018Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.11 | |
CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.20 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2017Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2389000 | USD |
CY2018Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1559000 | USD |
CY2016 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | USD |
CY2017 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
257000 | USD |
CY2018 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
2524000 | USD |
CY2016 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-5000 | USD |
CY2017 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-37000 | USD |
CY2018 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-51000 | USD |
CY2016 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD |
CY2017 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
115000 | USD |
CY2018 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-22000 | USD |
CY2016 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
CY2017 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-860000 | USD |
CY2018 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-838000 | USD |
CY2016Q4 | us-gaap |
Gross Profit
GrossProfit
|
14961000 | USD |
CY2016 | us-gaap |
Gross Profit
GrossProfit
|
26076000 | USD |
CY2017Q1 | us-gaap |
Gross Profit
GrossProfit
|
2252000 | USD |
CY2017Q2 | us-gaap |
Gross Profit
GrossProfit
|
9283000 | USD |
CY2017Q3 | us-gaap |
Gross Profit
GrossProfit
|
7074000 | USD |
CY2017 | us-gaap |
Gross Profit
GrossProfit
|
33570000 | USD |
CY2018Q1 | us-gaap |
Gross Profit
GrossProfit
|
10361000 | USD |
CY2018Q2 | us-gaap |
Gross Profit
GrossProfit
|
11284000 | USD |
CY2018Q3 | us-gaap |
Gross Profit
GrossProfit
|
14346000 | USD |
CY2018Q4 | us-gaap |
Gross Profit
GrossProfit
|
22706000 | USD |
CY2018 | us-gaap |
Gross Profit
GrossProfit
|
58697000 | USD |
CY2016 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
2638000 | USD |
CY2017 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2018 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2016Q1 | us-gaap |
Incentive From Lessor
IncentiveFromLessor
|
2000000 | USD |
CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-19566000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-17286000 | USD |
CY2018 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-8137000 | USD |
CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2018 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
7677000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-5445000 | USD |
CY2018 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1688000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-614000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
11749000 | USD |
CY2018 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
839000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-6652000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-5877000 | USD |
CY2018 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1709000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
549000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
563000 | USD |
CY2018 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-605000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
56000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
116000 | USD |
CY2018 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
172000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-1016000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-1106000 | USD |
CY2018 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-385000 | USD |
CY2016 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2017 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
100000 | USD |
CY2018 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1076000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1361000 | USD |
CY2018 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
899000 | USD |
CY2016 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
920000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1050000 | USD |
CY2018 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1493000 | USD |
CY2016 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2108000 | USD |
CY2017 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
305000 | USD |
CY2018 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-235000 | USD |
CY2016 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
701000 | USD |
CY2017 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
261000 | USD |
CY2018 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
1267000 | USD |
CY2016 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
217000 | USD |
CY2017 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
41000 | USD |
CY2018 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
39000 | USD |
CY2016 | us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
-1568000 | USD |
CY2017 | us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
-785000 | USD |
CY2018 | us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
247000 | USD |
CY2016 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
6174000 | USD |
CY2017 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1177000 | USD |
CY2018 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
5184000 | USD |
CY2016 | us-gaap |
Interest Expense
InterestExpense
|
15000 | USD |
CY2017 | us-gaap |
Interest Expense
InterestExpense
|
92000 | USD |
CY2018 | us-gaap |
Interest Expense
InterestExpense
|
31000 | USD |
CY2016 | us-gaap |
Interest Paid Net
InterestPaidNet
|
226000 | USD |
CY2017 | us-gaap |
Interest Paid Net
InterestPaidNet
|
931000 | USD |
CY2018 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2230000 | USD |
CY2017Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
35000 | USD |
CY2018Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
48000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
3793000 | USD |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
3558000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
3532000 | USD |
CY2018Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
2872000 | USD |
CY2017Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
226000 | USD |
CY2018Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
638000 | USD |
CY2016 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
8000 | USD |
CY2017 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
14000 | USD |
CY2018 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
897000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
32037000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
16458000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
54577000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
118689000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
13090000 | USD |
CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
14792000 | USD |
CY2017Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2059000 | USD |
CY2018Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1666000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
8397000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
3884000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-8576000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
29704000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
18577000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
58863000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1415000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1510000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-67027000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-19892000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13183000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-412000 | USD |
CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
287000 | USD |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-19566000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9778000 | USD |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2388000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5407000 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-17286000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7659000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4651000 | USD |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1069000 | USD |
CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5242000 | USD |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8137000 | USD |
CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-27145000 | USD |
CY2017 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-17286000 | USD |
CY2018 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8137000 | USD |
CY2016 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-321000 | USD |
CY2017 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2302000 | USD |
CY2018 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4228000 | USD |
CY2018 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2016 | us-gaap |
Operating Expenses
OperatingExpenses
|
45321000 | USD |
CY2017 | us-gaap |
Operating Expenses
OperatingExpenses
|
48554000 | USD |
CY2018 | us-gaap |
Operating Expenses
OperatingExpenses
|
62606000 | USD |
CY2016Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1191000 | USD |
CY2016 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-19245000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9623000 | USD |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2521000 | USD |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4031000 | USD |
CY2017 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-14984000 | USD |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4322000 | USD |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4246000 | USD |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1336000 | USD |
CY2018Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
5995000 | USD |
CY2018 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3909000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
15386000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
4879000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
68000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
966000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
4754000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
4719000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
0 | USD |
CY2016 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
4800000 | USD |
CY2017 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
5600000 | USD |
CY2018 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
5500000 | USD |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1581000 | USD |
CY2018Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
2847000 | USD |
CY2016 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
0 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
0 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-39000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
181000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
188000 | USD |
CY2016 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-314000 | USD |
CY2017 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1107000 | USD |
CY2018 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1732000 | USD |
CY2016 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2017 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
583000 | USD |
CY2018 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
710000 | USD |
CY2016 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
213000 | USD |
CY2017 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
30000 | USD |
CY2018 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
CY2016 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1415000 | USD |
CY2017 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1510000 | USD |
CY2018 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2678000 | USD |
CY2016 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
0 | USD |
CY2017 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
0 | USD |
CY2018 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
66549000 | USD |
CY2016 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
7579000 | USD |
CY2017 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
CY2018 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
70028000 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
190000 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
207000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
19455000 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
8220000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
4361000 | USD |
CY2016 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
0 | USD |
CY2017 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
0 | USD |
CY2018 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
2200000 | USD |
CY2016 | us-gaap |
Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
|
12710000 | USD |
CY2017 | us-gaap |
Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
|
14793000 | USD |
CY2018 | us-gaap |
Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD |
CY2017 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
4010000 | USD |
CY2018 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
2716000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
10692000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
13411000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4071000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5906000 | USD |
CY2018Q4 | us-gaap |
Purchase Obligation
PurchaseObligation
|
2761000 | USD |
CY2018Q4 | us-gaap |
Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
|
0 | USD |
CY2018Q4 | us-gaap |
Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
|
0 | USD |
CY2018Q4 | us-gaap |
Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
|
635000 | USD |
CY2018Q4 | us-gaap |
Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
|
741000 | USD |
CY2018Q4 | us-gaap |
Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
|
711000 | USD |
CY2015Q4 | us-gaap |
Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
|
600000 | USD |
CY2018Q4 | us-gaap |
Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
|
674000 | USD |
CY2016 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
38000 | USD |
CY2017 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
7151000 | USD |
CY2018 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
17532000 | USD |
CY2016 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
2400000 | USD |
CY2017 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
889000 | USD |
CY2018 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | USD |
CY2016 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
15295000 | USD |
CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
12944000 | USD |
CY2018 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13599000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-360877000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-369000000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-369014000 | USD |
CY2016 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
54383000 | USD |
CY2017 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
62760000 | USD |
CY2018 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
90857000 | USD |
CY2016Q4 | us-gaap |
Revenues
Revenues
|
23350000 | USD |
CY2016 | us-gaap |
Revenues
Revenues
|
54383000 | USD |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
9361000 | USD |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
16953000 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
14260000 | USD |
CY2017 | us-gaap |
Revenues
Revenues
|
63924000 | USD |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
18027000 | USD |
CY2018Q2 | us-gaap |
Revenues
Revenues
|
19011000 | USD |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
22484000 | USD |
CY2018Q4 | us-gaap |
Revenues
Revenues
|
31335000 | USD |
CY2018 | us-gaap |
Revenues
Revenues
|
90857000 | USD |
CY2016 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
27388000 | USD |
CY2017 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
35610000 | USD |
CY2018 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
49007000 | USD |
CY2016 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2499000 | USD |
CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2680000 | USD |
CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7223000 | USD |
CY2017Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
0 | USD |
CY2018Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
64638000 | USD |
CY2016 | us-gaap |
Stock Issued1
StockIssued1
|
3150000 | USD |
CY2017 | us-gaap |
Stock Issued1
StockIssued1
|
38389000 | USD |
CY2018 | us-gaap |
Stock Issued1
StockIssued1
|
0 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
0 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
0 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
467000 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
425000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
656000 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
18868000 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
7188000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
70028000 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
120000 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
608000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3705000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
22130000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
24708000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
22540000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
102231000 | USD |
CY2018 | us-gaap |
Unrealized Loss On Securities
UnrealizedLossOnSecurities
|
39000 | USD |
CY2018 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
1700000 | USD |
CY2017Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
397000 | USD |
CY2018Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
104000 | USD |
CY2016 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
23093000 | shares |
CY2017 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
33355000 | shares |
CY2018 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
40242000 | shares |
CY2018 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vericel Corporation, a Michigan corporation (together with its consolidated subsidiaries referred to herein as the Company, Vericel, we, us or our), was incorporated in March 1989 and began employee-based operations in 1991. On May 30, 2014, Vericel completed the acquisition of certain assets and assumed certain liabilities of Sanofi, a French </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">société anonyme</font><font style="font-family:inherit;font-size:10pt;"> (Sanofi), including all of the outstanding equity interests of Genzyme Biosurgery ApS (Genzyme Denmark or the Danish subsidiary) (now known as Vericel Denmark ApS), a wholly-owned subsidiary of Sanofi, and a portfolio of patents and patent applications of Sanofi and certain of its subsidiaries for purposes of acquiring the portion of the cell therapy and regenerative medicine business (the CTRM Business), related to the MACI</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;">, Carticel</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> and Epicel</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> products. The Company is a fully integrated, commercial-stage biopharmaceutical company and currently markets MACI</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> and Epicel</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> in the U.S. The Company is a leader in advanced cell therapies for the sports medicine and severe burn care markets. MACI</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> (autologous cultured chondrocytes on porcine collagen membrane) is an autologous cellularized scaffold product indicated for the repair of symptomatic, single or multiple full-thickness cartilage defects of the knee with or without bone involvement in adults that was approved by the FDA on December 13, 2016. The first shipment and implantation of MACI occurred on January 31, 2017. At the end of the second quarter of 2017, the Company removed Carticel</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> (autologous cultured chondrocytes), an earlier generation ACI product, from the market. The Company also markets Epicel</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> (cultured epidermal autografts), a permanent skin replacement Humanitarian Use Device (HUD) for the treatment of adult and pediatric patients with deep-dermal or full-thickness burns comprising greater than or equal to 30 percent of total body surface area (TBSA). The Company operates its business primarily in the U.S. in </font><font style="font-family:inherit;font-size:10pt;">1</font><font style="font-family:inherit;font-size:10pt;"> reportable segment — the research, product development, manufacture and distribution of cellular therapies for use in the treatment of specific diseases.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#222222;">The accompanying consolidated financial statements have been prepared on a basis which assumes that the Company will continue as a going concern and contemplates the realization of assets and satisfaction of liabilities and commitments in the normal course of business.  As of </font><font style="font-family:inherit;font-size:10pt;color:#222222;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;color:#222222;">, the Company has an accumulated deficit of </font><font style="font-family:inherit;font-size:10pt;color:#222222;">$369.0 million</font><font style="font-family:inherit;font-size:10pt;color:#222222;"> and had a net loss of </font><font style="font-family:inherit;font-size:10pt;color:#222222;">$8.1 million</font><font style="font-family:inherit;font-size:10pt;color:#222222;"> during 2018.  The Company had cash and cash equivalents of </font><font style="font-family:inherit;font-size:10pt;color:#222222;">$18.3 million</font><font style="font-family:inherit;font-size:10pt;color:#222222;"> and short term investments of </font><font style="font-family:inherit;font-size:10pt;color:#222222;">$64.6</font><font style="font-family:inherit;font-size:10pt;color:#222222;"> million as of </font><font style="font-family:inherit;font-size:10pt;color:#222222;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;color:#222222;">. On December 19, 2018, the Company terminated and prepaid in full all outstanding indebtedness under the Loan and Security Agreement dated as of September 9, 2016 as amended, by and between the Company, Silicon Valley Bank as Agent and Silicon Valley Bank, MidCap Financial Trust, MidCap Funding III Trust (SVB and MidCap) and other lenders listed therein as lenders (SVB Loan Agreement). The Company expects that existing cash, cash equivalents and short term investments will be sufficient to support the Company's </font><font style="font-family:inherit;font-size:10pt;">current operations through at least February 2020.</font><font style="font-family:inherit;font-size:10pt;color:#222222;"> The Company may seek additional funding through debt or equity financings.  However, the Company may not be able to obtain financing on acceptable terms or at all. The terms of any financing may adversely affect the holdings or the rights of the Company's shareholders.</font></div></div> | |
CY2018 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reported period. Actual results could differ from those estimates.</font></div></div> |