2023 Q4 Form 20-F Financial Statement

#000110465924051949 Filed on April 25, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $1.189B $2.493B
YoY Change 30.58% -22.87%
Cost Of Revenue $906.3M $1.924B
YoY Change 29.31% -22.91%
Gross Profit $282.7M $569.5M
YoY Change 34.84% -22.73%
Gross Profit Margin 23.78% 22.84%
Selling, General & Admin $230.9M $483.3M
YoY Change 15.47% -34.39%
% of Gross Profit 81.68% 84.86%
Research & Development $113.4M $222.9M
YoY Change 51.88% -25.68%
% of Gross Profit 40.12% 39.14%
Depreciation & Amortization $9.138M
YoY Change -28.78%
% of Gross Profit 1.6%
Operating Expenses $333.7M $688.7M
YoY Change 24.06% -32.11%
Operating Profit -$50.95M -$119.2M
YoY Change -14.06% -57.03%
Interest Expense $14.30M $29.89M
YoY Change 599.17% 188.32%
% of Operating Profit
Other Income/Expense, Net -$175.0K $1.664M
YoY Change -126.68% -33.09%
Pretax Income -$36.83M -$87.60M
YoY Change -34.92% -66.88%
Income Tax -$4.778M $1.735M
% Of Pretax Income
Net Earnings -$29.75M -$84.67M
YoY Change -72.03% -69.27%
Net Earnings / Revenue -2.5% -3.4%
Basic Earnings Per Share -$0.41
Diluted Earnings Per Share -$0.14 -$0.41
COMMON SHARES
Basic Shares Outstanding 206.4M
Diluted Shares Outstanding 206.4M

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $957.9M $957.9M
YoY Change -13.37% -13.37%
Cash & Equivalents $491.7M $491.7M
Short-Term Investments $466.2M $466.2M
Other Short-Term Assets $331.3M $331.3M
YoY Change -4.75% -4.75%
Inventory $442.2M $442.2M
Prepaid Expenses
Receivables $551.0M $551.0M
Other Receivables $224.0K $224.0K
Total Short-Term Assets $2.283B $2.283B
YoY Change -11.63% -11.63%
LONG-TERM ASSETS
Property, Plant & Equipment $407.1M $407.1M
YoY Change 30.69% 30.69%
Goodwill
YoY Change
Intangibles $1.535M
YoY Change -22.55%
Long-Term Investments $23.84M $23.84M
YoY Change -20.54% -20.54%
Other Assets $29.81M $29.81M
YoY Change -16.05% -16.05%
Total Long-Term Assets $471.7M $471.7M
YoY Change 20.72% 20.72%
TOTAL ASSETS
Total Short-Term Assets $2.283B $2.283B
Total Long-Term Assets $471.7M $471.7M
Total Assets $2.754B $2.754B
YoY Change -7.38% -7.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $666.3M $666.3M
YoY Change -28.53% -28.53%
Accrued Expenses $304.6M $304.6M
YoY Change -3.55% -3.55%
Deferred Revenue $18.50M
YoY Change 7.79%
Short-Term Debt $118.5M $118.5M
YoY Change 925.87% 925.87%
Long-Term Debt Due $28.03M $28.03M
YoY Change 38.65% 38.65%
Total Short-Term Liabilities $1.267B $1.267B
YoY Change -10.49% -10.49%
LONG-TERM LIABILITIES
Long-Term Debt $128.7M $128.7M
YoY Change 12.35% 12.35%
Other Long-Term Liabilities $15.48M $15.48M
YoY Change 2.94% 2.94%
Total Long-Term Liabilities $144.2M $144.2M
YoY Change 11.26% 11.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.267B $1.267B
Total Long-Term Liabilities $144.2M $144.2M
Total Liabilities $1.407B $1.407B
YoY Change -8.73% -8.73%
SHAREHOLDERS EQUITY
Retained Earnings $12.64M
YoY Change -50.02%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.348B $1.348B
YoY Change
Total Liabilities & Shareholders Equity $2.754B $2.754B
YoY Change -7.38% -7.38%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$29.75M -$84.67M
YoY Change -72.03% -69.27%
Depreciation, Depletion And Amortization $9.138M
YoY Change -28.78%
Cash From Operating Activities -$14.54M
YoY Change -64.71%
INVESTING ACTIVITIES
Capital Expenditures $15.51M
YoY Change -45.29%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$28.02M
YoY Change -161.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 16.29M
YoY Change -1.06%
NET CHANGE
Cash From Operating Activities -14.54M
Cash From Investing Activities -28.02M
Cash From Financing Activities 16.29M
Net Change In Cash -24.91M
YoY Change -190.23%
FREE CASH FLOW
Cash From Operating Activities -$14.54M
Capital Expenditures $15.51M
Free Cash Flow -$30.05M
YoY Change -56.8%

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CY2023 us-gaap Income Taxes Paid
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
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16075000
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
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7498000
CY2023 viot Entity Incorporation Date Of Incorporation Month And Year
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2015-01
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CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2018Q3 viot Surrender Of Outstanding Shares After Share Split
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90
CY2023 us-gaap Use Of Estimates
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<table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin-bottom:12pt;margin-top:0pt;"><span style="font-style:italic;">(c)</span></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin-bottom:12pt;margin-top:0pt;"><span style="font-style:italic;">Use of estimates</span></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 36pt;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and accompanying notes. Significant accounting estimates reflected in the Group’s consolidated financial statements include sales returns, inventory valuation, product warranties, share-based compensation, allowance for doubtful accounts and the valuation allowance for deferred tax assets and income tax. Actual results could differ from those estimates, and such differences may be material to the consolidated financial statements.</p>
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CY2022 viot Impairment Of Long Lived Assets
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CY2023 viot Impairment Of Long Lived Assets
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CY2023 viot Estimated Useful Lives Of Land Use Rights
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023 viot Number Of Installment Payments From Customer
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CY2023 viot Percentage Of Estimated Profit Margin Based On Consideration Of Specific And Relevant Market Factors
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CY2021 viot Contract With Customer Expected Sales Return
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CY2022 viot Contract With Customer Expected Sales Return
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2351000
CY2023 viot Contract With Customer Expected Sales Return
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CY2022Q4 us-gaap Contract With Customer Right To Recover Product
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CY2023Q4 us-gaap Contract With Customer Right To Recover Product
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CY2022Q4 us-gaap Contract With Customer Refund Liability
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2656000
CY2023Q4 us-gaap Contract With Customer Refund Liability
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CY2019Q2 viot Value Added Tax Rate
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CY2022Q4 us-gaap Accounts Receivable Net
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2023 us-gaap Provision For Doubtful Accounts
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CY2022Q4 us-gaap Contract With Customer Liability
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CY2023Q4 us-gaap Contract With Customer Liability
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CY2022 us-gaap Marketing And Advertising Expense
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CY2023 us-gaap Marketing And Advertising Expense
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CY2021 viot Shipping Expense
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248609000
CY2022 viot Shipping Expense
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200695000
CY2023 viot Shipping Expense
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109835000
CY2021 viot Government Subsidy Income
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30147000
CY2022 viot Government Subsidy Income
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23192000
CY2023 viot Government Subsidy Income
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CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2021 viot Statutory Reserve Funds
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CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2023 us-gaap Provision For Loan Losses Expensed
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CY2023 us-gaap Financing Receivable Allowance For Credit Losses Recovery
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CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2023Q4 us-gaap Restricted Cash Current
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CY2022Q4 viot Restricted Cash Held For Issuing Bank Acceptance Bills Current
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56655000
CY2023Q4 viot Restricted Cash Held For Issuing Bank Acceptance Bills Current
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119934000
CY2022Q4 viot Restricted Cash Held For Issuing Bank Acceptance Bills Current
RestrictedCashHeldForIssuingBankAcceptanceBillsCurrent
56655000
CY2023Q4 viot Restricted Cash Held For Issuing Bank Acceptance Bills Current
RestrictedCashHeldForIssuingBankAcceptanceBillsCurrent
119934000
CY2022Q4 viot Restricted Cash Attributable To Judicial Frozen Funds Current
RestrictedCashAttributableToJudicialFrozenFundsCurrent
19415000
CY2023Q4 viot Restricted Cash Attributable To Judicial Frozen Funds Current
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24706000
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207078000
CY2023Q4 us-gaap Inventory Finished Goods
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295967000
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349226000
CY2023Q4 us-gaap Inventory Raw Materials
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CY2023Q4 us-gaap Inventory Gross
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54013000
CY2023Q4 us-gaap Inventory Valuation Reserves
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66034000
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CY2023Q4 us-gaap Inventory Net
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CY2023Q4 us-gaap Supplies
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113634000
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CY2023Q4 us-gaap Other Receivables
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73110000
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15976000
CY2023Q4 viot Prepayments For Equipment
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15855000
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5234000
CY2023Q4 viot Lease Hold Improvement
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2389000
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1351000
CY2023Q4 viot Expected Return Assets
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508000
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196892000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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212644000
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236432000
CY2023Q4 us-gaap Property Plant And Equipment Net
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342985000
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55124000
CY2022 us-gaap Depreciation
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CY2022 us-gaap Tangible Asset Impairment Charges
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CY2023 us-gaap Tangible Asset Impairment Charges
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63618000
CY2023Q4 viot Land Use Rights Gross
LandUseRightsGross
63618000
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3169000
CY2023Q4 viot Land Use Rights Accumulated Amortization
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4441000
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60449000
CY2023Q4 viot Land Use Rights Net
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59177000
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1273000
CY2023 viot Amortization Of Land Use Rights
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35213000
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76468000
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76521000
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29533000
CY2023Q4 viot Freight Payable Current
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18556000
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DepositsFromSuppliersCurrent
36909000
CY2023Q4 viot Deposits From Suppliers Current
DepositsFromSuppliersCurrent
43872000
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6609000
CY2023Q4 viot Installation Fee Payables Current
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7243000
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28292000
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35213000
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47124000
CY2023Q4 us-gaap Accrued Marketing Costs Current
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23657000
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16075000
CY2023Q4 viot Payments For Purchase Of Property Current
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53235000
CY2022Q4 us-gaap Taxes Payable Current
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3474000
CY2023Q4 us-gaap Taxes Payable Current
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1572000
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4265000
CY2023Q4 us-gaap Accrued Professional Fees Current
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6866000
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2656000
CY2023Q4 us-gaap Contract With Customer Refund Liability Current
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948000
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65685000
CY2023Q4 us-gaap Other Accrued Liabilities Current
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CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
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317090000
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
314980000
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8245000
CY2023Q4 viot Accrued Expenses And Other Liabilities Non Current
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12766000
CY2022Q4 viot Accrued Liabilities And Other Liabilities Current
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308845000
CY2023Q4 viot Accrued Liabilities And Other Liabilities Current
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302214000
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CY2022 us-gaap Standard Product Warranty Accrual Warranties Issued
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51161000
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51665000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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23658000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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22644000
CY2023 us-gaap Deferred Income Tax Expense Benefit
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1670000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5739000
CY2022 us-gaap Income Tax Expense Benefit
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18174000
CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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5504000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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7730000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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161864000
CY2021 viot Income Tax Reconciliation Tax Holidays Expense Benefit
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-16872000
CY2022 viot Income Tax Reconciliation Tax Holidays Expense Benefit
IncomeTaxReconciliationTaxHolidaysExpenseBenefit
6310000
CY2023 viot Income Tax Reconciliation Tax Holidays Expense Benefit
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-6743000
CY2021 viot Income Tax Reconciliation Tax Effect Of Permanent Differences
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CY2022 viot Income Tax Reconciliation Tax Effect Of Permanent Differences
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CY2023 viot Income Tax Reconciliation Tax Effect Of Permanent Differences
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-18621000
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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22153000
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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107603000
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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46724000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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7111000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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2934000
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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16000
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-2008000
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-2009000
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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2258000
CY2021 us-gaap Income Tax Expense Benefit
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5739000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18174000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1735000
CY2021 viot Income Tax Holiday Income Tax Benefits Per Share Basic
IncomeTaxHolidayIncomeTaxBenefitsPerShareBasic
0.02
CY2022 viot Income Tax Holiday Income Tax Benefits Per Share Basic
IncomeTaxHolidayIncomeTaxBenefitsPerShareBasic
0.06
CY2023 viot Income Tax Holiday Income Tax Benefits Per Share Basic
IncomeTaxHolidayIncomeTaxBenefitsPerShareBasic
0.01
CY2021 viot Income Tax Holiday Income Tax Benefits Per Share Diluted
IncomeTaxHolidayIncomeTaxBenefitsPerShareDiluted
0.02
CY2022 viot Income Tax Holiday Income Tax Benefits Per Share Diluted
IncomeTaxHolidayIncomeTaxBenefitsPerShareDiluted
0.06
CY2023 viot Income Tax Holiday Income Tax Benefits Per Share Diluted
IncomeTaxHolidayIncomeTaxBenefitsPerShareDiluted
0.01
CY2022Q4 viot Deferred Tax Assets Accruals Expenses And Other
DeferredTaxAssetsAccrualsExpensesAndOther
21935000
CY2023Q4 viot Deferred Tax Assets Accruals Expenses And Other
DeferredTaxAssetsAccrualsExpensesAndOther
22219000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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151463000
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
193865000
CY2022Q4 us-gaap Deferred Tax Assets Inventory
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1040000
CY2023Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
3397000
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
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86000
CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
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97000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
174524000
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
219578000
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
208588000
CY2022Q4 us-gaap Deferred Tax Assets Net
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12660000
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
10990000
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
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0.0001
CY2018Q3 us-gaap Stock Issued During Period Shares Stock Splits
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10
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.00001
CY2018Q3 viot Surrendered Percentage Of Ordinary Shares Outstanding After Share Split
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0.90
CY2023 us-gaap Common Stock Conversion Basis
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IPO, 16,145,454 issued Class A Ordinary Shares held by certain key management founders, 33,818,182 issued Pre-IPO Class B Ordinary Shares held by Red Better, and 67,636,364 issued Pre-IPO Class B Ordinary Shares held by Mr. Chen’s wholly-owned entity Viomi Limited was automatically converted by way of re-designation and re-classification into Class B Ordinary Shares on a one-for-one basis, and the rest of the outstanding Class A Ordinary Shares, the rest of the outstanding Pre-IPO Class B Ordinary Shares, and all outstanding Series A Preferred Shares was automatically converted by way of re-designation and re-classification into Class A Ordinary Shares on a one-for-one basis.
CY2021 us-gaap Allocated Share Based Compensation Expense
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47405000
CY2022 us-gaap Allocated Share Based Compensation Expense
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19560000
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0
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P10Y
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0.12
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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0.74
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y29D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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30299000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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3840000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.10
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
4709197
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.81
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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3011064
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.43
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22226338
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
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209551821
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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208341011
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
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206360586
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y4M28D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
26813000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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1010000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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1.10
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2537466
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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0.98
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.44
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.81
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y5M26D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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22974000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
5047307
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.78
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
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176883
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.03
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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14518426
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.83
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y6M29D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
15552713000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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10480426
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.72
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y11M15D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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12576573000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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3634200
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
1.10
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y2M1D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2678526000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.66
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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1.1
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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21025000
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
5454000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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88605000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021 viot Dilutive Effect Of Share Options
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11184176
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220735997
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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208341011
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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206360586
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-0.41
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P2Y2M12D
CY2022 us-gaap Operating Lease Cost
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11506000
CY2023 us-gaap Operating Lease Cost
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7392000
CY2022 us-gaap Short Term Lease Cost
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312000
CY2023 us-gaap Short Term Lease Cost
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26000
CY2022 us-gaap Lease Cost
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11818000
CY2023 us-gaap Lease Cost
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7418000
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7818000
CY2023 us-gaap Operating Lease Payments
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7376000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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6080000
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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1629000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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3738000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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1942000
CY2023Q4 viot Lessee Operating Lease Liability Payments Due After Year Two
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999000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
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6679000
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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1556000
CY2023Q4 us-gaap Operating Lease Liability
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5123000
CY2023Q4 us-gaap Operating Lease Liability Current
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2410000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
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2713000
CY2022Q4 viot Lessee Operating Lease Liability Short Term Lease And Leases Not Yet Commenced Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityShortTermLeaseAndLeasesNotYetCommencedPaymentsDueNextTwelveMonths
0
CY2022 viot Capital Expenditures Contracted For But Not Recognized
CapitalExpendituresContractedForButNotRecognized
89029000
CY2023 viot Capital Expenditures Contracted For But Not Recognized
CapitalExpendituresContractedForButNotRecognized
42185000
CY2022Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
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115751000
CY2023Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
110705000

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