2022 Q3 Form 10-Q Financial Statement

#000149315222022771 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $7.114M $6.756M $7.154M
YoY Change -36.48% -10.52% 74.91%
Cost Of Revenue $3.616M $3.186M $3.423M
YoY Change -14.39% -10.58% 54.89%
Gross Profit $3.498M $3.570M $3.731M
YoY Change -49.86% -10.46% 98.46%
Gross Profit Margin 49.17% 52.84% 52.15%
Selling, General & Admin $4.624M $4.439M $4.910M
YoY Change 2.6% 18.34% 34.52%
% of Gross Profit 132.19% 124.34% 131.6%
Research & Development $885.0K $1.151M $1.118M
YoY Change 5.23% 60.31% 86.33%
% of Gross Profit 25.3% 32.24% 29.97%
Depreciation & Amortization $502.0K $465.0K $457.0K
YoY Change 46.36% 80.93% 75.77%
% of Gross Profit 14.35% 13.03% 12.25%
Operating Expenses $885.0K $1.151M $6.485M
YoY Change -84.45% 60.31% 43.79%
Operating Profit -$2.808M -$2.586M -$2.754M
YoY Change -318.52% 188.29% 4.71%
Interest Expense -$3.000K -$5.000K $0.00
YoY Change -108.2% -100.0%
% of Operating Profit
Other Income/Expense, Net $14.00K $4.000K $32.00K
YoY Change 1300.0% -93.65%
Pretax Income -$2.794M -$2.582M -$2.818M
YoY Change -513.31% 209.59% 5.54%
Income Tax -$54.00K -$56.00K -$51.00K
% Of Pretax Income
Net Earnings -$2.740M -$2.526M -$2.767M
YoY Change -505.33% 202.88% 3.63%
Net Earnings / Revenue -38.52% -37.39% -38.68%
Basic Earnings Per Share -$0.06 -$0.05 -$1.20
Diluted Earnings Per Share -$57.79K -$54.80K -$60.39K
COMMON SHARES
Basic Shares Outstanding 47.42M shares 46.10M shares 2.291M shares
Diluted Shares Outstanding 2.370M shares 2.305K shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.48M $26.88M $31.02M
YoY Change -35.69% -51.57% -48.19%
Cash & Equivalents $24.48M $26.88M $31.02M
Short-Term Investments
Other Short-Term Assets $1.577M $2.202M $2.060M
YoY Change -39.49% -3.17% 63.49%
Inventory $15.07M $14.73M $13.76M
Prepaid Expenses
Receivables $9.386M $8.673M $9.436M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $50.51M $52.48M $56.28M
YoY Change -13.68% -31.44% -22.68%
LONG-TERM ASSETS
Property, Plant & Equipment $1.361M $1.365M $2.648M
YoY Change -38.28% -35.83% 22.59%
Goodwill
YoY Change
Intangibles $4.648M $5.101M
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $7.133M $7.726M $8.162M
YoY Change -60.13% 112.54% 111.45%
TOTAL ASSETS
Total Short-Term Assets $50.51M $52.48M $56.28M
Total Long-Term Assets $7.133M $7.726M $8.162M
Total Assets $57.64M $60.21M $64.44M
YoY Change -24.56% -24.91% -15.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.979M $2.738M $2.835M
YoY Change 14.71% -6.74% -2.24%
Accrued Expenses $1.788M $1.600M $3.237M
YoY Change -57.92% -45.47% 17.71%
Deferred Revenue $2.163M $1.446M
YoY Change
Short-Term Debt $251.0K $584.0K $0.00
YoY Change -35.97% -14.37%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.632M $6.832M $7.680M
YoY Change -12.86% -48.03% -11.93%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.152M $1.317M $1.494M
YoY Change -0.95% 0.38% 3.75%
Total Long-Term Liabilities $1.152M $1.317M $1.494M
YoY Change -0.95% 0.38% 3.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.632M $6.832M $7.680M
Total Long-Term Liabilities $1.152M $1.317M $1.494M
Total Liabilities $9.602M $9.021M $10.10M
YoY Change -3.22% -37.61% -0.59%
SHAREHOLDERS EQUITY
Retained Earnings -$294.6M -$291.8M
YoY Change
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $277.0K $277.0K
YoY Change
Treasury Stock Shares 2.659K shares 2.659K shares
Shareholders Equity $48.04M $51.19M $54.35M
YoY Change
Total Liabilities & Shareholders Equity $57.64M $60.21M $64.44M
YoY Change -24.56% -24.91% -15.92%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$2.740M -$2.526M -$2.767M
YoY Change -505.33% 202.88% 3.63%
Depreciation, Depletion And Amortization $502.0K $465.0K $457.0K
YoY Change 46.36% 80.93% 75.77%
Cash From Operating Activities -$3.529M -$3.359M -$4.879M
YoY Change -70680.0% -13.74% 12.42%
INVESTING ACTIVITIES
Capital Expenditures -$54.00K -$89.00K -$209.0K
YoY Change 50.0% 23.61% 318.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$54.00K -$89.00K -$209.0K
YoY Change -99.69% 23.61% 318.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -333.0K -359.0K -99.00K
YoY Change 608.51% -14.11% -100.17%
NET CHANGE
Cash From Operating Activities -3.529M -3.359M -4.879M
Cash From Investing Activities -54.00K -89.00K -209.0K
Cash From Financing Activities -333.0K -359.0K -99.00K
Net Change In Cash -3.916M -3.807M -5.187M
YoY Change -77.53% -13.16% -109.49%
FREE CASH FLOW
Cash From Operating Activities -$3.529M -$3.359M -$4.879M
Capital Expenditures -$54.00K -$89.00K -$209.0K
Free Cash Flow -$3.475M -$3.270M -$4.670M
YoY Change -8575.61% -14.44% 8.86%

Facts In Submission

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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-834000 usd
us-gaap Net Income Loss
NetIncomeLoss
-5293000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3501000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46097000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46650000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45960000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41145000 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2526000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-834000 usd
us-gaap Net Income Loss
NetIncomeLoss
-5293000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3501000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-871000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-29000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-1139000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
14000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1655000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-805000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4154000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3515000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
54345000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2526000 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-871000 usd
CY2022Q2 VISL Satisfaction Of Accounts Payable Vendor Balance
SatisfactionOfAccountsPayableVendorBalance
31000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
208000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
51187000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
56633000 usd
us-gaap Net Income Loss
NetIncomeLoss
-5293000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-1139000 usd
VISL Satisfaction Of Accounts Payable Vendor Balance
SatisfactionOfAccountsPayableVendorBalance
31000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
955000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
51187000 usd
VISL Common Stock Issued From Exercise Of Warrants
CommonStockIssuedFromExerciseOfWarrants
2000 usd
VISL Issuance Of Common Stock In Connection With Warrants Issued In Settlement Agreement
IssuanceOfCommonStockInConnectionWithWarrantsIssuedInSettlementAgreement
74000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
74000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
65723000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
65723000 usd
us-gaap Net Income Loss
NetIncomeLoss
-5293000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3501000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
9000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
66494000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-834000 usd
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
29000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
40000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
65723000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
9997000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
9997000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3501000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-14000 usd
VISL Stock Issued During Period Value Exchange For Payment Of Offering Costs
StockIssuedDuringPeriodValueExchangeForPaymentOfOfferingCosts
59091000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
194000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-107000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
955000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
74000 usd
VISL Stock Issuance Commitments
StockIssuanceCommitments
200000 usd
VISL Stock Issuance Commitments
StockIssuanceCommitments
100000 usd
VISL Warrants Issued In Settlement Agreements
WarrantsIssuedInSettlementAgreements
74000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
200000 usd
VISL Recovery Of Bad Debt
RecoveryOfBadDebt
38000 usd
VISL Recovery Of Bad Debt
RecoveryOfBadDebt
167000 usd
us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
197000 usd
us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
311000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
104000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
109000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
922000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
517000 usd
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
17000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-111000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4523000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3934000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3988000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1118000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
359000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
202000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1075000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1749000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-14000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-286000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-222000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-646000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4407000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8238000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8234000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
298000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
122000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-298000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-122000 usd
us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
62663000 usd
VISL Proceeds From Other Connection With Equity Financing
ProceedsFromOtherConnectionWithEquityFinancing
-3572000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2000 usd
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
458000 usd
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
441000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-458000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
58652000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-358000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9352000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
50311000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
36231000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5190000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
26879000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
55501000 usd
us-gaap Interest Paid Net
InterestPaidNet
6000 usd
us-gaap Interest Paid Net
InterestPaidNet
13000 usd
us-gaap Notes Issued1
NotesIssued1
943000 usd
us-gaap Notes Issued1
NotesIssued1
1098000 usd
VISL Settlement Of Amounts Due To Related Parties
SettlementOfAmountsDueToRelatedParties
74000 usd
VISL Settlement Of Accounts Payable
SettlementOfAccountsPayable
31000 usd
VISL Operating Lease Asset Amortization
OperatingLeaseAssetAmortization
104000 usd
VISL Operating Lease Asset Amortization
OperatingLeaseAssetAmortization
109000 usd
VISL Rou Assets And Operating Lease Obligations Recognized
ROUAssetsAndOperatingLeaseObligationsRecognized
-104000 usd
VISL Rou Assets And Operating Lease Obligations Recognized
ROUAssetsAndOperatingLeaseObligationsRecognized
-109000 usd
VISL Noncash Changes To Operating Lease Liabilities Accretion
NoncashChangesToOperatingLeaseLiabilitiesAccretion
286000 usd
VISL Noncash Changes To Operating Lease Liabilities Accretion
NoncashChangesToOperatingLeaseLiabilitiesAccretion
222000 usd
VISL Recognization Of Operating Lease Liabilities
RecognizationOfOperatingLeaseLiabilities
-286000 usd
VISL Recognization Of Operating Lease Liabilities
RecognizationOfOperatingLeaseLiabilities
-222000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84C_eus-gaap--UseOfEstimates_znvRc0EMDdVg" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86E_zFtckbEnWpOe">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities in the consolidated financial statements. Significant accounting estimates reflected in the Company’s consolidated financial statements include the useful lives of property, plant, and equipment, the useful lives of right-of-use assets, the useful lives of intangible assets, impairment of long-lived assets, allowance for accounts receivable doubtful accounts, allowance for inventory obsolescence reserve, allowance for deferred tax assets, valuation of warranty reserves, contingent consideration liabilities, and the accrual of potential liabilities. These estimates also affect the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from estimates, and any such differences may be material to our financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9706000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9436000 shares
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-21000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
20000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
63000 usd
CY2022Q2 VISL Accumulated Comprehensive Income Unrealized Loss On Currency Translation Adjustment
AccumulatedComprehensiveIncomeUnrealizedLossOnCurrencyTranslationAdjustment
-871000 usd
CY2021Q2 VISL Accumulated Comprehensive Income Unrealized Loss On Currency Translation Adjustment
AccumulatedComprehensiveIncomeUnrealizedLossOnCurrencyTranslationAdjustment
-29000 usd
VISL Accumulated Comprehensive Income Unrealized Loss On Currency Translation Adjustment
AccumulatedComprehensiveIncomeUnrealizedLossOnCurrencyTranslationAdjustment
-1139000 usd
VISL Accumulated Comprehensive Income Unrealized Loss On Currency Translation Adjustment
AccumulatedComprehensiveIncomeUnrealizedLossOnCurrencyTranslationAdjustment
-14000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-5400000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8200000 usd
CY2022Q2 VISL Working Capital
WorkingCapital
45700000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-291800000 usd
CY2022Q2 us-gaap Cash
Cash
26900000 usd
CY2021Q3 VISL Business Combination Consideration Transferred Cash
BusinessCombinationConsiderationTransferredCash
18311000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
965000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
911000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
3765000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
513000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
149000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
507000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
551000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Revenue
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue
293000 usd
CY2021Q3 VISL Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredTaxLiabilities
978000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
3974000 usd
CY2021Q3 VISL Business Combination Consideration Paid
BusinessCombinationConsiderationPaid
18311000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
3974000 usd
CY2021Q3 VISL Excess Of Consideration Paid Over Net Assets Acquired
ExcessOfConsiderationPaidOverNetAssetsAcquired
14337000 usd
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
14337000 usd
CY2021Q3 VISL Increase In Inventory
IncreaseInInventory
1230000 usd
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
110000 usd
CY2021Q3 VISL Increased Reciprocal Of Inventory
IncreasedReciprocalOfInventory
110000 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
8746 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
14031 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-746 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-3324 usd
CY2021Q2 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
-0.02
us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
-0.08
CY2021Q2 us-gaap Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
46650 shares
us-gaap Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
41145 shares
CY2021Q4 VISL Beginning Balance Cost Accumulated Amortization
BeginningBalanceCostAccumulatedAmortization
5921000 usd
VISL Amortization Cost Accumulated Amortization
AmortizationCostAccumulatedAmortization
-820000 usd
CY2022Q2 VISL Ending Balance Cost Accumulated Amortization
EndingBalanceCostAccumulatedAmortization
5101000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5101000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5921000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
413000 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
203000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
820000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
413000 usd
us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P5Y3M18D
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
856000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
652000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
652000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
612000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
550000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1779000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5101000 usd
VISL Remaining Debt Principal Payment
RemainingDebtPrincipalPayment
584000 usd
CY2021 VISL Remaining Debt Principal Payment
RemainingDebtPrincipalPayment
99000000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.094 pure
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1260000 usd
CY2022Q2 VISL Right Of Use Assets Accumulated Depreciation
RightOfUseAssetsAccumulatedDepreciation
1130000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1780000 usd
CY2022Q2 VISL Operating Lease Liability Obligations Current
OperatingLeaseLiabilityObligationsCurrent
470000 usd
CY2022Q2 VISL Operating Lease Liability Long Term
OperatingLeaseLiabilityLongTerm
1310000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2022Q2 us-gaap Payments For Rent
PaymentsForRent
1320 gbp
CY2022Q2 us-gaap Payments For Rent
PaymentsForRent
1800 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
114000 usd
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
90000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
233000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
215000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
10000 usd
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
97000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
159000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
237000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
124000 usd
CY2021Q2 us-gaap Lease Cost
LeaseCost
187000 usd
us-gaap Lease Cost
LeaseCost
392000 usd
us-gaap Lease Cost
LeaseCost
452000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
253000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
328000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.094 pure
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.092 pure
VISL Number Of Shares Underlying Warrants
NumberOfSharesUnderlyingWarrants
66341 shares
VISL Number Of Shares Underlying Warrants
NumberOfSharesUnderlyingWarrants
72206 shares
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
100000 usd
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
22000 usd
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
-61000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
17000 usd
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
39000 usd
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
39000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
9209811000 shares
CY2021Q4 VISL Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
4.10
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
21877000 shares
VISL Share Based Compensation Arrangements By Share Based Payment Award Non Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExpirationsInPeriodWeightedAverageExercisePrice
120.00
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
9187934000 shares
CY2022Q2 VISL Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
3.80
CY2022Q2 VISL Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableOutstandingNumber
9187934 shares
CY2022Q2 VISL Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableOutstandingWeightedAverageExercisePrice
3.80
CY2022Q2 us-gaap Share Price
SharePrice
1.00
CY2022Q2 us-gaap Share Price
SharePrice
1.00
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6756000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7550000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13910000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11640000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6756000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7550000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13910000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11640000 usd
CY2022Q2 us-gaap Noncurrent Assets
NoncurrentAssets
7726000 usd
CY2021Q2 us-gaap Noncurrent Assets
NoncurrentAssets
3635000 usd
CY2022Q1 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
294000 usd

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