2022 Q1 Form 10-Q Financial Statement
#000162828022012004 Filed on May 03, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $96.26M | $74.79M |
YoY Change | 28.72% | 38.04% |
Cost Of Revenue | $17.81M | $13.48M |
YoY Change | 32.09% | 32.44% |
Gross Profit | $78.45M | $61.30M |
YoY Change | 27.97% | 39.34% |
Gross Profit Margin | 81.5% | 81.97% |
Selling, General & Admin | $82.97M | $65.32M |
YoY Change | 27.02% | 21.0% |
% of Gross Profit | 105.76% | 106.55% |
Research & Development | $43.57M | $30.06M |
YoY Change | 44.93% | 32.5% |
% of Gross Profit | 55.54% | 49.04% |
Depreciation & Amortization | $2.679M | $2.349M |
YoY Change | 14.05% | 11.96% |
% of Gross Profit | 3.41% | 3.83% |
Operating Expenses | $126.5M | $95.38M |
YoY Change | 32.67% | 24.41% |
Operating Profit | -$48.09M | -$34.08M |
YoY Change | 41.12% | 4.3% |
Interest Expense | $736.0K | -$1.020M |
YoY Change | -172.16% | -170.34% |
% of Operating Profit | ||
Other Income/Expense, Net | $736.0K | -$1.022M |
YoY Change | -172.02% | -170.34% |
Pretax Income | -$47.35M | -$35.10M |
YoY Change | 34.91% | 12.43% |
Income Tax | $1.414M | $559.0K |
% Of Pretax Income | ||
Net Earnings | -$48.76M | -$35.66M |
YoY Change | 36.76% | 13.45% |
Net Earnings / Revenue | -50.66% | -47.68% |
Basic Earnings Per Share | -$0.45 | -$0.36 |
Diluted Earnings Per Share | -$0.45 | -$0.36 |
COMMON SHARES | ||
Basic Shares Outstanding | 108.2M shares | 100.2M shares |
Diluted Shares Outstanding | 108.2M shares | 100.2M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $804.1M | $824.0M |
YoY Change | -2.42% | 552.41% |
Cash & Equivalents | $775.7M | $753.6M |
Short-Term Investments | $28.37M | $70.40M |
Other Short-Term Assets | $35.81M | $24.60M |
YoY Change | 45.58% | 92.19% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $63.60M | $51.30M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $903.5M | $899.8M |
YoY Change | 0.41% | 407.52% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $39.50M | $35.93M |
YoY Change | 9.92% | -2.49% |
Goodwill | $23.14M | $23.14M |
YoY Change | 0.0% | |
Intangibles | $3.931M | $5.462M |
YoY Change | -28.03% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $20.14M | $19.44M |
YoY Change | 3.59% | 2.2% |
Total Long-Term Assets | $148.1M | $138.0M |
YoY Change | 7.31% | 25.79% |
TOTAL ASSETS | ||
Total Short-Term Assets | $903.5M | $899.8M |
Total Long-Term Assets | $148.1M | $138.0M |
Total Assets | $1.052B | $1.038B |
YoY Change | 1.33% | 261.63% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $4.771M | $637.0K |
YoY Change | 648.98% | -22.6% |
Accrued Expenses | $92.56M | $87.00M |
YoY Change | 6.39% | 45.0% |
Deferred Revenue | $98.76M | $91.60M |
YoY Change | 7.82% | 8.61% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $196.1M | $179.3M |
YoY Change | 9.39% | 23.5% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $247.8M | $220.1M |
YoY Change | 12.61% | |
Other Long-Term Liabilities | $3.680M | $3.274M |
YoY Change | 12.4% | 20.72% |
Total Long-Term Liabilities | $319.7M | $280.0M |
YoY Change | 14.19% | 353.06% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $196.1M | $179.3M |
Total Long-Term Liabilities | $319.7M | $280.0M |
Total Liabilities | $515.8M | $459.2M |
YoY Change | 12.32% | 121.91% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$467.7M | -$346.4M |
YoY Change | 35.02% | 39.59% |
Common Stock | $110.0K | $106.0K |
YoY Change | 3.77% | 241.94% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $535.8M | $578.6M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.052B | $1.038B |
YoY Change | 1.33% | 261.63% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$48.76M | -$35.66M |
YoY Change | 36.76% | 13.45% |
Depreciation, Depletion And Amortization | $2.679M | $2.349M |
YoY Change | 14.05% | 11.96% |
Cash From Operating Activities | $24.54M | $20.38M |
YoY Change | 20.4% | 426.15% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $3.495M | $1.116M |
YoY Change | 213.17% | -57.22% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$28.38M | -$3.730M |
YoY Change | 660.72% | -223.51% |
Cash From Investing Activities | -$31.87M | -$4.845M |
YoY Change | 557.79% | -1270.29% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $500.0M |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$22.71M | $504.0M |
YoY Change | -104.51% | 11576.92% |
NET CHANGE | ||
Cash From Operating Activities | $24.54M | $20.38M |
Cash From Investing Activities | -$31.87M | -$4.845M |
Cash From Financing Activities | -$22.71M | $504.0M |
Net Change In Cash | -$30.04M | $519.5M |
YoY Change | -105.78% | 5938.05% |
FREE CASH FLOW | ||
Cash From Operating Activities | $24.54M | $20.38M |
Capital Expenditures | $3.495M | $1.116M |
Free Cash Flow | $21.05M | $19.27M |
YoY Change | 9.24% | 1423.08% |
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CY2021Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
4000 | USD |
CY2022Q1 | vrns |
Other Comprehensive Income Loss Securities Availablefor Sale Gain Loss Netof Tax
OtherComprehensiveIncomeLossSecuritiesAvailableforSaleGainLossNetofTax
|
0 | USD |
CY2021Q1 | vrns |
Other Comprehensive Income Loss Securities Availablefor Sale Gain Loss Netof Tax
OtherComprehensiveIncomeLossSecuritiesAvailableforSaleGainLossNetofTax
|
1000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-10000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
5000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
-2759000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
-3149000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
420000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
2036000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-3179000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-5185000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-3189000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-5180000 | USD |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-51952000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-40836000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
94071000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
17466000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
500034000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
21379000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4673000 | USD |
CY2021Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
731000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-5185000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
5000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-35656000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
578590000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
596593000 | USD |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
35998000 | USD |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6111000 | USD |
CY2022Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
28825000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-3179000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-10000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-48763000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
535778000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
|
6120000 | USD |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1414000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-48763000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-35656000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2679000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2349000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
35998000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21379000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
|
4157000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
2326000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
2242000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
370000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1689000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-53575000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-42927000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2575000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1673000 | USD |
CY2022Q1 | vrns |
Increase Decrease In Deferred Commissions
IncreaseDecreaseInDeferredCommissions
|
6942000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-553000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
0 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
559000 | USD |
CY2021Q1 | vrns |
Increase Decrease In Deferred Commissions
IncreaseDecreaseInDeferredCommissions
|
3873000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-359000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-900000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-213000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-12502000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-5029000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-5646000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-7618000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
96000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-1198000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
24542000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
20383000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
6036000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
28372000 | USD |
CY2022Q1 | vrns |
Proceeds From Short Term And Long Term Deposits
ProceedsFromShortTermAndLongTermDeposits
|
1850000 | USD |
CY2021Q1 | vrns |
Proceeds From Short Term And Long Term Deposits
ProceedsFromShortTermAndLongTermDeposits
|
50235000 | USD |
CY2022Q1 | vrns |
Payments To Acquire Short Term And Long Term Deposits
PaymentsToAcquireShortTermAndLongTermDeposits
|
1853000 | USD |
CY2021Q1 | vrns |
Payments To Acquire Short Term And Long Term Deposits
PaymentsToAcquireShortTermAndLongTermDeposits
|
60000000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3495000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1116000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31870000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4845000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
6111000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
4673000 | USD |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
28825000 | USD |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
731000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
500034000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-22714000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
503976000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-30042000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
519514000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
805761000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
234092000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
775719000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
753606000 | USD |
CY2022Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
507000 | USD |
CY2021Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
2822000 | USD |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1582000 | USD |
CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1582000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
248000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
7785000 | USD |
CY2022Q1 | us-gaap |
Operations Commenced Date1
OperationsCommencedDate1
|
2005-01-01 | |
CY2022Q1 | vrns |
Subsidiary Or Equity Method Investee Number
SubsidiaryOrEquityMethodInvesteeNumber
|
12 | subsidiary |
CY2022Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
39029000 | USD |
CY2021 | vrns |
Contract With Customer Right Of Return Sales Returns
ContractWithCustomerRightOfReturnSalesReturns
|
0 | USD |
CY2022Q1 | vrns |
Contract With Customer Right Of Return Sales Returns
ContractWithCustomerRightOfReturnSalesReturns
|
0 | USD |
CY2022Q1 | us-gaap |
Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
|
P4Y | |
CY2022Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
741000 | USD |
CY2021Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
771000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
61351000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9240000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
65786000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
75026000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
8329000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
11527000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
9729000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
9767000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
9879000 | USD |
CY2022Q1 | vrns |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
34296000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
83527000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
8501000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
75026000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y11M26D | |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0287 | |
CY2022Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
2309000 | USD |
CY2022Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
100000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1440000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6110000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2179000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3931000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
381000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
384000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1143000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1525000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1263000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3931000 | USD |
CY2022Q1 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
791000 | USD |
CY2021Q1 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
790000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD |
CY2021Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1389000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
369000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
300000 | USD |
CY2022Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1160000 | USD |
CY2021Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
2479000 | USD |
CY2022Q1 | vrns |
Derivative Initial Cap Price
DerivativeInitialCapPrice
|
47.24 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
803870 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
7.077 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
33524000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
3208 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
7.123 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
0 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
800662 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
7.077 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
32397000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
786922 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
7.101 | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
31822000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
111000 | USD |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
418000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
800662 | shares |
CY2022Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
7.077 | |
CY2022Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
786922 | shares |
CY2022Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
7.101 | |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
35998000 | USD |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
21379000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
3 | |
CY2022Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
96261000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
74785000 | USD |
CY2022Q1 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
100846000 | USD |
CY2021Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
102047000 | USD |