2024 Q3 Form 10-Q Financial Statement

#000121465924013626 Filed on August 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $113.2M $107.0M
YoY Change 25.15% 24.86%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $69.47M $70.27M
YoY Change 14.23% 11.16%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $447.0K $418.0K
YoY Change 49.0% 318.0%
% of Gross Profit
Operating Expenses $72.38M $73.52M
YoY Change 13.59% 8.85%
Operating Profit $40.79M $33.51M
YoY Change 52.75% 84.32%
Interest Expense -$6.294M $4.140M
YoY Change -281.85% 2.96%
% of Operating Profit -15.43% 12.35%
Other Income/Expense, Net $2.463M $2.831M
YoY Change -5.31% 8.26%
Pretax Income $3.866M $29.53M
YoY Change -79.46% -48.92%
Income Tax $8.351M $7.767M
% Of Pretax Income 216.01% 26.31%
Net Earnings -$4.485M $21.76M
YoY Change -134.54% -59.89%
Net Earnings / Revenue -3.96% 20.33%
Basic Earnings Per Share -$0.13 $0.13
Diluted Earnings Per Share -$0.13 $0.13
COMMON SHARES
Basic Shares Outstanding 151.9M shares 151.8M shares
Diluted Shares Outstanding 143.9M shares 166.4M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $253.8M $202.2M
YoY Change 50.73% 35.55%
Cash & Equivalents $176.5M $132.5M
Short-Term Investments $77.34M $69.78M
Other Short-Term Assets $1.173M $1.199M
YoY Change 16.83% 218.88%
Inventory
Prepaid Expenses $6.968M $8.595M
Receivables $45.20M $42.66M
Other Receivables $0.00 $0.00
Total Short-Term Assets $307.2M $254.7M
YoY Change 45.02% 32.06%
LONG-TERM ASSETS
Property, Plant & Equipment $389.0K $413.0K
YoY Change -14.88% -15.2%
Goodwill $86.84M $86.84M
YoY Change 0.0% 0.0%
Intangibles $605.8M $605.6M
YoY Change 0.17% 0.19%
Long-Term Investments $8.976M $8.506M
YoY Change -75.81% -78.84%
Other Assets $474.0K $457.0K
YoY Change 6.04% 0.66%
Total Long-Term Assets $712.3M $709.4M
YoY Change -3.75% -4.25%
TOTAL ASSETS
Total Short-Term Assets $307.2M $254.7M
Total Long-Term Assets $712.3M $709.4M
Total Assets $1.019B $964.1M
YoY Change 7.1% 3.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.48M $17.30M
YoY Change 46.14% -8.95%
Accrued Expenses $34.19M $24.20M
YoY Change 19.12% 30.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $14.80M $14.80M
YoY Change
Total Short-Term Liabilities $106.5M $84.69M
YoY Change 41.28% 24.03%
LONG-TERM LIABILITIES
Long-Term Debt $537.8M $301.3M
YoY Change 95.91% 9.93%
Other Long-Term Liabilities $270.0K
YoY Change
Total Long-Term Liabilities $538.0M $301.3M
YoY Change 96.01% 9.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $106.5M $84.69M
Total Long-Term Liabilities $538.0M $301.3M
Total Liabilities $644.5M $386.0M
YoY Change 84.21% 12.73%
SHAREHOLDERS EQUITY
Retained Earnings $106.9M $129.6M
YoY Change 30.35% 74.32%
Common Stock $1.461M $1.519M
YoY Change -99.62% -99.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $374.9M $445.6M
YoY Change
Total Liabilities & Shareholders Equity $1.019B $964.1M
YoY Change 7.1% 3.25%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$4.485M $21.76M
YoY Change -134.54% -59.89%
Depreciation, Depletion And Amortization $447.0K $418.0K
YoY Change 49.0% 318.0%
Cash From Operating Activities $47.71M $32.21M
YoY Change 68.01% 26.81%
INVESTING ACTIVITIES
Capital Expenditures $632.0K $628.0K
YoY Change 528.0%
Acquisitions
YoY Change
Other Investing Activities -$6.571M -$11.10M
YoY Change -58.93% -120.55%
Cash From Investing Activities -$7.203M -$11.73M
YoY Change -54.98% -121.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 754.0K -4.876M
YoY Change -114.23% -95.76%
NET CHANGE
Cash From Operating Activities 47.71M 32.21M
Cash From Investing Activities -7.203M -11.73M
Cash From Financing Activities 754.0K -4.876M
Net Change In Cash 41.27M 15.61M
YoY Change 481.2% -143.72%
FREE CASH FLOW
Cash From Operating Activities $47.71M $32.21M
Capital Expenditures $632.0K $628.0K
Free Cash Flow $47.08M $31.58M
YoY Change 65.78% 24.83%

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CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
261000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-383000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
727000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-24000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
261000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-383000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
727000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21735000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
54513000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
43487000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
71212000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
423237000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
5592000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-24000 usd
CY2024Q2 us-gaap Dividends
Dividends
5000000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
21759000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
445564000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
318538000 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
86801000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
45000 usd
CY2023Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
156000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
3970000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
261000 usd
CY2023Q2 us-gaap Dividends
Dividends
4924000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
54252000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
458787000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
409136000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
7820000 usd
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
10755000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-383000 usd
us-gaap Dividends
Dividends
9994000 usd
us-gaap Net Income Loss
NetIncomeLoss
43870000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
445564000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
305611000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
86801000 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
45000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3540000 usd
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
8506000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
727000 usd
us-gaap Dividends
Dividends
9848000 usd
us-gaap Net Income Loss
NetIncomeLoss
70485000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
458787000 usd
us-gaap Net Income Loss
NetIncomeLoss
43870000 usd
us-gaap Net Income Loss
NetIncomeLoss
70485000 usd
wt Advisory Fees Received In Gold
AdvisoryFeesReceivedInGold
25365000 usd
wt Advisory Fees Received In Gold
AdvisoryFeesReceivedInGold
25692000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10755000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
8506000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4326000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2964000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
1772000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
947000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
1342000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-1195000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-819000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
801000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
230000 usd
wt Amortization Of Issuance Costs Convertible Notes
AmortizationOfIssuanceCostsConvertibleNotes
750000 usd
wt Amortization Of Issuance Costs Convertible Notes
AmortizationOfIssuanceCostsConvertibleNotes
1069000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
647000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
640000 usd
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
61953000 usd
wt Loss Gain On Revaluation Of Deferred Consideration
LossGainOnRevaluationOfDeferredConsideration
-9721000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
4900000 usd
wt Contractual Gold Paymentss
ContractualGoldPaymentss
6069000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
946000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7132000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5254000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3353000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3425000 usd
wt Increase Decrease In Gold And Other Precious Metals
IncreaseDecreaseInGoldAndOtherPreciousMetals
-24972000 usd
wt Increase Decrease In Gold And Other Precious Metals
IncreaseDecreaseInGoldAndOtherPreciousMetals
-18441000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
118000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-347000 usd
wt Increase Decrease In Fund Management And Administration Payable
IncreaseDecreaseInFundManagementAndAdministrationPayable
-3430000 usd
wt Increase Decrease In Fund Management And Administration Payable
IncreaseDecreaseInFundManagementAndAdministrationPayable
6419000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-17657000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-18941000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-2028000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-2523000 usd
wt Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
662000 usd
wt Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
652000 usd
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
4031000 usd
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
9752000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31172000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20029000 usd
wt Purchase Of Financial Instruments Owned At Fair Value
PurchaseOfFinancialInstrumentsOwnedAtFairValue
14193000 usd
wt Purchase Of Financial Instruments Owned At Fair Value
PurchaseOfFinancialInstrumentsOwnedAtFairValue
40532000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
10000000 usd
us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
1184000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
102000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
58000 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
5303000 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
102020000 usd
wt Proceeds From The Exit From Investment
ProceedsFromTheExitFromInvestment
465000 usd
wt Proceeds From Heldtomaturity Securities Maturing Or Called Prior To Maturity
ProceedsFromHeldtomaturitySecuritiesMaturingOrCalledPriorToMaturity
12000 usd
wt Proceeds From Heldtomaturity Securities Maturing Or Called Prior To Maturity
ProceedsFromHeldtomaturitySecuritiesMaturingOrCalledPriorToMaturity
14000 usd
wt Proceeds From Receipt Of Contingent Consideration
ProceedsFromReceiptOfContingentConsideration
-1477000 usd
wt Net Cash Aquired For Acquisition
NetCashAquiredForAcquisition
985000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9699000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
51936000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
9873000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
9647000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7820000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3540000 usd
wt Paymentto Repurchase Of Convertible Note
PaymenttoRepurchaseOfConvertibleNote
184272000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
130000000 usd
wt Termination Of Deferred Considerationgold Payments
TerminationOfDeferredConsiderationgoldPayments
50005000 usd
wt Payment Of Convertible Notes Issuance Costs
PaymentOfConvertibleNotesIssuanceCosts
3548000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
-97000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17693000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-121109000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-626000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
778000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3154000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-48366000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
129305000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
132101000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
132459000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83735000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
11138000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
5900000 usd
us-gaap Interest Paid Net
InterestPaidNet
6175000 usd
us-gaap Interest Paid Net
InterestPaidNet
4514000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0"><b><i>Use of Estimates </i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 22.5pt">The preparation of the Company’s consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet dates and the reported amounts of revenues and expenses for the periods presented. Actual results could differ materially from those estimates.</p>
wt Percentage Of Tax Rate Realized On Settlement
PercentageOfTaxRateRealizedOnSettlement
0.50 pure
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
132459000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
129305000 usd
CY2024Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
12972000 usd
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
50226000 usd
CY2024Q2 us-gaap Restricted Cash
RestrictedCash
13472000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
wt Cash Equivalents Maturity Period
CashEquivalentsMaturityPeriod
P90D
CY2024Q2 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
69783000 usd
CY2023Q4 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
58722000 usd
CY2024Q2 us-gaap Trading Gains Losses
TradingGainsLosses
-67000 usd
CY2023Q2 us-gaap Trading Gains Losses
TradingGainsLosses
-222000 usd
us-gaap Trading Gains Losses
TradingGainsLosses
1837000 usd
us-gaap Trading Gains Losses
TradingGainsLosses
1309000 usd
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
12000 usd
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
14000 usd
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
20000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
22000 usd
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
198000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
208000 usd
CY2024Q2 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
218000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
230000 usd
CY2024Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
8288000 usd
CY2024Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
8091000 usd
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
9684000 usd
CY2023Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
8091000 usd
us-gaap Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
0.054 pure
CY2024Q2 wt Cost Method Investment Fair Value Disclosure
CostMethodInvestmentFairValueDisclosure
6000000 eur
CY2024Q2 wt Cost Method Investment Fair Value Disclosure
CostMethodInvestmentFairValueDisclosure
-8091000 usd
CY2024Q2 wt Gain Loss On Remeasuring Convertible Notes To Fair Value
GainLossOnRemeasuringConvertibleNotesToFairValue
1318000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.60 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.60 pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y4M6D
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2023 wt Probability That Series B2 Preference Shares Convert Into Series B1 Preference Shares
ProbabilityThatSeriesB2PreferenceSharesConvertIntoSeriesB1PreferenceShares
0.75 pure
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
622000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
670000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
413000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
427000 usd
CY2023Q2 wt Contractual Gold Payments
ContractualGoldPayments
1583000 usd
wt Contractual Gold Payments
ContractualGoldPayments
6069000 usd
CY2023Q2 wt Contractual Gold Paymentgold Ounces Paid
ContractualGoldPaymentgoldOuncesPaid
792000 oz
wt Contractual Gold Paymentgold Ounces Paid
ContractualGoldPaymentgoldOuncesPaid
3167000 oz
CY2023Q2 wt Gain Loss From Change In Deferred Consideration
GainLossFromChangeInDeferredConsideration
41361000 usd
wt Gain Loss From Change In Deferred Consideration
GainLossFromChangeInDeferredConsideration
61953000 usd
us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
9721000 usd
CY2024Q2 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
1000000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
4021000 usd
us-gaap Interest Expense
InterestExpense
8023000 usd
wt Outstanding Common Stock Percentage
OutstandingCommonStockPercentage
0.0999 pure
CY2023Q4 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
13087000000 shares
CY2023Q4 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
84411000 usd
CY2023Q4 wt Repurchase Price Per Share Interest Rate Transaction
RepurchasePricePerShareInterestRateTransaction
6.02
wt Present Value Of Market Rate Interest
PresentValueOfMarketRateInterest
0.07 pure
wt Aggregate Consideration Payable
AggregateConsiderationPayable
38835000 usd
CY2024Q2 us-gaap Notes Payable Current
NotesPayableCurrent
14804000 usd
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
14804000 usd
CY2024Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
25671000 usd
CY2023Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
24328000 usd
CY2024Q2 us-gaap Notes Payable
NotesPayable
40475000 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
39132000 usd
CY2024Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
677000 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
1342000 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
0 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
323000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
321000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
647000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
640000 usd
CY2024Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
70000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
65000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
140000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
121000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
393000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
386000 usd
us-gaap Lease Cost
LeaseCost
787000 usd
us-gaap Lease Cost
LeaseCost
761000 usd
CY2024Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
331000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
326000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
662000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
652000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y10M24D
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y9M18D
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y10M24D
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y9M18D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.066 pure
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.066 pure
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.066 pure
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.066 pure
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
476000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
396000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
872000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
847000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
25000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
872000 usd
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"><b>14. Contingencies</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 22.5pt">The Company may be subject to reviews, inspections and investigations by regulatory authorities as well as legal proceedings arising in the ordinary course of business.</p><p style="font: 10pt Times New Roman; margin: 6pt 0 0"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0"><b><i>Closure of the WisdomTree WTI Crude Oil 3x Daily Leveraged ETP</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 24.5pt">In December 2020, WMAI, WTMAML, WTUK and WisdomTree Ireland Limited (“WT Ireland”) were served with a writ of summons to appear before the Court of Milan, Italy (the “December 2020 Claim”). In January 2021, WTUK was served with a writ of summons to appear before the Court of Udine, Italy. Investors had filed actions seeking damages resulting from the closure of the WisdomTree WTI Crude Oil 3x Daily Leveraged ETP (“3OIL”) in March 2020. The product was dependent on the receipt of payments from a swap provider to satisfy payment obligations to the investors. Due to an extreme adverse move in oil futures relative to the oil futures’ closing price, the swap contract underlying 3OIL was terminated by the swap provider, which resulted in the compulsory redemption of 3OIL, all in accordance with the prospectus.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 24.5pt">In February 2022, the Court of Udine ruled in the Company’s favor, which is not subject to an appeal. Also in February 2022, WMAI, WTMAML, WTUK and WT Ireland were served with another writ of summons to appear before the Court of Milan by additional investors seeking damages resulting from the closure of 3OIL.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 24.5pt">In March 2022, WMAI and WTUK were served with a writ of summons to appear before the Court of Turin and two writs of summons to appear before the Court of Milan by additional investors seeking damages. These writs also were served on the intermediary brokers for the respective claimants, with the claimants alleging joint and several liability of WMAI, WTUK and such intermediary brokers. With respect to these two Court of Milan claims: (1) in July 2023, the Court ruled in favor of WMAI and WTUK and against the intermediary broker, and the intermediary broker has appealed the ruling against it and (2) in June 2024, the Court ruled in favor of WMAI, WTUK and the intermediary broker, which is not subject to an appeal.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 24.5pt">In March 2024, the Court of Milan ruled in the Company’s favor in the December 2020 Claim brought against WTMAI, WTMAML, WTUK and WT Ireland for total damages of €9,300 ($9,965). The December 2020 Claim remains subject to an appeal.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 24.5pt">Total damages sought by all investors related to the open claims described above, including the December 2020 Claim, were approximately €14,435 ($15,466) at June 30, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 24.5pt">Additionally, in July 2023, WT Ireland received a letter from counsel on behalf of additional investors seeking damages of up to approximately €8,400 ($9,000) resulting from the closure of 3OIL. The claim is in its preliminary stages and a writ of summons has not been served.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 22.5pt">The Company continues to assess the open claims with its external counsel. The Company expects that losses, if any, arising from these claims will be covered under its insurance policies, less a $500 deductible. An accrual has not been made with respect to these matters at June 30, 2024 and December 31, 2023.</p>
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CY2024Q1 us-gaap Loss Contingency Damages Paid Value
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CY2024Q2 us-gaap Loss Contingency Damages Sought Value
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CY2023Q3 us-gaap Loss Contingency Damages Sought Value
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us-gaap Revenues
Revenues
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Revenues
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Revenues
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Description And Terms
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The number of PRSUs vesting ranges from 0% to 200% of the target number of PRSUs granted, as follows: ●If the relative TSR is below the 25th percentile, then 0% of the target number of PRSUs granted will vest; ●If the relative TSR is at the 25th percentile, then 50% of the target number of PRSUs granted will vest; ●If the relative TSR is above the 25th percentile, then linear scaling is applied such that the percent of the target number of PRSUs vesting is 100% at the 50th percentile and capped at 200% of the target number of PRSUs granted for performance at the 85th percentile; and ●If the Company’s TSR is negative, the target number of PRSUs vesting is capped at 100% regardless of the relative TSR percentile.
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2023Q2 wt Weighted Average Number Of Diluted Shares Outstanding Excluding Participating Securities
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wt Weighted Average Number Of Diluted Shares Outstanding Excluding Participating Securities
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wt Weighted Average Number Of Diluted Shares Outstanding Excluding Participating Securities
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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wt Weighted Average Number Of Diluted Shares Outstanding Excluding Participating Securities
WeightedAverageNumberOfDilutedSharesOutstandingExcludingParticipatingSecurities
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wt Weighted Average Number Of Diluted Shares Outstanding Excluding Participating Securities
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CY2024Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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2025-04-27
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wt Aggregate Cost
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CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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4900000 usd
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Revenues
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Revenues
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us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
167768000 usd
CY2024Q2 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
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34752000 usd
CY2024Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4271000 usd
CY2023Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4913000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4966000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5880000 usd
CY2024Q2 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
37782000 usd
CY2023Q2 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
23094000 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
66427000 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
40632000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.313 pure
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.212 pure
us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.301 pure
us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.207 pure
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.353 pure
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.269 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.326 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242 pure
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q2 wt Contractual Gold Payment
ContractualGoldPayment
usd
wt Contractual Gold Payment
ContractualGoldPayment
usd
CY2024Q2 wt Gain On Revaluationtermination Of Deferred Considerationgold Payments
GainOnRevaluationterminationOfDeferredConsiderationgoldPayments
usd
wt Gain On Revaluationtermination Of Deferred Considerationgold Payments
GainOnRevaluationterminationOfDeferredConsiderationgoldPayments
usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
CY2023Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2024Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
CY2023Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
us-gaap Interest Expense Debt
InterestExpenseDebt
usd
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
usd
wt Loss Gain On Revaluation Of Deferred Consideration
LossGainOnRevaluationOfDeferredConsideration
usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
wt Contractual Gold Paymentss
ContractualGoldPaymentss
usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
usd
wt Proceeds From The Exit From Investment
ProceedsFromTheExitFromInvestment
usd
wt Proceeds From Receipt Of Contingent Consideration
ProceedsFromReceiptOfContingentConsideration
usd
wt Net Cash Aquired For Acquisition
NetCashAquiredForAcquisition
usd
wt Paymentto Repurchase Of Convertible Note
PaymenttoRepurchaseOfConvertibleNote
usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
usd
wt Termination Of Deferred Considerationgold Payments
TerminationOfDeferredConsiderationgoldPayments
usd
wt Payment Of Convertible Notes Issuance Costs
PaymentOfConvertibleNotesIssuanceCosts
usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
usd
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
usd
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
usd
wt Probability That Series B2 Preference Shares Convert Into Series B1 Preference Shares
ProbabilityThatSeriesB2PreferenceSharesConvertIntoSeriesB1PreferenceShares
pure
CY2024Q2 wt Contractual Gold Payments
ContractualGoldPayments
usd
wt Contractual Gold Payments
ContractualGoldPayments
usd
CY2024Q2 wt Contractual Gold Paymentgold Ounces Paid
ContractualGoldPaymentgoldOuncesPaid
oz
wt Contractual Gold Paymentgold Ounces Paid
ContractualGoldPaymentgoldOuncesPaid
oz
CY2024Q2 wt Gain Loss From Change In Deferred Consideration
GainLossFromChangeInDeferredConsideration
usd
wt Gain Loss From Change In Deferred Consideration
GainLossFromChangeInDeferredConsideration
usd
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
usd
CY2024Q2 wt Deferred Tax Asset Operating Loss Carry Forward United States
DeferredTaxAssetOperatingLossCarryForwardUnitedStates
usd
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0000880631

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