2022 Q3 Form 10-Q Financial Statement

#000162828022022914 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $4.177M $4.725M $5.138M
YoY Change -6.13% 36.84% 33.11%
Cost Of Revenue $1.255M $1.396M $1.408M
YoY Change 5.82% 55.8% 22.43%
Gross Profit $2.922M $3.329M $3.730M
YoY Change -10.48% 30.19% 37.64%
Gross Profit Margin 69.95% 70.46% 72.6%
Selling, General & Admin $7.303M $9.221M $16.92M
YoY Change -33.48% -15.41% 166.1%
% of Gross Profit 249.93% 276.99% 453.73%
Research & Development $4.644M $4.912M $4.936M
YoY Change 42.72% 52.4% 125.39%
% of Gross Profit 158.93% 147.55% 132.33%
Depreciation & Amortization $1.891M $1.870M $1.910M
YoY Change -0.94% 10.52% 117.05%
% of Gross Profit 64.72% 56.17% 51.21%
Operating Expenses $13.32M $23.22M $23.24M
YoY Change -15.3% 46.49% 156.78%
Operating Profit -$10.39M -$19.89M -$19.51M
YoY Change -16.56% 49.63% 207.71%
Interest Expense -$6.094M $423.0K -$5.825M
YoY Change -72.67% -101.54% 921.93%
% of Operating Profit
Other Income/Expense, Net -$7.600M -$456.0K -$637.0K
YoY Change -65.99% -101.52% -24.17%
Pretax Income -$17.99M -$20.35M -$40.91M
YoY Change -48.3% -221.83% 395.28%
Income Tax $0.00 -$20.00K -$2.762M
% Of Pretax Income
Net Earnings -$17.59M -$19.87M -$37.72M
YoY Change -47.71% -234.64% 354.97%
Net Earnings / Revenue -421.14% -420.57% -734.08%
Basic Earnings Per Share -$10.21 -$0.16
Diluted Earnings Per Share -$10.21 -$0.16 -$302.3K
COMMON SHARES
Basic Shares Outstanding 162.0M shares 153.5M shares 152.5M shares
Diluted Shares Outstanding 2.217M shares 153.5M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.15M $65.75M $95.61M
YoY Change -42.59% -6.35% 267.71%
Cash & Equivalents $63.20M $65.80M $52.48M
Short-Term Investments $0.00 $0.00 $43.13M
Other Short-Term Assets $3.258M $3.463M $4.842M
YoY Change 190.89% 150.76% 303.5%
Inventory $2.702M $1.581M $1.976M
Prepaid Expenses
Receivables $2.879M $2.767M $3.218M
Other Receivables $137.0K $311.0K $321.0K
Total Short-Term Assets $72.28M $79.84M $106.0M
YoY Change -38.22% 4.4% 249.42%
LONG-TERM ASSETS
Property, Plant & Equipment $1.307M $1.348M $1.442M
YoY Change -11.87% -10.07% -0.21%
Goodwill $0.00 $0.00 $7.672M
YoY Change -100.0% -100.0% 16.45%
Intangibles $28.17M $30.13M $33.48M
YoY Change -18.98% -17.53% 135.71%
Long-Term Investments $2.500M $2.500M $2.500M
YoY Change -75.38% -92.29% 0.0%
Other Assets $204.0K $217.0K $253.0K
YoY Change 46.76% 53.9% 66.45%
Total Long-Term Assets $36.32M $38.00M $50.71M
YoY Change -50.96% -61.2% 76.78%
TOTAL ASSETS
Total Short-Term Assets $72.28M $79.84M $106.0M
Total Long-Term Assets $36.32M $38.00M $50.71M
Total Assets $108.6M $117.8M $156.7M
YoY Change -43.15% -32.43% 165.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.559M $900.0K $2.414M
YoY Change 83.57% -47.86% 165.86%
Accrued Expenses $4.370M $4.116M $10.67M
YoY Change -34.02% -28.0% 289.38%
Deferred Revenue $3.700M $3.600M $4.800M
YoY Change -17.78% 29.5% 152.63%
Short-Term Debt $6.179M $1.911M $3.490M
YoY Change 90.06% -55.05% -35.38%
Long-Term Debt Due $6.179M $1.911M $3.490M
YoY Change 90.06% -55.05% -35.37%
Total Short-Term Liabilities $20.73M $14.65M $27.13M
YoY Change 2.75% -34.2% 123.91%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $28.00K $28.00K $28.00K
YoY Change 0.0% -20.0% 300.0%
Total Long-Term Liabilities $28.00K $28.00K $28.00K
YoY Change 0.0% -20.0% 300.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.73M $14.65M $27.13M
Total Long-Term Liabilities $28.00K $28.00K $28.00K
Total Liabilities $21.61M $15.70M $28.49M
YoY Change -18.94% -45.72% 98.78%
SHAREHOLDERS EQUITY
Retained Earnings -$299.1M -$281.5M -$250.3M
YoY Change 40.7% 57.3% 38.3%
Common Stock $2.000K $155.0K $124.0K
YoY Change -98.4% 33.62% 133.96%
Preferred Stock
YoY Change
Treasury Stock (at cost) $695.0K $695.0K
YoY Change 0.0% 0.0%
Treasury Stock Shares 1.000 shares 1.000 shares
Shareholders Equity $33.17M $53.03M $81.80M
YoY Change
Total Liabilities & Shareholders Equity $108.6M $117.8M $156.7M
YoY Change -43.15% -32.43% 165.5%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income -$17.59M -$19.87M -$37.72M
YoY Change -47.71% -234.64% 354.97%
Depreciation, Depletion And Amortization $1.891M $1.870M $1.910M
YoY Change -0.94% 10.52% 117.05%
Cash From Operating Activities -$7.399M -$4.225M -$13.11M
YoY Change -24.92% -50.31% 159.66%
INVESTING ACTIVITIES
Capital Expenditures -$386.0K -$258.0K -$254.0K
YoY Change -34.91% 59.26% -57.67%
Acquisitions
YoY Change
Other Investing Activities $79.00K $9.500M -$546.0K
YoY Change -95.44% -191.65% -96.96%
Cash From Investing Activities -$307.0K $9.242M -$800.0K
YoY Change -126.95% -187.79% -95.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.065M -60.00K -388.0K
YoY Change -89.97% -97.42% -103.8%
NET CHANGE
Cash From Operating Activities -7.399M -4.225M -13.11M
Cash From Investing Activities -307.0K 9.242M -800.0K
Cash From Financing Activities 5.065M -60.00K -388.0K
Net Change In Cash -2.641M 4.957M -14.30M
YoY Change -106.32% -123.21% 6.56%
FREE CASH FLOW
Cash From Operating Activities -$7.399M -$4.225M -$13.11M
Capital Expenditures -$386.0K -$258.0K -$254.0K
Free Cash Flow -$7.013M -$3.967M -$12.86M
YoY Change -24.28% -52.44% 188.97%

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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Profit Loss
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CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss
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2202000 usd
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us-gaap Profit Loss
ProfitLoss
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Profit Loss
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us-gaap Profit Loss
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BusinessCombinationPostCombinationExpenseBenefit
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us-gaap Debt And Equity Securities Gain Loss
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AmortizationOfDebtDiscountPremium
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AmortizationOfOriginalIssueDiscountPremium
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1627000 usd
inpx Unrealized Gain Loss On Note Receivable
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inpx Unrealized Gain Loss On Note Receivable
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490000 usd
inpx Financing Receivable Credit Loss Expense Reversal Loans Held For Sale
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Goodwill Impairment Loss
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7570000 usd
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181000 usd
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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319000 usd
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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542000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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2494000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
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6711000 usd
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140000 usd
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149000 usd
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306000 usd
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373000 usd
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43001000 usd
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inpx Noncash Or Part Noncash Acquisition One Noncash Financial Or Equity Instrument Consideration Shares Issued Amount
NoncashOrPartNoncashAcquisitionOneNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedAmount
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inpx Noncash Or Part Noncash Acquisition One Noncash Financial Or Equity Instrument Consideration Shares Issued Amount
NoncashOrPartNoncashAcquisitionOneNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedAmount
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inpx Noncash Or Part Noncash Acquisition Two Noncash Financial Or Equity Instrument Consideration Shares Issued Amount
NoncashOrPartNoncashAcquisitionTwoNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedAmount
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inpx Noncash Or Part Noncash Acquisition Two Noncash Financial Or Equity Instrument Consideration Shares Issued Amount
NoncashOrPartNoncashAcquisitionTwoNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedAmount
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inpx Noncash Or Part Noncash Acquisition Three Noncash Financial Or Equity Instrument Consideration Shares Issued Amount
NoncashOrPartNoncashAcquisitionThreeNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedAmount
0 usd
inpx Noncash Or Part Noncash Acquisition Three Noncash Financial Or Equity Instrument Consideration Shares Issued Amount
NoncashOrPartNoncashAcquisitionThreeNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedAmount
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us-gaap Number Of Reportable Segments
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CY2022Q2 inpx Working Capital Surplus Deficiency
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CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q2 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Use Of Estimates
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Use of Estimates<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during each of the reporting periods. Actual results could differ from those estimates. The Company’s significant estimates consist of:</span></div><div style="margin-top:12pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">the valuation of stock-based compensation;</span></div><div style="margin-top:12pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.5pt">the valuation of the Company’s common stock issued in transactions, including acquisitions;</span></div><div style="margin-top:12pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">the allowance for credit losses;</span></div><div style="margin-top:12pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">the valuation of loans receivable;</span></div><div style="margin-top:12pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">the valuation of equity securities;</span></div><div style="margin-top:12pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">the valuation allowance for deferred tax assets; and</span></div><div style="margin-top:12pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">impairment of long-lived assets and goodwill.</span></div>
CY2022Q2 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
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us-gaap Debt Securities Available For Sale Unrealized Gain Loss
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CY2021Q2 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
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inpx Revenue From Contract With Customer Renewal Option
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CY2022Q2 us-gaap Contract With Customer Liability Current
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CY2021Q4 us-gaap Contract With Customer Liability Current
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CY2022Q2 us-gaap Share Based Compensation
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CY2021Q2 us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2202000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
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2202000 usd
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
382 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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CY2021Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
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us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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CY2022Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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CY2021Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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846 shares
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CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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CY2021Q2 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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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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4355000 usd
CY2022Q2 inpx Finite Lived Intangible Asset Expected Amortization After Year Four
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11800000 usd
CY2021Q4 us-gaap Goodwill
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CY2022Q2 us-gaap Goodwill
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us-gaap Goodwill Impairment Loss
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7600000 usd
inpx Goodwill Cumulative Impairment Loss
GoodwillCumulativeImpairmentLoss
31000000 usd
CY2021 inpx Goodwill Cumulative Impairment Loss
GoodwillCumulativeImpairmentLoss
23400000 usd
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FiniteLivedIntangibleAssetsGross
39513000 usd
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FiniteLivedIntangibleAssetsGross
40433000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9387000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6955000 usd
CY2022Q2 us-gaap Adjustment For Amortization
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us-gaap Adjustment For Amortization
AdjustmentForAmortization
3000000 usd
CY2021Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1400000 usd
us-gaap Adjustment For Amortization
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2000000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3065000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5925000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
30126000 usd
CY2022Q2 us-gaap Inventory Raw Materials
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170000 usd
CY2021Q4 us-gaap Inventory Raw Materials
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163000 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
457000 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
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CY2022Q2 us-gaap Inventory Finished Goods
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CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1274000 usd
CY2022Q2 us-gaap Inventory Net
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CY2021Q4 us-gaap Inventory Net
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CY2022Q2 us-gaap Accrued Liabilities Current
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CY2022Q2 us-gaap Equity Securities Fv Ni Cost
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EquitySecuritiesFVNINoncurrent
582000 usd
CY2022Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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200000 usd
CY2021Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
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us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
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CY2020Q4 us-gaap Payments To Acquire Equity Method Investments
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1391000 usd
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1012000 usd
CY2022Q2 us-gaap Accrued Bonuses Current
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597000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
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580000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
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707000 usd
CY2022Q2 us-gaap Taxes Payable Current
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139000 usd
CY2021Q4 us-gaap Taxes Payable Current
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322000 usd
CY2022Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
1911000 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
3490000 usd
CY2022Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
100000 usd
CY2021Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
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us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
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InterestExpenseShortTermBorrowings
2000000 usd
CY2022Q1 inpx Debt Instrument Extension Fee Percentage
DebtInstrumentExtensionFeePercentage
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CY2022Q1 inpx Debt Instrument Extension Fee
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CY2021Q1 us-gaap Proceeds From Warrant Exercises
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27800000 usd
CY2021Q1 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
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3000000 shares
CY2021Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
27800000 usd
CY2021Q1 us-gaap Proceeds From Warrant Exercises
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18500000 usd
CY2022Q2 us-gaap Preferred Stock Shares Authorized
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CY2022Q2 us-gaap Preferred Stock Shares Issued
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49250 shares
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49250 shares
CY2021Q3 us-gaap Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
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50600000 usd
CY2022Q1 us-gaap Warrants And Rights Outstanding
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5600000 usd
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29550000 shares
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CY2022Q1 us-gaap Temporary Equity Dividends Adjustment
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CY2022Q1 inpx Stock Issued During Period Shares Warrants Exercised
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CY2022Q1 us-gaap Debt Conversion Converted Instrument Shares Issued1
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CY2022Q1 inpx Debt Conversion Converted Instrument Shares Issued Value
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CY2022Q2 inpx Debt Conversion Converted Instrument Shares Issued Value
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CY2022Q2 us-gaap Preferred Stock Shares Authorized
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CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2021Q4 us-gaap Common Stock Shares Authorized
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CY2022Q2 inpx Share Based Compensation Options Grant Exercise Price Limit Of Fair Value10 Percent Owner
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2022Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
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49305088 shares
CY2022Q1 inpx Stock Issued During Period Shares Warrants Exercised
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CY2022Q1 inpx Class Or Right Of Warrant Fair Value Assumptions Fair Value Of Existing Warrants Per Share
ClassOrRightOfWarrantFairValueAssumptionsFairValueOfExistingWarrantsPerShare
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CY2022Q1 inpx Class Or Right Of Warrant Forfeitures
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29550000 shares
CY2022Q1 us-gaap Class Of Warrant Or Right Outstanding
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CY2022Q2 us-gaap Income Tax Expense Benefit
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CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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CY2021Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4725000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3453000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9956000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6407000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
3329000 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
2557000 usd
us-gaap Gross Profit
GrossProfit
7174000 usd
us-gaap Gross Profit
GrossProfit
4627000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-19890000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-13293000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-29954000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-25713000 usd
CY2022Q2 inpx Short Term Investments Fair Value Disclosure
ShortTermInvestmentsFairValueDisclosure
0 usd
CY2022Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
582000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
5967000 usd
CY2022Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
6549000 usd
CY2021Q4 inpx Short Term Investments Fair Value Disclosure
ShortTermInvestmentsFairValueDisclosure
43125000 usd
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
1838000 usd
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
44963000 usd
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1838000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
6050000 usd
inpx Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Original Issue Discount
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOriginalIssueDiscount
-550000 usd
inpx Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Amortization Of Original Issue Discount
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAmortizationOfOriginalIssueDiscount
92000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
1256000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
375000 usd
CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
6549000 usd
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
0 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
7461000 usd
inpx Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Interest Income Expense Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetInterestIncomeExpenseNet
1627000 usd
inpx Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain On Related Party Loan Held For Sale
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainOnRelatedPartyLoanHeldForSale
49817000 usd
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
300000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
28965000 usd
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
29940000 usd
CY2022Q2 us-gaap Revenues
Revenues
4725000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-19890000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-20330000 usd
CY2021Q2 us-gaap Revenues
Revenues
3453000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-13293000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
14506000 usd
us-gaap Revenues
Revenues
9956000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-29954000 usd
us-gaap Profit Loss
ProfitLoss
-31887000 usd
us-gaap Revenues
Revenues
6407000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-25713000 usd
us-gaap Profit Loss
ProfitLoss
1967000 usd
CY2022Q2 us-gaap Assets
Assets
117846000 usd
CY2022Q2 us-gaap Noncurrent Assets
NoncurrentAssets
34703000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
0 usd
CY2021Q4 us-gaap Assets
Assets
156673000 usd
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
38448000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
7672000 usd
CY2022Q2 inpx Lessee Operating Lease Number Of Leases Entered Into
LesseeOperatingLeaseNumberOfLeasesEnteredInto
2 lease
CY2022Q2 inpx Operating Lease Accumulated Amortization
OperatingLeaseAccumulatedAmortization
1209000 usd
CY2021Q4 inpx Operating Lease Accumulated Amortization
OperatingLeaseAccumulatedAmortization
1282000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1582000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1736000 usd
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
300000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
700000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
600000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1622000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1751000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
600000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
643000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1022000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1108000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
412000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
546000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
457000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
279000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
99000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1793000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
171000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1622000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y11M19D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.064

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