10-K Filing

Heritage Global Inc. CIK: 849145 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000950170-24-031436`
Period End Date	20231231
Filing Date	20240314
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	hgbl-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 28 Cash Flow Statement 74 Stockholders Equity 19

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$132.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$122.00K	USD	Point-in-time
Notes receivable, net of allowance for credit losses	`AccountsAndNotesReceivableNet`	-	USD	Point-in-time
Notes receivable, net of allowance for credit losses	`AccountsAndNotesReceivableNet`	$650.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.67M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.28M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Accounts receivable, (net of allowance for credit losses of $132 and $0)	`AccountsReceivableNetCurrent`	$1.91M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, (net of allowance for credit losses of $132 and $0)	`AccountsReceivableNetCurrent`	$988.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	565.00	shares	Point-in-time
Current portion of notes receivable, (net of allowance for credit losses of $650 and $0)	`NotesAndLoansReceivableNetCurrent`	$6.58M	USD	Point-in-time
Current portion of notes receivable, (net of allowance for credit losses of $650 and $0)	`NotesAndLoansReceivableNetCurrent`	$4.50M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	563.00	shares	Point-in-time
Inventory equipment	`InventoryNet`	$5.07M	USD	Point-in-time
Inventory equipment	`InventoryNet`	$4.62M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	565.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	563.00	shares	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$448.00K	USD	Point-in-time
Preferred stock liquidation preference	`PreferredStockLiquidationPreference`	$1.00K	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.11M	USD	Point-in-time
Preferred stock liquidation preference	`PreferredStockLiquidationPreference`	$1.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$26.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.89M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Non-current portion of notes receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$10.89M	USD	Point-in-time
Non-current portion of notes receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$4.25M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$21.36M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	36.93M	shares	Point-in-time
Equity method investments	`EquityMethodInvestments`	$13.97M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	37.16M	shares	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$2.78M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.16M	shares	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$2.54M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	36.93M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.57M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	243,468.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.71M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	396,175.00	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.14M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.75M	USD	Point-in-time
Goodwill	`Goodwill`	$7.45M	USD	Point-in-time
Goodwill	`Goodwill`	$7.45M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$9.45M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$9.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$67.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$64.00K	USD	Point-in-time
Total assets	`Assets`	$83.17M	USD	Point-in-time
Total assets	`Assets`	$67.56M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$8.92M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$7.24M	USD	Point-in-time
Payables to sellers	`SettlementLiabilitiesCurrent`	$3.19M	USD	Point-in-time
Payables to sellers	`SettlementLiabilitiesCurrent`	$4.97M	USD	Point-in-time
Current portion of third party debt	`UnsecuredDebtCurrent`	$1.73M	USD	Point-in-time
Current portion of third party debt	`UnsecuredDebtCurrent`	$3.41M	USD	Point-in-time
Current portion of lease liabilities	`OperatingLeaseLiabilityCurrent`	$703.00K	USD	Point-in-time
Current portion of lease liabilities	`OperatingLeaseLiabilityCurrent`	$789.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.73M	USD	Point-in-time
Non-current portion of third party debt	`UnsecuredLongTermDebt`	$5.50M	USD	Point-in-time
Non-current portion of third party debt	`UnsecuredLongTermDebt`	$871.00K	USD	Point-in-time
Non-current portion of lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.16M	USD	Point-in-time
Non-current portion of lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$22.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$19.26M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $10.00 par value, authorized 10,000,000 shares; issued and outstanding 563 and 565 shares of Series N shares at December 31, 2023 and 568 shares at December 31, 2022; with liquidation preference over common stockholders equivalent to $1,000 per share	`PreferredStockValue`	$6.00K	USD	Point-in-time
Preferred stock, $10.00 par value, authorized 10,000,000 shares; issued and outstanding 563 and 565 shares of Series N shares at December 31, 2023 and 568 shares at December 31, 2022; with liquidation preference over common stockholders equivalent to $1,000 per share	`PreferredStockValue`	$6.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 300,000,000 shares; issued and outstanding 37,157,616 shares at December 31, 2023 and 36,932,177 shares at December 31, 2022	`CommonStockValue`	$372.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 300,000,000 shares; issued and outstanding 37,157,616 shares at December 31, 2023 and 36,932,177 shares at December 31, 2022	`CommonStockValue`	$369.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$294.52M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$293.59M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-245.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-233.03M	USD	Point-in-time
Treasury stock at cost, 396,175 shares as of December 31, 2023 and 243,468 shares as of December 31, 2022	`TreasuryStockValue`	$395.00K	USD	Point-in-time
Treasury stock at cost, 396,175 shares as of December 31, 2023 and 243,468 shares as of December 31, 2022	`TreasuryStockValue`	$794.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$32.64M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$61.08M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$48.30M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$67.56M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$83.17M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$46.91M	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$60.55M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.04M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$21.33M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$514.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$536.00K	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$47.28M	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$42.77M	USD	Annual
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestments`	$6.98M	USD	Annual
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestments`	$1.06M	USD	Annual
Operating income	`OperatingIncomeLoss`	$11.12M	USD	Annual
Operating income	`OperatingIncomeLoss`	$14.32M	USD	Annual
Interest expense, net	`InterestAndOtherExpenseNet`	$113.00K	USD	Annual
Interest expense, net	`InterestAndOtherExpenseNet`	$324.00K	USD	Annual
Income before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.01M	USD	Annual
Income before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.99M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.52M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-4.49M	USD	Annual
Net income	`NetIncomeLoss`	$12.47M	USD	Annual
Net income	`NetIncomeLoss`	$15.49M	USD	Annual
Weighted average common shares outstanding basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.02M	shares	Annual
Weighted average common shares outstanding basic	`WeightedAverageNumberOfSharesOutstandingBasic`	36.68M	shares	Annual
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.10M	shares	Annual
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.59M	shares	Annual
Net income per share basic	`EarningsPerShareBasic`	$0.34	USD	Annual
Net income per share basic	`EarningsPerShareBasic`	$0.43	USD	Annual
Net income per share diluted	`EarningsPerShareDiluted`	$0.42	USD	Annual
Net income per share diluted	`EarningsPerShareDiluted`	$0.33	USD	Annual

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$12.47M	USD	Annual
Net income	`ProfitLoss`	$15.49M	USD	Annual
Amortization of deferred issuance costs and fees	`AmortizationOfFinancingCostsAndDiscounts`	$279.00K	USD	Annual
Amortization of deferred issuance costs and fees	`AmortizationOfFinancingCostsAndDiscounts`	$-273.00K	USD	Annual
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestments`	$6.98M	USD	Annual
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestments`	$1.06M	USD	Annual
Non cash credit loss	`OtherNoncashExpense`	-	USD	Annual
Non cash credit loss	`OtherNoncashExpense`	$530.00K	USD	Annual
Non cash lease expense	`NoncashLeaseExpense`	$642.00K	USD	Annual
Non cash lease expense	`NoncashLeaseExpense`	$548.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$514.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$536.00K	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$418.00K	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.96M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$776.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$540.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.74M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$931.00K	USD	Annual
Inventory equipment	`IncreaseDecreaseInInventories`	$455.00K	USD	Annual
Inventory equipment	`IncreaseDecreaseInInventories`	$1.40M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-328.00K	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-662.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.44M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.13M	USD	Annual
Payables to sellers	`IncreaseDecreaseOfPayablesToSellers`	$-3.26M	USD	Annual
Payables to sellers	`IncreaseDecreaseOfPayablesToSellers`	$1.79M	USD	Annual
Lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-513.00K	USD	Annual
Lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-625.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.48M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.02M	USD	Annual
Investment in notes receivable	`PaymentsToAcquireNotesReceivable`	$8.44M	USD	Annual
Investment in notes receivable	`PaymentsToAcquireNotesReceivable`	$29.83M	USD	Annual
Payments received on notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$3.45M	USD	Annual
Payments received on notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$11.88M	USD	Annual
Investment in equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$17.22M	USD	Annual
Investment in equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$14.61M	USD	Annual
Return of investment in equity method investments	`ReturnOfInvestmentInEquityMethodInvestments`	$5.31M	USD	Annual
Return of investment in equity method investments	`ReturnOfInvestmentInEquityMethodInvestments`	$9.65M	USD	Annual
Cash distributions from equity method investments	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$6.99M	USD	Annual
Cash distributions from equity method investments	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.06M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$215.00K	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$257.00K	USD	Annual
Cash received on transfer of notes receivable to partners	`CashReceivedOnTransferOfNotesReceivableToPartners`	$8.85M	USD	Annual
Cash received on transfer of notes receivable to partners	`CashReceivedOnTransferOfNotesReceivableToPartners`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.52M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.87M	USD	Annual
Proceeds from debt payable to third parties	`ProceedsFromShortTermDebt`	$13.00M	USD	Annual
Proceeds from debt payable to third parties	`ProceedsFromShortTermDebt`	$2.88M	USD	Annual
Repayment of debt payable to third parties	`RepaymentsOfShortTermDebt`	$10.05M	USD	Annual
Repayment of debt payable to third parties	`RepaymentsOfShortTermDebt`	$2.43M	USD	Annual
Proceeds from issuance of common stock from stock option awards	`ProceedsFromIssuanceOfCommonStockFromStockOptionAwards`	$66.00K	USD	Annual
Proceeds from issuance of common stock from stock option awards	`ProceedsFromIssuanceOfCommonStockFromStockOptionAwards`	$36.00K	USD	Annual
Payments of tax withholdings related to issuance of restricted stock and cashless exercises of stock option awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$122.00K	USD	Annual
Payments of tax withholdings related to issuance of restricted stock and cashless exercises of stock option awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$44.00K	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$400.00K	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$395.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$78.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.46M	USD	Annual
Net Change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-388.00K	USD	Annual
Net Change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-955.00K	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.67M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.62M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.28M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.67M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.62M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.28M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	$848.00K	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	$297.00K	USD	Annual
Cash paid for interest	`InterestPaidNet`	$103.00K	USD	Annual
Cash paid for interest	`InterestPaidNet`	$411.00K	USD	Annual
Noncash change in right-of-use assets	`NoncashChangeInRightOfUseAssets`	$630.00K	USD	Annual
Noncash change in right-of-use assets	`NoncashChangeInRightOfUseAssets`	$405.00K	USD	Annual
Noncash change in lease liabilities	`NoncashChangeInLeaseLiabilities`	$405.00K	USD	Annual
Noncash change in lease liabilities	`NoncashChangeInLeaseLiabilities`	$630.00K	USD	Annual

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$32.64M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$61.08M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$48.30M	USD	Point-in-time
Issuance of common stock from stock option awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$22.00K	USD	Annual
Issuance of common stock from stock option awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.00K	USD	Annual
Issuance of common stock from stock options awards, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	339,125.00	shares	Annual
Issuance of common stock from stock options awards, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	102,125.00	shares	Annual
Cumulative change in accounting principle	`CumulativeChangeInAccountingPrinciple`	$-231.00K	USD	Annual
Issuance of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$134.00K	USD	Annual
Issuance of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$151.00K	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$406.00K	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$776.00K	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$395.00K	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$399.00K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$12.47M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$15.49M	USD	Annual
Ending Balance	`StockholdersEquity`	$32.64M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$61.08M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$48.30M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.