10-Q Filing

REVOLUTION LIGHTING TECHNOLOGIES, INC. CIK: 917523 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-670965`
Period End Date	20160630
Filing Date	20160804
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	rvlt-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 57 Cash Flow Statement 61 Stockholders Equity 21

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.00M	USD	Point-in-time
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.06M	USD	Point-in-time
Inventories, reserve	`InventoryValuationReserves`	$1.94M	USD	Point-in-time
Inventories, reserve	`InventoryValuationReserves`	$1.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.03M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$12.85M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$15.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$219.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$483.00K	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $1,062 and $1,005	`AccountsReceivableNetCurrent`	$41.13M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $1,062 and $1,005	`AccountsReceivableNetCurrent`	$43.47M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Unbilled contract receivables	`UnbilledContractsReceivableCurrent`	$5.29M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Unbilled contract receivables	`UnbilledContractsReceivableCurrent`	$4.56M	USD	Point-in-time
Inventories, less reserves of $1,941 and $1,946	`InventoryNet`	$25.18M	USD	Point-in-time
Inventories, less reserves of $1,941 and $1,946	`InventoryNet`	$22.14M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	15.96M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	20.78M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.83M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	20.78M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	15.96M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$71.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$84.52M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$2.77M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$2.70M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.46M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.58M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$1.25M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$1.19M	USD	Point-in-time
Goodwill	`Goodwill`	$64.27M	USD	Point-in-time
Goodwill	`Goodwill`	$70.58M	USD	Point-in-time
Intangible assets, less accumulated amortization of $15,198 and $12,849	`FiniteLivedIntangibleAssetsNet`	$45.40M	USD	Point-in-time
Intangible assets, less accumulated amortization of $15,198 and $12,849	`FiniteLivedIntangibleAssetsNet`	$39.59M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$504.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$651.00K	USD	Point-in-time
Total assets	`Assets`	$177.63M	USD	Point-in-time
Total assets	`Assets`	$202.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.89M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$3.87M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$3.39M	USD	Point-in-time
Notes payable-current	`NotesPayableCurrent`	$10.36M	USD	Point-in-time
Notes payable-current	`NotesPayableCurrent`	$11.36M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$5.33M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$7.46M	USD	Point-in-time
Purchase price obligations-current	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$4.04M	USD	Point-in-time
Purchase price obligations-current	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$7.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$48.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.02M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$22.03M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$22.58M	USD	Point-in-time
Related party payable-noncurrent	`DueToRelatedPartiesNoncurrent`	$2.56M	USD	Point-in-time
Related party payable-noncurrent	`DueToRelatedPartiesNoncurrent`	$2.56M	USD	Point-in-time
Notes payable-noncurrent	`LongTermNotesPayable`	$3.25M	USD	Point-in-time
Notes payable-noncurrent	`LongTermNotesPayable`	$2.43M	USD	Point-in-time
Purchase price obligations-noncurrent	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$1.76M	USD	Point-in-time
Purchase price obligations-noncurrent	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$2.66M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$727.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$81.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$75.53M	USD	Point-in-time
Common stock, $.001 par value, 35,000 and 200,000 shares authorized, 20,783 and 15,964 issued and outstanding at June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$21.00K	USD	Point-in-time
Common stock, $.001 par value, 35,000 and 200,000 shares authorized, 20,783 and 15,964 issued and outstanding at June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$199.45M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$176.76M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-78.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-74.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$77.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$121.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$102.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$177.63M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$202.19M	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$70.71M	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$43.12M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$47.58M	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$27.25M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$29.77M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$31.33M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$48.31M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$18.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$16.24M	USD	2 Qtrs
Gross profit	`GrossProfit`	$9.07M	USD	1 Quarter
Gross profit	`GrossProfit`	$13.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$22.40M	USD	2 Qtrs
Acquisition, severance and transition costs	`BusinessCombinationIntegrationRelatedCosts`	$453.00K	USD	1 Quarter
Acquisition, severance and transition costs	`BusinessCombinationIntegrationRelatedCosts`	$752.00K	USD	2 Qtrs
Acquisition, severance and transition costs	`BusinessCombinationIntegrationRelatedCosts`	$1.86M	USD	1 Quarter
Acquisition, severance and transition costs	`BusinessCombinationIntegrationRelatedCosts`	$3.00M	USD	2 Qtrs
Amortization and depreciation	`DepreciationAndAmortization`	$2.18M	USD	2 Qtrs
Amortization and depreciation	`DepreciationAndAmortization`	$2.88M	USD	2 Qtrs
Amortization and depreciation	`DepreciationAndAmortization`	$1.56M	USD	1 Quarter
Amortization and depreciation	`DepreciationAndAmortization`	$1.15M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$592.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.02M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$629.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.16M	USD	2 Qtrs
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$16.87M	USD	2 Qtrs
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$14.21M	USD	2 Qtrs
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$9.28M	USD	1 Quarter
Other selling, general and administrative	`OtherSellingGeneralAndAdministrativeExpense`	$7.74M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$906.00K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$588.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$221.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.22M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$10.19M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$19.21M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$13.89M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$24.99M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.97M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-1.11M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-540.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.59M	USD	2 Qtrs
Interest and other expense	`InterestExpenseOther`	$566.00K	USD	2 Qtrs
Interest and other expense	`InterestExpenseOther`	$586.00K	USD	1 Quarter
Interest and other expense	`InterestExpenseOther`	$374.00K	USD	1 Quarter
Interest and other expense	`InterestExpenseOther`	$1.15M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.74M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.49M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.38M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.53M	USD	2 Qtrs
Basic and diluted net loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.25	USD	2 Qtrs
Basic and diluted net loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	2 Qtrs
Basic and diluted net loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Basic and diluted net loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.37M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.70M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.85M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.13M	shares	2 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.74M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.49M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.38M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.53M	USD	2 Qtrs
Depreciation	`Depreciation`	$279.00K	USD	2 Qtrs
Depreciation	`Depreciation`	$198.00K	USD	2 Qtrs
Amortization of intangibles and other assets	`AmortizationOfIntangibleAssetsAndOtherAssets`	$2.68M	USD	2 Qtrs
Amortization of intangibles and other assets	`AmortizationOfIntangibleAssetsAndOtherAssets`	$1.90M	USD	2 Qtrs
Reacquired common stock issued for acquisition	`ReacquiredCommonStockIssuedForAcquisition`	$547.00K	USD	2 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$485.00K	USD	2 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$832.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$592.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.02M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$629.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.16M	USD	2 Qtrs
Increase in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$2.78M	USD	2 Qtrs
Increase in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$413.00K	USD	2 Qtrs
Decrease in unbilled contract receivables	`IncreaseDecreaseInUnbilledReceivables`	$-910.00K	USD	2 Qtrs
Increase in inventories, net	`IncreaseDecreaseInInventories`	$5.93M	USD	2 Qtrs
Increase in inventories, net	`IncreaseDecreaseInInventories`	$3.04M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$437.00K	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.35M	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.98M	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.51M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-13.92M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-930.00K	USD	2 Qtrs
Acquisition of business and other, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.46M	USD	2 Qtrs
Acquisition of business and other, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$100.00K	USD	2 Qtrs
Payment of acquisition obligations	`PaymentsToAcquireBusinessesGross`	$1.01M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$240.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-10.59M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-340.00K	USD	2 Qtrs
Fees pertaining to issuance of common stock	`PaymentsOfStockIssuanceCosts`	$219.00K	USD	2 Qtrs
Fees pertaining to issuance of common stock	`PaymentsOfStockIssuanceCosts`	$71.00K	USD	2 Qtrs
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$16.19M	USD	2 Qtrs
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$15.20M	USD	Point-in-time
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$15.20M	USD	1 Quarter
Repayments of note payable	`RepaymentsOfNotesPayable`	$180.00K	USD	2 Qtrs
Repayments of note payable	`RepaymentsOfNotesPayable`	$180.00K	USD	2 Qtrs
Net proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$550.00K	USD	2 Qtrs
Net proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$9.11M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$8.71M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$16.49M	USD	2 Qtrs
Increase (decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.97M	USD	2 Qtrs
Increase (decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.55M	USD	2 Qtrs
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.19M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.03M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$219.00K	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$483.00K	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.19M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.03M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$219.00K	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$483.00K	USD	Point-in-time
Cash paid during period for interest	`InterestPaid`	$245.00K	USD	2 Qtrs
Cash paid during period for interest	`InterestPaid`	$414.00K	USD	2 Qtrs
Contingent consideration and other	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$5.63M	USD	2 Qtrs
Issuance of stock	`StockIssued1`	$6.05M	USD	2 Qtrs
Issuance of stock	`StockIssued1`	$6.05M	USD	2 Qtrs
Deferred consideration for acquisition	`DeferredConsiderationOnBusinessAcquisition`	$500.00K	USD	2 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$77.32M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$121.05M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$102.10M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationPayments`	$2.19M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationPayments`	$523.00K	USD	2 Qtrs
Shares issued for contingent consideration	`StockIssuedDuringPeriodValueContingentConsiderations`	$5.84M	USD	Annual
Shares issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$10.18M	USD	Annual
Issuance of common stock for cash, net of issuance costs, (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	3.19M	shares	1 Quarter
Issuance of common stock for cash, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$16.19M	USD	2 Qtrs
Issuance of common stock for cash, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$9.51M	USD	Annual
Cancellation of reacquired escrowed common stock	`CancellationOfCommonStockHeldInEscrowInConnectionWithAcquisitionValue`	$547.00K	USD	Annual
Shares issued for contingent consideration and acquisition	`StockIssuedDuringPeriodValueContingentConsiderationsAndAcquisitions`	$6.05M	USD	2 Qtrs
Fees associated with issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$71.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.74M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.49M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.38M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.53M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$77.32M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$121.05M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$102.10M	USD	Point-in-time

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