10-Q Filing

Montauk Renewables, Inc. CIK: 1826600 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001193125-21-247857`
Period End Date	20210630
Filing Date	20210816
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	d175765d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 69 Cash Flow Statement 70 Stockholders Equity 17

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	690.00M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	143.58M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	141.02M	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	950,214.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.35M	USD	Point-in-time
Accounts and other receivables, net	`AccountsAndOtherReceivablesNetCurrent`	$5.45M	USD	Point-in-time
Accounts and other receivables, net	`AccountsAndOtherReceivablesNetCurrent`	$10.12M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.57M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.05M	USD	Point-in-time
Restricted cash - non-current	`RestrictedCashNoncurrent`	$567.00K	USD	Point-in-time
Restricted cash - non-current	`RestrictedCashNoncurrent`	$573.00K	USD	Point-in-time
Restricted cash - non-current	`RestrictedCashNoncurrent`	$567.00K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$184.23M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$187.05M	USD	Point-in-time
Related party receivable	`DueFromRelatedParties`	$7.14M	USD	Point-in-time
Goodwill and intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$14.03M	USD	Point-in-time
Goodwill and intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$13.41M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$10.56M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$14.82M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$450.00K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$586.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.24M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.82M	USD	Point-in-time
Total assets	`Assets`	$253.97M	USD	Point-in-time
Total assets	`Assets`	$251.65M	USD	Point-in-time
Total assets	`Assets`	$253.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.29M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.96M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$11.54M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$12.68M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$282.00K	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$292.00K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$265.00K	USD	Point-in-time
Current portion of derivative instruments	`DerivativeLiabilitiesCurrent`	$1.19M	USD	Point-in-time
Current portion of derivative instruments	`DerivativeLiabilitiesCurrent`	$957.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.49M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.46M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$56.27M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$51.45M	USD	Point-in-time
Non-current portion of lease liability	`OperatingLeaseLiabilityNoncurrent`	$320.00K	USD	Point-in-time
Non-current portion of lease liability	`OperatingLeaseLiabilityNoncurrent`	$177.00K	USD	Point-in-time
Non-current portion of derivative instruments	`DerivativeLiabilitiesNoncurrent`	$1.07M	USD	Point-in-time
Non-current portion of derivative instruments	`DerivativeLiabilitiesNoncurrent`	$579.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$5.82M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$5.69M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.92M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$93.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$89.02M	USD	Point-in-time
Members' equity	`MemberEquity`	$159.62M	USD	Point-in-time
Common stock, $0.01 par value, authorized 690,000,000 shares; 143,584,827 shares issued at June 30, 2021; 141,015,213 shares outstanding at June 30, 2021	`CommonStockValue`	$1.41M	USD	Point-in-time
Treasury stock, at cost, 950,214 shares at June 30, 2021	`TreasuryStockValue`	$10.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$190.94M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-18.92M	USD	Point-in-time
Total stockholders' and members' equity	`StockholdersEquity`	$158.73M	USD	Point-in-time
Total stockholders' and members' equity	`StockholdersEquity`	$159.62M	USD	Point-in-time
Total stockholders' and members' equity	`StockholdersEquity`	$162.62M	USD	Point-in-time
Total liabilities and stockholders' and members' equity	`LiabilitiesAndStockholdersEquity`	$251.65M	USD	Point-in-time
Total liabilities and stockholders' and members' equity	`LiabilitiesAndStockholdersEquity`	$253.36M	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Total operating revenues	`Revenues`	$63.12M	USD	2 Qtrs
Total operating revenues	`Revenues`	$46.31M	USD	2 Qtrs
Total operating revenues	`Revenues`	$31.67M	USD	1 Quarter
Total operating revenues	`Revenues`	$27.91M	USD	1 Quarter
Operating and maintenance expenses	`OperatingAndMaintenanceExpenses`	$23.83M	USD	2 Qtrs
Operating and maintenance expenses	`OperatingAndMaintenanceExpenses`	$10.12M	USD	1 Quarter
Operating and maintenance expenses	`OperatingAndMaintenanceExpenses`	$13.19M	USD	1 Quarter
Operating and maintenance expenses	`OperatingAndMaintenanceExpenses`	$19.96M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.20M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.34M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.77M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.76M	USD	2 Qtrs
Royalties, transportation, gathering and production fuel	`RoyaltiesTransportationGatheringAndProductionFuel`	$12.20M	USD	2 Qtrs
Royalties, transportation, gathering and production fuel	`RoyaltiesTransportationGatheringAndProductionFuel`	$5.25M	USD	1 Quarter
Royalties, transportation, gathering and production fuel	`RoyaltiesTransportationGatheringAndProductionFuel`	$8.19M	USD	2 Qtrs
Royalties, transportation, gathering and production fuel	`RoyaltiesTransportationGatheringAndProductionFuel`	$5.99M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationAndAmortization`	$5.66M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationAndAmortization`	$10.65M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationAndAmortization`	$5.30M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationAndAmortization`	$11.40M	USD	2 Qtrs
Gain on insurance proceeds	`GainOnInsuranceProceeds`	$94.00K	USD	1 Quarter
Gain on insurance proceeds	`GainOnInsuranceProceeds`	$82.00K	USD	2 Qtrs
Gain on insurance proceeds	`GainOnInsuranceProceeds`	$750.00K	USD	2 Qtrs
Impairment loss	`AssetImpairmentCharges`	$626.00K	USD	2 Qtrs
Impairment loss	`AssetImpairmentCharges`	$278.00K	USD	2 Qtrs
Impairment loss	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment loss	`AssetImpairmentCharges`	-	USD	1 Quarter
Transaction costs	`TransactionCosts`	$37.00K	USD	1 Quarter
Transaction costs	`TransactionCosts`	$125.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$24.35M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$75.86M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$45.53M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$32.21M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-12.74M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$780.00K	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$3.56M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-537.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.37M	USD	2 Qtrs
Interest expense	`InterestExpense`	$720.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$859.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.07M	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-34.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-10.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-45.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-60.00K	USD	1 Quarter
Total other expenses	`OtherExpenses`	$1.41M	USD	2 Qtrs
Total other expenses	`OtherExpenses`	$919.00K	USD	1 Quarter
Total other expenses	`OtherExpenses`	$3.11M	USD	2 Qtrs
Total other expenses	`OtherExpenses`	$730.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.64M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.15M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.27M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.33M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$3.38M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$4.23M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$4.77M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-6.56M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-18.92M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.23M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.58M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.65M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.02M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.02M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.02M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.02M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-18.92M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.23M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.58M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.65M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$10.65M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$11.40M	USD	2 Qtrs
Provision (benefit) for deferred income taxes	`ProvisionBenefitForDeferredIncomeTaxes`	$-4.26M	USD	2 Qtrs
Provision (benefit) for deferred income taxes	`ProvisionBenefitForDeferredIncomeTaxes`	$6.61M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$17.14M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$239.00K	USD	2 Qtrs
Related party receivables	`RelatedPartyReceivables`	$-164.00K	USD	2 Qtrs
Derivative mark-to-market adjustments and settlements	`DerivativeMarkToMarketAndSettlements`	$724.00K	USD	2 Qtrs
Derivative mark-to-market adjustments and settlements	`DerivativeMarkToMarketAndSettlements`	$-1.77M	USD	2 Qtrs
Gain on property insurance proceeds	`GainOnPropertyInsuranceProceeds`	$750.00K	USD	2 Qtrs
Gain on property insurance proceeds	`GainOnPropertyInsuranceProceeds`	$82.00K	USD	2 Qtrs
Net loss on sale of assets	`GainsLossesOnSalesOfAssets`	$-22.00K	USD	2 Qtrs
Accretion of asset retirement obligations	`AccretionOfAssetRetirementObligations`	$-215.00K	USD	2 Qtrs
Accretion of asset retirement obligations	`AccretionOfAssetRetirementObligations`	$-169.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$362.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$176.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$271.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$133.00K	USD	1 Quarter
Impairment loss	`ImpairmentLoss`	$-278.00K	USD	2 Qtrs
Impairment loss	`ImpairmentLoss`	$-626.00K	USD	2 Qtrs
Accounts and other receivables and other current assets	`IncreaseDecreaseInAccountsAndOtherReceivables`	$3.55M	USD	2 Qtrs
Accounts and other receivables and other current assets	`IncreaseDecreaseInAccountsAndOtherReceivables`	$2.29M	USD	2 Qtrs
Accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$590.00K	USD	2 Qtrs
Accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$150.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.24M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.37M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$4.47M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$10.45M	USD	2 Qtrs
Asset Acquisition	`PaymentToAcquirePropertyPlantAndEquipment`	$4.14M	USD	2 Qtrs
Cash collateral deposits, net	`PaymentsForCollateralDepositsNet`	-	USD	2 Qtrs
Cash collateral deposits, net	`PaymentsForCollateralDepositsNet`	$-13.00K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$8.00K	USD	2 Qtrs
Proceeds from insurance recovery	`ProceedsFromInsuranceReceivedForLossOfEquipment`	$750.00K	USD	2 Qtrs
Proceeds from insurance recovery	`ProceedsFromInsuranceReceivedForLossOfEquipment`	$82.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.52M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.69M	USD	2 Qtrs
Borrowings of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$5.00M	USD	Point-in-time
Borrowings of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$8.50M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$5.00M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$5.00M	USD	2 Qtrs
Proceeds from initial public offering	`ProceedsFromIssuanceInitialPublicOffering`	$15.59M	USD	2 Qtrs
Treasury stock purchase	`PaymentsForRepurchaseOfEquity`	$10.81M	USD	2 Qtrs
Loan to Montauk Holdings Limited	`PaymentsForProceedsFromLoansReceivable`	$7.14M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.50M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.36M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.18M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.64M	USD	2 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.36M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.54M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.92M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.56M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.36M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.54M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.92M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.35M	USD	Point-in-time
Restricted cash and cash equivalents - current	`RestrictedCashCurrent`	$35.00K	USD	Point-in-time
Restricted cash and cash equivalents - non-current	`RestrictedCashNoncurrent`	$567.00K	USD	Point-in-time
Restricted cash and cash equivalents - non-current	`RestrictedCashNoncurrent`	$573.00K	USD	Point-in-time
Restricted cash and cash equivalents - non-current	`RestrictedCashNoncurrent`	$567.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.36M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.54M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.92M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.56M	USD	Point-in-time

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`MembersEquity`	$159.62M	USD	Point-in-time
Beginning balance	`MembersEquity`	$160.30M	USD	Point-in-time
Beginning balance	`MembersEquity`	$164.74M	USD	Point-in-time
Beginning balance	`MembersEquity`	$154.26M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-18.92M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$4.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.58M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.65M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.14M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$239.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.54M	USD	1 Quarter
IPO common stock	`StockIssuedDuringPeriodValueNewIssues`	$15.59M	USD	2 Qtrs
Treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$-10.81M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$158.73M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$159.62M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$162.62M	USD	Point-in-time

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