10-Q Filing

MICROVISION, INC. CIK: 65770 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001193125-23-140886`
Period End Date	20230331
Filing Date	20230510
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	d466823d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 32 Cash Flow Statement 76 Stockholders Equity 20 Comprehensive Income 10

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	210.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.19M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	210.00M	shares	Point-in-time
Investment securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecurities`	$62.17M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	176.03M	shares	Point-in-time
Investment securities, available-for-sale	`AvailableForSaleSecuritiesDebtSecurities`	$44.54M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	170.50M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	176.03M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	170.50M	shares	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$3.26M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	-	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$506.00K	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	-	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$192.00K	USD	Point-in-time
Inventory	`InventoryNet`	$1.86M	USD	Point-in-time
Inventory	`InventoryNet`	$3.12M	USD	Point-in-time
Advance to Ibeo	`AssetAcquisitionConsiderationTransferredAssetCurrent`	-	USD	Point-in-time
Advance to Ibeo	`AssetAcquisitionConsiderationTransferredAssetCurrent`	$4.13M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.31M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$76.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$91.01M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$10.28M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.83M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$14.58M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$14.75M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.42M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$961.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$19.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$75.00K	USD	Point-in-time
Other assets	`OtherAssets`	$1.09M	USD	Point-in-time
Other assets	`OtherAssets`	$1.28M	USD	Point-in-time
Total assets	`Assets`	$123.26M	USD	Point-in-time
Total assets	`Assets`	$115.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.06M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$4.22M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$2.06M	USD	Point-in-time
Accrued liability for Ibeo business combination	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$6.19M	USD	Point-in-time
Accrued liability for Ibeo business combination	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiability`	$4.60M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiability`	$5.68M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$2.21M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$1.85M	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$15.00K	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$21.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$211.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$839.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.43M	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$13.73M	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$13.83M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$823.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$36.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$25.25M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001; 25,000 shares authorized; zero and zero shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001; 25,000 shares authorized; zero and zero shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001; 210,000 shares authorized; 176,026 and 170,503 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$176.00K	USD	Point-in-time
Common stock, par value $0.001; 210,000 shares authorized; 176,026 and 170,503 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$171.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$787.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$772.22M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$57.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-127.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-701.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-682.52M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$89.74M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$86.54M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$115.00M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$123.26M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$782.00K	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$350.00K	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$4.00K	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$544.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$238.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$346.00K	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$7.59M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$12.69M	USD	1 Quarter
Sales, marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$5.88M	USD	1 Quarter
Sales, marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$8.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$21.43M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.47M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.12M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.19M	USD	1 Quarter
Bargain purchase gain, net of tax	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	-	USD	1 Quarter
Bargain purchase gain, net of tax	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$1.71M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$639.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-44.00K	USD	1 Quarter
Net loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.17M	USD	1 Quarter
Net loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.85M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$181.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.03M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.17M	USD	1 Quarter
Net loss per share, basic	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Net loss per share, basic	`EarningsPerShareBasic`	$-0.11	USD	1 Quarter
Net loss per share, diluted	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Net loss per share, diluted	`EarningsPerShareDiluted`	$-0.11	USD	1 Quarter
Weighted-average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	174,703.00	shares	1 Quarter
Weighted-average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	164,563.00	shares	1 Quarter
Weighted-average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	174,703.00	shares	1 Quarter
Weighted-average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	164,563.00	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-19.03M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$483.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.52M	USD	1 Quarter
Bargain purchase gain	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	-	USD	1 Quarter
Bargain purchase gain	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$1.71M	USD	1 Quarter
Impairment of property and equipment	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of property and equipment	`ImpairmentOfLongLivedAssetsHeldForUse`	$60.00K	USD	1 Quarter
Inventory write-downs	`InventoryWriteDown`	-	USD	1 Quarter
Inventory write-downs	`InventoryWriteDown`	$29.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.73M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.95M	USD	1 Quarter
Net accretion of premium on short-term investments	`NetAccretionOfPremiumOnShorttermInvestments`	$-396.00K	USD	1 Quarter
Net accretion of premium on short-term investments	`NetAccretionOfPremiumOnShorttermInvestments`	$160.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$506.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	-	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$192.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$35.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$87.00K	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-647.00K	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-389.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.29M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.63M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$118.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.02M	USD	1 Quarter
Contract liabilities and other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-1.06M	USD	1 Quarter
Contract liabilities and other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-711.00K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-299.00K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-669.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	-	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$17.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.48M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.91M	USD	1 Quarter
Sales of investment securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$22.00M	USD	1 Quarter
Sales of investment securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.50M	USD	1 Quarter
Purchases of investment securities	`PaymentsToAcquireMarketableSecurities`	$16.70M	USD	1 Quarter
Purchases of investment securities	`PaymentsToAcquireMarketableSecurities`	$3.90M	USD	1 Quarter
Cash paid for Ibeo business combination	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash paid for Ibeo business combination	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.23M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$884.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$615.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.08M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.25M	USD	1 Quarter
Principal payments under finance leases	`FinanceLeasePrincipalPayments`	$6.00K	USD	1 Quarter
Principal payments under finance leases	`FinanceLeasePrincipalPayments`	$8.00K	USD	1 Quarter
Principal payments under long-term debt	`RepaymentsOfLongTermDebt`	$294.00K	USD	1 Quarter
Principal payments under long-term debt	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$253.00K	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$12.69M	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.69M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-49.00K	USD	1 Quarter
Change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.04M	USD	1 Quarter
Change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.46M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.41M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.95M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.70M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.41M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.95M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.70M	USD	Point-in-time
Acquisition of right-of-use asset	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$234.00K	USD	1 Quarter
Acquisition of right-of-use asset	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	-	USD	1 Quarter
Non-cash additions to property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$703.00K	USD	1 Quarter
Non-cash additions to property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$177.00K	USD	1 Quarter
Settlement of preexisting Advance to Ibeo in exchange for net assets acquired	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	$4.13M	USD	1 Quarter
Settlement of preexisting Advance to Ibeo in exchange for net assets acquired	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	-	USD	1 Quarter
Amounts issued to escrow for acquisition consideration	`EscrowDepositDisbursementsRelatedToPropertyAcquisition1`	$3.26M	USD	1 Quarter
Amounts issued to escrow for acquisition consideration	`EscrowDepositDisbursementsRelatedToPropertyAcquisition1`	-	USD	1 Quarter
Amounts held back for acquisition consideration	`AmountsHeldBackForAcquisitionConsideration`	$2.93M	USD	1 Quarter
Amounts held back for acquisition consideration	`AmountsHeldBackForAcquisitionConsideration`	-	USD	1 Quarter
Foreign currency translation adjustments	`NonCashForeignCurrencyTranslationAdjustments`	$107.00K	USD	1 Quarter
Foreign currency translation adjustments	`NonCashForeignCurrencyTranslationAdjustments`	-	USD	1 Quarter

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$103.47M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$86.54M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$112.75M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$89.74M	USD	Point-in-time
Beginning balance, share	`CommonStockSharesOutstanding`	176.03M	shares	Point-in-time
Beginning balance, share	`CommonStockSharesOutstanding`	170.50M	shares	Point-in-time
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$3.73M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$2.95M	USD	1 Quarter
Sales of common stock	`StockIssuedDuringPeriodValueNewIssues`	$12.69M	USD	1 Quarter
Exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$253.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.03M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.17M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$184.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-105.00K	USD	1 Quarter
Ending balance, share	`CommonStockSharesOutstanding`	176.03M	shares	Point-in-time
Ending balance, share	`CommonStockSharesOutstanding`	170.50M	shares	Point-in-time
Ending balance, value	`StockholdersEquity`	$103.47M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$86.54M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$112.75M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$89.74M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-19.03M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.17M	USD	1 Quarter
Unrealized gain (loss) on investment securities, available for sale	`MarketableSecuritiesUnrealizedGainLoss`	$-105.00K	USD	1 Quarter
Unrealized gain (loss) on investment securities, available for sale	`MarketableSecuritiesUnrealizedGainLoss`	$77.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$107.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Total comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-105.00K	USD	1 Quarter
Total comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$184.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-13.27M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-18.84M	USD	1 Quarter

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