10-Q Filing

CPI AEROSTRUCTURES INC CIK: 889348 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001387131-17-005360`
Period End Date	20170930
Filing Date	20171109
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	cvu-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 60 Cash Flow Statement 61 Stockholders Equity 21

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$535.51K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$150.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$1.00M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`Cash`	$711.08K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`Cash`	$665.32K	USD	Point-in-time
Cash	`Cash`	$1.04M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $150,000 as of September 30, 2017 and $535,514 as of December 31, 2016	`AccountsReceivableNetCurrent`	$4.74M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $150,000 as of September 30, 2017 and $535,514 as of December 31, 2016	`AccountsReceivableNetCurrent`	$8.51M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	8.74M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	8.85M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$108.38M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	8.74M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	8.85M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$99.58M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.47M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$111.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$116.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.02M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsNetNoncurrent`	$3.95M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsNetNoncurrent`	$2.14M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$204.35K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$252.48K	USD	Point-in-time
Total Assets	`Assets`	$117.79M	USD	Point-in-time
Total Assets	`Assets`	$120.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.17M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.39M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.35M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$115.34K	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$413.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.34M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.86M	USD	Point-in-time
Contract loss	`ProvisionForLossOnContracts`	$280.62K	USD	Point-in-time
Contract loss	`ProvisionForLossOnContracts`	$1.38M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$22.44M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$23.44M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$6.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$6.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.52M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$7.43M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$8.86M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$632.74K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$607.83K	USD	Point-in-time
Total Liabilities	`Liabilities`	$50.19M	USD	Point-in-time
Total Liabilities	`Liabilities`	$48.56M	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, 8,846,817 and 8,739,836 shares, respectively, issued and outstanding	`CommonStockValue`	$8.85K	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, 8,846,817 and 8,739,836 shares, respectively, issued and outstanding	`CommonStockValue`	$8.74K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$52.82M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$53.61M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.49M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.10K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.00K	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$70.53M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$72.11M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$67.61M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$65.31M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$117.79M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$120.67M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$57.06M	USD	3 Qtrs
Revenue	`SalesRevenueNet`	$57.47M	USD	3 Qtrs
Revenue	`SalesRevenueNet`	$20.71M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$22.11M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$15.79M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$58.64M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$17.09M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$44.34M	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$-1.58M	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$4.91M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$5.02M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$13.13M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.21M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.01M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.60M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.04M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$2.87M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$3.01M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$6.92M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-8.18M	USD	3 Qtrs
Interest expense	`InterestExpense`	$402.62K	USD	1 Quarter
Interest expense	`InterestExpense`	$937.52K	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.26M	USD	3 Qtrs
Interest expense	`InterestExpense`	$338.16K	USD	1 Quarter
Income (loss) before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.66M	USD	3 Qtrs
Income (loss) before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.12M	USD	3 Qtrs
Income (loss) before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.67M	USD	1 Quarter
Income (loss) before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.47M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.95M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$986.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-3.38M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$770.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.71M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-5.74M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.69M	USD	1 Quarter
Other comprehensive income (loss) net of tax - Change in unrealized gain (loss) interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.90K	USD	3 Qtrs
Other comprehensive income (loss) net of tax - Change in unrealized gain (loss) interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.30K	USD	1 Quarter
Other comprehensive income (loss) net of tax - Change in unrealized gain (loss) interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$25.94K	USD	1 Quarter
Other comprehensive income (loss) net of tax - Change in unrealized gain (loss) interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-44.55K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.71M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.69M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.71M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-5.79M	USD	3 Qtrs
Income (loss) per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	3 Qtrs
Income (loss) per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Income (loss) per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Income (loss) per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.67	USD	3 Qtrs
Income (loss) per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Income (loss) per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Income (loss) per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	3 Qtrs
Income (loss) per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.67	USD	3 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.82M	shares	3 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.63M	shares	3 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.68M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.85M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.87M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.69M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.84M	shares	3 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.63M	shares	3 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$3.71M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-5.74M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$555.31K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$459.26K	USD	3 Qtrs
Debt issue costs	`AmortizationOfFinancingCosts`	$48.13K	USD	3 Qtrs
Deferred rent	`OtherAmortizationOfDeferredCharges`	$6.18K	USD	3 Qtrs
Deferred rent	`OtherAmortizationOfDeferredCharges`	$-22.52K	USD	3 Qtrs
Loss on disposal of fixed asset	`GainLossOnDispositionOfAssets`	$-21.01K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$564.59K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$787.29K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$150.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$395.75K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.80M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.46M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.73M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.62M	USD	3 Qtrs
(Increase) decrease in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$8.80M	USD	3 Qtrs
(Increase) decrease in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$-6.88M	USD	3 Qtrs
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$299.32K	USD	3 Qtrs
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.59M	USD	3 Qtrs
Decrease in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.66M	USD	3 Qtrs
Decrease in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-888.22K	USD	3 Qtrs
Increase in billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$655.31K	USD	3 Qtrs
Increase in billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$297.67K	USD	3 Qtrs
Increase (decrease) in accrued losses on uncompleted contracts	`IncreaseDecreaseInAccruedLossOnUncompletedContracts`	$1.48M	USD	3 Qtrs
Increase (decrease) in accrued losses on uncompleted contracts	`IncreaseDecreaseInAccruedLossOnUncompletedContracts`	$-1.10M	USD	3 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-164.12K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.81M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-209.02K	USD	3 Qtrs
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$93.75K	USD	3 Qtrs
Purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$240.92K	USD	3 Qtrs
Proceeds from sale of fixed asset	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$42.48K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-198.44K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-93.75K	USD	3 Qtrs
Payment on long-term debt	`RepaymentsOfLongTermDebt`	$921.05K	USD	3 Qtrs
Payment on long-term debt	`RepaymentsOfLongTermDebt`	$1.51M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$10.00M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$28.64M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$3.00M	USD	3 Qtrs
Payment on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$2.00M	USD	3 Qtrs
Payment on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$30.40M	USD	3 Qtrs
Debt issue costs paid	`PaymentsOfDebtIssuanceCosts`	$153.85K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$78.95K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.57M	USD	3 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-336.71K	USD	3 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-328.50K	USD	3 Qtrs
Cash at beginning of period	`Cash`	$1.00M	USD	Point-in-time
Cash at beginning of period	`Cash`	$711.08K	USD	Point-in-time
Cash at beginning of period	`Cash`	$665.32K	USD	Point-in-time
Cash at beginning of period	`Cash`	$1.04M	USD	Point-in-time
Cash at end of period	`Cash`	$1.00M	USD	Point-in-time
Cash at end of period	`Cash`	$711.08K	USD	Point-in-time
Cash at end of period	`Cash`	$665.32K	USD	Point-in-time
Cash at end of period	`Cash`	$1.04M	USD	Point-in-time
Equipment acquired under capital lease	`CapitalLeaseObligationsIncurred`	$465.47K	USD	3 Qtrs
Interest	`InterestPaid`	$1.17M	USD	3 Qtrs
Interest	`InterestPaid`	$806.28K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$260.03K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$144.61K	USD	3 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning	`StockholdersEquity`	$70.53M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$72.11M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$67.61M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$65.31M	USD	Point-in-time
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	8.74M	shares	Point-in-time
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	8.85M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$3.71M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-5.74M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.69M	USD	1 Quarter
Loss on settlement and reclassification into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-3.45K	USD	3 Qtrs
Change in unrealized loss from interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$1.90K	USD	3 Qtrs
Change in unrealized loss from interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-48.00K	USD	3 Qtrs
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$564.59K	USD	3 Qtrs
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$787.29K	USD	3 Qtrs
Balance, ending	`StockholdersEquity`	$70.53M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$72.11M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$67.61M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$65.31M	USD	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	8.74M	shares	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	8.85M	shares	Point-in-time

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