10-Q Filing

ORION ENERGY SYSTEMS, INC. CIK: 1409375 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001409375-18-000030`
Period End Date	20180930
Filing Date	20181113
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	oesx-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 82 Cash Flow Statement 68

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.67M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.67M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$5.78M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.74M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Revenue earned but not billed	`UnbilledContractsReceivable`	$703.00K	USD	Point-in-time
Revenue earned but not billed	`UnbilledContractsReceivable`	-	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Inventories, net	`InventoryNet`	$7.83M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Inventories, net	`InventoryNet`	$8.33M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Deferred contract costs	`DeferredCostsCurrent`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Deferred contract costs	`DeferredCostsCurrent`	$1.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	38.38M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$417.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.47M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	38.97M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`SharesOutstanding`	28.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$29.45M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`SharesOutstanding`	29.54M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$20.89M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	9.44M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.89M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.28M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	9.43M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.87M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.66M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$102.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$110.00K	USD	Point-in-time
Total assets	`Assets`	$45.33M	USD	Point-in-time
Total assets	`Assets`	$35.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.68M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$4.83M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$4.17M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$117.00K	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$499.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$81.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$79.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.88M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$3.91M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$1.42M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$105.00K	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$64.00K	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$940.00K	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$828.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$524.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$621.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$21.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$16.81M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value: Shares authorized: 30,000,000 at September 30, 2018 and March 31, 2018; no shares issued and outstanding at September 30, 2018 and March 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value: Shares authorized: 30,000,000 at September 30, 2018 and March 31, 2018; no shares issued and outstanding at September 30, 2018 and March 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value: Shares authorized: 200,000,000 at September 30, 2018 and March 31, 2018; shares issued: 38,974,961 at September 30, 2018 and 38,384,575 at March 31, 2018; shares outstanding: 29,537,474 at September 30, 2018 and 28,953,183 at March 31, 2018	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value: Shares authorized: 200,000,000 at September 30, 2018 and March 31, 2018; shares issued: 38,974,961 at September 30, 2018 and 38,384,575 at March 31, 2018; shares outstanding: 29,537,474 at September 30, 2018 and 28,953,183 at March 31, 2018	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$155.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$155.44M	USD	Point-in-time
Treasury stock, common shares: 9,437,487 at September 30, 2018 and 9,431,392 at March 31, 2018	`TreasuryStockValue`	$36.09M	USD	Point-in-time
Treasury stock, common shares: 9,437,487 at September 30, 2018 and 9,431,392 at March 31, 2018	`TreasuryStockValue`	$36.09M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-100.22M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-95.49M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$23.42M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$19.13M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$45.33M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$35.94M	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$13.20M	USD	1 Quarter
Revenues	`Revenues`	$15.42M	USD	1 Quarter
Revenues	`Revenues`	$27.02M	USD	2 Qtrs
Revenues	`Revenues`	$27.98M	USD	2 Qtrs
Total revenues from contracts with customers	`RevenueFromContractWithCustomerIncludingAssessedTax`	$12.75M	USD	1 Quarter
Total revenues from contracts with customers	`RevenueFromContractWithCustomerIncludingAssessedTax`	$25.79M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$21.65M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$21.02M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$11.80M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$10.66M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.62M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$6.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$6.33M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.16M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.41M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.49M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.34M	USD	1 Quarter
Impairment of intangible assets	`AssetImpairmentCharges`	$710.00K	USD	1 Quarter
Impairment of intangible assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of intangible assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of intangible assets	`AssetImpairmentCharges`	$710.00K	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$2.13M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$2.91M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$6.26M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$4.71M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$904.00K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$759.00K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$380.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$354.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.83M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$16.36M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$10.88M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-3.53M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-4.89M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-2.28M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-10.03M	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$15.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$34.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$169.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$258.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$139.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$206.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$7.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-136.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-151.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-218.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-199.00K	USD	2 Qtrs
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-10.23M	USD	2 Qtrs
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.43M	USD	1 Quarter
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.67M	USD	1 Quarter
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.10M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.12K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$25.75K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-10.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.13M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.67M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.44M	USD	1 Quarter
Basic net loss per share attributable to common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-0.36	USD	2 Qtrs
Basic net loss per share attributable to common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Basic net loss per share attributable to common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	1 Quarter
Basic net loss per share attributable to common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	2 Qtrs
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.49M	shares	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.83M	shares	1 Quarter
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.65M	shares	2 Qtrs
Weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.28M	shares	2 Qtrs
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.36	USD	2 Qtrs
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	2 Qtrs
Weighted-average common shares and share equivalents outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.49M	shares	1 Quarter
Weighted-average common shares and share equivalents outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.83M	shares	1 Quarter
Weighted-average common shares and share equivalents outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.65M	shares	2 Qtrs
Weighted-average common shares and share equivalents outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.28M	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-10.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.13M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.67M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.44M	USD	1 Quarter
Depreciation	`Depreciation`	$300.00K	USD	1 Quarter
Depreciation	`Depreciation`	$701.00K	USD	2 Qtrs
Depreciation	`Depreciation`	$679.00K	USD	2 Qtrs
Depreciation	`Depreciation`	$400.00K	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$232.00K	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$324.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$618.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$439.00K	USD	2 Qtrs
Impairment of intangible assets	`AssetImpairmentCharges`	$710.00K	USD	1 Quarter
Impairment of intangible assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of intangible assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of intangible assets	`AssetImpairmentCharges`	$710.00K	USD	2 Qtrs
Provision for inventory reserves	`ProvisionForInventoryReserves`	$301.00K	USD	2 Qtrs
Provision for inventory reserves	`ProvisionForInventoryReserves`	$-159.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$85.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$21.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-8.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-12.00K	USD	2 Qtrs
Accounts receivable, current and long-term	`IncreaseDecreaseInAccountsReceivable`	$-3.16M	USD	2 Qtrs
Accounts receivable, current and long-term	`IncreaseDecreaseInAccountsReceivable`	$-1.01M	USD	2 Qtrs
Revenue earned but not billed	`IncreaseDecreaseInUnbilledReceivables`	-	USD	2 Qtrs
Revenue earned but not billed	`IncreaseDecreaseInUnbilledReceivables`	$-1.65M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.98M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-345.00K	USD	2 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	-	USD	2 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$-751.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.16M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-141.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.94M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.82M	USD	2 Qtrs
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$-628.00K	USD	2 Qtrs
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$-438.00K	USD	2 Qtrs
Deferred revenue, current and long-term	`IncreaseDecreaseInContractWithCustomerLiability`	$237.00K	USD	2 Qtrs
Deferred revenue, current and long-term	`IncreaseDecreaseInContractWithCustomerLiability`	$-12.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.13M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.66M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$283.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$66.00K	USD	2 Qtrs
Additions to patents and licenses	`PaymentsToAcquireIntangibleAssets`	$30.00K	USD	2 Qtrs
Additions to patents and licenses	`PaymentsToAcquireIntangibleAssets`	$28.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-313.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-94.00K	USD	2 Qtrs
Payment of long-term debt and capital leases	`RepaymentsOfLongTermDebt`	$111.00K	USD	2 Qtrs
Payment of long-term debt and capital leases	`RepaymentsOfLongTermDebt`	$39.00K	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$33.01M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$34.18M	USD	2 Qtrs
Payment of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$35.50M	USD	2 Qtrs
Payment of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$37.72M	USD	2 Qtrs
Payments to settle employee tax withholdings on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00K	USD	2 Qtrs
Payments to settle employee tax withholdings on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00K	USD	2 Qtrs
Net proceeds from employee equity exercises	`ProceedsFromExerciseOfWarrantsAndStockOptions`	$2.00K	USD	2 Qtrs
Net proceeds from employee equity exercises	`ProceedsFromExerciseOfWarrantsAndStockOptions`	$3.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.53M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.66M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.64M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.76M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.67M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.42M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.31M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.67M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.67M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.67M	USD	Point-in-time

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