10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001421517-18-000134`
Period End Date	20180630
Filing Date	20180802
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	erii-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 87 Cash Flow Statement 74 Comprehensive Income 20

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$420.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$103.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.38M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.78M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.66M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$808.00K	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
Short-term investments	`ShortTermInvestments`	$70.02M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$72.21M	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
Accounts receivable, net of allowance for doubtful accounts of $420 and $103 at June 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNetCurrent`	$11.30M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $420 and $103 at June 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNetCurrent`	$12.46M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$6.28M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$5.98M	USD	Point-in-time
Inventories	`InventoryNet`	$6.38M	USD	Point-in-time
Inventories	`InventoryNet`	$5.51M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.95M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.17M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.91M	shares	Point-in-time
Income Tax Receivable	`IncomeTaxesReceivable`	$145.00K	USD	Point-in-time
Income Tax Receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.49M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.34M	USD	Point-in-time
Treasury stock, at cost, shares (in shares)	`TreasuryStockShares`	5.46M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.72M	USD	Point-in-time
Treasury stock, at cost, shares (in shares)	`TreasuryStockShares`	4.26M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$114.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$126.06M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$182.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$86.00K	USD	Point-in-time
Contract assets, non-current	`ContractWithCustomerAssetNetNoncurrent`	-	USD	Point-in-time
Contract assets, non-current	`ContractWithCustomerAssetNetNoncurrent`	$108.00K	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$7.93M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$19.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.99M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.39M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$2.84M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$12.67M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$954.00K	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.27M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$285.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$12.00K	USD	Point-in-time
Total assets	`Assets`	$174.25M	USD	Point-in-time
Total assets	`Assets`	$164.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.93M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$5.16M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$7.95M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.60M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$336.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$432.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$366.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$389.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$398.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$374.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$406.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$359.00K	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$17.65M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$15.91M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$12.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.36M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$16.00K	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$10.00K	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$1.70M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$13.03M	USD	Point-in-time
Contract liabilities, non-current	`ContractWithCustomerLiabilityNoncurrent`	$40.52M	USD	Point-in-time
Contract liabilities, non-current	`ContractWithCustomerLiabilityNoncurrent`	$33.12M	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	-	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$240.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$71.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$72.59M	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at June 30, 2018 and December 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at June 30, 2018 and December 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 58,950,907 shares issued and 53,494,972 shares outstanding at June 30, 2018 and 58,168,433 shares issued and 53,905,600 shares outstanding at December 31, 2017	`CommonStockValue`	$59.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 58,950,907 shares issued and 53,494,972 shares outstanding at June 30, 2018 and 58,168,433 shares issued and 53,905,600 shares outstanding at December 31, 2017	`CommonStockValue`	$58.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$149.01M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$154.52M	USD	Point-in-time
Accumulated comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-194.00K	USD	Point-in-time
Accumulated comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-125.00K	USD	Point-in-time
Treasury stock, at cost, 5,455,935 shares repurchased at June 30, 2018 and 4,262,833 shares repurchased at December 31, 2017	`TreasuryStockValue`	$30.49M	USD	Point-in-time
Treasury stock, at cost, 5,455,935 shares repurchased at June 30, 2018 and 4,262,833 shares repurchased at December 31, 2017	`TreasuryStockValue`	$20.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-21.54M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-36.56M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$91.89M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$102.36M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$174.25M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$164.49M	USD	Point-in-time

Income Statement 87 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueNet`	$10.86M	USD	1 Quarter
Product revenue	`SalesRevenueNet`	$17.41M	USD	1 Quarter
Product revenue	`SalesRevenueNet`	$28.46M	USD	2 Qtrs
Product revenue	`SalesRevenueNet`	$23.11M	USD	2 Qtrs
Product cost of revenue	`CostOfRevenue`	$9.29M	USD	2 Qtrs
Product cost of revenue	`CostOfRevenue`	$5.98M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$3.57M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$8.18M	USD	2 Qtrs
Product gross profit	`GrossProfit`	$11.43M	USD	1 Quarter
Product gross profit	`GrossProfit`	$7.29M	USD	1 Quarter
Product gross profit	`GrossProfit`	$14.93M	USD	2 Qtrs
Product gross profit	`GrossProfit`	$19.17M	USD	2 Qtrs
License and development revenue	`LicensesRevenue`	$8.07M	USD	Annual
License and development revenue	`LicensesRevenue`	$11.11M	USD	Annual
License and development revenue	`LicensesRevenue`	$3.36M	USD	1 Quarter
License and development revenue	`LicensesRevenue`	$6.11M	USD	2 Qtrs
License and development revenue	`LicensesRevenue`	$3.05M	USD	1 Quarter
License and development revenue	`LicensesRevenue`	$1.33M	USD	Annual
License and development revenue	`LicensesRevenue`	$5.30M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.34M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.93M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.76M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.93M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$1.86M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$4.63M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$3.77M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$2.17M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.59M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$7.52M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.08M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.60M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$316.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$316.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$158.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$158.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$18.86M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$9.34M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$22.37M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$10.55M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.01M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.36M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.24M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.91M	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$198.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$369.00K	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$674.00K	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$373.00K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.00K	USD	2 Qtrs
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-44.00K	USD	2 Qtrs
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$9.00K	USD	1 Quarter
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-140.00K	USD	2 Qtrs
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-87.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$111.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$381.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$228.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$629.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.59M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.54M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.62M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.12M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-11.48M	USD	2 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-11.12M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$188.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$236.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$929.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.02M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.75M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.79M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.75M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.75M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.44M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.80M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.41M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$929.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.02M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.12M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.18M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.82M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.04M	USD	2 Qtrs
Amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-230.00K	USD	2 Qtrs
Amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-267.00K	USD	2 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$135.00K	USD	2 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$91.00K	USD	2 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$84.00K	USD	2 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$123.00K	USD	2 Qtrs
Unrealized (gain) loss on foreign currency translation	`ForeignCurrencyTransactionGainLossBeforeTax`	$-16.00K	USD	2 Qtrs
Unrealized (gain) loss on foreign currency translation	`ForeignCurrencyTransactionGainLossBeforeTax`	$51.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$10.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$328.00K	USD	2 Qtrs
Adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$119.00K	USD	2 Qtrs
Adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-17.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-233.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-11.51M	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-22.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-2.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$93.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-833.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$536.00K	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$2.22M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$-186.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.66M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$907.00K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.48M	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$522.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.32M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.98M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$7.53M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-3.10M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-577.00K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$412.00K	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-4.75M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-5.65M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.98M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.67M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$12.51M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$40.64M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$43.12M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$31.15M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.78M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.54M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.01M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-22.42M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.68M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.39M	USD	2 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$195.00K	USD	2 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$76.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$5.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$5.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.28M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-794.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-7.69M	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$22.00K	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-15.00K	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.21M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-13.35M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.27M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.54M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.27M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.54M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.63M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$929.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.02M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$25.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-33.00K	USD	1 Quarter
Unrealized (loss) income on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-4.00K	USD	2 Qtrs
Unrealized (loss) income on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$7.00K	USD	1 Quarter
Unrealized (loss) income on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-57.00K	USD	2 Qtrs
Unrealized (loss) income on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-5.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$31.00K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-69.00K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$20.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.38M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.95M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$949.00K	USD	1 Quarter

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