10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001421517-20-000041 |
| Period End Date | 20200331 |
| Filing Date | 20200501 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | a10-q2020q1_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
63 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent
|
$32.84M | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent
|
$26.39M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$58.74M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$40.99M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$12.98M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$13.84M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$10.32M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$10.94M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.55M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$5.19M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$112.97M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$103.80M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$15.42M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$19.36M | USD | Point-in-time |
| Deferred tax assets, non-current |
DeferredIncomeTaxAssetsNet
|
$16.93M | USD | Point-in-time |
| Deferred tax assets, non-current |
DeferredIncomeTaxAssetsNet
|
$16.90M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$19.78M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$18.84M | USD | Point-in-time |
| Operating lease, right of use asset |
OperatingLeaseRightOfUseAsset
|
$17.25M | USD | Point-in-time |
| Operating lease, right of use asset |
OperatingLeaseRightOfUseAsset
|
$11.20M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$12.79M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$12.79M | USD | Point-in-time |
| Other intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$65.00K | USD | Point-in-time |
| Other intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$61.00K | USD | Point-in-time |
| Other assets, non-current |
OtherAssetsNoncurrent
|
$598.00K | USD | Point-in-time |
| Other assets, non-current |
OtherAssetsNoncurrent
|
$632.00K | USD | Point-in-time |
| Total assets |
Assets
|
$188.77M | USD | Point-in-time |
| Total assets |
Assets
|
$190.61M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.87M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.19M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$9.87M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$6.16M | USD | Point-in-time |
| Lease liabilities |
OperatingLeaseLiabilityCurrent
|
$1.21M | USD | Point-in-time |
| Lease liabilities |
OperatingLeaseLiabilityCurrent
|
$1.02M | USD | Point-in-time |
| Contract liabilities |
ContractWithCustomerLiabilityCurrent
|
$15.75M | USD | Point-in-time |
| Contract liabilities |
ContractWithCustomerLiabilityCurrent
|
$16.51M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$27.83M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$25.74M | USD | Point-in-time |
| Lease liabilities, non-current |
OperatingLeaseLiabilityNoncurrent
|
$11.53M | USD | Point-in-time |
| Lease liabilities, non-current |
OperatingLeaseLiabilityNoncurrent
|
$17.52M | USD | Point-in-time |
| Contract liabilities, non-current |
ContractWithCustomerLiabilityNoncurrent
|
$13.12M | USD | Point-in-time |
| Contract liabilities, non-current |
ContractWithCustomerLiabilityNoncurrent
|
$8.80M | USD | Point-in-time |
| Other non-current liabilities |
AccruedExpensesAndOtherNoncurrentLiabilities
|
$278.00K | USD | Point-in-time |
| Other non-current liabilities |
AccruedExpensesAndOtherNoncurrentLiabilities
|
$277.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$52.35M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$52.76M | USD | Point-in-time |
| Commitments and contingencies (Note 8) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 8) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$61.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$61.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$170.03M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$171.95M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-37.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-332.00K | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$30.49M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$30.49M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.93M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-3.55M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$136.01M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$119.92M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$138.26M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$190.61M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$188.77M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$21.54M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$19.80M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$5.58M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.88M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$2.16M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$2.14M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$6.71M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$4.25M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$156.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$4.00K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$12.15M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$15.73M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$128.00K | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$2.71M | USD | 1 Quarter |
| Interest income |
InterestIncomeSecuritiesTaxable
|
$523.00K | USD | 1 Quarter |
| Interest income |
InterestIncomeSecuritiesTaxable
|
$420.00K | USD | 1 Quarter |
| Other non-operating expense, net |
OtherNonoperatingIncomeExpense
|
$-12.00K | USD | 1 Quarter |
| Other non-operating expense, net |
OtherNonoperatingIncomeExpense
|
$-24.00K | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$499.00K | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$408.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$3.21M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$536.00K | USD | 1 Quarter |
| (Benefit from) provision for income taxes |
IncomeTaxExpenseBenefit
|
$-85.00K | USD | 1 Quarter |
| (Benefit from) provision for income taxes |
IncomeTaxExpenseBenefit
|
$554.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$621.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.65M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.01 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.05 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.05 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.01 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
55.41M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
54.12M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
56.54M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
55.37M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$621.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.65M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.50M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.68M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.26M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$900.00K | USD | 1 Quarter |
| Amortization (accretion) of premiums and discounts on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$26.00K | USD | 1 Quarter |
| Amortization (accretion) of premiums and discounts on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-220.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$549.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-35.00K | USD | 1 Quarter |
| Provision for warranty claims |
ProductWarrantyExpense
|
$152.00K | USD | 1 Quarter |
| Provision for warranty claims |
ProductWarrantyExpense
|
$98.00K | USD | 1 Quarter |
| Other non-cash adjustments |
OtherNoncashIncomeExpense
|
$-47.00K | USD | 1 Quarter |
| Other non-cash adjustments |
OtherNoncashIncomeExpense
|
$68.00K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$7.16M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$902.00K | USD | 1 Quarter |
| Contract assets |
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms1
|
$-244.00K | USD | 1 Quarter |
| Contract assets |
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms1
|
$2.98M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$692.00K | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$218.00K | USD | 1 Quarter |
| Prepaid and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$428.00K | USD | 1 Quarter |
| Prepaid and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$140.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$18.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$745.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-3.35M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-4.51M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$10.00K | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$3.00K | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractLiabilities
|
$-3.92M | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractLiabilities
|
$-3.55M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-5.95M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-5.87M | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$4.97M | USD | 1 Quarter |
| Maturities of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$19.60M | USD | 1 Quarter |
| Maturities of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$21.20M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$12.86M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$19.20M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.38M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.57M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.17M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$11.93M | USD | 1 Quarter |
| Net proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$2.19M | USD | 1 Quarter |
| Net proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$440.00K | USD | 1 Quarter |
| Tax payment for employee shares withheld |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$22.00K | USD | 1 Quarter |
| Tax payment for employee shares withheld |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$34.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.16M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$418.00K | USD | 1 Quarter |
| Effect of exchange rate differences on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-25.00K | USD | 1 Quarter |
| Effect of exchange rate differences on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-4.00K | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$6.46M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-4.96M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$32.94M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$26.49M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$22.14M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$17.18M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$32.94M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$26.49M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$22.14M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$17.18M | USD | Point-in-time |
Stockholders Equity
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$136.01M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$119.92M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$138.26M | USD | Point-in-time |
| Total other comprehensive (loss) income, net |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-295.00K | USD | 1 Quarter |
| Total other comprehensive (loss) income, net |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$60.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$621.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.65M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$136.01M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$119.92M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$138.26M | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$621.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.65M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-25.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-24.00K | USD | 1 Quarter |
| Unrealized (loss) gain on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$84.00K | USD | 1 Quarter |
| Unrealized (loss) gain on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-270.00K | USD | 1 Quarter |
| Other comprehensive (loss) income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-295.00K | USD | 1 Quarter |
| Other comprehensive (loss) income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$60.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$326.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$2.71M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.