10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001421517-20-000091`
Period End Date	20200630
Filing Date	20200731
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	a10-q2020xq2_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 72 Cash Flow Statement 66 Stockholders Equity 14 Comprehensive Income 20

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent`	$62.97M	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`	$28.41M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.98M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.82M	USD	Point-in-time
Inventories, net	`InventoryNet`	$10.32M	USD	Point-in-time
Inventories, net	`InventoryNet`	$9.91M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.99M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$119.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$112.97M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$5.51M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$15.42M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$16.90M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$12.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.84M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.84M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$11.20M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$16.81M	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`	$57.00K	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$65.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$639.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$598.00K	USD	Point-in-time
Total assets	`Assets`	$185.97M	USD	Point-in-time
Total assets	`Assets`	$188.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.19M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$6.77M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$9.87M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.20M	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`	$980.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.81M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$17.16M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$11.53M	USD	Point-in-time
Contract liabilities, non-current	`ContractWithCustomerLiabilityNoncurrent`	$97.00K	USD	Point-in-time
Contract liabilities, non-current	`ContractWithCustomerLiabilityNoncurrent`	$13.12M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$496.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$278.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$28.55M	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`	$173.73M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$170.03M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$119.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$30.49M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$30.49M	USD	Point-in-time
Accumulated earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$13.99M	USD	Point-in-time
Accumulated earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-3.55M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$136.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$157.42M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$127.46M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$185.97M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$188.77M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$43.61M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$65.15M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$42.59M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.08M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.60M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.48M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.50M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$2.18M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$3.63M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$4.34M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$13.06M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$6.35M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$9.73M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$157.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$313.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$2.33M	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$2.33M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$25.47M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$31.52M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$15.78M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.32M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$21.27M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$21.40M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$6.70M	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$528.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$675.00K	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$1.05M	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$255.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-30.00K	USD	2 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-18.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-48.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-72.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$237.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$979.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$480.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$645.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$21.51M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.68M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.05M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.47M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.31M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.59M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$756.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.55M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.93M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.68M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.40M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.61M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.51M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.11M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.44M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$17.55M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.93M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.07M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.60M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.95M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.75M	USD	2 Qtrs
Amortization (accretion) of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$30.00K	USD	2 Qtrs
Amortization (accretion) of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-215.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$4.67M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.28M	USD	2 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$173.00K	USD	2 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$242.00K	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$2.33M	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$2.33M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-55.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-259.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-101.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$4.99M	USD	2 Qtrs
Contract assets	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$2.15M	USD	2 Qtrs
Contract assets	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$-198.00K	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$725.00K	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$-260.00K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$278.00K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.03M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.28M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.00K	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-4.01M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.94M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.00K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$47.00K	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-27.79M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-7.73M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-294.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.00K	USD	2 Qtrs
Proceeds from sale of available-for sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from sale of available-for sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$9.77M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$47.99M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$43.29M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$12.86M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$46.55M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.41M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.68M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$35.79M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.24M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.58M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.13M	USD	2 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$62.00K	USD	2 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.10M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.52M	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.00K	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$36.58M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.28M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$63.07M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$63.07M	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

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$136.01M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$157.42M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$127.46M	USD	Point-in-time
Total other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$156.00K	USD	2 Qtrs
Total other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$451.00K	USD	1 Quarter
Total other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.00K	USD	1 Quarter
Total other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$131.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.55M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.93M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$136.01M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$157.42M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$127.46M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$17.55M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.93M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00K	USD	2 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$171.00K	USD	2 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$132.00K	USD	2 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$441.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$64.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$156.00K	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$451.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$131.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.38M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.70M	USD	2 Qtrs

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