10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001421517-21-000056 |
| Period End Date | 20210331 |
| Filing Date | 20210507 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | erii-20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent
|
$105.43M | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent
|
$94.25M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$20.45M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$14.62M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$11.79M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$16.40M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$11.75M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$11.93M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.47M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.95M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$143.19M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$152.84M | USD | Point-in-time |
| Deferred tax assets, non-current |
DeferredIncomeTaxAssetsNet
|
$11.70M | USD | Point-in-time |
| Deferred tax assets, non-current |
DeferredIncomeTaxAssetsNet
|
$11.03M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$20.73M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$20.18M | USD | Point-in-time |
| Operating lease, right of use asset |
OperatingLeaseRightOfUseAsset
|
$16.09M | USD | Point-in-time |
| Operating lease, right of use asset |
OperatingLeaseRightOfUseAsset
|
$15.74M | USD | Point-in-time |
| Goodwill and other intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$12.84M | USD | Point-in-time |
| Goodwill and other intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$12.84M | USD | Point-in-time |
| Other assets, non-current |
OtherAssetsNoncurrent
|
$988.00K | USD | Point-in-time |
| Other assets, non-current |
OtherAssetsNoncurrent
|
$1.37M | USD | Point-in-time |
| Total assets |
Assets
|
$215.22M | USD | Point-in-time |
| Total assets |
Assets
|
$204.31M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.96M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.12M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$11.82M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$7.76M | USD | Point-in-time |
| Lease liabilities, current |
OperatingLeaseLiabilityCurrent
|
$1.43M | USD | Point-in-time |
| Lease liabilities, current |
OperatingLeaseLiabilityCurrent
|
$1.24M | USD | Point-in-time |
| Contract liabilities, current |
ContractWithCustomerLiabilityCurrent
|
$1.55M | USD | Point-in-time |
| Contract liabilities, current |
ContractWithCustomerLiabilityCurrent
|
$1.14M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$15.73M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$12.28M | USD | Point-in-time |
| Lease liabilities, non-current |
OperatingLeaseLiabilityNoncurrent
|
$16.07M | USD | Point-in-time |
| Lease liabilities, non-current |
OperatingLeaseLiabilityNoncurrent
|
$16.44M | USD | Point-in-time |
| Contract liabilities, non-current |
ContractWithCustomerLiabilityNoncurrent
|
$96.00K | USD | Point-in-time |
| Contract liabilities, non-current |
ContractWithCustomerLiabilityNoncurrent
|
$88.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$430.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$431.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$32.69M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$28.88M | USD | Point-in-time |
| Commitments and contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$62.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$63.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$179.16M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$187.08M | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-20.00K | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$53.00K | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$30.49M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$30.49M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$22.83M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$29.70M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$138.26M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$186.34M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$171.62M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$204.31M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$215.22M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$21.54M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$28.94M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.88M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.61M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$2.70M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$2.14M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$4.50M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$6.71M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$4.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$4.00K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$13.81M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$15.73M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$6.14M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$128.00K | USD | 1 Quarter |
| Interest income |
InterestIncomeSecuritiesTaxable
|
$420.00K | USD | 1 Quarter |
| Interest income |
InterestIncomeSecuritiesTaxable
|
$92.00K | USD | 1 Quarter |
| Other non-operating expense, net |
OtherNonoperatingIncomeExpense
|
$-10.00K | USD | 1 Quarter |
| Other non-operating expense, net |
OtherNonoperatingIncomeExpense
|
$-12.00K | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$82.00K | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$408.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$6.23M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$536.00K | USD | 1 Quarter |
| Benefit from income taxes |
IncomeTaxExpenseBenefit
|
$-85.00K | USD | 1 Quarter |
| Benefit from income taxes |
IncomeTaxExpenseBenefit
|
$-640.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$6.87M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$621.00K | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.12 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.01 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.12 | 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
|
56.88M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
56.54M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
58.60M | shares | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$6.87M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$621.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.91M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.50M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.26M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.35M | USD | 1 Quarter |
| Amortization of premiums and discounts on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-71.00K | USD | 1 Quarter |
| Amortization of premiums and discounts on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-220.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-35.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-669.00K | USD | 1 Quarter |
| Other non-cash adjustments |
OtherNoncashIncomeExpense
|
$-145.00K | USD | 1 Quarter |
| Other non-cash adjustments |
OtherNoncashIncomeExpense
|
$12.00K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$4.61M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$902.00K | USD | 1 Quarter |
| Contract assets |
IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrPrograms1
|
$-244.00K | USD | 1 Quarter |
| Contract assets |
IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrPrograms1
|
$-183.00K | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$186.00K | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$692.00K | USD | 1 Quarter |
| Prepaid and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-281.00K | USD | 1 Quarter |
| Prepaid and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$428.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$821.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$745.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-4.51M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-5.18M | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractLiabilities
|
$-408.00K | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractLiabilities
|
$-3.55M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-5.87M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$54.00K | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$4.97M | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Maturities of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$21.20M | USD | 1 Quarter |
| Maturities of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$5.71M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$12.86M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
- | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
$5.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSalesOfAssetsInvestingActivities
|
- | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.38M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$627.00K | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$5.09M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$11.93M | USD | 1 Quarter |
| Net proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$440.00K | USD | 1 Quarter |
| Net proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$6.06M | USD | 1 Quarter |
| Tax payment for employee shares withheld |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
- | USD | 1 Quarter |
| Tax payment for employee shares withheld |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$22.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$418.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$6.06M | 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
|
$-25.00K | 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
|
$11.18M | USD | 1 Quarter |
| 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
|
$94.36M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$105.53M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of year |
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
|
$94.36M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$105.53M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$32.94M | USD | Point-in-time |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$138.26M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$186.34M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$171.62M | USD | Point-in-time |
| Total other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-73.00K | USD | 1 Quarter |
| Total other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-295.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$6.87M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$621.00K | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$138.26M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$186.34M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$171.62M | USD | Point-in-time |
| Beginning balance (in shares) |
CommonStockSharesOutstanding
|
55.54M | shares | Point-in-time |
| Beginning balance (in shares) |
CommonStockSharesOutstanding
|
57.42M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
55.54M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
57.42M | shares | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$6.87M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$621.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-25.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-25.00K | USD | 1 Quarter |
| Unrealized loss on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-270.00K | USD | 1 Quarter |
| Unrealized loss on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-48.00K | USD | 1 Quarter |
| Total other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-73.00K | USD | 1 Quarter |
| Total other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-295.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$6.79M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$326.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.