10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001421517-23-000148`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	erii-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 72 Cash Flow Statement 60 Stockholders Equity 18 Comprehensive Income 20

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.35M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$50.83M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$33.48M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.06M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$15.36M	USD	Point-in-time
Inventories, net	`InventoryNet`	$28.37M	USD	Point-in-time
Inventories, net	`InventoryNet`	$36.31M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.54M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$157.87M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$150.29M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$3.06M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$2.47M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$11.67M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$10.26M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.39M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.58M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$13.12M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$12.31M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$366.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$753.00K	USD	Point-in-time
Total assets	`Assets`	$217.04M	USD	Point-in-time
Total assets	`Assets`	$209.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$814.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.74M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$14.69M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$10.49M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.60M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.69M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.20M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.19M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$12.49M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$13.28M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$121.00K	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$215.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$27.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$31.70M	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`	$64.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$65.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$204.96M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$209.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-127.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-349.00K	USD	Point-in-time
Treasury stock	`TreasuryStockCommonValue`	$80.49M	USD	Point-in-time
Treasury stock	`TreasuryStockCommonValue`	$80.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$61.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$53.19M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$185.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$181.78M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$161.86M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$217.04M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$209.67M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$34.12M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.29M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.72M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$52.84M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$6.92M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$16.42M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$12.43M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$7.18M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$13.37M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$13.54M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$21.70M	USD	2 Qtrs
Gross profit (loss)	`GrossProfit`	$36.42M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.55M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.34M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$3.85M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$9.99M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$7.21M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$5.09M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.77M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.43M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$8.07M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$10.34M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$32.40M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$16.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$31.10M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$16.28M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-2.90M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-10.70M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-2.59M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$5.32M	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$166.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$782.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$227.00K	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$1.40M	USD	2 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-126.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-4.00K	USD	2 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-60.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-91.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$1.31M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$106.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$223.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$656.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.93M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.38M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.80M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.54M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$6.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-265.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-439.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-1.42M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-7.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.36M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.54M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.22M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.30M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.30M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.86M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.36M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-7.96M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-2.36M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.67M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$5.54M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.60M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.89M	USD	2 Qtrs
Right of use asset depreciation	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$808.00K	USD	2 Qtrs
Right of use asset depreciation	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$755.00K	USD	2 Qtrs
(Accretion) amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$383.00K	USD	2 Qtrs
(Accretion) amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-507.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-127.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.41M	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$91.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-149.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-6.70M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-18.73M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$194.00K	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$1.35M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$8.10M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$7.91M	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$331.00K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$267.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.06M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$804.00K	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-5.27M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-5.48M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$19.00K	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-1.85M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.48M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.52M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.97M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$25.42M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$29.95M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$49.19M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$35.96M	USD	2 Qtrs
Capital expenditures and proceeds from sales of fixed assets	`CapitalExpendituresNetOfProceedsFromSaleOfFixedAssets`	$2.44M	USD	2 Qtrs
Capital expenditures and proceeds from sales of fixed assets	`CapitalExpendituresNetOfProceedsFromSaleOfFixedAssets`	$767.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.98M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.04M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$379.00K	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$985.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$26.62M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$379.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-25.64M	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.00K	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.00K	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.09M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.13M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.37M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.37M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$185.34M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$181.78M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$161.86M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	56.41M	shares	Point-in-time
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$144.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-366.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$222.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-97.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-7.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.36M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.54M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$185.34M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$181.78M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$161.86M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	56.41M	shares	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-7.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.36M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.54M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$97.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$114.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$15.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$30.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$125.00K	USD	2 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-370.00K	USD	2 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-112.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$144.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-366.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$222.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-97.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$5.17M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-7.74M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-1.52M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-2.46M	USD	1 Quarter

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