10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001421517-23-000191`
Period End Date	20230930
Filing Date	20231101
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	erii-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 72 Cash Flow Statement 62 Stockholders Equity 18 Comprehensive Income 20

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.44M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$33.48M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$33.09M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.06M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$23.34M	USD	Point-in-time
Inventories, net	`InventoryNet`	$28.37M	USD	Point-in-time
Inventories, net	`InventoryNet`	$33.89M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.61M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$157.87M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$146.27M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$21.39M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$3.06M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$11.18M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$10.26M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.75M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$13.12M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$11.89M	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`	$387.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$366.00K	USD	Point-in-time
Total assets	`Assets`	$222.66M	USD	Point-in-time
Total assets	`Assets`	$217.04M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$814.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.81M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$14.69M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$11.40M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.60M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.74M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.47M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.30M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$13.28M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$11.99M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$222.00K	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$121.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$28.63M	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`	$211.78M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-349.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-183.00K	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`	$62.85M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$185.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$194.03M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$169.30M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$222.66M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$217.04M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$71.16M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$37.04M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$30.46M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$83.30M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$11.15M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$25.84M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$23.58M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$9.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$25.88M	USD	1 Quarter
Gross profit	`GrossProfit`	$57.47M	USD	3 Qtrs
Gross profit	`GrossProfit`	$47.58M	USD	3 Qtrs
Gross profit	`GrossProfit`	$21.05M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.16M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$21.70M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.61M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$5.41M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$15.40M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$4.70M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$11.92M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$14.17M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.97M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.83M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$12.04M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$47.24M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$49.14M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$16.14M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$16.75M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$10.22M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$4.91M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-1.56M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$9.13M	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$259.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$1.08M	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$486.00K	USD	3 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$2.49M	USD	3 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-38.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-5.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-9.00K	USD	3 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-129.00K	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$2.36M	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$254.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$1.04M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$477.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$793.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.70M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.18M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$377.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$371.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-906.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$518.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.32M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.79M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.44M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.29M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.35M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.88M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.97M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.71M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.76M	shares	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$10.32M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.79M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$5.10M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.81M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.08M	USD	3 Qtrs
Right of use asset depreciation	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.22M	USD	3 Qtrs
Right of use asset depreciation	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.14M	USD	3 Qtrs
(Accretion) amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-647.00K	USD	3 Qtrs
(Accretion) amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$613.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-920.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$207.00K	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-241.00K	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-235.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-10.76M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-2.21M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$1.72M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$-398.00K	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$11.85M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$5.75M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$461.00K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.29M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.12M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.04M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-4.62M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-4.97M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$240.00K	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-1.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.27M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.27M	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.97M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$34.11M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$58.70M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$35.96M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$78.95M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.18M	USD	3 Qtrs
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$82.00K	USD	3 Qtrs
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$734.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.38M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.12M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.24M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.18M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$26.65M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.41M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.18M	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.00K	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.00K	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.23M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.89M	USD	3 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`	$52.23M	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`	$51.57M	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`	$52.23M	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`	$51.57M	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`	$194.03M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$169.30M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	55.98M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	56.50M	shares	Point-in-time
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-56.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$166.00K	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-360.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.32M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.79M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$185.34M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$194.03M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$169.30M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	55.98M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	56.50M	shares	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$10.32M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.79M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$34.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$38.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$95.00K	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$71.00K	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-28.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-398.00K	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-56.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$166.00K	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-360.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.96M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.86M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.60M	USD	1 Quarter

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