10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001437749-15-009344`
Period End Date	20150331
Filing Date	20150507
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	erii-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 31 Cash Flow Statement 64 Comprehensive Income 10

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$110.00K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$155.00K	USD	Point-in-time
Property and equipment, accumulated depreciation (in Dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.14M	USD	Point-in-time
Property and equipment, accumulated depreciation (in Dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.96M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.39M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.26M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$8.32M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$13.07M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $110 and $155 at March 31, 2015 and December 31, 2014, respectively	`AccountsReceivableNetCurrent`	$5.33M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $110 and $155 at March 31, 2015 and December 31, 2014, respectively	`AccountsReceivableNetCurrent`	$10.94M	USD	Point-in-time
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$1.02M	USD	Point-in-time
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$1.34M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$8.20M	USD	Point-in-time
Inventories	`InventoryNet`	$9.33M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$240.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.40M	shares	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$240.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.49M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.16M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	52.02M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	51.92M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$53.24M	USD	Point-in-time
Treasury stock, at cost, shares	`TreasuryStockShares`	2.48M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$48.07M	USD	Point-in-time
Treasury stock, at cost, shares	`TreasuryStockShares`	2.48M	shares	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.85M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.13M	USD	Point-in-time
Unbilled receivables, non-current	`UnbilledReceivablesNoncurrent`	$414.00K	USD	Point-in-time
Unbilled receivables, non-current	`UnbilledReceivablesNoncurrent`	$420.00K	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$267.00K	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$265.00K	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $15,961 and $15,143 at March 31, 2015 and December 31, 2014, respectively	`PropertyPlantAndEquipmentNet`	$12.57M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $15,961 and $15,143 at March 31, 2015 and December 31, 2014, respectively	`PropertyPlantAndEquipmentNet`	$13.21M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.17M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.01M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$2.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$2.00K	USD	Point-in-time
Total assets	`Assets`	$79.25M	USD	Point-in-time
Total assets	`Assets`	$85.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.03M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$7.24M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$8.43M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$756.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$705.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$755.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$709.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.13M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$519.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.52M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$44.00K	USD	Point-in-time
Deferred tax liabilities, non-current, net	`DeferredTaxLiabilitiesNoncurrent`	$2.05M	USD	Point-in-time
Deferred tax liabilities, non-current, net	`DeferredTaxLiabilitiesNoncurrent`	$1.99M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$59.00K	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$18.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.45M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$16.18M	USD	Point-in-time
Total liabilities	`Liabilities`	$16.02M	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 54,494,813 shares issued and 52,015,357 shares outstanding at March 31, 2015, and 54,398,421 shares issued and 51,918,965 shares outstanding at December 31, 2014	`CommonStockValue`	$54.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 54,494,813 shares issued and 52,015,357 shares outstanding at March 31, 2015, and 54,398,421 shares issued and 51,918,965 shares outstanding at December 31, 2014	`CommonStockValue`	$54.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$125.85M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$124.44M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-39.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-73.00K	USD	Point-in-time
Treasury stock, at cost 2,479,456 shares repurchased at both March 31, 2015 and December 31, 2014	`TreasuryStockValue`	$6.83M	USD	Point-in-time
Treasury stock, at cost 2,479,456 shares repurchased at both March 31, 2015 and December 31, 2014	`TreasuryStockValue`	$6.83M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-55.95M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$69.92M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$63.08M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$79.25M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$85.94M	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`SalesRevenueNet`	$5.86M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$3.90M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$2.53M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.65M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.33M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.25M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.28M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.04M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$2.50M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$2.43M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.53M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.23M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$159.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$215.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.98M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-8.07M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.74M	USD	1 Quarter
Interest expense	`InterestExpense`	$40.00K	USD	1 Quarter
Other non-operating (expense) income	`OtherNonoperatingIncomeExpense`	$121.00K	USD	1 Quarter
Other non-operating (expense) income	`OtherNonoperatingIncomeExpense`	$-102.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-8.21M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.62M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$66.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$71.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.68M	USD	1 Quarter
Basic and diluted net loss per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.16	USD	1 Quarter
Basic and diluted net loss per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Shares used in basic and diluted per share calculation (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	51.95M	shares	1 Quarter
Shares used in basic and diluted per share calculation (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	51.45M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.68M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$581.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.14M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$983.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$979.00K	USD	1 Quarter
Unrealized loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-10.00K	USD	1 Quarter
Unrealized loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-124.00K	USD	1 Quarter
Amortization of premiums/discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-125.00K	USD	1 Quarter
Amortization of premiums/discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-79.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$56.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$65.00K	USD	1 Quarter
Provision for warranty claims	`ProductWarrantyExpense`	$21.00K	USD	1 Quarter
Provision for warranty claims	`ProductWarrantyExpense`	$3.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$72.00K	USD	1 Quarter
Valuation adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$40.00K	USD	1 Quarter
Valuation adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-10.00K	USD	1 Quarter
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$125.00K	USD	1 Quarter
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-428.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.05M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.52M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$574.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$15.00K	USD	1 Quarter
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivables`	$-314.00K	USD	1 Quarter
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivables`	$-4.70M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$215.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$448.00K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.11M	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-154.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$7.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.00K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.64M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.19M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.36M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.12M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.93M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-984.00K	USD	1 Quarter
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$2.60M	USD	1 Quarter
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$4.67M	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.08M	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-412.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$179.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$38.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$2.97M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$5.58M	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$250.00K	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$604.00K	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$55.00K	USD	1 Quarter
Repurchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$633.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-29.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$305.00K	USD	1 Quarter
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$56.00K	USD	1 Quarter
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-11.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.93M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.89M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.44M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.37M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.39M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.44M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.37M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.39M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.68M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$31.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$43.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$45.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$34.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-8.25M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.64M	USD	1 Quarter

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