10-Q Filing

Proto Labs Inc CIK: 1443669 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001437749-16-036401`
Period End Date	20160630
Filing Date	20160804
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	prlb-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 68 Cash Flow Statement 64

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$330.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$397.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.33M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.65M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term marketable securities	`MarketableSecuritiesCurrent`	$39.22M	USD	Point-in-time
Short-term marketable securities	`MarketableSecuritiesCurrent`	$33.20M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $397 and $330 as of June 30, 2016 and December 31, 2015, respectively	`AccountsReceivableNetCurrent`	$34.49M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $397 and $330 as of June 30, 2016 and December 31, 2015, respectively	`AccountsReceivableNetCurrent`	$36.12M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$9.90M	USD	Point-in-time
Inventory	`InventoryNet`	$9.77M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.47M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.22M	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
Income taxes receivable	`IncomeTaxesReceivable`	$2.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$6.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$148.41M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$138.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	26.20M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	26.42M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$138.69M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$125.47M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	26.20M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	26.42M	shares	Point-in-time
Goodwill	`Goodwill`	$28.92M	USD	Point-in-time
Goodwill	`Goodwill`	$28.92M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$3.34M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$2.98M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$64.79M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$67.73M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.30M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$517.00K	USD	Point-in-time
Total assets	`Assets`	$361.04M	USD	Point-in-time
Total assets	`Assets`	$388.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.44M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$9.75M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$9.99M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$2.63M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$2.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$23.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$26.26M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$4.24M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$4.63M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.93M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$33.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$31.24M	USD	Point-in-time
Preferred stock, $0.001 par value, authorized 10,000,000 shares; issued and outstanding 0 shares as of each of June 30, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, authorized 10,000,000 shares; issued and outstanding 0 shares as of each of June 30, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, authorized 150,000,000 shares; issued and outstanding 26,415,690 and 26,200,718 shares as of June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$26.00K	USD	Point-in-time
Common stock, $0.001 par value, authorized 150,000,000 shares; issued and outstanding 26,415,690 and 26,200,718 shares as of June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$26.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$208.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$198.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$155.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$134.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.93M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.21M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.61M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.73M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$327.64M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$356.78M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$361.04M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$388.02M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$122.50M	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$147.53M	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$63.97M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$74.96M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$49.70M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$65.63M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$32.72M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$26.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$81.90M	USD	2 Qtrs
Gross profit	`GrossProfit`	$72.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$42.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$37.55M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$22.39M	USD	2 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$11.45M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$9.50M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$18.36M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$8.71M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.82M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$11.13M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.38M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.55M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$51.91M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$39.62M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$27.39M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$20.20M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$33.19M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$14.85M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$17.35M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$29.99M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-36.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-493.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.72M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.09M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.70M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.94M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.71M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.31M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.25M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.62M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.36M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.56M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$11.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$10.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.14M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.81	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.86	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.84	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.37M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.30M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.89M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.92M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.53M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.25M	shares	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.34M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.95M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.55M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.96M	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$11.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$10.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.15M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.94M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.80M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.54M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.60M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.91M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$403.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$620.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$989.00K	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.92M	USD	2 Qtrs
Loss on impairment of assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Loss on impairment of assets	`AssetImpairmentCharges`	$455.00K	USD	2 Qtrs
Amortization of held-to-maturity securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-590.00K	USD	2 Qtrs
Amortization of held-to-maturity securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-632.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$1.09M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.20M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.22M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$187.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$663.00K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$469.00K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.15M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.69M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.98M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.37M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.38M	USD	2 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInOtherOperatingLiabilities`	$600.00K	USD	2 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.24M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$36.56M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$27.83M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.72M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.42M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireHeldToMaturitySecurities`	$38.30M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireHeldToMaturitySecurities`	$25.39M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$24.11M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$28.76M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-17.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-31.96M	USD	2 Qtrs
Payments on debt	`RepaymentsOfLongTermDebt`	$77.00K	USD	2 Qtrs
Payments on debt	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Acquisition-related contingent consideration	`PaymentsOfMergerRelatedCostsFinancingActivities`	$400.00K	USD	2 Qtrs
Acquisition-related contingent consideration	`PaymentsOfMergerRelatedCostsFinancingActivities`	$1.00M	USD	2 Qtrs
Proceeds from exercises of stock options and other	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.73M	USD	2 Qtrs
Proceeds from exercises of stock options and other	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$2.21M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.92M	USD	2 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$989.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.12M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.25M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-168.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$40.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$12.99M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.68M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.32M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$43.33M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$57.33M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$47.65M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$56.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$43.33M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$57.33M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$47.65M	USD	Point-in-time

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