10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001437749-16-041012`
Period End Date	20160930
Filing Date	20161103
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	erii-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 106 Income Statement 68 Cash Flow Statement 78 Comprehensive Income 20

Balance Sheet 106 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$189.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$166.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$18.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.50M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$20.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.69M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current collateral for stand-by letters of credit	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$521.00K	USD	Point-in-time
Current collateral for stand-by letters of credit	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.49M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$257.00K	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$15.05M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $189 and $166 at September 30, 2016 and December 31, 2015, respectively	`AccountsReceivableNetCurrent`	$8.19M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $189 and $166 at September 30, 2016 and December 31, 2015, respectively	`AccountsReceivableNetCurrent`	$11.59M	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
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$914.00K	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$1.88M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cost and estimated earnings in excess of billings	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$440.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cost and estimated earnings in excess of billings	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$6.50M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$5.84M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$938.00K	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	54.95M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.02M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	52.30M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$943.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	52.47M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$113.15M	USD	Point-in-time
Treasury stock, at cost, shares (in shares)	`TreasuryStockShares`	3.72M	shares	Point-in-time
Treasury stock, at cost, shares (in shares)	`TreasuryStockShares`	2.48M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$123.53M	USD	Point-in-time
Non-current collateral for stand-by letters of credit	`RestrictedCashAndCashEquivalentsNoncurrent`	$3.30M	USD	Point-in-time
Non-current collateral for stand-by letters of credit	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.32M	USD	Point-in-time
Unbilled receivables, non-current	`UnbilledReceivablesNoncurrent`	$6.00K	USD	Point-in-time
Unbilled receivables, non-current	`UnbilledReceivablesNoncurrent`	-	USD	Point-in-time
Deferred tax assets, non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.02M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $20,634 and $18,338 at September 30, 2016 and December 31, 2015, respectively	`PropertyPlantAndEquipmentNet`	$9.18M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $20,634 and $18,338 at September 30, 2016 and December 31, 2015, respectively	`PropertyPlantAndEquipmentNet`	$10.62M	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`	$2.06M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.53M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$4.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$2.00K	USD	Point-in-time
Total assets	`Assets`	$141.51M	USD	Point-in-time
Total assets	`Assets`	$151.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.86M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$7.81M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$6.27M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$137.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$411.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$755.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$756.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$394.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$747.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$461.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$5.88M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.46M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.02M	USD	Point-in-time
Total long-term debt	`LongTermDebtNoncurrent`	$38.00K	USD	Point-in-time
Total long-term debt	`LongTermDebtNoncurrent`	$30.00K	USD	Point-in-time
Deferred tax liabilities, non-current	`DeferredTaxLiabilitiesNoncurrent`	$2.36M	USD	Point-in-time
Deferred tax liabilities, non-current	`DeferredTaxLiabilitiesNoncurrent`	$2.17M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$69.00M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$65.23M	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$718.00K	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$598.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$83.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$88.14M	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; 56,023,054 shares issued and 52,301,398 shares outstanding at September 30, 2016, and 54,948,235 shares issued and 52,468,779 shares outstanding at December 31, 2015	`CommonStockValue`	$55.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 56,023,054 shares issued and 52,301,398 shares outstanding at September 30, 2016, and 54,948,235 shares issued and 52,468,779 shares outstanding at December 31, 2015	`CommonStockValue`	$56.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$129.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$136.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-91.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-64.00K	USD	Point-in-time
Treasury stock at cost, 3,721,656 and 2,479,456 shares repurchased at September 30, 2016 and December 31, 2015, respectively	`TreasuryStockValue`	$6.83M	USD	Point-in-time
Treasury stock at cost, 3,721,656 and 2,479,456 shares repurchased at September 30, 2016 and December 31, 2015, respectively	`TreasuryStockValue`	$16.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-59.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-61.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$63.66M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$58.41M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$151.80M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$141.51M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueNet`	$12.11M	USD	1 Quarter
Product revenue	`SalesRevenueNet`	$28.46M	USD	3 Qtrs
Product revenue	`SalesRevenueNet`	$33.05M	USD	3 Qtrs
Product revenue	`SalesRevenueNet`	$11.02M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$3.97M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$12.31M	USD	3 Qtrs
Product cost of revenue	`CostOfRevenue`	$4.95M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$11.88M	USD	3 Qtrs
Product gross profit	`GrossProfit`	$21.17M	USD	3 Qtrs
Product gross profit	`GrossProfit`	$7.06M	USD	1 Quarter
Product gross profit	`GrossProfit`	$7.16M	USD	1 Quarter
Product gross profit	`GrossProfit`	$16.14M	USD	3 Qtrs
License and development revenue	`LicensesRevenue`	-	USD	1 Quarter
License and development revenue	`LicensesRevenue`	$1.25M	USD	1 Quarter
License and development revenue	`LicensesRevenue`	$3.75M	USD	3 Qtrs
License and development revenue	`LicensesRevenue`	-	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.97M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.59M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.23M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.85M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$2.19M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$2.51M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$6.52M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$6.62M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.32M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.41M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$5.42M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$476.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$473.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$158.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$159.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$27.24M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$8.96M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.42M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$27.75M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-11.60M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-254.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.32M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-654.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$40.00K	USD	3 Qtrs
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$137.00K	USD	3 Qtrs
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-48.00K	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$79.00K	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-130.00K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-11.77M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-302.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-576.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.19M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$180.00K	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$38.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-99.00K	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$3.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.09M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.95M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-579.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-340.00K	USD	1 Quarter
Net loss per share basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	3 Qtrs
Net loss per share basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.23	USD	3 Qtrs
Basic & diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	52.11M	shares	1 Quarter
Basic & diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	52.24M	shares	1 Quarter
Basic & diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	52.23M	shares	3 Qtrs
Basic & diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	52.07M	shares	3 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.09M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.95M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-579.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-340.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.77M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.90M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.64M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.55M	USD	3 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$91.00K	USD	3 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$134.00K	USD	3 Qtrs
Amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-154.00K	USD	3 Qtrs
Amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-94.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$88.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$68.00K	USD	3 Qtrs
Unrealized loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-54.00K	USD	3 Qtrs
Unrealized loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-65.00K	USD	3 Qtrs
Change in fair value of put options	`UnrealizedGainLossOnDerivatives`	$-55.00K	USD	3 Qtrs
Change in fair value of put options	`UnrealizedGainLossOnDerivatives`	$-33.00K	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$120.00K	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-11.00K	USD	3 Qtrs
Valuation adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-175.00K	USD	3 Qtrs
Valuation adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-126.00K	USD	3 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$213.00K	USD	3 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$201.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-270.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$172.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.33M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.81M	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivables`	$-509.00K	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivables`	$-971.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$563.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-839.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-10.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$135.00K	USD	3 Qtrs
Litigation settlement	`IncreaseDecreaseInDeferredLiabilities`	$-1.70M	USD	3 Qtrs
Litigation settlement	`IncreaseDecreaseInDeferredLiabilities`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-134.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-69.00K	USD	3 Qtrs
Costs and estimated earnings in excess of billings	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$440.00K	USD	3 Qtrs
Costs and estimated earnings in excess of billings	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	-	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$242.00K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$598.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-3.60M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.60M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.33M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-7.70M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.00M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$11.85M	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$15.00K	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.86M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$900.00K	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$557.00K	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$15.91M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$13.14M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-15.83M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$558.00K	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.71M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$55.00K	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$5.00K	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$7.00K	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$9.38M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$608.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-5.67M	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-54.00K	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-66.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.00M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-19.24M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$80.69M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	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`	$80.69M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.09M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.95M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-579.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-340.00K	USD	1 Quarter
Foreign currency translation. balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$21.00K	USD	3 Qtrs
Foreign currency translation. balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00K	USD	1 Quarter
Foreign currency translation. balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.00K	USD	1 Quarter
Foreign currency translation. balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00K	USD	3 Qtrs
Unrealized gains (losses) on investments. balance	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$4.00K	USD	3 Qtrs
Unrealized gains (losses) on investments. balance	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$5.00K	USD	1 Quarter
Unrealized gains (losses) on investments. balance	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.00K	USD	1 Quarter
Unrealized gains (losses) on investments. balance	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-26.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$25.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-341.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-569.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-11.93M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.12M	USD	3 Qtrs

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