10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-013704`
Period End Date	20170630
Filing Date	20170803
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	erii-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 76 Cash Flow Statement 76 Comprehensive Income 20

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$95.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$130.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$22.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$78.99M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$21.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.30M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.48M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$39.07M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$57.48M	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
Accounts receivable, net of allowance for doubtful accounts of $95 and $130 at June 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNetCurrent`	$11.76M	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 $95 and $130 at June 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNetCurrent`	$12.35M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$451.00K	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$190.00K	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`	$3.86M	USD	Point-in-time
Cost and estimated earnings in excess of billings	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$1.82M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$4.55M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$6.37M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.88M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.31M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.84M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.83M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.57M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$122.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$118.10M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.16M	shares	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`	4.26M	shares	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$778.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.09M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.63M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.27M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $22,626 and $21,385 at June 30, 2017 and December 31, 2016, respectively	`PropertyPlantAndEquipmentNet`	$8.64M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $22,626 and $21,385 at June 30, 2017 and December 31, 2016, respectively	`PropertyPlantAndEquipmentNet`	$10.97M	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`	$1.58M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.90M	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`	$149.06M	USD	Point-in-time
Total assets	`Assets`	$145.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.50M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$6.88M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$9.02M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$80.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$16.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$428.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$411.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$398.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$374.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$461.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$406.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.20M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$5.86M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.03M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$22.00K	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$27.00K	USD	Point-in-time
Deferred tax liabilities, non-current	`DeferredTaxLiabilitiesNoncurrent`	$2.23M	USD	Point-in-time
Deferred tax liabilities, non-current	`DeferredTaxLiabilitiesNoncurrent`	$2.36M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$61.46M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$63.96M	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$459.00K	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$554.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$83.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$80.33M	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; 57,835,209 shares issued and 53,572,376 shares outstanding at June 30, 2017, and 56,884,207 shares issued and 53,162,551, shares outstanding at December 31, 2016	`CommonStockValue`	$58.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 57,835,209 shares issued and 53,572,376 shares outstanding at June 30, 2017, and 56,884,207 shares issued and 53,162,551, shares outstanding at December 31, 2016	`CommonStockValue`	$57.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$145.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$139.68M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-87.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-118.00K	USD	Point-in-time
Treasury stock, at cost, 4,262,833 repurchased at June 30, 2017 and 3,721,656 repurchased at December 31, 2016	`TreasuryStockValue`	$20.49M	USD	Point-in-time
Treasury stock, at cost, 4,262,833 repurchased at June 30, 2017 and 3,721,656 repurchased at December 31, 2016	`TreasuryStockValue`	$16.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-58.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-59.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$65.53M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$65.13M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$149.06M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$145.86M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueNet`	$11.97M	USD	1 Quarter
Product revenue	`SalesRevenueNet`	$10.92M	USD	1 Quarter
Product revenue	`SalesRevenueNet`	$22.02M	USD	2 Qtrs
Product revenue	`SalesRevenueNet`	$23.18M	USD	2 Qtrs
Product cost of revenue	`CostOfRevenue`	$8.14M	USD	2 Qtrs
Product cost of revenue	`CostOfRevenue`	$3.53M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$7.91M	USD	2 Qtrs
Product cost of revenue	`CostOfRevenue`	$4.24M	USD	1 Quarter
Product gross profit	`GrossProfit`	$14.11M	USD	2 Qtrs
Product gross profit	`GrossProfit`	$7.74M	USD	1 Quarter
Product gross profit	`GrossProfit`	$7.39M	USD	1 Quarter
Product gross profit	`GrossProfit`	$15.04M	USD	2 Qtrs
License and development revenue	`LicensesRevenue`	$1.25M	USD	1 Quarter
License and development revenue	`LicensesRevenue`	$2.50M	USD	2 Qtrs
License and development revenue	`LicensesRevenue`	$2.50M	USD	2 Qtrs
License and development revenue	`LicensesRevenue`	$1.25M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.34M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.88M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.93M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.99M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$4.00M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.94M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$2.17M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$4.63M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.42M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.59M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.08M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.09M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$315.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$316.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$158.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$158.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.34M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$18.28M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$18.86M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$480.00K	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-1.67M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-1.32M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-694.00K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	2 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$58.00K	USD	2 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$229.00K	USD	2 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$79.00K	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$111.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.61M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$559.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.09M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-583.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-102.00K	USD	2 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-35.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$103.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-112.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$456.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-548.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-981.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-1.51M	USD	2 Qtrs
Basic net (loss) income per share (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic net (loss) income per share (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	2 Qtrs
Basic net (loss) income per share (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
Basic net (loss) income per share (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Diluted net (loss) income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted net (loss) income per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	2 Qtrs
Diluted net (loss) income per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted net (loss) income per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.37M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.75M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.79M	shares	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.29M	shares	2 Qtrs
Shares used in diluted per share calculation (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.70M	shares	1 Quarter
Shares used in diluted per share calculation (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.79M	shares	2 Qtrs
Shares used in diluted per share calculation (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.75M	shares	1 Quarter
Shares used in diluted per share calculation (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.29M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$456.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-548.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-981.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.51M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$1.86M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.12M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.85M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.82M	USD	2 Qtrs
Amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-34.00K	USD	2 Qtrs
Amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-230.00K	USD	2 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$91.00K	USD	2 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$96.00K	USD	2 Qtrs
Unrealized loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-16.00K	USD	2 Qtrs
Unrealized loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-52.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$16.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$10.00K	USD	2 Qtrs
Change in fair value of put options	`UnrealizedGainLossOnDerivatives`	$-33.00K	USD	2 Qtrs
Change in fair value of put options	`UnrealizedGainLossOnDerivatives`	-	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$49.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$93.00K	USD	2 Qtrs
Valuation adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-42.00K	USD	2 Qtrs
Valuation adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-119.00K	USD	2 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$146.00K	USD	2 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$123.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-233.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-199.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-347.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.32M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$89.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$64.00K	USD	2 Qtrs
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivables`	$-81.00K	USD	2 Qtrs
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivables`	$261.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.33M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$598.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-389.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.70M	USD	2 Qtrs
Cost and estimated earnings in excess of billings	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$2.04M	USD	2 Qtrs
Cost and estimated earnings in excess of billings	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	-	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.19M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.67M	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$384.00K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$522.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$849.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.98M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$12.51M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.13M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$315.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$613.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.78M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$14.90M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$31.15M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-15.83M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-21.29M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.68M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.51M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$5.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$5.00K	USD	2 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$195.00K	USD	2 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$8.38M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.28M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-5.87M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-794.00K	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-15.00K	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-90.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.08M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-20.94M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$78.99M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.28M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$61.36M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$78.99M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.28M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$61.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$456.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-548.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-981.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.51M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$25.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00K	USD	2 Qtrs
Unrealized loss on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-32.00K	USD	1 Quarter
Unrealized loss on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.00K	USD	1 Quarter
Unrealized loss on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-31.00K	USD	2 Qtrs
Unrealized loss on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-37.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$31.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$20.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-1.55M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$430.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-528.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-950.00K	USD	2 Qtrs

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