10-Q Filing

Proto Labs Inc CIK: 1443669 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001437749-22-011272`
Period End Date	20220331
Filing Date	20220506
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	prlb20220331_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 34 Cash Flow Statement 56 Stockholders Equity 25

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.95M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.24M	USD	Point-in-time
Short-term marketable securities	`MarketableSecuritiesCurrent`	$11.58M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term marketable securities	`MarketableSecuritiesCurrent`	$19.91M	USD	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 $1,998 and $1,948 as of March 31, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$80.05M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,998 and $1,948 as of March 31, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$85.96M	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
Inventory	`InventoryNet`	$14.23M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$13.16M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$1.32M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$687.00K	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.19M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.45M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.49M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$188.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$183.49M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.47M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$280.35M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	27.47M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$270.95M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	27.49M	shares	Point-in-time
Goodwill	`Goodwill`	$398.32M	USD	Point-in-time
Goodwill	`Goodwill`	$400.61M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$36.23M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$38.00M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$28.20M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$14.34M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$4.80M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$5.58M	USD	Point-in-time
Finance lease assets	`FinanceLeaseRightOfUseAsset`	$1.90M	USD	Point-in-time
Finance lease assets	`FinanceLeaseRightOfUseAsset`	$1.77M	USD	Point-in-time
Long-term assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroup`	-	USD	Point-in-time
Long-term assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroup`	$1.99M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$4.32M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$4.29M	USD	Point-in-time
Total assets	`Assets`	$928.58M	USD	Point-in-time
Total assets	`Assets`	$934.75M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$17.51M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$13.09M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$13.70M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$11.98M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$23.03M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.25M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.30M	USD	Point-in-time
Current finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$550.00K	USD	Point-in-time
Current finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$493.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.87M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.90M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.51M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.25M	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$1.27M	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$1.35M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$32.66M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$35.89M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.71M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$102.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$100.09M	USD	Point-in-time
Preferred stock, $0.001 par value, authorized 10,000,000 shares; issued and outstanding 0 shares as of each of March 31, 2022 and December 31, 2021	`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 March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, authorized 150,000,000 shares; issued and outstanding 27,493,661 and 27,465,945 shares as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$28.00K	USD	Point-in-time
Common stock, $0.001 par value, authorized 150,000,000 shares; issued and outstanding 27,493,661 and 27,465,945 shares as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$28.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$468.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$472.48M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$381.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$376.73M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.82M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$813.43M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$832.03M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$828.49M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$644.36M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$934.75M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$928.58M	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$116.13M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$124.17M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$68.36M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$60.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$55.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$55.33M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$20.59M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$19.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$12.18M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$10.56M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.77M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.41M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$51.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$47.91M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.26M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.89M	USD	1 Quarter
Other loss, net	`OtherNonoperatingIncomeExpense`	$-313.00K	USD	1 Quarter
Other loss, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.59M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.95M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$236.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.71M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.46M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.51M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.70M	shares	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.96M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-393.00K	USD	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.71M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.06M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.23M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$5.62M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$4.40M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.21M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-69.00K	USD	1 Quarter
Other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-79.00K	USD	1 Quarter
Other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-126.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.33M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.56M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-917.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$675.00K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.11M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.70M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.52M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-183.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$669.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-326.00K	USD	1 Quarter
Accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$2.89M	USD	1 Quarter
Accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.56M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.42M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.78M	USD	1 Quarter
Purchases of property, equipment and other capital assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.55M	USD	1 Quarter
Purchases of property, equipment and other capital assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.07M	USD	1 Quarter
Cash used for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$127.71M	USD	1 Quarter
Cash used for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$29.37M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$8.23M	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$45.19M	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Proceeds from call redemptions and maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$6.60M	USD	1 Quarter
Proceeds from call redemptions and maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$7.16M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.84M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-90.13M	USD	1 Quarter
Proceeds from exercises of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.70M	USD	1 Quarter
Proceeds from exercises of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$6.00K	USD	1 Quarter
Purchases of shares withheld for tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$468.00K	USD	1 Quarter
Purchases of shares withheld for tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.99M	USD	1 Quarter
Principal repayments of finance lease obligations	`FinanceLeasePrincipalPayments`	$137.00K	USD	1 Quarter
Principal repayments of finance lease obligations	`FinanceLeasePrincipalPayments`	$139.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-427.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-601.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$306.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-37.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-83.83M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.69M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$65.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.77M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$127.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.24M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$65.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.77M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$127.60M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Balance (in shares)	`CommonStockSharesOutstanding`	27.47M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	27.49M	shares	Point-in-time
Balance	`StockholdersEquity`	$813.43M	USD	Point-in-time
Balance	`StockholdersEquity`	$832.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$828.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$644.36M	USD	Point-in-time
Common shares issued on exercise of options and other, net of shares withheld for tax obligations	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-462.00K	USD	1 Quarter
Common shares issued on exercise of options and other, net of shares withheld for tax obligations	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-290.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.62M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.71M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.97M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.84M	USD	1 Quarter
Net unrealized gains (losses) on investments in securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$166.00K	USD	1 Quarter
Net unrealized gains (losses) on investments in securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-516.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.96M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-393.00K	USD	1 Quarter
Common shares issued for Hubs acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$166.71M	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	27.47M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	27.49M	shares	Point-in-time
Balance	`StockholdersEquity`	$813.43M	USD	Point-in-time
Balance	`StockholdersEquity`	$832.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$828.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$644.36M	USD	Point-in-time

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