◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

GENASYS INC. CIK: 924383 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001437749-23-002901
Period End Date 20221231
Filing Date 20230209
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance gnss20221231_10q_htm.xml
Filing Contents
Balance Sheet 81 line items
Line Item Tag Value Unit Period
Accounts Receivable, Allowance for Credit Loss, Current AllowanceForDoubtfulAccountsReceivableCurrent $181.00K USD Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current AllowanceForDoubtfulAccountsReceivableCurrent $181.00K USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare - USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.74M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $10.14M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.56M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 5.00M shares Point-in-time
Short-term marketable securities MarketableSecuritiesCurrent $6.40M USD Point-in-time
Short-term marketable securities MarketableSecuritiesCurrent $6.55M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 5.00M shares Point-in-time
Preferred Stock, Shares Issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Restricted cash RestrictedCashCurrent $100.00K USD Point-in-time
Preferred Stock, Shares Issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Restricted cash RestrictedCashCurrent $738.00K 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
Accounts receivable, net AccountsReceivableNetCurrent $3.30M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $6.74M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare - USD Point-in-time
Inventories, net InventoryNet $6.01M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare - USD Point-in-time
Inventories, net InventoryNet $8.00M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $2.94M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $3.58M USD Point-in-time
Common Stock, Shares, Issued (in shares) CommonStockSharesIssued 36.61M shares Point-in-time
Total current assets AssetsCurrent $35.56M USD Point-in-time
Common Stock, Shares, Issued (in shares) CommonStockSharesIssued 36.71M shares Point-in-time
Total current assets AssetsCurrent $29.09M USD Point-in-time
Common stock, outstanding (in shares) CommonStockSharesOutstanding 36.71M shares Point-in-time
Long-term marketable securities MarketableSecuritiesNoncurrent $781.00K USD Point-in-time
Common stock, outstanding (in shares) CommonStockSharesOutstanding 36.61M shares Point-in-time
Long-term marketable securities MarketableSecuritiesNoncurrent $1.03M USD Point-in-time
Long-term restricted cash RestrictedCashNoncurrent $823.00K USD Point-in-time
Long-term restricted cash RestrictedCashNoncurrent $96.00K USD Point-in-time
Deferred tax assets, net DeferredIncomeTaxAssetsNet $7.37M USD Point-in-time
Deferred tax assets, net DeferredIncomeTaxAssetsNet $7.37M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.76M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.75M USD Point-in-time
Goodwill GoodwillGross $10.31M USD Point-in-time
Goodwill GoodwillGross $10.12M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $10.51M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $10.00M USD Point-in-time
Operating lease right of use assets OperatingLeaseRightOfUseAsset $4.54M USD Point-in-time
Operating lease right of use assets OperatingLeaseRightOfUseAsset $4.38M USD Point-in-time
Other assets PrepaidExpenseAndOtherAssetsNoncurrent $394.00K USD Point-in-time
Other assets PrepaidExpenseAndOtherAssetsNoncurrent $422.00K USD Point-in-time
Total assets Assets $71.85M USD Point-in-time
Total assets Assets $64.46M USD Point-in-time
Accounts payable AccountsPayableCurrent $2.33M USD Point-in-time
Accounts payable AccountsPayableCurrent $2.61M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $8.07M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $12.08M USD Point-in-time
Operating lease liabilities, current portion OperatingLeaseLiabilityCurrent $954.00K USD Point-in-time
Operating lease liabilities, current portion OperatingLeaseLiabilityCurrent $948.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $15.37M USD Point-in-time
Total current liabilities LiabilitiesCurrent $11.64M USD Point-in-time
Other liabilities, noncurrent OtherLiabilitiesNoncurrent $907.00K USD Point-in-time
Other liabilities, noncurrent OtherLiabilitiesNoncurrent $243.00K USD Point-in-time
Operating lease liabilities, noncurrent OperatingLeaseLiabilityNoncurrent $4.98M USD Point-in-time
Operating lease liabilities, noncurrent OperatingLeaseLiabilityNoncurrent $5.19M USD Point-in-time
Total liabilities Liabilities $16.86M USD Point-in-time
Total liabilities Liabilities $21.46M USD Point-in-time
Preferred stock, $0.00001 par value; 5,000,000 shares authorized; none issued and outstanding PreferredStockValue - USD Point-in-time
Preferred stock, $0.00001 par value; 5,000,000 shares authorized; none issued and outstanding PreferredStockValue - USD Point-in-time
Common stock, $0.00001 par value; 100,000,000 shares authorized; 36,713,471 and 36,611,240 shares issued and outstanding, respectively CommonStockValue - USD Point-in-time
Common stock, $0.00001 par value; 100,000,000 shares authorized; 36,713,471 and 36,611,240 shares issued and outstanding, respectively CommonStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $108.55M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $109.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-60.87M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-57.37M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-792.00K USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-526.00K USD Point-in-time
Total stockholders' equity StockholdersEquity $64.73M USD Point-in-time
Total stockholders' equity StockholdersEquity $47.60M USD Point-in-time
Total stockholders' equity StockholdersEquity $65.96M USD Point-in-time
Total stockholders' equity StockholdersEquity $50.39M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $71.85M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $64.46M USD Point-in-time
Income Statement 26 line items
Line Item Tag Value Unit Period
Product sales RevenueFromContractWithCustomerIncludingAssessedTax $10.68M USD 1 Quarter
Product sales RevenueFromContractWithCustomerIncludingAssessedTax $10.49M USD 1 Quarter
Cost of revenues CostOfRevenue $5.94M USD 1 Quarter
Cost of revenues CostOfRevenue $5.54M USD 1 Quarter
Gross profit GrossProfit $5.14M USD 1 Quarter
Gross profit GrossProfit $4.54M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $5.04M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $6.09M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $1.94M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $1.71M USD 1 Quarter
Total operating expenses OperatingExpenses $6.75M USD 1 Quarter
Total operating expenses OperatingExpenses $8.03M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-3.49M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-1.61M USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $13.00K USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $-20.00K USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-3.51M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.60M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-291.00K USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit - USD 1 Quarter
Net loss NetIncomeLoss $-3.51M USD 1 Quarter
Net loss NetIncomeLoss $-1.30M USD 1 Quarter
Net loss per common share - basic and diluted (in dollars per share) EarningsPerShareBasic $-0.04 USD 1 Quarter
Net loss per common share - basic and diluted (in dollars per share) EarningsPerShareBasic $-0.10 USD 1 Quarter
Basic and diluted (in shares) WeightedAverageNumberOfSharesOutstandingBasic 36.70M shares 1 Quarter
Basic and diluted (in shares) WeightedAverageNumberOfSharesOutstandingBasic 36.46M shares 1 Quarter
Cash Flow Statement 73 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-3.51M USD 1 Quarter
Net loss NetIncomeLoss $-1.30M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $643.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $639.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $5.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $5.00K USD 1 Quarter
Warranty provision ProductWarrantyExpenseBenefit $4.00K USD 1 Quarter
Warranty provision ProductWarrantyExpenseBenefit $24.00K USD 1 Quarter
Inventory obsolescence InventoryWriteDown $46.00K USD 1 Quarter
Inventory obsolescence InventoryWriteDown $26.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $558.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $420.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits - USD 1 Quarter
Amortization of operating lease right of use asset OperatingLeaseRightOfUseAssetAmortizationExpense $199.00K USD 1 Quarter
Amortization of operating lease right of use asset OperatingLeaseRightOfUseAssetAmortizationExpense $178.00K USD 1 Quarter
Accretion of acquisition holdback liability AccretionExpense $12.00K USD 1 Quarter
Accretion of acquisition holdback liability AccretionExpense $12.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-889.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-3.48M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $2.04M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $2.75M USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidExpense $-624.00K USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidExpense $-253.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $249.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $99.00K USD 1 Quarter
Accrued and other liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $-1.74M USD 1 Quarter
Accrued and other liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $-5.01M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-2.70M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-4.85M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $1.99M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $2.65M USD 1 Quarter
Proceeds from maturities of marketable securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $1.61M USD 1 Quarter
Proceeds from maturities of marketable securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $2.89M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $159.00K USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $98.00K USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $72.00K USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-483.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $46.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $32.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-395.00K USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $32.00K USD 1 Quarter
Effect of foreign exchange rate on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $39.00K USD 1 Quarter
Effect of foreign exchange rate on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-11.00K USD 1 Quarter
Net decrease in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-3.04M USD 1 Quarter
Net decrease in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-5.26M USD 1 Quarter
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $11.49M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $13.66M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $8.40M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.53M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $11.49M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $13.66M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $8.40M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.53M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.74M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $10.14M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.56M USD Point-in-time
Restricted cash, current portion RestrictedCashAndCashEquivalentsAtCarryingValue $273.00K USD Point-in-time
Restricted cash, current portion RestrictedCashAndCashEquivalentsAtCarryingValue $738.00K USD Point-in-time
Long-term restricted cash RestrictedCashAndCashEquivalentsNoncurrent $1.08M USD Point-in-time
Long-term restricted cash RestrictedCashAndCashEquivalentsNoncurrent $96.00K USD Point-in-time
Total cash, cash equivalents and restricted cash shown in the consolidated statement of cash flows CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $11.49M USD Point-in-time
Total cash, cash equivalents and restricted cash shown in the consolidated statement of cash flows CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $13.66M USD Point-in-time
Total cash, cash equivalents and restricted cash shown in the consolidated statement of cash flows CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $8.40M USD Point-in-time
Total cash, cash equivalents and restricted cash shown in the consolidated statement of cash flows CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.53M USD Point-in-time
Change in unrealized loss on marketable securities NoncashOrPartNoncashUnrealizedLossOnMarketableSecurities $-10.00K USD 1 Quarter
Change in unrealized loss on marketable securities NoncashOrPartNoncashUnrealizedLossOnMarketableSecurities $21.00K USD 1 Quarter
Obligation to issue common stock in connection with the Amika Mobile asset purchase BusinessCombinationConsiderationTransferredEquityInterestsIssuable $832.00K USD 1 Quarter
Obligation to issue common stock in connection with the Amika Mobile asset purchase BusinessCombinationConsiderationTransferredEquityInterestsIssuable $416.00K USD 1 Quarter
Initial measurement of operating lease right of use assets InitialMeasurementOfOperatingLeaseRightOfUseAssets - USD 1 Quarter
Initial measurement of operating lease right of use assets InitialMeasurementOfOperatingLeaseRightOfUseAssets $7.00K USD 1 Quarter
Initial measurement of operating lease liabilities InitialMeasurementOfOperatingLeaseLiabilities $7.00K USD 1 Quarter
Initial measurement of operating lease liabilities InitialMeasurementOfOperatingLeaseLiabilities - USD 1 Quarter
Comprehensive Income 8 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-3.51M USD 1 Quarter
Net loss NetIncomeLoss $-1.30M USD 1 Quarter
Unrealized gain (loss) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $21.00K USD 1 Quarter
Unrealized gain (loss) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-10.00K USD 1 Quarter
Unrealized foreign currency gain (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-75.00K USD 1 Quarter
Unrealized foreign currency gain (loss) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $245.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-3.24M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-1.39M USD 1 Quarter

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...