10-Q Filing

POWERFLEET, INC. CIK: 1774170 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001493152-20-009148`
Period End Date	20200331
Filing Date	20200515
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	pwfl-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 112 Income Statement 38 Cash Flow Statement 98 Stockholders Equity 26 Comprehensive Income 12

Balance Sheet 112 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts, accounts receivable current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.97M	USD	Point-in-time
Allowance for doubtful accounts, accounts receivable current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.00M	USD	Point-in-time
Series A Convertible redeemable preferred stock, shares authorized	`TemporaryEquitySharesAuthorized`	100,000.00	shares	Point-in-time
Series A Convertible redeemable preferred stock, shares authorized	`TemporaryEquitySharesAuthorized`	100,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.52M	USD	Point-in-time
Series A Convertible redeemable preferred stock, par value	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Series A Convertible redeemable preferred stock, par value	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.16M	USD	Point-in-time
Series A Convertible redeemable preferred stock, shares issued	`TemporaryEquitySharesIssued`	52,000.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$307.00K	USD	Point-in-time
Series A Convertible redeemable preferred stock, shares issued	`TemporaryEquitySharesIssued`	52,000.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$307.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,004 and $1,973 in 2019 and 2020, respectively	`AccountsReceivableNetCurrent`	$27.02M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,004 and $1,973 in 2019 and 2020, respectively	`AccountsReceivableNetCurrent`	$24.88M	USD	Point-in-time
Series A Convertible redeemable preferred stock, shares outstanding	`TemporaryEquitySharesOutstanding`	52,000.00	shares	Point-in-time
Series A Convertible redeemable preferred stock, shares outstanding	`TemporaryEquitySharesOutstanding`	52,000.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Inventory, net	`InventoryNet`	$15.15M	USD	Point-in-time
Inventory, net	`InventoryNet`	$16.38M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred costs - current	`ContractWithCustomerAssetNetCurrent`	$3.72M	USD	Point-in-time
Deferred costs - current	`ContractWithCustomerAssetNetCurrent`	$3.66M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.37M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$67.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$71.19M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	31.01M	shares	Point-in-time
Deferred costs - less current portion	`ContractWithCustomerAssetNetNoncurrent`	$4.06M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.80M	shares	Point-in-time
Deferred costs - less current portion	`ContractWithCustomerAssetNetNoncurrent`	$4.81M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$7.17M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$8.24M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	29.74M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	29.88M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.13M	shares	Point-in-time
Goodwill	`Goodwill`	$89.07M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.06M	shares	Point-in-time
Goodwill	`Goodwill`	$88.87M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$35.27M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$36.64M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$7.02M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$7.07M	USD	Point-in-time
Severance payable fund	`SeverancePayableFund`	$3.37M	USD	Point-in-time
Severance payable fund	`SeverancePayableFund`	$3.53M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.65M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.53M	USD	Point-in-time
Total assets	`Assets`	$223.03M	USD	Point-in-time
Total assets	`Assets`	$215.76M	USD	Point-in-time
Short-term bank debt and current maturities of long-term debt	`ShortTermBorrowings`	$3.93M	USD	Point-in-time
Short-term bank debt and current maturities of long-term debt	`ShortTermBorrowings`	$3.37M	USD	Point-in-time
Convertible note payable	`ConvertibleNotesPayableCurrent`	$5.00M	USD	Point-in-time
Convertible note payable	`ConvertibleNotesPayableCurrent`	$5.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.88M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.13M	USD	Point-in-time
Deferred revenue - current	`ContractWithCustomerLiabilityCurrent`	$8.44M	USD	Point-in-time
Deferred revenue - current	`ContractWithCustomerLiabilityCurrent`	$7.69M	USD	Point-in-time
Lease liability - current	`OperatingLeaseLiabilityCurrent`	$868.00K	USD	Point-in-time
Lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.81M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$24.50M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$26.52M	USD	Point-in-time
Deferred revenue - less current portion	`ContractWithCustomerLiabilityNoncurrent`	$8.54M	USD	Point-in-time
Deferred revenue - less current portion	`ContractWithCustomerLiabilityNoncurrent`	$7.44M	USD	Point-in-time
Lease liability - less current portion	`OperatingLeaseLiabilityNoncurrent`	$6.37M	USD	Point-in-time
Lease liability - less current portion	`OperatingLeaseLiabilityNoncurrent`	$4.55M	USD	Point-in-time
Accrued severance payable	`AccruedSeverancePayableNoncurrent`	$4.06M	USD	Point-in-time
Accrued severance payable	`AccruedSeverancePayableNoncurrent`	$4.02M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$4.40M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$3.72M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$751.00K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$438.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$88.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$91.46M	USD	Point-in-time
Commitments and Contingencies (Note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible redeemable Preferred stock: Series A - 100 shares authorized, $0.01 par value; 52 shares issued and outstanding	`TemporaryEquityCarryingAmountAttributableToParent`	$48.52M	USD	Point-in-time
Convertible redeemable Preferred stock: Series A - 100 shares authorized, $0.01 par value; 52 shares issued and outstanding	`TemporaryEquityCarryingAmountAttributableToParent`	$47.39M	USD	Point-in-time
Preferred stock; authorized 50,000 shares, $0.01 par value;	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; authorized 50,000 shares, $0.01 par value;	`PreferredStockValue`	-	USD	Point-in-time
Common stock; authorized 75,000 shares, $0.01 par value; 30,804 and 31,012 shares issued at December 31, 2019 and March 31, 2020, respectively; shares outstanding, 29,743 and 29,881 at December 31, 2019 and March 31, 2020, respectively	`CommonStockValue`	$308.00K	USD	Point-in-time
Common stock; authorized 75,000 shares, $0.01 par value; 30,804 and 31,012 shares issued at December 31, 2019 and March 31, 2020, respectively; shares outstanding, 29,743 and 29,881 at December 31, 2019 and March 31, 2020, respectively	`CommonStockValue`	$310.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$201.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$202.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-115.57M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-112.14M	USD	Point-in-time
Accumulated other comprehensive (loss) gain	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$265.00K	USD	Point-in-time
Accumulated other comprehensive (loss) gain	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.06M	USD	Point-in-time
Accumulated other comprehensive (loss) gain	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-435.00K	USD	Point-in-time
Accumulated other comprehensive (loss) gain	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-400.00K	USD	Point-in-time
Treasury stock; 1,061 and 1,131 common shares at cost at December 31, 2019 and March 31, 2020, respectively	`TreasuryStockValue`	$6.05M	USD	Point-in-time
Treasury stock; 1,061 and 1,131 common shares at cost at December 31, 2019 and March 31, 2020, respectively	`TreasuryStockValue`	$6.54M	USD	Point-in-time
Total PowerFleet, Inc. stockholders' equity	`StockholdersEquity`	$78.43M	USD	Point-in-time
Total PowerFleet, Inc. stockholders' equity	`StockholdersEquity`	$84.19M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-45.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-10.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.53M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.18M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$29.73M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$215.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$223.03M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Total Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.61M	USD	1 Quarter
Total Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$30.80M	USD	1 Quarter
Total Cost of revenue	`CostOfGoodsAndServicesSold`	$15.93M	USD	1 Quarter
Total Cost of revenue	`CostOfGoodsAndServicesSold`	$6.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$14.87M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.11M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.66M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.17M	USD	1 Quarter
Acquisition-related fees	`BusinessCombinationAcquisitionRelatedCosts`	$1.45M	USD	1 Quarter
Acquisition-related fees	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Total Operating expenses	`OperatingExpenses`	$18.27M	USD	1 Quarter
Total Operating expenses	`OperatingExpenses`	$9.22M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.20M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.41M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$14.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$65.00K	USD	1 Quarter
Interest expense	`InterestExpenses`	$145.00K	USD	1 Quarter
Interest expense	`InterestExpenses`	$-20.00K	USD	1 Quarter
Other income (loss), net	`NonoperatingIncomeExpense`	$2.00K	USD	1 Quarter
Other income (loss), net	`NonoperatingIncomeExpense`	$-38.00K	USD	1 Quarter
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.25M	USD	1 Quarter
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.19M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$193.00K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss before non-controlling interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-3.44M	USD	1 Quarter
Net loss before non-controlling interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.19M	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.00K	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.12M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.19M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.55M	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.16	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.03M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.62M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net loss before non-controlling interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-3.44M	USD	1 Quarter
Net loss before non-controlling interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.19M	USD	1 Quarter
Inventory reserve	`InventoryReserveForObsoleteInventory`	$63.00K	USD	1 Quarter
Inventory reserve	`InventoryReserveForObsoleteInventory`	$45.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.11M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$583.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$382.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.07M	USD	1 Quarter
Right of use asset non-cash lease expense	`RightOfUseAssetNonCashLeaseExpense`	$160.00K	USD	1 Quarter
Right of use asset non-cash lease expense	`RightOfUseAssetNonCashLeaseExpense`	$731.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$72.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$184.00K	USD	1 Quarter
Change in contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$20.00K	USD	1 Quarter
Change in contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Deferred taxes	`DeferredTaxes`	-	USD	1 Quarter
Deferred taxes	`DeferredTaxes`	$193.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$8.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-33.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.93M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-820.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$255.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-691.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$549.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-141.00K	USD	1 Quarter
Deferred costs	`IncreaseDecreaseInContractWithCustomerAsset`	$-812.00K	USD	1 Quarter
Deferred costs	`IncreaseDecreaseInContractWithCustomerAsset`	$834.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.70M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-924.00K	USD	1 Quarter
Accrued severance payable, net	`IncreaseDecreaseInPostemploymentObligations`	$100.00K	USD	1 Quarter
Accrued severance payable, net	`IncreaseDecreaseInPostemploymentObligations`	-	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-196.00K	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-785.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.65M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.69M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.76M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.62M	USD	1 Quarter
Acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.10M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$16.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$234.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$471.00K	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$99.00K	USD	1 Quarter
Proceeds from the sale and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	-	USD	1 Quarter
Proceeds from the sale and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$4.64M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.21M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-455.00K	USD	1 Quarter
Short-term bank debt, net	`ProceedsFromShortTermDebt`	-	USD	1 Quarter
Short-term bank debt, net	`ProceedsFromShortTermDebt`	$104.00K	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$479.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$127.00K	USD	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`PaymentsForRepurchaseOfCommonStock`	$232.00K	USD	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`PaymentsForRepurchaseOfCommonStock`	$226.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-480.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-226.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-10.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.61M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-644.00K	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$211.00K	USD	1 Quarter
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.91M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$9.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$10.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.91M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$9.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$10.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.16M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$307.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$307.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsBeginning`	$10.47M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsBeginning`	$16.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.16M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$307.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$307.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsEnding`	$9.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsEnding`	$16.91M	USD	Point-in-time
Taxes	`IncomeTaxesPaidNet`	$5.00K	USD	1 Quarter
Taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Interest	`InterestPaidNet`	$483.00K	USD	1 Quarter
Interest	`InterestPaidNet`	-	USD	1 Quarter
Unrealized (loss) gain on investments	`UnrealizedGainLossOnInvestments`	$47.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Value of shares withheld pursuant to exercise of stock options	`ValueOfSharesWithheldPursuantToExerciseOfStockOptions`	$256.00K	USD	1 Quarter
Value of shares withheld pursuant to exercise of stock options	`ValueOfSharesWithheldPursuantToExerciseOfStockOptions`	-	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.53M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$29.73M	USD	Point-in-time
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.19M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.55M	USD	1 Quarter
Net loss attributable to non-controlling interest	`IncomeLossAttributableToParent`	$-15.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.33M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.00K	USD	1 Quarter
Reclassification of realized losses on investments, net of unrealized amounts	`UnrealizedGainLossOnInvestments`	$47.00K	USD	1 Quarter
Reclassification of realized losses on investments, net of unrealized amounts	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Issuance of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Forfeiture of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$62.00K	USD	1 Quarter
Shares issued pursuant to exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$383.00K	USD	1 Quarter
Shares withheld pursuant to exercise of stock options	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-256.00K	USD	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings`	226.00	shares	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings`	232.00	shares	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.16M	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$583.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.53M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$29.73M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.19M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.55M	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$9.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Reclassification of net realized investment loss included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification of net realized investment loss included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-38.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.33M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.33M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$35.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.16M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-6.88M	USD	1 Quarter

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