10-Q Filing

POWERFLEET, INC. CIK: 1774170 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001493152-21-019178`
Period End Date	20210630
Filing Date	20210810
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 83 Cash Flow Statement 103 Stockholders Equity 55 Comprehensive Income 18

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.36M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.75M	USD	Point-in-time
Temporary Equity, Shares Authorized	`TemporaryEquitySharesAuthorized`	100,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.39M	USD	Point-in-time
Temporary Equity, Par or Stated Value Per Share	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	55,000.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	55,000.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,364 and $2,754 in 2020 and 2021, respectively	`AccountsReceivableNetCurrent`	$24.15M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,364 and $2,754 in 2020 and 2021, respectively	`AccountsReceivableNetCurrent`	$29.66M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Inventory, net	`InventoryNet`	$12.87M	USD	Point-in-time
Inventory, net	`InventoryNet`	$13.47M	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred costs - current	`ContractWithCustomerAssetNetCurrent`	$2.80M	USD	Point-in-time
Deferred costs - current	`ContractWithCustomerAssetNetCurrent`	$3.13M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.91M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.18M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	37.28M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$93.01M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	32.28M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$64.77M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	35.98M	shares	Point-in-time
Deferred costs - less current portion	`ContractWithCustomerAssetNetNoncurrent`	$2.23M	USD	Point-in-time
Deferred costs - less current portion	`ContractWithCustomerAssetNetNoncurrent`	$1.16M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	31.10M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	1.18M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$8.87M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	1.30M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$8.80M	USD	Point-in-time
Goodwill	`Goodwill`	$83.34M	USD	Point-in-time
Goodwill	`Goodwill`	$83.34M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$31.28M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$28.68M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$9.70M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$9.45M	USD	Point-in-time
Severance payable fund	`SeverancePayableFund`	$4.06M	USD	Point-in-time
Severance payable fund	`SeverancePayableFund`	$4.06M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$1.00M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$1.51M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.18M	USD	Point-in-time
Total assets	`Assets`	$232.75M	USD	Point-in-time
Total assets	`Assets`	$208.80M	USD	Point-in-time
Short-term bank debt and current maturities of long-term debt	`ShortTermBorrowings`	$5.58M	USD	Point-in-time
Short-term bank debt and current maturities of long-term debt	`ShortTermBorrowings`	$5.92M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.23M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.56M	USD	Point-in-time
Deferred revenue - current	`ContractWithCustomerLiabilityCurrent`	$7.34M	USD	Point-in-time
Deferred revenue - current	`ContractWithCustomerLiabilityCurrent`	$8.05M	USD	Point-in-time
Lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.19M	USD	Point-in-time
Lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$35.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.72M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$23.18M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$20.02M	USD	Point-in-time
Deferred revenue - less current portion	`ContractWithCustomerLiabilityNoncurrent`	$5.42M	USD	Point-in-time
Deferred revenue - less current portion	`ContractWithCustomerLiabilityNoncurrent`	$6.01M	USD	Point-in-time
Lease liability - less current portion	`OperatingLeaseLiabilityNoncurrent`	$7.42M	USD	Point-in-time
Lease liability - less current portion	`OperatingLeaseLiabilityNoncurrent`	$7.05M	USD	Point-in-time
Accrued severance payable	`AccruedSeverancePayableNoncurrent`	$4.71M	USD	Point-in-time
Accrued severance payable	`AccruedSeverancePayableNoncurrent`	$4.67M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$674.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$739.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$77.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$77.52M	USD	Point-in-time
Convertible redeemable preferred stock: Series A 100 shares authorized, $0.01 par value; 55 and 55 shares issued and outstanding at December 31, 2020 and June 30, 2021	`TemporaryEquityCarryingAmountAttributableToParent`	$52.33M	USD	Point-in-time
Convertible redeemable preferred stock: Series A 100 shares authorized, $0.01 par value; 55 and 55 shares issued and outstanding at December 31, 2020 and June 30, 2021	`TemporaryEquityCarryingAmountAttributableToParent`	$51.99M	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; 32,280 and 37,278 shares issued at December 31, 2020 and June 30, 2021, respectively; shares outstanding, 31,101 and 35,982 at December 31, 2020 and June 30, 2021, respectively	`CommonStockValue`	$323.00K	USD	Point-in-time
Common stock; authorized 75,000 shares, $0.01 par value; 32,280 and 37,278 shares issued at December 31, 2020 and June 30, 2021, respectively; shares outstanding, 31,101 and 35,982 at December 31, 2020 and June 30, 2021, respectively	`CommonStockValue`	$373.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$206.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$234.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-121.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-124.38M	USD	Point-in-time
Accumulated other comprehensive gain (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$399.00K	USD	Point-in-time
Accumulated other comprehensive gain (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.66M	USD	Point-in-time
Accumulated other comprehensive gain (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$68.00K	USD	Point-in-time
Accumulated other comprehensive gain (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$265.00K	USD	Point-in-time
Treasury stock; 1,179 and 1,296 common shares at cost at December 31, 2020 and June 30, 2021, respectively	`TreasuryStockValue`	$7.87M	USD	Point-in-time
Treasury stock; 1,179 and 1,296 common shares at cost at December 31, 2020 and June 30, 2021, respectively	`TreasuryStockValue`	$6.86M	USD	Point-in-time
Total Powerfleet, Inc. stockholders equity	`StockholdersEquity`	$79.21M	USD	Point-in-time
Total Powerfleet, Inc. stockholders equity	`StockholdersEquity`	$102.36M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$79.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$75.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.18M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$80.28M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.29M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$232.75M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$208.80M	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$62.54M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$33.55M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$56.56M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$25.77M	USD	1 Quarter
Total Cost of revenues	`CostOfGoodsAndServicesSold`	$32.02M	USD	2 Qtrs
Total Cost of revenues	`CostOfGoodsAndServicesSold`	$27.66M	USD	2 Qtrs
Total Cost of revenues	`CostOfGoodsAndServicesSold`	$11.72M	USD	1 Quarter
Total Cost of revenues	`CostOfGoodsAndServicesSold`	$17.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$28.91M	USD	2 Qtrs
Gross profit	`GrossProfit`	$14.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$16.05M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.52M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$27.27M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$12.17M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$27.03M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$13.42M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.58M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.75M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.52M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.78M	USD	1 Quarter
Total Operating expenses	`OperatingExpenses`	$14.75M	USD	1 Quarter
Total Operating expenses	`OperatingExpenses`	$32.55M	USD	2 Qtrs
Total Operating expenses	`OperatingExpenses`	$33.02M	USD	2 Qtrs
Total Operating expenses	`OperatingExpenses`	$16.20M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-705.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-4.11M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-2.04M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-155.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$24.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$17.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$31.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$12.00K	USD	1 Quarter
Interest expense	`InterestExpenseNonOperating`	$1.48M	USD	1 Quarter
Interest expense	`InterestExpenseNonOperating`	$1.34M	USD	2 Qtrs
Interest expense	`InterestExpenseNonOperating`	$669.00K	USD	2 Qtrs
Interest expense	`InterestExpenseNonOperating`	$1.23M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.00K	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$7.00K	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.17M	USD	1 Quarter
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.42M	USD	2 Qtrs
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.69M	USD	2 Qtrs
Net loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.37M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$460.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$540.00K	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$67.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$653.00K	USD	2 Qtrs
Net loss before non-controlling interest	`ProfitLoss`	$-3.23M	USD	2 Qtrs
Net loss before non-controlling interest	`ProfitLoss`	$-2.63M	USD	1 Quarter
Net loss before non-controlling interest	`ProfitLoss`	$-6.07M	USD	2 Qtrs
Net loss before non-controlling interest	`ProfitLoss`	$-1.44M	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	2 Qtrs
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-15.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-16.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.22M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.05M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.44M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.63M	USD	1 Quarter
Accretion of preferred stock	`AccretionOfPreferredStock`	$336.00K	USD	2 Qtrs
Accretion of preferred stock	`AccretionOfPreferredStock`	$168.00K	USD	1 Quarter
Accretion of preferred stock	`AccretionOfPreferredStock`	$168.00K	USD	1 Quarter
Accretion of preferred stock	`AccretionOfPreferredStock`	$336.00K	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$972.00K	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$1.93M	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$2.06M	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$1.03M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.31M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.55M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.62M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.98M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.63M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.77M	USD	1 Quarter
Net loss per share attributable to common stockholders - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	2 Qtrs
Net loss per share attributable to common stockholders - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	1 Quarter
Net loss per share attributable to common stockholders - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.16	USD	2 Qtrs
Net loss per share attributable to common stockholders - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.22M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.40M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.08M	shares	2 Qtrs
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.90M	shares	1 Quarter

Cash Flow Statement 103 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.22M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.05M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.44M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.63M	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	2 Qtrs
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-15.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-16.00K	USD	2 Qtrs
Inventory reserve	`InventoryReserveForObsoleteInventory`	$126.00K	USD	2 Qtrs
Inventory reserve	`InventoryReserveForObsoleteInventory`	$135.00K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$2.45M	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$2.17M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.23M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.05M	USD	2 Qtrs
Right-of-use assets, non-cash lease expense	`RightOfUseAssetNonCashLeaseExpense`	$1.44M	USD	2 Qtrs
Right-of-use assets, non-cash lease expense	`RightOfUseAssetNonCashLeaseExpense`	$1.50M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$543.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$531.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$540.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$653.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$35.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-160.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.85M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.36M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$797.00K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-1.11M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.33M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-485.00K	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.62M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.40M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$962.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.31M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.68M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.64M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-1.45M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-1.50M	USD	2 Qtrs
Accrued severance payable, net	`IncreaseDecreaseInPostemploymentObligations`	-	USD	2 Qtrs
Accrued severance payable, net	`IncreaseDecreaseInPostemploymentObligations`	$118.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.42M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$35.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$822.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$1.45M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-787.00K	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.45M	USD	2 Qtrs
Net proceeds from stock offering	`ProceedsFromIssuanceInitialPublicOffering`	$26.87M	USD	2 Qtrs
Net proceeds from stock offering	`ProceedsFromIssuanceInitialPublicOffering`	$4.04M	USD	2 Qtrs
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$2.06M	USD	2 Qtrs
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$991.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$2.67M	USD	2 Qtrs
Short-term bank debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$93.00K	USD	2 Qtrs
Short-term bank debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-357.00K	USD	2 Qtrs
Proceeds from exercise of stock options, net	`ProceedsFromStockOptionsExercised`	$342.00K	USD	2 Qtrs
Proceeds from exercise of stock options, net	`ProceedsFromStockOptionsExercised`	$142.00K	USD	2 Qtrs
Purchase of treasury stock upon vesting of restricted stock	`PurchaseOfTreasuryStockVestingOfRestrictedStock`	$-362.00K	USD	2 Qtrs
Purchase of treasury stock upon vesting of restricted stock	`PurchaseOfTreasuryStockVestingOfRestrictedStock`	$-248.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.01M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.79M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.34M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.03M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$21.73M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.07M	USD	2 Qtrs
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`	$18.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$40.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.78M	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`	$18.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$40.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.39M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	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	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.78M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.17M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.39M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$308.00K	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	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.78M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.17M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.70M	USD	Point-in-time
Taxes	`IncomeTaxesPaidNet`	$38.00K	USD	2 Qtrs
Taxes	`IncomeTaxesPaidNet`	$48.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$934.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$757.00K	USD	2 Qtrs
Value of shares withheld pursuant to exercise of stock options	`ValueOfSharesWithheldPursuantToExerciseOfStockOptions`	$256.00K	USD	2 Qtrs
Value of shares withheld pursuant to exercise of stock options	`ValueOfSharesWithheldPursuantToExerciseOfStockOptions`	$647.00K	USD	2 Qtrs

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.44M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.18M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$80.28M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.92M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.38M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.29M	USD	Point-in-time
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.31M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.55M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.62M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.98M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.63M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.77M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.01M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.35M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$408.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.34M	USD	1 Quarter
Issuance of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	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
Forfeiture of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Forfeiture of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Forfeiture of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Shares issued pursuant to exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$216.00K	USD	1 Quarter
Shares issued pursuant to exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$72.00K	USD	1 Quarter
Shares issued pursuant to exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$383.00K	USD	1 Quarter
Shares issued pursuant to exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$717.00K	USD	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings`	232,000.00	shares	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings`	347,000.00	shares	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings`	15,000.00	shares	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings`	16,000.00	shares	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$62.00K	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-15.00K	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-16.00K	USD	2 Qtrs
Common shares issued under the 2020 ATM	`StockIssuedDuringPeriodValueCommonSharesIssuedUnderTwoThousandTwentyAtm`	$4.04M	USD	1 Quarter
Shares withheld pursuant to exercise of stock options	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-647.00K	USD	1 Quarter
Shares withheld pursuant to exercise of stock options	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-256.00K	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.36M	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.16M	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.09M	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.01M	USD	1 Quarter
Common shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$26.87M	USD	1 Quarter
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.44M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.18M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$80.28M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.92M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$78.38M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.29M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.31M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.55M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.62M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.98M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.63M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.77M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrenciesTransactionAndTranslationAdjustmentNetOfTax`	$-331.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrenciesTransactionAndTranslationAdjustmentNetOfTax`	$-1.92M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrenciesTransactionAndTranslationAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrenciesTransactionAndTranslationAdjustmentNetOfTax`	$406.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.92M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-331.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$406.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-5.95M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.63M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-10.23M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.36M	USD	1 Quarter

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