10-Q Filing

POWERFLEET, INC. CIK: 1774170 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-027472`
Period End Date	20230630
Filing Date	20230810
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 110 Income Statement 96 Cash Flow Statement 101 Stockholders Equity 46 Comprehensive Income 18

Balance Sheet 110 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$2.56M	USD	Point-in-time
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$2.57M	USD	Point-in-time
Temporary equity, shares authorized	`TemporaryEquitySharesAuthorized`	100,000.00	shares	Point-in-time
Temporary equity, shares authorized	`TemporaryEquitySharesAuthorized`	100,000.00	shares	Point-in-time
Temporary equity, par value	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.70M	USD	Point-in-time
Temporary equity, par value	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.45M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Temporary equity, shares issued	`TemporaryEquitySharesIssued`	60,000.00	shares	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Temporary equity, shares issued	`TemporaryEquitySharesIssued`	59,000.00	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,567 and $2,555 in 2022 and 2023, respectively	`AccountsReceivableNetCurrent`	$32.49M	USD	Point-in-time
Temporary equity, shares outstanding	`TemporaryEquitySharesOutstanding`	60,000.00	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,567 and $2,555 in 2022 and 2023, respectively	`AccountsReceivableNetCurrent`	$31.32M	USD	Point-in-time
Temporary equity, shares outstanding	`TemporaryEquitySharesOutstanding`	59,000.00	shares	Point-in-time
Inventory, net	`InventoryNet`	$22.27M	USD	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`	$22.12M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred costs - current	`ContractWithCustomerAssetNetCurrent`	$762.00K	USD	Point-in-time
Deferred costs - current	`ContractWithCustomerAssetNetCurrent`	$338.00K	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`	$7.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.71M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$81.22M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$83.12M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$9.25M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.72M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.60M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$10.23M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	36.17M	shares	Point-in-time
Goodwill	`Goodwill`	$83.49M	USD	Point-in-time
Goodwill	`Goodwill`	$83.49M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	36.27M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	1.45M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$21.87M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	1.44M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$22.91M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$6.94M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$7.82M	USD	Point-in-time
Severance payable fund	`SeverancePayableFund`	$3.57M	USD	Point-in-time
Severance payable fund	`SeverancePayableFund`	$3.76M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$1.94M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$3.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.76M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.13M	USD	Point-in-time
Total assets	`Assets`	$217.44M	USD	Point-in-time
Total assets	`Assets`	$217.28M	USD	Point-in-time
Short-term bank debt and current maturities of long-term debt	`ShortTermBorrowings`	$10.31M	USD	Point-in-time
Short-term bank debt and current maturities of long-term debt	`ShortTermBorrowings`	$11.20M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$26.60M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.96M	USD	Point-in-time
Deferred revenue - current	`ContractWithCustomerLiabilityCurrent`	$6.19M	USD	Point-in-time
Deferred revenue - current	`ContractWithCustomerLiabilityCurrent`	$6.36M	USD	Point-in-time
Lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.45M	USD	Point-in-time
Lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.71M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$9.94M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$11.40M	USD	Point-in-time
Deferred revenue - less current portion	`ContractWithCustomerLiabilityNoncurrent`	$4.39M	USD	Point-in-time
Deferred revenue - less current portion	`ContractWithCustomerLiabilityNoncurrent`	$4.58M	USD	Point-in-time
Lease liability - less current portion	`OperatingLeaseLiabilityNoncurrent`	$4.71M	USD	Point-in-time
Lease liability - less current portion	`OperatingLeaseLiabilityNoncurrent`	$5.63M	USD	Point-in-time
Accrued severance payable	`AccruedSeverancePayableNoncurrent`	$4.37M	USD	Point-in-time
Accrued severance payable	`AccruedSeverancePayableNoncurrent`	$4.28M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$4.92M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$4.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$636.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$668.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$77.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$73.02M	USD	Point-in-time
Convertible redeemable preferred stock: Series A 100 shares authorized, $0.01 par value; 59 and 60 shares issued and outstanding at December 31, 2022 and June 30, 2023	`TemporaryEquityCarryingAmountAttributableToParent`	$57.56M	USD	Point-in-time
Convertible redeemable preferred stock: Series A 100 shares authorized, $0.01 par value; 59 and 60 shares issued and outstanding at December 31, 2022 and June 30, 2023	`TemporaryEquityCarryingAmountAttributableToParent`	$59.01M	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; 37,605 and 37,717 shares issued at December 31, 2022 and June 30, 2023, respectively; shares outstanding, 36,170 and 36,265 at December 31, 2022 and June 30, 2023, respectively	`CommonStockValue`	$377.00K	USD	Point-in-time
Common stock; authorized 75,000 shares, $0.01 par value; 37,605 and 37,717 shares issued at December 31, 2022 and June 30, 2023, respectively; shares outstanding, 36,170 and 36,265 at December 31, 2022 and June 30, 2023, respectively	`CommonStockValue`	$376.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$233.52M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$234.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-141.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-139.65M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$391.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-998.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.21M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.06M	USD	Point-in-time
Treasury stock; 1,435 and 1,453 common shares at cost at December 31, 2022 and June 30, 2023, respectively	`TreasuryStockValue`	$8.56M	USD	Point-in-time
Treasury stock; 1,435 and 1,453 common shares at cost at December 31, 2022 and June 30, 2023, respectively	`TreasuryStockValue`	$8.51M	USD	Point-in-time
Total PowerFleet, Inc. stockholders equity	`StockholdersEquity`	$82.74M	USD	Point-in-time
Total PowerFleet, Inc. stockholders equity	`StockholdersEquity`	$85.19M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$78.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$63.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$92.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$82.81M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.54M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.62M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.25M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$87.19M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$217.28M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$217.44M	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$67.75M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$64.89M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.05M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$34.59M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$32.24M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$37.13M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$18.36M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$16.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.63M	USD	2 Qtrs
Gross profit	`GrossProfit`	$16.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$16.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$32.65M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.82M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.73M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.77M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.99M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.23M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.90M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.18M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$17.82M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$37.68M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$19.17M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$35.96M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.59M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.03M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-3.13M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.33M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$28.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$15.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$22.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$46.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseNonOperating`	$-1.59M	USD	2 Qtrs
Interest expense, net	`InterestExpenseNonOperating`	$-1.49M	USD	1 Quarter
Interest expense, net	`InterestExpenseNonOperating`	$310.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseNonOperating`	$173.00K	USD	1 Quarter
Bargain purchase - Movingdots	`BargainPurchaseMovingdots`	$-7.52M	USD	2 Qtrs
Bargain purchase - Movingdots	`BargainPurchaseMovingdots`	-	USD	1 Quarter
Bargain purchase - Movingdots	`BargainPurchaseMovingdots`	-	USD	2 Qtrs
Bargain purchase - Movingdots	`BargainPurchaseMovingdots`	$-283.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$69.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.00K	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.93M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.71M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-77.00K	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.23M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$436.00K	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-663.00K	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$40.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$39.00K	USD	1 Quarter
Net income (loss) before non-controlling interest	`ProfitLoss`	$-2.97M	USD	1 Quarter
Net income (loss) before non-controlling interest	`ProfitLoss`	$-117.00K	USD	1 Quarter
Net income (loss) before non-controlling interest	`ProfitLoss`	$-3.04M	USD	2 Qtrs
Net income (loss) before non-controlling interest	`ProfitLoss`	$1.79M	USD	2 Qtrs
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00K	USD	2 Qtrs
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.05M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-118.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.98M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.79M	USD	2 Qtrs
Accretion of preferred stock	`AccretionOfPreferredStock`	$168.00K	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`	$336.00K	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$2.24M	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$1.13M	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$2.08M	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$1.05M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.33M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.27M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.12M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.46M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.49M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-780.00K	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders - basic	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - basic	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - basic	`EarningsPerShareBasic`	$-0.15	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders - basic	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders - diluted	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - diluted	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Net income (loss) per share attributable to common stockholders - diluted	`EarningsPerShareDiluted`	$-0.15	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders - diluted	`EarningsPerShareDiluted`	$0.01	USD	2 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.58M	shares	2 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.60M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.39M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.36M	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35,386.00	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35,670.00	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35,605.00	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35,359.00	shares	2 Qtrs

Cash Flow Statement 101 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-3.05M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-118.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.98M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.79M	USD	2 Qtrs
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00K	USD	2 Qtrs
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00K	USD	2 Qtrs
Gain on bargain purchase	`GainOnBargainPurchase`	$-7.52M	USD	2 Qtrs
Gain on bargain purchase	`GainOnBargainPurchase`	-	USD	2 Qtrs
Inventory reserve	`InventoryReserveForObsoleteInventory`	$119.00K	USD	2 Qtrs
Inventory reserve	`InventoryReserveForObsoleteInventory`	$375.00K	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$2.09M	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$1.68M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.13M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.50M	USD	2 Qtrs
Right-of-use assets, non-cash lease expense	`RightOfUseAssetNonCashLeaseExpense`	$1.38M	USD	2 Qtrs
Right-of-use assets, non-cash lease expense	`RightOfUseAssetNonCashLeaseExpense`	$1.32M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-364.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$826.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$398.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-663.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-73.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-604.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.91M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$37.00K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$5.41M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-152.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$412.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-500.00K	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInContractWithCustomerAsset`	$-424.00K	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInContractWithCustomerAsset`	$-696.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$533.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-53.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.84M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.86M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.33M	USD	2 Qtrs
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.34M	USD	2 Qtrs
Accrued severance payable, net	`IncreaseDecreaseInPostemploymentObligations`	$30.00K	USD	2 Qtrs
Accrued severance payable, net	`IncreaseDecreaseInPostemploymentObligations`	$88.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.70M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.34M	USD	2 Qtrs
Acquisitions, net of cash assumed	`CashAcquiredFromAcquisition`	$8.72M	USD	2 Qtrs
Acquisitions, net of cash assumed	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Purchase of investments	`PaymentsForProceedsFromInvestments`	$100.00K	USD	2 Qtrs
Purchase of investments	`PaymentsForProceedsFromInvestments`	-	USD	2 Qtrs
Capitalized software development costs	`CapitalizedSoftwareDevelopment`	$1.68M	USD	2 Qtrs
Capitalized software development costs	`CapitalizedSoftwareDevelopment`	-	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.01M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.11M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.01M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.84M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$2.90M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$2.66M	USD	2 Qtrs
Short-term bank debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$2.74M	USD	2 Qtrs
Short-term bank debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$2.33M	USD	2 Qtrs
Purchase of treasury stock upon vesting of restricted stock	`PurchaseOfTreasuryStockUponVestingOfRestrictedStock`	$186.00K	USD	2 Qtrs
Purchase of treasury stock upon vesting of restricted stock	`PurchaseOfTreasuryStockUponVestingOfRestrictedStock`	$48.00K	USD	2 Qtrs
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.13M	USD	2 Qtrs
Payment of preferred stock dividend	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$36.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-753.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.06M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-3.28M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.07M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.75M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.05M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$17.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$18.01M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$17.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$18.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.45M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.45M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$308.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00K	USD	Point-in-time
Taxes	`IncomeTaxesPaidNet`	$106.00K	USD	2 Qtrs
Taxes	`IncomeTaxesPaidNet`	$48.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$639.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$621.00K	USD	2 Qtrs
Value of warrant issued in connection with Movingdots acquisition	`ValueOfWarrantIssuedInConnectionWithMovingdotsAcquisition`	-	USD	2 Qtrs
Value of warrant issued in connection with Movingdots acquisition	`ValueOfWarrantIssuedInConnectionWithMovingdotsAcquisition`	$1.35M	USD	2 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$92.20M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$82.81M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.62M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$87.19M	USD	Point-in-time
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.33M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.27M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.12M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.46M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.49M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-780.00K	USD	2 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00K	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00K	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00K	USD	2 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00K	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.00K	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$268.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$103.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.72M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$91.00K	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
Shares withheld pursuant to vesting of restricted stock	`StockIssuedDuringPeriodValueSharesWithheldPursuantToExerciseOfStockOptions`	$-4.00K	USD	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`StockIssuedDuringPeriodValueSharesWithheldPursuantToExerciseOfStockOptions`	$-181.00K	USD	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`StockIssuedDuringPeriodValueSharesWithheldPursuantToExerciseOfStockOptions`	$-5.00K	USD	1 Quarter
Shares withheld pursuant to vesting of restricted stock	`StockIssuedDuringPeriodValueSharesWithheldPursuantToExerciseOfStockOptions`	$-44.00K	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$852.00K	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$457.00K	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$832.00K	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.63M	USD	1 Quarter
Warrant issuance in connection with acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$1.35M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$36.00K	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$92.20M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$82.81M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$88.62M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$85.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$87.19M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.33M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.27M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.12M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.46M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.49M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-780.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrenciesTransactionAndTranslationAdjustmentNetOfTax`	$-1.71M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrenciesTransactionAndTranslationAdjustmentNetOfTax`	$100.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrenciesTransactionAndTranslationAdjustmentNetOfTax`	$-1.45M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrenciesTransactionAndTranslationAdjustmentNetOfTax`	$212.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.45M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.71M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$212.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$100.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.17M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-568.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-6.91M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.04M	USD	1 Quarter

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