10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-20-043148 |
| Period End Date | 20200731 |
| Filing Date | 20200910 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | aout-10q_20200731_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for credit losses |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$334.00K | USD | Point-in-time |
| Allowance for credit losses |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$448.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$234.00K | USD | Point-in-time |
| Accounts receivable, net of allowance for credit losses of $334 on July 31, 2020 and $448 on April 30, 2020 |
AccountsReceivableNetCurrent
|
$41.99M | USD | Point-in-time |
| Accounts receivable, net of allowance for credit losses of $334 on July 31, 2020 and $448 on April 30, 2020 |
AccountsReceivableNetCurrent
|
$35.10M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$60.00M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$69.59M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.47M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.24M | USD | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$136.00K | USD | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$104.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$115.19M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$98.68M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$9.68M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$9.99M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$65.41M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$69.15M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$64.31M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$64.31M | USD | Point-in-time |
| Right of use assets |
OperatingLeaseRightOfUseAsset
|
$2.77M | USD | Point-in-time |
| Right of use assets |
OperatingLeaseRightOfUseAsset
|
$2.26M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$3.58M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$3.58M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$19.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$242.00K | USD | Point-in-time |
| Total assets |
Assets
|
$260.78M | USD | Point-in-time |
| Total assets |
Assets
|
$248.41M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$15.11M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$8.94M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$7.66M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$10.99M | USD | Point-in-time |
| Accrued payroll and incentives |
EmployeeRelatedLiabilitiesCurrent
|
$3.25M | USD | Point-in-time |
| Accrued payroll and incentives |
EmployeeRelatedLiabilitiesCurrent
|
$3.31M | USD | Point-in-time |
| Lease liabilities, current |
OperatingLeaseLiabilityCurrent
|
$1.26M | USD | Point-in-time |
| Lease liabilities, current |
OperatingLeaseLiabilityCurrent
|
$1.32M | USD | Point-in-time |
| Accrued profit sharing |
DeferredCompensationCashBasedArrangementsLiabilityCurrent
|
$275.00K | USD | Point-in-time |
| Accrued profit sharing |
DeferredCompensationCashBasedArrangementsLiabilityCurrent
|
$217.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$21.38M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$30.95M | USD | Point-in-time |
| Lease liabilities, net of current portion |
OperatingLeaseLiabilityNoncurrent
|
$2.83M | USD | Point-in-time |
| Lease liabilities, net of current portion |
OperatingLeaseLiabilityNoncurrent
|
$2.30M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$183.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$106.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$33.44M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$24.32M | USD | Point-in-time |
| Commitments and contingencies (Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Parent company investment |
ParentCompanyInvestment
|
$227.34M | USD | Point-in-time |
| Parent company investment |
ParentCompanyInvestment
|
$224.10M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$321.67M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$224.10M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$227.34M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$324.61M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$260.78M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$248.41M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales (including $1.5 million and $4.1 million of related party sales for the three months ended July 31, 2020 and 2019, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$50.47M | USD | 1 Quarter |
| Net sales (including $1.5 million and $4.1 million of related party sales for the three months ended July 31, 2020 and 2019, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$33.22M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$26.74M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$19.55M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$13.67M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$23.73M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$1.23M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$1.33M | USD | 1 Quarter |
| Selling, marketing, and distribution |
SellingAndMarketingExpense
|
$10.54M | USD | 1 Quarter |
| Selling, marketing, and distribution |
SellingAndMarketingExpense
|
$7.72M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$9.49M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$11.84M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$21.27M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$20.89M | USD | 1 Quarter |
| Operating income/(loss) |
OperatingIncomeLoss
|
$-7.22M | USD | 1 Quarter |
| Operating income/(loss) |
OperatingIncomeLoss
|
$2.46M | USD | 1 Quarter |
| Other income/(expense), net |
OtherNonoperatingIncomeExpense
|
$84.00K | USD | 1 Quarter |
| Other income/(expense), net |
OtherNonoperatingIncomeExpense
|
$-2.00K | USD | 1 Quarter |
| Related party interest income, net |
InterestIncomeRelatedParty
|
$336.00K | USD | 1 Quarter |
| Related party interest income, net |
InterestIncomeRelatedParty
|
$939.00K | USD | 1 Quarter |
| Total other (expense)/income, net |
NonoperatingIncomeExpense
|
$420.00K | USD | 1 Quarter |
| Total other (expense)/income, net |
NonoperatingIncomeExpense
|
$937.00K | USD | 1 Quarter |
| Income/(loss) from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.88M | USD | 1 Quarter |
| Income/(loss) from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-6.28M | USD | 1 Quarter |
| Income tax expense/(benefit) |
IncomeTaxExpenseBenefit
|
$1.09M | USD | 1 Quarter |
| Income tax expense/(benefit) |
IncomeTaxExpenseBenefit
|
$-1.30M | USD | 1 Quarter |
| Net income/(loss)/comprehensive income/(loss) |
NetIncomeLoss
|
$1.79M | USD | 1 Quarter |
| Net income/(loss)/comprehensive income/(loss) |
NetIncomeLoss
|
$-4.98M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.13 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.36 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.13 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.36 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
13.97M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
13.97M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
13.97M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
13.97M | shares | 1 Quarter |
Cash Flow Statement
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income/(loss) |
ProfitLoss
|
$-4.98M | USD | 1 Quarter |
| Net income/(loss) |
ProfitLoss
|
$1.79M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.98M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.39M | USD | 1 Quarter |
| Provision for losses on notes and accounts receivable |
ProvisionsForLossOnNotesAndAccountsReceivable
|
$97.00K | USD | 1 Quarter |
| Provision for losses on notes and accounts receivable |
ProvisionsForLossOnNotesAndAccountsReceivable
|
$922.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$298.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$314.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$6.99M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-3.54M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$9.59M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$5.63M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$227.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$710.00K | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInIncomeTaxes
|
$-57.00K | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInIncomeTaxes
|
$-32.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$150.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$6.17M | USD | 1 Quarter |
| Accrued payroll and incentives |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-1.72M | USD | 1 Quarter |
| Accrued payroll and incentives |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$66.00K | USD | 1 Quarter |
| Right of use assets |
IncreaseDecreaseInRightOfUseAssets
|
$-232.00K | USD | 1 Quarter |
| Right of use assets |
IncreaseDecreaseInRightOfUseAssets
|
$-168.00K | USD | 1 Quarter |
| Accrued profit sharing |
IncreaseDecreaseInAccruedProfitSharing
|
$62.00K | USD | 1 Quarter |
| Accrued profit sharing |
IncreaseDecreaseInAccruedProfitSharing
|
$58.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$3.34M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$972.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-223.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$15.00K | USD | 1 Quarter |
| Lease liabilities |
IncreaseDecreaseInLeaseLiability
|
$-322.00K | USD | 1 Quarter |
| Lease liabilities |
IncreaseDecreaseInLeaseLiability
|
$-180.00K | USD | 1 Quarter |
| Other non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-73.00K | USD | 1 Quarter |
| Other non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$77.00K | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.26M | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$564.00K | USD | 1 Quarter |
| Payments to acquire patents and software |
PaymentsToAcquireIntangibleAssets
|
$38.00K | USD | 1 Quarter |
| Payments to acquire patents and software |
PaymentsToAcquireIntangibleAssets
|
$105.00K | USD | 1 Quarter |
| Payments to acquire property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$433.00K | USD | 1 Quarter |
| Payments to acquire property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$879.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-984.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-471.00K | USD | 1 Quarter |
| Net transfers from Parent |
TransfersFromToParentNet
|
$186.00K | USD | 1 Quarter |
| Net transfers from Parent |
TransfersFromToParentNet
|
$1.75M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.75M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$186.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$25.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-234.00K | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$234.00K | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$187.00K | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$162.00K | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$234.00K | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$187.00K | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$162.00K | USD | Point-in-time |
| Purchases of property and equipment included in accounts payable |
PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable
|
$65.00K | USD | 1 Quarter |
| Changes in right of use assets for operating lease obligations |
ChangesInRightOfUseAssetsForOperatingLeaseObligations
|
$3.37M | USD | 1 Quarter |
| Changes in lease liabilities for operating lease obligations |
ChangesInLeaseLiabilitiesForOperatingLeasesObligations
|
$4.45M | USD | 1 Quarter |
Stockholders Equity
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$321.67M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$224.10M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$227.34M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$324.61M | USD | Point-in-time |
| Net income (loss) |
NetIncomeLoss
|
$1.79M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-4.98M | USD | 1 Quarter |
| Net transfers from Parent |
NetTransfersFromParent
|
$2.04M | USD | 1 Quarter |
| Net transfers from Parent |
NetTransfersFromParent
|
$1.46M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$321.67M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$224.10M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$227.34M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$324.61M | USD | Point-in-time |
Comprehensive Income
2 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Related party sales |
RevenueFromRelatedParties
|
$1.50M | USD | 1 Quarter |
| Related party sales |
RevenueFromRelatedParties
|
$4.10M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.