10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001628280-17-010741`
Period End Date	20170930
Filing Date	20171103
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	erii-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 76 Cash Flow Statement 80 Comprehensive Income 20

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$96.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$130.00K	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$23.35M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$21.39M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.25M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.36M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.91M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.30M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$72.24M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$39.07M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $96 and $130 at September 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNetCurrent`	$11.93M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $96 and $130 at September 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNetCurrent`	$11.76M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$573.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$190.00K	USD	Point-in-time
Cost and estimated earnings in excess of billings	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$4.45M	USD	Point-in-time
Cost and estimated earnings in excess of billings	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$1.82M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.88M	shares	Point-in-time
Inventories	`InventoryNet`	$6.28M	USD	Point-in-time
Inventories	`InventoryNet`	$4.55M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	57.86M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.59M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.16M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.66M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.31M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	3.72M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$119.30M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	4.26M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$122.37M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.09M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$182.00K	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$1.71M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$1.27M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $23,352 and $21,385 at September 30, 2017 and December 31, 2016, respectively	`PropertyPlantAndEquipmentNet`	$13.63M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $23,352 and $21,385 at September 30, 2017 and December 31, 2016, respectively	`PropertyPlantAndEquipmentNet`	$8.64M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.90M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.43M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$2.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$4.00K	USD	Point-in-time
Total assets	`Assets`	$149.04M	USD	Point-in-time
Total assets	`Assets`	$149.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.34M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$7.66M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$9.02M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$142.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$16.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$374.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$411.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$461.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$394.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$314.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$406.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.20M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.23M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.16M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$19.00K	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$27.00K	USD	Point-in-time
Deferred tax liabilities, non-current	`DeferredIncomeTaxLiabilitiesNet`	$2.43M	USD	Point-in-time
Deferred tax liabilities, non-current	`DeferredIncomeTaxLiabilitiesNet`	$2.23M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$60.22M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$63.96M	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$554.00K	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$411.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$83.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$80.77M	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 57,855,263 shares issued and 53,592,430 shares outstanding at September 30, 2017, and 56,884,207 shares issued and 53,162,551, shares outstanding at December 31, 2016	`CommonStockValue`	$57.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 57,855,263 shares issued and 53,592,430 shares outstanding at September 30, 2017, and 56,884,207 shares issued and 53,162,551, shares outstanding at December 31, 2016	`CommonStockValue`	$58.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$146.32M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$139.68M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-118.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-77.00K	USD	Point-in-time
Treasury stock, at cost, 4,262,833 repurchased at September 30, 2017 and 3,721,656 repurchased at December 31, 2016	`TreasuryStockValue`	$20.49M	USD	Point-in-time
Treasury stock, at cost, 4,262,833 repurchased at September 30, 2017 and 3,721,656 repurchased at December 31, 2016	`TreasuryStockValue`	$16.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-57.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-58.27M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$68.27M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$65.13M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$149.04M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$149.06M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueNet`	$33.05M	USD	3 Qtrs
Product revenue	`SalesRevenueNet`	$11.02M	USD	1 Quarter
Product revenue	`SalesRevenueNet`	$37.02M	USD	3 Qtrs
Product revenue	`SalesRevenueNet`	$13.83M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$4.25M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$11.88M	USD	3 Qtrs
Product cost of revenue	`CostOfRevenue`	$3.97M	USD	1 Quarter
Product cost of revenue	`CostOfRevenue`	$12.39M	USD	3 Qtrs
Product gross profit	`GrossProfit`	$24.62M	USD	3 Qtrs
Product gross profit	`GrossProfit`	$9.58M	USD	1 Quarter
Product gross profit	`GrossProfit`	$21.17M	USD	3 Qtrs
Product gross profit	`GrossProfit`	$7.06M	USD	1 Quarter
License and development revenue	`LicensesRevenue`	$1.25M	USD	1 Quarter
License and development revenue	`LicensesRevenue`	$1.25M	USD	1 Quarter
License and development revenue	`LicensesRevenue`	$3.75M	USD	3 Qtrs
License and development revenue	`LicensesRevenue`	$3.75M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.97M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.37M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.85M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$6.52M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$6.69M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$2.51M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$2.06M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.04M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.41M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$8.62M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.32M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$158.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$157.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$473.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$473.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$8.96M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$28.15M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$9.29M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$27.24M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$219.00K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-2.32M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-654.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$1.54M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.00K	USD	3 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$462.00K	USD	3 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$137.00K	USD	3 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$79.00K	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$233.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-576.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.77M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.19M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$679.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-99.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-46.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$66.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$3.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.71M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-579.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.09M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$725.00K	USD	3 Qtrs
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	3 Qtrs
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	3 Qtrs
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	3 Qtrs
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	3 Qtrs
Shares used in basic per share calculation (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.58M	shares	1 Quarter
Shares used in basic per share calculation (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.11M	shares	1 Quarter
Shares used in basic per share calculation (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.23M	shares	3 Qtrs
Shares used in basic per share calculation (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.72M	shares	3 Qtrs
Shares used in diluted per share calculation (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.57M	shares	3 Qtrs
Shares used in diluted per share calculation (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.11M	shares	1 Quarter
Shares used in diluted per share calculation (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.23M	shares	3 Qtrs
Shares used in diluted per share calculation (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.14M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$1.71M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-579.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.09M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$725.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.64M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.14M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.70M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.77M	USD	3 Qtrs
Amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-379.00K	USD	3 Qtrs
Amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-94.00K	USD	3 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$134.00K	USD	3 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$145.00K	USD	3 Qtrs
Unrealized loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-69.00K	USD	3 Qtrs
Unrealized loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-65.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$16.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$68.00K	USD	3 Qtrs
Change in fair value of put options	`UnrealizedGainLossOnDerivatives`	$-33.00K	USD	3 Qtrs
Change in fair value of put options	`UnrealizedGainLossOnDerivatives`	-	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$120.00K	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$145.00K	USD	3 Qtrs
Valuation adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$175.00K	USD	3 Qtrs
Valuation adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$230.00K	USD	3 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$237.00K	USD	3 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$201.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-244.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-270.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.83M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-69.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$126.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$135.00K	USD	3 Qtrs
Deferred revenue, product	`IncreaseDecreaseInDeferredRevenue`	$557.00K	USD	3 Qtrs
Deferred revenue, product	`IncreaseDecreaseInDeferredRevenue`	$81.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$186.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.33M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$598.00K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$350.00K	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivables`	$383.00K	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivables`	$-971.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-839.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.50M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.60M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.73M	USD	3 Qtrs
Cost and estimated earnings in excess of billings	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$2.63M	USD	3 Qtrs
Cost and estimated earnings in excess of billings	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$440.00K	USD	3 Qtrs
Deferred revenue, license and development	`IncreaseDecreaseInDeferredRevenueLicenseAndDevelopment`	$-3.75M	USD	3 Qtrs
Deferred revenue, license and development	`IncreaseDecreaseInDeferredRevenueLicenseAndDevelopment`	$-3.75M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.17M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.33M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$30.98M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.00M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$15.00K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.29M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.84M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$900.00K	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$64.53M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$15.91M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-39.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-15.83M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.72M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.71M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$7.00K	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$8.00K	USD	3 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$228.00K	USD	3 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.28M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$9.38M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-790.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-5.67M	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-66.00K	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-55.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-19.24M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-42.12M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.25M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$80.69M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$61.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$99.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.25M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$80.69M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$61.36M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.71M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-579.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.09M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$725.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$48.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00K	USD	1 Quarter
Unrealized (loss) income on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.00K	USD	1 Quarter
Unrealized (loss) income on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.00K	USD	3 Qtrs
Unrealized (loss) income on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.00K	USD	3 Qtrs
Unrealized (loss) income on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$41.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-569.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.72M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$766.00K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.12M	USD	3 Qtrs

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