Turtle Beach Corporation(NASDAQ:HEAR) 
Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand....
Website: http://corp.turtlebeach.com
Founded: 1975
Full Time Employees: 213
Sector: Technology
Industry: Consumer Electronics
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2012-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net revenue | 42,172,000 | 118,779,000 | 80,457,000 | 56,777,000 | 63,901,000 | 146,077,000 | 94,363,000 | 76,478,000 | 55,848,000 | 99,538,000 | 59,158,000 | 47,982,000 | 51,444,000 | 100,900,000 | 51,304,000 | 41,300,000 | 46,662,000 | 109,430,000 | 85,307,000 | 78,564,000 | 93,053,000 | 132,912,000 | 112,494,000 | 79,680,000 | 35,007,000 | 101,764,000 | 46,723,000 | 41,330,000 | 44,846,000 | 111,319,000 | 74,427,000 | 60,805,000 | 40,886,000 | 79,696,000 | 35,975,000 | 19,112,000 | 14,352,000 | 82,204,000 | 38,384,000 | 29,362,000 | 24,028,000 | 84,559,000 | 35,887,000 | 22,612,000 | 19,689,000 | 92,267,000 | 33,325,000 | 22,296,000 | 29,533,000 | |||
cost of revenue | 30,878,000 | 71,183,000 | 50,399,000 | 38,515,000 | 40,534,000 | 92,088,000 | 60,232,000 | 53,402,000 | 38,062,000 | 67,734,000 | 41,469,000 | 36,110,000 | 37,305,000 | 80,882,000 | 44,046,000 | 33,418,000 | 32,633,000 | 73,885,000 | 56,034,000 | 49,854,000 | 58,198,000 | 85,272,000 | 66,358,000 | 50,453,000 | 24,222,000 | 66,052,000 | 31,680,000 | 28,159,000 | 30,059,000 | 68,428,000 | 43,925,000 | 40,528,000 | 25,857,000 | 49,748,000 | 23,437,000 | 12,811,000 | 12,136,000 | 51,996,000 | 34,457,000 | 24,249,000 | 20,666,000 | 59,950,000 | 26,323,000 | 19,210,000 | 16,573,000 | 66,456,000 | 25,576,000 | 17,465,000 | 20,908,000 | |||
gross profit | 11,294,000 | 47,596,000 | 30,058,000 | 18,262,000 | 23,367,000 | 53,989,000 | 34,131,000 | 23,076,000 | 17,786,000 | 31,804,000 | 17,689,000 | 11,872,000 | 14,139,000 | 20,018,000 | 7,258,000 | 7,882,000 | 14,029,000 | 35,545,000 | 29,273,000 | 28,710,000 | 34,855,000 | 47,640,000 | 46,136,000 | 29,227,000 | 10,785,000 | 35,712,000 | 15,043,000 | 13,171,000 | 14,787,000 | 42,891,000 | 30,502,000 | 20,277,000 | 15,029,000 | 29,948,000 | 12,538,000 | 6,301,000 | 2,216,000 | 30,208,000 | 3,927,000 | 5,113,000 | 3,362,000 | 24,609,000 | 9,564,000 | 3,402,000 | 3,116,000 | 25,811,000 | 7,749,000 | 4,831,000 | 8,625,000 | 38,337 | 101,457 | 54,618 |
yoy | -51.67% | -11.84% | -11.93% | -20.86% | 31.38% | 69.76% | 92.95% | 94.37% | 25.79% | 58.88% | 143.72% | 50.62% | 0.78% | -43.68% | -75.21% | -72.55% | -59.75% | -25.39% | -36.55% | -1.77% | 223.18% | 33.40% | 206.69% | 121.90% | -27.06% | -16.74% | -50.68% | -35.04% | -1.61% | 43.22% | 143.28% | 221.81% | 578.20% | -0.86% | 219.28% | 23.23% | -34.09% | 22.75% | -58.94% | 50.29% | 7.89% | -4.66% | 23.42% | -29.58% | -63.87% | 67226.60% | 7537.72% | 8745.07% | ||||
qoq | -76.27% | 58.35% | 64.59% | -21.85% | -56.72% | 58.18% | 47.91% | 29.74% | -44.08% | 79.80% | 49.00% | -16.03% | -29.37% | 175.81% | -7.92% | -43.82% | -60.53% | 21.43% | 1.96% | -17.63% | -26.84% | 3.26% | 57.85% | 171.00% | -69.80% | 137.40% | 14.21% | -10.93% | -65.52% | 40.62% | 50.43% | 34.92% | -49.82% | 138.86% | 98.98% | 184.34% | -92.66% | 669.24% | -23.20% | 52.08% | -86.34% | 157.31% | 181.13% | 9.18% | -87.93% | 233.09% | 60.40% | -43.99% | 22397.85% | -62.21% | 85.76% | |
gross margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | 44.06% | 47.89% | 50.26% |
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
selling and marketing | 12,260,000 | 14,788,000 | 12,513,000 | 12,731,000 | 12,453,000 | 16,140,000 | 13,535,000 | 13,741,000 | 9,013,000 | 13,032,000 | 10,583,000 | 10,351,000 | 9,523,000 | 14,124,000 | 10,550,000 | 11,587,000 | 10,829,000 | 17,359,000 | 14,301,000 | 15,678,000 | 11,545,000 | 17,715,000 | 11,857,000 | 9,559,000 | 7,648,000 | 14,053,000 | 10,150,000 | 7,550,000 | 6,881,000 | 11,125,000 | 8,517,000 | 6,818,000 | 5,929,000 | 8,821,000 | 5,586,000 | 5,529,000 | 4,449,000 | 8,835,000 | 7,016,000 | 7,121,000 | 5,600,000 | 9,980,000 | 7,142,000 | 6,961,000 | 7,746,000 | 10,782,000 | 7,962,000 | 7,698,000 | 5,706,000 | |||
research and development | 4,574,000 | 4,261,000 | 4,161,000 | 4,471,000 | 3,993,000 | 4,502,000 | 4,311,000 | 4,589,000 | 3,902,000 | 4,467,000 | 4,380,000 | 4,189,000 | 4,101,000 | 4,335,000 | 4,400,000 | 5,136,000 | 5,252,000 | 4,561,000 | 4,520,000 | 4,416,000 | 3,993,000 | 3,577,000 | 3,260,000 | 3,001,000 | 2,427,000 | 2,468,000 | 2,198,000 | 1,734,000 | 1,456,000 | 1,555,000 | 1,400,000 | 1,327,000 | 1,329,000 | 1,164,000 | 1,336,000 | 1,697,000 | 1,390,000 | 1,558,000 | 2,637,000 | 2,040,000 | 2,024,000 | 2,915,000 | 2,963,000 | 2,824,000 | 2,854,000 | 2,534,000 | 2,797,000 | 2,071,000 | 887,000 | 515,484 | 560,927 | 391,853 |
general and administrative | 8,521,000 | 7,263,000 | 7,541,000 | 7,354,000 | 8,216,000 | 8,899,000 | 6,352,000 | 7,463,000 | 5,674,000 | 5,946,000 | 5,243,000 | 13,125,000 | 7,007,000 | 7,785,000 | 6,006,000 | 12,532,000 | 6,235,000 | 7,407,000 | 8,962,000 | 8,173,000 | 7,037,000 | 6,345,000 | 6,799,000 | 6,710,000 | 5,723,000 | 5,739,000 | 5,214,000 | 6,194,000 | 4,649,000 | 4,747,000 | 4,063,000 | 3,863,000 | 3,985,000 | 3,960,000 | 3,499,000 | 4,070,000 | 4,171,000 | 4,419,000 | 4,591,000 | 5,287,000 | 5,283,000 | 5,360,000 | 5,393,000 | 5,991,000 | 4,740,000 | 4,577,000 | 4,311,000 | 4,698,000 | 2,370,000 | |||
insurance recovery | -5,965,000 | -3,439,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition-related cost | 271,000 | 476,000 | 608,000 | 2,453,500 | 3,510,000 | 1,394,000 | 4,910,000 | |||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 25,355,000 | 26,652,000 | 24,691,000 | 18,591,000 | 21,831,000 | 30,559,000 | 27,708,000 | 27,187,000 | 23,499,000 | 23,445,000 | 20,206,000 | 27,665,000 | 20,631,000 | 28,140,000 | 20,956,000 | 29,255,000 | 22,316,000 | 29,327,000 | 27,783,000 | 28,267,000 | 22,575,000 | 27,637,000 | 21,916,000 | 19,270,000 | 15,798,000 | 22,260,000 | 17,562,000 | 15,478,000 | 12,986,000 | 17,427,000 | 13,980,000 | 12,008,000 | 11,243,000 | 13,969,000 | 10,662,000 | 11,266,000 | 10,308,000 | 14,912,000 | 46,667,000 | 45,600,000 | 13,132,000 | 68,140,000 | 15,325,000 | 15,960,000 | 15,665,000 | 18,640,000 | 15,070,000 | 13,983,000 | 8,963,000 | 2,606,603 | 1,992,162 | 1,308,450 |
operating income | -14,061,000 | 20,944,000 | 5,367,000 | -329,000 | 1,536,000 | 23,430,000 | 6,423,000 | -4,111,000 | -5,713,000 | 8,359,000 | -2,517,000 | -15,793,000 | -6,492,000 | -8,122,000 | -13,698,000 | -21,373,000 | -8,287,000 | 6,218,000 | 1,490,000 | 443,000 | 12,280,000 | 20,003,000 | 24,220,000 | 9,957,000 | -5,013,000 | 13,452,000 | -2,519,000 | -2,307,000 | 1,801,000 | 25,464,000 | 16,522,000 | 8,269,000 | 3,786,000 | 15,979,000 | 1,876,000 | -4,965,000 | -8,092,000 | 15,296,000 | -42,740,000 | -40,487,000 | -9,770,000 | -43,531,000 | -5,761,000 | -12,558,000 | -12,549,000 | 7,171,000 | -7,321,000 | -9,152,000 | -338,000 | |||
yoy | -1015.43% | -10.61% | -16.44% | -92.00% | -126.89% | 180.30% | -355.18% | -73.97% | -12.00% | -202.92% | -81.63% | -26.11% | -21.66% | -230.62% | -1019.33% | -4924.60% | -167.48% | -68.91% | -93.85% | -95.55% | -344.96% | 48.70% | -1061.49% | -531.60% | -378.35% | -47.17% | -115.25% | -127.90% | -52.43% | 59.36% | 780.70% | -266.55% | -146.79% | 4.47% | -104.39% | -87.74% | -17.18% | -135.14% | 641.89% | 222.40% | -22.15% | -707.04% | -21.31% | 37.22% | 3612.72% | |||||||
qoq | -167.14% | 290.24% | -1731.31% | -121.42% | -93.44% | 264.78% | -256.24% | -28.04% | -168.35% | -432.10% | -84.06% | 143.27% | -20.07% | -40.71% | -35.91% | 157.91% | -233.27% | 317.32% | 236.34% | -96.39% | -38.61% | -17.41% | 143.25% | -298.62% | -137.27% | -634.02% | 9.19% | -228.10% | -92.93% | 54.12% | 99.81% | 118.41% | -76.31% | 751.76% | -137.78% | -38.64% | -152.90% | -135.79% | 5.56% | 314.40% | -77.56% | 655.62% | -54.12% | 0.07% | -275.00% | -197.95% | -20.01% | 2607.69% | ||||
operating margin % | -Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | 0% | 0% | 0% |
interest expense | 1,369,000 | 1,998,000 | 3,718,000 | 2,049,000 | 2,006,000 | 2,986,000 | 2,712,000 | 2,220,000 | 150,000 | 251,000 | 107,000 | -17,000 | 163,000 | 577,000 | 450,000 | 84,000 | 109,000 | 112,000 | 101,000 | 73,000 | 97,000 | 112,000 | 103,000 | 83,000 | 169,000 | 334,000 | 240,000 | 111,000 | 244,000 | 979,000 | 1,093,000 | 1,258,000 | 2,005,000 | 2,199,000 | 2,042,000 | 1,835,000 | 1,840,000 | 2,116,000 | 1,866,000 | 1,686,000 | 1,779,000 | 1,941,000 | 1,540,000 | 834,000 | 784,000 | 1,048,000 | 866,000 | 1,055,000 | 1,314,000 | -1,621 | -1,728 | |
other expense | -101,000 | 165,000 | -322,000 | 799,000 | 389,000 | |||||||||||||||||||||||||||||||||||||||||||||||
loss before income tax | -15,329,000 | -3,177,000 | -773,000 | -6,683,000 | -6,233,000 | -6,463,500 | -3,105,000 | -15,974,000 | -6,775,000 | |||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -123,000 | -109,000 | -6,388,000 | -54,000 | -70,000 | -304,000 | 677,000 | 8,232,000 | -3,148,000 | -3,368,000 | 3,278,000 | -2,883,000 | -835,000 | |||||||||||||||||||||||||||||||||||||||
net income | -15,206,000 | 17,609,000 | 1,717,000 | -2,931,000 | -664,000 | 20,139,000 | 3,413,000 | -7,524,000 | 155,000 | 8,552,000 | -3,606,000 | -15,920,000 | -6,705,000 | -23,233,000 | -12,011,000 | -17,826,000 | -6,476,000 | 4,539,000 | 2,623,000 | 1,721,000 | 8,838,000 | 16,303,000 | 17,794,000 | 8,204,000 | -3,555,000 | 20,386,000 | -3,124,000 | -2,373,000 | 3,055,000 | 16,204,000 | 14,723,000 | 6,301,000 | 1,962,000 | 14,231,000 | -492,000 | -7,061,000 | -9,926,000 | 12,201,000 | -44,799,000 | -42,573,000 | -12,011,000 | -46,536,000 | -15,880,000 | -9,898,000 | -10,593,000 | 2,360,000 | -5,638,000 | -9,302,000 | -2,304,000 | -2,571,019 | -1,891,750 | -1,252,120 |
yoy | 2190.06% | -12.56% | -49.69% | -61.04% | -528.39% | 135.49% | -194.65% | -52.74% | -102.31% | -136.81% | -69.98% | -10.69% | 3.54% | -611.85% | -557.91% | -1135.79% | -173.27% | -72.16% | -85.26% | -79.02% | -348.61% | -20.03% | -669.59% | -445.72% | -216.37% | 25.81% | -121.22% | -137.66% | 55.71% | 13.86% | -3092.48% | -189.24% | -119.77% | 16.64% | -98.90% | -83.41% | -17.36% | -126.22% | 182.11% | 330.12% | 13.39% | -2071.86% | 181.66% | 6.41% | 359.77% | -191.79% | 198.03% | 642.90% | ||||
qoq | -186.35% | 925.57% | -158.58% | 341.42% | -103.30% | 490.07% | -145.36% | -4954.19% | -98.19% | -337.16% | -77.35% | 137.43% | -71.14% | 93.43% | -32.62% | 175.26% | -242.67% | 73.05% | 52.41% | -80.53% | -45.79% | -8.38% | 116.89% | -330.77% | -117.44% | -752.56% | 31.65% | -177.68% | -81.15% | 10.06% | 133.66% | 221.15% | -86.21% | -2992.48% | -93.03% | -28.86% | -181.35% | -127.23% | 5.23% | 254.45% | -74.19% | 193.05% | 60.44% | -6.56% | -548.86% | -141.86% | -39.39% | 303.73% | -10.39% | 35.91% | 51.08% | |
net income margin % | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -2955.06% | -893.01% | -1152.18% |
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.78 | 0.87 | 0.09 | -0.14 | -0.03 | 1.01 | 0.17 | -0.35 | 0.01 | 0.51 | -0.21 | -0.93 | -0.4 | -1.41 | -0.73 | -1.08 | -0.4 | 0.28 | 0.16 | 0.11 | 0.57 | 1.09 | 1.2 | 0.56 | -0.25 | 1.41 | -0.22 | -0.16 | 0.21 | 0.433 | 1.05 | 0.47 | 0.16 | 0.28 | -0.01 | -0.14 | -0.2 | 0.26 | -0.91 | -0.86 | -0.26 | -1.1 | -0.38 | -0.23 | -0.25 | -0.115 | -0.13 | -0.23 | -0.18 | |||
diluted | -0.78 | 0.86 | 0.08 | -0.14 | -0.03 | 0.98 | 0.16 | -0.35 | 0.01 | 0.51 | -0.21 | -0.93 | -0.4 | -1.41 | -0.73 | -1.08 | -0.4 | 0.25 | 0.14 | 0.09 | 0.49 | 0.96 | 1.04 | 0.51 | -0.25 | 1.21 | -0.22 | -0.16 | 0.09 | 0.39 | 0.91 | 0.4 | 0.16 | 0.28 | -0.01 | -0.14 | -0.2 | 0.26 | -0.91 | -0.86 | -0.26 | -1.1 | -0.38 | -0.23 | -0.25 | -0.115 | -0.13 | -0.23 | -0.18 | |||
weighted-average number of shares: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 19,498 | 20,263 | 20,073 | 20,667 | 20,506 | 20,022 | 20,553 | 21,252 | 18,321 | 17,135 | 17,345 | 17,156 | 16,578 | 16,450 | 16,541 | 16,500 | 16,194 | 15,915 | 16,079 | 15,920 | 15,551 | 14,801 | 14,845 | 14,581 | 14,495 | 14,483 | 14,506 | 14,586 | 14,336 | 13,512 | 14,019 | 13,401 | 12,347 | 49,343 | 49,386 | 49,346 | 49,251 | 48,592 | 49,230 | 49,230 | 46,624 | 42,269 | 42,325 | 42,188 | 42,039 | 39,665 | 41,962 | 40,827 | 12,700 | |||
diluted | 19,498 | 20,456 | 20,406 | 20,667 | 20,506 | 20,832 | 21,501 | 21,252 | 19,389 | 17,135 | 17,345 | 17,156 | 16,578 | 16,450 | 16,541 | 16,500 | 16,194 | 18,251 | 18,335 | 18,329 | 18,076 | 16,365 | 17,154 | 16,229 | 14,495 | 15,688 | 14,506 | 14,586 | 16,260 | 14,289 | 16,229 | 15,644 | 12,369 | 49,343 | 49,386 | 49,346 | 49,251 | 48,592 | 49,230 | 49,230 | 46,624 | 42,269 | 42,325 | 42,188 | 42,039 | 39,665 | 41,962 | 40,827 | 12,700 | |||
income before income tax | 18,781,000 | 1,971,000 | 20,129,000 | 3,459,000 | -6,369,000 | -16,403,000 | -22,566,000 | -9,115,000 | 7,306,000 | 804,000 | 435,000 | 11,604,000 | 22,128,000 | 24,218,000 | 11,490,000 | -5,379,000 | 13,897,000 | -3,061,000 | -2,348,000 | 3,219,000 | 5,937,000 | 15,121,000 | 6,601,000 | 2,026,000 | ||||||||||||||||||||||||||||
income tax expense | 1,172,000 | 254,000 | -246,000 | -10,000 | 46,000 | 841,000 | -39,000 | 501,000 | 16,864,000 | -4,392,000 | -4,740,000 | -2,639,000 | 2,767,000 | -1,819,000 | -1,286,000 | 2,766,000 | 5,825,000 | 6,424,000 | 3,286,000 | -1,824,000 | -6,489,000 | 63,000 | 25,000 | 164,000 | 975,000 | 398,000 | 300,000 | 64,000 | -505,000 | 578,000 | 475,000 | 45,000 | -47,000 | -133,000 | 97,000 | |||||||||||||||||
other non-operating expense | 303,000 | 315,000 | 252,000 | 352,000 | 370,000 | -405,000 | 481,000 | 198,000 | 120,000 | -2,330,000 | 2,255,000 | 1,109,000 | 719,000 | -1,200,000 | 585,000 | -65,000 | 579,000 | -2,237,000 | -101,000 | -1,616,000 | 197,000 | -779,000 | 302,000 | -70,000 | -1,662,000 | 7,306,000 | 308,000 | 410,000 | -245,000 | 54,000 | -252,000 | -214,000 | -51,000 | 1,026,000 | 326,000 | 704,000 | 365,000 | 387,000 | 347,000 | 485,000 | 334,000 | |||||||||||
restructuring charges | 24,000 | 241,000 | -30,000 | 298,000 | 100,000 | 339,000 | 225,000 | 63,000 | -173,000 | 184,000 | 325,000 | |||||||||||||||||||||||||||||||||||||||||
goodwill and intangible asset impairment | 15,809,000 | 32,084,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
earnings before income tax | -4,095,250 | 86,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
loss before income tax expense | -6,586,000 | -9,881,000 | 12,154,000 | -44,932,000 | -11,914,000 | |||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 31,152,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss before income tax benefit | -42,877,000 | -6,849,000 | -8,521,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
business transaction costs | -484,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | -45,859,000 | -7,648,000 | -13,046,000 | -13,961,000 | -10,137,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other non-operating income | -346,000 | 628,000 | -70,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other expense, net: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | 1,703,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes | -2,041,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
provision for income taxes | 263,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 19,498 | 20,263 | 20,073 | 20,667 | 20,506 | 20,022 | 20,553 | 21,252 | 18,321 | 17,135 | 17,345 | 17,156 | 16,578 | 16,450 | 16,541 | 16,500 | 16,194 | 15,915 | 16,079 | 15,920 | 15,551 | 14,801 | 14,845 | 14,581 | 14,495 | 14,483 | 14,506 | 14,586 | 14,336 | 13,512 | 14,019 | 13,401 | 12,347 | 49,343 | 49,386 | 49,346 | 49,251 | 48,592 | 49,230 | 49,230 | 46,624 | 42,269 | 42,325 | 42,188 | 42,039 | 39,665 | 41,962 | 40,827 | 12,700 | |||
diluted | 19,498 | 20,456 | 20,406 | 20,667 | 20,506 | 20,832 | 21,501 | 21,252 | 19,389 | 17,135 | 17,345 | 17,156 | 16,578 | 16,450 | 16,541 | 16,500 | 16,194 | 18,251 | 18,335 | 18,329 | 18,076 | 16,365 | 17,154 | 16,229 | 14,495 | 15,688 | 14,506 | 14,586 | 16,260 | 14,289 | 16,229 | 15,644 | 12,369 | 49,343 | 49,386 | 49,346 | 49,251 | 48,592 | 49,230 | 49,230 | 46,624 | 42,269 | 42,325 | 42,188 | 42,039 | 39,665 | 41,962 | 40,827 | 12,700 | |||
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
product sales | 87,004 | 211,840 | 94,368 | |||||||||||||||||||||||||||||||||||||||||||||||||
other revenue | 14,306 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 87,004 | 211,840 | 108,674 | |||||||||||||||||||||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -58.93% | 94.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||
cost of revenues | 48,667 | 110,383 | 54,056 | |||||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative | 810,846 | 1,431,235 | 916,597 | |||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | -2,568,266 | -1,890,705 | -1,253,832 | |||||||||||||||||||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 1,096 | 1,811 | 3,075 | |||||||||||||||||||||||||||||||||||||||||||||||||
other | -2,228 | -1,128 | -1,363 | |||||||||||||||||||||||||||||||||||||||||||||||||
other income: - sum | -2,753 | -1,045 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net loss per basic and diluted common share | -0.38 | -0.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares used to compute net loss per basic and diluted common share | 6,587,337 | 6,700,258 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income per basic and diluted common share | -0.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares used to compute net income per basic and diluted common share | 6,409,231 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2012-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 12,320,000 | 16,963,000 | 12,257,000 | 11,705,000 | 11,684,000 | 12,995,000 | 13,803,000 | 12,462,000 | 17,816,000 | 18,726,000 | 12,340,000 | 15,787,000 | 20,573,000 | 11,396,000 | 10,505,000 | 10,877,000 | 23,700,000 | 37,720,000 | 28,058,000 | 56,197,000 | 62,965,000 | 46,681,000 | 27,265,000 | 21,206,000 | 8,733,000 | 8,249,000 | 7,037,000 | 3,446,000 | 10,156,000 | 7,078,000 | 6,178,000 | 9,108,000 | 4,335,000 | 5,247,000 | 473,000 | 1,238,000 | 3,613,000 | 6,183,000 | 3,277,000 | 1,162,000 | 3,228,000 | 7,114,000 | 3,074,000 | 3,020,000 | 2,141,000 | 7,908,000 | 4,416,000 | 8,958,000 | 5,552,000 | 1,597,879 | 3,282,863 | 4,650,564 |
accounts receivable | 30,400,000 | 76,797,000 | 56,754,000 | 36,429,000 | 42,354,000 | 93,118,000 | 70,703,000 | 46,474,000 | 42,908,000 | 33,816,000 | 20,254,000 | 23,955,000 | 30,139,000 | 8,551,000 | 11,814,000 | 36,989,000 | 28,025,000 | 32,370,000 | 53,825,000 | 37,007,000 | 12,402,000 | 28,468,000 | 18,402,000 | 12,461,000 | 28,995,000 | 34,582,000 | 21,751,000 | 24,588,000 | 9,995,000 | 4,516,000 | 28,454,000 | 18,085,000 | 15,813,000 | 30,254,000 | 15,687,000 | 15,448,000 | 26,712,000 | 15,164,000 | 28,904,000 | 177,453 | 190,298 | 15,333 | ||||||||||
inventories | 64,317,000 | 69,222,000 | 94,964,000 | 76,806,000 | 73,664,000 | 71,251,000 | 102,263,000 | 73,347,000 | 69,531,000 | 44,019,000 | 76,024,000 | 67,831,000 | 65,214,000 | 71,252,000 | 118,439,000 | 120,694,000 | 117,422,000 | 101,933,000 | 113,288,000 | 81,931,000 | 59,136,000 | 71,301,000 | 79,453,000 | 44,953,000 | 39,291,000 | 45,711,000 | 67,032,000 | 50,420,000 | 44,480,000 | 49,472,000 | 73,348,000 | 28,043,000 | 15,816,000 | 27,518,000 | 45,869,000 | 20,916,000 | 22,285,000 | 21,698,000 | 45,493,000 | 27,898,000 | 25,838,000 | 26,146,000 | 49,736,000 | 37,320,000 | 36,201,000 | 38,400,000 | 46,557,000 | 37,497,000 | 41,584,000 | 723,420 | 464,755 | 430,894 |
prepaid expenses and other current assets | 10,677,000 | 10,831,000 | 14,381,000 | 13,092,000 | 14,533,000 | 11,007,000 | 9,686,000 | 11,380,000 | 10,322,000 | 7,720,000 | 8,775,000 | 8,927,000 | 9,108,000 | 9,196,000 | 12,382,000 | 13,606,000 | 15,773,000 | 17,506,000 | 16,605,000 | 19,418,000 | 14,685,000 | 8,127,000 | 8,451,000 | 10,233,000 | 5,172,000 | 4,057,000 | 5,500,000 | 5,418,000 | 4,785,000 | 4,469,000 | 5,194,000 | 5,190,000 | 3,536,000 | 3,467,000 | 4,956,000 | 4,712,000 | 3,937,000 | 4,121,000 | 6,002,000 | 5,698,000 | 4,906,000 | 4,191,000 | 4,466,000 | 4,447,000 | 4,106,000 | 3,818,000 | 5,866,000 | 5,168,000 | 4,131,000 | 95,932 | 121,107 | 39,992 |
total current assets | 117,714,000 | 173,813,000 | 178,356,000 | 138,032,000 | 142,235,000 | 188,371,000 | 196,455,000 | 143,663,000 | 140,577,000 | 124,855,000 | 130,955,000 | 112,799,000 | 118,850,000 | 135,180,000 | 171,465,000 | 153,728,000 | 168,709,000 | 193,112,000 | 194,940,000 | 185,571,000 | 169,156,000 | 169,976,000 | 168,994,000 | 113,399,000 | 65,598,000 | 102,547,000 | 108,037,000 | 77,686,000 | 71,882,000 | 113,816,000 | 113,715,000 | 76,923,000 | 45,438,000 | 86,766,000 | 75,886,000 | 36,861,000 | 34,351,000 | 86,635,000 | 83,486,000 | 53,103,000 | 50,045,000 | 94,903,000 | 93,793,000 | 73,578,000 | 67,721,000 | 117,597,000 | 98,798,000 | 78,652,000 | 92,841,000 | 2,594,684 | 4,059,023 | 5,136,783 |
property and equipment | 2,450,000 | 2,995,000 | 3,841,000 | 4,781,000 | 4,884,000 | 5,844,000 | 5,753,000 | 6,295,000 | 5,533,000 | 4,824,000 | 4,828,000 | 5,691,000 | 6,144,000 | 6,362,000 | 5,435,000 | 6,144,000 | 6,293,000 | 6,955,000 | 7,276,000 | 6,917,000 | 7,089,000 | 6,575,000 | 5,004,000 | 4,366,000 | 4,002,000 | 3,962,000 | 4,909,000 | 5,717,000 | 5,215,000 | 5,856,000 | 4,019,000 | 2,839,000 | 3,979,000 | 4,677,000 | 4,427,000 | 3,348,000 | 3,919,000 | 4,311,000 | 4,644,000 | 5,522,000 | 6,394,000 | 6,859,000 | 5,366,000 | 5,536,000 | 5,922,000 | 6,722,000 | 5,174,000 | 5,132,000 | 6,229,000 | 219,369 | 248,766 | 155,502 |
goodwill | 50,428,000 | 50,428,000 | 50,428,000 | 50,428,000 | 50,428,000 | 52,942,000 | 56,700,000 | 56,762,000 | 52,907,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 10,686,000 | 8,178,000 | 8,178,000 | 8,178,000 | 8,515,000 | 8,515,000 | 9,096,000 | 5,940,000 | 31,152,000 | 31,152,000 | 80,974,000 | 80,974,000 | 80,974,000 | 80,974,000 | 80,974,000 | 80,974,000 | 80,868,000 | |||||||||||||||
intangible assets | 32,342,000 | 34,344,000 | 36,350,000 | 38,367,000 | 40,382,000 | 42,398,000 | 44,544,000 | 46,683,000 | 48,704,000 | 1,734,000 | 1,976,000 | 2,238,000 | 2,471,000 | 2,612,000 | 4,793,000 | 5,126,000 | 5,464,000 | 5,788,000 | 6,107,000 | 6,442,000 | 6,760,000 | 5,138,000 | 5,325,000 | 5,518,000 | 5,740,000 | 6,011,000 | 4,836,000 | 8,324,000 | 997,000 | 1,036,000 | 1,091,000 | 1,196,000 | 1,363,000 | 1,404,000 | 1,484,000 | 1,529,000 | 1,553,000 | 1,618,000 | 1,805,000 | 35,237,000 | 36,790,000 | 37,956,000 | 39,297,000 | 39,530,000 | 39,473,000 | 39,726,000 | 40,025,000 | 40,385,000 | 40,210,000 | 1,451,298 | 1,379,864 | 1,301,072 |
other assets | 6,993,000 | 7,474,000 | 9,232,000 | 8,573,000 | 9,095,000 | 9,306,000 | 9,749,000 | 10,985,000 | 10,668,000 | 7,868,000 | 7,858,000 | 8,124,000 | 8,361,000 | 8,547,000 | 7,846,000 | 8,261,000 | 8,669,000 | 8,065,000 | 8,631,000 | 6,090,000 | 6,380,000 | 6,640,000 | 6,230,000 | 2,370,000 | 2,563,000 | 2,877,000 | 3,719,000 | 4,158,000 | 3,831,000 | 1,212,000 | 698,000 | 1,095,000 | 1,144,000 | 1,042,000 | 1,146,000 | 1,310,000 | 1,363,000 | 1,693,000 | 1,418,000 | 1,505,000 | 1,715,000 | 2,981,000 | 2,141,000 | 989,000 | 920,000 | 821,000 | 650,000 | 520,000 | 119,000 | |||
total assets | 209,927,000 | 269,054,000 | 278,207,000 | 240,181,000 | 247,024,000 | 298,861,000 | 313,201,000 | 264,388,000 | 258,389,000 | 149,967,000 | 156,303,000 | 139,538,000 | 146,512,000 | 163,387,000 | 217,284,000 | 196,954,000 | 208,050,000 | 230,505,000 | 236,278,000 | 222,753,000 | 207,405,000 | 203,453,000 | 201,531,000 | 140,495,000 | 95,734,000 | 131,351,000 | 130,597,000 | 101,825,000 | 81,925,000 | 121,920,000 | 119,523,000 | 82,180,000 | 52,306,000 | 94,251,000 | 83,069,000 | 43,634,000 | 41,874,000 | 94,800,000 | 91,834,000 | 95,872,000 | 126,096,000 | 173,851,000 | 221,571,000 | 201,735,000 | 196,138,000 | 246,968,000 | 231,722,000 | 211,764,000 | 227,038,000 | 4,265,351 | 5,687,653 | 6,593,357 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facility | 29,383,000 | 33,486,000 | 19,939,000 | 6,592,000 | 49,412,000 | 58,626,000 | 24,029,000 | 13,261,000 | 19,053,000 | 44,618,000 | 15,707,000 | 301,000 | 15,655,000 | 26,561,000 | 10,802,000 | 3,523,000 | 2,642,000 | |||||||||||||||||||||||||||||||||||
accounts payable | 20,790,000 | 24,934,000 | 46,917,000 | 34,481,000 | 39,539,000 | 34,839,000 | 66,394,000 | 48,380,000 | 44,842,000 | 26,908,000 | 39,198,000 | 34,036,000 | 21,887,000 | 19,846,000 | 29,719,000 | 31,030,000 | 32,899,000 | 40,475,000 | 55,526,000 | 47,909,000 | 27,761,000 | 42,529,000 | 63,699,000 | 41,694,000 | 11,503,000 | 22,511,000 | 37,490,000 | 22,116,000 | 13,073,000 | 17,724,000 | 49,014,000 | 29,976,000 | 9,758,000 | 13,459,000 | 29,996,000 | 12,070,000 | 8,429,000 | 11,927,000 | 38,186,000 | 18,966,000 | 12,535,000 | 17,680,000 | 32,884,000 | 21,436,000 | 20,112,000 | 35,546,000 | 28,650,000 | 10,528,000 | 28,833,000 | 862,522 | 580,424 | 182,007 |
term loan, current | 8,571,000 | 8,571,000 | 8,571,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 18,453,000 | 24,789,000 | 22,580,000 | 20,835,000 | 26,294,000 | 39,421,000 | 30,689,000 | 30,827,000 | 31,947,000 | 29,424,000 | 22,014,000 | 21,808,000 | 30,023,000 | 25,433,000 | 23,124,000 | 19,456,000 | 27,385,000 | 37,693,000 | 36,015,000 | 32,835,000 | 44,011,000 | 36,122,000 | 34,432,000 | 26,331,000 | 20,786,000 | 26,422,000 | 20,489,000 | 19,649,000 | 16,580,000 | 18,488,000 | 14,631,000 | 14,061,000 | 8,656,000 | 11,451,000 | 12,110,000 | 10,455,000 | 11,274,000 | 16,414,000 | 10,387,000 | 8,816,000 | 10,084,000 | 14,236,000 | 9,313,000 | 10,246,000 | 9,617,000 | 14,525,000 | 8,039,000 | 8,796,000 | 288,000 | |||
total current liabilities | 47,814,000 | 87,677,000 | 111,554,000 | 75,255,000 | 72,425,000 | 123,672,000 | 155,709,000 | 103,236,000 | 76,789,000 | 56,332,000 | 74,473,000 | 55,844,000 | 51,910,000 | 64,332,000 | 97,461,000 | 66,193,000 | 60,284,000 | 78,168,000 | 91,541,000 | 80,744,000 | 71,772,000 | 78,651,000 | 98,131,000 | 68,025,000 | 32,590,000 | 64,588,000 | 84,540,000 | 52,567,000 | 29,653,000 | 73,597,000 | 67,918,000 | 44,412,000 | 21,056,000 | 67,550,000 | 71,713,000 | 32,327,000 | 23,553,000 | 66,893,000 | 79,686,000 | 39,788,000 | 27,966,000 | 69,183,000 | 84,224,000 | 49,079,000 | 47,831,000 | 88,857,000 | 72,858,000 | 49,027,000 | 94,852,000 | 1,083,724 | 763,238 | 337,829 |
term loan, non-current | 44,274,000 | 46,339,000 | 48,404,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
income tax payable | 820,000 | 820,000 | 1,377,000 | 1,372,000 | 1,367,000 | 1,362,000 | 1,489,000 | 1,508,000 | 1,527,000 | 1,546,000 | 2,204,000 | 2,196,000 | 2,135,000 | 2,076,000 | 3,526,000 | 3,774,000 | 3,774,000 | 3,774,000 | 3,798,000 | 3,328,000 | 3,432,000 | |||||||||||||||||||||||||||||||
other liabilities | 5,161,000 | 5,720,000 | 6,221,000 | 6,668,000 | 6,814,000 | 7,603,000 | 8,488,000 | 8,611,000 | 8,893,000 | 7,012,000 | 7,224,000 | 7,443,000 | 7,703,000 | 8,038,000 | 6,968,000 | 7,334,000 | 7,630,000 | 7,194,000 | 7,322,000 | 4,989,000 | 5,079,000 | 8,275,000 | 7,524,000 | 2,869,000 | 3,021,000 | 3,223,000 | 4,264,000 | 4,663,000 | 4,677,000 | 2,792,000 | 2,313,000 | 2,311,000 | 2,311,000 | 2,312,000 | 2,239,000 | 2,239,000 | 2,750,000 | 2,800,000 | 2,778,000 | 2,832,000 | 2,884,000 | 2,937,000 | 2,165,000 | 5,571,000 | 5,582,000 | 5,592,000 | 2,041,000 | 2,051,000 | ||||
total liabilities | 98,069,000 | 140,556,000 | 167,556,000 | 123,346,000 | 126,150,000 | 178,257,000 | 211,382,000 | 159,127,000 | 133,163,000 | 64,890,000 | 83,901,000 | 65,483,000 | 61,748,000 | 74,446,000 | 107,955,000 | 77,301,000 | 71,688,000 | 89,136,000 | 102,661,000 | 89,061,000 | 80,283,000 | 87,054,000 | 105,795,000 | 71,034,000 | 35,751,000 | 67,964,000 | 88,991,000 | 57,417,000 | 34,517,000 | 84,424,000 | 96,098,000 | 77,206,000 | 72,728,000 | 116,408,000 | 119,788,000 | 80,342,000 | 72,070,000 | 115,496,000 | 125,444,000 | 85,701,000 | 74,360,000 | 117,199,000 | 120,591,000 | 87,250,000 | 74,401,000 | 115,782,000 | 103,845,000 | 79,656,000 | 125,221,000 | 1,178,335 | 867,385 | |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 20,000 | 19,000 | 19,000 | 20,000 | 20,000 | 20,000 | 20,000 | 21,000 | 21,000 | 18,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 15,000 | 15,000 | 15,000 | 15,000 | 14,000 | 15,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 12,000 | 49,000 | 49,000 | 49,000 | 49,000 | 49,000 | 49,000 | 49,000 | 49,000 | 43,000 | 42,000 | 42,000 | 42,000 | 42,000 | 42,000 | 42,000 | 38,000 | |||
additional paid-in capital | 228,397,000 | 229,189,000 | 229,174,000 | 236,255,000 | 240,150,000 | 239,983,000 | 239,345,000 | 247,917,000 | 260,594,000 | 220,185,000 | 216,214,000 | 214,245,000 | 208,999,000 | 206,916,000 | 204,681,000 | 202,382,000 | 200,176,000 | 198,278,000 | 194,969,000 | 197,207,000 | 193,163,000 | 190,568,000 | 187,065,000 | 179,132,000 | 177,745,000 | 176,776,000 | 176,295,000 | 175,644,000 | 176,113,000 | 169,421,000 | 171,477,000 | 167,668,000 | 148,305,000 | 148,045,000 | 147,802,000 | 147,432,000 | 147,001,000 | 146,615,000 | 145,877,000 | 144,860,000 | 143,803,000 | 136,693,000 | 134,350,000 | 131,844,000 | 129,555,000 | 128,084,000 | 126,739,000 | 124,758,000 | 85,678,000 | 17,383,196 | 16,545,508 | 14,133,830 |
accumulated deficit | -117,569,000 | -102,363,000 | -119,972,000 | -121,689,000 | -118,758,000 | -118,094,000 | -138,233,000 | -141,646,000 | -134,122,000 | -134,277,000 | -142,829,000 | -139,223,000 | -123,303,000 | -116,598,000 | -93,365,000 | -81,354,000 | -63,528,000 | -57,052,000 | -61,591,000 | -64,214,000 | -65,935,000 | -74,773,000 | -91,076,000 | -108,870,000 | -117,074,000 | -113,519,000 | -133,905,000 | -130,781,000 | -128,408,000 | -131,463,000 | -147,667,000 | -162,390,000 | -168,691,000 | -170,048,000 | -184,279,000 | -183,787,000 | -176,726,000 | -166,800,000 | -179,001,000 | -14,303,015 | -11,731,996 | -7,884,711 | ||||||||||
accumulated other comprehensive income | 1,010,000 | 1,653,000 | 1,430,000 | 2,249,000 | 687,000 | -1,031,000 | -1,267,000 | -1,000,000 | -984,000 | -949,000 | -1,394,000 | -2,004,000 | -1,392,000 | -302,000 | 127,000 | 223,000 | 683,000 | -122,000 | 589,000 | -268,000 | -816,000 | -703,000 | 116,000 | -556,000 | -229,000 | 167,000 | 741,000 | 233,000 | ||||||||||||||||||||||||
total stockholders’ equity | 111,858,000 | 128,498,000 | 110,651,000 | 116,835,000 | 120,874,000 | 120,604,000 | 101,819,000 | 105,261,000 | 125,226,000 | 85,077,000 | 72,402,000 | 74,055,000 | 84,764,000 | 88,941,000 | 109,329,000 | 119,653,000 | 136,362,000 | 141,369,000 | 133,617,000 | 133,692,000 | 127,122,000 | 116,399,000 | 95,736,000 | 69,461,000 | 59,983,000 | 63,387,000 | 41,606,000 | 44,408,000 | 47,408,000 | 37,496,000 | 23,425,000 | |||||||||||||||||||||
total liabilities and stockholders’ equity | 209,927,000 | 269,054,000 | 278,207,000 | 240,181,000 | 247,024,000 | 298,861,000 | 313,201,000 | 264,388,000 | 258,389,000 | 149,967,000 | 156,303,000 | 139,538,000 | 146,512,000 | 163,387,000 | 217,284,000 | 196,954,000 | 208,050,000 | 230,505,000 | 236,278,000 | 222,753,000 | 207,405,000 | 203,453,000 | 201,531,000 | 140,495,000 | 95,734,000 | 131,351,000 | 130,597,000 | 101,825,000 | 81,925,000 | 121,920,000 | 119,523,000 | |||||||||||||||||||||
debt, non-current | 40,051,000 | 45,544,000 | 45,620,000 | 45,696,000 | 45,772,000 | 45,954,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -538,000 | -1,305,000 | -849,000 | -799,000 | -469,000 | -311,000 | -476,000 | -399,000 | -318,000 | -48,000 | -203,000 | -291,000 | -402,000 | -520,000 | -560,000 | -535,000 | -536,000 | -487,000 | -466,000 | -330,000 | -199,000 | |||||||||||||||||||||||||||||||
accounts receivable, less allowances | 54,390,000 | 43,336,000 | 35,953,000 | 43,867,000 | 44,530,000 | 52,797,000 | 50,534,000 | 54,633,000 | 57,192,000 | 61,059,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 17,059,000 | 13,009,000 | 8,229,000 | 5,899,000 | 8,638,000 | 7,047,000 | 7,334,000 | 6,946,000 | 7,800,000 | 6,664,000 | 9,316,000 | 7,439,000 | 187,000 | 187,000 | 187,000 | 127,000 | 382,000 | 362,000 | 126,000 | 586,000 | 688,000 | 543,000 | 481,000 | 505,000 | 4,000 | 5,053,000 | 11,622,000 | 8,343,000 | 4,930,000 | 13,918,000 | 10,536,000 | |||||||||||||||||||||
financial instrument obligation | 7,848,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net revenue | 44,846,000 | 287,437,000 | 74,427,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cost of revenue | 30,059,000 | 178,738,000 | 43,925,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
gross profit | 14,787,000 | 108,699,000 | 30,502,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
selling and marketing | 6,881,000 | 32,389,000 | 8,517,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 1,456,000 | 5,611,000 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 4,649,000 | 16,658,000 | 4,063,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 12,986,000 | 54,658,000 | 13,980,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 1,801,000 | 54,041,000 | 16,522,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 244,000 | 5,335,000 | 1,093,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other non-operating income | -1,662,000 | 7,779,000 | 308,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax | 3,219,000 | 15,121,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 164,000 | 398,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 3,055,000 | 39,190,000 | 14,723,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 210 | 2,900 | 1,050 | |||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 90 | 2,740 | 910 | |||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facilities | 37,385,000 | 38,467,000 | 24,793,000 | 5,176,000 | 35,905,000 | 26,299,000 | 7,192,000 | 533,000 | 32,453,000 | 20,617,000 | 14,833,000 | 15,538,000 | 36,863,000 | 28,663,000 | 19,256,000 | 34,490,000 | ||||||||||||||||||||||||||||||||||||
term loans | 750,000 | 375,000 | 4,173,000 | 2,647,000 | 4,814,000 | |||||||||||||||||||||||||||||||||||||||||||||||
term loans, long-term portion | 6,789,000 | 10,442,000 | 13,565,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
series b redeemable preferred stock | 19,297,000 | 18,921,000 | 18,547,000 | 18,181,000 | 17,827,000 | 17,480,000 | 17,134,000 | 16,797,000 | 16,468,000 | 16,145,000 | 15,826,000 | 15,514,000 | 15,212,000 | 14,916,000 | 14,621,000 | 14,253,000 | 13,983,000 | |||||||||||||||||||||||||||||||||||
subordinated notes - related party | 20,836,000 | 20,051,000 | 19,289,000 | 18,566,000 | 17,881,000 | 17,213,000 | 16,573,000 | 15,962,000 | 15,365,000 | 13,323,000 | 11,951,000 | |||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible asset impairment | ||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | 40,927,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 1,737,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share : | ||||||||||||||||||||||||||||||||||||||||||||||||||||
term loans, long-term portion, net of unamortized debt issuance costs of 667 and 759 | 11,083,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated notes - related party, net of unamortized discount of 609 and 1,075 | 14,784,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
term loans, long-term portion, net of unamortized debt issuance costs of 734 and 759 | 11,391,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated notes - related party, net of unamortized discount of 811 and 1,075 | 19,092,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 4,974,000 | -20,422,000 | -22,157,000 | -36,719,000 | -36,708,000 | -30,196,000 | -20,696,000 | -33,610,000 | 10,171,000 | 51,736,000 | 56,652,000 | 100,980,000 | 114,485,000 | 121,737,000 | 131,186,000 | 127,877,000 | 132,108,000 | 101,817,000 | 3,087,016 | 4,820,268 | 6,255,528 | |||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 82,180,000 | 52,306,000 | 94,251,000 | 83,069,000 | 43,634,000 | 41,874,000 | 94,800,000 | 91,834,000 | 95,872,000 | 126,096,000 | 173,851,000 | 221,571,000 | 201,735,000 | 196,138,000 | 4,265,351 | 5,687,653 | 6,593,357 | |||||||||||||||||||||||||||||||||||
term loans, long-term portion, net of unamortized debt issuance costs of 801 and 759 | 8,434,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated notes - related party, net of unamortized discount of 946 and 1,075 | 21,630,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
term loan | 4,814,000 | 4,626,000 | 3,850,000 | 4,814,000 | 4,814,000 | 4,814,000 | 21,410,000 | 2,564,000 | 2,564,000 | 1,923,000 | ||||||||||||||||||||||||||||||||||||||||||
term loan, long-term portion | 7,238,000 | 8,306,000 | 9,374,000 | 8,633,000 | 9,711,000 | 11,076,000 | 4,487,000 | 5,128,000 | 5,769,000 | |||||||||||||||||||||||||||||||||||||||||||
prepaid income taxes | 260,000 | 260,000 | 260,000 | 260,000 | 1,210,000 | 1,482,000 | 1,482,000 | 1,482,000 | 1,329,000 | 1,329,000 | 2,925,000 | |||||||||||||||||||||||||||||||||||||||||
retained earnings | -134,202,000 | -91,629,000 | -79,618,000 | -33,082,000 | -17,202,000 | -7,304,000 | 3,289,000 | 929,000 | 6,567,000 | 15,868,000 | ||||||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stock and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
due to shareholders | 3,125,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value - 50,000,000 shares authorized; 48,689,555 shares issued and outstanding as of december 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock and stockholders' equity | 246,968,000 | 231,722,000 | 211,764,000 | 227,038,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
subordinated notes - related parties | 7,506,000 | 7,322,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated notes | 17,737,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 9,745,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | 449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets, long-term portion | 6,322,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
term loan, current portion | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 10,341,000 | 183,716 | 145,764 | 155,822 | ||||||||||||||||||||||||||||||||||||||||||||||||
due to shareholders, current portion | 3,125,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
capital lease obligation, current portion | 38,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income tax payable, long-term portion | 1,986,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
capital lease obligation, long-term portion | 75,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 14,325,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated note | ||||||||||||||||||||||||||||||||||||||||||||||||||||
series a convertible stock, 0.01 par value - 50,000,000 shares authorized; 48,689,555 shares issued and outstanding as of december 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
capital lease obligation - current portion | 37,486 | 37,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||
capital lease obligation - long term | 94,611 | 104,147 | ||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.001 par value... | 6,835 | 6,756 | 6,409 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2012-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | -15,206,000 | 1,717,000 | 3,413,000 | -3,606,000 | -15,920,000 | -6,705,000 | 14,231,000 | -492,000 | -7,061,000 | -9,926,000 | 12,201,000 | -44,799,000 | -42,573,000 | -12,011,000 | -2,906,000 | -2,571,019 | |||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 892,000 | 1,114,000 | 1,068,000 | 1,081,000 | 1,110,000 | 1,146,000 | 1,177,000 | 1,168,000 | 916,000 | 918,000 | 964,000 | 970,000 | 978,000 | 1,045,000 | 1,075,000 | 1,266,000 | 1,192,000 | 1,133,000 | 1,072,000 | 1,108,000 | 739,000 | 1,057,000 | 1,241,000 | 1,028,000 | 1,033,000 | 1,079,000 | 1,297,000 | 1,140,000 | 1,040,000 | 1,010,000 | 740,000 | 1,256,000 | 948,000 | 1,074,000 | 787,000 | 1,444,000 | 769,000 | 881,000 | 1,714,000 | 1,211,000 | 1,260,000 | 1,357,000 | 1,468,000 | 1,491,000 | 1,585,000 | 1,461,000 | 1,291,000 | 63,887 | 58,020 | ||
amortization of intangible assets | 2,001,000 | 2,006,000 | 2,018,000 | 2,017,000 | 2,016,000 | 2,141,000 | 2,145,000 | 2,138,000 | 560,000 | 248,000 | 248,000 | 249,000 | 264,000 | 307,000 | 308,000 | 311,000 | 312,000 | 315,000 | 321,000 | 322,000 | 303,000 | 224,000 | 222,000 | 221,000 | 222,000 | 229,000 | 192,000 | 159,000 | 62,000 | 73,000 | 74,000 | 77,000 | 79,000 | 89,000 | 89,000 | 86,000 | 84,000 | 100,000 | 1,333,000 | 1,466,000 | 1,229,000 | 1,330,000 | 232,000 | 231,000 | 222,000 | 258,000 | 311,000 | 260,000 | 237,000 | ||
amortization of debt financing costs | 195,000 | 195,000 | 223,000 | 277,000 | 276,000 | 277,000 | 277,000 | 278,000 | 70,000 | 33,000 | 33,000 | 33,000 | 42,000 | 47,000 | 48,000 | 47,000 | 47,000 | 47,000 | 47,000 | 48,000 | 47,000 | 47,000 | 48,000 | 47,000 | 47,000 | 47,000 | 48,000 | 47,000 | 47,000 | 314,000 | 248,000 | 394,000 | 400,000 | 393,000 | 388,000 | 325,000 | 308,000 | 324,000 | 102,000 | 44,000 | 49,000 | 20,000 | 22,000 | 2,545,000 | |||||||
stock-based compensation | 1,365,000 | 1,874,000 | 1,386,000 | 1,008,000 | 1,912,000 | 2,725,000 | 1,496,000 | 846,000 | 1,105,000 | 3,429,000 | 1,625,000 | 4,970,000 | 1,959,000 | 2,209,000 | 2,208,000 | 2,030,000 | 1,537,000 | 2,431,000 | 1,498,000 | 1,941,000 | 1,786,000 | 1,572,000 | 1,572,000 | 1,406,000 | 999,000 | 1,003,000 | 1,030,000 | 1,003,000 | 522,000 | 468,000 | 587,000 | 599,000 | 223,000 | 243,000 | 370,000 | 431,000 | 386,000 | 738,000 | 1,017,000 | 1,078,000 | 1,127,000 | 1,249,000 | 1,253,000 | 2,070,000 | 1,325,000 | 1,278,000 | 1,049,000 | ||||
deferred income taxes | -90,000 | -280,000 | -66,000 | 676,000 | -445,000 | -120,000 | -400,000 | 377,000 | -6,716,000 | 134,000 | 31,000 | -120,000 | -89,000 | 17,362,000 | -4,050,000 | -4,781,000 | -2,329,000 | 2,811,000 | -1,591,000 | 287,000 | -388,000 | 843,000 | -1,136,000 | 2,652,000 | -1,891,000 | -165,000 | 479,000 | 256,000 | -21,000 | -236,000 | 460,000 | 102,000 | -145,000 | -62,000 | 25,000 | 4,000 | 12,101,000 | -3,277,000 | -3,414,000 | 284,000 | -3,382,000 | -569,000 | -6,331,000 | ||||||||
change in sales returns reserve | 3,124,000 | -2,601,000 | -1,185,000 | 1,089,000 | 1,873,000 | -585,000 | 4,578,000 | -799,000 | -2,410,000 | 3,105,000 | -54,000 | -1,241,000 | -1,178,000 | 3,381,000 | 431,000 | -1,707,000 | -3,285,000 | 1,440,000 | 510,000 | -4,864,000 | 678,000 | 245,000 | |||||||||||||||||||||||||||||
provision for obsolete inventory | 382,000 | 850,000 | 986,000 | 690,000 | 486,000 | 2,609,000 | 1,287,000 | 794,000 | 1,298,000 | -537,000 | -561,000 | 3,867,000 | 2,251,000 | -415,000 | -874,000 | -19,000 | 845,000 | 726,000 | 57,000 | 2,869,000 | 723,000 | 1,054,000 | 439,000 | 1,402,000 | 479,000 | 819,000 | 783,000 | 1,164,000 | 507,000 | 1,184,000 | 582,000 | -238,000 | 225,000 | 820,000 | 869,000 | 1,786,000 | 8,032,000 | 897,000 | 699,000 | 381,000 | |||||||||||
changes in operating assets and liabilities, net of acquisitions: | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 43,274,000 | -17,496,000 | -19,141,000 | 4,836,000 | 48,891,000 | -19,968,000 | -28,272,000 | -3,302,000 | 35,918,000 | -18,320,000 | -20,122,000 | 12,107,000 | 20,578,000 | -14,679,000 | -22,318,000 | 4,729,000 | 27,423,000 | -872,000 | -9,474,000 | 9,209,000 | 10,819,000 | 9,713,000 | -20,198,000 | -25,951,000 | 34,681,000 | -20,086,000 | -10,962,000 | -1,889,000 | 42,868,000 | -26,441,000 | 3,771,000 | -13,628,000 | 29,320,000 | -29,096,000 | -14,868,000 | -4,538,000 | 51,611,000 | -29,472,000 | -11,259,000 | 613,000 | 44,210,000 | -30,704,000 | -15,096,000 | -1,090,000 | 48,642,000 | -35,815,000 | -11,987,000 | 18,788,000 | 18,618,000 | 12,845 | 24,038 |
inventories | 4,522,000 | 24,892,000 | -19,144,000 | -3,832,000 | -2,899,000 | 31,340,000 | -32,359,000 | -8,175,000 | -3,063,000 | 32,322,000 | -10,443,000 | -1,654,000 | 7,111,000 | 46,711,000 | -3,323,000 | -6,673,000 | -14,615,000 | 11,374,000 | -32,201,000 | -23,521,000 | 12,108,000 | 5,282,000 | -35,223,000 | -6,715,000 | 5,981,000 | 19,886,000 | -17,083,000 | 251,000 | 4,210,000 | 22,712,000 | -45,812,000 | -13,411,000 | 11,120,000 | 18,589,000 | -25,178,000 | 549,000 | -1,456,000 | 22,009,000 | -25,627,000 | -2,957,000 | -391,000 | 23,166,000 | -12,357,000 | -1,162,000 | 1,500,000 | 7,804,000 | -8,854,000 | 4,053,000 | 8,360,000 | -256,680 | 26,414 |
prepaid expenses and other assets | 532,000 | 966,000 | -814,000 | 2,792,000 | -3,473,000 | -354,000 | 1,427,000 | -943,000 | -357,000 | 1,052,000 | -306,000 | 218,000 | 473,000 | 3,419,000 | 1,571,000 | -679,000 | 1,734,000 | 2,399,000 | 2,809,000 | -4,731,000 | -6,568,000 | 214,000 | 1,802,000 | -5,033,000 | -1,091,000 | 939,000 | -55,000 | -633,000 | -317,000 | 1,246,000 | -4,000 | -1,655,000 | -68,000 | 1,488,000 | -228,000 | -870,000 | 365,000 | 1,710,000 | -282,000 | -778,000 | -405,000 | -2,000 | 143,000 | -493,000 | -360,000 | 2,206,000 | -736,000 | ||||
accounts payable | -4,217,000 | -22,000,000 | 13,035,000 | -5,706,000 | 4,716,000 | -34,073,000 | 18,769,000 | 3,216,000 | 8,065,000 | -17,300,000 | 11,620,000 | 5,290,000 | 2,162,000 | -11,898,000 | -1,538,000 | -2,420,000 | -7,494,000 | -14,787,000 | 7,414,000 | 20,249,000 | -15,669,000 | -22,095,000 | 21,743,000 | 30,212,000 | -11,192,000 | -14,819,000 | 15,492,000 | 3,427,000 | -4,493,000 | -31,122,000 | 18,762,000 | 20,058,000 | -3,597,000 | -16,043,000 | 18,138,000 | 3,127,000 | -3,728,000 | -25,853,000 | 18,998,000 | 6,426,000 | -4,628,000 | -15,626,000 | 11,894,000 | 657,000 | -14,212,000 | 5,475,000 | 18,123,000 | -18,305,000 | -15,845,000 | 282,098 | 8,670 |
income taxes payable | -821,000 | 1,828,000 | -104,000 | -1,966,000 | -1,401,000 | -644,000 | 293,000 | 190,000 | 2,000 | -409,000 | 387,000 | 10,000 | -271,000 | 82,000 | -905,000 | 2,207,000 | -657,000 | 1,796,000 | -517,000 | -9,936,000 | 3,086,000 | -2,591,000 | 6,634,000 | 267,000 | -132,000 | 1,198,000 | -1,164,000 | -537,000 | 132,000 | 131,000 | 138,000 | -580,000 | 340,000 | 136,000 | 193,000 | 314,000 | 0 | 76,000 | 5,000 | 1,367,000 | -3,109,000 | -23,000 | 65,000 | 2,920,000 | 0 | 1,596,000 | 188,000 | ||||
other liabilities | -6,576,000 | 2,970,000 | -3,180,000 | -11,946,000 | 11,319,000 | 94,000 | -2,652,000 | -7,782,000 | 4,729,000 | 2,059,000 | -9,154,000 | 4,226,000 | -2,817,000 | 7,978,000 | -3,988,000 | -9,863,000 | -1,195,000 | 3,917,000 | -1,198,000 | 5,251,000 | 6,102,000 | 2,019,000 | 5,264,000 | -5,483,000 | 5,545,000 | 2,086,000 | -1,570,000 | -2,814,000 | 3,684,000 | 432,000 | 5,112,000 | -2,796,000 | -3,000 | 1,313,000 | -1,447,000 | -5,398,000 | 6,091,000 | 1,545,000 | -1,136,000 | -4,429,000 | 5,240,000 | -1,006,000 | 553,000 | -5,097,000 | 6,697,000 | -900,000 | -1,995,000 | -423,000 | |||
net cash from operating activities | 29,377,000 | 13,337,000 | -15,182,000 | -3,149,000 | 40,452,000 | -12,644,000 | 27,257,000 | 19,100,000 | -16,266,000 | -4,779,000 | 28,989,000 | 27,676,000 | -28,275,000 | -27,899,000 | -13,348,000 | 9,952,000 | -22,727,000 | -8,639,000 | 21,087,000 | 18,411,000 | 796,000 | 14,316,000 | 17,526,000 | 12,070,000 | -10,868,000 | -2,790,000 | 40,962,000 | -1,109,000 | -2,983,000 | 8,296,000 | 38,045,000 | -5,873,000 | -17,356,000 | -6,800,000 | 33,447,000 | -4,947,000 | -15,120,000 | -6,760,000 | 24,997,000 | -4,187,000 | -19,113,000 | -9,509,000 | 17,676,000 | -2,737,000 | -12,573,000 | -8,426,000 | 8,902,000 | -1,847,045 | -856,136 | ||
capital expenditures | -276,000 | -250,000 | -673,000 | -330,000 | -166,000 | -1,236,000 | -731,000 | -235,000 | -672,000 | -365,000 | -887,000 | -1,654,000 | -688,000 | -596,000 | -611,000 | -1,076,000 | -1,229,000 | -1,036,000 | -2,280,000 | -1,745,000 | -1,615,000 | -1,413,000 | -890,000 | -284,000 | -621,000 | -450,000 | -557,000 | 0 | 0 | -48,000 | -354,000 | -1,827,000 | -2,078,000 | -358,000 | -148,000 | -969,000 | -615,000 | -334,000 | -1,311,000 | -2,461,000 | -1,749,000 | -476,000 | -2,007,000 | -1,589,000 | -1,333,000 | -146,000 | -468,000 | -3,181 | -4,474 | ||
free cash flows | 29,101,000 | 13,087,000 | -15,855,000 | -3,479,000 | 40,286,000 | -13,880,000 | 26,526,000 | 18,865,000 | -16,938,000 | -5,144,000 | 28,102,000 | 26,022,000 | -28,963,000 | -28,495,000 | -13,959,000 | 8,876,000 | -23,956,000 | -9,675,000 | 18,807,000 | 16,666,000 | -819,000 | 12,903,000 | 16,636,000 | 11,786,000 | -11,489,000 | -3,240,000 | 40,405,000 | -1,109,000 | -2,983,000 | 8,248,000 | 37,691,000 | -7,700,000 | -19,434,000 | -7,158,000 | 33,299,000 | -5,916,000 | -15,735,000 | -7,094,000 | 23,686,000 | -6,648,000 | -20,862,000 | -9,985,000 | 15,669,000 | -4,326,000 | -13,906,000 | -8,572,000 | 8,434,000 | -1,850,226 | -860,610 | ||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -276,000 | -250,000 | -673,000 | -330,000 | -166,000 | -1,522,000 | -1,425,000 | -1,236,000 | -731,000 | -235,000 | -672,000 | -365,000 | -887,000 | -1,654,000 | -688,000 | -596,000 | -611,000 | -1,076,000 | -1,229,000 | -1,036,000 | -2,280,000 | -1,745,000 | -1,615,000 | -1,413,000 | -890,000 | -284,000 | -621,000 | -450,000 | -557,000 | ||||||||||||||||||||||
acquisition of a business, net of cash acquired | 0 | 0 | 0 | 2,515,000 | 0 | 0 | -1,800,000 | -75,494,000 | 0 | 0 | 0 | -2,500,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||
net cash from investing activities | -276,000 | -250,000 | -673,000 | -330,000 | 2,349,000 | -1,522,000 | -1,425,000 | -3,036,000 | -76,225,000 | -235,000 | -672,000 | -365,000 | -887,000 | -1,654,000 | -688,000 | -596,000 | -611,000 | -1,076,000 | -1,229,000 | -1,036,000 | -4,780,000 | -1,745,000 | -1,615,000 | -1,413,000 | -890,000 | -284,000 | -621,000 | -13,117,000 | -557,000 | -3,033,000 | -1,644,000 | -48,000 | -354,000 | -1,827,000 | -2,078,000 | -358,000 | -148,000 | -969,000 | -615,000 | -334,000 | -1,311,000 | -2,461,000 | -1,749,000 | -476,000 | -2,007,000 | -1,589,000 | -1,333,000 | -146,000 | 3,625,000 | -105,924 | -22,821 |
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings on revolving credit facilities | 3,000 | 45,903,000 | 75,070,000 | 65,276,000 | 162,321,000 | 0 | 80,288,000 | 60,215,000 | 50,210,000 | 45,893,000 | 53,892,000 | 0 | 55,736,000 | 0 | 0 | 23,826,000 | 97,032,000 | 138,107,000 | 137,060,000 | 0 | 48,426,000 | 71,823,000 | 48,634,000 | 51,334,000 | 48,119,000 | 155,263,000 | 123,819,000 | 44,420,000 | 37,571,000 | 74,529,000 | 46,256,000 | 21,250,000 | 30,659,000 | 77,110,000 | 49,109,000 | 32,847,000 | 49,854,000 | 78,135,000 | 54,327,000 | 38,854,000 | 46,328,000 | 64,925,000 | 38,686,000 | 9,881,000 | 44,490,000 | ||||||
repayment of revolving credit facilities | -29,386,000 | -32,356,000 | -61,723,000 | -108,096,000 | -127,724,000 | 24,029,000 | -80,288,000 | -73,476,000 | -36,949,000 | -45,893,000 | -72,945,000 | -25,565,000 | -26,825,000 | 0 | 0 | -23,826,000 | -97,032,000 | -138,107,000 | -137,060,000 | -301,000 | -63,780,000 | -82,729,000 | -32,875,000 | -40,532,000 | -85,504,000 | -121,401,000 | -120,295,000 | -47,062,000 | -73,396,000 | -60,855,000 | -26,639,000 | -16,074,000 | -66,564,000 | -67,504,000 | -30,002,000 | -26,188,000 | -81,774,000 | -66,299,000 | -48,544,000 | -39,559,000 | -67,652,000 | -56,725,000 | -29,280,000 | -25,114,000 | -49,736,000 | ||||||
repayment of term loan | -2,143,000 | -2,143,000 | -45,476,000 | -5,313,000 | -312,000 | -313,000 | -312,000 | -313,000 | -104,000 | -12,500,000 | 0 | 0 | -2,485,000 | -1,204,000 | -1,016,000 | -401,000 | -1,203,000 | -1,204,000 | -1,203,000 | -3,141,000 | -641,000 | 0 | 0 | 0 | -14,500,000 | ||||||||||||||||||||||||||
proceeds from exercise of stock options | 43,000 | 1,788,000 | 107,000 | 5,000 | 149,000 | 217,000 | 219,000 | 146,000 | 66,000 | 94,250 | 1,874 | ||||||||||||||||||||||||||||||||||||||||
repurchase of common stock | -2,199,000 | -1,950,000 | -10,255,000 | -5,010,000 | -1,750,000 | -2,439,000 | -10,132,000 | 0 | 0 | 0 | -584,000 | -442,000 | |||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -33,682,000 | -8,107,000 | 17,270,000 | 3,131,000 | -44,877,000 | -11,614,000 | 24,489,000 | 10,193,000 | 47,983,000 | -12,718,000 | 13,621,000 | 259,000 | -19,008,000 | -25,538,000 | 28,999,000 | 15,884,000 | 361,000 | 1,931,000 | 6,361,000 | -320,000 | -15,384,000 | -11,428,000 | 15,381,000 | 9,330,000 | -37,463,000 | 5,138,000 | 1,746,000 | -3,528,000 | -38,485,000 | 12,397,000 | 18,601,000 | 4,749,000 | -35,909,000 | 8,845,000 | 17,848,000 | 5,231,000 | -27,711,000 | 10,765,000 | 20,931,000 | 10,701,000 | -21,263,000 | 8,083,000 | 9,745,000 | 11,753,000 | -13,612,000 | 267,985 | 1,874 | ||||
effect of exchange rate changes on cash and cash equivalents | -62,000 | -274,000 | -863,000 | 369,000 | 765,000 | -1,986,000 | 1,443,000 | 133,000 | 75,000 | 239,000 | -130,000 | 99,000 | 83,000 | 407,000 | -408,000 | -212,000 | -422,000 | -95,000 | -447,000 | 804,000 | -719,000 | 819,000 | 517,000 | -110,000 | -768,000 | 854,000 | -301,000 | -133,000 | 136,000 | -96,000 | -49,000 | 53,000 | -118,000 | 77,000 | 68,000 | 34,000 | 40,000 | -23,000 | 2,000 | -203,000 | 139,000 | -77,000 | -15,000 | 163,000 | -173,000 | -265,000 | -381,000 | 225,000 | 128,000 | ||
net decrease in cash and cash equivalents | -4,643,000 | 552,000 | 21,000 | -1,311,000 | 4,773,000 | -912,000 | 4,774,000 | -765,000 | -2,375,000 | -2,570,000 | 2,115,000 | -2,066,000 | -3,886,000 | -5,767,000 | -957,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents at the beginning of period | 16,963,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at the end of period | 12,320,000 | 4,706,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of information | |||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment purchases included in accounts payable and accrued liabilities | 245,000 | 17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income | -664,000 | 155,000 | -23,233,000 | -12,011,000 | -17,826,000 | -6,476,000 | 4,539,000 | 2,623,000 | 1,721,000 | 8,838,000 | 16,303,000 | 17,794,000 | 8,204,000 | -3,555,000 | 20,386,000 | -3,124,000 | -2,373,000 | 3,055,000 | 16,204,000 | 14,723,000 | 6,301,000 | 1,962,000 | -46,536,000 | -15,880,000 | -9,898,000 | -10,593,000 | -1,252,120 | ||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
fair value step-up adjustment to acquired inventory | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | -2,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | 58,000 | 229,000 | 13,000 | 131,000 | -1,000 | 46,000 | -61,000 | 64,000 | 39,000 | ||||||||||||||||||||||||||||||||||||||||||
loss on impairment of assets | 32,084,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other | -7,774,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings on revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from term loan | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options and warrants | 352,000 | 63,000 | 1,684,000 | 1,257,000 | 543,000 | 360,000 | 1,233,000 | 125,000 | 27,000 | 88,000 | 177,000 | 361,000 | 881,000 | 1,146,000 | 2,351,000 | 911,000 | 2,040,000 | 2,096,000 | 41,000 | 18,000 | 116,000 | 120,000 | 71,000 | 23,000 | 138,000 | 536,000 | 559,000 | ||||||||||||||||||||||||
debt financing costs | 0 | -207,000 | 0 | -230,000 | -175,000 | -350,000 | -44,000 | -187,000 | -574,000 | -679,000 | -1,418,000 | 38,000 | -75,000 | -174,000 | -115,000 | 25,000 | -1,419,000 | ||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -808,000 | 1,341,000 | -5,354,000 | -910,000 | 6,386,000 | -3,447,000 | -4,786,000 | 9,177,000 | 891,000 | -372,000 | -12,823,000 | -14,020,000 | 9,662,000 | -28,139,000 | -6,768,000 | 16,284,000 | 19,416,000 | 6,059,000 | 12,473,000 | 484,000 | 1,212,000 | 3,591,000 | -6,710,000 | 3,078,000 | 900,000 | ||||||||||||||||||||||||||
cash paid for interest | 1,930,000 | 2,615,000 | 2,297,000 | 1,854,000 | 370,000 | 217,000 | 57,000 | 36,000 | 190,000 | 603,000 | 268,000 | 44,000 | 64,000 | 64,000 | 42,000 | 24,000 | 64,000 | 64,000 | 47,000 | 37,000 | 161,000 | 281,000 | 180,000 | 40,000 | 268,000 | 434,000 | 299,000 | 281,000 | 482,000 | 611,000 | 446,000 | 405,000 | 513,000 | 579,000 | 482,000 | 424,000 | 568,000 | 751,000 | 442,000 | 239,000 | 299,000 | 1,427,000 | 220,000 | 999,000 | 563,000 | ||||||
cash paid for income taxes, net of refunds | |||||||||||||||||||||||||||||||||||||||||||||||||||
unpaid debt financing costs | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - beginning of period | 0 | 12,995,000 | 0 | 0 | 0 | 18,726,000 | 0 | 0 | 0 | 11,396,000 | 0 | 0 | 0 | 37,720,000 | 0 | 0 | 0 | 46,681,000 | 0 | 0 | 0 | 8,249,000 | 0 | 0 | 0 | 7,078,000 | 0 | 0 | 0 | 5,247,000 | 0 | 0 | 0 | 6,183,000 | 0 | 0 | 0 | 7,114,000 | 0 | 0 | 0 | 7,908,000 | 0 | 0 | 0 | 6,509,000 | |||||
cash and cash equivalents - end of period | 21,000 | 11,684,000 | -808,000 | 1,341,000 | -5,354,000 | 17,816,000 | 6,386,000 | -3,447,000 | -4,786,000 | 20,573,000 | 891,000 | -372,000 | -12,823,000 | 23,700,000 | 9,662,000 | -28,139,000 | -6,768,000 | 62,965,000 | 19,416,000 | 6,059,000 | 12,473,000 | 8,733,000 | 1,212,000 | 3,591,000 | -6,710,000 | 10,156,000 | 900,000 | -2,930,000 | 4,773,000 | 4,335,000 | 4,774,000 | -765,000 | -2,375,000 | 3,613,000 | 2,906,000 | 2,115,000 | -2,066,000 | 3,228,000 | 4,040,000 | 54,000 | 879,000 | 2,141,000 | 3,492,000 | -4,542,000 | 3,406,000 | 5,552,000 | |||||
proceeds of term loan | 0 | 0 | 0 | 50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | 173,000 | -89,000 | 312,000 | 199,000 | -2,665,000 | 126,000 | 4,000 | 8,036,000 | 5,000 | 756,000 | -131,000 | 175,000 | 0 | 364,000 | 163,000 | 13,000 | 14,000 | ||||||||||||||||||||||||||||||||||
incremental costs on acquired inventory | |||||||||||||||||||||||||||||||||||||||||||||||||||
inventory recorded to net realizable value | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss on impairment of long-lived assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
accrual for purchases of property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs recognized on sale of acquired inventory | 834,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used for) by operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs | 273,000 | 0 | -3,170,000 | 0 | 0 | -80,000 | |||||||||||||||||||||||||||||||||||||||||||||
loss on impairment of intangible assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in fair value of contingent consideration | |||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock to satisfy employee tax withholding obligations | 0 | 0 | -248,000 | -215,000 | -110,000 | -107,000 | -60,000 | -48,000 | -54,000 | -56,000 | -44,000 | -101,000 | |||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | 18,000 | 0 | 33,000 | 5,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity securities | 1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on financial instrument obligation | 0 | 0 | 0 | -1,601,000 | |||||||||||||||||||||||||||||||||||||||||||||||
decrease in unrecognized tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification of financial instrument obligation | 0 | 0 | 0 | 6,248,000 | |||||||||||||||||||||||||||||||||||||||||||||||
increase in fair value of contingent consideration | 175,000 | 314,000 | 21,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash cash from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (cash from) financing activities | 2,103,000 | 696,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest on series b redeemable preferred stock | 0 | 0 | 125,000 | 376,000 | 374,000 | 365,000 | 355,000 | 347,000 | 346,000 | 338,000 | 328,000 | 323,000 | 320,000 | 311,000 | 303,000 | 296,000 | 295,000 | 368,000 | 270,000 | 270,000 | |||||||||||||||||||||||||||||||
paid-in-kind interest | 491,000 | 591,000 | 665,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of subordinated notes - related party | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of series b redeemable preferred stock | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash portion of loss on debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||
exchange of series b redeemable preferred stock | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on financial instrument obligation | |||||||||||||||||||||||||||||||||||||||||||||||||||
reversal of sales returns reserve | 784,000 | -1,273,000 | 229,000 | -880,000 | -1,558,000 | 758,000 | -2,948,000 | -2,741,000 | 528,000 | 303,000 | -5,102,000 | 1,265,000 | |||||||||||||||||||||||||||||||||||||||
provision for (reversal of) sales returns reserve | -2,553,000 | 3,865,000 | -2,532,000 | 2,582,000 | |||||||||||||||||||||||||||||||||||||||||||||||
provision for (reversal of ) doubtful accounts | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of capital leases | 0 | 0 | 0 | -4,000 | -10,000 | -12,000 | -16,000 | -3,000 | -10,000 | -10,000 | -10,000 | -10,000 | -9,000 | -9,000 | -10,000 | -6,000 | |||||||||||||||||||||||||||||||||||
settlement of series b preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||
exchange of series b preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | |||||||||||||||||||||||||||||||||||||||||||||||||||
paid in kind interest | 664,000 | 648,000 | 614,000 | 582,000 | 571,000 | 546,000 | 524,000 | 515,000 | 438,000 | 358,000 | 185,000 | 184,000 | 373,000 | 396,000 | |||||||||||||||||||||||||||||||||||||
loss on impairment of hypersound assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | -48,000 | -354,000 | -1,827,000 | -2,078,000 | -358,000 | -148,000 | -969,000 | -615,000 | -334,000 | -1,311,000 | -2,461,000 | -1,749,000 | -476,000 | -2,007,000 | -1,589,000 | -1,333,000 | -146,000 | -468,000 | |||||||||||||||||||||||||||||||||
borrowings on term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of subordinated notes | -7,692,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of common stock, net of issuance costs | 0 | 0 | -21,000 | 5,989,000 | 0 | 6,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of subordinated notes | 0 | 0 | 0 | 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
issuance of warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||
due to shareholders | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired in business combinations | |||||||||||||||||||||||||||||||||||||||||||||||||||
value of shares issued to acquire hypersound business | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
conversion of series a preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of subordinated notes - related party | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
provision for (reversal of) doubtful accounts | |||||||||||||||||||||||||||||||||||||||||||||||||||
reversal of doubtful accounts | -90,000 | 136,000 | 7,000 | -151,000 | |||||||||||||||||||||||||||||||||||||||||||||||
benefit from (reversal of) sales returns reserve | |||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from (reversal of) doubtful accounts | |||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from obsolete inventory | 424,000 | -59,000 | 43,000 | 699,000 | |||||||||||||||||||||||||||||||||||||||||||||||
provision of (reversal of) doubtful accounts | -1,000 | 57,000 | -55,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired in business combination | 0 | 0 | 4,093,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
provision of (reversal of) sales returns reserve | -2,976,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
gain on bargain purchase from acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired (cash paid) in business combinations | |||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on common and preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of accounts receivable related to acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation | 543,813 | 253,663 | |||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of property and equipment | 1,814,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 81,000 | 39,966 | 14,769 | ||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | -646,000 | 42,044 | 22,836 | ||||||||||||||||||||||||||||||||||||||||||||||||
value of shares issued to acquire parametric | 113,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
warranty provision | 1,539 | 3,794 | |||||||||||||||||||||||||||||||||||||||||||||||||
non-cash inventory reserve | -1,985 | -13,604 | |||||||||||||||||||||||||||||||||||||||||||||||||
warrants issued for services | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash research and development supplies | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred officer compensation | |||||||||||||||||||||||||||||||||||||||||||||||||||
warranty settlements | -3,553 | -2,616 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures for property and equipment | -3,181 | -4,474 | |||||||||||||||||||||||||||||||||||||||||||||||||
patent costs paid | -102,743 | -18,347 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of common stock and warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||
offering costs paid | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of warrants | 182,835 | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments on capital lease obligation | -9,100 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash | -1,684,984 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | -1,684,984 | ||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing and financing information: | |||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | |||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | |||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued for technology purchased from related party | |||||||||||||||||||||||||||||||||||||||||||||||||||
equipment acquired with capital lease | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred officer compensation paid in common shares | |||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs relating to warrants issued to underwriter | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for technology purchased from related party | |||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash | -877,083 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash, beginning of period | 5,527,647 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash, end of period | 4,650,564 | ||||||||||||||||||||||||||||||||||||||||||||||||||
payable to related party for technology purchased | |||||||||||||||||||||||||||||||||||||||||||||||||||
6 |