10-Q Filing

MITEK SYSTEMS INC CIK: 807863 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000807863-20-000018`
Period End Date	20191231
Filing Date	20200207
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	mitk-20191231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 38 Cash Flow Statement 60 Stockholders Equity 27

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.75M	USD	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.79M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$18.27M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$16.50M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$14.94M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.88M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$2.31M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$2.35M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	40.37M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.49M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.98M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	40.86M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.10M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.58M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	40.37M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	40.86M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$54.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$51.81M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$1.55M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$6.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.06M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.23M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$6.54M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$23.34M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$24.41M	USD	Point-in-time
Goodwill	`Goodwill`	$34.23M	USD	Point-in-time
Goodwill	`Goodwill`	$32.64M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$16.60M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$16.56M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.35M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$3.66M	USD	Point-in-time
Total assets	`Assets`	$147.00M	USD	Point-in-time
Total assets	`Assets`	$135.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.27M	USD	Point-in-time
Accrued payroll and related taxes	`EmployeeRelatedLiabilitiesCurrent`	$4.56M	USD	Point-in-time
Accrued payroll and related taxes	`EmployeeRelatedLiabilitiesCurrent`	$6.41M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$7.98M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$5.61M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$1.29M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$1.06M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$1.04M	USD	Point-in-time
Restructuring accrual	`RestructuringReserveCurrent`	$630.00K	USD	Point-in-time
Restructuring accrual	`RestructuringReserveCurrent`	$1.53M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.91M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.05M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$736.00K	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$821.00K	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$6.71M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$5.55M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$5.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.23M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$35.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$28.56M	USD	Point-in-time
Preferred stock, $0.001 par value, 1,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 1,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 60,000,000 shares authorized, 40,864,686 and 40,367,456 issued and outstanding, as of December 31, 2019 and September 30, 2019, respectively	`CommonStockValue`	$40.00K	USD	Point-in-time
Common stock, $0.001 par value, 60,000,000 shares authorized, 40,864,686 and 40,367,456 issued and outstanding, as of December 31, 2019 and September 30, 2019, respectively	`CommonStockValue`	$41.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$134.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$132.16M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.06M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.81M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.25M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.81M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$95.39M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$95.57M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$111.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$107.33M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$135.90M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$147.00M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.07M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$17.68M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$7.21M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$7.33M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.49M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.61M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.29M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.84M	USD	1 Quarter
Acquisition-related costs and expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.61M	USD	1 Quarter
Acquisition-related costs and expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.83M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$22.24M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$21.77M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$298.00K	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-4.56M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$303.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$14.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$601.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.55M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-1.35M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$41.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$560.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.19M	USD	1 Quarter
Net income (loss) per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Net income (loss) per share basic (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Net income (loss) per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Net income (loss) per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Shares used in calculating net income (loss) per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.62M	shares	1 Quarter
Shares used in calculating net income (loss) per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.25M	shares	1 Quarter
Shares used in calculating net income (loss) per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.25M	shares	1 Quarter
Shares used in calculating net income (loss) per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.83M	shares	1 Quarter
Net income (loss)	`NetIncomeLoss`	$560.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.19M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-824.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.25M	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$13.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	1 Quarter
Other comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-4.00M	USD	1 Quarter
Other comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.81M	USD	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$560.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.19M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.67M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.30M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.77M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$373.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$406.00K	USD	1 Quarter
Amortization of investment premiums and other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$38.00K	USD	1 Quarter
Amortization of investment premiums and other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$9.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.63M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$66.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-2.18M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-3.92M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$92.00K	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$1.76M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$226.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$641.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$943.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$677.00K	USD	1 Quarter
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.81M	USD	1 Quarter
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.90M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-205.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.43M	USD	1 Quarter
Restructuring accrual	`IncreaseDecreaseInRestructuringReserve`	-	USD	1 Quarter
Restructuring accrual	`IncreaseDecreaseInRestructuringReserve`	$-923.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-195.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$189.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.19M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.30M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$10.13M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$1.73M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$950.00K	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$3.15M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$508.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$205.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.29M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.19M	USD	1 Quarter
Proceeds from the issuance of equity plan common stock	`ProceedsFromStockOptionsAndWarrantsExercised`	$73.00K	USD	1 Quarter
Proceeds from the issuance of equity plan common stock	`ProceedsFromStockOptionsAndWarrantsExercised`	$586.00K	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$164.00K	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$78.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$422.00K	USD	1 Quarter
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-23.00K	USD	1 Quarter
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.41M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.96M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.03M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.44M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.03M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.44M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.75M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$69.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Unrealized holding gain on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$13.00K	USD	1 Quarter
Unrealized holding gain on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	1 Quarter

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	40.37M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	40.86M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$95.39M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$95.57M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$111.52M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$107.33M	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	23,318.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$73.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$586.00K	USD	1 Quarter
Settlement of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Settlement of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.30M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$560.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.19M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-824.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.25M	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$13.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	1 Quarter
Other comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-4.00M	USD	1 Quarter
Other comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.81M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesOutstanding`	40.37M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	40.86M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$95.39M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$95.57M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$111.52M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$107.33M	USD	Point-in-time

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