10-Q Filing

MITEK SYSTEMS INC CIK: 807863 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000807863-21-000016`
Period End Date	20201231
Filing Date	20210201
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	mitk-20201231_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, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.72M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$40.03M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$40.24M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$15.61M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.71M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$4.46M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$5.19M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.78M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.34M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	42.67M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.47M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.84M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	42.67M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.97M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.78M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$87.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$84.13M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$5.60M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$1.96M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.61M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.41M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.12M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$18.42M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$19.29M	USD	Point-in-time
Goodwill	`Goodwill`	$35.67M	USD	Point-in-time
Goodwill	`Goodwill`	$37.32M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$13.48M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$14.21M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$5.23M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$5.61M	USD	Point-in-time
Total assets	`Assets`	$169.15M	USD	Point-in-time
Total assets	`Assets`	$177.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.91M	USD	Point-in-time
Accrued payroll and related taxes	`EmployeeRelatedLiabilitiesCurrent`	$8.88M	USD	Point-in-time
Accrued payroll and related taxes	`EmployeeRelatedLiabilitiesCurrent`	$6.47M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$7.97M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$9.74M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$1.82M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$1.75M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$790.00K	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$753.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.02M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$940.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$23.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$24.36M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$1.60M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$1.15M	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$5.33M	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$5.02M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.92M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.65M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$982.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$36.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$35.28M	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, 42,668,376 and 41,779,853 issued and outstanding, as of December 31, 2020 and September 30, 2020, respectively	`CommonStockValue`	$42.00K	USD	Point-in-time
Common stock, $0.001 par value, 60,000,000 shares authorized, 42,668,376 and 41,779,853 issued and outstanding, as of December 31, 2020 and September 30, 2020, respectively	`CommonStockValue`	$43.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$146.52M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$151.15M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.38M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-323.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-11.83M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.99M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$111.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$132.24M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$141.75M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$107.33M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$177.03M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$169.15M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$25.98M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.07M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$7.38M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$6.65M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.29M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$6.17M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.29M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.06M	USD	1 Quarter
Acquisition-related costs and expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.69M	USD	1 Quarter
Acquisition-related costs and expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.61M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$24.44M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$21.77M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$298.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.54M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$96.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$303.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.63M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$601.00K	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-534.00K	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$41.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$560.00K	USD	1 Quarter
Net income per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Net income per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Shares used in calculating net income per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	42.48M	shares	1 Quarter
Shares used in calculating net income per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.62M	shares	1 Quarter
Shares used in calculating net income per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.90M	shares	1 Quarter
Shares used in calculating net income per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.83M	shares	1 Quarter
Net income	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$560.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.76M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.25M	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.87M	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.81M	USD	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$560.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.30M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.75M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.61M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$406.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$390.00K	USD	1 Quarter
Amortization of investment premiums and other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-72.00K	USD	1 Quarter
Amortization of investment premiums and other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$38.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$66.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-669.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-3.08M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-2.18M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$1.76M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.53M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$226.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$342.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-501.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$677.00K	USD	1 Quarter
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.51M	USD	1 Quarter
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.90M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.43M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.27M	USD	1 Quarter
Restructuring accrual	`IncreaseDecreaseInRestructuringReserve`	$-923.00K	USD	1 Quarter
Restructuring accrual	`IncreaseDecreaseInRestructuringReserve`	-	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-195.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-199.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.73M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.19M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$10.13M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$12.11M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$3.15M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$8.14M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$400.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$205.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.37M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.19M	USD	1 Quarter
Proceeds from the issuance of equity plan common stock	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$73.00K	USD	1 Quarter
Proceeds from the issuance of equity plan common stock	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.89M	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$78.00K	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$18.00K	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`	$1.87M	USD	1 Quarter
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.00K	USD	1 Quarter
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.74M	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`	$26.72M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.99M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.79M	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`	$26.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.99M	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`	$16.75M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$149.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Unrealized holding gain (loss) on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Unrealized holding gain (loss) 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`	42.67M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	41.78M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$111.52M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$132.24M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$141.75M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$107.33M	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	241,490.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$73.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.89M	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`	$2.75M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$560.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.76M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.25M	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.87M	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.81M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesOutstanding`	42.67M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	41.78M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$111.52M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$132.24M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$141.75M	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.