10-Q Filing

MITEK SYSTEMS INC CIK: 807863 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000807863-22-000020`
Period End Date	20211231
Filing Date	20220204
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	mitk-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 40 Cash Flow Statement 64 Stockholders Equity 28

Balance Sheet 96 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.21M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.31M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$149.06M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$137.75M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.93M	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$4.08M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$4.41M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.17M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.30M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.92M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.54M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.08M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.30M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.17M	shares	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$188.34M	USD	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	7,773.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$204.06M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$56.26M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$48.05M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.65M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$6.56M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$7.06M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$28.73M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$26.29M	USD	Point-in-time
Goodwill	`Goodwill`	$62.30M	USD	Point-in-time
Goodwill	`Goodwill`	$63.10M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$10.68M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$10.51M	USD	Point-in-time
Convertible senior notes hedge	`DerivativeAssetsNoncurrent`	$48.21M	USD	Point-in-time
Convertible senior notes hedge	`DerivativeAssetsNoncurrent`	$42.82M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$6.31M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$6.10M	USD	Point-in-time
Total assets	`Assets`	$403.00M	USD	Point-in-time
Total assets	`Assets`	$419.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.57M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.51M	USD	Point-in-time
Accrued payroll and related taxes	`EmployeeRelatedLiabilitiesCurrent`	$11.78M	USD	Point-in-time
Accrued payroll and related taxes	`EmployeeRelatedLiabilitiesCurrent`	$7.21M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$8.17M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$10.38M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$1.97M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$1.94M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$11.05M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$11.21M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.77M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$122.63M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$120.92M	USD	Point-in-time
Embedded conversion derivative	`DerivativeLiabilitiesNoncurrent`	$42.82M	USD	Point-in-time
Embedded conversion derivative	`DerivativeLiabilitiesNoncurrent`	$48.21M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$644.00K	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$955.00K	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$6.00M	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$6.59M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.12M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.02M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$6.68M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$6.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$226.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$215.57M	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, 44,296,771 and 44,168,745 issued and outstanding, as of December 31, 2021 and September 30, 2021, respectively	`CommonStockValue`	$44.00K	USD	Point-in-time
Common stock, $0.001 par value, 60,000,000 shares authorized, 44,296,771 and 44,168,745 issued and outstanding, as of December 31, 2021 and September 30, 2021, respectively	`CommonStockValue`	$44.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$199.94M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$203.09M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-943.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.48M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.07M	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	-	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	$140.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$192.83M	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`	$187.43M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$403.00M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$419.69M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.47M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$25.98M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$7.38M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$8.44M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.61M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$6.17M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.96M	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`	$2.28M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$27.64M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$24.44M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.54M	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$2.01M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$96.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$135.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.96M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.63M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-168.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-534.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Net income per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Net income per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.07	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`	44.79M	shares	1 Quarter
Shares used in calculating net income per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.16M	shares	1 Quarter
Shares used in calculating net income per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.90M	shares	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.27M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.76M	USD	1 Quarter
Unrealized loss on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Unrealized loss on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-270.00K	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.87M	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.59M	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.13M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.75M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.17M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$284.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$390.00K	USD	1 Quarter
Amortization of investment premiums & other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-480.00K	USD	1 Quarter
Amortization of investment premiums & other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-72.00K	USD	1 Quarter
Accretion and amortization on debt securities	`InvestmentIncomeAmortizationOfPremium`	$1.72M	USD	1 Quarter
Accretion and amortization on debt securities	`InvestmentIncomeAmortizationOfPremium`	-	USD	1 Quarter
Net changes in estimated fair value of acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$30.00K	USD	1 Quarter
Net changes in estimated fair value of acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-348.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-669.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-3.08M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$402.00K	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.53M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$175.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$342.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$864.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-501.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$80.00K	USD	1 Quarter
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.51M	USD	1 Quarter
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.52M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.50M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.27M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$34.00K	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`	$2.25M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$35.31M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$12.11M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$8.14M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$37.66M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$295.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$400.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.37M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.05M	USD	1 Quarter
Proceeds from the issuance of equity plan common stock	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$25.00K	USD	1 Quarter
Proceeds from the issuance of equity plan common stock	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.89M	USD	1 Quarter
Repurchases and retirements of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases and retirements of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.14M	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$17.00K	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$18.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.14M	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`	$506.00K	USD	1 Quarter
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-266.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.10M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.74M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.99M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.72M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.31M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.21M	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`	$26.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.21M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$149.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$170.00K	USD	1 Quarter
Unrealized holding loss on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Unrealized holding loss on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-270.00K	USD	1 Quarter

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	44.30M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	44.17M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$192.83M	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`	$187.43M	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	9,375.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.89M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$25.00K	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`	$3.13M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.75M	USD	1 Quarter
Repurchases and retirements of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$10.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.27M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.76M	USD	1 Quarter
Unrealized holding loss on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Unrealized holding loss on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-270.00K	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.87M	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.59M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesOutstanding`	44.30M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	44.17M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$192.83M	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`	$187.43M	USD	Point-in-time

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