10-Q Filing

MITEK SYSTEMS INC CIK: 807863 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000807863-22-000104`
Period End Date	20220630
Filing Date	20221028
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	mitk-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 106 Income Statement 84 Cash Flow Statement 94 Stockholders Equity 47

Balance Sheet 106 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`	$21.54M	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`	$49.53M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$29.62M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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
Contract assets	`ContractWithCustomerAssetNetCurrent`	$4.08M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$5.12M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.92M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.17M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.40M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.08M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.17M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.19M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.08M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.40M	shares	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$112.09M	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`	$19.53M	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`	$3.80M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.48M	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`	$85.74M	USD	Point-in-time
Goodwill	`Goodwill`	$63.10M	USD	Point-in-time
Goodwill	`Goodwill`	$127.99M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$12.99M	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`	-	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$6.31M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$6.96M	USD	Point-in-time
Total assets	`Assets`	$374.60M	USD	Point-in-time
Total assets	`Assets`	$419.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.98M	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`	$10.28M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$480.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$4.43M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$13.22M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$10.38M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$1.94M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$1.90M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$11.05M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$4.98M	USD	Point-in-time
Restructuring accrual	`RestructuringReserveCurrent`	-	USD	Point-in-time
Restructuring accrual	`RestructuringReserveCurrent`	$1.81M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$1.33M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.86M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.79M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$126.16M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$120.92M	USD	Point-in-time
Embedded conversion derivative	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Embedded conversion derivative	`DerivativeLiabilitiesNoncurrent`	$48.21M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$955.00K	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$1.41M	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$6.59M	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$4.78M	USD	Point-in-time
Deferred income tax liabilities, non current portion	`DeferredIncomeTaxLiabilitiesNet`	$19.23M	USD	Point-in-time
Deferred income tax liabilities, non current portion	`DeferredIncomeTaxLiabilitiesNet`	$4.12M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.92M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$6.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$197.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$226.86M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	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, 120,000,000 and 60,000,000 shares authorized, 44,396,263 and 44,168,745 issued and outstanding, as of June 30, 2022 and September 30, 2021, respectively	`CommonStockValue`	$44.00K	USD	Point-in-time
Common stock, $0.001 par value, 120,000,000 and 60,000,000 shares authorized, 44,396,263 and 44,168,745 issued and outstanding, as of June 30, 2022 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`	$211.21M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-943.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-16.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.07M	USD	Point-in-time
Treasury stock, at cost, no shares and 7,773 shares as of June 30, 2022 and September 30, 2021, respectively	`TreasuryStockValue`	$140.00K	USD	Point-in-time
Treasury stock, at cost, no shares and 7,773 shares as of June 30, 2022 and September 30, 2021, respectively	`TreasuryStockValue`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$167.73M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$188.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$192.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$185.47M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$132.24M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$177.32M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$419.69M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$374.60M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$39.33M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$106.52M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$31.78M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$86.53M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$8.13M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$28.86M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$11.22M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$24.05M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$19.80M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$25.46M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$9.61M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$6.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.63M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.59M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.63M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.41M	USD	3 Qtrs
Amortization and acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$5.58M	USD	3 Qtrs
Amortization and acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.28M	USD	1 Quarter
Amortization and acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$2.22M	USD	1 Quarter
Amortization and acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$9.95M	USD	3 Qtrs
Restructuring costs	`RestructuringCharges`	-	USD	3 Qtrs
Restructuring costs	`RestructuringCharges`	$1.81M	USD	1 Quarter
Restructuring costs	`RestructuringCharges`	-	USD	1 Quarter
Restructuring costs	`RestructuringCharges`	$1.81M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$95.94M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$26.35M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$77.17M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$37.09M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.24M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.43M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.35M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$10.58M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.08M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.54M	USD	3 Qtrs
Interest expense	`InterestExpense`	$6.12M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.22M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$89.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-8.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$549.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$80.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.44M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.29M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.36M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$255.00K	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$187.00K	USD	3 Qtrs
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-504.00K	USD	3 Qtrs
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-556.00K	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$304.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.95M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$811.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.98M	USD	1 Quarter
Net income per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	3 Qtrs
Net income per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Net income per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	3 Qtrs
Net income per share basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.14	USD	3 Qtrs
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`	$0.02	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	3 Qtrs
Shares used in calculating net income per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.67M	shares	1 Quarter
Shares used in calculating net income per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.72M	shares	3 Qtrs
Shares used in calculating net income per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.77M	shares	1 Quarter
Shares used in calculating net income per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.15M	shares	3 Qtrs
Shares used in calculating net income per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.65M	shares	3 Qtrs
Shares used in calculating net income per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.22M	shares	1 Quarter
Shares used in calculating net income per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.19M	shares	1 Quarter
Shares used in calculating net income per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.79M	shares	3 Qtrs
Net income	`NetIncomeLoss`	$4.95M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$811.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.98M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$859.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-13.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$747.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-16.72M	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-189.00K	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$909.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-175.00K	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$11.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$6.86M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.74M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-11.96M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-11.88M	USD	1 Quarter

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.95M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$811.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.98M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$10.12M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.58M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$9.18M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.70M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$5.24M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.06M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.12M	USD	3 Qtrs
Amortization of investment premiums & other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.35M	USD	3 Qtrs
Amortization of investment premiums & other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-774.00K	USD	3 Qtrs
Accretion and amortization on debt securities	`InvestmentIncomeAmortizationOfPremium`	$3.08M	USD	3 Qtrs
Accretion and amortization on debt securities	`InvestmentIncomeAmortizationOfPremium`	$5.24M	USD	3 Qtrs
Net changes in estimated fair value of acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Net changes in estimated fair value of acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.20M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.14M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-263.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$12.30M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$2.68M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-2.33M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$1.74M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.09M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.47M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.15M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.40M	USD	3 Qtrs
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.64M	USD	3 Qtrs
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$428.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.93M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.08M	USD	3 Qtrs
Restructuring accrual	`IncreaseDecreaseInRestructuringReserve`	$1.90M	USD	3 Qtrs
Restructuring accrual	`IncreaseDecreaseInRestructuringReserve`	-	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$175.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.10M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.01M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.02M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$186.44M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$47.82M	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$173.20M	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$52.54M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.55M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$126.61M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$929.00K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$966.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.16M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-147.42M	USD	3 Qtrs
Proceeds from the issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from the issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$155.25M	USD	3 Qtrs
Payment for convertible senior notes issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment for convertible senior notes issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.51M	USD	3 Qtrs
Purchase of 2026 convertible senior notes hedge	`PaymentsForDerivativeInstrumentFinancingActivities`	$33.19M	USD	3 Qtrs
Purchase of 2026 convertible senior notes hedge	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	3 Qtrs
Proceeds from issuance of convertible senior notes warrants	`ProceedsFromIssuanceOfWarrants`	-	USD	3 Qtrs
Proceeds from issuance of convertible senior notes warrants	`ProceedsFromIssuanceOfWarrants`	$23.91M	USD	3 Qtrs
Proceeds from the issuance of equity plan common stock	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.16M	USD	3 Qtrs
Proceeds from the issuance of equity plan common stock	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$2.99M	USD	3 Qtrs
Repurchases and retirements of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchases and retirements of common stock	`PaymentsForRepurchaseOfCommonStock`	$14.83M	USD	3 Qtrs
Payment of acquisition-related contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$783.00K	USD	3 Qtrs
Payment of acquisition-related contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.77M	USD	3 Qtrs
Loans made to non-executive employees	`PaymentsForLoansToNonExecutiveEmployees`	-	USD	3 Qtrs
Loans made to non-executive employees	`PaymentsForLoansToNonExecutiveEmployees`	$1.04M	USD	3 Qtrs
Proceeds from other borrowings	`ProceedsFromOtherDebt`	$251.00K	USD	3 Qtrs
Proceeds from other borrowings	`ProceedsFromOtherDebt`	-	USD	3 Qtrs
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$36.00K	USD	3 Qtrs
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$68.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$142.85M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-21.51M	USD	3 Qtrs
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.11M	USD	3 Qtrs
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$20.56M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.77M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.54M	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`	$30.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.54M	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`	$30.31M	USD	Point-in-time
Issuance of common stock for acquisition-related contingent consideration	`StockIssued1`	-	USD	3 Qtrs
Issuance of common stock for acquisition-related contingent consideration	`StockIssued1`	$2.72M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$597.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$556.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$819.00K	USD	3 Qtrs
Reclassification of convertible senior notes hedge and embedded conversion derivative to additional paid-in capital	`ReclassificationOfDerivativeLiabilityAndAssetNoncurrentToAdditionalPaidInCapital`	$42.82M	USD	3 Qtrs
Reclassification of convertible senior notes hedge and embedded conversion derivative to additional paid-in capital	`ReclassificationOfDerivativeLiabilityAndAssetNoncurrentToAdditionalPaidInCapital`	-	USD	3 Qtrs
Unrealized holding loss on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-189.00K	USD	3 Qtrs
Unrealized holding loss on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$909.00K	USD	1 Quarter
Unrealized holding loss on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-175.00K	USD	3 Qtrs
Unrealized holding loss on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$11.00K	USD	1 Quarter

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Beginning Balance (in shares)	`CommonStockSharesOutstanding`	44.17M	shares	Point-in-time
Common Stock, Beginning Balance (in shares)	`CommonStockSharesOutstanding`	44.40M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$167.73M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$188.52M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$192.83M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$185.47M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$132.24M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$177.32M	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	35,625.00	shares	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$33.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$239.00K	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$241.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.20M	USD	3 Qtrs
Settlement of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Settlement of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Settlement of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Settlement of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$923.00K	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$794.00K	USD	3 Qtrs
Acquisition-related shares issued	`StockIssuedDuringPeriodValueAcquisitions`	$13.94M	USD	1 Quarter
Acquisition-related shares issued	`StockIssuedDuringPeriodValueAcquisitions`	$13.94M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.12M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.58M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.87M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.69M	USD	1 Quarter
Sale of convertible senior notes warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$23.91M	USD	3 Qtrs
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$14.83M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.95M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$811.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.98M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$859.00K	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-13.60M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$747.00K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-16.72M	USD	3 Qtrs
Change in unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-189.00K	USD	3 Qtrs
Change in unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$909.00K	USD	1 Quarter
Change in unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-175.00K	USD	3 Qtrs
Change in unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$11.00K	USD	1 Quarter
Common Stock, Ending Balance (in shares)	`CommonStockSharesOutstanding`	44.17M	shares	Point-in-time
Common Stock, Ending Balance (in shares)	`CommonStockSharesOutstanding`	44.40M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$167.73M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$188.52M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$192.83M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$185.47M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$132.24M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$177.32M	USD	Point-in-time

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