10-Q Filing

MITEK SYSTEMS INC CIK: 807863 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000807863-23-000081`
Period End Date	20221231
Filing Date	20230906
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	mitk-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 42 Cash Flow Statement 66 Stockholders Equity 28

Balance Sheet 98 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.12M	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
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$58.27M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$44.81M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$28.26M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$27.87M	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`	120.00M	shares	Point-in-time
Contract assets, current portion	`ContractWithCustomerAssetNetCurrent`	$6.27M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Contract assets, current portion	`ContractWithCustomerAssetNetCurrent`	$5.46M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.68M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.27M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.25M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.77M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.68M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.25M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$140.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$129.10M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$5.67M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$10.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.37M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.49M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.16M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.03M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$76.60M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$75.76M	USD	Point-in-time
Goodwill	`Goodwill`	$128.18M	USD	Point-in-time
Goodwill	`Goodwill`	$120.19M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$13.76M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$10.24M	USD	Point-in-time
Contract assets, non-current portion	`ContractWithCustomerAssetNetNoncurrent`	$10.74M	USD	Point-in-time
Contract assets, non-current portion	`ContractWithCustomerAssetNetNoncurrent`	$4.22M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.63M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.56M	USD	Point-in-time
Total assets	`Assets`	$360.41M	USD	Point-in-time
Total assets	`Assets`	$385.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.08M	USD	Point-in-time
Accrued payroll and related taxes	`EmployeeRelatedLiabilitiesCurrent`	$6.38M	USD	Point-in-time
Accrued payroll and related taxes	`EmployeeRelatedLiabilitiesCurrent`	$10.39M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.23M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.16M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$495.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$202.00K	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$12.74M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$13.39M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$2.11M	USD	Point-in-time
Lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$2.10M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$5.92M	USD	Point-in-time
Acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$6.25M	USD	Point-in-time
Restructuring accrual	`RestructuringReserveCurrent`	$295.00K	USD	Point-in-time
Restructuring accrual	`RestructuringReserveCurrent`	$901.00K	USD	Point-in-time
Income tax payables	`AccruedIncomeTaxesCurrent`	$5.34M	USD	Point-in-time
Income tax payables	`AccruedIncomeTaxesCurrent`	$194.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.44M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.50M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$129.81M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$127.97M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$1.24M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$1.77M	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$4.11M	USD	Point-in-time
Lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$3.89M	USD	Point-in-time
Deferred income tax liabilities, non current portion	`DeferredIncomeTaxLiabilitiesNet`	$14.13M	USD	Point-in-time
Deferred income tax liabilities, non current portion	`DeferredIncomeTaxLiabilitiesNet`	$15.34M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.61M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$194.41M	USD	Point-in-time
Total liabilities	`Liabilities`	$190.09M	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 120,000,000 shares authorized, 45,248,743 and 44,680,429 issued and outstanding, as of December 31, 2022 and September 30, 2022, respectively	`CommonStockValue`	$44.00K	USD	Point-in-time
Common stock, $0.001 par value, 120,000,000 and 120,000,000 shares authorized, 45,248,743 and 44,680,429 issued and outstanding, as of December 31, 2022 and September 30, 2022, respectively	`CommonStockValue`	$45.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$216.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$219.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.16M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-28.22M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$170.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$191.21M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$187.43M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$192.83M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$360.41M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$385.61M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$45.70M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.47M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$8.44M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$9.52M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.67M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$6.41M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.96M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.48M	USD	1 Quarter
Amortization and acquisition-related costs	`AmortizationExpenseAndBusinessCombinationAcquisitionRelatedCosts`	$4.82M	USD	1 Quarter
Amortization and acquisition-related costs	`AmortizationExpenseAndBusinessCombinationAcquisitionRelatedCosts`	$2.28M	USD	1 Quarter
Restructuring costs	`RestructuringCharges`	-	USD	1 Quarter
Restructuring costs	`RestructuringCharges`	$1.78M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$27.64M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$37.33M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.83M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.01M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.14M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$340.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$135.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.58M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.96M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-168.00K	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$1.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
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	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Shares used in calculating net income (loss) per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.93M	shares	1 Quarter
Shares used in calculating net income (loss) per share basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.79M	shares	1 Quarter
Shares used in calculating net income (loss) per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.63M	shares	1 Quarter
Shares used in calculating net income (loss) per share diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.16M	shares	1 Quarter
Net income	`NetIncomeLoss`	$4.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.27M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$12.70M	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-270.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$352.00K	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.79M	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.59M	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.13M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.44M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.17M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.49M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$284.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$343.00K	USD	1 Quarter
Amortization of investment premiums & other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-13.00K	USD	1 Quarter
Amortization of investment premiums & other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-480.00K	USD	1 Quarter
Accretion and amortization on debt securities	`InvestmentIncomeAmortizationOfPremium`	$1.72M	USD	1 Quarter
Accretion and amortization on debt securities	`InvestmentIncomeAmortizationOfPremium`	$1.84M	USD	1 Quarter
Net changes in estimated fair value of acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$330.00K	USD	1 Quarter
Net changes in estimated fair value of acquisition-related contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$30.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-3.46M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-348.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$402.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-58.00K	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$5.51M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$175.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$154.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$864.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$80.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$980.00K	USD	1 Quarter
Accrued payroll and related taxes	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.17M	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`	$-1.52M	USD	1 Quarter
Restructuring accrual	`IncreaseDecreaseInRestructuringReserve`	-	USD	1 Quarter
Restructuring accrual	`IncreaseDecreaseInRestructuringReserve`	$-651.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$34.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$5.50M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.26M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.25M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$35.31M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$37.66M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$18.75M	USD	1 Quarter
Purchases and disposals of property and equipment, net	`PaymentsForProceedsFromProductiveAssets`	$295.00K	USD	1 Quarter
Purchases and disposals of property and equipment, net	`PaymentsForProceedsFromProductiveAssets`	$154.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.05M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$18.60M	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`	$662.00K	USD	1 Quarter
Repurchases and retirements of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.14M	USD	1 Quarter
Repurchases and retirements of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$17.00K	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfNotesPayable`	$36.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$626.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.14M	USD	1 Quarter
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-266.00K	USD	1 Quarter
Foreign currency effect on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$570.00K	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`	$25.06M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.12M	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`	$32.06M	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`	$57.12M	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`	$32.06M	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`	$170.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$213.00K	USD	1 Quarter
Unrealized holding gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-270.00K	USD	1 Quarter
Unrealized holding gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$352.00K	USD	1 Quarter

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Beginning Balance (in shares)	`CommonStockSharesOutstanding`	44.68M	shares	Point-in-time
Common Stock, Beginning Balance (in shares)	`CommonStockSharesOutstanding`	45.25M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$170.32M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$191.21M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$187.43M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$192.83M	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	82,552.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$662.00K	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`	$2.44M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$10.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.27M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$12.70M	USD	1 Quarter
Change in unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-270.00K	USD	1 Quarter
Change in unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$352.00K	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.79M	USD	1 Quarter
Other comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.59M	USD	1 Quarter
Common Stock, Ending Balance (in shares)	`CommonStockSharesOutstanding`	44.68M	shares	Point-in-time
Common Stock, Ending Balance (in shares)	`CommonStockSharesOutstanding`	45.25M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$170.32M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$191.21M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$187.43M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$192.83M	USD	Point-in-time

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