10-K Filing

ACM RESEARCH, INC. CIK: 1680062 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001140361-20-006743`
Period End Date	20191231
Filing Date	20200324
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	acmr-20191231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 52 Cash Flow Statement 79 Stockholders Equity 19

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.26M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.12M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$59.60M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $0 as of December 31, 2019 and $0 as of December 31, 2018 (note 3)	`AccountsReceivableNetCurrent`	$24.61M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $0 as of December 31, 2019 and $0 as of December 31, 2018 (note 3)	`AccountsReceivableNetCurrent`	$31.09M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$3.55M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$2.60M	USD	Point-in-time
Inventories (note 4)	`InventoryNet`	$44.80M	USD	Point-in-time
Inventories (note 4)	`InventoryNet`	$38.76M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.05M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$198.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$96.03M	USD	Point-in-time
Property, plant and equipment, net (note 5)	`PropertyPlantAndEquipmentNet`	$3.62M	USD	Point-in-time
Property, plant and equipment, net (note 5)	`PropertyPlantAndEquipmentNet`	$3.71M	USD	Point-in-time
Operating lease right-of-use assets, net (note 8)	`OperatingLeaseRightOfUseAsset`	$3.89M	USD	Point-in-time
Operating lease right-of-use assets, net (note 8)	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$344.00K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$274.00K	USD	Point-in-time
Deferred tax assets (note 15)	`DeferredIncomeTaxAssetsNet`	$5.33M	USD	Point-in-time
Deferred tax assets (note 15)	`DeferredIncomeTaxAssetsNet`	$1.64M	USD	Point-in-time
Long-term investments (note 10)	`Investments`	$5.93M	USD	Point-in-time
Long-term investments (note 10)	`Investments`	$1.36M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$192.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$40.00K	USD	Point-in-time
Total assets	`Assets`	$217.70M	USD	Point-in-time
Total assets	`Assets`	$103.05M	USD	Point-in-time
Short-term borrowings (note 6)	`ShortTermBorrowings`	$13.75M	USD	Point-in-time
Short-term borrowings (note 6)	`ShortTermBorrowings`	$9.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.26M	USD	Point-in-time
Advances from customers	`ContractWithCustomerLiabilityCurrent`	$9.13M	USD	Point-in-time
Advances from customers	`ContractWithCustomerLiabilityCurrent`	$8.42M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.19M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.13M	USD	Point-in-time
Other payables and accrued expenses (note 7)	`OtherAccountsPayableAndAccruedLiabilities`	$10.41M	USD	Point-in-time
Other payables and accrued expenses (note 7)	`OtherAccountsPayableAndAccruedLiabilities`	$12.87M	USD	Point-in-time
Current portion of operating lease liability (note 8)	`OperatingLeaseLiabilityCurrent`	$1.35M	USD	Point-in-time
Current portion of operating lease liability (note 8)	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$53.50M	USD	Point-in-time
Long-term operating lease liability (note 8)	`OperatingLeaseLiabilityNoncurrent`	$2.53M	USD	Point-in-time
Long-term operating lease liability (note 8)	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other long-term liabilities (note 9)	`OtherLiabilitiesNoncurrent`	$4.19M	USD	Point-in-time
Other long-term liabilities (note 9)	`OtherLiabilitiesNoncurrent`	$4.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$50.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.22M	USD	Point-in-time
Commitments and contingencies (note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interests (note 13)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interests (note 13)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$60.16M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$83.49M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$56.57M	USD	Point-in-time
Accumulated surplus (deficit)	`RetainedEarningsAccumulatedDeficit`	$-3.39M	USD	Point-in-time
Accumulated surplus (deficit)	`RetainedEarningsAccumulatedDeficit`	$15.51M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.68M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-857.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$52.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$97.32M	USD	Point-in-time
Total liabilities, redeemable non-controlling interests, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$103.05M	USD	Point-in-time
Total liabilities, redeemable non-controlling interests, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$217.70M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$107.52M	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$74.64M	USD	Annual
Cost of revenue	`CostOfRevenue`	$40.19M	USD	Annual
Cost of revenue	`CostOfRevenue`	$56.87M	USD	Annual
Gross profit	`GrossProfit`	$50.65M	USD	Annual
Gross profit	`GrossProfit`	$34.45M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$11.90M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$9.61M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$10.38M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$12.90M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$8.06M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$7.99M	USD	Annual
Total operating expenses, net	`OperatingExpenses`	$32.86M	USD	Annual
Total operating expenses, net	`OperatingExpenses`	$27.98M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$6.47M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$17.79M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$333.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$29.00K	USD	Annual
Interest expense	`InterestExpense`	$745.00K	USD	Annual
Interest expense	`InterestExpense`	$498.00K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$1.39M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$1.25M	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$123.00K	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$168.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.38M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.94M	USD	Annual
Income tax benefit (expense) (note 15)	`IncomeTaxExpenseBenefit`	$806.00K	USD	Annual
Income tax benefit (expense) (note 15)	`IncomeTaxExpenseBenefit`	$-518.00K	USD	Annual
Net income	`ProfitLoss`	$6.57M	USD	Annual
Net income	`ProfitLoss`	$19.46M	USD	Annual
Less: Net income attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$564.00K	USD	Annual
Less: Net income attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	Annual
Net income available to common stockholders, basic and diluted	`NetIncomeLoss`	$18.89M	USD	Annual
Net income available to common stockholders, basic and diluted	`NetIncomeLoss`	$6.57M	USD	Annual
Net income	`ProfitLoss`	$6.57M	USD	Annual
Net income	`ProfitLoss`	$19.46M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$979.00K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$899.00K	USD	Annual
Comprehensive Income (note 2)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$18.56M	USD	Annual
Comprehensive Income (note 2)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.59M	USD	Annual
Less: Comprehensive income attributable to redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToRedeemableNonControllingInterests`	$483.00K	USD	Annual
Less: Comprehensive income attributable to redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToRedeemableNonControllingInterests`	-	USD	Annual
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$5.59M	USD	Annual
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$18.08M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.12	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.99	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.80M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	15.79M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.14M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.91M	shares	Annual

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$6.57M	USD	Annual
Direct issuance expenses	`ProceedsFromIssuanceOfNetOfDirectExpenses`	$2.29M	USD	Annual
Net income	`ProfitLoss`	$19.46M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$788.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$417.00K	USD	Annual
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-294.00K	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$123.00K	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$168.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.72M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-405.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$3.36M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$3.57M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.96M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-883.00K	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-891.00K	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$1.17M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$6.66M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$24.08M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$83.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.49M	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-44.00K	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$151.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.06M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.82M	USD	Annual
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$8.32M	USD	Annual
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$705.00K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.95M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.15M	USD	Annual
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$2.87M	USD	Annual
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$4.95M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.34M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-324.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.40M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.91M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$971.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.83M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$241.00K	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$154.00K	USD	Annual
Investments in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	Annual
Investments in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$4.41M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.07M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.53M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$17.73M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$18.42M	USD	Annual
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$13.13M	USD	Annual
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$14.01M	USD	Annual
Proceeds from stock option exercise to common stock	`ProceedsFromStockOptionsExercised`	$528.00K	USD	Annual
Proceeds from stock option exercise to common stock	`ProceedsFromStockOptionsExercised`	$317.00K	USD	Annual
Proceeds from issuance of Class A common stock in connection with public offering, net of direct issuance expenses of $2,287	`ProceedsFromIssuanceOfCommonStock`	$26.43M	USD	Annual
Proceeds from issuance of Class A common stock in connection with public offering, net of direct issuance expenses of $2,287	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Payment for repurchase of Class A common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Payment for repurchase of Class A common stock	`PaymentsForRepurchaseOfCommonStock`	$2.83M	USD	Annual
Payment for cancellation of stock option	`PaymentForCancellationOfStockOptions`	-	USD	Annual
Payment for cancellation of stock option	`PaymentForCancellationOfStockOptions`	$576.00K	USD	Annual
Proceeds from issuance of common stock to redeemable Non-controlling interest	`ProceedsFromMinorityShareholders`	-	USD	Annual
Proceeds from issuance of common stock to redeemable Non-controlling interest	`ProceedsFromMinorityShareholders`	$59.68M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$87.44M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.12M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-582.00K	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-518.00K	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$90.73M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.44M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.12M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.12M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.86M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$745.00K	USD	Annual
Interest paid	`InterestPaidNet`	$498.00K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$1.16M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.12M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$59.60M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Warrant conversion to common stock	`WarrantConversionToCommonStock`	$3.08M	USD	Annual
Warrant conversion to common stock	`WarrantConversionToCommonStock`	$9.00K	USD	Annual

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.86M	USD	Point-in-time
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$18.89M	USD	Annual
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$6.57M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-979.00K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-818.00K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$317.00K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$528.00K	USD	Annual
Cancellation of stock options	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$576.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.36M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.57M	USD	Annual
Issuance of Class A common stock in connection with public offering	`StockIssuedDuringPeriodValueNewIssues`	$26.43M	USD	Annual
Share repurchase	`StockRepurchasedDuringPeriodValue`	$2.83M	USD	Annual
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfClassBStockToClassAStock`	-	USD	Annual
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfClassBStockToClassAStock`	-	USD	Annual
Conversion of Class B common stock to Class A common stock (in shares)	`StockIssuedDuringPeriodSharesConversionOfClassBStockToClassAStock`	35,815.00	shares	Annual
Exercise of stock warrant issued to SMC/HFG	`StockIssuedDuringPeriodValueCommonStockWarrantExercised`	-	USD	Annual
Exercise of stock warrant issued to SMC/HFG	`StockIssuedDuringPeriodValueCommonStockWarrantExercised`	$2.98M	USD	Annual
Ending balance	`StockholdersEquity`	$52.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$97.32M	USD	Point-in-time

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