|
Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Mar. 31, 2015
|
Mar. 31, 2014
|
|
| Cash flows from operating activities | ||
| Net income | $ 1,572us-gaap_NetIncomeLoss | $ 888us-gaap_NetIncomeLoss |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 3,444us-gaap_DepreciationDepletionAndAmortization | 2,658us-gaap_DepreciationDepletionAndAmortization |
| Loss on rental units | 205us-gaap_GainLossOnSaleOfPropertyPlantEquipment | 338us-gaap_GainLossOnSaleOfPropertyPlantEquipment |
| Provision for sales returns | 966us-gaap_SalesReturnsAndAllowancesGoods | 948us-gaap_SalesReturnsAndAllowancesGoods |
| Provision for doubtful accounts | 297us-gaap_ProvisionForDoubtfulAccounts | 196us-gaap_ProvisionForDoubtfulAccounts |
| Provision for rental revenue adjustments | 2,481ingn_HealthCareOrganizationPatientServiceRevenueAdjustments | 1,672ingn_HealthCareOrganizationPatientServiceRevenueAdjustments |
| Provision for inventory obsolescence | 32us-gaap_InventoryWriteDown | 26us-gaap_InventoryWriteDown |
| Provision for other inventory losses | (9)us-gaap_ProvisionForOtherLosses | |
| Stock-based compensation expense | 518us-gaap_ShareBasedCompensation | 131us-gaap_ShareBasedCompensation |
| Decrease in fair value of preferred stock warrant liability | (36)us-gaap_FairValueAdjustmentOfWarrants | |
| Deferred tax assets | 58us-gaap_DeferredIncomeTaxExpenseBenefit | |
| Excess tax benefits from stock-based compensation arrangements | (1,818)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities | |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (6,203)us-gaap_IncreaseDecreaseInAccountsReceivable | (10,669)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventories | (199)us-gaap_IncreaseDecreaseInInventories | (429)us-gaap_IncreaseDecreaseInInventories |
| Deferred costs of revenue | 83us-gaap_IncreaseDecreaseInDeferredCharges | 6us-gaap_IncreaseDecreaseInDeferredCharges |
| Income tax receivable | 814us-gaap_IncreaseDecreaseInIncomeTaxesReceivable | 87us-gaap_IncreaseDecreaseInIncomeTaxesReceivable |
| Prepaid expenses and other current assets | (162)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (428)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Accounts payable and accrued expenses | 2,975us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 765us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Accrued payroll | 586us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 1,386us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Warranty reserve | 276us-gaap_ProductWarrantyAccrualPeriodIncreaseDecrease | 112us-gaap_ProductWarrantyAccrualPeriodIncreaseDecrease |
| Deferred revenue | 221us-gaap_IncreaseDecreaseInDeferredRevenue | 556us-gaap_IncreaseDecreaseInDeferredRevenue |
| Income tax payable | 432us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable | |
| Other noncurrent liabilities | (18)us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities | (27)us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities |
| Net cash provided by (used in) operating activities | 6,061us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (1,330)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash flows from investing activities | ||
| Investment in intangible assets | (11)us-gaap_PaymentsToAcquireIntangibleAssets | (169)us-gaap_PaymentsToAcquireIntangibleAssets |
| Production of rental equipment | (3,477)ingn_PaymentToProduceRentalEquipment | (2,890)ingn_PaymentToProduceRentalEquipment |
| Purchases of property and equipment | (552)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (169)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Net cash used in investing activities | (4,040)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (3,228)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash flows from financing activities | ||
| Proceeds from redeemable convertible preferred stock warrants and common stock warrants exercised | 467us-gaap_ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants | |
| Proceeds from stock options exercised | 166us-gaap_ProceedsFromStockOptionsExercised | 11us-gaap_ProceedsFromStockOptionsExercised |
| Proceeds from initial public offering | 56,471us-gaap_ProceedsFromIssuanceInitialPublicOffering | |
| Costs associated with initial public offering | (4,902)us-gaap_PaymentsOfStockIssuanceCosts | |
| Proceeds from employee stock purchase | 342us-gaap_ProceedsFromStockPlans | |
| Repayment of debt from investment in intangible assets | (81)us-gaap_RepaymentsOfLongTermDebt | (53)us-gaap_RepaymentsOfLongTermDebt |
| Repayment of borrowings | (1,407)us-gaap_RepaymentsOfDebt | |
| Excess tax benefits from stock-based compensation arrangements | 1,818us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities | |
| Net cash provided by financing activities | 2,245us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 50,587us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Net increase in cash and cash equivalents | 4,266us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 46,029us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents, beginning of period | 56,836us-gaap_CashAndCashEquivalentsAtCarryingValue | 13,521us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents, end of period | 61,102us-gaap_CashAndCashEquivalentsAtCarryingValue | 59,550us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental disclosures of cash flow information | ||
| Cash paid during the period for interest | 8us-gaap_InterestPaid | 132us-gaap_InterestPaid |
| Cash paid during the period for income taxes | 33us-gaap_IncomeTaxesPaid | 39us-gaap_IncomeTaxesPaid |
| Non-cash transactions: | ||
| Deemed dividend on redeemable convertible preferred stock | $ 987us-gaap_TemporaryEquityAccretionOfDividends | |
| X | ||||||||||
|
- Definition
Health care organization patient service revenue adjustments. No definition available.
|
| X | ||||||||||
|
- Definition
Payment to produce rental equipment. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the value of expenditures made during the current reporting period for benefits that will be received over a period of years. Deferred charges differ from prepaid expenses in that they usually extend over a long period of time and may or may not be regularly recurring costs of operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in income taxes receivable, which represents the amount due from tax authorities for refunds of overpayments or recoveries of income taxes paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other noncurrent operating liabilities not separately disclosed in the statement of cash flows. No definition available.
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The cash outflow for cost incurred directly with the issuance of an equity security. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from entity's first offering of stock to the public. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholder, which takes precedence over common stockholders in the event of liquidation and from issuance of rights to purchase common shares at a predetermined price. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from the stock plan during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total increases or decreases in the standard and extended product warranty liability during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of expense related to other loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total deduction from sales during the period arising from goods returned by customers (other than under warranty provisions) and price reductions (allowance, price protection agreements) given by the entity. Returns and allowances are a deduction from gross revenue in arriving at net revenue. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Value of accretion of temporary equity during the period due to unpaid dividends. No definition available.
|