XML 72 R57.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Credit Facility (Details) |  | 3 Months Ended | 6 Months Ended | 9 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Jun. 17, 2024 USD ($) $ / shares shares | Apr. 30, 2024 USD ($) | Apr. 30, 2023 USD ($) | Jan. 31, 2024 USD ($) | Apr. 30, 2024 USD ($) | Apr. 30, 2023 USD ($) | Nov. 07, 2023 USD ($) | Jul. 31, 2023 USD ($) | Nov. 30, 2022 USD ($) | Oct. 18, 2021 $ / shares
New Credit Facility Warrants | Subsequent Event |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Warrants outstanding (in shares) | shares | 1,435,884 |  |  |  |  |  |  |  |  |
Exercise price of warrants or rights | $ / shares | $ 0.10 |  |  |  |  |  |  |  |  |
Convertible Preferred Stock |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Convertible preferred stock, aggregate purchase price, price per share (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  |  | $ 1,000
Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Capitalized deferred financing costs |  |  |  |  |  |  | $ 5,941,000 |  |  |
Outstanding standby letters of credit at period end |  | $ 481,000 |  |  | $ 481,000 |  |  |  |  |
Outstanding balance during period, minimum |  |  |  |  | 156,241,000 |  |  |  |  |
Outstanding balance during period, maximum |  |  |  |  | 196,800,000 |  |  |  |  |
Total net deferred financing costs |  | 2,267,000 |  |  | 2,267,000 |  |  |  |  |
Interest expense related to credit facility |  | $ 5,130,000 | $ 4,400,000 |  | $ 15,286,000 | $ 10,401,000 |  |  |  |
Weighted average interest rate |  | 12.26% | 10.10% |  | 11.35% | 8.34% |  |  |  |
Minimum interest expense coverage ratio |  |  |  |  | 3.25 |  |  |  |  |
Minimum liquidity |  | $ 26,800,000 |  |  | $ 26,800,000 |  |  |  | $ 25,000,000 |
Actual secured leverage ratio |  |  |  |  | 2.89 |  |  |  |  |
Maximum secured leverage ratio |  |  |  |  | 3.50 |  |  |  |  |
Actual interest expense coverage ratio |  |  |  |  | 3.36 |  |  |  |  |
Long-term debt |  | 161,421,000 |  |  | $ 161,421,000 |  |  | $ 164,404,000 |  |
Credit Facility | Subsequent Event |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Term loan | $ 187,000,000 |  |  |  |  |  |  |  |  |
Secured Credit Facility | Credit Facility | Line of Credit |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity |  |  |  |  |  |  | 200,000,000 |  |  |
Maximum cash triggering repayment |  |  |  | $ 20,000,000 |  |  |  |  |  |
Line of credit facility, quarterly amortization |  | $ 1,875,000 |  | 1,250,000 |  |  |  |  |  |
Borrowing rate, increase |  | 0.25% |  |  |  |  |  |  |  |
Secured Credit Facility | Credit Facility | Line of Credit | Subsequent Event |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Term loan | $ 162,000,000 |  |  |  |  |  |  |  |  |
Debt instrument, amortization percent | 2.50% |  |  |  |  |  |  |  |  |
Debt instrument, periodic payment | $ 675,000 |  |  |  |  |  |  |  |  |
Debt instrument, annual principal payment | 1,012,500 |  |  |  |  |  |  |  |  |
Revolving Loan Facility | Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 135,000,000 |  | $ 140,000,000 | 135,000,000 |  | 150,000,000 |  |  |
Long-term debt |  | 134,454,000 |  |  | 134,454,000 |  |  | 116,900,000 |  |
Revolving Loan Facility | Credit Facility | Subsequent Event |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity | 222,000,000 |  |  |  |  |  |  |  |  |
Term loan | 25,000,000 |  |  |  |  |  |  |  |  |
Revolving Loan Facility | Credit Facility | Line of Credit | Subsequent Event |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Term loan | 60,000,000 |  |  |  |  |  |  |  |  |
Revolving Loan Facility | Prior Credit Facility | Subsequent Event |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Long-term debt | $ 157,709,000 |  |  |  |  |  |  |  |  |
Letter of Credit | Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity |  |  |  |  |  |  | 20,000,000 |  |  |
Term Loan A | Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity |  |  |  |  |  |  | $ 50,000,000 |  |  |
Total net deferred financing costs |  | 545,000 |  |  | 545,000 |  |  | 621,000 |  |
Term loan |  | 27,512,000 |  |  | 27,512,000 |  |  | 48,125,000 |  |
Long-term debt |  | 26,967,000 |  |  | 26,967,000 |  |  | $ 47,504,000 |  |
Commercial Letter of Credit |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Outstanding standby letters of credit at period end |  | $ 0 |  |  | $ 0 |  |  |  |  |

X
- Definition Interest expense related to the credit facility for the period, including undrawn line fees and amortization of deferred financing costs. + References No definition available. + Details
Name: | cmtl_CreditFacilityInterestExpenseForPeriod
Namespace Prefix: | cmtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Debt Instrument, Amortization Percent + References No definition available. + Details
Name: | cmtl_DebtInstrumentAmortizationPercent
Namespace Prefix: | cmtl_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Fixed Coverage Ratio, Actual + References No definition available. + Details
Name: | cmtl_DebtInstrumentCovenantFixedCoverageRatioActual
Namespace Prefix: | cmtl_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represented Consolidated EBITDA less cash paid for taxes, capital expenditures and dividends, the result of which was then divided by the sum of scheduled principal debt payments and cash paid for interest, all of the aforementioned calculated on a trailing twelve month basis + References No definition available. + Details
Name: | cmtl_DebtInstrumentCovenantFixedCoverageRatioMinimum
Namespace Prefix: | cmtl_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Maximum Cash Triggering Repayment + References No definition available. + Details
Name: | cmtl_DebtInstrumentCovenantMaximumCashTriggeringRepayment
Namespace Prefix: | cmtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Minimum Liquidity + References No definition available. + Details
Name: | cmtl_DebtInstrumentCovenantMinimumLiquidity
Namespace Prefix: | cmtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Secured Leverage Ratio, Maximum + References No definition available. + Details
Name: | cmtl_DebtInstrumentCovenantSecuredLeverageRatioMaximum
Namespace Prefix: | cmtl_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of Credit Facility, Amortization Expense + References No definition available. + Details
Name: | cmtl_LineOfCreditFacilityAmortizationExpense
Namespace Prefix: | cmtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line of Credit Facility, Interest Rate Increase (Decrease) + References No definition available. + Details
Name: | cmtl_LineOfCreditFacilityInterestRateIncreaseDecrease
Namespace Prefix: | cmtl_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line Of Credit Facility Minimum Amount Outstanding During Period + References No definition available. + Details
Name: | cmtl_LineOfCreditFacilityMinimumAmountOutstandingDuringPeriod
Namespace Prefix: | cmtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Secured Leverage Ratio + References No definition available. + Details
Name: | cmtl_SecuredLeverageRatio
Namespace Prefix: | cmtl_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Temporary Equity, Stock Issued During Period, Value, New Issues, Price Per Share + References No definition available. + Details
Name: | cmtl_TemporaryEquityStockIssuedDuringPeriodValueNewIssuesPricePerShare
Namespace Prefix: | cmtl_
Data Type: | dtr-types1:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Exercise price per share or per unit of warrants or rights outstanding. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 + Details
Name: | us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 + Details
Name: | us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of the total principal payments made during the annual reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_DebtInstrumentAnnualPrincipalPayment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-4 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of the required periodic payments including both interest and principal payments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480848/942-470-50-3 + Details
Name: | us-gaap_DebtInstrumentPeriodicPayment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, before accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-3 + Details
Name: | us-gaap_DeferredFinanceCostsGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-3 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1D -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1D + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(f)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum amount borrowed under the credit facility at any time during the period. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1D -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1D Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-4 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average interest rate of long-term debt outstanding calculated over time. + References No definition available. + Details
Name: | us-gaap_LongTermDebtWeightedAverageInterestRateOverTime
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=cmtl_NewCreditFacilityWarrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_ConvertiblePreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cmtl_CreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cmtl_PriorCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LetterOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=cmtl_TermLoanAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=cmtl_CommercialLettersOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |