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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue        
Revenues $ 7,106,041 $ 4,138,352 $ 20,880,942 $ 12,445,411
Expenses        
Cost of Revenue 6,432,753 4,938,181 16,811,157 11,708,266
General and administrative expenses 1,289,616 901,321 2,284,299 1,927,896
Patent litigation and defense costs 24,542 39,446 67,230 75,612
Severance and Transition Costs (1) [1] 767,755 767,755
Depreciation and amortization 1,674,875 1,617,620 3,251,304 3,365,592
Total operating expenses 10,189,541 7,496,568 23,181,745 17,075,366
Income (loss) from Operations (3,083,501) (3,358,216) (2,300,803) (4,631,955)
Other Income (Expense)        
Interest expense (499,288) (500,783) (1,209,705) (873,451)
Gain (Loss) on disposals of equipment 233,473 233,473
Other income 36,787 5,010 41,979 7,006
Total other expense (462,501) (262,300) (1,167,726) (632,972)
Income (Loss) Before Tax Expense (3,546,001) (3,620,516) (3,468,529) (5,264,927)
Income Tax Benefit (Expense) 1,018,644 1,239,865 991,529 1,808,707
Net Loss $ (2,527,357) $ (2,380,651) $ (2,477,000) $ (3,456,220)
Earnings (Loss) per Common Share - Basic (in dollars per share) $ (0.05) $ (0.06) $ (0.05) $ (0.09)
Earnings (Loss) per Common Share – Diluted (in dollars per share) $ (0.05) $ (0.06) $ (0.05) $ (0.09)
Basic weighted average number of common shares outstanding (in shares) 51,067,660 38,130,160 51,067,660 38,129,910
Add: Dilutive shares assuming exercise of options and warrants (in shares)
Diluted weighted average number of common shares outstanding (in shares) 51,067,660 38,130,160 51,067,660 38,129,910
Well Enhancement [Member]        
Revenue        
Revenues $ 5,819,435 $ 2,660,526 $ 17,803,064 $ 9,820,349
Expenses        
Cost of Revenue 4,324,845 2,790,690 12,773,391 7,747,146
Depreciation and amortization 1,252,801 1,224,851 2,424,124 2,577,218
Water Transfer Services [Member]        
Revenue        
Revenues 305,994 1,058,006 31,688
Expenses        
Cost of Revenue 616,468 420,316 1,292,256 879,252
Water Hauling [Member]        
Revenue        
Revenues 880,801 888,892 1,765,806 2,004,440
Expenses        
Cost of Revenue 1,192,372 830,872 2,105,057 2,020,876
Depreciation and amortization 167,866 169,396 333,487 338,198
Construction Services [Member]        
Revenue        
Revenues 99,811 588,934 254,066 588,934
Expenses        
Cost of Revenue 67,483 712,326 211,644 712,326
Depreciation and amortization
Unallocated and Other Segments [Member]        
Revenue        
Revenues
Expenses        
Cost of Revenue 231,585 183,977 428,809 348,666
Depreciation and amortization $ 8,071 $ 7,427 $ 15,897 $ 18,283
[1] Severance and transition costs comprise (i) payments and accruals for future payments to our former Chief Executive Officer and Chielf Financial Officer and (ii) legal fees directly related to separation and transition activities.