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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Revenues $ 26,240 $ 20,280
Expenses    
Cost of Revenue 17,552 14,193
Selling, general, and administrative expenses 1,618 1,353
Patent litigation and defense costs 9 20
Severance and transition costs 0 40
Impairment loss (127) 0
Depreciation and amortization 1,683 1,499
Total operating expenses 20,989 17,105
Income from Operations 5,251 3,175
Other Expense    
Interest expense (884) (500)
Other expense (64) (421)
Total other expense (948) (921)
Income from continuing operations before tax benefit 4,303 2,254
Income tax (expense) benefit 0 0
Income from continuing operations 4,303 2,254
Loss from operations of discontinued operations 0 (213)
Income tax benefit 0 0
Loss from discontinued operations 0 (213)
Net income $ 4,303 $ 2,041
Earnings from continuing operations per common share - basic (in dollars per share) $ 0.08 $ 0.04
Loss from discontinued operations per common share - basic (in dollars per share)
Net income per share - basic (in dollars per share) 0.08 0.04
Earnings from continuing operations per common share - diluted (in dollars per share) 0.08 0.04
Loss from discontinued operations per common share - diluted (in dollars per share)
Net income per share - diluted (in dollars per share) $ 0.08 $ 0.04
Basic weighted average number of common shares outstanding (in shares) 54,266 51,155
Add: Dilutive shares assuming exercise of options and warrants (in shares) 951 1,793
Diluted weighted average number of common shares outstanding (in shares) 55,217 52,948
Well Enhancement Services Segment [Member]    
Revenues    
Revenues $ 24,812 $ 19,285
Expenses    
Cost of Revenue 15,212 13,091
Depreciation and amortization 1,387 1,229
Water Transfer Services Segment [Member]    
Revenues    
Revenues 1,428 995
Expenses    
Cost of Revenue 2,185 957
Depreciation and amortization 283 263
Unallocated and Other Segments [Member]    
Revenues    
Revenues
Expenses    
Cost of Revenue 155 145
Depreciation and amortization $ 13 $ 7