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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue $ 7,206 $ 7,934 $ 33,446 $ 28,214
Expenses        
Cost of Revenue 7,724 7,060 25,276 21,253
Sales, general, and administrative expenses 1,460 1,236 3,078 2,589
Patent litigation and defense costs 1 55 10 75
Severance and transition costs 0 593 633
Loss (gain) on disposal of assets 12 (53) 12 (53)
Impairment loss 0 127 0
Depreciation and amortization 1,736 1,520 3,419 3,019
Total operating expenses 10,933 10,411 31,922 27,516
(Loss) Income from Operations (3,727) (2,477) 1,524 698
Other (Expense) Income        
Interest expense (658) (511) (1,542) (1,011)
Other income (expense) 1,208 (85) 1,144 (506)
Total other income (expense) 550 (596) (398) (1,517)
(Loss) income from continuing operations before tax benefit (3,177) (3,073) 1,126 (819)
Income tax (expense) benefit (32) (32) (32) (32)
Income from continuing operations (3,209) (3,105) 1,094 (851)
Loss from operations of discontinued operations (177) (390)
Income tax benefit
Loss from discontinued operations (177) 0 (390)
Net income (loss) $ (3,209) $ (3,282) $ 1,094 $ (1,241)
(Loss) earnings from continuing operations per common share - basic (in dollars per share) $ (0.06) $ (0.06) $ 0.02 $ (0.02)
Loss from discontinued operations per common share - basic (in dollars per share)
Net (loss) income per share - basic (in dollars per share) (0.06) (0.06) 0.02 (0.02)
(Loss) Earnings from continuing operations per common share - diluted (in dollars per share) (0.06) (0.06) 0.02 (0.02)
Loss from discontinued operations per common share - diluted (in dollars per share)
Net (loss) income per share - diluted (in dollars per share) $ (0.06) $ (0.06) $ 0.02 $ (0.02)
Basic weighted average number of common shares outstanding (in shares) 54,978 51,677 54,589 51,413
Add: Dilutive shares (in shares) 1,215
Diluted weighted average number of common shares outstanding (in shares) 54,978 51,677 55,804 51,413
Well Enhancement Services Segment [Member]        
Revenue $ 6,339 $ 7,005 $ 31,151 $ 26,290
Expenses        
Cost of Revenue 6,150 5,900 21,362 18,991
Water Transfer Services Segment [Member]        
Revenue 867 929 2,295 1,924
Expenses        
Cost of Revenue 1,287 979 3,472 1,936
Unallocated and Other Segments [Member]        
Expenses        
Cost of Revenue $ 287 $ 181 $ 442 $ 326