Cdti advanced materials, inc. (CDTI)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Revenues

28,353

36,839

39,738

41,231

-

60,537

61,607

48,117

Revenues

-

-

-

-

51,801

-

-

-

Cost of revenues

22,455

28,773

28,846

28,778

36,840

-

-

-

Cost of revenues

-

-

-

-

-

45,816

44,023

36,082

Gross profit

5,898

8,066

10,892

12,453

14,961

14,721

17,584

12,035

Operating expenses:
Research and development

3,970

4,657

7,826

6,538

4,726

6,723

7,408

4,373

Selling, general and administrative

8,292

11,837

11,903

12,374

13,339

14,946

16,699

11,853

Goodwill impairment

0

4,675

0

-

-

-

-

-

Severance and other charges

-480

2,555

1,482

1,166

1,239

889

-

-

Severance and other charges

-

-

-

-

-

-

0

-

Severance expense

-

-

-

-

-

-

-

261

Recapitalization expense

-

-

-

-

-

-

-

3,247

Gain on sale of intellectual property

-

-

-

-

-

-

-

3,900

Total operating expenses

11,782

23,724

21,211

20,078

19,304

22,558

24,107

15,834

Loss from continuing operations

-5,884

-15,658

-10,319

-7,625

-4,343

-7,837

-6,523

-3,799

Other income (expense):
Interest income

-

-

-

-

-

11

17

4

Interest expense, net

260

1,535

1,166

1,176

1,404

1,479

1,228

3,646

Gain on bifurcated derivative liability

0

2,754

0

-

-

-

-

-

Loss on extinguishment of debt

-194

-12,410

0

-

-

-

-

-

(Loss) income from operations of discontinued Energy Systems Division

-

-

-

-

-

57

-89

-

Income tax expense from discontinued operations

-

-

-

-

-

23

2

-

Net income from discontinued operations

-

-

-

-

-255

34

-91

-

Net income (loss) from operations of discontinued Energy Systems division

-

-

-

-

-

-

-

1,494

Income tax expense from discontinued operations

-

-

-

-

-

-

-

526

Gain on sale of DuraFit business

-

-

-

-

-

-

-

968

Gain (loss) on change in fair value of liability-classified warrants

523

1,554

2,617

-

-

-

-

-

Gain on sale of DuraFit

805

0

-

-

-

-

-

-

Other expense, net

-188

863

47

-174

-756

-756

805

-1,821

Total other income (expense)

686

-8,774

1,498

-1,350

-2,160

-2,224

-406

-5,463

Loss from continuing operations before income taxes

-5,198

-24,432

-8,821

-8,975

-6,503

-10,061

-6,929

-9,262

Income tax expense from continuing operations

85

-958

-399

138

340

-367

291

12

Net loss from continuing operations

-

-

-8,422

-9,113

-6,843

-9,694

-7,220

-9,274

Net (loss) income from discontinued operations

-

-

-112

-223

-

-

-

-

Net loss

-5,283

-23,474

-8,534

-9,336

-7,098

-9,660

-7,311

-8,306

Net loss

-5,283

-23,474

-

-

-

-

-7,311

-8,306

Foreign currency translation adjustments

443

-942

-2,522

-1,829

-924

604

-477

-

Comprehensive loss

-4,840

-24,416

-11,056

-11,165

-8,022

-9,056

-7,788

-

Basic and diluted net (loss) income per common share:
Net loss from continuing operations (in dollars per share)

-

-

-2.67

-0.76

-0.83

-1.34

-1.30

-7.49

Weighted average shares outstanding - basic and diluted (in shares)

15

6

3

12

8

7,227

5,574

1,238

Net (loss) income from discontinued operations (in dollars per share)

-

-

-0.04

-0.02

-0.03

0.00

-0.01

0.78

Net loss (in dollars per share)

-0.34

-3.84

-2.71

-0.78

-0.86

-1.34

-1.31

-6.71