Cdti advanced materials, inc. (CDTI)
Income statement / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues

2,025

2,433

-

-

3,476

3,556

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

4,912

-

-

-

8,214

8,555

10,132

8,406

9,746

9,700

9,759

9,938

10,341

-

9,311

-

-

-

-

-

13,307

12,414

14,400

16,724

16,999

21,317

14,974

11,532

13,784

10,939

12,926

Revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,673

11,579

-

13,309

12,555

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

1,117

1,666

3,194

10,575

2,809

2,291

6,780

7,620

7,425

6,719

7,009

6,852

7,300

7,171

7,523

6,702

6,389

7,848

7,839

-

9,127

9,304

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,195

9,681

10,526

12,547

13,062

15,441

10,704

8,101

9,777

8,416

9,756

Gross profit

908

767

1,718

2,532

667

1,265

1,434

935

2,707

1,687

2,737

2,848

2,459

2,767

2,818

1,966

2,922

3,825

3,740

4,416

4,182

3,251

3,112

2,733

3,874

4,177

3,937

5,876

4,270

3,431

4,007

2,523

3,170

Operating expenses:
Research and development

520

621

757

899

1,085

917

1,069

702

762

1,431

1,762

1,550

2,303

1,854

2,119

1,942

1,828

1,472

1,296

1,315

1,199

947

1,265

1,210

1,646

1,952

1,915

2,035

1,624

2,235

1,514

1,062

1,157

Selling, general and administrative

1,233

1,300

1,453

1,812

1,855

1,899

2,726

3,288

2,322

2,827

3,400

2,447

3,028

3,021

3,407

3,177

2,689

2,931

3,577

3,211

2,876

3,422

3,830

3,364

3,380

3,755

4,447

3,695

3,896

4,709

4,399

2,728

2,650

Severance and other charges

0

0

-

-

235

-619

-

611

571

581

792

-

3

-

6

-16

805

34

343

1,177

0

51

11

-

-

-

-

-

-

-

-

-

-

Severance and other charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

349

-

-

-

-

-

-

-

Severance expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

Recapitalization expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

769

560

Total operating expenses

1,753

1,921

2,210

2,615

3,175

2,197

3,795

9,276

3,655

4,839

5,954

5,470

5,334

4,875

5,532

5,103

5,322

4,437

5,216

5,703

4,075

4,420

5,106

5,110

5,030

6,056

6,362

5,730

5,520

6,944

5,913

4,559

4,382

Loss from continuing operations

-845

-1,154

-492

-83

-2,508

-932

-2,361

-8,341

-948

-3,152

-3,217

-2,622

-2,875

-2,108

-2,714

-3,137

-2,400

-612

-1,476

-1,287

107

-1,169

-1,994

-2,377

-1,156

-1,879

-2,425

146

-1,250

-3,513

-1,906

-2,036

-1,212

Other income (expense):
Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

4

2

6

2

-

Interest expense, net

0

0

0

-5

95

67

103

-6

458

691

392

280

309

301

276

277

307

288

304

350

382

336

336

370

442

346

321

360

333

322

213

1,487

532

Gain on bifurcated derivative liability

-

-

-

-

-

-

-

-

0

2,754

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

0

0

0

0

0

0

-194

0

-10,780

-1,630

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income from operations of discontinued Energy Systems Division

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

201

-49

-83

-

-

-

-

-

-

Net income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

-5

-260

8

0

-3

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-141

-43

-3

-

-

Gain on sale of DuraFit business

0

-

-

-

805

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

57

170

364

119

738

4

-338

671

-705

792

796

-

541

-529

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of DuraFit

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense, net

43

217

-130

-122

-149

184

-101

39

196

1,008

-380

-850

474

305

118

740

1,199

-299

-1,814

-214

-703

-145

306

-73

-496

127

-314

-159

244

553

167

-600

188

Total other income (expense)

100

387

234

2

1,299

121

-736

716

-11,747

2,233

24

1,475

706

-525

-158

463

892

-587

-2,118

-564

-1,085

-481

-30

-432

-938

-219

-635

-514

-85

233

-40

-2,085

-344

Loss from continuing operations before income taxes

-745

-767

-258

-81

-1,209

-811

-3,097

-7,625

-12,695

-919

-3,193

-1,147

-2,169

-2,633

-2,872

-2,674

-1,508

-1,199

-3,594

-1,851

-978

-1,650

-2,024

-2,809

-2,094

-2,098

-3,060

-368

-1,335

-3,280

-1,946

-4,121

-1,556

Income tax expense from continuing operations

17

704

37

36

-119

169

-1

274

-113

-697

-422

-311

-28

-217

157

-12

-117

30

237

386

120

-280

114

-39

-123

117

-322

-721

541

249

222

-52

304

Net loss from continuing operations

-762

-1,471

-

-

-1,090

-980

-

-

-

-

-

-

-2,141

-

-

-2,662

-1,391

-1,229

-3,831

-2,237

-1,098

-1,370

-2,138

-2,770

-1,971

-2,215

-2,738

353

-1,876

-3,529

-2,168

-4,069

-1,860

Net (loss) income from discontinued operations

-645

-481

-

-

730

595

-

-

-

-

-

-

-67

-

-

-

-179

-

-

-

-

-

-

-

-

-

-

-

-

-

-

732

-87

Net loss

-1,407

-1,952

-295

-1,442

-360

-385

-3,096

-7,899

-12,582

-222

-2,771

-881

-2,208

-2,416

-3,029

-2,741

-1,570

-1,189

-3,836

-2,497

-1,090

-1,370

-2,141

-2,805

-1,770

-2,264

-2,821

449

-2,017

-3,572

-2,171

-3,337

-1,947

Net loss

-1,407

-1,952

-295

-1,442

-360

-385

-3,096

-

-12,582

-222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,770

-2,264

-2,821

449

-2,017

-3,572

-2,171

-3,337

-1,947

Foreign currency translation adjustments

-52

-298

180

93

129

211

10

-482

-190

-533

263

-496

-1,155

602

-1,473

-940

-1,034

582

-437

-445

612

-498

-593

-153

834

-579

502

-

-

-

-

-

-

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,140

-89

551

-

-

Comprehensive loss

-1,459

-2,250

-115

-1,349

-231

-174

-3,086

-8,381

-12,772

-755

-2,508

-1,377

-3,363

-1,814

-4,502

-3,681

-2,604

-607

-4,273

-2,942

-478

-1,868

-2,734

-2,958

-936

-2,843

-2,319

650

-3,157

-3,661

-1,620

-

-

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

-0.20

-0.09

-

-

-0.35

-0.05

-

-

-

-

-

-

-

-

-

-0.16

-0.11

-0.10

-0.39

-0.23

-0.12

-0.19

-0.29

-0.38

-0.27

-0.31

-0.38

0.39

-0.27

-0.88

-0.54

-7.40

-

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

-

-

15

-

-

-

15

11

5

3

3

-

3

-

14,156

-34,425

12,412

12,304

9,758

-23,780

9,247

7,306

7,261

7,239

7,229

7,221

7,219

7,268

7,035

4,009

3,984

550

-

Net (loss) income from continuing operations per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3.38

Net (loss) income from discontinued operations - Basic (in usd per share)

-0.17

-

-

-

0.24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.16

Basic earnings (loss) per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.81

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3.54

Net (loss) income from continuing operations per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3.38

Net (loss) income from discontinued operations - Diluted (in usd per share)

-0.17

-

-

-

0.24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.16

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

-

-0.03

-

-

-

0.04

-

-

-

-

-

-

-

-

-

0.00

-0.02

0.00

0.00

-0.03

0.00

0.00

0.00

-0.02

0.03

0.00

-0.01

-

-0.02

-0.01

-

1.33

-

Net loss (in dollars per share)

-0.37

-0.12

-0.02

-0.02

-0.11

-0.01

-0.20

-0.88

-2.14

-0.06

-0.76

-

-0.64

-

-0.21

-0.16

-0.13

-0.10

-0.39

-0.26

-0.12

-0.19

-0.29

-0.40

-0.24

-0.31

-0.39

0.41

-0.29

-0.89

-0.54

-6.07

-

Diluted earnings (loss) per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.81

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3.54

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

3

15

-

-

3

15

-

-

-

-

-

-

-

2,969

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

550

Weighted average number of shares outstanding, diluted (in shares)

3

15

-

-

3

16

-

-

-

-

-

-

-

2,969

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

550