PURE CYCLE CORP PCYO Income Statement

Pure cycle corp (PCYO)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10
Revenues:
Total revenues
3,518	10,461	9,473	5,184	2,630	3,072	-	1,212	844	-	-	134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Metered water usage
-	-	-	-	-	-	-	-	-	922	-	-	190	141	-	35	27	56	76	73	328	491	850	314	392	321	-	89	-	-	-	-	-	-	-	-	-	-
Metered water usage
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	104	46	-	32	24	41	63	31	25	36
Wastewater treatment fees
-	-	-	-	-	-	-	-	-	11	-	-	11	12	-	10	10	10	12	12	13	11	11	11	12	9	10	10	10	10	10	11	11	12	-	17	-	-
Farm operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	305	362	-	0	-	-	-	5	20	1
Wastewater treatment fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	17
Special facility funding recognized
-	-	-	-	-	-	-	-	-	0	-	-	10	10	-	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10
Water tap fees recognized
-	-	-	-	-	-	-	-	-	49	-	-	3	3	-	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Other
-	-	-	-	-	-	-	-	-	26	-	-	21	31	-	40	24	44	-	20	-	-	-	-	-	-	-	-	0	4	-	0	-	-	-	-	-	-
Farm operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	263	-	328	306	220	-	296	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	52	9	10	10	12	-	3	-	-	-	-	-	-	-	-	-	-
Total revenues
-	-	-	-	-	-	-	-	-	1,010	-	-	237	199	-	100	76	125	-129	120	371	833	30	678	735	578	571	413	434	438	109	57	49	67	93	63	56	67
Expenses:
Cost incurred related to water service operations.
207	253	537	400	229	335	-	418	136	-	-	76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost incurred related to wastewater service operations.
37	26	6	14	4	2	-	6	8	-	-	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs incurred related to construction of land development.
1,817	8,063	5,588	2,588	1,829	1,298	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs incurred related to lot fee construction costs.
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amount of other costs incurred and are directly related to services rendered by an entity during the reporting period.
3	23	35	33	31	39	-	24	24	-	-	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depletion and depreciation
382	219	430	225	161	151	-	145	110	-	-	69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Water service operations
-	-	-	-	-	-	-	-	-	351	-	-	77	79	-	65	58	67	161	73	92	136	240	94	111	102	50	59	52	26	-	16	-	-	18	11	7	14
Wastewater service operations
-	-	-	-	-	-	-	-	-	5	-	-	7	7	-	7	6	7	44	9	6	6	13	6	7	10	4	4	4	3	-	5	-	-	-	-	-	-
Farm operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	-	23	20	20	-	27	-	-	-	-	-	-	-	-	-	-
Farm operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	19	-	0	-	-	-	-	-	-
Depletion and depreciation
-	-	-	-	-	-	-	-	-	55	-	-	67	41	-	41	41	41	41	42	45	43	40	38	37	33	23	22	22	22	22	22	22	22	22	22	22	22
Other
-	-	-	-	-	-	-	-	-	16	-	-	16	16	-	20	14	15	19	14	10	10	6	12	7	13	-19	0	19	0	-	0	-	-	-14	4	4	4
Total cost of revenues
2,448	8,586	6,598	3,262	2,256	1,826	2,856	595	279	430	322	167	168	145	141	134	120	131	241	139	155	223	236	174	184	180	81	114	125	71	57	44	39	47	45	38	33	41
Gross profit
1,070	1,874	2,875	1,922	374	1,245	1,035	617	564	579	335	-33	68	53	7	-33	-44	-6	-370	-19	216	610	-206	504	551	398	489	298	309	366	52	13	10	20	47	25	23	26
General and administrative expenses
1,036	801	1,242	665	559	638	1,038	635	519	660	790	518	449	443	546	431	449	422	414	384	492	647	292	848	684	619	474	460	559	838	569	621	583	599	542	481	767	421
Depreciation
95	84	36	97	90	88	3	69	59	119	126	79	74	73	70	67	62	52	46	44	47	35	16	7	7	15	55	55	54	55	-	55	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	53	-	53	53	53
Operating (loss) income
-61	988	1,596	1,158	-275	519	-6	-87	-14	-200	-581	-631	-455	-463	-608	-532	-556	-481	-832	-448	-324	-72	-515	-351	-140	-237	-41	-217	-305	-526	-12,575	-663	-628	-632	-547	-509	-797	-448
Other income (expense):
The amount of gain (loss) recognized from reimbursement of construction costs.
0	6,275	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas lease income, net
61	61	13	13	13	13	-	13	13	-	-	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas lease income, net
-	-	-	-	-	-	-	-	-	9	-	-	6	5	-	31	161	161	161	161	161	161	161	149	106	106	105	103	103	103	111	104	103	103	-	95	-	-
Oil and gas royalty income, net
269	269	35	37	44	31	38	61	49	41	22	24	71	68	72	76	72	122	-	262	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Easement income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Interest income
83	54	51	53	121	71	30	69	52	54	58	59	66	73	33	66	77	63	0	6	11	3	-11	17	3	3	13	4	7	8	10	12	13	15	11	14	10	16
Other
0	0	31	-2	-0	-1	-1	-1	-1	-2	-2	-2	-2	-2	5	-2	3	-2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-543	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-97	-	-	-314	-319	-	-361	-242	-136	-	-5	-151	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	0	-	-	-2	-18	-	-61	-28	39	-	36	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	12	-0	6	104	15	37	2	3	1	2	1	-	-0	9	-	-	-	-	-
Loss from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from operations before income taxes
352	7,649	1,728	1,261	-96	633	-	54	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
78	1,887	-1,283	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64	-	51	60	64	-	73	73	26	-	0	-	-	-	-	-	-
Interest expensed on Convertible Note - Related Party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	91
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	-
Interest imputed on the Tap Participation Fee payable to HP A&M
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	-	248	403	657	858	871	650	894	883	872	862	851	984	969	954	940
Interest expense on Convertible Note - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60	-
Net income (loss)
273	5,762	3,011	1,261	-96	633	356	54	100	-96	-501	-554	-317	-337	-520	-422	-270	-97	-23,082	30	-85	10	1,372	-381	-455	-846	-849	-1,052	-914	-1,333	-13,273	-1,419	-1,363	-1,361	-1,411	-1,362	-1,780	-1,460
Unrealized holding gains (losses)
-	-	-	-	-	-	-	-	-	19	-	-	-12	-22	-	-35	13	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized holding gain (loss) on investments
0	-3	-8	-0	-65	11	-	40	11	-	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	2	-	-0	1	2	-	-	-	-
Total comprehensive income (loss)
274	5,758	3,003	1,261	-161	645	362	95	111	-76	-488	-546	-329	-360	-494	-457	-257	-97	-	30	-85	-	-	-	-	-	-	-1,052	-912	-1,331	-	-1,420	-1,362	-	-	-	-	-
Basic net income (loss) per common share (in dollars per share)
0.01	-	-	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net income (loss) per common share (in dollars per share)
0.01	-	-	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	0.00	-0.03	-0.02	-0.01	-0.01	-0.03	-0.02	-0.01	0.00	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,359	-	-	-	-
Basic and diluted net income per common share (in dollars per share)
-	0.24	-	-	-	0.03	-	-	-	0.00	-0.03	-0.02	-0.01	-0.01	-0.03	-0.02	-0.01	0.00	-0.96	0.00	0.00	0.00	0.07	-0.02	-0.02	-0.04	-0.03	-0.04	-0.04	-0.06	-0.54	-0.06	-0.06	-0.06	-0.05	-0.06	-0.08	-0.07
Weighted average common shares outstanding-basic (in shares)
23,846	23,826	23,809	23,801	23,799	23,772	-	23,764	23,760	-	-	23,754	23,754	-	-	23,754	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average common shares outstanding diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,754	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average common shares outstandingbasic and diluted
-	-	-	-	-	-	-	-	-	23,754	-	-	-	23,754	-	-	23,754	23,912	24,051	24,037	24,037	24,037	24,037	24,037	24,037	24,037	24,037	24,037	24,037	24,037	24,037	24,037	24,037	24,037	-	24,037	-	-
Weighted average common shares outstanding-diluted (in shares)
24,109	24,050	24,211	24,003	23,799	23,996	-	23,955	23,915	-	-	23,754	23,814	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,112	21,466
Wholesale water usage revenues upon delivering water to its customers or its governmental customer's end-use customers, as applicable.
Total revenues
36	140	1,854	1,396	34	1,367	-	1,162	803	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wholesale water usage revenues upon delivering oil and gas to its customers or its governmental customer's end-use customers, as applicable.
Total revenues
19	-	-	-	124	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wastewater monthly treatment fees based on usage.
Total revenues
19	20	11	7	7	8	-	11	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
A tap fee constitutes a right to connect to the Company's wholesale water and wastewater systems through a service line to a residential or commercial building or property, and once granted, the customer may make a physical tap into the wholesale line(s) to connect its property for water and/or wastewater service.
Total revenues
1,172	-	-	-	467	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Water tap fee constitutes a right to connect to the Company's wholesale water and wastewater systems through a service line to a residential or commercial building or property, and once granted, the customer may make a physical tap into the wholesale line(s) to connect its property for water and/or wastewater service.
Total revenues
-	1,672	-	1,034	-	254	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Land development activities real estate held and assets that are an addition or improvement to real estate held.
Total revenues
-	-	-	2,708	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from operations before income taxes
-	-	-	120	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue derived from lot sales.
Total revenues
2,265	8,541	-	-	1,946	1,381	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other [Member]
Total revenues
4	86	22	37	50	59	-	37	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-