Quest resource holding corporation (QRHC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'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'11Dec'10Sep'10
Revenue

25,331

22,959

23,925

25,445

26,649

25,260

25,920

27,928

24,695

-

31,930

41,370

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

20,788

18,297

19,154

20,695

22,106

20,844

21,449

23,500

21,148

-

27,904

36,922

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

42,539

45,039

46,157

46,843

45,770

44,232

43,567

42,330

40,008

46,798

46,981

42,514

38,160

37,890

28,898

402

313

355

335

236

217

17

10

-

1

-

-

Cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

38,354

-

42,562

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,189

42,284

40,812

40,049

38,913

36,722

43,222

43,129

39,005

34,827

36,049

26,232

108

39

-

-

8

3

4

2

-

1

-

-

Gross profit

4,542

4,662

4,771

4,749

4,542

4,416

4,470

4,427

3,547

3,052

4,026

4,448

4,185

3,673

3,595

3,654

3,486

3,420

3,518

3,416

3,285

3,575

3,851

3,508

3,332

1,841

2,665

293

273

319

335

236

217

12

7

-

0

-

-

Operating expenses:
Selling, general, and administrative

4,409

4,153

4,221

4,226

4,214

3,893

4,638

3,879

3,751

3,538

3,977

4,581

4,980

3,954

4,923

4,637

4,655

4,506

4,110

3,906

3,776

4,411

3,486

3,491

2,993

2,970

5,032

2,398

2,258

2,462

1,170

1,596

1,619

-

-

-

-

-

-

Depreciation and amortization

333

332

329

327

325

327

406

981

984

986

1,002

996

1,000

1,004

1,013

1,007

1,018

1,627

989

972

979

965

956

953

951

937

850

14

14

-

8

-

-

-

-

-

-

-

-

Gain on equity interest in Quest Resource Management Group, LLC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,449

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

24

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,850

-

-

-

-

-

-

-

-

-

-

-

-

Professional fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

915

149

109

60

120

75

161

75

Salaries and wages

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51

46

28

35

-

22

48

-

Licensing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

0

15

64

General and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

32

18

20

16

15

14

13

Marketing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31

28

17

15

14

15

6

11

Expense of reverse merger

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

Total operating expenses

4,743

4,485

4,550

4,554

4,540

4,221

5,045

4,860

4,736

4,525

4,980

5,578

5,980

4,958

5,936

5,645

5,673

6,134

5,099

4,878

4,756

5,376

4,443

4,445

3,945

3,907

9,284

2,413

2,273

20,113

1,178

1,617

1,644

173

133

188

127

246

166

Operating income (loss)

-200

176

220

195

2

195

-574

-433

-1,188

-1,473

-953

-1,130

-1,795

-1,285

-2,341

-1,990

-2,187

-2,714

-1,580

-1,462

-1,470

-1,801

-592

-936

-612

-2,066

-6,618

-2,120

-1,999

-19,794

-842

-1,380

-1,426

-161

-125

-184

-127

-246

-166

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

3

3

4

4

4

4

Interest expense

84

87

118

113

111

102

106

105

124

106

126

120

114

64

62

57

56

54

72

42

48

36

2,494

890

875

874

2,720

292

308

322

299

244

130

9

21

9

29

9

1

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,658

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Valuation expense-common stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

-

-

-

-

-

-

-

-

Valuation expense - common stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

-

-

-

-

-

-

-

Financing cost for senior secured convertible notes-related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,465

19,298

-4,111

0

2,055

-

-

-

-

-

-

Total other expense, net

-

-

-

-

-

-

-

-

-

106

126

120

114

64

62

57

56

54

72

42

48

36

4,152

890

875

874

2,720

292

1,773

17,046

278

218

2,186

-

-

-

-

-

-

Loss before taxes and equity income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,941

-9,339

-2,412

-3,773

-36,841

-1,121

-1,599

-3,613

-

-

-

-

-

-

Equity in Quest Resource Management Group, LLC income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

88

103

475

415

422

521

604

-

-

-

-

-

-

Loss before taxes

-284

89

101

81

-108

92

-680

-538

-1,312

-1,579

-1,080

-1,250

-1,909

-1,349

-2,403

-2,048

-2,243

-2,768

-1,653

-1,504

-1,519

-1,837

-4,744

-1,826

-1,488

-2,941

-9,251

-2,309

-3,297

-36,425

-698

-1,077

-3,008

-

-

-

-

-

-

Income tax expense (benefit)

-52

54

54

54

54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

1,818

-177

-352

-347

-

-

-

-

-

-

Total other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-19

-6

-17

-

-24

-5

3

Net loss

-231

34

46

27

-163

92

-680

-538

-1,312

-1,579

-1,080

-1,250

-1,909

-1,349

-2,403

-2,048

-2,243

-2,768

-1,653

-1,504

-1,519

-1,837

-4,744

-1,826

-1,488

-2,941

-9,251

-2,309

-3,297

-38,243

-521

-724

-2,661

-167

-143

-189

-151

-251

-162

Net loss applicable to common stockholders

-231

34

46

27

-163

92

-680

-538

-1,312

-1,579

-1,080

-1,250

-1,909

-1,349

-2,403

-2,048

-2,243

-2,768

-1,653

-1,504

-1,519

-1,837

-4,744

-1,826

-1,488

-2,941

-9,251

-2,309

-3,297

-38,243

-521

-724

-2,661

-

-

-

-

-

-

Net loss per share applicable to common stockholders
Basic

-0.02

0.01

0.00

0.00

-0.01

-

-0.04

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

-0.02

0.01

0.00

0.00

-0.01

-

-0.04

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-0.09

-0.10

-0.07

-0.08

-0.13

-0.09

-0.16

-0.14

-0.16

-0.29

-0.12

-0.11

-0.01

-0.01

-0.05

-0.02

-0.02

-0.03

-0.10

-0.04

-0.06

-0.65

-0.01

-0.02

-0.06

0.01

-0.02

0.00

-0.01

-0.01

0.00

Weighted average number of common shares outstanding
Basic and diluted

-

-

-

-

-

-

-

-

15,302

15,292

15,281

15,276

15,272

15,275

14,853

14,839

13,982

-83,696

13,964

13,960

111,617

111,746

97,999

96,649

95,821

96,384

88,537

65,338

57,961

84,404

48,480

47,534

47,534

-

7,751

-

36,725

-

-

Basic

15,396

15,369

15,350

15,339

15,328

-

15,313

15,307

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,930

-

-

-

36,059

35,811

Diluted

15,396

15,298

15,398

15,362

15,328

-

15,313

15,307

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,930

-

-

-

36,059

35,811