Saexploration holdings, inc. (SAEX)
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'11
Revenue from services

125,385

49,368

23,274

89,537

93,055

29,661

15,003

16,883

37,123

4,842

22,452

13,559

86,169

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of services

89,259

-

17,075

-

70,125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from services

-

-

-

-

-

-

-

-

-

-

-

-

-

25,368

32,994

57,049

90,153

23,651

57,943

66,865

79,678

88,205

107,812

103,141

87,662

70,693

47,429

42,380

84,766

-

75,467

74,393

-

-

-

-

-

Cost of services

-

-

-

74,922

-

25,693

16,193

19,710

26,005

5,654

18,172

11,629

57,774

20,618

27,469

36,520

59,511

-

39,719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

5,133

3,623

2,930

3,613

2,862

4,540

2,951

2,295

2,421

2,718

2,809

2,947

3,251

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense included in cost of services

-

-

-

-

-

-

-

-

-

-

-

-

-

3,890

4,149

4,172

4,199

-

4,474

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of services excluding depreciation and amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,889

54,271

-

90,333

81,326

64,428

-

-

29,270

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense included in cost of services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,794

4,400

304,169

4,276

3,434

3,526

67,554

51,745

3,426

64,768

-

64,586

61,416

-

-

-

-

-

Gross profit

30,993

10,216

3,269

11,002

20,068

-572

-4,141

-5,122

8,697

-3,530

1,471

-1,017

25,144

860

1,376

16,357

26,443

-176

13,750

16,182

21,007

4,918

13,203

18,381

19,708

17,566

-4,316

9,684

19,998

-

10,881

12,977

-

-

-

-

-

Operating expenses:
Selling, general and administrative expenses

12,149

11,130

13,698

10,821

9,287

12,885

14,576

8,366

5,686

6,625

5,956

6,346

6,630

8,374

6,920

7,213

6,746

8,131

8,798

8,737

8,876

9,276

10,057

10,481

9,729

12,222

7,674

6,127

7,466

-

7,556

6,577

-

-

-

-

-

Misappropriation of funds

-

-

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Misappropriation of funds

-

-

-

121

152

454

265

128

233

177

123

115

67

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

12,149

5,710

13,753

10,942

9,439

13,339

14,841

8,494

5,919

6,802

6,079

6,461

6,697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

591

583

-

-

0

0

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

259

257

265

-

171

149

-

-

-

-

-

Loss on disposal/sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

-42

-61

-

116

-382

-

-

-

-

-

General and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

157

201

77

8

0

General and administrative expenses - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

-

30

2

-

Operating income

18,844

4,506

-10,484

60

10,629

-13,911

-18,982

-13,616

2,778

-10,332

-4,608

-7,478

18,447

-12,056

-5,544

9,144

19,697

-8,939

4,952

7,445

12,131

-4,358

3,146

7,900

9,979

6,232

-12,858

2,675

12,206

9,285

3,270

5,869

-187

-231

-107

-10

-0

Other (expense) income, net:
Interest expense, net

-3,708

-3,817

-3,714

-3,632

-3,497

-3,633

-4,738

-2,346

-3,141

-4,948

-7,496

-8,561

-8,358

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs incurred on debt restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,891

-2,334

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,014

-

-

-

-17,157

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of note payable to related parties  Former SAE stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-4,587

-507

-

-

0

0

-

-

-

-

-

-

-

-

Change in fair value of notes payable to Former SAE stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

8,143

7,493

4,033

4,028

3,682

4,380

4,344

4,333

4,411

4,196

4,141

4,030

3,767

4,677

3,427

3,385

-

632

471

-

-

-

-

-

Foreign exchange (loss) gain, net

-5,454

415

-1,351

373

127

-907

-331

-2,005

-174

-613

341

-1,347

311

-139

-322

813

1,625

1,039

-3,501

510

-2,441

-2,399

-1,252

494

-294

-576

120

-842

-457

-

470

-40

-

-

-

-

-

Other income, net

928

147

1,875

784

129

-283

1,372

92

145

19

-206

-72

-13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other expense, net

-8,234

-10,231

-3,190

-2,475

-3,241

-4,823

-3,697

-4,259

-3,170

-5,542

-7,361

-9,980

-8,060

-55

-1

26

-5

13

145

-185

-193

-218

-181

545

148

170

151

-1,308

-137

-

-316

198

-

-

-

-

-

Total other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

8,551

10,707

5,528

2,408

2,630

4,722

4,019

6,967

7,028

22,786

7,689

4,683

4,804

4,406

5,577

3,979

-

478

313

-

-

-

-

-

Income before income taxes

10,610

-5,725

-13,674

-2,415

7,388

-18,734

-22,679

-17,875

-392

-15,874

-11,969

-17,458

10,387

-20,607

-16,251

3,616

17,289

-11,569

230

3,426

5,164

-11,386

-19,640

211

5,296

1,428

-17,264

-2,902

8,227

-

2,792

5,556

-

-

-

-

-

Income taxes

541

2,357

-689

2,853

3,666

-37

-48

-34

-1

559

1,769

592

1,822

1,506

1,146

2,739

665

1,159

44

271

1,219

7,708

1,906

-550

3,812

-3,125

12,838

-1,583

2,365

-

310

483

-

-

-

-

-

Net income

10,069

-8,082

-12,985

-5,268

3,722

-18,697

-22,631

-17,841

-391

-16,433

-13,738

-18,050

8,565

-22,113

-17,397

877

16,624

-12,728

186

3,155

3,945

-19,094

-21,546

761

1,484

-

-

-1,319

5,862

-

-

-

-

-

-

-

-

Less: net income attributable to noncontrolling interest

1,420

0

0

1,164

1,409

1

10

59

835

0

-75

65

1,982

0

15

622

2,384

305

295

1,059

2,774

-197

1,862

907

786

-

-

0

0

-

-

-

-

-

-

-

-

Interest Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

0

0

-

Net income attributable to SAExploration

8,649

-8,082

-12,985

-6,432

2,313

-18,698

-22,641

-17,900

-1,226

-16,433

-13,663

-18,115

6,583

-22,113

-17,412

255

14,240

-13,033

-109

2,096

1,171

-18,897

-23,408

-146

698

4,508

-30,102

-1,319

5,862

2,611

2,482

5,073

-181

-229

-106

-10

-0

Weighted average shares outstanding, basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,725

Earnings per common share:

-

-

-1.64

-0.81

-

-2.50

-8.41

-9.72

-48.36

-34.89

-29.07

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

0.00

0.08

0.00

0.00

-0.08

-0.11

-0.05

-0.01

0.00

Basic

0.87

-

-

-

0.30

-

-

-

-

-

-

-

-

-115.64

-2.62

1.97

110.16

-102.66

-0.93

18.96

0.08

-1.31

-1.57

-0.01

0.05

-0.59

-2.25

-0.19

0.93

-

0.44

0.89

-

-

-

-

-

Diluted

0.50

-

-

-

0.21

-

-

-

-

-

-

-

-

-115.56

-2.62

1.97

110.08

-102.66

-0.93

18.96

0.08

-1.31

-1.57

-0.01

0.05

-0.57

-2.25

-0.19

0.91

-

0.44

0.89

-

-

-

-

-

Weighted average common shares outstanding:
Weighted average common shares outstanding (basic and diluted)

-

-

7

7

-

7

3

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,220

-

2,223

1,763

-

Basic

9

-

-

-

7

-

-

-

-

-

-

-

-

9,434

6,639

129

129

-14,682

117

110

14,922

14,897

14,870

14,870

14,149

13,534

13,402

6,782

6,321

-

5,685

5,685

-

-

-

-

-

Diluted

20

-

-

-

18

-

-

-

-

-

-

-

-

9,434

6,639

129

129

-14,682

117

110

14,922

14,176

14,870

14,870

14,870

13,399

13,402

6,782

6,456

-

5,685

5,685

-

-

-

-

-