TELLURIAN INC. /DE/ TELL Income Statement

Tellurian inc. /de/ (TELL)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
Revenues:
Revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	1,265	1,590	1,927	1,907	1,633	2,134	1,523	1,706	1,442	1,460	1,775	4,633	2,701	3,296	3,752	3,135	2,756	2,170
Related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gas production
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	306	200	195	172	501	439	467	460	458	409
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	928	1,270	1,246	1,119
Natural gas sales
8,217	9,138	9,344	5,333	4,959	1,873	799	813	6,801	5,441	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,748	1,660	1,970	4,805	3,202	3,735	5,149	4,866	4,461	3,699
Operating costs and expenses:
Cost of sales
2,879	2,478	2,241	1,240	1,112	732	723	217	4,443	7,565	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Development expenses
11,183	13,391	15,685	18,678	11,875	11,163	11,004	12,895	8,972	14,516	8,785	14,608	21,589	16,724	15,917	11,752	2,753	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,270	1,214	1,543	1,397	1,001	2,316	103	1,032	1,665	2,051	2,485	4,135	3,259	3,018	2,832	2,054	2,520	1,839
Salaries and employee benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	941
Depreciation, depletion and amortization
5,832	6,458	7,409	4,048	2,531	533	315	342	377	248	92	79	60	9	-	-	-	13	19	-404	37	260	255	167	337	469	150	243	230	332	316	503	401	366	474	1,345	125	429	989
Exploration
-	-	-	-	-	-	-	-	-	-	-	-	-	8	-	-	-	22	17	-717	48	486	422	708	1,605	547	624	796	2,395	4,094	622	2,673	1,625	1,006	987	1,373	452	614	413
General and administrative expenses
17,239	19,662	22,369	23,403	22,053	20,731	20,437	22,208	18,401	18,964	17,218	18,212	44,480	649	28,533	4,764	4,440	1,131	1,765	945	2,475	2,137	2,389	2,674	1,588	2,176	2,647	384	2,204	3,394	3,663	4,007	3,225	3,347	2,512	-	2,681	5,036	-
Severance and reorganization charges
5,500	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charge and loss on transfer of assets
-	-	0	0	-	-	2,704	1,809	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of proved oil and gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	890	328	0	0	0	-	122	-	-
Goodwill, Impairment Loss
-	-	-	-	-	-	-	-	-	8	0	0	77,592	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Auditing, accounting and legal services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	238
Accretion expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	149
Shareholder communications
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	153
Loss on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	36,384	19	-98	4,108	14	490	443	20
Total operating costs and expenses
42,638	41,989	47,704	47,369	37,571	33,159	35,183	37,471	32,193	41,293	26,095	32,899	143,721	666	44,450	16,516	7,193	1,166	1,801	-2,344	2,560	4,153	4,280	5,092	4,927	4,193	5,737	1,526	5,861	9,485	7,542	-26,388	9,367	8,076	2,883	25,632	4,946	8,158	7,658
Foreign transaction (gain) loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,203
Loss from operations
-34,421	-32,851	-38,360	-42,036	-32,612	-31,286	-34,384	-36,658	-25,392	-35,852	-26,095	-32,899	-143,721	-666	-44,450	-16,516	-7,193	-1,166	-1,801	-511	-2,560	-2,888	-2,690	-3,165	-3,020	-2,560	-3,603	-509	-4,155	-7,737	-5,882	28,358	-4,562	-4,874	852	-20,482	-80	-3,697	-3,958
Gain on preferred stock exchange feature
-	-	-	-	-	-	-	-	-	0	0	0	2,209	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-6,396	-6,290	-6,079	-3,399	-587	-290	924	552	388	-	438	-	-	-	-	-	-	-	-	-	-	-17	0	-130	-80	-5	-18	-161	-20	258	221	392	-33	119	271	-	190	221	-
Gain (loss) on investment in securities
-	-	-	-	-	-	-	-	-	-	-	-	-	138	-	-	-	117	-261	-14,919	-168	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value revision of contingent consideration payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,888	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
83	1,600	4,832	4,942	-927	60	79	70	2	161	3,362	376	163	-3	49	69	-	42	22	52	117	20	63	223	28	-45	-60	361	449	-127	15	4	5	0	0	-	-	-	-
Total other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	135	-	-	-	159	-239	-14,850	1,837	3	63	2,486	-52	-50	-78	658	429	131	236	396	-28	119	271	-	190	221	-
Impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,749
Loss before income taxes
-40,734	-37,541	-39,607	-40,493	-34,126	-31,516	-33,381	-36,036	-25,002	-35,107	-22,295	-32,523	-141,349	-531	-44,401	-16,447	-7,193	-1,007	-2,040	-15,361	-723	-2,885	-2,627	-679	-3,072	-2,610	-3,681	149	-3,726	-7,606	-5,646	28,754	-4,590	-4,755	1,123	-	-	-	-
Warrant expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Investment income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-246
Loss before income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	110	-3,475	-3,712
Income tax benefit
0	0	0	0	0	0	-190	-182	182	-384	569	0	0	0	4	-170	0	0	0	-43	43	0	0	-	0	-	-	-	-	-321	-336	-5,951	0	-198	198	6,642	178	-1,378	-301
Net loss attributable to non-controlling interest in subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-170	0	-	0	0	-	-	-	-	-	0	0	0	-15	11	17	1	-35
Net Income (Loss) Attributable to Parent
-40,734	-37,541	-39,607	-40,493	-34,126	-31,516	-33,191	-35,854	-25,184	-34,723	-22,864	-32,523	-141,349	-28,780	-44,405	-16,277	-7,193	-	-	-	-	-2,715	-2,627	-65	24,521	-4,112	-4,835	-	-4,332	-	-	34,705	-4,590	-4,557	940	-26,872	-84	-2,099	-3,376
Net loss per common share
Loss from continuing operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-531	-	-	-	-1,007	-2,040	-	-766	-	-	-	-3,072	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	4	-	-	-	-362	-1,011	-	-1,349	-	-	784	-2,589	-1,502	-1,154	-	-606	-	-	-	-	-	-	-	-	-	-
Gain on disposal of discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	-	-	-	30,182	-	0	-	0	-	-	-	-	-	-	-	-	-	-
Net income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	4	-	-	-	-362	-1,011	-	-1,349	-	-	614	27,593	-1,502	-1,154	-	-606	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-527	-	-	-	-1,369	-3,051	-35,373	-2,115	-2,885	-2,627	-	24,521	-4,112	-	-	-	-7,285	-5,310	34,705	-4,590	-4,557	925	-26,861	-67	-2,097	-3,411
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	460	452	443	437	430	430	428	432	421	415	722	0	0	0	-	-	-	-	-	-	-	-
Adjustment of preferred stock to redemption value
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-527	-	-	-	-1,829	-3,503	-35,986	-2,552	-3,145	-3,057	-493	24,089	-4,533	-5,250	-3,562	-4,332	-7,285	-5,310	-	-	-	-	-	-	-	-
Weighted average number of basic shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	5,879	-	-	-	5,757	5,702	5,711	5,712	5,709	5,706	-113,359	45,348	45,348	45,348	44,774	46,084	53,860	53,849	53,784	53,835	53,835	52,915	-	-	-	52,335
Weighted average number of diluted shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	5,879	-	-	-	5,757	5,702	5,711	5,712	5,709	5,706	-113,359	45,348	45,348	45,348	-	46,084	-	-	-	-	53,835	54,720	-	-	-	52,335
Net loss from continuing operations, including preferred stock dividends and adjustment to redemption value of preferred stock, basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.09	-	-	-	-0.25	-0.44	-	-	-0.55	-0.54	-	-0.08	-0.07	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from discontinued operations, basic and diluted (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	-0.06	-0.18	-	-	-	-	-	0.61	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted (in dollars per share)
-0.18	-0.16	-0.18	-0.19	-0.16	-0.15	-0.15	-0.17	-0.12	-0.02	-0.12	-0.17	-0.92	-0.09	-0.37	-0.15	-0.16	-0.32	-0.61	-	-	-0.55	-0.54	-	0.53	-0.10	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average shares outstanding:
Basic and diluted (in shares)
221,133	218,832	218,780	218,742	217,838	217,613	217,380	206,531	204,772	221,424	192,405	186,102	154,213	108,692	120,128	109,967	44,393	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings (loss) from continuing operations attributable to Magellan Petroleum Corporation, including preferred stock dividends and adjustment to redemption value of preferred stock (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.21	-	-	-	-	-	-0.09	-	-0.08	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.24	-	-	-	-	-	-0.03	-	-0.01	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common stockholders (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.45	-	-	-	-	-	-0.12	-0.08	-0.09	-0.14	-0.10	0.64	-0.09	-0.08	0.02	-	-	-	-
Net loss from continuing operations attributable to Magellan Petroleum Corporation, including preferred stock dividends, anti-dilutive conversion effect (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.21	-	-	-	-	-	-0.09	-	-0.08	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.24	-	-	-	-	-	-0.03	-	-0.01	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common stockholders (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.45	-	-	-	-	-	-0.12	-	-0.09	-	-	-	-	-	0.02	-	-	-	-
Average Number of Basic and Diluted Common Shares Outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52,455	52,335	-
Net (Loss) income per basic and dilutive common shares attributable to Magellan Petroleum Corporation common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.04	-0.06
Natural gas revenue
Total revenue
-	-	9,344	5,333	-	1,872	799	813	939	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Predecessor [Member]
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-481	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LNG sales
Total revenue
-	-	0	0	-	0	0	0	2,689	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other LNG revenue
Total revenue
-	-	0	0	-	1	0	0	3,173	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Predecessor
Related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Development expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	460	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	512	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-481	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense (Benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-481	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas sales
Total revenue
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-