2019 Q3 Form 10-Q Financial Statement

#000156459019039444 Filed on November 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q4 2018 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue $65.70M
YoY Change
Gross Profit $35.60M
YoY Change
Gross Profit Margin
Selling, General & Admin $17.60M
YoY Change
% of Gross Profit 49.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.500M
YoY Change
% of Gross Profit 18.26%
Operating Expenses $34.60M $200.0K $100.0K
YoY Change 34500.0% 0.0% 0.0%
Operating Profit $1.018M -$211.5K -$137.7K
YoY Change -839.36% 45.85%
Interest Expense $3.315M $2.400M $2.100M
YoY Change 57.86%
% of Operating Profit 325.64%
Other Income/Expense, Net
YoY Change
Pretax Income -$2.297M $2.173M $1.931M
YoY Change -218.92% -1480.05% -2146.06%
Income Tax -$700.0K
% Of Pretax Income
Net Earnings -$1.598M $2.200M $1.900M
YoY Change -184.11% -1200.0% -2000.0%
Net Earnings / Revenue
Basic Earnings Per Share -$0.03
Diluted Earnings Per Share -$0.03 $39.08K $33.75K
COMMON SHARES
Basic Shares Outstanding 59.68M shares
Diluted Shares Outstanding 59.68M shares

Balance Sheet

Concept 2019 Q3 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $100.0K $92.23M $500.0K
YoY Change -80.0% 22957.25% -68.75%
Cash & Equivalents $111.2M $92.23M $512.8K
Short-Term Investments $0.00
Other Short-Term Assets $0.00 $5.142M $100.0K
YoY Change -100.0% 5042.0% -50.0%
Inventory
Prepaid Expenses $21.25K $2.538M
Receivables
Other Receivables
Total Short-Term Assets $100.8K $102.0M $585.6K
YoY Change -82.78% 20028.65% -67.5%
LONG-TERM ASSETS
Property, Plant & Equipment $92.44M
YoY Change
Goodwill $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $429.7M $140.7M $454.5M
YoY Change -5.46% -68.73% 1.0%
Total Long-Term Assets $429.7M $233.2M $454.5M
YoY Change -5.46% -48.19% 1.01%
TOTAL ASSETS
Total Short-Term Assets $100.8K $102.0M $585.6K
Total Long-Term Assets $429.7M $233.2M $454.5M
Total Assets $429.8M $335.2M $455.1M
YoY Change -5.56% -25.6% 0.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $5.807M $252.5K $78.74K
YoY Change 7275.22% 60.41% -93.92%
Deferred Revenue $1.800M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $62.50M
YoY Change
Total Short-Term Liabilities $5.807M $85.88M $78.74K
YoY Change 7275.22% 54466.36% -93.92%
LONG-TERM LIABILITIES
Long-Term Debt $3.000M $168.9M $0.00
YoY Change
Other Long-Term Liabilities $15.80M $15.80M $15.80M
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Liabilities $18.80M $192.2M $15.80M
YoY Change 18.99% 1116.29% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.807M $85.88M $78.74K
Total Long-Term Liabilities $18.80M $192.2M $15.80M
Total Liabilities $24.56M $16.00M $15.83M
YoY Change 55.14% 0.6% -7.14%
SHAREHOLDERS EQUITY
Retained Earnings $4.999M -$17.20M $4.316M
YoY Change 15.81% 4470.48% -2071.75%
Common Stock $0.00 $682.4K
YoY Change -100.0% -86.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.832M
YoY Change
Treasury Stock Shares
Shareholders Equity $70.31M $57.12M $5.000M
YoY Change
Total Liabilities & Shareholders Equity $429.8M $335.2M $455.1M
YoY Change -5.56% -25.6% 0.73%

Cashflow Statement

Concept 2019 Q3 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income -$1.598M $2.200M $1.900M
YoY Change -184.11% -1200.0% -2000.0%
Depreciation, Depletion And Amortization $6.500M
YoY Change
Cash From Operating Activities $19.57M -$90.00K $370.0K
YoY Change 5189.19% -78.05% -1025.0%
INVESTING ACTIVITIES
Capital Expenditures -$9.790M
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$105.9M $0.00 $0.00
YoY Change
Cash From Investing Activities -$115.7M $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 107.9M 90.00K 0.000
YoY Change -110.59% -100.0%
NET CHANGE
Cash From Operating Activities 19.57M -90.00K 370.0K
Cash From Investing Activities -115.7M 0.000 0.000
Cash From Financing Activities 107.9M 90.00K 0.000
Net Change In Cash 11.72M 0.000 370.0K
YoY Change 3067.57% -100.0% -223.33%
FREE CASH FLOW
Cash From Operating Activities $19.57M -$90.00K $370.0K
Capital Expenditures -$9.790M
Free Cash Flow $29.36M
YoY Change

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<p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;text-indent:4.54%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S.&#160;GAAP requires the Company&#8217;s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </p>
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tpgh-ex311_7.htm Edgar Link pending
tpgh-ex312_9.htm Edgar Link pending
tpgh-ex321_6.htm Edgar Link pending
tpgh-ex322_8.htm Edgar Link pending