2022 Q1 Form 10-Q Financial Statement

#000150958922000060 Filed on May 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $817.8M $74.16M
YoY Change 1002.78% 22.77%
Cost Of Revenue $41.73M $9.636M
YoY Change 333.07% -0.66%
Gross Profit $776.1M $64.52M
YoY Change 1102.79% 27.26%
Gross Profit Margin 94.9% 87.01%
Selling, General & Admin $83.24M $14.22M
YoY Change 485.43% 5.32%
% of Gross Profit 10.73% 22.04%
Research & Development $528.0K $96.00K
YoY Change 450.0% -76.0%
% of Gross Profit 0.07% 0.15%
Depreciation & Amortization $184.9M $18.82M
YoY Change 882.1% -12.79%
% of Gross Profit 23.82% 29.17%
Operating Expenses $415.8M $50.67M
YoY Change 720.63% -36.96%
Operating Profit $360.2M $13.85M
YoY Change 2500.88% -146.66%
Interest Expense $9.066M $419.0K
YoY Change 2063.72% -99.58%
% of Operating Profit 2.52% 3.03%
Other Income/Expense, Net -$287.0M -$23.65M
YoY Change 1113.44% -124.0%
Pretax Income $115.0M -$163.0K
YoY Change -70652.15% -100.21%
Income Tax $23.40M -$44.00K
% Of Pretax Income 20.35%
Net Earnings $91.64M -$119.0K
YoY Change -77107.56% -100.15%
Net Earnings / Revenue 11.21% -0.16%
Basic Earnings Per Share $1.08 -$0.01
Diluted Earnings Per Share $1.07 -$0.01
COMMON SHARES
Basic Shares Outstanding 84.84M shares 20.84M shares
Diluted Shares Outstanding 85.33M shares 20.84M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $154.3M $38.70M
YoY Change 298.89% 251.77%
Cash & Equivalents $154.3M $38.70M
Short-Term Investments
Other Short-Term Assets $21.89M $3.468M
YoY Change 531.23% -95.87%
Inventory $14.56M $9.601M
Prepaid Expenses
Receivables $410.4M $37.60M
Other Receivables $0.00 $0.00
Total Short-Term Assets $674.1M $104.9M
YoY Change 542.6% -36.37%
LONG-TERM ASSETS
Property, Plant & Equipment $6.311B $1.012B
YoY Change 523.77% -3.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.86M $2.888M
YoY Change 345.26% -15.9%
Total Long-Term Assets $6.360B $1.103B
YoY Change 476.38% 0.38%
TOTAL ASSETS
Total Short-Term Assets $674.1M $104.9M
Total Long-Term Assets $6.360B $1.103B
Total Assets $7.034B $1.208B
YoY Change 482.13% -4.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.43M $14.01M
YoY Change 110.09% -6.63%
Accrued Expenses $53.60M $1.936M
YoY Change 2668.44% -50.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $96.00K
YoY Change
Total Short-Term Liabilities $1.336B $94.28M
YoY Change 1316.62% -2.17%
LONG-TERM LIABILITIES
Long-Term Debt $492.1M $0.00
YoY Change -100.0%
Other Long-Term Liabilities $562.8M $67.25M
YoY Change 736.81% -26.9%
Total Long-Term Liabilities $1.055B $67.25M
YoY Change 1468.59% -55.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.336B $94.28M
Total Long-Term Liabilities $1.055B $67.25M
Total Liabilities $2.396B $161.5M
YoY Change 1383.49% -34.78%
SHAREHOLDERS EQUITY
Retained Earnings $438.2M $333.6M
YoY Change 31.33% 8.05%
Common Stock $4.916M $4.282M
YoY Change 14.81% -0.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.638B $1.047B
YoY Change
Total Liabilities & Shareholders Equity $7.034B $1.208B
YoY Change 482.13% -4.41%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $91.64M -$119.0K
YoY Change -77107.56% -100.15%
Depreciation, Depletion And Amortization $184.9M $18.82M
YoY Change 882.1% -12.79%
Cash From Operating Activities $532.5M $42.96M
YoY Change 1139.51% -10.48%
INVESTING ACTIVITIES
Capital Expenditures -$560.8M -$28.95M
YoY Change 1837.34% -207.61%
Acquisitions
YoY Change
Other Investing Activities -$212.0K $0.00
YoY Change
Cash From Investing Activities -$516.3M -$28.95M
YoY Change 1683.54% 7.73%
FINANCING ACTIVITIES
Cash Dividend Paid $103.6M $0.00
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$116.3M -$64.00K
YoY Change 181690.63% -99.7%
NET CHANGE
Cash From Operating Activities $532.5M $42.96M
Cash From Investing Activities -$516.3M -$28.95M
Cash From Financing Activities -$116.3M -$64.00K
Net Change In Cash -$100.1M $13.95M
YoY Change -817.5% 26730.77%
FREE CASH FLOW
Cash From Operating Activities $532.5M $42.96M
Capital Expenditures -$560.8M -$28.95M
Free Cash Flow $1.093B $71.91M
YoY Change 1420.42% 240.91%

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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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InterestPaidNet
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CY2021Q1 us-gaap Interest Paid Net
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DerivativeGainLossOnDerivativeNet
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CashSettlementGainLoss
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CashSettlementGainLoss
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AccruedMergerTransactionCostsCurrent
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CY2022Q1 civi Accrued Oil And Natural Gas Liquid Hedging Current
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CY2021Q4 civi Accrued Oil And Natural Gas Liquid Hedging Current
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CY2022Q1 civi Accrued Interest Current
AccruedInterestCurrent
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CY2021Q4 civi Accrued Interest Current
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CY2022Q1 civi Interest Expense Debt Including Capitalized Interest
InterestExpenseDebtIncludingCapitalizedInterest
9100000 USD
CY2021Q1 civi Interest Expense Debt Including Capitalized Interest
InterestExpenseDebtIncludingCapitalizedInterest
400000 USD
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0 USD
CY2022Q1 civi Number Of Claims
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18000000 USD
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CY2022Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
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CY2022Q1 us-gaap Asset Retirement Obligation
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CY2022Q1 us-gaap Asset Retirement Obligations Noncurrent
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CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q1 us-gaap Income Tax Expense Benefit
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9000000 USD
CY2021Q1 us-gaap Short Term Lease Cost
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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15271000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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1195000 USD
CY2022Q1 civi Lessee Operating Lease Liability To Be Paid After Year Four
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
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38469000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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1961000 USD
CY2022Q1 us-gaap Operating Lease Liability
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36508000 USD

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