$EXPI
EXP World Holdings, Inc.

2018 Q4 Form 10-Q Financial Statement

#000149593218000010 Filed on November 13, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $150.4M $157.2M $48.20M
YoY Change 212.03% 231.92% 170.79%
Cost Of Revenue $140.2M $145.7M $43.00M
YoY Change 226.05% 239.69% 172.15%
Gross Profit $10.30M $11.50M $5.200M
YoY Change 98.08% 157.29% 160.0%
Gross Profit Margin 6.85% 7.31% 10.79%
Selling, General & Admin $15.50M $15.54M $17.00M
YoY Change -8.82% 62.67% 150.0%
% of Gross Profit 150.49% 135.22% 326.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $300.0K $300.0K $200.0K
YoY Change 50.0% 200.0% 100.0%
% of Gross Profit 2.91% 2.61% 3.85%
Operating Expenses $15.40M $161.9M $17.00M
YoY Change -9.41% 207.24% 150.0%
Operating Profit -$5.100M -$4.630M -$11.80M
YoY Change -56.78% -12.83% 145.83%
Interest Expense $0.00 $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00 $9.387K $0.00
YoY Change -16284.48%
Pretax Income -$5.200M -$4.621M -$11.70M
YoY Change -55.56% -13.0% 143.75%
Income Tax $0.00 $7.455K $0.00
% Of Pretax Income
Net Earnings -$5.200M -$4.628M -$11.80M
YoY Change -55.93% -12.92% 145.83%
Net Earnings / Revenue -3.46% -2.94% -24.48%
Basic Earnings Per Share -$0.08
Diluted Earnings Per Share -$43.66K -$0.08 -$108.8K
COMMON SHARES
Basic Shares Outstanding 59.04M 58.36M
Diluted Shares Outstanding 58.36M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.50M $22.10M $4.700M
YoY Change 336.17% 569.7% 176.47%
Cash & Equivalents $20.54M $22.09M $4.672M
Short-Term Investments
Other Short-Term Assets $30.38K $3.500M $16.52K
YoY Change 83.87% 105.88% -98.16%
Inventory
Prepaid Expenses $1.070M $219.1K
Receivables $17.43M $21.18M $6.913M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $42.33M $46.75M $13.10M
YoY Change 223.13% 271.05% 133.91%
LONG-TERM ASSETS
Property, Plant & Equipment $2.740M $2.319M $1.538M
YoY Change 78.1% 78.42% 207.64%
Goodwill $8.248M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.319M $1.538M
YoY Change
Total Long-Term Assets $13.52M $2.319M $1.538M
YoY Change 778.9% 78.42% 207.64%
TOTAL ASSETS
Total Short-Term Assets $42.33M $46.75M $13.10M
Total Long-Term Assets $13.52M $2.319M $1.538M
Total Assets $55.85M $49.07M $14.64M
YoY Change 281.54% 253.03% 139.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.758M $1.527M $635.1K
YoY Change 176.87% 281.87% 111.7%
Accrued Expenses $18.98M $21.18M $8.818M
YoY Change 115.2% 175.09% 226.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $974.7K
YoY Change
Total Short-Term Liabilities $24.21M $25.43M $10.38M
YoY Change 133.34% 173.4% 188.24%
LONG-TERM LIABILITIES
Long-Term Debt $1.654M $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.654M $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $24.21M $25.43M $10.38M
Total Long-Term Liabilities $1.654M $0.00 $0.00
Total Liabilities $25.87M $25.40M $10.38M
YoY Change 149.28% 173.12% 188.24%
SHAREHOLDERS EQUITY
Retained Earnings -$60.77M -$55.56M -$32.60M
YoY Change 86.42%
Common Stock $1.000K $589.00 $550.00
YoY Change 81.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $30.00M $23.60M $4.300M
YoY Change
Total Liabilities & Shareholders Equity $55.85M $49.07M $14.64M
YoY Change 281.54% 253.03% 139.95%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income -$5.200M -$4.628M -$11.80M
YoY Change -55.93% -12.92% 145.83%
Depreciation, Depletion And Amortization $300.0K $300.0K $200.0K
YoY Change 50.0% 200.0% 100.0%
Cash From Operating Activities $5.400M $6.400M $2.200M
YoY Change 145.45% 204.76% 450.0%
INVESTING ACTIVITIES
Capital Expenditures -$700.0K -$600.0K -$500.0K
YoY Change 40.0% 100.0% 400.0%
Acquisitions
YoY Change
Other Investing Activities -$6.700M
YoY Change
Cash From Investing Activities -$7.500M -$600.0K -$500.0K
YoY Change 1400.0% 100.0% 400.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 300.0K 800.0K 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 5.400M 6.400M 2.200M
Cash From Investing Activities -7.500M -600.0K -500.0K
Cash From Financing Activities 300.0K 800.0K 0.000
Net Change In Cash -1.800M 6.600M 1.700M
YoY Change -205.88% 266.67% 112.5%
FREE CASH FLOW
Cash From Operating Activities $5.400M $6.400M $2.200M
Capital Expenditures -$700.0K -$600.0K -$500.0K
Free Cash Flow $6.100M $7.000M $2.700M
YoY Change 125.93% 191.67% 440.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9387
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001495932
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
59036937
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2008-07-30
dei Entity Incorporation State Country Name
EntityIncorporationStateCountryName
State of Delaware
dei Entity Registrant Name
EntityRegistrantName
EXP World Holdings, Inc.
dei Entity Small Business
EntitySmallBusiness
true
CY2018Q3 expi Assets Under Development
AssetsUnderDevelopment
317723
expi Fixed Asset Purchases In Accounts Payable
FixedAssetPurchasesInAccountsPayable
117235
expi Fixed Asset Purchases In Accounts Payable
FixedAssetPurchasesInAccountsPayable
44235
CY2017Q4 expi Property Plant And Equipment Excluding Assets Under Construction
PropertyPlantAndEquipmentExcludingAssetsUnderConstruction
1538213
CY2018Q3 expi Property Plant And Equipment Excluding Assets Under Construction
PropertyPlantAndEquipmentExcludingAssetsUnderConstruction
2001692
expi Share Based Compensation Agent Equity Program
ShareBasedCompensationAgentEquityProgram
3968505
expi Share Based Compensation Agent Equity Program
ShareBasedCompensationAgentEquityProgram
14746702
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
635087
CY2018Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1527470
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6912657
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
21183291
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8818180
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
21181935
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
450446
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1021354
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
8454
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
6253
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
36848041
CY2018Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
79195251
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
179759
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
345032
CY2017Q4 us-gaap Assets
Assets
14637131
CY2018Q3 us-gaap Assets
Assets
49071143
CY2017Q4 us-gaap Assets Current
AssetsCurrent
13098918
CY2018Q3 us-gaap Assets Current
AssetsCurrent
46751728
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4672034
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22093710
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2166312
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4482019
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5595227
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24810897
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2315707
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19215670
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
220000000
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
220000000
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54962535
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
58968762
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54962535
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
58968762
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
550
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
589
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10358184
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5313881
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17213375
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4638892
us-gaap Cost Of Revenue
CostOfRevenue
96604633
CY2017Q3 us-gaap Cost Of Revenue
CostOfRevenue
42903624
us-gaap Cost Of Revenue
CostOfRevenue
319560992
CY2018Q3 us-gaap Cost Of Revenue
CostOfRevenue
145740264
CY2017Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
923193
CY2018Q3 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
2717187
us-gaap Depreciation
Depreciation
207189
us-gaap Depreciation
Depreciation
570910
us-gaap Depreciation And Amortization
DepreciationAndAmortization
207189
CY2017Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
112487
us-gaap Depreciation And Amortization
DepreciationAndAmortization
570910
CY2018Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
240031
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:5pt 0pt;text-indent:36pt;line-height:100%;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Recently Issued Accounting Pronouncements</font> </p> <p style="margin:5pt 0pt 5pt 36pt;line-height:100%;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">&#xFEFF;</font> </p> <p style="margin:0pt;line-height:100%;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">In February 2016, the FASB issued ASU No. 2016-02 - </font><font style="display: inline;font-style:italic;">Leases</font><font style="display: inline;"> (Topic 842).&nbsp;&nbsp;Under the new guidance, a lessee is required to recognize lease liabilities and corresponding right-of-use assets, initially measured at the present value of lease payments, on the balance sheet for operating leases with terms greater than one year.&nbsp;&nbsp;Lessor accounting remains largely unchanged from existing lease accounting.&nbsp;&nbsp;For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election not to recognize lease assets and lease liabilities.&nbsp;&nbsp;If the lessee makes the election, the lessee would recognize lease expense on a straight-line basis over the lease term.&nbsp;&nbsp;This ASU is effective in annual reporting periods beginning after December 15, 2018 and the interim periods within that fiscal year.&nbsp; </font><font style="display: inline;">The Company is still evaluating the potential impacts that the implementation of ASU 2016-02 may have on its financial position, operational results, or cash flows.</font> </p> <p><font size="1"> </font></p> </div> </div>
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.20
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.30
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-6408
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7075
CY2018Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
24531203
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19643788
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9175260
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
43447290
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14769707
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-10310238
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-5311460
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-17158999
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4620716
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
57484
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
52175
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51615
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3277
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
52175
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7455
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
95019
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
892383
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4530272
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14273358
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5013111
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
12363755
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-652405
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-1793994
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
321576
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
122271
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-5535
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-58
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9387
us-gaap Interest Paid Net
InterestPaidNet
920
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14637131
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
49071143
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
10376460
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
25426592
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
122773
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1749896
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-849764
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1396346
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3049106
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18855045
us-gaap Operating Expenses
OperatingExpenses
118185572
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
52683147
us-gaap Operating Expenses
OperatingExpenses
366909795
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
161866173
us-gaap Operating Income Loss
OperatingIncomeLoss
-10304703
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-5311402
us-gaap Operating Income Loss
OperatingIncomeLoss
-17168386
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-4630103
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1538213
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2319415
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3669
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
856
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2201
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-10721
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5535
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-58
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9387
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9387
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
3607
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
849764
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1396346
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
591034
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
757540
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
142158
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
20000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1749896
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
906654
CY2017Q3 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
223811
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
1770869
CY2018Q3 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
581723
us-gaap Profit Loss
ProfitLoss
-10361853
CY2017Q3 us-gaap Profit Loss
ProfitLoss
-5314737
us-gaap Profit Loss
ProfitLoss
-17211174
CY2018Q3 us-gaap Profit Loss
ProfitLoss
-4628171
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1988659
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3023046
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1538213
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2319415
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
35778
CY2017Q4 us-gaap Restricted Cash
RestrictedCash
923193
CY2018Q3 us-gaap Restricted Cash
RestrictedCash
2717187
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-32596374
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-55557542
us-gaap Revenues
Revenues
107880869
CY2017Q3 us-gaap Revenues
Revenues
47371745
us-gaap Revenues
Revenues
349741409
CY2018Q3 us-gaap Revenues
Revenues
157236070
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
4565324
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
3586726
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1030497
CY2017Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
380452
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2130644
CY2018Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
774479
us-gaap Share Based Compensation
ShareBasedCompensation
3761254
us-gaap Share Based Compensation
ShareBasedCompensation
16507378
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
2064468
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
4165339
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4260671
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
23644551
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2256550
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52837134
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53335822
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57069377
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58360233
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52837134
us-gaap Use Of Estimates
UseOfEstimates
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:5pt 0pt 5pt 36pt;line-height:100%;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Use of Estimates</font><font style="display: inline;font-weight:bold;font-style:italic;color:#000000;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:bold;font-style:italic;color:#000000;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">&nbsp;</font> </p> <p style="margin:5pt 0pt 5pt 36pt;line-height:100%;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires 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. The Company regularly evaluates estimates and assumptions related to provisions for doubtful accounts, legal contingencies, income taxes, revenue recognition, stock-based compensation, expense accruals, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company&#x2019;s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</font> </p> <p><font size="1"> </font></p> </div> </div>
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53335822
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57069377
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58360233

Files In Submission

Name View Source Status
0001495932-18-000010-index-headers.html Edgar Link pending
0001495932-18-000010-index.html Edgar Link pending
0001495932-18-000010.txt Edgar Link pending
0001495932-18-000010-xbrl.zip Edgar Link pending
expi-20180930.xml Edgar Link completed
expi-20180930.xsd Edgar Link pending
expi-20180930x10q.htm Edgar Link pending
expi-20180930x10qg001.jpg Edgar Link pending
expi-20180930xex31_1.htm Edgar Link pending
expi-20180930xex31_2.htm Edgar Link pending
expi-20180930xex32_1.htm Edgar Link pending
expi-20180930xex32_2.htm Edgar Link pending
expi-20180930xex32_2g001.jpg Edgar Link pending
expi-20180930_cal.xml Edgar Link unprocessable
expi-20180930_def.xml Edgar Link unprocessable
expi-20180930_lab.xml Edgar Link unprocessable
expi-20180930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending