2022 Q1 Form 10-Q Financial Statement

#000119312522146429 Filed on May 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $257.2M $56.33M $34.15M
YoY Change 653.38% 59.77% -16.45%
Cost Of Revenue $124.4M $20.57M $9.395M
YoY Change 1224.41% 101.07% -11.29%
Gross Profit $132.8M $35.76M $24.75M
YoY Change 436.63% 42.89% -18.25%
Gross Profit Margin 51.63% 63.49% 72.49%
Selling, General & Admin $12.35M $7.287M $7.263M
YoY Change 70.07% 1.36% -4.43%
% of Gross Profit 9.3% 20.38% 29.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $61.02M $4.107M $55.97M
YoY Change 9.03% -74.24% 1330.02%
% of Gross Profit 45.94% 11.48% 226.14%
Operating Expenses $103.2M $11.39M $11.26M
YoY Change 816.68% 2.19% -2.06%
Operating Profit $19.07M $24.37M $31.55M
YoY Change -39.58% 75.59% 69.17%
Interest Expense -$26.77M $92.49M -$25.31M
YoY Change 5.78% 86.67% -361671.43%
% of Operating Profit -140.44% 379.55% -80.21%
Other Income/Expense, Net $3.000M -$3.219M -$13.42M
YoY Change -122.36% 64.23% -69.81%
Pretax Income $22.07M -$46.80M $18.14M
YoY Change 21.66% -178.23% -169.57%
Income Tax $676.0K $0.00 $0.00
% Of Pretax Income 3.06% 0.0%
Net Earnings $21.39M -$31.03M $18.14M
YoY Change 17.94% -447.57% -171.48%
Net Earnings / Revenue 8.31% -55.09% 53.11%
Basic Earnings Per Share $0.21 $0.00
Diluted Earnings Per Share $0.21 -$4.142M $0.00
COMMON SHARES
Basic Shares Outstanding 18.70M shares 0.000 shares
Diluted Shares Outstanding 18.71M shares 0.000 shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.65M $132.0M $51.31M
YoY Change -65.61% 445.57% 165.83%
Cash & Equivalents $17.65M $18.73M $51.31M
Short-Term Investments
Other Short-Term Assets $29.25M $5.866M $7.787M
YoY Change 275.57% 175.79% 499.0%
Inventory $4.800M $2.100M $3.891M
Prepaid Expenses
Receivables $262.6M $25.84M $13.21M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $309.5M $217.5M $76.19M
YoY Change 306.16% 408.59% 102.99%
LONG-TERM ASSETS
Property, Plant & Equipment $2.478B $1.839B $193.4M
YoY Change 1181.15% 839.19% -7.24%
Goodwill $3.900M $0.00
YoY Change
Intangibles $773.0M $786.0M
YoY Change
Long-Term Investments $2.361B $626.5M $1.567B
YoY Change 50.72% -59.72% 17.19%
Other Assets $30.85M $1.371B $1.573B
YoY Change -98.04% -12.17% 17.17%
Total Long-Term Assets $5.704B $3.336B $1.766B
YoY Change 222.93% 89.87% 13.89%
TOTAL ASSETS
Total Short-Term Assets $309.5M $217.5M $76.19M
Total Long-Term Assets $5.704B $3.336B $1.766B
Total Assets $6.014B $3.553B $1.843B
YoY Change 226.37% 97.44% 15.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.90M $12.22M $0.00
YoY Change -34.83%
Accrued Expenses $210.4M $135.6M $6.941M
YoY Change 2930.62% 3840.82% -40.16%
Deferred Revenue $4.994M $3.082M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $54.32M
YoY Change
Total Short-Term Liabilities $388.6M $240.9M $21.88M
YoY Change 1675.9% 703.54% 71.94%
LONG-TERM LIABILITIES
Long-Term Debt $2.894B $657.0M $657.0M
YoY Change 340.49% 5.29% 40.38%
Other Long-Term Liabilities $2.717M $2.219M $6.907M
YoY Change -60.66% -65.46% 7.52%
Total Long-Term Liabilities $3.117B $2.305B $6.907M
YoY Change 45023.44% 35787.81% 7.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $388.6M $240.9M $21.88M
Total Long-Term Liabilities $3.117B $2.305B $6.907M
Total Liabilities $3.505B $2.546B $906.4M
YoY Change 286.72% 194.9% 27.13%
SHAREHOLDERS EQUITY
Retained Earnings -$1.138B $0.00 -$369.3M
YoY Change 208.15% -100.0% -0.05%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.138B $5.000K $5.000K
YoY Change
Total Liabilities & Shareholders Equity $6.014B $3.553B $1.843B
YoY Change 226.37% 97.44% 15.99%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income $21.39M -$31.03M $18.14M
YoY Change 17.94% -447.57% -171.48%
Depreciation, Depletion And Amortization $61.02M $4.107M $55.97M
YoY Change 9.03% -74.24% 1330.02%
Cash From Operating Activities $98.39M $51.32M $41.59M
YoY Change 136.56% -68.76% -19.29%
INVESTING ACTIVITIES
Capital Expenditures $29.23M -$1.320M $19.75M
YoY Change 48.0% -95.6% 3.44%
Acquisitions
YoY Change
Other Investing Activities $13.40M $8.904M -$11.89M
YoY Change -212.69% -102.89% -84.85%
Cash From Investing Activities -$19.39M $7.584M -$41.06M
YoY Change -52.77% -102.24% -57.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $26.38M $12.44M
YoY Change 112.02%
Cash From Financing Activities -$80.08M -35.93M $10.80M
YoY Change -841.86% -118.69% -81.83%
NET CHANGE
Cash From Operating Activities $98.39M 51.32M $41.59M
Cash From Investing Activities -$19.39M 7.584M -$41.06M
Cash From Financing Activities -$80.08M -35.93M $10.80M
Net Change In Cash -$1.083M 22.97M $11.33M
YoY Change -109.56% 26.2% -14.91%
FREE CASH FLOW
Cash From Operating Activities $98.39M $51.32M $41.59M
Capital Expenditures $29.23M -$1.320M $19.75M
Free Cash Flow $69.16M $52.64M $21.84M
YoY Change 216.65% -72.9% -32.68%

Facts In Submission

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5000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
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6013657000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3553206000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
21389000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
18136000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
61023000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
55971000 USD
CY2022Q1 us-gaap Amortization Of Financing Costs
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3389000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3305000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Amortization
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448000 USD
CY2021Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
448000 USD
CY2022Q1 apa Proceeds From Contributions From Unconsolidated Affiliates
ProceedsFromContributionsFromUnconsolidatedAffiliates
48073000 USD
CY2021Q1 apa Proceeds From Contributions From Unconsolidated Affiliates
ProceedsFromContributionsFromUnconsolidatedAffiliates
8203000 USD
CY2022Q1 apa Derivative Cash Settlement
DerivativeCashSettlement
884000 USD
CY2021Q1 apa Derivative Cash Settlement
DerivativeCashSettlement
1465000 USD
CY2022Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
8745000 USD
CY2021Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-10593000 USD
CY2022Q1 apa Gain Loss Mandatorily Redeemable Preferred Units
GainLossMandatorilyRedeemablePreferredUnits
4493000 USD
CY2021Q1 apa Gain Loss Mandatorily Redeemable Preferred Units
GainLossMandatorilyRedeemablePreferredUnits
0 USD
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-110000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-32000 USD
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
27917000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11355000 USD
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-129000 USD
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
239000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6132000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
676000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
67446000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
69376000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
456000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9653000 USD
CY2022Q1 apa Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-4667000 USD
CY2021Q1 apa Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-8190000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6766000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8525000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
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73961000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
27524000 USD
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
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-4897000 USD
CY2021Q1 us-gaap Increase Decrease In Operating Lease Liability
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-7245000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
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98393000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
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41594000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29234000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19753000 USD
CY2022Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
3559000 USD
CY2021Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
782000 USD
CY2022Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2021Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
20522000 USD
CY2022Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
13401000 USD
CY2021Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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-19392000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
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-41057000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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30189000 USD
CY2022Q1 us-gaap Repayments Of Long Term Debt
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26382000 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
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12443000 USD
CY2022Q1 us-gaap Proceeds From Lines Of Credit
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7000000 USD
CY2021Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
11500000 USD
CY2022Q1 apa Redemption Of Mandatorily Redeemable Preferred Units
RedemptionOfMandatorilyRedeemablePreferredUnits
60702000 USD
CY2021Q1 apa Redemption Of Mandatorily Redeemable Preferred Units
RedemptionOfMandatorilyRedeemablePreferredUnits
0 USD
CY2022Q1 us-gaap Payments Of Financing Costs
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0 USD
CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3152000 USD
CY2022Q1 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
0 USD
CY2021Q1 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
14890000 USD
CY2022Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2021Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
30189000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
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-80084000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
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10795000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1083000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11332000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18729000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19591000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17646000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30923000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
25801000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
27044000 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14340000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3410000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
5000 USD
CY2021Q1 apa Shareholders Equity Increase From Contribution
ShareholdersEquityIncreaseFromContribution
0 USD
CY2021Q1 us-gaap Dividends
Dividends
0 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
0 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
5000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
5000 USD
CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
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1013745000 USD
CY2022Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
-170060000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6132000 USD
CY2022Q1 apa Contingent Consideration Arrangements Change In Amount Of Contingent Consideration
ContingentConsiderationArrangementsChangeInAmountOfContingentConsideration
4450000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3865000 USD
CY2022Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-2336117000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-1137860000 USD
CY2022Q1 apa Percent Of Common Stock Issued And Outstanding Owned
PercentOfCommonStockIssuedAndOutstandingOwned
0.05
CY2022Q1 us-gaap Common Stock Shares Outstanding
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66200000 shares
CY2022Q1 us-gaap Use Of Estimates
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<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-top:10pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparation of financial statements in conformity with GAAP and disclosure of contingent assets and liabilities requires management to make estimates and assumptions that affect reported amounts of assets and liabilities at the date of the condensed financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates on historical experience and various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about carrying values of assets and liabilities that are not readily apparent from other sources. The Company evaluates its estimates and assumptions on a regular basis. Actual results may differ from these estimates and assumptions used in preparation of its condensed financial statements, and changes in these estimates are recorded when known. Significant items subject to such estimates and assumptions include the valuation of derivatives, the valuation of tangible and intangible assets, the valuation of share-based compensation, the valuation of contingent liabilities, the valuation of mandatorily redeemable Preferred Units, and the valuation of noncontrolling interests.</span></div>
CY2022Q1 us-gaap Inventory Net
InventoryNet
4800000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
2100000 USD
CY2021Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2022Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2022Q1 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
24700000 USD
CY2022Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
15600000 USD
CY2022Q1 apa Accrued Liabilities Related Party
AccruedLiabilitiesRelatedParty
4200000 USD
CY2022Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
284102000 USD
CY2021Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
182249000 USD
CY2022Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
13468000 USD
CY2021Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
16802000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
257249000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
148103000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
10179000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
11626000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8102000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6227000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5066000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
72952000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
114152000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
14756000 USD
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1328000 USD
CY2022Q1 apa Contract With Customer Liability Cash Received And Not Recognized As Revenue
ContractWithCustomerLiabilityCashReceivedAndNotRecognizedAsRevenue
13908000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
27336000 USD
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4994000 USD
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
22342000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
17900000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
18400000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
400000 USD
CY2021Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
400000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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367629000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
337030000 USD
CY2022Q1 apa Property Plant And Equipment Gross Excluding Depreciable Assets
PropertyPlantAndEquipmentGrossExcludingDepreciableAssets
2414055000 USD
CY2021Q4 apa Property Plant And Equipment Gross Excluding Depreciable Assets
PropertyPlantAndEquipmentGrossExcludingDepreciableAssets
1794765000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2477944000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1839279000 USD
CY2022Q1 us-gaap Depreciation
Depreciation
30800000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
25600000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
3900000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
3900000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
479455000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
449259000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
772979000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
786049000 USD
CY2022Q1 apa Right Of Way Agreements Initial Term
RightOfWayAgreementsInitialTerm
P10Y
CY2022Q1 apa Right Of Way Agreements Renewal Period
RightOfWayAgreementsRenewalPeriod
P10Y
CY2022Q1 apa Right Of Way Agreements Percent Of Original Consideration Paid
RightOfWayAgreementsPercentOfOriginalConsiderationPaid
1.30
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30200000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30400000 USD
CY2022Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2021Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0 USD
CY2022Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
2980000000 USD
CY2021Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
2340000000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
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2980000000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2350000000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2983749000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2346187000 USD
CY2022Q1 us-gaap Deferred Finance Costs Net
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35400000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
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38485000 USD
CY2022Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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2948349000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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2307702000 USD
CY2022Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
54324000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
54280000 USD
CY2022Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2894025000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
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2253422000 USD
CY2022Q1 us-gaap Interest Costs Capitalized Adjustment
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104000 USD
CY2021Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
211000 USD
CY2022Q1 us-gaap Amortization Of Deferred Charges
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3389000 USD
CY2021Q1 us-gaap Amortization Of Deferred Charges
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3305000 USD
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
23281000 USD
CY2021Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
21794000 USD
CY2022Q1 us-gaap Interest Costs Incurred
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26774000 USD
CY2021Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
25310000 USD
CY2022Q1 us-gaap Amortization Of Deferred Charges
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3400000 USD
CY2021Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
3300000 USD
CY2022Q1 apa Accrued Product Purchases Current
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168324000 USD
CY2021Q4 apa Accrued Product Purchases Current
AccruedProductPurchasesCurrent
118364000 USD
CY2022Q1 us-gaap Accrued Income Taxes Current
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7282000 USD
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
4299000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
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3657000 USD
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
2361321000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
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2113000 USD
CY2022Q1 apa Accrued Capital Expenditures Current
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4608000 USD
CY2021Q4 apa Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
2995000 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
7777000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
0 USD
CY2022Q1 apa Accrued Liabilities Related Party
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4247000 USD
CY2021Q4 apa Accrued Liabilities Related Party
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0 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
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14460000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
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7872000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
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210355000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
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135643000 USD
CY2022Q1 us-gaap Loss Contingency Accrual At Carrying Value
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0 USD
CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
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0 USD
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
626477000 USD
CY2022Q1 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
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418300000 USD
CY2021Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
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0 USD
CY2022Q1 us-gaap Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
12300000 USD
CY2021Q4 us-gaap Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
12800000 USD
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
626477000 USD
CY2022Q1 apa Equity Method Investment Acquisitions
EquityMethodInvestmentAcquisitions
1755000000 USD
CY2022Q1 apa Proceeds From Equity Method Investment Distribution Including Return Of Capital
ProceedsFromEquityMethodInvestmentDistributionIncludingReturnOfCapital
48073000 USD
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
27917000 USD
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
2361321000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
228000 USD
CY2022Q1 apa Notice Period To Redeem Warrants
NoticePeriodToRedeemWarrants
P30D
CY2022Q1 apa Class Of Warrant Or Right Threshold Trading Days
ClassOfWarrantOrRightThresholdTradingDays
P20D
CY2022Q1 apa Class Of Warrant Or Right Trading Period
ClassOfWarrantOrRightTradingPeriod
P30D
CY2022Q1 apa Purchase Agreement Percent Of Distributions Or Dividends Reinvested In Newly Issued Class A Shares
PurchaseAgreementPercentOfDistributionsOrDividendsReinvestedInNewlyIssuedClassAShares
1
CY2022Q1 apa Number Of Shares Receiving Cash Dividend
NumberOfSharesReceivingCashDividend
7800000 shares
CY2022Q1 apa Dividends Paid In Kind Shares
DividendsPaidInKindShares
21417 shares
CY2022Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2021Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2021Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
676000 USD
CY2021Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
676000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
676000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
228000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.031
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.002
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.045
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.031
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
5238000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
5238000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5010000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3865000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18696000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
0 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
0 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
7000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2700000 USD
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
9700000 USD
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
CY2022Q1 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
17000 shares
CY2022Q1 apa Dilutive Securities Effect On Basic Earnings Per Share Per Share
DilutiveSecuritiesEffectOnBasicEarningsPerSharePerShare
0
CY2021Q1 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021Q1 apa Dilutive Securities Effect On Basic Earnings Per Share Per Share
DilutiveSecuritiesEffectOnBasicEarningsPerSharePerShare
0
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3865000 USD
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18713000 shares
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
0 USD
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
0 shares
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2900000 USD
CY2022Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
200000 USD
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
CY2022Q1 us-gaap Assets
Assets
6013657000 USD
CY2021Q4 us-gaap Assets
Assets
3553206000 USD

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