2022 Q3 Form 10-Q Financial Statement

#000149315222022498 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $2.325M $2.450M $2.175M
YoY Change 49.65% 93.8% 99.04%
Cost Of Revenue $394.5K $435.0K $377.5K
YoY Change 17.54% 57.06% 52.69%
Gross Profit $1.930M $2.015M $1.797M
YoY Change 58.5% 104.1% 112.6%
Gross Profit Margin 83.03% 82.24% 82.64%
Selling, General & Admin $322.9K $318.5K $256.5K
YoY Change 50.73% 3.36% 28.94%
% of Gross Profit 16.73% 15.81% 14.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $384.4K $387.1K $533.0K
YoY Change 37.25% 46.46% 155.46%
% of Gross Profit 19.91% 19.21% 29.66%
Operating Expenses $1.110M $1.148M $796.4K
YoY Change 121.23% 34.05% 92.11%
Operating Profit $1.215M $1.302M $1.001M
YoY Change 69.64% 219.32% 132.32%
Interest Expense $3.561K $3.131K -$2.920K
YoY Change -147.35% -75.38% -78.75%
% of Operating Profit 0.29% 0.24% -0.29%
Other Income/Expense, Net -$3.503K -$3.096K
YoY Change -53.41% -75.55%
Pretax Income $1.212M $1.299M $997.9K
YoY Change 70.95% 228.77% 139.27%
Income Tax
% Of Pretax Income
Net Earnings $1.212M $1.299M $997.9K
YoY Change 70.95% 228.77% 139.27%
Net Earnings / Revenue 52.12% 53.01% 45.89%
Basic Earnings Per Share $0.56 $0.60
Diluted Earnings Per Share $0.55 $0.59 $455.2K
COMMON SHARES
Basic Shares Outstanding 2.149M shares 2.149M shares
Diluted Shares Outstanding 2.219M shares 2.217M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $565.6K $537.0K $1.371M
YoY Change 504.45% 565.02% 2271.16%
Cash & Equivalents $565.6K $537.0K $1.371M
Short-Term Investments
Other Short-Term Assets $6.263K $38.37K $52.64K
YoY Change -85.52% 2.68% 9.9%
Inventory
Prepaid Expenses $43.10K $38.37K $52.64K
Receivables $1.186M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.082M $2.108M $2.734M
YoY Change 124.3% 151.51% 260.87%
LONG-TERM ASSETS
Property, Plant & Equipment $13.35M $12.04M $10.13M
YoY Change 33.62% 20.33% 3.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $300.0K $300.0K $275.0K
YoY Change 33.33% 50.0% 37.5%
Other Assets $114.0K $13.16K
YoY Change 128.97% -84.22%
Total Long-Term Assets $13.75M $12.57M $10.55M
YoY Change 34.32% 22.57% 4.74%
TOTAL ASSETS
Total Short-Term Assets $2.082M $2.108M $2.734M
Total Long-Term Assets $13.75M $12.57M $10.55M
Total Assets $15.84M $14.68M $13.28M
YoY Change 41.8% 32.31% 22.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $162.0K $283.9K $209.5K
YoY Change 24.75% 80.59% 79.69%
Accrued Expenses $55.32K $54.81K $54.29K
YoY Change 3.81% 1.58% 147.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $217.3K $338.7K $263.8K
YoY Change 18.66% 60.4% 90.4%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $792.8K $793.9K $796.1K
YoY Change -5.05% -5.57% 11.54%
Total Long-Term Liabilities $792.8K $793.9K $796.1K
YoY Change -50.96% -57.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $217.3K $338.7K $263.8K
Total Long-Term Liabilities $792.8K $793.9K $796.1K
Total Liabilities $1.010M $1.133M $1.060M
YoY Change -0.79% -38.11% -47.2%
SHAREHOLDERS EQUITY
Retained Earnings $5.839M $4.627M $3.328M
YoY Change
Common Stock $1.108M $1.108M $1.108M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $346.0K $346.0K $346.0K
YoY Change
Treasury Stock Shares 67.00K shares 67.00K shares 67.00K shares
Shareholders Equity $14.83M $13.55M $12.22M
YoY Change
Total Liabilities & Shareholders Equity $15.84M $14.68M $13.28M
YoY Change 41.8% 32.31% 22.66%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $1.212M $1.299M $997.9K
YoY Change 70.95% 228.77% 139.27%
Depreciation, Depletion And Amortization $384.4K $387.1K $533.0K
YoY Change 37.25% 46.46% 155.46%
Cash From Operating Activities $1.922M $1.496M $1.016M
YoY Change 109.25% 124.55% 201.26%
INVESTING ACTIVITIES
Capital Expenditures -$1.924M -$2.323M -$675.1K
YoY Change 443.02% 666.61% 18.87%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$6.670K -$13.10K
YoY Change -100.0% -213.82% 1080.18%
Cash From Investing Activities -$1.924M -$2.329M -$688.2K
YoY Change 646.7% 684.0% 20.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 30.18K 162.9K
YoY Change -104.66% -34.47%
NET CHANGE
Cash From Operating Activities 1.922M $1.496M 1.016M
Cash From Investing Activities -1.924M -$2.329M -688.2K
Cash From Financing Activities 30.18K 162.9K
Net Change In Cash 28.58K -$833.8K 490.6K
YoY Change 122.93% -3734.39% 2818.38%
FREE CASH FLOW
Cash From Operating Activities $1.922M $1.496M $1.016M
Capital Expenditures -$1.924M -$2.323M -$675.1K
Free Cash Flow $3.847M $3.818M $1.691M
YoY Change 202.14% 294.03% 86.82%

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IncreaseDecreaseInOperatingLeaseLiability
148533 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1495598 usd
CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
666054 usd
CY2022Q2 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
2320974 usd
CY2021Q2 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
302976 usd
CY2022Q2 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1718 usd
CY2022Q2 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
25000 usd
CY2022Q2 MXC Proceeds From Drilling Refunds
ProceedsFromDrillingRefunds
18329 usd
CY2021Q2 MXC Proceeds From Sale Of Oil And Gas Property And Equipments
ProceedsFromSaleOfOilAndGasPropertyAndEquipments
-5863 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2329363 usd
CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-297113 usd
CY2021Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
34000 usd
CY2021Q2 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
480000 usd
CY2021Q2 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
100000 usd
CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-346000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-833765 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22941 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1370766 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
57813 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
537001 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
80754 usd
CY2021Q2 us-gaap Interest Paid Net
InterestPaidNet
10040 usd
CY2022Q2 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
14668 usd
CY2021Q2 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
3329 usd
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
165007 usd
CY2022Q2 us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_80D_eus-gaap--NatureOfOperations_zphie5uujYk9" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_826_zf8zc425eQj3">Nature of Operations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mexco Energy Corporation (a Colorado corporation) and its wholly owned subsidiaries, Forman Energy Corporation (a New York corporation), Southwest Texas Disposal Corporation (a Texas corporation) and TBO Oil &amp; Gas, LLC (a Texas limited liability company) (collectively, the “Company”) are engaged in the acquisition, exploration, development and production of crude oil, natural gas, condensate and natural gas liquids (“NGLs”). Most of the Company’s oil and gas interests are centered in West Texas and Southeastern New Mexico; however, the Company owns producing properties and undeveloped acreage in fourteen states. All of Company’s oil and gas interests are operated by others.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q2 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
10557 usd
CY2022Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
7519 usd
CY2022Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
747142 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2021Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
15036 usd
CY2022Q2 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_842_eus-gaap--UseOfEstimates_z2G3efZprKa3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zzaqS7ltF6ph">Estimates and Assumptions</span></b>. In preparing financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”), management is required to make informed judgments, estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated financial statements and affect the reported amounts of revenues and expenses during the reporting period. In addition, significant estimates are used in determining proved oil and gas reserves. Although management believes its estimates and assumptions are reasonable, actual results may differ materially from those estimates. The estimate of the Company’s oil and natural gas reserves, which is used to compute depreciation, depletion, amortization and impairment of oil and gas properties, is the most significant of the estimates and assumptions that affect these reported results.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q2 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<p id="xdx_842_eus-gaap--ComparabilityOfPriorYearFinancialData_zVuuemNgvHab" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zJhRC3ypSr7e">Interim Financial Statements</span>. </b>In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the financial position of the Company as of June 30, 2022, and the results of its operations and cash flows for the interim periods ended June 30, 2022 and 2021. The consolidated financial statements as of June 30, 2022 and for the three-month periods ended June 30, 2022 and 2021 are unaudited. The consolidated balance sheet as of March 31, 2022 was derived from the audited balance sheet filed in the Company’s 2022 annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”). The results of operations for the periods presented are not necessarily indicative of the results to be expected for a full year. The accounting policies followed by the Company are set forth in more detail in Note 2 of the “Notes to Consolidated Financial Statements” in the Form 10-K. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted in this Form 10-Q pursuant to the rules and regulations of the SEC. However, the disclosures herein are adequate to make the information presented not misleading. It is suggested that these consolidated financial statements be read in conjunction with the consolidated financial statements and notes thereto included in the Form 10-K.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2022Q2 MXC Cost Method Investments Percentage Description
CostMethodInvestmentsPercentageDescription
The Company accounts for investments of less than 1% in limited liability companies at cost.
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
735512 usd
CY2022Q2 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
14668 usd
CY2022Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
15000 usd
CY2022Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
732142 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
188537 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M20D
CY2021Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
34000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2022Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
3.34
CY2022Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
8.51
CY2022Q2 us-gaap Area Of Land
AreaOfLand
4160 sqft
CY2022Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P36M
CY2022Q2 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
In June 2020, in exchange for a reduction in rent for the months of June and July 2020, the Company agreed to a 2-month extension to its current lease agreement at the regular monthly rate extending its current lease expiration date to July 2021.
CY2021Q2 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
In June 2021, the Company agreed to extend its current lease at a flat (unescalated) rate for 36 months.
CY2021Q2 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2024-07-31
CY2022Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0375 pure
CY2022Q2 MXC Operating Lease Rightofuse Asset Gross
OperatingLeaseRightofuseAssetGross
129923 usd
CY2022Q2 MXC Operating Lease Amortization
OperatingLeaseAmortization
13383 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
116540 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
54806 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
61734 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
116540 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
43680 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
58240 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
19413 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
121333 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4793 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
116540 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
54806 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
61734 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
10667 usd
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
10929 usd
CY2022Q2 us-gaap Sublease Income
SubleaseIncome
3893 usd
CY2021Q2 us-gaap Sublease Income
SubleaseIncome
5200 usd
CY2022Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
526846 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
526846 usd
CY2022Q2 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
10085 usd
CY2021Q2 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
12768 usd
CY2022Q2 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
3893 usd
CY2021Q2 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
4045 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
1298672 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
395006 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2149416 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2076756 shares
CY2022Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
67326 usd
CY2021Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
43199 usd
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2216742 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2119955 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares

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