$NCSM
NCS Multistage Holdings, Inc.

2021 Q2 Form 10-Q Financial Statement

#000169242721000026 Filed on August 03, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $21.46M $8.732M
YoY Change 145.77% -78.04%
Cost Of Revenue $13.93M $6.393M
YoY Change 117.85% -72.3%
Gross Profit $7.534M $1.695M
YoY Change 344.48% -89.18%
Gross Profit Margin 35.11% 19.41%
Selling, General & Admin $11.82M $15.47M
YoY Change -23.59% -32.41%
% of Gross Profit 156.93% 912.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $935.0K $994.0K
YoY Change -5.94% -33.51%
% of Gross Profit 12.41% 58.64%
Operating Expenses $11.82M $15.47M
YoY Change -23.59% -32.41%
Operating Profit -$5.391M -$14.23M
YoY Change -62.12% -15.07%
Interest Expense -$198.0K -$424.0K
YoY Change -53.3% -23.74%
% of Operating Profit
Other Income/Expense, Net $573.0K -$633.0K
YoY Change -190.52% -19.77%
Pretax Income -$4.818M -$14.87M
YoY Change -67.59% -15.28%
Income Tax $726.0K -$5.973M
% Of Pretax Income
Net Earnings -$5.795M -$8.757M
YoY Change -33.82% -60.73%
Net Earnings / Revenue -27.0% -100.29%
Basic Earnings Per Share -$2.41 -$3.70
Diluted Earnings Per Share -$2.41 -$3.70
COMMON SHARES
Basic Shares Outstanding 2.401M 2.366M
Diluted Shares Outstanding 2.401M 2.366M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.90M $31.30M
YoY Change -55.59% 156.56%
Cash & Equivalents $13.90M $31.26M
Short-Term Investments
Other Short-Term Assets $3.555M $3.300M
YoY Change 7.73% 43.48%
Inventory $35.04M $38.63M
Prepaid Expenses
Receivables $17.81M $11.17M
Other Receivables $7.290M $6.751M
Total Short-Term Assets $77.59M $91.16M
YoY Change -14.88% -7.13%
LONG-TERM ASSETS
Property, Plant & Equipment $24.16M $24.50M
YoY Change -1.36% -28.8%
Goodwill $15.22M $15.22M
YoY Change 0.0% 0.0%
Intangibles $6.079M $2.745M
YoY Change 121.46% -94.22%
Long-Term Investments
YoY Change
Other Assets $3.421M $3.572M
YoY Change -4.23% -58.58%
Total Long-Term Assets $54.70M $52.40M
YoY Change 4.4% -50.45%
TOTAL ASSETS
Total Short-Term Assets $77.59M $91.16M
Total Long-Term Assets $54.70M $52.40M
Total Assets $132.3M $143.6M
YoY Change -7.84% -29.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.008M $2.932M
YoY Change 104.91% -75.43%
Accrued Expenses $4.058M $6.000M
YoY Change -32.37% 77.36%
Deferred Revenue $51.00K $51.00K
YoY Change 0.0% -40.0%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.447M $1.700M
YoY Change -14.88% 3.28%
Total Short-Term Liabilities $15.92M $13.03M
YoY Change 22.15% -39.81%
LONG-TERM LIABILITIES
Long-Term Debt $4.576M $19.70M
YoY Change -76.77% 10.25%
Other Long-Term Liabilities $1.944M $1.684M
YoY Change 15.44% -68.3%
Total Long-Term Liabilities $10.80M $26.97M
YoY Change -59.97% 2.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.92M $13.03M
Total Long-Term Liabilities $10.80M $26.97M
Total Liabilities $26.71M $40.00M
YoY Change -33.21% -16.75%
SHAREHOLDERS EQUITY
Retained Earnings -$265.8M -$259.3M
YoY Change 2.5% 29.36%
Common Stock $435.0M $429.8M
YoY Change 1.23% 2.61%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.006M $805.0K
YoY Change 24.97% 24.61%
Treasury Stock Shares $17.38K $235.0K
Shareholders Equity $87.26M $85.17M
YoY Change
Total Liabilities & Shareholders Equity $132.3M $143.6M
YoY Change -7.84% -29.6%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$5.795M -$8.757M
YoY Change -33.82% -60.73%
Depreciation, Depletion And Amortization $935.0K $994.0K
YoY Change -5.94% -33.51%
Cash From Operating Activities $1.090M $16.54M
YoY Change -93.41% 82.16%
INVESTING ACTIVITIES
Capital Expenditures -$514.0K $230.0K
YoY Change -323.48% -83.33%
Acquisitions
YoY Change
Other Investing Activities $198.0K $50.00K
YoY Change 296.0% -37.5%
Cash From Investing Activities -$316.0K -$180.0K
YoY Change 75.56% -86.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.580M -420.0K
YoY Change 514.29% -94.54%
NET CHANGE
Cash From Operating Activities 1.090M 16.54M
Cash From Investing Activities -316.0K -180.0K
Cash From Financing Activities -2.580M -420.0K
Net Change In Cash -1.806M 15.94M
YoY Change -111.33% 17611.11%
FREE CASH FLOW
Cash From Operating Activities $1.090M $16.54M
Capital Expenditures -$514.0K $230.0K
Free Cash Flow $1.604M $16.31M
YoY Change -90.17% 111.82%

Facts In Submission

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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Profit Loss
ProfitLoss
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CY2020Q2 us-gaap Treasury Stock Value Acquired Cost Method
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CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
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ProfitLoss
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us-gaap Profit Loss
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us-gaap Depreciation Depletion And Amortization
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us-gaap Amortization Of Financing Costs
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Inventory Write Down
InventoryWriteDown
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Gain Loss On Sale Of Property Plant Equipment
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us-gaap Gain Loss On Sale Of Property Plant Equipment
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us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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ProceedsFromNoteReceivable
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ncsm Proceeds From Note Receivable
ProceedsFromNoteReceivable
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us-gaap Increase Decrease In Receivables
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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408000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments For Software
PaymentsForSoftware
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us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
198000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Repayments Of Secured Debt
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us-gaap Repayments Of Secured Debt
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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us-gaap Repayments Of Long Term Lines Of Credit
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ncsm Payments Related To Treasury Shares Withheld
PaymentsRelatedToTreasurySharesWithheld
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ncsm Payments Related To Treasury Shares Withheld
PaymentsRelatedToTreasurySharesWithheld
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us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
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us-gaap Payments To Minority Shareholders
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13899000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31259000
ncsm Leased Assets Obtained In Exchange For New Finance Lease Liabilities
LeasedAssetsObtainedInExchangeForNewFinanceLeaseLiabilities
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ncsm Leased Assets Obtained In Exchange For New Finance Lease Liabilities
LeasedAssetsObtainedInExchangeForNewFinanceLeaseLiabilities
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ncsm Lease Assets Obtained In Exchange For New Operating Lease Liabilities
LeaseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
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ncsm Lease Assets Obtained In Exchange For New Operating Lease Liabilities
LeaseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
2573000
us-gaap Nature Of Operations
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<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Nature of Business </span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-indent: 0.25in;"><span style="white-space:pre-wrap; color: #000000;font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-indent: 0.25in;"><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">NCS Multistage Holdings, Inc., </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">a Delaware corporation,</span><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> through its wholly owned subsidiaries and subsidiaries for which it has a controlling voting interest (collectively referred to as the “Company,” “NCS,” “we,” </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: italic;font-weight: normal;margin: 0;padding: 0;">“</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">our</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: italic;font-weight: normal;margin: 0;padding: 0;">” </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">and</span><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> “us”), is primarily engaged in providing engineered products and support services for oil and natural gas well completions and field </span><span style="white-space:pre-wrap; color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">development</span><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> strategies. We offer our products and services primarily to exploration and production companies for use in onshore wells. We operate through service facilities principally located in Houston and Odessa, Texas; Tulsa, Oklahoma; </span><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Billings, Montana; Morgantown, West Virginia; </span><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Calgary, Red Deer, Grande Prairie and Estevan, Canada; Neuquén, Argentina and Stavanger, Norway. </span></p>
us-gaap Basis Of Accounting
BasisOfAccounting
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Basis of Presentation </span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-indent: 0.25in;"><span style="white-space:pre-wrap; color: #000000;font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-indent: 0.25in;"><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Our accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X of the Securities Exchange Act of 1934, as amended, issued by the Securities Exchange Commission (“SEC”) and have not been audited by our independent registered public accounting firm. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with our financial statements and related notes thereto included in our </span><span id="_Hlk70344179" style="text-decoration: none;"/><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Annual Report on Form 10-K for the year ended December 31, 2020 (“Annual Report”).</span><span style="white-space:pre-wrap; background: #FFFFFF;color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> As NCS has the controlling voting interest in Repeat Precision, LLC (“Repeat Precision”), the other party’s ownership is presented separately as a non-controlling interest. In the opinion of management, these condensed consolidated financial statements reflect all normal, recurring adjustments necessary for a fair statement of the interim periods presented. The results of operations for interim periods are not necessarily indicative of those for a full year. All intercompany accounts and transactions have been eliminated for purposes of preparing these condensed consolidated financial statements.</span></p>
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CY2020Q2 us-gaap Revenues
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us-gaap Revenues
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us-gaap Revenues
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us-gaap Contract With Customer Liability Revenue Recognized
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CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
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us-gaap Contract With Customer Liability Revenue Recognized
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CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2021Q2 us-gaap Inventory Net
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16312000
CY2021Q2 ncsm Property Plant And Equipment Net Excluding Construction In Progress
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24335000
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368000
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100000
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24164000
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CY2020Q2 us-gaap Depreciation
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us-gaap Depreciation
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1872000
us-gaap Depreciation
Depreciation
2446000
us-gaap Tangible Asset Impairment Charges
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CY2020Q2 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
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CY2021Q2 us-gaap Goodwill Gross
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177162000
CY2020Q4 us-gaap Goodwill Gross
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177162000
CY2021Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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161940000
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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161940000
CY2021Q2 us-gaap Goodwill
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15222000
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2027000
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CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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us-gaap Impairment Of Intangible Assets Finitelived
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CY2020Q2 us-gaap Impairment Of Intangible Assets Finitelived
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CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
8106000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1693000
CY2021Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
2726000
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
999000
CY2021Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
402000
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
505000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
730000
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
930000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1113000
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4058000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3347000
CY2021Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
6023000
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
5789000
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1447000
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1347000
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4576000
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4442000
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
730000
us-gaap Payments For Restructuring
PaymentsForRestructuring
730000
CY2021Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1600000
CY2020Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1900000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
3800000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
4700000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.151
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.105
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.107
CY2021Q2 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
1200000
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
1900000
CY2021Q2 ncsm Effective Tax Rate Increase Decrease
EffectiveTaxRateIncreaseDecrease
-0.242
ncsm Effective Tax Rate Increase Decrease
EffectiveTaxRateIncreaseDecrease
-0.235
CY2020Q2 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
1100000
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
10800000
CY2020Q2 ncsm Effective Tax Rate Increase Decrease
EffectiveTaxRateIncreaseDecrease
0.074
ncsm Effective Tax Rate Increase Decrease
EffectiveTaxRateIncreaseDecrease
0.167
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-5544000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-8892000
us-gaap Profit Loss
ProfitLoss
-9001000
us-gaap Profit Loss
ProfitLoss
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CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
251000
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-135000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
191000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2507000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-5795000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-8757000
us-gaap Net Income Loss
NetIncomeLoss
-9192000
us-gaap Net Income Loss
NetIncomeLoss
-60306000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2401000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2366000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2391000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2359000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2401000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2366000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2391000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2359000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.41
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.70
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.85
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-25.56
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.41
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.70
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.85
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-25.56
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
266000
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
241000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
250000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
230000
us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-20
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1

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