$QRHC
Quest Resource Holding Corp

2013 Q4 Form 10-Q Financial Statement

#000119312513442373 Filed on November 14, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $37.89M $28.90M $335.9K
YoY Change 3508.57% 8503.7% 3258.86%
Cost Of Revenue $36.05M $26.23M $10.00K
YoY Change 180150.0% 262229.69%
Gross Profit $1.840M $2.666M $335.9K
YoY Change 78.64% 693.62% 3258.86%
Gross Profit Margin 4.86% 9.22% 100.0%
Selling, General & Admin $2.990M $5.027M $1.170M
YoY Change -42.5% 329.61% 800.15%
% of Gross Profit 162.5% 188.6% 348.39%
Research & Development $20.00K
YoY Change
% of Gross Profit 5.95%
Depreciation & Amortization $940.0K $850.0K $0.00
YoY Change 1242.86%
% of Gross Profit 51.09% 31.89% 0.0%
Operating Expenses $3.930M $9.284M $1.179M
YoY Change -82.68% 687.66% 741.92%
Operating Profit -$2.090M -$6.618M -$842.8K
YoY Change -90.35% 685.29% 548.31%
Interest Expense $22.58M $2.721M $299.6K
YoY Change 2113.73% 808.34% -1597.75%
% of Operating Profit
Other Income/Expense, Net $0.00 $2.721M $278.6K
YoY Change -100.0% 876.56%
Pretax Income -$2.940M -$9.251M -$698.9K
YoY Change -92.53% 1223.75% 399.18%
Income Tax $0.00 $0.00 -$177.3K
% Of Pretax Income
Net Earnings -$2.940M -$9.251M -$521.5K
YoY Change -92.71% 1673.86% 272.51%
Net Earnings / Revenue -7.76% -32.01% -155.27%
Basic Earnings Per Share
Diluted Earnings Per Share -$245.0K -$835.6K -$203.7K
COMMON SHARES
Basic Shares Outstanding 95.81M shares 95.81M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.700M $3.600M $0.00
YoY Change 440.0%
Cash & Equivalents $2.677M $3.630M $261.3K
Short-Term Investments
Other Short-Term Assets $400.0K $400.0K
YoY Change
Inventory $3.251K $0.00 $0.00
Prepaid Expenses
Receivables $20.85M $17.71M
Other Receivables $0.00 $0.00
Total Short-Term Assets $23.93M $21.71M $0.00
YoY Change 3308.71%
LONG-TERM ASSETS
Property, Plant & Equipment $645.5K $706.7K $0.00
YoY Change 311.96%
Goodwill $58.34M $57.94M
YoY Change
Intangibles $17.64M $18.72M
YoY Change 13593.3%
Long-Term Investments $0.00
YoY Change
Other Assets $0.00 $0.00
YoY Change -100.0%
Total Long-Term Assets $76.72M $77.48M $0.00
YoY Change 1582.4% -100.0%
TOTAL ASSETS
Total Short-Term Assets $23.93M $21.71M $0.00
Total Long-Term Assets $76.72M $77.48M $0.00
Total Assets $100.6M $99.19M $0.00
YoY Change 1812.72% -100.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.59M $20.09M $100.0K
YoY Change 7351.04% 19993.26% 0.0%
Accrued Expenses $2.674M $2.994M $0.00
YoY Change 312.52%
Deferred Revenue
YoY Change
Short-Term Debt $2.800M $2.300M $200.0K
YoY Change 2700.0% 1050.0%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $29.29M $25.64M $200.0K
YoY Change 2148.98% 12721.09% 100.0%
LONG-TERM LIABILITIES
Long-Term Debt $17.38M $16.90M $0.00
YoY Change 2382.3%
Other Long-Term Liabilities $33.07K $0.00
YoY Change -99.84%
Total Long-Term Liabilities $17.41M $16.90M $0.00
YoY Change -16.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.29M $25.64M $200.0K
Total Long-Term Liabilities $17.41M $16.90M $0.00
Total Liabilities $46.67M $42.52M $300.0K
YoY Change 110.0% 14074.52% 200.0%
SHAREHOLDERS EQUITY
Retained Earnings -$65.53M -$62.58M
YoY Change 37.29%
Common Stock $119.5M $95.82K
YoY Change 205803.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $53.98M $56.67M -$300.0K
YoY Change
Total Liabilities & Shareholders Equity $100.6M $99.19M $0.00
YoY Change 1812.72% -100.0%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$2.940M -$9.251M -$521.5K
YoY Change -92.71% 1673.86% 272.51%
Depreciation, Depletion And Amortization $940.0K $850.0K $0.00
YoY Change 1242.86%
Cash From Operating Activities -$1.310M -$1.080M -$140.0K
YoY Change -64.4% 671.43% 100.0%
INVESTING ACTIVITIES
Capital Expenditures -$50.00K -$10.00K $0.00
YoY Change 400.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities -$130.0K $4.550M
YoY Change -118.57%
Cash From Investing Activities -$170.0K $4.540M $0.00
YoY Change -124.64% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 540.0K -20.00K 110.0K
YoY Change -75.89% -118.18% 266.67%
NET CHANGE
Cash From Operating Activities -1.310M -1.080M -140.0K
Cash From Investing Activities -170.0K 4.540M 0.000
Cash From Financing Activities 540.0K -20.00K 110.0K
Net Change In Cash -940.0K 3.440M -30.00K
YoY Change 25.33% -11566.67% -50.0%
FREE CASH FLOW
Cash From Operating Activities -$1.310M -$1.080M -$140.0K
Capital Expenditures -$50.00K -$10.00K $0.00
Free Cash Flow -$1.260M -$1.070M -$140.0K
YoY Change -65.67% 664.29% 180.0%

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dei Trading Symbol
TradingSymbol
QRHC
dei Entity Registrant Name
EntityRegistrantName
Quest Resource Holding Corporation
dei Amendment Flag
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dei Entity Filer Category
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Smaller Reporting Company
dei Document Fiscal Year Focus
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2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0001442236
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
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dei Entity Information Date To Change Former Legal Or Registered Name
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2013-10-28
dei Entity Information Former Legal Or Registered Name
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Infinity Resources Holdings Corp.
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