$QRHC
Quest Resource Holding Corp

2017 Q2 Form 10-Q Financial Statement

#000156459017017643 Filed on August 14, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $41.37M $46.84M
YoY Change -11.68% 10.65%
Cost Of Revenue $36.92M $43.19M
YoY Change -14.52% 10.99%
Gross Profit $4.450M $3.650M
YoY Change 21.92% 6.83%
Gross Profit Margin 10.76% 7.79%
Selling, General & Admin $4.580M $4.640M
YoY Change -1.29% 18.67%
% of Gross Profit 102.92% 127.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $113.4K $122.3K
YoY Change -7.24% 73.88%
% of Gross Profit 2.55% 3.35%
Operating Expenses $5.580M $5.640M
YoY Change -1.06% 15.61%
Operating Profit -$1.130M -$1.990M
YoY Change -43.22% 36.11%
Interest Expense -$120.0K -$60.00K
YoY Change 100.0% -242.06%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.250M -$2.050M
YoY Change -39.02% 36.28%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.250M -$2.050M
YoY Change -39.02% 36.28%
Net Earnings / Revenue -3.02% -4.38%
Basic Earnings Per Share
Diluted Earnings Per Share -$81.81K -$138.1K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.400M $2.000M
YoY Change -30.0% 300.0%
Cash & Equivalents $1.400M $2.025M
Short-Term Investments
Other Short-Term Assets $2.000M $1.800M
YoY Change 11.11% 50.0%
Inventory
Prepaid Expenses
Receivables $30.10M $35.60M
Other Receivables $0.00 $0.00
Total Short-Term Assets $33.50M $39.40M
YoY Change -14.97% 17.27%
LONG-TERM ASSETS
Property, Plant & Equipment $1.900M $1.477M
YoY Change 28.63% 137.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $67.00M $70.80M
YoY Change -5.37% -2.99%
TOTAL ASSETS
Total Short-Term Assets $33.50M $39.40M
Total Long-Term Assets $67.00M $70.80M
Total Assets $100.5M $110.2M
YoY Change -8.8% 3.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.28M $36.10M
YoY Change -24.43% 39.38%
Accrued Expenses $1.800M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $100.0K
YoY Change 0.0%
Total Short-Term Liabilities $29.80M $36.61M
YoY Change -18.6% 40.17%
LONG-TERM LIABILITIES
Long-Term Debt $6.200M $4.400M
YoY Change 40.91% -39.73%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $6.200M $4.400M
YoY Change 40.91% 12388.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.80M $36.61M
Total Long-Term Liabilities $6.200M $4.400M
Total Liabilities $36.10M $41.00M
YoY Change -11.95% 22.74%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $64.50M $69.20M
YoY Change
Total Liabilities & Shareholders Equity $100.5M $110.2M
YoY Change -8.8% 3.4%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$1.250M -$2.050M
YoY Change -39.02% 36.28%
Depreciation, Depletion And Amortization $113.4K $122.3K
YoY Change -7.24% 73.88%
Cash From Operating Activities $1.240M -$2.110M
YoY Change -158.77% -52.37%
INVESTING ACTIVITIES
Capital Expenditures -$90.00K -$270.0K
YoY Change -66.67% -32.5%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$90.00K -$270.0K
YoY Change -66.67% -32.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.880M 500.0K
YoY Change -476.0% -75.73%
NET CHANGE
Cash From Operating Activities 1.240M -2.110M
Cash From Investing Activities -90.00K -270.0K
Cash From Financing Activities -1.880M 500.0K
Net Change In Cash -730.0K -1.880M
YoY Change -61.17% -32.13%
FREE CASH FLOW
Cash From Operating Activities $1.240M -$2.110M
Capital Expenditures -$90.00K -$270.0K
Free Cash Flow $1.330M -$1.840M
YoY Change -172.28% -54.34%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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us-gaap Payments To Acquire Intangible Assets
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qrhc Increase Decrease In Deferred Revenue And Other Current Liabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Amortization Of Financing Costs
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us-gaap Increase Decrease In Accounts Receivable
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qrhc Increase Decrease In Security Deposits And Other Assets
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us-gaap Provision For Doubtful Accounts
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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qrhc Increase Decrease In Security Deposits And Other Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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us-gaap Management Fees Revenue
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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