2021 Q3 Form 10-Q Financial Statement

#000160626821000107 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q4 2020 Q3
Revenue $97.98M $119.0M $140.6M
YoY Change -30.33% -36.07% -32.09%
Cost Of Revenue $40.30M $75.05M $85.12M
YoY Change -52.66% -41.42% -31.28%
Gross Profit $57.68M $44.00M $55.51M
YoY Change 3.91% -24.27% -33.29%
Gross Profit Margin 58.87% 36.96% 39.47%
Selling, General & Admin $9.719M $24.65M $19.08M
YoY Change -49.06% -37.13% -30.87%
% of Gross Profit 16.85% 56.02% 34.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $400.0K $6.683M $400.0K
YoY Change 0.0% -25.99% -33.33%
% of Gross Profit 0.69% 15.19% 0.72%
Operating Expenses $14.77M $31.33M $26.36M
YoY Change -43.97% -35.0% -83.63%
Operating Profit $42.91M $12.67M $29.15M
YoY Change 47.19% 27.95% -36.75%
Interest Expense $1.298M -$903.0K $1.487M
YoY Change -12.71% -92.01% -31.6%
% of Operating Profit 3.02% -7.13% 5.1%
Other Income/Expense, Net -$1.235M -$1.407M
YoY Change -12.22% -24.03%
Pretax Income $41.68M $11.76M $27.75M
YoY Change 50.21% 236.11% -37.28%
Income Tax $7.021M $2.997M $5.141M
% Of Pretax Income 16.85% 25.48% 18.53%
Net Earnings $14.88M $4.039M $9.613M
YoY Change 54.82% -244.25% -38.12%
Net Earnings / Revenue 15.19% 3.39% 6.84%
Basic Earnings Per Share $0.83 $0.52
Diluted Earnings Per Share $0.82 $271.2K $0.52
COMMON SHARES
Basic Shares Outstanding 15.57M shares 14.65M shares
Diluted Shares Outstanding 15.69M shares 14.67M shares

Balance Sheet

Concept 2021 Q3 2020 Q4 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $139.1M $77.65M $81.74M
YoY Change 70.14% 21.52% 62.19%
Cash & Equivalents $89.42M $71.68M $75.35M
Short-Term Investments $49.66M $5.966M $6.397M
Other Short-Term Assets $13.78M $11.82M $9.090M
YoY Change 51.57% 93.45% -36.42%
Inventory $2.544M $1.496M $1.796M
Prepaid Expenses
Receivables $47.64M $70.35M $63.81M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $242.4M $204.9M $196.8M
YoY Change 23.21% -13.24% -7.12%
LONG-TERM ASSETS
Property, Plant & Equipment $4.518M $3.354M $2.867M
YoY Change 57.59% 2.66% -11.92%
Goodwill $120.3M $120.3M $120.3M
YoY Change 0.0% 0.0% 0.0%
Intangibles $3.505M $5.691M $8.710M
YoY Change -59.76% -67.97% -57.95%
Long-Term Investments
YoY Change
Other Assets $2.959M $4.139M $4.992M
YoY Change -40.73% -26.7% -48.51%
Total Long-Term Assets $150.1M $161.8M $164.4M
YoY Change -8.71% -13.41% -11.89%
TOTAL ASSETS
Total Short-Term Assets $242.4M $204.9M $196.8M
Total Long-Term Assets $150.1M $161.8M $164.4M
Total Assets $392.5M $366.7M $361.1M
YoY Change 8.68% -13.31% -9.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.42M $27.32M $29.36M
YoY Change -6.6% -43.37% -35.77%
Accrued Expenses $25.06M $34.16M $28.68M
YoY Change -12.64% -9.95% 20.74%
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 $71.14M $90.66M $83.29M
YoY Change -14.58% -36.13% -22.95%
LONG-TERM LIABILITIES
Long-Term Debt $140.0M $100.0M $100.0M
YoY Change 40.0% -18.7% -16.32%
Other Long-Term Liabilities $308.0K $257.0K $510.0K
YoY Change -39.61% -63.29% -74.5%
Total Long-Term Liabilities $140.0M $100.0M $100.5M
YoY Change 39.29% -18.7% -15.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $71.14M $90.66M $83.29M
Total Long-Term Liabilities $140.0M $100.0M $100.5M
Total Liabilities $211.5M $190.9M $183.8M
YoY Change 15.04% -28.14% -19.96%
SHAREHOLDERS EQUITY
Retained Earnings $18.10M $11.72M $12.28M
YoY Change 47.37% 991.34% 219.15%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 144.6K shares 144.6K shares 144.6K shares
Shareholders Equity $69.57M $64.85M $64.36M
YoY Change
Total Liabilities & Shareholders Equity $392.5M $366.7M $361.1M
YoY Change 8.68% -13.31% -9.36%

Cashflow Statement

Concept 2021 Q3 2020 Q4 2020 Q3
OPERATING ACTIVITIES
Net Income $14.88M $4.039M $9.613M
YoY Change 54.82% -244.25% -38.12%
Depreciation, Depletion And Amortization $400.0K $6.683M $400.0K
YoY Change 0.0% -25.99% -33.33%
Cash From Operating Activities $9.604M $7.883M $12.16M
YoY Change -21.05% -46.19% -53.32%
INVESTING ACTIVITIES
Capital Expenditures -$2.626M -$935.0K -$640.0K
YoY Change 310.31% -273.15% -633.33%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$2.626M -$935.0K -$640.0K
YoY Change 310.31% -111.85% 433.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.40M -10.64M -15.77M
YoY Change -15.03% 25.96% 44.14%
NET CHANGE
Cash From Operating Activities 9.604M 7.883M 12.16M
Cash From Investing Activities -2.626M -935.0K -640.0K
Cash From Financing Activities -13.40M -10.64M -15.77M
Net Change In Cash -6.421M -3.696M -4.244M
YoY Change 51.3% -126.23% -128.29%
FREE CASH FLOW
Cash From Operating Activities $9.604M $7.883M $12.16M
Capital Expenditures -$2.626M -$935.0K -$640.0K
Free Cash Flow $12.23M $8.818M $12.80M
YoY Change -4.49% -37.51% -50.64%

Facts In Submission

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NetIncomeLossAvailableToCommonStockholdersBasic
12932000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7662000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7662000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11882000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11882000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
19761000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19761000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15572000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14653000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14965000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14531000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15686000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14671000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15099000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14655000 shares
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
88461000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1792000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-587000 USD
us-gaap Profit Loss
ProfitLoss
31893000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
13811000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8151000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5853000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Stockholders Equity Change In Reporting Entity
StockholdersEquityChangeInReportingEntity
0 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
93744000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
67096000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
389000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
14883000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
34657000 USD
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3624000 USD
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2823000 USD
CY2021Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1951000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2021Q3 us-gaap Stockholders Equity Change In Reporting Entity
StockholdersEquityChangeInReportingEntity
0 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
93744000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
67286000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2061000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-912000 USD
us-gaap Profit Loss
ProfitLoss
59451000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
23409000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7917000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5491000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
395000 USD
us-gaap Stockholders Equity Change In Reporting Entity
StockholdersEquityChangeInReportingEntity
0 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
90041000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
81819000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
289000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
22606000 USD
CY2020Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9674000 USD
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2652000 USD
CY2020Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1952000 USD
CY2020Q3 us-gaap Stockholders Equity Change In Reporting Entity
StockholdersEquityChangeInReportingEntity
0 USD
CY2020Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
395000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
90041000 USD
us-gaap Profit Loss
ProfitLoss
31893000 USD
us-gaap Profit Loss
ProfitLoss
59451000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16498000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24084000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10616000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3366000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2012000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2134000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
792000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
966000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
379000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4613000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
57726000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-14015000 USD
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-6050000 USD
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
32682000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-22327000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-44579000 USD
us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
-1647000 USD
us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
2546000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1048000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1158000 USD
spke Increase Decreasein Deferred Acquisition Costs
IncreaseDecreaseinDeferredAcquisitionCosts
765000 USD
spke Increase Decreasein Deferred Acquisition Costs
IncreaseDecreaseinDeferredAcquisitionCosts
1763000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1331000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-6268000 USD
us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
-27000 USD
us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
0 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-577000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
316000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-16920000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-39997000 USD
us-gaap Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
-414000 USD
us-gaap Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
-655000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
1525000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
1439000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-29000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-166000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18772000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
83948000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2170000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1219000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1519000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3689000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1219000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
2282000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
575000000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
420000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
545000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
443000000 USD
us-gaap Proceeds From Subordinated Short Term Debt
ProceedsFromSubordinatedShortTermDebt
10000000 USD
us-gaap Proceeds From Subordinated Short Term Debt
ProceedsFromSubordinatedShortTermDebt
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
395000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
833000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1107000 USD
spke Payments To Acquire Residential Customer Equivalents
PaymentsToAcquireResidentialCustomerEquivalents
0 USD
spke Payments To Acquire Residential Customer Equivalents
PaymentsToAcquireResidentialCustomerEquivalents
972000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8151000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7917000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
13811000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
23409000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5853000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5935000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11352000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-65017000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
26435000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17712000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71684000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
57668000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
98119000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
75380000 USD
spke Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
287000 USD
spke Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
5000 USD
us-gaap Interest Paid Net
InterestPaidNet
3143000 USD
us-gaap Interest Paid Net
InterestPaidNet
3198000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-5076000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13074000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates and Assumptions</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The preparation of our condensed consolidated financial statements requires estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the interim financial statements and the reported amounts of revenues and expenses during the period. Actual results could materially differ from those estimates.</span></div>
us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
Electricity and natural gas products may be sold as fixed-price or variable-price products. The typical length of a contract to provide electricity and/or natural gas is twelve months.
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
98267000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
141188000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
98267000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
141188000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
98267000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
141188000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
293721000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
436166000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
293721000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
436166000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
293721000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
436166000 USD
CY2021Q3 spke Income Loss From Continuing Operations Before Income Tax Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxAttributableToNoncontrollingInterest
21959000 USD
CY2020Q3 spke Income Loss From Continuing Operations Before Income Tax Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxAttributableToNoncontrollingInterest
14909000 USD
spke Income Loss From Continuing Operations Before Income Tax Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxAttributableToNoncontrollingInterest
18884000 USD
spke Income Loss From Continuing Operations Before Income Tax Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxAttributableToNoncontrollingInterest
38717000 USD
CY2021Q3 spke Income Tax Expense Benefit Attributableto Noncontrolling Interest
IncomeTaxExpenseBenefitAttributabletoNoncontrollingInterest
2185000 USD
CY2020Q3 spke Income Tax Expense Benefit Attributableto Noncontrolling Interest
IncomeTaxExpenseBenefitAttributabletoNoncontrollingInterest
1916000 USD
spke Income Tax Expense Benefit Attributableto Noncontrolling Interest
IncomeTaxExpenseBenefitAttributabletoNoncontrollingInterest
4726000 USD
spke Income Tax Expense Benefit Attributableto Noncontrolling Interest
IncomeTaxExpenseBenefitAttributabletoNoncontrollingInterest
4517000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
19774000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12993000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14158000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
34200000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8200000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14653000 shares
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
14883000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
9613000 USD
us-gaap Net Income Loss
NetIncomeLoss
17735000 USD
us-gaap Net Income Loss
NetIncomeLoss
25251000 USD
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1951000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1951000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5853000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5490000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12932000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
12932000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7662000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7662000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11882000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11882000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19761000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
19761000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15572000 shares
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
12932000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12932000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7662000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7662000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14965000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14531000 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.36
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11882000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11882000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
19761000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19761000 USD
CY2021Q3 spke Dilutive Securities Effecton Basic Earnings Per Common Share Common Stock Conversion
DilutiveSecuritiesEffectonBasicEarningsPerCommonShareCommonStockConversion
0 USD
CY2020Q3 spke Dilutive Securities Effecton Basic Earnings Per Common Share Common Stock Conversion
DilutiveSecuritiesEffectonBasicEarningsPerCommonShareCommonStockConversion
0 USD
spke Dilutive Securities Effecton Basic Earnings Per Common Share Common Stock Conversion
DilutiveSecuritiesEffectonBasicEarningsPerCommonShareCommonStockConversion
0 USD
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15686000 shares
spke Dilutive Securities Effecton Basic Earnings Per Common Share Common Stock Conversion
DilutiveSecuritiesEffectonBasicEarningsPerCommonShareCommonStockConversion
0 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
12932000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
7662000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
11882000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
19761000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15572000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14653000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14965000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14531000 shares
CY2021Q3 spke Incremental Common Shares Attributableto Dilutive Effectof Common Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofCommonStock
0 shares
CY2020Q3 spke Incremental Common Shares Attributableto Dilutive Effectof Common Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofCommonStock
0 shares
spke Incremental Common Shares Attributableto Dilutive Effectof Common Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofCommonStock
0 shares
spke Incremental Common Shares Attributableto Dilutive Effectof Common Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofCommonStock
0 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
114000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
18000 shares
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q3 us-gaap Collateral Already Posted Aggregate Fair Value
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CY2021Q3 us-gaap Derivative Gain Loss On Derivative Net
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CY2020Q3 us-gaap Derivative Gain Loss On Derivative Net
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us-gaap Derivative Gain Loss On Derivative Net
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57726000 USD
us-gaap Derivative Gain Loss On Derivative Net
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CY2021Q3 spke Gain Loss On Sale Of Derivatives Settlements Not Designated
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CY2020Q3 spke Gain Loss On Sale Of Derivatives Settlements Not Designated
GainLossOnSaleOfDerivativesSettlementsNotDesignated
6425000 USD
spke Gain Loss On Sale Of Derivatives Settlements Not Designated
GainLossOnSaleOfDerivativesSettlementsNotDesignated
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spke Gain Loss On Sale Of Derivatives Settlements Not Designated
GainLossOnSaleOfDerivativesSettlementsNotDesignated
32997000 USD
CY2021Q3 us-gaap Property Plant And Equipment Gross
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7362000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2021Q3 us-gaap Property Plant And Equipment Net
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CY2020Q4 us-gaap Property Plant And Equipment Net
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3354000 USD
CY2021Q3 us-gaap Depreciation
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400000 USD
CY2020Q3 us-gaap Depreciation
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400000 USD
us-gaap Depreciation
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1300000 USD
us-gaap Depreciation
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1600000 USD
CY2021Q3 us-gaap Goodwill
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CY2020Q4 us-gaap Goodwill
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120343000 USD
CY2020Q4 us-gaap Goodwill
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120343000 USD
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0 USD
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0 USD
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3640000 USD
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7702000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2021Q3 spke Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
1616000 USD
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FiniteLivedIntangibleAssetsNet
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CY2021Q3 us-gaap Long Term Debt Noncurrent
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140000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
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CY2021Q3 us-gaap Long Term Debt
LongTermDebt
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CY2020Q4 us-gaap Long Term Debt
LongTermDebt
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CY2020Q3 us-gaap Amortization Of Financing Costs
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476000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
792000 USD
us-gaap Amortization Of Financing Costs
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InterestExpense
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InterestExpense
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us-gaap Interest Expense
InterestExpense
4161000 USD
us-gaap Interest Expense
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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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CY2021Q3 us-gaap Due From Related Parties Current
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CY2020Q4 us-gaap Due From Related Parties Current
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CY2020Q4 spke Related Party Assets
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CY2020Q4 us-gaap Due To Affiliate Current
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CY2020Q4 us-gaap Subordinated Debt
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CY2021Q3 us-gaap Due To Related Parties Current
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CY2020Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
826000 USD
CY2021Q3 spke Asset Optimization Revenue Gross
AssetOptimizationRevenueGross
9600000 USD
CY2020Q3 spke Asset Optimization Revenue Gross
AssetOptimizationRevenueGross
6200000 USD
CY2021Q3 spke Asset Optimization Costof Revenues
AssetOptimizationCostofRevenues
9900000 USD
CY2020Q3 spke Asset Optimization Costof Revenues
AssetOptimizationCostofRevenues
6800000 USD
spke Asset Optimization Revenue Gross
AssetOptimizationRevenueGross
43100000 USD
spke Asset Optimization Revenue Gross
AssetOptimizationRevenueGross
16500000 USD
spke Asset Optimization Costof Revenues
AssetOptimizationCostofRevenues
43600000 USD
spke Asset Optimization Costof Revenues
AssetOptimizationCostofRevenues
16800000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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41678000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
27747000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
41053000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
72190000 USD
CY2021Q3 us-gaap Investment Income Nonoperating
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63000 USD
CY2020Q3 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
80000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
228000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
293000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
1298000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
1487000 USD
us-gaap Interest Expense
InterestExpense
4161000 USD
us-gaap Interest Expense
InterestExpense
4233000 USD
CY2021Q3 us-gaap Operating Income Loss
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42913000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
29154000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
44986000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
76130000 USD
CY2021Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5049000 USD
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7278000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16498000 USD
us-gaap Depreciation And Amortization
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CY2021Q3 us-gaap General And Administrative Expense
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CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19080000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
33053000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
66087000 USD
CY2021Q3 spke Net Asset Optimization Revenues Expenses
NetAssetOptimizationRevenuesExpenses
-288000 USD
CY2020Q3 spke Net Asset Optimization Revenues Expenses
NetAssetOptimizationRevenuesExpenses
-558000 USD
spke Net Asset Optimization Revenues Expenses
NetAssetOptimizationRevenuesExpenses
-542000 USD
spke Net Asset Optimization Revenues Expenses
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-319000 USD
CY2021Q3 us-gaap Unusual Or Infrequent Item Net Gain Loss
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-497000 USD
CY2020Q3 us-gaap Unusual Or Infrequent Item Net Gain Loss
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0 USD
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0 USD
CY2021Q3 spke Retail Gross Profit
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30870000 USD
CY2020Q3 spke Retail Gross Profit
RetailGrossProfit
47031000 USD
spke Retail Gross Profit
RetailGrossProfit
107322000 USD
spke Retail Gross Profit
RetailGrossProfit
147486000 USD
CY2021Q3 us-gaap Revenues
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97979000 USD
CY2021Q3 us-gaap Cost Of Goods And Services Sold
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40298000 USD
CY2021Q3 spke Net Asset Optimization Revenues Expenses
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CY2021Q3 us-gaap Unusual Or Infrequent Item Net Gain Loss
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CY2021Q3 spke Retail Gross Profit
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30870000 USD
CY2021Q3 us-gaap Assets
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392482000 USD
CY2021Q3 us-gaap Goodwill
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120343000 USD
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140630000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
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CY2020Q3 spke Retail Gross Profit
RetailGrossProfit
47031000 USD
CY2020Q4 us-gaap Assets
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CY2020Q4 us-gaap Goodwill
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spke Net Asset Optimization Revenues Expenses
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us-gaap Unusual Or Infrequent Item Net Gain Loss
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64403000 USD
spke Retail Gross Profit
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107322000 USD
CY2021Q3 us-gaap Assets
Assets
392482000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
120343000 USD
us-gaap Revenues
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435847000 USD
us-gaap Cost Of Goods And Services Sold
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spke Retail Gross Profit
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147486000 USD
CY2020Q4 us-gaap Assets
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366667000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
120343000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
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293721000 USD
spke Net Asset Optimization Revenues Expenses
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CY2021Q3 us-gaap Cost Of Goods And Services Sold
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40298000 USD
us-gaap Cost Of Goods And Services Sold
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198642000 USD
us-gaap General And Administrative Expense
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16498000 USD
us-gaap Interest Expense
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4161000 USD
us-gaap Income Tax Expense Benefit
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9160000 USD

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