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Global Clean Energy Holdings
Buy, Hold or Sell?

I guess you are interested in Global Clean Energy Holdings. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's analyse Global Clean Energy Holdings

Let's start. I'm going to help you getting a better view of Global Clean Energy Holdings. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is Global Clean Energy Holdings even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how Global Clean Energy Holdings is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Global Clean Energy Holdings. The closing price on 2022-09-30 was $1.85 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
Global Clean Energy Holdings Daily Candlestick Chart


Summary

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

1.1. Profitability of Global Clean Energy Holdings.

1.1. Profitability

An important factor of a company's health is the profitability.

1.1.1. Net Profit Margin

Measures how much net profit Global Clean Energy Holdings earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Global Clean Energy Holdings to the Farm Products industry mean.
  • A Net Profit Margin of 17,700.6% means that $177.01 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Global Clean Energy Holdings:

  • The MRQ is 666.4%. The company is making a huge profit. +2
  • The TTM is 17,700.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ666.4%TTM17,700.6%-17,034.2%
TTM17,700.6%YOY-5,619.6%+23,320.3%
TTM17,700.6%5Y4,393.1%+13,307.6%
5Y4,393.1%10Y1,819.0%+2,574.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ666.4%2.2%+664.2%
TTM17,700.6%1.7%+17,698.9%
YOY-5,619.6%3.0%-5,622.6%
5Y4,393.1%2.2%+4,390.9%
10Y1,819.0%2.5%+1,816.5%
1.1.2. Return on Assets

Shows how efficient Global Clean Energy Holdings is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Global Clean Energy Holdings to the Farm Products industry mean.
  • -2.8% Return on Assets means that Global Clean Energy Holdings generated $-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Global Clean Energy Holdings:

  • The MRQ is -0.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.4%TTM-2.8%+2.3%
TTM-2.8%YOY-3.5%+0.8%
TTM-2.8%5Y-3.0%+0.3%
5Y-3.0%10Y-2.0%-1.1%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.4%0.9%-1.3%
TTM-2.8%0.8%-3.6%
YOY-3.5%0.8%-4.3%
5Y-3.0%0.6%-3.6%
10Y-2.0%0.8%-2.8%
1.1.3. Return on Equity

Shows how efficient Global Clean Energy Holdings is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Global Clean Energy Holdings to the Farm Products industry mean.
  • 0.0% Return on Equity means the company generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Global Clean Energy Holdings:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-6.7%+6.7%
TTM-6.7%YOY--6.7%
TTM-6.7%5Y-2.4%-4.3%
5Y-2.4%10Y-1.0%-1.4%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.8%-1.8%
TTM-6.7%1.5%-8.2%
YOY-1.6%-1.6%
5Y-2.4%1.2%-3.6%
10Y-1.0%1.6%-2.6%

1.2. Operating Efficiency of Global Clean Energy Holdings.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Global Clean Energy Holdings is operating .

  • Measures how much profit Global Clean Energy Holdings makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Global Clean Energy Holdings to the Farm Products industry mean.
  • An Operating Margin of 4,026.0% means the company generated $40.26  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Global Clean Energy Holdings:

  • The MRQ is 4,026.0%. The company is operating very efficient. +2
  • The TTM is 19,037.8%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ4,026.0%TTM19,037.8%-15,011.9%
TTM19,037.8%YOY-5,444.5%+24,482.3%
TTM19,037.8%5Y4,943.0%+14,094.8%
5Y4,943.0%10Y2,063.1%+2,879.9%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ4,026.0%5.5%+4,020.5%
TTM19,037.8%3.6%+19,034.2%
YOY-5,444.5%4.7%-5,449.2%
5Y4,943.0%3.3%+4,939.7%
10Y2,063.1%2.9%+2,060.2%
1.2.2. Operating Ratio

Measures how efficient Global Clean Energy Holdings is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Farm Products industry mean).
  • An Operation Ratio of -42.44 means that the operating costs are $-42.44 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Global Clean Energy Holdings:

  • The MRQ is -42.440.
  • The TTM is -104.446.
Trends
Current periodCompared to+/- 
MRQ-42.440TTM-104.446+62.005
TTM-104.446YOY45.496-149.941
TTM-104.4465Y-21.436-83.009
5Y-21.43610Y-6.679-14.757
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-42.4401.744-44.184
TTM-104.4461.649-106.095
YOY45.4961.562+43.934
5Y-21.4361.444-22.880
10Y-6.6791.174-7.853

1.3. Liquidity of Global Clean Energy Holdings.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Global Clean Energy Holdings is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Farm Products industry mean).
  • A Current Ratio of 0.14 means the company has $0.14 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Global Clean Energy Holdings:

  • The MRQ is 0.145. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.323. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.145TTM0.323-0.178
TTM0.323YOY0.730-0.407
TTM0.3235Y0.475-0.152
5Y0.47510Y0.208+0.268
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1451.652-1.507
TTM0.3231.598-1.275
YOY0.7301.533-0.803
5Y0.4751.535-1.060
10Y0.2081.221-1.013
1.3.2. Quick Ratio

Measures if Global Clean Energy Holdings is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy (always compare to Farm Products industry mean)
  • A Quick Ratio of 0.07 means the company can pay off $0.07 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Global Clean Energy Holdings:

  • The MRQ is 0.067. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.225. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.067TTM0.225-0.158
TTM0.225YOY0.383-0.158
TTM0.2255Y0.223+0.002
5Y0.22310Y0.095+0.128
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0670.422-0.355
TTM0.2250.484-0.259
YOY0.3830.508-0.125
5Y0.2230.484-0.261
10Y0.0950.461-0.366

1.4. Solvency of Global Clean Energy Holdings.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Global Clean Energy Holdings assets are financed with debt.

  • Below 1 (100%) is considered healthy (always compare to Farm Products industry mean).
  • A Debt to Asset Ratio of 0.87 means that Global Clean Energy Holdings assets are financed with 86.7% credit (debt) and the remaining percentage (100% - 86.7%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Global Clean Energy Holdings:

  • The MRQ is 0.867. The company is just able to pay all its debts by selling its assets.
  • The TTM is 1.006. The company is just not able to pay all its debts by selling its assets. -1
Trends
Current periodCompared to+/- 
MRQ0.867TTM1.006-0.140
TTM1.006YOY1.134-0.128
TTM1.0065Y1.468-0.462
5Y1.46810Y1.406+0.062
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8670.498+0.369
TTM1.0060.492+0.514
YOY1.1340.484+0.650
5Y1.4680.476+0.992
10Y1.4060.465+0.941
1.4.2. Debt to Equity Ratio

Measures if Global Clean Energy Holdings is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy (always compare to Farm Products industry mean).
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Global Clean Energy Holdings:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.824-1.824
TTM1.824YOY-+1.824
TTM1.8245Y0.663+1.161
5Y0.66310Y0.281+0.383
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.977-0.977
TTM1.8240.967+0.857
YOY-0.955-0.955
5Y0.6630.961-0.298
10Y0.2810.996-0.715

2. Market Valuation of Global Clean Energy Holdings

2. Earnings
2.1. Price to Earnings Ratio

Measures how many years it takes to double your invested money in Global Clean Energy Holdings.

  • Above 15 is considered overpriced but is hard to determine (always use industry average).
  • A PE ratio of -2.16 means the investor is paying $-2.16 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Global Clean Energy Holdings:

  • The EOD is -1.578. Company is losing money. -2
  • The MRQ is -2.159. Company is losing money. -2
  • The TTM is -2.948. Company is losing money. -2
Trends
Current periodCompared to+/- 
EOD-1.578MRQ-2.159+0.580
MRQ-2.159TTM-2.948+0.789
TTM-2.948YOY-4.266+1.318
TTM-2.9485Y4.014-6.961
5Y4.01410Y1.128+2.885
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD-1.5787.450-9.028
MRQ-2.1597.962-10.121
TTM-2.94810.283-13.231
YOY-4.26612.453-16.719
5Y4.01412.932-8.918
10Y1.12815.058-13.930
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Global Clean Energy Holdings.

  • Lower is better
  • A PEG ratio of 1 means the investor is paying a fair price for the stock

Let's take a look of the Price Earnings to Growth Ratio trends of Global Clean Energy Holdings:

  • The MRQ is -0.080. Very Bad. -2
  • The TTM is -0.031. Very Bad. -2
Trends
Current periodCompared to+/- 
MRQ-0.080TTM-0.031-0.048
TTM-0.031YOY0.000-0.032
TTM-0.0315Y-0.075+0.043
5Y-0.07510Y-0.021-0.053
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.0800.032-0.112
TTM-0.031-0.001-0.030
YOY0.000-0.009+0.009
5Y-0.075-0.033-0.042
10Y-0.021-0.034+0.013

2. Books
2.3. Price to Book Ratio

Measures if the stock price of Global Clean Energy Holdings is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Farm Products industry mean).
  • A PB ratio of 1.48 means the investor is paying $1.48 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Global Clean Energy Holdings:

  • The EOD is 1.079. Good. +1
  • The MRQ is 1.476. Good. +1
  • The TTM is -0.496. Bad. Book ratio is negative. -2
Trends
Current periodCompared to+/- 
EOD1.079MRQ1.476-0.397
MRQ1.476TTM-0.496+1.972
TTM-0.496YOY-3.044+2.548
TTM-0.4965Y-1.433+0.936
5Y-1.43310Y-0.606-0.827
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD1.0791.700-0.621
MRQ1.4761.814-0.338
TTM-0.4962.122-2.618
YOY-3.0441.962-5.006
5Y-1.4331.809-3.242
10Y-0.6061.309-1.915

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Global Clean Energy Holdings compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share--1.7140.174+883%-0.856+150%-0.344+120%-0.145+108%
Book Value Per Share Growth---0.0440.690-106%-0.148+237%0.156-128%0.156-128%
Current Ratio--0.1450.323-55%0.730-80%0.475-70%0.208-30%
Debt To Asset Ratio--0.8671.006-14%1.134-24%1.468-41%1.406-38%
Debt To Equity Ratio---1.824-100%-0%0.663-100%0.281-100%
Dividend Per Share----0%-0%-0%-0%
Eps---0.057-0.293+413%-0.230+303%-0.189+231%-0.085+49%
Eps Growth--27.151256.105-89%-18142.238+66920%-6560.630+24263%-2647.177+9850%
Gains Per Share---0.0440.690-106%-0.148+237%0.156-128%0.156-128%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.615+63%
Net Profit Margin--6.664177.006-96%-56.196+943%43.931-85%18.190-63%
Operating Margin--40.260190.378-79%-54.445+235%49.430-19%20.631+95%
Operating Ratio---42.440-104.446+146%45.496-193%-21.436-49%-6.679-84%
Pb Ratio1.079-37%1.476-0.496+134%-3.044+306%-1.433+197%-0.606+141%
Pe Ratio-1.578+27%-2.159-2.948+37%-4.266+98%4.014-154%1.128-291%
Peg Ratio---0.080-0.031-61%0.000-48050%-0.075-6%-0.021-73%
Price Per Share1.850-37%2.5303.675-31%3.017-16%2.454+3%1.045+142%
Quick Ratio--0.0670.225-70%0.383-83%0.223-70%0.095-29%
Return On Assets---0.004-0.028+523%-0.035+698%-0.030+584%-0.020+344%
Return On Equity----0.0670%-0%-0.0240%-0.0100%
 EOD+2 -1MRQTTM+7 -10YOY+12 -45Y+9 -810Y+11 -7

3.2. Fundamental Score

Let's check the fundamental score of Global Clean Energy Holdings based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.578
Price to Book Ratio (EOD)Between0-11.079
Net Profit Margin (MRQ)Greater than06.664
Operating Margin (MRQ)Greater than040.260
Quick Ratio (MRQ)Greater than10.067
Current Ratio (MRQ)Greater than10.145
Debt to Asset Ratio (MRQ)Less than10.867
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.004
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Global Clean Energy Holdings based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.727
Ma 20Greater thanMa 502.065
Ma 50Greater thanMa 1002.164
Ma 100Greater thanMa 2002.459
OpenGreater thanClose1.965
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2021-06-302021-09-302021-12-312022-03-312022-06-30
Total Other Income Expense Net -2,175-659-2,834-235-3,0692,600-46913,40212,933



Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in USD. All numbers in thousands.

Summary
Total Assets540,058
Total Liabilities468,041
Total Stockholder Equity-15,833
 As reported
Total Liabilities 468,041
Total Stockholder Equity+ -15,833
Total Assets = 540,058

Assets

Total Assets540,058
Total Current Assets13,250
Long-term Assets13,250
Total Current Assets
Cash And Cash Equivalents 5,485
Net Receivables 635
Inventory 6,024
Other Current Assets 1,106
Total Current Assets  (as reported)13,250
Total Current Assets  (calculated)13,250
+/-0
Long-term Assets
Property Plant Equipment 496,675
Goodwill 10,401
Intangible Assets 12,120
Other Assets 3,715
Long-term Assets  (as reported)526,808
Long-term Assets  (calculated)522,910
+/- 3,897

Liabilities & Shareholders' Equity

Total Current Liabilities91,415
Long-term Liabilities376,626
Total Stockholder Equity-15,833
Total Current Liabilities
Short-term Debt 1,000
Short Long Term Debt 24,474
Accounts payable 66,173
Other Current Liabilities 24,242
Total Current Liabilities  (as reported)91,415
Total Current Liabilities  (calculated)115,888
+/- 24,474
Long-term Liabilities
Long term Debt Total 329,428
Warrants77,828
Other Liabilities 35,547
Deferred Long Term Liability 1,541
Long-term Liabilities  (as reported)376,626
Long-term Liabilities  (calculated)444,344
+/- 67,718
Total Stockholder Equity
Common Stock423
Retained Earnings Total Equity-137,207
Capital Surplus 120,937
Other Stockholders Equity 14
Total Stockholder Equity (as reported)-15,833
Total Stockholder Equity (calculated)-15,833
+/-0
Other
Capital Stock423
Cash and Short Term Investments 5,485
Common Stock Shares Outstanding 42,013
Common Stock Total Equity423
Liabilities and Stockholders Equity 540,058
Net Debt 348,418
Net Invested Capital 338,069
Net Tangible Assets 51,594
Net Working Capital -78,165
Minority Interest 10,022



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-31
> Total Assets 
124
121
8
24
39
17
110
112
91
85
73
111
213
96
51
448
608
347
434
1,506
3,210
2,543
1,632
1,031
486
497
545
110
195
131
394
1,241
855
4,163
4,525
5,092
6,227
6,722
7,913
7,556
9,336
9,558
10,481
11,015
12,946
14,000
14,883
16,099
18,550
18,685
19,984
19,482
24,937
24,013
22,984
19,926
20,097
20,239
19,501
18,093
17,462
17,180
9,688
3,819
3,573
9,406
9,590
166,963
211,822
206,078
234,447
303,204
352,856
421,769
539,515
540,058
540,058539,515421,769352,856303,204234,447206,078211,822166,9639,5909,4063,5733,8199,68817,18017,46218,09319,50120,23920,09719,92622,98424,01324,93719,48219,98418,68518,55016,09914,88314,00012,94611,01510,4819,5589,3367,5567,9136,7226,2275,0924,5254,1638551,2413941311951105454974861,0311,6322,5433,2101,50643434760844851962131117385911121101739248121124
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
359
287
326
142
480
151
14,681
17,302
22,735
21,360
24,199
24,370
18,771
51,486
13,250
13,25051,48618,77124,37024,19921,36022,73517,30214,6811514801423262873590000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
137
77
296
805
261
203
91
291
875
931
849
834
1,227
1,094
1,087
1,097
1,492
1,135
1,744
677
1,019
960
869
941
514
656
241
217
265
400
313
238
191
240
159
35
2
457
128
3,870
2,048
16,314
14,975
18,316
18,514
2,957
45,843
5,485
5,48545,8432,95718,51418,31614,97516,3142,0483,8701284572351592401912383134002652172416565149418699601,0196771,7441,1351,4921,0971,0871,0941,22783484993187529191203261805296771370000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
266
373
404
746
1,783
0
0
0
0
00001,7837464043732660000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40
47
10
14
0
0
0
0
144
96
149
0
1,375
461
635
6354611,3750149961440000141047400000000000000000000000000000000000000000000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
41
48
48
48
48
84
111
77
44
24
0
0
0
0
51
51
0
0
0
0
0
0
0
0
66
51
41
31
80
132
126
42
132
132
161
126
140
249
297
373
545
328
377
471
418
299
339
186
174
157
202
244
175
38
40
42
46
255
100
0
0
3,297
8,566
5,432
5,386
4,852
3,378
7,973
779
1,106
1,1067797,9733,3784,8525,3865,4328,5663,29700100255464240381752442021571741863392994184713773285453732972491401261611321324212613280314151660000000051510000244477111844848484841000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,926
9,439
152,282
194,519
840
1,508
1,508
1,508
402,998
488,030
526,808
526,808488,030402,9981,5081,5081,508840194,519152,2829,4398,92600000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
27
24
6
4
3
2
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
68
73
81
76
71
67
62
1
1
30
310
553
3,916
4,351
4,666
5,203
5,746
6,812
6,441
7,475
7,627
8,128
8,104
9,041
9,791
9,746
11,905
13,296
13,089
14,138
14,559
15,895
15,512
15,411
15,496
15,634
15,681
15,054
13,834
13,474
13,210
5,852
8
7
0
0
124,986
140,905
138,973
170,029
221,624
275,794
354,334
420,421
496,675
496,675420,421354,334275,794221,624170,029138,973140,905124,98600785,85213,21013,47413,83415,05415,68115,63415,49615,41115,51215,89514,55914,13813,08913,29611,9059,7469,7919,0418,1048,1287,6277,4756,4416,8125,7465,2034,6664,3513,91655331030116267717681736800000000000001123462427
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,355
1,355
8,777
10,325
10,401
10,40110,3258,7771,3551,35500000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,877
3,820
3,763
3,973
3,916
3,859
3,789
3,728
3,666
3,605
3,544
3,482
3,421
2,502
2,440
5,768
5,680
4,181
4,125
7,458
7,198
12,772
12,772
12,120
12,12012,77212,7727,1987,4584,1254,1815,6805,7682,4402,5023,4213,4823,5443,6053,6663,7283,7893,8593,9163,9733,7633,8203,8770000000000000000000000000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
62
60
49
36
24
12
0
0
0
0
0
0
0
0
0
0
302
296
303
320
149
0
57
53
2
0
0
13
3
3
3
3
3
3
261
560
935
1,547
2,086
2,609
2,758
3,082
3,721
3,958
4,554
3,679
7,730
7,224
7,112
3,980
3,922
3,865
3,795
3,734
3,672
6
5
3
3
0
0
21,528
47,934
40,138
38,859
48,507
43,619
27,115
44,411
3,715
3,71544,41127,11543,61948,50738,85940,13847,93421,5280033563,6723,7343,7953,8653,9223,9807,1127,2247,7303,6794,5543,9583,7213,0822,7582,6092,0861,54793556026133333313002535701493203032963020000000000122436496062000000
> Total Liabilities 
2,521
2,577
2,623
2,416
2,561
3,058
3,068
3,333
3,544
3,798
3,948
3,718
4,026
4,171
4,342
3,879
3,833
3,803
3,260
3,393
9,220
6,857
7,111
6,548
7,506
5,555
6,251
5,664
5,631
5,844
8,209
8,275
6,419
9,159
8,885
9,079
9,398
9,969
10,832
8,149
9,382
9,242
9,740
9,858
10,273
10,868
12,093
13,138
13,137
13,861
14,713
15,061
19,747
20,577
21,599
22,630
23,586
24,738
25,460
26,314
26,989
27,992
28,983
7,050
7,197
33,485
28,134
183,266
233,543
234,812
270,824
345,087
406,224
482,386
465,659
468,041
468,041465,659482,386406,224345,087270,824234,812233,543183,26628,13433,4857,1977,05028,98327,99226,98926,31425,46024,73823,58622,63021,59920,57719,74715,06114,71313,86113,13713,13812,09310,86810,2739,8589,7409,2429,3828,14910,8329,9699,3989,0798,8859,1596,4198,2758,2095,8445,6315,6646,2515,5557,5066,5487,1116,8579,2203,3933,2603,8033,8333,8794,3424,1714,0263,7183,9483,7983,5443,3333,0683,0582,5612,4162,6232,5772,521
   > Total Current Liabilities 
2,521
2,577
2,623
2,416
2,561
3,058
3,068
3,333
3,544
3,798
3,948
3,718
4,026
4,171
4,342
3,879
3,833
3,803
3,260
3,393
9,220
6,857
7,111
6,548
7,506
5,465
6,161
5,574
5,541
5,754
8,209
8,275
6,419
7,108
6,834
7,027
7,347
7,919
8,781
6,098
6,021
5,881
6,290
6,398
6,823
7,412
8,127
2,838
2,525
2,571
2,691
2,825
5,380
5,372
5,556
6,922
6,978
7,088
7,048
6,936
6,669
6,688
6,666
6,595
7,197
33,485
12,542
14,855
18,139
28,546
35,183
42,875
74,490
100,469
81,112
91,415
91,41581,112100,46974,49042,87535,18328,54618,13914,85512,54233,4857,1976,5956,6666,6886,6696,9367,0487,0886,9786,9225,5565,3725,3802,8252,6912,5712,5252,8388,1277,4126,8236,3986,2905,8816,0216,0988,7817,9197,3477,0276,8347,1086,4198,2758,2095,7545,5415,5746,1615,4657,5066,5487,1116,8579,2203,3933,2603,8033,8333,8794,3424,1714,0263,7183,9483,7983,5443,3333,0683,0582,5612,4162,6232,5772,521
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,895
4,850
4,152
18,341
0
1,000
1,000
1,0001,000018,3414,1524,8505,895000000000000000000000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,969
1,948
2,041
2,041
3,067
6,345
5,840
6,124
5,895
4,850
4,152
18,341
36,223
25,926
24,474
24,47425,92636,22318,3414,1524,8505,8956,1245,8406,3453,0672,0412,0411,9481,9690000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
1,789
1,783
1,787
1,509
1,505
1,530
1,541
1,832
1,916
2,176
2,245
2,278
2,344
2,442
2,571
2,067
2,200
2,359
2,331
2,448
2,364
2,611
2,659
2,609
2,425
2,152
2,165
2,321
712
825
1,112
1,244
1,343
1,691
1,478
1,891
2,067
2,188
2,320
2,118
2,003
1,711
1,744
1,810
1,801
1,869
1,832
1,363
1,368
1,487
1,536
1,135
3,598
3,602
3,668
3,808
3,726
3,793
3,715
3,652
3,356
3,325
3,330
3,042
3,061
1,778
2,229
3,418
7,084
22,598
30,258
38,661
55,956
4,563
55,040
66,173
66,17355,0404,56355,95638,66130,25822,5987,0843,4182,2291,7783,0613,0423,3303,3253,3563,6523,7153,7933,7263,8083,6683,6023,5981,1351,5361,4871,3681,3631,8321,8691,8011,8101,7441,7112,0032,1182,3202,1882,0671,8911,4781,6911,3431,2441,1128257122,3212,1652,1522,4252,6092,6592,6112,3642,4482,3312,3592,2002,0672,5712,4422,3442,2782,2452,1761,9161,8321,5411,5301,5051,5091,7871,7831,789
       Other Current Liabilities 
123
137
164
193
237
283
282
280
302
280
311
348
390
437
479
525
521
527
399
415
6,326
3,997
4,203
3,690
4,832
3,064
3,747
3,004
4,580
4,680
6,789
6,532
4,627
4,738
4,657
4,427
4,556
5,007
5,475
2,956
3,495
3,652
4,020
4,322
4,753
5,290
6,016
1,200
1,071
1,006
1,076
1,019
1,135
1,137
1,242
1,170
1,190
1,233
1,260
1,250
1,334
61
53
106
106
24,767
0
0
0
53
75
63
193
48,791
25,072
24,242
24,24225,07248,79119363755300024,76710610653611,3341,2501,2601,2331,1901,1701,2421,1371,1351,0191,0761,0061,0711,2006,0165,2904,7534,3224,0203,6523,4952,9565,4755,0074,5564,4274,6574,7384,6276,5326,7894,6804,5803,0043,7473,0644,8323,6904,2033,9976,326415399527521525479437390348311280302280282283237193164137123
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,592
168,411
215,404
206,266
235,641
302,212
331,734
381,917
384,547
376,626
376,626384,547381,917331,734302,212235,641206,266215,404168,41115,592000000000000000000000000000000000000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,155
17,353
17,972
278,849
0
324,539
329,428
329,428324,5390278,84917,97217,35316,155000000000000000000000000000000000000000000000000000000000000000000000
       Warrants
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
71,019
77,828
77,82871,01900000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
90
90
90
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,592
4,913
5,598
6,341
7,086
7,905
8,754
9,632
10,598
11,498
12,540
13,302
14,268
15,210
16,193
17,207
455
0
0
0
75,106
75,589
38,219
36,669
35,947
34,502
38,774
37,124
35,547
35,54737,12438,77434,50235,94736,66938,21975,58975,10600045517,20716,19315,21014,26813,30212,54011,49810,5989,6328,7547,9057,0866,3415,5984,9134,59200000000000000000909090000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
840
840
840
1,508
1,508
1,508
3,973
1,546
1,541
1,5411,5463,9731,5081,5081,5088408408400000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-3,247
-3,886
-3,230
-3,625
-24,079
-18,544
-16,303
-21,722
-28,734
-36,377
-41,883
-53,368
-66,086
63,835
-15,833
-15,83363,835-66,086-53,368-41,883-36,377-28,734-21,722-16,303-18,544-24,079-3,625-3,230-3,886-3,2470000000000000000000000000000000000000000000000000000000000000
   Retained Earnings -137,207-134,807-117,648-100,213-88,532-74,454-66,232-59,083-53,656-50,244-55,682-34,630-34,211-29,917-29,2830000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37,140
37,702
46,248
46,444
0
127,202
120,937
120,937127,202046,44446,24837,70237,140000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.