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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Equipment sales $ 1,577 $ 14,869 $ 31,304 $ 44,788
Chemicals 717 670 3,844 1,717
Consulting services and other 0 171 0 492
Total revenues 2,294 15,710 35,148 46,997
Operating expenses:        
Equipment sales cost of revenue, exclusive of depreciation and amortization 1,467 12,704 28,260 35,175
Chemicals cost of revenue, exclusive of depreciation and amortization 574 469 2,977 865
Consulting services and other cost of revenue, exclusive of depreciation and amortization 0 86 0 299
Payroll and benefits 1,679 2,809 5,894 10,567
Rent and occupancy 255 508 555 1,534
Legal and professional fees 1,062 1,615 3,316 6,581
General and administrative 862 818 2,934 2,920
Research and development, net 252 (524) 30 (667)
Depreciation and amortization 87 138 687 593
Total operating expenses 6,238 18,623 44,653 57,867
Operating loss (3,944) (2,913) (9,505) (10,870)
Other income (expense):        
Earnings from equity method investments 12,120 10,735 36,089 30,066
Royalties, related party 2,804 2,064 6,425 3,922
Interest expense (678) (969) (1,999) (4,496)
Revision in estimated royalty indemnity liability 0 0 3,400 0
Other (924) 1,278 (908) 3,960
Total other income 13,322 13,108 43,007 33,452
Income before income tax expense 9,378 10,195 33,502 22,582
Income tax expense 3,586 583 12,614 734
Net income $ 5,792 $ 9,612 $ 20,888 $ 21,848
Earnings per common share (Note 1):        
Basic (in dollars per share) $ 0.28 $ 0.44 $ 0.96 $ 0.99
Diluted (in dollars per share) $ 0.28 $ 0.43 $ 0.96 $ 0.97
Weighted-average number of common shares outstanding:        
Basic (in shares) 20,808 21,740 21,569 21,926
Diluted (in shares) 20,854 22,098 21,598 22,209
Cash dividends declared per common share outstanding (in dollars per share) $ 0.25 $ 0 $ 0.5 $ 0