XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Total
Series A Preferred
Series B1 Preferred Stock
Series B Preferred Stock
Common Stock
Common Stock
Series A Preferred
Common Stock
Series B1 Preferred Stock
Common Stock
Series B Preferred Stock
Preferred stock
Preferred stock
Series A Preferred
Additional Paid-In Capital
Additional Paid-In Capital
Series B1 Preferred Stock
Additional Paid-In Capital
Series B Preferred Stock
Retained Earnings
Retained Earnings
Series B Preferred Stock
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2020         45,555,000         420,000            
Beginning balance at Dec. 31, 2020 $ 5,925,000       $ 46,000         $ 0 $ 94,570,000     $ (90,009,000)   $ 1,318,000
Increase (Decrease) in Stockholders' Equity                                
Exercise of options/B1 warrants (in shares)         23,000   1,080,000                  
Exercise of options/ B1 warrants 0   $ 2,758,000   $ 0   $ 1,000       0 $ 2,757,000        
Share based compensation expense 150,000                   150,000          
Exchanges of Series B Preferred stock to common (in shares)               2,359,000                
Exchanges of Series B Preferred stock to common       $ 4,746,000       $ 2,000         $ 4,114,000   $ 630,000  
Conversion of Series B Preferred stock to common (in shares)               638,000                
Conversion of Series B Preferred stock to common       1,979,000       $ 1,000         1,978,000      
Conversion of Series B1 Preferred stock to common (in shares)             2,087,000                  
Conversion of Series B1 Preferred stock to common     3,256,000       $ 2,000         3,254,000        
Dividends on Series B and B1 (372,000)                         (372,000)    
Accretion of discount on Series B and B1 (224,000)                         (224,000)    
Accretion of redeemable non-controlling interest to redemption value (373,000)                         (373,000)    
Net income (loss) 2,965,000                         974,000   1,991,000
Less: amount attributable to redeemable non-controlling interest (1,542,000)                             (1,542,000)
Ending balance (in shares) at Mar. 31, 2021         51,742,000         420,000            
Ending balance at Mar. 31, 2021 19,268,000       $ 52,000         $ 0 106,823,000     (89,374,000)   1,767,000
Beginning balance (in shares) at Dec. 31, 2020         45,555,000         420,000            
Beginning balance at Dec. 31, 2020 5,925,000       $ 46,000         $ 0 94,570,000     (90,009,000)   1,318,000
Increase (Decrease) in Stockholders' Equity                                
Exercise of options/B1 warrants (in shares)         528,368                      
Net income (loss) (2,347,000)                              
Ending balance (in shares) at Sep. 30, 2021         63,003,000       386,000              
Ending balance at Sep. 30, 2021 37,342,000       $ 63,000       $ 0   136,906,000     (101,475,000)   1,848,000
Beginning balance (in shares) at Mar. 31, 2021         51,742,000         420,000            
Beginning balance at Mar. 31, 2021 19,268,000       $ 52,000         $ 0 106,823,000     (89,374,000)   1,767,000
Increase (Decrease) in Stockholders' Equity                                
Exercise of options/B1 warrants (in shares)         505,000   157,000                  
Exercise of options/ B1 warrants 229,000   1,634,000   $ 0           229,000 1,634,000        
Exercise of options to common- unissued 475,000                   475,000          
Leverage Lubricants contribution (13,000)                             (13,000)
Exercise of B1 warrants-unissued 1,186,000                   1,186,000          
Share based compensation expense 205,000                   205,000          
Conversion of Series A Preferred stock to common (in shares)           28,000       (28,000)            
Conversion of Series A Preferred stock to common   $ 0                            
Conversion of Series B Preferred stock to common (in shares)               1,842,000                
Conversion of Series B Preferred stock to common       5,709,000       $ 2,000         5,707,000      
Conversion of Series B Preferred stock to common-unissued       760,000                 $ 760,000      
Conversion of Series B1 Preferred stock to common (in shares)             5,635,000                  
Conversion of Series B1 Preferred stock to common     8,791,000       $ 6,000         8,785,000        
Accretion of discount on Series B and B1 (284,000)                         (284,000)    
Accretion of redeemable non-controlling interest to redemption value (387,000)                         (387,000)    
Net income (loss) (15,957,000)                         (19,375,000)   3,418,000
Less: amount attributable to redeemable non-controlling interest (3,113,000)                             (3,113,000)
Ending balance (in shares) at Jun. 30, 2021         59,909,000         392,000            
Ending balance at Jun. 30, 2021 18,503,000       $ 60,000         $ 0 125,804,000     (109,420,000)   2,059,000
Increase (Decrease) in Stockholders' Equity                                
Exercise of options/B1 warrants (in shares)         1,267,000   1,576,000                  
Exercise of options/ B1 warrants 1,482,000   9,363,000   $ 1,000   $ 2,000       1,481,000 9,361,000        
Exercise of options to common- unissued 3,000                   3,000          
Distribution to noncontrolling shareholder (169,000)                             (169,000)
Leverage Lubricants contribution 2,000                             2,000
Share based compensation expense 257,000                   257,000          
Conversion of Series A Preferred stock to common (in shares)           6,000   245,000   (6,000)            
Conversion of Series A Preferred stock to common   0   $ 0                        
Accretion of redeemable non-controlling interest to redemption value (415,000)                         (415,000)    
Net income (loss) 10,645,000                         8,360,000   2,285,000
Less: amount attributable to redeemable non-controlling interest (2,329,000)                             (2,329,000)
Ending balance (in shares) at Sep. 30, 2021         63,003,000       386,000              
Ending balance at Sep. 30, 2021 37,342,000       $ 63,000       $ 0   136,906,000     (101,475,000)   1,848,000
Beginning balance (in shares) at Dec. 31, 2021         63,288,000         386,000            
Beginning balance at Dec. 31, 2021 30,066,000       $ 63,000         $ 0 138,620,000     (110,614,000)   1,997,000
Increase (Decrease) in Stockholders' Equity                                
Exercise of options/B1 warrants (in shares)         60,000   1,113,000                  
Exercise of options/ B1 warrants 76,000   0       $ 1,000       76,000 (1,000)        
Share based compensation expense 250,000                   250,000          
Conversion of Series A Preferred stock to common (in shares)           5,000       (5,000)            
Conversion of Series A Preferred stock to common   0                            
Reclassification of derivative liabilities 78,789,000                   78,789,000          
Accretion of redeemable non-controlling interest to redemption value (422,000)                         (422,000)    
Net income (loss) (808,000)                         (4,547,000)   3,739,000
Less: amount attributable to redeemable non-controlling interest (3,769,000)                             (3,769,000)
Ending balance (in shares) at Mar. 31, 2022         64,466,000         381,000            
Ending balance at Mar. 31, 2022 104,182,000       $ 64,000         $ 0 217,734,000     (115,583,000)   1,967,000
Beginning balance (in shares) at Dec. 31, 2021         63,288,000         386,000            
Beginning balance at Dec. 31, 2021 30,066,000       $ 63,000         $ 0 138,620,000     (110,614,000)   1,997,000
Increase (Decrease) in Stockholders' Equity                                
Exercise of options/B1 warrants (in shares)         561,317                      
Conversion of Series A Preferred stock to common (in shares)         10,165,149                      
Conversion of Series A Preferred stock to common         $ 59,822,000                      
Net income (loss) (42,421,000)                              
Ending balance (in shares) at Sep. 30, 2022         75,610,000         0            
Ending balance at Sep. 30, 2022 120,340,000       $ 76,000         $ 0 278,930,000     (160,354,000)   1,688,000
Beginning balance (in shares) at Mar. 31, 2022         64,466,000         381,000            
Beginning balance at Mar. 31, 2022 104,182,000       $ 64,000         $ 0 217,734,000     (115,583,000)   1,967,000
Increase (Decrease) in Stockholders' Equity                                
Exercise of options/B1 warrants (in shares)         498,000                      
Exercise of options/ B1 warrants 554,000       $ 1,000           553,000          
Exercise of options to common- unissued 3,000                   3,000          
Distribution to noncontrolling shareholder (380,000)                             (380,000)
Adjustment of redeemable non controlling interest 0                   29,000     (29,000)    
Share based compensation expense 324,000                   324,000          
Conversion of Series A Preferred stock to common (in shares)         10,165,000 381,000       (381,000)            
Conversion of Series A Preferred stock to common 59,822,000 $ 1,000     $ 10,000 $ 1,000         59,812,000          
Accretion of redeemable non-controlling interest to redemption value (6,000)                         (6,000)    
Net income (loss) (63,782,000)                         (66,970,000)   3,188,000
Less: amount attributable to redeemable non-controlling interest (3,023,000)                             (3,023,000)
Ending balance (in shares) at Jun. 30, 2022         75,510,000         0            
Ending balance at Jun. 30, 2022 97,695,000       $ 76,000         $ 0 278,455,000     (182,588,000)   1,752,000
Increase (Decrease) in Stockholders' Equity                                
Exercise of options/B1 warrants (in shares)         4,000   96,000                  
Exercise of options/ B1 warrants 0   $ 0   $ 0   $ 0       0 $ 0        
Exercise of options to common- unissued 97,000                   97,000          
Share based compensation expense 378,000                   378,000          
Net income (loss) 22,170,000                         22,234,000   (64,000)
Ending balance (in shares) at Sep. 30, 2022         75,610,000         0            
Ending balance at Sep. 30, 2022 $ 120,340,000       $ 76,000         $ 0 $ 278,930,000     $ (160,354,000)   $ 1,688,000