Nuverra Environmental Solutions, Inc. (NES) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
11111 KATY FREEWAY HOUSTON, TX 77079 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,374 | 10,578 | 13,469 | 15,793 | 9,888 | ||||
| Cash and cash equivalents | 7,374 | 10,578 | 13,469 | 15,793 | 9,888 | ||||
| Receivables | 15,270 | 16,788 | 15,955 | 16,881 | 22,703 | ||||
| Inventory, net of allowances, customer advances and progress billings | 2,881 | 2,893 | 2,846 | 2,937 | 3,045 | ||||
| Inventory | 2,881 | 2,893 | 2,846 | 2,937 | 3,045 | ||||
| Asset, held-for-sale, not part of disposal group | 778 | 778 | 778 | 778 | 2,013 | ||||
| Other current assets | 46 | ||||||||
| Other undisclosed current assets | 5,744 | 5,428 | 3,405 | 2,882 | 3,644 | ||||
| Total current assets: | 32,047 | 36,465 | 36,453 | 39,271 | 41,339 | ||||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 5,093 | 5,618 | 6,667 | 7,057 | 7,470 | ||||
| Operating lease, right-of-use asset | 1,526 | 1,609 | 1,762 | 2,007 | 2,446 | ||||
| Long-term investments and receivables | 35 | 35 | 35 | ||||||
| Long-term investments | 35 | 35 | 35 | ||||||
| Intangible assets, net (including goodwill) | 168 | 182 | 303 | 407 | 526 | ||||
| Intangible assets, net (excluding goodwill) | 168 | 182 | 303 | 407 | 526 | ||||
| Regulated entity, other noncurrent assets | 13 | 54 | |||||||
| Other noncurrent assets | 86 | 88 | 109 | 129 | 149 | ||||
| Other undisclosed noncurrent assets | 135,612 | 140,036 | 150,607 | 156,400 | 162,435 | ||||
| Total noncurrent assets: | 142,485 | 147,533 | 159,483 | 166,048 | 173,115 | ||||
| TOTAL ASSETS: | 174,532 | 183,998 | 195,936 | 205,319 | 214,454 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14,468 | 15,750 | 13,647 | 12,516 | 18,006 | ||||
| Accounts payable | 4,851 | 6,412 | 4,008 | 3,811 | 6,098 | ||||
| Accrued liabilities | 9,617 | 9,338 | 9,639 | 8,705 | 11,908 | ||||
| Debt | 2,269 | 2,338 | 6,153 | 8,553 | 19,871 | ||||
| Total current liabilities: | 16,737 | 18,088 | 19,800 | 21,069 | 37,877 | ||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 26,740 | 31,207 | 27,882 | 29,328 | 15,344 | ||||
| Finance lease, liability | 5,445 | 5,800 | 6,516 | 6,764 | 6,910 | ||||
| Other undisclosed long-term debt and lease obligation | 20,036 | 24,104 | 19,950 | 21,070 | 7,047 | ||||
| Liabilities, other than long-term debt | 8,784 | 8,804 | 8,459 | 8,248 | 8,209 | ||||
| Asset retirement obligations | 8,164 | 8,184 | |||||||
| Deferred income tax liabilities | 120 | 120 | 131 | 131 | 90 | ||||
| Other liabilities | 7,828 | 7,617 | 7,619 | ||||||
| Operating lease, liability | 1,259 | 1,303 | 1,416 | 1,494 | 1,387 | ||||
| Business combination, contingent consideration, liability | 500 | 500 | 500 | 500 | 500 | ||||
| Other undisclosed noncurrent liabilities | 1,259 | 1,303 | 1,416 | 1,494 | 1,387 | ||||
| Total noncurrent liabilities: | 36,783 | 41,314 | 37,757 | 39,070 | 24,940 | ||||
| Total liabilities: | 53,520 | 59,402 | 57,557 | 60,139 | 62,817 | ||||
| Equity | |||||||||
| Equity, attributable to parent | 121,012 | 124,596 | 138,379 | 145,180 | 151,637 | ||||
| Common stock | 161 | 161 | 158 | 158 | 158 | ||||
| Treasury stock, value | (813) | (694) | (477) | (477) | (477) | ||||
| Additional paid in capital | 340,185 | 339,793 | 338,564 | 338,240 | 337,918 | ||||
| Accumulated deficit | (218,521) | (214,664) | (199,866) | (192,741) | (185,962) | ||||
| Total equity: | 121,012 | 124,596 | 138,379 | 145,180 | 151,637 | ||||
| TOTAL LIABILITIES AND EQUITY: | 174,532 | 183,998 | 195,936 | 205,319 | 214,454 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 24,774 | 23,665 | (86,204) | 23,796 | 24,466 | 37,942 | ||
| Cost of revenue | (21,437) | (20,981) | (19,022) | (18,551) | (31,576) | |||
| Cost of goods and services sold | (21,437) | (20,981) | (19,022) | (18,551) | (31,476) | |||
| Gross profit: | 3,337 | 2,684 | 4,774 | 5,915 | 6,366 | |||
| Operating expenses | (10,578) | (9,597) | (10,905) | (11,601) | (28,392) | |||
| Operating loss: | (7,241) | (6,913) | (6,131) | (5,686) | (22,026) | |||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 4,025 | (4) | 20 | 38 | 142 | |||
| Interest and debt expense | (123) | (127) | (137) | (140) | (148) | |||
| Loss from continuing operations before equity method investments, income taxes: | (3,339) | (7,044) | (6,248) | (5,788) | (22,032) | |||
| Other undisclosed loss from continuing operations before income taxes | (518) | (559) | (877) | (976) | (1,012) | |||
| Loss from continuing operations before income taxes: | (3,857) | (7,603) | (7,125) | (6,764) | (23,044) | |||
| Income tax expense | (15) | |||||||
| Loss from continuing operations: | (3,857) | (7,603) | (7,125) | (6,779) | (23,044) | |||
| Loss before gain (loss) on sale of properties: | (3,857) | (7,603) | ✕ | (7,125) | (6,779) | (23,044) | ||
| Net loss available to common stockholders, diluted: | (3,857) | (7,603) | (7,125) | (6,779) | (23,044) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,857) | (7,603) | (7,125) | (6,779) | (23,044) | |||
| Comprehensive loss, net of tax, attributable to parent: | (3,857) | (7,603) | (7,125) | (6,779) | (23,044) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.