10-Q Filing

LIME ENERGY CO. CIK: 1065860 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-062325`
Period End Date	20130331
Filing Date	20130809
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	lime-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 32 Cash Flow Statement 57 Stockholders Equity 7

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.44M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.15M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.04M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.68M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$500.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.15M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.04M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$500.00K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$9.92M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$9.24M	USD	Point-in-time
Inventories	`InventoryNet`	$17.00K	USD	Point-in-time
Inventories	`InventoryNet`	$17.00K	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$3.69M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$4.45M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$504.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$509.00K	USD	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.31M	USD	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$10.89M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$20.47M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$27.91M	USD	Point-in-time
Net Property and Equipment	`PropertyPlantAndEquipmentNet`	$5.33M	USD	Point-in-time
Net Property and Equipment	`PropertyPlantAndEquipmentNet`	$5.22M	USD	Point-in-time
Long-Term Receivables	`LongTermAccountsNotesAndLoansReceivableNetNoncurrent`	$214.00K	USD	Point-in-time
Long-Term Receivables	`LongTermAccountsNotesAndLoansReceivableNetNoncurrent`	$311.00K	USD	Point-in-time
Deferred Financing Costs, Net	`DeferredFinanceCostsNoncurrentNet`	$199.00K	USD	Point-in-time
Deferred Financing Costs, Net	`DeferredFinanceCostsNoncurrentNet`	$212.00K	USD	Point-in-time
Long-term Assets of Discontinued Operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$5.58M	USD	Point-in-time
Long-term Assets of Discontinued Operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$40.00K	USD	Point-in-time
Intangibles, Net	`IntangibleAssetsNetExcludingGoodwill`	$10.00K	USD	Point-in-time
Intangibles, Net	`IntangibleAssetsNetExcludingGoodwill`	$4.00K	USD	Point-in-time
Goodwill	`Goodwill`	$6.01M	USD	Point-in-time
Goodwill	`Goodwill`	$6.01M	USD	Point-in-time
Total Assets	`Assets`	$45.16M	USD	Point-in-time
Total Assets	`Assets`	$32.36M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.40M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.52M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.24M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCost`	$1.51M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCost`	$1.89M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$71.00K	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$41.00K	USD	Point-in-time
Other current liabilities	`AccountsPayableTradeCurrent`	$2.03M	USD	Point-in-time
Other current liabilities	`AccountsPayableTradeCurrent`	$2.62M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.19M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$12.52M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$27.84M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$22.35M	USD	Point-in-time
Long-Term Debt, less current maturities	`LongTermDebtNoncurrent`	$4.81M	USD	Point-in-time
Long-Term Debt, less current maturities	`LongTermDebtNoncurrent`	$4.75M	USD	Point-in-time
Other Long-Term Liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$2.40M	USD	Point-in-time
Other Long-Term Liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$3.24M	USD	Point-in-time
Long-Term Liabilities of Discontinued Operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$5.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$29.56M	USD	Point-in-time
Total Liabilities	`Liabilities`	$35.84M	USD	Point-in-time
Common stock, $.0001 par value; 50,000,000 shares authorized 25,152,693 and 25,036,719 issued and outstanding as of March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $.0001 par value; 50,000,000 shares authorized 25,152,693 and 25,036,719 issued and outstanding as of March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$191.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$191.59M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-188.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-182.09M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$9.32M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$2.80M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$45.16M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$32.36M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$12.00M	USD	1 Quarter
Revenue	`Revenues`	$11.53M	USD	1 Quarter
Cost of sales	`CostOfServicesEnergyServices`	$9.38M	USD	1 Quarter
Cost of sales	`CostOfServicesEnergyServices`	$9.47M	USD	1 Quarter
Gross Profit	`GrossProfit`	$2.62M	USD	1 Quarter
Gross Profit	`GrossProfit`	$2.05M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.32M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.24M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$70.00K	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$6.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.62M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.34M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$14.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$25.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$318.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$77.00K	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-52.00K	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-304.00K	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperations`	$-3.93M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperations`	$-3.39M	USD	1 Quarter
Loss from operation of discontinued business (Note 8)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-2.78M	USD	1 Quarter
Loss from operation of discontinued business (Note 8)	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-795.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.19M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.71M	USD	1 Quarter
Basic and diluted loss per common share from Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.16	USD	1 Quarter
Basic and diluted loss per common share from Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.14	USD	1 Quarter
Basic and diluted loss per common share from Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$-0.11	USD	1 Quarter
Basic and diluted loss per common share from Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$-0.03	USD	1 Quarter
Basic and Diluted Loss Per Common Share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.17	USD	1 Quarter
Basic and Diluted Loss Per Common Share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.27	USD	1 Quarter
Weighted Average Common Shares Outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.16M	shares	1 Quarter
Weighted Average Common Shares Outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.97M	shares	1 Quarter

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.19M	USD	1 Quarter
Net Loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.71M	USD	1 Quarter
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$40.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$182.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$553.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$450.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$268.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$26.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$17.00K	USD	1 Quarter
Amortization of original issue discount	`AmortizationOfDebtDiscountPremium`	$66.00K	USD	1 Quarter
Issuance of stock in exchange for services received	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$20.00K	USD	1 Quarter
Loss on disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-13.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-575.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.92M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$11.00K	USD	1 Quarter
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInCostsAndEstimatedEarningsInExcessOfBillingsOnUncompletedContracts`	$750.00K	USD	1 Quarter
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInCostsAndEstimatedEarningsInExcessOfBillingsOnUncompletedContracts`	$761.00K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-183.00K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.00K	USD	1 Quarter
Assets of discontinued operations	`IncreaseDecreaseInAssetsOfDiscontinuedOperations`	$-1.25M	USD	1 Quarter
Assets of discontinued operations	`IncreaseDecreaseInAssetsOfDiscontinuedOperations`	$206.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.42M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.81M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.61M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$457.00K	USD	1 Quarter
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-1.21M	USD	1 Quarter
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$388.00K	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-8.00K	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-227.00K	USD	1 Quarter
Liabilities of discontinued operations	`IncreaseDecreaseInLiabilitiesOfDiscontinuedOperations`	$-784.00K	USD	1 Quarter
Liabilities of discontinued operations	`IncreaseDecreaseInLiabilitiesOfDiscontinuedOperations`	$475.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.40M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.58M	USD	1 Quarter
Proceeds from sale of ESCO business	`ProceedsFromDivestitureOfBusinesses`	$1.86M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$187.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$234.00K	USD	1 Quarter
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.67M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-233.00K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$63.00K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$47.00K	USD	1 Quarter
Proceeds from issuance of shares for benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$80.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.00K	USD	1 Quarter
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$45.00K	USD	1 Quarter
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.61M	USD	1 Quarter
Cash and Cash Equivalents, at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.44M	USD	Point-in-time
Cash and Cash Equivalents, at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.39M	USD	Point-in-time
Cash and Cash Equivalents, at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.29M	USD	Point-in-time
Cash and Cash Equivalents, at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.68M	USD	Point-in-time
Cash and Cash Equivalents, at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.44M	USD	Point-in-time
Cash and Cash Equivalents, at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.39M	USD	Point-in-time
Cash and Cash Equivalents, at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.29M	USD	Point-in-time
Cash and Cash Equivalents, at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.68M	USD	Point-in-time
Continuing operations	`InterestPaid`	$50.00K	USD	1 Quarter
Continuing operations	`InterestPaid`	$54.00K	USD	1 Quarter
Discontinued operations	`InterestPaidDiscontinuedOperations`	$1.00K	USD	1 Quarter

Stockholders Equity 7 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$9.32M	USD	Point-in-time
Balance	`StockholdersEquity`	$2.80M	USD	Point-in-time
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$182.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.19M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.71M	USD	1 Quarter
Balance	`StockholdersEquity`	$9.32M	USD	Point-in-time
Balance	`StockholdersEquity`	$2.80M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.