10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001421461-17-000014 |
| Period End Date | 20170331 |
| Filing Date | 20170502 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | ipi-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 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
|
400.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
126.00M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
75.84M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$20.77M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.46M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.31M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$24.42M | USD | Point-in-time |
| Trade, net |
AccountsReceivableNetCurrent
|
$10.34M | USD | Point-in-time |
| Trade, net |
AccountsReceivableNetCurrent
|
$19.12M | USD | Point-in-time |
| Other receivables, net |
OtherReceivablesNetCurrent
|
$492.00K | USD | Point-in-time |
| Other receivables, net |
OtherReceivablesNetCurrent
|
$892.00K | USD | Point-in-time |
| Refundable income taxes |
IncomeTaxesReceivable
|
$1.38M | USD | Point-in-time |
| Refundable income taxes |
IncomeTaxesReceivable
|
$1.38M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$86.19M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$94.36M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$12.71M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$8.32M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$136.68M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$123.74M | USD | Point-in-time |
| Property, plant and equipment, and mineral properties, net |
PropertyPlantAndEquipmentNet
|
$374.29M | USD | Point-in-time |
| Property, plant and equipment, and mineral properties, net |
PropertyPlantAndEquipmentNet
|
$388.49M | USD | Point-in-time |
| Long-term parts inventory, net |
LongTermPartsInventoryNoncurrent
|
$21.04M | USD | Point-in-time |
| Long-term parts inventory, net |
LongTermPartsInventoryNoncurrent
|
$23.73M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$4.38M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$7.63M | USD | Point-in-time |
| Total Assets |
Assets
|
$539.08M | USD | Point-in-time |
| Total Assets |
Assets
|
$540.90M | USD | Point-in-time |
| Trade |
AccountsPayableTradeCurrent
|
$8.98M | USD | Point-in-time |
| Trade |
AccountsPayableTradeCurrent
|
$10.21M | USD | Point-in-time |
| Related parties |
AccountsPayableRelatedPartiesCurrent
|
$28.00K | USD | Point-in-time |
| Related parties |
AccountsPayableRelatedPartiesCurrent
|
$31.00K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$8.69M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$10.74M | USD | Point-in-time |
| Accrued employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$2.76M | USD | Point-in-time |
| Accrued employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$4.22M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$145.00K | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$964.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$24.12M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$22.66M | USD | Point-in-time |
| Long-term debt, net |
LongTermDebtNoncurrent
|
$133.43M | USD | Point-in-time |
| Long-term debt, net |
LongTermDebtNoncurrent
|
$88.02M | USD | Point-in-time |
| Asset retirement obligation |
AssetRetirementObligationsNoncurrent
|
$20.36M | USD | Point-in-time |
| Asset retirement obligation |
AssetRetirementObligationsNoncurrent
|
$19.98M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$131.04M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$177.53M | USD | Point-in-time |
| Commitments and Contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.001 par value; 400,000,000 shares authorized; 125,995,330 and 75,839,998 shares outstanding at March 31, 2017, and December 31, 2016, respectively |
CommonStockValue
|
$126.00K | USD | Point-in-time |
| Common stock, $0.001 par value; 400,000,000 shares authorized; 125,995,330 and 75,839,998 shares outstanding at March 31, 2017, and December 31, 2016, respectively |
CommonStockValue
|
$76.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$642.07M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$583.65M | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-220.36M | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-234.16M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$408.04M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$363.37M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$540.90M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$539.08M | USD | Point-in-time |
Income Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
RevenueMineralSales
|
$48.33M | USD | 1 Quarter |
| Sales |
RevenueMineralSales
|
$73.28M | USD | 1 Quarter |
| Freight costs |
FreightCosts
|
$8.72M | USD | 1 Quarter |
| Freight costs |
FreightCosts
|
$10.33M | USD | 1 Quarter |
| Warehousing and handling costs |
WarehousingAndHandlingCosts
|
$2.77M | USD | 1 Quarter |
| Warehousing and handling costs |
WarehousingAndHandlingCosts
|
$2.66M | USD | 1 Quarter |
| Cost of goods sold |
MineralExtractionProcessingAndMarketingCosts
|
$59.78M | USD | 1 Quarter |
| Cost of goods sold |
MineralExtractionProcessingAndMarketingCosts
|
$35.87M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$3.82M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$9.01M | USD | 1 Quarter |
| Costs associated with abnormal production and other |
ProductionRelatedImpairmentsOrCharges
|
$650.00K | USD | 1 Quarter |
| Costs associated with abnormal production and other |
ProductionRelatedImpairmentsOrCharges
|
- | USD | 1 Quarter |
| Gross Deficit |
GrossProfit
|
$-9.15M | USD | 1 Quarter |
| Gross Deficit |
GrossProfit
|
$-2.86M | USD | 1 Quarter |
| Selling and administrative |
SellingGeneralAndAdministrativeExpense
|
$4.40M | USD | 1 Quarter |
| Selling and administrative |
SellingGeneralAndAdministrativeExpense
|
$6.57M | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$442.00K | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$389.00K | USD | 1 Quarter |
| Restructuring expense |
RestructuringCharges
|
- | USD | 1 Quarter |
| Restructuring expense |
RestructuringCharges
|
$400.00K | USD | 1 Quarter |
| Care and maintenance expense |
OperatingCostsAndExpenses
|
$692.00K | USD | 1 Quarter |
| Care and maintenance expense |
OperatingCostsAndExpenses
|
- | USD | 1 Quarter |
| Other operating expense (income) |
OtherOperatingIncomeExpenseNet
|
$-1.65M | USD | 1 Quarter |
| Other operating expense (income) |
OtherOperatingIncomeExpenseNet
|
$104.00K | USD | 1 Quarter |
| Operating Loss |
OperatingIncomeLoss
|
$-9.99M | USD | 1 Quarter |
| Operating Loss |
OperatingIncomeLoss
|
$-16.46M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$4.42M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$2.23M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$123.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$3.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$142.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$736.00K | USD | 1 Quarter |
| Loss Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-18.43M | USD | 1 Quarter |
| Loss Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-13.67M | USD | 1 Quarter |
| Income Tax (Expense) |
IncomeTaxExpenseBenefit
|
$5.00K | USD | 1 Quarter |
| Income Tax (Expense) |
IncomeTaxExpenseBenefit
|
$2.00K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-13.68M | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-18.43M | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
81.99M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
75.76M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
81.99M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
75.76M | shares | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.24 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.17 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.24 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.17 | USD | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-13.68M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-18.43M | USD | 1 Quarter |
| Depreciation, depletion and accretion |
DepreciationDepletionAndAmortization
|
$14.37M | USD | 1 Quarter |
| Depreciation, depletion and accretion |
DepreciationDepletionAndAmortization
|
$9.32M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$821.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$783.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$989.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.05M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$9.01M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$3.82M | USD | 1 Quarter |
| Loss (gain) on disposal of assets |
GainLossOnDispositionOfAssets1
|
$15.00K | USD | 1 Quarter |
| Loss (gain) on disposal of assets |
GainLossOnDispositionOfAssets1
|
$-1.56M | USD | 1 Quarter |
| Allowance for parts inventory obsolescence |
ReserveForObsolescence
|
- | USD | 1 Quarter |
| Allowance for parts inventory obsolescence |
ReserveForObsolescence
|
$532.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-3.01M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-258.00K | USD | 1 Quarter |
| Trade accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$14.69M | USD | 1 Quarter |
| Trade accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$8.78M | USD | 1 Quarter |
| Other receivables, net |
IncreaseDecreaseInOtherReceivables
|
$399.00K | USD | 1 Quarter |
| Other receivables, net |
IncreaseDecreaseInOtherReceivables
|
$191.00K | USD | 1 Quarter |
| Refundable income taxes |
IncreaseDecreaseInIncomeTaxesReceivable
|
$5.00K | USD | 1 Quarter |
| Refundable income taxes |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-40.00K | USD | 1 Quarter |
| Inventory, net |
IncreaseDecreaseInInventories
|
$7.75M | USD | 1 Quarter |
| Inventory, net |
IncreaseDecreaseInInventories
|
$-1.64M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-7.30M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-4.39M | USD | 1 Quarter |
| Accounts payable, accrued liabilities, and accrued employee compensation and benefits |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$6.60M | USD | 1 Quarter |
| Accounts payable, accrued liabilities, and accrued employee compensation and benefits |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-65.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$40.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-819.00K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$1.82M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-1.09M | USD | 1 Quarter |
| Additions to property, plant, equipment, and mineral properties |
PaymentsToAcquireProductiveAssets
|
$6.02M | USD | 1 Quarter |
| Additions to property, plant, equipment, and mineral properties |
PaymentsToAcquireProductiveAssets
|
$2.42M | USD | 1 Quarter |
| Proceeds from sale of property, plant, equipment, and mineral properties |
ProceedsFromSaleOfProductiveAssets
|
- | USD | 1 Quarter |
| Proceeds from sale of property, plant, equipment, and mineral properties |
ProceedsFromSaleOfProductiveAssets
|
$5.55M | USD | 1 Quarter |
| Proceeds from sale of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$23.63M | USD | 1 Quarter |
| Proceeds from sale of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$1.00K | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$3.13M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$17.62M | USD | 1 Quarter |
| Issuance of common stock, net of transaction expenses |
ProceedsFromIssuanceOfCommonStock
|
$57.47M | USD | 1 Quarter |
| Issuance of common stock, net of transaction expenses |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Repayments of long-term debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Repayments of long-term debt |
RepaymentsOfLongTermDebt
|
$46.00M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$1.24M | USD | 1 Quarter |
| Employee tax withholding paid for restricted stock upon vesting |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$172.00K | USD | 1 Quarter |
| Employee tax withholding paid for restricted stock upon vesting |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$109.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-1.41M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$11.36M | USD | 1 Quarter |
| Net Change in Cash and Cash Equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$16.31M | USD | 1 Quarter |
| Net Change in Cash and Cash Equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$15.12M | USD | 1 Quarter |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$20.77M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.46M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.31M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.42M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.46M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$20.77M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.31M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.42M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$134.00K | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$2.47M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$-38.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$10.00K | USD | 1 Quarter |
| Accrued purchases for property, plant, equipment, and mineral properties |
CapitalExpendituresIncurredButNotYetPaid
|
$2.00M | USD | 1 Quarter |
| Accrued purchases for property, plant, equipment, and mineral properties |
CapitalExpendituresIncurredButNotYetPaid
|
$214.00K | USD | 1 Quarter |
Stockholders Equity
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$408.04M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$363.37M | USD | Point-in-time |
| Issuance of common stock (shares) |
StockIssuedDuringPeriodSharesNewIssues
|
50.10M | shares | Point-in-time |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$57.47M | USD | 1 Quarter |
| Net change in other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
- | USD | 1 Quarter |
| Net change in other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$30.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-13.68M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-18.43M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$989.00K | USD | 1 Quarter |
| Adjustments Related to Tax Withholding for Share-based Compensation |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$109.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$408.04M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$363.37M | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-13.68M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-18.43M | USD | 1 Quarter |
| Net change in unrealized gain (loss) on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$30.00K | USD | 1 Quarter |
| Net change in unrealized gain (loss) on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
- | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
- | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$30.00K | USD | 1 Quarter |
| Comprehensive Loss |
ComprehensiveIncomeNetOfTax
|
$-13.68M | USD | 1 Quarter |
| Comprehensive Loss |
ComprehensiveIncomeNetOfTax
|
$-18.40M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.