midwest energy emissions corp. delivers patented, cost-effective mercury capture solutions to coal-fired power plants and other large industrial coal-burning units. the company’s proprietary technology delivers a flexible, tunable solution that allows the global coal-power industry to comply with new, highly restrictive regulations on mercury air emissions with the least disruption to their current equipment and on-going operations, while preserving the ability to re-cycle fly-ash for beneficial use. with a strong focus on continuous innovation and industry foresight, our vision is to deliver leading-edge, cost-effective solutions for mercury emission control to utility boilers around the world.
Company profile
Ticker
MEEC
Exchange
Website
CEO
Richard A. MacPherson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Thermo Fisher Scientific • Rockwell Automation • Trimble • Cubic • MTS Systems • Faro • Geospace Technologies • Onto Innovation • Owlet • 908 Devices ...
Former names
China Youth Media, Inc., DIGICORP, DIGICORP, INC.
SEC CIK
Corporate docs
IRS number
870398271
MEEC stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
20 Nov 23
NT 10-Q
Notice of late quarterly filing
14 Nov 23
8-K
ME2C Environmental Settles Patent Litigation with Certain Defendants
14 Nov 23
8-K
Departure of Directors or Certain Officers
7 Nov 23
ARS
2022 FY
Annual report to shareholders
6 Nov 23
DEF 14A
Definitive proxy
3 Nov 23
8-K
Departure of Directors or Certain Officers
16 Oct 23
8-K
Shareholder Nominations Pursuant to Exchange Act Rule 14a-11
15 Sep 23
8-K
Changes in Registrant's Certifying Accountant
14 Sep 23
10-Q
2023 Q2
Quarterly report
16 Aug 23
Transcripts
MEEC
Earnings call transcript
2022 Q4
17 Apr 23
MEEC
Earnings call transcript
2022 Q3
15 Nov 22
MEEC
Earnings call transcript
2022 Q2
17 Aug 22
MEEC
Earnings call transcript
2021 Q4
6 Apr 22
MEEC
Earnings call transcript
2021 Q3
16 Nov 21
MEEC
Earnings call transcript
2021 Q2
17 Aug 21
MEEC
Earnings call transcript
2021 Q1
18 May 21
MEEC
Earnings call transcript
2018 Q4
11 Apr 19
MEEC
Earnings call transcript
2018 Q3
13 Nov 18
MEEC
Earnings call transcript
2018 Q2
14 Aug 18
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 2.50 mm | 2.50 mm | 2.50 mm | 2.50 mm | 2.50 mm | 2.50 mm |
| Cash burn (monthly) | (no burn) | (no burn) | 275.83 k | 303.91 k | (no burn) | (no burn) |
| Cash used (since last report) | n/a | n/a | 595.91 k | 656.55 k | n/a | n/a |
| Cash remaining | n/a | n/a | 1.90 mm | 1.84 mm | n/a | n/a |
| Runway (months of cash) | n/a | n/a | 6.9 | 6.1 | n/a | n/a |
Institutional ownership, Q3 2019
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 0.00 |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Nov 23 | Pavlish John | Common Stock | Payment of exercise | Dispose F | No | No | 0.9768 | 4,646 | 4.54 k | 1,086,965 |
| 30 Nov 23 | Pavlish John | Common Stock | Option exercise | Acquire M | No | No | 0.33 | 13,750 | 4.54 k | 1,091,611 |
| 30 Nov 23 | Pavlish John | Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.33 | 13,750 | 4.54 k | 0 |
| 30 Nov 23 | Kaye David M | Common Stock | Payment of exercise | Dispose F | No | No | 0.9768 | 2,112 | 2.06 k | 270,684 |
| 30 Nov 23 | Kaye David M | Common Stock | Option exercise | Acquire M | No | No | 0.33 | 6,250 | 2.06 k | 272,796 |
| 30 Nov 23 | Kaye David M | Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.33 | 6,250 | 2.06 k | 0 |
| 31 Oct 23 | MacPherson Richard | Common Stock | Payment of exercise | Dispose F | No | No | 0.4058 | 8,112 | 3.29 k | 11,817,947 |
| 31 Oct 23 | MacPherson Richard | Common Stock | Option exercise | Acquire M | No | No | 0.2 | 16,458 | 3.29 k | 11,826,059 |
| 31 Oct 23 | MacPherson Richard | Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.2 | 16,458 | 3.29 k | 0 |
| 31 Oct 23 | Pavlish John | Common Stock | Payment of exercise | Dispose F | No | No | 0.4058 | 6,777 | 2.75 k | 1,077,861 |