Hudson Technologies, Inc.

HDSN

HDSNHudson Technologies, Inc. US flag

NASDAQ Capital Market

5.80

USD

+0.02

- -

243.79MMarket Cap

Income Statement (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	44	56	59	56	80	105	140	167	162	148	193	325	289	237	247
+ Sales & Services Revenue	44	56	59	56	80	105	140	167	162	148	193	325	289	237	247
- Cost of Revenue	36	34	59	49	61	74	102	174	145	112	121	162	178	171	185
+ Cost of Goods & Services	36	34	59	49	61	74	102	174	145	112	121	162	178	171	185
Gross Profit	9	23	-1	6	18	31	38	-7	17	35	72	163	112	66	62
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	6	8	8	7	10	12	23	35	33	30	29	31	33	36	44
+ Selling, General & Admin	6	8	8	7	10	12	22	32	30	27	27	29	31	33	40
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	1	- -	1	3	3	3	3	3	3	3	3
Operating Income (Loss)	3	15	-8	-1	8	19	15	-43	-16	6	42	132	78	29	19
- Non-Operating (Income) Loss	1	1	1	1	- -	2	3	15	10	11	9	14	8	-3	-4
+ Interest Expense, Net	1	1	1	1	1	1	3	15	19	12	11	14	8	- -	- -
+ Interest Expense	1	1	1	1	1	1	3	15	19	12	11	14	8	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	1	- -	- -	-9	-1	-2	- -	- -	-2	-4
Pretax Income	2	14	-9	-2	8	17	12	-57	-25	-5	33	117	70	32	23
- Income Tax Expense (Benefit)	1	1	-4	-1	3	7	1	-2	1	- -	1	13	18	8	6
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1	13	-6	-1	5	11	11	-56	-26	-5	32	104	52	24	17
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	1	13	-6	-1	5	11	11	-56	-26	-5	32	104	52	24	17
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	1	13	-6	-1	5	11	11	-56	-26	-5	32	104	52	24	17
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1	13	-6	-1	5	11	11	-56	-26	-5	32	104	52	24	17
EBIT	3	15	-8	-1	8	19	15	-43	-16	6	42	132	78	29	19
EBITDA	3	15	-8	- -	10	21	19	-35	-9	12	48	137	84	36	25
EBITDA Margin (%)	6.83	27.35	-13.09	-0.01	12.86	20.07	13.19	-21.3	-5.35	8.13	25.15	42.27	29.05	15.05	9.95
EBITA	3	15	-8	-1	8	19	15	-43	-16	6	42	132	78	29	19
Gross Margin (%)	19.6	39.93	-1.25	11.55	23.19	29.47	27.06	-4.42	10.59	23.99	37.18	50.09	38.58	27.71	25.18
Operating Margin (%)	5.7	26.36	-14.47	-1.76	10.26	17.96	10.78	-25.59	-9.74	4	21.95	40.44	27.05	12.36	7.53
Profit Margin (%)	2.33	22.68	-9.96	-1.29	5.97	10.08	7.95	-33.42	-16.01	-3.53	16.74	31.92	18.08	10.29	6.76
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	1	1	1	2	2	3	7	7	6	6	6	6	6	6
Basic Weighted Avg Shares	24	24	25	29	33	34	42	42	43	43	44	45	45	45	44
Basic EPS, GAAP	0.04	0.54	-0.24	-0.02	0.15	0.31	0.27	-1.31	-0.61	-0.12	0.74	2.31	1.15	0.54	0.38
Basic EPS from Cont Ops	0.04	0.54	-0.24	-0.02	0.15	0.31	0.27	-1.31	-0.61	-0.12	0.74	2.31	1.15	0.54	0.38
Diluted Weighted Avg Shares	25	26	25	29	34	35	43	42	43	43	47	47	47	47	45
Diluted EPS, GAAP	0.04	0.49	-0.24	-0.02	0.14	0.3	0.26	-1.31	-0.61	-0.12	0.69	2.2	1.1	0.52	0.37
Diluted EPS from Cont Ops	0.04	0.49	-0.24	-0.02	0.14	0.3	0.26	-1.31	-0.61	-0.12	0.69	2.2	1.1	0.52	0.37

Balance Sheet (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	25	47	42	43	69	108	209	124	74	62	120	177	205	196	211
+ Cash, Cash Equivalents & STI	4	4	1	1	1	34	5	2	3	1	3	5	12	70	39
+ Cash & Cash Equivalents	4	4	1	1	1	34	5	2	3	1	3	5	12	70	39
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	2	2	6	4	4	5	24	14	8	10	14	21	31	20	23
+ Accounts Receivable, Net	2	2	4	4	4	5	15	14	8	10	14	21	25	14	17
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	3	- -	- -	- -	10	- -	- -	- -	- -	- -	5	6	6
+ Inventories	18	40	34	37	62	69	172	102	59	44	94	145	154	96	136
+ Raw Materials	6	10	8	8	11	11	174	115	72	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	18	40	34	37	62	69	174	115	59	44	94	145	154	96	136
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	-2	-13	-13	- -	- -	- -	- -	- -	- -
+ Other Inventory	-6	-10	-8	-8	-11	-11	-174	-115	-59	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	1	1	2	1	7	5	5	7	8	5	7	9	12
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	7	10	11	17	16	14	113	105	106	100	96	96	92	107	108
+ Property, Plant & Equip, Net	3	5	5	8	8	8	30	27	32	28	27	28	26	28	29
+ Property, Plant & Equip	13	14	15	19	20	22	50	50	59	59	61	65	66	71	74
- Accumulated Depreciation	9	9	10	11	13	14	19	23	27	30	34	37	40	42	45
+ LT Investments & Receivables	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	3	4	6	9	8	7	82	77	74	71	69	68	66	79	79
+ Total Intangible Assets	- -	- -	- -	3	5	4	82	77	74	71	68	65	63	76	77
+ Goodwill	- -	- -	- -	- -	1	1	49	48	48	48	48	48	48	62	65
+ Other Intangible Assets	- -	- -	- -	2	4	3	32	29	26	23	20	18	15	14	11
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	3	4	5	6	3	3	- -	- -	- -	- -	1	2	3	2	2
Total Assets	31	57	52	60	85	122	321	228	180	162	216	272	297	303	319
+ Payables & Accruals	6	7	4	5	10	10	29	29	29	26	40	46	56	44	62
+ Accounts Payable	- -	- -	- -	3	6	5	11	9	10	8	10	14	23	9	21
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	6	7	4	2	5	5	18	20	19	18	30	32	33	35	41
+ ST Debt	6	13	15	6	21	- -	66	32	17	12	22	6	2	2	2
+ ST Borrowings	6	13	15	6	21	- -	66	32	17	9	20	4	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	1	2	2	2	2
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	1	- -	2	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	1	- -	2	- -
Total Current Liabilities	12	20	20	11	31	10	95	60	46	38	64	53	59	48	65
+ LT Debt	- -	5	5	4	4	- -	101	98	88	82	79	45	5	5	3
+ LT Borrowings	- -	5	5	4	4	- -	101	98	82	78	73	39	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	6	4	6	6	5	5	3
+ Other LT Liabilities	- -	- -	- -	- -	- -	- -	1	- -	1	1	2	- -	5	4	7
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	1	- -	1	1	2	- -	5	4	4
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3
Total Noncurrent Liabilities	- -	5	5	5	5	- -	103	99	89	83	80	45	9	9	11
Total Liabilities	12	25	24	16	36	10	198	159	135	121	145	98	68	57	75
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	43	44	45	62	62	114	115	116	118	119	117	117	119	111	92
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	43	44	45	62	62	114	114	116	118	118	116	116	118	111	92
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-24	-11	-17	-18	-13	-2	9	-47	-73	-78	-46	58	110	135	151
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	19	33	28	44	49	112	123	69	45	41	71	175	229	246	243
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	19	33	28	44	49	112	123	69	45	41	71	175	229	246	243
Total Liabilities & Equity	31	57	52	60	85	122	321	228	180	162	216	272	297	303	319
Shares Outstanding	24	24	25	32	33	41	42	43	43	43	45	45	46	44	42
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	6	7	7	7	7	7	5
Net Debt	3	14	19	10	24	-34	162	128	96	86	90	38	-12	-70	-39
Net Debt to Equity	13.26	41.79	68.96	22.21	47.77	-30.08	131.5	184.46	213.67	211.56	126.73	21.7	-5.44	-28.53	-16.21
Tangible Common Equity Ratio	60.42	57.07	53.58	72.21	55.72	91.17	17.35	-5.32	-26.99	-33.44	1.88	52.87	71	74.9	68.91
Current Ratio	2.01	2.4	2.13	3.86	2.24	10.5	2.19	2.05	1.61	1.65	1.86	3.36	3.5	4.09	3.26
Cash Conversion Cycle	201.45	325.92	245.53	278.72	296.36	311.53	441.05	285.18	194.11	157.2	213.2	268.64	300.57	245.04	228.11

Cash Flow Statement (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	1	13	-6	-1	5	11	11	-56	-26	-5	32	104	52	24	17
+ Depreciation & Amortization	- -	1	1	1	2	2	3	7	7	6	6	6	6	6	6
+ Non-Cash Items	1	-1	5	- -	3	2	7	31	5	-2	-3	8	11	3	2
+ Stock-Based Compensation	- -	- -	- -	1	- -	1	1	1	2	1	1	1	2	1	1
+ Deferred Income Taxes	1	-1	-1	-1	3	1	4	-1	1	- -	- -	-1	4	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	2	- -	- -
+ Other Non-Cash Adj	- -	- -	6	1	- -	1	1	30	1	-3	-4	8	3	2	1
+ Chg in Non-Cash Work Cap	-2	-22	-6	1	-20	-6	-3	54	48	13	-36	-54	-11	58	-28
+ (Inc) Dec in Accts Receiv	-1	- -	-4	- -	-1	- -	4	- -	6	-3	-4	-8	-10	11	-3
+ (Inc) Dec in Inventories	- -	-22	- -	-1	-23	-7	-1	43	43	19	-47	-53	-7	60	-41
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	-1	- -	1	-3	1	-1	-2	-2	2	-3	-1	-3
+ Inc (Dec) in Accts Payable	-1	1	-2	3	4	- -	7	- -	-1	-1	16	5	9	-13	20
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	1	-10	10	- -	- -	1	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	1	-9	-6	2	-11	9	18	36	34	12	-1	63	59	92	-3
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	-1	-1	-1	-2	-1	-1	-1	-1	-2	-4	-4	-5	-5
+ Acq of Fixed Prod Assets	-1	-1	-1	-1	-1	-2	-1	-1	-1	-1	-2	-4	-4	-5	-5
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	1	16	- -	51	1	- -	- -	- -	- -	- -	- -	-8	-20
+ Increase in Capital Stock	- -	- -	1	16	- -	51	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-8	-20
+ Net Change in LT Investment	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	-1	- -	-7	-2	- -	-209	- -	- -	- -	- -	- -	- -	-21	-2
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-1	- -	-7	-2	- -	-209	- -	- -	- -	- -	- -	- -	-21	-2
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	1	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	-2	- -	-8	-3	-2	-210	-1	-1	- -	-2	-4	-4	-26	-7
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	11	2	-9	14	-25	170	-37	-31	-13	8	-48	-47	- -	- -
+ Cash From Debt	1	15	3	- -	14	- -	170	- -	- -	2	13	100	- -	- -	- -
+ Repayments of Debt	-1	-4	- -	-9	- -	-25	- -	-37	-31	-15	-5	-148	-47	- -	- -
+ Other Financing Activities	- -	- -	- -	- -	- -	-1	-8	-1	-1	- -	-3	-9	-1	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	11	3	7	14	25	163	-38	-32	-12	5	-57	-48	-8	-20
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	- -	-3	- -	- -	33	-29	-3	- -	-1	2	2	7	58	-31
EBITDA	3	15	-8	- -	10	21	19	-35	-9	12	48	137	84	36	25
EBITDA Margin (%)	6.83	27.35	-13.09	-0.01	12.86	20.07	13.19	-21.3	-5.35	8.13	25.15	42.27	29.05	15.05	9.95
Free Cash Flow	- -	-11	-7	1	-11	8	17	35	33	10	-3	59	55	87	-8
Net Cash Paid for Acquisitions	- -	1	- -	7	2	- -	209	- -	- -	- -	- -	- -	- -	21	2
Free Cash Flow to Firm	- -	-10	- -	- -	-11	8	20	- -	- -	- -	8	72	61	87	-8
Free Cash Flow to Equity	- -	1	-5	-8	3	-17	187	-2	2	-2	5	11	8	87	-8
Free Cash Flow per Basic Share	-0.01	-0.44	-0.28	0.03	-0.35	0.22	0.42	0.83	0.77	0.24	-0.07	1.31	1.21	1.91	-0.19
Price/Free Cash Flow	23.07	-11.99	-15.69	45.24	-10.5	25.6	13.39	1.01	1.2	3.54	298.39	7.17	10.28	2.71	163.5
Cash Flow to Net Income	0.59	-0.72	1.1	-2.36	-2.21	0.88	1.65	-0.65	-1.3	-2.24	-0.04	0.61	1.12	3.76	-0.19
Capital Expenditures	-1	-1	-1	-1	-1	-2	-1	-1	-1	-1	-2	-4	-4	-5	-5