NATIONAL ENERGY SERVICES, INC. Financial Statements (2024 and earlier)
Company Profile
| Business Address |
PO BOX 400775 LAS VEGAS, NV 89140 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3823 - Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 72 | 18 | 1 | |||
| Cash and cash equivalents | 72 | 18 | 1 | |||
| Receivables | 1,720 | |||||
| Prepaid expense | 1,353 | ✕ | ||||
| Other current assets | 60 | ✕ | ||||
| Other undisclosed current assets | (60) | |||||
| Total current assets: | 3,145 | 18 | 1 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 16,684 | |||||
| Deferred costs | 189 | |||||
| Other undisclosed noncurrent assets | 1 | |||||
| Total noncurrent assets: | 16,874 | |||||
| TOTAL ASSETS: | 20,019 | 18 | 1 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 5,294 | 2,453 | 2,874 | |||
| Accounts payable | 882 | |||||
| Accrued liabilities | 1,992 | |||||
| Other undisclosed accounts payable and accrued liabilities | 5,294 | 2,453 | ||||
| Debt | 4,507 | 95 | 260 | |||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 100 | ✕ | ✕ | |||
| Due to related parties | 113 | 172 | 172 | |||
| Other undisclosed current liabilities | 1,348 | 174 | 234 | |||
| Total current liabilities: | 11,363 | 2,893 | 3,540 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 8,666 | 170 | ||||
| Long-term debt, excluding current maturities | 814 | 170 | ||||
| Other undisclosed long-term debt and lease obligation | 7,853 | |||||
| Liabilities, other than long-term debt | 985 | |||||
| Due to related parties | 985 | |||||
| Other undisclosed noncurrent liabilities | 407 | |||||
| Total noncurrent liabilities: | 10,058 | 170 | ||||
| Total liabilities: | 21,421 | 3,063 | 3,540 | |||
| Equity | ||||||
| Equity, attributable to parent | (1,401) | (3,045) | (3,539) | |||
| Common stock | 4 | 616 | 336 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | 33 | 375 | 35 | |||
| Additional paid in capital | 14,925 | 12,059 | 11,904 | |||
| Accumulated deficit | (16,364) | (16,095) | (15,814) | |||
| Total equity: | (1,401) | (3,045) | (3,539) | |||
| TOTAL LIABILITIES AND EQUITY: | 20,019 | 18 | 1 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 17,614 | ||||
| Cost of revenue | (14,484) | ||||
| Gross profit: | 3,130 | ||||
| Operating expenses | (2,367) | (206) | (266) | ||
| Operating income (loss): | 763 | (206) | (266) | ||
| Nonoperating income (expense) | 588 | (281) | (244) | ||
| Investment income, nonoperating | 1,620 | ||||
| Debt instrument, convertible, beneficial conversion feature | 129 | 66 | |||
| Other nonoperating expense | (1,032) | ||||
| Interest and debt expense | 10 | 207 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,361 | (281) | (510) | ||
| Other undisclosed loss from continuing operations before income taxes | (1,630) | ||||
| Loss from continuing operations: | (269) | (281) | (510) | ||
| Loss before gain (loss) on sale of properties: | (269) | (281) | (510) | ||
| Net loss available to common stockholders, diluted: | (269) | (281) | (510) | ||
Comprehensive Income ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (269) | (281) | (510) | ||
| Comprehensive loss, net of tax, attributable to parent: | (269) | (281) | (510) | ||
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.