EASTERN RESOURCES, INC. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
166 EAST 34TH STREET NEW YORK, NY 10016 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7812 - Motion Picture and Video Tape Production (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2013 MRQ | 12/31/2012 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 113,505 | |||
| Cash and cash equivalent | 113,505 | |||
| Receivables | 1,008 | |||
| Inventory, net of allowances, customer advances and progress billings | ✕ | 886,977 | ||
| Inventory | 886,977 | |||
| Deferred tax assets | 295,464 | |||
| Other undisclosed current assets | (295,464) | |||
| Total current assets: | 1,001,490 | |||
| Noncurrent Assets | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 5,573,565 | |||
| Deposits noncurrent assets | 16,780,285 | |||
| Restricted cash and investments | 16,780,285 | |||
| Other undisclosed noncurrent assets | 4,762,811 | |||
| Total noncurrent assets: | 43,896,946 | |||
| TOTAL ASSETS: | 44,898,436 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 10,467,039 | |||
| Taxes payable | 3,228,136 | |||
| Employee-related liabilities | 358,411 | |||
| Accounts payable | 1,425,073 | |||
| Accrued liabilities | 5,455,419 | |||
| Debt | 3,620,245 | |||
| Other undisclosed current liabilities | 61,251,103 | |||
| Total current liabilities: | 75,338,387 | |||
| Noncurrent Liabilities | ||||
| Liabilities, other than long-term debt | 41,637,189 | |||
| Asset retirement obligations | 24,640,321 | |||
| Deferred tax liabilities, net | 295,464 | |||
| Derivative instruments and hedges, liabilities | 16,701,404 | |||
| Other undisclosed noncurrent liabilities | (90,590) | |||
| Total noncurrent liabilities: | 41,546,599 | |||
| Total liabilities: | 116,884,986 | |||
| Temporary equity, including noncontrolling interest | 13,656,708 | |||
| Equity | ||||
| Equity, attributable to parent, including: | (90,943,258) | |||
| Common stock | 198,550 | |||
| Additional paid in capital | 3,357,564 | |||
| Accumulated deficit | (94,499,372) | |||
| Warrants and rights outstanding | 204,874 | |||
| Other undisclosed equity, attributable to parent | (204,874) | |||
| Other undisclosed equity | 5,300,000 | |||
| Total equity: | (85,643,258) | |||
| TOTAL LIABILITIES AND EQUITY: | 44,898,436 | |||
Income Statement (P&L) (USD)
| 9/30/2013 TTM | 12/31/2012 | ||
|---|---|---|---|
| Gross profit: | (943,075) | ||
| Operating expenses | (10,283,609) | ||
| Other undisclosed operating income | 943,075 | ||
| Operating loss: | (10,283,609) | ||
| Nonoperating expense | (7,532,451) | ||
| Investment income, nonoperating | (1,451,349) | ||
| Interest and debt expense | (9,719,668) | ||
| Loss from continuing operations before equity method investments, income taxes: | (27,535,728) | ||
| Other undisclosed income from continuing operations before income taxes | 4,419,668 | ||
| Loss from continuing operations: | (23,116,060) | ||
| Loss before gain (loss) on sale of properties: | (23,116,060) | ||
| Net loss: | (23,116,060) | ||
| Other undisclosed net income attributable to parent | 5,300,000 | ||
| Net loss attributable to parent: | (17,816,060) | ||
| Preferred stock dividends and other adjustments | (5,300,000) | ||
| Net loss available to common stockholders, diluted: | (23,116,060) | ||
Comprehensive Income (USD)
| 9/30/2013 TTM | 12/31/2012 | ||
|---|---|---|---|
| Net loss: | (23,116,060) | ||
| Comprehensive loss, net of tax, attributable to parent: | (23,116,060) | ||
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.