BRUSHY RESOURCES, INC. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
300 E. SONTERRA BLVD. SAN ANTONIO, TX 78258 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,839 | 5,779 | 3,729 | 1,358 | 3,574 | 4,132 | |||
| Cash and cash equivalent | 2,839 | 5,779 | 3,729 | 1,358 | 3,574 | 4,132 | |||
| Receivables | 1,101 | 1,108 | 1,222 | 1,602 | 2,368 | 3,011 | |||
| Prepaid expense | 66 | 300 | 378 | 270 | 284 | 380 | |||
| Deferred costs | 7 | ||||||||
| Derivative instruments and hedges, assets | 733 | 918 | 596 | 1,570 | 1,699 | 33 | |||
| Other current assets | 884 | 886 | 928 | 981 | 1,055 | ||||
| Other undisclosed current assets | 164 | (884) | (886) | (928) | (981) | (1,055) | |||
| Total current assets: | 4,911 | 8,105 | 5,925 | 4,800 | 7,925 | 7,556 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 87,049 | 90,388 | 89,977 | 91,870 | 96,267 | ||||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | (55,985) | ||||||||
| Intangible assets, net (including goodwill) | 960 | 960 | 960 | 960 | 960 | 960 | |||
| Goodwill | 960 | 960 | 960 | 960 | 960 | 960 | |||
| Derivative instruments and hedges | 59 | 67 | 3 | ||||||
| Other noncurrent assets | 359 | ||||||||
| Other undisclosed noncurrent assets | 55,985 | 884 | 886 | 928 | 981 | 1,055 | |||
| Total noncurrent assets: | 1,318 | 88,952 | 92,234 | 91,865 | 93,878 | 98,285 | |||
| Other undisclosed assets | 16,951 | ||||||||
| TOTAL ASSETS: | 23,181 | 97,057 | 98,159 | 96,665 | 101,803 | 105,841 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 5,563 | 6,092 | 5,557 | 3,377 | 5,835 | 5,402 | |||
| Other undisclosed accounts payable and accrued liabilities | 5,563 | 6,092 | 5,557 | 3,377 | 5,835 | 5,402 | |||
| Debt | 14,172 | 16,421 | 21,021 | 2,202 | 2,353 | 2,316 | |||
| Derivative instruments and hedges, liabilities | (39) | ||||||||
| Asset retirement obligation | 392 | 452 | 444 | 436 | 428 | 451 | |||
| Due to related parties | 20,899 | ||||||||
| Other undisclosed current liabilities | 1,756 | 20,862 | 17,559 | 11,496 | 829 | 1,486 | |||
| Total current liabilities: | 42,782 | 43,827 | 44,542 | 17,511 | 9,446 | 9,655 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 41 | 46 | 22,547 | 23,162 | 23,763 | ||||
| Long-term debt, excluding current maturities | 41 | 46 | 22,547 | 23,162 | 23,763 | ||||
| Liabilities, other than long-term debt | 3,239 | 13,937 | 14,752 | 16,990 | 27,397 | 28,469 | |||
| Asset retirement obligations | 3,204 | 3,197 | 3,290 | 3,233 | 3,177 | 3,094 | |||
| Deferred tax liabilities, net | 10,740 | 11,423 | 13,751 | 14,040 | 15,375 | ||||
| Due to related parties | 10,180 | 10,000 | |||||||
| Other liabilities | 35 | ||||||||
| Derivative instruments and hedges, liabilities | 39 | 6 | |||||||
| Other undisclosed noncurrent liabilities | (43,827) | (44,542) | (17,511) | (9,446) | (9,655) | ||||
| Total noncurrent liabilities: | 3,239 | (29,849) | (29,744) | 22,026 | 41,113 | 42,577 | |||
| Total liabilities: | 46,022 | 13,978 | 14,798 | 39,537 | 50,559 | 52,232 | |||
| Equity | |||||||||
| Equity, attributable to parent | (22,841) | 39,252 | 38,819 | 39,617 | 41,799 | 43,954 | |||
| Common stock | 13 | 13 | 13 | 13 | 12 | 12 | |||
| Additional paid in capital | 57,044 | 56,838 | 56,632 | 56,426 | 55,920 | 55,414 | |||
| Accumulated deficit | (79,898) | (17,599) | (17,826) | (16,822) | (14,133) | (11,472) | |||
| Other undisclosed equity | 43,827 | 44,542 | 17,511 | 9,446 | 9,655 | ||||
| Total equity: | (22,841) | 83,079 | 83,361 | 57,128 | 51,245 | 53,609 | |||
| TOTAL LIABILITIES AND EQUITY: | 23,181 | 97,057 | 98,159 | 96,665 | 101,803 | 105,841 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,367 | 1,745 | 2,527 | 2,555 | 6,743 | 5,783 | ||
| Revenue, net | 1,745 | 2,527 | 2,757 | 4,688 | 5,783 | |||
| Financial services revenue | (202) | 2,055 | ||||||
| Cost of revenue (Cost of Product and Service Sold) | ||||||||
| Other undisclosed gross profit | (3,678) | |||||||
| Gross profit: | (1,311) | 1,745 | 2,527 | 2,555 | 6,743 | 5,783 | ||
| Operating expenses | (70,816) | (4,723) | (4,240) | (5,373) | (8,333) | (5,936) | ||
| Other undisclosed operating income (loss) | 2,889 | 202 | (2,055) | |||||
| Operating loss: | (69,239) | (2,978) | (1,713) | (2,616) | (3,646) | (153) | ||
| Nonoperating income (expense) | (3,845) | 2,546 | (1,616) | (361) | (338) | (27) | ||
| Investment income, nonoperating | ||||||||
| Interest and debt expense | 2,276 | (1,068) | (973) | (773) | (803) | |||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (2,276) | 1,068 | 973 | 773 | 803 | |||
| Loss from continuing operations before income taxes: | (73,084) | (432) | (3,329) | (2,977) | (3,984) | (180) | ||
| Income tax expense (benefit) | 14,034 | 23 | (2,325) | (288) | (1,494) | 7 | ||
| Loss from continuing operations: | (59,050) | (409) | (5,654) | (3,265) | (5,478) | (173) | ||
| Loss before gain (loss) on sale of properties: | (59,050) | (409) | (5,654) | (3,265) | (5,478) | (173) | ||
| Other undisclosed net income (loss) | (3,250) | 576 | 2,817 | |||||
| Net loss: | (62,300) | (409) | (5,654) | (2,689) | (2,661) | (173) | ||
| Other undisclosed net income attributable to parent | 637 | 4,650 | 73 | |||||
| Net income (loss) available to common stockholders, diluted: | (62,300) | 228 | (1,004) | (2,689) | (2,661) | (100) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (62,300) | (409) | (5,654) | (2,689) | (2,661) | (173) | ||
| Comprehensive loss, net of tax, attributable to parent: | (62,300) | (409) | (5,654) | (2,689) | (2,661) | (173) | ||
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.