WOODGATE ENERGY CORP Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2500 TANGLEWILDE HOUSTON, TX 77063 |
| 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)
| 6/30/2015 MRQ | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 67 | 737 | |||
| Cash and cash equivalent | 67 | 737 | |||
| Prepaid expense | 13 | 13 | |||
| Deposits current assets | 11 | 11 | |||
| Other undisclosed current assets | 0 | 1 | |||
| Total current assets: | 91 | 762 | |||
| Noncurrent Assets | |||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2 | 4 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 20,055 | 19,009 | |||
| Total noncurrent assets: | 20,057 | 19,013 | |||
| TOTAL ASSETS: | 20,147 | 19,775 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 1,728 | 1,030 | |||
| Employee-related liabilities | 56 | ||||
| Accounts payable | 302 | 124 | |||
| Accrued liabilities | 1,371 | 906 | |||
| Debt | 635 | ||||
| Due to related parties | 144 | 143 | |||
| Total current liabilities: | 2,507 | 1,173 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 454 | ||||
| Due to related parties | 454 | ||||
| Total noncurrent liabilities: | 454 | ||||
| Total liabilities: | 2,507 | 1,627 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 24,831 | 24,034 | |||
| Common stock | 24,831 | ||||
| Other undisclosed equity, attributable to parent | 24,034 | ||||
| Other undisclosed equity | (7,191) | (5,886) | |||
| Total equity: | 17,640 | 18,148 | |||
| TOTAL LIABILITIES AND EQUITY: | 20,147 | 19,775 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|
| Revenues | 5 | 4 | ||
| Revenue, net | 0 | 4 | ||
| Cost of revenue | (1,288) | (2,179) | ||
| Gross profit: | (1,283) | (2,175) | ||
| Operating expenses | (1,020) | (1,813) | ||
| Other undisclosed operating income | 1,020 | 1,813 | ||
| Operating loss: | (1,283) | (2,175) | ||
| Interest and debt expense | (22) | (358) | ||
| Loss from continuing operations: | (1,305) | (2,532) | ||
| Loss before gain (loss) on sale of properties: | (1,305) | (2,532) | ||
| Net loss: | (1,305) | (2,532) | ||
| Other undisclosed net income attributable to parent | 253 | |||
| Net loss available to common stockholders, diluted: | (1,305) | (2,279) | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|
| Net loss: | (1,305) | (2,532) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,305) | (2,532) | ||
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.