WOODGATE ENERGY CORP Financial Statements (2024 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) (USD)

6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22,99666,92430,29247,542215,145 
Cash and cash equivalents22,99666,92430,29247,542215,145 
Prepaid expense12,50012,50012,50012,50012,500 
Deposits current assets11,20411,20411,20411,20411,204 
Other undisclosed current assets1616164859 
Total current assets:46,71690,64454,01271,294238,908 
Noncurrent Assets
Property, plant and equipment1,6671,9052,3812,8573,333 
Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment20,109,03620,054,69619,996,38919,930,30519,692,007 
Total noncurrent assets:20,110,70320,056,60119,998,77019,933,16219,695,340 
TOTAL ASSETS:20,157,41920,147,24520,052,78220,004,45619,934,248 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,833,1011,728,0791,231,2551,353,8001,353,743 
Employee-related liabilities72,26755,62229,1226,5076,691 
Accounts payable327,365301,934312,979461,351466,283 
Accrued liabilities1,433,4691,370,523889,154885,942880,769 
Debt635,091635,091165,000   
Due to related parties147,674143,704143,618143,618143,618 
Total current liabilities:2,615,8662,506,8741,539,8731,497,4181,497,361 
Noncurrent Liabilities
Liabilities, other than long-term debt   453,981453,981453,981 
Due to related parties   453,981453,981453,981 
Total noncurrent liabilities:   453,981453,981453,981 
Total liabilities:2,615,8662,506,8741,993,8541,951,3991,951,342 
Equity
Equity, attributable to parent, including:24,881,01624,831,45524,531,45424,301,45224,034,454 
Common stock24,881,01624,831,455    
Accumulated deficit      
Other undisclosed equity, attributable to parent   24,531,45424,301,45224,034,454 
Other undisclosed equity (7,339,463)(7,191,084)(6,472,526)(6,248,395)(6,051,548) 
Total equity:17,541,55317,640,37118,058,92818,053,05717,982,906 
TOTAL LIABILITIES AND EQUITY:20,157,41920,147,24520,052,78220,004,45619,934,248 

Income Statement (P&L) (USD)

6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
Revenues 7994,417  247 
Revenue, net     247 
Cost of revenue (142,189)(697,057)(229,960) (165,228) 
Gross profit: (141,390)(692,640)(229,960) (164,981) 
Operating expenses (140,815)(467,494)(221,156) (165,214) 
Other undisclosed operating income 140,815467,494221,156 162,956 
Operating loss: (141,390)(692,640)(229,960) (167,239) 
Nonoperating income
(Other Nonoperating income)
   2,346 2,018 
Interest and debt expense (6,989)(8,978)(4,213) (4,165) 
Other undisclosed loss from continuing operations before equity method investments, income taxes  (4,395)    
Loss from continuing operations: (148,379)(706,013)(231,827) (169,386) 
Loss before gain (loss) on sale of properties: (148,379)(706,013)(231,827) (169,386) 
Net loss: (148,379)(706,013)(231,827) (169,386) 
Other undisclosed net income (loss) attributable to parent  (12,545)4,213 4,165 
Net loss available to common stockholders, diluted: (148,379)(718,558)(227,614) (165,221) 

Comprehensive Income (USD)

6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
Net loss: (148,379)(706,013)(231,827) (169,386) 
Comprehensive loss, net of tax, attributable to parent: (148,379)(706,013)(231,827) (169,386) 

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: