DRAX, INDUSTRIES INC. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3125 SCOTT STREET VISTA, CA 92081 |
| State of Incorp. | WY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3533 - Oil and Gas Field Machinery and Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 214 | 713 | 3 | |||
| Cash and cash equivalent | 214 | 713 | 3 | |||
| Receivables | 1 | |||||
| Inventory, net of allowances, customer advances and progress billings | 284 | 3 | 3 | |||
| Inventory | 284 | 3 | 3 | |||
| Prepaid expense | ||||||
| Other undisclosed current assets | ||||||
| Total current assets: | 499 | 716 | 6 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 59 | 65 | ||||
| Property, plant and equipment | 107 | |||||
| Other undisclosed noncurrent assets | 76 | 1 | 1 | |||
| Total noncurrent assets: | 184 | 60 | 66 | |||
| TOTAL ASSETS: | 682 | 776 | 71 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 1 | 0 | ||||
| Accounts payable | ||||||
| Accrued liabilities | 1 | 0 | ||||
| Deferred revenue | 41 | |||||
| Other undisclosed current liabilities | ||||||
| Total current liabilities: | 41 | 1 | 0 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 58 | 72 | ||||
| Long-term debt, excluding current maturities | 10 | 16 | ||||
| Operating lease, liability | 48 | 56 | ||||
| Other undisclosed noncurrent liabilities | ||||||
| Total noncurrent liabilities: | 106 | 128 | ||||
| Other undisclosed liabilities | (14) | (41) | ||||
| Total liabilities: | 41 | 93 | 88 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 641 | 683 | (16) | |||
| Common stock | 1 | 1 | 0 | |||
| Additional paid in capital | 749 | 714 | ||||
| Accumulated other comprehensive loss | (27) | (12) | ||||
| Retained earnings (accumulated deficit) | (108) | (5) | (5) | |||
| Other undisclosed equity, attributable to parent | ||||||
| Total equity: | 641 | 683 | (16) | |||
| TOTAL LIABILITIES AND EQUITY: | 682 | 776 | 71 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|
| Revenues | |||||
| Operating expenses | (73) | (14) | (12) | ||
| Other operating expense, net (Other Expenses) | (2) | ||||
| Other undisclosed operating income (loss) | (4) | 15 | |||
| Operating income (loss): | (77) | (16) | 4 | ||
| Nonoperating income (expense) | (4) | (0) | (0) | ||
| Interest and debt expense | (0) | (0) | (0) | ||
| Income (loss) from continuing operations: | (81) | (17) | 3 | ||
| Income (loss) before gain (loss) on sale of properties: | (81) | (17) | 3 | ||
| Other undisclosed net income (loss) | 4 | 2 | (15) | ||
| Net loss: | (77) | (15) | (12) | ||
| Other undisclosed net loss attributable to parent | |||||
| Net loss attributable to parent: | (77) | (15) | (12) | ||
| Other undisclosed net loss available to common stockholders, basic | |||||
| Net loss available to common stockholders, diluted: | (77) | (15) | (12) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|
| Net loss: | (77) | (15) | (12) | ||
| Comprehensive loss, net of tax, attributable to parent: | (77) | (15) | (12) | ||
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.