Bakken Resources Inc (BKKN) Financial Statements (2024 and earlier)

Company Profile

Business Address 1425 BIRCH AVE.
HELENA, MT 59601
State of Incorp. NV
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)

9/30/2017
MRQ
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 4,7474,2356,3341,524693
Cash and cash equivalents 1,2402296,3341,524693
Short-term investments 3,5074,006   
Restricted cash and investments   595  
Receivables 1,8091,5311,0761,938745
Prepaid expense 52624021
Prepaid expense and other current assets10
Total current assets: 6,6085,8278,0443,4831,448
Noncurrent Assets
Property, plant and equipment 0381524
Oil and gas property, successful effort method    6868
Other undisclosed noncurrent assets 508023019401,379
Total noncurrent assets: 508053091,0231,471
TOTAL ASSETS: 6,6596,6328,3544,5062,920
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1911891,24455686
Taxes payable   944514 
Accounts payable 1131151354379
Accrued liabilities 7874165 7
Debt     120
Due to related parties 232    
Other undisclosed current liabilities    614169
Total current liabilities: 4231891,2441,170375
Noncurrent Liabilities
Long-term debt and lease obligation     847
Long-term debt, excluding current maturities     847
Total noncurrent liabilities:     847
Total liabilities: 4231891,2441,1701,222
Equity
Equity, attributable to parent, including: 6,2356,4437,1093,3361,698
Preferred stock 1    
Common stock 57    
Additional paid in capital 4,7103,5113,5113,4963,401
Accumulated other comprehensive income 2042   
Retained earnings (accumulated deficit) 1,2632,8733,542(217)(1,759)
Other undisclosed equity, attributable to parent  57575757
Total equity: 6,2356,4437,1093,3361,698
TOTAL LIABILITIES AND EQUITY: 6,6596,6328,3544,5062,920

Income Statement (P&L) ($ in thousands)

9/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 6278681,6363,9931,728
Gross profit: 6278681,6363,9931,728
Operating expenses (2,586)(1,741)4,293(1,934)(1,879)
Operating income (loss): (1,959)(873)5,9292,059(151)
Nonoperating income (expense) (99)710(3)(248)
Investment income, nonoperating 827511
Other nonoperating expense (650)    
Interest and debt expense    (19)(206)
Income (loss) from continuing operations before equity method investments, income taxes: (2,058)(866)5,9382,036(605)
Other undisclosed income from continuing operations before income taxes    19 
Income (loss) from continuing operations before income taxes: (2,058)(866)5,9382,056(605)
Income tax expense (benefit) 449197(1,959)(514) 
Income (loss) from continuing operations: (1,610)(669)3,9801,542(605)
Income (loss) before gain (loss) on sale of properties: (1,610)(669)3,9801,542(605)
Net income (loss): (1,610)(669)3,9801,542(605)
Other undisclosed net income attributable to parent   0 206
Net income (loss) available to common stockholders, diluted: (1,610)(669)3,9801,542(399)

Comprehensive Income ($ in thousands)

9/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss): (1,610)(669)3,9801,542(605)
Comprehensive income (loss): (1,610)(669)3,9801,542(605)
Other undisclosed comprehensive income, net of tax, attributable to parent 2022   
Comprehensive income (loss), net of tax, attributable to parent: (1,408)(666)3,9801,542(605)

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.

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