Bakken Resources Inc (BKKN) Financial Statements (2023 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 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,411 | 4,643 | 4,769 | 4,747 | 4,181 | 4,044 | 4,220 | ||
| Cash and cash equivalents | 1,555 | 918 | 1,119 | 1,240 | 753 | 136 | 85 | ||
| Short-term investments | 3,856 | 3,725 | 3,650 | 3,507 | 3,428 | 3,908 | 4,135 | ||
| Receivables | 1,526 | 2,113 | 2,092 | 1,809 | 2,423 | 1,581 | 1,572 | ||
| Prepaid expense | 76 | 83 | 47 | 52 | 72 | 71 | 34 | ||
| Other undisclosed current assets | 250 | 250 | 250 | ||||||
| Total current assets: | 7,263 | 7,089 | 7,159 | 6,608 | 6,676 | 5,696 | 5,827 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | (39) | (39) | 0 | 0 | 1 | 2 | 2 | ||
| Other undisclosed noncurrent assets | 89 | 89 | 50 | 50 | 50 | 802 | 802 | ||
| Total noncurrent assets: | 50 | 50 | 50 | 50 | 51 | 804 | 804 | ||
| TOTAL ASSETS: | 7,313 | 7,139 | 7,209 | 6,659 | 6,727 | 6,500 | 6,631 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 220 | 241 | 197 | 191 | 266 | 239 | 170 | ||
| Accounts payable | 128 | 106 | 106 | 113 | 62 | 114 | 58 | ||
| Accrued liabilities | 92 | 135 | 92 | 78 | 203 | 125 | 111 | ||
| Due to related parties | 401 | 335 | 310 | 232 | 163 | 20 | |||
| Total current liabilities: | 621 | 575 | 507 | 423 | 429 | 259 | 170 | ||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 621 | 575 | 507 | 423 | 429 | 259 | 170 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 6,692 | 6,564 | 6,702 | 6,235 | 6,298 | 6,240 | 6,461 | ||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | ||||
| Common stock | 57 | 57 | 57 | 57 | 57 | ||||
| Additional paid in capital | 4,710 | 4,710 | 4,710 | 4,710 | 4,710 | 3,511 | 3,511 | ||
| Accumulated other comprehensive income | 282 | 242 | 223 | 204 | 159 | 109 | 77 | ||
| Retained earnings | 1,642 | 1,554 | 1,712 | 1,263 | 1,372 | 2,564 | 2,816 | ||
| Other undisclosed stockholders' equity attributable to parent | 57 | 57 | |||||||
| Other undisclosed stockholders' equity | 0 | ||||||||
| Total stockholders' equity: | 6,692 | 6,564 | 6,702 | 6,235 | 6,298 | 6,240 | 6,461 | ||
| TOTAL LIABILITIES AND EQUITY: | 7,313 | 7,139 | 7,209 | 6,659 | 6,727 | 6,500 | 6,631 | ||
Income Statement (P&L) ($ in thousands)
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 144 | 171 | 787 | (78) | 472 | 119 | 100 | |
| Cost of revenue (Financial Services Costs) | (600) | |||||||
| Gross profit: | 144 | 171 | 787 | (78) | (128) | 119 | 100 | |
| Operating expenses | (456) | (468) | (507) | (1,274) | (1,248) | (486) | (339) | |
| Other undisclosed operating income | 600 | |||||||
| Operating income (loss): | (312) | (297) | 280 | (1,353) | (776) | (367) | (239) | |
| Nonoperating income (expense) | 68 | 127 | 116 | (102) | (565) | (19) | 10 | |
| Investment income, nonoperating | 18 | 29 | 17 | 34 | 25 | 13 | ||
| Other nonoperating expense | (50) | |||||||
| Income (loss) from continuing operations before income taxes: | (243) | (170) | 395 | (1,455) | (1,340) | (386) | (229) | |
| Income tax benefit | 330 | 13 | 53 | 294 | 148 | 134 | 172 | |
| Net income (loss) available to common stockholders, diluted: | 87 | (157) | 448 | (1,162) | (1,192) | (252) | (57) | |
Comprehensive Income ($ in thousands)
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 87 | (157) | 448 | (1,162) | (1,192) | (252) | (57) | |
| Comprehensive income (loss): | 87 | (157) | 448 | (1,162) | (1,192) | (252) | (57) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 41 | 19 | 19 | 202 | 50 | 31 | 75 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 128 | (138) | 467 | (959) | (1,142) | (221) | 18 | |
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.