Black Stallion Oil & Gas Inc. (BLKG) Financial Statements (2025 and earlier)
Company Profile
Business Address |
633 W. 5TH STREET LOS ANGELES, CA 90071 |
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)Annual | Quarterly
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 | 73,237 | 10,775 | 250,000 | 9,293 | 184 | 237 | |||
Cash and cash equivalents | 73,237 | 10,775 | 250,000 | 9,293 | 184 | 237 | |||
Receivables | 163,471 | 167,471 | 41,465 | 9,418 | 10,794 | 13,662 | |||
Prepaid expense | 269,722 | 39,937 | 118,788 | 263,850 | 202,876 | 157,376 | |||
Other undisclosed current assets | (249,812) | ||||||||
Total current assets: | 506,430 | 218,183 | 160,441 | 282,561 | 213,854 | 171,275 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 1,129 | ||||||||
Oil and gas, full cost method, property and equipment, after accumulated depletion | 850,000 | 850,000 | 850,000 | ||||||
Intangible assets, net (including goodwill) | 13,900 | 579 | 1,158 | 1,737 | 2,317 | 2,896 | |||
Intangible assets, net (excluding goodwill) | 13,900 | 579 | 1,158 | 1,737 | 2,317 | 2,896 | |||
Other undisclosed noncurrent assets | 836,100 | 850,000 | 850,000 | ||||||
Total noncurrent assets: | 851,129 | 850,579 | 851,158 | 851,737 | 852,317 | 852,896 | |||
TOTAL ASSETS: | 1,357,559 | 1,068,762 | 1,011,599 | 1,134,298 | 1,066,171 | 1,024,171 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 8,233 | 19,628 | 18,554 | 95,592 | 89,116 | 68,268 | |||
Interest and dividends payable | 11,721 | 7,312 | 1,595 | ||||||
Accrued liabilities | 61,225 | 107,600 | 71,900 | (49,750) | |||||
Other undisclosed accounts payable and accrued liabilities | (52,992) | (87,972) | (53,346) | 83,871 | 131,554 | 66,673 | |||
Debt | 354,701 | 174,115 | 115,753 | 87,500 | 115,288 | 48,148 | |||
Derivative instruments and hedges, liabilities | 1,636,725 | 1,274,721 | 405,929 | ||||||
Other undisclosed current liabilities | 86,410 | 121,166 | 78,580 | 121,321 | 7,312 | 1,595 | |||
Total current liabilities: | 2,086,069 | 1,589,630 | 618,816 | 304,413 | 211,716 | 118,011 | |||
Noncurrent Liabilities | |||||||||
Total liabilities: | 2,086,069 | 1,589,630 | 618,816 | 304,413 | 211,716 | 118,011 | |||
Equity | |||||||||
Equity, attributable to parent, including: | (728,510) | (520,868) | 392,782 | 829,885 | 854,455 | 906,160 | |||
Common stock | 57,251 | 24,988 | 14,516 | 9,914 | 4,564 | 4,564 | |||
Additional paid in capital | 3,461,133 | 2,741,109 | 2,191,672 | 1,671,382 | 1,412,317 | 1,310,297 | |||
Accumulated deficit | (4,246,894) | (3,286,965) | (1,963,406) | (957,501) | (668,516) | (514,791) | |||
Other undisclosed equity, attributable to parent | 150,000 | 106,090 | 106,090 | 106,090 | |||||
Total equity: | (728,510) | (520,868) | 392,782 | 829,885 | 854,455 | 906,160 | |||
Other undisclosed liabilities and equity | 1 | ||||||||
TOTAL LIABILITIES AND EQUITY: | 1,357,559 | 1,068,762 | 1,011,599 | 1,134,298 | 1,066,171 | 1,024,171 |
Income Statement (P&L) (USD)Annual | Quarterly
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 | ||
---|---|---|---|---|---|---|---|---|
Gross profit: | (69,948) | (292,050) | (408,640) | (6,260) | (79,501) | (54,262) | ||
Operating expenses | (98,958) | (323,936) | (163,465) | (172,849) | (103,848) | (88,559) | ||
Other undisclosed operating income | 69,948 | 292,050 | 408,640 | 6,260 | 79,501 | 54,262 | ||
Operating loss: | (98,958) | (323,936) | (163,465) | (172,849) | (103,848) | (88,559) | ||
Nonoperating expense (Other Nonoperating expense) | (860,971) | (999,624) | ||||||
Interest and debt expense | (96,136) | (49,877) | (17,925) | |||||
Other undisclosed loss from continuing operations before equity method investments, income taxes | (840,530) | |||||||
Loss from continuing operations before equity method investments, income taxes: | (959,929) | (1,323,560) | (1,003,995) | (268,985) | (153,725) | (106,484) | ||
Other undisclosed income (loss) from continuing operations before income taxes | (8,000) | |||||||
Loss from continuing operations: | (959,929) | (1,323,560) | (1,011,995) | (268,985) | (153,725) | (106,484) | ||
Loss before gain (loss) on sale of properties: | (959,929) | (1,323,560) | (1,011,995) | (268,985) | (153,725) | (106,484) | ||
Net loss available to common stockholders, basic: | (959,929) | (1,323,560) | (1,011,995) | (268,985) | (153,725) | (106,484) | ||
Interest on convertible debt | (703,339) | (790,106) | (1,234,295) | 1,595 | ||||
Net loss available to common stockholders, diluted: | (1,663,268) | (2,113,666) | (2,246,290) | (268,985) | (153,725) | (104,889) |
Comprehensive Income (USD)Annual | Quarterly
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 loss: | (959,929) | (1,323,560) | (1,011,995) | (268,985) | (153,725) | (106,484) | ||
Comprehensive loss, net of tax, attributable to parent: | (959,929) | (1,323,560) | (1,011,995) | (268,985) | (153,725) | (106,484) |
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.