Cubic Energy Inc (CBNRQ) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9870 PLANO ROAD DALLAS, TX 75238 |
| State of Incorp. | TX |
| Fiscal Year End | June 30 |
| Industry (SIC) | 1381 - Drilling Oil and Gas Wells (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2015 MRQ | 6/30/2014 | 6/30/2013 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 6,858 | 261 | |||
| Cash and cash equivalents | 6,858 | 261 | |||
| Receivables | 2,026 | 588 | |||
| Prepaid expense | 1,514 | 157 | |||
| Total current assets: | 10,398 | 1,005 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 107,432 | 14,724 | |||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 129,558 | 36,904 | |||
| Deposits noncurrent assets | 2,300 | ||||
| Restricted cash and investments | 5,000 | ||||
| Deferred costs | 2,140 | ||||
| Other noncurrent assets | 7,140 | 2,300 | |||
| Other undisclosed noncurrent assets | (136,698) | (39,204) | |||
| Total noncurrent assets: | 114,573 | 17,024 | |||
| TOTAL ASSETS: | 124,971 | 18,030 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 7,128 | 1,332 | |||
| Other undisclosed accounts payable and accrued liabilities | 7,128 | 1,332 | |||
| Debt | (67,971) | 27,865 | |||
| Derivative instruments and hedges, liabilities | 8,065 | ||||
| Other undisclosed current liabilities | 136,175 | 2,000 | |||
| Total current liabilities: | 83,396 | 31,197 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 26,968 | ||||
| Asset retirement obligations | 1,916 | ||||
| Derivative instruments and hedges, liabilities | 25,052 | ||||
| Other undisclosed noncurrent liabilities | 16,290 | ||||
| Total noncurrent liabilities: | 43,259 | ||||
| Total liabilities: | 126,655 | 31,197 | |||
| Equity | |||||
| Equity, attributable to parent, including: | (1,685) | (13,167) | |||
| Common stock | 3,875 | 3,868 | |||
| Additional paid in capital | 56,954 | 68,721 | |||
| Accumulated deficit | (78,053) | (85,757) | |||
| Warrants and rights outstanding | 16,290 | ||||
| Other undisclosed equity, attributable to parent | (752) | 1 | |||
| Other undisclosed equity | 1 | ||||
| Total equity: | (1,684) | (13,167) | |||
| TOTAL LIABILITIES AND EQUITY: | 124,971 | 18,030 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2015 TTM | 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 15,849 | 3,843 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (9,002) | (1,872) | ||
| Gross profit: | 6,847 | 1,971 | ||
| Operating expenses | (14,375) | (5,581) | ||
| Operating loss: | (7,527) | (3,610) | ||
| Nonoperating income (expense) | 16,642 | (2,324) | ||
| Other nonoperating income | 13 | 666 | ||
| Interest and debt expense | (19,313) | (2,471) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 19,313 | 2,471 | ||
| Income (loss) from continuing operations: | 9,114 | (5,934) | ||
| Income (loss) before gain (loss) on sale of properties: | 9,114 | (5,934) | ||
| Net income (loss) attributable to parent: | 9,114 | (5,934) | ||
| Other undisclosed net loss available to common stockholders, basic | (1,410) | (917) | ||
| Net income (loss) available to common stockholders, diluted: | 7,704 | (6,852) | ||
Comprehensive Income ($ in thousands)
| 3/31/2015 TTM | 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|---|
| Net income (loss): | 9,114 | (5,934) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 9,114 | (5,934) | ||
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.