Camber Energy Inc. (CEIN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
15915 KATY FREEWAY HOUSTON, TX 77094 |
| State of Incorp. | |
| 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)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 250 | 1,167 | 5,854 | 657 | 7,779 | 760 | |||
| Cash and cash equivalent | 250 | 1,167 | 5,854 | 657 | 7,779 | 760 | |||
| Restricted cash and investments | 29 | ||||||||
| Receivables | 8,545 | 24 | 129 | 647 | |||||
| Inventory, net of allowances, customer advances and progress billings | 9,796 | ||||||||
| Inventory | 9,796 | ||||||||
| Prepaid expense | 57 | 57 | |||||||
| Other current assets | 221 | 263 | 229 | ||||||
| Other undisclosed current assets | 1,062 | 255 | |||||||
| Total current assets: | 19,654 | 1,223 | 5,936 | 1,133 | 8,171 | 1,665 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,901 | ✕ | ✕ | ||||||
| Property, plant and equipment | 1,640 | 111 | 213 | 12,546 | |||||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 1,084 | 63 | 69 | ||||||
| Long-term investments and receivables | 26,838 | 36,300 | 8,297 | ||||||
| Long-term investments | 26,838 | 36,300 | 957 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 7,340 | ||||||||
| Intangible assets, net (including goodwill) | 72,672 | ||||||||
| Goodwill | 52,970 | ||||||||
| Intangible assets, net (excluding goodwill) | 19,702 | ||||||||
| Other noncurrent assets | 199 | 58 | |||||||
| Other undisclosed noncurrent assets | 2,762 | 6,572 | 4,100 | 155 | |||||
| Total noncurrent assets: | 82,058 | 33,473 | 40,468 | 8,563 | 412 | 12,603 | |||
| TOTAL ASSETS: | 101,712 | 34,697 | 46,404 | 9,695 | 8,583 | 14,268 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,760 | 4,341 | 3,556 | 1,999 | 2,104 | 4,313 | |||
| Taxes payable | ✕ | ✕ | ✕ | 3 | 3 | 3 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 173 | 303 | 200 | |||
| Accounts payable | 6,760 | 791 | 1,449 | 1,474 | 1,521 | 2,972 | |||
| Accrued liabilities | 3,550 | 2,104 | 348 | 276 | 1,141 | ||||
| Debt | 3 | 35,692 | |||||||
| Derivative instruments and hedges, liabilities | 3,863 | ||||||||
| Asset retirement obligation | 30 | ||||||||
| Other undisclosed current liabilities | 21,171 | 13,490 | 93,109 | 77,637 | |||||
| Total current liabilities: | 31,796 | 17,831 | 96,665 | 79,666 | 2,104 | 40,005 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 39,972 | 33,928 | 21,500 | 247 | |||||
| Long-term debt, excluding current maturities | 39,972 | 33,928 | 21,500 | 247 | |||||
| Liabilities, other than long-term debt | 2,588 | 62 | 53 | 304 | 979 | ||||
| Asset retirement obligations | 62 | 53 | 304 | 979 | |||||
| Operating lease, liability | 2,588 | ✕ | ✕ | ||||||
| Derivative instruments and hedges, liabilities | 0 | 0 | |||||||
| Other undisclosed noncurrent liabilities | 3,058 | 42 | |||||||
| Total noncurrent liabilities: | 45,618 | 33,989 | 21,553 | 42 | 304 | 1,227 | |||
| Total liabilities: | 77,414 | 51,820 | 118,218 | 79,707 | 2,408 | 41,231 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 14,493 | (17,124) | (71,814) | (79,813) | 6,175 | (26,963) | |||
| Preferred stock | 39,389 | ||||||||
| Common stock | 119 | 18 | 257 | 5 | 17 | 6 | |||
| Additional paid in capital | 169,460 | 571,888 | 409,217 | 179,783 | 152,235 | 141,424 | |||
| Accumulated other comprehensive loss | (249) | ||||||||
| Accumulated deficit | (154,838) | (589,030) | (481,288) | (259,602) | (154,218) | (170,862) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | (39,389) | 8,142 | 2,468 | |||
| Equity, attributable to noncontrolling interest | 9,805 | ||||||||
| Other undisclosed equity | 9,801 | ||||||||
| Total equity: | 24,298 | (17,124) | (71,814) | (70,012) | 6,175 | (26,963) | |||
| TOTAL LIABILITIES AND EQUITY: | 101,712 | 34,697 | 46,404 | 9,695 | 8,583 | 14,268 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 32,054 | 597 | 401 | 397 | 2,742 | 6,860 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 6,860 | |
| Gain (loss) on disposition of assets for financial service operations | 854 | (89,523) | (152,832) | ✕ | ||||
| Other operating income | 418 | |||||||
| Cost of revenue (Cost of Product and Service Sold) | (21,341) | (14) | (12) | |||||
| Gross profit: | 10,714 | 583 | 389 | 397 | 2,742 | 6,860 | ||
| Operating expenses | (39,049) | (4,980) | (5,835) | (5,424) | 15,868 | (25,526) | ||
| Other operating expense, net | (229) | |||||||
| Other undisclosed operating income | 21,341 | 14 | 12 | 229 | ||||
| Operating income (loss): | (6,994) | (4,383) | (5,433) | (5,027) | 18,610 | (18,667) | ||
| Nonoperating income (expense) | (26,027) | (164,242) | 22,931 | 474 | (86) | |||
| Other nonoperating income (expense) | 480 | 22,931 | 474 | (86) | ||||
| Interest and debt expense | (606) | (4,706) | (1,979) | (18) | (2,438) | (6,019) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (33,627) | (9,088) | (171,654) | 17,886 | 16,646 | (24,772) | ||
| Income from equity method investments | 957 | |||||||
| Other undisclosed income (loss) from continuing operations before income taxes | 606 | (98,654) | 1,979 | (46,801) | ||||
| Income (loss) from continuing operations before income taxes: | (33,022) | (107,742) | (169,675) | (27,958) | 16,646 | (24,772) | ||
| Income tax expense (benefit) | 3,817 | (3) | ||||||
| Other undisclosed income from continuing operations | ||||||||
| Income (loss) from continuing operations: | (29,205) | (107,742) | (169,675) | (27,958) | 16,643 | (24,772) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (169,675) | (27,328) | 16,643 | (24,772) | |
| Income from discontinued operations | 630 | |||||||
| Other undisclosed net income | 62,227 | 215,484 | 339,375 | |||||
| Net income (loss): | 33,022 | 107,742 | 169,700 | (27,328) | 16,643 | (24,772) | ||
| Net income attributable to noncontrolling interest | 372 | |||||||
| Other undisclosed net loss attributable to parent | (66,415) | (215,484) | (339,375) | (630) | ||||
| Net income (loss) attributable to parent: | (33,022) | (107,742) | (169,675) | (27,958) | 16,643 | (24,772) | ||
| Preferred stock dividends and other adjustments | (84,156) | (7,131) | (5,677) | |||||
| Other undisclosed net income available to common stockholders, basic | 372 | 0 | ||||||
| Net income (loss) available to common stockholders, diluted: | (32,650) | (107,742) | (253,832) | (35,089) | 10,966 | (24,772) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 33,022 | 107,742 | 169,700 | (27,328) | 16,643 | (24,772) | ||
| Other comprehensive loss | (32,845) | |||||||
| Comprehensive income (loss): | 177 | 107,742 | 169,700 | (27,328) | 16,643 | (24,772) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 302 | |||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (33,022) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (32,543) | 107,742 | 169,700 | (27,328) | 16,643 | (24,772) | ||
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.