Coil Tubing Technology, Inc. (CTBG) financial statements (2021 and earlier)

Company profile

Business Address 22305 GOSLING ROAD
SPRING, TX 77389
State of Incorp. FL
Fiscal Year End December 31
SIC 3533 - Oil and Gas Field Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6767389791,2801,0861,1281,121
Cash and cash equivalents6767389791,2801,0861,1281,121
Receivables6331,4301,5812,1022,3331,8271,707
Intangible current assets   91   
Other current assets575771194416982
Other undisclosed current assets   (91)   
Total current assets:1,3662,2252,6313,5763,4603,0242,910
Noncurrent Assets
Property, plant and equipment2,5372,6132,6671,5751,5051,4741,546
Intangible assets, net (including goodwill)4,3554,4384,5204,602893913933
Intangible assets, net (excluding goodwill)4,3554,4384,5204,602893913933
Other undisclosed noncurrent assets1,5531,8262,1272,3252,5442,8282,924
Total noncurrent assets:8,4458,8779,3148,5024,9425,2155,403
TOTAL ASSETS:9,81111,10211,94512,0788,4028,2398,313
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities259276534539716863819
Accounts payable114139411450429616591
Accrued liabilities14513712389287247228
Debt13113013099918991
Due to related parties94798991130156 
Other undisclosed current liabilities   39  156
Total current liabilities:4844857537689371,1081,066
Noncurrent Liabilities
Long-term debt and lease obligation5,2615,2945,3294,623839812871
Long-term debt, excluding current maturities5,2615,2945,3294,623839812871
Liabilities, other than long-term debt3,7503,7503,7503,750 13 
Due to related parties3,7503,7503,7503,750 13 
Other undisclosed noncurrent liabilities(3,750)(3,750)(3,750)(3,750) (13) 
Total noncurrent liabilities:5,2615,2945,3294,623839812871
Total liabilities:5,7455,7796,0825,3911,7761,9201,937
Stockholders' equity
Stockholders' equity attributable to parent, including:4,1215,3485,8736,6876,6266,3196,376
Preferred stock     1 
Common stock16161616161616
Additional paid in capital10,12510,09510,06510,0479,9959,9439,892
Accumulated deficit(6,020)(4,763)(4,208)(3,376)(3,385)(3,641)(3,533)
Other undisclosed stockholders' equity attributable to parent      1
Stockholders' equity attributable to noncontrolling interest(55)(25)(10)    
Total stockholders' equity:4,0665,3235,8636,6876,6266,3196,376
TOTAL LIABILITIES AND EQUITY:9,81111,10211,94512,0788,4028,2398,313

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

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
Revenues4508841,1611,7932,1601,6451,267
Revenue, net4508841,1611,7932,1601,6451,267
Cost of revenue(525)(635)(755)(917)(982)(887)(750)
Cost of goods and services sold(796)(943)(1,056) (982)(887)(1,034)
Gross profit:(75)2494068761,178758517
Operating expenses(1,166)(759)(1,167)(874)(909)(853)(978)
Operating income (loss):(1,241)(510)(761)2269(95)(461)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(45)(59)(81)6(13)(13)(12)
Interest and debt expense(54)(55)     
Income (loss) before gain (loss) on sale of properties:(1,340)(624)(842)8256(108)(473)
Other undisclosed net income54      
Net income (loss):(1,286)(624)(842)8256(108)(473)
Net loss attributable to noncontrolling interest(30)(15)(10)    
Other undisclosed net income attributable to parent607010    
Net income (loss) available to common stockholders, diluted:(1,256)(569)(842)8256(108)(473)

Comprehensive Income ($ in thousands)

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
Net income (loss):(1,286)(624)(842)8256(108)(473)
Comprehensive income (loss):(1,286)(624)(842)8256(108)(473)
Comprehensive loss, net of tax, attributable to noncontrolling interest(30)(15)(10)    
Comprehensive income (loss), net of tax, attributable to parent:(1,316)(639)(852)8256(108)(473)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: