Virtus Oil & Gas Corp (CURG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1517 SAN JACINTO STREET HOUSTON, TX 77002 |
| State of Incorp. | NV |
| Fiscal Year End | November 30 |
| Industry (SIC) | 1381 - Drilling Oil and Gas Wells (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 2/29/2016 MRQ | 11/30/2015 | 11/30/2014 | 11/30/2013 | 11/30/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 32,990 | 175,869 | 486 | ||||
| Cash and cash equivalents | 32,990 | 175,869 | 486 | ||||
| Other undisclosed current assets | 937 | 625 | |||||
| Total current assets: | 32,990 | 175,869 | 1,423 | 625 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 2,190 | 2,873 | 1,295 | ||||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 659,331 | ||||||
| Total noncurrent assets: | 2,190 | 662,204 | 1,295 | ||||
| TOTAL ASSETS: | 35,180 | 838,073 | 2,718 | 625 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 1,774,989 | 346,398 | 55,432 | 18,795 | |||
| Accounts payable | 18,795 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 1,774,989 | 346,398 | 55,432 | ||||
| Debt | 494,297 | ||||||
| Derivative instruments and hedges, liabilities | 709,826 | ||||||
| Other undisclosed current liabilities | 52,278 | 14,918 | |||||
| Total current liabilities: | 2,979,112 | 346,398 | 107,710 | 33,713 | |||
| Noncurrent Liabilities | |||||||
| Total liabilities: | 2,979,112 | 346,398 | 107,710 | 33,713 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | (2,943,932) | 491,675 | (104,992) | (33,088) | |||
| Common stock | 58,035 | 50,110 | 47,300 | 3,350 | |||
| Common stock, value, subscriptions | 310,000 | ✕ | ✕ | ||||
| Additional paid in capital | 5,362,954 | 3,025,102 | 171,179 | 75,129 | |||
| Accumulated deficit | (8,364,921) | ||||||
| Other undisclosed equity, attributable to parent | (2,893,537) | (323,471) | (111,567) | ||||
| Total equity: | (2,943,932) | 491,675 | (104,992) | (33,088) | |||
| TOTAL LIABILITIES AND EQUITY: | 35,180 | 838,073 | 2,718 | 625 | |||
Income Statement (P&L) (USD)
| 2/29/2016 TTM | 11/30/2015 | 11/30/2014 | 11/30/2013 | 11/30/2012 | ||
|---|---|---|---|---|---|---|
| Operating expenses | (5,077,165) | (2,506,494) | (237,375) | (47,468) | ||
| Other operating expense, net | (3,572) | (34,529) | (2,894) | |||
| Other undisclosed operating income | 3,572 | 34,529 | 2,894 | |||
| Operating loss: | (5,077,165) | (2,506,494) | (237,375) | (47,468) | ||
| Interest and debt expense | 54,927 | (3,572) | (4,529) | (2,894) | ||
| Loss from continuing operations: | (5,022,238) | (2,510,066) | (241,904) | (50,362) | ||
| Loss before gain (loss) on sale of properties: | (5,022,238) | (2,510,066) | (241,904) | (50,362) | ||
| Net loss: | (5,022,238) | (2,510,066) | (241,904) | (50,362) | ||
| Other undisclosed net loss attributable to parent | (449,146) | (30,000) | ||||
| Net loss available to common stockholders, diluted: | (5,471,384) | (2,510,066) | (271,904) | (50,362) | ||
Comprehensive Income (USD)
| 2/29/2016 TTM | 11/30/2015 | 11/30/2014 | 11/30/2013 | 11/30/2012 | ||
|---|---|---|---|---|---|---|
| Net loss: | (5,022,238) | (2,510,066) | (241,904) | (50,362) | ||
| Comprehensive loss, net of tax, attributable to parent: | (5,022,238) | (2,510,066) | (241,904) | (50,362) | ||
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.