Daybreak Oil & Gas Inc (DBRM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1101 NORTH ARGONNE ROAD SPOKANE VALLEY, WA 99212 |
| State of Incorp. | WA |
| Fiscal Year End | February 28 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 140 | 34 | 94 | 30 | 49 | 42 | |||
| Cash and cash equivalent | 140 | 34 | 94 | 30 | 49 | 42 | |||
| Restricted cash and investments | 100 | 100 | |||||||
| Receivables | 203 | 188 | 95 | 130 | 163 | 143 | |||
| Other undisclosed current assets | 74 | 61 | 51 | 23 | 22 | 24 | |||
| Total current assets: | 417 | 283 | 240 | 184 | 334 | 309 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 6 | ✕ | ✕ | ✕ | |||||
| Property, plant and equipment | 7 | ||||||||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 536 | 612 | 655 | 712 | 746 | ||||
| Intangible assets, net (including goodwill) | |||||||||
| Goodwill | |||||||||
| Prepaid expense | 16 | 16 | 16 | 16 | 16 | 41 | |||
| Other undisclosed noncurrent assets | 913 | ||||||||
| Total noncurrent assets: | 559 | 629 | 677 | 729 | 762 | 954 | |||
| TOTAL ASSETS: | 976 | 912 | 917 | 912 | 1,096 | 1,263 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 79 | 112 | 43 | 248 | 3,845 | 2,174 | |||
| Interest and dividends payable | ✕ | 176 | 124 | 74 | 24 | 1,823 | 446 | ||
| Accounts payable | 2,023 | 1,728 | |||||||
| Accrued liabilities | |||||||||
| Other undisclosed accounts payable and accrued liabilities | (97) | (12) | (31) | 224 | |||||
| Debt | 1,243 | 1,276 | 1,187 | 1,142 | 1,181 | 9,623 | |||
| Due to related parties | 8 | 997 | 920 | 2,171 | 1,915 | 1,665 | |||
| Other undisclosed current liabilities | 2,075 | 2,085 | 1,913 | 1,785 | 9,402 | ||||
| Total current liabilities: | 3,405 | 4,469 | 4,064 | 5,346 | 16,343 | 13,462 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 120 | 120 | 299 | ||||||
| Long-term debt, excluding current maturities | 120 | 120 | 299 | ||||||
| Liabilities, other than long-term debt | 918 | 1,560 | 1,372 | 558 | 37 | 331 | |||
| Accounts payable and accrued liabilities | 738 | 1,392 | 1,345 | 529 | |||||
| Asset retirement obligations | 53 | 33 | 27 | 30 | 37 | 93 | |||
| Due to related parties | 127 | 135 | 238 | ||||||
| Total noncurrent liabilities: | 918 | 1,560 | 1,492 | 678 | 37 | 631 | |||
| Total liabilities: | 4,323 | 6,029 | 5,556 | 6,024 | 16,380 | 14,093 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (3,347) | (5,117) | (4,639) | (5,112) | (15,284) | (12,829) | |||
| Common stock | 68 | 60 | 54 | 52 | 52 | 51 | |||
| Additional paid in capital | 26,115 | 24,251 | 24,224 | 22,998 | 22,998 | 22,998 | |||
| Accumulated deficit | (29,530) | (29,429) | (28,917) | (28,162) | (38,334) | (35,879) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | 1 | 1 | ||||
| Total equity: | (3,347) | (5,117) | (4,639) | (5,112) | (15,284) | (12,829) | |||
| TOTAL LIABILITIES AND EQUITY: | 976 | 912 | 917 | 912 | 1,096 | 1,263 | |||
Income Statement (P&L) ($ in thousands)
| 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 680 | 405 | 664 | 743 | 629 | 483 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 483 | ||
| Cost of revenue (Cost of Product and Service Sold) | (164) | |||||||
| Gross profit: | 680 | 405 | 664 | 743 | 629 | 319 | ||
| Operating expenses | (941) | (754) | (940) | (1,096) | (1,343) | (1,351) | ||
| Other undisclosed operating income | 164 | |||||||
| Operating loss: | (261) | (349) | (276) | (353) | (714) | (869) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (138) | (163) | (479) | 10,525 | (1,741) | (2,994) | ||
| Interest and debt expense | 73 | 74 | (479) | 12,371 | (1,741) | 3,926 | ||
| Income (loss) from continuing operations: | (326) | (438) | (1,233) | 22,544 | (4,196) | 63 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (326) | (438) | (1,233) | 22,544 | (4,196) | 458 | |
| Income from discontinued operations | 395 | |||||||
| Net income (loss): | (326) | (438) | (1,233) | 22,544 | (4,196) | 458 | ||
| Other undisclosed net income (loss) attributable to parent | (73) | (74) | 479 | (12,371) | 1,741 | (3,926) | ||
| Net income (loss) attributable to parent: | (398) | (512) | (755) | 10,172 | (2,455) | (3,469) | ||
| Preferred stock dividends and other adjustments | (128) | (128) | (128) | (128) | (130) | |||
| Net income (loss) available to common stockholders, diluted: | (398) | (640) | (883) | 10,045 | (2,583) | (3,599) | ||
Comprehensive Income ($ in thousands)
| 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (326) | (438) | (1,233) | 22,544 | (4,196) | 458 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (326) | (438) | (1,233) | 22,544 | (4,196) | 458 | ||
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.