Daybreak Oil & Gas Inc (DBRM) Financial Statements (2024 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)Annual | Quarterly
11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | 5/31/2021 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 413 | 1,159 | 140 | 17 | 57 | 113 | |||
Cash and cash equivalents | 413 | 1,159 | 140 | 17 | 57 | 113 | |||
Restricted cash and investments | 275 | ||||||||
Receivables | 529 | 169 | 203 | 189 | 133 | 146 | |||
Other undisclosed current assets | 23 | 52 | 74 | 96 | 22 | 34 | |||
Total current assets: | 1,240 | 1,381 | 417 | 303 | 212 | 292 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 5 | 6 | 7 | 7 | 8 | 8 | |||
Oil and gas property, successful effort method | 5,424 | 5,221 | 536 | 579 | 591 | 602 | |||
Intangible assets, net (including goodwill) | 1,876 | 2,169 | |||||||
Goodwill | 1,876 | 2,169 | |||||||
Prepaid expense | 16 | 16 | 16 | 16 | 16 | 16 | |||
Total noncurrent assets: | 7,322 | 7,412 | 559 | 603 | 616 | 627 | |||
TOTAL ASSETS: | 8,562 | 8,793 | 976 | 906 | 828 | 919 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 252 | 210 | 79 | 86 | 55 | 98 | |||
Interest and dividends payable | ✕ | ✕ | ✕ | 176 | 161 | 149 | 136 | ||
Accrued liabilities | |||||||||
Other undisclosed accounts payable and accrued liabilities | 252 | 210 | (97) | (75) | (94) | (38) | |||
Debt | 410 | 410 | 1,243 | 1,252 | 1,260 | 1,268 | |||
Due to related parties | 8 | 8 | 8 | 990 | 1,047 | 1,031 | |||
Other undisclosed current liabilities | 2,191 | 2,385 | 2,075 | 2,269 | 2,042 | 2,094 | |||
Total current liabilities: | 2,861 | 3,013 | 3,405 | 4,596 | 4,404 | 4,491 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 73 | 73 | |||||||
Long-term debt, excluding current maturities | 73 | 73 | |||||||
Liabilities, other than long-term debt | 973 | 801 | 918 | 1,671 | 1,670 | 1,603 | |||
Accounts payable and accrued liabilities | 634 | 621 | 738 | 1,505 | 1,503 | 1,436 | |||
Asset retirement obligations | 216 | 54 | 53 | 37 | 35 | 34 | |||
Due to related parties | 123 | 125 | 127 | 129 | 131 | 133 | |||
Total noncurrent liabilities: | 973 | 801 | 918 | 1,671 | 1,743 | 1,676 | |||
Total liabilities: | 3,834 | 3,814 | 4,323 | 6,267 | 6,147 | 6,167 | |||
Equity | |||||||||
Equity, attributable to parent, including: | 4,728 | 4,978 | (3,347) | (5,361) | (5,319) | (5,248) | |||
Common stock | 385 | 385 | 68 | 60 | 60 | 60 | |||
Additional paid in capital | 35,298 | 35,298 | 26,115 | 24,255 | 24,254 | 24,252 | |||
Accumulated deficit | (30,954) | (30,704) | (29,530) | (29,677) | (29,634) | (29,562) | |||
Other undisclosed equity, attributable to parent | 1 | 1 | 1 | ||||||
Total equity: | 4,728 | 4,978 | (3,347) | (5,361) | (5,319) | (5,248) | |||
TOTAL LIABILITIES AND EQUITY: | 8,562 | 8,793 | 976 | 906 | 828 | 919 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | 5/31/2021 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 541 | 248 | 406 | 189 | 169 | 147 | ||
Cost of revenue (Cost of Goods and Services Sold) | (10) | |||||||
Gross profit: | 541 | 248 | 406 | 189 | 169 | 137 | ||
Operating expenses | (724) | (1,350) | (335) | (242) | (187) | (228) | ||
Other undisclosed operating income | 10 | |||||||
Operating income (loss): | (183) | (1,103) | 71 | (53) | (18) | (81) | ||
Interest and debt expense | (68) | (513) | 255 | (63) | (54) | (61) | ||
Other undisclosed loss from continuing operations before equity method investments, income taxes | (138) | |||||||
Income (loss) from continuing operations: | (250) | (1,615) | 188 | (116) | (72) | (142) | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | (250) | (1,615) | 188 | (116) | (72) | (142) | |
Net income (loss): | (250) | (1,615) | 188 | (116) | (72) | (142) | ||
Other undisclosed net income (loss) attributable to parent | 442 | (73) | 73 | 10 | ||||
Net income (loss) attributable to parent: | (250) | (1,173) | 116 | (43) | (72) | (133) | ||
Preferred stock dividends and other adjustments | (32) | (32) | (32) | |||||
Other undisclosed net income available to common stockholders, basic | 96 | |||||||
Net income (loss) available to common stockholders, diluted: | (250) | (1,173) | 212 | (75) | (104) | (165) |
Comprehensive Income ($ in thousands)Annual | Quarterly
11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | 5/31/2021 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (250) | (1,615) | 188 | (116) | (72) | (142) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (250) | (1,615) | 188 | (116) | (72) | (142) |
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.