Diversified Resources, Inc. (DDRI) Financial Statements (2024 and earlier)

Company Profile

Business Address 1789 W. LITTLETON BLVD.
LITTLETON, CO 80120
State of Incorp. NV
Fiscal Year End October 31
Industry (SIC) 1382 - Oil and Gas Field Exploration Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

7/31/2016
Q3
4/30/2016
Q2
1/31/2016
Q1
10/31/2015
Q4
7/31/2015
Q3
4/30/2015
Q2
1/31/2015
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5231642280210129
Cash and cash equivalents5231642280210129
Receivables2,527 6745 55
Prepaid expense   3313
Other undisclosed current assets373 314   
Total current assets:3,423164403128213197
Noncurrent Assets
Property, plant and equipment9,6921,8001,8461,8061,8241,864
Oil and gas property, successful effort method1,2301,2461,2833,7463,7413,766
Intangible assets, net (including goodwill)3,985     
Goodwill3,985     
Deposits noncurrent assets168168168168168168
Other undisclosed noncurrent assets4,3694,1754,1744,1424,1424,142
Total noncurrent assets:19,4437,3897,4719,8629,8769,940
TOTAL ASSETS:22,8667,5547,8749,99010,08910,137
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3157367937235731,097
Settlement liabilities      501
Interest and dividends payable 73  18  
Taxes payable741     
Accounts payable1,062360387297200191
Accrued liabilities440376406409373405
Debt1,184320320320320434
Due to related parties256255255227227227
Other undisclosed current liabilities2541815(5)10(494)
Total current liabilities:4,0101,3291,3821,2651,1291,264
Noncurrent Liabilities
Long-term debt and lease obligation7,3773,709 3,2932,9042,194
Long-term debt, excluding current maturities7,1973,709 3,2932,9042,194
Capital lease obligations 180     
Liabilities, other than long-term debt 339     
Asset retirement obligations 339     
Other undisclosed noncurrent liabilities   3,819   
Total noncurrent liabilities:7,7153,7093,8193,2932,9042,194
Total liabilities:11,7255,0385,2024,5584,0333,458
Equity
Equity, attributable to parent, including:10,3912,1862,6735,1205,7506,382
Preferred stock  00   
Common stock452323232323
Additional paid in capital20,1389,7429,7429,2939,2939,293
Accumulated deficit(9,791)(7,580)(7,093)(4,196)(3,565) 
Other undisclosed equity, attributable to parent      (2,934)
Total equity:10,3912,1862,6735,1205,7506,382
Other undisclosed liabilities and equity750330 313305297
TOTAL LIABILITIES AND EQUITY:22,8667,5547,8749,99010,08910,137

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

7/31/2016
Q3
4/30/2016
Q2
1/31/2016
Q1
10/31/2015
Q4
7/31/2015
Q3
4/30/2015
Q2
1/31/2015
Q1
Revenues
(Revenue, Net)
3,9123584161118240
Cost of revenue
(Cost of Goods and Services Sold)
(3,432)(82)(127)(218)(159)(150)
Gross profit:480(47)(43)(57)(41)90
Operating expenses(2,797)(463)(2,934)(706)(682)(883)
Other operating income (expense), net(45)(59)(208)42(30)(9)
Other expenses    42  
Operating loss:(2,362)(569)(3,185)(722)(753)(801)
Interest and debt expense4559208(42)(30)(9)
Loss from continuing operations before equity method investments, income taxes:(2,317)(510)(2,977)(764)(784)(810)
Other undisclosed income from continuing operations before income taxes2,948     
Income (loss) from continuing operations:630(510)(2,977)(764)(784)(810)
Income (loss) before gain (loss) on sale of properties:630(510)(2,977)(764)(784)(810)
Other undisclosed net income   557   
Net income (loss):630(510)(2,420)(764)(784)(810)
Other undisclosed net income (loss) attributable to parent(2,842)23(477)177189159
Net loss available to common stockholders, diluted:(2,212)(487)(2,897)(587)(594)(651)

Comprehensive Income ($ in thousands)

7/31/2016
Q3
4/30/2016
Q2
1/31/2016
Q1
10/31/2015
Q4
7/31/2015
Q3
4/30/2015
Q2
1/31/2015
Q1
Net income (loss):630(510)(2,420)(764)(784)(810)
Comprehensive income (loss), net of tax, attributable to parent:630(510)(2,420)(764)(784)(810)

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.

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