Discovery Energy Corp. (DENR) financial statements (2022 and earlier)

Company profile

Business Address ONE RIVERWAY DRIVE
HOUSTON, TX 77056
State of Incorp. NV
Fiscal Year End February 28
SIC 1382 - Oil and Gas Field Exploration Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
2/29/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3410840626153416
Cash and cash equivalents3410840626153416
Receivables001128 
Prepaid expense2883423911917
Total current assets:62184343035356133
Noncurrent Assets
Oil and gas property, successful effort method2,8842,8842,8842,8842,8842,621 
Intangible assets, net (including goodwill)      2,421
Intangible assets, net (excluding goodwill)      2,421
Other noncurrent assets363933363938 
Total noncurrent assets:2,9202,9232,9172,9202,9232,6602,421
TOTAL ASSETS:2,9822,9412,9603,3503,2763,2212,454
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,0963,3222,2231,41081433797
Other undisclosed accounts payable and accrued liabilities4,0963,3222,2231,41081433797
Debt10     542
Due to related parties1,8441,27381414930140263
Other liabilities     414
Total current liabilities:5,9514,5953,0381,559844481917
Noncurrent Liabilities
Long-term debt and lease obligation5,9205,5134,7453,1821,754557 
Long-term debt, excluding current maturities5,9205,5134,7453,1821,754557 
Other undisclosed noncurrent liabilities    15,5268,221 
Total noncurrent liabilities:5,9205,5134,7453,18217,2818,778 
Total liabilities:11,87010,1097,7834,74118,1259,259917
Stockholders' equity
Stockholders' equity attributable to parent, including:(8,889)(7,168)(4,823)(1,391)(14,849)(6,039)1,538
Common stock154154154148143142140
Common stock, share subscribed but unissued, subscriptions receivable  (6)    
Additional paid in capital24,20024,20020,44718,0604,5204,2473,953
Accumulated other comprehensive income (loss)162140154765(89)(12)
Accumulated deficit(33,405)(31,662)(25,578)(19,675)(19,517)(10,338)(2,544)
Other undisclosed stockholders' equity attributable to parent  6    
Total stockholders' equity:(8,889)(7,168)(4,823)(1,391)(14,849)(6,039)1,538
TOTAL LIABILITIES AND EQUITY:2,9822,9412,9603,3503,2763,2212,454

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

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
2/29/2016
Operating expenses(1,837)(3,755)(3,662)(1,514)(1,420)(3,832)(281)
Operating loss:(1,837)(3,755)(3,662)(1,514)(1,420)(3,832)(281)
Nonoperating expense(1,487)(2,328)(2,241)(2,272)(7,759)(3,962)(3)
Foreign currency transaction gain (loss), before tax(1)(0) (2)4418
Interest and debt expense(1,176)(2,328)(2,243)(2,345)(2,151)58(21)
Net loss:(4,500)(8,412)(8,146)(6,131)(11,330)(7,737)(306)
Other undisclosed net income (loss) attributable to parent1,1762,3282,2432,3452,151(58)21
Net loss available to common stockholders, diluted:(3,324)(6,084)(5,903)(3,786)(9,179)(7,794)(284)

Comprehensive Income ($ in thousands)

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
2/29/2016
Net loss:(4,500)(8,412)(8,146)(6,131)(11,330)(7,737)(306)
Other comprehensive loss     (77)(5)
Comprehensive loss:(4,500)(8,412)(8,146)(6,131)(11,330)(7,814)(311)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,1082,3142,3212,4162,245(58) 
Comprehensive loss, net of tax, attributable to parent:(3,393)(6,098)(5,825)(3,714)(9,085)(7,871)(311)

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.

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