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
Q3
8/31/2021
Q2
5/31/2021
Q1
2/28/2021
Q4
11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3481510153875
Cash and cash equivalents3481510153875
Receivables0010000
Prepaid expense28384581796101
Total current assets:6247611832133176
Noncurrent Assets
Oil and gas property, successful effort method2,8842,8842,8842,8842,8842,8842,884
Other noncurrent assets36373939373733
Total noncurrent assets:2,9202,9212,9232,9232,9212,9212,917
TOTAL ASSETS:2,9822,9672,9842,9412,9533,0543,093
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,0963,8513,5833,3223,0582,8052,480
Other undisclosed accounts payable and accrued liabilities4,0963,8513,5833,3223,0582,8052,480
Debt1018119 6,0015,5745,155
Due to related parties1,8441,6371,4381,2731,3431,1931,038
Total current liabilities:5,9515,5065,1404,59510,4019,5738,672
Noncurrent Liabilities
Long-term debt and lease obligation5,9205,7315,6215,513119119119
Long-term debt, excluding current maturities5,9205,7315,6215,513119119119
Total noncurrent liabilities:5,9205,7315,6215,513119119119
Total liabilities:11,87011,23710,76010,10910,5209,6918,791
Stockholders' equity
Stockholders' equity attributable to parent(8,889)(8,269)(7,777)(7,168)(7,567)(6,637)(5,698)
Common stock154154154154154154154
Additional paid in capital24,20024,20024,20024,20021,31721,31720,497
Accumulated other comprehensive income162155142140230228227
Accumulated deficit(33,405)(32,778)(32,273)(31,662)(29,268)(28,336)(26,576)
Total stockholders' equity:(8,889)(8,269)(7,777)(7,168)(7,567)(6,637)(5,698)
TOTAL LIABILITIES AND EQUITY:2,9822,9672,9842,9412,9533,0543,093

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

11/30/2021
Q3
8/31/2021
Q2
5/31/2021
Q1
2/28/2021
Q4
11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
Operating expenses(312)(299)(310)(917)(319)(1,158)(408)
Operating loss:(312)(299)(310)(917)(319)(1,158)(408)
Nonoperating expense(315)(207)(301)(664)(613)(603)(590)
Interest and debt expense(315)102(301)(662)(613)(603)(590)
Net loss:(942)(404)(912)(2,243)(1,545)(2,363)(1,588)
Other undisclosed net income (loss) attributable to parent315(102)301662613603590
Net loss available to common stockholders, diluted:(627)(506)(611)(1,581)(932)(1,760)(998)

Comprehensive Income ($ in thousands)

11/30/2021
Q3
8/31/2021
Q2
5/31/2021
Q1
2/28/2021
Q4
11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
Net loss:(942)(404)(912)(2,243)(1,545)(2,363)(1,588)
Comprehensive loss:(942)(404)(912)(2,243)(1,545)(2,363)(1,588)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent322(88)303571615603663
Comprehensive loss, net of tax, attributable to parent:(620)(492)(609)(1,672)(930)(1,759)(925)

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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