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 investments | 34 | 8 | 15 | 10 | 15 | 38 | 75 | ||
| Cash and cash equivalents | 34 | 8 | 15 | 10 | 15 | 38 | 75 | ||
| Receivables | 0 | 0 | 1 | 0 | 0 | 0 | 0 | ||
| Prepaid expense | 28 | 38 | 45 | 8 | 17 | 96 | 101 | ||
| Total current assets: | 62 | 47 | 61 | 18 | 32 | 133 | 176 | ||
| Noncurrent Assets | |||||||||
| Oil and gas property, successful effort method | 2,884 | 2,884 | 2,884 | 2,884 | 2,884 | 2,884 | 2,884 | ||
| Other noncurrent assets | 36 | 37 | 39 | 39 | 37 | 37 | 33 | ||
| Total noncurrent assets: | 2,920 | 2,921 | 2,923 | 2,923 | 2,921 | 2,921 | 2,917 | ||
| TOTAL ASSETS: | 2,982 | 2,967 | 2,984 | 2,941 | 2,953 | 3,054 | 3,093 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 4,096 | 3,851 | 3,583 | 3,322 | 3,058 | 2,805 | 2,480 | ||
| Other undisclosed accounts payable and accrued liabilities | 4,096 | 3,851 | 3,583 | 3,322 | 3,058 | 2,805 | 2,480 | ||
| Debt | 10 | 18 | 119 | 6,001 | 5,574 | 5,155 | |||
| Due to related parties | 1,844 | 1,637 | 1,438 | 1,273 | 1,343 | 1,193 | 1,038 | ||
| Total current liabilities: | 5,951 | 5,506 | 5,140 | 4,595 | 10,401 | 9,573 | 8,672 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,920 | 5,731 | 5,621 | 5,513 | 119 | 119 | 119 | ||
| Long-term debt, excluding current maturities | 5,920 | 5,731 | 5,621 | 5,513 | 119 | 119 | 119 | ||
| Total noncurrent liabilities: | 5,920 | 5,731 | 5,621 | 5,513 | 119 | 119 | 119 | ||
| Total liabilities: | 11,870 | 11,237 | 10,760 | 10,109 | 10,520 | 9,691 | 8,791 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (8,889) | (8,269) | (7,777) | (7,168) | (7,567) | (6,637) | (5,698) | ||
| Common stock | 154 | 154 | 154 | 154 | 154 | 154 | 154 | ||
| Additional paid in capital | 24,200 | 24,200 | 24,200 | 24,200 | 21,317 | 21,317 | 20,497 | ||
| Accumulated other comprehensive income | 162 | 155 | 142 | 140 | 230 | 228 | 227 | ||
| 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: | 2,982 | 2,967 | 2,984 | 2,941 | 2,953 | 3,054 | 3,093 | ||
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 parent | 315 | (102) | 301 | 662 | 613 | 603 | 590 | |
| 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 parent | 322 | (88) | 303 | 571 | 615 | 603 | 663 | |
| 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.