Eflo Energy Inc (EFLO) Financial Statements (2026 and earlier)

Company Profile

Business Address 112 NORTH CURRY
CARSON CITY, NV 89703
State of Incorp. NV
Fiscal Year End August 31
Industry (SIC) 1382 - Oil and Gas Field Exploration Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

5/31/2015
Q3
2/28/2015
Q2
11/30/2014
Q1
8/31/2014
Q4
5/31/2014
Q3
2/28/2014
Q2
11/30/2013
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments158,905241,752650,599215,087927,9651,706,874
Cash and cash equivalent158,905241,752650,599215,087927,9651,706,874
Prepaid expense111,507165,25447,86436,70765,123110,043
Other undisclosed current assets1,308,2131,601,2601,620,0801,503,4621,307,3731,083,582
Total current assets:1,578,6252,008,2662,318,5431,755,2562,300,4612,900,499
Noncurrent Assets
Oil and gas, full cost method, property and equipment, after accumulated depletion      
Intangible assets, net (including goodwill)1,194,365 1,194,3651,194,3651,194,3651,194,365
Goodwill1,194,365 1,194,3651,194,3651,194,3651,194,365
Other noncurrent assets1,194,3651,194,3651,194,3651,194,3651,194,3651,194,365
Other undisclosed noncurrent assets49,340,18150,518,23849,111,62448,638,67148,327,93047,940,445
Total noncurrent assets:51,728,91151,712,60351,500,35451,027,40150,716,66050,329,175
TOTAL ASSETS:53,307,53653,720,86953,818,89752,782,65753,017,12153,229,674
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,866,3712,949,7464,250,6254,024,6693,665,3383,277,293
Other undisclosed accounts payable and accrued liabilities2,866,3712,949,7464,250,6254,024,6693,665,3383,277,293
Debt2,223,9713,485,0043,396,0361,928,787  
Asset retirement obligation80,00080,00080,00080,00080,000 
Other undisclosed current liabilities      80,000
Total current liabilities:5,170,3426,514,7507,726,6616,033,4563,745,3383,357,293
Noncurrent Liabilities
Liabilities, other than long-term debt18,109,55717,934,25017,759,02317,583,88917,409,79217,237,418
Asset retirement obligations18,109,55717,934,25017,759,02317,583,88917,409,79217,237,418
Other undisclosed noncurrent liabilities3,297,4343,297,4343,297,4342,779,8494,560,8354,516,352
Total noncurrent liabilities:21,406,99121,231,68421,056,45720,363,73821,970,62721,753,770
Total liabilities:26,577,33327,746,43428,783,11826,397,19425,715,96525,111,063
Equity
Equity, attributable to parent26,730,20325,974,43525,035,77926,385,46327,301,15628,118,611
Common stock32,20520,89619,89819,64919,58819,539
Additional paid in capital32,094,83730,621,89330,493,04530,184,76830,028,39129,862,463
Accumulated other comprehensive loss(141,033)(105,116)(90,423)(89,198)(76,572)(37,387)
Accumulated deficit(5,255,806)(4,563,238)(5,386,741)(3,729,756)(2,670,251)(1,726,004)
Total equity:26,730,20325,974,43525,035,77926,385,46327,301,15628,118,611
TOTAL LIABILITIES AND EQUITY:53,307,53653,720,86953,818,89752,782,65753,017,12153,229,674

Income Statement (P&L) (USD)

5/31/2015
Q3
2/28/2015
Q2
11/30/2014
Q1
8/31/2014
Q4
5/31/2014
Q3
2/28/2014
Q2
11/30/2013
Q1
Gross profit: (269,545)(367,748)(624,460)(626,272)(524,605)(626,976)
Operating expenses(245,592)(239,153)(235,843)(228,568)(317,848)(433,215)
Other undisclosed operating income      
Operating loss:(515,137)(606,901)(860,303)(854,840)(842,453)(1,060,191)
Nonoperating income (expense)
(Gain (Loss), Foreign Currency Transaction, before Tax)
(35,917)(14,693)(1,225)(12,626)(39,185)6,101
Interest and debt expense(177,431)1,430,404(279,097)(204,665)(101,794)(34,704)
Income (loss) from continuing operations before equity method investments, income taxes:(728,485)808,810(1,140,625)(1,072,131)(983,432)(1,088,794)
Other undisclosed income (loss) from continuing operations before income taxes35,91714,6931,22512,62639,185(6,101)
Income (loss) from continuing operations before income taxes:(692,568)823,503(1,139,400)(1,059,505)(944,247)(1,094,895)
Other undisclosed loss from continuing operations   (517,585)   
Income (loss) from continuing operations:(692,568)823,503(1,656,985)(1,059,505)(944,247)(1,094,895)
Income (loss) before gain (loss) on sale of properties:(692,568)823,503(1,656,985)(1,059,505)(944,247)(1,094,895)
Net income (loss) available to common stockholders, diluted:(692,568)823,503(1,656,985)(1,059,505)(944,247)(1,094,895)

Comprehensive Income (USD)

5/31/2015
Q3
2/28/2015
Q2
11/30/2014
Q1
8/31/2014
Q4
5/31/2014
Q3
2/28/2014
Q2
11/30/2013
Q1
Net income (loss):(692,568)823,503(1,656,985)(1,059,505)(944,247)(1,094,895)
Other comprehensive loss(728,485) (1,658,210)(1,072,131)  
Comprehensive income (loss):(1,421,053)823,503(3,315,195)(2,131,636)(944,247)(1,094,895)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (14,693)4,755,632   
Comprehensive income (loss), net of tax, attributable to parent:(1,421,053)808,8101,440,437(2,131,636)(944,247)(1,094,895)

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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