Erhc Energy Inc (ERHE) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5444 WESTHEIMER SUITE 1570 HOUSTON, TX 77056 |
| State of Incorp. | CO |
| Fiscal Year End | September 30 |
| Industry (SIC) | 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2017 MRQ | 9/30/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 440 | 969 | 2,854 | 1,748 | |||
| Cash and cash equivalents | 440 | 757 | 2,182 | 1,184 | |||
| Short-term investments | 212 | 671 | 564 | ||||
| Deferred costs | 47 | 147 | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 229 | ||
| Other undisclosed current assets | 30 | 208 | 247 | ||||
| Total current assets: | 469 | 1,224 | 3,248 | 1,977 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 70 | 133 | 206 | 202 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 5,684 | ||||||
| Restricted cash and investments | 2,186 | ||||||
| Deferred costs | 14 | 44 | |||||
| Other undisclosed noncurrent assets | 6,016 | 8,197 | 8,107 | ||||
| Total noncurrent assets: | 5,754 | 6,164 | 8,447 | 10,496 | |||
| TOTAL ASSETS: | 6,223 | 7,388 | 11,695 | 12,473 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 9,274 | 989 | 380 | 983 | |||
| Taxes payable | 2,740 | 2,740 | |||||
| Other undisclosed accounts payable and accrued liabilities | 6,534 | (1,751) | 380 | 983 | |||
| Debt | 182 | 253 | 626 | ||||
| Derivative instruments and hedges, liabilities | 771 | 726 | 751 | ||||
| Due to related parties | 100 | ||||||
| Other undisclosed current liabilities | 2,740 | 2,740 | |||||
| Total current liabilities: | 13,066 | 4,708 | 1,757 | 983 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 3 | 38 | |||||
| Long-term debt, excluding current maturities | 3 | 38 | |||||
| Liabilities, other than long-term debt | 271 | ||||||
| Derivative instruments and hedges, liabilities | 271 | ||||||
| Total noncurrent liabilities: | 3 | 309 | |||||
| Total liabilities: | 13,066 | 4,711 | 2,065 | 983 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | (6,843) | 2,677 | 9,630 | 11,489 | |||
| Common stock | 5 | 3 | 77 | 76 | |||
| Additional paid in capital | 107,437 | 106,048 | 101,080 | 101,067 | |||
| Accumulated other comprehensive loss | (1,136) | (679) | (786) | ||||
| Accumulated deficit | (114,285) | (102,238) | |||||
| Other undisclosed equity, attributable to parent | (90,848) | (88,868) | |||||
| Total equity: | (6,843) | 2,677 | 9,630 | 11,489 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,223 | 7,388 | 11,695 | 12,473 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2017 TTM | 9/30/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|---|
| Revenues (Financial Services Revenue) | 3 | |||||
| Gross profit: | 3 | |||||
| Operating expenses | (10,260) | (4,094) | (1,598) | (5,156) | ||
| Operating loss: | (10,260) | (4,092) | (1,598) | (5,156) | ||
| Nonoperating income (expense) | (1,787) | (2,537) | (383) | 3 | ||
| Investment income, nonoperating | 1 | 2 | 5 | 3 | ||
| Interest and debt expense | (82) | (2,456) | (132) | (0) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 82 | 2,453 | 132 | 0 | ||
| Loss from continuing operations: | (12,047) | (6,631) | (1,981) | (5,153) | ||
| Loss before gain (loss) on sale of properties: | (12,047) | (6,631) | (1,981) | (5,153) | ||
| Net loss available to common stockholders, diluted: | (12,047) | (6,631) | (1,981) | (5,153) | ||
Comprehensive Income ($ in thousands)
| 6/30/2017 TTM | 9/30/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|---|
| Net loss: | (12,047) | (6,631) | (1,981) | (5,153) | ||
| Comprehensive loss: | (12,047) | (6,631) | (1,981) | (5,153) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,136 | (457) | 108 | 23 | ||
| Comprehensive loss, net of tax, attributable to parent: | (10,911) | (7,089) | (1,873) | (5,130) | ||
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.