Eco-stim Energy Solutions Inc (ESES) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2930 W SAM HOUSTON PARKWAY N HOUSTON, TX 77041 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| 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)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 3/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,826 | 1,731 | 11,742 | 8,374 | 4,292 | 0 | |||
| Cash and cash equivalents | 8,826 | 1,731 | 11,742 | 7,014 | 4,292 | 0 | |||
| Short-term investments | 1,361 | ||||||||
| Receivables | 10,167 | 2,866 | 8,155 | 264 | |||||
| Inventory, net of allowances, customer advances and progress billings | 3,699 | 2,047 | 1,546 | 1,620 | ✕ | ✕ | |||
| Inventory | 3,699 | 2,047 | 1,546 | 1,620 | |||||
| Prepaid expense | 4,363 | 1,919 | 3,328 | 2,497 | 960 | ✕ | |||
| Disposal group, including discontinued operation | |||||||||
| Other current assets | 788 | 32 | 234 | 409 | 492 | ✕ | |||
| Total current assets: | 27,843 | 8,595 | 25,006 | 13,164 | 5,743 | 0 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 75,826 | 38,382 | 37,143 | 27,949 | 3,533 | ||||
| Other noncurrent assets | 326 | 751 | 937 | ✕ | |||||
| Total noncurrent assets: | 75,826 | 38,708 | 37,894 | 28,886 | 3,533 | ||||
| TOTAL ASSETS: | 103,669 | 47,303 | 62,900 | 42,050 | 9,276 | 0 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 21,931 | 6,957 | 4,956 | 5,112 | 1,901 | 8 | |||
| Accounts payable | 17,111 | 2,454 | 1,113 | 1,947 | 677 | 8 | |||
| Accrued liabilities | 4,821 | 4,503 | 3,843 | 3,164 | 1,224 | ||||
| Debt | 7,884 | 2,789 | 3,697 | 475 | 59 | 104 | |||
| Disposal group, including discontinued operation | |||||||||
| Due to related parties | 164 | ||||||||
| Other undisclosed current liabilities | 755 | 556 | |||||||
| Total current liabilities: | 29,815 | 9,746 | 8,654 | 6,342 | 2,516 | 276 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,173 | 22,504 | 23,486 | 25,625 | 2,721 | ||||
| Long-term debt, excluding current maturities | 1,173 | 21,737 | 22,000 | 25,625 | |||||
| Capital lease obligations | 767 | 1,486 | 2,721 | ||||||
| Other undisclosed noncurrent liabilities | 2,102 | ||||||||
| Total noncurrent liabilities: | 1,173 | 22,504 | 23,486 | 27,727 | 2,721 | ||||
| Total liabilities: | 30,988 | 32,250 | 32,139 | 34,069 | 5,237 | 276 | |||
| Equity | |||||||||
| Equity, attributable to parent | 72,681 | 15,053 | 30,761 | 7,981 | 4,039 | (276) | |||
| Preferred stock | |||||||||
| Common stock | 75 | 14 | 14 | 6 | 4 | 75 | |||
| Treasury stock, value | (57) | (57) | (20) | ||||||
| Additional paid in capital | 144,071 | 59,557 | 57,303 | 21,116 | 10,007 | 4,526 | |||
| Accumulated other comprehensive income | 26 | ||||||||
| Accumulated deficit | (71,407) | (44,461) | (26,535) | (13,141) | (5,998) | (4,877) | |||
| Total equity: | 72,681 | 15,053 | 30,761 | 7,981 | 4,039 | (276) | |||
| TOTAL LIABILITIES AND EQUITY: | 103,669 | 47,303 | 62,900 | 42,050 | 9,276 | 0 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 3/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 44,018 | 8,352 | 13,755 | 834 | 5 | |||
| Financial services revenue | ✕ | 5,091 | 4,724 | |||||
| Cost of revenue | (53,002) | (10,630) | (14,527) | (4,304) | (2) | |||
| Cost of goods and services sold | (53,002) | (10,630) | (14,527) | (2) | ||||
| Other undisclosed gross profit | ||||||||
| Gross profit: | (8,985) | (2,278) | (772) | (3,469) | 2 | |||
| Operating expenses | (69,930) | (21,676) | (25,933) | (10,504) | (3,579) | (19) | ||
| Other undisclosed operating income | 53,002 | 10,630 | 14,527 | 4,304 | ||||
| Operating loss: | (25,912) | (13,324) | (12,178) | (9,670) | (3,576) | (19) | ||
| Nonoperating income (expense) | (1,668) | (4,296) | (872) | 7,277 | 10,000 | |||
| Investment income, nonoperating | 4,724 | |||||||
| Debt instrument, convertible, beneficial conversion feature | 10,000 | |||||||
| Other nonoperating income (expense) | (354) | (4,296) | (872) | 2,527 | ||||
| Interest and debt expense | (1,949) | (3,979) | (4,008) | (2,013) | (17) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (29,529) | (21,599) | (17,058) | (4,406) | 6,424 | (36) | ||
| Other undisclosed loss from continuing operations before income taxes | (10,000) | |||||||
| Loss from continuing operations before income taxes: | (29,529) | (21,599) | (17,058) | (4,406) | (3,576) | (36) | ||
| Income tax expense (benefit) | 634 | (305) | (344) | |||||
| Other undisclosed income from continuing operations | ||||||||
| Loss from continuing operations: | (28,896) | (21,904) | (17,403) | (4,406) | (3,576) | (36) | ||
| Loss before gain (loss) on sale of properties: | (28,896) | (21,904) | (17,403) | (4,406) | (3,576) | (36) | ||
| Loss from discontinued operations | ||||||||
| Net loss: | (28,896) | (21,904) | (17,403) | (4,406) | (3,576) | (36) | ||
| Other undisclosed net income (loss) attributable to parent | 1,949 | 3,979 | 4,008 | (2,737) | ||||
| Net loss available to common stockholders, diluted: | (26,947) | (17,925) | (13,395) | (7,142) | (3,576) | (36) | ||
Comprehensive Income ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 3/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (28,896) | (21,904) | (17,403) | (4,406) | (3,576) | (36) | ||
| Other comprehensive loss | (26) | |||||||
| Comprehensive loss: | (28,896) | (21,904) | (17,403) | (4,432) | (3,576) | (36) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 4,008 | (2,737) | 26 | |||||
| Comprehensive loss, net of tax, attributable to parent: | (28,896) | (21,904) | (13,395) | (7,168) | (3,550) | (36) | ||
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.