Far East Energy Corp (FEEC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
363 NORTH SAM HOUSTON PKWY HOUSTON, TX 77060 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 17,571 | 1,340 | |||
| Cash and cash equivalent | 17,571 | 1,340 | |||
| Receivables | 161 | 163 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,261 | 423 | |||
| Inventory | 1,261 | 423 | |||
| Deposits current assets | 142 | 677 | |||
| Prepaid expense and other current assets | ✕ | 512 | 385 | ||
| Total current assets: | 19,647 | 2,988 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 102,634 | 71,065 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 101,334 | 69,929 | |||
| Deferred costs | 2,227 | 371 | |||
| Prepaid expense and other noncurrent assets | ✕ | 604 | 658 | ||
| Other undisclosed noncurrent assets | (101,334) | (69,929) | |||
| Total noncurrent assets: | 105,465 | 72,094 | |||
| TOTAL ASSETS: | 125,112 | 75,082 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 40,171 | 22,385 | |||
| Accounts payable | 15,842 | 14,814 | |||
| Accrued liabilities | 24,329 | 7,571 | |||
| Debt | 87,995 | 25,730 | |||
| Total current liabilities: | 128,166 | 48,115 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 68,638 | ||||
| Long-term debt, excluding current maturities | 68,626 | ||||
| Capital lease obligations | 12 | ||||
| Liabilities, other than long-term debt | 1,302 | 840 | |||
| Asset retirement obligations | 1,302 | 840 | |||
| Other undisclosed noncurrent liabilities | (68,626) | ||||
| Total noncurrent liabilities: | 1,314 | 840 | |||
| Total liabilities: | 129,480 | 48,955 | |||
| Equity | |||||
| Equity, attributable to parent | (4,368) | 26,127 | |||
| Common stock | 346 | 345 | |||
| Additional paid in capital | 178,584 | 175,554 | |||
| Deferred compensation equity | (503) | (987) | |||
| Accumulated deficit | (182,795) | (148,785) | |||
| Total equity: | (4,368) | 26,127 | |||
| TOTAL LIABILITIES AND EQUITY: | 125,112 | 75,082 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues | 1,586 | 1,644 | ||
| Revenue, net | 1,586 | 1,644 | ||
| Cost of revenue (Cost of Product and Service Sold) | (5,425) | (5,129) | ||
| Gross profit: | (3,839) | (3,485) | ||
| Operating expenses | (23,015) | (24,057) | ||
| Other undisclosed operating income | 5,425 | 5,129 | ||
| Operating loss: | (21,429) | (22,413) | ||
| Nonoperating expense | (12,581) | (4,747) | ||
| Interest and debt expense | (11,755) | (4,756) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 11,755 | 4,756 | ||
| Loss from continuing operations: | (34,010) | (27,160) | ||
| Loss before gain (loss) on sale of properties: | (34,010) | (27,160) | ||
| Net loss available to common stockholders, diluted: | (34,010) | (27,160) | ||
Comprehensive Income ($ in thousands)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net loss: | (34,010) | (27,160) | ||
| Comprehensive loss, net of tax, attributable to parent: | (34,010) | (27,160) | ||
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.