Far East Energy Corp (FEEC) Financial Statements (2024 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 17,5711,340
Cash and cash equivalents 17,5711,340
Receivables 161163
Inventory, net of allowances, customer advances and progress billings 1,261423
Inventory 1,261423
Deposits current assets 142677
Prepaid expense and other current assets512385
Total current assets: 19,6472,988
Noncurrent Assets
Property, plant and equipment 102,63471,065
Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment 101,33469,929
Deferred costs 2,227371
Prepaid expense and other noncurrent assets604658
Other undisclosed noncurrent assets (101,334)(69,929)
Total noncurrent assets: 105,46572,094
TOTAL ASSETS: 125,11275,082
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 40,17122,385
Accounts payable 15,84214,814
Accrued liabilities 24,3297,571
Debt 87,99525,730
Total current liabilities: 128,16648,115
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 1,302840
Asset retirement obligations 1,302840
Other undisclosed noncurrent liabilities (68,626) 
Total noncurrent liabilities: 1,314840
Total liabilities: 129,48048,955
Equity
Equity, attributable to parent (4,368)26,127
Common stock 346345
Additional paid in capital 178,584175,554
Deferred compensation equity (503)(987)
Accumulated deficit (182,795)(148,785)
Total equity: (4,368)26,127
TOTAL LIABILITIES AND EQUITY: 125,11275,082

Income Statement (P&L) ($ in thousands)

9/30/2014
TTM
12/31/2013
12/31/2012
Revenues 1,5861,644
Revenue, net 1,5861,644
Cost of revenue
(Cost of Goods and Services Sold)
 (5,425)(5,129)
Gross profit: (3,839)(3,485)
Operating expenses (23,015)(24,057)
Other undisclosed operating income 5,4255,129
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 11,7554,756
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.

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