Far East Energy Corp (FEEC) Financial Statements (2026 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)
Annual | Quarterly

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,23611,41317,57126,16131,78140,221
Cash and cash equivalent7,23611,41317,57126,16131,78140,221
Receivables411373161238134133
Inventory, net of allowances, customer advances and progress billings1,1691,2211,2611,8251,356454
Inventory1,1691,2211,2611,8251,356454
Prepaid expense528     
Deposits current assets148148142234204122
Other current assets21     
Prepaid expense and other current assets✕✕5425121,021780561
Total current assets:9,51313,69719,64729,47934,25541,491
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization101,243102,000102,63495,53381,43871,267
Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment100,074100,757101,33494,28180,35370,187
Deferred costs1,6971,9522,2272,6113,0033,174
Other noncurrent assets1,118     
Prepaid expense and other noncurrent assets✕✕845604986869782
Other undisclosed noncurrent assets(100,074)(100,757)(101,334)(94,281)(80,353)(70,187)
Total noncurrent assets:104,058104,797105,46599,13085,31075,223
TOTAL ASSETS:113,571118,494125,112128,609119,565116,714
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities40,64042,16640,17139,46026,63716,369
Accounts payable27,53221,96915,84210,8787,6289,430
Accrued liabilities13,10820,19724,32928,58219,0096,939
Debt93,34088,17887,99521,00021,00021,000
Total current liabilities:133,980130,344128,16660,46047,63737,369
Noncurrent Liabilities
Long-term debt and lease obligation111268,63862,17558,01157,830
Long-term debt, excluding current maturities   68,62662,17558,01157,830
Capital lease obligations111212   
Liabilities, other than long-term debt1,3821,3411,3021,210992875
Asset retirement obligations1,3821,3411,3021,210992875
Other undisclosed noncurrent liabilities   (68,626)   
Total noncurrent liabilities:1,3931,3531,31463,38559,00358,705
Total liabilities:135,373131,697129,480123,845106,64096,074
Equity
Equity, attributable to parent, including:(21,802)(13,203)(4,368)4,76412,92520,640
Common stock346346346346346346
Additional paid in capital178,703178,661178,584178,477178,302178,193
Deferred compensation equity(380)(451)(503)(649)(795)(947)
Accumulated deficit(200,471)(191,759)(182,795)(173,410)(164,996)(156,952)
Other undisclosed equity, attributable to parent     68 
Total equity:(21,802)(13,203)(4,368)4,76412,92520,640
TOTAL LIABILITIES AND EQUITY:113,571118,494125,112128,609119,565116,714

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
Revenues1,1371,031485400268433
Revenue, net1,1371,031485400268433
Cost of revenue
(Cost of Product and Service Sold)		(1,695)(2,408)(1,830)(1,253)(1,103)(1,239)
Gross profit:(558)(1,377)(1,345)(853)(835)(806)
Operating expenses(6,395)(6,990)(6,376)(5,583)(5,193)(5,863)
Other undisclosed operating income1,6952,4081,8301,2531,1031,239
Operating loss:(5,258)(5,959)(5,891)(5,183)(4,925)(5,430)
Nonoperating expense(3,454)(3,005)(3,494)(3,231)(3,119)(2,737)
Interest and debt expense(3,470)(3,292)(3,149)(3,057)(2,919)(2,630)
Other undisclosed income from continuing operations before equity method investments, income taxes3,4703,2923,1493,0572,9192,630
Loss from continuing operations:(8,712)(8,964)(9,385)(8,414)(8,044)(8,167)
Loss before gain (loss) on sale of properties:(8,712)(8,964)(9,385)(8,414)(8,044)(8,167)
Net loss available to common stockholders, diluted:(8,712)(8,964)(9,385)(8,414)(8,044)(8,167)

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
Net loss:(8,712)(8,964)(9,385)(8,414)(8,044)(8,167)
Comprehensive loss, net of tax, attributable to parent:(8,712)(8,964)(9,385)(8,414)(8,044)(8,167)

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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